ABN 22 148 878 782 Consolidated Interim Financial Report FOR THE HALF-YEAR ENDED 30 JUNE 2026 - 2 - Lithium Universe Limited Interim Financial Statements 2026 Contents Consolidated Interim Financial Report Page Directors' Report 3 Auditor’s Independence Declaration under Section 307C of the Corporations Act 2001 7 Consolidated Statement of Profit or Loss and Other Comprehensive Income 9 Consolidated Statement of Financial Position 10 Consolidated Statement of Cash Flows 11 Consolidated Statement of Changes in Equity 12 Condensed Notes to the Half-Year Financial Statements 13 Directors' Declaration 28 Independent Auditor's Review Report 29 Half-Year Financial Report 2026 Lithium Universe Limited and Its Controlled Entities - 3 - Lithium Universe Limited Interim Financial Statements 2026 Directors’ Report The Directors of Lithium Universe Limited (“Lithium Universe” or “the Company”) present their report together with the consolidated financial statements for the six months ended 30 June 2026 (“Half-Year 2026”). Directors The names of the Company’s Directors in office during the 2026 Half-Year and until the date of this report are as below:  Mr Gernot Abl (Non-Executive Chair) – appointed 8 May 2026 – appointed Chair on 28 May 2026  Mr Harry Spindler – appointed 8 May 2026  Mr Rohan Bone – appointed 28 May 2026  Mr Ignatius Kim-Seng Tan (Executive Chair) – resigned 28 May 2026  Mr Jingyuan Liu (Non-Executive Director) – resigned 28 May 2026  Mr Patrick Scallan (Non-Executive Director) – resigned 28 May 2026  Mrs Rachel Rees – appointed 1 May 2026 – resigned 28 May 2026 Chief Financial Officer and Company Secretary Mr John Sobolewski served as the Company’s Chief Financial Officer (CFO) and Company Secretary during the 2026 Half- Year and until the date of this report. Chief Executive Officer Mr Ignatius Kim-Seng Tan served as the Company’s Chief Executive Officer (CEO), from 1 April 2026 and until the date of this report. Principal Activities The principal activities of the Group during the 2026 Half-Year were as follows:  The Company continued to advance its Bécancour Lithium Refinery project in Québec. In February 2026, the Company entered into a binding long-term offtake agreement with Norah Mining Limited for the supply of up to 80,000 tonnes per annum of 6.0% Li₂O spodumene concentrate, securing a significant portion of the proposed refinery’s future feedstock requirements.  The Company progressed its strategy to develop a second lithium refinery at the Port of Brownsville, Texas. Following a detailed site assessment by the executive team, the proposed location was considered potentially suitable for replication of the Bécancour refinery design, with favourable access to port infrastructure, utilities, labour and potential spodumene supply. The Company commenced progressing the land lease application and project study work for a proposed 18,270 tonne per annum battery-grade lithium carbonate refinery.  The Company continued development of its photovoltaic solar panel recycling technology. During the period, engineering commenced on a modular demonstration plant integrating the Microwave Joule Heating Technology (MJHT) for panel delamination and Jet Electrochemical Silver Extraction (JESE) technology for the recovery of high- purity silver. The Company also progressed further technical and environmental assessment work, including a Life Cycle Assessment of the proposed silver extraction process.  In May 2026, the Company secured an exclusive global licence from the University of Edinburgh for the Gold Copper Diamide Extraction (GCDE) technology, a hydrometallurgical process designed to selectively recover gold and copper from electronic waste using reusable organic reagents. The acquisition expands the Group’s recycling strategy beyond solar panels into the broader e-waste sector.  Following acquisition of the GCDE technology, the Company commenced a development and commercialisation program during June 2026. Initial test work achieved gold recovery of 99.5% and copper recovery of 98.5%. The Company subsequently completed the preliminary process flowsheet and block diagram and developed a conceptual demonstration plant design to support further scale-up and commercialisation activities. Review of Results and Operations The consolidated loss of the Group for the 2026 Half-Year after providing for income tax amounted to $1,294,891 (2025 Half- Year: loss of $8,018,056). Half-Year Financial Report 2026 Lithium Universe Limited and Its Controlled Entities - 4 - Lithium Universe Limited Interim Financial Statements 2026 Objectives The Company’s objective is to advance its lithium conversion and critical materials recycling strategies to support the global transition to clean energy. This includes developing sustainable lithium refining capacity and commercialising innovative technologies for the recovery of valuable materials from solar panels and electronic