Delta Lithium Limited · ASX:DLI
Delta Lithium — Investor Presentation (February 2026)
22 slides from Delta Lithium's investor presentation, Feb 12, 2026
Slide 1: Corporate Presentation February 2026
For personal use only CORPORATE PRESENTATION February 2026 ASX: DLI deltalithium.com.au
Slide 2: Corporate Overview
MAJOR SHAREHOLDERS CORPORATE OVERVIEW 23% For personal use only CAPITAL STRUCTURE 42% SHARES ON ISSUE 717.4M 12% PERFORMANCE RIGHTS 9.9M OPTIONS 2.0M 11% 1% MARKET CAP A$168M1 11% CASH A$54M2 ENTERPRISE VALUE A$114M Mineral Resources 22.9% SHARES IN ASX LISTED COMPANIES ~A$133M3 Idemitsu 12.0% Hanco
Slide 3: Our Board: Proven Experience in Project Delivery
PROVEN EXPERIENCE IN OUR BOARD PROJECT DELIVERY For personal use only Our Team ► Experienced resource professionals with Life of Mine vision ► Seasoned Lithium Explorers Nader El Sayed James Croser Joshua Thurlow Steve Kovac Non-Executive Chairman Managing Director Non-Executive Director Non-Executi
Slide 4: Review of Western Australian Operations
REVIEW OF WESTERN AUSTRALIAN OPERATIONS Location WA Yinnetharra For personal use only ► Two JORC Lithium ► Lithium/Tantalum MRE “Hardrock Lithium Resources 21.9Mt @ 1.0% Li2O and Capital of the World” ► Global MRE 39.4Mt @ 102ppm Ta2O5 36.7Mt @ 1.1% Li2O ► Exploration and 54Mt @ 126ppm Ta2O5 develop
Slide 5: Mt Ida Lithium Project: Value Creation in the Goldfields
MT IDA LITHIUM PROJECT For personal use only VALUE CREATION IN THE GOLDFIELDS 6 CORPORATE PRESENTATION FEBRUARY 2026 ASX: DLI deltalithium.com.au
Slide 6: Mt Ida Project Overview
MT IDA PROJECT OVERVIEW Unique Critical Minerals Geology High-grade LCT pegmatites at Sister Sam, Timoni & Sparrow For personal use only Global JORC Resource 14.8Mt @ 1.2% Li2O , 170ppm Ta2O5 and 0.42% Rb2O Includes Measured & Indicated Resources of 7.8Mt @ 1.3% Li2O, 224ppm Ta2O5 & 0.45% Rb2O Conta
Slide 7: Mt Ida Lithium & Tantalum
MT IDA LITHIUM & TANTALUM ► High-grade Mineral Resource – high-grade undeveloped lithium and tantalum For personal use only 14.8Mt @ 1.2% Li2O and 170ppm Ta2O5 ► Significant Exploration Upside – Recent drilling increased JORC confidence and included a new LCT pegmatite discovery in Sister Sam footwa
Slide 8: Mt Ida Rubidium
MT IDA RUBIDIUM ► Highest-grade public MRE – pervasive & coincident For personal use only high-grade Rubidium adds to the critical mineral inventory 14.8Mt @ 0.42% Rb2O (no cut-off grade applied) Diamond core from hole IDRCD171 showing 5.0m@0.56% Rb₂O from 338.57m, within a broader ► Co-located enti
Slide 9: Rubidium Worldwide JORC/43-101 Contained Tonnes
0.5 RUBIDIUM WORLDWIDE JORC/43-101 Contained Tonnes Rb x Grade 0.45 Mt Ida (DELTA LITHIUM) 0.4 For personal use only 0.35 Karibib (Helikon 1) Pakeagama Lake (PAK) GRADE Rb2O% 0.3 Seymour Mt. Edon Pakeagama Lake (Spark) 0.25 Karibib (Rubicon) 0.2 Karibib (Helikon 4) Reung Kiet Alvarrões 0.15 Niobe Ui
Slide 10: Mt Ida Gold Demerger
MT IDA GOLD DEMERGER ► Delta recently separated our Critical Minerals & Gold Assets, creating significant value for shareholders For personal use only 100% ► Gold Assets at Mt Ida placed into Ballard Mining 100% pursuant to a Demerger Deed & Mineral Rights MT IDA Deed 100% ELECTROSTATE LITHIUM ► Suc
Slide 11: Yinnetharra Lithium Project: Growing a Discovery
YINNETHARRA LITHIUM PROJECT For personal use only GROWING A DISCOVERY IN THE EMERGING GASCOYNE PROVINCE 12 CORPORATE PRESENTATION FEBRUARY 2026 ASX: DLI deltalithium.com.au
Slide 12: Yinnetharra Lithium Project: Solid Progress
