News Nano One Adds Industrial Scale Engineering Study to Automotive Project August 17, 2021 Vancouver, Canada (TSX: NANO) (OTC-Nasdaq Intl Designation: NNOMF) (Frankfurt: LBMB). Highlights: Nano One and global automotive company expand their NMC/LNMO cathode evaluation program. The expanded collaboration will evaluate economic and environmental advantages of Nano Ones process technologies for the production of nickel rich cathode materials The increased scope will include an engineering report that models cathode manufacturing at an automotive scale based on Nano Ones patented One-Pot process, coated nanocrystal, and M2CAM technologies. Nano One has engaged global engineering firm, Hatch, to lead an engineering study and provide a report to automotive company. Nano One Materials Corp. (Nano One) is a clean technology company with patented processes for the low-cost, low-environmental footprint production of high-performance cathode materials used in lithium-ion batteries. Nano One announced a cathode material evaluation program with a multinational automotive company last year and is now pleased to report that progress has led to an expansion of their joint project. The expanded program will include an engineering cost model report on the industrial scale production of nickel rich cathode materials to supply a full-scale automotive battery cell assembly plant. The additional scope will examine the economic, environmental, and engineering details of industrial production. The report will be prepared by Hatch, based on the engineering study being prepared for Nano One, and will include a Front-End Loading level 1 (FEL1) analysis on capital costs, operating costs, and a cost comparison of the Nano One process versus the conventional cathode material manufacturing process. The report will enable the companies to evaluate both the economic and environmental advantages of Nanao Ones patented One-Pot, Metal to Cathode Active Material (M2CAM) and coated nanocrystal process technologies at large industrial scale. This work runs in parallel to the ongoing performance testing and validation work on Nano Ones nickel-rich and manganese-rich cobalt free cathode materials. We are pleased to be advancing the relationship with our OEM collaborator, stated Mr. Dan Blondal, CEO