Allkem Scheme Meeting - Chairman's address and presentation - Seite 3

As no Superior Proposal has been received by Allkem, and Kroll continues to conclude that the Scheme is in the best interests of Allkem Shareholders, your Allkem directors unanimously recommend that Allkem shareholders vote in favour of the Scheme at today’s Scheme Meeting.

Closing of the proposed merger of Allkem and Livent remains subject to certain key conditions precedent. These conditions precedent are:

• Approval of the Scheme Resolution by Allkem Shareholders by the requisite majorities at this Scheme Meeting;
• Approval of the Transaction Agreement and the transactions contemplated by it by Livent stockholders at the Livent Stockholder Meeting (which will be held later today, New York time); and
• Approval of the Scheme by the Federal Court of Australia (subject to the other conditions being met, to be determined tomorrow).
  

Subject to satisfaction of the remaining conditions, it is expected that the transaction will be implemented on 4 January 2024 (New York time). Further information on the merger timetable can be found in the Appendix to this presentation.

[Slide 3]

Today’s Scheme Meeting is held via a hybrid format - allowing shareholders, proxyholders, representatives and guests to attend the meeting either in person or virtually. Online attendees can watch a live webcast of the meeting and have the ability to ask questions and vote online via the Computershare online virtual meeting platform.

If anyone attending the meeting online experiences any issues or requires any assistance in relation to the online platform, they should call the telephone support line on [phone].

If technical issues arise with the webcast that result in a number of members being unable to participate, and I (as Chairman) do not believe it is reasonable in the circumstances to proceed with the meeting, I will adjourn the meeting until the problem is fixed. Where the meeting is adjourned for a prolonged period, we will upload notification of the adjournment onto the ASX Announcements platform and onto the Allkem website at: www.allkem.co. We will also provide details on those platforms as to when the adjourned meeting will be reconvened.

I now call this meeting to order.

I confirm that a quorum is present and now formally declare the meeting open.

Joint Company Secretaries John Sanders and Dylan Roberts are also in attendance.

Our share registry, Computershare, is represented today by Mr Lewis Brimelow.

King & Wood Mallesons, the Company's legal adviser, is represented at the Meeting by Antonella Pacitti and Toby Newnes.