LITHIUM

LITHIUM –
MADE IN THE
MADE USA
IN THE USA
Helping Secure America’s Energy Security
Helping Secure Americas Energy Security

2023
2023 Macquarie
Macquarie Australia Conference
Australia Conference

:PLL

:PLL

ARBN
ARBN647647
286 360
286 360

May 2023
May 2023
DISCLAIMERS
Forward Looking Statements
This presentation contains forwardlooking statements within the meaning of, or as described in, securities laws in the United States and Australia, including statements regarding exploration, development and construction actvte
of Piecmont Lithium, Sayona Mining and Atntic Lithium; current plans for mineral and chemical processing projects of Pledmont and its partners projectons of market demand and prices: statements about the timing and amoun
of reserve and resource declarations and Cheical processing operatons: siategy. value:fetuns; capial alocation and nvestment. expectations regarding permiting: costs iz pte i pabde e sl eyt

Such forward-looking statements involve substantial and known and unknown risks, uncertainties and other risk factors, many of which are beyond our control, and which may cause actual timing of events, results, performance or achievements and other factors to be mateialy
diffeent from the future timing of events,resuls, performance or achievements expressed or implied by the forwarchooking statements. Such risk factors include, among others ) that Predmont will be unabie to commercially extract mineral deposis o Tesla, LG Chem
o othervise, i) tht the propetie of Pledmont o s pariners may not contan expected tesetves of tesources, ) risks and hazards inherent n the mining business (ncuding risks inherent in exploing. developing, constucting and operating mining projects, envionmental hazards,
ndustial accidents, weather or geologicaly related conditons). (v) ncertainty about Pedmonts, Sayona Minings or Atlntc Lithums abity 1o Gbtain required capial to execute theirbusiness plans (1) Pecmont', Sayona Mining's or Atlantc Lithumis abily to hite and retain
required personnl, (1) changes n the market prices of Ithium and ihium products, (i) changes n technology or the development o substitute producs, (i) uncertaintes. inherent in exploraton, development and production actvites, including rsks elating (0 perittng. zoning
and regulatory approvals or the projects of Pledmont of ts partners, (x) uncertantes inherent n the estmation of ihium resouces, (x) iks elate 1o competiion,(x)isks related 10 infosmation, data and projections disclosed by third partie,incuding Pledmont' partners, () occurrences
and outcomes of lams, ligation and regulatory actons,investgaiions and proceeding, (i) iss regarding our ably 1o achieve profitabilty. enter nto and deliver product under supply agreements on favorable terms, obtai sufficnt financing, comply with governmental
reguiations and obtain necessary permit, and (xiv) other uncertaintios and risk factors set out i flings and disclosures mad by Piecmont and fs parners from tme (0 tme. including lings with the US Secuities and Exchange Commission ('SECﾰ)and the Austalan
Securties Exchange (ASX'). The forwarcooking satements,projections and estimales n ths presentaton are given only as of the dateof ths presentation and actual events, fesults, performance and achievements could vary signficantl from the forwardlocking satements,
projections and estimates presented i tis presenaton. Roaders ate cautioned not 0 put undue reiance on forwarctooking statements. Pecmont discaims any inent or obigation t update publicy such forwarctooking statements, rojections and estmates, whether as
a esultof new information, uture events orothervise. Adtionaly,Pedmont excepi as recuied by applicable aw, undertakes no obligation 0 comment on analyses, expectatons o statements made by thd partes i tespect R e i e i it

Qualified Persons Statement

We have reported mineral reserves, which were prepared in accordance with Regulation S-K ftem 1300 (es promulgated by the SEC, "S-k 1300")) and the 2012 Edtion of the Australasian Code for Reporting of Exploration Results, Minera Resources and Ore Reserves (the
JORC Code) (as equied by the ASX. in connection with our exploation and evaluation activies. A of December 31, 2022, we reported 183 milon melrc tons of probable mineral eserves at grade of 110% L0, We issued ou fist minera resource estimate pursuant o S-K
1300 and the JORC Code on October 2, 2021 and have not inalized any subsequent estimates. The e v pectntla semerys AR s Comn e ey s awtmns b o o weiicay el ottt of oaaietion.

The minerel resource figures presented herein are estimates besed on information svailsble at the tme of caiculation and do not include thet portion of our mineral resources thet boen converted to proven and probsble reserves as shown above, as they are reported exclusive
of minerl reserves. We have reparted mineral resources, prepared in accordance with $K 1300, as partof our exploration and evaluation actiites. A5 of acirnbnr ST 20002, wh s Wi 25,05 rilice messe s i midial oL, SAGRISNS DE el el v, oL rschs oF 100G L.

