EMH European Metals Holdings Limited

For immediate release                                                                                                                                        26 November 2024

Change of Financial Year End to 31 December

European Metals Holdings Limited (ASX & AIM: EMH, OTCQX: EMHXY and EMHLF) ("European Metals" or the "Company") wishes to advise that the Board of Directors has resolved to change the Company's financial year end from 30 June to 31 December.

The Company holds a 49% equity interest in Geomet s.r.o., an entity that controls the mineral exploration licenses awarded by the Czech State over the Cinovec Lithium Project and has been granted a preliminary mining permit by the Ministry of Environment and the Ministry of Industry. The change will align the Company's financial year end with that of Geomet, which has a 31 December financial year end.

The Company believes that this alignment of financial year ends will result in a more efficient and cost effective statutory financial reporting and auditing process, and in more seamless governance and compliance between all entities.

The change is made in accordance with Section 323D(2A) of the Corporations Act 2001 (Cth) and the Company confirms that:

-       its last financial year ended on 30 June 2024,

-       it will have a six-month Transitional Financial Year ("TFY"), beginning on 1 July 2024 and ending on 31 December   2024, and

-       thereafter it will adopt a twelve-month financial year, with the first commencing on 1 January 2025 and ending on     31 December 2025.

The change in financial year requires the Company to, in respect of the TFY:

-       lodge audited financial statements by 31 March 2025, and

-       hold its annual general meeting for the TFY by no later than 31 May 2025.

Thereafter the Company will publish unaudited (reviewed) interim results for the six months ending 30 June by no later than mid-September and audited final results for the twelve months ending 31 December by 31 March in each calendar year.

This announcement has been approved for release by the Board.

CONTACT

For further information on this update or the Company generally, please visit our website at www.europeanmet.com or see full contact details at the end of this release.

ENQUIRIES:                                                                                             

The information contained within this announcement is deemed by the Company to constitute inside information under the Market Abuse Regulation (EU) No. 596/2014 ("MAR") as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 and is disclosed in accordance with the Company's obligations under Article 17 of MAR.