Gregory Jones

Noel Parks

David Deckelbaum

Joseph Reagor

Matthew Key

Tyler DiMatteo

Bennett Moore

William Peterson

- On **August 29, 2025**, Piedmont Lithium Inc. completed its merger with Sayona Mining Limited, forming a combined company named **Elevra Lithium**.  **[1728205_0001140361-25-033733_ef20055055_ex99-1.htm:0]** 
- Following the merger, Piedmont Lithium's common stock (Nasdaq: PLL) and Chess Depositary Interests (ASX: PLL) will be **delisted** from the Nasdaq and Australian Securities Exchange, respectively.  **[1728205_0001140361-25-033733_ef20055055_ex99-1.htm:0]** 
- Holders of Piedmont common stock will receive **0.35133 American Depositary Shares** (Nasdaq: ELVR) of Sayona for each share held, while Piedmont CDI holders will receive **5.27 Sayona ordinary shares** (ASX: SYA) for each CDI held.  **[1728205_0001140361-25-033733_ef20055055_ex99-1.htm:0]** **[1728205_0001140361-25-033733_ef20055055_8k.htm:1]** 
- In connection with the merger, all of Piedmont's directors, including Keith Phillips, resigned, and **Lucas Dow** became the sole director, President, and Chief Executive Officer of Piedmont, which is now a wholly-owned subsidiary of Sayona.  **[1728205_0001140361-25-033733_ef20055055_8k.htm:6]** **[1728205_0001140361-25-033733_ef20055055_8k.htm:5]**

Piedmont Lithium (PLL)