The TSM program, coordinated in Finland by the Finnish Mining Association (FinnMin), provides a transparent and comparable framework for assessing environmental and social responsibility in the mining industry. By participating in the TSM initiative, FinnCobalt demonstrates its ongoing commitment to continuous improvement, transparency, and responsible mining practices aligned with both Finnish and EU sustainability goals.

“All human activity carries some degree of impact — the key question is how we minimize it,” says Ilari Kinnunen, Managing Director in Finland. “By strengthening our ESG base even further, FinnCobalt highlights the importance of transparent operations and maximum respect for the local communities and the environment. This approach aligns directly with the objectives of the Critical Raw Materials Act (CRMA), reinforcing responsible and traceable production of minerals within Europe while supporting the sustainability transition.”

FinnCobalt has just gone through the yearly auditing process for TSM and an updated profile for our Finnish subsidiary is now available on the official TSM website: kaivosvastuu.fi/en/exploration/2024-finncobalt-oy/. Both FinnCobalt and Eurobattery Minerals are committed to the operating principles of the mineral exploration responsibility system and we have informed all our personnel about the commitment.

“Responsible mining is the foundation of our strategy. Using the TSM standard helps us measure, improve, and communicate our sustainability performance in a credible and transparent way. This aligns perfectly with our vision — responsibly mined minerals, from Europe for Europe”, says Roberto García Martínez, CEO of Eurobattery Minerals AB.

The Group is placing renewed focus on how it communicates its ESG work, ensuring that it is as transparent as possible so stakeholders can easily follow progress and outcomes. As part of this commitment, FinnCobalt will publish its first standalone sustainability report in December 2025, providing clear insights into our responsible mining practices and ongoing contributions to Europe´s sustainability transition.

For more information about TSM, visit: https://kaivosvastuu.fi/en/network/towards-sustainable-mining/

Eurobattery Minerals has entered into an agreement with Mangold Fondkommission AB regarding the provision of liquidity services. Mangold Fondkommission AB will assume the role of Liquidity Provider as of 17 October 2025. 

The CRMA establishes a framework to secure the EU’s sustainable supply of critical raw materials and to strengthen Europe’s strategic autonomy by supporting projects that extract, process, or recycle such materials within the Union.

The second call for strategic projects was announced on 25 September 2025. The deadline for applications is 15 January 2026 at 12:00 noon CET. After confirming that the applications are complete, the CRMA Board then has 90 days to announce the new strategic projects under the CRMA (the decision could be delayed for 3 months if there are many applications).

Through its dual applications, Eurobattery Minerals demonstrates its commitment to the principle of “minerals extracted in a responsible way in Europe, for Europe” — ensuring that responsibly produced raw materials can directly support the EU’s green and digital transitions.

Roberto García Martínez, CEO of Eurobattery Minerals AB, comments: “The second CRMA call gives us a renewed opportunity to highlight our two cornerstone projects —San Juan in Spain and Hautalampi in Finland — both strategically located, advanced, and aligned with Europe’s sustainability and supply security goals. Our vision remains clear: Responsibly mined minerals – from Europe for Europe. By building a responsible and traceable supply chain within the EU, we are not only contributing to the industrial resilience as we move towards electrification but also creating long-term value for our investors through projects positioned at the heart of Europe’s strategic autonomy in critical raw materials. That our vision is of outmost importance is further confirmed by the latest global developments.”

San Juan Tungsten Project – Spain
The San Juan mine is located near the village of A Gudiña – in the province of Ourense in Galicia, Spain. Tungsten – also known as wolfram – is a strategic resource under the CRMA due to its importance in defence, renewable energy, and high-performance industrial applications. The proven ore reserves are an estimated 60,000 tons of ore grading 1.3% WO₃ and production is expected to start at the end of 2026. The project builds on the rich mining heritage in Galicia and is developed in close collaboration with local communities and authorities. Local content is a strategic pillar at San Juan — ensuring that mining not only delivers raw materials, but also local jobs, skills, and value creation.

Agne Ahlenius, Managing Director Spain, comments: “Our San Juan tungsten project perfectly reflects the CRMA’s objectives. With strong local support and a clear environmental focus, we aim to produce tungsten responsibly and efficiently within Europe. This project strengthens Galicia region and Spain’s position in the European mining landscape and contributes to securing essential materials for Europe’s sustainability and industrial transitions.”

