ASX:ELV • NASDAQ:ELVR Elevra Lithium Carolina Lithium Town Hall 19 FEBRUARY 2026

Introductions Project Overview and Current Status on Carolina Lithium Update and explanation of our Air Permitting submission Community Questions + Discussion ELEVRA LITHIUM 2 Tonight’s Discussion Sharing information, providing updates, and answering your questions

ELEVRA LITHIUM 3 Senior resources sector professional who has lead resources organizations at the Chief Executive Officer level and held executive and non-executive director roles in both listed and unlisted entities. As a mining engineer with extensive hands-on operational experience in both the mining resources and the renewables energy sector, he is well versed in global resource trends and growth markets. Lucas Dow, Managing Director & CEO Chemical Engineer with over 20 years experience leading Environment, Health and Safety, with the last decade in the Lithium mining industry encompassing Sustainability and Risk. Since joining Elevra in October 2021, integral in obtaining permits to date and supporting efforts to understand community concerns to ensure project is developed to protect community and the environment. Monique Parker, Chief Sustainability Officer Since joining Elevra in August 2020, leads community, local government and public-sector engagement, with strong focus on building trusted partnerships at the county and municipal level. Spent more than a decade with the Gaston County Economic Development Commission; worked directly with local governments, businesses and residents to support industry in the county and state. Malissa Gordon, VP, Government Affairs, US Christian Cortes Chief Financial Officer Dylan Roberts General Counsel & Company Secretary Sylvain Collard President Canada & Group COO Andrew Barber Chief Development & Investor Relations Officer Sandra Tremblay Chief People Officer Management Team Today’s Presenters

ELEVRA LITHIUM 4 Introducing Elevra Lithium North America’s Leading Hard-Rock Lithium Producer Operator of North American Lithium in Québec, the largest hard-rock lithium operation in North America. Commissioned North American Lithium in 2023 and produced ~200,000 tons of spodumene concentrate in 2025. Established Producer Experienced Team Strategic Backing Management team with decades of experience across global mining operations and project development. Track record of optimizing and stabilizing operations throughout the lithium price trough. Partner and supplier to leading industry participants, including Tesla and LG Chem. Aligned with U.S. government policies to build a secure domestic critical mineral supply chain. North American Lithium Stage: Production Ownership: 100% Authier Stage: Studies Ownership: 100% Moblan Stage: Studies Ownership: 60% Carolina Lithium Stage: Studies Ownership: 100% Ewoyaa Stage: Studies Ownership: 22.5% Corporate Overview Providing a secure and reliable supply of lithium to power the future Responsible Operator Operating under Québec’s rigorous environmental and regulatory framework. Committed to partnering with community to align priorities with project planning and long-term operations.

Projects Unique set of development options combined with an operating asset ELEVRA LITHIUM 5 Leading North American open pit mining operator with nameplate capacity of 220kt of spodumene concentrate (30kt LCE per annum) Brownfield expansion scoping study completed with strong economics 25+ year life of mine Indicated and Inferred Mineral Resource of 95Mt @ 1.15% Li2O Nearly all of NAL is powered by clean and green hydroelectricity Elevra has a 22.5% interest in the Ewoyaa Project and can earn a 50% interest prior to potential dilution. See Piedmont Lithium’s ASX announcement dated 18 August 2023. North American Lithium(100%) Low-cost lithium project targeting 365kt of high-grade, coarse-grained spodumene concentrate per annum Elevra has an offtake agreement with Atlantic Lithium for 50% of spodumene concentrate production at market prices on a life-of-mine basis2 Elevra additionally exercised option to acquire 22.5% interest in Ewoyaa, having funded the Definitive Feasibility Study to completion Ewoyaa (22.5%)1 High-grade, long-life project located close to key infrastructure and transport nodes with production target of 300kt per annum of spodumene concentrate Drilling program achieved 6.5x increase in Resource base since acquisition 20+ year life of mine Measured, Indicated and Inferred Mineral Resource of 121Mt @ 1.19% Li2O Strategically located at the southern most portion of the James Bay region of Quebec Moblan(60%) Fully-integrated, strategically located U.S. asset to potentially produce battery-grade lithium at up to 60kt per annum at full production Received finalized mining permit for construction, operation and reclamation in May 2024 One of only two significant spodumene projects in the U.S. Expected to benefit from exceptional infrastructure and close proximity to end customers Carolina(100%)