An initial Technical Report Summary with respect to our estimated mineral reserves was filed as an exhibit to our Transition Report for the six-month period ending December 31, 2021. An Amended Technical Report Summry, dated Aprl 20, 2023 (the Amended TRS), was
fled as Exhibit 9.3 0 our most recent Form 10-K/A 1o include certain nformation o required by $-K 1300. Key assumptons and parameters relating o our estmates of mineral teserves and esources are discussed in Sectons 19 and 110 of the Amended TRS. We intend
o publsh reserves annually and recalculate reserves if any new sigifcant changes are expected. Sakdnrs e BonounE Tratsl peices: chancse to astnates of future nrackiotion ant costs. divestrants and doaietion: as wall a8 arvianmuisiisne and scdibons:

As required by ASX Listing Rules, Piedmont confirms that: ) t s not aware of any new information or data that materially affects the information included in our most recent form 10-K/A ; b all matesial assumptions and technical parame
underpning mineral reserves, minera resources, production targets,and related forecastfinancial nformation derived from production targets included in our form 10-K/A continue 1o apply and TR ey CharnacE S0c oY
ot BV SO I e e Cusiter] Paiicner AnoN s Bal EcmuOuicl N SEDER v o bian sty OO fros D Al TRS:

: PLL : PLL
DISCLAIMERS
Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Mineral Resources
Standards for Assessing Mineral Reserves and Resources

As a US. public company listed in the United States and Australia, Piedmont is required to comply with the resource estimation standards of both S-K 1300 and the JORC Code. Certain of Piedmont's partners instead oy ith t IR
Cotla or Claradien Sationsl inetsusrasnt 43-101, Stindierclrof Disciois for Minsial Profecis (Wi 43-10Tﾰ1
Each of these standards contain specific meanings for terms such as mineral resource, messured mineral resource, indicated mineral resource and inferred mineral resource" proven mineral reserves, probable
mineral eserves' and for various types of technical studies. Although the principles for reporting mineral reserves and resources, ncluding subcategories of measured, indecated and infered resources.are broadly simlar
under each sa of standards, we caution you that estimates prepared solly under the JORG Code of NI 43-101 are ot flly comparable to simlary ted measures disclosed under $-K 1300 ot the other reporting arel dielostnc
roouiseante/of e LS facooal scierifo leiie. 1Ll and TRo s
Mineral Reserves and Resources of Piedmont

Mineral reserve and mineral resource information contained in this presentation for the Carolina Lithium Project was prepared by Piedmont in accordance with S-K 1300 and the JORC Code.

Mineral Reserves and Resources of Sayona Quebec

Mineral reserve and mineral resource information contained in this presentation for the Authier and North American Lithium Projects was prepared by Sayona in accordance with the JORC Code and NI 43101 Such Informetion
wes niot prepered in aocordence with S-K 1300,
Mineral Reserves and Resources of Atlantic Lithium

Mineral reserve and mineral resource information contained in this presentation for the Ewoyaa Project was prepared by Atlantic Lithium in accordance with the JORC Code. Such information was not prepared in accordance with S-K 1300,

In September 2022. Atlantic Lithium announced the successful completion of a technical study for Ewoyaa in accordance with the JORC Code. demonstrating the potential of Ewoyaa to produce low-cost spodumene: Concentrate
using a dense medium only processing technique. I the Atlantc Litium techricalstudy, 24 5% of the mined tons reported n the production target was based on the inclusion of nferred tesouces There s lowlevel o geological
confidence associted wih nfered minera resoutces, and there s o cerainty that further exploration work woul resu i determination of measiued o inccatect mineral fesources resufing from he inferre resources,tht the inferrec
resoutces would be converted to mineral eserves o tha the production targe el would be ealized. Athough Atantc it has characterized ths technical study 253 refeasibilty study, due 10 the inclusion of the nferred resources,
we consider the production target and s associated ﾬcoN0MICS 5 SC0PINg Study.

: PLL : PLL
WHY PIEDMONT? CORPORATE
CORPORATESNAPSHOT
SNAPSHOT
Shares / CDIs Outstanding (100 CDIs = 1 Share) 19.18 mm 1,918.2 mm

Price (@ 4/28/23) $57.50 A$0.86

Average Daily Trading Volume (90-day) $28 mm A$2 mm

Market Cap (@ 4/28/23) $1.1bb A$1.6 bb

Cash (Est. 3/31/23) $129 mm A$196 mm

Equity Interests at Market (@ 4/28/23) ST A$279 mm

: PLL : PLL
SHORTFALLS ANTICIPATED IN THE U.S.
U.S. Battery Plants Expected to Require >40x1 Current U.S. Lithium Hydroxide Capacity

