CENTURY LITHIUM ANNOUNCES CHANGE IN BOARD LEADERSHIP

(Moderate)

(Neutral)

Rhea-AI Summary

Century Lithium (OTCQX: CYDVF, TSXV: LCE) appointed Dr. Corby G. Anderson as Chair of the Board of Directors, effective immediately. Anderson has served as an independent director of the company since 2023.

Bryan Disher, Chair since June 2023, will remain on the Board as a non-executive director and continue as Chair of the Audit Committee. President and CEO Bill Willoughby thanked Disher for his leadership during a period of technical and corporate advancement and stated he looks forward to working with Anderson as the company advances permitting and development activities.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Positive

Appointment of new Board Chair effective immediately
Former Chair remains as non-executive director
Audit Committee leadership continuity with Bryan Disher

Negative

None.

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07/14/2026 - 08:30 AM

VANCOUVER, BC, July 14, 2026 /PRNewswire/ - Century Lithium Corp. (TSXV: LCE) (OTCQX: CYDVF) (Frankfurt: C1Z) ("Century Lithium" or "the Company") is pleased to announce the appointment of Dr. Corby G. Anderson, who has served as an Independent Director of Century since 2023, as Chair of the Board of Directors, effective immediately. Mr. Bryan Disher, who has served as Chair since June 2023, will remain on the Board as a non-executive Director and continue as Chair of the Audit Committee.

Century Lithium Logo

"On behalf of the Board and management, I want to thank Bryan for his leadership as Chair over the past three years," said Bill Willoughby, President and CEO of Century Lithium. "His guidance through a period of significant technical and corporate advancement has been invaluable, and we are fortunate that he continues to serve as a Director and Chair of our Audit Committee. I look forward to working with Corby in his new role as we move the Company forward in permitting and development."

ABOUT CENTURY LITHIUM CORP.

Century Lithium Corp. is an advanced-stage lithium development company focused on its 100%-owned Angel Island lithium project in Esmeralda County, Nevada. Angel Island hosts one of the largest known sedimentary lithium deposits in the United States and is designed with an integrated, end-to-end process for the on-site production of battery-grade lithium carbonate to support the electric vehicle and battery storage markets.

The Company has developed a patent-pending process that incorporates hydrochloric acid leaching combined with direct lithium extraction to produce battery-grade lithium carbonate. As part of the integrated chlor-alkali process, Angel Island is designed to produce sodium hydroxide as a co-product, with planned surplus sales expected to lower operating costs, reduce reliance on externally sourced reagents, and minimize environmental impacts.

Century Lithium is currently advancing Angel Island through the permitting process.

Century Lithium trades on the TSX Venture Exchange under the symbol "LCE" the OTCQX under the symbol "CYDVF", and on the Frankfurt Stock Exchange under the symbol "C1Z".

To learn more, please visit centurylithium.com.

ON BEHALF OF CENTURY LITHIUM CORP.

WILLIAM WILLOUGHBY, PhD., PE
President & Chief Executive Officer

centurylithium.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Cautionary Note Regarding Forward-Looking Statements

This release contains certain forward-looking statements within the meaning of applicable Canadian securities legislation. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not anticipate", or "believes", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" and similar expressions suggesting future outcomes or statements regarding an outlook.

Forward-looking statements relate to any matters that are not historical facts and statements of our beliefs, intentions and expectations about developments, results and events which will or may occur in the future, without limitation, statements with respect to the potential development and value of the Project and benefits associated therewith, statements with respect to the expected project economics for the Project, such as estimates of life of mine, lithium prices, production and recoveries, capital and operating costs, IRR, NPV and cash flows, any projections outlined in the Feasibility Study in respect of the Project, the permitting status of the Project and the Company's future development plans.

These and other forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause their actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein. These risks include those described under the heading "Risk Factors" in the Company's most recent annual information form and its other public filings, copies of which can be under the Company's profile at www.sedarplus.ca. The Company expressly disclaims any obligation to update-forward-looking information except as required by applicable law. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place reliance on forward-looking statements or information. Furthermore, Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

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SOURCE Century Lithium Corp.

FAQ

What board leadership change did Century Lithium (CYDVF) announce on July 14, 2026?

Century Lithium announced that Dr. Corby G. Anderson has been appointed Chair of the Board, effective immediately. According to Century Lithium, Anderson has served as an independent director since 2023, while former Chair Bryan Disher remains on the Board and continues leading the Audit Committee.

Who is the new Chair of the Board at Century Lithium (CYDVF)?

The new Chair of the Board is Dr. Corby G. Anderson. According to Century Lithium, he has been an independent director since 2023 and now assumes the Chair role while prior Chair Bryan Disher remains a non-executive director and Audit Committee Chair.

What role will former Chair Bryan Disher have at Century Lithium (CYDVF) after the board change?

Bryan Disher will remain a non-executive director and continue as Chair of the Audit Committee. According to Century Lithium, he previously served as Board Chair since June 2023 and provided leadership during a period of technical and corporate advancement.

When is the Century Lithium (CYDVF) board chair transition effective?

The transition to Dr. Corby G. Anderson as Chair of the Board is effective immediately as of July 14, 2026. According to Century Lithium, this change follows his service as an independent director since 2023 and maintains continuity with former Chair Bryan Disher on the Board.

Does the Century Lithium (CYDVF) board change affect the Audit Committee leadership?

The board change does not alter Audit Committee leadership, as Bryan Disher will continue as its Chair. According to Century Lithium, Disher remains on the Board as a non-executive director while Dr. Corby Anderson assumes the role of Board Chair.