Announcement PDF 1 ABN: 80 146 287 809 Interim Consolidated Financial Statements for the half year ended 31 December 2025 2 Contents This Interim Report covers Core Lithium Ltd ("Core", the "Parent" or the "Company") and its subsidiaries, collectively referred to as "the Group". The financial report is presented in Australian dollars. Core’s registered office and principal place of business is: Core Lithium Ltd Level 4, 186 St Georges Terrace, Perth 6000 Western Australia Directors’ Report 3 Auditor’s Independence Declaration 10 Financial Report 11 Consolidated Statement of Profit or Loss and Other Comprehensive Income 11 Consolidated Statement of Financial Position 12 Consolidated Statement of Changes in Equity 13 Consolidated Statement of Cash Flows 14 Notes to the Consolidated Financial Statements 15 Directors’ Declaration 27 Independent Auditor’s Review Report 28 Corporate Information 30 3 Directors’ Report Your Directors present their report together with the financial statements of the consolidated entity being Core Lithium Ltd (“Core” or “the Company”) and its controlled entities (“the Group”) for the half year ended 31 December 2025 (“Half Year”). Directors The Directors of the Group who held office during the Half Year and up to the date of this report are stated below. Directors were in office for this entire period unless otherwise stated. Greg English Non-Executive Chair Heath Hellewell Non-Executive Director Malcolm McComas Non-Executive Director Alicia Sherwood Non-Executive Director Jarek Kopias Company Secretary Review of operations and financial results for the period Core is the 100% owner of the Finniss Lithium Operation (“Finniss” or the “Project”), an established low-cost, long- life restart opportunity located 88km by road from the Port of Darwin in the Northern Territory. Finniss is a multi- mine, hard-rock lithium operation with a modern processing plant and existing infrastructure, 100% Core-owned. Finniss Operations During the half-year ended 31 December 2025, Core made significant progress across both operational and corporate workstreams to advance the planned restart of lithium operations at the Finniss Project. Following the release of the Finniss Restart Study (“Restart Study”) on 14 May 20251, the Group has continued to de-risk and optimise the Finniss Restart Plan, underpinned by a substantial body of technical, design and engineering work that has further strengthened Finniss’ pathway back to production. Updated Carlton Ore Reserve and Exploration Target An updated Ore Reserve Estimate (“ORE”) was declared at Carlton in September 2025, along with an Exploration Target of between 1.2 and 1.8Mt at a grade of 1.2 and 1.4% Li2O below the existing Carlton Mineral Resource (ML31726)2. The new Exploration Target is in addition to the Mineral Resource Estimate of 48.5Mt @ 1.26% Li2O already defined by Core at Finniss, and the combined BP33 and Blackbeard Exploration Target3 of 10.9Mt – 16.5Mt at a grade of between 1.5% and 1.7% Li2O. Cautionary statement: the potential quantity and grade of the Exploration Targets is conceptual in nature. There has been insufficient exploration to estimate a Mineral Resource, and it is uncertain if further exploration will result in the estimation of a Mineral Resource. 1 Refer to ASX announcement “Restart Study Repositions Finniss Operations” on 14 May 2025. 2 Refer to ASX announcement “Updated Ore Reserve at Carlton” on 10 September 2025. 3 Refer to ASX announcement “Updated Finniss Lithium Project Reserve and Resource” on 14 May 2025 The Mineral Resource Estimate (MRE) is comprised of 6.33Mt @ 1.41% Li2O Measured MRE, 21.9Mt @ 1.29% Li2O Indicated MRE and 20.3Mt @ 1.18% Li2O Inferred MRE. 4 Table 1 Exploration Targets – Regional Exploration Target Tonnage (Mt) Li2O (%) Low High Low High Blackbeard 7.0 10.0 1.5 1.7 BP33 3.9 6.5 1.5 1.6 Carlton 1.2 1.8 1.2 1.4 Updated Grants Mine Plan and Ore Reserve Based on the outcomes of an updated geotechnical assessment for the Grants deposit, Core identified a significant opportunity to bring forward revenue and reduce Grants pre-production capital costs. This resulted in the delivery of an updated Mine Plan and Ore Reserve for Grants in November 2025. Under a revised mine plan, Grants will now be initially mined as an open pit and will transition later to an underground mine. This will reduce the re-establishment costs for Grants and bring first ore and revenue forward. Pre-production capital for Grants is expected to be reduced by $35 - $45 million from the Restart Study estimate. Underground mining recovery is also maximised by a change to the underground mining method to include waste backfilling that can be sourced from underground development in Grants and Carlton link. The updated Ore Reserve Estimate for Grants has been completed based on this revised plan, delivering a 33% increase in overall tonnage and an increase in contained metal of 44%. The declaration of an