waste, while addressing resource scarcity, supply chain security and waste reduction. Review of Operations and Activities Summary During the 2026 Half-Year, the Group continued to advance its lithium conversion and critical materials recycling strategies. Key developments included securing a long-term spodumene feedstock supply for the Bécancour Lithium Refinery, progressing the proposed second lithium refinery at Brownsville, Texas, advancing the engineering and environmental assessment of its solar panel recycling technologies, and acquiring and progressing a new gold and copper recovery technology for electronic waste. During the 2026 Half-Year, the following developments were made in the Company’s operations: Québec Lithium Processing Hub Strategy Following completion of the Definitive Feasibility Study (DFS) for the Bécancour Lithium Carbonate Refinery in February 2025, the Company continued to focus on securing the key commercial inputs required to advance the project. The proposed refinery is designed to produce up to 18,270 tonnes per annum of battery-grade lithium carbonate and forms the cornerstone of the Company’s strategy to help address the North American “Lithium Conversion Gap”. In February 2026, the Company entered into a binding Definitive Offtake Agreement with Norah Mining Limited for the long- term supply of spodumene concentrate from the Norah Lithium Project in Nigeria. The agreement has an initial term of 10 years, with successive five-year extensions, and provides for the supply of up to approximately 80,000 tonnes per annum of spodumene concentrate grading 6.0% Li₂O. The agreement represents an important step in securing a significant proportion of the proposed Bécancour Refinery’s feedstock requirements and supports the Company’s broader financing and development strategy. Brownsville Lithium Refinery Strategy Senior members of the Company’s executive team completed a detailed site assessment at Brownsville, Texas, as part of the Company’s strategy to establish a second North American lithium refinery. The assessment confirmed the potential suitability of the location, including access to deep-water port infrastructure, transport networks, utilities, industrial services, labour and future expansion capacity. The proposed Brownsville refinery is intended to replicate, with appropriate regional modifications, the engineering and process design developed for Bécancour. This “copy-and-paste” strategy is expected to reduce development time, engineering costs and execution risk while creating a binational lithium refining platform across Canada and the United States. Following the site assessment, the Company progressed towards a formal land lease application and commencement of a Pre-Feasibility Study for a proposed 18,270 tonne per annum battery-grade lithium carbonate refinery. Solar Panel Recycling Technology During the Half-Year, the Company continued to progress the commercial development of its Microwave Joule Heating Technology (MJHT) and Jet Electrochemical Silver Extraction (JESE) Technology, developed by Macquarie University. Together, the technologies are designed to provide an integrated solution for the selective delamination of end-of-life solar panels and recovery of valuable materials, particularly silver and silicon. In January 2026, the Company commenced the engineering phase for a modular PV silver-extraction demonstration plant. The proposed plant is being designed to integrate MJHT for solar panel delamination with JESE for the recovery of high-purity silver from processed solar cells. The modular configuration is intended to facilitate scalability and replication across multiple jurisdictions while reducing site construction and commissioning requirements. In April 2026, the Company announced the results of a Life Cycle Assessment undertaken by Macquarie University on the JESE silver extraction process. The assessment demonstrated significant potential environmental advantages compared with conventional acid-leaching processes, including reductions of approximately 85% in carbon emissions, 83% in nitric acid consumption, 67% in energy consumption, 77% in water consumption and 88% in solid waste generation. These results further support the potential development of a lower-impact, closed-loop process for recovering silver from end-of-life photovoltaic panels. Half-Year Financial Report 2026 Lithium Universe Limited and Its Controlled Entities - 5 - Lithium Universe Limited Interim Financial Statements 2026 Gold and Copper Extraction from E-Waste Technology In May 2026, the Company expanded its critical materials recycling strategy by securing exclusive global rights from the University of Edinburgh to commercially develop the Gold Copper Diamide Extraction (GCDE) technology. The GCDE process is a hydrometallurgical technology designed to selectively recover gold and copper from electronic waste using reusable organic reagents