Alien Metals (UFO) investor relations material

Executive summary

• Transformational year with strategic joint ventures at Elizabeth Hill Silver and Munni Munni PGM projects, reducing funding needs while retaining significant upside exposure.

• Elizabeth Hill JV delivered A$500,000 cash, 44.5M West Coast Silver shares, and a 30% free-carried interest; Munni Munni JV delivered A$500,000 cash, 47M GreenTech shares, and a 30% free-carried interest.

• Hancock Iron Ore Project expanded, with robust economics and ongoing strategic discussions for funding and development.

• Diversified portfolio now includes silver, iron ore, PGM, copper, nickel, and gold, with funded work programs and multiple value pathways.

Financial highlights

• Net loss for FY2025 was $694,000, a significant improvement from $1,555,000 loss in 2024.

• Basic and diluted loss per share was 0.00814 US cents (2024: 0.0225 US cents).

• Working capital surplus of $10,293,000 at year-end (2024: deficit of $1,076,000); net cash inflow of $1,714,000 (2024: outflow of $428,000).

• Raised £1 million in May 2025 and £1.8 million in December 2025 through share placements and warrants.

• Fair value gain on financial assets of $3,892,000, mainly from West Coast Silver shares; loss on disposal of Elizabeth Hill interest of $948,000.

Outlook and guidance

• Well positioned for 2026 with funded work programs, strong partners, and multiple value realisation pathways.

• Ongoing drilling and geophysics at Elizabeth Hill and Munni Munni expected to support resource upgrades and economic studies.

• Hancock Iron Ore Project to progress permitting, technical work, and partner engagement for development.

• Commodity markets remain supportive, especially for silver, iron ore, and battery-related metals.