Delta Lithium Limited · ASX:DLI
Delta Lithium — Shareholder Meeting (November 2025)
28 slides from Delta Lithium's shareholder meeting presentation, Nov 27, 2025
Slide 1: AGM Presentation November 2025
For personal use only AGM PRESENTATION November 2025 ASX: DLI deltalithium.com.au
Slide 2: Proven Experience in Our Board
PROVEN EXPERIENCE IN OUR BOARD PROJECT DELIVERY For personal use only Nader El Sayed James Croser Joshua Thurlow Steve Kovac Non-Executive Chairman Managing Director Non-Executive Director Non-Executive Director ► Current Managing Director of ► 25+ years operational, technical ► 20+ years experience
Slide 3: Proxy Results: Adoption of Remuneration Report
Proxy Results For personal use only ► RESOLUTION 1 – ADOPTION OF REMUNERATION REPORT To consider and, if thought fit, to pass, with or without amendment, the following resolution as a nonbinding resolution: “That, pursuant to and in accordance with section 250R(2) of the Corporations Act and for all
Slide 4: Proxy Results: Election of Director Steve Kovac
Proxy Results For personal use only ► RESOLUTION 2 – ELECTION OF DIRECTOR - STEVE KOVAC To consider and, if thought fit, to pass, with or without amendment, the following resolution as a nonbinding resolution: “That, pursuant to and in accordance with Listing Rule 14.5, clause 14.2 of the Constituti
Slide 5: Proxy Results: Approval of 10% Placement Facility
Proxy Results For personal use only ► RESOLUTION 3 – APRROVAL OF 10% PLACEMENT FACILITY To consider and, if thought fit, to pass, with or without amendment, the following resolution as a nonbinding resolution: “That, pursuant to and in accordance with Listing Rule 7.1A and for all other purposes, Sh
Slide 6: Proxy Results: Adoption of Employee Incentive Plan
Proxy Results For personal use only ► RESOLUTION 4 – ADOPTION OF EMPLOYEE INCENTIVE PLAN To consider and, if thought fit, to pass, with or without amendment, the following resolution as a nonbinding resolution: “That, pursuant to and in accordance with Listing Rule 7.2 (Exception 13(b)) and for all
Slide 7: Proxy Results: Performance Rights to Mr James Croser
Proxy Results For personal use only ► RESOLUTION 5 – ISSUE OF PERFORMANCE RIGHTS TO MR JAMES CROSER To consider and, if thought fit, to pass, with or without amendment, the following resolution as a nonbinding resolution: “That, subject to Resolution 4 being passed, pursuant to and in accordance wit
Slide 8: Proxy Results: Renewal of Proportional Takeover Provisions
Proxy Results For personal use only ► RESOLUTION 6 – RENEWAL OF PROPORTIONAL TAKEOVER PROVISIONS To consider and, if thought fit, to pass, with or without amendment, the following resolution as a nonbinding resolution: “That, pursuant to and in accordance with section 648G of the Corporations Act an
Slide 9: Corporate Overview and Major Shareholders
MAJOR SHAREHOLDERS CORPORATE OVERVIEW 23% For personal use only CAPITAL STRUCTURE 42% SHARES ON ISSUE 717.2M 12% PERFORMANCE RIGHTS 9.9M OPTIONS 2.0M 11% 1% MARKET CAP A$158M1 11% CASH A$55M2 SHARES IN ASX LISTED COMPANIES ~A$106M3 Mineral Resources 22.9% Idemitsu 12.0% RESEARCH COVERAGE PROVIDED BY
Slide 10: Western Australian Operations Review
WESTERN AUSTRALIAN OPERATIONS REVIEW Mt Ida Yinnetharra For personal use only ► All Mining Approvals in place ► Lithium/Tantalum MRE ► Lithium/Tantalum MRE 21.9Mt @ 1.0% Li2O and 14.8Mt @ 1.2% Li2O, 170ppm 39.4Mt @ 102ppm Ta2O5 Ta2O5 & 0.42% Rb2O ► Exploration and development ► Gold exposure via 41%
Slide 11: Human Resources and Labour