Lithium Applications Lithium demand is not limited to passenger EVs; lithium has a diverse set of applications across a variety of end markets ELEVRA LITHIUM 6 Transportation Electrification is critical to compete as the sector evolves Commercial Vehicles Semi Trucks Buses National Security Developing a domestic supply chain is imperative for national security Drones Energy Storage Robotics Industrial & Other Uses Industrial demand will continue to grow as the economy expands Lubricants / Grease Metallurgy Glass & Ceramics Immediate Measures to Increase American Mineral Production Executive Order - March 20, 2025 Section 1. Purpose. The Unites States possesses vast mineral resources that can create jobs, fuel prosperity, and significantly reduce our reliance on foreign nations. Transportation, infrastructure, defense capabilities, and the next generation of technology rely upon a secure, predictable, and affordable supply of minerals. The United States was once the world’s largest producer of lucrative minerals, but overbearing Federal regulation has eroded our Nation’s mineral production. Our national and economic security are now acutely threatened by our reliance upon hostile foreign powers’ mineral production. It is imperative for our national security that the United States take immediate action to facilitate domestic mineral production to the maximum possible extent.

Uplift in Demand with Strong Outlook into 2030 Elevra is well positioned to take advantage of forecast demand growth through its unique suite of development projects ELEVRA LITHIUM 7 Global Lithium Demand Mt LCE North American Lithium Balance Mt LCE Source: Benchmark Mineral Intelligence Q4 2025 Lithium Forecast Model

Carolina Lithium

ELEVRA LITHIUM 9 Carolina Lithium Located in the cradle of the US lithium industry Fully-integrated, strategically located U.S. asset with the potential to produce up to 60kt per annum of battery-grade lithium. Fully integrated mine-to-chemical production Designed as an integrated operation, combining hard-rock lithium mining with an on-site conversion facility to produce battery-grade lithium. Vertical integration reduces reliance on third-party supply or processing and keeps value-added processing local. Proven geology and processing route One of only two advanced spodumene projects within the United States and the only project with a Definitive Feasibility Study. Mining, concentration, and conversion plans rely on conventional and established processes used at global lithium operations. Strategic location within the United States Located in North Carolina, close to existing infrastructure, skilled labor, end customers and historical hard-rock lithium operations. Domestic location enhances supply chain security and aligns with U.S. policy to onshore critical mineral supply.

ELEVRA LITHIUM 10 Timeline Project Development Milestones – a structured and disciplined approach Permitting Partnering Funding Rezoning Construction Permitting State Mining Permit Water Permit Air Permit application is currently under review by NCDAQ Partnering Technical operator for downstream chemical processing Funding U.S. Government signals support for domestic lithium mining and refining Expanding funding programs to reduce reliance on foreign sources (mainly China) Rezoning Rezoning application dependent on potential partnerships, funding strategy One shot opportunity – when the time is right Construction Description of Construction Commentary on status, prerequisites and approach

Carolina Lithium Update Progress Continues while our Commitments remain unchanged ELEVRA LITHIUM 11 Expanded funding strategy, including evaluation of U.S. government support State Mine Permit/General Stormwater Permits received Evaluating strategic partners and project finance options Existing Operating Lithium Producer/demonstrated successful mining operations Project timeline refined based on permitting and development progress - doing it right, not fast Project Progress Commitment to domestic lithium production in Gaston County No change to site location or project footprint Domestic location enhances supply chain security/aligns with U.S. policy to onshore critical minerals supply Strong environmental protections and monitoring Same regulatory agencies and permitting oversight Continued commitment to safety, transparency, and community partnership Core Commitments Remain Unchanged

ELEVRA LITHIUM 12 Funding engineering study and construction of municipal waterline extension Establish a program to connect local neighbors to the waterline extension Operations will follow strict water quality standards with continuous monitoring under permitting Water use + discharge carefully managed under environmental permits; ongoing testing to protect groundwater, stream, nearby wells Water Protection - Responsible Operations Well Impacts: Operations committed to transparency, regular monitoring and working with individuals/community to safeguard well impact/quality Air Quality Management: Dust and emissions actively controlled and monitored Blasting & Noise Management: carefully planned; conducted in accordance w/ strict standards and monitoring Mining Activities - Safety + Accountability Transparency + Accountability + Partnership Protecting the health, safety, and quality of life of our neighbors – core priority Committed to open dialogue, advance notice of activities and ongoing engagement w/ community and leadership Community Commitment Operating safely, transparently and responsibly

