Livium Ltd announces a A$6.6m net asset following improvements to the Company’s financial position, recognised following preparation of the FY25 Annual Report, and following the recent formation of the 50:50 JV with MinRes:

• A$2.1m or 25% reduction in the provisions associated with the 2019 Envirostream fire insurance claim has been implemented in FY25

• A$1.6m deferred tax asset was recognised in FY25 from delivery of Envirostream’s maiden tax profit for the financial year and with the expectation of ongoing tax profits

• LieNA® will now be equity accounted resulting in a A$2.9m uplift in net assets in FY26 following the conversion of the convertible note and formation of the 50:50 JV with MinRes

The Company's CEO, Simon Linge, highlights these improvements as a result of strategic targets achieved. The Company looks forward to the resolution of insurance claims, which will impact the provision carry value. These developments provide Livium with a stronger financial foundation to accelerate the growth of its core recycling operations. We invite investors to inquire further about this announcement and its implications for Livium's future growth and sustainability. The Company remains committed to leading the transition to sustainable lithium production through its innovative technologies and strategic partnerships.