Evolution Mining FY24 Guidance Update

RENEWABLES - A GREAT OPPORTUNITY AUSTRALIA 2022 36% RENEWABLE NOW 2GW Storage - batteries, pumped hydro etc NEEDED 15GW Grid-scale 量 wind and solar NOW 16GW NEEDED 44GW 2030 82% RENEWABLE QUEENSLAND 2022 23% RENEWABLE Evolution MINING 2032 Now to 2035 70% RENEWABLE ■ 25GW Grid-scale wind / solar ■ 7GW of 24hr pumped storage ■ 1550km of 500kV supergrid Sources: QLD Energy & Jobs Plan Sept 2022, Clean Energy Australia Report 2023 $62B investment 2035 80% RENEWABLE 37

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