Argo Mining Profitability and Expansion Update

Track Record of Growth Revenue & Adj. EBITDA ($millions)¹ $100.1 $1.1 FY 2018 350 % CAGR $11.6 $1.4 FY 2019 $25.6 ($5.2) 18 1. Please see Appendix for reconciliation of non-IFRS measures to IFRS. $7.9 FY 2020 $72.4 200MW of additional capacity in 2022 will drive top line growth FY 2021 Revenue Adj. EBITDA argo

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