Noa Lithium Brines Inc · TSXV:NOAL

Noa Lithium Brines — Investor Presentation (August 2025)

25 slides from Noa Lithium Brines's investor presentation, August 2025

  1. Slide 1: The Newest Player in the Most Prolific Lithium-Producing District in the World

    NOAL: TSX-V The Newest Player in the Most Prolific Lithium-Producing District in the World. August 2025 1

  2. Slide 2: Disclaimer

    DISCLAIMER The information in this presentation includes certain “forward-looking statements” under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unkn

  3. Slide 3: Investment Highlights

    INVESTMENT HIGHLIGHTS One of the Last High- Low-Risk Multi-Asset Growth Experienced and Grade Undeveloped Development Path: Platform: NOA's portfolio Aligned Leadership: Management has a Projects: Few lithium High lithium includes Rio Grande strong capital stake in brine projects remain concentratio

  4. Slide 4: The Place to Be for Lithium

    THE PLACE TO BE FOR LITHIUM Salars in the triangle are among the highest-grade, lowest cost operations in the world. Argentine legal regime regulates lithium as any other mineral. Lithium concessions are granted to private parties; there are no limits on concessions, production or exports as seen in

  5. Slide 5: The Lithium Triangle

    THE LITHIUM TRIANGLE Home to NOA’s projects, holds the world’s best lithium resources in terms of costs & grades NOA’S THREE MAJOR SALARS: ✓ Rio Grande (37k ha) ✓ Arizaro (78k ha) ✓ Salinas Grandes (10k ha) 50 km

  6. Slide 6: Experienced Leadership

    EXPERIENCED LEADERSHIP Founded and Led by a Team With Significant Previous Success Specifically in the Region, both in Lithium & Other Metals. Board & Management Have Significant Industry Experience Hernán. Gabriel. Miguel Zaballa,. Rubacha, | EXECUTIVE CHAIRMAN | CEO & DIRECTOR ● Argentina-based mi

  7. Slide 7: Capital Structure

    CAPITAL STRUCTURE June 11, 2025 *All financial figures in C$ Total Shares Out ~229M Management and Founders Ownership ~24% 33% Warrants out (exercisable $0.2/0.221/0.5/0.6) ~169M 35% Warrants held by Mgmt./Founders ~25% Options out 16.3M Market Cap C$92M 9% 14% 10% ■ Other Investors ■ Clean Elements

  8. Slide 8: Lithium Market

    LITHIUM MARKET FORECAST CONTINUES TO BE PROMISING ● Additional 1.5Mt are needed from the current level (125% increase) ● Approximately 15% CAGR ● 30 new 30,000 tpa. should be built before 2030 to meet the demand NOAL: TSX-V | 8 Source: Benchmark Minerals

  9. Slide 9: Lithium Market: EV + ESS

    LITHIUM MARKET EV + ESS ● CATL, the largest battery producer, is estimating a large increase in the ESS demand for lithium ● ESS may add 1.75Mt to current forecasts ● This may drive to a deficit market to 2030 NOAL: TSX-V | 9 Source: Benchmark Minerals

  10. Slide 10: Río Grande

    RÍO GRANDE NOAL: TSX-V | 10

  11. Slide 11: Río Grande

    RÍO GRANDE ● ~37,000 ha in and around the salar; one of the largest claimholders on the salar along with Litica/Pluspetrol ● Significant existing data - geoelectric studies, surface sampling & drilling ● Potential for growth (less than 15% of the properties drilled) ● Initial Drilling Campaign compl

  12. Slide 12: Río Grande Drill & Development Plan

    RÍO GRANDE DRILL & DEVELOPMENT PLAN INITIAL DRILLING CAMPAIGN INCLUDED: ● 5 holes (~600 m each) (four considered in Maiden Resource) ● Packer sampling of brine during drilling (density electrical conductivity, total dissolved solids, pH, temperature) ● Brine samples for full geochemical analyses, in

