Investor Presentaiton

ACCELERATING LITHIUM DEMAND 3.5 million tonnes Lithium Carbonate Equivalent (LCE) needed by 2033 EV adoption continues to gather pace DRIVEN BY EVS 3.5 BEV • Demand for battery materials 3.0 ESS is accelerating as the world 2.5 transitions to net zero. Consumer Electronics 2.0 Industrial 1.5 Other XEV Unprecedented demand from battery electric vehicles (BEVs) continues. Fastmarkets forecasts demand from BEVs to grow by 300% from 2023 to 2033 (20% CAGR). Mt LCE 1.0 10 0.5 EL LITHIUM ENERGY LTD 2022* 2021 2023 2024 2025 *Estimated. 2023-2033 data forecast 2026 2027 2028 2029 2030 2031 2032 2033 Source: Fastmarkets ASX:LEL 7

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