Announcement PDF Building a Lithium Future ASX ANNOUNCEMENT AND MEDIA RELEASE 18 July 2025 LU7 COMPLETES TRANSFORMATIVE PV SOLAR CELL RECYCLING ACQUISITION Highlights  Completion of the acquisition of 100% of the issued capital of New Age Minerals Pty Ltd  Acquisition gives Lithium Universe exclusive rights to patented photovoltaic (PV) solar panel recycling technology known as Microwave Joule Heating Technology Lithium Universe Limited (referred to as "Lithium Universe" or the "Company," ASX: LU7) is pleased to announce that further to its announcements dated 18 June 2025 and 2 July 2025, it has successfully completed the acquisition of 100% of the issued capital New Age Minerals Pty Ltd (NAM) which is party to an exclusive licensing agreement with Macquarie University in respect to patented photovoltaic (PV) solar panel recycling technology known as Microwave Joule Heating Technology (the Acquisition). Further details regarding the Microwave Joule Heating Technology are set out in the Company’s announcement dated 18 June 2025. Commenting on the Acquisition, Lithium Universe’s Executive Chairman, Iggy Tan said: “We are pleased to have completed this important milestone, which now allows us to begin working more closely with the Macquarie University team. This next phase will focus on developing a robust research program to enhance the Microwave Joule Heating Technology and unlock its full commercial potential. We believe this collaboration will play a pivotal role in advancing sustainable recycling solutions and position Lithium Universe as a leader in critical metal recovery from end-of-life solar panels.” - Lithium Universe Limited ASX:LU7 ABN 22 148 878 782 End - Suite 9, 295 Rokeby Road, Subiaco, WA 6008, Australia Website: www.lithiumuniverse.com Investor Hub: investorhub.lithiumuniverse Authorised by the Chairman of Lithium Universe Limited Lithium Universe Interactive Investor Hub Engage with Lithium Universe directly by asking questions, watching video summaries and seeing what other shareholders have to say about this, as well as past announcements, at our Investor Hub https://investorhub.lithiumuniverse.com/ Forward-looking Statements Iggy Tan This announcement contains forward-looking statements which are identified by words such as ‘anticipates’, ‘forecasts’, ‘may’, ‘will’, ‘could’, ‘believes’, Executive Chairman ‘estimates’, ‘targets’,Limited ‘expects’, ‘plan’ or ‘intends’ and other similar words that involve risks and uncertainties. Indications of, and guidelines or outlook Lithium Universe on, future earnings, distributions or financial position or performance and targets, estimates and assumptions in respect of production, prices, Email: info@lithiumuniverse.com operating costs, results, capital expenditures, reserves and resources are also forward-looking statements. These statements are based on an assessment of present economic and operating conditions, and on a number of assumptions and estimates regarding future events and actions that, while considered reasonable as of the date of this announcement and are expected to take place, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of our Company, the Directors, and management. We cannot and do not give any assurance that the results, performance or achievements expressed or implied by the forward-looking statements contained in this announcement will occur and readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements are subject to various risk factors that could cause actual events or results to differ materially from the events or results estimated, expressed, or anticipated in these statements. Lithium Universe Limited ASX:LU7 ABN 22 148 878 782 Suite 9, 295 Rokeby Road, Subiaco, WA 6008, Australia Website: www.lithiumuniverse.com Investor Hub: investorhub.lithiumuniverse ABOUT LITHIUM UNIVERSE LIMITED Lithium Universe Limited (ASX: LU7) is a forward-thinking company on a mission to close the "Lithium Conversion Gap" in North America and revolutionize the photovoltaic (PV) solar panel recycling sector. The company is dedicated to securing the future of green energy by addressing two major strategic initiatives: the development of a green, battery-grade lithium carbonate refinery in Québec, Canada, and pioneering the recycling of valuable metals, including silver, from discarded solar panels. Lithium Strategy: Closing the Lithium Conversion Gap Lithium Universe is at the forefront of efforts to meet the growing demand for lithium in North America. As electric vehicle (EV) battery manufacturers prepare to deploy an estimated 1,000 GW of battery capacity by 2028, the need for lithium is expected to rise dramatically. However, with only a fraction of the required lithium conversion capacity in North America, LU7 is determined to play a pivotal role in reducing dependence on foreign supply chains. The company is building a green, battery-grade lithium carbonate refinery in Bécancour, Québec, leveraging the proven technology developed at the Jiangsu Lithium Carbonate Plant. This refinery will produce up to 18,270 tonnes per year of lithium carbonate, focusing initially on the production of lithium carbonate for lithium iron phosphate (LFP) batteries. The refinery's smaller, off-the-shelf plant model ensures efficient operations and timely implementation, positioning LU7 as a key player in the emerging North American lithium market. With a strong leadership team, including industry pioneers like Chairman Iggy Tan, LU7 is well-positioned to deliver this transformative project. The company's strategy is counter-cyclical, designed to build through the market downturn and benefit from the inevitable recovery, ensuring sustained exposure to the growing lithium demand. PV Solar Panel Recycling Strategy: Silver Extraction As the global demand for solar energy expands, the issue of solar panel waste has grown exponentially. With an estimated 60–78 million tonnes of solar panel waste expected by 2050, the need for efficient recycling solutions is more critical than ever. Lithium Universe has responded by acquiring the Microwave Joule Heating Technology (MJHT) from Macquarie University, a groundbreaking innovation for extracting valuable metals from discarded PV solar panels. The company’s first focus is on the recovery of silver, a critical component in solar panel manufacturing. Silver's excellent electrical conductivity makes it indispensable in photovoltaic cells, where it forms the electrical contacts for electricity flow. The technology developed by LU7 enhances the extraction of silver, silicon, gallium, and indium, addressing a major gap in the recycling industry. With the price of silver soaring due to increasing demand in solar and electronics, LU7’s efforts in silver recovery are timely and essential for sustaining the global clean energy supply chain. This breakthrough technology significantly reduces the environmental impact of solar panel waste by offering a more efficient, costeffective, and environmentally friendly recycling solution. As the company progresses, it plans to expand its focus to other critical metals like copper and indium, ultimately contributing to the global circular economy. Lithium Universe is committed to ensuring that both its lithium and PV solar recycling strategies help meet the world’s growing demand for clean energy, while offering a sustainable solution to the challenges of resource scarcity and waste management. Lithium Universe Limited ASX:LU7 ABN 22 148 878 782 Suite 9, 295 Rokeby Road, Subiaco, WA 6008, Australia Website: www.lithiumuniverse.com Investor Hub: investorhub.lithiumuniverse