upgraded Ore Reserve at Grants leverages the substantial body of study work that has been conducted. The overall Finniss Project ORE now sits at 15.6Mt @ 1.27% Li2O (refer Table 2 below). Table 2 Finniss Ore Reserve Estimate, including contained metal Deposit Category Ore Tonnes (Mt) Li2O (%) Contained Li2O kt BP33 Underground Proved 2.6 1.27 32 Probable 6.7 1.32 89 Total 9.3 1.31 121 Grants Open Pit and Underground Proved 1.18 1.43 17 Probable 0.35 1.41 5 Total 1.53 1.42 22 Carlton Underground Proved 1.7 1.19 20 Probable 2.8 1.19 34 Total 4.5 1.19 53 TSF/Stockpiles Probable 0.3 0.68 2 Total 0.3 0.68 2 Total Proved 5.4 1.28 69 Probable 10.2 1.27 129 Total 15.6 1.27 198 1. Effective date of the Grants Ore Reserves is 30 October 2025 2. Effective date of the Carlton Ore Reserves is 5 September 2025 (“Updated Ore Reserve at Carlton” released on 10 September 2025). 3. Effective date of the BP33 and TSF/Stockpiles Ore Reserves is 30 April 2025. (“Updated Finniss Lithium Project Reserve and Resource” released on 14 May 2025) 4. Ore Reserves are the total for the Grants, BP33, TSF/Stockpiles and Carlton Mines. 5 5. The long-term SC6 Spodumene price used for calculating the financial analysis is US$1,330/t. The financial analysis has been estimated with assumptions for crushing, processing and treatment charges, deductions and payment terms, concentrate transport, metallurgical recoveries, and royalties. 6. The breakeven cut-off net Smelter Return (NSR) for underground mining at BP33 and Grants Underground is $110/t NSR and $125/t NSR for Carlton Underground. 7. Measured Mineral Resources were used to estimate Proved Ore Reserves; Indicated Mineral Resources were used to estimate Probable Ore Reserves. 8. Tonnage and grade estimates include dilution and recovery allowances. 9. The tonnage and grade for TSF/Stockpile are estimated from the operations reconciled monthly production records. 10. The Reserves are defined at the point where the ore is delivered to the processing plant. 11. The Ore Reserves reported above are not additive to the Mineral Resources. 12. Totals within this table are subject to rounding. The Grants and Carlton OREs and related assumptions were developed and supported by independent consultants in conjunction with Core’s Competent Persons. Supporting information and the relevant JORC tables can be found in Core’s ASX announcements “Updated Grants Mine Plan and Ore Reserve” released on 10 November 2025, and “Updated Ore Reserve at Carlton” released on 10 September 2025. Site and Environmental Activities Care and Maintenance activities continued across multiple areas at Finniss during the period, with Core maintaining a strong focus on safety performance. There were no recordable injuries or safety or environmental incidents during the half-year period. Environmental compliance remained a priority, underpinned by ongoing monitoring and reporting of water management and pollutant inventories. Minor works were completed during the dry season at BP33 and Grants, including targeted repairs to dam infrastructure and desilting of sediment basins. Water management activities included the transfer of 166 ML from the Grants pit to surface storage. In preparation for the wet season, drains and sediment basins at both sites were cleaned and reinstated in October to ensure optimal performance. Legislative changes gazetted in September required the incorporation of revised water extraction licences into the Mining Management Plans for Grants and BP33, permitting groundwater extraction associated with open-pit or underground operations. Water discharge at Grants commenced in November following early-season rainfall that increased creek flows to sustainable release levels. Additional siphons were installed to increase short-term discharge volumes during rainfall events, providing the ability to fully dewater the Grants pit if required during the current wet season. In December, discharge infrastructure was also installed at BP33 along with pumping systems to enable transfer of water from the box cut to the mine water dam. This infrastructure will support full dewatering of the box cut when required. Exploration Lithium Exploration At Blackbeard, planning for a diamond drilling program in FY26 remains ongoing. This program is designed to test the geology and lithium mineralisation associated with the Exploration Target at depth. The objective is to gather sufficient geological data to assess the potential for a future Mineral Resource Estimate. Gold Exploration Surface geochemical sampling was conducted during the half year period at the Mt Shoobridge prospect (part of Core’s wholly owned Shoobridge Gold Project) to assess prospective regional gold targets. A total of 345 soil samples were collected, with samples submitted to Intertek Genalysis for analysis. Mt Shoobridge is strategically located approximately 10km from the Stuart Highway and 60km from the Union Reefs gold processing plant, within the Pine Creek Orogen – a region that hosts multiple multi-million-ounce gold deposits. With gold prices trading around record highs, Shoobridge presents a strategic opportunity alongside Core’s primary focus on lithium. 