Tianqi Lithium Corporation (09696) Issues Positive Profit Alert: Net Profit Attributable to Shareholders for the First Three Quarters Expected to Be RMB 5.1 Billion6.0 Billion, Up Approximately 2734.97% to 3235.26% Year-on-Year

Tianqi Lithium Corporation (09696) announces that the Group expects to record net profit attributable to shareholders of the Company of RMB 5.1 billion to RMB 6.0 billion for the first nine months of 2026, representing a year-on-year increase of approximately 2,734.97% to 3,235.26%; net profit after deducting non-recurring gains and losses of approximately RMB 5.03 billion to RMB 5.93 billion, representing a year-on-year increase of approximately 6,957.09% to 8,219.79%; and basic earnings per share for the period are expected to be in the range of RMB 3.00 to RMB 3.53. The Board considers that the main reasons for the change in the Group's results for the Reporting Period are as follows: The Company expects that its operating revenue for the Reporting Period will increase significantly compared with the same period last year. Driven by multiple favorable factors such as the development of the new energy industry and the growth of downstream demand, the average selling prices of the Company's principal lithium products during the Reporting Period increased significantly compared with the same period last year. As at the date of this announcement, Sociedad Qumica y Minera de Chile S.A. (SQM), an important associate of the Company, has not yet published its third quarter 2026 results report. The Company, after fully considering the reliable information available to it, has consistently adopted the approach of using information including Bloomberg's forecast of SQM's earnings per share for the third quarter of 2026 as the basis for calculating the Company's investment income from SQM for the same period. Based on the aforesaid forecast data and taking into account SQM's disclosed results for the first half of 2026, SQM's results for the first three quarters of 2026 are expected to increase significantly year-on-year. Accordingly, the investment income from this associate recognized by the Company during the Reporting Period increased significantly compared with the same period last year.