1. Business Update ANNUAL RESULTS FY25 27 August 2025 INVESTOR PRESENTATION Presenting Today Chris Meehan Chief Executive Officer Jean McMahon Chief Financial Officer Northlake, Wānaka 2 Jimmy's Point, Launch Bay Hobsonville Point 3 1. Business Update 2. Financial Overview 3. ESG Highlights 4. Market and Outlook Ayrburn, Arrowtown BUSINESS UPDATE Key Highlights For the 12 months ending 30 June 2025 (FY25): $155.4m Revenue $59.5m Gross profit $10.3m Net profit after tax $20.3m Cash 266 Units delivered and se ...

Financial Data and Key Metrics Changes - Revenue for FY '25 decreased by 10.5% to $155.4 million compared to $173.6 million in FY '24 [3][19] - EBITDA for FY '25 was $21.3 million, a decrease of $6.6 million from FY '24 [3][19] - Net profit after tax was $10.3 million, a 34.4% decrease from $15.7 million in FY '24 [4][21] - Cash holdings as of June 30 were $20.3 million [4][23] Business Line Data and Key Metrics Changes - Settled units decreased to 266 in FY '25 from 345 in FY '24 [3][19] - Revenue from residential development was $130.3 million, with an EBITDA of $21.9 million [4] - Commercial revenue increased significantly to $24.7 million in FY '25 from $11 million in FY '24, attributed to Airborne's full year of trading [13][20] Market Data and Key Metrics Changes - The property market in New Zealand remains subdued, particularly in Auckland, with ongoing economic challenges [2][28] - Unemployment continues to rise, and net migration is at its lowest level in ten years [28] - The Queenstown Lakes District is outperforming the rest of the country in housing sales [28] Company Strategy and Development Direction - The company is focusing on its presale strategy and maintaining financial discipline amid market challenges [3][28] - Winton is prioritizing the Sunfield project and South Island operations, where the market remains buoyant [28][29] - The company is cautious about committing further capital until there is a clearer positive outlook in the market [29] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the subdued property market and economic struggles but sees some positive signs, such as a declining official cash rate and increased competition among suppliers [2][28] - The company plans to operate with discipline and has appropriately resourced its team to reflect the current project pipeline [28][29] - Management expresses confidence in the team's ability to excel through the tough property cycle [29] Other Important Information - The company has a land bank yield of approximately 5,750 units, including 877 retirement units [4] - Winton's Airborne Screen Hub and Sunfield project have been accepted into the Fast Track process under the Fast Track Approvals Act of 2024 [8][9] - A confidential commercial settlement was reached with Kianga Ora regarding anticompetitive conduct allegations [9] Q&A Session Summary Question: What kind of market evidence is needed for the next stage of Northbrook Wind Headquarters developments to commence? - Management is looking for clear evidence of contraction in build costs and is monitoring this closely [34] Question: Would the company consider residential sales at the high end of the market? - Management notes that many buyers in this demographic do not have the requirement to sell their current place, which is not a significant driver [36] Question: What is the energy need to see progress at Cracker Bay? - Management indicates that it is mainly a build cost story [37] Question: How has visitation and spend per visitor at Airborne tracked? - Visitation numbers are in line with expectations, and spend per visitor continues to improve [38][39] Question: Is there an update on Northbrook, Avon, Loop, and Christchurch? - Management confirms that consents are in place and plans to sell excess land before proceeding with the village development [43]

