Investor Presentaiton

INCREASED BATTERY DEMAND NEEDS SUPPLY • How Many Mines do we Need? No. 2022 Supply vs 2035 Demand Average Mine / Plant Size Mines / Plants Needed 3,322,000 t needed Lithium 4,000,000 t 45,000 t 74 new lithium mines required by 2035 to support global demand 678,000 t Average size 45,000 tonnes LCE Cobalt 312,000 t needed > 5,000 t 177,000 t 489,000 t 500% increase in battery demand by 2035, 3,040,000 t needed 6,200,000 t Nickel 3,160,000 t 42,000 t forecast by Benchmark. Solaroz is ideally positioned to feed into 6,100,000 t needed forecast LCE supply deficit. 7,210,000 t Natural Graphite > 56,000 t 1,110,000 t Supply into US and EU from Argentina supported by policy frameworks and trade agreements. EL LITHIUM Source: Benchmark Mineral Intelligence ENERGY LTD 3,100,000 t needed Synthetic Graphite 5,200,000 t 2,100,000 t 57,000 t bbbbbbb bbbbbbbb bbbbbbb bbbbbbb bbbbbb bbbbbb ASX:LEL 6

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