Investor Presentaiton

Yarrabubba Ore Reserve (original TMT Reserve) Australian VANADIUM LIMITED Yarrabubba Ore Reserve at August 2022 Category Tonnes (Mt) V205 (%) TiO2 (%) Rec. V₂O5 (M lb) Rec. TiO2 (kt) Proven Probable Total 15.88 15.88 0.87 10.0 0.87 10.0 202.7 1,132.6 202.7 1,132.6 Note: Quantities have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding Source: TMT ASX Announcement dated 5 August 2022 'MTMP Mine Life Increased to 25 Years - Maiden Ilmenite Reserve and Production Profile' Corporate Presentation | March 2024 | ASX:AVL 38

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