Investor Presentaiton
NORTHPARKES ACQUISITION SNAPSHOT
Immediate cash
flow supports
deleveraging
~A$120m
cash flow YTD CY231
Attractive
exposure to
copper
FY24E 25kt of Cu
to Evolution²
Ore Reserve
growth upside
5x
The current ratio of Mineral
Resource to Ore Reserve³
Consistent with
our long-asset life
strategy
~30 year
mine life
Near term, low
capital intensity
options available
Mining method
optionality
Large scale
underground
mining experience
At Ernest Henry
Large Mineral
Resource in our
backyard
8 years
copper and gold mine
Operated Cowal since 2015
Commitment to
growth in regional
NSW
2x long-life
operations in central west NSW
A compelling acquisition improving our portfolio
Evolution
MINING
1. Based on operating cash flows less investing cash flows as provided by CMOC for CY2023 October YTD (inclusive). Note this is unadjusted for streaming payments under the Triple Flag Stream
2. Full year Northparkes FY24E forecast production is shown on an 80% attributed basis to Evolution
3. 5x represents the ratio of Mineral Resource (exclusive of Ore Reserve) to Ore Reserve on a total tonnage basis. Evolution reports Northparkes Mineral Resource and Ore Reserve on a 100% basis but is attributed 80%
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