Quarterly Activities/Appendix 5B Cash Flow Report

Lithium Universe Limited (“Lithium Universe”, the “Company” or ASX: “LU7”) is pleased to present its Quarterly Activities and Cash Flow Report.

HIGHLIGHTS

Appointment of Hatch for Lithium Carbonate Plant Engineering Study

• Hatch Ltd appointed Lithium Carbonate Engineering Study Manager
• Study focus is 16,000 tpa battery grade lithium carbonate plant
• Multi disciplinary engineering group with extensive lithium experience
• Hatch designed and built the 17,000 tpa Jiangsu Lithium Carbonate Plant for Galaxy
• Under the leadership of Dr Jingyuan Liu and John Loxton
• Part of the Quebec Lithium Processing Hub (QLPH) Strategy

Hatch Completion of Location Study for Lithium Carbonate Refinery

• Completed a location study for the optimal Lithium Carbonate Refinery site
• 16,000 tonne per annum battery-grade lithium carbonate refinery
• Bécancour Industrial Park most favoured between Québec City and Montreal
• Commenced discussions with the industrial park

LU7 Bolsters North American Operational Experience

• Appointment of Ms Victoria Vargas, as Director to its subsidiary, Lithium Universe (Holdings) Ltd (Canada)
• 25 years of experience within North American capital markets
• Extensive experience across the mining and minerals industry

• Strategically expanding presence in Québec
• Centrally Located near engineering partners HATCH and Primero Group

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