Recycling agreement in excess of A$5.0m with Sell & Parker

Livium has secured a significant new recycling agreement with Sell & Parker valued at over A$5.0 million. This agreement is expected to be Livium's largest ever recycling contract, with revenues over the next 12 months anticipated at A$3.0 million. The agreement validates Livium as a recycler with high governance and safety standards and has a three-year term with volumes expected to be delivered consistently. There are no anticipated material changes to operating costs to service this new agreement, with increases in gross profit expected. The agreement aligns with Livium's focus on securing exclusive battery recycling contracts and diversifying its end-of-life battery sources. This strategic partnership demonstrates Sell & Parker's confidence in Livium's capabilities and high standards. We are excited about the potential of this agreement and the opportunities it presents for our business. We welcome any questions from investors about this development and look forward to continuing to provide quality services for Sell & Parker.