Galan Lithium (GLN) Investor presentation summary

Corporate overview and leadership

• Board comprises experienced professionals with backgrounds in mining, corporate law, and capital markets, including significant South American expertise.

• Market capitalization stands at A$495 million undiluted, with A$42.9 million in cash and no debt as of February 2026.

• Shareholder base includes directors, management, and institutional investors.

Project development and production timeline

• First lithium chloride concentrate production from HMW targeted for H1 2026, with construction and commissioning nearing completion.

• Phase 1 expansion to 5.2 ktpa LCE is fully funded, with cash flow generation expected to begin in 2026.

• Project execution milestones include discovery in 2019, construction approvals in 2023, and advanced construction in 2024.

Resource and reserve highlights

• HMW project ranks among the top 10 global lithium resources, with a total resource of 7.9 Mt LCE at 883 mg/l Li.

• Proven and probable ore reserves total 806.4 kt LCE at an average grade of 864.2 mg/l Li.

• Candelas project adds further indicated and inferred resources, supporting future growth.