Mr. Spencer Huh reports

NEO BATTERY ACHIEVES OFFICIAL VENDOR STATUS WITH ASIAN FORTUNE GLOBAL 500 AUTOMOTIVE OEM

Neo Battery Materials Ltd. has received official vendor status approval from an Asian Fortune Global 500 automotive original equipment manufacturer (OEM).

As part of the customer's supplier onboarding process, NEO successfully met the customer's technical, compliance and evaluation requirements. This approval milestone serves as formal validation of NEO's operational readiness and reflects the customer's acceptance of NEO's product quality and manufacturing capability to support testing and integration activities.

Official vendor status enables NEO to directly supply and transact with the customer on future battery purchase orders and commercial arrangements, without the need for third party co-ordination. The approval builds on NEO's existing manufacturing activities with the customer and expands eligibility for future sourcing discussions beyond initial development and qualification programs.

Mr. S.J. Youn, head of manufacturing and facility operations, commented: "Supplying battery products to global-tier automotive customers requires consistently meeting strict quality, technical and operational standards from procurement to delivery. Achieving official vendor status demonstrates the consistency and reliability of NEO's battery manufacturing processes and represents an important step in establishing long-term credibility within the global battery industry."

About Neo Battery Materials Ltd.

Neo Battery Materials is a Canadian battery technology company focused on developing and producing silicon-enhanced lithium-ion batteries in drones, unmanned aerial vehicles (UAV), robotics, unmanned systems, electronics, electric vehicles and energy storage systems for artificial intelligence data centres.

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