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Atlantic Lithium Investment Overview

METALLURGY DELIVERS PREMIUM PRODUCT Two clearly defined geometallurgical domains: ATLANTIC LITHIUM TONNAGE GRADE CONT. CONT. P1 Coarse grained spodumene material (>20mm) LITHIUM LITHIUM ORE TYPE Mt % Li₂O kt % P1 31.3 1.27 398 90 P2 4 1.06 42 10 Coarse Grained P1 & fine P2 pegmatites Total 35.3 1.25 440 100 P2 P2: Medium to fine grained spodumene material (<20mm) Simple gravity process flow sheet Conventional DMS processing Low contaminants; <1% Fe2O3, <3% combined Na₂O & K₂O Battery-grade Li carbonate and Li hydroxide conversion successfully completed at ANSTO Page 9

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