Regis Resources (RRL) investor relations material

FY27 production and cost guidance

• Group gold production for FY27 is forecast at 360–400 koz, with Duketon contributing 240–270 koz and Tropicana (30% share) 120–130 koz.

• Group all-in sustaining cost (AISC) guidance is $2,990–$3,390/oz, including ~$88/oz of non-cash stockpile movements.

• Growth capital expenditure is projected at $250–$270 million, with Duketon accounting for $235–$245 million and Tropicana $15–$25 million.

• Exploration spend is planned at $80–$90 million, with an additional $30–$35 million allocated to the McPhillamys Project.

• Duketon production is expected to be higher than FY26, skewed to the second half, leveraging excess mill capacity and higher output from Garden Well and Rosemont.

Operational and cost drivers

• Duketon’s AISC reflects higher diesel price assumptions and inclusion of opportunistic higher-cost ounces from BuckWell.

• Tropicana’s production guidance is slightly lower year-on-year due to increased reliance on lower-grade stockpile feed.

• Group AISC is sensitive to diesel price, with a $25/oz impact per 10c/L movement.

• Growth capital at Duketon includes Rosemont Stage 3 underground development and pre-strip of new open pits, with most spend in H1.

• Tropicana’s growth capital reflects ongoing Havana underground pre-production development.

Project and exploration updates

• Higher exploration spend is planned due to compelling opportunities across the portfolio.

• Increased McPhillamys Project spend aligns with the goal of a final investment decision in H1 2028.