under comparatively mild operating conditions, providing a potential alternative to conventional high- temperature smelting and other energy-intensive recovery processes. Following acquisition of the technology, the Company established a structured development and commercialisation program in collaboration with the University of Edinburgh. Laboratory optimisation test work using electronic waste achieved gold recovery of 99.5% and copper recovery of 98.5%, demonstrating the potential effectiveness and selectivity of the process. By the end of the Half-Year, the Company had completed a preliminary GCDE process flowsheet and block diagram, prepared a preliminary process description and developed a conceptual demonstration plant design. These activities provide the technical foundation for further process optimisation, scale-up and evaluation of the technology’s commercial potential in the growing electronic-waste recycling market. Financial Results Revenue The Company derived interest income on its short-term interest-bearing deposits held during the Half-Year 2026. Net expenses and impairment The following points are noted in relation to expenses for the Half-Year 2026: > costs incurred for the engineering studies for the Quebec Lithium Processing Hub (QLPH) strategy of $70,715; > costs incurred for research and development of recycling technologies of $158,148; > administration expenses of $289,378 at June 2026, which decreased by $66,425 from June 2025. The cause of the decrease between the two periods was due to the continued cost saving initiatives; and > share based payments to directors, key management personnel and other personnel of $135,492; The residual expenses of the Company amounting to $658,000, comprises of general overheads in relation to the day-to-day running of the Company, including directors and key management personnel costs, as well as marketing costs. Statement of financial position During the 2026 Half-Year the following key items occurred: > cash decreased from $2,060,168 at 31 December 2025 to $56,683 at 30 June 2026. This decrease was predominantly due to: o payments for engineering studies of $909,091; and o payments to suppliers, directors and employees of $926,395. > trade and other payables decreased from $3,133,284 at 31 December 2025 to $2,237,222 at 30 June 2026, with the decrease primarily related to: o amounts owing in respect to the Company’s engineering studies. The trade and other payables owing at 30 June 2026 have subsequently either been paid in full or remain within their negotiated payment terms. Cash Flow The Half-Year cash flow for the 2026 Half-Year of the Group included: > payments made for engineering costs incurred in respect to the Company’s engineering studies of $909,091; and > a decrease in administrative costs from $1,075,380 at June 2025 to $926,395 at June 2026. The June 2026 Half Year administrative costs were largely comprised of payments for: Half-Year Financial Report 2026 Lithium Universe Limited and Its Controlled Entities - 6 - Lithium Universe Limited Interim Financial Statements 2026  directors and key management personnel costs;  advertising and marketing costs;  legal fees; and  statutory costs incurred in relation to the compliance and listing requirements of the Company. Corporate Directors and Key Management > Management Changes Ignatius Kim-Seng Tan (Iggy Tan) – Chief Executive Officer On 1 April 2026, Mr Iggy Tan was appointed Chief Executive Officer (CEO). Share Issue > Share Placement In January 2026, 5,610 fully paid ordinary shares were issued on conversion of listed options at the exercise price of $0.03 per share. > Options Nil during the period. Events Subsequent to Balance Date Since balance date, the following matters have arisen: > on 8 July 2026, the Company announced further progress with its Silver Extraction PV Recycling project, including successful development and testing of an improved microwave energy distribution system designed to achieve more uniform heating across solar panels and enhance the MJHT delamination process; > on 15 July 2026, the Company provided an update on its spodumene offtake partner, Norah Mining Limited, which advised that construction of its 120,000 tonne per annum spodumene concentrator in Nigeria was progressing, with supply under the Company’s binding offtake agreement currently targeted to commence in late 2026. The Company also identified the potential to undertake interim third-party spodumene trading prior to commissioning of its proposed North American lithium refinery; > on 5 August 2026, the Company secured binding commitments from sophisticated and professional investors to raise $900,000 before costs through a placement at $0.0035 per share. The placement comprises two tranches, with the second tranche and the issue of free-attaching options subject to shareholder approval. The funds will be applied towards working capital and advancement