The Quarterly Activities Report for September 2025 demonstrates significant achievements in our strategic transition towards clean energy waste recycling.

Key highlights include a focus on lithium-ion battery recycling, with revenue of A$1.5m and gross profit of A$0.74m achieved. We also expanded into black mass processing, REE recycling, and PV recycling through strategic partnerships. The company's strong financial position with a cash balance of A$1.8m and a successful A$4.5m placement post-quarter end reflects investor support in our clean energy recycling strategy. We aim to deepen integration across Australia's clean-energy supply chain and diversify our customer service offerings and revenue streams through recycling adjacencies. Partnerships with industry players such as Iondrive, University of Melbourne, and Won Kwang S&T demonstrate Livium's commitment to innovation and sustainability. These partnerships enable them to explore critical mineral opportunities in solar, REE, and cathode materials, showcasing their growth potential in the clean energy sector.