Montage Gold (MAU ) investor relations material

Strategic vision and leadership

• Aims to become a premier African gold producer by leveraging in-house construction and exploration expertise, focusing on high-quality, long-life, low-cost assets and disciplined capital allocation.

• Leadership team and board have deep experience in African mining, project development, and exploration, with a strong track record in Côte d'Ivoire and West Africa.

Portfolio and project pipeline

• Flagship Koné Gold Project is under construction, targeting first gold pour in late Q4-2026, with a hard-rock circuit completion in Q2-2027.

• Portfolio includes the resource-stage Didievi Project (acquired via African Gold), and the Wendé advanced greenfield exploration property, both in Côte d'Ivoire.

• Over 52 exploration targets identified across 1,776km², with ongoing drilling and resource expansion.

Koné Gold Project highlights

• 16-year mine life, 4.0Moz probable reserves, 5.9Moz M&I resources (2026), and average production of 301koz/year (years 1-8).

• Low AISC ($1,195/oz at $4,000/oz gold), post-tax NPV5% of $4.8B, and post-tax IRR of 93.9% at $4,000/oz.

• Project benefits from low strip ratio, soft ore, and robust infrastructure including grid power and paved highway access.