Critical Metals (CRML) Registration Filing summary

Company overview and business model

• Focuses on heavy rare earth elements, critical metals, and minerals for electrification and next-generation technologies in Europe and Western markets.

• Core assets include the Wolfsberg Lithium Project in Austria and the Tanbreez Rare Earth Mine in Greenland.

• Strategy centers on acquiring, exploring, and developing unique, permitted mining assets benefiting from regulatory tailwinds and demand for sustainable technologies.

• Aims to supply sustainable, low-cost lithium hydroxide and rare earths to European battery, EV, and defense industries.

• Plans to pursue further acquisitions of strategic and complementary assets in the critical metals sector.

Financial performance and metrics

• As of June 30, 2025, cash and cash equivalents were $7.3M (actual) and $87.2M (as adjusted for PIPE transactions).

• Total equity was $91.9M (actual) and $171.8M (as adjusted).

• 117,704,394 Ordinary Shares outstanding as of October 16, 2025.

Use of proceeds and capital allocation

• Will not receive proceeds from the sale of shares by the selling securityholder.

• Will receive proceeds only from the cash exercise of PIPE Warrants, with exercise prices at $7.00 and $0.0001 per share.

• Proceeds from warrant exercises depend on market price; if exercised on a cashless basis, cash proceeds decrease.