As part of this work, FinnCobalt recently took part in the 2nd EUMINDA Interregional Meeting (IR2) held in Western Macedonia, Greece, from 9–11 March 2026, together with representatives from regional authorities, research institutions, and industry across Europe.

Through EUMINDA, FinnCobalt has joined an important stakeholder cooperation network aimed at strengthening responsible mining practices through dialogue, knowledge exchange, and policy development.

International cooperation and knowledge exchange
A central part of the EUMINDA project is international information exchange and deepened cooperation between European regions. The initiative brings together public authorities, academia, industry, and civil society to address the long-term consequences of mining and to improve governance frameworks for mine closure and restoration.

For FinnCobalt and Eurobattery Minerals, participation reflects a core principle of responsible mining: responsibility extends beyond operations and includes the long-term restoration of mining sites.

“It might seem unusual to talk about restoration before mining operations have even started — but in modern responsible mining that is exactly how it should be,” said Ilari Kinnunen, Managing Director of FinnCobalt. “Closure and restoration must be part of the project design from day one. Through EUMINDA, we exchange practical experience with European partners while also learning from how different regions are addressing the legacy of past mining activities.”

From mining legacies to future-proof project design
EUMINDA focuses on addressing the environmental, social, and economic legacies of historical mining, while supporting regions in developing more effective approaches to restoration and post-mining land use.

Eurobattery Minerals applies these lessons proactively by integrating closure planning, rehabilitation, and restoration into project development from the earliest stages. This includes planning for progressive restoration during operations and ensuring that sites are environmentally safe and suitable for future use.

Strong regional cooperation in North Karelia
FinnCobalt participates in the project through the Regional Council of North Karelia, as part of a broad regional stakeholder network including authorities, academia, industry, and civil society.
The region has strong expertise in addressing environmental impacts from mining and advancing circular solutions, and the cooperation contributes to the development of a roadmap for a responsible mineral economy in North Karelia.

“Europe’s sustainability transition and industrial competitiveness both depend on secure access to responsibly produced raw materials,” said Roberto García Martínez, CEO of Eurobattery Minerals. “For mining projects to earn public trust and attract long-term investment, responsibility must extend across the entire life cycle — including closure and restoration. Initiatives like EUMINDA strengthen the policy environment needed for modern European mining to develop with credibility and transparency.”

About EUMINDA
EUMINDA is an Interreg Europe project that brings together European regions, public authorities, and experts to improve policies addressing the long-term environmental, social, and legal impacts of mining activities. The project focuses on mine closure, restoration, and post-mining legacies, promoting interregional cooperation, knowledge exchange, and stronger governance frameworks across Europe.

Link to article from the North Karelian Regional Council: https://pohjois-karjala.fi/2026/03/pohjois-karjala-vahvistaa-yhteistyotaan-eurooppalaisten-alueiden-kanssa-kaivosalan-kehittamiseksi/

Language versions
Eurobattery Minerals AB publishes information in English, Swedish, and German for the convenience of our shareholders and stakeholders. In the event of any discrepancies or inconsistencies between the language versions, the English version shall prevail.

“Metallurgical testwork is a critical step in transforming a mineral resource into a viable mining project,” said Roberto García Martínez, CEO of Eurobattery Minerals. “By working with SLR, a globally recognised and highly experienced technical partner, we are strengthening the technical foundation of the San Juan project and moving forward in a structured and disciplined way.”

The bulk sample, totalling approximately 1,000 kilograms of wolfram-bearing material, will be processed at SLR’s laboratories in Truro, Cornwall — a historic mining region. SLR has extensive expertise in mineral processing and metallurgical testing.

The test programme, expected to run over approximately five months — with results expected in Q3 2026 — will involve a comprehensive evaluation of the ore’s processing characteristics. This includes crushing and classification into different size fractions, followed by detailed analysis of grade distribution to determine how the wolfram mineralisation is hosted within the material.

A series of gravity-based metallurgical tests will be conducted, including cyclone classification, spiral separation and shaking table tests. These tests will generate multiple output streams — including concentrate, intermediate fractions, and tailings — enabling a detailed assessment of recovery performance across different particle sizes and processing conditions.

