Boliden (OTCPK:BDNN.Y) Earnings Call Presentation

Guidance 2026 Mikael Staffas, President and CEO Håkan Gabrielsson, CFO December 5, 2025 2026 Outlook Mines Smelters Capital Expenditure Guidance 2026 2 • First full year with Somincor and Zinkgruvan • Higher grades in open pits • Increased milled volume • Aitik (less diorite), Garpenberg (expanded permit), the Boliden Area (Kristineberg expansion) and Tara (ramp-up) • Changed tax levels in Finland • Potentially increased annual costs of EUR 20-30 m in Kevitsa • Increased zinc and precious metal production i ...