Terrafame Ltd publishes its full year 2020 result on 25 February 2021

Terrafame Ltd publishes its full year 2020 result on Thurday 25 February 2021 approximately at 09.00 a.m. Finnish time. The report will be available on the company’s website at www.terrafame.com after publishing.

Webcast briefing in Finnish for media representatives will be held on the same day at 01:00 p.m. Finnish time. In the briefing the result will be presented by Terrafame Ltd’s CEO Joni Lukkaroinen. The webcast can be viewed at terrafame.videosync.fi/january-december-2020. Questions can be asked by sending a message via the form found on the same page.

Further information:

Sanna Päiväniemi, Chief Communications Officer, Terrafame Ltd, phone +358 20 7130 800
(switchboard)

Terrafame’s purpose is to enhance low-carbon mobility with responsible battery chemicals. Terrafame's integrated
production process – which begins in its own mine and ends with battery chemicals on one industrial site – is a
unique and energy-efficient entity that provides customers with a transparent, traceable, and truly European
battery chemicals production chain. Terrafame will start producing battery chemicals in early 2021 and the new
production plant is one of the world's largest production lines for battery chemicals used in EV batteries. The carbon footprint of the nickel sulphate produced by the plant is more than 60% lower than the industry average.

Terrafame Ltd was founded in 2015 and its production facilities are located in Sotkamo, Finland. In 2019,
Terrafame’s net sales amounted to EUR 310 million, and the company's industrial site employed approximately
1,500 people, of which around half were employees of its partner companies. www.terrafame.com