6 Results of Operations Total consolidated comprehensive loss of the Group for the six months to 31 December 2025 was $19.4 million (31 December 2024: total consolidated comprehensive loss of $17.2 million). The Company’s basic loss per share was 0.80 cents per share (31 December 2024: loss of 0.82 cents per share). No dividend has been paid during or is recommended for the half-year ended 31 December 2025 in line with the previous period. Financial Position As at 31 December 2025, Core had a cash balance of $48.7 million. Significant cash flows during the half-year include: • Exploration expenditure of $1.0 million • Finniss site maintenance costs of $1.8 million, primarily related to DMS plant care and maintenance for operational readiness, and site salaries • Expenses relating to employee and other corporate-related expenses of $5.6 million • The final payment for the crushing plant acquisition of $9.5 million • One-off non-recurring payment of $3.0 million (US$2.0 million) in relation to the termination of the Ganfeng offtake agreement • One-off cash receipt from the sale of non-core uranium assets to Elevate Uranium $2.5 million • Payment of $1.0 million relating to the outstanding mineral royalty liability with the NT government • Key technical workstreams progressed to conclusion to support Final Investment Decision (FID) costs of $1.7 million Core has made strategic decisions that have contributed to a significant reduction in liabilities, strengthening its financial position and enhancing its balance sheet with all offtake, contingent liabilities and onerous contracts from the operating period at Finniss resolved. All material exploration activities and initiatives related to FID are evaluated in the context of current funding and their relevance to advancing the Finniss project towards FID. Core continues to evaluate its broader asset portfolio, including non-core tenements, to ensure capital and management focus remain aligned with the Group’s development strategy and near-term priorities. Core also continues to maintain a stockpile of approximately 5,000 tonnes of spodumene concentrate and 75,000 tonnes of lithium fines, which remain available for sale. In the context of improved market conditions, the Group continues to monitor potential opportunities to monetise these stockpiles where it is commercially attractive. Corporate Successful capital raising In late August 2025, the Company initiated a capital raising, whereby it received firm commitments to raise gross proceeds of $50 million at a price of $0.105 per share through a two-tranche Placement (Placement) and Share Purchase Plan (“SPP”). The Placement received strong support from new institutional investors, including a selection of high-quality cornerstone investors from the Americas and Australia. Tranche 2 of the Placement was completed following receipt of shareholder approval at the Company’s Annual General Meeting (“AGM”) held on 10 October 2025. The SPP was conducted at an issue price of $0.105 per share, the same price as the Placement, to eligible shareholders in Australia and New Zealand. The SPP raised ~$4.3 million through the issue of approximately 41.3 million new CXO shares on 29 September 2025. The capital raising will enable Core to accelerate the advancement of FID and undertake operational readiness activities, and strengthening Core’s balance sheet to support the ongoing strategic funding process. 7 Settlement of offtake contracts and related obligations In September 2025, Core made a one-off payment of $3.0 million (US$2.0 million) in cash to terminate the existing offtake agreement with Ganfeng Lithium Co. in relation to the sale of spodumene concentrate.4 Core refers to its previous announcements5 and to disclosures in the 2025 Annual Report regarding ongoing discussions concerning a potential offtake agreement with Tesla, Inc. Consistent with the stated strategy to support a future restart of the Finniss Lithium Operation, the Company has agreed with Tesla to formally discontinue offtake discussions through the execution of a comprehensive, legally binding settlement agreement. The precise terms of the settlement are confidential; however, as part of the agreement, both parties have agreed to fully and finally release each other from all potential claims related to the previously disclosed dispute. The settlement resolves all offtake contracts and related obligations, leaving all future production from Finniss unencumbered. Sale of non-core uranium assets In December 2025, Core entered into an unconditional Share Sale Agreement with Elevate Uranium Ltd (ASX:EL8) (“Elevate”) for the sale of its 100% interests in the Napperby, Fitton and Entia