Electra Appoints Heather Smiles as Vice President, Investor Relations & Corporate Development

Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Company”) is pleased to announce the appointment of Heather Smiles as Vice President, Investor Relations and Corporate Development.

In her role, Heather will be responsible for building and maintaining a strategic investor relations program and contributing to the advancement of our Company’s vision of becoming the leading North American refinery for electric vehicle battery materials. Heather previously served as Director, Investor Relations for Electra until 2019.

“We are excited to welcome Heather back to the team as we continue to negotiate the funding to complete construction of North America’s only battery grade cobalt refinery,” said Trent Mell, CEO. “We have reconfigured the leadership team with a focus on the bench strength required to transition the Company from developer to operator. At this crucial period of our strategic plan, Heather’s skills and history with the Company will be a strong asset to the senior leadership team. In addition to investor relations functions, Heather will play an important role in advancing discussions on strategic opportunities and partnerships.”

“Recent tightening of US EV tax credit eligibility to exclude EVs containing components from battery supply chain partners with 25% Chinese ownership further increases the need for supply chain onshoring,” Mell continued, “and Electra is uniquely positioned within North America to meet this need.”

“From inception, the focus for the Company has always been to onshore the battery supply chain,” said Heather Smiles, “and we have evolved over time from mineral exploration to battery materials refining. This is an exciting time to rejoin Electra and see the refinery brought into production. The Canadian cobalt refinery is the first of its kind in North America, unique in its ability to support the domestic EV industry.”

Heather brings with her nearly 15 years’ experience in investor relations, capital markets, strategic planning, and communications. She has previously worked with global metals and mining companies including Electra, Baffinland Iron Mines, and Golden Star Resources. She has a proven track record working with boards, executive teams and operations, analyzing business situations to develop and implement practical investor and stakeholder programs and strategies.