Orla Mining (OLA) Corporate presentation summary

Strategic positioning and growth

• Focused on converting resources into stakeholder value through gold production, low-complexity oxide project development, and advancing large-scale sulphide assets.

• Enhanced North American presence with key assets in Mexico, Canada, and the US, supported by reputable partners and a strong financial foundation.

• Aggressive reinvestment into exploration, capital projects, and development, with over $450 million allocated across the portfolio for 2026.

• Experienced management and board with a track record of successful mine development and integration.

Asset portfolio and production guidance

• Musselwhite (Canada): 2026 production guidance of 230–240 koz at AISC $1,650–1,850/oz, with significant exploration to extend mine life and fill excess mill capacity.

• Camino Rojo (Mexico): 2026 guidance of 110–120 koz at AISC $1,150–1,250/oz, with ongoing underground sulphide resource expansion and a large regional exploration package.

• South Railroad (USA): Feasibility study supports 10-year mine life, 104 koz/year average production, $1,505/oz AISC, and robust economics with $783M NPV (5%) at $3,100/oz gold.

• Total 2026 gold production guidance: 340–360 koz, with planned quarterly dividends and continued investment in exploration and project development.

Exploration, development, and resource growth

• Musselwhite: Confirmed 2 km resource extension, aggressive underground drilling, and high-grade intersections support ongoing resource replacement.

• Camino Rojo: Large underground sulphide resource, new high-grade discoveries in Zone 22, and a 2026 PEA planned; regional exploration targets new oxide discoveries.

• South Carlin Complex: District-scale potential with multiple mineralized zones, 18,000m drill program in 2026, and significant oxide discoveries outside projected pits.