Company Presentation And Strategy 5N21. Updated end July of 2017

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1 Company Presentation And Strategy 5N21 Updated end July of 2017

2 Forward-looking statement This presentation may contain forward-looking information within the meaning of applicable securities laws. All information and statements other than statements of historical facts contained in this presentation are forward-looking information. Such statements and information may be identified by words such as about, approximately, may, believes, expects, will, intends, should, plans, predicts, potential, projects, anticipates, estimates, continues or similar words or the negative thereof or other comparable terminology. Forward-looking statements are based on the best estimates available to 5N Plus at this time and involve known and unknown risks, uncertainties and other factors that may cause 5N Plus actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. A description of the risks affecting 5N Plus business and activities appears under the heading Risk and Uncertainties of 5N Plus 2016 MD&A dated February 21, 2017 and notes 11 and 12 of the unaudited condensed interim consolidated financial statements for the three-month periods ended March 31, 2017 and 2016 available on SEDAR at No assurance can be given that any events anticipated by the forward-looking information in this presentation will transpire or occur, or if any of them do so, what benefits that 5N Plus will derive therefrom. In particular, no assurance can be given as to the future financial performance of 5N Plus. The forwardlooking information contained in this presentation is made as of the date hereof and 5N Plus undertakes no obligation to publicly update such forward-looking information to reflect new information, subsequent or otherwise, unless required by applicable securities laws. The reader is warned against placing undue reliance on these forward-looking statements.

3 Who are we and what industries we enable? PHARMACEUTICAL INDUSTRY, COSMETICS, NUTRITION ALLOYS, 3D PRINTING, POWER GENERATION, GLASS INDUSTRY TOUCH SCREENS, MEDICAL IMAGING, 5G PAINTS & PIGMENTS, ANTI-CORROSION, INDUSTRIAL SALTS 5N Plus is a leading producer of specialty metals, chemicals and engineered materials. The Company manufactures critical precursors and key enablers used in a number of industries. SOLAR POWER, THERMOELECTRIC COOLING, WASTE HEAT RECOVERY REFINING, RECYCLING DEFENCE, INTERNET OF THINGS, SATELLITE SOLAR ARRAYS, RADIATION DETECTION & IMAGERY

4 Mission Statement As a leading global material technology company, our mission, each and everyday, is to earn and retain the privilege to be essential to our customers, preferred by our employees and trusted among our shareholders in a quest to enable innovation and technology deployment based on natural resources for the betterment of the human race.

5 ARJANG (AJ) ROSHAN CEO RICHARD PERRON CFO EVELYNE BUNDOCK VP HUMAN RESOURCES PAUL TANCELL EVP ECO-FRIENDLY MATERIALS NICHOLAS AUDET EVP ELECTRONIC MATERIALS PASCAL COURSOL VP, PRIMARY SECONDARY REFINING AND RECYCLING CORPORATE R&D

6 Global Footprint Lübeck, Germany Trumbull, USA Eisenhüttenstadt, Germany South Korea St-George, USA HEAD OFFICE Montreal, Canada Tilly, Belgium Shangyu, China Zhuhai, China Kulim, Malaysia Vientiane, Laos Offices Integrated sites

7 Aim of 5N21 Strategic Plan 2016 A transitional year Quality Earnings Growth With support from the Board of Directors, Management launched a strategic review and by September of 2016 delivered a new plan called 5N21 based on the following premises: Reduced Earnings Volatility Diversified Earnings

8 Deliverables of 5N21 Selectivity and focus will be tenet of our approach Extract more value from global assets, capabilities and core businesses. Extract value from upstream and largest component of cost: metal. Deliver quality growth from existing growth initiatives and from the future M&A months months Post 30 months

9 UPSTREAM: Maximum Benefit: High Metal Prices Utilize technology to extract critical metals from complex streams at attractive terms UPSTREAM PROFIT POOL New area of development for 5N Plus 5N21 Business model DOWNSTREAM PROFIT POOL DOWNSTREAM: Maximum Benefit: Low Metal Prices Manufacturing and sale of industrial product and material technology with high degree of valueadded activity and transformation.

10 Downstream opportunities KEY TAKEAWAYS: 5N Plus is a leader in virtually all segments served MARKET GROWTH PROSPECT CURRENT CAPITAL REQUIREMENTS 5N S POSITION Pharma, Health and Nutrition High High Market Leader 5N Plus will harvest current asset base, requiring less CAPEX in the future Electronics and Electro-Optics Average Low Top 3 Industrial Chemicals Average Low Top 3 Coating and Pigments Average Low Top 3 Customers of 5N Plus are among industry leaders Alternative Energy High Low Market Leader Aerospace, Security and Defence High Low Top 3

11 5N21 Milestones Adjusted EBITDA grows to $21 - $27M* Earnings volatility reduce by 50% v ROCE improves to 12% ROCE improves to 15%* and Adjusted EBITDA grows to $40-$60M * Assumption: Metal price as of July 2016 ᵛ Base of Comparison: 2014 Assumption: Metal price as of July 2016 with no more than 30% decline

12 Progress Report of 5N Extract more value from global assets, capabilities and core businesses. 100% Extract value from upstream and largest component of cost: metal. 100% Deliver quality growth from existing growth initiatives and from the future M&A. 100% 75% 75% 75% 50% 50% 50% 25% 25% 25% 0% 0% Progress Meter as of July %

13 Progress Report of 5N21 5N21 Plan is significantly reducing volatility of earnings Simulation of % EBITDA change when metal prices change by ±30% in 5N21 100% 50% EBITDA Amplitude 0% of volatility in 2014 EBITDA Amplitude of volatility as of July % -100% Metal price + 30% Current Trend + 30% Current Trend -30% Metal price - 30% * Assumption: Metal price as of July 2016