First Lithium Limited · ASX:FL1

First Lithium — Investor Presentation (September 2023)

20 slides from First Lithium's investor presentation, Sep 28, 2023

  1. Slide 1: Investor Presentation September 2023

    For personal use only INVESTOR PRESENTATION SEPTEMBER 2023

  2. Slide 2: Disclaimer

    DISCLAIMER This presentation has been prepared by First Lithium Limited (“FL1”). The negligence, default or lack of care of FL1 and/or any of its Agents) for any For personal use only information contained in this presentation is a professional opinion only loss or damage suffered by a Recipient or

  3. Slide 3: About First Lithium

    For personal use only LITHIUM ABOUT FIRST 3

  4. Slide 4: Why First Lithium?

    WHY FIRST LITHIUM? QUALITY AND POTENTIAL SIZE OF MANAGEMENT TEAM LITHIUM TARGET For personal use only Significant in-country experience and specialist Historical exploration work at the priority Blakala advisors with extensive lithium exploration and spodumene pegmatite has demonstrated lithium gove

  5. Slide 5: Corporate Overview

    CORPORATE OVERVIEW Corporate Snapshot For personal use only ASX Code FL1 Shares on Issue 99.1m Market capitalisation $19.81m (on listing at $0.20 per share) Options on issue 42.2m (as outlined in Prospectus) Cash at Bank $6m Outstanding performance shares 15m (as outlined in Prospectus) Top 20 Share

  6. Slide 6: Leadership

    LEADERSHIP For personal use only Venkatesh Padala Lee Christensen Andrew Law Jason Ferris M AN AG I N G D I R E C TO R N O N - E X E C U TI V E N O N - E X E C U TI V E N O N - E X E C U TI V E AN D C E O C H AI R M AN D I R E C TO R D I R E C TO R A qualified engineer with A lawyer and former senio

  7. Slide 7: Mali Lithium Projects

    For personal use only MALI LITHIUM PROJECTS 7

  8. Slide 8: Our Permit Areas

    OUR PERMIT AREAS First Lithium owns 100% of 2 exploration permits in Mali, F I R S T L I T H I U M P R O J E C T L O C AT I O N S Faraba and Gouna, with a combined area of 17,500 hectares. For personal use only  The Gouna permit is comprised of two main blocks, Gouna and Blakala (priority target),

  9. Slide 9: Gouna Permit: Blakala Prospect

    GOUNA PERMIT: BLAKALA PROSPECT BLAKALA PROSPECT For personal use only  Multiple pegmatites identified with surface expressions ~500m in length  Recent trenching confirms historic work that demonstrated spodumene concentrations >30% - with assays from 15 samples showing average Li2O of 1.6%  Aggre

  10. Slide 10: Gouna Permit: Gouna Prospect

    GOUNA PERMIT: GOUNA PROSPECT GOUNA PROSPECT For personal use only  Multiple pegmatite occurrences with slightly narrower widths than Blakala  Pegmatites ~100m length in surface expression  1.3% Li2O identified in assays from 3 samples  3,000m diamond drill program planned for 1H 2024 10

  11. Slide 11: Faraba Permit: Faraba Prospect

    FARABA PERMIT: FARABA PROSPECT FARABA PROSPECT For personal use only  10 assay samples averaging 1.58% Li2O  Initial drilling undertaken with assays expected in September  Pegmatite zone identified as having minimum strike length of 1.5kms comprising multiple pegmatite bodies with widths up to 7m

  12. Slide 12: Our Timeline

    OUR TIMELINE Rapid Exploration to Production Program For personal use only 2017/18 2021/22 2023/24 2024/25 RECONNAISSANCE P H AS E I P H AS E I I ECONOMIC E X P L O R AT I O N E X P L O R AT I O N STUDIES  Preliminary Studies  Mapping (Pitting  Geophysical studies  Metallurgical Testwork  Basic

  13. Slide 13: Regional Lithium Companies

    REGIONAL LITHIUM COMPANIES Major Lithium Projects in Sikasso Region, Mali G E O L O G I C A L M AP O F L I T H I U M P R O J E C T S I N M AL I For personal use only  295 sq kms  500 sq kms  175 sq kms permit area permit area permit area across 2 Licenses across 5 licenses  Total Resource –  (E

  14. Slide 14: Mali Transport Routes

    MALI TRANSPORT ROUTES San Pedro Port, Côte d'Ivoire – 4 lane highway from Port-Bouët, Abidjan, Côte d'Ivoire – 4 Lane highway Kolandieba in Mali (~800 kms) from Kolandeiba in Mali (~900 kms) For personal use only 14

  15. Slide 15: Global Lithium Pegmatite Projects

    GLOBAL LITHIUM PEGMATITE PROJECTS For personal use only Leo Lithium’s Goulamina Mali Deposit is 100km from First Lithium’s permit and is the 5th largest deposit globally. 15

  16. Slide 16: Global Supply and Demand

    For personal use only GLOBAL SUPPLY AND DEMAND 16

  17. Slide 17: Lithium Demand Growth

    LITHIUM DEMAND GROWTH W O R L D W I D E L I T H I U M D E M AN D F R O M 2 0 1 9 TO 2 0 3 0 , B Y U S E ( I N For personal use only 1 , 0 0 0 M E T R I C TO N S O F L I T H I U M C AR B O N AT E E Q U I VAL E N T ) Electric vehicles* Other Global lithium 2,500 demand will reach 2,114 989,000 tonnes

  18. Slide 18: Catalysts for Lithium

    CATALYSTS FOR LITHIUM Specialist Lithium-Ion battery To have 25 new electric models, and 25% of For personal use only manufacturers, recently began operations in its sales to be plug-in electric vehicles by new factory in Ostrava, Czech Republic 2025 To build Europe’s largest Lithium-Ion battery Pla

  19. Slide 19: Strong ESG Principles

    STRONG ESG PRINCIPLES For personal use only Intermin (Subsidiary of First Lithium in Mali) works closely with the local and broader Malian community in ensuring high levels of local participation in the projects. Intermin prioritizes consultation with local communities to ensure a harmonious and mut

  20. Slide 20: Thank You

    For personal use only THANK YOU Contact info@firstlithium.com.au FIRSTLITHIUM.COM.AU 20

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