Update on Envirostream Insurance Claims
Released
Released
Announcement PDF
ASX RELEASE
ASX : LIT
10 September 2026
15 Marwen Drive, investorhub.liviumcorp.com T: +61 (0) 3 7017 2656
Derrimut, Victoria 3 026 liviumcorp.com E: info@liviumcorp.com Page 1of 2
Livium Ltd | ACN: 126 129 413
Update on Envirostream Insurance Claims
Highlights
• Settlements reached with four claimants following recent mediation
• Claims are indemnified by Envirostream’s insurer, with no settlement cash outflow by Livium
• A$1.765m aggregate settled by insurer for fire that occurred at EVS ~7.5 years ago
• Further mediation planned in relation to remaining claims in coming weeks
Livium Ltd (ASX: LIT) (“Livium” or the “Company”) provides the following update in relation to legal proceedings
arising from the fire at Envirostream Australia Pty Ltd’s former premises at 31 Colbert Road, Campbellfield, Victoria on 19
January 2019.
As previously advised, the legal proceedings have continued to advance through the Court process. The claims resulted
in a A$5.4 million provision being recognised in the Group’s balance sheet as disclosed in the Company’s Appendix 4E
and Preliminary Final Report for the year ended 30 June 2026 . Envirostream (EVS ) has been indemnified by its insurer in
respect of the claims and, accordingly, settlement of the claims does not result in a cash outflow by Livium.
Following recent mediation and settlement discussions, the Company has been advised that settlements have now been
reached with four claimants for an aggregate settlement value of approximately A $1.765 million.
There are two remaining claims and f urther mediation is planned in the coming weeks.
As disclosed in the Company’s Appendix 4E and Preliminary Final Report for the year ended 30 June 2026, the timing
and ultimate outcome of the claims remained uncertain at the date of that report. Given the proceedings remain ongoing
and the Company is awa iting complete information regarding the settlements and remaining claims, it is not yet possible
to determine the impact of these developments on the A$5.4 million provision previously recognised as at 30 June 2026.
The Company will continue to keep the market informed as the remaining proceedings advance and further information
becomes available.
Authorised for release by the Livium Board .
Simon Linge
Managing Director / CEO
Mobile +61 (0) 438 721 280
simon.linge@liviumcorp.com
Stuart Tarrant
Chief Financial Officer
Mobile +61 (0) 467 817 005
stuart.tarrant@liviumcorp.com
ASX RELEASE
ASX : LIT
10 September 2026
15 Marwen Drive, investorhub.liviumcorp.com T: +61 (0) 3 7017 2656
Derrimut, Victoria 3 026 liviumcorp.com E: info@liviumcorp.com Page 2 of 2
Livium Ltd | ACN: 126 129 413
About Livium
Livium Ltd (ASX: LIT) is Australia’s leading battery recycler through its wholly owned subsidiary Envirostream — a
profitable business focused on the recovery of valuable materials from end -of-life batteries.
Building on this foundation, Livium is expanding into adjacent opportunities including recycling of rare earth elements and
solar panels, and the processing of black mass — strengthening Australia’s clean -energy supply chain.
Forward -looking statements
This announcement contains forward -looking statements. Forward -looking statements are subject to a variety of risks
and uncertainties that it is beyond the Company’s ability to control or predict and which could cause actual events or
results to differ materially from those anticipated in such forward -looking statements. Investors should be aware that past
performance should not be relied upon as being indicative of future performance.
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