Investor Presentaiton

Vanadium electrolyte manufacture AVL has completed the construction of a vanadium electrolyte manufacturing facility in Perth, Western Australia . Co-funded with Australian Government grant funding • 33MWh per annum energy storage equivalent of vanadium electrolyte production • First production completed in 2024 Samples to be tested by VFB manufacturers Demonstrates AVL's technical capabilities • Delivers product into a growing demand market and allows for an extended qualification period for our material Ensures AVL remains relevant and engaged with all downstream aspects of the vanadium and VFB markets through its 'pit to battery' strategy Corporate Presentation | March 2024 | ASX:AVL 120-TK-2 295 Australian VANADIUM LIMITED 00000 0000000 000000 00000000 000000000 0000000 flexicon Pictured: AVL's Vanadium Electrolyte Facility official opening by Australian Government Minister for Resources and Northern Australia Hon. Madeleine King MP alongside Non-Executive Director Anna Sudlow, Chair Cliff Lawrenson, CEO Graham Arvidson and Non-Executive Director Miriam Stanborough AM 21 221

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