Paradox Lithium Project Update

For personal use only US OFFTAKE STRATEGY Preliminary discussions and interest from Tier 1 US-based automakers and cell makers Offtake discussions to accelerate with the benefit of the recently completed JORC Resource upgrade and release of the Definitive Feasibility Study. Paradox's significant lithium carbonate production capability to generate strong interest from domestic offtake partners ↑ TESLA Panasonic Paradox Lithium Project ANSON RESOURCES Ford SK innovation STELLANTIS SAMSUNG SAMSUNG SDI • . INFLATION REDUCTION ACT (IRA) IRA provides buyers with $3,750 credit towards EVs with batteries containing critical minerals extracted in the US. A further $3,750 credit is provided for EVs with batteries manufactured in the US. INCREASING ATTRACTIVENESS OF ANSON'S BATTERY-GRADE LITHIUM CARBONATE TO US CARMAKERS AND BATTERY MANUFACTURERS. KOREPOWER GM LG Energy Solution TOYOTA Chart showing select EV and EV battery manufacturers with facilities in the US (Illustrative only). 1 - Inflation Reduction Act (IRA), Inflation Reduction Act seeks to jumpstart electric vehicle market Anson Resources | ASX: ASN 29

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