Morella Corporation Limited · ASX:1MC
Morella — Investor Presentation (October 2026)
24 slides from Morella's investor presentation, Oct 14, 2026
Slide 1: Building Australia's Rubidium Opportunity
ASX : 1MC Building Australia’s rsonal use only Rubidium Opportunity Advancing Mt Edon within a broader critical minerals portfolio I N V E STO R P R E S E N TAT I O N OCTOBER 2026
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer This presentation has been prepared by Morella Corporation Limited (ASX:1MC). It contains summary information only and is provided solely for general information rsonal use only purposes. The information contained in this presentation is of a general nature and does not
Slide 3: Morella's Priorities and Opportunities
Morella’s Priorities and Opportunities Mt Edon rubidium leads a broader critical minerals portfolio rsonal use only 5.44 Mt ~8,300 t 93.6% MAIDEN INFERRED RESOURCE CONTAINED Rb₂O PEAK Laboratory extraction into solution @ 0.16% Rb₂O Contained in the Inferred resource ECU Phase 2 testwork RESOURCE GR
Slide 4: Corporate Snapshot
Corporate Snapshot Capital structure, ownership and leadership Capital structure (all amounts A$) Ownership Board and management rsonal use only Share price * $0.029 James Brown Managing Director & CEO Allan Buckler Non-executive Director Shares on issue * 441.8 million BT Kuan Non-executive Directo
Slide 5: Project Portfolio
Project Portfolio Western Australia and Nevada Pilbara Mallina • Tabba Tabba East • Mac Well (Li,Rb,Ta) MT EDON - RUBIDIUM Maiden resource established, with further resource rsonal use only growth opportunities and metallurgical work planned. PILBARA – LITHIUM & RUBIDIUM North Big Smoky (Li) Mallina
Slide 6: Mt Edon - Maiden Rubidium Resource
Mt Edon - Maiden Rubidium Resource An initial resource base within a wider pegmatite system MAIDEN INFERRED RESOURCE 5.44 Mt rsonal use only at 0.16% Rb₂O ~8,300t CONTAINED Rb₂O RESOURCE AREAS Sophie Miles & June GROWTH OPPORTUNITY Further exploration to test resource extensions and additional pegma
Slide 7: Mt Edon - Resource Growth Potential
Mt Edon - Resource Growth Potential Extensions, additional pegmatites and increased resource confidence SOPHIE RESOURCE MODEL - looking northwest OPEN EXTENSIONS rsonal use only Mineralisation remains open along strike and at depth in several areas beyond the maiden resource. ADDITIONAL TARGETS Nume
Slide 8: Mt Edon - Metallurgy and Product Development
Mt Edon - Metallurgy and Product Development Laboratory extraction demonstrated, with further processing work ahead EXTRACTION OPTIMISATION rsonal use only UP TO Refine reagent selection and operating 93.6% conditions to improve consistency and assess processing costs. PURIFICATION AND PRODUCT Progr
Slide 9: Rubidium - Applications and Market Development
Rubidium - Applications and Market Development Product specification and customer requirements will shape the development pathway SPECIALIST APPLICATIONS A SPECIALISED MARKET MORELLA’S COMMERCIAL rsonal use only PRIORITIES Rubidium has no widely quoted, transparent benchmark price Identify potential
Slide 10: Rubidium – An Australian Supply Opportunity
Rubidium – An Australian Supply Opportunity Specialist applications and existing supply routes provide context for Mt Edon’s development APPLICATIONS Products for specialist uses MT EDON’S OPPORTUNITY rsonal use only Rubidium compounds serve specialty glass, electronics and research. Each use requir
Slide 11: Mt Edon – Developing Rubidium Products
Mt Edon – Developing Rubidium Products Encouraging extraction results support the next steps towards specialist rubidium products MINERAL FEED DEVELOPMENT STEP ECU TESTWORK PURIFICATION WORK PRODUCT QUALIFICATION SPECIALIST MARKETS rsonal use only Mining Beneficiation Extraction Purification Product
Slide 12: Mt Edon – Development Priorities
