Livium has signed a new expanded recycling agreement with BYD Australia, superseding the prior agreement with BYD Auto. This new expanded agreement includes commercial vehicle battery ranges, battery energy storage systems, and New Energy vehicle batteries. Livium is appointed as the preferred supplier for recycling services for BYD Australia under this agreement. This partnership with BYD aligns with Livium's focus on securing long-term battery recycling contracts and diversifying its sources. Moving forward, the company aims to expand its service provision beyond Australia to New Zealand, the Pacific Islands, and the greater Oceania region.

The New Agreement, commencing on May 1, 2025, for an initial term of 3 years, showcases confidence in Livium as a battery recycler of choice. This collaboration represents an exciting opportunity to enhance service accessibility and strengthen regional environmental outcomes. Investors are encouraged to reach out with any questions they may have about this agreement or Livium's future plans. We are excited about the opportunities this partnership brings and look forward to updating you on our progress.