Rased on current LS canacity of 17k tonnes per vear (tov) and announced aigafactory demand of 715k tov.
: PLL : PLL
9 Estimated supoiv baced on axicting cabnacity. stupnhier technical studies and cornorais announcemnents

3. Estimated demand is estimated based on a 0.9 Mt LiOH intensity per MWh of demand.
 U.S. GOVERNMENT EV FOCUS
Piedmont is Well-Positioned to Benefit from America’s Pro-EV Policies
DEPARTMENT OF ENERGY Battery Materials Grant Programs Advanced Technology Vehicle Manufacturing
= Piedmont selected for $141.7 million grant for Tennessee Lithium# = Grant to be funded alongside Piedmont project equity contributions = AT
Loans loan applications submitted? = Historically, long-term loans at US Treasuries flatﾮ

▪
DEPARTMENT OF ENERGY ▪

▪
▪

INFLATION REDUCTION ACT Advanced Manufacturing Production Credit (45X) Clean Vehicle Credit
= 45X - Advanced Manufacturing Production Credit = Production tax credit equal to 10% of annual production costs = Available only to U.S. taxp
(30D) Commercial Clean Vehicles (45W) = Credits are tradeable = 30D - Clean Vehicle Tax Credit = $7,500 credit for qualifying light vehicle purchases = Credit requires escalating
usage of domestic critical minerals (includes FTA countries) = 45W provides up to $40,000 credit for large commercial vehicles
▪
▪
▪
INFLATION REDUCTION ACT ▪

▪
▪
▪
▪

4./5./6. SeeEnd Notes for corresponding detailed disclosures : PLL : PLL

LOCATION MATTERS!
UNITED STATES
▪ domicile improves access to US capital markets
US
=▪Russell 2000 inclusion / over 20% of PLL shares held by Index Funds
ﾻ Well-positioned to benefit from the IRA and other US government proarams
▪
=▪ Southeastern United States has become the Battery Belt

QUEBEC
=▪Based near Val-d'Or. a maior minina service center
ﾫ▪No requirement for fly-in/fly-out labor
=▪Reliable, clean and sustainable hydropower
=▪Proximity to rail network to access St. Lawrence Seaway and US markets

GHANA
▪
= Project site is 1km from a paved road and 110km from port at Takoradi

ﾻ▪Hvdro and solar power proximate to site

=▪ Strong national employment, training proarams, and community engagement
-▪Minm￩ friendly jurisdiction - mining is the v}argest tax-paying sector inthe
country

TENNESSEE
=▪Near planned and existing cathode, battery, and automotive plants
ﾻ▪Development-ready site located near rail hiahwavs and waterwavs

=▪ Strong local workforce, business climate and government support

ﾻ▪Located on the Carolina Tin-Spodumene Belt in Gaston County, NC

=▪ Single integrated site
= Qutstanding transport and power infrastructure
▪
=▪ Proximity to lithium and byproduct markets
: PLL : PLL
7. According to the U.S. Department of Commerces Country Commercial Guide for Ghana
PIEDMONT PROJECT PORTFOLIO
Quebec? (el ETELS RCIlg=hETET Carolina

[t e [TAe
Ownership: 50% Piedmont / 50% Atlantic Lithium Piedmont T TR LT
owns 9.4% of Atlantic Lithium

L LU LT
[ |3VOEED L Tennessee Lithium [T Carolina Lithium

Location Abitibi, Quebec, Canada Location Cape Coast, Ghana Location McMinn County, TN Location Gaston County, NC

Reserves 32.9Mt @1.04% Li,O Reserves 18.9Mt @ 1.24% Li,0 Reserves. N/A Reserves 18.3Mt @ 1.10% Li,O

Production Year 1-4: 226,000tpy SC LOM: 190,000tpy

Production 255,000tpy SC6 (50% to PLL) Production 30,000tpy LIOH Production 30,000tpy LiOH; 242,000tpy SC6
SC (113,000tpy to PLL)

Economics $1.0bb after-tax NPV $80mm capex Economics $1.3bb after-tax NPV $125mm capex Economics $2.5bb after-tax NPV $376mm steadyEconomics $2.0bb after-tax NPV $459mm steady
state EBITDA state EBITDA

8./9./10./11./12./13. See End Notes for corresponding detailed disclosures : PLL : PLL
PIEDMONT SHARE OF ANNUAL MARKETABLE CAPACITY
Illustrative
IllustrativeShare of Production!?
Share of Production14
I 2023 2024 2025 2026 2027+

