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Investor Presentaiton

1. 2. 3. MERDEKA BATTERY MATERIALS Powering the future, sustainably. SCM Mine The SCM Mine was discovered by Rio Tinto in 2000 and is regarded as one of the world's largest nickel deposits SCM Mine Snapshot Resources¹ 1.1 billion dmt containing 13.8Mt of nickel and 1.0Mt of cobalt 9.675380 m Reserves² 188 million dmt containing 2.4Mt of nickel and 0.2Mt of cobalt Ore Type Mine Life Production³ Commercial 77% limonite / 23% saprolite Multi decade 9.67000.mN ~65Mtpa ore at full ramp-up, equivalent to 800ktpa of contain nickel 2023 Production Location ~50km southwest of IMIP 9,665,000.mN.... Concession Area 21,100 Ha Expiry September 2057 Mining Concession Mineral Resource: May 2022 JORC prepared by AMC Consultants Pty Ltd Ore Reserve: September 2022 JORC Technical Report of Ore Reserves Estimate of SCM Mine prepared by PT Aka Geosains Consulting with a data cut-off date on December 2018 and analytical data on May 2019 Based on resource grade of 1.22% nickel SCM Resource Category Area 2022 WE 5 kilometers Legend Resource Category KCMI-JORC 2022 Measured Resource Area Indicated Resource Area Inferred Resource Area IUP PT SCM tenement Image topo Lidar 2017 background 8
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