• Continued progress on corporate restructuring and recapitalisation planning
• Withdrawal of previously announced European Green Bond issuance
• Delays in securing UK site lease, but alternative options being progressed
• Feasibility studies ongoing for UK and continental Europe recycling projects

Redivium Limited (ASX: RIL) provided an update on its activities and cash flows for the quarter ended December 2025. The company continued to progress its corporate restructuring, recapitalisation planning and project development initiatives while its securities remained suspended from quotation on the ASX. Key activities included advancing the recapitalisation strategy, preparing for reinstatement to quotation, and progressing feasibility and development work on planned battery recycling facilities in the United Kingdom and continental Europe. The company determined to withdraw its previously announced European Green Bond issuance initiative due to insufficient subscriber support under prevailing market conditions, though it continues to view green capital markets as a potential future funding source. Project development activities remained focused on the planned UK lithium-ion battery recycling facility, though delays in securing the previously negotiated lease agreement for the proposed Wrexham site have resulted in the identification of alternative property options. Feasibility studies for the UK and continental European recycling projects continued to progress. Corporate activities focused on governance, compliance and preparation for recapitalisation and reinstatement, with no payments made to related parties during the quarter.

Redivium will continue advancing its recapitalisation planning, ASX re-compliance submissions, and development of its UK and continental European recycling projects. Further updates will be provided as material developments occur.