Announcement PDF Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au ASX:KM1 Page 1 of 19 ASX ANNOUNCEMENT September 2026 Quarterly Activities Report Kali Metals Limited (ASX:KM1) (“Kali” or “the Company”) is pleased to present its Quarterly Report (“Report”) for the period ended 30 September 2026 (“Quarter”). During the quarter, Kali reported high-grade final drilling results from Marble Bar, identified four new gold prospects and advanced tin and tungsten exploration at Mt Cudgewa in Victoria. Kali also signed a binding agreement with JX Advanced Metals Corporation for up to $700,000 of exploration funding across the Southern Lachlan Fold Belt Project. Highlights Marble Bar Project • Final results were reported from Phase II drilling, which comprised 4,059m of reverse circulation (RC) drilling and 282m of diamond drilling • Best results from diamond drilling included0F 1 : o 2.6m @ 10.8 g/t Au from 8.7m o 1.8m @ 7.4 g/t Au from surface • Four new gold prospects at Marble Bar delivered high-grade rock-chip results, which included 53.1g/t Au and 6.0g/t Au at Stug Gold Prospect and 5.8g/t Au at Vickers Gold Prospect1F 2 . • Soil sampling generated further targets, including a 6.5km gold-in-soil anomaly of E45/6430. • Post-quarter, nine new gold targets were identified from high-resolution drone imagery and gold-in-soil geochemistry, with Phase III reconnaissance program scheduled to commence in mid-October. Southern Lachlan Fold Belt • Mt Cudgewa rock-chip samples returned up to 6.0% SnO2 and 0.38% WO3 from a mineralised vein system mapped across an area ~1.7km long and 250m wide2F 3 . Corporate • Binding agreement signed with JX Advanced Metals to fund up to $700,000 of exploration through to 31 March 2027, with an option to negotiate a formal farm-in or joint venture agreement3F 4 . • Strong cash position, with $5.24m available at the end of the quarter, with zero debt. 1 Refer to ASX announcement dated 9 September 2026 2 Refer to ASX announcement dated 21 July 2026 3 Refer to ASX announcement 3 August 2026 4 Refer to ASX announcement dated 22 September 2026 20 October 2026 ASX:KM1 Page 2 of 19 Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Marble Bar Gold Project The Marble Bar Gold Project spans 118km2 and is located in the eastern region of the Pilbara, approximately 10km east of the Marble Bar town and ~10km north of the operating Klondyke Gold Project (Refer Figure 1). Figure 1 - Kali’s Marble Bar Gold Project Final Phase II Drilling Program Results During the quarter, the Company reported final assays from its Phase II program, which comprised 129 reverse circulation holes for 4,059m and 16 diamond holes for approximately 282m. Significant results included1 : • 2.6m @ 10.8g/t Au from 8.7m in MBDD004 • 1.8m @ 7.4g/t Au from surface in MBDD002 The aim of the Phase II drilling program was to test the gently dipping mineralisation mapped on surface over cumulative length of 3km at a higher density than Phase I, closing the line spacing to ~40-60m at Sherman, Tiger, Tiger 2, Churchill. Previously reported Phase II RC results included 3m @ 3.6 g/t Au from 41m in MBRC081 and 5m @ 1.0g/t Au from 41m in MBRC0821 . ASX:KM1 Page 3 of 19 Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Figure 2 - Map showing mapped geology and cross-sections being reported Figure 3 - Sherman Prospect, cross-section A-A’ ASX:KM1 Page 4 of 19 Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Mapping and Rock-Chip Sampling During the quarter, the Company announced results from 48 rock-chip samples from tenements E45/4700 and E45/6389. The best results from the sampling program were2 : – Stug Gold Prospect: 53.1 g/t Au, 6.0 g/t Au, 5.5 g/t Au, 5.0 g/t Au and 3.9 g/t Au – Vickers Gold Prospect : 5.8 g/t Au, 2.0 g/t Au and 0.9 g/t Au – Pershing Gold Prospect : 1.7 g/t Au, 1.3 g/t Au, 1.1 g/t Au and 1.0 g/t Au – Chiha Gold Prospect : 1.8 g/t Au The results support further geological mapping to advance these new targets towards drill testing. Figure 4 - Marble Bar Gold Project, with new prospects highlighted in red Stug Prospect The Stug Prospect within E45/4700 identified the highest-priority new prospect during the mapping program, with strongly potassic-altered quartz veining mapped over approximately 250m of strike. Six rock-chip samples were collected, with five returning grades above 3g/t Au and four exceeding 5g/t Au, including a peak result of 53.1g/t Au. The mineralisation is interpreted to be associated with a gently north to north-east dipping shear-controlled alteration zone characterised by strong potassic alteration, quartz veining and minor pyrite. ASX:KM1 Page 5 of 19 Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Figure 5 - Stug Gold Prospect: geology and rock-chip samples Soil Sampling During the quarter, results from a total of 1,215 soil samples collected across the tenements E45/6389, E45/6429 and E45/6430 were reported, defining multiple coherent gold-in-soil anomalies with peak values of up to 0.434g/t Au. The most significant anomalies include a 6.5km east-west trend within E45/6430 and a 1.1km north-west extension of the Tiger Gold Prospect into E45/6389. An additional 1.1km north-south anomaly identified in the eastern part of E45/4700 has also been prioritised for follow-up exploration. These results have generated several new target areas that will be assessed through further mapping and rock-chip sampling. ASX:KM1 Page 6 of 19 Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Figure 6 - Marble Bar Project: soil sampling results (gold) New Gold Targets Identified Subsequent to quarter end, the Company announced nine new gold target areas which have broadened the exploration pipeline beyond the four prospects drilled to date (See Figure 7, Areas A to I). The new targets were identified using gold-in-soil geochemistry and additional high-resolution drone imagery obtained during the quarter. ASX:KM1 Page 7 of 19 Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Figure 7 - Reconnaissance areas (A to I) to be mapped and sampled in October 2026. A helicopter-supported Phase III reconnaissance program of geological mapping and sampling is scheduled to commence in mid-October, with all nine areas expected to be assessed over approximately 10 days. The program will apply the same targeting approach used to identify Tiger, Tiger 2, Churchill and Sherman, with results used to rank and prioritise targets for follow-up drilling. The program will explore the highly prospective Warrawoona Group volcanic rocks on the western margin of the project area (Area A). This sequence hosts gold mineralisation at the historic Marble Bar goldfield and the operating Klondyke Gold Mine. Results from the hyperspectral survey completed over the project will be integrated to further refine and rank targets. Heritage surveys are running in parallel over selected areas, including extension to previously drilled prospects, to prepare for potential follow-up drill testing. Southern Lachlan Fold Belt Project Tallangatta Project The Tallangatta Project lies approximately 20-60km east and southeast of Albury-Wodonga and covers 611km2 (see Figure 8). During the quarter, the Company reported mapping results with seventeen rock-chip samples collected at Mt Cudgewa Prospect and three samples at Mildren Prospect. ASX:KM1 Page 8 of 19 Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Figure 8 - Southern Lachlan Fold Belt – Kali’s Tallangatta (VIC) and Jingellic (NSW) Projects At Mt Cudgewa, mapping identified a hard-rock tin and tungsten system approximately 200m south of historical Cudgewa alluvial tin