Greatland Resources (GGP) investor relations material

Financial performance and growth

• Achieved 330,000 ounces of gold and nearly 15,000 tons of copper in first full year, ending with over AUD 1.25 billion cash and no debt, enabling strong growth potential.

• Paid back acquisition in five months, delivering over 13x return to shareholders in 18 months, with current valuation at AUD 7.3 billion.

• Generated sector-leading free cash flow while investing in infrastructure and exploration, positioning as a core gold platform in Australia.

Operational improvements and productivity

• Increased open pit productivity by 59% and more than doubled underground development meters since acquisition.

• Improved gold recovery from 81% to 88.1% and copper recovery from 71% to 81%, with CIL circuit availability rising above 90%.

• Reduced all-in sustaining costs despite inflation and improved safety, lowering TRIFR from 10-14 to 4.5.

Resource expansion and drilling

• Grew Telfer resources from 600,000 to 7.9 million ounces and reserves from zero to 1.8 million ounces in 12 months.

• Ongoing 450,000 m drilling campaign expected to further increase resources and reserves, supporting multi-decade mine life.