Half Year Accounts and Appendix 4D

• Panasonic C-sample delivered and meets specifications
• Mass production expected to begin in the second half of 2027
• Institutional Placement and SPP launched, raising A$20.7 million
• U.S. Government support for domestic graphite production
• Loss for the half-year of $24.6 million

Novonix Ltd reported key highlights for the half-year ended June 30, 2026. The company delivered a C-sample of synthetic graphite Anode Active Material (AAM) to Panasonic Energy, with internal testing indicating it meets Panasonic's specifications. Mass production for Panasonic is expected to begin in the second half of 2027, subject to successful completion of the qualification process by Panasonic and its customers. Novonix raised A$20.7 million with institutional investors and A$0.96 million with existing shareholders. The U.S. Government continues to support domestic graphite production, with Novonix's Riverside project certified for a $103 million tax credit. The company reported a loss of $24.6 million for the half-year, with cash and cash equivalents at $59.5 million as of June 30, 2026.

Half-year loss of $24.6 million, cash and cash equivalents at $59.5 million

Panasonic mass production expected in the second half of 2027, supported by U.S. Government policies and incentives.