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Investor Presentaiton

Lithium Corporation THE ROSE PROJECT: MINE & CONCENTRATOR CriticalElements Mine and concentrator 2022 feasibility study results Financial Highlights(1) OPEX Details(2) (3) 17 Year Project Life US$379M Average Annual EBITDA US$540/ C$701 Operating Cost ($/t Li₂O Conc.) US$1.915B 82.4% After-Tax NPV, After-Tax IRR 8% 1.4 Year US$357M After-Tax Payback Period Initial CAPEX US$590 / C$766 Total Operating Cost ($/t Li₂O Conc.) (Incl. SG&A, Royalties) US$550 / C$714 Total Operating Cost ($/t Li₂O Conc.) (Net Tantalite Credit) Source: Critical Elements Lithium Corporation - NI 43-101 Technical Report on Rose Lithium-Tantalum project feasibility study dated July 26, 2022 (1) Commodity prices (FOB Port Trois-Rivieres): Technical grade spodumene 6.0% of US$4,039/t Conc.; chemical grade spodumene 5.5% of US$1,852/t conc.; tantalum concentrate 20.0% of US$130/kg contained; (2) Operating cost includes mining, processing, general & administrative, and transportation costs (3) Feasibility study assumes exchange rate of US$0.77/C$ TSX-V:CRE 12
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