WIA Gold (WIA) Corporate presentation summary

Project overview and jurisdiction

• Kokoseb gold project in Namibia has grown rapidly to a 2.93Moz Indicated and Inferred Mineral Resource Estimate (MRE) at 1.0 g/t as of July 2025, with open pit potential and further growth expected.

• Namibia is a stable, mining-friendly jurisdiction with strong infrastructure, ranked highly for policy and investment attractiveness in Africa.

• The project is located in a proven gold district, with licenses covering approximately 3,000km² in the underexplored Pan-African Damara Orogenic Belt.

• Kokoseb is on track to become Namibia's fourth commercial gold mine, with a mining license application submitted and ESIA nearing completion.

Resource growth and exploration

• The resource has increased from 1.3Moz in May 2023 to 2.93Moz in July 2025, with ongoing drilling targeting further expansion and a maiden underground MRE due in 2H 2026.

• Recent RC infill and extensional drilling have returned significant intercepts, supporting resource category upgrades and future growth.

• High-grade results from deeper drilling indicate strong underground mining potential, with several zones open at depth and along strike.

Project economics and development

• Scoping Study outlines an 11.4-year mine life, averaging ~146koz gold per annum, with the first five years at ~177koz per annum.

• Post-tax NPV (5%) is US$646M at $2,600/oz and US$1,269M at $3,450/oz gold price, with IRRs of 38% and 60% respectively.

• Pre-production capital cost is US$358.8M, with a rapid payback period of 1.25–1.8 years and strong leverage to gold price movements.

• All-in sustaining costs (AISC) average US$1,447/oz over LOM, with conventional open pit mining and a 5.25Mtpa CIL processing plant achieving over 90% gold recovery.