YINNETHARRA LITHIUM PROJECT SOLID PROGRESS AT YINNETHARRA For personal use only ► Delta is centre-stage in a newly emerging Gascoyne Lithium Province ► JORC Lithium & Tantalum MRE at Malinda 21.9Mt @ 1.0% Li2O (at a 0.5% Li O cut-off grade) 2 39.4Mt @ 102ppm Ta2O5 ► Dominant 2,315km2 Gascoyne explor
Slide 13: Malinda Deposit
MALINDA DEPOSIT ► Three main LCT pegmatites M1, M36, M47 – all with excellent widths and high-grade lithium For personal use only assays ► Mineralisation is present from surface to a depth of at least 350m striking E-W for over 2km ► Feasibility level M1 metallurgy completed via 5t pilot process ► L
Slide 14: Malinda Deposit: Metallurgy Testwork
MALINDA DEPOSIT Metallurgy testwork progression for M1 pegmatite For personal use only Locked Pilot Grades Units Batch Cycle Plant Feed Grade %Li2O 1.0 1.0 1.0 Spodumene Concentrate %Li2O 6.0 5.5 5.7 Grade Recovery Breakdown Deslime Losses %Li2O 3.9 3.9 4.2 Mags Losses %Li2O 3.4 3.4 2.8 Mica Prefloa
Slide 15: Yinnetharra Tantalum
YINNETHARRA TANTALUM For personal use only ► Investigate a growing Tantalum MRE ► Updated Tantalum MRE calculated OUTSIDE the Lithium wireframes of: 17.5Mt @ 136ppm Ta2O5 ► Sits within current resource pit shells used for MRE estimations ► TOTAL Malinda Tantalum MRE is: 39.4Mt @ 102ppm Ta2O5 Spatial
Slide 16: Exploration Program 2026
YINNETHARRA LITHIUM PROJECT EXPLORATION PROGRAM 2026 Drilling recommenced January on targets generated by For personal use only ► ongoing field work, soil sampling and detailed mapping ► Geotechnical drilling across Malinda completed ► Scheduled heritage, flora and fauna surveys ► Hydrogeology drill
Slide 17: The Delta Strategy
THE DELTA STRATEGY PLAN FOR SUCCESS – EXECUTE THE PLAN For personal use only STRONG FOCUS ON CAPITAL ALLOCATION & CASH PRESERVATION BUILDING UPON CONFIDENCE AT YINNETHARRA AND MT IDA GOAL IS TO DEVELOP AN OPERATING MINE OPEN TO ACQUISITIONS THAT ADD VALUE TO OUR STRATEGY 19 CORPORATE PRESENTATION FE
Slide 18: Investment Highlights Summary
For personal use only Premium Locations Our Team Major Shareholders ► Hardrock Lithium Capital ► Results driven with ► Experienced hardrock of the World proven hardrock lithium lithium partners experience Yinnetharra Mt Ida Upcoming Catalysts ► JORC Lithium resource ► JORC Lithium resource ► Explora
Slide 19: Group Mineral Resource Estimates: Lithium
GROUP MINERAL RESOURCE ESTIMATES Lithium Mineral Resource Estimates For personal use only Delta Lithium Group Mineral Resource Estimate Li2O Cut-off grade Resource Category Tonnes Grade Li2O Grade Grade (Li2O%) (Mt) (Li2O%) (Kt) (Rb2O%) (Ta2O5 ppm) Measured - - - - - Indicated 16.1 1.0 158 - 77 Yinn
Slide 20: Group Mineral Resource Estimates: Tantalum
GROUP MINERAL RESOURCE ESTIMATES Tantalum Mineral Resource Estimates For personal use only Yinnetharra Tantalum ONLY Resource March 2025 Cut-off grade Area Resource category Tonnes (Mt) Li2O% Li2O (Kt) Ta2O5 ppm Ta2O5 (Kt) (Ta2O5ppm) Measured - - - - Indicated 10.4 0.1 12 122 1.3 MALINDA 65 Inferred
Slide 21: Important Notices and Disclaimer
IMPORTANT NOTICES AND DISCLAIMER DISCLAIMER For personal use only You must read the following notices before reading or making any use of this document or any information contained in this document. Investment risk By continuing to read, use or otherwise act on this document, you agree to be bound b
Slide 22: Important Notices and Disclaimer: Competent Person Statement
IMPORTANT NOTICES AND DISCLAIMER COMPETENT PERSON STATEMENT JORC and Listing Rules Compliance Statement ► mineral resource estimates are extracted from Delta’s ASX announcements of a) 19 October 2022 and entitled “Maiden Lithium Mineral Resource Estimate at Mt Ida“, and for which the consents of the
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