TALGA GROUP LTD — AGM Information 2018

Nov 25, 2018

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Talga Resources Annual General Meeting

Perth, Australia 26th of November 2018

FORWARD LOOKING STATEMENTS & DISCLAIMER This presenta=on has been prepared by Talga Resources Ltd (ACN 138 405 419) (“Issuer”) for the sole purpose of providing an overview of its current prospects and proposed explora=on and development strategy to recipients (“Recipient”). This presenta=on and its contents are provided to the Recipient in confidence and may not be reproduced or disclosed in whole or in part to any other person, without the wriRen consent of the Issuer.

The presenta=on is based on informa=on available to the Issuer as at the date of the presenta=on. The informa=on contained in this presenta=on has not been verified by the Issuer nor has the Issuer conducted any due diligence in rela=on to that informa=on. The presenta=on contains selected informa=on and does not purport to be all inclusive or to contain all informa=on that may be relevant to the Recipient. The Recipient acknowledges that circumstances may change and this presenta=on may become outdated as a result. The Issuer accepts no obliga=on to update or correct this presenta=on.

This document includes forward-looking statements. When used in this document, the words such as "could," “plan," "es=mate," "expect," "intend," "may," "poten=al," "should," and similar expressions are forward-looking statements. Although the Issuer believes that the expecta=ons reflected in these forward-looking statements are reasonable, such statements involve risks and uncertain=es, and no assurance can be given that actual results will be consistent with these forwardlooking statements.

No representa=on or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the informa=on, opinions and conclusions contained in this presenta=on. To the maximum extent permiRed by law, none of the Issuer, its directors, employees or agents, advisers, nor any other person accepts any liability for any loss arising from the use of this presenta=on or its contents or otherwise arising in connec=on with it, including, without limita=on, any liability arising from fault or negligence on the part of the Issuer or its directors, employees or agents. Nothing in this Presenta=on is a promise or representa=on as to the future. Statements or assump=ons in this presenta=on as to future maRers may prove to be incorrect and differences may be material. The Issuer does not make any representa=on or warranty as to the accuracy of such statements or assump=ons. The informa=on in this presenta=on does not take into account the investment objec=ves, financial situa=on and par=cular needs of any Recipient. The Recipient should not make an investment decision on the basis of this presenta=on alone and the Recipient should conduct its own independent inves=ga=on and assessment of the content of this presenta=on. Nothing in this presenta=on cons=tute financial product, investment, legal, tax or other advice. Nothing in this presenta=on should be construed as a solicita=on to buy or sell any security or to engage or refrain from engaging in any dealing in any security. Photographs, maps, charts, diagrams and schema=c drawings appearing in this presenta=on are owned by and have been prepared by or commissioned by the Issuer, unless otherwise stated. Maps and diagrams used in the presenta=on are illustra=ve only and may not be drawn to scale. Unless otherwise stated, all data contained in charts, graphs and tables is based on informa=on available at the date of this presenta=on. By accep=ng this presenta=on the Recipient agrees to be bound by the foregoing statements.

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STRONGER SMARTER CLEANER

THE ADVANCED MATERIALS TECHNOLOGY COMPANY Enabling stronger, lighter and more functional products for the multi-billion dollar global coatings, battery, construction and polymer composites markets via graphene and graphite products. The company has significant advantages due to its 100% owned unique high grade graphite deposits in Sweden and in-house processing and product technology. Joint development programs are underway with a range of international corporations, to underwrite demand for a full scale production facility in Sweden.

Talga Resources Ltd is an ASX listed public company incorporated and domiciled in Australia. Talga Resources Ltd has a 100% interest in subsidiaries Talga Mining Pty Ltd, Talga Advanced Materials GmbH, Talga Technologies Limited (UK), Talga Graphene AB and Talga Battery Metals AB.

