Latham & Watkins Advises 5E Advanced Materials on US$36 Million Upsized and Oversubscribed Public Offering of Common Stock

5E Advanced Materials, Inc. (5E or the Company) (Nasdaq: FEAM) (ASX: 5EA), a development-stage company focused on becoming a vertically integrated global leader and supplier of refined borates, advanced boron derivative materials, and critical materials, has announced the pricing of its best-efforts public offering of common stock in the United States (the Offering). In the Offering, 5E is selling 18,000,000 shares of common stock at a public offering price of US$2 per share. All shares of common stock to be sold in the Offering are being offered by 5E. The gross proceeds to 5E from the Offering are expected to be approximately US$36 million, before deducting placement agent fees and other estimated Offering expenses payable by 5E. Subject to the satisfaction of customary conditions, the Offering is expected to close on February 2, 2026.

Latham & Watkins LLP is advising 5E in the offering with a corporate team led by Orange County partner Drew Capurro and Chicago partner Scott Westhoff, with associates Gregory Van Buiten, Caitlin Nguyen, Tony Noh, and Skyler Ligon.