Uranium Projects (collectively “the Uranium Assets”) which comprise four mineral exploration tenements in the Northern Territory (EL31449, EL29347, EL29389 and EL30793) and two mineral exploration tenements in South Australia (EL6445 and EL6574). In consideration for the sale of the Uranium Assets, Core received: • cash consideration of $2.5 million; • 8,923,738 million fully paid ordinary shares in Elevate, valued at $2.5 million based on the 15-day volume weighted average price of Elevate shares prior to the date of the Agreement with 4,461,869 Elevate shares subject to a six-month voluntary escrow period; and • a Net Smelter Royalty (“NSR”) of 1.0% on any metals or minerals produced from EL31449, which hosts Napperby Project area. Small share sale facility Core completed a small shareholding share sale facility (“Facility”) for shareholders whose holding of fully paid ordinary shares (“Shares”) were valued at less than $500. The number of Shares sold under the Facility was 35,100,871 Shares (representing approximately 1.3% of the issued capital) held by 21,817 shareholders were sold at the sale price of $0.2375 per Share. NT Royalty agreement During the half year period, Core entered into an instalment agreement with the NT government for the payment of its Mineral Royalty liability. The Northern Territory Revenue Office (“TRO”) issued Core with a Notice of Assessment for additional royalties payable for FY23 of approximately $6.4 million6. Through proactive engagement, Core worked with the Northern Territory Government to correct an over-estimation in historical royalty assessments, resulting in a $1.0 million adjustment and a $0.9 million amount due to Core, with an outstanding balance (excluding interest) of approximately $3.8 million. Under this agreement, Core has agreed to make three payments of $1 million on a semi-annual basis starting in December 2025, with a fourth and final payment of the remaining balance due on 31 March 2027. Core paid the first instalment in mid-December 2025. 4 Refer to ASX announcement “Termination of Final Offtake Agreement for Finniss” on 25 September 2025. 5 Refer to ASX announcement “Core Lithium and Tesla enter into binding Term Sheet for the supply of lithium” on 2 March 2022 and ASX announcement “Core and Tesla extend Offtake Term Sheet” on 29 August 2022. 6 Refer to ASX announcement “Quarterly Activities and Cashflow Report” on 17 July 2024. 8 Project and Strategic Funding Key technical workstreams, including geotechnical, water management, mine design and operational sequencing, have advanced significantly and remain on schedule to support a Final Investment Decision. These activities continue to de-risk the restart plan and are fully aligned with the scope defined in the Restart Study. The strategic funding process is progressing as planned, with strong interest from high-quality counterparties. Recent improvements in lithium market conditions has provided increased flexibility and optionality in the process. Significant changes to the state of affairs There have been no changes in the state of affairs of the Group that occurred during the Half Year under review not otherwise disclosed in this Directors’ Report. Rounding of amounts Amounts in this report and the accompanying financial report have been rounded to the nearest thousand dollars ($'000) unless otherwise stated under the option available to the Company under ASIC Corporations (Rounding in Financial/Directors' Report) Instrument 2016/191. The Company is an entity to which the instrument applies. Events arising since the end of the reporting date On 26 February 2026, the Group entered into a binding agreement to sell the remaining 5,100t spodumene stockpile at Finniss. No other matters or circumstances have arisen since the end of the financial year which significantly affected or may significantly affect the operations of the Group, the results of those operations or the state of affairs of the Group in subsequent financial years. Forward-looking statements and competent person references This release contains certain statements that may constitute “forward-looking statements”, including statements about trends in commodity prices and currency exchange rates; demand for commodities; production forecasts; plans, strategies and objectives of management; capital costs and scheduling; operating costs; anticipated productive lives of projects, mines and operations; and provisions and contingent liabilities. These forward-looking statements reflect expectations at the date of this report. However, they are not guarantees or predictions of future performance. They involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results to differ materially from those expressed in the statements contained in this report. Readers are cautioned not to put undue reliance on forward-looking statements. Core makes no representation, guarantee, warranty or assurance, express or implied, as