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]

Financial Performance Highlights - 2Q25 revenue reached NT$56.73 billion, a 4.8% increase year-over-year, marking a 10-year high for any second quarter since 2016[13, 48] - H1 2025 revenue reached NT$112.54 billion, a 3.2% increase year-over-year, marking a 9-year high for any first half since 2016[13, 48] - 2Q25 net income was NT$10.17 billion, a 3.5% increase year-over-year, marking an 8-year high for any second quarter since 2017[13, 48] - H1 2025 EPS was NT$2.57, a 3.9% increase year-over-year, marking an 8-year high for any first half since 2017[13, 48] - 2Q25 EBITDA reached NT$22.58 billion, a 3.5% increase year-over-year, marking a 12-year high for any second quarter since 2014[13, 48] - The company's operating results exceeded the high-end earnings guidance[13, 55] Business Segment Performance - Mobile service revenue increased by NT$0.33 billion, a 2.0% increase year-over-year[16] - Fixed broadband revenue increased by NT$0.20 billion, a 1.8% increase year-over-year[22] - ICT emerging business revenue increased by 24.9% year-over-year, with IDC growing by 30.1%[12] - Group enterprise ICT revenue increased by 27% year-over-year[29] Strategic Initiatives and Achievements - The company obtained an exclusive commercial license for OneWeb LEO satellite services[13] - The company was upgraded to the highest MSCI ESG 'AAA' Rating[13]

Project Overview - Jaguar Project aims to become the Western World's next major nickel sulphide mine [1] - The project boasts a Tier-1 scale Mineral Resource of 138.2 million tonnes containing 1.2 million tonnes of nickel [4, 9] - It also has a 52 million tonnes Ore Reserve containing 406,100 tonnes of nickel [4, 9] - The project is moving towards a Final Investment Decision (FID) in H1 2026 [7, 61] Financials and Operations - The project anticipates a Life-of-Mine (LOM) Post-Tax operating cash flow of US$2 billion (A$3.12 billion) [10] - It has a Post-Tax Net Present Value (NPV) of US$735 million (A$1.15 million) and a 34% Internal Rate of Return (IRR) [10] - The capital payback period is estimated at 1.8 years [10, 48] - The project targets an average nickel production of 22,600 tonnes per annum (tpa) in the first 7 years [9, 45] - The Life-of-Mine All-In Sustaining Cost (AISC) is projected to be US$4.43/lb Ni (payable basis) [4, 9, 19, 48] Environmental and Approvals - All key environmental approvals have been received, including EIA approval and Preliminary & Installation Licences (LP & LI) [6, 54] - The project has a low carbon footprint, with a forecast of 6.54 tonnes of CO2 per tonne of Nickel [9, 10, 56]

Financial Performance - Organic net sales increased by 1.7%[9], but excluding the Cîroc transaction, the increase was 1.5%[9] - Organic operating profit decreased by 0.7%[10], attributed to overheads, primarily staff costs and strategic investments[10] - Pre-exceptional EPS decreased by 8.6% to 164.2 cents[10], mainly due to a lower Moët Hennessy contribution and unfavorable FX at 103.48c[10] - Free cash flow increased by $0.1 billion to $2.7 billion[9], driven by strong working capital management[10] Strategic Initiatives - The company is implementing the "Accelerate" program to deliver approximately $625 million in cost savings over 3 years[22], with about 50% reinvested for future growth and 50% dropping through to the bottom line[29] - Capital expenditure for fiscal year 26 is guided to be in the range of $1.2-$1.3 billion[47], moving to mid-single-digit % net sales (fiscal 25: 7.7%) over 3 years[47] - The company aims to be well within the leverage target range of 2.5-3.0x net debt/EBITDA no later than fiscal year 28[23] Market Dynamics - Developed markets accounted for 62% of organic net sales, while emerging markets accounted for 38%[67] - The company gained or held share in 65% of measured markets[65] - Non-alcoholic beverages experienced approximately 40% organic net sales growth[88] Regional Performance - North America: Organic sales growth with share gains in TBA led by Don Julio and Crown Royal[69] - Asia Pacific: Weaker performance in China and Travel Retail offset India growth[65] - Latin America and Caribbean: Return to growth[65], with organic sales growth of 9.2%[68]

Company Performance & Growth - Pilbara Minerals Limited (PLS) achieved record FY25 production of 755kt[4] - PLS has ~$1 billion self-funded growth cycle complete and $1.6 billion liquidity[5] - Pilgangoora Mineral Resource updated, delivering a 23% increase in contained lithium[24, 50] - Pilgangoora Resource further grown 10% to 446Mt with grade improvement to 1.28%[25] Strategic Positioning & Diversification - PLS is geographically and strategically diversified with exposure to established and ex-China supply chains[6, 7] - PLS acquired the Colina Project in Brazil, diversifying its asset portfolio[23] - PLS has an 18% interest in a lithium hydroxide (LH) facility in Gwangyang, South Korea, with a nameplate capacity of 43ktpa[32] Market & Industry Trends - The lithium industry is evolving, shaped by volatility, emerging maturity, and rising end-use demand[9] - Clean energy investment in 2025 is projected at US$2.2 trillion, with solar investment at US$450 billion[17] - EV sales grew by 26% from 2023 to 2024, and BESS sales grew by 51%[17] Future Priorities - PLS' FY26 priorities include operational excellence, disciplined cost control, and capital efficiency[36]

