Li-ft Power Ltd. · TSXV:LIFT
Li-ft Power — Investor Presentation (October 2026)
33 slides from Li-ft Power's investor presentation, October 2026
Slide 1: TSXV: LIFT | ASX: LFT | OTCQX: LIFFF | FRA: WS0 www.li-ft.com
TSXV: LIFT | ASX: LFT | OTCQX: LIFFF | FRA: WS0 www.li-ft.com
Slide 2: Important Information
Important Information FORWARD LOOKING STATEMENTS Statements contained in this Presentation that are not current or historical factual statements may constitute “forward-looking information” within the meaning of applicable securities laws. The forward-looking information reflects current expectation
Slide 3: Important Information (Continued)
Important Information (Continued) FORWARD LOOKING STATEMENTS (Continued) CAUTIONARY NOTE REGARDING TECHNICAL DISCLOSURE NI 43-101 The technical and scientific information in this Presentation related to Li-FT’s projects has been reviewed and approved by Ron Voordouw, Ph.D., P.Geo., Partner, Chief Op
Slide 4: Building a Tier-One Hard Rock Lithium Platform in Canada
Building a Tier-One Hard Rock Lithium Platform in Canada with Visible Path to Lithium Production Aiming to be Renard Option Integrated Canada’s next provides for low downstream hard-rock Li capital intensity & strategy converting producer at the faster permitting spodumene to Li Adina Project timefr
Slide 5: Leadership Team
Leadership Team Proven Leadership Team with a Demonstrated Track Record of Value Creation in the Lithium Sector Francis MacDonald Anthony Tse Jeff Reinson President, CEO & Director Executive Chairman Chief Operating Officer 15+ years of experience in the mining Former MD & CEO – Galaxy Resources 25+
Slide 6: Adina Overview
Adina Overview Adina Lithium Project • Resource – One of the largest lithium resources in Canada: 60.5 Mt at 1.14% Li2O (indicated) 15.9 Mt at 1.17% Li2O (inferred) current resource estimate1 • Engineering simplicity – Near surface, open pittable, hard rock spodumene lithium deposit with low strip r
Slide 7: Renard Operation - Process Plant And Infrastructure
Renard Operation - Process Plant And Infrastructure TSXV: LIFT | ASX: LFT | OTCQX: LIFFF | FRA: WS0 8
Slide 8: Renard Option Terms
Renard Option Terms Key Terms • Option with 2-year term • $12M cash payment on signing (paid) • $1.00 exercise price • LIFT to cover the Care & Maintenance costs at Renard during the Option Period; evaluating opportunities to further optimize Key Benefits • $900M CAD historic capital invested • Has
Slide 9: Adina & Galinée: Better Together
Adina & Galinée: Better Together Adina • Ownership: 100% Li-FT • Size: 44 km2 Québec Resource: 60.5 Mt at 1.14% Li2O (indicated) 15.9 Mt at 1.17% Li2O (inferred) current resource estimate1 • The Adina deposit is located on the claim boundary between the Adina and Galinée Properties Li-FT Claims • Co
Slide 10: Unlocking Upside: Removing a Boundary
Unlocking Upside: Removing a Boundary Eliminating the Existing Constraint on Adina Has the Potential to Materially Increase the Mineral Resource2 Adina 2024 PEA Pit Design1 vs. Pegmatite Shell2 Commentary • The Adina deposit currently hosts a Mineral Resource of 60.5 Mt at 1.14% Li2O (Indicated) and
Slide 11: Adina – At surface mineralization
Adina – At surface mineralization 13
Slide 12: Summer 2026 Drill Program
Summer 2026 Drill Program • 45 holes / 13,404 m: 39 summer 2026 holes plus 6 previously unsampled 2024 holes1 • Drilling was focused on infilling the Galinée zone • Excellent continuity between pegmatite intersects suggesting a continuous pegmatite body at depth • Continued infill drilling in winter
