• Talga executes binding offtake agreement with Nyobolt for supply of Talnode®-C graphite anode
• Nyobolt has validated Talnode®-C as a feedstock for its fast-charging battery technology
• Initial supply from Talga's EVA demonstration plant, with balance from planned commercial Anode Refinery

Talga Group Ltd ('Talga' or 'the Company') has executed a binding offtake agreement with Nyobolt, a pioneer of high-power, ultra-fast battery charging technologies, for a multi-year supply of Talnode®-C graphite anode from the Company's wholly owned Vittangi Anode Project in Sweden. Nyobolt has validated Talnode®-C as a feedstock for its proprietary fast-charging battery technology, and the offtake agreement follows Talga's Vittangi Anode Project being designated as a Strategic Project under the European Commission's Critical Raw Materials Act and the EU Net-Zero Industry Act. Under the offtake agreement, Nyobolt commits to purchasing ~3,000 tonnes total of Talnode®-C at a fixed price for an initial term of four years commencing from 13 May 2025. Initial supply will be from Talga's Electric Vehicle Anode (EVA) demonstration plant in Luleå, with the balance to be from the commercial Anode Refinery in Luleå, planned for construction to commence in 2026 subject to FID. Talga is also engaged with other targeted high-value customers to secure purchase commitments for remaining Talnode®-C production capacity.

Talga's partnership with Nyobolt represents a strategic pillar in Nyobolt's globally diversified sourcing approach to enhance operational efficiency and mitigate supply chain risk as it scales its game-changing battery technology. Nyobolt is evolving rapidly as more customers seek high performance and maximum uptime for a growing range of power-intensive applications.