Mr. Joe Racanelli reports

ELECTRA PROVIDES NOTICE OF FOURTH QUARTER 2022 RESULTS CONFERENCE CALL AND WEBCAST

Electra Battery Materials Corp. will release its fourth quarter 2022 financial results after market close on March 31, 2023. Senior management will host a conference call and webcast on April 3, 2023, at 10 a.m. ET to review Electra's fourth quarter performance and discuss near-term outlook.

Dial-in and webcast details:

North American dial-in number:  1-800-319-4610

International dial-in number:  1-604-638-5340

About Electra Battery Materials Corp.

Electra is a processor of low-carbon, ethically sourced battery materials. Currently commissioning North America's only cobalt sulphate refinery, Electra is executing a multipronged strategy focused on onshoring the electric vehicle supply chain. Keys to its strategy are integrating black mass recycling and nickel sulphate production at Electra's refinery located north of Toronto, advancing Iron Creek, its cobalt-copper exploration-stage project in the Idaho cobalt belt, and expanding cobalt sulphate processing into Becancour, Que.

We seek Safe Harbor.