United Lithium Management

Management criteria checks 1/4

United Lithium's CEO is Scott Eldridge, appointed in Feb 2023, has a tenure of 1.75 years. total yearly compensation is CA$170.00K, comprised of 41.2% salary and 58.8% bonuses, including company stock and options. directly owns 1.64% of the company’s shares, worth €79.28K. The average tenure of the management team and the board of directors is 1.6 years and 1.7 years respectively.

Key information

Scott Eldridge

Chief executive officer

CA$170.0k

Total compensation

CEO salary percentage	41.2%
CEO tenure	1.8yrs
CEO ownership	1.6%
Management average tenure	1.6yrs
Board average tenure	1.7yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Scott Eldridge's remuneration changed compared to United Lithium's earnings?
Date	Total Compensation	Salary	Company Earnings
Jul 31 2024	n/a	n/a	-CA$2m
Apr 30 2024	n/a	n/a	-CA$10m
Jan 31 2024	n/a	n/a	-CA$10m
Oct 31 2023	n/a	n/a	-CA$10m
Jul 31 2023	CA$170k	CA$70k	-CA$11m

Compensation vs Market: Scott's total compensation ($USD121.22K) is below average for companies of similar size in the German market ($USD474.54K).

Compensation vs Earnings: Insufficient data to compare Scott's compensation with company performance.

CEO

Scott Eldridge (44 yo)

1.8yrs

Tenure

CA$170,000

Compensation

Mr. Scott Richard Eldridge is CEO & Director of Military Metals Corp. since September 2024. He serves as CEO, President and Director at United Lithium Corp. since February 21, 2023. He serves as Chief Exec...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Scott Eldridge	CEO, President & Director	1.8yrs	CA$170.00k	1.64% € 79.3k
Christopher Cairns	Chief Financial Officer	1.6yrs	CA$30.63k	no data
Rona Sellers	Vice President of Compliance & Corporate Secretary	less than a year	no data	0.070% € 3.4k

1.6yrs

Average Tenure

Experienced Management: 0UL's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Scott Eldridge	CEO, President & Director	1.8yrs	CA$170.00k	1.64% € 79.3k
Robert Schafer	Independent Director	3.8yrs	CA$40.00k	no data
Mark Saxon	Member of Advisory Board	3.7yrs	no data	no data
Michael Kobler	Independent Director	1.5yrs	CA$4.90k	0.057% € 2.7k
Iain Scarr	Independent Director	1.7yrs	CA$9.61k	0.70% € 33.7k
Henrik K. Lundin	Independent Director	less than a year	no data	0.12% € 5.6k

1.7yrs

Average Tenure

60yo

Average Age

Experienced Board: 0UL's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.

United Lithium Management

Management criteria checks 1/4

Key information

Recent management updates

United Lithium Corp. Announces Executive Changes

United Lithium Corp., Annual General Meeting, Mar 28, 2024

United Lithium Corp. Announces Executive Appointments

United Lithium Corp. Appoints Michael Kobler to Board of Directors

High number of new and inexperienced directors

United Lithium Corp., Annual General Meeting, Dec 07, 2022

Recent updates

United Lithium Corp. Commences Field Exploration Programs in Finland

New major risk - Financial position

United Lithium Announces Drill Results for Lithium Pegmatites D & E Confirming Strike Length of over 4,000M At Bergby Project, Sweden

United Lithium Corp. (CNSX:ULTH) acquired Pr1 Finland Oy from Pure Resources Limited (ASX:PR1) for AUD 0.19 million.

New minor risk - Shareholder dilution

United Lithium Corp. announced that it has received CAD 2 million in funding

United Lithium Corp. (CNSX:ULTH) completed the acquisition of remaining 16.4% stake in Litiumloydos Oy from Tammela Minerals Oy for CAD 0.2 million.

United Lithium Corp. (CNSX:ULTH) completed the acquisition of 16.4% stake in Litiumloydos Oy from Tammela Minerals Oy for 0.2 million.

