Champion Iron Project Overview and Cost Structure

CORPORATE OVERVIEW CHAMPION IRON ☑ TSX: CIA | ASX: CIA | OTCQX: CIAFF LARGEST PUBLICLY LISTED PURE-PLAY HIGH-GRADE IRON ORE PRODUCER GLOBALLY CO → 2nd largest hub of high-grade exports globally → 9.0% management ownership¹ → Cumulative investments at Bloom Lake >US$4.5B BLOOM LAKE → Committed to GHG reduction of 40% by 2030 and carbon neutrality by 2050 Source: Champion Iron Limited Note: Management ownership including board of directors as of February 7, 2024 3

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