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Investor Presentaiton

OUTSTANDING QUALITY PORTFOLIO Ernest Henry (2040)1 Copper and gold exposure ▪ LOM supported by current feasibility study (Mar 2025) ■ Extensive resource and reserve growth opportunity Mt Rawdon ■ Innovative option on transition to renewable energy source following resource depletion in ~18 months Investment decision - Dec 2024 Red Lake (2038)1 Targeting consistent production of ~200koz pa ■ Stable cash generation Mungari (2038)1 Current expansion project to double mill capacity, extend LOM to 2038 and lower AISC Commissioning on track (March 2026) Northparkes (~2053)² Increases group copper and gold exposure Long history of stable cash generation Lower near-term capital intensity with mining method optionality Cowal (2040)1 Production now supplemented by higher margin underground operations Expansion potential in open pit and underground mining Asset legend Copper and gold Gold Accretive acquisition that improves quality of portfolio Evolution MINING 1. Refers to current FY24 life of mine plan 2. Based on a ~30 year mine life 28
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