Galan Lithium Limited · ASX:GLN
Galan Lithium — Prospectors and Developers Association of Canada (PDAC) Convention 2026
16 slides from Galan Lithium's conference presentation, March 2026
Slide 1: HMW: The World's Next Low-Cost Lithium Producer
HMW THE WORLD’S NEXT LOW-COST LITHIUM PRODUCER Prospectors and Developers Association of Canada (PDAC) Convention MARCH 2026
Slide 2: Galan (ASX:GLN) – Corporate Snapshot
GALAN (ASX:GLN) – CORPORATE SNAPSHOT An accomplished and aligned Board with relevant South American experience CAPITAL STRUCTURE BOARD Share price1 A$0.40 o Experienced corporate lawyer Richard Homsany Shares on issue 1,238 b. o Principal of Cardinals Lawyers Non Executive o Exec. Chair of Toro Ener
Slide 3: 2026 From Developer to Producer
2026 FROM DEVELOPER TO PRODUCER First production from one of the world’s lowest cost lithium projects 2026 will be a landmark year for Galan 1H 2026 will see Galan produce first lithium chloride concentrate from (HMW) o Construction and commissioning nearing completion o Strong balance sheet support
Slide 4: HMW: Project Execution, Production, Expansion
HMW: PROJECT EXECUTION Project Delivery to Project Growth > PRODUCTION > EXPANSION Executing on a Top 10 Global Growth Plan Phase 2 Lithium Resource Financing and Construction 2019 Phase 1 Phase 1 Expansion o Discovery well drilled, marking inception of Construction 5,200ktpa HMW Completion on track
Slide 5: Timing Is Everything
TIMING IS EVERYTHING GLN execution at HMW sees production well timed to cycle LITHIUM CARBONATE (CHINA, BATTERY-GRADE) – USD/t1,2 Notes: 4. Lithium carbonate price references are based on publicly available market data for China battery-grade lithium carbonate, including Trading Economics 1. Jan 202
Slide 6: Galan's Competitive Advantages
GALAN’S COMPETITIVE ADVANTAGES Funded, high grade, low-cost near-term producer with tax and other fiscal benefits 1 Scale and Grade – Global top-10 lithium resource; highest grade brine in Argentina, lowest impurity profile1 LITHIUM CARBONATE EQUIVALENT COST CURVE (2028)2 2 Imminent production –Firs
Slide 7: Low Risk, Phased Production Growth
LOW RISK, PHASED PRODUCTION GROWTH Employing a proven development path to produce a lithium chloride product in high demand PHASED DEVELOPMENT TO 60ktpa LCE Hombre Muerto o Tier-one salar with over 20 years of lithium production history o Excellent brine chemistry. High grades with low impurities Pr
Slide 8: Argentina – A Leader in Lithium Mining
ARGENTINA – A LEADER IN LITHIUM MINING A rich endowment of lithium is paired with a fiscal framework designed to encourage foreign investment MAP OF THE SOUTH AMERICAN LITHIUM TRIANGLE AND OF GALAN’S TENURE Leading Mining Jurisdiction o Argentina holds the world’s 2nd largest lithium resources and i
Slide 9: Strategic HMW Partnership
STRATEGIC HMW PARTNERSHIP A scalable foundation for success - best in class brine and processing technology NANO-FILTRATION PLANT AT HMW Galan and Authium Strategic Partnership – De-Risking HMW o De-risked pathway to first production Authium’s proven nano-filtration technology accelerates commercial
Slide 10: Favourable Dynamics for Low-Cost Brine Producers
FAVOURABLE DYNAMICS FOR LOW-COST BRINE PRODUCERS Strong lithium demand growth underlies the continued investment in brine assets and the downstream sector LITHIUM MARKET DEMAND (LCE kt)1 Robust lithium demand o Greater than 3 – 4 times lithium demand growth from 2025 to 2030, driven by faster electr
Slide 11: Appendix
A Appendix 11
Slide 12: Greenbushes South Lithium Project, Western Australia (100% Owned)
GREENBUSHES SOUTH LITHIUM PROJECT, WESTERN AUSTRALIA (100% OWNED) o ~315km2 landholding located about 250km south of Perth, along the Donnybrook-Bridgetown Shear Zone. o Geological setting directly analogous to the world-class Greenbushes lithium system o Maiden + extended diamond drilling completed
Slide 13: Important notice and disclaimer
Important notice and disclaimer This presentation has been prepared by Galan Lithium Limited. Competent Persons The information contained herein that relates to exploration results and geology is based on information compiled or reviewed by Dr Luke Milan, who has consulted to the Company. Dr Milan i
Slide 14: Mineral Resource Estimate
Mineral Resource Estimate MINERAL RESOURCE STATEMENT FOR CANDELAS1 MINERAL RESOURCE STATEMENT FOR HOMBRE MUERTO WEST2 In situ Li Avg. Li LCE Avg. K In situ K KCl Equiv. In situ Li Avg. Li LCE Avg. K In situ K KCl Category Category (kt) (mg/l) (kt) (mg/l) (kt) (kt) (kt) (mg/l) (kt) (mg/l) (kt) Equiv.
Slide 15: Ore Reserve Statement
Ore Reserve Statement Ore Reserve Statement for Hombre Muerto West (effective date September 2023) Production Period Pumped Brine Vol. Avg. Li grade Ore Reserve Category Well Field Li Metal (kt) LCE (kt) (Years) (Mm3) (mg/L) West 1-7 34.9 30.8 884.0 101.2 Proven Santa Barbara - - - - - 1-7 1.8 1.5 8
Slide 16: Peer Comparison
Peer Comparison Global Top 10 Production and Construction Projects Mineral Resources (including Ore Reserves) in Lithium Carbonate Equivalent (LCE Mt) Total Project Operator Stage Type Measured Indicated Inferred Resources Li Grade Information Source Lithium Thacker Pass Construction Clay 8.0 36.5 2
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