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Investor Presentaiton

History of ioneer's ownership of Rhyolite & development schedule Timing of permitting key driver to development time line 2016 2017 Acquired initial interest in Project Maiden Resource 2018 2019 2020 2021 2022 2023 ioneer Start drilling campaign First production of Boric Acid Release of PFS Complete exploration drilling Procure water rights ■ Maiden Reserve Double Mineral Resource ☐ Discovery of heap leach Li-B extraction Completion of mining study Start Pilot Plant Reserves & Resources upgrade Complete DFS LICO produced at Pilot Plant ■ BA - Binding offtake Complete BA Sales & Distribution Production of battery grade LiOH Final Plan of Operation deemed complete by BLM Air Permit issued First Li offtake signed with EcoPro Innovation Water Control Permit issued Register of NOI US Listing on Nasdaq ■ JV with Sibanye- Stillwater ☐ DOE Loan submission accepted as complete Agree final financing decision ■ Construction ready ■ Anticipated Record of Decision (ROD) ■ Final Investment Decision Construction Note: All future dates and times are indicative and subject to change. ioneer Investor Presentation ASX: INR www.ioneer.com 29
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