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Copper Price Chart Past 5 Years (US$/t) MERDEKA COPPER GOLD 8,000 7,500 7,000 CAGR: +4.36% Total Growth:+23.8% 6,500 6,000 5,500 5,000 4,500 4,000 7/30/15 1/30/16 7/30/16 1/30/17 7/30/17 Source: Bloomberg www 1/30/18 7/30/18 1/30/19 7/30/19 1/30/20 7/30/20 33

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