Q2 2025 Earnings Presentation August 5, 2025 © 2025 Esperion Therapeutics, Inc. All rights reserved. Forward-looking Statements & Disclosures This investor presentation contains forward-looking statements that are made pursuant to the safe harbor provisions of the federal securities laws, including statements regarding marketing strategy and commercialization plans, current and planned operational expenses, expected profitability, future operations, commercial products, clinical development, plans for poten ...

Rhythm Pharmaceuticals Second Quarter 2025 Financial Results and Business Update August 5, 2025 ® © Rhythm® Pharmaceuticals, Inc. All rights reserved. On Today's Call ® ® 2 • David Connolly, Executive Director of Investor Relations and Corporate Communications • David Meeker, MD, Chair, President and Chief Executive Officer • Jennifer Lee, Executive Vice President, Head of North America • Yann Mazabraud, Executive Vice President, Head of International • Hunter Smith, Chief Financial Officer Forward-looking ...

Strategic Transformation - SVC is transforming into a majority net lease REIT by selling a significant portion of its hotel portfolio[10, 18] - Anticipated gross proceeds from hotel sales in 2025 are $966 million[21] - Net lease assets will represent 71% of pro forma Adjusted EBITDAre for LTM 2Q25 after the hotel sales[21] - 114 hotels (14,925 keys) are earmarked for sale in 2H25, with $900 million under binding agreement[21] Financial Highlights - SVC's LTM Adjusted EBITDAre is $565.238 million[147] - Pro Forma Net Debt / LTM Adjusted EBITDAre is expected to be 93x after hotel dispositions[40] - SVC has $60 billion of unencumbered assets pro forma for anticipated hotel dispositions[45] Net Lease Portfolio - The net lease portfolio has 742 properties with $3865 million in annualized minimum rent[13] - TravelCenters of America (TA) accounts for 68% of annualized minimum net lease rents as of 2Q25[21] - Approximately 97% of net leases have embedded growth through contractual rent escalators[21] Hotel Portfolio - The pro forma hotel portfolio will consist of 84 hotels with 19,942 keys[23, 29] - The pro forma hotel portfolio is expected to generate $144 million in EBITDA[29] - The ADR for the pro forma hotel portfolio is expected to be $17180 and RevPAR is expected to be $10840[29]

Financial Performance - System sales grew by 4% YoY in Q2, excluding F/X impact[5] - Same-store sales increased by 1% YoY in Q2[5] - Operating Profit reached $304 million in Q2, a 14% increase YoY[5] - Diluted EPS grew to $0.58, a 5% increase YoY, or 15% excluding mark-to-market impact & F/X[5] - Digital sales exceeded $5 billion in 1H 2025[15] Store Expansion and Franchising - The company added 336 net new stores in Q2 and 583 in 1H[7] - Net new unit contribution to system sales was 4% in Q2[7] - KFC has 12,238 total stores, with 14% franchised[10] - Pizza Hut has 3,864 total stores, with 6% franchised[10] Brand Performance - KFC system sales grew by 5% YoY, with a 1% increase in same-store sales in Q2[20] - KFC's operating profit margin was 14%, a 90 bps increase YoY[20] - Pizza Hut system sales grew by 3% YoY, with a 2% increase in same-store sales in Q2[27] - Pizza Hut's operating profit grew by 16% YoY, with an operating profit margin of 83%, a 90 bps increase YoY[27] Capital Returns - The company targets $3 billion in capital returns for 2025-26 and $45 billion for 2024-26[37] - Net cash by the end of June 2025 was $28 billion[37]

Financial Performance & Growth - Westgold achieved a record Q4 FY25 and FY25, closing with $364 million in cash, bullion, and liquid investments[33, 34] - In Q4 FY25, Westgold produced 88,022 ounces of gold at an AISC (All-In Sustaining Cost) of $2,688/oz and sold 71,500 ounces at an average price of A$5,174/oz, generating revenue of A$370 million[36] - Westgold reported a record quarterly treasury build of $132 million in Q4 FY25[27, 36] Operational Highlights & Future Plans - Westgold is transitioning to predominantly longitudinal open stoping at the South-Junction mine, expecting paste fill to commence in late Q1 FY26, enabling 100% orebody extraction[41] - Great Fingall virgin stopes are expected to bring higher grade ore, with first ore to the Bluebird mill in Q2 FY26, displacing low-grade stockpiles[44] - Westgold plans to expand Beta Hunt to >2Mtpa with infrastructure projects progressing, including clean water supply and primary vent upgrades[50] - The company aims to expand Bluebird-South Junction to 1.2Mtpa and grow the Fletcher Zone[69] Resource & Reserve Updates - The Fletcher Zone Maiden Mineral Resource was reported as 31 million tonnes @ 2.3g/t for 2.3 million ounces of gold at the end of Q4 FY25[56, 85] - At the end of Q1 FY25, the Bluebird-South Junction Mineral Resource was reported as 14.969 million tonnes @ 2.9g/t for 1.37 million ounces of gold[85] - At the end of Q1 FY25, the Starlight Open Pit & Underground Mineral Resource was reported as 12.9 million tonnes @ 2.7g/t for 1.13 million ounces of gold[85]

