Nouveau Monde Graphite Inc.

Additional Information

Additional information regarding the Corporation, including directors’ and officers’ remuneration and indebtedness, principal holders of the Corporation’s securities and securities authorized for issuance under equity compensation plans, is contained in the Corporation’s management proxy circular for the most recent annual general and special meeting of the Corporation, which is available under the Corporation’s profile on SEDAR+ atwww.sedarplus.ca.

Additional financial information regarding the Corporation is provided in the audited annual financial statements and the management’s discussion and analysis of the Corporation for the fiscal year ended December 31, 2023, which are available under the Corporation’s profile on SEDAR+ atwww.sedarplus.ca and on EDGAR atwww.sec.gov.

Additional information regarding the Corporation is also available under the Corporation’s profile on SEDAR+ atwww.sedarplus.ca and on EDGAR atwww.sec.gov.

SCHEDULE** “A”**

CHARTER OF THE****AUDIT COMMITTEE

(see attached)

• A-1 -

AUDIT COMMITTEE CHARTER

TABLE OF CONTENTS

1. PURPOSE and role‌****1

2. COMPOSITION OF THE COMMITTEE‌****1

3. OPERATIONS OF THE COMMITTEE‌****2

4. RESOURCES AND AUTHORITY‌****3

5. DUTIES AND RESPONSIBILITIES‌****3

a. FINANCIAL REPORTING PROCESS AND FINANCIAL STATEMENTS‌ ****4

b. OVERSIGHT OF THE EXTERNAL AUDITOR‌ ****5

c. OVERSIGHT OF THE CORPORATION’S INTERNAL CONTROL SYSTEM‌ ****6

d. OVERSIGHTOF THECORPORATION’SRISK ****MANAGEMENT‌ ****7

e. ADDITIONAL RESPONSIBILITIES‌ ****7

6. Limitation on DUTIES of the committee‌****8