Quarterly Activities/Appendix 5B Cash Flow Report

• Successful completion of testwork programs for Rincon Lithium Project
• Strategic interest in Rincon Project from mining and investment groups
• Positive forecast for international lithium demand
• Continued engagement with Export Credit Agencies and funding options
• Corporate Social Responsibility initiatives in Salta Province

Argosy Minerals Limited reported significant progress on its Rincon Lithium Project in Argentina, including successful completion of testwork programs for the 12ktpa project. The company has also secured strategic interest from mining and investment groups. The outlook for international lithium demand remains positive, which is supportive for the development of Argosy's Rincon Project. Argosy continues to engage with Export Credit Agencies and funding options for the project. Additionally, the company has reinforced its Corporate Social Responsibility initiatives within the Salta Province, focusing on local communities in the Puna region.