2025 Annual Report & Appendix 4E

• Novonix reports revenue of $5.6 million, down 4% from prior year
• Net loss of $92.7 million, down 24% from prior year
• Net tangible assets per security of $0.18, down from $0.22 in prior year

Novonix Limited, a leading battery materials and technology company, has released its 2025 Annual Report and Appendix 4E. The company reported revenue of $5.6 million, down 4% from the prior year, and a net loss of $92.7 million, down 24% from the prior year. Net tangible assets per security stood at $0.18, down from $0.22 in the prior year. Novonix is committed to reducing supply chain risk, supporting U.S. energy independence, and establishing a resilient battery materials supply chain. The company is building a North American platform for critical battery materials, anchored by its Chattanooga, Tennessee headquarters and anode materials operations, and expanding through its patented all-dry, precursor-free cathode synthesis technology, and supported by industry-leading battery cell testing and R&D services. These capabilities position Novonix as an integrated supplier of advanced battery materials and technologies powering the energy storage and electrification economy.