Critical Metals Corp. Acquisition of European Lithium

Critical Metals Corp. has entered into a binding Scheme Implementation Deed to acquire all shares and listed options of European Lithium Ltd. The transaction will be implemented through two interdependent schemes of arrangement under Australian law. European Lithium shareholders will receive 0.035 shares of Critical Metals for each European Lithium share held. The transaction is conditional on several factors, including approval from European Lithium shareholders, a minimum net cash balance for European Lithium, and regulatory approvals. The completion of the transaction is expected in the second half of 2026, with a shareholder meeting anticipated in the third quarter of 2026.