Galan Lithium Limited · ASX:GLN
Galan Lithium — Investor Presentation (August 2026)
16 slides from Galan Lithium's investor presentation, Aug 5, 2026
Slide 1: HMW the World's Next Low-Cost Lithium Producer
HMW THE WORLD’S NEXT LOW-COST LITHIUM PRODUCER AUGUST 2026
Slide 2: Galan (ASX:GLN) – Corporate Snapshot
GALAN (ASX:GLN) – CORPORATE SNAPSHOT An accomplished and aligned Board with relevant South American experience CAPITAL STRUCTURE BOARD Share price1 A$0.30 o Experienced corporate lawyer Richard Homsany Shares on issue 1,267 m. o Principal of Cardinals Lawyers Non Executive o Exec. VP Australia of Is
Slide 3: Galan's Competitive Advantages
GALAN’S COMPETITIVE ADVANTAGES Funded, high grade, low-cost near-term producer with tax and other fiscal benefits Scale and Grade – Global top-10 lithium resource; highest LITHIUM CARBONATE EQUIVALENT COST CURVE (US/t) (2030)1 1 grade brine in Argentina, lowest impurity profile1 $20,000 Brine Spodum
Slide 4: Scale – HMW Is a World Class Lithium Project
SCALE – HMW IS A WORLD CLASS LITHIUM PROJECT Scale, grade and purity drive project economics TOP 20 ADVANCED GLOBAL LITHIUM PROJECTS BY MINERAL RESOURCE SIZE Production 80.0 Emerging Production Construction 70.0 Contained Mineral Resources (LCE in Mt) 60.0 50.0 40.0 30.0 20.0 10.0 0.0 Notes: 1. Sour
Slide 5: Value – Galan Trades at a Material Discount to ASX Peers
VALUE – GALAN TRADES AT A MATERIAL DISCOUNT TO ASX PEERS Top-10 lithium resource, In production, trading well below producer and developer valuation benchmarks ASX LITHIUM PEER GROUP VALUATION COMPARISON – ENTERPRISE VALUE / MINERAL RESOURCES (A$/ LCE T) 1400 Production Emerging Production Construct
Slide 6: HMW – A Lithium Project with Scale and Grade
HMW – A Lithium Project with Scale and Grade A multi-decade project in the best salar in Argentina MAP OF GALAN’S TENURE IN CATAMARCA, ARGENTINA Project Interest o 100% in the HMW and Candelas project areas Project Location o Catamarca, Argentina Combined Mineral o 9.5 Mt LCE at 841mg/L lithium Reso
Slide 7: Low Risk, Phased Production Growth
LOW RISK, PHASED PRODUCTION GROWTH Employing a proven development path to produce a lithium chloride product in high demand PHASED DEVELOPMENT TO 60ktpa LCE Hombre Muerto o Tier-one salar with over 20 years of lithium production history o Excellent brine chemistry. High grades with low impurities Pr
Slide 8: Argentina – A Leader in Lithium Mining
ARGENTINA – A LEADER IN LITHIUM MINING A rich endowment of lithium is paired with a fiscal framework designed to encourage foreign investment MAP OF THE SOUTH AMERICAN LITHIUM TRIANGLE Leading Mining Jurisdiction o Argentina holds the world’s 2nd largest lithium resources and is the 4th largest lith
Slide 9: Favourable Dynamics for Low-Cost Brine Producers
FAVOURABLE DYNAMICS FOR LOW-COST BRINE PRODUCERS Strong lithium demand growth underlies the continued investment in brine assets and the downstream sector LITHIUM MARKET DEMAND (LCE kt)1 Robust lithium demand o 15% - 26% compound annual growth in demand to 2030 is expected, driven by EV growth and 5
Slide 10: Appendix
A Appendix 10
Slide 11: Greenbushes South Lithium Project, Western Australia (100% Owned)
GREENBUSHES SOUTH LITHIUM PROJECT, WESTERN AUSTRALIA (100% OWNED) o ~315km2 landholding located about 250km south of Perth, along the Donnybrook-Bridgetown Shear Zone. o Geological setting directly analogous to the world-class Greenbushes lithium system o Maiden + extended diamond drilling completed
Slide 12: Important notice and disclaimer
Important notice and disclaimer This presentation has been prepared by Galan Lithium Limited. Competent Persons The information contained herein that relates to exploration results and geology is based on information compiled or reviewed by Dr Luke Milan, who has consulted to the Company. Dr Milan i
Slide 13: Mineral Resource Estimate
Mineral Resource Estimate MINERAL RESOURCE STATEMENT FOR CANDELAS1 MINERAL RESOURCE STATEMENT FOR HOMBRE MUERTO WEST2 In situ Li Avg. Li LCE Avg. K In situ K KCl Equiv. In situ Li Avg. Li LCE Avg. K In situ K KCl Category Category (kt) (mg/l) (kt) (mg/l) (kt) (kt) (kt) (mg/l) (kt) (mg/l) (kt) Equiv.
Slide 14: Ore Reserve Statement
Ore Reserve Statement Ore Reserve Statement for Hombre Muerto West (effective date September 2023) Production Period Pumped Brine Vol. Avg. Li grade Ore Reserve Category Well Field Li Metal (kt) LCE (kt) (Years) (Mm3) (mg/L) West 1-7 34.9 30.8 884.0 101.2 Proven Santa Barbara - - - - - 1-7 1.8 1.5 8
Slide 15: Global Peer Comparison
Global Peer Comparison Global Top 20 Production and Construction Projects Mineral Resources (including Ore Reserves) in Lithium Carbonate Equivalent (LCE Mt) Total Project Operator Stage Type Measured Indicated Inferred Resources Li Grade Information Source Salar de Atacama SQM Production Brine 30.7
Slide 16: ASX Peer Comparison
ASX Peer Comparison Enterprise value / Mineral Resource Undiluted Price (A$) Undiluted Mkt. Cash Debt Net Debt / Undiluted EV Measured Indicated Inferred Contained EV / LCE Ticker Company Phase Grade Type MRE Source Shares (m) 31 Jul 2026 Cap. (A$m) (A$m) (A$m) (Cash) (A$m) (A$m) LCE (Mt) LCE (Mt) L