NEO Battery Materials Ltd. announced that the Korean Intellectual Property Office ("KIPO") has issued a core patent of NEO's silicon (Si) anode material technology following the Notice of Allowance announcement made on November 18, 2021. NEO will further submit this patent to the U.S. Patent and Trademark Office and the World Intellectual Property Organization to bolster and protect the proprietary manufacturing nanotechnology the Company possesses. With the issuance of this patent, NEO currently retains 3 issued patents and 2 which are pending issuance.