The Company has an agreement in place with the Austrian industrial partner Wolfram Bergbau und Hütten for the purchase of tungsten concentrate from San Juan. This is a good example on how a mining project can have cross-border benefits across various EU states.

Hautalampi Battery Mineral Project – Finland
Located in Outokumpu, Eastern Finland, Hautalampi was previously known as the Cobalt-Nickel Parallel of the historic Outokumpu (Keretti) copper mine. The location is excellent for mine development with strong local support for mining. This position is ideal for the many industries that work with sustainability transition technologies in northern Europe. Finland has yet again been ranked as the world’s most attractive jurisdiction for mining (Annual Survey of Mining Companies, Fraser Institute, 2025).

The Hautalampi project is a nickel-cobalt-copper deposit that has reached an advanced stage of development with a pre-feasibility study completed and environmental permit application already submitted. The project has strong ESG credentials and partnerships supporting renewable energy use and low-carbon production.

In the case of Hautalampi, the Company is reapplying in this second round following the positive feedback received after the first round. We have addressed and corrected the points raised by the European Commission in their comments.

Ilari Kinnunen, Managing Director Finland, adds: “Hautalampi is a model for responsible mining within the EU — an advanced project with proven ore reserves, a strong technical foundation, and a commitment to innovation and environmental responsibility. With growing demand for nickel, cobalt, and – above all – copper in the battery industry and electrification process, the Hautalampi battery mineral project is ideally positioned to contribute to the CRMA’s goals and to Europe’s secure, traceable raw material supply chain.”

The Company has a non-binding agreement in place with two industrial partners for the Hautalampi project: Boliden AB for the purchase of copper; and with Terrafame Ltd., to explore the possibilities to process nickel and cobalt at their state-of-the art plant in Finland.

With two advanced projects now progressing under the CRMA process, Eurobattery Minerals is strengthening its position as one of the few European mining companies with multi-country exposure to strategic raw materials – driving both sustainability and long-term shareholder value.

Link the European Commission website about Strategic Projects under the CRMA: https://single-market-economy.ec.europa.eu/sectors/raw-materials/areas-specific-interest/critical-raw-materials/strategic-projects-under-crma_en

Mangold will take over as Mentor for the Company today, 1 October 2025.

Terms of the Issue
The following conditions shall apply for the issuance:

1. The right to subscribe shares shall be granted to a German investor.

2. For each subscribed share, a cash payment of 0.06 SEK shall be made.

3. Subscription of shares shall be binding and executed on a separate subscription list, no later than three (3) days after the issuance decision. Payment shall be made no later than the fourth (4th) banking day after the notice of allocation is sent to the subscriber. The board shall have the right to extend the final deadline for subscription and payment.

4. The new shares shall entitle the holder to dividends starting with the first ex-dividend date that occurs closest to the date when the new shares are registered at the Companies Registration Office and entered into the share register maintained by Euroclear Sweden AB.

5. The Board of Directors, or the proxy that the Board decides to appoint for this task, is authorized to make minor adjustments necessary for registration at the Companies Registration Office and Euroclear Sweden AB.

Background and rationale of the Rights Issue
The purpose of the issue and the reason for the deviation from shareholders’ preferential rights is to enable existing shareholders who were unable to subscribe to the company’s previous preferential issue due to administrative problems to subscribe on the same terms as other shareholders.

The subscription price has been set at SEK 0.06 per share, which corresponds to the subscription price in the completed rights issue. The Board of Directors considers the subscription price to be in line with market conditions. This is because the issue is being carried out with the aim of safeguarding shareholders’ interests in participating on the same terms as in the completed rights issue.

Change in number of shares and share capital
Upon full subscription in the issue, the number of shares in the Company will increase by a maximum of 18,750,000 shares, from 849,556,961 shares to 868,306,961 shares and the share capital will increase by a maximum of SEK 25,655.556184 from SEK 1,162,445.67172 to SEK 1,188,101.23.

Advisors
Nordic Issuing AB is issuing agent and Foyen Advokatfirma i Sverige KB is legal advisor to the Company in connection with the Rights Issue.

