G Mining Ventures (GMIN) investor relations material

Strategic vision and growth trajectory

• Aims to become a leading intermediate gold producer by 2028, targeting over 500,000 ounces of annual gold production and significant free cash flow growth, leveraging a proven track record of on-time, on-budget project delivery.

• Growth driven by Tocantinzinho (TZ) in Brazil, Oko West in Guyana, and Gurupi in Brazil, with robust exploration programs and resource expansion underway.

• Oko West is the largest gold project under construction globally, with first gold expected in H2 2027 and commercial production in early 2028.

• Integration of G2 Goldfields and ongoing exploration at all sites are expected to further boost resource base and production profile.

Operational and financial highlights

• Q1 2026 gold production reached 31,846 ounces, with 33,776 ounces sold and a free cash flow of $56.2 million.

• 2026 guidance: 160–190 koz gold production at $1,230–$1,444 AISC/oz; 2027 guidance: 200–235 koz at $977–$1,146 AISC/oz.

• Market capitalization as of July 2, 2026, stands at $7.05 billion, with $287 million in cash and $39.5 million in debt.

• Projected consolidated free cash flow to exceed $1.2 billion in 2028 at $4,000/oz gold price.

Asset portfolio and project status

• Tocantinzinho: Commercial production since September 2024, 11-year mine life, 1.87 Moz P&P reserves at 1.17 g/t Au.

• Oko West: 4.6 Moz P&P reserves at 1.89 g/t Au, 5.4 Moz M&I resources at 2.10 g/t Au, construction on schedule with major infrastructure milestones achieved.

• Gurupi: 1.8 Moz M&I resources at 1.31 g/t Au, advanced exploration with $21 million program in 2026 and updated resource estimate ahead of PEA in H2 2026.