United Lithium Corp. announced that it expects to receive CAD 2 million in funding

United Lithium Corp. Announces Executive Changes

United Lithium Corp., Annual General Meeting, Mar 28, 2024

United Lithium Corp. Reports Further Assay Results from the 2023 Drill Program At the Bergby Lithium Project in Sweden

New major risk - Financial position

United Lithium Corp. Reports the First Set of Diamond Drilling Results from Its 2023 Drilling Program At the Bergby Lithium Project

United Lithium Corp. Announces Results of Drilling from the Kietyonmaki Project, Finland

United Lithium Corp. Increases Land Package by 20,000 Hectares, Drill Results Pending At Kietynmki Project, Finland

United Lithium Corp. Stakes Third Hard-Rock Lithium Project in Wyoming, USA Within Historical Pegmatite Production Area: the Freedom Project

United Lithium Corp. Completes Surface Sampling Program at the Patriot Project, Colorado

United Lithium Corp. Announces Executive Appointments

United Lithium Corp. Completes 2023 Surface Sampling Program At the Liberty Project, South Dakota

United Lithium Corp. Appoints Michael Kobler to Board of Directors

High number of new and inexperienced directors

United Lithium Corp. Receives Confirmation of Adjudication on 220 Additional BLM Claims from the Liberty Lithium Project in the Black Hills, South Dakota

United Lithium Corp. Stakes an Additional 220 BLM Claims in the Black Hills Near Pringle, South Dakota

United Lithium Corp. Completes Staking of Large Land Position in Historical Lithium Pegmatite Producing Area Near Ohio City, Colorado

United Lithium Corp. Receives BLM Validation of 508 Claims Staked At the Liberty Lithium Project, South Dakota

United Lithium Corp., Annual General Meeting, Dec 07, 2022

United Lithium Corp. Commences Drilling on Kietyönmäki Lithium Project in Finland and Expands Land Position

United Lithium Corp. Provides an Update on Recent Exploration Activities

United Lithium Corp. Establishes Dominant Land Position in Historical Lithium Pegmatite Production Area Near Custer, South Dakota

High number of new and inexperienced directors

United Lithium Corp Adds Second Drill to the Bergby Lithium Project

United Lithium Corp. (CNSX:ULTH) completed the acquisition of a 83.6% stake in Finland Lithium Project from Sunstone Metals Limited (ASX:STM) for CAD 0.87 million.

United Lithium Corp. Provides Update on its Lithium Hydroxide Testing Program

United Lithium Corp Intersects Recently Discovered Spodumene-Bearing Pegmatite in 9 Holes

United Lithium Corp Discovers Two New Lithium Rich Pegmatites At Bergby Project, Sweden, in Ongoing Drill Program

United Lithium Corp. Successful in Improving Lithium Recovery in Chemical Roasting and Microwave Tests

United Lithium Corp. (CNSX:ULTH) signed a definitive agreement to acquire 83.6% stake in Finland Lithium Project from Sunstone Metals Limited (ASX:STM) for CAD 0.81 million.

United Lithium Corp. (CNSX:ULTH) signed a letter of intent to acquire Finland Lithium project from Sunstone Metals Limited (ASX:STM) and Nortec Minerals Corp. (TSXV:NVT).

United Lithium Corp. (CNSX:ULTH) (ULTH) completed the acquisition of Bergby Lithium project from Leading Edge Materials Corp. (TSXV:LEM).

United Lithium Corp. Expands Advisory Board with Addition of Mark Saxon

United Lithium Corp. announced that it has received CAD 9.2 million in funding

United Lithium Corp. Plans 9,000M of Drilling At the Bergby Project in Sweden Post-Acquisition

United Lithium Corp. Appoints Robert Schafer to Board of Directors

United Lithium Corp. Announces Appointment of Mark Ireton to its Board of Directors

United Lithium Corp. announced that it expects to receive CAD 8 million in funding

New 90-day high: €0.57

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age