Announcement PDF 12 August 2020 Share purchase plan cleansing notice Notice under ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 Lithium Australia NL (ASX: LIT, ‘the Company’) refers to its announcement of 12 August 2020 under which it was announced that eligible shareholders will have the opportunity to purchase new shares in the Company up to the value of $30,000 under a share purchase plan (Plan). The Plan will be offered in accordance with ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547. It is a condition of that Instrument that the Company gives ASX this notice within the 24 hour period before the offer under the Plan is made. Accordingly, the Company gives notice under paragraph 7(f)(ii) of ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547 that: (a) The Company will make offers to issue shares under a Share Purchase Plan without disclosure to investors under Part 6D.2 of the Corporations Act 2001 (Cth) (Act). (b) This notice is given in accordance with ASIC Corporations (Share and Interest Purchase Plans) Instrument 2019/547. (c) As at the date of this notice: (i) the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company; (ii) the Company has complied with section 674 of the Act; and (iii) there is no information which is “excluded information” within the meaning of sections 708A(7) and 708A(8) of the Act which is required to be disclosed by the Company. Authorised for release by the Board. Adrian Griffin Managing Director Mobile +61 (0) 418 927 658 Adrian.Griffin@lithium-au.com Barry Woodhouse CFO and Company Secretary Mobile +61 (0) 438 674 259 Barry.Woodhouse@lithium-au.com About Lithium Australia NL Lithium Australia aims to create a circular battery economy, enhancing sustainability and energy security in the process. Recycling spent lithium-ion batteries is intrinsic to this plan. As the Company continues to rationalise its portfolio of lithium projects/alliances, R&D on its proprietary lithium extraction processes is ongoing, while marketing of its renewable-energy storage systems for the Australian market recently commenced. Through resources, research and innovation, Lithium Australia seeks to vertically integrate lithium extraction, processing and recycling, providing investors with ethical, diversified exposure to the fast-growing battery and energy-metals sectors. ASX ANNOUNCEMENT Lithium Australia Page 1