to the accuracy or likelihood of the forward-looking statements or any outcomes expressed or implied in any forward-looking statements contained in this report being achieved or proved to be correct. Except as required by applicable laws or regulations, Core does not undertake to publicly update or review any forward-looking statements, whether as a result of new information or future events. Past performance cannot be relied on as a guide to future performance, and Core cautions against reliance on any forward-looking statements or guidance. Core confirms that the Company is not aware of any new information or data that materially affects the exploration results, exploration targets, Mineral Resource Estimate (MRE) and Ore Reserve Estimate (ORE) included in this announcement as cross referenced in the body of this announcement, and that all technical parameters and material assumptions underpinning the MRE, ORE and production target and forecast financial information derived from the production target continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original announcements related to previously reported exploration results, exploration targets, MRE and ORE. 9 Auditor Independence declaration A copy of the auditor's independence declaration as required under section 307C of the Corporations Act 2001 is set out immediately after this directors' report. This Interim Consolidated Report has been signed on behalf of the directors. Greg English Non-Executive Chair Perth Australia 27 February 2026 Grant Thornton Audit Pty Ltd Level 43 Central Park 152-158 St Georges Terrace Perth WA 6000 PO Box 7757 Cloisters Square Perth WA 6850 T +61 8 9480 2000 grantthornton.com.au ACN-130 913 594 Grant Thornton Audit Pty Ltd ACN 130 913 594 a subsidiary or related entity of Grant Thornton Australia Limited ABN 41 127 556 389 ACN 127 556 389. Grant Thornton’ refers to the brand under which the Grant Thornton member firms provide assurance, tax and advisory services to their clients and/or refers to one or more member firms, as the context requires. Grant Thornton Australia Limited is a member firm of Grant Thornton International Ltd (GTIL). GTIL and the member firms are not a worldwide partnership. GTIL and each member firm is a separate legal entity. Services are delivered by the member firms. GTIL does not provide services to clients. GTIL and its member firms are not agents of, and do not obligate one another and are not liable for one another’s acts or omissions. In the Australian context only, the use of the term ‘Grant Thornton’ may refer to Grant Thornton Australia Limited ABN 41 127 556 389 ACN 127 556 389 and its Australian subsidiaries and related entities. Liability limited by a scheme approved under Professional Standards Legislation. Auditor’s Independence Declaration To the Directors of Core Lithium Ltd In accordance with the requirements of section 307C of the Corporations Act 2001, as lead auditor for the review of Core Lithium Ltd for the half-year ended 31 December 2025. I declare that, to the best of my knowledge and belief, there have been: a no contraventions of the auditor independence requirements of the Corporations Act 2001 in relation to the review; and b no contraventions of any applicable code of professional conduct in relation to the review. GRANT THORNTON AUDIT PTY LTD Chartered Accountants L A Stella Partner – Audit & Assurance Perth, 27 February 2026 10 11 Consolidated Statement of Profit or Loss and Other Comprehensive Income For the year ended 31 December 2025 Notes 31 Dec 2025 $’000 31 Dec 2024 $’000 Interest income 651 542 Other income 11 2,367 120 Operating expenses 12 (11,031) (10,276) Gain on revaluation of royalty provision 13 753 1,030 General and administration expenses 14 (9,224) (7,296) Loss on disposal of right of use assets 15 (2,253) – Inventory net realisable movement – (678) Finance costs (500) (926) Foreign currency gain 3 363 Loss before income tax expense (19,234) (17,121) Income tax expense – – Net loss for the year (19,234) (17,121) Other comprehensive income: Fair value changes recognised in OCI 657 (84) Total comprehensive (loss) for the year (18,577) (17,205) Loss per share from continuing operations attributable to ordinary equity holders: Basic loss per share (cents) (0.77) (0.82) Diluted loss per share (cents) (0.77) (0.82) This statement should be read in conjunction with the notes to the financial statements. 