Announcement PDF Resource Rising Stars Conference September 2026 Presented by: Andre Labuschagne DISCLAIMER This investor presentation has been prepared by Aeris Resources Limited (“Aeris” or the “Company”). By attending an investor presentation or briefing, or accepting, accessing or reviewing this presentation, you acknowledge and agree to the terms set out below. SUMMARY INFORMATION This presentation is for information purposes only and should be read in conjunction with the most recent financial reports and other documents lodged by Aeris with the Australian Securities Exchange (“ASX”) in connection with its continuous disclosure obligations. This presentation does not purport to contain all of the information that an investor should consider when making an investment decision nor does it contain all of the information which would be required in a product disclosure statement or prospectus prepared in accordance with the requirements of the Corporations Act. No reliance should be placed on the information or opinions contained in this presentation, which are provided as at the date of this presentation (unless otherwise stated) and to the maximum extent permitted by law, Aeris has no obligation to update the information contained in this presentation. An investment in securities is subject to known and unknown risks, some of which are beyond the control of Aeris. Investors should consult with their own legal, tax, business and/or financial advisors in connection with any acquisition of securities. FINANCIAL INFORMATION All financial information set out in this presentation is expressed in Australian Dollars unless stated otherwise. Investors should be aware that certain financial measures included in this presentation are “non-IFRS financial information” under ASIC Regulatory Guide 230: “Disclosing non-IFRS financial information” published by ASIC and also “Non-GAAP financial measures” within the meaning of Regulation G under the US Securities Exchange Act of 1934 and are not recognised under the AAS or IFRS. Aeris believes the non-IFRS financial information and non-GAAP financial measures provide useful information to users in measuring the financial performance and condition of Aeris. However, investors should note that the non-IFRS financial information and non-GAAP financial measures do not have standardised meanings prescribed by AAS or IFRS. Therefore, the non-IFRS financial information is not a measure of financial performance, liquidity or value under the IFRS and may not be comparable to similarly titled measures presented by other entities, nor should the information be construed as an alternative to other financial measures determined in accordance with AAS or IFRS. Investors are cautioned, therefore, not to place undue reliance on any non-IFRS financial information included in this presentation. FUTURE PERFORMANCE AND FORWARD-LOOKING STATEMENTS This presentation contains certain ‘forward-looking’ statements, opinions and estimates, which are based on assumptions and contingencies that are subject to change without notice and involve known and unknown risks and uncertainties beyond the control of Aeris and its officers. This includes statements about market and industry trends, which are based on interpretations of current market conditions. 