The board of directors of Tianqi Lithium Corporation announced that Mr. Jiang Weiping ("Mr. Jiang") has tendered his resignation as the Chairman of the Board in order to pass on the leadership of corporate governance to the next generation to drive the Company forward into a new phase of growth. Mr. Jiang will continue to serve as the executive Director, and retain his positions in the Strategy and Investment Committee, and the Nomination and Governance Committee of the Board, etc. He will continuously leverage his wealth of industry experience and corporate management expertise to contribute to the Company's long-term development and strategic planning.

Mr. Jiang's resignation will take effect from the date of the delivery of his resignation letter to the Board on 29 April 2024. The Board announced that, to ensure the proper functioning of the Board and in consideration of the Company's strategic arrangements and operational management needs, the Board resolved to elect Ms. Jiang Anqi ("Ms. Jiang"), an executive Director, as the Chairlady of the Board on 29 April 2024. The term of office of Ms. Jiang will commence from the date of approval by the Board to the conclusion of the sixth session of the Board.

Effective immediately upon this announcement, Ms. Jiang will no longer serve as Vice Chairlady of the Board. Ms. Jiang, Chinese, was born in 1987. Ms. Jiang was appointed as an executive Director in February 2017 and as the Vice Chairlady of the Board in April 2022, primarily responsible for assisting the Company in formulating the strategic and investment plans, and assisting the chairman in making major strategic decisions.

Ms. Jiang has nearly 10 years of experience in the lithium industry. She has been serving as the vice general manager and a director of Chengdu Tianqi Industrial (Group) Co., Limited ("Tianqi Group Company") since February 2016 and July 2018, respectively, and served as the general manager from August 2021 to June 2023. She holds various positions in Tianqi Group Company and its subsidiaries.

Further, Ms. Jiang currently serves as the director of Tianqi Lithium Holdings Pty Ltd. and other subsidiaries of the Company. Ms. Jiang graduated from Concordia University in Canada with a bachelor's degree in May 2012 and obtained a master of business administration from Southwestern University of Finance and Economics () in China in June 2022. Ms. Jiang is the daughter of Mr. Jiang.

Mr. Jiang, the founder and actual controller of the Company, has served as Chairman of the Board since December 2007, overseeing comprehensive strategic planning and business development, and making key strategic decisions. Throughout his tenure as Chairman of the Board, Mr. Jiang has discharged his duties with diligence and dedication, faithfully fulfilling his responsibilities and obligations, and actively contributing to the Company ' s regulated operation and healthy development. Additionally, leveraging his forward-looking strategic vision and extensive industry and management experience, Mr. Jiang has led the Company in actively expanding its global lithium materials resources and processing capacity, gradually establishing the Company as a leading enterprise in the global lithium industry.

The Board announced the appointment of Mr. Jiang as Honorary Chairman of the Board, to continue providing guidance and decision-making support for the Company ' s strategic planning and business development.