Green Bond Issuance Update

3 February 2025, Redivium Limited (ASX:RIL, FSE:HR90) (Redivium or the Company) is pleased to announce the successful completion of all formalities to begin listing of the Company’s EUR 25 million (AUD ~40.76 million equivalent)[1] in green debenture bonds by its wholly-owned Irish subsidiary, Redivium Europe Limited (Green Bond). This development marks a significant milestone in the Company’s strategic expansion and commitment to sustainable battery recycling initiatives in Europe.

KEY HIGHLIGHTS OF THE ISSUANCE

1. Amount to be raised: EUR 25 million.
2. Proposed Application of Funds: The proceeds will be utilised to:
   •     Accelerate the development of Redivium’s UK battery recycling facility to deliver ESG-compliant urban mining solutions in Europe.
   •     Progress the European project pipeline targeting new battery recycling initiatives across key markets, initially covering United Kingdom, Czech Republic and Romania.
   •     Enhance operational capacity: Ensuring shorter implementation lead times and increased efficiency for future recycling activities aligned with the circular economy.
3. Key Terms:
   •   ISIN: CH1213604296
   •   Issue Date: 28 February 2025
   •   Maturity: 8 years (2033)
   •   Coupon Rate: 10% per annum, payable semi-annually (first coupon date 28 February 2026)
   •   Issue Price: 100% of face value
   •   Minimum Subscription: EUR 50,000
   •   Minimum Listing Cover: EUR 1,000,000
   •   Guarantee/Collateral: Secured by a pledge of shares in Redivium Europe Limited.
   •   Refer to Appendix A for the Green Bond Product Sheet.
4. Listing and Exchange: The green bonds are listed on the Vienna Stock Exchange with an intended secondary listing on the Frankfurt Stock Exchange.

STRATEGIC RATIONALE

This issuance reflects Redivium’s commitment to driving the energy transition through sustainable recycling solutions. Its UK plant, central to this strategy, will help to address the UK’s and Europe’s growing demand for recycled battery materials, supporting regulatory frameworks and green investment objectives.

DISTRIBUTION

Redivium’s lead placing agent is Germany’s 624 InvestServices AG.

The Company also holds a non-binding Letter of Intent[2] with its materials product offtaker WMC Energy BV[3] for possible subscription of up to €2 million (AUD ~3.2 million equivalent) in the bonds.

Michael O’Leary-Collins, executive director of Redivium, commented:

“We are delighted with support for our inaugural green bond issuance from our various partners. A successful listing of this instrument will aid the Company to take meaningful steps together with its project partners aimed at establishing Redivium as a leading battery materials producer in Europe’s battery recycling market while demonstrating our commitment to sustainable development and innovation in urban mining.”

The Company will continue to provide updates on project milestones and green bond listing status as part of its ongoing market disclosure obligations. This ASX announcement has been authorised for release by Mr Michael O’Leary-Collins, Executive Director

For further information, please contact:

Mindy Ku

Company Secretary

Redivium Ltd

Email: [email protected]

IMPORTANT NOTICE

This announcement contains forward-looking statements that are based on an assessment of present economic and operating conditions, and on a number of assumptions regarding future events and actions that, as at the date of this announcement, are expected to take place.

Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, the directors and the Company’s management.

The Company cannot and does not give any assurance that the results, performance or achievements expressed or implied by the forward-looking statements contained in this announcement will actually occur and investors are cautioned not to place undue reliance on these forward-looking statements.

About Redivium Limited (www.redivium.com)

Redivium aims to provide advanced battery recycling technology across Europe, covering multiple battery chemistries.

The Company also has commercialisation rights to technology developed by Neometals and licensed from ACN 630 589 507 Pty Ltd for the UK and Ireland, Scandinavia, and Italy and South East Europe. This particular technology is co-owned by Neometals Ltd (ASX AIM: NMT) and German engineering firm SMS Group GmbH.

The Company’s existing and developing recycling processes are aimed to safely eliminate lithium- ion battery waste and recover valuable materials including lithium, nickel, copper and anode components for reuse in new battery cell production. With strong EU energy transition regulation supported with EU funding to deliver scalable recycling innovation to underpin the automotive industry's electrification and energy storage, Redivium aims to become a leading European battery recycler and materials producer.

Link to the full-length original news: https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02909004-6A1249795

[1] 1 AUD = 0.60 EUR at the prevailing rate of exchange

[2] The Letter of Intent is mutually non-binding and is subject to project related due diligence conditions and deliverables required of the Company with no commitment to subscribe. The document is a statement of intentions and is one of a number of possible sources of subscriptions in which the Company is engaged.

[3] Refer to ASX announcement dated 20 January 2025 titled “Binding Term Sheet for Offtake”.