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Investors are strongly cautioned against placing undue reliance on forward-looking statements, especially considering the current economic climate and significant volatility, uncertainty and disruption caused by recent world events such as the COVID-19 pandemic and international hostilities and associated economic changes. 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NO NEW INFORMATION STATEMENT This presentation refers to Exploration Results, estimates of Mineral Resources and Ore Reserves contained in the Group Mineral Resource and Ore Reserve Statement as at 30 June 2026 (announced on 30 July 2026 “Group Mineral Resource and Ore Reserve Statement”), as well as an Ore Reserve and Mineral Resource Estimate for Tritton (announced on 21 July 2026 “Major Increase in Tritton Mineral Resources and Ore Reserves”) and prior market announcements released by Aeris, (Prior Reports). The Prior Reports are footnote referenced in this presentation and available from: https://www.aerisresources.com.au/investor. Aeris confirms that it is not aware of any new information or data that materially affects the information included in the Prior Reports and, in the case of Exploration Results, estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the results or estimates in the Prior Reports continue to apply and have not materially changed. Aeris confirms that the form and context in which the Competent Person’s findings are presented in this document have not been materially modified from the Prior Reports. NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES This Presentation does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in the United States. The securities referred to in this Presentation have not been, and will not be, registered under the US Securities Act of 1933 (the "US Securities Act") or the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold, directly or indirectly, to any person in the United States or to any person acting for the account or benefit of a person in the United States unless they have been registered under the US Securities Act (which Aeris has no obligation to do or to procure) or are offered or sold pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the US Securities Act and any applicable securities laws of any state or other jurisdiction of the United States. AERIS RESOURCES Australian mid-tier, copper and gold producer 2 producing operations (FY26: 42.1kt copper eq.)1 Multiple development projects Investing in exploration Substantial copper production and metal inventory Excellent platform for growth 1. Cu Eq t = ((Cu Produced x Cu $/t) + (Au Produced x Au $/oz) + (Ag Produced x Ag $/oz)) / (Cu $/t) Refer to ASX release “FY26 Production Results”, 14 July 2026 for commodity price assumptions. Aeris confirms that it is the Company’s opinion that all the elements included in the metal equivalents calculation have a reasonable potential to be recovered and sold. Delivered on Aeris’ FY26 Strategy Realise value for shareholders 01 Sell non-core assets 02 ✓ Divested North Queensland exploration assets for total consideration up to $15.5M ✓ Completion Q3 FY26 Operational Delivery Tritton ✓ Murrawombie Pit ✓ Constellation on time ✓ Resource extension ✓ LOM Cracow ✓ Golden Plateau ✓ Resource extension ✓ LOM 05 Growth • Focus on life extensions through greenfield exploration ✓ Consider