[PPT] - The Worlds Best -Located Lithium Project Cathodes 2017 Conference PowerPoint Presentation

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The World’s Best-Located Lithium Project

Cathodes 2017 Conference Newport Beach, California – October 2017

ASX:PLL | ABN 50 002 664 495 | www.piedmontlithium.com

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Company Overview

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Piedmont Lithium Limited (ASX:PLL)

Ordinary Shares 454.0 million Management & Advisor Options

(Exercise 5c-25c, Expiry Dec 2019-Jul 2022)

80.4 million Share Price

(@ October 4, 2017)

20.0 cents Market Capitalization

(@ October 4, 2017)

A$90.8 million Cash

(@ June 30, 2017)

A$4.6 million

Key Shareholdings

Directors & Management ~20%

Piedmont Lithium Limited

Australian ASX-Listed Company

Piedmont Lithium, Inc.

North Carolina Corporation

Piedmont Lithium Project

30 miles from Charlotte North Carolina, USA 100% 100%

Corporate Structure

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Keith D. Phillips – President & CEO

Highly respected New York mining investment banker with a +30 year career on Wall Street during which he worked on strategic and financing transactions representing over $100 billion in aggregate value. Previously Senior Advisor with merchant banker Maxit Capital, after leading the mining investment banking teams for Merrill Lynch, Bear Stearns, JPMorgan and Dahlman Rose.

Anastasios Arima – Founder & Executive Director

Resource company executive with experience in the development and funding of resource

companies. Founder & former Executive Director of Paringa Resources Ltd and Coalspur Mines Ltd.

Instrumental in developing Coalspur from a A$3 million to A$1 billion market capitalisation prior to his departure.

Lamont Leatherman – Chief Geologist

Exploration geologist with +25 years of experience. Former project geologist for BHP Minerals and

Noranda. Extensive experience in numerous styles of mineralisation including lithium bearing

pegmatite systems.

BOARD OF DIRECTORS Ian Middlemas

Chairman

Keith Phillips

Managing Director

Anastasios Arima

Executive Director

Robert Behets

Non-Executive Director

Levi Mochkin

Non-Executive Director

Mark Pearce

Non-Executive Director

ASX: BKY, Mkt Cap: A$200 million ASX: PNL, Mkt Cap: A$120 million Exit (2011) ~A$1.0 billion Exit (2015) ~A$700 million

Board Success – Driving Shareholder Value through Project Development

Experienced Board and Management

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Dr. Vijay Mehta – Lithium Product & Processing Advisor

Lithium industry veteran with 45+ years of experience in mineral and brine based processing

technology. Previously Product and Process Technology Development Leader of FMC Corporation

(NYSE: FMC) and involved in the processing of the spodumene pegmatites from FMC’s operations in North Carolina.

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North Carolina is Mining-Friendly

Ranked 2nd of 50 US states for business; ‘right to work’ state
9-month state permitting process; no state mining royalties

Past Producing Region

World’s primary source for lithium from 1950s – 1990s
Sony commercialized the LI-ion battery using local ore

Proximity to Downstream Processing

<10 miles to the only two large lithium processing facilities in the US

Outstanding Infrastructure

Advanced transportation network and low-cost power

High-Grade Drill Results

4 kilometers of strike length confirmed
12,000 meter Phase 2 drilling campaign nearing completion

Low capital and operating costs

Skilled local labor – no need to transport/house workers
Nearby industrial consumers for by-product quartz and feldspar

Strategic Value

Only US spodumene project
Only upstream project within 1,000 miles of ALB and FMC facilities

Positioned for US Markets

US asset, US management and (soon) a US listing

The World’s Best-Located Lithium Project

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1st Qtr 2017 Secured Core Land Position

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2nd Qtr 2017 Completion of Phase 1 Drilling Campaign

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2nd Qtr 2017 Commencement of Phase 2 Drilling Campaign

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3rd Qtr 2017 Appointment of CEO and Key Strategic Advisors

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3rd Qtr 2017 Acquire Additional Land Options to Expand Footprint

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4th Qtr 2017 Completion of Phase 2 Drilling Campaign & Release of Assays

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4th Qtr 2017 Appointment of Key Geology, Engineering and Permitting Consultants

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4th Qtr 2017 Commence trading on NASDAQ International Designation

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4th Qtr 2017 Exploration Target

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4th Qtr 2017 Commencement of Preliminary Economic Assessment

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1st Qtr 2018 Achieve full North American share listing

Important Milestones

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Lithium Battery Revolution

Market Factors Driving Lithium Battery Demand

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Lithium Demand is Increasing Rapidly

