Announcement PDF ASX ANNOUNCEMENT ANDROMEDA METALS LTD (Andromeda, ASX: ADN) 31 May 2023 Andromeda Metals Limited ABN: 75 061 503 375 Corporate details: ASX Code: ADN Cash (31 March 2023): $19.6m Issued Capital: 3,110,270,932 ordinary shares 24,760,000 unlisted options 18,596,711 performance rights Directors: Company Positioning and Business Strategy Update Andromeda Metals Limited (ASX: ADN) (Andromeda, the Company) is pleased to invite investors to the following presentations, at which Andromeda’s CEO and Managing Director, Bob Katsiouleris, will provide an update on the Company’s Positioning and Business Strategy. The presentations will provide an update on company positioning and commercial strategy, as a response to the global tightening of highquality ceramic/porcelain kaolin, and progress of funding discussions to support an anticipated project investment decision being finalised. The presentations will be both in-person and via webcasts. Mick Wilkes Non-Executive Chair Investors can assess the first presentation via the following: Bob Katsiouleris CEO & Managing Director When: Friday, 9 June 2023 James Marsh Executive Director, Sales & Marketing Time: 1:00pm AEST (12:30pm ACT) In-person: Press Room, Radisson Blu Plaza, 27 O'Connell Street, Sydney Webcast: https://edge.media-server.com/mmc/p/pi4fbmx4 Melissa Holzberger Non-Executive Director Austen Perrin Non-Executive Director Sarah Clarke A subsequent presentation will be held in Melbourne on Friday 23 June. Details on how investors will be able to attend either in-person or via webcast will be sent closer to the date. Contact details: Following each presentation, investors will be invited to ask questions during a Q&A session and be invited to meet Bob in-person at a function hosted by Andromeda. Company Secretary Level 10 431 King William Street, Adelaide SA 5000 Tel: +61 8 7089 9800 ir@andromet.com.au www.andromet.com.au This ASX announcement has been approved for release by the Managing Director of Andromeda Metals Limited. For more information about the Company and its projects, please visit our website, www.andromet.com.au or contact: Manager, Investor Relations & Corporate Affairs Patrick Sinclair T: 08 7089 9819 M: 0403 708 431 E: Patrick.Sinclair@andromet.com.au ir@andromet.com.au www.andromet.com.au About Andromeda Andromeda Metals (ASX: ADN) is an ASX-listed emerging industrial minerals producer. Our vision is to lead the world in the sustainable supply of superior quality industrial minerals and advancement of nanotechnologies. We see 2023 as a transformational year for Andromeda. Following which we anticipate becoming a globally significant producer of halloysite-kaolin products. Having received all major regulatory approvals, we are progressing towards early-stage-construction of the Stage 1A Starter Plant, while also advancing funding discussions aimed at enabling a final investment decision to be made. From there, we aim to leverage the uniqueness of our Great White Project resources to grow through meeting the growing long-term demand for kaolin, expanding our range of high-margin kaolin-based products and developing many new technologies at the forefront of science, and essential to building a more sustainable future. Andromeda’s kaolin deposits are located in South Australia’s Eyre Peninsula, a Tier 1 mining jurisdiction, and contain some of the highest purity kaolin ever discovered. Kaolin has been used in ceramics production for centuries because of its unique properties as a bright white inert mineral with very fine particle size. In addition to ceramics, today, kaolin can be found in a range of everyday products, including cosmetics, paint, rubber, medicines, paper, pesticides, orthodontics, orthopedics, and plastics. Every modern home and car contains kaolin in some form. Using a novel flowsheet, we are also researching using kaolin to produce the critical mineral High-purity Alumina (HPA). Our large, high-quality deposits also contain a rare form of kaolin called halloysite, a naturally occurring nanotube. Halloysite is highly desirable in some applications where it attracts a premium price. Halloysite-kaolin can be used in emerging high-tech nanotechnologies and applications, such as carbon capture, soil remediation, water purification, hydrogen storage, medicine delivery and renewable energy.