The Worlds Best -Located Lithium Project Cathodes 2017 Conference - PowerPoint PPT Presentation

The World’s Best -Located Lithium Project Cathodes 2017 Conference Newport Beach, California – October 2017 ASX:PLL | ABN 50 002 664 495 | www.piedmontlithium.com

Company Overview

Corporate Structure Piedmont Lithium Limited (ASX:PLL) Piedmont Lithium Limited Australian ASX-Listed Company Ordinary Shares 454.0 million Management & Advisor Options 80.4 million (Exercise 5c-25c, Expiry Dec 2019-Jul 2022) 100% Share Price 20.0 cents (@ October 4, 2017) Market Capitalization Piedmont Lithium, Inc. A$90.8 million (@ October 4, 2017) North Carolina Corporation Cash A$4.6 million (@ June 30, 2017) 100% Piedmont Lithium Key Shareholdings Project 30 miles from Charlotte Directors & Management ~20% North Carolina, USA 3

Experienced Board and Management Keith D. Phillips – President & CEO BOARD OF DIRECTORS Highly respected New York mining investment banker with a +30 year career on Wall Street during which he worked on strategic and financing transactions representing over $100 billion in Ian Middlemas aggregate value. Previously Senior Advisor with merchant banker Maxit Capital, after leading the mining investment banking teams for Merrill Lynch, Bear Stearns, JPMorgan and Dahlman Rose. Chairman Anastasios Arima – Founder & Executive Director Keith Phillips Resource company executive with experience in the development and funding of resource Managing Director companies. Founder & former Executive Director of Paringa Resources Ltd and Coalspur Mines Ltd. Instrumental in developing Coalspur from a A$3 million to A$1 billion market capitalisation prior to Anastasios Arima his departure. Executive Director Lamont Leatherman – Chief Geologist Robert Behets Exploration geologist with +25 years of experience. Former project geologist for BHP Minerals and Non-Executive Director Noranda. Extensive experience in numerous styles of mineralisation including lithium bearing pegmatite systems. Levi Mochkin Dr. Vijay Mehta – Lithium Product & Processing Advisor Non-Executive Director Lithium industry veteran with 45+ years of experience in mineral and brine based processing Mark Pearce technology. Previously Product and Process Technology Development Leader of FMC Corporation (NYSE: FMC) and involved in the processing of the spodumene pegmatites from FMC’s operations Non-Executive Director in North Carolina. Board Success – Driving Shareholder Value through Project Development ASX: BKY, Mkt Cap: A$200 million Exit (2011) ~A$1.0 billion Exit (2015) ~A$700 million ASX: PNL, Mkt Cap: A$120 million 4

The World’s Best -Located Lithium Project  Ranked 2 nd of 50 US states for business; ‘right to work’ state North Carolina is Mining-Friendly  9-month state permitting process; no state mining royalties  World’s primary source for lithium from 1950s – 1990s Past Producing Region  Sony commercialized the LI-ion battery using local ore Proximity to Downstream Processing  <10 miles to the only two large lithium processing facilities in the US Outstanding Infrastructure  Advanced transportation network and low-cost power  4 kilometers of strike length confirmed High-Grade Drill Results  12,000 meter Phase 2 drilling campaign nearing completion  Skilled local labor – no need to transport/house workers Low capital and operating costs  Nearby industrial consumers for by-product quartz and feldspar  Only US spodumene project Strategic Value  Only upstream project within 1,000 miles of ALB and FMC facilities Positioned for US Markets  US asset, US management and (soon) a US listing 5

Important Milestones  1 st Qtr 2017 Secured Core Land Position  2 nd Qtr 2017 Completion of Phase 1 Drilling Campaign  2 nd Qtr 2017 Commencement of Phase 2 Drilling Campaign  3 rd Qtr 2017 Appointment of CEO and Key Strategic Advisors  3 rd Qtr 2017 Acquire Additional Land Options to Expand Footprint  4 th Qtr 2017 Completion of Phase 2 Drilling Campaign & Release of Assays  4 th Qtr 2017 Appointment of Key Geology, Engineering and Permitting Consultants  4 th Qtr 2017 Commence trading on NASDAQ International Designation  4 th Qtr 2017 Exploration Target  4 th Qtr 2017 Commencement of Preliminary Economic Assessment  1 st Qtr 2018 Achieve full North American share listing 6

Lithium Battery Revolution Market Factors Driving Lithium Battery Demand

Lithium Demand is Increasing Rapidly Consensus sees lithium demand tripling by 2025 due to growth in EVs 2016 Demand by End-Market Lithium is the new gasoline.” Goldman Sachs Forecast Demand by End-Market Source: UBS Research 8