of the Brownsville Lithium Refinery, Silver Extraction PV Recycling and Gold Copper Diamide Extraction projects; > on 8 August 2026, 108,500,000 unquoted options exercisable at $0.03 expired without exercise or conversion; > on 11 August 2026, the Company announced further positive laboratory results from its Gold Copper Diamide Extraction (GCDE) technology, achieving gold recoveries exceeding 99% and producing metallic gold with a purity of 97.04%. Testing also achieved 98% gold recovery from dissolved electronic waste, providing further validation of the technology ahead of pilot-scale demonstration and commercialisation; > on 22 August 2026, 9,000,000 unquoted options exercisable at $0.03 expired without exercise or conversion; > on 24 August 2026, the Company completed settlement of Tranche 1 of its previously announced placement, raising $848,452 before costs through the issue of 242,415,000 ordinary shares at $0.0035 per share. Tranche 2 of the placement remains subject to shareholder approval; Half-Year Financial Report 2026 Lithium Universe Limited and Its Controlled Entities - 7 - Lithium Universe Limited Interim Financial Statements 2026 > on 27 August 2026, the Company announced further positive laboratory results from its Gold Copper Diamide Extraction (GCDE) technology, demonstrating the ability of the diamide ligand to recover additional critical metals from electronic waste. Test work achieved greater than 99% gallium recovery and approximately 99–100% platinum recovery under selected laboratory conditions, expanding the potential application of the technology beyond gold and copper recovery; and > on 7 September 2026, the Company announced the results of its Pre-Feasibility Study for the proposed Brownsville Lithium Refinery in Texas, USA. The study estimated a pre-tax NPV of approximately US$787 million, a pre-tax IRR of 21.0% and annual EBITDA of approximately US$161 million at full production, based on production of up to 18,270 tonnes per annum of battery-grade lithium carbonate. The estimated capital cost is approximately US$607 million, including a US$130 million contingency allowance. Apart from the above, no matters or circumstances have arisen since the end of the financial year which significantly affected or could significantly affect the operations of the Group, the results of those operations or the state of affairs of the Group in future financial years. Auditor's Independence Declaration A copy of the auditor’s independence declaration as required under section 307C of the Corporations Act 2001 is set out immediately after this directors’ report. This report is made in accordance with a resolution of directors, pursuant to section 306(3)(a) of the Corporations Act 2001. Gernot Abl Chair 9 September 2026 RSM Australia Partners is a member of the RSM network and trades as RSM. RSM is the trading name used by the members of the RSM network. Each member of the RSM network is an independent accounting and consulting firm which practices in its own right. The RSM network is not itself a separate legal entity in any jurisdiction. RSM Australia Partners ABN 36 965 185 036 Liability limited by a scheme approved under Professional Standards Legislation RSM Australia Partners Level 32 Exchange Tower, 2 The Esplanade Perth WA 6000 GPO Box R1253 Perth WA 6844 T +61 (0) 8 9261 9100 www.rsm.com.au AUDITOR’S INDEPENDENCE DECLARATION UNDER SECTION 307C OF THE CORPORATIONS ACT 2001 TO THE DIRECTORS OF LITHIUM UNIVERSE LIMITED As lead auditor for the review of the financial report of Lithium Universe Limited for the half-year ended 30 June 2026, I declare that, to the best of my knowledge and belief, there have been no contraventions of: (i) the auditor independence requirements of the Corporations Act 2001 in relation to the review; and (ii) any applicable code of professional conduct in relation to the review. RSM AUSTRALIA TUTU PHONG Perth, WA Dated: 9 September 2026 Partner Half-Year Financial Report 2026 Lithium Universe Limited and Its Controlled Entities - 9 - Lithium Universe Limited Interim Financial Statements 2026 Consolidated Statement of Profit or Loss and Other Comprehensive Income For the Half-Year Ended 30 June 2026 Note 30 June 2026 $ 30 June 2025 $ Continuing Operations Revenue 5(a) 16,842 7,744 Administration expenses 5(b) (289,378) (355,803) Compliance & professional expenses (50,695) (465,895) Depreciation expenses (17,345) (1,571) Employee benefits (572,762) (696,941) Exploration expenses 30,000 - Impairment & write off of exploration and evaluation assets 7 - (5,230,944) Marketing & promotional (44,166) (339,192) Plant engineering costs (70,715) (364,000) Research & development expenses (158,148) - Interest expense on lease liabilities 11 (3,032) - Other expenses 5(c) - (207,766) Share-based compensation expense 14(b) (135,492) (363,688) Loss from continuing operations before income tax (1,294,891) (8,018,056) Income tax