Critical Elements is advancing the wholly owned, high purity Rose lithium project in Québec, the Corporation’s first lithium project to be advanced within a land portfolio of over 850 square kilometers. On June 13th, 2022, the Corporation announced results of a feasibility study on Rose for the production of spodumene concentrate. The after-tax internal rate of return for the Project is estimated at 82.4%, with an estimated after-tax net present value of US$1.9 B at an 8% discount rate. In the Corporation’s view, Québec is strategically well-positioned for US and EU markets and boasts good infrastructure including a low-cost, low-carbon power grid featuring 93% hydroelectricity. The project has received approval from the Federal Minister of Environment and Climate Change on the recommendation of the Joint Assessment Committee, comprised of representatives from the Impact Assessment Agency of Canada and the Cree Nation Government and also received the Certificate of Authorization pursuant to section 164 of Québec’s Environment Quality Act from the Québec Minister of the Environment, the Fight against Climate Change, Wildlife and Parks. Waiver & Disclaimer If you register for this podcast/interview you agree to the following; This podcast/interview is provided for information purposes only. Presenters will not be providing legal or financial advice to any webinar/interview participants or any person watching a recorded version of the podcast/interview. All webinar/interview participants or any person watching a recorded version of this webinar should obtain independent legal and financial advice. All podcast/interview participants accept and grant permission to Bloor Street Capital Inc. and its representatives in connection with such recording. The information contained in this podcast/interview is current as of January the 6th, 2023, the date of this podcast/interview, unless otherwise indicated, and is provided for information purposes only. This information is in a summary form and does not purport to be complete. It is not intended to be relied upon as financial or legal advice to investors or potential investors.

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