AIC Mines (A1M) Investor presentation summary

Strategic focus and values

• Pursues growth through exploration, development, and acquisition of copper and gold assets in Australia, guided by values of safety, responsibility, delivery, and transparency.

• Targets late-stage Australian gold and copper projects, emphasizing value-accretive acquisitions and leveraging expertise to scale operations.

• Maintains a disciplined approach to portfolio quality, operational complexity, and social license.

Asset base and operational performance

• Eloise Copper Mine is the foundational asset, with 11 consecutive quarters meeting or exceeding guidance and strong cash flow generation.

• Jericho Copper Deposit, acquired in 2023, extends project life, supports plant expansion, and reduces operational risk.

• Combined Eloise and Jericho Mineral Resources total 31.2Mt at 2.0% Cu and 0.4g/t Au, the largest resource base in the mine’s history.

• Ore Reserves as of December 2025 are 10.2Mt at 1.9% Cu and 0.4g/t Au, containing 191,000t copper and 139,600oz gold.

Growth initiatives and expansion

• Eloise plant expansion to 1.1Mtpa throughput is underway, with commissioning scheduled for December 2026 and a fixed EPC contract of A$77.6M.

• Development at Jericho is on track, with underground access achieved ahead of plan and production ramp-up targeted for late 2026.

• Exploration drilling at Jericho in 2025 added 63,900t contained copper at a low resource addition cost.

• Regional exploration covers 1,700km² around Eloise, with a pipeline of targets and recent expansion into the Cannington region.