workings. Mineralised veins occur across an area approximately 1.7km long and 250m wide, with several zones containing multiple quartz veins typically 0.2-0.5m wide. Initial rock-chip sampling returned high-grade tin results with notable tungsten credits, with samples up to 6.0% SnO2 and 0.38% WO3.3 At Mildren, two of the three samples returned tungsten grades >0.1% WO3, with further work required to evaluate the exploration potential. ASX:KM1 Page 9 of 19 Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Figure 9 - Mt Cudgewa Prospect – Geology map showing tin rock-chip sampling (labelled tin results in percentages) and soil sampling results Figure 10 - Rock-chip sample MCR016 (6.00% SnO2) showing dark cassiterite minerals in white quartz mass Cautionary statement: Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. ASX:KM1 Page 10 of 19 Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au During the quarter, the Company reported on 480 soil samples (of the 880 planned) collected across the wider Mt Cudgewa area in ridge-and-spur style. The results highlighted tin and tungsten anomalism over known occurrences and indicate potential extensions, particularly to the east. A sub-parallel tin soil anomaly is located ~500m south of Mt Cudgewa, with additional broad strong tin soil anomalies in the granitoids west of Mt Cudgewa. The soil sampling continued post quarter end with the aim of defining additional sites for mapping, sampling and the prioritisation of further work. Figure 11 - Geology plan map showing soil sampling status and soil sampling results received (tin) Binding MOU over Southern Lachlan Fold Belt Project During the quarter, the Company executed a Binding Memorandum of Understanding (MOU) with Japanese metals and refining company, JX Advanced Metals Corporation, in relation to the Company’s exploration assets in New South Wales and Victoria, which cover 1,413km2 . The Project is prospective for lithium - caesium-tantalum (“LCT”) pegmatites, as well as tin and tungsten mineralisation. The full terms of the MOU can be found in the Corporate section of this report.4 Higginsville Lithium Project ASX:KM1 Page 11 of 19 Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Activities at Higginsville were largely involved with the implementation of the Heritage Agreement to enable drilling activities to commence at the Spargoville and Widgiemooltha Project areas after heritage surveys are completed. Outlook The Company is focused on advancing multiple workstreams through the remainder of 2026, including; • Interpretation of the high-resolution hyperspectral survey of entire Pilbara tenement package with integration of mapping and geochemical results • Extension of mapping at new prospects at Marble Bar • Heritage Agreement and subsequent heritage surveys at Higginsville • Exploration program at Southern Lachlan Fold Belt Projects via JV exploration program with JX Advanced Metals Corporate Binding MOU Terms with JX Advanced Metals The MOU covers the period from execution to 31 March 2027 (“Due Diligence Period”), during which Kali and JX Advanced Metals Corporation (together “the Parties”) will collaborate on an initial exploration program across the Project. The exploration program will be funded by JX Advanced Metals and managed by Kali Metals. Following completion of the Due Diligence Period, JX Advanced Metals will have the option to negotiate the terms of a formal Farm-in or Joint Venture Agreement with Kali Metals, with such negotiations to be completed by 30 June 2027. The key terms of the binding MOU include: 1. JX Advanced Metals to fund exploration expenditure of up to $700,000 during the Due Diligence period. 2. Kali will be appointed as Exploration Manager for the Project and will manage the exploration activities undertaken during the Due Diligence Period. 3. Kali will be entitled to charge JX Advanced Metals a management fee for managing the exploration program. 4. The Parties will establish a joint Exploration Committee to oversee the initial exploration program. 5. Following completion of the Due Diligence Period, JX Advanced Metals will have an option to negotiate the terms of a formal Farm-in or Joint Venture Agreement with Kali by 30 June 2027. About JX Advanced Metals Corporation JX Advanced Metals Corporation is a listed Japanese company engaged in advanced materials, tantalum and niobium products, functional materials, metals and recycling, and mineral resources. The company operates globally across the value chain, from mineral resource development and metal production to advanced materials manufacturing and recycling. An important part of its business is supplying materials used in semiconductor manufacturing. To support a stable supply of critical raw materials, JX Advanced Metals continuously evaluates opportunities relating to copper and minor metals, including tantalum. Annual Report The Company released its 2026 Annual Report on 9 September 2026. ASX:KM1 Page 12 of 19 Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Annual General Meeting The Company advised its Annual General Meeting is to be held on Tuesday 24 November 2026. Compliance In accordance with ASX Listing Rule 5.3.1, payments for exploration activities during the Quarter totalled $1.43 million (item 2.1(d) of the Appendix 5B). Details of exploration activities undertaken during the Quarter are provided above. For the purpose of Listing Rule 5.3.2, the Company confirms that there were no mining production and development activities during the Quarter by the Company or its subsidiaries. In accordance with ASX Listing Rule 5.3.5, and as outlined in Section 6 of the Appendix 5B, payments to related parties made during the quarter consisted of $122,000 of payments in directors’ fees and fees to the Managing Director under his executive services agreement. Tenement Summary The following information is provided pursuant to Listing Rule 5.3.3 for the quarter ended 30 September 2026. Pilbara Project Tenement % Beginning of Period % End of Period E45/4722-I* 100% 100% E45/4887* 100% 100% E45/4919* 100% 100% E45/5146* 100% 100% E45/4700* 100% 100% E45/5970* 100% 100% E45/3856-I 100% 100% E45/4616-I 100% 100% E45/5813 100% 100% E45/6429 100% 100% E45/6430 100% 100% E45/6389 100% 100% E45/6457 100% 100% E45/6646 100% 100% E45/6647 100% 100% E45/7036 100% 100% E45/7037 100% 100% E45/7150 100% 100% E45/7151 100% 100% ASX:KM1 Page 13 of 19 Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au Higginsville Lithium District Tenement % Beginning of Period % End of Period E15/1037 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1094 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1197 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1199 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1203 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1223 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1260 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1298 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1402 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1423 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1448 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1458 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1459 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1461 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1462 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1464 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1487 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1512 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1533 