Andrada Mining (ATM) Investor presentation summary

Project portfolio and regional focus

• Operates in Namibia's Erongo region with a diversified pipeline including tin, lithium, tantalum, tungsten, and copper projects.

• Holds licenses over 351 km², with flagship assets at Uis Mine, Lithium Ridge, and Brandberg West.

• Only AIM-listed tin producer, with Uis Mine as a cash-generating asset and significant lithium and tungsten exposure.

Growth strategy and funding

• Aggressive drilling and expansion campaigns underway, including third drill rig at Brandberg West.

• Growth funded through equity, institutional lenders, and strategic partnerships with SQM, ACAM LP, and the European Investment Bank.

• Clear focus on increasing tin production and advancing lithium projects through staged feasibility and funding.

Uis Mine development and timeline

• Transitioned from pilot to commercial tin production in five years, with ongoing expansion.

• Key milestones: AIM listing (2017), first tin concentrate (2019), tantalum addition (2023), lithium feasibility and funding (2025-2026), and first lithium concentrate (2028).

• Targeting a 60% increase in tin/tantalum output and advancing lithium to bankability.