Company Overview - Graphite One Inc. is focused on developing a U.S.-based advanced graphite supply chain solution, anchored by the Graphite Creek deposit, which is recognized as the largest graphite deposit in the U.S. and among the largest globally [5] - The company aims to become an American producer of high-grade anode materials integrated with a domestic graphite resource, primarily for the lithium-ion electric vehicle battery and energy storage markets [6] Incentive Awards - The board of directors has approved long-term incentive awards for 2025, consisting of 410,000 stock options, 3,024,730 restricted share units (RSUs), and 2,441,716 performance share units (PSUs) [1] - The stock options have an exercise price of $0.81 per share, which is the closing price on August 22, 2025, and will vest in a staggered manner over three years [2] - RSUs and PSUs will convert into common shares upon vesting, with specific vesting schedules for management and directors [3] Current Share Structure - Following the grant of options, RSUs, and PSUs, the company has a total of 161,547,753 common shares issued and outstanding, along with 12,185,738 options, 8,059,260 RSUs, and 5,642,152 PSUs issued under the Omnibus Plan [4]