Investor Presentaiton

MERDEKA COPPER GOLD MBM Development Strategy MBM's various high quality EV value chain assets in Indonesia establishes MBM as a vertically integrated, global player in the strategic minerals and EV battery value chain Map of MBM's Assets - Central and South East Sulawesi, Indonesia Parutuliang MBM Haul Road - Under Construction 1 4 SCM IKIP MBM Haul Road ~20km1 The Huayou slurry pipeline runs in parallel to the haul roads BDM Haul Road2 ~30km Limonite stockpiles IKIP HPAL is expected to ultimately consume ~40Mtpa of nickel limonite ore from SCM Mine's large resource base. IKIP will be focused on hydrometallurgy technology for nickel processing through high pressure acid leach plants HPAL3 Pombangie 2 3 IMIP Labota Talowa Baai Sulawesi, Indonesia 1 SCM Mine 2 3 3x RKEF Smelters (CSI,BSI,ZHN) Acid Iron Metal (AIM) IKIP and Other 4 MBM Assets (including HPALS) 1. 20km is from SCM Mine's IUP boundary to BDM's haul road; it excludes the roads inside SCM Mine's IUP 2. 3. BDM means Bintangdelapan Minerals. MBM's haul road connects to BDM's haul road, and MBM has signed a long-term agreement to use BDM's haul road for transporting nickel ore HPALS future location within IKIP Under Development ZHN - Under Construction AIM-Under Construction Illustrative Image 13

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