  13. Slide 13: Río Grande Drill Results

    RÍO GRANDE DRILL RESULTS HOLE #1: ● ~230 m of Li brine ● 71 m of avg 433 mg/l Li starting at 101 m ● 158 m of avg 773 mg/l Li starting at 311 m ● Max grade of 925 mg/l HOLE #2: ● ~300 m of Li brine ● 158 m of avg 440 mg/l Li starting at 17 m ● 149 m of avg 485 mg/l Li starting at 317 m ● Max grade o

  14. Slide 14: Río Grande Project Development

    RÍO GRANDE PROJECT DEVELOPMENT ● 5 holes (~600 m each) ● Maiden resource of approx. 4.7 M tons LCE (M&I + I) ● Measured and Indicated: 2.7M tons LCE / Inferred: 2.0M tons LCE ● High concentration lithium: Avg. 525 mg/l ● Potential for growth: Only a fraction of the properties has been drilled (appro

  15. Slide 15: Río Grande Project Development: PEA

    RÍO GRANDE PROJECT DEVELOPMENT Flexibility for Project Development Preliminary Economic Assessment (PEA) ● Brine chemistry with high Lithium ● PEA will be based on conventional concentration suitable for conventional solar evaporation process, minimizing risk for the evaporation development of the p

  16. Slide 16: Río Grande Project Development Timeline

    RÍO GRANDE PROJECT DEVELOPMENT Project Development 2023 2024 2025 2026 2027 2028 Q2 Q3 Q4 Q1 Q Q3 Q4 Q1 Q Q3 Q4 Q1 Q Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 2 2 2 Initial Exploration Maiden Resource Updated Resource Estimate Preliminary Economic Assessment (PEA) Exploration – Increase Resource – Pumping Feasibility

  17. Slide 17: Brine Projects in NW Argentina

    BRINE PROJECTS IN NW ARGENTINA High Concentration Mid-Range Concentration Low Concentration Projects +700mg/l Projects +450-700mg/l Projects* +200-400mg/l ● Salar del Hombre Muerto ● Cauchari-Olaroz (Ganfeng, ● Rincon (Rio Tinto, Argosy, (Rio Tinto, POSCO, Galan,, Lithium Americas, Rio Tinto) Argent

  18. Slide 18: Arizaro

    INO Baines ARIZARO NOAL: TSX-V |

  19. Slide 19: Arizaro

    ARIZARO ● One of the least explored salars in Argentina; NOA has ~78,000 ha at the salar ● Next to Lithium Chile’s already explored claims (w/ >500 mg/L Li at depth) ● Other companies on salar: Pluspetrol, Eramet, Tibet Summit, Hanaq ● Close to Arizaro railway station + good road access ● Geophysics

  20. Slide 20: Salinas Grandes

    SALINAS GRANDES NOAL: TSX-V | 20

  21. Slide 21: Salinas Grandes

    SALINAS GRANDES ● 10,200 ha in the alluvial /salar ● Surrounded by properties already explored by Orocobre (later LSC and now Pluspetrol) ● NI 43-101 report by LSC in 2013 ● Excellent geophysics results in TEM and VES done by NOA ● Fully paved road access, 40 km from rail station ● Nearby Puna gas p

  22. Slide 22: Path Forward

    INOW 23022 Path Forward NOAL: TSX-V

  23. Slide 23: Three-Project Portfolio

    THREE-PROJECT PORTFOLIO ONLY ONE VALUED BY THE MARKET. ALL IN THE SAME JURISDICTION. One project de-risked. Value partially unlocked. Two projects to unlock additional Rio Grande: value for the shareholders. ● ~37,000 ha ● 4.7 M t LCE @ 525mg/l Li Arizaro: ● PEA Underway. Report in Q3 2025 ● ~78,000

  24. Slide 24: NOA Plan Overview

    NOA PLAN OVERVIEW DRILLING CAMPAIGN | Project RIO GRANDE ARIZARO SALINAS GRANDES | Plan ● Resource Expansion ● Develop the project ● Maiden Resource ● Pumping Wells with a partner ● Water Exploration ● Maiden Resource ● PEA: Preliminary Economic Assessment | Description ● 2-3 holes to better define

  25. Slide 25: Contact

    | NOAL: TSX-V CONTACT info@noalithium.com

NOA Lithium Brines — Investor Presentation (August 2025) on 6ix