external opportunities Balance Sheet 06 ✓ Repay debt ✓ Assets sales ✓ Consider hedging strategy Unlock Stockman 04 • Update feasibility study 03 Jaguar strategy ✓ Explore to increase resource base ✓ Reduce care and maintenance ✓ Test base metals targets FY26 AT A GLANCE 42.1kt 23kt 49koz $290 million $202 million Group Cu Eq (within guidance) Copper Production (+19% YoY) Cash and receivables (+308% YoY) Gold Production Group guidance achieved and strong balance sheet EBITDA (+81% YoY) Peel acquisition completed CORPORATE OVERVIEW 1. As at 4 Sep 2026 2. As at 30 June 2026 3. As at 30 June 2026 estimate CAPITALISATION Market capitalisation1 $763 million Cash2 $165 million Debt - Tax Losses3 $264 million Senior Executives Board of Directors AIS SHARE PRICE BROKER COVERAGE 0.00 0.10 0.20 0.30 0.40 0.50 0.60 0.70 0.80 Andre Labuschagne Executive Chairman Colin Moorhead Non-Executive Director Michele Muscillo Non-Executive Director Dr Carmen Letton Non-Executive Director Dane van Heerden CFO Paul Harris COO Cameron Schubert CTO Larnie Roberts CPO Brad Cox EGM Exploration TRITTON New South Wales TRITTON OPERATIONS Strategic, cornerstone asset AT A GLANCE Strategic location: In copper-rich, Cobar region, NSW Established infrastructure: Central processing plant, access to grid power and rail network Growth potential: Potential to grow copper production and extend life bringing new mines into production 1.8Mtpa Processing plant capacity 10Mt Ore Reserves 33Mt Mineral Resources1 23.0 kt Cu FY26 production, +19% YoY 1. As at 30 June 2026. See Appendix for Mineral Resource and Ore Reserve Tables. Refer to ASX release “Major Increase in Tritton Mineral Resources and Ore Reserves” dated 21 July 2026 TRITTON’S FUTURE SECURED Fourfold increase in Ore Reserves1 2.4 10 -0.1 -0.4 -0.4 +0.5 +1.5 +3.8 +2.7 +0.2 - 2 4 6 8 10 12 Tonnes (Mt) 1. As at 30 June 2026. See Appendix for Mineral Resource and Ore Reserve Tables. Refer to ASX release “Major Increase in Tritton Mineral Resources and Ore Reserves” dated 21 July 2026 Ore reserves grow to +10Mt containing 180kt Cu1 Total resources of 33Mt containing 540kt Cu1+70% Maiden underground reserve for Constellation of 3.8Mt (62kt Cu)1 Maiden reserve for Mallee Bull of 2.7Mt (66kt Cu)1 Exploration at Budgerygar and Avoca Tank resulted in material resource extensions (+32kt Cu)1 Aeris to release updated life of mine plan and production target in H1 FY27 TARGETING LONG LIFE TRITTON OPERATION 0 2 4 6 8 10 Constellation Mallee Bull Wirlong Budgerygar Tritton & SW Kurrajong Murrawombie Budgery Avoca Tank Resource (Mt) Reserve (Mt) 1. As at 30 June 2026. See Appendix for Mineral Resource and Ore Reserve Tables. Refer to ASX release “Major Increase in Tritton Mineral Resources and Ore Reserves” dated 21 July 2026 Significant resources not yet in reserve FY27 MINE PLAN Increased reliance on open pits Over 1.2Mt Murrawombie ore to be mined in FY27 with pit completed in Q2 FY27 Constellation stripping started, first primary ore to mill in Q3 High ore tonnes and grade in Q4 Avoca Tank stoping to complete in Q1 – develop to continue out to resource extension Underground mining to continue at Tritton and Budgerygar mines CONSTELLATION Updated Ore Reserve supports long-life operation 1. As at 30 June 2026. See Appendix for Mineral Resource and Ore Reserve Tables. Refer to ASX release “Major Increase in