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Investor Presentaiton

HERMOSA PROJECT Only advanced project in the US with the potential to produce two critical minerals, zinc and manganese, recently confirmed as the first mining project to be added to the FAST-41 process Taylor zinc-lead-silver development option Clark battery-grade manganese- zinc-silver development option Regional resource growth potential Targeting a sustainable operation with 20+ year resource life (a) in the first quartile of the cost curve Advancing discussions with customers to supply battery-grade manganese into rapidly forming North American markets Highly prospective regional land package with identified copper and base metals targets I I 1 Feasibility study and I Pilot plant production commenced, I I I FID expected H2 CY23 starting decline construction H2 CY23 I Notes: a. Refer to important notices (slide 2) for additional disclosure. Exploration ongoing at Peake, planning to drill Flux in H2 CY23 SLIDE 23 SOUTH32
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