GAO YUAN 4

What Happened

• Gao Yuan, a director of Lithium Americas Corp. (LAC), received a grant of 10,368 deferred share units (DSUs) on July 6, 2026. The reported grant was a derivative award (Transaction Code A) with a reported acquisition price of $0.00 and $0 total cash consideration.

Key Details

• Transaction date: 2026-07-06; Form 4 filed: 2026-07-08 (filed within the typical 2-business-day window, not marked late).
• Grant size: 10,368 DSUs; reported price per unit: $0.00; reported total value: $0 (derivative award).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote (F1): Each DSU represents the right to receive one common share. Underlying shares are not issued and the reporting person has no voting or dispositive rights until termination of service. U.S. participants: settlement six months after termination; non‑U.S. participants: settlement on the 20th business day after termination.

Context

• This was a compensation grant (deferred equity) rather than an open‑market purchase or sale. DSUs are a deferred share award that do not convey immediate ownership, voting rights, or cash proceeds until settlement following the director’s departure, so the grant is a routine compensation event rather than an active market trade.