Ann: Settlement of Mt Holland tenement matter, page-8

Further to the funding term sheet announced on 25 October 2018, Kidman and SQM arecontinuing to progress discussions on legally binding agreements in relation to theUS$100 million capital expenditure facility. This facility, together with the further outstandingmilestone payments by SQM, provides Kidman with sufficient funding in relation to jointventure cash calls through to a final investment decision and the initial stages of constructionof the Mt Holland Lithium Project.