Slide 1: Infinity to present at the RIU Explorers Conference
15 FEBRUARY 2024 INFINITY TO PRESENT AT THE RIU EXPLORERS CONFERENCE Infinity Lithium Corporation Limited (‘Infinity’, or ‘the Company’) Managing Director and CEO, Ryan Parkin is pleased to be presenting at the RIU Explorers Conference hosted by Vertical Events today. A copy of the presentation is a
Slide 2: The San José Lithium Project
| seery 15 FEBRUARY 2024. _THE SAN JOSE LITHIUM PROJECT. < A Cr re www.infi ithium.com ASX:INF
Slide 3: Disclaimer - Scoping Study Cautionary Statement
DISCLAIMER Scoping Study - Cautionary Statement The Updated Scoping Study referred to in this announcement has been undertaken to assess the viability of an underground-only mining operation and integrated lithium chemical production facility at San José. It is a preliminary technical and economic s
Slide 4: Disclaimer
DISCLAIMER For Consideration This presentation has been prepared by Infinity Lithium Corporation Limited “Infinity Lithium”. This document contains background information about Infinity Lithium current at the date of this presentation. The presentationis in summary form and does not purport to be al
Slide 5: ~1.6Mt LCE
~1.6MT LCE 26-year which at strike and depth on-site producing battery grade lithium hydroxide 75% interest in San José, QO6Go0e 1. Closing share priceasat 12February 2024 2 Undiluted market capitalisationas 12 February 2024 3. Cashasat 31 December 2023. Refer to Quarterly Cashflow Report 31 January
Slide 6: Major project milestones driving momentum at San José
INFINITY LITHIUM MAJOR PROJECT MILESTONES DRIVING MOMENTUM AT SAN JOSE EXPLOITATION CONCESSION APPLICATION SUBMISSION * Formal lodgement of Exploitation Concession Application with Extremadura Department of Mines! * Collaborative and multi- staged sequential process of assessment * Lodgement <1 year
Slide 7: 1. Referto ASX Announcement November 2023, Refer ASX Announcement 7 September 2023
1. Referto ASX Announcement 9 November 2023, 2 Refer ASX Announcement 7 September 2023 WWW. INFINITYLITHIUM.COM 6 LITHIUM
Slide 8: San José Lithium Project Overview
SAN JOSE LITHIUM PROJECT OVERVIEW ~33kt pa Lithium Hydroxide Monohydrate roduc Ton (LHM) per annum steady state production! Low OPEX driven by increased recoveries and efficiencies! Co-generation of energy from Li-Stream RPK™ reduces net energy inputs Energy Security & Efficienc: eee ae wae . y Miti
Slide 9: Refer to ASX Announcement February 2024
Refer to ASK Ammouncment February 2028 INFINITY WWW. INFINITYLITHIUM.COM 8 LITHIUM
Slide 10: Utilising one of the EU's largest lithium deposits
Utilising one of the EU's largest lithium deposits as ROM Life-of-Mine LHM Average Production feedstock for a fully integrated on-site lithium 2 Mt pa 26 Years 33ktpa conversion facility. ry nna ath | - é 3 - He iw WWW. INFINITYLITHIUM.COM
Slide 11: San José Resource
San José Resource + Lithium bearing mica + One of Europe's largest hard rock lithium deposits + Large homogenous resource + Open along strike and at depth Backend Metallurgy Industry standard processing of lithium liquor and the purification & crystallisation to battery grade end product Conventiona
Slide 12: Resource and Mineralogy
RESOURCE MINERALOGY mineralisation (beyond crushing), calcining or roasting before leaching + Zinnwaldite mica replacement deposit hosted by pelitic shales of the Central Iberian Zone, with lithium mineralisation occurring predominantly within the slates * Host rock comprises roughly equal parts mic
Slide 13: Underground Mining
UNDERGROUND MINING San José Mineral Extraction LOM 2Mtpa ROM eee tonnes & grade 4000 3500 of ROM for direct processing 3000 2,500 Resource access via portal adjacent to processing facility _ vs00 Transport & service decline S00 “00 1,300m Established mineral 123.488 7.8.90 w 1 418 17 18 19.20 21 20.
Slide 14: Processing
PROCESSING ©) Reduced Residence & Processing Times: Simplified and fast conversion process Reduced Unit Operations: No beneficiation & calcining through simplified processing Improved Recoveries & Environmental Profile: Greater than 90% recoveries!— increased production volumes & scale potential2 1.
Slide 15: Exploration Permit granted over extended project area
Exploration Permit Extremadura S.E. granted over extended (9.3ha)project area! Collaboration with regional government and stakeholders Government response received? Streamlining of ensuing environmental submission Option for long-term lease secured over lands proposed for the industrial development
Slide 16: Permitting Advancement
PERMITTING ADVANCEMENT Successful implementation of the permitting strategy has Updated Scoping Study culminated with the lodgement of a Direct Exploitation Engineering study feeding into exploitation Concession Application for the Project concession application Permitting pathway agreed with Govern
Slide 17: Regional Strategic Focus
REGIONAL STRATEGIC FOCUS San José Awarded €18.8 million’ * Critical Raw Materials Act formally * Grant funding awarded to progress the . approved San José Lithium Project * €500million European Battery Raw * Funds awarded under PERTE VEC Il Materials Fund launched by EIT * Additional funding opportu
Slide 18: San José Lithium Project
1 2. European Automobile Manufacturers’ Assoc. https//www.aceaauto/figure/interactive-map-automobile-assembly-and- SAN JOSE LITHIUM PROJECT Invest in Spainhttps://www.investinspain.org/content/icex-invest/en/sectors/automotive productionplants-in-europe/ v7 Proposed Gigafactory C3) BASQUEVOT E> Sige
Slide 19: Schedule
SCHEDULE H2 H1 H2 H2 HI H2 Milestones Achieved Milestone? 2 | a7 | 27 | 28 Exploration Permit Granted’ Exploitation Concession Application EIASD* Received? PREMIA** Application Construction Permit Application Updated Scoping Study completed* Construction Phase 1 (preliminary works, demonstration pla
Slide 20: Infinity
INFINITY WWW. INFINITYLITHIUM.COM 19 LITHIUM
Slide 21: Resource remains open along strike and at depth
Resource remains open along strike & at depth 20
Slide 22: Appendix 3: Board of Directors and Management
APPENDIX 3: BOARD OF DIRECTORS AND MANAGEMENT ADRIAN BYASS Non-Executive Chairman JONATHAN WHYTE CFO & Company Secretary WWW. INFINITYLITHIUM.COM RYAN PARKIN CEO & Managing Director JUSTIN SAMULSKI General Manager Corporate Affairs Extremadura New Energies RAMON JIMENEZ Executive Director / CEO DAVI
Slide 23: Appendix 4: Project Evaluation Summary
APPENDIX 4: PROJECT EVALUATION SUMMARY Metric Value Ave LHM production (steady state) ~33,274tpa NPV,»,pre-tax €3,81im US$4,116m IRR pre-tax 25.8% NPV,,post-tax €2,657m US$2,870m IRR post-tax 21.3% Total LHM sales 792,871t Total Revenue LHM €20,130m US$21,740m Ave LHM price (1510 years production) U
Slide 24: Appendix 5: Ownership
APPENDIX 5: OWNERSHIP Clear Path to 100% Call option to move to 100% any time prior to FID Administrative Control Infinity holds 75% interest in Project Referto ASX Announcement Updated Scoping Study: 8 November 2023 WWW. INFINITYLITHIUM.COM La INFINITY tmvarvumouuconronanon rose (EET | seacyr valor