A$20 Million Placement to Strategic Partner

The binding commitment from Clean Elements Fund positions Galan Lithium for significant growth as it moves closer to lithium chloride production in 2026.

<ul><li>Secured a binding commitment for A$20 million placement at A$0.11 per share, a 21% premium to last closing price.</li><li>The funding completes the construction financing for Phase 1 of the Hombre Muerto West project.</li><li>First lithium chloride production expected in H1 2026.</li><li>Placement subject to shareholder approval at a general meeting planned for early September 2025.</li><li>Partnership with Clean Elements demonstrates confidence in Galan’s growth and HMW's potential.</li></ul>

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A$20 Million Placement to Strategic Partner