Investor Presentaiton

December quarter review Record Group EBITDA from operations of US$135.4M underpins increased FY dividend and share buyback NICKEL INDUSTRIES Over 16.7 million LTI-free man hours across all of NIC's operations in 2023 Record RKEF nickel metal production of 34,450 tonnes (100% basis) 1.8% higher than September quarter (33,852 tonnes) RKEF EBITDA of US$85.1M 12.8% lower higher than September quarter (US$97.6M) due to lower realised contract prices reflecting widespread softness across the entire nickel complex modest cost reductions across most operations driven primarily by declining nickel ore, coal and electricity prices Record Hengjaya Mine EBITDA of US$42.0M 81.8% higher than September quarter (US$23.1M) despite lower realised ore prices Full year dividend of 2.5 cents per share 25% increase on prior period On-market share buyback of up to US$100M over the next 12 months announced 2

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