Aura Minerals (AUGO) Corporate presentation summary

Strategic positioning and portfolio

• Operates 6 mines, 2 development projects, and 1 exploration project across the Americas, focusing on gold and copper production with a diversified asset base.

• Maintains a strong balance sheet with low leverage (0.28x Adjusted EBITDA in 2025) and robust free cash flow to support growth and dividends.

• Achieved 130% production growth since 2018 through operational efficiency, development, and acquisitions.

• Returned $314 million to shareholders via dividends and buybacks since 2021, with a 6.2% dividend yield in 2025.

• Recognized for responsible mining practices and strong EESG management.

Financial and operational performance

• 2025 Adjusted EBITDA reached $548 million, with recurring free cash flow of $254 million and a cash conversion rate of 67%.

• All-in sustaining cost (AISC) for 2025 was $1,458/GEO, below many industry peers, supporting high margins.

• 2025 production was 280K GEO, with guidance for 2026 increasing to 340–390K GEO.

• Maintained low net debt/EBITDA ratio and extended debt maturity profile, with 76% of debt long-term.

• Share price and trading liquidity improved significantly after Nasdaq listing.

Growth initiatives and project pipeline

• Major projects include Almas, Borborema, Matupá, Era Dorada, and MSG, each with strong IRRs and rapid payback periods.

• Borborema’s road relocation increased reserves by 82%, extending LOM to 20.5 years and boosting NPV to $612.5 million.

• Era Dorada fully licensed, with feasibility study showing 35.6% IRR and $1.34 billion NPV at $3,177 gold.

• MSG acquisition expected to stabilize production above 80K oz/year and significantly reduce AISC.

• Ongoing expansions at Almas and Borborema, with plant upgrades and underground development studies.