Paradox Lithium Project Update

For personal use only GWh ANSON RESOURCES PHASE 2 - BROMINE PRODUCTION Paradox Project is well placed to supply bromine to the rapidly growing stationary energy storage battery market in the United States, with large resources and proximity to planned major energy storage projects on the east coast of the United States. 400 350 350 Stationary Energy Storage Forecast 300 250 200 150 100 50 43% CAGR US utility-scale energy storage projects MT ND OR MN SD WI MI WY PA NE NV Paradox Project DE CO www MD KS MO KY NC TN OK WM AR MS 0 2020 2021 2022 2023 2024 2025 2026 Rest of World US 2027 2028 2029 2030 Data compiled Aug. 22, 2022. Source: Cairn Energy Research Advisors (2021) Storage type ◆ Colocated ◆ Stand-alone Status ⚫ Operating ●Planned Capacity (MW) 1,500 -10 Excludes projects classified as pumped storage, projects with less than 10 MW in capacity and projects with no available in-service year. Excludes projects with no available geographic coordinates. Map credit: Joe Felizadio Source: S&P Global Market Intelligence Anson Resources | ASX: ASN S&P Global Market Intelligence 32

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