The results from the programme will form the basis for the final design of the process flowsheet and the future processing plant, supporting both technical optimisation and responsible resource use. This represents a key milestone in the project’s development path: the metallurgical data will feed directly into the final engineering design work being led by Minepro, enabling the Company to advance towards a detailed process design, a critical prerequisite for the construction and commissioning of the San Juan processing plant.

“Every ore body behaves differently and understanding that behaviour is essential for designing an efficient and reliable processing solution,” said Agne Ahlenius, Managing Director of Tungsten San Juan. “This work will allow us to define a process that is tailored to our specific conditions in Galicia, combining strong technical performance with a responsible approach to resource management.”

Eurobattery Minerals continues to advance the San Juan tungsten project as part of its broader strategy to contribute to Europe’s secure and responsible supply of critical raw materials, essential for the sustainability transition and for strengthening European industrial resilience. San Juan is currently under review for designation as a Strategic Project under the EU Critical Raw Materials Act (CRMA), a status that would further underline the project’s significance for European supply chain security and industrial competitiveness.

About SLR
SLR Consulting Ltd is an international consultancy providing environmental, engineering, and technical advisory services to the mining and minerals industry. With a global presence and multidisciplinary expertise, SLR supports projects across the full mining lifecycle — from early-stage studies to development and optimisation.

In the United Kingdom, including in Cornwall, SLR combines technical expertise with a long-standing mining tradition, offering capabilities in mineral processing evaluation, project development, and environmental performance.

Language versions
Eurobattery Minerals AB publishes information in English, Swedish, and German for the convenience of our shareholders and stakeholders. In the event of any discrepancies or inconsistencies between the language versions, the English version shall prevail.

“The San Juan project is a strategic asset for Galicia and for Europe. Our objective is to bring this asset into production in a responsible and efficient way, generating long-term value for shareholders while delivering tangible social and economic benefits to the local community. ESG principles are a fundamental pillar of this approach, and initiatives such as the launch of this website are an important step in strengthening transparency and open dialogue with all stakeholders,” said Roberto García Martínez, CEO of Eurobattery Minerals.

The website offers a comprehensive overview of the San Juan project, including its development status, environmental and social approach, and the strategic importance of tungsten for Europe. It also includes dedicated sections on responsible mining practices, community engagement and frequently asked questions, aimed at providing clear and understandable information to a broad audience.

A key objective of the website is to strengthen communication with the local community in A Gudiña and the surrounding region. Through the platform, users can access project information, submit questions or feedback, and follow ongoing updates about project development.

“Transparency and dialogue are essential for building trust. With this new website, we want to make it easier for people to understand what we are doing, how we are doing it, and why this project matters — both locally and at a European level,” said Agne Ahlenius, Managing Director of Tungsten San Juan.

The San Juan project is a near-term tungsten mining project located in Galicia – a region with centuries of mining tradition and a historical role as one of Europe’s principal sources of wolfram. The project aims to revive and modernise this legacy, contributing to Europe’s supply of critical raw materials while creating local value through employment, business opportunities and collaboration with the community.

The launch of the website marks another step in Tungsten San Juan’s approach to responsible mining, combining modern industrial development with environmental protection, safety and community engagement.

The website is available in Spanish and Galician – reflecting the Company’s commitment to accessible communication with the local community in Galicia – but also in English, German and Swedish, the corporate distribution languages of the Eurobattery Minerals Group.

The new website is now available at: www.tungsten-sanjuan.com

Language versions
Eurobattery Minerals AB publishes information in English, Swedish, and German for the convenience of our shareholders and stakeholders. In the event of any discrepancies or inconsistencies between the language versions, the English version shall prevail.

The 2025 Sustainability Report outlines how responsible mining is integrated into all aspects of the Hautalampi project. Built around three pillars — environment, people, and community — the report describes environmental monitoring, biodiversity protection, water stewardship, health and safety practices, local cooperation, and governance standards. The work is aligned with the Towards Sustainable Mining (TSM) framework.

“We want to demonstrate clearly and transparently how responsible mining is implemented in practice,” says Ilari Kinnunen, Managing Director of FinnCobalt. “For us, sustainability is not a separate initiative — it is the foundation of how we develop the Hautalampi project and engage with the local community.”

