Pallinghurst Entities Exit Reporting Status in Nouveau Monde Graphite Following Dilutive Financing

On May 29, 2026, Pallinghurst Graphite International Limited and Pallinghurst Bond Limited filed Amendment No. 5 to their Schedule 13D regarding Nouveau Monde Graphite Inc. (NMG). The filing serves as a final amendment following a USD 309.5 million equity financing completed by NMG on May 15, 2026. This transaction significantly diluted the reporting persons' positions. Specifically, Pallinghurst Bond Limited's ownership fell to 3.88% (13,026,348 shares, including warrants), while Pallinghurst Graphite International Limited's interest was reduced to 1.94% (6,368,622 shares). As both entities now beneficially own less than 5% of NMG's outstanding common shares, they have ceased to be reporting persons under Section 13(d) of the Exchange Act. The filing notes that while Pallinghurst International already fell below the threshold in November 2025, it remained a reporting person for administrative convenience until this final exit event. No transactions in common shares were reported in the 60 days preceding this amendment.