Ann: Wolfsberg PFS Update, page-12

Slide 2 on the presentation really sums up EU Li reality

- Apart from small Iberian production for local ceramics/glass use the EU has no internal lithium supply
- EU is a major importer of lithium consuming 21% of global market (second only to China)
- Lithium processing sites from imported material in several EU countries
- Lithium battery plants recently announced to be constructed in Europe
- Integrated lithium supply chain in Europe
- EC focussing attention on lithium as a critical commodity

Exciting years ahead for this stock.