Ann: Investment & Strategic Framework Agreement with EcoPro, page-11

EcoPro Innovation is recognized globally for its fully-established value chain for lithium cells, covering the development, manufacturing, and processing of lithium compounds. The company is expanding its operations, with planned production expected to grow from 180,000 tons of battery materials to 710,000 tons by 2028. EcoPro is currently constructing two plants in Hungary and Canada, both scheduled to be completed before the construction of the proposed lithium conversion facility in Canada. This new facility is expected to produce lithium hydroxide, further supporting North America’s growing demand for battery materials.

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