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Investor Presentaiton

PATH FORWARD FOR THE STIBNITE GOLD PROJECT¹ U.S. Forest Service identified Perpetua's Proposed Plan as Preferred Alternative² in Supplemental EIS March 2024 Final Record of Decision December 2023 Final EIS and Draft Record of Decision October 2022 Supplemental Draft Environmental Impact Statement (EIS) identified Preferred Alternative Mid 2024 Ancillary permits and Project Financing Mid 2024 Construction Decision 2027 Commercial operations and ongoing restoration Preferred Alternative a major milestone providing clarity for remainder of the NEPA process 1 See forward-looking statements at the beginning of this presentation. Based on USFS schedule published in October 2023. 2 Under NEPA, a "Preferred Alternative" is identified by a Federal Agency in a DEIS to let the public know which action the agency is leaning toward selecting as final. 17
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