Recent Updates — NVX

NOVONIX Limited has entered into an amended and restated supply framework agreement with PowerCo SE, the battery subsidiary of Volkswagen Group. This new agreement replaces a previous binding offtake contract that committed NOVONIX to supply 32,000 tonnes of synthetic graphite over five years starting in 2027 for PowerCo’s St. Thomas, Ontario gigafactory. Under the revised terms, the parties will negotiate volume and pricing in good faith once NOVONIX completes PowerCo's qualification process and obtains necessary industrial certifications. ISO 9001 certification has been achieved, while ISO 14001 is expected in 2027. The amendment reflects shifts in EV adoption rates, battery production plans, and the regulatory environment since the original deal was signed in November 2024. NOVONIX produces high-performance synthetic graphite anode active materials for lithium-ion batteries.

Novonix Limited announced a change to its American Depositary Share (ADS) ratio from one ADS representing four ordinary shares to one ADS representing forty ordinary shares. This adjustment functions as a one-for-ten reverse split of existing ADSs, with each ten existing ADSs exchanged for one new ADS. The change is intended to increase the per-ADS trading price and help regain compliance with Nasdaq's minimum bid price requirement following a notification on March 18, 2026, that the closing bid price had been below US$1.00 for thirty consecutive business days. The new ratio becomes effective on August 27, 2026. Novonix Limited operates in the battery materials industry, producing high-performance synthetic graphite anode materials for lithium-ion batteries used in electric vehicles and energy storage.

The Australian Securities Exchange (ASX) granted Novonix Ltd waivers regarding Listing Rules 7.1 and 10.11, as announced on July 6, 2026. Novonix is a technology company focused on the development and supply of high-performance battery materials.

NOVONIX LIMITED announced interim remuneration arrangements for its Chief Financial Officer via an ASX announcement dated July 1, 2026. The filing serves as a report of foreign private issuer regarding these executive compensation updates. NOVONIX is a technology company specializing in advanced battery materials.