Important information
Publication, release or distribution of this press release may in certain jurisdictions be subject to legal restrictions and people in the jurisdictions where this press release has been made public or distributed should be informed of and follow such legal restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer or solicitation to buy or subscribe for any securities in Eurobattery Minerals in any jurisdiction, either from Eurobattery Minerals or from anyone else.

This press release is not a prospectus according to the definition in the Prospectus Regulation and has not been approved by any regulatory authority in any jurisdiction. No prospectus will be prepared in connection with the Rights Issue. The Company will prepare and publish an information document in accordance with what is prescribed in Annex IX of the Prospectus Regulation before the subscription period in the Rights Issue begins.

This press release does not constitute an offer or solicitation to buy or subscribe for securities in the United States. The securities mentioned herein may not be sold in the United States without registration, or without an exemption from registration, under the U.S. Securities Act from 1933 (“Securities Act“), and may not be offered or sold within the United States without being registered, covered by an exemption from, or part of a transaction that is not subject to the registration requirements according to the Securities Act. There is no intention to register any securities mentioned herein in the United States or to issue a public offering of such securities in the United States. The information in this press release may not be released, published, copied, reproduced or distributed, directly or indirectly, wholly or in part, in or to Australia, Hong Kong, Japan, Canada, New Zealand, Singapore, South Africa, the United States or any other jurisdiction where the release, publication or distribution of this information would violate current rules or where such an action is subject to legal restrictions or would require additional registration or other measures beyond those that follow from Swedish law. Actions in contravention of this instruction may constitute a violation of applicable securities legislation.

Forward-looking statements
This press release contains forward-looking statements related to the Company’s intentions, estimates or expectations with regard to the Company’s future results, financial position, liquidity, development, outlook, estimated growth, strategies and opportunities as well as the markets in which the Company is active. Forward-looking statements are statements that do not refer to historical facts and can be identified by the use of terms such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “will,” “may,” “implies,” “should,” “could” and, in each case, their negative, or comparable terminology. The forward-looking statements in this press release are based on various assumptions, which in several cases are based on further assumptions. Although the Company believes that the assumptions reflected in these forward-looking statements are reasonable, there is no guarantee that they will occur or that they are correct. Since these assumptions are based on assumptions or estimates and involve risks and uncertainties, actual results or outcomes, for many different reasons, may differ materially from those what is stated in the forward-looking statements. Due to such risks, uncertainties, eventualities and other significant factors, actual events may differ materially from the expectations that expressly or implicitly are contained in this press release through the forward-looking statements. The Company does not guarantee that the assumptions which serve as a basis for the forward-looking statements in this press release are correct, and each reader of the press release should not rely on the forward-looking statements in this press release. The information, opinions and forward-looking statements that expressly or implicitly are stated herein are provided only as of the date of this press release and may change. Neither the Company nor any other party will review, update, confirm or publicly announce any revision of any forward-looking statement to reflect events that occur or circumstances that arise with respect to the contents of this press release, beyond what is required by law or Nordic Growth Markets’ rules.

The Rights Issue has now been registered with the Swedish Companies Registration Office, and the last day of trading in BTUs is September 23, 2025, with the record date at Euroclear Sweden AB on September 25, 2025. The newly issued shares are expected to be credited to the respective securities/VP accounts around September 29, 2025.

Advisors
Mangold Fondkommission AB is financial advisor and Foyen Advokatfirma i Sverige KB is legal advisor to the Company in connection with the Rights Issue.

IMPORTANT INFORMATION
Publication, release or distribution of this press release may in certain jurisdictions be subject to legal restrictions and people in the jurisdictions where this press release has been made public or distributed should be informed of and follow such legal restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer or solicitation to buy or subscribe for any securities in Eurobattery Minerals in any jurisdiction, either from Eurobattery Minerals or from anyone else.

This press release is not a prospectus according to the definition in the Prospectus Regulation and has not been approved by any regulatory authority in any jurisdiction. No prospectus will be prepared in connection with the Rights Issue. The Company has instead prepared and published an information document in accordance with what is prescribed in Annex IX of the Prospectus Regulation.

