Lake Resources (LKE) investor relations material

Leadership and corporate overview

• Leadership team has extensive experience in mining, engineering, and energy transition sectors, with strong ties to Argentina and a focus on responsible lithium development.

• Board members have backgrounds in global resource companies, project delivery, and strategic advisory.

• Shareholder structure is predominantly retail (89.7%), with institutional (0.6%) and insider (9.7%) ownership.

• Share price outperformed the market over the past year, with a 152% increase over 12 months.

• Cash position at A$15.8M and no debt as of March 2026.

Strategic execution and financial management

• Completed Kachi Phase 1 DFS Addendum and initiated strategic partnering for the project.

• Organization right-sized, reducing cash burn by 45% in 2025 compared to 2024.

• Raised capital to extend financial runway and sold non-core assets.

• Funds allocated to finalize EIA, evaluate power options, and advance strategic alternatives.

• Ongoing focus on cost optimization and financial flexibility for operational priorities.

Kachi project update

• Kachi is a major lithium asset in Argentina, with 11.1 Mt LCE total resource and 25-year mine life.

• Phase 1 DFS Addendum completed, confirming 25 ktpa battery-grade lithium carbonate plant and potential for expansion.

• Ore reserve statement confirmed average lithium grade of 268 mg/L.

• Power supply FEED completed and EIA approval expected in 2026.

• Project is near shovel-ready, with key environmental and regulatory milestones achieved.