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5E Advanced Materials, Inc. (FEAM) M&A Call Transcript

Operator

Good afternoon, and thank you for joining us today for 5E Advanced Materials Special Conference Call Shareholder Update, following the last week’s announcement that the company has completed its acquisition of the assets and operations of Searles Valley Minerals. During today’s call, management will reference the company’s annual report on Form 10-K for the fiscal year ended June 30, 2026. Current report on Form 8-K filed with the SEC on September 15, 2026, including the asset-purchase agreement and press release furnished as Exhibits, each of which is available in the Investor Relations section of the company’s website. For copies of these materials, you may also contact PRA Communications at team@pracommunications.com.

As a reminder, remarks made on today’s conference call will contain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding our business strategy, plans, goals and objectives, the completed acquisition of the assets and operations of Searles Valley Minerals, the expected benefits of the acquisition, including the company’s transition to revenue-generating production, management plans for the acquired operations, including recontracting of production, cost reduction and targeted financial performance.

The company’s base plan and upside case adjusted EBITDA targets, financing plans, including the Bridge Facility and the evaluation of additional financing alternatives, the company’s liquidity and expectations regarding the timing and terms on which it may raise capital, the potential future of evaluation or development of tungsten, sulfate of potash, lithium, borates expansion and opportunities. Potential monetization of noncore assets, third-party and management projections of market supply, demand and pricing and the continued investment of the

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