Galan Lithium Limited

Quarterly Activities Report March 2026

Highlights Phase 1 construction at Hombre Muerto West (HMW) completed, a key inflection point as Galan transitions from developer to producer Plant electrical and mechanical systems testing complete, wet commissioning phase to commence soon A$40 million institutional placement completed at A$0.41 per share to fund the Phase 1 capacity expansion from 4 ktpa LCE to 5.2 ktpa LCE, working capital and to fund exploration activities at Greenbushes Significant brine inventory of circa 10,000 t LCE will be ready for processing by end of April 2026; first lithium chloride concentrate targeted in H1 2026, first shipment H2 2026 Board strengthened with appointment of Mr Ofer Amir as Non-Executive Director; Ms Katherine Garvey appointed Company Secretary Strong cash position of A$ 40.7 million with no debt. PERTH, AU / ACCESS Newswire / April 27, 2026 / Galan Lithium Limited (Galan or the Company) presents its Quarterly Activities Report for the quarter ended 31 March 2026, along with activities up to the date of this release.