Slide 13: Representative Geology & Grade
Representative Geology & Grade • Comprehensive geology re-modelling exercise completed connecting the Adina & Galinée zones together • Excellent continuity – new geology model honors existing drilling well and summer drilling confirms continuity • Updated model will be used as the basis for an updat
Slide 14: Trans-Atikh Road
Trans-Atikh Road Access between Adina & Renard • ~70 km proposed multi-user road, linking Adina–Galinée, Renard and Route 167N • Cree-led development by Eskan, with $13.5M awarded for feasibility studies • Heavy-haul design: 12 m road foundation width; four bridges designed for approximately 200 ton
Slide 15: Pathway to the Next Canadian Li Producer
Pathway to the Next Canadian Li Producer Today 2026 2027 2028 2029 2030 Lock in DFS MRE Final Investment Decision Expected First Concentrate Corporate Project Finance Operational Readiness Begins Resource Drilling Geology & MRE Update (Infill) Exploration Exploration Drilling Exploration Drilling Tr
Slide 16: Capital Intensity for Spodumene Projects
Capital Intensity for Spodumene Projects North America Australia 3,500 Africa Brazil 3,000 Capital / annual SC5.5 output (US$/tpa) PAK Shaaki. Europe 2,500 Moblan CAPEX Barroso Rose 2,000 Tabba Tabba Seymour 1,500 Manna Kathleen Valley Bandeira 1,000 Colina Adina Goulamina 500 Grota Ewoyaa do Cirilo
Slide 17: Developer Resource Base & Valuation
Developer Resource Base & Valuation Li-FT Has One of the Largest Spodumene Resource Profiles Among Developers and Significant Re-Rate Potential Global M&I + Inferred Resources1 (Mt LCE) M&I Resources 9.91 Inferred Resources 4.84 1.10 3.42 1.71 2.13 1.97 1.83 1.72 3.74 0.94 0.64 0.78 1.01 0.96 0.78 0
Slide 18: Li-FT Expands Downstream
Li-FT Expands Downstream Project Scope1 • 30ktpa LCE Battery Grade Lithium Carbonate LITHIUM CARBONATE CONVERTER STUDY WITH Converter ENGINEERING PARTNER 1 • Feedstock: spodumene concentrate from the Yellowknife Lithium Project (NWT) • Includes a high-level site evaluation to determine the optimal c
Slide 19: Canadian Railway Infrastructure - Ports easily accessible
Canadian Railway Infrastructure - Ports easily accessible TSXV: LIFT | ASX: LFT | OTCQX: LIFFF | FRA: WS0 21
Slide 20: Yellowknife - Infrastructure in an Established District
Yellowknife - Infrastructure in an Established District • The Yellowknife Lithium Project is accessible by road from the city of Yellowknife • Spodumene concentrate can be shipped to rail at Enterprise by road Ingraham Trail Highway 3–Yellowknife to Hay River A A B B CN Railroad access at Hay River
Slide 21: Yellowknife Lithium Project: Mineral Resource Estimate
Yellowknife Lithium Project: Mineral Resource Estimate • 314 drill holes or 57,314 m of drilling to date • Currently 50.4 Mt inferred resource at 1.0% Li2O (released Oct. 2024)1,2 Includes 8 of the 15 pegmatites across Li-FT’s land package, east of Yellowknife • Six of the eight dykes remain open in
Slide 22: Li-FT Timeline & Catalysts
Li-FT Timeline & Catalysts July-Oct 2026 Oct-Dec 2026 13,400m Drill Campaign1 Drill Results ADINA Oct-Mar 2027 Updated MRE + PEA Oct-Dec 2027 Definitive Feasibility Study July – Dec 2026 ABC Scoping Study for Lithium Carbonate Converter YELLOW KNIFE July-Dec 2026 Preliminary Economic Assessment Jul
Slide 23: Capital Markets Profile
