NEO Battery Materials Ltd. — Proxy Solicitation & Information Statement 2025

Apr 23, 2025

NEO BATTERY MATERIALS LTD.

Notice of Availability of Proxy Materials for NEO BATTERY MATERIALS LIMITED Annual and Special Meeting

Meeting Date and Time: June 4, 2025 at 11:00 AM ET

Location: 77 King Street West, Suite 700, Toronto, Ontario, M5K 1G8

Please be advised that the proxy materials for the above noted securityholder meeting are available for viewing and downloading online. This document provides an overview of these materials, but you are reminded to access and review the information circular and other proxy materials available online prior to voting. These materials are available at:

https://neobatterymaterials.com/annual-general-meeting/

OR

www.sedarplus.ca

Obtaining Paper Copies of the Proxy Materials

Securityholders may request to receive paper copies of the proxy materials related to the above referenced meeting by mail at no cost. Requests for paper copies must be received by 11:00 AM ET on June 2, 2025, in order to receive the paper copy in advance of the meeting. Shareholders may request to receive a paper copy of the Materials for up to one year from the date the Materials were filed on www.sedar.com.

For more information regarding notice-and-access or to obtain a paper copy of the Materials you may contact our transfer agent, Odyssey Trust Company, via https://odysseytrust.com/ca-en/help/ or by phone at 1-888-290-1175 (toll-free within North America) or 1-587-885-0960 (direct from outside North America).

Notice of Meeting

The resolutions to be voted on at the meeting, described in detail in the Management Information Circular, are as follows:

1. Number of Directors – To Set the Number of Directors to be Elected at the Meeting at Five (5)
2. Election of Directors – To Elect the Directors of the Company to Serve from the Close of the Meeting until the Close of the Next Annual General Meeting of Shareholders of the Company
3. Appointment of Auditors – To Appoint MNP LLP, Chartered Professional Accountants, as the Company's Auditor and to Authorize the Directors of the Company to Fix their Remuneration
4. Approval of New Omnibus Equity Incentive Plan – To Approve the Company's New Omnibus Equity Incentive Plan as Further Described in the Company's Information Circular Dated April 22, 2025

Voting

To vote your securities, please refer to the instructions on the enclosed Proxy or Voting Instruction Form. Your Proxy or Voting Instruction Form must be received by 11:00 AM ET on June 2, 2025.

---

Stratification

The Issuer is providing paper copies of its Management Information Circular only to those registered shareholders and beneficial shareholders that have previously requested to receive paper materials.

Annual Financial Statements

The Issuer is providing paper copies or emailing electronic copies of its annual financial statements to registered shareholders and beneficial shareholders that have opted to receive annual financial statements and have indicated a preference for either delivery method.