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• ANNUAL GENERAL MEETING: 2017 - 2018 HIGHLIGHTS

Strong Commercial AcOvity

• ‣ Bosch MoU for graphene applica=on

• ‣ BillerudKorsnäs LoI for packaging applica=on ‣ Commercial Sales & Dev Agreement Haydale

• ‣ Biomer JDA for polymer applica=on ‣ Sales+Distribu=on Agreement with Possehl Product Development Success

• ‣ concrete Posi=ve graphene product test results in and coaOngs

• ‣ Breakthrough Li-ion anodes developed ‣ intellectual assets Strengthened property

• Growing Global Group and European OperaOons

• ‣ Innovate UK funding secured for baRery materials ‣ Strengthened balance sheet ( $16.6m cash 30 Sept)

• ‣ Phase 3 scale-up process test facility completed

• ‣ Strengthened Europe-based management and in-house technology teams

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‣ TALGA BOOTH
EUROPEAN BATTERY SHOW
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• BATTERY PRODUCTS Active anode materials (powders) with superior performance in Li-ion batteries

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‣ TESTING OF TALNODE [TM]
IN ‘POUCH’ LI-ION BATTERY
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Talnode™ Engineered graphite anode for super stable life=me and 20% higher capacity Talnode™ - X Formulated graphite anode for ultra-fast charge rates (0-100% in 3 minutes)

Talnode™ - Si Graphene Silicon-anode for high energy density (50% higher than standard) Talphene® ConducOve Agent (under development) Func=onalised graphene addi=ve for Li-ion baRery cathodes

SelecOon of Current Commercial Partners

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• COATINGS PRODUCTS Graphene additives and formulations for high performance and lower eco-impact

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‣ DR. KARANVEER SINGH ANEJA
SENIOR SCIENTIST
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Talphene® Pre-treatment Chrome and toxic metals replacement with 74% more corrosion protec=on

Talphene® Epoxy CoaOngs Increases strength and an=-corrosion performance

Talphene® Packaging ApplicaOons (under development) Smart packaging, longer shelf life and increased recycling Talphene® Inks Superior electrical conduc=vity for printed electronics, sensors and smart labels

SelecOon of Current Commercial Partners

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• CONCRETE PRODUCTS Admixtures and aggregates for improved strength, thermal and electrical conductivity

Talphene® Admixtures Improving concrete flexural strength (to 8.2N/mm[2] ) and compressive strength (to 54N/mm[2] ) aiding construc=on with beRer costs and emissions Applica'ons: high rise buildings, bridges, road and rail infrastructure

ConducOve Aggregates Enabling thermally and electrically conduc=ve materials for smarter construc=on, aRaining electrical resistance of 0.05 ohm.cm volume

Applica'ons: underground powerline heat dissipa'on, underfloor hea'ng, ice-free road-bridge-tarmac areas, wireless charging of electric vehicles

SelecOon of Current Commercial Partners

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• COMPOSITE PRODUCTS Functionalised graphene additives for increased toughness and conductivity

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‣ TALPHENE® CFRP
DEVELOPMENT TEST SAMPLE
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Talphene® addiOves for thermoplasOc polyurethanes Addi=ves to create advanced biomedical healthcare products and reduce ecoimpacts of ship coa=ngs in the marine environment Applica'ons: biomaterials (medical devices) and an'-foul marine coa'ngs

Talphene® addiOves for Carbon Fibre Reinforced Polymers (in development) Addi=ves to improve strength, toughness, weight and conduc=vity of CFRP to enable metal-free lightning strike protec=on and de-icing Applica'ons: CFRP aircra@ and wings, wind turbine blades and automo've parts SelecOon of Current Commercial Partners

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TALGA TECHNOLOGIES LIMITED - UK Material technology, product and commercialisation development

Team of graphene experts, chemists, physicists and material scien=sts with long-standing experience in product development, R&D and sales working closely with commercial partners to develop Talga’s range of graphene and graphite products for the baRery, construc=on, coa=ngs and composite markets.

