Investor Presentaiton

Porphyry Project Potential EBITDA generation • • Commodity $2.50/lb $3.00/lb $3.50/lb $4.00/lb Prices / EBITDA pa $1,200/oz $204m $274m $344m $414m $1,300/oz $221m $291m $361m $431m $1,400/oz $238m $309m $379m $449m MERDEKA COPPER GOLD Minimum 25 year mine life SLC Operation does not sterilise remaining mineral resource - Additional ~400Mt at 0.6% Cu and 0.6 g/t Au to underpin "second stage long life mine" PT Merdeka Copper Gold Tbk. 29

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