Electric Vehicle Revolution is Accelerating “GM believes the future is all - electric.” Mark Reuss – Chief of Product Development Recent company announcements Recent country announcements  GM – at least 20 new EVs by 2023  China – 100% EV – date pending  Mercedes – will electrify entire lineup by 2022,  France – 100% EV by 2040 adding up to 50 new electric models  UK – 100% EV by 2040  VW – investing $84bb to bring 300 new EV models  Scotland – 100% EV by 2032 to market by 2030  Norway – 100% EV by 2025  Dyson – investing £2.2bb to develop EV by 2020  Netherlands – 100% EV by 2025  Volvo – all new models will be EVs from 2019  India – 100% EVs by 2030  Ford – launching ‘Team Edison’ to drive EV strategy  Germany – 100% EV by 2030 “…2021 battery costs will reach $100/kWh, bringing EVs to cost parity.” Tesla CFO Deepak Ahuja 9

Technology Disruption Occurring More Rapidly “We are on the cusp of one of the fastest, deepest, most consequential disruptions of transportation in history.” Tony Seba “…what happened to Kodak when digital cameras appeared. The end was swift and brutal.” Sydney Morning Herald Source: Tony Seba 10

Lithium is the Commodity most- Impacted by Growth in EVs… Lithium supply must increase 30x in a 100% EV world % Lift in Battery Material Demand from 100% EV Penetration Lithium 2898% Cobalt 1928% Rare earths 655% Graphite 524% Nickel 105% Copper 22% Manganese 14% Aluminum 13% Silicon 0% Steel -1% PGM -53% -500% 0% 500% 1000% 1500% 2000% 2500% 3000% Source: UBS Securities 11

…but it’s not just about EVs EasyJet promises electric planes ready for take-off by 2027 Boeing-Backed Startup Sees Hybrid-Electric Flights in Five Years 12

Piedmont Lithium Project Back to the Future for the World’s First Lithium Producing Region

Location, Location, Location Back to the Future in the Cradle of the Lithium Industry Based in the famous Carolina Tin- Spodumene belt Home to the only two historic US spodumene mines and the only two significant US lithium processing facilities Charlotte is the 2 nd fastest growing city in the US and home for many important American companies 14

North Carolina – The Cradle of the Lithium Industry 15

Outstanding Infrastructure Power & Gas Transportation Skilled Workforce/Population McGuire Nuclear Power Station (2.3 GW) I-85 Interstate Highway Transcontinental Natural Gas Pipeline Charlotte/Douglas Int. Airport ~11.5 GW of large scale, low cost Interstate 85 (I-85) runs directly south of 2.4 million people located within the    power, within 50km from the project the project providing connection to the Charlotte Metropolitan area major highways of the US Major transmission lines run The region is home to multiple universities   immediately south of the project CSX and NS Railways are proximal to the providing for a highly skilled pool of talent  project The Transcontinental Gas Pipeline, one Charlotte ranks as a top workplace   of the largest in the US, runs through Charlotte/Douglas Airport, one of the destination given the cities affordability  Bessemer City largest hubs in the USA, is ~30km from the and location within the US project 16

4+ Kilometres of High Grade Lithium Strike Delineated High-grade mineralization in 90% of drill holes 4 high grade Li corridors identified  Property consists of 530 contiguous acres  Historic drilling (2009/2010) consisted of 19 holes totaling ~1,200 m  Phase 1 drilling program consisted of 12 holes totaling ~1,500 m of drilling and identified 4 corridors or groups of pegmatite swarms within the property 4+ kilometers strike length  Pegmatite dikes generally strike northeast with a moderate southeast dip and range in thickness between 5-25 m  Phase 2 drilling extended a further 3,000 m from the initial 9,400 m campaign  Exploration Target anticipated by year-end 17

Promising High Grade Drill Results 28.9m @ 0.94% Li 2 O from 35m including 6.0m @ 1.72% Li 2 O from 55m (hole 17-BD-21) 11.3m @ 1.10% Li 2 O from 62m including 4.3m @ 1.55% Li 2 O from 67m (hole 17-BD-22) 22.9m @ 1.02% Li 2 O from 38m including 5.0m @ 1.90% Li 2 O from 41m (hole 17-BD-23) 17.8m @ 1.04% Li 2 O from 107m and 2.8m @ 1.35% Li 2 O from 94m (Hole 17-BD-50) 10.5m @ 1.06% Li 2 O from 56m and 5.5m @ 1.39% Li 2 O from 69m (Hole 17-BD-53) 5.0m @ 1.44% Li 2 O from 30m and 3.0m @ 1.26% Li 2 O from 126m (hole 17-BD-29) 16.2m @ 1.72% Li 2 O from 109m (Hole 17-BD-62) 18

Current Drilling Campaign only Scratching the Surface Typically testing the pegmatites at less then 100 m vertical depth 19