Investor Presentaiton

INVESTMENT HIGHLIGHTS Critical Elements Lithium Corporation Permitted, construction-ready North American source of lithium and tantalum 1 High Purity Spodumene Hard Rock Project ■ Lithium hydroxide demand is expected to dominate the lithium market 5 ■ Rose is one of the highest purity hard rock spodumene deposits with low iron and mica content, and is expected to produce battery-quality lithium hydroxide 2 3 Government & First Nations Support Rose, the Company's flagship feasibility-stage lithium spodumene project, is located in Québec - a top- tier, strategically located, and supportive mining jurisdiction ■ Good relations with Québec government, First Nations and local communities Management Team with Relevant Experience Developers/operators experienced in de-risking large-scale projects Key members include the former Rockwood Lithium CEO and CFO, which sold Rockwood to Albemarle for US$6.2 billion in January 2015 Availability for Strategic Partners ■ End users in the EV sector are actively seeking sustainable lithium hydroxide supply; Quebec's grid is low carbon, 93% hydroelectric ◉ Rose is potentially the only new source of technical grade lithium spodumene Evaluating continued interest from blue-chip strategic partners Rerating Opportunity with Project Advancement ■ Mine and spodumene concentrate plant with a robust after-tax NPV8% of $1.9B, IRR of 82.4% and payback period of 1.4 years Meaningful re-rating opportunity based on current market cap to Feasibility Study NPV Fundamental upside potential with new discoveries and large exploration mining claim landscape TSX-V:CRE 6

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