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Investor Presentaiton

WHY LITHIUM? 3 Li Lithium 6.94 The lightest metal and a key component in rechargeable batteries. Lithium is crucial to the energy storage sector and to the global energy transition. Growing Supply-Demand Gap 6,000,000 EV VOLUMES EVs Fueling Lithium Demand GLOBAL BEV & PHEV SALES ('000s) Battery Electric Vehicles Plug-In Hybrids 13,0% -EV Market Share 4,500,000 10522 We are 8,3% here 3,000,000 6768 4,2%- 1,500,000 2,5% 2,2% 3244 73% (t LCE) 1,3% 0,2% 0,4% 0,9% 0,6% 2276 2082 71% 1262 791 543 206 320 70% 75% 75% 67% 2014 2017 2018 2019 2020 2021 2022 +43% +109% +55% 2013 2015 2016 Growth +55% +70% +46% +59% +65% +9% 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 2033 Total Demand Secondary supply Possible additonal tonnes Sources: Benchmark Minerals Intelligence; https://www.ev-volumes.com/ https://insights.fastmarkets.com/why-there-is-still-time-to-avoid-a-lithium-supply-crunch-final/ https://www.kitco.com/news/2021-11-26/Global-lithium-demand-to-more-than-double-between-2020-and-2023-while-supply-may-fall-short-report.html https://www.gminsights.com/industry-analysis/lithium-ion-battery-market#:~:text-Industry%20Statistics, (Li%2Dion)%20batteries Unplanned New Supply 2040 Probable additonal tonnes Highly Probable additonal tonnes Operational supply Li-Ion Global Market Size The global market size of Li-Ion batteries crossed USD $52.5 billion in 2022... 2022: $52.5Bn ...and is expected to record over 16.5% gains annually through 2032... >16.5% CAGR ...for a global market size of USD $254.5 billion by 2032. 2032: $254.5Bn 8 30
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