SX / MEDIA ANNOUNCEMENT Wednesday, 21 December 2022 Offtake Pricing and Project Expansion Update CUSTOMER PRICE REVIEWS ACHIEVE IMPROVED PRICING OUTCOMES; P680 EXPANSION PROJECT SCHEDULE ON TRACK WITH REVISED CAPITAL COST ESTIMATE. KEY POINTS • Price reviews completed with major offtake customers, resulting in improved pricing outcomes, equating to an average SC6.0 equivalent price of approximately US$6,300/DMT (CIF China) when applying current pricing reference data.