Slide 1: Standard Lithium Equinor Partnership
NYSE : SLI TSX.V : SLI FSE : S5L Standard Lithium Equinor Partnership Creating a Sustainable U.S. Lithium Business R E S O U R C E T E C H N O L O G Y May 2024 P L A C E P A R T N E R S NYSE.A SLI TSX.VLithium Standard SLI FSE S5L TSX.V Standard Lithium FSE S5I www.standardlithium.com
Slide 2: Cautionary Statement
Cautionary Statement This presentation and the information contained herein or provided orally in connection herewith is strictly confidential and is provided for the exclusive use of the recipients and may not be reproduced, provided or disclosed to others, or used for any other purpose, without th
Slide 3: Cautionary Statement
Cautionary Statement Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the
Slide 4: Landmark Partnership at South West Arkansas and Texas
Standard Lithium May 2024 Management Presentation Landmark Partnership at South West Arkansas and Texas Equinor acquires 45% interest in the South West Arkansas (SWA) Project and East Texas Properties ► Standard Lithium remains majority owner and operator with 55% interest ► Partners fund their pro
Slide 5: Equinor Brings a Breadth of Capabilities
Standard Lithium May 2024 Management Presentation Equinor Brings a Breadth of Capabilities An international energy company headquartered in Stavanger, Norway with operations in oil and gas, renewables and low carbon solutions Strong Financial Partner Significant Global Capability Significant U.S. Op
Slide 6: Transaction Highlights
Standard Lithium May 2024 Management Presentation Transaction Highlights Delivering on our Strategic and Complementary Combines SLI’s world-class lithium assets and brine processing expertise with the partnership strategy to sub-surface and project delivery capabilities of a global energy major. max
Slide 7: Strategy of Project De-Risking and Execution
Standard Lithium May 2024 Management Presentation Strategy of Project De-Risking and Execution Equinor’s partnership and investment in Standard Lithium enhances project execution capabilities and validates development strategy Expansion of Core Competencies Resource and DLE Technology Validation Equ
Slide 8: Illustrative Implied Offer Value
Standard Lithium May 2024 Management Presentation Illustrative Implied Offer Value Illustrative Implied Offer Value Relative to Adjusted Market Capitalization of Standard Lithium1 US$295 M LANXESS Phase 1A Consensus-Based NPV2 US$287 M SLI Consensus-Based P/NAV3 0.17x 52% Implied Premium Implied Mar
Slide 9: The Path Forward with Equinor
Standard Lithium May 2024 Management Presentation The Path Forward with Equinor Advancing the South West Arkansas Project to Final Building world-class projects in East Texas Investment Decision (FID) in 2025 ► Front end engineering design studies (FEED) and Definitive ► Capitalizing on almost 4 yea
Slide 10: Snapshot | North America's Premier Lithium Brine Resource
Standard Lithium May 2024 Management Presentation Snapshot | North America’s Premier Lithium Brine Resource Smackover Formation: The Future of Responsible Lithium Development Starts Here ` South West East Texas LANXESS Arkansas Properties Phase 1A Ownership: 55% Standard Lithium1 Ownership: 55% Stan
Slide 11: South West Arkansas (SWA) Project
Standard Lithium May 2024 Management Presentation South West Arkansas (SWA) Project The SWA Project with… − lithium avg. grade of 437 mg/L (max of 597 mg/L)1; − planned annual output of +30,000 tonnes lithium chemicals1; − existing project and regional infrastructure; − strong local workforce; − fri
Slide 12: South West Arkansas (SWA) Project Summary Metrics
Standard Lithium May 2024 Management Presentation South West Arkansas (SWA) Project Located near Magnolia, Standard Lithium has drilled some of the highest confirmed lithium- in-brines grades in Arkansas: 597 mg/L Summary Metrics (US$)1 Base Case High Case Annual Production 30,000 tonnes LiOH 35,000
Slide 13: East Texas Greenfield Exploration
Standard Lithium May 2024 Management Presentation East Texas Greenfield Exploration Standard Lithium has secured a significant brine lease position, drilled, and sampled lithium brine showing significant potential to expand resource and future production ` Brownfield Advantage 644 mg/L 806 mg/L Exis
Slide 14: East Texas Greenfield Exploration
Standard Lithium May 2024 Management Presentation East Texas Greenfield Exploration Targeting locations with optimal brine resources to secure a foothold for large-scale production LITHIUM CONCENTRATION RANGE1 STATUS: Resource Definition 298 - 806 mg/L ► Team of Smackover specialists have been worki
Slide 15: Leading a new era of responsible lithium production in America
Standard Lithium May 2024 Management Presentation NYSE : SLI TSX.V : SLI FSE : S5L Leading a new era of responsible lithium production in America Vancouver Head Office Arkansas Office 1075 West Georgia - Suite 1625 116B E. Elm Street Vancouver, BC, Canada El Dorado, Arkansas, USA V6E 3C9 71730 Texas