Hautalampi permitting process progressing – supplementary information request received

Such requests are a standard and expected part of the permitting process, reflecting the thorough and transparent regulatory framework governing mining projects in Finland and across the EU. Similar clarification rounds are a natural continuation of the review process following the submission of the EPA in April 2024 and the supplementary documentation provided in July 2025.

The Company has initiated an internal review of the request and is working closely with its specialized technical consultants and engineering advisors to assess the scope of the additional information required. Eurobattery Minerals will provide the requested clarifications and any supporting documentation in due course, following a thorough assessment of the authority’s request.

The permitting process is advancing in accordance with the regulatory procedure applicable to major mining projects in Finland, and the Company remains fully committed to providing comprehensive and high-quality responses to the authority’s requests.

The Hautalampi project, located in the historic Outokumpu mining region in Finland, is being developed as a future European source of responsibly produced nickel, cobalt and copper—critical raw materials for the sustainability transition. FinnCobalt has applied for Strategic Project designation under the EU Critical Raw Materials Act (CRMA), underscoring the project’s European strategic relevance.

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