This press release does not constitute an offer or solicitation to buy or subscribe for securities in the United States. The securities mentioned herein may not be sold in the United States without registration, or without an exemption from registration, under the U.S. Securities Act from 1933 (“Securities Act“), and may not be offered or sold within the United States without being registered, covered by an exemption from, or part of a transaction that is not subject to the registration requirements according to the Securities Act. There is no intention to register any securities mentioned herein in the United States or to issue a public offering of such securities in the United States. The information in this press release may not be released, published, copied, reproduced or distributed, directly or indirectly, wholly or in part, in or to Australia, Hong Kong, Japan, Canada, New Zealand, Singapore, South Africa, the United States or any other jurisdiction where the release, publication or distribution of this information would violate current rules or where such an action is subject to legal restrictions or would require additional registration or other measures beyond those that follow from Swedish law. Actions in contravention of this instruction may constitute a violation of applicable securities legislation.

Forward-looking statements
This press release contains forward-looking statements related to the Company’s intentions, estimates or expectations with regard to the Company’s future results, financial position, liquidity, development, outlook, estimated growth, strategies and opportunities as well as the markets in which the Company is active. Forward-looking statements are statements that do not refer to historical facts and can be identified by the use of terms such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “will,” “may,” “implies,” “should,” “could” and, in each case, their negative, or comparable terminology. The forward-looking statements in this press release are based on various assumptions, which in several cases are based on further assumptions. Although the Company believes that the assumptions reflected in these forward-looking statements are reasonable, there is no guarantee that they will occur or that they are correct. Since these assumptions are based on assumptions or estimates and involve risks and uncertainties, actual results or outcomes, for many different reasons, may differ materially from those what is stated in the forward-looking statements. Due to such risks, uncertainties, eventualities and other significant factors, actual events may differ materially from the expectations that expressly or implicitly are contained in this press release through the forward-looking statements. The Company does not guarantee that the assumptions which serve as a basis for the forward-looking statements in this press release are correct, and each reader of the press release should not rely on the forward-looking statements in this press release. The information, opinions and forward-looking statements that expressly or implicitly are stated herein are provided only as of the date of this press release and may change. Neither the Company nor any other party will review, update, confirm or publicly announce any revision of any forward-looking statement to reflect events that occur or circumstances that arise with respect to the contents of this press release, beyond what is required by law or Nordic Growth Markets’ and Börse Stuttgart’s rules.

Outcome in the Rights Issue
The subscription period in the Rights Issue ended on September 8, 2025. The final outcome shows that 97,526,092 units, corresponding to approximately 22.4 percent of the Rights Issue, have been subscribed for with unit rights. In addition, applications have been received to subscribe for 27,721,103 units without unit rights, corresponding to approximately 6.4 percent of the Rights Issue. Each unit in the Rights Issue contains three (3) shares. In total, 125,247,195 units were subscribed, corresponding to approximately 28.7 percent of the Rights Issue. Through the rights issue, the Company will receive approximately SEK 22.5 million before issue costs and before set-off of claims.

Allocation of shares subscribed without unit rights
Allotment of shares subscribed for without subscription rights has been made in accordance with the principles set out in the information document published by the Company on August 21, 2025, in connection with the Rights Issue. Notice of such allotment will be announced separately through a settlement note. Nominee-registered shareholders will receive notification of allotment in accordance with instructions from the respective nominee.

Shares and share capital
Through the Rights Issue, the total number of shares in the Company will increase by 375,741,585 shares, from 473,815,376 shares to 849,556,961 shares, and the share capital will increase by SEK 514,125.831722, from SEK 648,319.840000 to SEK 1,162,445.671722. This corresponds to a dilution effect of approximately 44.2 percent of the total number of shares and votes in the Company.

Trading in paid subscribed units (“BTU”)
The last day of trading in BTU is expected to be in week 41, 2025. Trading in the new shares subscribed for with and without unit rights is expected to commence on NGM Nordic SME in or around week 41, 2025.

Advisors
Mangold Fondkommission AB is financial advisor and Foyen Advokatfirma i Sverige KB is legal advisor to the Company in connection with the Rights Issue.

IMPORTANT INFORMATION
Publication, release or distribution of this press release may in certain jurisdictions be subject to legal restrictions and people in the jurisdictions where this press release has been made public or distributed should be informed of and follow such legal restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer or solicitation to buy or subscribe for any securities in Eurobattery Minerals in any jurisdiction, either from Eurobattery Minerals or from anyone else.

