Allied Gold (AAUC) Investor presentation summary

Strategic positioning and growth outlook

• Positioned as a unique mid-tier gold producer with large-scale, long-life assets and a robust project pipeline driving production and cash flow growth.

• Two tier-one generational mines, Sadiola and Kurmuk, underpin the platform, with Sadiola targeting 300 koz/year and Kurmuk aiming for 240 koz/year at industry-leading costs.

• Disciplined development and operational improvements have created substantial value since the go-public transaction.

• Ongoing exploration and project development are expected to further increase production and extend mine life.

• Strong financial position supported by a pro forma cash balance of ~$487M after a strategic investment.

Operational performance and project updates

• H1 2026 production reached 193,445 oz, with full-year guidance of 385,000–425,000 oz, weighted to H2 as Kurmuk ramps up.

• Kurmuk Mine commissioning is well advanced, with grid power energized, first ore crushed, and commercial production expected in Q4 2026.

• Sadiola is advancing process upgrades, solar power strategy, and a 7 Mt/year expansion, targeting >360 koz/year post-2030.

• Côte d'Ivoire Complex (Bonikro and Agbaou) targets 200 koz/year with mine life extensions and future ore contributions from Oumé.

• 2026 exploration budget increased to $36M, aiming to add to mineral reserves and resources.

Financial and sustainability highlights

• AISC expected to decline in H2 2026 with higher production and low-cost Kurmuk operations.

• EBITDA and cash flow growth are projected to outpace production increases.

• Ongoing sustainability improvements and operational optimizations are in place across all assets.

• Trading at an attractive valuation, with further growth initiatives and exploration upside.