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Argentina Overview The security of future lithium supply is virtually impossible without Argentina Forecast Lithium Mine Supply (tonnes LCE) 1 % of Global Supply 52,778 +23% +550% 422,903 343,253 Argentina 5% 12% 14% 1 Fastmarkets Lithium Long Term Forecast Q4 2023. 225,000 +54% 345,418 0% 345,418 Chile 23% 12% 11% 2023 2030 2033 LAKE RESOURCES Argentina's lithium supply expected to overtake Chile's by 2031 mostly due to favorable mining regime in Argentina over Chile Chile's output expected to stagnate after 2030 Kachi is one of the projects expected to come online within this time-frame 18

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