RTG Mining (RTG) Corporate Presentation summary

Strategic focus and project pipeline

• Advancing the high-grade Mabilo copper-gold project in the Philippines, fully financed for Stage 1 with near-term start-up targeted for H2 2025.

• Mabilo features a robust resource base, strong exploration upside, and a binding finance/offtake agreement with Glencore.

• Additional growth assets include the Panguna redevelopment opportunity in Bougainville and the high-grade Chanach project in Kyrgyzstan.

• Management has a proven track record in developing mines across emerging markets and maintaining strong local relationships.

Mabilo project highlights

• Stage 1 DSO operation forecasts US$145M net cash flow after tax, with capex under US$25M and rapid payback.

• Stage 2 envisions a 1.35mtpa plant producing 65,000t copper concentrate and 21g/t gold annually.

• Project NPV5 estimated at US$574M at current commodity prices, with significant leverage to copper and gold price increases.

• Fully permitted with mining and environmental clearances, and all products to be shipped to Glencore's PASAR smelter.

• Exploration targets include extensions, new mineralized zones, and a high-potential porphyry source.

Financial and corporate overview

• Market cap of A$65M, cash and equivalents of A$18M, and zero debt.

• Strong institutional shareholder base, with Equinox and Hains Family holding nearly half the shares.

• RTG holds 40% equity in Mabilo, capturing approximately 50% of project economics via a 2% NSR.

• Debt facility for Stage 1 provided by Glencore, with favorable terms and no arrangement fee.