Business Strategy & Growth Drivers - Cimpress is focused on helping millions of businesses build brands and grow through custom print and promotional products[37] - Elevated products are driving increased customer lifetime value (LTV) and wallet share[36, 139] - The company is investing in its Mass Customization Platform (MCP), manufacturing, and AI to reduce costs and improve product development[36, 83] - Cimpress is expanding its addressable market and wallet share with elevated products, which customers value more highly[58] Financial Performance & Outlook - Cimpress aims for an FY28 adjusted EBITDA of at least $600 million and significantly lower net leverage[36, 139] - Cross-Cimpress fulfillment (XCF) drove over $15 million of incremental FY25 gross profit from COGS alone[97] - The company projects FY26 revenue growth of 5%-6% and adjusted EBITDA of at least $450 million[375] - Cimpress anticipates FY28 constant-currency revenue growth of 4%-6% and adjusted EBITDA of at least $600 million[380] Strategic Initiatives - Cimpress is focused on design enablement to help customers create quality designs, integrating AI to improve efficiency[115, 118] - The company is bringing the Upload & Print model to North America, leveraging Pixartprinting's capabilities[268, 292] - Cimpress is committed to operating within its leverage policy, targeting net leverage at or below approximately 2.5x trailing-twelve-month EBITDA[373]

PLS Project & Equity Raising Overview - Paladin is undertaking an equity raising to advance the Patterson Lake South Project (PLS Project) towards a Final Investment Decision (FID) [45] - The equity raising aims to provide balance sheet flexibility alongside the ongoing ramp-up of operations at the Langer Heinrich Mine [45] - The equity raise is for A$300 million, including an ASX placement of A$231 million, a Canadian bought deal of C$30 million (~A$33 million), and a sale of ~A$36 million of existing Paladin shares [48] - A Share Purchase Plan (SPP) will invite eligible shareholders to participate, aiming to raise up to an additional A$20 million [48] - The offer price is A$725 per share, representing an 80% discount to the last close and an 81% discount to the 5-day VWAP on 15 September 2025 [48] Use of Funds - Proceeds will be used for PLS Project FEED completion in 2026, detailed design work, early site works, long-lead items, general administration, exploration drilling, and working capital [48] - A$170 million is allocated for PLS Project development, A$20 million for planned FY2026 exploration, and A$100 million for working capital and future exploration [79] PLS Project Highlights - The PLS Project has a Probable Mineral Reserve of 937 Mlb U3O8 at 141% [50] - The project targets an average annual production of ~9Mlb U3O8 over a 10-year mine life [50] - The project has a post-tax NPV of US$1325 million and a post-tax IRR of 282% [46] - The forecast total life-of-mine (LOM) free cash flows are US$3023 million [47] - Pre-production capital cost is forecast at US$1226M, with operating cash costs at US$117/lb over LOM [52] Uranium Market Outlook - The uranium market outlook is strong, driven by increasing nuclear energy demand for global energy security and electrification [43] - Global utilities are increasingly securing uranium supply from Western-facing jurisdictions [44] - There is a structural uranium supply-demand deficit due to under-investment [44]

The Merger of Piedmont and Sayona Elevra Lithium SEPTEMBER 2025 ASX:SYA • NASDAQ:ELVR • OTCQB:SYAXF For personal use only Contents 01 Introduction ELEVRA LITHIUM For personal use only 2 02 Corporate Overview 03 Synergies & Progress 04 Resource Base & Operations 05 Growth Projects 06 Strategy & Market Outlook 07 Financials & Guidance 08 Appendix 01 Introduction For personal use only Recapping the Merger Strategic Rationale Unlocking synergies,strengthening our market position and delivering long term value S ...