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1541 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1586 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1613 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1620 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1628 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1792 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1793 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1822 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1853 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1863 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1882 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/1939 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/786 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/808 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/810 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E15/828 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1051 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1117 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1142 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 ASX:KM1 Page 14 of 19 Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au E63/1165 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1712 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1724 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1725 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1726 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1727 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1728 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1738 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1756 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1763 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1876 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1881 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1900 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/1901 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 E63/2107 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/1132 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/1133 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/1134 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/1135 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/1790 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/1792 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/1806 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/1814 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/1828 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/1872 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/1873 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/225 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/231 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/289 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/31 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/325 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/338 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/348 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/351 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/352 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/375 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/506 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/507 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/512 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/528 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 ASX:KM1 Page 15 of 19 Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au M15/580 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/581 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/597 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/610 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/616 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/620 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/629 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/639 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/640 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/642 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/651 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/665 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/680 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/681 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/682 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/683 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/684 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/685 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/710 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/748 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/757 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/758 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/786 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/815 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/817 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M15/820 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M63/165 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M63/230 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M63/236 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M63/255 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M63/269 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M63/279 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M63/329 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M63/366 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M63/368 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M63/515 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M63/516 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M63/660 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 M63/662 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P15/6179 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 ASX:KM1 Page 16 of 19 Kali Metals Limited Ground Floor, 34 Colin St, West Perth WA 6005 Australia ABN: 85 653 279 371 P 08 6424 8880 E admin@kalimetals.com.au W www.kalimetals.com.au P15/6229 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P15/6230 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P15/6231 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P15/6234 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P15/6239 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P15/6240 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P15/6582 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P15/6657 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P15/6658 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P15/6664 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P15/6847 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P15/6848 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P15/6863 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P15/6864 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P63/1468 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P63/1587 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P63/1588 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P63/1589 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P63/1590 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P63/1591 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P63/1592 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P63/1593 100% Lithium and associated mineral rights1 100% Lithium and associated mineral rights1 P63/1594 100% Lithium and associated mineral