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Investor Presentaiton

Li-ion battery value chain Maturing an exciting opportunity Developing the first and most sustainable lithium conversion facility in Europe Partnership with Northvolt Advancing on FEED to FID by YE2024 Use proven conversion process Adopt highest environmental standards Drive positive environmental & social impact ... supporting EU batteries value chain development and global demand increase for lithium: 6x to 35 ktpa up to Lithium hydroxide production capacity €700m Gross estimated capex (at 100%) 2026 Planned start of commercial operations >700 k EV batteries annual production equivalent 2015 26 Investor Presentation 2020 2025 2030 galp
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