5E Advanced Materials, Inc. — Director's Dealing 2025

Dec 8, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: 5E Advanced Materials, Inc. (FEAM)
CIK: 0001888654
Period of Report: 2025-12-04

Reporting Person: BEP Special Situations IV LLC (Director, 10% Owner)
Reporting Person: Bluescape Energy Partners IV GP LLC (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-12-04	Common Stock	M	2816346	$3.5507	Acquired	10413695	Direct
2025-12-04	Common Stock	F	2282698	$3.9427	Disposed	8130997	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-12-04	Warrants	$3.5507	M	2816346	Disposed		Common Stock (2816346)	Direct

Footnotes

F1: Bluescape Energy Partners IV GP LLC ("Bluescape GP") is the general partner of Bluescape Energy Recapitalization and Restructuring Fund IV LP, which wholly owns BEP Special Situations IV LLC ("Bluescape", together with Bluescape GP, the "Reporting Persons"). As such, Bluescape GP may be deemed to have beneficial ownership of the securities held by Bluescape. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

F2: The warrants are currently exercisable and will expire on March 13, 2026.

F3: The warrants were acquired pursuant to a Subscription Agreement dated January 14, 2025 among the Issuer, Bluescape, Ascend Global Investment Fund SPC and Meridian Investments Corporation.