Investor Presentaiton

Lithium Demand Lithium Demand for LIB 43% 2023 (MWh) 0% 0% 5% 7% 45% 786,638 LCE tonnes Volumes represent adjusted demand Source: Benchmark Mineral Intelligence - Lithium Forecast Report - Q1 2023 p44 44% 2025 (MWh) 2030 (MWh) 3% 2% 4% 5% 39% 46% 1% 0% 53% 2% 0% LCO NCA NCM LMO LMNO LFP Other 1,265,591 LCE tonnes 2,607,190 LCE tonnes Benchmark also estimates a need for approximately ~12,000,000 LCE tonnes by 2050 23 23

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