AVZ Minerals: A Letter to the Board of Directors

We have identified a number of corruption “red flags” related to AVZ’s acquisition of a stake in a lithium project in the Democratic Republic of Congo (DRC). We are concerned that the Manono license may have been awarded corruptly and that AVZ proceeded with the deal despite these warning indicators. We are therefore asking that AVZ’s Board of Directors provide an assurance to investors that the company has complied with all international laws in relation to its DRC transactions.