FNM - LIFE Offering Document (July 2025)

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Rakesh Malhotra

CFO

Mr. Malhotra brings nearly 30 years of diverse financial experience, including serving as CFO for several TSX-listed natural resource companies. He began his career with A.F. Ferguson & Co. (a correspondent firm of KPMG) before relocating to the Middle East, where he held senior finance roles within the highly successful International Bahwan Group of Companies.

From 2001 to 2005, he served as Vice President of Finance for a Toronto-based private group of service companies. He then spent over a decade (2006–2018) as Corporate Controller and Director for the Canadian subsidiary of U.S. multinational Diebold Nixdorf, Inc.

Mr. Malhotra is both a United States Certified Public Accountant (CPA) and a Canadian Chartered Professional Accountant (CPA, CA).

Mr. Malhotra joined First Nordic Metals in 2024.

Taj Singh

CEO & Board Director

Mr. Singh is a mining executive with over 22 years of experience in corporate development, capital markets, finance, project development, engineering, and operations. Most recently he was founding President and CEO of NOA Lithium Brines Inc. (“NOA”) and during his time the company successfully went public, carried out multiple funding rounds, and had significant exploration success at its flagship Rio Grande project in Salta, Argentina. Prior to his time at NOA, Singh was founding President and CEO at Mexico-focused developer Discovery Silver Corp (“Discovery”). During his 5-year tenure with the Discovery, Singh led the growth of the company to a market capitalization of over C$500M, representing +30X growth during his time there. From the 2016 go-public to 2020 Mr. Singh also served as Director / Lead Independent Director of the Board of GT Gold Corp. which was subsequently acquired by Newmont Corporation (C$393M). Mr. Singh is a Professional Engineer (P.Eng), a Chartered Professional Accountant (CPA), a Certified Management Accountant (CMA) and holds a Bachelor of Engineering degree (Metallurgy / Minerals Processing) and a Master of Engineering degree (Metallurgy).

Mr. Singh joined First Nordic Metals in 2024.

Taj Singh is not independent in relation to the Company and its management. Taj Singh is however independent in relation to major shareholders.