HUMAN RESOURCES AND LABOUR LABOUR HOURS (STAFF) GENDER DIVERSITY AGE DIVERSITY For personal use only 50+ PERTH 10% 10,679 FEMALE 21-30 41-50 MT IDA 40% 15% 35% 19,125 MALE 60% YINNETHARRA 23,688 31 - 40 40% Total Manhours (including contractors) 71,229 First Aid Incidents 5 Medical Treated Incidents
Slide 12: Cashflow
Cashflow For personal use only 12 CORPORATE PRESENTATION NOVEMBER 2025 ASX: DLI deltalithium.com.au
Slide 13: Mt Ida Lithium Project: Value Creation in the Goldfields
MT IDA LITHIUM PROJECT For personal use only VALUE CREATION IN THE GOLDFIELDS 13 CORPORATE PRESENTATION NOVEMBER 2025 ASX: DLI deltalithium.com.au
Slide 14: 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 Lithium Tantalum Rubidium 14.8Mt @ 1.2% Li2O , 170ppm Ta2O5 , 0.42% Rb2O Includes Measured & Indicated Resources of 7.8Mt @ 1.3% Li2O, 224ppm Ta2O5 & 0.45% Rb2O Su
Slide 15: Mt Ida Gold Demerger
MT IDA GOLD DEMERGER 100% 100% 100% ► Delta separated our Critical Minerals & Gold Assets, BALLARD MT IDA creating significant value for shareholders MINING ELECTROSTATE LITHIUM For personal use only ► Gold Assets at Mt Ida placed into Ballard Mining MT IDA pursuant to a Demerger Deed & Mineral Righ
Slide 16: Mt Ida Lithium & Tantalum Resource
MT IDA LITHIUM & TANTALUM RESOURCE ► 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 S
Slide 17: Mt Ida Rubidium Resource
MT IDA RUBIDIUM RESOURCE ► Highest-grade public MRE – pervasive & coincident high-grade ► Extremely valuable exotic metal – high tech Rubidium adds to the critical mineral inventory applications, optics, quantum engineering, military For personal use only 14.8Mt @ 0.42% Rb2O (no cut-off grade applie
Slide 18: Yinnetharra Lithium Project
YINNETHARRA LITHIUM PROJECT For personal use only GROWING A DISCOVERY IN THE EMERGING GASCOYNE PROVINCE 18 CORPORATE PRESENTATION NOVEMBER 2025 ASX: DLI deltalithium.com.au
Slide 19: Yinnetharra Lithium Project Timeline
YINNETHARRA LITHIUM PROJECT September 2022 Project Acquired November 2023 Secured LCT rights over Dalaroo tenure For personal use only December 2023 Announced Maiden Resource at Malinda, Jameson Prospect discovered Understand regional geology March 2024 Earn-in/JV Agreements with Reach Res &
Slide 20: Solid Progress at Yinnetharra
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 2,100km2 Gascoyne explor
Slide 21: Yinnetharra Exploration Program 2025
YINNETHARRA LITHIUM PROJECT EXPLORATION PROGRAM 2025 Drilling commenced on targets generated by Regional field For personal use only ► work CY2025 including soil sampling and detailed mapping ► Geotechnical drilling across Malinda completed ► Scheduled heritage, flora and fauna surveys ► Hydrogeolog
Slide 22: Investigate a Growing Tantalum MRE
YINNETHARRA LITHIUM PROJECT 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
Slide 23: The Delta Strategy
THE DELTA STRATEGY PLAN FOR SUCCESS – EXECUTE THE PLAN For personal use only STRONG FOCUS ON CAPITAL ALLOCATION & CASH PRESERVATION GROWTH & BUILDING UPON CONFIDENCE AT YINNETHARRA AND MT IDA GOAL IS TO DEVELOP AN OPERATING MINE Thank you OPEN TO ACQUISITIONS THAT ADD VALUE TO OUR STRATEGY 23 CORPOR
Slide 24: 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 25: 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 26: 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 27: 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
Slide 28: Globally Released Rubidium Resources
IMPORTANT NOTICES AND DISCLAIMER Globally Released Rubidium Resources For personal use only 28 CORPORATE PRESENTATION NOVEMBER 2025 ASX: DLI deltalithium.com.au