• Partnership to leverage EcoGraf's HFfree® purification technology into LTT's anode supply chain in South East Asia and Taiwan
• LTT to evaluate EcoGraf's natural graphite anode products for use in its global ex-China battery facility supply chain
• Investment to include evaluation of Joint Venture (JV) structure for establishment of purification facilities

EcoGraf Limited ('EcoGraf' or 'the Company') (ASX: EGR; FSE: FMK) has entered into a non-binding Memorandum of Understanding ('MoU') with Long Time Technology Co., Ltd. ('LTT') (TPEx: 6555), a Taiwan-based battery materials and anode technology company, to collaborate on the development of EcoGraf's HFfree® purification technology, offtake arrangements, and expansion of EcoGraf's battery anode operations in South East Asia and Taiwan. The partnership aims to leverage EcoGraf's HFfree® patented purification technology into LTT's anode supply chain in South East Asia and Taiwan, and for LTT to evaluate EcoGraf's natural graphite anode products for use in its global ex-China battery facility supply chain. The collaboration also includes joint evaluation of material performance, comparative benchmarking against market alternatives, and agreeing potential joint venture structures for the purification facilities. The relationship leverages LTT's position within the battery industry ecosystem, providing potential access to Tier-1 OEMs and battery supply chains. By combining EcoGraf's environmentally responsible HFfree technology with LTT's development platforms, the partnership has the potential to accelerate adoption of EcoGraf's natural graphite products and purification technology in commercial lithium-ion battery applications, enhance supply chain resilience, and support the growth of sustainable anode solutions worldwide.

The rapid growth of AI is also accelerating global deployment of Battery Energy Storage Systems (BESS) to support renewable energy and grid stability. As BESS capacity scales, demand for high-quality graphite, critical to lithium-ion and emerging battery technologies, is expected to rise significantly, underscoring the importance of secure, long-term anode graphite supply.