91eJ11US0U0D
Sayona Quebec's 56,500 113,000 113,000 113,000 113,000
suswnpodg

Atlantic Lithium?e 127,500 127,500 127,500

Carolina Lithium' 242,000

Produced 56,500 113,000 240,500 240,500 482,500

SC6 Feedstock for Conversion'd 195,000 390,000

| Spodumene Concentrate Available for Sale SleR<T0]0) LiicHele]0] p2ZIoR:0lo] 45,500 ey Rs{0lo)

s|ealway) wniy
LiOH - Tennessee Lithium?ﾮ 30,000 30,000

LiOH - Carolina Lithium'? 30,000

Li,CO, - Sayona Quebec20 thd

| LiOH Available for Sale loX0le]0] 60,000

14./15./16./17./18./19./20. See End Notes for corresponding detailed disclosures : PLL : PLL
FIRST PRODUCTION ACHIEVED Q1 2023
Indicative Timelines
Indicative Timelines – Actual
 Actual Timelines Timelines
Remain Remain
Subject to Permitting Subject to Permitting and Funding
and Funding

QUEBEC

GHANA

TENNESSEE

CAROLINA

: PLL : PLL
 PEER BENCHMARKING
PLL
PLLOffers
OffersScale, Diversification
Scale, and Downstream
Diversification Integration, with Near-term
and Downstream Production
Integration, withatNear-term
NAL Production at NAL

22, Enterprise Values consist of market capitalization, total debt. minority interests. preferred stock. and convertible preferred stock less cash and short-term investments. Data is sourced from Factset as of April 28. 2023 and shown in US$mm.

23. Figures are based on disclosed resource updates and average life of mine production estimates. Production estimates may include the use of inferred resources. Proportional rights and offtake agreements are reflected. Note that: projects
for
: PLL PLL which technical studies have
not been completed are excluded. See Peer Project Notes for additional disclosures surrounding production estimates and supporting studies.
 NAL RESTART COMPLETED
Restart
RestartCompleted
Completedin March as Scheduled;
in March DFS DFS
as Scheduled; Published in Aprilin April
Published
NAL RESTART
=▪ Only major new source of spodumene concentrate expected in
North
America in the near-term
=▪Commercial operations commenced with deliveries to Port of
Quebec City ongoing

=▪ First commercial shipment to customers targeted for Q3 2023

=▪ Continued upgrades underway to improve operational
efficiency, reliability,
grade, quality, and recoveries

=▪ Production target increased to 226,000 tonnes per year for

first four
years of operation and 190,000 tpy thereafter
=▪ Included strategic review of Mineral Resource and Reserves
resulting
in increased head grade
=▪ PFS for completion of on-site carbonate refinery to be
completed in
Q2 2023
24, SeePiedmontannounosment Sayona Mining and Pledmont Lithium Annotincs Sucoesful Restartof North Amercan Litium
pessbapirpgrgcinbeaivirierp
el st haisrtuse g
: PLL : PLL
25, See Sayons Mining ASX announcement DFS Confirms NAL Vakue with AS2.28 NPV dated Apnl 14, 2023, a copy of which can be-
foundon
Sayona Miningswebsie.
COMMERCIAL ARRANGEMENTS
Piedmont
Piedmont willwill
SellSell
Spodumene Concentrate
Spodumene Until Conversion
Concentrate Plants are Operational
Until Conversion Plants are Operational

PIEDMONT AS CUSTOMER PIEDMONT AS SUPPLIER

113,0007PY SC - LOM?26
200,000T1 SC - 4 YEARS?8
= >113.000tpv
▪ or 50% of production
= Market
▪ price subiect to floor & ceilina =▪50.000tpy commencinag H2 2023
= Floor
▪ $500/t: ceiling $900/t SC6 = ▪Priced with reference to Fastmarkets
SC6 pricina
= Life
▪ of mine
= Secondary
▪ feedstock for Tennessee =▪To be supplied via SYQ offtake
= Evaluating
▪ options for conversion in
Quebec

~127,500T1PY SC - LOM? 125,000T1 SC - 3 YEARS?ﾮ

=▪ 50% of Ghanaian production =▪First shipment planned for late-2023

=▪Market pricing =▪Priced with reference to Fastmarkets
LiOH pricina
ﾫ▪Life of mine
=▪ Primary feedstock for Tennessee =▪ To be'supp
ed via SYQ offtake

26./27./28./29. SeeEnd Notes for corresponding

End Notes | detailed disclosures
: PLL : PLL
ILLUSTRATIVE POTENTIAL CASH FLOW FROM NAL OFFTAKE
Piedmont’s Offtake Agreement is for the Greater of 113ktpy or 50% of Production for Life of Mine

: PLL : PLL
 FUNDING OUR GROWTH
Objective – Maximize Growth While Minimizing Equity Dilution
BALANCE SHEET = $129mm estimated cash at 3/31/23 = $185mm equity value in shares of Sayona Mining and Atlantic Lithium