This press release is not a prospectus according to the definition in the Prospectus Regulation and has not been approved by any regulatory authority in any jurisdiction. No prospectus will be prepared in connection with the Rights Issue. The Company has instead prepared and published an information document in accordance with what is prescribed in Annex IX of the Prospectus Regulation.

This press release does not constitute an offer or solicitation to buy or subscribe for securities in the United States. The securities mentioned herein may not be sold in the United States without registration, or without an exemption from registration, under the U.S. Securities Act from 1933 (“Securities Act“), and may not be offered or sold within the United States without being registered, covered by an exemption from, or part of a transaction that is not subject to the registration requirements according to the Securities Act. There is no intention to register any securities mentioned herein in the United States or to issue a public offering of such securities in the United States. The information in this press release may not be released, published, copied, reproduced or distributed, directly or indirectly, wholly or in part, in or to Australia, Hong Kong, Japan, Canada, New Zealand, Singapore, South Africa, the United States or any other jurisdiction where the release, publication or distribution of this information would violate current rules or where such an action is subject to legal restrictions or would require additional registration or other measures beyond those that follow from Swedish law. Actions in contravention of this instruction may constitute a violation of applicable securities legislation.

Forward-looking statements
This press release contains forward-looking statements related to the Company’s intentions, estimates or expectations with regard to the Company’s future results, financial position, liquidity, development, outlook, estimated growth, strategies and opportunities as well as the markets in which the Company is active. Forward-looking statements are statements that do not refer to historical facts and can be identified by the use of terms such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “will,” “may,” “implies,” “should,” “could” and, in each case, their negative, or comparable terminology. The forward-looking statements in this press release are based on various assumptions, which in several cases are based on further assumptions. Although the Company believes that the assumptions reflected in these forward-looking statements are reasonable, there is no guarantee that they will occur or that they are correct. Since these assumptions are based on assumptions or estimates and involve risks and uncertainties, actual results or outcomes, for many different reasons, may differ materially from those what is stated in the forward-looking statements. Due to such risks, uncertainties, eventualities and other significant factors, actual events may differ materially from the expectations that expressly or implicitly are contained in this press release through the forward-looking statements. The Company does not guarantee that the assumptions which serve as a basis for the forward-looking statements in this press release are correct, and each reader of the press release should not rely on the forward-looking statements in this press release. The information, opinions and forward-looking statements that expressly or implicitly are stated herein are provided only as of the date of this press release and may change. Neither the Company nor any other party will review, update, confirm or publicly announce any revision of any forward-looking statement to reflect events that occur or circumstances that arise with respect to the contents of this press release, beyond what is required by law or Nordic Growth Markets’ and Börse Stuttgart’s rules.

Preliminary outcome of the Rights Issue
The subscription period in the Rights Issue ends today on September 8, 2025. The preliminary outcome indicates that 97,526,092 units, corresponding to approximately 22.4 percent of the Rights Issue, have been subscribed for with unit rights in the Rights Issue. In addition, applications have been received to subscribe for 19,387,770 units without unit rights, corresponding to approximately 4.4 percent of the Rights Issue. Thus, the preliminary outcome indicates that the Rights Issue, with and without unit rights, is subscribed to approximately 26.8 percent.

Subscription without preferential rights
The subscription period in the Rights Issue runs from August 25, 2025, up to and including today September 8, 2025. Thus, the application for subscription of units without preferential rights in the Rights Issue remains open via Mangold Fondkommission AB’s issue page until 23:59 on September 8, 2025, link to issue page.

Allocation of shares subscribed without unit rights
Allotment of shares subscribed for without subscription rights has been made in accordance with the principles set out in the information document published by the Company on August 21, 2025, in connection with the Rights Issue. Notice of such allotment will be announced separately through a settlement note. Nominee-registered shareholders will receive notification of allotment in accordance with instructions from the respective nominee.

Final outcome and trading in paid subscribed units (“BTU”)
The final outcome of the Rights Issue is expected to be announced on September 10, 2025. The last day of trading in BTU is expected to be in week 41, 2025. Trading in the new shares subscribed for with and without unit rights is expected to commence on Nordic SME Sweden in or around week 41, 2025.

