Lake Resources N.l. · ASX:LKE
Lake Resources N.l — Investor Presentation (March 2026)
29 slides from Lake Resources N.l's investor presentation, Mar 16, 2026
Slide 1: Investor Presentation
Investor Presentation For personal use only Presenter: David Dickson MD/CEO March 2026 ASX: LKE; OTC: LLKKF lakeresources.com.au
Slide 2: Disclaimers
Disclaimers General Statement and Cautionary Statement This presentation has been prepared by Lake Resources N.L. (Lake) for information purposes and not any particular party. The information in this presentation is based upon public information and internally developed data and For personal use onl
Slide 3: Agenda
Agenda For personal use only 1. Corporate Overview 2. Kachi Update 3. Market Update 4. Looking Ahead 5. Appendix 3
Slide 4: Corporate Overview
For personal use only Corporate Overview
Slide 5: Lake Resources Leadership
Lake Resources Leadership Experienced, well-credentialed and highly motivated leadership team ready to deliver on Lake’s strategy and accelerate the Company’s next phase of Kachi development For personal use only Board of Directors Strong commitment to • 40+ years in corporate finance, investor re
Slide 6: Lake Share Price Performance
Lake Share Price Performance Significant share price outperformance over the past 12 months driven by stronger lithium market and project progress For personal use only Capital Structure Indexed Share Price Performance Since 01-Jan-2025 Share Price A$ 0.083 Basic Shares 2,278M Fully Dilutes Shares O
Slide 7: Demonstrated Track Record of Strategic Execution
Demonstrated Track Record of Strategic Execution Right-Sized Letter of Intent (LOI) Completed Kachi Advance Offtake and Definitive Feasibility Initiated Strategic Raised Capital to Organization and Signed with YPF-Luz Evaluate FEED in Study (DFS) Partnering Process Phase 1 DFS Extend Financial Strat
Slide 8: Lake Resources Financial Highlights Q4 2025
Lake Resources Financial Highlights Q4 20251 Strong Balance Sheet and Disciplined Capital Management For personal use only Financial Position & Liquidity Cost Management Cash position of A$15.3M as of 31 December 2025 45% reduction in 2025 cash expenditures vs. 2024, with zero debt exceeding pro
Slide 9: Kachi Update
For personal use only Kachi Update
Slide 10: Kachi Overview
Kachi Overview A world class global lithium asset in Argentina – the largest, independent development project across the lithium triangle with significant expansion potential For personal use only Kachi Project1 Highlights Location Catamarca Province, Argentina Phase 1 DFS completed in December 20
Slide 11: Major Milestones Achieved in 2025
Major Milestones Achieved in 2025 De-Risking Kachi Through Strategic Advancement For personal use only Completed JORC Update Increased Total Ore Reserve Statement Kachi Phase One Resource To Confirmed Lithium Grade Of DFS Addendum 1 11.1Mt LCE 2 268 mg/L 3 Completed Continue To Engage With Achieved
Slide 12: Kachi Phase One DFS Addendum
Kachi Phase One DFS Addendum Transformational Project Improvements: Significantly Enhanced Economics & Operational Efficiencies1 For personal use only US$ 1.16B US$ 5,895/t US$ 1.5B 22.5% 249mg/L Capex Opex Pre-Tax NPV10 Pre-Tax IRR Plant Design Basis Resource Excellence & De-risking Technology and
Slide 13: Lilac DLE Technology Update
Lilac DLE Technology Update Lilac continues to mark important achievements including unveiling its Gen 5 ion exchange DLE technology, completing construction of commercial scale manufacturing facility and For personal use only signing a binding offtake agreement Released Gen Gen 5 DLE ion 5 DLEtechn
Slide 14: Operational Update
Operational Update Kachi continues to achieve key milestones on its path to becoming “shovel-ready” For personal use only Exploitation Environmental Impact Assessment • Ramsar site zonification was formally approved1 • Carachi Pampa lagoon designated as Zone 3 (Z3), allowing for regulated productive
Slide 15: Kachi – Key Takeaways
