Investor Presentaiton

MERDEKA COPPER GOLD AIM Overview AIM is a highly strategic asset and is well positioned to benefit from the growth in acid demand expected as additional HPAL plants are constructed at IMIP and across Indonesia Overview 11. MERDEKA BATTERY 青山控股 TSINGSHAN MATERIALS 1.2Mtpa 80% MBMA Ownership Acid Production Achieve Commercial 2024 Production Product · Feedstock Status • Acid and steam for use in HPAL plants Copper, gold, silver and iron ore pellets High-grade pyrite (FeS2) feedstock secured from Wetar for ~20 years First acid production in 1Q 2024 Location · IMIP AIM Facilities 19

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