Investor Presentaiton

Gabanintha North Ore Reserve (original TMT Reserve) Australian VANADIUM LIMITED Gabanintha Ore Reserve at August 2022 Reserve Category Proven Probable Total Tonnes (Mt) V₂O5 (%) Rec. V₂O5 (M lb) 1.1 0.95 18.1 27.5 0.89 369.4 28.6 0.91 Note: Quantities have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding Gabanintha Mineral Resource of Base Metals as at 26th March 2019 Classification Inferred 387.5 Tonnage (Mt) Co (ppm) Ni (ppm) Cu (ppm) 15.7 230 830 200 Source: TMT ASX Announcement dated 5 August 2022 'MTMP Mine Life Increased to 25 Years - Maiden Ilmenite Reserve and Production Profile' Corporate Presentation | March 2024 | ASX:AVL 34

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