34 Shar eholder INFORMATION No rt h Am erican Pa l l a d iu ms v isio n is t o beco m e a l o w c o st m id t ier precio us m et a l s c o m pa ny op era t ing in m ining friend l y jurisd ic t io ns NAP is a n est a bl ished precio us m et a l s pro d uc er t ha t ha s been o per a t ing it s La c d es I l e s m ine LD I l o c a t ed in Ont a rio C a na d a sinc e 1 9 9 3 LD I is o ne o f o nl y t w o prim a ry pro d uc ers o f pa l l a d iu m in t he w o rl d a nd is c urrent l y c o m pl et ing a m a jo r expa nsio n t o inc rea se pro d uc t io n a nd red uc e c a sh c o st s per o unc e Roy al Bank P laza South Tow er 2 0 0 B a y St Su it e 2 3 5 0 T o ro nt o ON M 5 J 2 J2 N Y SE M KT PAL TSX P DL P DL DB P DL DB A w w w nap c om Invest or Rela tion s C or p or a te C ommu ni ca tion s IR n a p c o m 416 360 7374 Corpo rat e Of fi c e Secur i t y Symb o l s W ebsi t e I n ves t or Rel at i o n s