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Source: UBS Research

Lithium is the new gasoline.” Goldman Sachs

Consensus sees lithium demand tripling by 2025 due to growth in EVs

2016 Demand by End-Market Forecast Demand by End-Market

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Electric Vehicle Revolution is Accelerating

Recent company announcements

GM – at least 20 new EVs by 2023
Mercedes – will electrify entire lineup by 2022,

adding up to 50 new electric models

VW – investing $84bb to bring 300 new EV models

to market by 2030

Dyson – investing £2.2bb to develop EV by 2020
Volvo – all new models will be EVs from 2019
Ford – launching ‘Team Edison’ to drive EV strategy

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Recent country announcements

China – 100% EV – date pending
France – 100% EV by 2040
UK – 100% EV by 2040
Scotland – 100% EV by 2032
Norway – 100% EV by 2025
Netherlands – 100% EV by 2025
India – 100% EVs by 2030
Germany – 100% EV by 2030

“GM believes the future is all-electric.” Mark Reuss – Chief of Product Development “…2021 battery costs will reach $100/kWh, bringing EVs to cost parity.”

Tesla CFO Deepak Ahuja

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Technology Disruption Occurring More Rapidly

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Source: Tony Seba

“We are on the cusp of one of the fastest, deepest, most consequential disruptions of transportation in history.” Tony Seba “…what happened to Kodak when digital cameras appeared. The end was swift and brutal.” Sydney Morning Herald

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Lithium is the Commodity most-Impacted by Growth in EVs…

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2898% 1928% 655% 524% 105% 22% 14% 13% 0%

1%
53%
500%

0% 500% 1000% 1500% 2000% 2500% 3000% Lithium Cobalt Rare earths Graphite Nickel Copper Manganese Aluminum Silicon Steel PGM Source: UBS Securities

Lithium supply must increase 30x in a 100% EV world

% Lift in Battery Material Demand from 100% EV Penetration

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…but it’s not just about EVs

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EasyJet promises electric planes ready for take-off by 2027 Boeing-Backed Startup Sees Hybrid-Electric Flights in Five Years

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Piedmont Lithium Project

Back to the Future for the World’s First Lithium Producing Region

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Location, Location, Location

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Based in the famous Carolina Tin- Spodumene belt Home to the only two historic US spodumene mines and the only two significant US lithium processing facilities Charlotte is the 2nd fastest growing city in the US and home for many important American companies

Back to the Future in the Cradle of the Lithium Industry

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North Carolina – The Cradle of the Lithium Industry

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Power & Gas Transportation Skilled Workforce/Population

~11.5 GW of large scale, low cost

power, within 50km from the project

Major transmission lines run

immediately south of the project

The Transcontinental Gas Pipeline, one
f the largest in the US, runs through

Bessemer City

Interstate 85 (I-85) runs directly south of

the project providing connection to the major highways of the US

CSX and NS Railways are proximal to the

project

Charlotte/Douglas Airport, one of the

largest hubs in the USA, is ~30km from the project

2.4 million people located within the

Charlotte Metropolitan area

The region is home to multiple universities

providing for a highly skilled pool of talent

Charlotte ranks as a top workplace

destination given the cities affordability and location within the US

Outstanding Infrastructure

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McGuire Nuclear Power Station (2.3 GW) I-85 Interstate Highway Transcontinental Natural Gas Pipeline Charlotte/Douglas Int. Airport

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4+ Kilometres of High Grade Lithium Strike Delineated

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High-grade mineralization in 90% of drill holes 4 high grade Li corridors identified

Property consists of 530 contiguous acres
Historic drilling (2009/2010) consisted of 19 holes

totaling ~1,200 m

Phase 1 drilling program consisted of 12 holes

totaling ~1,500 m of drilling and identified 4 corridors or groups of pegmatite swarms within the property

4+ kilometers strike length

Pegmatite dikes generally strike northeast with a

moderate southeast dip and range in thickness between 5-25 m

Phase 2 drilling extended a further 3,000 m from the

initial 9,400 m campaign

Exploration Target anticipated by year-end

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Promising High Grade Drill Results

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28.9m @ 0.94% Li2O from 35m including 6.0m @ 1.72% Li2O from 55m (hole 17-BD-21) 11.3m @ 1.10% Li2O from 62m including 4.3m @ 1.55% Li2O from 67m (hole 17-BD-22) 22.9m @ 1.02% Li2O from 38m including 5.0m @ 1.90% Li2O from 41m (hole 17-BD-23) 17.8m @ 1.04% Li2O from 107m and 2.8m @ 1.35% Li2O from 94m (Hole 17-BD-50) 10.5m @ 1.06% Li2O from 56m and 5.5m @ 1.39% Li2O from 69m (Hole 17-BD-53) 5.0m @ 1.44% Li2O from 30m and 3.0m @ 1.26% Li2O from 126m (hole 17-BD-29) 16.2m @ 1.72% Li2O from 109m (Hole 17-BD-62)

