Lithium Americas vote in favor of separation of the company

Lithium Americas announced that shareholders have voted in favor of the separation of the Company into Lithium Americas and a new Lithium Americas pursuant to a statutory plan of arrangement at the Company’s annual general and special meeting of shareholders held today. The Separation was approved by 98.85% of the votes cast by shareholders present or represented by proxy at the Meeting, as well as 98.78% of the votes cast excluding those of such shareholders who are required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions. The Separation is targeted to become effective in early October 2023. Completion of the Separation remains subject to certain regulatory approvals and closing conditions. In connection with the approval of the Separation, the Company’s shareholders also passed the resolution approving a new equity incentive plan for Lithium Americas with 90.17% of the votes cast at the Meeting in favor of the resolution.