Investor Presentaiton

29 M Capricorn Copper Restart Status ESS Remediation • ■ • ESS sublevel cave mining resumption is Phase 2 of Capricorn Copper Recovery Plan Critical path is dewatering timeframe with ground support renewal being conducted in parallel with dewatering progress Underground dewatering and ground support rehabilitation commenced Conservative stoping restart schedule to manage for potential risk of flow of fine, wet ore from draw points Other possible historical analogous flooded mines are Big Bell and Mt Lyell. 29M in dialogue with prior operators to gain additional knowledge Future Resilience • • Conversion to 100% recycled water use for operations positions the site with a negative water balance Reinstatement and improvement of clean water diversion Replacement warehouse, workshops and water treatment plant to be re-established at higher locations All weather roads constructed to critical wet-season water management infrastructure ESS Ground Support Rehabilitation 107 13

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