Nordic Mining : Presentation Q1 2022

Disclaimer

This document has been used by Nordic Mining during an oral presentation. Therefore, this document is incomplete without the oral explanations, comments and supporting instruments that were submitted during the referred presentation. To the extent permitted by law, no representation or warranty is given, express or implied, as to the accuracy of the information contained in this document.

Some of the statements made in this document contain forward-looking statements. To the extent permitted by law, no representation or warranty is given, and nothing in this document or any other information made available during the oral presentation should be relied upon as a promise or representation as to the future condition of Nordic Mining's

business.

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Agenda

1. Introduction

• 2. Engebø Rutile and Garnet

• 3. Keliber - Lithium

• 4. Financial update

• 5. Q &A

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Sustainable production of high-end industrial minerals and metals

Rutile (Titanium dioxide)

• • Environmentally friendly pigment

• • Air cleaning surface materials

• • Aircrafts and aerospace

• • Health applications

Garnet

• • Health and environmentally friendly cutting and blasting material

Lithium

• • Batteries for electric vehicles and renewable energy storage

R & D projects opens new avenues for the mineral industry

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Q1 2022 Highlights and YTD 2022

• ➢ Operational license for Engebø finally granted

• ➢ Permits for groundworks at Engebø resolved by Sunnfjord municipality

• ➢ Landowner properties acquired for process area at Engebø

• ➢ Early construction work commenced at Engebø

• ➢ Keliber's DFS update - project post-tax NPV of EUR 1.2 billion

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