Appointment of ABG Sundal Collier ASA

Alkemy Capital Investments plc ("Alkemy") (LSE: ALK) (JV2:FRA), is pleased to announce the appointment of ABG Sundal Collier ASA ("ABGSC") to lead Tees Valley Lithium's project level financing.

HIGHLIGHTS

• ABGSC engaged as TVL's exclusive manager, bookrunner and financial advisor for TVL's proposed US$245 million Bond and Equity Financing.
• The proposed financing will fund the construction of Train 1 of TVL's lithium hydroxide refinery in Teesside.

Chairman Paul Atherley commented:

"This partnership with ABGSC marks a significant milestone for Tees Valley Lithium, as we move towards delivering Europe's largest independent lithium hydroxide refinery. Securing this funding will allow us to complete Train 1 of this strategically important project, delivering 25,000 tonnes per annum of lithium hydroxide. The future looks extremely bright for TVL as we work to meet the growing demand for battery-grade lithium in Europe."

TVL is delighted to announce the appointment of leading European financial institution ABG Sundal Collier to arrange the funding for the construction of Train 1 for its proposed lithium refinery in Teesside.

It is anticipated that the proposed US$245 million funding will be secured at the TVL level after having reached a final investment decision in early 2026 and will be composed of a blend of bonds, government grants and institutional equity.

ABGSC has an outstanding track record in the natural resources sector, raising over US$11 billion in bond markets since 2018, further strengthening TVL's pathway towards becoming a key player in the UK and Europe's green energy transition.