American Battery Technology Company Appoints Financial Industry Veteran, Susan Yun Lee, to Board of Directors

American Battery Technology Company (ABTC) (NASDAQ: ABAT), an integrated critical battery materials company that is commercializing its technologies for both primary battery minerals manufacturing and secondary minerals lithium-ion battery recycling, announced that financial industry veteran, Susan Yun Lee, will join the ABTC Board of Directors effective April 1, 2024. Julie Blunden, who was first appointed to the ABTC Board in March 2022, will be stepping down from her role effective March 31, 2024.

"We are excited to welcome Susan to the ABTC Board," stated ABTC Chairman Rick Fezell. "Her expertise in financial markets will be invaluable in reinforcing ABTC's strong culture of fiscal stewardship."

Susan Yun Lee is a multi-asset class allocator with over twenty years of combined experience advising institutions on investments in funds, private companies, public stocks, options, and derivatives across public equities, private equity, venture capital, real assets, credit, fixed income, and hedge fund strategies.

"We are at a pivotal inflection point of our growth within ABTC and now is the ideal time to bring in new expertise within the financial markets that can help drive our long-term growth," stated ABTC CEO and Director Ryan Melsert. "We spent several months evaluating numerous candidates, and Susan's breadth and depth of experiences in public and private investments, capital markets, and her strong fiduciary diligence are the exact skills that we need as we contract the strategic offtake of our recycled and primary metal products and as we continue to expand our commercial scale operations."

Lee currently serves as the chief investment officer of a foundation and as a partner with White Road Capital. She began her career with strategy roles with Bain & Co. and The Walt Disney Company and has also worked as a partner at Angeles Investment Advisors, an investment advisory firm for institutional investors, where she steered the firm's private equity division and managed its portfolio. Lee served as a private equity investor at Black Canyon Capital and Vintage Capital Partners before managing investment assets and a $2.5 billion portfolio for The Broad Foundations and family office.

Lee is currently an independent board director for the Nasdaq-listed Crescent Capital BDC and Crescent Private Credit Income Corp. She has a Master's of Business Administration from Harvard Business School where she earned honors and was a Toigo Fellow, and a Bachelor of Arts in economics from Stanford University, Phi Beta Kappa.

"I'm greatly looking forward to joining the ABTC team at such an exciting time in the rapidly growing domestic battery critical minerals industry," stated incoming board member Susan Yun Lee. "There are a plethora of strategic partnership and investment opportunities in front of ABTC, and I'm excited to bring my experiences in the financial markets to help evaluate these opportunities and drive the company's growth forward."

"I would like to thank Julie for her outstanding service on the board over the past two years," stated ABTC Chairman Rick Fezell. "Her resignation is aligned with the Board's succession plan for independent directors."

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