Project Overview - Antipa Minerals holds a 100% ownership of the Paterson Province landholding, featuring the Minyari Dome gold-copper development project[1] - The project has a pre-tax NPV7% of A$834 million at a gold price of A$3,000 per ounce[16, 21] - The project has a gold equivalent resource of 2.9 million ounces[21] - The project has a contained gold only resource of 2.4 million ounces[21] Financials and Operations - The initial gold output is projected at 1.3 million ounces, averaging 130,000 ounces per year for the first 10 years[21] - The initial capital cost is estimated at A$306 million, including A$90 million for pre-production mining[21] - The project anticipates a 3 Mtpa throughput for a 10+ year initial processing life[21] - The project has an IRR of 52% pre-tax at a gold price of A$3,000 per ounce[21] Exploration and Resources - The company has A$71 million cash position[16] - The company has a land package of over 4,100km2[16] - The company has a mineral resource of 2.5 Moz of gold, 84,000 t of copper, and 666 koz of silver[16]

Production and Growth - The company targets an increased production of 175-195 thousand ounces of gold per annum in FY27[26] - FY26 production guidance is set at 130-150 thousand ounces of gold, with an All-In Sustaining Cost (AISC) between A$2,600-2,900 per ounce[41] - FY25 saw a total gold production of 126 thousand ounces, with 130 thousand ounces sold at an AISC of A$2,422 per ounce[41] - The company has an exploration target of 1.5-2.5 million ounces of gold down plunge from known mineralization[26] Resources and Reserves - The company's global Mineral Resource stands at 3.1 million ounces of gold, comprising 6.3 million tonnes at 9.7 g/t gold for 2.0 million ounces Indicated and 4.4 million tonnes at 7.9 g/t gold for 1.1 million ounces Inferred[27] - The Probable Underground Ore Reserve is 8.48 million tonnes at 4.7 g/t gold for 1.28 million ounces, with a total Ore Reserve of 8.57 million tonnes at 4.7 g/t gold for 1.29 million ounces[115] Financial Position - As of June 30, 2025, the company had A$152 million in total liquidity, with a net cash position of A$52 million after accounting for A$100 million in bank debt[37] - The company has forward gold sales commitments totaling 152,000 ounces at an average price of A$2,843 per ounce[38] Sustainability - The Bellevue Gold Project has achieved net zero (Scope 1 and Scope 2) greenhouse gas emissions for H1 CY25[9, 112] - The company's power station has a 90 MW hybrid capacity, including 24 MW wind, 27 MW solar, 24 MW thermal, and a 15 MW/ 29 MWh Battery Energy Storage Solution (BESS)[101]

Diggers & Dealers Mining Forum August 2025 PHOTO OF EAST WALL OF TREKELANO OPEN PIT For personal use only Statements and Disclaimers Competent Persons Statement The information in this document that relates to all exploration results is based upon information compiled by Mr Robert Watkins. Mr Watkins is a Director and shareholder of the Company and a Member of the AusIMM. Mr Watkins consents to the inclusion in the report of the matters based upon the information in the form and context in which it appears. ...

Financial Performance - Total revenue for Q2 2025 was $1,553 million, with underlying revenue growth of +6.7% and reported growth of +7.8%[13] - H1 2025 revenue reached $2,961 million, a 4.7% reported growth compared to $2,827 million in H1 2024[36] - H1 2025 trading profit margin was 17.7%, a +100 bps expansion compared to 16.7% in H1 2024[36] - Adjusted Earnings Per Share (EPSA) for H1 2025 was 42.9¢, a 14.1% increase from 37.6¢ in H1 2024[47] - Free cash flow for H1 2025 was $244 million, significantly improved from $39 million in H1 2024[53] Business Segment Performance - Orthopaedics revenue in Q2 2025 was $615 million, with underlying growth of +5.0%[16] - Sports Medicine & ENT revenue in Q2 2025 was $479 million, with underlying growth of +5.7%[19] - Advanced Wound Management (AWM) revenue in Q2 2025 was $459 million, with underlying growth of +10.2%[27] Regional Performance - US revenue in Q2 2025 grew by +8.7% to $827 million[13] - Emerging Markets revenue in Q2 2025 decreased by -0.2% to $256 million, but grew +12.2% excluding China[13] Strategic Initiatives - A $500 million share buyback is planned for H2 2025, funded by 2025 cash flow and existing balances[9] - The company is targeting total gross run-rate savings of approximately $325-375 million in 2027 through efficiency opportunities[44]

Financial Performance & Production - Liontown produced over 320,000 wmt of spodumene concentrate at 5.2% grade in FY25, or >294,000 dmt allowing for 8% moisture[33, 78] - The company's revenue reached A$301 million with an average realised price of A$1,061 per ~SC5.2 dmt (CIF)[34] - H2 FY25 unit operating cost was A$802 per dmt sold (FOB), and AISC was A$1,081 per dmt sold (FOB)[34] - Liontown maintains a strong cash balance of approximately A$156 million, with ~11,000 dmt of saleable concentrate on hand[34] Mining & Operations - The company is transitioning to 100% underground mining and production by Q3 FY26[61, 78] - The mine plan strategically prioritizes high-margin ore, with an average of ~1.47% Li2O stope grade mined over 5 years[38] - Capital declines are advancing to 405m below surface by the end of FY30, securing access to future material[40] - The long-term underground plan is designed for efficiency, supporting a 2.8Mtpa run rate from Q2 FY27[43] Future Targets & Expansion - Liontown targets 365-450 kdmt concentrate production in FY26 with an expected grade of 5.2% Li2O[61] - The company aims for a 70% recovery target at the plant by Q3 FY26[61, 78] - The company expects low-cost, scalable operations from FY27[61, 78] - The company is positioned for a low-capex intensity expansion pathway from 2.8Mtpa to 4Mtpa[72, 79]