Arrow Minerals (AMD) Corporate presentation summary

Strategic focus and project overview

• Pursuing rapid development of bauxite and iron ore assets in Guinea, targeting the fastest path to production and cashflow.

• Projects are strategically located near the Trans-Guinean Railway, with multi-user infrastructure due for commissioning in late 2025.

• Aims to complete resource estimates and scoping studies in 2025, with aspirations to move quickly to feasibility studies and permitting for starter mines.

• Emphasizes low capital intensity, leveraging shared infrastructure, and building strong partnerships.

• Committed to sustainable practices, community engagement, and robust governance.

Niagara Bauxite Project highlights

• Extensive drilling completed with 184 holes and 2,166m, confirming substantial mineralisation and growth potential.

• Exploration target estimated at 170–340Mt grading 40–46% Al2O3 and 1–4% SiO2, with resource estimation underway and scoping study due in 2025.

• Six additional high-quality targets identified for drill testing in 2025, with ongoing environmental baseline work for permitting.

• Early results show average bauxite thickness of 4–5m over a combined area of ~14sqkm.

• Project is positioned to benefit from proximity to infrastructure and strong bauxite demand.

Simandou North Iron Project highlights

• Significant exploration target of 281–716Mt Simandou Iron Formation Oxide BIF at 33–46% Fe.

• Metallurgical testwork produced high-grade (60–67% Fe), low alumina (<0.5% Al2O3) hematite fines using simple wet gravity processes.

• Project benefits from proximity to the $21Bn Simandou development, with access to new rail and port infrastructure.

• MOU signed with Baosteel for a potential mine gate sales agreement, leveraging infrastructure partnerships.

• Scoping study and further drilling planned for 2025 to support rapid development.