Company Overview - Westgold's market capitalization is A$3.5 billion as of September 10, 2025[21, 22] - The company holds A$364 million in cash, bullion, and liquid investments as of June 30, 2025[21, 22] - Westgold possesses a substantial mineral resource of 16.3 million ounces of gold and an ore reserve of 3.5 million ounces of gold[21] - The company anticipates gold production of 326,000 ounces in FY25 at an All-In Sustaining Cost (AISC) of A$2,666 per ounce[21] Operational Highlights - Westgold operates four processing hubs in Western Australia, with a group milling capacity of approximately 6 million tonnes per annum[21] - FY25 production from Meekatharra was 197,000 ounces at an AISC of A$2,609 per ounce[31] - FY25 production from Cue was 129,000 ounces at an AISC of A$2,752 per ounce[32] Future Plans and Guidance - Westgold projects production between 345,000 and 385,000 ounces of gold in FY26[85] - The company anticipates AISC between A$2,600 and A$2,900 per ounce in FY26[85] - A$50 million is allocated for resource development and exploration[45, 106] - Non-sustaining capital expenditure is estimated at A$270 million for FY26[85] Shareholder Returns - A dividend was declared for FY25, and a share buyback is planned for FY26[90] - The FY26 dividend policy includes increasing the minimum dividend per share to 2 cents and maintaining a maximum dividend payout of 30% of free cash flow[94] - A share buy-back of up to 5% will be undertaken over 12 months[96, 97]

Transaction Overview - Artis and RFA will combine through a share exchange to form RFA Financial, creating a scaled financial services platform[19] - Artis unitholders will own 68% of the pro forma company, while RFA shareholders will own the remaining 32%[19] - RFA Financial intends to pay a quarterly cash dividend of $0.11 per share, or $0.44 per share annually[19] Financial Highlights - The combined entity will have approximately $2.7 billion in total assets[24] - RFA Bank has approximately $2.5 billion in total assets[16, 24] - RFA Mortgage Corporation has approximately $2.9 billion in originations[16, 24] - RFA Bank and RFA Mortgage Corporation generated approximately $24 million in total net income on a last twelve months basis as of Q2 2025[24] Growth and Value Creation - RFA Bank's net income Compound Annual Growth Rate (CAGR) from 2021 to Q2 2025 LTM is approximately 32%[43] - RFA Bank's originations CAGR from 2021 to Q2 2025 LTM is approximately 13%[43] - The transaction aims for cumulative asset sales of $1.3 to $1.5 billion to fuel growth within the RFA platform[66]

Investor Presentation September 2025 NN Blue Dark Charcoal Platinum Pewter Orange Green Forward Looking Statement & Disclosures This presentation contains express and implied forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our financial outlook for the full year of fiscal 2025, the impact of, and our ability to execute, our corporate strategies and business initiatives and the potential impact tariffs, high interest rates, ...

Transaction Overview - The transaction value is $717 million[12] - CRC's ownership of the pro forma company is approximately 94%[12] - The estimated closing date is in the first quarter of 2026[12] - Targeted annual synergies are estimated at $80 – 90 million[12] Assets and Financials - Berry's California assets include 20 thousand barrels of oil equivalent per day (MBoe/d) with 100% oil and approximately 20,000 net acres with 94% net revenue interest (NRI)[12] - Berry's assets include 66 MW total power capacity and $2.1 billion in 1P PV-10*[12] - The EV/BRY 2025E Adjusted EBITDAX* multiple is approximately 29x, and the price per flowing barrel is approximately $30K[12] - Pro forma leverage ratio is expected to be less than 10x[12] Synergies and Free Cash Flow - Estimated deal synergies are expected to enhance free cash flow generation[13] - The net present value (NPV) at 10% of cumulative estimated deal synergies over 10 years is approximately $500 million[14] Production and Reserves - The pro forma company is expected to have approximately 20% growth in proved reserves[17] - 2024 Proved SEC Reserves are 652 MMBoe[17]

