Following the operational changes which have been put in place...

Following the operational changes which have been put in place as a result of the strategic review and the revised near term
path forward for the Company, Core Lithium Ltd (ASX:CXO) (Core or the Company) wishes to announce that Gareth
Manderson will step down as Chief Executive Officer.
Core is restructuring its business in response to the dramatic decrease in the spodumene price. Consequently, and as
previously announced, mining operations at Finniss have been suspended, but the Company continues to process ore
stockpiles to produce spodumene concentrate for sale to customers. The BP33 early works have also been suspended.
Across the business more broadly, work to preserve cash and the value of the Finniss project are the Company’s current
priorities.
In addition to the work described above, the Core exploration team is reviewing the local and regional prospectivity of the
Company’s lithium tenements and the potential of the Company’s 100% owned gold, uranium and base metal projects. The
Company has received multiple inbound enquiries about the Napperby and Fitton Uranium Projects. Updates will be
provided as the review continues and the exploration plan is finalised.
Gareth Manderson
The Board would like to take this opportunity to acknowledge Gareth’s service to the Company and his valuable contribution
to building Core into a lithium production company. Since joining Core in August 2022 Gareth was responsible for building a
highly credentialed and extremely competent management team, and for the commissioning and safe and efficient operation
of the Finniss Lithium Mine.
Core Chair Greg English said: