Investor Presentaiton

Lithium Prices Are Surging Low-cost sedimentary extraction to take advantage Benchmark Lithium Price Index 400 Lithium Index Carbonate Index 350 Hydroxide Index 300 250 200 150 ARIZONA LITHIUM Source: Benchmark Mineral Intelligence LITHIUM CARBONATE (WEIGHTED AVERAGE) Current price $18,353 Last price $14,386 % change 27.6% LITHUM HYDROXIDE (WEIGHTED AVERAGE) Current price Last price % change $19,659 $16,583 18.5% 100 2018 Sep 2019 2020 2021 Sep SPODUMENE CONCENTRATE (6% L120) Current price IM Y-O-Y YTD TODAY LAST LITHIUM INDEX 25.3% 172.5% 159.8% 315.55 251.82 Last price CARBONATE INDEX 27.6% 201.6% 199.8% 325.02 254.77 % change $1,445 $775 86.5% HYDROXIDE INDEX 18.5% 123.5% 122.0% 298.04 251.40 Source: Benchmark Mineral Intelligence arizonalithium.com 9

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