ASX:ELV • NASDAQ:ELVR Q&A Session Carolina Lithium Project

Has the company sold or purchased any additional local assets, such as land or buildings? Our focus remains within the existing permitted mine area. We are evaluating management of other land we own locally. How is Elevra Lithium, other than a logo change, any different from Piedmont Lithium? There have been no physical changes to the Carolina Lithium project site. Elevra Lithium, by way of Sayona Mining, gained operational experience from North American Lithium, the largest hard rock lithium mine in North America. Elevra is a much larger, stronger company (improved balance sheet). It seems there has been a decline in community sponsorship since the transition from Piedmont to Elevra. Does Elevra plan to continue spending money in the community? Yes. Elevra remains committed to supporting local communities. As a larger global company, we now support multiple communities, with investment aligned to project timing and community needs. Once permitting has been completed, what other goalposts would the company have to reach to begin work on the Carolina Lithium site? Construction would only begin after all approvals are complete – including county rezoning, securing necessary financing, and establishing operators who would support the chemical processing portion of the project. There are concerns in the community that the company is only focused on promoting the stock rather than actually developing a mine, is that true? Holding this townhall and keeping the community actively involved in our project shows that we are focused on developing the Carolina Lithium project which will be difficult without community support. Holding a townhall does little to help the stock but we hope that it is a meaningful step in fostering community engagement with the company. We ultimately expect that our share price performs well, but the only way for that to happen is for the company to succeed operationally. ELEVRA LITHIUM 14 Questions from the Community Providing Clarity and Transparency on Key Topics

Will blasting, noise, dust and vibrations from the mine disrupt my life and force me to stay indoors? No. Modern blasting techniques are highly controlled and designed to minimize noise, dust, and vibrations. Dust will be managed using enclosed conveyor systems, and advanced dust suppression methods. Blasts are precisely engineered to target specific rock areas, lasts only a few seconds, and are designed to reduce vibration effects using Z-curve, the recommended limit – often well below regulatory limits established by the United State Bureau of Mines and the State of North Carolina. Blasting will follow strict regulations, occur only during permitted daytime hours, and typically happen once or twice a day. We intend to communicate with nearby residents about blasting activities, sharing a regular blasting schedule on our website and providing a recorded message for neighbors along with emails and onsite signs. Per Gaston County ordinances no blasting will be conducted until one hour after sunrise, within one hour of sunset, or on the following days: Sundays, Christmas Day, Good Friday, New Year’s Day, Memorial Day, Independence Day, Labor Day, Veteran’s Day, and Thanksgiving Day. What will you do if the mine effects my well? Elevra has conducted detailed groundwater modeling, which indicates that impacts to nearby wells are expected to be limited. Only 10 parcels beyond our property boundary may experience minor drawdown, And any noticeable effects would depend on the specific well conditions. If a nearby well is affected, we have proactive mitigation plans in place as part of our state mine permit, and as part of our commitment to the community. We will provide immediate and long-term solutions to ensure no resident is left without a safe and dependable water supply. This may include supplying bottled water or temporary water delivery right away, drilling a new or improved well, or connecting to municipal water supply. How do you intend on being a good neighbor? We believe being a good neighbor means being part of the community - not just operating in it. That includes supporting local schools, workforce training programs, and community organizations and creating opportunities for local residents and businesses to benefit from the project. Elevra is committed to operating safely, protecting local resources, and maintaining open communication with residents throughout the life of the project. From an economic standpoint, this project will create well-paying jobs, both directly and through local contractors and suppliers. These jobs bring stable incomes that support local families and strengthen small businesses. The project will also contribute substantially in local tax revenue, that will, over time, provide resources for school funding, emergency services, infrastructure and other essential community needs. ELEVRA LITHIUM 15 Questions from the Community Providing Clarity and Transparency on Key Topics

Air Permit

Air Permitting Carolina Lithium Understanding the Path from Conception to Operation ELEVRA LITHIUM 17

Strict environmental review ensures protection of public health and air quality. Air permits must be approved by the North Carolina Department of Environmental Quality’s Division of Air Quality. Best Available Control Technology analysis is required to confirm effective controls are in place. Air quality impacts must meet state and federal standards. Regulatory review occurs before construction and continues during operations. No construction can begin until all permits are granted. Permitting in North Carolina: Protecting Air Quality Minimization of Air Impacts is a Collaborative Process ELEVRA LITHIUM 18

