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Investor Presentaiton

MINING OVERVIEW Underground operations E48 first lift (E48L1) - Commissioning completed in mid-2011 (block caving method) 100% automated mining achieved in October 2015 E48 scheduled to be completed within EVN's FY24 E48 second lift (E48L2) is part of the LOM plan Mining of E48 deposit will be stopped by end of December 2023 due to faster than expected grade decline E26 E26 mining areas comprised of L1, L2, L1N block caves and the E26SLC Current mining is focused on E26SLC (commenced 2016) and E26L1N block cave (commenced 2022) E26SLC consists of 4 sub levels with 2 more levels under development Evolution's potential LOM scenario 2 3 4 Equipment and site overview SELF Mining Operations Centre: Fully automated mining focused on safety and efficient mining E48 Operations Centre (mill, haulage, office) 2023 2026 Baseload Mining E26L1, E26 SLC, Open Pits & Stockpiles 2027-2031 E22 SLC option to replaces Open Pits & Stockpiles 2032 - 2042 Production is Predominantly GRP314 & E26L3 Blockcaves Evolution MINING 2042 - LOM E48L2 Blockcaves plus Other Opportunities E26 Headframe is centrally located amongst block cave suitable deposits 34 34
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