NEO Battery Materials Partners with Korea Institute for Defense Industry to Advance Defense Drone Battery Deployment

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• Partnering with Korea Institute for Defense Industry – a Ministry of National Defense-Approved Organization Dedicated to Advancing South Korea's Defense Sector
• Accelerate NEO's Direct Engagement with Korea's Defense & Military Ecosystem
• Advance Battery Technology Deployment in Commercial Drone/UAS via Joint Task Force (JTF)
• Strong Inroads Forged with Korean Military, Government & Defense Stakeholders

NEO Battery Materials Ltd. ("NEO" or the "Company") (TSXV: NBM) (OTC: NBMFF), a low-cost, silicon-enhanced battery developer that enables longer-running, rapid-charging batteries for drones, robotics, and electronics, is pleased to enter into a Memorandum of Understanding (MOU) with the Korea Institute for Defense Industry ("KOIDI"), a Ministry of National Defense-approved organization dedicated to advancing South Korea's defense sector and capabilities.

The MOU establishes formal partnership to accelerate NEO's engagement with South Korea's defense industry ecosystem, including entities in industry, military, academia, research institutions, and the government. This collaboration is another milestone toward NEO's silicon-enhanced batteries being used in defense and unmanned system (UAS) technologies for the Korean military and industry.

To launch cooperation, NEO and KOIDI will create a Joint Task Force (JTF) focused on defense drone and UAS applications. The JTF will coordinate activities for  military and government intelligence collection, including technical evaluation of NEO's battery technologies to advance deployment in live, commercial drones and UAS.

"Our partnership with KOIDI will lead to an expedited entry point into South Korea's defense industry stakeholders," commented Mr. Spencer Huh, President & CEO of NEO. "Along with our Strategic Defense Advisors, the Company has forged strong inroads into Korea's military, government, and defense sector. By understanding requirements for advanced battery technologies, the NEO-KOIDI Joint Task Force will align our battery development efforts with real-world operational needs in defense drones and UAS."

Both parties will cooperate on defense R&D, technical education, and government-industry initiatives. This framework positions NEO to engage directly with a nationally recognized defense industry organization and gain visibility into performance needs relevant to South Korean defense and security programs.