Mt Edon – Development Priorities Advancing the resource, processing route and commercial understanding RESOURCE DEFINITION PROCESS DEVELOPMENT PRODUCT AND MARKET rsonal use only Test extensions to the Sophie and Optimise extraction conditions and Identify potential customers and Miles & June resourc
Slide 13: Pilbara – Lithium and Rubidium Exploration
Pilbara – Lithium and Rubidium Exploration Drill-confirmed lithium mineralisation and established exploration targets PROPOSED MORELLA – ELEVRA EXPANSION Agreement with Elevra Lithium (ASX:ELV) covering identified Pilbara projects. Indicative, non-binding term sheet to expand the existing JV. Existi
Slide 14: Dixon Well – Titanium and Vanadium
Dixon Well – Titanium and Vanadium Surface sampling identifies titanium and vanadium mineralisation ROCK CHIP RESULTS rsonal use only Up to 17.0% TiO2 Up to 1,875 ppm V Reported maximums from rock chip sampling. MAPPING AND SURFACE SAMPLING Mapped gabbro outcrops, historical soil sampling and rock c
Slide 15: Nevada – Focused Lithium Portfolio
Nevada – Focused Lithium Portfolio Fish Lake Valley South and North Big Smoky PORTFOLIO CONSOLIDATION rsonal use only Binding agreement with Lithium Corporation to consolidate 100% ownership of Fish Lake Valley South North Big Smoky and North Big Smoky. EXPLORATION-INFORMED SELECTION Retained projec
Slide 16: Advancing Mt Edon rubidium within a broader critical minerals portfolio
Advancing Mt Edon rsonal use only rubidium within a broader critical minerals portfolio James Brown Managing Director & CEO info@morellacorp.com www.morellacorp.com ASX : 1MC ACN: 093 391 774
Slide 17: Appendices
rsonal use only Appendices Resource statement, project interests and supporting disclosures ASX : 1MC 17
Slide 18: Mt Edon – Mineral Resource Statement
Mt Edon – Mineral Resource Statement Maiden Inferred Mineral Resource – announced 17 September 2026 Prospect Category Tonnes (Mt) Rb2O (%) Contained Rb2O (t) Li2O (%) Contained Li2O (t) rsonal use only Sophie Inferred 4.50 0.16 7,100 0.07 3,100 Miles & June Inferred 0.94 0.13 1,200 0.05 470 Total In
Slide 19: Existing Project Interests and Royalties
Existing Project Interests and Royalties Ownership arrangements and previously disclosed LRC royalties Project Interest / arrangement LRC royalty 1 rsonal use only Pegmatite-related mineral rights: Morella 51% / Elevra 49%. Registered title 1.25% GOR on lithium Mt Edon – E59/2092 interests differ. p
Slide 20: Proposed Morella - Elevra Expansion
Proposed Morella - Elevra Expansion 51% earn-in | A$300,000 exploration expenditure | Two years Deep Well, Mt Dove, Mount Satirist and Station Peak. The 20 August 2026 ASX announcement describes an indicative, non-binding term sheet, subject to definitive documentation, due diligence and required ap
Slide 21: Other Corporate Interests and Matters
Other Corporate Interests and Matters LITHIUM CORPORATION INVESTMENT FEDERAL COURT PROCEEDINGS rsonal use only Lithium Corporation (OTCQB: LTUM) explores early-stage On 21 January 2026, Morella announced Federal Court mineral projects in North America, including lithium in Nevada proceedings against
Slide 22: References
References Ref. Date Announcement / publication rsonal use only 1 17 Sep 2026 Maiden Mt Edon Mineral Resource Estimate Establishes Major Australian Rubidium Inventory 2 30 Sep 2026 High-Grade Rubidium and Lithium Rock Chip Results at Mac Well 3 20 Aug 2026 Morella and Elevra Expand Western Australia
Slide 23: Competent Person Statements
Competent Person Statements Mt Edon – Exploration Results (Reference 1) The exploration information in the original announcement was compiled by Mr Henry Thomas, a Member of the Australasian Institute of Mining and Metallurgy and Exploration Manager employed by Morella Corporation. The original anno
Slide 24: Thank you
rsonal use only Thank you info@morellacorp.com | www.morellacorp.com ASX : 1MC ACN: 093 391 774