Investor Presentaiton

BANDEIRA PEA HIGHLIGHTS Small footprint underground mine producing high-quality, low-cost lithium concentrate 217,700tpa LOM ANNUAL PRODUCTION 5.5% Li₂O ("SC5.5") equivalent ANNUAL 1.3Mtpa THROUGHPUT 20-YEAR MINE LIFE $345/t OPEX 1st quartile in the global lithium industry $233M CAPEX Including 25% contingency MATZES See PEA results press release dated October 19, 2023. The PEA is based on the Bandeira mineral resource estimate announced on Oct. 19, 2023 PROJECT ECONOMICS $1,859/t Spodumene Concentrate, 5.5% $1.6B POST-TAX NPV 121% POST-TAX IRR 14-month PAYBACK $243 million Pre-Tax Free Cash Flow 12

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