Mr. Hugues Jacquemin reports

NORTHERN GRAPHITE ENGAGES GERMANY'S DGWA TO SUPPORT EUROPEAN INVESTOR & CORPORATE ACTIVITIES

Northern Graphite Corp., through its German-based subsidiary, Northern Graphite Battery Materials GmbH (NGCBM), has engaged DGWA -- Deutsche Gesellschaft fur Wertpapieranalyse GmbH -- on a non-exclusive basis to support investor awareness and communications activities in Europe.

DGWA's mandate will be to support the company in expanding its profile among European strategic investors, institutional funds, family offices and industry participants. It will include investor and media relations and corporate activities, with a focus on positioning the company in German-speaking markets with investors, policy players and industry stakeholders. These activities are intended to increase awareness of Northern among European retail and institutional investors, potential offtake partners, and government organizations.

"In DGWA, we have an experienced and well-connected partner by our side to significantly enhance our visibility in the European market, where the automotive sector is playing a pivotal role in building transparent, independent supply chains for critical minerals," said Northern chief executive officer Hugues Jacquemin.

"We are excited to support Northern Graphite in expanding its growth and capital markets strategy across Europe and introducing the company to potential offtake partners. Northern Graphite is not just a developer, but a proven producer capable of delivering scalable, sustainable graphite solutions outside of traditional supply monopolies," said DGWA CEO Stefan Muller.

The engagement commenced effective Sept. 1, 2026, for an initial three-month term and will subsequently continue on a month-to-month basis. NGCBM will pay DGWA a monthly cash retainer of 5,000 euros plus applicable value-added tax.

DGWA may also be entitled to success fees for transactions it directly introduces and materially assists in completing. These comprise 8 per cent of gross proceeds received from qualifying equity financings, subject to an aggregate cap of one million euros and the deduction of applicable retainer payments, and 2 per cent of funds actually received from qualifying debt financings, royalties or offtake arrangements. No securities will be issued to DGWA under the agreement.

DGWA is an arm's-length party to Northern, and, to the company's knowledge, DGWA and its principals do not currently own, directly or indirectly, any securities of the company. The engagement is subject to acceptance by the TSX Venture Exchange.

About Northern Graphite Corp.

Northern is a Canadian, TSX Venture Exchange-listed company that owns the only flake graphite mine in North America. Northern is focused on becoming a world leader in producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/EVs (electric vehicles), fuel cells and graphene, as well as advanced industrial technologies. The company's mine-to-battery strategy is spearheaded by its battery materials group, which has a fully equipped, state-of-the-art laboratory in Frankfurt.

Northern's graphite assets include the Lac des Iles mine in Quebec, where the company plans to boost output to meet growing demand from industrial customers and coming demand from North American battery makers. The company also owns the large-scale, advanced-stage Bissett Creek graphite project in Ontario and the fully permitted Okanjande graphite mine in Namibia, which is currently on care and maintenance, and represents an opportunity to substantially increase graphite production at a lower cost and with a shorter time to market than most competing projects. All projects have battery-quality graphite and are located close to infrastructure in politically stable jurisdictions.

About DGWA

DGWA ("Deutsche Gesellschaft fur Wertpapieranalyse GmbH"), is a European Corporate Advisory firm based in Frankfurt, Germany, focused on European capital markets, with particular expertise in mining and critical raw materials. The management team has a 30-year track record in trading, investing, and analysing SMEs around the world. DGWA has been involved in over 250 IPOs, financings, bond issues, dual listings, and corporate finance transactions as well as corresponding road shows and awareness campaigns.

Qualified Person

Gregory Bowes, B.Sc. MBA P.Geo, the Chairman of Northern, is a "qualified person" as defined under NI 43-101 and has reviewed and approved the content of this news release.

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