Capital Markets Profile Shareholder Summary HNW/Close Associates Share Structure As at October 27, 2026 17% Basic Shares Outstanding (including CDIs) 94,668,369 Options 4,102,375 Retail RSUs, DSUs & PSUs 225,435 50% Institutional Fully Diluted Shares Outstanding 98,996,179 23% Market Cap. (C$M) $136
Slide 24: Key Takeaways
Key Takeaways 1 Developing North 2 Lowest Capital Intensity America’s next of any Li Developer in lithium producer the Western World1 3 Catalyst-rich: Drilling + Studies over the 4 Positioned well for a prolonged upswing in Li next 18 months demand Head Office Francis MacDonald Follow us: President
Slide 25: Lithium Demand Set to Double by 2030
Lithium Demand Set to Double by 2030 2030 forecasts of 3.5–3.6 Mt LCE, with a CATL-aligned upside case of 4.35 Mt CATL-aligned scenario³ Lithium demand forecasts (Mt LCE)¹˒² Using our 2026 starting point of 2.1 Mt LCE, if lithium demand grew at the same rate as CATL’s 20–30% battery-volume outlook:
Slide 26: Global Stationary Storage Demand Up >80% in 2025
Global Stationary Storage Demand Up >80% in 2025 In China, support in the 15th 5-year plan and strong economics due to falling pack costs promote stationary storage buildout In the US, stationary storage provides grid stability and resilience as energy needs increase due to AI data centers In Europe
Slide 27: Demand - 2025 Global EV Sales of 22M
Demand - 2025 Global EV Sales of 22M (+21% y/y), Driven by Growth in China and Europe Resilient demand growth in Europe supported by policy and growing local supply chain 1 Source: EV Volumes registrations data as of Jan 31, 2026 TSXV: LIFT | ASX: LFT | OTCQX: LIFFF | FRA: WS0 29
Slide 28: Supply struggles to keep pace
Supply struggles to keep pace Modest supply revisions meet surging demand — deficit market emerging in 2026 and widening through 2035 Supply revisions Global LCE Supply Forecast (LCE kt) • Old vs New estimates, 2025A – 2035E • 2026 supply lowered 8% on Jianxiawo restart delays 3500 and Zimbabwe expo
Slide 29: Historical Price Performance of Spodumene
Historical Price Performance of Spodumene • Demand Inflection: EV + energy storage growth accelerating lithium consumption • Supply constraint: new supply harder/slower to bring online → tighter market ahead • Room to Run: pricing remains well below prior-cycle peaks— creating asymmetric upside if f
Slide 30: Appendix
Appendix www.li-ft.com TSXV: LIFT | ASX: LFT | OTCQX: LIFFF | FRA: WS0 www.li-ft.com
Slide 31: Li-FT Resources (Yellowknife)
Li-FT Resources (Yellowknife) Indicated Inferred Total Li2O Li2O Li2O Zone Tonnes (Mt) Tonnes (Mt) Tonnes (Mt) (%) (%) (%) Big East - - 16.5 1.06% 16.5 1.06% Fi Main & Fi Sw - - 13.8 1.03% 13.8 1.03% Shorty - - 5.2 1.01% 5.2 1.01% Echo - - 6.2 0.94% 6.2 0.94% Ki - - 2.8 0.91% 2.8 0.91% Nite - - 4.6
Slide 32: Li-FT Resources (Adina)
Li-FT Resources (Adina) Indicated Inferred Cut-Off Grade Cut-Off Grade Method Tonnes (Mt) Tonnes (Mt) (%Li2O) (%Li2O) (%Li2O) (%Li2O) Open Pit 0.5% 58.1 1.14 0.5% 14.4 1.16 Underground 0.7% 2.4 1.11 0.7% 1.5 1.23 Total 60.5 1.14 15.9 1.17 Adina Mineral Resource Estimate Notes: (1) The Competent Pers
Slide 33: Resource References (Comparables)
Resource References (Comparables) PMET Resources: PMET Resources MRE has an effective date of October 20, 2025. For more information refer to PMET's NI 43-101 Technical Report entitled "CV5 Pegmatite Lithium-Only Feasibility Study NI 43-101 Technical Report Shaakichiuwaanaan Project". More details h