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Tippler and shiploader in Narvik For illustration purposes only 16
<strong>Northland</strong>’s terminal in Narvik Fagernes Terminal Export jetty with ship loader Storage facility De-icing plant LKAB Terminal Rail car unloading <strong>Northland</strong> Terminal 17
Page 1 and 2: Corporate Presentation Please see C
Page 3 and 4: Northland’s Advantages Strong fut
Page 5 and 6: Shareholders and Analysts Rank Hold
Page 7 and 8: Company History Having established
Page 9 and 10: Kaunisvaara Financing • Currently
Page 11 and 12: Project Updates Process Plant ‒ E
Page 13 and 14: Kaunisvaara Process Plant Efficient
Page 15: …and Tailoring them to Northland
Page 19 and 20: USD/ t concentrate Calculation of N
Page 21 and 22: Growing Population Drives Demand Ou
Page 23 and 24: Steel Production 1980-2030e Chinese
Page 25 and 26: Global Iron Ore Supply • Currentl
Page 27 and 28: 100% Off-take Contracted Partner Ag
Page 29 and 30: Project Benchmark Peer Group Cash C
Page 31 and 32: Kaunisvaara - Pellivuoma Deposit
Page 33 and 34: Hannukainen Iron-Copper-Gold • Ha
Page 35 and 36: Selected Financial Data USDm 9 mont
Page 37 and 38: Experienced Management Team Peter P
Page 39 and 40: Next updates: Upcoming report dates

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