• 10-year binding offtake agreement with Norah Mining for 80,000 tpa of 6.0% Li2O spodumene concentrate
• Feedstock to underpin long-term operations of Becancour Lithium Refinery in Quebec, Canada
• Norah Lithium Project concentrator in Nigeria expected to be completed in 2026

Lithium Universe Limited (ASX: LU7) has signed a binding 10-year (rolling 5 years thereafter) Definitive Offtake Agreement (DOA) with Norah Mining Limited (NML) for the long-term supply of spodumene concentrate from NML's project in Nigeria. Under the DOA, NML will supply up to 80,000 tonnes per annum of spodumene concentrate grading 6.0% Li2O, commencing in late 2026. NML is currently constructing a spodumene concentrator in Nigeria, with completion expected in the second half of 2026. The agreement will provide strategic feedstock requirements for LU7's planned Becancour Lithium Refinery in Quebec, Canada. This partnership secures a major portion of the refinery's long-term raw material needs and strengthens LU7's position as an emerging North American lithium refiner. The DOA also underscores the growing significance of Nigeria's emerging lithium industry. LU7 will also provide technical advisory services to Norah Mining to support the development, construction, commissioning and ramp-up of Norah's spodumene concentrator project. Additionally, LU7 holds an Investment Right and a first right of refusal to participate in any transaction involving a change of control or third-party investment in the Norah Lithium Project.

The agreement with Norah Mining Limited represents a major milestone in Lithium Universe's North American growth strategy, as it secures half of the feedstock for its Becancour Lithium Refinery, laying the foundation for long-term operational certainty and independence from foreign converters. Nigeria's rapidly developing lithium sector offers a scalable, modular supply solution that aligns with Lithium Universe's vision to build a fully integrated, sustainable lithium value chain across the U.S. and global energy markets.