LIVIUM LTD — Share Issue/Capital Change 2020

Aug 25, 2020

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26 August 2020

Notice under section 708(A)(5)(e)

Lithium Australia NL (ASX: LIT) (‘the Company’) advises that it has issued 76,056,612 fully paid ordinary shares in the capital of the Company (‘Shares’) with further details in the most recent Appendix 2A.

Notice under section 708(A)(5)(e) of the Corporations Act 2001

Lithium Australia NL has issued and allotted 76,056,612 Shares. Accordingly, the Company gives notice under section 708A(5)(e)(i) of the Corporations Act 2001 (Cth) (‘Act’) that:

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1. the abovementioned Shares were issued without disclosure to investors under Part 6D.2 of the Act;

2. as at the date of this notice the Company has complied with the provisions of Chapter 2M of the Act as they apply to the Company and with section 674 of the Act, and

3. as at the date of this notice there is no information to be disclosed which is “excluded information” as defined in subsection 708A(7) of the Act that is reasonable for investors and their professional advisers to find in a disclosure document.

LITCF application to list

The Company is pleased to advise that 30,000,000 LITCE partly paid shares have transferred to LITCF partly paid shares, and the total now designated in this class amounts to 128,913,791 LITCF. Statements have been issued shortly.

The Company confirms that the 43,000,000 forfeited LITCE securities remain in the Company’s Treasury Account and can be disposed of in such manner and on such terms as the Directors determine in accordance with the Act.

Please contact Barry Woodhouse if there are any questions in relation to this share issue.

Authorised for release by the Board.

Barry Woodhouse

CFO and Company Secretary Mobile +61 (0) 438 674 259 Barry.Woodhouse@lithium-au.com

Adrian Griffin

Managing Director Mobile +61 (0) 418 927 658 Adrian.Griffin@lithium-au.com

ASX ANNOUNCEMENT Lithium Australia

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About Lithium Australia NL

Lithium Australia aims to ensure an ethical and sustainable supply of energy metals to the battery industry (enhancing energy security in the process) by creating a circular battery economy. The recycling of old lithium-ion batteries to new is intrinsic to this plan. While rationalising its portfolio of lithium projects/alliances, the Company continues with R&D on its proprietary extraction processes for the conversion of all lithium silicates (including mine waste), and of unused fines from spodumene processing, to lithium chemicals. From those chemicals, Lithium Australia plans to produce advanced components for the battery industry globally, and for stationary energy storage systems within Australia. By uniting resources and innovation, the Company seeks to vertically integrate lithium recycling, extraction and processing.

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ASX ANNOUNCEMENT Lithium Australia

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