Ganfeng Lithium Group Co., Ltd. — Capital/Financing Update 2021

Nov 26, 2021

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

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

(Stock Code: 1772)

OVERSEAS REGULATORY ANNOUNCEMENT

This announcement is made pursuant to the disclosure requirements under Rule 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

According to the relevant regulations of the People’s Republic of China, GANFENG LITHIUM CO., LTD. (the “ Company ”) had published the following announcement on the website of the Shenzhen Stock Exchange (http://www.szse.cn/). The following is a translation of the official announcement solely for the purpose of providing information.

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

Jiangxi, PRC October 26, 2021

As at the date of this announcement, the Board comprises Mr. LI Liangbin, Mr. WANG Xiaoshen, Ms. DENG Zhaonan and Mr. SHEN Haibo as executive directors of the Company; Mr. YU Jianguo and Ms. YANG Juan 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.

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Stock Code: 002460

Stock Abbreviation: Ganfeng Lithium

Number: lin2021–190

GANFENG LITHIUM CO., LTD.

ANNOUNCEMENT REGARDING THE STATUS OF INVESTMENT OF EXCHANGEABLE BOND IN SINGAPORE SRN COMPANY BY GFL INTERNATIONAL WHICH INVOLVES MINING RIGHTS INVESTMENT

The Company and all members of its board of directors warrant that the information contained in this announcement is true, accurate and complete and there are no false representations or misleading statements contained in or material omissions from this announcement.

At the 26th meeting of the fifth session of the board of directors of Ganfeng Lithium Co., Ltd. (hereinafter referred to as the “ Ganfeng Lithium ” or the “ Company ”) held on May 28, 2021 the Resolution in relation to the investment of exchangeable bond in Singapore SRN company (hereinafter referred to as “ SRN ”) by GFL International which involves mining rights investment was considered and passed, approving the investment of exchangeable bond in Singapore Silkroad Nickel Ltd. by GFL International Co., Limited (hereinafter referred to as “ GFL International ”), a wholly-owned subsidiary of the Company at a price of US$15 million with its own funds. The interest of the exchangeable bond is 7% and the term is 3 years. The management of the Company will be authorized to deal with relevant matters in the transaction at its sole discretion. For details, please refer to the Announcement of Ganfeng Lithium in relation to the investment of exchangeable bond in Singapore SRN company by GFL International which involves mining rights investment (Lin 2021– 103) disclosed by the Company on the Securities Times and the website of CNINFO (巨 潮資訊網) (http://www.cninfo.com.cn) on May 29, 2021.

Recently, the Company received a notice from GFL International that GFL International has completed the payment of the consideration and equity delivery for the exchangeable bond of SRN. According to the agreement, six months after the investment completed, the Company has the right to convert its exchangeable bond into 25% equity interests of Fe Resources Pte. Ltd, a wholly-owned subsidiary of SRN which hold laterite-nickel assets.

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The Company will go through relevant procedures and perform its obligation of information disclosure based on the progress of the relevant matter. Investors are advised to make investment in a rational way and pay attention to investment risk.

Announcement is hereby given.

GANFENG LITHIUM CO., LTD. Board of Directors November 27, 2021

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