Announcement PDF Appendix 3B - Proposed issue of securities Update Summary Entity name LITHIUM UNIVERSE LIMITED Announcement Type Update to previous announcement Date of this announcement 30/6/2024 Reason for update to a previous announcement A revision has been made to the expiry date of the listed options which reflects the timetable included within the Company prospectus lodged to the ASX on 24 June 2024. The new expiry date is anticipated to be 5 January 2026, being 18 months after the expected date of quotation of the options (5 July 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 Update/amendment to previous announcement 1.4a Reason for update to a previous announcement A revision has been made to the expiry date of the listed options which reflects the timetable included within the Company prospectus lodged to the ASX on 24 June 2024. The new expiry date is anticipated to be 5 January 2026, being 18 months after the expected date of quotation of the options (5 July 2024). 1.4b Date of previous announcement to this update 30/4/2024 1.5 Date of this announcement 30/6/2024 1.6 The Proposed issue is: A placement or other type of issue Appendix 3B - Proposed issue of securities 2/6 Appendix 3B - Proposed issue of securities Part 7 - Details of proposed placement or other issue Part 7A - Conditions 7A.1 Do any external approvals need to be obtained or other conditions satisfied before the placement or other type of issue can proceed on an unconditional basis? Yes 7A.1a Conditions Approval/Condition Date for determination +Security holder approval 14/6/2024 Is the date estimated or actual? ** Approval received/condition met? Actual Comments Security holder approval for the Company's Tranche 2 share placement is to be obtained at the Company's 2023 Annual General Meeting. Part 7B - Issue details Is the proposed security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional securities in a class that is already quoted or recorded by ASX)? Existing class Will the proposed issue of this +security include an offer of attaching +securities? Yes Details of +securities proposed to be issued ASX +security code and description LU7 : ORDINARY FULLY PAID Number of +securities proposed to be issued 87,200,000 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? Yes In what currency is the cash consideration being paid? What is the issue price per +security? AUD - Australian Dollar AUD 0.02000 Will these +securities rank equally in all respects from their issue date with the existing issued +securities in that class? Appendix 3B - Proposed issue of securities 3/6 Appendix 3B - Proposed issue of securities Yes Attaching +Security Is the proposed attaching security a 'New class' (+securities in a class that is not yet quoted or recorded by ASX) or an 'Existing class' (additional +securities in a class that is already quoted or recorded by ASX)? New class Attaching +Security - New class (+securities in a class that is not yet quoted or recorded by ASX) Details of attaching +securities proposed to be issued ISIN Code (if Issuer is a foreign company and +securities do not have +CDIs issued over them) Have you received confirmation from ASX that the terms Will the entity be seeking quotation of the 'new' class of of the proposed +securities are appropriate and +securities on ASX? Yes equitable under listing rule 6.1? No ASX +security code +Security description New class-code to be confirmed Listed Options +Security type Options Number of +securities proposed to be issued 43,600,000 Offer price details Are the +securities proposed to be issued being issued for a cash consideration? No Please describe the consideration being provided for the +securities The options will be free attaching to investors who participate under the Company's Tranche 2 share placement. Please provide an estimate of the AUD equivalent of the consideration being provided for the +securities 0.000001 Will all the +securities issued in this class rank equally in all respects from their issue date? Yes Options details +Security currency AUD - Australian Dollar Exercise price Expiry date AUD 0.0300 14/12/2026 Details of the type of +security that will be issued if the option is exercised LU7 : ORDINARY FULLY PAID Number of securities that will be issued if the option is exercised Appendix 3B - Proposed issue of securities 4/6 Appendix 3B - Proposed issue of securities Number of securities that will be issued if the option is exercised 43,600,000 ordinary fully paid shares Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities proposed to be issued or provide the information by separate announcement. Part 7C - Timetable 7C.1 Proposed +issue date 14/6/2024 Part 7D - Listing Rule requirements 7D.1 Has the entity obtained, or is it obtaining, +security holder approval for the entire issue under listing rule 7.1? Yes 7D.1a Date of meeting or proposed meeting to approve the issue under listing rule 7.1 14/6/2024 7D.2 Is a party referred to in listing rule 10.11 participating in the proposed issue? No 7D.3 Will any of the +securities to be issued be +restricted securities for the purposes of the listing rules? No 7D.4 Will any of the +securities to be issued be subject to +voluntary escrow? No Part 7E - Fees and expenses 7E.1 Will there be a lead manager or broker to the proposed issue? No 7E.2 Is the proposed issue to be underwritten? No 7E.4 Details of any other material fees or costs to be incurred by the entity in connection with the proposed issue A 6% fee is to be paid to various brokers who have introduced investors to the capital raising. Part 7F - Further Information 7F.01 The purpose(s) for which the entity is issuing the securities The indicative use of funds for the Company's placement can be found within its announcement to the ASX on 1 May 2024. 7F.1 Will the entity be changing its dividend/distribution policy if the proposed issue proceeds? No 7F.2 Any other information the entity wishes to provide about the proposed issue Appendix 3B - Proposed issue of securities 5/6 Appendix 3B - Proposed issue of securities 7F.2 Any other information the entity wishes to provide about the proposed issue 7F.3 Any on-sale of the +securities proposed to be issued within 12 months of their date of issue will comply with the secondary sale provisions in sections 707(3) and 1012C(6) of the Corporations Act by virtue of: The publication of a +disclosure document or +PDS for the +securities proposed to be issued Appendix 3B - Proposed issue of securities 6/6