▪
BALANCE SHEET ▪

OPERATING CASH FLOW = Successful NAL restart in Q1 2023 with first shipments targeted for Q3 2023 = As customer, Piedmont will buy SC at ceiling price of $900/t and sell to
customers = As investor, Piedmont will earn 25% of joint venture profits
▪
OPERATING CASH FLOW ▪
▪
GOVERNMENT PROGRAMS = $142mm DOE grant for Tennessee30 = ATVM applications submitted for Tennessee and Carolinaﾮ' = Evaluating development financing options for G

▪
GOVERNMENT PROGRAMS ▪
▪
CUSTOMER FINANCING = Discussions underway with prospective strategic partners = Structures may include offtake prepays, loans, joint ventures, or equity investments = Fun
availability will drive timing of Tennessee development
▪
CUSTOMER FINANCING ▪
▪

30. Grant fundina subiect to finalization of terms and conditions between Piedmont Lithium and the U.S. Department of Eneray.
31. Asa result of our grant award, our eligibility for an ATVM loan for Tennessee Lithium may be reduced or we may elect not to pursue an ATVM loan for the
Tanniads L ithien Profast.
: PLL : PLL
ACCOMPLISHMENTS
ACCOMPLISHMENTS / MILESTONES
/ MILESTONES
Piedmont Lithium Development Plans are On Track
Piedmont Lithium Development Plans are On Track

RECENT ACCOMPLISHMENTS

Quebec Quebec
 
Updated
 Ore Reserves at NAL of 21.7Mt @ 1.08% Li, 032 Bol o PLEE 15000 S Ha S AR a SRS

Positive PES for restart-of NAL mine/concentratar "
First spodumene concentrate production expected in H1 2023
M
strong enhancement to construction and operations teams First shipments and revenue expected H2 2023
O


Ghana Ghana

B
Ore Reserves estimated at 18.9Mt @ 1.24% Li,033
&Resource update
M
Ewovaa PFS published indicatina $1.3bb NPV and 224% IRR33

O Dpefinitive Feasibility Study
MMining license application submitted October 2022
OMining License

Tennessee Lithium
Tennessee

Ml calartinn nf Etawah TN ac cite far 20 0OOOtAv | iOH nlant
 M Definitive Feasibility Study

M Kiewit / Primero to perform Front-End Engineering Design
 OLithium hydroxide offtake

$142mm DOE grant award announced October 2022 OPproject finance

Carolina Lithium
Carolina

Permitting processes
 ongoing [0Mine Garmit
 outreach ongoing
Lommunity OAir permit
M Completion of funding of committed land purchas: OLand rezoning

Corporate
 

Corporate
Strong
 additions to technical and corporate teams Ocontinue to expand engineering team

& Fieamont adaed to Russell ﾣUUU omall Lap Inaex

L] Strategic partnerships and project financing
 (net) equity offering to fund project development
2mm Evaluate consolidation opportunities
L1
: PLL : PLL
 PEER PROJECT NOTES
Company Ownership Study [T RS Annual SC Production Chemical Production Pro-rata Production LIV I

Piedmont Lithium Sayona Quebecﾮ 25% DFS >113,000 or 50% of production 113,000 ASX Announcement - DFS Confirms NAL value with A$2.28 NP
April 14, 2023

Piedmont Lithium Ewoyaaﾮ 50% PFS 255,000 127,500 AIM Announcement - Robust Ewoyaa Pre-Feasibility Study, Sep
22, 2022
Piedmont Lithium Tennessee Lithium 100% DFS 30,000 30,000 PLL Press Release - Piedmont Lithium Completes DFS of Tenne
Lithium Project, April 20, 2023
Piedmont Lithium Carolina Lithium 100% DFS 242,000 30,000 30,000 PLL Press Release - Piedmont Completes BFS of the Carolina
Lithium Project, December 14, 2021

Sayona Mining Sayona Quebecss 75% DFS 190,000 142,500 ASX Announcement - DFS Confirms NAL value with A$2.2B NP
April 14,2023
Core Lithium Finniss 100% DFS 173,000 173,000 ASX Announcement - Definitive Feasibility Study Investor Prese
July 26, 2021
Liontown Resources Kathleen Valley 100% 500,000 500,000 ASX Announcement - Kathleen Valley DFS Presentation, Novem
11, 2021

Lithium Americas Cauchari-Olaroz 49% DFS 40,000 17,920 Lithium Americas Website - Cauchari-Olaroz Overview

Lithium Americas Thacker Pass (Phase 1) 100% DFS 40,000 40,000 Lithium Americas Website - Thacker Pass Project Summary

