NextSource Materials Announces Results of 2025 Annual Meeting of Shareholders

Core Viewpoint - NextSource Materials Inc. held its Annual Meeting of Shareholders on December 30, 2025, where significant decisions regarding the election of directors and the appointment of auditors were made [1]. Group 1: Election of Directors - All nominated directors were elected with high approval rates, indicating strong shareholder support: - Sir Mick Davis: 99.6% for, 0.4% against - Hanré Rossouw: 99.5% for, 0.5% against - Christopher Kruba: 99.7% for, 0.3% against - Ian Pearce: 99.7% for, 0.3% against - Craig Scherba: 99.5% for, 0.5% against - Brett Whalen: 99.5% for, 0.5% against [2]. Group 2: Appointment of Auditor - Shareholders approved the appointment of PricewaterhouseCoopers LLP as auditors for the fiscal year ending June 30, 2026, with a voting result of 99.9% for and 0.1% against [3]. Group 3: Shareholder Participation - A total of 101,161,308 common shares, representing 54.7% of the common shares entitled to vote, were present at the meeting either in person or by proxy [3]. Group 4: Company Overview - NextSource Materials Inc. is a Toronto-based battery materials company focused on becoming a vertically integrated global supplier of battery materials through mining and processing of graphite and other minerals [4]. - The Molo graphite project in Madagascar is highlighted as one of the largest and highest-quality graphite resources globally, with production having commenced through Phase 1 operations [5]. - The company is also developing Battery Anode Facilities (BAF) for large-scale production of coated, spheronized, and purified graphite, with the first facility being developed in the UAE [6].