Sigma Lithium Corporation · NASDAQ:SGML
Sigma Lithium — Q3 2022 Earnings Presentation
29 slides from Sigma Lithium's earnings presentation, Nov 18, 2022
Slide 1: Sigma Lithium Corporation Management's Discussion and Analysis
SIGMA LITHIUM CORPORATION MANAGEMENT’S DISCUSSION AND ANALYSIS THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2022 (Expressed in thousands of Canadian dollars, except per share amounts or unless stated otherwise)
Slide 2: Sigma Lithium's Corporate Targets of Creating Value in a Sustainable Way
Figure 2 : Sigma Lithium’s Corporate Targets of Creating Value in a Sustainable Way
Slide 3: Major Corporate Targets
Major Corporate Targets Achlove Phaso 1 ‘Commercial Production Organic Production Growth (Phases 28 3) ‘Commissioning expected to commence by YE-2022 O O Plame _InProrors Competed Phase 2: potential for 2024 Phace3:TBD ie O Panes __laPraneee Completed Biodiesel conversion and carbon in-setting by 20
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Slide 5: Secondary / Tertiary Crusher Installation
Figure 5 : Secondary / Tertiary Crusher Installation Figure 6 : Construction of Crushed Ore Bin Area
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Slide 7: Concentration (DMS) Plant Construction
Figure 7 : Concentration (DMS) Plant Construction Figure 8 : Construction of Power Substation
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Slide 10: Health & Safety and Detailed Engineering & Procurement
Note: the 3D rendering is just of the Phase 1 Greentech Plant and does not include any expansionary infrastructure that would be built if the Greentech Plant is expanded (as is being investigated in the Phase 2 & 3 PEA). Health & Safety Health and safety remain Sigma Lithium’s primary focus at the c
Slide 11: CR EE
CR EE => > Ce = ss eo = | armor /Brainage e
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Slide 13: Phase 1 North Pit Mining
Note: For Figure 11, the Phase 1 North Pit is on the left side of the image and the waste dump area is in the central area. Figure 13 : Phase 1 North Pit Mining (closer view) Figure 14 : Removal of Waste Rock
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Slide 15: Estimated Timeline to Phase 1 Mining
Figure 15 : Estimated Timeline to Phase 1 Mining
Slide 16: = =
= 2 =
Slide 17: Production Forecast
Production Forecast 3 ‘Phase 1: In Construction 270,000 tpa (30,700 t LCE) (Gasecion Updated FS) 2H23. Phase 2 & 3: PEA to be Completed in the Q4-2022 Potential to t production from Phase 3 (M81 resource of 23.3 Mt @ 1.49% LI,0) Phase 2: PFS Completed Q2-2022 ‘Additional 261,100 tpa (35,500 t LCE) P
Slide 18: Drill hole legend
Legend Hols Dele 2018, (Hoes Deed 2022 I oles Planned 2022
Slide 19: DHMURS2 og
20m, 1.57 2054) DHMURS2 og 6m 1.642066) — Dinu fm, LS812008) iam 1712086) —t5m, 1522095) 30m. 1.531:2046)
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Slide 21: Representative Phase 4 Drilling Intercepts
DH-MUR-26 269 ° 60 ° 248 155 220 65 1.52 % DH-MUR-39 270 ° 60 ° 281 224 245 21 1.24 % DH-MUR-48 - 90 ° 250 84 102 18 1.97 % DH-MUR-54 - 90 ° 297 240 259 19 0.82 % DH-MUR-82 - 90 ° 382 218 284 66 1.64 % Note: Figure 19 is a cross section of the central part of the purple zone in Figure 17; Figure 20
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Slide 23: Drilling Intercepts from Targets Near Phase 1 and Phase 2
RC-PRO-05 10 ° 70 ° 60 35 49 14 1.14 % RC-AUG-02 - 90 ° 72 41 50 9 1.43 % Table 5 : Key Highlight Indicative Drilling Intercepts from the Target Near Phase 1 Drillhole Azimuth Dip Depth From To Thickness Grade (m) (m) (m) (m) (Li 2 O %) RC-PRO-04 10 ° 80 ° 1.12 % RC-PRO-08 - 90 ° 1.55 % Table 6 : Ke
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Slide 25: Homecoming Employment Program; Education Program for Mining Technicians
Figure 25 : Homecoming Employment Program Figure 26 : Education Program for Mining Technicians
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Slide 29: Programs planned for the fourth quarter of 2022
Sigma Lithium plans to introduce the following programs during the fourth quarter of 2022: § Family Planning & Combating Violence Against Women Program: Sigma Lithium plans to introduce a program targeting >1,000 women in the Jequitinhonha Valley region to educate them about family planning and comb