Ann: Presentation - Strategic Partnership and Long Term Funding, page-109

You think they LG have not done significant DD on LTR? You suggest that banks have done more for simple financing that LG Energy has done for determining a partner for:
- quality lithium spod supply
- spod supply they can sell once converted with USA IRA compliance from a secure jurisdiction and ESG credentials
- downstream partnership exploration using their chemical conversion IP and experience and our high quality raw material input
- investment return on their “loan” by way of 2 year postponed interest and potential conversion into share ownership of LTR

And you think the banks did “more” DD???

I feel LG has more at stake than some banks might have and LG have shown a far greater interest in being involved with LTR on far more significant basis than just funding.

This is similar to what Ford did when signing off take AND providing cheap rate $350M loan to build the plant.

I’m absolutely sure this is not a positive news outcome to shorters as now they have nil chance of a CR and cheap recovery of sold shares. Hopefully those who have blown in here with all manner of “not advice” are not caught too short.