Champion Iron Project Overview and Cost Structure

KAMI PROJECT → STUDY HIGHLIGHTS Kami Project study evaluated the production of 9.0M wmt per year of DR grade pellet feed iron ore at above 67.5% Fe Project is estimated to require a 48-month construction period and have a life of mine of 25-years Project flowsheet to rely on proven technologies Potential to access the same rail and port infrastructure as Bloom Lake CHAMPION RON Project expected to hold an industry leading position for emission intensity per tonne of high purity iron ore concentrate produced See disclosure page for statement regarding the Kami Project Study ELI Overburden Crusher Mine Pit CHAMPION IRON ☑ TSX: CIA | ASX: CIA | OTCQX: CIAFF Garage Waste Camp Access Road and Rail Loadout Tailings Management Facility 24

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