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‣ DR. ANNA MOTTA ‣ DR. SIVA BOHM ‣ DR. SAI SHIVAREDDY
GLOBAL R&D MANAGER CHIEF TECHNOLOGY OFFICER MANAGER - BATTERY PRODUCTS
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• TALGA ADVANCED MATERIALS GMBH - GERMANY Process development, engineering and production

Highly skilled engineering, processing and project chemist staff developing produc=on technologies and processes on a pilot scale for op=mising proprietary engineering solu=ons for construc=on of future commercial scale processing plant facility. High-quality sample output is packaged towards customer and product development programs.

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‣ MARIUS WEWIOR
CHEMICAL LABORATORY ASSISTANT
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‣ ROSHEN MATHURA
BUSINESS AND SITE MANAGER
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‣ TOBIAS KLATTE
PROJECT CHEMICAL ENGINEER
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TALGA GRAPHENE AB - NORTH SWEDEN Mineral resource project development and exploration

Expanding team of earth scien=sts, project management and stakeholder engagement specialists for ongoing explora=on and con=nued progress on permiqng and feasibility related surveys and studies towards concurrent mining, environmental and exploita=on licence applica=ons at Talga’s ViRangi Graphene-Graphite Project in 2019.

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‣ TOM KEARNEY
PROJECT GEOLOGIST
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‣ AMANDA SCOTT
EXPLORATION MANAGER
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‣ MARTIN PHILLIPS
GROUP CHIEF OPERATING OFFICER
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TALGA BATTERY METALS AB - NORTH SWEDEN Cobalt-copper-gold and other non-core mineral assets In 2018 Talga undertook an internal split of its BaRery Metals projects from Graphene-Graphite projects. The Company is now drilling the Kiskama project, Sweden’s largest cobalt deposit, towards a maiden JORC mineral resource to enable a scoping study and upgrade from explora=on to development status.

The company also owns addi=onal projects containing known occurences of copper, iron, gold, lithium and vanadium. This strong mineral porrolio is in a top class jurisdic=on and the Company will look to mone=se these assets in a way that creates maximum value for shareholders.

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‣ DRILL CORE ‣ MINERALISATION MODELLING
AHMAVUOMA PROJECT KISKAMA PROJECT
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‣ DRILL CORE
LAUTAKOSKI PROJECT
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LOOKING AHEAD

Commercial and Product Development

• ‣ Parallel development of Talnode[TM] and Talphene® product lines

• ‣ Finalising Talphene® and Talnode[TM ] product development to advance current programs, secure new commercial agreements and underwrite full scale project

• ‣ Expanding commercial capability with appointment of Technical Sales Manager and commercial staff in Europe

• OperaOons and Development ‣ Comple=on of PFS for ViRangi graphene-graphite project targe=ng end of first Qtr 2019 for applica=on of all development permits in Sweden

• ‣ Develop op=ons for sale of Talnode[TM] products star=ng in 2019 using currently mined ore stocks

• Growth and Strategy ‣ BaRery products maturing to accelerate and underwrite further produc=on

• ‣ New and strategic partners to be sought for full scale development

• ‣ Non-core mineral assets to be explored and upgraded to determine full value for mone=sa=on

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‣ FORMULATED TALPHENE® ADDITIVE
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CORPORATE SNAPSHOT

FINANCIAL INFORMATION

FINANCIAL INFORMATION
Shareholders	~3,700
Share price (ASX code TLG) (23-November-18)	A$0.40
52 week low / high	A$0.37 / A$0.92
Shares outstanding1,2	217.7m
Market Capitalisa=on	A$87.1m
Cash (30-Sep-18)	~A$16.6m
Debt (30-Sep-18)	Nil
Enterprise value	A$70.5m

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SHARE PRICE PERFORMANCE

Share price (A$) 12 months

Volume (m)

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MAJOR SHAREHOLDERS

Source: IRESS, company filings. As at 23 November 2018.

