CONSENT OF J.P. MORGAN SECURITIES LLC
We hereby consent to (i) the use of our opinion letter dated November 18, 2024 to the Board of Directors of Piedmont Lithium Inc. (the “Company”) included in Annex C to the proxy statement/prospectus which forms a part
of Amendment No. 2 to the registration statement on Form F-4 (the “Registration Statement”) relating to the proposed merger of the Company and Sayona Mining Limited and (ii) the references to such opinion in such proxy statement/prospectus. In
giving such consent, we do not admit that we come within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended, or the rules and regulations of the Securities and Exchange Commission thereunder,
nor do we hereby admit that we are experts with respect to any part of such Registration Statement within the meaning of the term “experts” as used in the Securities Act of 1933, as amended, or the rules and regulations of the Securities and
Exchange Commission thereunder.
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Very truly yours,
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/s/ J.P. MORGAN SECURITIES LLC
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J.P. MORGAN SECURITIES LLC
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June 5, 2025
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