Atlantic Lithium Limited (ALL.L) Earnings Call Transcript & Summary

Hello, and welcome to the Extraordinary General Meeting of Atlantic Lithium Limited. My name is Neil Herbert, and I am the Chair of Atlantic Lithium. I confirm for the record that this is a properly constituted meeting and that a quorum is present. I therefore declare the meeting open. This meeting is being held as a virtual meeting with shareholders attending online via the Computershare meeting platform, where you can listen to our live webcast and watch our presentation, ask questions and submit votes online. I would like to introduce to you my fellow directors who are in attendance, Keith Muller, who is our CEO; and Amanda Harsas, who is the Finance Director and Company Secretary. I am advised that Jonathan Henry, Kieran Daly and Christelle Van Der Merwe are unable to join us today and have sent their apologies. Given this is a virtual meeting, online attendees can submit questions at any time by selecting the Q&A icon on your device. [Operator Instructions] Although online shareholders can submit questions at any time, I will address those questions only at the relevant time during the meeting. If we receive multiple similar questions on any topic, we will try to group them together. And I will ask Belinda, who is acting as the moderator for this meeting to read out the questions at the appropriate time. Voting today will be conducted by a poll on all items of business. I will open voting shortly. Shareholders, a polling icon will appear on your device when voting opens. Clicking on the icon will bring up a list of the motions and present you with voting options. You simply select one of the options for the relevant motion to cast your vote. There is no need to hit a submit or enter button as the vote is automatically recorded. You may change your vote at any time up until I declare voting closed. Finally, I appoint [ Lewis Brimshaw ] of Computershare Investor Services to be the returning officer and to conduct the poll for the meeting. I now declare voting open on all items of business. The notice of the Extraordinary General Meeting was made available to all registered members on 7 October 2025 and is taken as read. I remind you that shareholders' questions on any item of business will be addressed during discussion on that particular item and before voting closes. We will now attend to the business of the meeting. A total of 304,946,078 valid proxies have been received prior to the meeting. Details of proxies received prior to the meeting will be shown on the slide for each resolution. All proxies received will be recorded in the minutes of this meeting and will be released to the ASX later today. Shareholders should be aware that any undirected proxies given to the Chair will be cast by the Chair and counted in favor of the resolutions, the subject of this meeting. Resolution 1 is an ordinary resolution and reads as follows: that for the purpose of Listing Rule 7.4 and for all other purposes, shareholders ratify the issue of 24,786,526 shares issued to Long State Investments or its nominee under Listing Rule 7.1 on the terms and conditions in the explanatory memorandum. Belinda, are there any questions online on this item of business?

There are no questions for this item of business.

As there are no questions, I note that the number of proxies received prior to the meeting is now showing on your screens. I note that all discretionary proxies have been directed in favor of the resolution. The final results of the poll will be declared having regard to the proxy votes and any votes cast at the meeting. I now move to the next item on the agenda. Resolution 2 is an ordinary resolution and reads as follows: that for the purpose of Listing Rule 7.4 and for all other purposes, shareholders ratify the issue 1,174,288 free shares issued to Long State Investments or its nominee under Listing Rule 7.1 on the terms and conditions in the explanatory memorandum. Belinda, are there any questions online on this item of business?

There are no questions for this item of business.

As there are no questions, I note that the number of proxies received prior to the meeting is now showing on your screens. I note that all discretionary proxies have been directed in favor of the resolution. The final result of the poll will be declared having regard to the proxy votes and any votes cast at the meeting. I now move to the next item on the agenda. Resolution 3 is an ordinary resolution and reads as follows: that subject to the passing of each of the conditional resolutions for the purpose of Listing Rule 7.1 and for all other purposes, shareholders approve the issue of 10 million warrants to Long State Investments Limited or its nominee on the terms and conditions set out in the explanatory memorandum. The conditional resolutions are resolutions 3 to 5. They are conditional on the passing of one another so that each will not have effect unless and until all others are passed. Belinda, are there any questions online on this item of business?

There are no questions for this item of business.