Ganfeng Lithium Group Co., Ltd. — Capital/Financing Update 2020

Aug 28, 2020

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(A joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 1772)

COMPLETION OF DISCLOSEABLE TRANSACTION IN RELATION TO THE ACQUISITION OF EQUITY INTEREST IN MINERA EXAR

Reference is made to the announcement of Ganfeng Lithium Co., Ltd. (the “ Company ”) dated February 7, 2020 in relation to the acquisition of equity interest in Minera Exar (the “ Announcement ”). Unless otherwise defined herein, capitalised terms used herein shall have the same meanings as those defined in the Announcement.

COMPLETION OF THE ACQUISITION

The Board is pleased to announce that all the conditions precedent set out in the Transaction Agreement have been fulfilled and completion of the Acquisition took place on August 28, 2020.

By order of the Board GANFENG LITHIUM CO., LTD. LI Liangbin Chairman

Jiangxi, PRC August 28, 2020

As at the date of this announcement, the Board of the Company comprises Mr. LI Liangbin, Mr. WANG Xiaoshen, Ms. DENG Zhaonan and Mr. GE Zhimin as executive directors of the Company; Mr. YU Jianguo and Ms. YANG Juanjuan as non-executive directors of the Company; and Mr. LIU Jun, Ms. WONG Sze Wing, Ms. XU Yixin and Mr. XU Guanghua as independent non-executive directors of the Company.