12 12 Consolidated Statement of Financial Position As at 31 December 2025 Notes 31 Dec 2025 $’000 30 Jun 2025 $’000 ASSETS Current assets Cash and cash equivalents 48,656 23,486 Other receivables 532 1,121 Financial assets 2 3,562 571 Other assets 3 1,446 1,620 Inventories 4 5,446 5,462 Total current assets 59,642 32,260 Non-current assets Other assets 3 11,581 11,581 Financial assets 2 1,140 406 Inventories 4 4,013 4,013 Exploration and evaluation assets 5 83,739 85,286 Plant, equipment and mine development assets 6 127,064 134,888 Total non-current assets 227,537 236,174 TOTAL ASSETS 287,179 268,434 LIABILITIES Current liabilities Trade and other payables 7 3,973 9,438 Financial liabilities – 9,500 Lease liabilities 8 801 484 Provisions 9 678 685 Total current liabilities 5,452 20,107 Non-current liabilities Trade and other payables 7 1,035 – Lease liabilities 8 2,914 2,427 Provisions 9 11,093 11,621 Total non-current liabilities 15,042 14,048 TOTAL LIABILITIES 20,494 34,155 NET ASSETS 266,685 234,279 EQUITY Issued capital 10 530,468 479,240 Reserves 1,761 1,349 Accumulated losses (265,544) (246,310) TOTAL EQUITY 266,685 234,279 This statement should be read in conjunction with the notes to the financial statements. 13 Consolidated Statement of Changes in Equity For the year ended 31 December 2025 2025 Issued Capital $’000 Reserves $’000 Accumulated Losses $’000 Total Equity $’000 Balance at beginning of year 1 July 2025 479,240 1,349 (246,310) 234,279 Issue of shares – share placement 50,000 – – 50,000 Issue of shares – Shares Purchase Plan (SPP) 4,331 – – 4,331 Issue costs net of tax (3,103) – – (3,103) Performance rights and options issued to officers and employees at fair value – 625 – 625 Forfeit of performance rights – (870) – (870) Transactions with owners 530,468 1,104 (246,310) 285,262 Comprehensive income: Loss for the period – – (19,234) (19,234) Total other comprehensive income – 657 – 657 Balance 31 December 2025 530,468 1,761 (265,544) 266,685 2024 Issued Capital $’000 Reserves $’000 Accumulated Losses $’000 Total Equity $’000 Balance at beginning of year 1 July 2024 478,632 1,620 (223,380) 256,872 Issue of shares – share placement 608 – – 608 Performance rights and options issued to officers and employees at fair value – 321 – 321 Lapse of options and performance rights – (440) 440 – Forfeit of performance rights – (104) – (104) Transactions with owners 479,240 1,397 (222,940) 257,697 Comprehensive income: Loss for the period – – (17,121) (17,121) Total other comprehensive income – (84) – (84) Balance 31 December 2024 479,240 1,313 (240,061) 240,492 This statement should be read in conjunction with the notes to the financial statements. 14 14 Consolidated Statement of Cash Flows For the half year ended 31 December 2025 Notes 31 Dec 2025 $’000 31 Dec 2024 $’000 Operating activities Receipts from customers – 468 Repayments to customers – (3,496) Interest received 651 542 Payments to suppliers and employees (20,409) (27,518) Interest paid (663) (38) Net cash used in operating activities (20,421) (30,042) Investing activities Payments for plant, equipment, and mine development assets (6,271) (1,508) Payments for capitalised exploration and evaluation expenditure (982) (5,676) Proceeds from disposal of plant and equipment 2,500 – Payments for financial assets (76) (76) Government co-funding grants repaid – (918) Proceeds from environmental and security bonds – 341 Payments for environmental and security bonds (270) Net cash used in investing activities (5,099) (7,837) Financing activities Proceeds from the issue of share capital 54,331 – Payments of share issue transaction costs (3,364) – Payments of lease liabilities (278) (316) Net cash from/(used in) financing activities 50,689 (316) Net increase/(decrease) in cash and cash equivalents 25,169 (38,195) Net foreign exchange gain 1 319 Cash and cash equivalents at the beginning of the year 23,486 87,606 Cash and cash equivalents at the end of the year 48,656 49,730 This statement should be read in conjunction with the notes to the financial statements. 15 Notes to the Consolidated Financial Statements For the half year ended 31 December 2025 1 Statement of significant accounting policies a) Reporting entity Core Lithium Ltd (the “Company”) is a listed public company registered and domiciled in Australia. These interim consolidated financial statements (“interim financial statements”) as at and for the 6 months ended 31 December 2025 comprising the Company and its subsidiaries (together referred to as the “Group”). The Group is an Australian hard-rock lithium mining company that owns and operates the Finniss Lithium Project on the Cox Peninsula, 88km south-west of the Darwin Port in the Northern Territory. b) General information and basis of preparation The interim consolidated financial statements of the Group are for the six months ended 31 December 2025 and are presented in Australian dollars ($) which is the functional currency of the Group. The amounts contained in the financial report have been rounded to the nearest $1,000 (where rounding is applicable) where noted ($000). These general purpose interim consolidated financial statements have been prepared in accordance with the requirements of the Corporations Act 2001 (Cth) and AASB 134 - Interim Financial Reporting. They do not include all the information required in annual financial statements in accordance with Australian Accounting Standards (AASB) and should be