Lithium Americas Thacker Pass (Phase 2) 100% DFS 40,000 40,000 Lithium Americas Website - Thacker Pass Project Summary

Sigma Lithium Grota do Cirilo (Phase 1) 100% DFS 270,000 270,000 Press Release - Sigma Lithium Achieves Outstanding Project
Expansion, December 4, 2022
Sigma Lithium Grota do Cirilo (Phase 2 & 3) 100% PFS 496,000 496,000 Press Release - Sigma Lithium Achieves Outstanding Project
Expansion, December 4, 2022

Livent Carbonate for Sale 100% Operational / Expansion 30,000 30,000 Livent Website - Corporate Presentation, February 2023

Livent Carbonate Conversion?ﾮ 100% Operational / Expansion 45,000 45,000 Livent Website - Corporate Presentation, February 2023

Livent Nemaska?? 50% DFS 205,000 o 4,000 102,500 /17,000 Livent Website - Corporate Presentation, February 2023
: PLL : PLL

34./35./36./37./38./39. See End Notes for corresponding detailed disclosures

LITHIUM MARKETS

:PLL

:PLL

ABN
ABN 50
50002
002664
664495
495
LITHIUM
LITHIUM PRICES OFF
PRICES OFF ALL-TIME
ALL-TIME HIGHS
HIGHS

Source: Fastmarkets CIF China mid-price for lithium hydroxide and spodumene Piedmont Study Price and Piedmont Study Percentage are fixed prices assumed in the financial model
developed for our Tennessee Lithium DFS. : PLL : PLL
6% through April 28, 2023.
EV DEMAND PROJECTED TO GROW DRAMATICALLY
Demand has Exceeded Expectations; Supply has Struggled to Keep Up
Demand has Exceeded Expectations; Supply has Struggled to Keep Up

Source: Battery Material Review, Westbeck Capital estimates

: PLL : PLL
PIEDMONT LITHIUM

:PLL

:PLL
ABN 50 002 664 495
ABN 50 002 664 495
LEADERSHIP
LEADERSHIP KEITH
KEITHPHILLIPS
Officer
Chief Executive
PHILLIPS

Management
Management Team
Teamwithwith
the Right Technical,
the Right Financial,
Technical,
and Project and
Financial, Execution Experience
Project Execution Experience

: PLL : PLL
 QUEBEC
QUEBEC
NAL
NALRestart
RestartAchieved
AchievedMarch 20232023
March as Scheduleo
as Scheduled
Piedmont
PiedmontOfftake
OfftakeCustomers LG Chem
Customers & Tesla
LG Chem & Tesla
FACT SHEET?
HIGHLIGHTS
Location (eI
▪
▪ :NETEEY SY
▪
VA [ZEENETT NI ool RIS EINeI T
▪ 11D markat cam = ﾬ1 27k
▪
PLL Offtakeﾮﾮ Greater of 50% of (TS TR E ol

▪
Offtake Price Lo [ eB T AR

▪
EIRTTH Q32023

▪ Capex EERI

▪ Opex $691/t SC6

▪ After-tax NPVg K-

UPCOMING MILESTONES
PFS for completion of on-site carbonate
refinery to be completed
▪
in H1 2023

▪ TR R I e
for Q3 2023
: PLL : PLL
 GHANA
AtlanticLithnium
Atlantic LithiumMay
May Provide
Provide Additional
Additional High-Quality
High-Quality SC6 to
Support North American
SC6 to Support North LiOH Operations
American LiOH Operations

FACT SHEETA4ﾰ
▪ Location Ghana
ﾻ▪ 9.4% ALL shares = $24mm
*▪Earning 50% of Ghanaian lithium TN ST RT LI TET

o▪ALL market cap = $254mm [T 255,000tpy SC6

*▪Offtake - 50% of life-of-mine
production at market
PLL Offtake 50% of annual production

=▪ Mining-friendly iurisdiction b Pkl

+▪ ~70 miles from major port along

national Capex P
highway
Opex EAL 0
=▪ Efficient transport to Tennessee for
T R
[UBEe LA EIE)
=▪ Coarse-grained spodumene implies
e o
PUERET 224%
Ao R e
),▪ Aillacent ivdicelsctric bowariings

UPCOMING MILESTONES
& Dafinitiva faasibility study:
▪
BRI
▪
: PLL : PLL
 TENNESSEE LITHIUM
TENNESSEE LITHIUM
100%
100%Owned
Ownedbyby
Piedmont Lithium
Piedmont Lithium

HIGHLIGHTS FACT SHEET#

30,000tpy
▪ LiOH Production

Spodumene feed
Location Etowah, McMinn County, TN
from market sources,
including offtake agreement
▪ Product Lithium Hydroxide
with Atlantic
[E11a11VTy)