Tritton Mineral Resources and Ore Reserves” dated 21 July 2026 Ore reserve1 – 5.3Mt @ 1.5% Cu and 0.6g/t Au Mineral resource1 – 8.4Mt @ 1.9% Cu and 0.6g/t Au 2 years open pit mining Underground after 12 months Significant inferred resource to be converted through drilling Infrastructure capital ~$106M over two years MALLEE BULL New development project from Peel acquisition 1. As at 30 June 2026. See Appendix for Mineral Resource and Ore Reserve Tables. Refer to ASX release “Major Increase in Tritton Mineral Resources and Ore Reserves” dated 21 July 2026 Maiden Ore reserve1 – 2.7Mt @ 2.4% Cu and 0.2g/t Au Mineral resource1 – 7.0Mt @ 1.8% Cu and 0.4g/t Au Approval for exploration decline Permitting and studies underway for full production Current expectation is for production in FY30 Multiple haulage routes still being examined TRITTON EXPLORATION All deposits open at depth AVOCA TANK Successful exploration increased contained copper 13kt after mining depletion1 1. As at 30 June 2026. See Appendix for Mineral Resource and Ore Reserve Tables. Refer to ASX release “Major Increase in Tritton Mineral Resources and Ore Reserves” dated 21 July 2026 BUDGERYGAR Resources and reserves increased with drilling1 1. As at 30 June 2026. See Appendix for Mineral Resource and Ore Reserve Tables. Refer to ASX release “Major Increase in Tritton Mineral Resources and Ore Reserves” dated 21 July 2026 CRACOW Queensland CRACOW OPERATIONS Consistent operation with a long production history AT A GLANCE Location: Cracow, Central Qld Underground gold mine: In continuous production since 2004 Strong history of reserve replacement +1.7Moz gold Produced since 2004 Exploration/ project potential Golden Plateau and Southern Vein Field 40.6 koz Au FY26 production High quality infrastructure CIP plant, grid power GOLDEN PLATEAU Increasing confidence in future mining opportunity 20 1. Refer to ASX releases Golden Plateau Drill Program More Than Doubled as High Grade Drill Results Continue, dated 30 March 2026, Significant Gold Intersections from Golden Plateau Drilling, dated 9 February 2026 and Significant Gold Intersections Continue at Golden Plateau dated 9 June 2026 for more information. 2. Estimated true thickness Drill program underway to test remnant mineralisation around historic stoping areas 14,000m program underway Mineral Resource update expected H1 FY27 Key intersections include1: GPS160 14.2m2 at 9.1g/t Au (Main lode) GPS171 32.2m2 at 1.4g/t Au (Main lode) GPS140 34.5m2 at 3.1g/t Au (South lode) GPS134 7.1m2 at 4.9g/t Au (West lode) GPS130 5.0m2 at 12.7g/t Au (Ferneyside) Drill program underway to test remnant mineralisation around historic stoping areas EXPLORATION Greenfield targets 21 Exploring for a Western Vein Field analogue at the Southern Vein Field Airborne magnetic survey completed to aid finalisation of drill targets under 500m cover Drilling planned for FY27 (limited historical drilling) Western Frontier is an interpreted structural corridor approx. 