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Comparables Hard-Rock Lithium Companies Company Lithium Properties 1 Revenues Sigma Lithium Resources Nasdaq: SGML 47,197 acres (Minas Gerais, Brazil) Piedmont Lithium Nasdaq: PLL Atlas Lithium Nasdaq: ATLX (1) Based on public company filings (2) As of May 3, 2023 (3) Based on OS of 9,604,809 as of April 21, 2023 ATLAS LITHIUM Market Cap 2 Production Started April, 2023 US $3.5 Billion 3,245 acres (North Carolina, U.S.) None US $1.0 Billion 58,774 acres (Minas Gerais, Brazil) 16,266 acres (Rio Grande do Norte & Paraiba, Brazil) None US $287 Million 3 Nasdaq: ATLX | 7

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