Greatland Resources (GGP) investor relations material

Strategic positioning and assets

• Operates as a leading gold-copper producer in Western Australia’s Paterson Province, owning the Telfer mine and the world-class Havieron project.

• Achieved YTD FY26 production of 329koz gold and 14.6kt copper, generating $1,725 million in revenue and $1,143 million in operating cash flow.

• Holds group resources of 14.9Moz gold and 645kt copper, with reserves of 5.0Moz gold and 196kt copper as of March 2026.

• Maintains a strong balance sheet with $1,289 million cash and no debt as of June 2026.

• O'Callaghans deposit adds significant tungsten, copper, zinc, and lead resources, enhancing portfolio diversity.

Operational performance and growth

• Telfer mine is the third largest gold-copper processing facility in Australia, with a 20Mtpa capacity and over 15Moz cumulative production.

• Operational improvements at Telfer include record gold recovery, margin expansion, and enhanced safety since acquisition.

• FY26 guidance targets 260-310koz gold production at $2,400-$2,800/oz AISC, with YTD performance exceeding targets.

• Significant investment in mine development and infrastructure aims to extend Telfer’s life, with $230-260 million growth capital allocated for FY26.

• Over 240km of drilling planned at Telfer in FY26, the largest in its history, targeting resource and reserve growth.

Havieron project highlights

• Havieron’s feasibility study confirms a 17+ year mine life, producing 3.53Moz gold and 130kt copper at a steady-state AISC of $1,610/oz.

• Standalone base case yields $5.4 billion post-tax free cash flow and 22.5% IRR at $4,500/oz gold price; spot case NPV rises to $9.6 billion.

• Pre-production capex of $1,065 million is fully funded from cash reserves, debt facility, and ongoing Telfer cash flows.

• Co-processing with Telfer could further reduce Havieron’s operating costs through fixed cost sharing.

• Substantial residual mineral resources outside the current mine plan offer long-term optionality for further expansion.