Aura Minerals (AUGO) Corporate Presentation summary

Strategic positioning and culture

• Operates as a diversified gold and copper producer with a strong Americas focus and a culture centered on safety, transparency, and ethical management.

• Maintains four operating mines, one under construction, one in development, and a robust exploration pipeline across the Americas.

• Achieved an 87% increase in production, 337% growth in resources, and 110% growth in reserves from 2018 to 2023.

• Aims to increase production by 90% by 2025, supported by a business-building culture and strong balance sheet.

Financial performance and returns

• 2023 EBITDA reached US$134M, with Q1 2024 EBITDA at US$54M; free cash flow rose to US$88M in 2023.

• Net revenues grew 164% from 2018 to 2023, reaching US$452M.

• Maintains sector-leading dividend yields: 13.5% in 2021, 6% in 2022 and 2023, and 8.8% in 2024.

• Returned approximately US$170M to shareholders since 2021 through dividends and buybacks.

Operational highlights and guidance

• Last twelve months' production was 266,583 GEO, the second highest in company history at current prices.

• 2024 production guidance: Aranzazu 94-108k GEO, Minosa 60-75k oz, Apoena 46-56k oz, Almas 45-53k oz.

• Almas mine ramped up to commercial production in 2023, built on time and on budget.

• New mine contractor at Almas reduced costs and improved operational performance.