Elevra Lithium Limited · ASX:ELV
Elevra Lithium — Shareholder Meeting (November 2025)
20 slides from Elevra Lithium's shareholder meeting presentation, Nov 21, 2025
Slide 1: 2025 Annual General Meeting Chair Address and MD/CEO Presentation
ASX ANNOUNCEMENT 21 November 2025 2025 Annual General Meeting Chair Address and MD/CEO Presentation Good morning ladies and gentlemen, shareholders, and esteemed guests. My name is Dawne Hickton, the Chair of Elevra Lithium Limited. I am honoured to Chair today’s Annual General Meeting – being the f
Slide 2: Chair address: merger, governance and sustainability
On the merger, we were proud to see the transaction receive overwhelming support from the shareholders of both Sayona and Piedmont. Our mission was to create a North American lithium champion and our focus has turned from planning to execution. As a Board, we looked at the merger as an opportunity t
Slide 3: Elevra Lithium 2025 Annual General Meeting
Elevra Lithium 2025 Annual General Meeting Friday, 21 November 2025 ASX:ELV • NASDAQ:ELVR • OTCQB:SYAXF
Slide 4: Chair's Address
Chair’s Address Dawne Hickton
Slide 5: Introducing Elevra Lithium
Board of Directors Introducing Elevra Lithium North America’s Leading Hard-Rock Lithium Producer Dawne Hickton Lucas Dow James Brown Christina Alvord Chair Managing Director Director Director & CEO Allan Buckler Jeff Armstrong Laurie Lefcourt Jorge M. Beristain Director Director Director Director Mo
Slide 6: Key Achievements
Key Achievements Strengthening our market position, unlocking synergies and delivering long term value Operations Merger Governance ✓ Record production with 31% increase in annual ✓ Created North America’s largest hard-rock ✓ Major refresh of the board including the spodumene concentrate production
Slide 7: Managing Director & CEO Presentation
Managing Director & CEO Presentation Lucas Dow
Slide 8: FY25 Highlights
FY25 Highlights Scaling production, expanding our resource base, and delivering key milestones Production Financial Corporate • Dual listed on ASX and Nasdaq with ability to convert 204,858 $223M Merger between holdings between listings (see website for conversion details including OTC holdings) Dry
Slide 9: The Elevra Strategy
The Elevra Strategy Disciplined delivery remains central to our strategy 01 02 03 Optimise Existing Operations Develop Assets Following Integrate into the Supply Chain Expanded Resource Base Via Strategic Partnerships Focused on optimising production Deliver portfolio potential through the To lock i
Slide 10: Operational Performance
Operational Performance Demonstrated operating discipline laying the platform for sustained success and future growth Delivering production in line with FY25 guidance NAL Production & Unit Operating Costs 90,000 1,536 1,600 FY25 FY25 FY25 FY24 YoY 1,506 UOM Actual Guidance Actual Actual Variance 1,3
Slide 11: Significant Increase in Resource and Reserve Base
Significant Increase in Resource and Reserve Base NAL Increases Resource to 95Mt and Consolidated Mineral Resource Estimate Reserves to 49Mt1 (Pro-rata Measured, Indicated and Inferred) • Total Mineral Resource of 95.0Mt at 1.15% Li2O, an +8% 17 229 increase over the August 2024 MRE 7 44 • Increase
Slide 12: Overview of the NAL Brownfield Expansion Plan
Overview of the NAL Brownfield Expansion Plan Driving unit costs down and strengthening NAL’s commercial competitiveness NAL Expansion Scoping Study NAL Gross Production NAL Unit Costs 315 US$765 – 830 • Targeting an increase in production from 195 – 210 kdmt /dmt ktpa (FY26 Guidance) to 315 ktpa no
Slide 13: Lithium Market Outlook
Lithium Market Outlook Tight physical market is supporting higher pricing Lithium Market Trends Forecast Market Balance and Spodumene Concentrate 6% Price • Spodumene concentrate prices have risen sharply on renewed 2,500 $2,500 tightness in the physical market, with recent spot sales reported above
Slide 14: FY26 Guidance
FY26 Guidance Another year focused on delivery, disciplined expenditure and continued improvement FY25 Actual FY26 Guidance Additional Information Spodumene 204,858 195,000 – 210,000 • SC 5.3% product grade Concentrate dmt dmt • 100% NAL production Production • SC 5.3% grade Spodumene • Shipment vol
Slide 15: Appendix
Appendix
Slide 16: Supporting Data
Supporting Data Significant Increase in Resource and Reserve Base1 Mineral Resource Estimate as of Sayona 2024 AGM Current Elevra Mineral Resource Estimate Asset Category Tonnes (Mt) Li2O Grade (%) Source Category Tonnes (Mt) Li2O Grade (%) Source Measured 0.9 1.11 Measured -- -- Indicated 71.1 1.14
Slide 17: Supporting Data
Supporting Data Significant Increase in Resource and Reserve Base1 Asset Source Reserve Category Tonnes (Mt) Li2O Grade (%) Cut-off Grade (%Li2O) Proved Ore Reserves 0.3 1.01 0.60 NAL Reserves up 124% to 48.6Mt North American Lithium and Resource increased to 95Mt Probable Ore Reserves 48.2 1.11 0.6
Slide 18: Important Information and Disclaimer
Important Information and Disclaimer Important Information and Disclaimer The distribution of this presentation in other jurisdictions Forward Looking Statements Statements in this presentation are made only as of the date outside of Australia may also be restricted by law and This presentation may
Slide 19: Important Information and Disclaimer
Important Information and Disclaimer Cautionary Note to United States Investors Mineral Reserves and Resources of the Carolina Lithium Project Concerning Estimates of Measured, Indicated and Inferred Mineral Resources Mineral reserve and mineral resource information contained in this presentation fo
Slide 20: ELEVRA
ELEVRA