Dr. Thomas Benson reports

LITHIUM AFRICA RECEIVES SECTION 11 CONSENT FOR MAJORITY OWNERSHIP OF THE SPRINGBOK PROJECT AND FILES NI 43-101 TECHNICAL REPORT

Lithium Africa Corp. has received Section 11 consent from the South African Department of Mineral and Petroleum Resources in respect of the Springbok project in the Northern Cape, South Africa, and has filed a new technical report prepared in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

Highlights

• Section 11 consent received on July 27, 2026, enabling the company to formally complete its acquisition of a 70-per-cent majority shareholding in Namli Exploration and Mining Pty. Ltd., the holder of the Springbok mineral rights. Legal formalities for completion of the share transfer are under way.
• Technical report filed on SEDAR+ on July 29, 2026, consolidating historical and company exploration programs into a single current NI 43-101 disclosure document in support of the company's continuing 3,500-metre drill program.

"Obtaining section 11 consent removes the last regulatory hurdle standing between us, the majority ownership of Springbok," said Thomas R. Benson, PhD, chief executive officer and director of Lithium Africa. "With the consent in hand and drilling under way, our focus now moves entirely to building the geological understanding that supports an initial mineral resource estimate at Norrabees and the formation of an advancement strategy for the entire Springbok project."

The technical report was prepared by George van der Walt, PrSciNat, FGSSA of The MSA Group Pty. Ltd., a qualified person as defined under NI 43-101 who is an independent consultant of the company. It is available on SEDAR+ under Lithium Africa's issuer profile and on the company's website.

The company wishes to advise its shareholders that there was an error in its management information circular, relating to the annual general meeting of shareholders of the company being held Aug. 21, 2026, which was filed on SEDAR+ on July 21, 2026, and mailed to the shareholders. The circular incorrectly stated Blake Hylands's securityholding. Mr. Hylands's securityholding is set out in the notice of correction accessible on the company's website and under the company's profile on SEDAR+. No other changes have been made to the circular.

About Lithium Africa Corp.

Lithium Africa is a capital-efficient lithium exploration and consolidation company assembling a portfolio of hard-rock lithium assets across Africa. Through its 50/50 joint venture with GFL International Co. Ltd., a subsidiary of Ganfeng Lithium Group Co. Ltd., the company holds an indirect 50-per-cent interest in lithium exploration projects in Ivory Coast, Guinea, Zimbabwe and Mali. In addition, the company is acquiring a majority interest in the Springbok project in South Africa, which is held outside the joint venture.

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