Key highlights from 2025 include zero workplace accidents, comprehensive groundwater monitoring supported by a three-dimensional groundwater model, an updated Natura 2000 assessment for Lake Sysmäjärvi, aquatic ecosystem surveys in the Ruutunjoki River, and active community engagement through regular public meetings. The report also details progress on reducing the project’s future carbon footprint, including preparations for CO₂-free energy and a fully electrified mining fleet.

“The publication of this Sustainability Report marks another important step forward for the Hautalampi project,” says Roberto García Martínez, CEO of Eurobattery Minerals. “We are making steady, tangible progress — from environmental approvals and groundwater modelling to community engagement and carbon reduction planning. Each milestone brings us closer to production and reinforces our position as a credible European source of responsibly produced battery minerals. This is a project that is moving forward, and we are building it the right way.”

In parallel, FinnCobalt has fully redesigned the “Environment and Responsibility” section of its website. Previously limited to technical documentation in Finnish, the section now offers clear, bilingual content covering environmental monitoring results, occupational health and safety, community engagement activities, and the company’s participation in the TSM Finland mining responsibility system.

FinnCobalt’s sustainability program is aligned with the TSM protocol and the UN Sustainable Development Goals. Throughout 2026, the company will continue to refine its action plans, with priorities including CO₂ emissions reduction, water management, biodiversity protection, and strengthened community dialogue.

The FinnCobalt Sustainability Report 2025 can be read here: https://www.finncobalt.com/wp-content/uploads/2026/03/FinnCobalt-ESG-REPORT-2025.pdf

Language versions
Eurobattery Minerals AB publishes information in English, Swedish, and German for the convenience of our shareholders and stakeholders. In the event of any discrepancies or inconsistencies between the language versions, the English version shall prevail.

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/

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.

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.

Preliminary timetable for the Rights Issue

Subscription with preferential rights
The shareholders who, on the record date of August 21, 2025, were registered in the share register maintained by Euroclear Sweden AB (“Euroclear”) on behalf of the Company, directly registered shareholders, receive a pre-printed issue report with attached payment advice from Euroclear. In the event that a different number of unit rights than those stated in the preprinted issue report are used for subscription, the special application form, which is available on the Company’s website eurobatteryminerals.com, shall be used as a basis for subscription through cash payment.

Shareholders whose holdings of shares in the Company were nominee-registered with a bank or other nominee on the record date do not receive an issue report or a special application form from Euroclear. Subscription and payment must then instead take place in accordance with instructions from the respective trustee.

Subscription without preferential rights
Notification of subscription without preferential rights by a nominee is made in accordance with instructions from the respective nominee. For subscription through an endowment insurance or an investment savings account, please contact your nominee. Application for subscription without preferential rights in other respects is done by electronic subscription with Bank-ID on Mangold’s website, emission.mangold.se.

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.

During the presentation, Roberto García Martínez, CEO of Eurobattery Minerals, provided an introduction to the Company and a project update, described the market dynamics for strategic raw materials, and answered questions from the public.

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
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The material with the wolfram ore will be shipped to a test facility in Madrid and will now undergo a series of testwork including classification, crushing, and grinding, followed by a battery of further metallurgical tests, among them shaking table tests, over a four-week period.

”Things are advancing fast at our wolfram project in Galicia,” said Roberto García Martínez, CEO of Eurobattery Minerals. He continued: “The collaboration with AMP ensures that we will have access to state-of-the-art processing solutions tailored to our specific ore and operational conditions.”

The test results will form the basis for AMP’s design of a customised, turnkey pilot processing plant for the San Juan project. AMP is expected to deliver its pilot plant proposal in Q4-2025, with a final investment decision anticipated in before the end of the year. The turnkey delivery of the pilot plant is scheduled for Q3-2026.

“Sending this material for final testing is not just a technical step — it is part of our broader commitment to responsible project development. Working with AMP allows us to design a pilot plant that is not only efficient but also tailored to minimise environmental impact, in line with our vision for a modern, responsible mining operation in Galicia,” said Agne Ahlenius, Managing Director of Tungsten San Juan.

About Advanced Mineral Processing (AMP)
Advanced Mineral Processing S.L. (AMP) is a Spanish engineering company specialising in process engineering, plant design, and system development for the treatment of mineral ores, industrial minerals, aggregates, and raw materials for various sectors, including metallic mining and recycling. AMP is internationally recognised for its efficient and innovative engineering solutions, with decades of experience in projects across the globe.