Lepidico : Corporate Presentation - February 2022

ersonal use only

THE GLOBAL LEADER IN LITHIUM MICA PROCESSING

Corporate Update: Shaw & Partners Resources Conference

February 2022

onlyMarket

ASX

Tickuser

LPD

Market Cap

ersonalA$237m

(sh re price A3.8c)

(at 1 February 2022)

Cash

A$10.4m

(no debt)

(at1 31 December 2021)

1

THE FUNDAMENTALS:

VERTICALLY INTEGRATED FROM MINETO LITHIUM CHEMICAL

Lepidico's tech-focused,pilot-proven,ESG-ledbusinessmodel delivers lithium from far less contested mineralsources, with first delivery due in late 2023

Corporate Office,

Toronto, Canada

Phase 1 Chemical

Plant, Abu Dhabi, UAE

8%

31%

61%

Karibib Project, Namibia	Pilot Plant & Registered Office,
Phase 1 Mines &
Perth, Australia
Concentrator

Board and Management

Top 40 Public shareholders

Balance

Corporate Timeline

onlyuse2013-2015

 2013 L-Max® process concept

ersonal 2014 Provisional p tent application

 First continuous lab trials 2015

Legend

 Achieved  Ta get

2

2019	2021
 LOH-Max® provisional	 EPCM contract awarded
patent application	 First product offtake
 Acquisition of TSX-V listed	agreement
Desert Lion Energy &	 Demonstration Plant
Karibib assets	operational

• Pilot Plant confirms viability of L-Max® technology
• First L-Max® patent

protection received

2017

• Pre-FeasibilityStudy complete
• Phase 1 Feasibility

Study starts					2020
										 Inaugural Ore Reserve
										estimates for Rubicon and
						2018			Helicon announced
										 World's only Ore Reserve
						 L-Max® Pilot Plant
							development		estimate for "Critical
2016		 Provisional patent		Minerals" Cs & Rb
				 ASX listing		 Phase 1 Project DFS
					application for
				 Company		Cs & Rb separation		completed
				name change		process			 Namibia ESIA & ESMP
				to Lepidico Ltd		Cs	Rb		completed to IFC Standards
				 PFS starts			 Mandate letter with DFC

2023

 Karibib mining

 Karibib concentrator ore commissioning

 Chemical Plant commissioning starts

 Phase 2 Feasibility Study starts

2022

• Front End Engineering & Design to complete
• By-productofftakes
• Phase 1 full funding package
• Construction starts

THIS IS WHAT WE DO:

FROM MINE TO MARKET - a low carbon value chain

When operations come on onlystream in 2023, lithium

mica ore mined and concentrated in Namibia will be shipped as

concentrate for processing usein the UAE.

Our patented technologies transform the concentrate

into lithium hydroxide - or ersonalcarbonate - as well as in-

demand strategic chemicals, caesium and SOP - and other saleable outputs.

3

ersonal use only

OUR TECHNOLOGIES & ESG