Excellent
rail, river, Production 30,000tpy LiOH
and road transport
EIS e ER R A R{O S
▪ [EECHEIY 196,000tpy SC6
FeIET e FR I T
Carolina Lithium

Selected
▪
for $142mm DOE grant under
Bipartisan Capex Rl
Infrastructure Law
Opex ANy N(e]z]
▪
EBITDA Ryt

After-tax NPVg $2.5 billion

= Frontend engineering design
= Lithium hydroxide offtake
= Potential
▪
project financing After-tax IRR 32%

▪ Payback 2.8 years

▪

41. Refer to announcement Piedmont Lithium Completes Definitive

Feasibility Study of Tennessee Lithium Project dated April
20, 2023, a copy of which can be found on our Company website
: PLL
or in our SEC filings.
: PLL
 CAROLINA LITHIUM
100% Owned by Piedmont Lithium
100% Owned by Piedmont Lithium

FACT SHEET#?
HIGHLIGHTS
KL IEN North Carolina, USA
Located
▪ in Gaston County, NC, the cradle
LT Lithium Hydroxide
of
LUEN TGV TSR

Sl le Rl aie
[) 30,000tpy LiOH
i}
Single
▪ integrated site
Skilled local
Feedstock 242,000tpy SC6
labor

Proximity
▪ to lithium and
byproduct
Capex LRI
markets

Industry-leading
▪
Opex $4,377/t LIOH
ESG
▪ profile
Projected
EBITDA $459mm first 10 years
to be a low-cost producer
LGCTEErd 1Y $2.0 billion
▪
After-tax IRR 27%
▪ [ eETe S 3.5 years

▪
▪
▪
▪
= Strategic partnering “Wehave
We have to by
to lead lead by example.
example. And If we doAnd if weaccelerate
that, well do that,ourwe’ll accelerate
self-dependence andour
eliminate 42, Refer to results of PLL Bankable Feasibility Study
announcement
▪ dated December 14, 2021, a copy of
which can
reliance on China by decades. And thats why | support this
self-dependence and eliminate reliance on China by decades. And project. U.s. Senator Thom
OO
▪ YAV AT Tillis, speaking at the groundbreaking for Piedmonts new corporate HQ in Belmont, NC, August
be found on our Company website or in our
SEC filings. Estimates
that’s prepared pursuant
: PLL to SEC S-K
1300
: PLL and the JORC Code.
31, 2022. why I support this project.” U.S. Senator Thom Tillis, speaking at the
groundbreaking for Piedmont’s new corporate HQ in Belmont, NC, August 31, 2022.
END
ENDNOTES
NOTES
Copies of the documents referred to in the end notes below can be found on the Companys website or in our SEC filings.

4. Grant fundina subiect to finalization of terms and conditions between Piedmont Lithium and the U S. Department of Eneray.
5. Asaresultof our arant award, our aligibility for an ATVM loan for Tennassee Lithium may be reduced or we may el￩ct ot to pursue an ATVM 16an for the Tennessee Lithium Project.

6. There can be no certainty as to the actual interest rate for which Piedmont may be eligible under the ATVM program.

8. Piedmont owns a 25% interest in Sayona Quebec and a 13.6% equity interest in Sayona Mining, resulting in an effective economic interest of ~35%.
9. Refer to Sayona Mining ASX announcement "DFS Confirms NAL Value with A$2.28 NPV dated April 14, 2023, a copy of which can be found on Sayona Minings website.
1V Fliedmont Can ﾬarn a oUx iInterest in Atlantic Lithium s Lhanaian lithium portrolio and Owns a 9.4 equity interest in Atiantic Lithium.
M. Production target and economics are based inclusion of inferred mineral resources which have a low level of geological confidence and as such we consider them to be at a scoping study level. Refer to
cautionary note on page 3 of this presentation. See Atlantic
Lithium announcement Pre-Feasibility Study Delivers Robust Project Economics dated September 22, 2022, a copy of which can be found on
Atlantic Lithium's website.

12. Refer to Piedmont Lithium press release dated April 20, 2023 for Definitive Feasibility Study.
1o, Relfer to the result of Fledmont Lithium Bankable Feasibility ostudy announcement datea becemuoer 14, ZUZ1, estimates prepared pursuant 1o ot o-K 1500 and the JURC Lode.