Permitting Progress + Next Steps Creating the Right Permit takes Time – Focus on Doing it Right, Not Fast ELEVRA LITHIUM 19

Project map submitted with application Layout utilized for all air permit calculations and reviews ELEVRA LITHIUM 20

Project Map Project area and operations remain consistent with permitted plans ELEVRA LITHIUM 21

Carolina Lithium Permitting Landscape Carolina Lithium will comply with the most stringent air permit regime ELEVRA LITHIUM 22

Our Process: Safely Producing Lithium in Three Steps A fully integrated process designed for efficiency, safety, and responsible resource development Step 1: Mining Operations Step 2: Concentration Operations Step 3: Conversion Operations ELEVRA LITHIUM 23

Safe & Responsible Mining Operations Mining is carefully planned, regulated and conducted as first step in the integrated on-site process ELEVRA LITHIUM 24 Controlled drilling Safe material handling Managed excavation Engineered mine design

Protecting Air Quality During Mining Operations Multiple control measures are designed to minimize emissions and protect the community and environment ELEVRA LITHIUM 25

Safe & Responsible Concentration Operations A controlled step in the fully integrated on-site process ELEVRA LITHIUM 26 Enclosed material transport Modern processing equipment Controlled separation process Engineered processing systems

Protecting Air Quality During Concentration Operations Multiple control measures are designed to minimize emissions and protect the community and environment ELEVRA LITHIUM 27

Safe & Responsible Conversion Operations Final step in the fully integrated on-site process, using enclosed systems and strict environmental controls ELEVRA LITHIUM 28 Enclosed material transfer Controlled conversion process Engineered processing systems

Protecting Air Quality During Conversion Plant Operations Multiple control measures are designed to minimize emissions and protect the community and environment ELEVRA LITHIUM 29

Pollutant Mine /Concentrate Plant Chemical Plant Site Total (tons per year) PM 108.2 60.6 168.8 PM10 39.0 59.0 98.0 PM2.5 10.7 58.6 69.3 SO2 33.6 3.0 36.6 NOx 317.0 237.0 554.0 CO 1159.0 202.0 1361.0 VOC 2.9 14.0 16.9 GHG 56,611 273,291 330,582 Maximum Single HAP (HF) 9.83 .14 9.97 Total HAP 10.64 5.5 16.14 Overall Notes All values in tons per year Reflects control equipment Includes operational limits on some equipment Mine/Concentrate Plant (SIC 1479) Includes in-pit crushers and conveyors Includes dry product handling and processing operations Does not include fugitive emissions Chemical Plant (SIC 2819) PSD category “Chemical process plant” Includes all processing equipment Includes fugitive emissions Note that all in-pit crushers and conveyor transfer points will be equipped and operated with water spray, but this control was not accounted for in the PTE calculation. Potential Emissions with controls within Permitted Area All emissions are regulated, controlled and monitored under state environmental permits ELEVRA LITHIUM 30

Proposed Site Wide Pollutant Profile Compared to Current Profile Project Impact to Air does not Exceed National Air Quality Limits - and is more than 50% below National Air Quality Limits ELEVRA LITHIUM 31 Pollutant (all values are in μg/m3) Averaging Period As Is Air Quality Impact of Carolina Lithium Combined Impact % of Combined Impact National Air Quality Limit % of National Limit PM10 24-Hour 39 29.6 69 ~43% 150 ~20% PM2.5 24-Hour 18 7.2 25 ~29% 35 ~21% Annual 8 0.996 8.996 ~11% 9.0 ~11% NO2 1-Hour 65.8 81 147 ~55% 188 ~43% Annual 12.6 44.0 57 ~77% 100 ~44% CO 1-Hour 1,629 274 1,903 ~14% 40,000 ~1% 8-Hour 1,260 146 1,460 ~10% 10,000 ~1%

Our Commitment to Protecting the Community + Environment Strict permitting, monitoring and controls ensure safe and responsible operations ELEVRA LITHIUM 32

