NEOMETALS LTD — Board/Management Information 2022

May 8, 2022

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9 May 2022
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APPOINTMENT OF JOINT COMPANY SECRETARY

The Directors of Neometals Ltd (ASX: NMT) (“ Neometals ” or “ the Company ”) are pleased to announce the appointment of Ms Rachel Rees as Joint Company Secretary. Ms Rees’ has been appointed for approximately 4 months whilst the Chief Financial Officer /Company Secretary Mr Jason Carone takes long service leave. Ms Rees brings to Neometals over 25 years’ experience as a Chief Financial Officer, Company Secretary and Non-Executive Director for both ASX and TSX listed companies across diverse industries.

Authorised on behalf of Neometals by Christopher Reed, Managing Director

ENDS

For further information, please contact:

Chris Reed Jeremy Mcmanus Managing Director General Manager - Commercial and IR Neometals Ltd Neometals Ltd T: +61 8 9322 1182 T: +61 8 9322 1182 E: info@neometals.com.au E: jmcmanus@neometals.com.au

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About Neometals Ltd

Neometals innovatively develops opportunities in minerals and advanced materials essential for a sustainable future. We leverage our proprietary, green process technologies to generate battery materials projects with unparalleled exposure to commodities most impacted by the energy storage megatrend.

We build value, de-risk and develop these long-life projects with strong partners having a strategic focus on increasing margins through integration down the value chain. We have a growing suite of sustainable downstream, recovery and recycling projects, supporting the global transition to more circular supply chains and cleaner energy.

Our core projects are:

Downstream Materials Processing:

• Lithium-ion Battery Recycling –commercialising a proprietary process for recovering nickel, cobalt and other valuable materials from spent and scrap lithium-ion batteries through a 50:50 incorporated JV with SMS group called Primobius GmbH. Primobius is targeting commencement of a 10tpd principal German commercial shredding operation during H1 2022. Development decision on larger 50tpd LIB Recycling plants in H2 2022;

• Vanadium Recovery – sole funding evaluation studies for a 50:50 joint venture with Critical Metals Ltd to recover high-purity vanadium pentoxide from processing steelmaking by-products (“ Slag ”) from leading Scandinavian steelmaker SSAB. Underpinned by a 10-year Slag supply agreement, Neometals is targeting an investment decision to develop a commercial-scale processing plant in Dec 2022; and

• Lithium Chemicals - commercialising a proprietary process (“ ELi® “) to produce lithium hydroxide from lithium solutions (lithium chloride) using electrolysis to avoid costly and carbon intensive reagents used in traditional chemical conversion. Technology 70:30% owned by Neometals and Mineral Resources Limited. Bondalti Chemicals S.A is cofunding and piloting the process in Portugal as part of potential 50:50 JV in European Union.

Upstream Mineral Extraction:

• Barrambie Titanium and Vanadium Project - one of the world's highest-grade hard-rock titanium-vanadium deposits. Working towards a development decision in Dec 2022 with potential operating JV partner IMUMR and potential cornerstone product off-taker, Jiuxing Titanium Materials Co.

info@neometals.com.au neometals.com.au

ACN 099 116 361 Locked Bag 8 Level 1, 1292 Hay Street West Perth WA 6872 West Perth WA 6005

T: +61 8 9322 1182 F: +61 8 9321 0556