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Current Drilling Campaign only Scratching the Surface

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Typically testing the pegmatites at less then 100 m vertical depth

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Phase 2 Drilling Nearing Completion

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Phase 2 drilling originally completed in September 2017 but extended for a further 3,000 m

Final assays expected to be released over the remainder of the 4th Quarter 2017

All pegmatites remain open along strike and down dip

Extension drilling testing the down dip extension of some of the most promising areas

Testing of the pegmatites underway

Lab analysis of the core holes are currently underway at the SGS Lakefield laboratory NC State’s Mineral Research Laboratory is performing spodumene concentrate testing under the guidance of Vijay Mehta

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Illustrative Project Timeline

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2017 2018 2019 2020 Project Activities

Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4

Land Acquisition Exploration & Infill Drilling Exploration Target Maiden Resource Scoping Study Permitting Marketing & Offtake Build Operating Team Definitive Feasibility Study Construction Production & Cash Flow

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1,290 1,200 747 554 468 348 279 244 90

(100) 100 300 500 700 900 1,10 1,30

Galaxy Resources Pilbara Minerals Lithium Americas Nemaska Lithium Altura Mining Kidman Resources Global Geosciences Critical Elements Piedmont Lithium

Significant Valuation Upside

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Market Cap A$mm Key milestones for re-rating

US listing
Phase 2 assay results
JORC resource
Metallurgical testing
PEA and DFS
Operating permits

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Cautionary Statements and Important Information This presentation does not constitute or form part of any offer to sell, or solicitation of any offer to buy, any securities in the United States or any other

country. This presentation may not form the basis of any contract or commitment whatsoever with any person. Distribution of this presentation may

be restricted by applicable law. In particular, only persons in the United States who are “qualified institutional buyers” (as defined in Rule 144A under the US Securities Act of 1933) may receive this presentation. This presentation has been prepared by Piedmont Lithium Limited (“Piedmont”) as a summary only, and does not contain all information about Piedmont’s assets and liabilities, financial position and performance, profits and losses, prospects, and the rights and liabilities attaching to Piedmont’s securities. Any investment in Piedmont should be considered speculative and there is no guarantee that they will make a return on capital invested, that dividends would be paid, or that there will be an increase in the value of the investment in the future. Piedmont does not purport to give financial or investment advice. No account has been taken of the objectives, financial situation or needs of any recipient of this presentation. Recipients of this presentation should carefully consider whether the securities issued by Piedmont are an appropriate investment for them in light of their personal circumstances, including their financial and taxation position. Forward Looking Statements Some of the statements contained in this presentation are forward looking statements. Forward looking statements include but are not limited to, statements concerning plans for its mineral projects, exploration and development activities, development plans and timing, development and

perating costs, and other statements which are not historical facts. When used in this presentation, and in other published information of Piedmont,

the words such as “aim”, “could”, “estimate”, “expect”, “intend”, “may”, “potential”, “should” and similar expressions are forward-looking statements. Although Piedmont believes that its expectations reflected in the forward-looking statements are reasonable, such statements involve risk and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. Various factors could cause actual results to differ from these forward looking statements include the potential that Piedmont’s projects may experience technical, geological, metallurgical and mechanical problems, changes in mineral product prices and other risks not anticipated by Piedmont. Competent Persons Statements The information in this presentation that relates to Exploration Results, is extracted from Piedmont’s ASX announcements dated 27 September 2017 entitled ‘Four Kilometers of Mineralization Confirmed at the Piedmont Lithium Project’, 23 May 2017 entitled ‘Phase 1 Drilling Confirms Four Major High Grade Lithium Corridors at the Piedmont Lithium Project’, 3 April 2017 entitled ‘New Drilling Results Confirm Further High Grade Lithium Mineralisation at Piedmont Lithium Project’, and 18 October 2016 entitled ‘Previous Drilling Confirms High Grade Lithium Mineralisation’ which are available to view

n Piedmont’s website at www.piedmontlithium.com. The information in the original ASX announcements that related to Exploration Results was

based on, and fairly represents, information compiled by Mr Lamont Leatherman, a Competent Person who is a Registered Member of the ‘Society for Mining, Metallurgy and Exploration’, a ‘Recognised Professional Organisation’ (RPO). Mr Leatherman is a consultant to Piedmont. Mr Leatherman has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Piedmont confirms that it is not aware of any new information or data that materially affects the information included in the original ASX announcements. Piedmont confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original ASX announcements.

Disclaimer

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The world’s best-located lithium project

Piedmont Lithium Limited

September 2017

Keith D. Phillips

+1 973 809 0505 keith@piedmontlithium.com