Avalon Advanced Materials Inc. announced the addition of two new directors who bring extensive expertise in international capital markets and resource development. Alec Kodatsky, Founding Partner, Forthlane Partners Ltd., and former Brendon-Woods "Top Gun" metals and mining equity analyst and a mining engineer, joins Avalon as a member of its Board of Directors (the "Board"). Benny Loix, Vice President ?

Commercial North America, at SCR Sibelco NV ("Sibelco") joins Avalon as Sibelco's nominee to the Board. These appointments will further support a new growth phase at Avalon, consisting of bringing the Company's portfolio of critical minerals assets into production, as well as building a vertically integrated lithium supply chain in Ontario. Mr. Kodatsky, based in Toronto, who will also join the Company's Audit Committee, brings more than two decades of experience conducting in-depth financial analysis and research in the metals and mining sector.

He has extensive experience in firsthand assessments of operating and developmental mining assets for institutional and investment banking clients in Canada and internationally. ursuant to the terms of an investor rights agreement entered into between Avalon and Sibelco on June 14, 2013 as part of the joint venture between the two companies, Mr. Loix, who will be based in Charlotte NC, joins Avalon to accelerate the development of Avalon's portfolio of lithium deposits. He has served in Sibelco's Treasury Executive Vice President Group since 2008, being in charge of global M&A, insurance and risk management and was recently appointed as Sibelco's Vice President for North America.

Marilyn Spink, a Director since June 2020, has retired from the Board.