1km west of current UG infrastructure Potential to drill Western Frontier structure in FY27 targeting multiple high-grade shoots PROJECTS STOCKMAN PROJECT Potential long-life, polymetallic development asset AT A GLANCE Omeo region, Victoria, ~300km NE Melbourne Studies underway Proposed underground mines and conventional flotation plant Strong community support Major permits granted Mining Lease, EIS, tailings permit 17Mt Mineral Resource grading 1.9% Cu, 3.7% Zn, 0.9g/t Au, 34g/t Ag1 H1 FY27 Feasibility update due 1. See Appendix for Mineral Resource and Ore Reserve Tables. JAGUAR Highly prospective exploration project AT A GLANCE Significant resources defined 6.6Mt at 1.4% Cu, 6.3% Zn, 0.6g/t Au, 71g/t Ag1 Mine and plant on care and maintenance Reduced holding costs Highly prospective for both base metals and gold Gold Prospective tenement package along trend from major Eastern Goldfields operations Cu-Zn-Au-Ag 8 new base metals targets being evaluated Exploration planned in FY27 1. See Appendix for Mineral Resource and Ore Reserve Tables. JAGUAR EXPLORATION 25 Base metal targets Gold targets 05 • Focus on life extensions via greenfield exploration DELIVERING ON AERIS’ STRATEGY IN FY27 REALISING VALUE FOR SHAREHOLDERS 01 02 Continually assess assets to ensure value is recognised OPERATIONAL DELIVERY • Murrawombie Pit complete in Q2 • Constellation in production by Q3 • R&R update incl Peel • LOM 5-10 years EXPLORATION / GROWTH • Drilling targeting < 50koz • Drilling at Golden Plateau BALANCE SHEET 06 Capital management and finance optimisation UNLOCK STOCKMAN 04 Feasibility study (Q2) to inform decision on way forward 03 • Low-cost care & maintenance • Finalise priority base metal targets PORTFOLIO SIMPLIFICATION JAGUAR STRATEGY • Golden Plateau mining study Q2 • Get ready to drill Southern Vein Field • Tailings dam lift on time • LOM • Proposed strategy shift to include gold 05 Cracow Tritton Jaguar Tritton Cracow AERIS RESOURCES Australian mid-tier, copper and gold producer 2 producing operations (FY26: 42.1kt copper eq.)1 Multiple development projects Investing in exploration Substantial copper production and metal inventory Excellent platform for growth 1. Cu Eq t = ((Cu Produced x Cu $/t) + (Au Produced x Au $/oz) + (Ag Produced x Ag $/oz)) / (Cu $/t) Refer to ASX release “FY26 Production Results”, 14 July 2026 for commodity price assumptions. Aeris confirms that it is the Company’s opinion that all the elements included in the metal equivalents calculation have a reasonable potential to be recovered and sold. APPENDIX GROUP MINERAL RESOURCES As at 30 June 2026. Refer to ASX announcement “Group Mineral Resource and Ore Reserve Statement” dated 30 July 2026 BASE METALS Category Tonnes Grade Contained Metal Asset (Mt) Cu (%) Zn (%) Au (g/t) Ag (g/t) Cu (kt) Zn (kt) Au (koz) Ag (koz) Tritton Measured 1.8 1.4 - 0.2 4 25 - 11 260 Indicated 19 1.6 0.4 0.4 12 310 37 230 7,300 Inferred 12 1.8 0.1 0.3 5 210 2.0 100 2,100 Total 33 1.7 0.3 0.3 9 540 39 340 9,600 Jaguar Measured 0.50 1.6 5.0 0.3 63 8.0 25 4.0 1,000 Indicated 4.2 1.4 6.4 0.4 67 59 270 53 9,000 Inferred 2.0 1.1 6.5 1.0 83 23 130 62 5,300 Total 6.6 1.4 6.3 0.6 71 90 420 120 15,000 North Qld Measured - - - - - - - - - Indicated - - - - - - - - - Inferred - - - - - - - - - Total - - - - - - - - - Stockman Measured - - - - - - - - - Indicated 15 2.0 3.9 0.9 35 290 570 420 16,000 Inferred 2.5 1.1 2.3 1.1 28 28 57 88 2,200 Total 17 1.9 3.7 0.9 34 320 630 510 19,000 Total Measured 2.3 1.4 1.1 0.2 17 33 25 15 1,300 Indicated 38 1.7 2.4 0.6 27 660 880 700 33,000 Inferred 17 1.6 1.2 0.5 17 260 190 250 9,500 Grand Total 56 1.7 2.0 0.5 24 950 1,100 970 43,000 GOLD Category Tonnes Grade Contained Metal Asset (Mt) Cu (%) Zn (%) Au (g/t) Ag (g/t) Cu (kt) Zn (kt) Au (koz) Ag (koz) Cracow Measured 0.30 - - 3.3 3 - - 34 30 Indicated 2.1 - - 3.1 3 - - 210 220 Inferred 2.6 - - 2.1 4 - - 180 340 Total Grand Total 5.0 - - 2.6 4 - - 430 590 TRITTON MINERAL RESOURCES Deposit Category Grade Contained Metal (Mt) Cu Au Ag Cu Au Ag (%) (g/t) (g/t) (kt) (koz) (koz) Tritton Underground Measured 0.29 0.9 0.10 2 2.7 0.98 23 Indicated 0.24 1.0 0.10 3 2.5 0.77 21 Inferred 0.75 1.1 0.04 2 8.4 0.99 41 Total 1.3 1.1 0.07 2 14 2.7 85 Tritton Remnants Measured - - - - - - - Indicated 0.11 2.5 0.21 9 2.8 0.77 31 Inferred - - - - - - - Total 0.11 2.5 0.21 9 2.8 0.77 31 Tritton Underground Total 1.4 1.2 0.08 3 16 3.5 120 South Wing Measured - - - - - - - Indicated - - - - - - - Inferred 0.85 1.4 0.28 8 12 7.6 230 Total 0.85 1.4 0.28 8 12 7.6 230 Budgerygar Measured 1.0 1.4 0.15 4 15 5.0 150 Indicated 1.0 1.5 0.13 5 15 4.2 170 Inferred 1.2 1.2 0.06 2 15 2.4 78 Total 3.2 1.4 0.11 4 45 12 390 Murrawombie Open Pit (oxide) Measured - - - - - - - Indicated - - - - - - - Inferred - - - - - - - Total - - - - - - - Murrawombie Open Pit (supergene / sulphide) Measured - - - - - - - Indicated 0.63 1.1 0.21 3 7.2 4.4 71 Inferred 0.26 0.3 0.06 1 0.87 0.54 13 Total 0.90 0.9 0.17 3 8.1 4.9 83 Murrawombie Underground Measured - - - - - - - Indicated 0.94 1.2 0.26 4 11 7.9 120 Inferred 0.096 1.4 0.33 5 1.3 1.0 16 Total 1.0 1.2 0.27 4 13 8.9 130 Murrawombie Total 1.9 1.1 0.22 3 21 14 210 Avoca Tank Measured 0.19 2.8 0.88 14 5.4 5.4 89 Indicated - - - - - - - Inferred 1.2 2.2 0.49 8 28 19 320 Total 1.4 2.3 0.54 9 33 25 410 Deposit Category Grade Contained Metal (Mt) Cu Au Ag Cu Au Ag (%) (g/t) (g/t) (kt) (koz) (koz) Constellation Open Pit (oxide) Measured - - - - - - - Indicated 2.0 0.5 0.2 1 10 13 59 Inferred - - - - - - - Total 2.0 0.5 0.2 1 10 13 59 Constellation Open Pit (supergene / sulphide) Measured - - - - - - - Indicated 0.59 1.9 1.03 3 11 20 59 Inferred 0.48 3.4 0.39 2 16 6.0 37 Total 1.1 2.6 0.75 3 27 26 96 Constellation Underground Measured - - - - - - - Indicated 3.2 2.3 0.82 3 73 84 350 Inferred 2.1 2.2 0.67 2 47 45 120 Total 5.3 2.3 0.76 3 120 130 470 Constellation Total 8.4 1.9 0.62 2 160 170 630 Budgery Open Pit (oxide) Measured - - - - - - - Indicated 0.011 1.4 0.06 - 0.16 0.021 - Inferred - - - - - - - Total 0.011 1.4 0.06 - 0.16 0.021 - Budgery Open Pit (supergene / sulphide) Measured - - - - - - - Indicated 1.0 1.3 0.15 - 13 5.0 - Inferred 0.069 1.3 0.24 - 0.88 0.53 - Total 1.1 1.3 0.16 - 14 5.5 - Budgery Underground Measured - - - - - - - Indicated 0.46 0.9 0.12 - 4.3 1.8 - Inferred 0.13 0.9 0.01 - 1.2 0.043 - Total 0.59 0.9 0.10 - 5.5 1.8 - Budgery Total 1.7 1.2 0.14 - 20 7.4 - Kurrajong Measured - - - - - - - Indicated - - - - - - - Inferred 2.0 1.7 0.18 5 35 12 330 Total 2.0 1.7 0.18 5 35 12 330 Deposit Category Grade Contained Metal (Mt) Cu Au Ag Cu Au Ag (%) (g/t) (g/t) (kt) (koz) (koz) Mallee Bull Measured - - - - - - - Indicated 6.3 1.8 0.41 30 110 82 6,000 Inferred 0.76 1.9 0.11 21 14 2.7 510 Total 7.0 1.8 0.38 29 130 84 6,500 Wirlong Measured - - - - - - - Indicated 2.3 1.9 0.03 6 44 1.5 440 Inferred 2.0 1.5 0.02 5 30 1.9 320 Total 4.3 1.7 0.02 6 74 3.4 770 ROM Stockpiles Measured 0.28 0.9 - - 2.5 - - Indicated - - - - - - - Inferred - - - - - - - Total 0.28 0.9 - - 2.5 - - Total Measured 1.8 1.4 0.20 4 25 11 260 Indicated 19 1.6 0.37 12 310 230 7,300 Inferred 