1 Excludes 43.5m listed op=ons (TLGOA) with exercise price A$0.45 and expiring 31 Dec 2018

2 Excludes 26.7m unlisted op=ons (mostly employees and directors) with exercise price range up to A$1.02 and expiry date range 31 Dec 2018 to 17 Dec 2020

MAJOR SHAREHOLDERS
Smedvig - Scandinavian based family ofce	11.7%
Mark Thompson - Managing Director	6.6%
J P Morgan Nominees (Australia) Ltd	6.5%
HSBC Custody Nominees (Australia)	5.5%
Pelmer SecuriTes	4.2%
CiTcorp Nominees	3.4%
Top 20	54.4%

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BOARD OF DIRECTORS

Substantial resource, technology, commercialisation and finance experience

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Terry SOnson Non-Execu=ve Chairman

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Mark Thompson Managing Director

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Grant Mooney Non-Execu=ve Director

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Steve Lowe Non-Execu=ve Director

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Ola Mørkved Rinnan Non-Execu=ve Director

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CONTACT US

Talga Resources Ltd First Floor, 2 Richardson Street, West Perth WA 6005, Australia P | +61 8 9481 6667 E | admin@talgaresources.com W | www.talgaresources.com

_______ Talga Technologies Limited The Bradfield Centre 184 Cambridge Science Park, Cambridge CB4 0FQ, UK

_______ Talga Advanced Materials GmbH Prof.-Hermann-Klare-Str. 25, 07407 Rudolstadt, Germany _______ Talga Graphene AB / Talga Battery Metals AB Storgatan 7, 972 38 Luleå, Sweden

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APPENDIX AND STATEMENTS

Competent Person’s Statements

The informa=on in this document that relates to explora=on results is based on informa=on compiled by Amanda ScoR, a Competent Person who is a Member of the Australian Ins=tute of Mining and Metallurgy (Membership No.990895). Amanda ScoR is a full-=me employee of ScoR Geological AB. Amanda ScoR has sufficient experience, which is relevant to the style of mineralisa=on and types of deposits under considera=on and to the ac=vity which has been undertaken to qualify as a Competent Person as defined in the 2012 edi=on of the Australasian Code for Repor=ng of Explora=on Results, Mineral Resources and Ore Reserves (JORC Code). Amanda ScoR consents to the inclusion in the report of the maRers based on her informa=on in the form and context in which it appears.

The informa=on in this report that relates to Graphite Resource Es=ma=on for the ViRangi Project is based on informa=on compiled by Oliver Mapeto and reviewed by Albert Thamm. Both Mr Mapeto and Mr Thamm are consultants to the Company. Mr Mapeto is a Member of both the Australian Ins=tute of Mining and Metallurgy (Membership No.306582) and Australian Ins=tute of Geoscien=sts (Member No 5057) and Mr Thamm (Member No 203217) is a Fellow Member of the AusIMM.

Both Mr Mapeto and Mr Thamm have sufficient experience relevant to the styles of mineralisa=on and types of deposits which are covered in this document and to the ac=vity which both are undertaking to qualify as a Competent Person as defined in the 2012 edi=on of the “Australasian Code for Repor=ng of Explora=on Results, Mineral Resources and Ore Reserves” (“JORC Code”). Mr Mapeto and Mr Thamm consent to the inclusion in this report of the MaRers based on this informa=on in the form and context in which it appears.

The informa=on in this report that relates to Explora=on Targets is based on informa=on compiled and reviewed by Mr Simon Coxhell, a consultant to the Company and a member of the Australian Ins=tute of Mining and Metallurgy and Mr Mark Thompson, who is an employee of the Company and a member of the Australian Ins=tute of Geoscien=sts. Mr Thompson and Mr Coxhell have sufficient experience which is relevant to the ac=vity which is being undertaken to qualify as a "Competent Person" as defined in the 2012 Edi=on of the “Australasian Code for Repor=ng of Explora=on Results, mineral Resources and Ore Reserves” (“JORC Code”). Mr Thompson and Mr Coxhell consent to the inclusion in the report of the maRers based on this informa=on in the form and context in which it appears.