Piedmont Share of Annual Marketable Capacity

14. Figures represent PLL's pro rata share of year-end nameplate capacity and not projected annual production.
15, Piedmont has an offtake agreement for the greater of 113,000 tpy or 50% of nameplate production. Project nameplate is 190,000tpy life of mine average spodumene concentrate based on feasibility study
results announced
by Sayona Mining. See Sayona Mining ASX announcement DFS Confirms NAL Value with A$2.2B NPV" dated April 14, 2023, a copy of which can be found on Sayona Minings website.
16. Piedmont has an earn-in agreement for 50% offtake of SC6 production. Piedmont offtake is based on production results which includes the use of inferred resources which have a low level of geological
confidence and
as such we consider them to be at a scoping study level. See Atlantic Lithium announcement Pre-Feasibilty Study Delivers Robust Project Economics dated September 22, 2022, which can be
found on Atlantic Lithiums
website. Refer to cautionary statement on Page 3 of this presentation.
17. Refer to updated Amended Technical Report Summary for the Carelina Lithium Project filed with our form 10-K/A dated April 25, 2023.

18. Based on estimate of 195,000tpy of SC6 to produce 30,000tpy LiOH.

19. See Piedmont Lithium announcement "Piedmont Lithium Completes Definitive Feasibility Study of Tennessee Lithium Project dated April 20, 2023.
20. Sayona Mining is undertaking a prefeasibility study to complete the partially-constructed lithium carbonate plant at the North American Lithium facility. PFS expected in Q2 2023.

26. See Piedmont announcement Piedmont Lithium and Sayona Mining Formalize Restart Plans for North American Lithium in Quebec dated June 28, 2022
27. Piedmont offtake is based on production results which includes the use of inferred resources which have a low level of geological confidence and as such we consider them to be at a scoping study level. See
Atlantic Lithium announcement "Pre-Feasibility Study
Delivers Robust Project Economics dated September 22, 2022, which can be found on Atlantic Lithiums website. Refer to cautionary statement on Page 3.

28. See Piedmont announcement Piedmont Lithium and LG Chem Sign Equity Investment and Binding Offtake Agreements dated February 16, 2023,

: PLL : PLL
END
ENDNOTES
NOTES
Copies of the documents referred to in the end notes below can be found on the Companys website or in our SEC filings.

34. The studies listed and associated production estimates are completed using varying classifications of Ore Reserves and Mineral Resources. Production estimates may include the use of
inferred resources
which have low level of geological confidence and as such we would consider them to be at a scoping study level.

Rl e s i o g s e - e sﾫ b e e e il
Lithium and Authier are the subject of the DFS.
O AR U NS CHs LTI TGS P Satit Y FVCCEINRS TACLHE PEANT Y -l ehiat, AT PICHIL Thas A W 1 W I R T S OAI/0 HTART oL 1H) U0 VRO P LIOMN, SISO L) SV o O I (VUEIGETULE 1o T EAASLAALIVET IS0 J9 lAomont
W seme )
of inferred mineral resources which have a low level of geclogical confidence and as such we consider them to be at a scoping s(udy level. Refer to caunonavy note on page 3 of this pvssemanon
Ne. SARIRR TN FON SICHG. VTR et T VAL At PN B USE ) W ST ﾧ St i RN o Vb SAMELE | R W et e LI P R SR SR ML ST oM e 158 611 N T R G MR RTI SR AT MER FOR ST MO DLAIGND. 1A TR
Hydroxide. The existing
production and future expansion are related to production from the Salar del Hombre Muerto
O RRTRRIGIO R TV SEA L IO oIS LIVET -5 MISUGINSUR G 101 SN T IIEU ﾣV40 YOl =01 NS TRTWCETE DY I OXLIC-LERaGILy, WIRGLY Wl UORAS LIVOT IS AU BN T Gas NG o SaRUstou. 1 TIS S ploauchont Casauity
com
25k tpy existing capacity and 20k tpy future expansions related to production from the Bessemer City, North Carolina and Zhejiang, China facilities.
=9. Nemaska IS the subject of a Letinitive Feasibility study which was reieased Dy Nemaska Lithium and Hied with SEDAR on July a1, 2U19. iL s currently the Subject oF an ongoing Feasibility study which is expected
to be published in the H1 2023 and may show
a change in production targets.

: PLL : PLL
 LITHIUM
LITHIUM –MADE
MADEIN THE USAUSA
IN THE
Helping Secure America’s Energy Security
Helping Secure Americas Energy Security

Macquarie
Macquarie Australia
AustraliaConference
Conference
May
May2023
2023
Patrick H. Brindle - EVP and Chief Operating Officer

+1 412 818 0376

pbrindle@piedmontlithium.com

Corporate Office | 42 E. Catawba Street | Suite 100 | Belmont | NC 28012 | USA

Australia Office | 28 The Esplanade | 9th Floor | Perth | WA 6000 | Australia

:PLL

:PLL

ARBN
ARBN 647 286360
647 286 360 www.piedmontlithium.com