Allied Gold (AAUC) Investor presentation summary

Strategic transaction and shareholder value

• Announced all-cash acquisition by Zijin Gold at C$44.00 per share, valuing equity at ~C$5.5 billion and representing a 27% premium to the 30-day VWAP.

• Transaction provides immediate value realization and removes market volatility for shareholders, with no financing conditions and expected closing in late April 2026.

• Culmination of a strategic review focused on enhancing diversification, scale, and long-term value, with the Board recommending shareholders vote in favor.

Operational performance and growth

• 2025 gold production reached 379,081 oz, exceeding guidance, with Q4 production at 117,004 oz and improved margins.

• 2026 guidance targets 485,000–575,000 oz gold production, with cash costs of $1,550–$1,680/oz and AISC of $1,750–$1,900/oz.

• Kurmuk project start-up expected to drive a step-change in production, with 2027 outlook of 640,000–680,000 oz.

• Robust cash flow growth and strong financial position, with $480M cash at year-end 2025.

Asset base and project pipeline

• Portfolio anchored by two tier-one generational mines: Sadiola (targeting 300 koz/year) and Kurmuk (240 koz/year), both with large mineral inventories and exploration upside.

• Additional assets include Korali Sud, Bonikro, Agbaou, and Oumé, supporting a robust production platform and mine life extension.

• Ongoing expansion and optimization at Sadiola and Kurmuk, with significant capital allocated for sustaining and growth projects in 2026.