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Binding Agreement Reached with Sprott Streaming to Restructure Senior Secured Debt, Stream and Royalty Financing Arrangements Lac des Iles mine restart delayed due to financial constraints, market conditions and mining lease issue LDI plant maintenance and upgrade well advanced in preparation for mine restart and production increase Mill Relocation to Okanjande Mine Site Completed Ottawa, Ontario--(Newsfile Corp. - September 1, 2026) - Northern Graphite Corporatio (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the "Company" or "Northern") is pleased to provide an operating summary and financial highlights for the three month period ending June 30, 2026. The Company's Financial Statements and Management's Discussion and Analysis for the period have been filed on SEDAR+ and posted to the Company website.

China battery related flake graphite spot prices were generally flat for the past month. Graphite market news - Depressed China graphite prices are due to oversupply. The global graphite market to grow from $14.6B in 2025 to $22.1B by 2030, CAGR of 8.7%. Graphite company news - NextSource Materials Updated FS results for Molo Mine expansion to 150k tpa, Pre-tax NPV8% of US$402.5M. EcoGraf German offtake partner to double volumes to 40,000 tpa.

Q3 restart delayed due to mining lease issue, financial constraints and current market conditions Authorization received from MELCCFP to begin mining activities associated with pit expansion Notice of mining lease suspension received from MRNF relating to an outstanding site restoration financial guarantee issue Company intends to contest the MRNF's decision before the Quebec Court Suspension of mining lease will be stayed pending a final decision by the Quebec Court Ottawa, Ontario--(Newsfile Corp. - August 19, 2026) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the "Company" or "Northern ") announces that, while it has received authorization to begin mining activities associated with a planned pit expansion at its cornerstone Lac des Iles ("LDI") mine in Quebec, the timing of the restart has been affected by issues relating to its mining lease, financial constraints and current market conditions. Mining Lease On August 10, 2026, Northern received a notice from the Ministère des Ressources naturelles et des Forêts ("MRNF") advising of the suspension of the LDI mining lease in connection with an outstanding payment related to an increase in the amount of the financial guarantee sought by the MRNF from the Company for the restoration of the site upon completion of its mining activities.

Independent third-party evaluation will generate performance data to support qualification with Japanese and global battery manufacturers Ottawa, Ontario--(Newsfile Corp. - August 17, 2026) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) (the "Company" or "Northern") is pleased to announce that it has been selected by Natural Resources Canada ("NRCan") to participate in a strategic Canada-Japan battery materials evaluation program through the Lithium-ion Battery Technology and Evaluation Center ("LIBTEC"), an independent, internationally recognized, third-party battery evaluation organization. The initiative, which includes funding support of CAD 155,800, will enable Northern to advance the evaluation and customer qualification of its battery anode materials ("BAM") under LIBTEC's standardized, customer-relevant testing protocols and forms part of broader cooperation between Canada and Japan to strengthen secure, resilient and sustainable critical minerals and battery supply chains outside of China.