Mr. Spencer Huh reports

NEO BATTERY ENTERS DEFENSE PARTNERSHIP WITH KOREAN ARMY'S 12TH INFANTRY DIVISION TO INTEGRATE HIGH-ENERGY BATTERIES INTO FRONTLINE MILITARY OPERATIONS

Neo Battery Materials Ltd. has entered into a formal defence co-operation agreement with the Republic of Korea (ROK) Army's 12th Infantry Division -- an active front-line division utilizing drone and robotics systems within Korea's border and demilitarized zone (DMZ).

• Direct unit-level defence partnership with the Republic of Korea Army's 12th Infantry Division -- an active front-line division protecting Korea's DMZ.
• Technical implementation and advisory of high performance battery solutions tailored to operational demand of front-line drone and robotics platforms, targeting system improvements at unit-level.
• Field-validated performance data to be procured for product optimization and evidence for formal defence acquisition engagements.

Under the agreement, Neo and the 12th Infantry Division will partner on (i) the exchange of technical intelligence on high-energy battery technologies for defence drone and robotics platforms, (ii) technical implementation and advisory of battery and energy-related solutions for the specific operational demands from front-line and DMZ environments, and (iii) initiatives to enhance drone and robotics system efficacy at the brigade, battalion and regiment level. This unit-level engagement will generate field-validated performance data under live conditions, directly supporting the company's strategy for formal military procurement consideration within the ROK Army and Ministry of National Defense.

With a strength of over 10,000 personnel, the 12th Infantry Division operates tank, air defence, reconnaissance and engineering battalions, including the use of drone and robotics systems to protect, patrol, and bolster Korea's strategically sensitive border zones. Extended system endurance, robust cold-weather performance and fast-charging capabilities are direct operational necessities, and Neo intends to custom engineer drone and robotics battery products to address these requirements.

Major General Woo-je Cho, Commander of the 12th Infantry Division, remarked that: "South Korea's defense technology modernization is dependent on the integration and performance of autonomous systems in demanding front-line and DMZ environments. Collaborating with Neo Battery will provide our division, brigades, regiments and battalions access to high performance, Korean-sourced battery innovations that align with the ROK Army's commitment to strengthening uncrewed defence capabilities."

General (Ret.) C.J. Ko, director of Neo and former acting chief of staff of the ROK Army, commented: "This defence partnership with an active front-line division is expected to reduce our go-to-market timelines from initial deployment to full military procurement. In unit-level field use, Neo's battery solutions will undergo live stress testing, and the company will gain access to unique data sets to further optimize products iteratively. With institutional relationships through the association of the ROK Army, this direct engagement is intended to produce a body of operational evidence that will inform the company's procurement discussions with the ROK Army and defence organizations across U.S. and allied governments."

About the ROK Army's 12th Infantry Division

The ROK Army's 12th Infantry Division, commonly known as the Eulji division, was established in 1952 along with the 15th Infantry Division. Stationed along Korea's eastern front line in Inje, Gangwon province, the division has maintained a defence posture along the DMZ since the Korean War, serving as the ROK Army's primary deterrent force against potential incursions from the north. Today, the division deploys conventional ground forces, with the gradual implementation of autonomous systems and drone/robotics capabilities, as part of the ROK Army's national efforts to modernize defence and defence technology operations.

About Neo Battery Materials Ltd.

Neo Battery Materials is a Canadian-South Korean battery technology company focused on developing and producing silicon-enhanced lithium-ion batteries in drones, robotics, physical AI (artificial intelligence), electric vehicles and energy storage systems. With a patent-protected, low-cost silicon manufacturing process, Neo Battery enables longer-running and ultrafast charging properties and provides end-to-end battery solutions from materials selection, cell architecture and process optimization. The company aims to be a globally leading producer of high performance lithium-ion batteries and materials, building a secure, robust battery supply chain for Western manufacturers.

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