SIGMA LITHIUM MOVES FORWARD WITH DUAL LISTINGS AMID STRATEGIC EVALUATION: NASDAQ AND SINGAPORE STOCK EXCHANGE DEBUTS PLANNED FOR SIGMA BRAZIL

Sigma Lithium Corporation (NASDAQ: SGML, TSXV: SGML, BVMF: S2GM34), a prominent producer of carbon-neutral lithium concentrate for the electric vehicle battery sector, is advancing its Strategic Review Process into the coming year while simultaneously pursuing a significant capital markets milestone. The company has disclosed plans to launch primary listings for Sigma Brazil on both Nasdaq and the Singapore Stock Exchange, a strategic maneuver designed to enhance negotiating flexibility and shareholder value optimization.

Strategic Review Process Gains Momentum

The ongoing evaluation process has attracted considerable interest from major industry players. According to company leadership, final-stage negotiations with selected bidders continue with substantive progress on contractual frameworks and structural arrangements. The Board has indicated that discussions will extend into the new year, with all parties demonstrating active commitment to advancing potential combinations.

Ana Cabral, serving as CEO, highlighted the caliber of interest received: “The response from global battery materials and electric vehicle manufacturers, including prominent automakers and battery production leaders, underscores the market recognition of our operational achievements. The engagement of senior executives and board-level participants from interested consortiums reflects deepening industry relationships and validation of our competitive position.”

Dual Exchange Strategy: Maximizing Strategic Flexibility

The planned simultaneous listings represent a calculated approach to balance negotiating leverage. Should the strategic review conclude with an outcome limited to Sigma Brazil operations, the dual listings would establish a robust public market foundation. The Nasdaq listing at the same level as Sigma Lithium’s existing tier maintains alignment with premium governance and transparency benchmarks globally recognized in capital markets.

The Singapore listing carries particular significance for international investor access and regional capital deployment. Lucas Melo, Audit Committee Chair, contextualized this approach: “Brazil’s lithium sector is attracting participation from Chinese, American, Canadian, Australian and British enterprises. The Singapore exchange listing levels the competitive landscape for all transaction participants and maximizes value realization for Sigma Lithium shareholders.”

Operational Advantages in Dynamic Market

Despite the current lithium market contraction, Sigma Lithium’s fully ramped production status provides decisive advantages for strategic evaluation. The company operates as one of the industry’s lowest-cost producers, having achieved Net Zero certification—a critical distinction as European battery regulations increasingly emphasize production carbon footprint credentials.

Cesar Chicayban, Lead Independent Board Member, emphasized operational positioning: “As a complete producer, we negotiate from a position of maximum operational flexibility. Our Net Zero achievement delivers competitive advantages aligned with emerging regulatory requirements like the European Battery Passport. Simultaneously, detailed engineering for Phase 2 and 3 capacity expansion progresses, consolidating our major-producer status.”

Production Scale and Sustainability Framework

The Grota do Cirilo Project in Brazil’s Minas Gerais region currently produces Triple Zero Green Lithium through Phase 1 operations, targeting 270,000 tonnes annually (36,700 LCE units). Planned expansions would elevate production to 766,000 tonnes annually (104,200 LCE units) upon completion of ongoing feasibility assessments and Phase 2 & 3 development.

The production process operates through a state-of-the-art Greentech facility utilizing 100% renewable energy inputs, 100% recycled water systems, and 100% dry-stacked tailings management—eliminating traditional wet tailings environmental concerns. This integrated sustainability approach demonstrates differentiation across battery supply chain development.

Shareholder Consideration Framework

Several structural principles guide the listings and strategic process:

• All shareholders holding either Sigma Lithium or Sigma Brazil equity positions would be subject to acquisition consideration in a completed transaction
• Sigma Brazil’s Board composition will mirror Sigma Lithium’s minority shareholder-led governance model and ESG commitments, particularly strengthening director independence and corporate governance standards
• The Board does not anticipate listing procedures creating material interference with strategic review conclusion timing
• Community stakeholder commitment remains focused on Vale do Jequitinhonha region benefits and sustainable development principles

Technical Foundation and Regulatory Alignment

The company’s operational and development plans reference the updated National Instrument 43-101 technical report released June 12, 2023, prepared by recognized international mining engineering and geological consultants. This documentation provides third-party validation of mineral resource estimates, processing methodologies, and production projections supporting public market disclosure.

The company maintains active capital markets presence across Toronto (TSXV), Brazilian (BVMF: S2GM34), and U.S. equity venues, with additional listing applications pending at Nasdaq and Singapore Stock Exchange for Sigma Brazil operations.