SIGMA LITHIUM APPOINTS CIO FROM PROMINENT SAUDI ARABIAN INDUSTRIAL CONGLOMERATE AS NEW INDEPENDENT BOARD MEMBER; TO RELEASE FY2024 RESULTS ON MARCH 31, 2025

Company Overview - Sigma Lithium Corporation is a leading global lithium producer focused on providing sustainable lithium concentrate for electric vehicles [8][9] - The company operates the world's fifth largest industrial-mineral complex for lithium oxide materials, producing Quintuple Zero Green Lithium, which emphasizes environmental and social sustainability [9] Leadership Changes - Junaid Jafar has been appointed as a new independent member of the Board of Directors, effective immediately [1] - Mr. Jafar is the Chief Investment Officer at Al Muhaidib Investment Office and brings nearly 30 years of investment management experience [4][5] - He replaces Bechara Azar, who stepped down for personal reasons, and the company expressed gratitude for Mr. Azar's contributions during his tenure [5] Strategic Initiatives - The company is in a transformational phase, aiming to become a major integrated industrial-mineral lithium oxide producer [5] - Sigma Lithium is constructing a second Greentech Industrial Plant to double its production capacity from 270,000 tonnes to 520,000 tonnes of lithium oxide by the fourth quarter of 2025 [5][10] - The company is also planning a third Greentech industrial production line to further enhance its production capabilities [5] Financial Performance - Sigma Lithium will release its audited financial results for the full year ended December 31, 2024, on March 31, 2025, and will host a conference call to discuss these results [6][7]