E25 2.22% 22.0¢ element 25 limited

CPs for the overall transaction – by 30 April 2023: • Stellantis...

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    CPs for the overall transaction – by 30 April 2023:
    • Stellantis completing a technical due diligence process to its satisfaction.
    • E25 completing a successful HPMSM Feasibility Study (FS) for a USA-based HPMSM facility to Stellantis’ reasonable
    satisfaction.
    • A decision by the E25 board to proceed with the project based on the FS.
    CP for the Share Subscription Agreement and Offtake Agreement – by 30 April 2023
    • E25 securing a minimum of US$100M project financing.
    CP for the Prepayment Agreement – by 30 June 2023
    • E25 securing a minimum of US$200M project financin
 
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23.5¢ 2127 1
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