Arctic Minerals (ARCT) Company presentation summary

Project portfolio and resource growth

• Flagship Hennes Bay project holds a JORC-compliant inferred resource of 55.4Mt at 1.0% CuEq, containing 447,000t copper and 37Moz silver, with mineralisation open in all directions and less than 5% of the target horizon drill tested.

• Recent geophysics expanded target area tenfold, indicating immense potential for further discoveries and resource growth at Hennes Bay.

• Bidjovagge project in Norway has a 3.3Mt indicated resource at 0.97% Cu and 1.27g/t Au, with bonanza gold and high copper grades, plus potential for cobalt and tellurium.

• Greenfield projects Swan Lake and Kuusi are drill-ready, targeting copper, gold, silver, and PGE, with strong geophysical and geochemical anomalies.

• Multi-decade underground mining potential at Hennes Bay, supported by conceptual studies and major infrastructure already in place.

Market drivers and strategic positioning

• Global copper demand is surging due to the clean energy transition, with supply lagging and ore grades declining, requiring significant new mine development.

• Over 50% of EU copper concentrate is imported, mainly from South America, highlighting the need for domestic supply to enhance security and reduce environmental impact.

• Silver market is experiencing record prices and structural deficits, driven by industrial demand from solar, EVs, and electronics, with further bullish momentum expected.

• Nordic and European regions are prioritizing internal supply of critical metals, supported by the EU Critical Raw Materials Act and favorable political landscape.

Management, financials, and investment case

• Leadership team and advisory committee have extensive experience in mining, exploration, finance, and value creation in the Nordics and globally.

• As of February 2026, market capitalization is 383 MSEK, with 47.03M shares outstanding and 18.5 MSEK in cash.

• Board, management, and advisors hold 26% of shares, with institutional and sophisticated investors holding 34%.

• Balanced portfolio includes advanced and greenfield projects across Sweden, Norway, and Finland, targeting copper, silver, gold, and critical metals.

• Investment proposition centers on exposure to future-facing commodities, large-scale deposits, and a strong pipeline in tier-1 jurisdictions.