Investor Presentaiton

TB Gold Project Production Information Coventional Open Pit Mining Method Metals Gold and Silver Mineralisation Type MERDEKA COPPER GOLD Operational & Financial Performance 2017 2018 2019 Unit Actual Actual Actual Open Pit Mining Ore Mined M Tonnes 3.3 5.3 7.4 Waste Mined Contained Metal Heap Leach Production Ore Crushed and Stacked M Tonnes 4.1 9.4 8.4 Au oz 224,784 261,140 279,680 M Tonnes Recovered Metal Au oz 3.2 141,468 4.9 167,506 7.4 223,042 Financials Operating cost US$/t 15.8 16.5 13.4 US$/ oz 297 374 409 All-in Sustaining Costs Sales US$/ oz 425 596 620 US$m 133 235 312 Operating EBITDA US$m 100 155 201 Process Method Recovery Oxide Mineral Reserves Oxide Mineral Resources Workforce High Sulphidation Epithermal Oxide Heap Leach Gold 79% and Silver 13% 0.9 Moz Au contained; 35 Moz Ag contained 1.4 Moz Au contained; 59 Moz Ag contained 2,400 employees and contractors Cash Costs Open Pit Mining Heap Leach Source: Company filings. Reserve information as at 31 December 2019 (http://www.merdekacoppergold.com/en/operation/resources reserves). 8

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