Company Overview - RATIONAL has been successful on the stock exchange for 25 years due to innovation and stability[1] - RATIONAL aims to substitute traditional equipment in professional kitchens[32] - RATIONAL holds a strong Net Promoter Score (NPS) of +60, placing it in the "Best in Class" segment[30] - RATIONAL has a global presence in 120 countries[26] Products and Services - iCombi Pro is a combi-steamer with intelligent cooking paths[3] - iVario Pro is a multifunctional cooking system with contact heat[7] - ConnectedCooking is a digital kitchen management system[10] - Equipment revenue is supplemented by recurring non-equipment revenue, with iCombi accounting for 59%, iVario for 10%, and aftersales business for 31% of sales revenues in FY 2024[25] Financial Performance - Sales revenues increased by 6% to 1194 million euros in 2024[50] - The company's EBIT margin was at 26% in Q2 2025[58] - The company proposes a dividend of 1500 euros per share for 2024, with a total payout ratio of 68% and a dividend yield of 18% based on the 2024 year-end share price[69]

Disclaimer The summary information contained in this document has been provided solely for information purposes and does not purport to be comprehensive or contain all the information that may be required by recipients to evaluate Greatland Resources Limited (together, Greatland or Company). This document and the information contained in it has not been independently verified and no reliance should be placed on it or the opinions contained within it. In furnishing this document, the Company reserves the rig ...

Project Overview - WA1 Resources Ltd owns 100% of the Luni niobium project, discovered in late 2022, with first ferroniobium sample produced in 2024 and an Indicated MRE reported mid-2025[6] - The company has A$73 million in cash to advance key project workstreams[6] - The project is advancing with mine design informed by the Indicated MRE, ongoing process testwork, environmental studies, and local engagement[62, 63] Resource Estimate - The Luni niobium deposit contains a total MRE of 220 Mt at 1.0% Nb2O5[18] - Within the total MRE, there is a substantial Indicated MRE of 73 Mt at 1.38% Nb2O5[18] - A high-grade subset within the Indicated MRE is 31 Mt at 2.31% Nb2O5, part of a total subset of 53 Mt at 2.2% Nb2O5[18] - 46% of the niobium contained within the Luni MRE is classified as Indicated[18, 66] Corporate Information - WA1 Resources Ltd's share price was A$16.40 as of August 4, 2025[11] - The company has 68.4 million shares on issue, resulting in a market capitalization of A$1,121 million[11] - The enterprise value of the company is A$1,048 million[11] Niobium Market - Global ferroniobium production is approximately 115ktpa with a price of approximately US$30,000/t[40] - Niobium oxide production is approximately 18ktpa with a price of approximately US$52,000/t of Nb2O5[51] - Ferroniobium is an alloy typically containing ~65% Nb and is primarily used in high-strength low-alloy steels[40]

Project Overview - The Kalgoorlie Nickel Project (KNP) Goongarrie Hub has a project life of over 40 years, with planned production of 30ktpa of nickel and 2ktpa of cobalt[14] - The KNP Goongarrie Hub contains a Mineral Resource Estimate (MRE) of 584Mt at 0.69% Ni and 0.043% Co, for 4Mt of contained Ni and 250kt of contained Co[16] - The project's Definitive Feasibility Study (DFS) is fully funded by Japanese partners Sumitomo Metal Mining (SMM) and Mitsubishi Corporation (MC) up to A$98.5M[21] Partnership and Funding - SMM aims to increase nickel production from 81ktpa (FY23) to 150ktpa[22] - The Consortium (SMM and MC) is funding the DFS up to A$98.5M to earn up to 50% interest in Kalgoorlie Nickel Pty Ltd (KNPL)[21, 137] - Ardea retains 100% ownership of non-Goongarrie Hub KNP projects, including the Kalpini Hub with an MRE of 270Mt at 0.76% Ni and 0.05% Co, containing 2Mt of Ni and 136kt of Co[16, 81] Market and Production - Global MHP and MSP production has increased by over 300% since 2020[33] - Electric Vehicle (EV) sales grew by 28% year-to-date in H1 2025, with 9.1 million units sold[41] - Global energy storage grid deployments increased by 94% year-on-year in January 2025, reaching 13.6GWh[41] Financials and Costs - The Pre-Feasibility Study (PFS) indicates a low C1 Opex before Cobalt credit of US$10,197/t Ni in MHP LOM[65] - The project benefits from a potential 10% refund against processing costs for the first decade under Australia's "Critical Minerals Production Tax Inventive"[70] - The PFS outlines a pre-tax NPV7 of A$7,625M and a post-tax NPV7 of A$4,980M[118]

Investor Presentation Diggers and Dealers, Kalgoorlie ASX: OBM Luke Creagh Managing Director 5 August 2025 For personal use only ORABANDAMINING.COM.AU ORABANDAMINING.COM.AU Forward looking statements IMPORTANT NOTICE AND DISCLAIMER This Presentation dated 5 August 2025 contains summary information about Ora Banda Mining Ltd ABN 69 100 038 266 (Ora Banda Mining or the Company) and its activities based on information available at the time of preparing the Presentation. The information contained in this Presen ...