Freetown, Sierra Leone – December 18, 2024

Sierra Mineral Holdings I LTD (Sierra Mineral), a leading bauxite mining company, has
successfully concluded negotiations with a globally recognized European trader, resulting in the
execution of a bauxite sales agreement for a total volume of 1.4 million tons.

This milestone agreement highlights the strong partnership between the two entities and
underscores their mutual commitment to fostering growth and development within the global
aluminium industry.

As a key supplier of high-quality bauxite, Sierra Mineral continues to play an essential role in
supporting aluminium production worldwide. The trader’s extensive global network and
reputation as a trusted partner further solidify the agreement’s importance.

Expressing his satisfaction with the successful negotiations, Mr. Alex Ivanov stated:

“This agreement marks a significant milestone for Sierra Mineral, strengthening our position in
the global market and reinforcing our commitment to delivering top-quality resources. We are
thrilled about this new partnership, which ensures a sustainable supply chain and mutual growth
for the years to come.”

The execution of this agreement reflects Sierra Mineral’s dedication to excellence and its ability
to adapt to the evolving demands of the aluminium industry while continuing to support Sierra
Leone’s economic development.