• Successful demonstration of a recycled REO supply chain for Ford e-motor magnets
• Commenced sale of magnet REOs to US-based Advanced Magnet Lab
• Appointed Sean Sargent as Chief Operating Officer - EMEA

Ionic Rare Earths Ltd. continued its global expansion in delivering secure, sovereign, and sustainable ex-China rare earth supply chains, as highlighted by the Company's Quarterly Activities Report for the period ending 30 June 2026. This report includes development activities at the Company's 100% owned magnet recycling subsidiary in the UK, Ionic Technologies International Limited, together with its Viridion Joint Venture in Brazil (50% interest) with Viridis Mining and Minerals Ltd, and at the 60% owned Makuutu Heavy Rare Earths Project in Uganda. Key highlights include the successful demonstration of a recycled REO supply chain for Ford e-motor magnets, the commencement of magnet REO sales to US-based Advanced Magnet Lab, and the appointment of Sean Sargent as Chief Operating Officer - EMEA.