Advisors
Mangold Fondkommission AB is financial advisor and Foyen Advokatfirma i Sverige KB is legal advisor to the Company in connection with the Rights Issue.

Important information
Publication, release or distribution of this press release may in certain jurisdictions be subject to legal restrictions and people in the jurisdictions where this press release has been made public or distributed should be informed of and follow such legal restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer or solicitation to buy or subscribe for any securities in Eurobattery Minerals in any jurisdiction, either from Eurobattery Minerals or from anyone else.

This press release is not a prospectus according to the definition in the Prospectus Regulation and has not been approved by any regulatory authority in any jurisdiction. No prospectus will be prepared in connection with the Rights Issue. The Company has instead prepared and published an information document in accordance with what is prescribed in Annex IX of the Prospectus Regulation.

This press release does not constitute an offer or solicitation to buy or subscribe for securities in the United States. The securities mentioned herein may not be sold in the United States without registration, or without an exemption from registration, under the U.S. Securities Act from 1933 (“Securities Act“), and may not be offered or sold within the United States without being registered, covered by an exemption from, or part of a transaction that is not subject to the registration requirements according to the Securities Act. There is no intention to register any securities mentioned herein in the United States or to issue a public offering of such securities in the United States. The information in this press release may not be released, published, copied, reproduced or distributed, directly or indirectly, wholly or in part, in or to Australia, Hong Kong, Japan, Canada, New Zealand, Singapore, South Africa, the United States or any other jurisdiction where the release, publication or distribution of this information would violate current rules or where such an action is subject to legal restrictions or would require additional registration or other measures beyond those that follow from Swedish law. Actions in contravention of this instruction may constitute a violation of applicable securities legislation.

Forward-looking statements
This press release contains forward-looking statements related to the Company’s intentions, estimates or expectations with regard to the Company’s future results, financial position, liquidity, development, outlook, estimated growth, strategies and opportunities as well as the markets in which the Company is active. Forward-looking statements are statements that do not refer to historical facts and can be identified by the use of terms such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “will,” “may,” “implies,” “should,” “could” and, in each case, their negative, or comparable terminology. The forward-looking statements in this press release are based on various assumptions, which in several cases are based on further assumptions. Although the Company believes that the assumptions reflected in these forward-looking statements are reasonable, there is no guarantee that they will occur or that they are correct. Since these assumptions are based on assumptions or estimates and involve risks and uncertainties, actual results or outcomes, for many different reasons, may differ materially from those what is stated in the forward-looking statements. Due to such risks, uncertainties, eventualities and other significant factors, actual events may differ materially from the expectations that expressly or implicitly are contained in this press release through the forward-looking statements. The Company does not guarantee that the assumptions which serve as a basis for the forward-looking statements in this press release are correct, and each reader of the press release should not rely on the forward-looking statements in this press release. The information, opinions and forward-looking statements that expressly or implicitly are stated herein are provided only as of the date of this press release and may change. Neither the Company nor any other party will review, update, confirm or publicly announce any revision of any forward-looking statement to reflect events that occur or circumstances that arise with respect to the contents of this press release, beyond what is required by law or Nordic Growth Markets’ and Börse Stuttgart’s rules.

Summary of the Rights Issue

• Anyone who was registered as a shareholder in Eurobattery Minerals on the record date August 21, 2025, received one (1) unit right for each share in the Company. One (1) unit right entitles subscription of one (1) unit in the Rights Issue. One (1) unit contains three (3) new shares in the Company.
• The subscription price in the Rights Issue amounts to SEK 0.18 per unit, corresponding to a subscription price of SEK 0.06 per share.
• The Rights Issue can, if fully subscribed, provide Eurobattery Minerals with approximately SEK 78.5 million before transaction costs, which Eurobattery Minerals estimates to a maximum of approximately SEK 5.0 million, before set-off of outstanding claims amounting to approximately SEK 3.7 million and, if deemed appropriate, before early repayment of the outstanding convertible loan to Fenja Capital II A/S amounting to approximately SEK 4.0 million.
• The subscription period in the Rights Issue runs from and including August 25, 2025, up to and including September 8, 2025.
• The Rights Issue is covered by subscription undertakings of approximately SEK 3.7 million, corresponding to approximately 4.7 per cent of the Rights Issue, with way of payment through set-off of outstanding claims against the Company.

