In compliance with applicable federal and state securities and reporting laws, including the Sarbanes-Oxley Act of 2002, as well as to ensure transparency and independence, Li3's Board of Directors has nominated existing independent members of the Board to serve as Chairs and members of the following Committees:

Audit Committee:

• Harvey McKenzie – Chair
• Patrick Cussen
• Alan Fraser

Compensation Committee:

• Eduardo de Aguirre - Chair
• Sungwon Lee, PhD.
• Patrick Cussen
• Luis Saenz

Governance Committee:

• Patrick Cussen – Chair
• Harvey McKenzie
• Luis Saenz

Health, Safety, Environment & Community Committee:

• Patricio Campos – Chair
• David Wahl
• Alan Fraser
• Luis Saenz