Kachi – Key Takeaways Largest Independent Development Project Across the Lithium Triangle with 1 Total Resource of 11.1 Mt LCE For personal use only Phase One DFS Addendum Completed for World Class 25 ktpa Battery Grade 2 Lithium Carbonate Project with Potential For Expansion 3 Proven Ion-Exchange D
Slide 16: Market Update
For personal use only Market Update
Slide 17: Lithium Market – 2026 Overview
Lithium Market – 2026 Overview In 2026, lithium prices have outperformed expectations. BESS demand upside, delayed supply response, China sentiment, CAM demand and feedstock tightness are the major drivers of higher lithium prices For personal use only Lithium Chemicals Inventory and Prices Key Driv
Slide 18: Lithium Price Rally
Lithium Price Rally Lithium prices have experienced an explosive rally between mid-November 2025 and March 2026, driven by a combination of aggressive supply cuts and a massive surge in demand from the energy storage sector, marking a definitive end to the "lithium winter" of 2023–2024 For personal
Slide 19: Lithium Market Supply/Demand Balance
Lithium Market Supply/Demand Balance Barrenjoey, Canaccord, Goldman, and BMI have significantly increased their 2026-2030 lithium price forecasts from Nov 2025, driven by ESS demand growth, and a slow supply For personal use only response due to prolonged However, China growth significant demand res
Slide 20: Lithium Market Demand Outlook
Lithium Market Demand Outlook Lithium demand expected to double between 2025 and 2030, driven by the BESS boom and continued strong EV demand in Asia and Europe For personal use only However, significant demand growthGlobal is anticipated to induce market shortfall beginning in 2029 Lithium Demand G
Slide 21: Argentina Macro and Political Update
Argentina Macro and Political Update Following President Milei’s Party’s decisive victory in October 2025, the political and economic landscape for Argentina continues to improve For personal use only Events Summary Implications for Lake 35% annual inflation for Inflation Drop 2025 • Staggering drop
Slide 22: US – Argentina Partnership
US – Argentina Partnership Recent developments represent the most significant realignment in US-Argentina relations in decades For personal use only Major Headlines from Washington DC (Feb 4 – 6) Major Headlines from Argentina Week NYC (Mar 9-11) 1. Reciprocal Trade & Investment Agreement (ARTI) • L
Slide 23: Looking Ahead
For personal use only Looking Ahead
Slide 24: Lake Resources Strategic Priorities
Lake Resources Strategic Priorities Key areas of focus in 2026 and beyond For personal use only o Obtain EIA Approval o Continue to optimize technical and commercial power solutions o Engage with Offtake and Strategic Partners o Continue to optimize cost structure and extend financial runway o Work
Slide 25: Thank You
For personal use only Thank You
Slide 26: Appendix
For personal use only Appendix
Slide 27: Lilac DLE Technology Update – Gen 5 Ion Exchange
Lilac DLE Technology Update – Gen 5 Ion Exchange Higher performance than any competing DLE technology featuring lower costs with first quartile economics For personal use only Lilac Solutions has developed Gen 5 lithium extraction technology that significantly outperforms conventional methods and
Slide 28: Mineral Resource Estimate Table
Mineral Resource Estimate Table Measured May 2025 (to 600 m depth) Inferred May 2025 Sediment Specific Brine Li Li Li Tonnes Sediment Specific Brine Li Li Li Tonnes 3 3 3 3 Unit Volume (m ) Yield % Volume (m ) Liters (mg/l) (Grams) (Tonnes) LCE Unit Volume (m ) Yield % Volume (m ) Liters (mg/l) (Gra
Slide 29: Reserve Statement
Reserve Statement Reserve Statement For personal use only Lithium LCE Average Lithium Reserve Category Years (Tonnes) (Tonnes) (mg/L) Proved 1 4,390 23,310 270 Proved 2–7 28,360 150,850 270 Probable 8 – 25 85,060 452,540 267 Total 1 – 25 117,810 626,760 Note: This table has been directly extracted f
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