12 1.8 0.26 5 210 100 2,000 Grand Total 33 1.7 0.32 9 540 340 9,600 As at 30 June 2026. Refer to ASX announcement “Major Increase in Tritton Ore Reserves and Mineral Resources” dated 21 July 2026 GROUP ORE RESERVES As at 30 June 2026. Refer to ASX announcement “Group Mineral Resource and Ore Reserve Statement” dated 30 July 2026 BASE METALS Category Tonnes Grade Contained Metal Asset (Mt) Cu (%) Zn (%) Au (g/t) Ag (g/t) Cu (kt) Zn (kt) Au (koz) Ag (koz) Tritton Proved 0.75 1.2 - 0.1 3 9.2 - 2.4 63 Probable 9.4 1.8 - 0.4 11 170 - 120 3,200 Total 10 1.7 - 0.4 10 180 - 130 3,200 North Qld Proved - - - - - - - - - Probable - - - - - - - - - Total - - - - - - - - - Stockman Proved - - - - - - - - - Probable 9.8 1.8 3.5 0.8 31 180 340 260 9,800 Total 9.8 1.8 3.5 0.8 31 180 340 260 9,800 Total Proved 0.75 1.2 - 0.1 3 9.0 - 2.4 60 Probable 19 1.8 1.8 0.6 21 340 340 380 13,000 Grand Total 20 1.7 1.7 0.6 20 350 340 390 13,000 GOLD Category Tonnes Grade Contained Metal Asset (Mt) Cu (%) Zn (%) Au (g/t) Ag (g/t) Cu (kt) Zn (kt) Au (koz) Ag (koz) Cracow Proved 0.19 - - 2.3 2 - - 14 12 Probable 1.0 - - 2.1 2 - - 68 62 Total 1.2 - - 2.1 2 - - 82 74 TRITTON ORE RESERVES As at 30 June 2026. Refer to ASX announcement “Major Increase in Tritton Ore Reserves and Mineral Resources” dated 21 July 2026 Deposit Category Tonnes Grade Contained Metal (Mt) Cu Au Ag Cu Au Ag (%) (g/t) (g/t) (kt) (koz) (koz) Tritton Underground Proved - - - - - - - Probable 0.10 1.2 0.06 2 1.2 0.21 6.3 Total 0.10 1.2 0.06 2 1.2 0.21 6.3 Budgerygar Proved 0.45 1.4 0.10 3 6.1 1.4 50 Probable 0.47 1.4 0.12 5 6.8 1.7 72 Total 0.92 1.4 0.11 4 13 3.1 120 Murrawombie Open Pit (supergene / sulphide) Proved - - - - - - - Probable 0.82 1.3 0.26 4 10 6.7 110 Total 0.82 1.3 0.26 4 10 6.7 110 Avoca Tank Proved 0.061 1.7 0.50 7 1.0 1.0 13 Probable - - - - - - - Total 0.061 1.7 0.50 7 1.0 1.0 13 Constellation Open Pit (oxide) Proved - - - - - - - Probable 0.82 0.8 0.26 1 6.9 6.8 34 Total 0.82 0.8 0.26 1 6.9 6.8 34 Constellation Open Pit (supergene / sulphide) Proved - - - - - - - Probable 0.64 1.7 0.95 3 11 19 64 Total 0.64 1.7 0.95 3 11 19 64 Constellation Underground Proved - - - - - - - Probable 3.8 1.6 0.60 3 62 73 360 Total 3.8 1.6 0.60 3 62 73 360 Mallee Bull Underground Proved - - - - - - - Probable 2.7 2.4 0.18 29 66 15 2,500 Total 2.7 2.4 0.18 29 66 15 2,500 ROM Stockpiles Proved 0.24 0.9 - - 2.1 - - Probable 0.041 1.1 - - 0.43 - - Total 0.28 0.9 - - 2.5 - - Total Proved 0.75 1.2 0.10 3 9.2 2.4 63 Probable 9.4 1.8 0.41 11 170 120 3,200 Grand Total 10 1.7 0.38 10 180 130 3,200 FY27 GUIDANCE Group FY27 Guidance FY26 Actual Production Copper kt 22 - 27 23 Gold koz 42 - 51 49 Silver koz 130 - 160 256 Copper equivalent kt 37 - 46 42 Operating Costs Mine operations $M 320 - 390 332 Care & maintenance $M 3 - 4 12 Corporate $M 24 - 29 26 Capital Costs Sustaining $M 81 - 98 71 Growth & projects $M 170 - 210 102 Exploration $M 29 - 35 17 Tritton FY27 Guidance FY26 Actual Production Copper kt 22 - 27 23 Gold koz 8 - 10 8 Silver koz 100 - 130 229 Operating Costs Mine operations $M 210 - 260 219 Capital Costs Sustaining $M 54 - 65 54 Growth $M 160 - 190 93 Exploration $M 10 - 12 7 Cracow FY27 Guidance FY26 Actual Production Gold koz 34 - 41 41 Operating Costs Mine operations $M 110 - 130 113 Capital Costs Sustaining $M 27 - 33 17 Growth $M 14 - 17 8 Exploration $M 12 - 15 8