NMG Announces Grant of Stock Options

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May 12, 2023

Nouveau Monde Graphite Inc. (“NMG“ or the “Company”) (NYSE%3A+NMG, TSX.V%3A+NOU) announces the grant of 864,500 stock options to directors, officers, and employees. These stock options are granted in accordance with the terms of the stock option plan of the Company. Each option entitles the holder thereof to purchase one common share of the Company at a price of $4.77 per common share for a period expiring on May 12, 2028.