Lithium Africa Corp. · TSXV:LAF
Lithium Africa — Investor Presentation (October 2026)
22 slides from Lithium Africa's investor presentation, October 2026
Slide 1: Defining The African Lithium Frontier
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF Defining The African Lithium Frontier LI-AFRICA.COM OCTOBER 2026
Slide 2: Lithium Africa Overview
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF LITHIUM AFRICA OVERVIEW Defining the African lithium frontier 1 PORTFOLIO 2 PARTNERSHIP 3 SELF-FUNDING A focused African lithium portfolio Strategic alignment with Ganfeng Lithium Self-funded discovery, capital light-parent Six jurisdictions, anchored by two dril
Slide 3: A partnership built for Africa
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF STRATEGIC PARTNERSHIP A partnership built for Africa LAF’s lithium and African deal-making expertise, combined with Ganfeng’s global lithium leadership. THE PARTNERSHIP JV STRUCTURE 50/50 JV with Ganfeng LAF CONTRIBUTES The exploration team behind the definition
Slide 4: A clean, aligned share structure
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF CAPITAL STRUCTURE 16.4% 13.2% GFL 13.2% A clean, aligned share structure 6.2% Merk 6.2% Capital-light by design - every dollar raised targets exploration, with Ganfeng aligned as a Original LSC Shareholders 8.4% major shareholder and JV partner. 8.4% Shares Outst
Slide 5: Geologists, dealmakers, African operators
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF LEADERSHIP Geologists, dealmakers, African operators A team assembled from major-producer operating depth and African exploration experience. Dr. Thomas Benson Carl Esprey Mamadou Coulibaly CEO & DIRECTOR EXECUTIVE CHAIRMAN DIRECTOR, HEAD OF WEST AFRICA Explored
Slide 6: Among the lowest-cost lithium feedstock globally
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF WHY AFRICA Among the lowest-cost lithium feedstock globally African spodumene sources offer the potential for low-capex, low-opex projects in favorable jurisdictions. 6 Source: Benchmark Mineral Intelligence, Q1 2026 Lithium Forecast (C3, 2026, US$/t SC6). Third-
Slide 7: World-class geology, minimal exploration
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF WHY AFRICA World-class geology, minimal exploration Same LCT pegmatite geology as Western Australia, Quebec, and Brazil – explored at a fraction of the intensity. INVESTMENT IN LITHIUM EXPLORATION HAS BEEN MINIMAL - ESPECIALLY IN AFRICA • Global exploration focus
Slide 8: Discovery is what drives the returns
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF WHY EXPLORATION Discovery is what drives the returns In exploration, the value inflection arrives at discovery — long before production. The re-rating follows the drill bit – and LAF is positioned for multiple discoveries. THE LITHIUM DISCOVERY RE-RATE NGEX IS TH
Slide 9: A low-cost, research-forward approach to finding tier-1 deposits
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF OUR EXPLORATION SYSTEM A low-cost, research-forward approach to finding tier-1deposits A repeatable, stage-gated workflow applied across every project - and recycled the moment a discovery reaches resource. 1 2 3 4 5 GENERATIVE TARGET ID DELINEATION DRILL TESTING
Slide 10: The Lithium Africa Portfolio
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF PORTFOLIO The Lithium Africa Portfolio A generative pipeline spanning six African countries, anchored by two drill-ready, advanced projects in South Africa, and Côte d'Ivoire. PORTFOLIO AT A GLANCE ANCHORED BY TWO ADVANCED PROJETS Springbok (RSA) & Adzopé (CDI) P
Slide 11: Permitted past-producer advancing toward stockpile sale & initial MRE
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF SOUTH AFRICA · SPRINGBOK PROJECT Permitted past-producer advancing toward stockpile sale & initial MRE Northern Cape, South Africa · 70% majority ownership secured · Mining Permit · Stockpile sale process running · Drill program underway. OWNERSHIP – MAJORITY INT
Slide 12: High-grade spodumene from surface at Norrabees I
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF SOUTH AFRICA · SPRINGBOK PROJECT High-grade spodumene from surface at Norrabees I First drill results since listing: 6.0 m at 2.27% Li2O, with individual samples up to 4.11% Li2O, starting from 2 m downhole. LITHIUM AFRICA INAUGURAL ~3,500 M PROGRAM · FIRST FOUR
Slide 13: District-scale potential comparable to Brazil
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF SOUTH AFRICA · SPRINGBOK PROJECT District-scale potential comparable to Brazil A 1,675 km² continuous land position over a 50+ km pegmatite belt. THE “LITHIUM VALLEY” MODEL - CONSOLIDATED UNDER LITHIUM AFRICA "Lithium Valley" Brazil District Springbok, South Afri
Slide 14: An emerging lithium district
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF DRILL PROGRAM CÔTE D'IVOIRE · ADZOPÉ PROJECT ONGOING (ADZOPÉ ) An emerging lithium district 2,000 m 2 primary spodumene trends across ~485 km² licenses: Saby Trend at Adzopé (8.0 m at 1.10% Li₂O, and location of ongoing drilling) and the new 2.8 km Kanien Trend a
Slide 15: A sequenced set of value-creating milestones
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF CATALYSTS · H2 2026 — H1 2027 A sequenced set of value-creating milestones Four concrete near-term catalysts across the portfolio - each a defined point at which value is recognized or recycled. 1 2 3 4 H2 2026 - Ongoing Q4 2026 H2 2026 - Ongoing H1 2027 Springbo
Slide 16: Appendix
APPENDIX
Slide 17: Operating responsibly
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF SUSTAINABILITY Operating responsibly Exploration done in partnership with host countries and local communities - building local capability as we advance. >75% RESEARCH OPEN AFRICAN WORKFORCE, LOCALLY HIRED STELLENBOSCH PARTNERSHIP COMMUNITY DIALOGUE The majority
Slide 18: Well-rounded team equipped to drive growth
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF LEADERSHIP Well-rounded team equipped to drive growth A team assembled from major-producer operating depth and African exploration experience. Tyron Breytenbach Chris O’Connor Blake Hylands CAPITAL MARKETS ADVISOR GENERAL COUNSEL DIRECTOR English lawyer with 20+
Slide 19: Disclaimer
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF DISCLAIMER This corporate presentation (the “Presentation”) has been prepared by Lithium Africa Corp. (the “Company”) as of October 1, 2026. The information contained in this Presentation (a) is provided as at the date hereof and is subject to change without noti
Slide 20: Disclaimer
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF DISCLAIMER Market and Industry Data Market and industry data and forecasts contained in this Presentation have been obtained from third-party sources, industry publications and reports, websites and other publicly available information. The Company believes that
Slide 21: References
TSX-V: LAF · FSE: 6MQ · OTCQB: LTAFF REFERENCES Project Operator Country Ore (Mt) Grade (% Li₂O) LCE (Mt) Reference (standard, type, year) AFRICA — HARD ROCK Roche Dure AVZ Minerals / KoBold DR Congo 669 1.61 26.6 AVZ Minerals — JORC MRE, 2024 Goulamina Ganfeng Lithium Mali 267.2 1.38 9.1 Leo Lithiu
Slide 22: investors@li-africa.com www.li-africa.com
investors@li-africa.com www.li-africa.com
Lithium Africa — Investor Presentation (October 2026) on 6ix