Initial Response to the Chilean National Lithium Policy

• LPI is pleased to provide an English translation of two media reports in Chile in response to the initial release of the Chilean National Lithium Policy and the potential effect on the company’s Maricunga lithium brine project.
• The Policy determines clear general guidelines, which will give way to various projects in the existing salt flats network, incorporating the necessary competition in the industry and accelerating the processes of innovation and adoption of new standards for lithium projects in Chile.
• LPI expects further information on the release of more details of the policy, possibly providing the effect on the Maricunga project in coming days and will provide updates the market accordingly.