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Investor Presentaiton

Management Team Brought New Approach to Kachi LAKE RESOURCES Recognizing the clear parallels between lithium extraction via DLE and oil & gas projects helped to shape a prudent re-evaluation and refresh of our approach to developing Kachi New CEO Recruited management, technical and operations team with significant expertise across oil and gas, lithium and other extractive industries to address "Project Reset"¹ - Brine to battery grade Li₂CO3 from Demo plant De-risked project delivery plan 50 ktpa target capacity achieved in two phases of 25 ktpa each³ - Each phase made of two trains 12.5 ktpa Sept 2022 Oct 2022 - Feb 2023 Feb 2023 - May 2023 ktpakilo tonnes per annum DFS = Definitive Feasibility Study 1. 2. 3. Refer to ASX announcement dated 12 January 2023 Refer to ASX announcement dated 19 June 2023 50 ktpa target capacity made up of Phase 1 (25 ktpa) + Phase 2 (25 ktpa) Leveraging international EPC experience to drive efficiencies in project development and production June 20232 21
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