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Investor Presentaiton

10.0 9.0 Top ASX listed clean energy metals business Acquisition consolidates IGO's position as a leading diversified clean energy metals company Unique investment proposition igo 8.0 7.0 7.0 Enterprise Value (A$B) 30 3.0 4.0 5.0 00 6.0 Li Li Mining Ni Services Ni Ni 2.0 Cu 30 Fe Cu 30 Cu 1.0 Au OZ Minerals¹ Li Co Cu Li Co Li Li Ni Cu Pilbara Minerals³ 1 igo Livent¹ Allkem¹ Nickel Mines¹ Sandfire Resources 29 Metals¹ 1 Mineral Resources² igo Pro forma Ni WESTERN AREAS LTD Note: As at ASX market close 15 December 2021; 1. Cash and debt as per September 2021 quarterly cash and debt balances; 2. MIN cash and debt balances as at 30 June 2021 with cash adjusted for A$328m divestment of 5.4% stake in Pilbara Minerals (ASX: 6 September 2021) and A$200m for the first tranche of payment to acquire Red Hill Iron's JV interest (ASX: 30 July 2021); 3. PLS cash balance as at 30 September 2021, drawn debt as per PLS's Revised Finance Facilities (ASX: 23 November 2021). 27 Au Au
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