Environment, Safety & Governance

building a platform to provide reliable sources of green helium supply

Overview and Strategy

North American Helium manages its environmental responsibilities with the goal of minimizing any impacts on the environment and meeting and surpassing all applicable regulations. We are committed to being responsible stewards of the land. Prior to any permit or lease application, our land and operations staff conducts an exhaustive study of plant and animal habitats that could be effected by our operations. By proactively working with all stakeholders to avoid environmental disturbance, we are able to be more efficient and have a smaller environmental footprint

Sustainability

Our drilling operations use environmentally conscious materials and the majority of the site cleared for our drilling operations is returned to active farmland within a year after we complete a well. In addition, North American Helium supports local conservation groups like the Saskatchewan Prairie Conservation Action Plan (“PCAP”) and the South of the Divide Conservation Action Program (“SODCAP”).

For more information on PCAP please visit www.pcap-sk.org and for SODCAP please visit www.sodcap.com.

Committed To Safety

North American Helium is committed to the safety of its employees, contractors and communities where it operates. Safety is a fundamental component of North American Helium’s operations and culture. We provide training and work collaboratively with our employees and our contractors to make certain everyone is aware of their safety obligations and rights. We comply with all applicable health and safety regulations and requirements, and continually monitor our performance to ensure both compliance and continuous improvement. As part of our commitment, a member of our senior management team is in the field for a safety meeting at the start of every operation. Our goal is simple – no accidents.

Governance Documents

Board Of Directors

Nicholas Snyder Chairman and CEO

Mr. Snyder founded North American Helium in 2013, recognizing a need for new supplies of logistically-safe and reliable helium production not linked to hydrocarbon projects. He has significant experience investing in the resource space, previously as a Principal at Union Square Research Group and prior to that, he was President of Morris Snyder Asset Management.

William Fennebresque Director (independent)

Managing Partner at energy-focused private equity firm Stronghold Resource Partners, Mr. Fennebresque was previously Co-Founder and CEO of A2 Access, a financial technology firm that was sold to a Carlyle Group portfolio company. Prior to that, he was a partner at Hound Partners, a multi-billion long/short equity Tiger Cub hedge fund

Sarah James Director (independent)

Ms. James is currently the Chief Financial Officer and Chief Accounting Officer of Beard Energy Transition Acquisition Corp, a special purpose acquisition company. Ms. James is also currently Chief Financial Officer for Alussa Energy Acquisition Corporation (NYSE: ALUS). Prior to that she served as a private equity associate at Riverstone Holdings, and as an analyst at JPMorgan Securities, Inc., in the diversified industrials and natural resources group

Edward Keith, MBA Director (independent)

Partner in Landmark’s private equity and real asset groups where he is primarily responsible for sourcing, structuring, underwriting and negotiating private equity and real assets secondary transactions. Mr. Keith previously worked at McKinsey and Co., where he performed structured assessment and analysis of client’s business and financial strategies and with Vinson Elkins LLP, where he worked in the corporate and private equity groups.

Gideon King Director (independent)

Mr. King is a founder and Managing Member of Off Road Capital Management. He was the former CEO/CIO and Principal of Loeb King Capital Management, a multi-strategy asset management firm managing assets of up to $1.4 billion. During his time at Loeb King, Mr. King was lauded by Institutional Investor Magazine for being a responsible investor in periods of financial crisis. Mr. King has over 20 years of vast experience in leading multi-asset-class vehicles.

Robert Mitchell Director (Independent)

Mr. Mitchell has over 35 years of experience in the public securities industry and has served as a Portfolio Manager since 2002. He founded Portal Capital in 2006 and prior to that was the Chief Investment Officer for Touchstone Investment Managers, LLC and was the General Partner of the Adit Funds. Uniquely, Adit Capital Management was the first hedge fund of its kind to invest in physical uranium.

Arthur Spector, JD Director (independent)

Founder of private equity fund Safeguard International, Mr. Spector has served as CEO or Chairman of a number of public companies, including Advanced Metallurgical Group, Neoware Systems and State National Bank of Maryland. He was previously a Managing Director at TL Ventures, a major venture capital firm.

Jeff Volling, MBA Director (independent)

Senior Vice President and Investment Officer of Bessemer Private Investments, Mr. Volling is part of a team overseeing a private equity investment strategy and related portfolio of investments. Prior to joining Bessemer, he was most recently a Vice President with AEA Investors, a private equity fund based in New York City. Prior to AEA, Jeff was a private equity professional with Madison Dearborn Partners in Chicago and also worked in investment banking with Credit Suisse in New York City.

Robert C. Watson, ICD Director (independent)

President & CEO of the Information Technology Association of Canada, Mr. Watson previously served as President & CEO of Saskpower and SaskTel, both multi-billion-dollar Saskatchewan Crown Corporations. Mr. Watson currently serves as a Director of numerous corporate, educational and non-profit boards.