Ann: Quarterly Activities Report and Appendix 5B, page-2

SUMMARY OF KEY UPDATES• European Lithium has completed the acquisition of 100% of the rights, title and interest ofthe Leinster Lithium Project in Ireland;• European Lithium appointed experienced mining executive, Mr. George Karageorge, asExecutive General Manager Exploration to drive the operational developments of theCompany;• European Lithium ~74% owned subsidiary Critical Metals Corp (NASDAQ: CRML),successfully completed the confirmation diamond drilling program of 16 holes at itsTanbreez Rare Earths Project in Greenland;• The Tanbreez Project drilling campaign delivered results for the first out of 16 diamond drillholes containing high-grade rare-earth and rare metal elements, averaging 4,722.51 ppm TREO(including 26.96% averaged heavy rare earth” HREO”), including 101.67 ppm Ga2O3 “gallium oxide,1852.22 ppm Nb2O5 “niobium pentoxide”, 130.92 ppm Ta2O “tantalum pentoxide”, and 82% ZrO2“zircon oxide”;• CRML Wolfsberg Lithium Project received a notice from the Carinthian state government thatan Environmental Impact Assessment (EIA) is not required;• Wolfsberg Lithium Project completed the planning and technical study for the energy supplycorridor in Austria;• Hatch Ltd, a leading global engineering firm, has been appointed by Arabian New EnergyCorp., to commence design work on a lithium refinery in Saudi Arabia, which is expected toproduce up to 20,000 metric tons of battery-grade lithium hydroxide;• CRML closing price on 29 January 2025 was $US8.07 per share reflecting a value for EURshareholders of US$535,982,293 (A$857,571,669)• E47/4144 located in the northwest of Western Australia continues to progress through theWA Mining Act regulatory application process.