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Letter From the Board Chairman

From Claire Kennedy

On behalf of Neo’s Board of Directors, we are proud to present the company’s inaugural Sustainability Report to our shareholders, customers, supply chain partners and other stakeholders.

Neo’s commitment to corporate governance, health, environment, safety and sustainability is long standing. These narratives do not often make it to the forefront of annual financial reports or as the lead of our quarterly earnings calls, but they are vital to the long-term success of the Company.

2021 was a year for Neo that any Board Chair would be proud to have overseen. Our management team continued to execute its plans for growth, which included product innovations to help advance sustainable developments goals globally. Amidst thebackdrop of the lingering global pandemic and related supply chain challenges across nearly every industry, Neo’s proven and nimble business model was able to successfully meet our customers’ needs.

The demands of Neo’s sophisticated customer base extend beyond stellar customer service, relentless innovation and consistent product quality to include accountability for meeting the rigor of leading Corporate Social Responsibility standards. The information contained in this report illustrates Neo’s commitment to meeting this challenge, and there is more to come.

Claire Kennedy

The demands of Neo’s sophisticated customer base extend beyond stellar customer service, relentless innovation and consistent product quality to include accountability for meeting the rigor of leading Corporate Social Responsibility standards.

Claire Kennedy

Neo’s core businesses supply materials that are critical to the world’s transition to greener and smarter technologies, which benefit the environment and enhance human welfare. It is therefore fitting that Neo is advancing ESG practices in the rare earths and rare metals industries. The Board of Directors endorses management’s commitment to transparent reporting of Neo’s progress towards sustainability goals. We thank management for the effort reflected in this inaugural Sustainability Report and look forward to continued progress.