Transaction Overview - The transaction value is $717 million[12] - CRC's ownership of the pro forma company is approximately 94%[12] - The estimated closing date is in the first quarter of 2026[12] - Targeted annual synergies are estimated at $80 – 90 million[12] Assets and Financials - Berry's California assets include 20 thousand barrels of oil equivalent per day (MBoe/d) with 100% oil and approximately 20,000 net acres with 94% net revenue interest (NRI)[12] - Berry's assets include 66 MW total power capacity and $2.1 billion in 1P PV-10*[12] - The EV/BRY 2025E Adjusted EBITDAX* multiple is approximately 29x, and the price per flowing barrel is approximately $30K[12] - Pro forma leverage ratio is expected to be less than 10x[12] Synergies and Free Cash Flow - Estimated deal synergies are expected to enhance free cash flow generation[13] - The net present value (NPV) at 10% of cumulative estimated deal synergies over 10 years is approximately $500 million[14] Production and Reserves - The pro forma company is expected to have approximately 20% growth in proved reserves[17] - 2024 Proved SEC Reserves are 652 MMBoe[17]

Financial Performance - Net sales for Q4 2025 were $363 million, a decrease of 13% compared to the previous year[41] - Organic net sales for Q4 2025 were $332 million, an 11% decrease year-over-year[41] - Adjusted gross margin for Q4 2025 was 205%, a decrease of 290 basis points[41] - Adjusted EBITDA for Q4 2025 was $20 million, a 50% decrease year-over-year[41] - Adjusted net income for Q4 2025 was -$2 million[41] - Adjusted EPS for Q4 2025 was -$002[41] - Net debt decreased by $14 million in Q4 to $650 million[57, 59] Segment Performance - North America organic net sales for Q4 2025 were $184 million, a 14% decrease[46] - North America adjusted gross margin for Q4 2025 was 192%, a decrease of 340 basis points[46] - International organic net sales for Q4 2025 were $148 million, a 6% decrease[49] - International adjusted gross margin for Q4 2025 was 221%, a decrease of 270 basis points[49] Strategic Actions - The company is taking action to optimize cash, deleverage the balance sheet, stabilize sales, and improve profitability[12, 38] - The company is streamlining the business and reducing complexity through portfolio optimization[19, 22] - The company is focused on a turnaround strategy anchored on 5 actions to win in the marketplace[12, 13, 38]

AUM and Financial Performance - Vinci Compass's total Assets Under Management (AUM) reached R$304.1 billion, a 339% year-over-year increase, primarily due to the combination with Compass and the acquisition of Lacan[36] - The company reported Adjusted Distributable Earnings (Adj DE) of R$75.8 million, or R$1.20 per share, for the second quarter of 2025, representing a 30% year-over-year increase[50] - Fee Related Revenues (FRR) totaled R$232.7 million for the quarter, up 85% year-over-year, driven by growth in management and advisory fees, as well as the addition of other revenue streams[45] - The company declared a quarterly dividend of US$0.15 per common share[29] Segment Highlights - Global Investment Products & Solutions (Global IP&S) reported AUM of R$230 billion[13], with Fee Related Earnings (FRE) increasing by 250% year-over-year to R$12.5 million[76] - Credit segment AUM reached R$30 billion, a 258% year-over-year increase, with FRE up 97% year-over-year[82] - Private Equity AUM stood at R$16 billion[19], with a gross MOIC of 2.3x and a gross IRR of 64.6% for the VCP strategy[20] - Real Assets AUM totaled R$12 billion[23], with approximately 82% of the AUM in vehicles with 10+ years lock-ups[23] Capital and Investments - New capital formation in the second quarter of 2025 totaled R$3.6 billion, driven by net inflows and capital subscriptions across Global IP&S, Credit, and Real Assets[36] - The final closing of VICC brought the total fund size to R$1.8 billion[30] - Total capital committed to proprietary funds reached R$1.4 billion, with R$771.1 million already called as of June 30, 2025[65]