Advisors

Mangold Fondkommission AB is financial advisor and Foyen Advokatfirma i Sverige KB is legal advisor to the Company in connection with the Rights Issue.

Important information
Publication, release or distribution of this press release may in certain jurisdictions be subject to legal restrictions and people in the jurisdictions where this press release has been made public or distributed should be informed of and follow such legal restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer or solicitation to buy or subscribe for any securities in Eurobattery Minerals in any jurisdiction, either from Eurobattery Minerals or from anyone else.

This press release is not a prospectus according to the definition in the Prospectus Regulation and has not been approved by any regulatory authority in any jurisdiction. No prospectus will be prepared in connection with the Rights Issue. The Company has instead prepared and published an information document in accordance with what is prescribed in Annex IX of the Prospectus Regulation.

This press release does not constitute an offer or solicitation to buy or subscribe for securities in the United States. The securities mentioned herein may not be sold in the United States without registration, or without an exemption from registration, under the U.S. Securities Act from 1933 (“Securities Act“), and may not be offered or sold within the United States without being registered, covered by an exemption from, or part of a transaction that is not subject to the registration requirements according to the Securities Act. There is no intention to register any securities mentioned herein in the United States or to issue a public offering of such securities in the United States. The information in this press release may not be released, published, copied, reproduced or distributed, directly or indirectly, wholly or in part, in or to Australia, Hong Kong, Japan, Canada, New Zealand, Singapore, South Africa, the United States or any other jurisdiction where the release, publication or distribution of this information would violate current rules or where such an action is subject to legal restrictions or would require additional registration or other measures beyond those that follow from Swedish law. Actions in contravention of this instruction may constitute a violation of applicable securities legislation.

Forward-looking statements
This press release contains forward-looking statements related to the Company’s intentions, estimates or expectations with regard to the Company’s future results, financial position, liquidity, development, outlook, estimated growth, strategies and opportunities as well as the markets in which the Company is active. Forward-looking statements are statements that do not refer to historical facts and can be identified by the use of terms such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “will,” “may,” “implies,” “should,” “could” and, in each case, their negative, or comparable terminology. The forward-looking statements in this press release are based on various assumptions, which in several cases are based on further assumptions. Although the Company believes that the assumptions reflected in these forward-looking statements are reasonable, there is no guarantee that they will occur or that they are correct. Since these assumptions are based on assumptions or estimates and involve risks and uncertainties, actual results or outcomes, for many different reasons, may differ materially from those what is stated in the forward-looking statements. Due to such risks, uncertainties, eventualities and other significant factors, actual events may differ materially from the expectations that expressly or implicitly are contained in this press release through the forward-looking statements. The Company does not guarantee that the assumptions which serve as a basis for the forward-looking statements in this press release are correct, and each reader of the press release should not rely on the forward-looking statements in this press release. The information, opinions and forward-looking statements that expressly or implicitly are stated herein are provided only as of the date of this press release and may change. Neither the Company nor any other party will review, update, confirm or publicly announce any revision of any forward-looking statement to reflect events that occur or circumstances that arise with respect to the contents of this press release, beyond what is required by law or Nordic Growth Markets’ and Börse Stuttgart’s rules.

In the interview, Roberto García Martínez explains what the new investment in the Spanish mining company Tungsten San Juan S.L. means for the Company and what milestones to expect for the new project and Eurobattery Minerals in general. Roberto García Martínez also highlights the importance of tungsten mining in Europe and what the regulatory shifts in the form of the EU Critical Raw Materials Act means for Eurobattery Minerals.

