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As a point of clarification in relation to our ASX announcement dated 17 March 2025, Latrobe Magnesium (LMG) would like to clarify that the Southeast Asia Investment Deal Team is providing LMG support to establish its Stage 3 Project at Samalaju in Sarawak, Malaysia, including assistance with preparatory work.

The Australian Government Deal Teams initiative seeks to support activities aimed at deepening Australian trade and investment in Southeast Asia.

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David Paterson

Chief Executive Officer

27 March 2025