Sigma Lithium Corp (SGML)

[TradingCharts]

HIGHLIGHTS OF COMMISSIONING AND GO FORWARD LEADERSHIP

• Sigma Lithium announces the initiation of the commissioning of the Dense Medium Separation
module of the production plant (the “Greentech Plant”) one month ahead of schedule and within
budget.
o Commissioning of the crushing module of the Greentech Plant is also ahead of schedule
and projected to have first ore crushed mid-February.
• The Company remains on track to commence commercial production in April 2023 and expects
to start generating cash flow in the second quarter this year, producing battery grade
environmentally and socially sustainable lithium concentrate (“Battery Grade Sustainable
Lithium”).
• Brian Talbot, Sigma Lithium’s Chief Operating Officer, will continue to lead operations on site in
Brazil.
o Mr. Talbot has been instrumental to the successful execution of the Greentech Plant
optimized design and detailed engineering and has played a pivotal role in the
construction and commissioning of the project since joining the Company in 2021.
• Ana Cabral-Gardner continues to be the Chief Executive Officer of the Company and will continue
as Co-Chair of the Board.
o Ms. Cabral-Gardner has been sharing the helm of Sigma Lithium for the past five years
during which she has and will continue to serve on the Finance, Technical and ESG
committees of the Board.
o She has led Sigma Lithium to become a global pioneer in environmental and social
sustainability within the battery supply chain.
• Gary Litwack has been appointed as a Non-Executive Co-Chair of the Board and will serve together
with Ana Cabral-Gardner.
o Mr. Litwack has been Sigma Lithium’s Lead Independent Director. He serves as the Chair of
the Audit Committee and has been a Director since the Company went public in 2018.
• Rodrigo Menck has been named Chief Financial Officer of Sigma Lithium.
o Mr. Menck will be working closely with Felipe Peres, the prior Chief Financial Officer, who
will remain as part of the Finance Team leadership in the capacity of Senior Advisor to the
Company.
o Mr. Menck joined the Company last year from Nexa Resources, a NYSE listed mining
producer with assets in Brazil and other countries.
o Calvyn Gardner, who had been Co-Chief Executive Officer and Co-Chair, will remain as a Director
of the Company

Jan 23 2023
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00032390