The ongoing Rights Issue in brief

• Anyone who was registered as a shareholder in Eurobattery Minerals on the record date August 21, 2025, received one (1) unit right for each share in the Company. One (1) unit right entitles subscription of one (1) unit in the Rights Issue. One (1) unit contains three (3) new shares in the Company.
• The subscription price in the Rights Issue amounts to SEK 0.18 per unit, corresponding to a subscription price of SEK 0.06 per share.
• The Rights Issue can, if fully subscribed, provide Eurobattery Minerals with approximately SEK 78.5 million before transaction costs, which Eurobattery Minerals estimates to a maximum of approximately SEK 5.0 million, before set-off of outstanding claims amounting to approximately SEK 3.7 million and, if deemed appropriate, before early repayment of the outstanding convertible loan to Fenja Capital II A/S amounting to approximately SEK 4.0 million.
• The subscription period in the Rights Issue runs from and including August 25, 2025, up to and including September 8, 2025. Please note that certain nominees, banks and custodians may have an earlier response deadline for subscription of units in the Rights Issue. Shareholders with nominee-registered holdings are therefore advised to check with their nominee, bank or custodian if they have an earlier response deadline.
• The Rights Issue is covered by subscription undertakings of approximately SEK 3.7 million, corresponding to approximately 4.7 per cent of the Rights Issue, with way of payment through set-off of outstanding claims against the Company.

Preliminary timetable for the Rights Issue

Advisors
Mangold Fondkommission AB is financial advisor and Foyen Advokatfirma i Sverige KB is legal advisor to the Company in connection with the Rights Issue.

Important information
Publication, release or distribution of this press release may in certain jurisdictions be subject to legal restrictions and people in the jurisdictions where this press release has been made public or distributed should be informed of and follow such legal restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer or solicitation to buy or subscribe for any securities in Eurobattery Minerals in any jurisdiction, either from Eurobattery Minerals or from anyone else.

This press release is not a prospectus according to the definition in the Prospectus Regulation and has not been approved by any regulatory authority in any jurisdiction. No prospectus will be prepared in connection with the Rights Issue. The Company has instead prepared and published an information document in accordance with what is prescribed in Annex IX of the Prospectus Regulation.

This press release does not constitute an offer or solicitation to buy or subscribe for securities in the United States. The securities mentioned herein may not be sold in the United States without registration, or without an exemption from registration, under the U.S. Securities Act from 1933 (“Securities Act“), and may not be offered or sold within the United States without being registered, covered by an exemption from, or part of a transaction that is not subject to the registration requirements according to the Securities Act. There is no intention to register any securities mentioned herein in the United States or to issue a public offering of such securities in the United States. The information in this press release may not be released, published, copied, reproduced or distributed, directly or indirectly, wholly or in part, in or to Australia, Hong Kong, Japan, Canada, New Zealand, Singapore, South Africa, the United States or any other jurisdiction where the release, publication or distribution of this information would violate current rules or where such an action is subject to legal restrictions or would require additional registration or other measures beyond those that follow from Swedish law. Actions in contravention of this instruction may constitute a violation of applicable securities legislation.

Forward-looking statements
This press release contains forward-looking statements related to the Company’s intentions, estimates or expectations with regard to the Company’s future results, financial position, liquidity, development, outlook, estimated growth, strategies and opportunities as well as the markets in which the Company is active. Forward-looking statements are statements that do not refer to historical facts and can be identified by the use of terms such as “believes,” “expects,” “anticipates,” “intends,” “estimates,” “will,” “may,” “implies,” “should,” “could” and, in each case, their negative, or comparable terminology. The forward-looking statements in this press release are based on various assumptions, which in several cases are based on further assumptions. Although the Company believes that the assumptions reflected in these forward-looking statements are reasonable, there is no guarantee that they will occur or that they are correct. Since these assumptions are based on assumptions or estimates and involve risks and uncertainties, actual results or outcomes, for many different reasons, may differ materially from those what is stated in the forward-looking statements. Due to such risks, uncertainties, eventualities and other significant factors, actual events may differ materially from the expectations that expressly or implicitly are contained in this press release through the forward-looking statements. The Company does not guarantee that the assumptions which serve as a basis for the forward-looking statements in this press release are correct, and each reader of the press release should not rely on the forward-looking statements in this press release. The information, opinions and forward-looking statements that expressly or implicitly are stated herein are provided only as of the date of this press release and may change. Neither the Company nor any other party will review, update, confirm or publicly announce any revision of any forward-looking statement to reflect events that occur or circumstances that arise with respect to the contents of this press release, beyond what is required by law or Nordic Growth Markets’ and Börse Stuttgart’s rules.