Investor Presentaiton

Investment thesis Australian VANADIUM LIMITED V 23 Australian Vanadium Project Advanced project, 25+ year mine life with OFS to drive enhanced project economics Growing vanadium fundamentals VFB demand growth accelerating to support increasing renewable energy generation Advancing funding strategies Project proposed to be funded by debt, grants, equity and offtake, with discussions well progressed Long-term optionality Vanadium electrolyte manufacturing capacity and VSUN Energy battery capabilities to leverage and support VFB market growth Corporate Presentation | March 2024 | ASX:AVL 24

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