Overseas Funding Evaluation Board Approval Obtained

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BRISBANE, Australia, Nov. 14, 2023 (GLOBE NEWSWIRE) — Allkem Restricted (ASX: AKE, “Allkem” or the “Firm”) is happy to announce that Arcadium Lithium plc (“NewCo”), the brand new holding firm of the mixed group that can outcome from the proposed merger of Allkem and Livent Company (Livent) (Transaction), has acquired Australian Overseas Funding Evaluation Board (“FIRB”) approval (“FIRB Approval”).

Allkem, Livent and NewCo have now acquired antitrust/competitors approvals in Canada, China, Japan, South Korea and the U.S., in addition to overseas funding approvals/completion of funding screenings in Australia, the U.Ok. and the U.S. This represents all competitors and overseas funding approvals which might be anticipated to be required previous to completion¹.

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Allkem and Livent are concentrating on closing of the Transaction on 4 January 2024. The closing of the Transaction stays topic to the satisfaction or waiver of different closing circumstances, together with approval by each Livent and Allkem shareholders and Australian Court docket approval of the Scheme.

This launch was authorised by Mr Martin Perez de Solay, Managing Director and Chief Govt Officer of Allkem Restricted.

IMPORTANT NOTICES

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for
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United States

This announcement has been ready for publication in Australia and might not be launched to U.S. wire companies or distributed in the USA. This announcement doesn’t represent a proposal to promote, or a solicitation of a proposal to purchase, securities in the USA or every other jurisdiction, and neither this announcement or something connected to this announcement shall type the idea of any contract or dedication. Any securities described on this announcement haven’t been, and won’t be, registered beneath the U.S. Securities Act of 1933 and might not be provided or bought in the USA besides in transactions registered beneath the U.S. Securities Act of 1933 or exempt from, or not topic to, the registration of the U.S. Securities Act of 1933 and relevant U.S. state securities legal guidelines.

¹ Word that pursuant to the Argentinian Merger Management Laws, Arcadium Lithium plc will likely be required to inform the Argentinian Antitrust Authority of the Transaction, and search its approval, no later than one week after the Transaction is applied. Implementation of the Transaction shouldn’t be conditional upon or in any other case topic to the events acquiring the approval of the Argentinian Antitrust Authority.

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