Edison Lithium Corp. — Regulatory Filings 2021

Jul 29, 2021

FORM 51-102F3 MATERIAL CHANGE REPORT

Item 1: Name and Address of Company

Edison Cobalt Corp. (the “ Company ”) Suite 820, 1130 West Pender Street Vancouver, BC, Canada V6E 4A4

Item 2: Date of Material Change

July 28, 2021

Item 3: News Release

The Company disseminated a news release in respect of the material change referred to in this report on July 28, 2021, through the news dissemination service of Newsfile Corp. and a copy was subsequently filed on SEDAR.

Item 4: Summary of Material Change

The Company announced will be changing its name from “Edison Cobalt Corp.” to “Edison Battery Metals Corp.” to better reflect the direction of the Company. The common shares of the Company will commence trading effective July 30, 2021 (the “ Effective Date ”) under the new name of Edison Battery Metals Corp. The trading symbol of EDDY on the TSX Venture Exchange will remain the same. On the Effective Date, the Company’s new CUSIP number will be 28085A106 and its new ISIN will be CA28085A1066.

Item 5: Full Description of Material Change

The Company announced that it will be changing its name from “Edison Cobalt Corp.” to “Edison Battery Metals Corp.” to better reflect the direction of the Company.

The TSX Venture Exchange (the “ TSXV ”) has approved and confirmed that the Company’s common shares will commence trading effective July 30, 2021 (the “ Effective Date ”) under the new name of Edison Battery Metals Corp. The trading symbol (“ EDDY” ) on the TSXV remains the same. On the Effective Date, the Company’s new CUSIP number will be 28085A106 and its new ISIN will be CA28085A1066.

There is no consolidation of the Company’s share capital in connection with the name change. As a result, shareholders are not required to exchange their existing share certificates for new certificates bearing the Company’s new name. The name change does not affect the Company’s share structure or the rights of the Company’s shareholders, and no further action is required by existing shareholders.

Pursuant to the provisions of the Business Corporations Act (British Columbia) and the Articles of the Company, the change of name was approved by way of resolutions passed by the board of directors of the Company.

Item 6: Reliance on Subsection 7.1(2) of National Instrument 51-102

Not applicable.

Item 7: Omitted Information

Not applicable.

Item 8: Executive Officer

Nathan Rotstein, Chief Executive Officer and Director Telephone: 416-526-3217

Item 9: Date of Report

July 28, 2021