Lithium Ionic is a near-term producer of high-quality, low-cost lithium concentrate in Brazil’s ‘Lithium Valley’, a region of global significance for hard-rock lithium production. Our claims span 14,182-hectares in the northeastern part of Minas Gerais state, a mining-friendly jurisdiction where +300 mines operate. In May 2024, a Feasibility Study on the Bandeira lithium deposit demonstrated a 14-year, low-cost mining operation producing 178,000tpa of high-quality spodumene concentrate (5.5% Li2O), resulting in a post-tax NPV8 of US$1.3B and an IRR of 40%. Lithium Ionic is focused on generating significant value for its stakeholders by accelerating its highly scalable Bandeira towards production and supporting the global EV and battery supply chains.