Regis Resources (RRL) investor relations material

Executive summary

• December quarter FY 2026 delivered strong operational and financial performance, with record cash generation and safety metrics well below industry averages at both Duketon and Tropicana.

• Group gold production reached 96,600 ounces at an AISC of AUD 2,839/oz, with cost discipline maintained and key underground development and exploration programs advanced.

• Cash and bullion increased by AUD 255 million to AUD 930 million, and a fully franked dividend of AUD 0.05/share (AUD 38 million) was paid.

• Dividend resumption reflects confidence in sustainable cash flows, prudent capital management, and a robust balance sheet.

Financial highlights

• Gold sales totaled just under 100,000 ounces at an average realized price of AUD 6,436/oz, generating AUD 641 million in revenue.

• Operating cash flow for the quarter was AUD 419 million (Duketon: AUD 231 million, Tropicana: AUD 188 million), with a 65% cash flow margin.

• Capital expenditure totaled AUD 115 million, including AUD 58 million at Duketon, AUD 15 million at Tropicana, AUD 19 million on exploration, and AUD 5 million at McPhillamys.

• Transitioning to a cash tax payment position, with AUD 100 million tax payable for FY 2025 due in March.

Outlook and guidance

• FY 2026 production guidance remains at 350–380koz, with AISC guidance of AUD 2,610–2,990/oz.

• Increased FY 2026 exploration guidance by AUD 20 million to AUD 70–80 million, driven by positive drilling results and new targets.

• Growth capital guidance for FY 2026 is AUD 220–235 million.

• Buckwell open-pit to deliver 221,000 ounces at AISC of AUD 3,524/oz, extending Duketon North production to at least FY 2031.

• Formal capital allocation policy to be released with half-year results in February.