Lithium Universe Limited announced the appointment of Mr. Patrick Scallan AOM as Non-Executive Director. Mr. Scallan's extensive experience in the lithium industry offers a valuable addition to the LU7 Board. With over 25 years of management experience at the world-class Greenbushes Mine, he is a seasoned veteran of the lithium industry.

Greenbushes is the largest lithium hard rock mine globally, also hosting the highest-grade orebody in the world. Patrick oversaw the mine's many expansions, increasing annual output from 200,000 in 1997 to over 1,400,000 tpa and navigated numerous ownership changes during his tenure. He is a specialist in hard rock exploration, mining and spodumene concentrating, with downstream relationships with major spodumene converters worldwide.

Mr. Scallan is also highly skilled in managing local community relationships, having acted as shire councilor for nearly 20 years during his time at Greenbushes receiving his Order of Australia Medal (OAM) for his community and local government contribution. His previous roles include management positions at Capel and Eneabba Mineral Sands in Western Australia and Western Deep Levels Gold Mine in South Africa. Mr. Ross Cotton has resigned as Non-Executive Director to focus on his full-time role as Managing Director of Balkan Mining Limited, an ASX-listed Canadian lithium company.

Mr. Cotton's resignation will be effective on 1 September 2023. Chairman, Iggy Tan thanked Mr. Cotton for his service with the Company and wished him every success moving forward.