Evolution Mining FY24 Guidance Update

PREVIOUS OUTLOOK TO FY24 GUIDANCE PRODUCTION AISC/oz MAJOR CAPITAL Red Lake 30koz lower as previously announced Previous FY24 Outlook of $1,240/oz updated for: Previous FY24 Outlook of $330-380M updated for: Evolution MINING Lower production $50/oz at Red Lake Higher gold price Cowal underground timing (from FY23) $20-30M assumption $15/oz (royalties) Mungari expansion timing $45-50M Higher inflation in FY23 and (from FY25) $70/oz Ernest Henry expected in FY24 $15-20M tailings 45

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