The informa=on in this report that relates to Iron Ore Resource Es=ma=on and Graphite Resource Es=ma=on for the Jalkuen and Raitajärvi Projects is based on informa=on compiled and reviewed by Mr Simon Coxhell. Mr Coxhell is a consultant to the Company and a member of the Australian Ins=tute of Mining and Metallurgy. Mr Coxhell has sufficient experience relevant to the styles of mineralisa=on and types of deposits which are covered in this document and to the ac=vity which he is undertaking to qualify as a Competent Person as defined in the 2012 edi=on of the “Australasian Code for Repor=ng of Explora=on Results, Mineral Resources and Ore Reserves” (“JORC Code”). Mr Coxhell consents to the inclusion in this report of the MaRers based on this informa=on in the form and context in which it appears.

CauOonary Statement

Any data on the scoping study referred to in this report is based on low level technical and economic assessments, and is insufficient to support es=ma=on and economic assessments, and is insufficient to support es=ma=on of Ore Reserves or to provide assurance of an economic development case at this stage, or to provide certainty that the conclusion of the scoping study will be realised. The Company confirms that all material assump=ons and technical parameters underpinning the scoping study results and projec=ons in this release con=nue to apply and have not materially changed. The use of the word "ore" in the context of this report does not support the defini=on of 'Ore Reserves' as defined by the 2012 Edi=on of the ‘Australasian Code for Repor=ng of Explora=on Results, Mineral Resources and Ore Reserves”. The word 'ore' is used in this report to give an indica=on of quality and quan=ty of mineralised material that would be fed to the processing plant and is not to assumed that 'ore' will provide assurance of an economic development case at this stage, or to provide certainty that the conclusion of the scoping study will be realised.

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GRAPHITE JORC RESOURCES AND EXPLORATION TARGETS
Nunasvaara JORC (2012) Mineral Resource (17% Cg cut-off) Talga Graphite ExploraOon Targets [2 ] 0-100m Depth
JORC 2012
Tonnes Project Exploration Tonnes (0-100m Vertical Depth) Graphite (%Cg)
Graphite (%Cg)
Classification
Target
Min. Max. Min. Max.
Indicated 10,700,000 25.7
Inferred 1,600,000 23.9
Nunasvaara 62,400,000 93,600,000 20 30
Total 12,300,000 25.5
ViRangi Kotajärvi 16,640,000 30,160,000 20 25
Jalkunen JORC (2012) Mineral Resource (5% Cg cut-off)
Maltosrova 20,800,000 52,000,000 20 25
JORC 2012
Tonnes Graphite (%Cg)
Classification
Tiankijokki 2,600,000 5,200,000 15 25
Inferred 31,500,000 14.9
Nybrännan 5,200,000 10,400,000 20 30
Jalkunen
Raitajärvi JORC (2004) Mineral Resource [1] (5% Cg cut-off)
Suinavaara 2,600,000 5,720,000 15 25
JORC 2004
Tonnes Graphite (%Cg)
Classification
Lautakoski 26,000,000 52,000,000 15 25
Indicated 3,400,000 7.3
Subtotal 136,240,000 249,080,000 19 27
Inferred 900,000 6.4
Rounded Tot a l 136,000,000 250,000,000 18 25
Total 4,300,000 7.1
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1 Note: This informa'on was prepared and first disclosed under the JORC code 2004. It has not been updated since to comply with the JORC code 2012 on the basis that the informa'on has not materially changed since it was last reported. The Company is not aware of any new informa'on or data that materially affects the informa'on included in the previous announcement and that all of the previous assump'ons and technical parameters underpinning the es'mates in the previous announcement have not materially changed.

2 Note: The Explora'on Target is based on a number of assump'ons and limita'ons with the poten'al grade and quan'ty being conceptual in nature. There has been insufficient explora'on to es'mate a Mineral Resource Es'mate in accordance with the JORC Code and it is uncertain if future explora'on will result in the es'ma'on of a Mineral Resource.

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