Financial Data and Key Metrics Changes - Revenue decreased by 10.5% to $155.4 million in FY '25 from $173.6 million in FY '24 [3][18] - EBITDA for FY '25 was $21.3 million, a decrease of $6.6 million compared to FY '24 [3][18] - Net profit after tax was $10.3 million, a 34.4% decrease from $15.7 million in FY '24 [4][20] - Cash holdings as of June 30 were $20.3 million, with a land bank yield of approximately 5,750 units [4][22] Business Line Data and Key Metrics Changes - Revenue from residential development was $130.3 million, with an EBITDA of $21.9 million, attributed to the settlement of 266 units [4][19] - Commercial revenue increased to $24.7 million in FY '25 from $11 million in FY '24, due to Airborne contributing twelve months of trading [12][19] Market Data and Key Metrics Changes - The property market in New Zealand, particularly in Auckland, remains subdued, with ongoing economic struggles and rising unemployment [2][28] - Net migration is at its lowest level in ten years, and ready-made concrete volumes are below the ten-year average [28] Company Strategy and Development Direction - The company continues to focus on its presale strategy and is cautious in committing further capital until market conditions improve [3][28] - Winton is prioritizing the Sunfield project and South Island operations, where the market remains buoyant [28][29] - The company aims to maximize the value of its master plan for shareholders over the years [13][14] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenging economic conditions but remains confident in the demand for their products [2][28] - The company is optimistic about the potential approval of the Sunfield project and plans to commence development immediately upon receiving it [7][28] - Management expresses gratitude for the dedication of the team and stakeholders during a tough property cycle [29] Other Important Information - The company has entered into several new borrowing facilities for various projects, including an $18.3 million debt facility for Cracker Bay [21][22] - No settlement defaults were experienced during the period, and the board has paused dividend payments to maintain financial discipline [22][23] Q&A Session Summary Question: What kind of market evidence is needed for the next stage of Northbrook Wind Headquarter developments? - Management is monitoring build costs closely and is confident in the demand for the product [33][34] Question: Will residential sales in the high-end market affect development? - Management notes that many buyers in this demographic do not have the requirement to sell their current place [35] Question: What is the energy need for Cracker Bay? - Management indicates that it is primarily a build cost story [37] Question: How has visitation and spend per visitor at Airborne tracked? - Visitation is in line with expectations and continues to improve, with spend per head also tracking upwards [38][39] Question: Is there an update on Northbrook, Avon, Loop, and Christchurch? - Management confirms that consents are in place and plans to sell excess land before proceeding with the village [43]

 Brossard, Quebec - TheNewswire - May 27, 2025 – Windfall Geotek (CSE: WIN) a leader in the use of Artificial Intelligence (AI) since 2005 in the mining sector for digital exploration is pleased to announce the appointment of Mr. Mark Goodman to the Company’s Advisory Committee, effective as of today.  Mark Goodman is a Canadian business executive with a strong background in mining, resource investment, and corporate leadership. Current Roles President & Interim CEO, Copper Road Resources Inc.Appointed in ...

Core Viewpoint - Windfall Geotek has undergone a management restructuring to enhance its leadership and strategic direction in the mining sector, leveraging its expertise in Artificial Intelligence for digital exploration [1][2]. Management Restructuring - The company appointed Michel Fontaine, Marcel Robillard, and Mario Drolet to its board of directors, with Fontaine taking on the role of Interim Chairman, President, and CEO [1][2]. - Daniel Belisle was nominated as the Chief Financial Officer effective March 1, 2025 [1][5]. - Resignations included David Beck from his roles as Chairman, President, and CEO, effective February 21, 2025, along with Dorian Nicol and Joseph Lafleur from their director positions [2]. New Board Members - **Michel Fontaine**: A private investor and entrepreneur with over 20 years in the financial and mining industries, he is the founder of Windfall and has previously served as its President and CEO [2]. - **Marcel Robillard**: An experienced geologist with over 25 years in the mining industry, currently the President and CEO of Puma Exploration Inc. [3]. - **Mario Drolet**: A finance professional with over 30 years of experience, he is the founder and president of MI3 Financial Communications Inc. and has worked with various mining companies [4]. AI and Exploration Strategy - Windfall Geotek has been utilizing AI since 2005 to develop proprietary systems for data analysis and mining exploration, combining public and private datasets [6][10]. - The company aims to validate its AI-generated targets and enhance exploration success rates while also focusing on landmine detection applications [10]. Performance and Success Rate - The AI system has shown a success rate of over 70% when clients actively pursued the targets identified by Windfall [8]. - The company has facilitated over 37 discoveries for clients, with notable successes including kimberlite discoveries in Brazil and the Noront discovery in the Ring of Fire [8][9].