expense - - Loss after income tax expense for the Half-Year (1,294,891) (8,018,056) Total comprehensive (loss) for the period (1,294,891) (8,018,056) Loss attributable to: Members of Lithium Universe Limited (1,294,891) (8,018,056) Non-controlling interest - - (1,294,891) (8,018,056) Total comprehensive loss attributable to: Members of Lithium Universe Limited (1,294,891) (8,018,056) Non-controlling interest - - (1,294,891) (8,018,056) Loss per share from continuing operations, attributable to the owners of Lithium Universe Limited: Basic loss per share (cents) (0.08) (0.79) Diluted loss per share (cents) (0.08) (0.79) The weighted average number of ordinary shares used in the calculation of basic earnings per share 1,616,109,891 1,015,123,269 The accompanying notes form part of these Financial Statements. Half-Year Financial Report 2026 Lithium Universe Limited and Its Controlled Entities - 10 - Lithium Universe Limited Interim Financial Statements 2026 Consolidated Statement of Financial Position As at 30 June 2026 Note 30 June 2026 $ 31 December 2025 $ ASSETS CURRENT ASSETS Cash and cash equivalents 6 56,683 2,060,168 Trade and other receivables 17,628 12,004 Other current assets 33,083 93,830 TOTAL CURRENT ASSETS 107,394 2,166,002 NON-CURRENT ASSETS Right of use assets 8 65,129 11,690 Plant and equipment 68,993 4,881 Exploration, evaluation and development assets 7 - - TOTAL NON-CURRENT ASSETS 134,122 16,571 TOTAL ASSETS 241,516 2,182,573 LIABILITIES CURRENT LIABILITIES Trade and other payables 9 2,237,222 3,133,284 Other liabilities 10 271,614 210,296 Lease liabilities 11 23,941 11,690 TOTAL CURRENT LIABILITIES 2,532,777 3,355,270 NON-CURRENT LIABILITIES Lease liabilities 11 43,103 - TOTAL NON-CURRENT LIABILITIES 43,103 - TOTAL LIABILITIES 2,575,880 3,355,270 NET LIABILITIES (2,334,364) (1,172,697) EQUITY Issued capital 13 65,766,773 65,769,041 Reserves 14 15,800,525 15,665,033 Non-controlling interest - - Accumulated losses (83,901,662) (82,606,771) TOTAL EQUITY (2,334,364) (1,172,697) The accompanying notes form part of these Financial Statements. Half-Year Financial Report 2026 Lithium Universe Limited and Its Controlled Entities - 11 - Lithium Universe Limited Interim Financial Statements 2026 Consolidated Statement of Cash Flows For the Half-Year Ended 30 June 2026 Note 30 June 2026 $ 30 June 2025 $ CASH FLOWS FROM OPERATING ACTIVITIES: Interest and other income received 5(a) 16,842 7,744 Interest paid (3,032) - Payment for security bond 8(i) (13,200) - Payment for research and development (116,800) - Payments to suppliers, directors and employees (926,395) (1,075,380) Net cash used in operating activities (1,042,585) (1,067,636) CASH FLOWS FROM INVESTING ACTIVITIES: Refund of tenement security bond 7(c) 30,000 - Payment for exploration expenditure - (3,482) Payments for plant and equipment (69,589) (3,555) Payments for engineering studies (909,091) (9,705) Net cash used in investing activities (948,680) (16,742) CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from share issue (options exercised) 13(c) 168 - Proceeds from placement (net of transaction costs) - 642,529 Payment for capital raising costs (2,436) - Repayment of lease liabilities (9,952) - Net cash provided by/(used in) financing activities (12,220) 642,529 Net (decrease) in cash and cash equivalents held (2,003,485) (441,849) Cash and cash equivalents at beginning of year 2,060,168 906,403 Cash and cash equivalents at end of the Half-Year 56,683 464,554 The accompanying notes form part of these Financial Statements. Half-Year Financial Report 2026 Lithium Universe Limited and Its Controlled Entities - 12 - Lithium Universe Limited Interim Financial Statements 2026 Consolidated Statement of Changes in Equity For the Half-Year Ended 30 June 2026 Issued capital $ Reserves $ Accumulated losses $ Non- controlling interest $ Total equity $ Balance at 1 January 2026 65,769,041 15,665,033 (82,606,771) - (1,172,697) Loss for the period attributable to members of the parent entity - - (1,294,891) - (1,294,891) Fair value through Other Comprehensive Income - - - - - Non-controlling interest - - - - - Total Comprehensive Loss for the period - - (1,294,891) - (1,294,891) Issue of share capital (options exercised) 168 - - - 168 Share issue costs (2,436) - - - (2,436) Share based payments - 135,492 - - 135,492 Balance at 30 June 2026 65,766,773 15,800,525 (83,901,662) - (2,334,364) Balance at 1 January 2025 61,898,213 14,719,490 (72,931,106) - 3,686,597 Loss for the period attributable to members of the parent entity - - (8,018,056) - (8,018,056) Fair value through Other Comprehensive Income - - - - - Non-controlling interest - - - - - Total Comprehensive Loss for the period - - (8,018,056) - (8,018,056) Share placement (June 2025) 600,000 - - - 600,000 Share issue costs (91,706) - - - (91,706) Share based payments - 363,688 - - 363,688 Balance at 30 June 2025 62,406,507 15,083,178 (80,949,162) - (3,459,477) The