Investor Presentaiton

FINANCIAL SENSITIVITY After-Tax IRR (%) Sensitivity 46% 9.5 Mtpa 42% 38% 34% 29% $1,350 $1,300 $1,250 $1,200 $1,150 After-Tax NPV @ 5% Sensitivity $758 $672 $586 $501 $1,350 $1,300 $1,250 $1,200 $1,150 ASX/TSX: CDV | 9 $415 CARDINAL RESOURCES CARDINAL RESOURCES

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