Ann: Pause in Trading, page-31

Clarification to Media Article
Magnis Energy Technologies Ltd (“Magnis”, or the “Company”) (ASX: MNS; OTCQX: MNSEF;
FSE: U1P) refers to an article published in today’s Australian Financial Review with the title “HSBC
chases big number for Magnis’ Energy’s iM3NY Plant”.
The Company can confirm that iM3NY has commissioned HSBC to assist with its funding
requirements for the expansion at its lithium-ion battery plant in Endicott, NY.
The Magnis board has not made any decision as to whether or not it will participate in iM3NY’s
funding requirements