Investor Presentaiton

Funding for Development and Ramp-up BCI MINERALS Up to $360M of new equity and Convertible Notes to be issued¹ LIMITED Forms part of BCI's $460M total equity contribution to the Mardie Project, subject to shareholder approvals Additional to the recently secured $740M of Mardie Project debt² $740M NAIF³ $490M 62% EFA4 $110M BCI Minerals Limited 38% Up to $460M Total funding up to ~$1.2 billion Banks $140M5 Mardie Salt & Potash Project Banks Support Facilities $170M5 Placement up to $240M SPP $20M+ Con Notes Series 2&3 up to $100M Cash, Earnings & Corporate Debt $100M6 ¹Subject to the conditions of draw 2All facilities remain conditional on formal documentation, securing required tenure & approvals, equity funding, offtake arrangements, and other customary conditions precedent. ³Northern Australia Infrastructure Facility 4 Export Finance Australia 5Aligned with the Asia Pacific Loan Markets Associations' and Loan Market Association's Green Loan Principles. 6Total contribution prior to first Project Debt drawdown subject to future earnings performance of Iron Valley and Corporate debt facility under negotiation. 17

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