Acquisition of Khoemacau

Khoemacau endowment and exploration pipeline Zone 5 Group 166Mt resource supports base-load ~130ktpa for >20 years Endowment • Zone 5 Group mineral resource provides base-load 130ktpa for >20 years • Excellent growth potential with Banana Zone, Boseto and a 4th group emerging as potential hubs • All resources open at depth ⚫ NPF-DKF contact zone² continuing well below modelled resources Expansion potential • Several near mine discoveries beyond initial expansion plans Exploration targets located within the prospective Zone 5 structural corridor Targets display the characteristics to host a large-scale high-grade deposit • Four new discoveries suitable for a 4th group with 0.5Mt+ Cu potential • Zone 5 Group resources open at depth potential for 1.0Mt+ Cu Boseto Group¹ High grade feed options near existing infrastructure. 1.7Mt Notes: 1. Deposits outside of the Zone 5 Group are at a scoping study level and will undergo typical project review gates which may or may not be executed on. 2. Contact point between Ngwako Pan Formation (NPF) and D'Kar Formation (DKF). 28 3.3Mt 1.4Mt 4th Group Emerging¹ A new cluster of new discoveries has emerged with widths >5m and Cu >2%. Banana Zone Group¹ Several production options. Ready for further exploration and optimisation. W MMG

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