ASX:ELV • NASDAQ:ELVR Q&A Session Air Permit

Primary Community Contact: Malissa Gordon Phone: 704.491.9130 Email: malissa.gordon@elevra.com Website: www.elevra.com Open + Ongoing Communication Questions? Let’s Talk. Primary Permitting Contact: Monique Parker Phone: 704.813.2301 Email: monique.parker@elevra.com Website: www.elevra.com Cherryville Office Contact: Emily Winter 116 E. Main Street Suite 100 Phone: 704.477.4710 Email: emily.winter@elevra.com Website: www.elevra.com

Appendix

Water Lines and Sound Barriers Municipal water capabilities and Valuing Quality of Life

Important Information and Disclaimer ELEVRA LITHIUM 37 Important Information and Disclaimer Statements in this presentation are made only as of the date of this presentation unless otherwise stated, and the information in this presentation remains subject to change without notice. Presentation for the Purposes of Providing Information Only This presentation is not a prospectus, disclosure document or offering document under Australian law or under the law of any other jurisdiction. It is for informational purposes only. This document does not constitute and should not be construed as, an offer to sell or a solicitation of an offer or invitation to subscribe for, buy, or sell securities in the Company. Any material used in this presentation is only an overview and summary of certain data selected by the management of the Company. The presentation does not purport to contain all the information that a prospective investor may require in evaluating a possible investment in the Company, nor does it contain all the information which would be required in a disclosure document prepared in accordance with the requirements of the Corporations Act and should not be used in isolation as a basis to invest in the Company. Recipients of this presentation must make their own independent investigations, consideration and evaluation of the Company. The distribution of this presentation in other jurisdictions outside of Australia may also be restricted by law and any restrictions should be observed. To avoid doubt, this presentation is not for distribution or dissemination within the US and Canada. Any failure to comply with such restrictions may constitute a violation of applicable securities laws. Disclaimer No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in or derived from this presentation or any omission from this presentation or of any other written or oral information or opinions provided now or in the future to any person. To the maximum extent permitted by law, neither the Company nor any of its affiliates, related bodies corporate and their respective officers, directors, employees, advisors and agents, nor any other person, accepts any liability as to or in relation to the accuracy or completeness of the information, statements, opinions, or matters (express or implied) arising out of, contained in or derived from this presentation or any omission from this presentation or of any other written of oral information or opinions provided now or in the future to any person. Forward Looking Statements This presentation may contain certain forward-looking statements. Such statements are only predictions, based on certain assumptions and involve known and unknown risks, uncertainties and other factors, many of which are beyond Sayona Mining Limited’s control. Actual events or results may differ materially from the events or results expected or implied in any forward-looking statement. The inclusion of such statements should not be regarded as a representation, warranty or prediction with respect to the accuracy of the underlying assumptions or that any forward-looking statements will be or are likely to be fulfilled. Sayona Mining Limited (Elevra Lithium) undertakes no obligation to update any forward-looking statement or other statement to reflect events or circumstances after the date of this presentation (subject to securities exchange disclosure requirements). The information in this presentation does not take into account the objectives, financial situation or particular needs of any person. Nothing contained in this presentation constitutes investment, legal, tax or other advice. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and all material assumptions and technical parameters continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcements.

Important Information and Disclaimer ELEVRA LITHIUM 38 Cautionary Note to United States Investors Concerning Estimates of Measured, Indicated and Inferred Mineral Resources Standard for Assessing Mineral Reserves and Resources As a public company listed in Australia and the United States, Sayona Mining is required to comply with the resource estimation standards of both the JORC Code and S-K 1300. Certain of Sayona’s disclosures instead comply with the JORC Code or Canadian National Instrument 43-101, Standards of Disclosure for Mineral Projects (“NI 43-101”). Each of these standards contain specific meanings for terms such as “mineral resource”, “measured mineral resource”, “indicated mineral resource”, “inferred mineral resource”, “proven mineral reserves”, and “probable mineral reserves” for various types of technical studies. Although the principles for reporting mineral resources and reserves, including subcategories of measured, indicated, and inferred resources, are broadly similar under each set of standards, we caution you that estimates prepared solely under the JORC Code are not fully comparable to similarly titled measures disclosed under S-K 1300 or the other reporting and disclosure requirements of the U.S. federal securities laws, rules and regulations. Mineral Reserves and Resources of the Carolina Lithium Project 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 the North American Lithium, Authier, and Moblan Projects Mineral reserve and mineral resource information contained in this presentation for the North American Lithium, Authier, and Moblan Projects were prepared in accordance with the JORC Code and NI 43-101. Such information was not prepared in accordance with S-K 1300.