accompanying notes form part of these Financial Statements. Half-Year Financial Report 2026 Lithium Universe Limited and Its Controlled Entities - 13 - Lithium Universe Limited Interim Financial Statements 2026 Condensed Notes to the Consolidated Financial Statements For the Half-Year Ended 30 June 2026 1 CORPORATE INFORMATION The financial report of Lithium Universe Limited (“the Company”) for the Half-Year ended 30 June 2026 was authorised for issue in accordance with a resolution of the Directors on 9 September 2026. The financial report comprises of the activities for the Company and its subsidiaries (together referred to as “the Group”), which is primarily involved in mineral exploration. The Company’s long-term goals are to close the “Lithium Conversion Gap” in North America and revolutionise the photovoltaic (PV) solar panel and e-waste 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, gold and copper from e-waste. The Company is incorporated in Australia and limited by shares which are publicly traded on the Australian Securities Exchange. The consolidated annual financial statements of the Group as at and for the year ended 31 December 2025 are available upon request from the Company’s registered office at Unit 2, 190 Main Street, Osborne Park WA 6017, or https://www.lithiumuniverse.com/ 2 SUMMARY OF MATERIAL ACCOUNTING POLICIES The Half-Year financial report does not include all of the notes of the type normally included within the annual financial report and therefore cannot be expected to provide as full an understanding of the financial performance, financial position and financing and investing activities of the Group as the full financial report. The 2026 Half-Year financial report should be read in conjunction with the Annual Financial Report of Lithium Universe Limited as at 31 December 2025. It is also recommended that the Half-Year financial report be considered together with any public announcements made by Lithium Universe Limited and its controlled entities during the Half-Year ended 30 June 2026 in accordance with the continuous disclosure obligations arising under the Corporations Act 2001. (a) Basis of Preparation The Half-Year financial report is a general-purpose financial report, which has been prepared in accordance with the requirements of the Corporations Act 2001 and Australian Accounting Standards, including AASB 134 “Interim Financial Reporting”. Compliance with Australian Accounting Standards ensures that the financial statements and notes also comply with International Accounting Standard IAS 34 “Interim Financial Reporting”. For the purpose of preparing the 2026 Half-Year financial report, the Half-Year has been treated as a discrete reporting period. (b) Basis of consolidation The Half-Year consolidated financial statements comprise the financial statements of Lithium Universe Limited and its controlled subsidiaries (the “Group”). The principal accounting policies adopted are consistent with those of the previous financial year and corresponding interim reporting period, unless otherwise stated. The Group has adopted all the new or amended Accounting Standards and Interpretations issued by the Australian Accounting Standards Board ('AASB') that are mandatory for the current reporting period. Any new or amended Accounting Standards or Interpretations that are not yet mandatory have not been early adopted. (c) Going concern As disclosed in the financial statements, the Group incurred a loss after tax of $1,294,891 and had net cash outflows from operating and investing activities of $1,042,585 and $948,680 respectively for the half-year ended 30 June 2026. As at that date, the Group’s total liabilities exceeded its total assets by $2,334,364. Half-Year Financial Report 2026 Lithium Universe Limited and Its Controlled Entities - 14 - Lithium Universe Limited Interim Financial Statements 2026 The ability of the Group to continue as a going concern is principally dependent upon raising additional capital or securing other forms of financing, as and when necessary to meet the levels of expenditure required for the Group to continue to progress the lithium refinery development and its research and development activities and to meet the Group’s working capital requirements. These factors indicate a material uncertainty that may cast significant doubt as to whether the Group will continue as a going concern and therefore whether it will realise its assets and extinguish its liabilities in the normal course of business and at the amounts stated in the financial report. The Directors believe that it is reasonably foreseeable that the Group will continue as a going concern and that it is appropriate to adopt the going concern basis in the preparation of the financial report after consideration of the following factors:  proven ability of the Company to raise the necessary funding as evidenced by the successful complet