Announcement PDF Appendix 3B - Proposed issue of securities Announcement Summary Entity name LITHIUM UNIVERSE LIMITED Announcement Type New announcement Date of this announcement 13/3/2024 The Proposed issue is: An offer of securities under a securities purchase plan Total number of +securities proposed to be issued for an offer of securities under a securities purchase plan ASX +security code +Security description LU7 ORDINARY FULLY PAID Maximum Number of +securities to be issued 183,750,000 +Record date 12/3/2024 Offer closing date 3/4/2024 +Issue date 8/4/2024 Refer to next page for full details of the announcement Appendix 3B - Proposed issue of securities 1/6 Appendix 3B - Proposed issue of securities Part 1 - Entity and announcement details 1.1 Name of +Entity LITHIUM UNIVERSE LIMITED We (the entity named above) give ASX the following information about a proposed issue of +securities and, if ASX agrees to +quote any of the +securities (including any rights) on a +deferred settlement basis, we agree to the matters set out in Appendix 3B of the ASX Listing Rules. If the +securities are being offered under a +disclosure document or +PDS and are intended to be quoted on ASX, we also apply for quotation of all of the +securities that may be issued under the +disclosure document or +PDS on the terms set out in Appendix 2A of the ASX Listing Rules (on the understanding that once the final number of +securities issued under the +disclosure document or +PDS is known, in accordance with Listing Rule 3.10.3C, we will complete and lodge with ASX an Appendix 2A online form notifying ASX of their issue and applying for their quotation). 1.2 Registered Number Type Registration Number ACN 148878782 1.3 ASX issuer code LU7 1.4 The announcement is New announcement 1.5 Date of this announcement 13/3/2024 1.6 The Proposed issue is: An offer of +securities under a +securities purchase plan Appendix 3B - Proposed issue of securities 2/6 Appendix 3B - Proposed issue of securities Part 4 - Details of proposed offer under securities purchase plan Part 4A - Conditions 4A.1 Do any external approvals need to be obtained or other conditions satisfied before the offer of +securities under the +securities purchase plan issue can proceed on an unconditional basis? No Appendix 3B - Proposed issue of securities 3/6 Appendix 3B - Proposed issue of securities Part 4B - Offer details +Class or classes of +securities that will participate in the proposed issue and +class or classes of +securities proposed to be issued ASX +security code and description LU7 : ORDINARY FULLY PAID Will the proposed issue of this +security include an offer of attaching +securities? No Details of +securities proposed to be issued ASX +security code and description LU7 : ORDINARY FULLY PAID Maximum total number of those +securities that could be issued if all offers under the +securities purchase plan are accepted 183,750,000 Will the offer be conditional on applications for a minimum number of +securities being received or a minimum amount being raised (i.e. a minimum subscription condition)? No Will the offer be conditional on applications for a maximum number of +securities being received or a maximum amount being raised (i.e. a maximum subscription condition)? No Will individual security holders be required to accept the offer for a minimum number or value of +securities (i.e. a minimum acceptance condition)? Yes Is the minimum acceptance unit based or dollar based? Dollar based ($) Please enter the minimum acceptance value $ 2,000 Will individual security holders be limited to accepting the offer for a maximum number or value of +securities (i.e. a maximum acceptance condition)? Yes Is the maximum acceptance unit based or dollar based? Dollar based ($) Please enter the maximum acceptance value $ 30,000 Appendix 3B - Proposed issue of securities 4/6 Appendix 3B - Proposed issue of securities Describe all the applicable parcels available for this offer in number of securities or dollar value Under the Company's securities purchase plan (SPP), eligible shareholders may apply for ordinary shares in the Company in parcels valued at: A$2,000, $5,000, $10,000, $15,000, $20,000, $30,000. Offer price details Has the offer price been determined? Yes In what currency will the offer What is the offer price per be made? +security? AUD - Australian Dollar AUD 0.02000 Oversubscription & Scale back details Will a scale back be applied if the offer is over-subscribed? Yes Describe the scale back arrangements LU7 may accept over-subscriptions up to a maximum amount of $675,000 (subject to the discretion of the LU7 directors). The LU7 directors may, in their absolute discretion, scale-back applications on an equitable basis. The LU7 directors may also, in their absolute discretion, decide to increase acceptances in the event of oversubscriptions. Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Yes Part 4C - Timetable 4C.1 Date of announcement of +security purchase plan 13/3/2024 4C.2 +Record date 12/3/2024 4C.3 Date on which offer documents will be made available to investors 13/3/2024 4C.4 Offer open date 15/3/2024 4C.5 Offer closing date 3/4/2024 4C.7 +Issue date and last day for entity to announce results of +security purchase plan offer 8/4/2024 Appendix 3B - Proposed issue of securities 5/6 Appendix 3B - Proposed issue of securities Part 4D - Listing Rule requirements 4D.1 Does the offer under the +securities purchase plan meet all of the requirements of listing rule 7.2 exception 5 or do you have a waiver from those requirements? Yes Part 4E - Fees and expenses 4E.1 Will there be a lead manager or broker to the proposed offer? No 4E.2 Is the proposed offer to be underwritten? No 4E.3 Will brokers who lodge acceptances or renunciations on behalf of eligible +security holders be paid a handling fee or commission? No 4E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed offer Costs incurred in respect to the SPP will relate to legal fees, share registry fees and regulatory costs (ASX, ASIC). Part 4F - Further Information 4F.01 The purpose(s) for which the entity intends to use the cash raised by the proposed issue To meet the ongoing engineering study costs associated with the Company's Quebec Lithium Processing Hub (QLPH) strategy, working capital and payment of creditors. 4F.1 Will the entity be changing its dividend/distribution policy if the proposed offer is successful? No 4F.2 Countries in which the entity has +security holders who will not be eligible to accept the proposed offer Singapore, United Kingdom, United States of America, France, Thailand, British Virgin Islands and United Arab Emirates. 4F.3 URL on the entity's website where investors can download information about the proposed offer https://investorhub.lithiumuniverse.com/announcements 4F.4 Any other information the entity wishes to provide about the proposed offer Refer to the Company's ASX announcement released on 13 March 2024. Appendix 3B - Proposed issue of securities 6/6