Genesis Minerals (GMD) Corporate Presentation summary

Strategic vision and growth initiatives

• Focused on becoming a leading Australian gold producer with the "ASPIRE 400" strategy targeting over 400koz annual production and sustainable, high-quality growth in the Leonora/Laverton region.

• Emphasizes a "people first" culture, aiming for 100% employee share ownership and strong community engagement.

• Progressive capital allocation: one-third to growth, one-third to shareholders, and one-third to balance sheet resilience.

• Committed to operational excellence, safety, and future-proofing margins through disciplined cost management and succession planning.

• Positioned to bridge the gap between ASX 100 gold producers and smaller peers, leveraging a strategic management team and robust asset base.

Operational performance and asset base

• Operates a single, flexible production center in Western Australia with two mills and a large, high-grade resource base (15.2Moz resources, 3.3Moz reserves as of March 2024).

• Fully funded 10-year plan targets 3Moz production, with declining all-in sustaining costs (AISC) and growth capital peaking in FY25.

• Laverton mill restarted six months ahead of schedule, with first gold poured in November 2024 and ramp-up to 3.0Mtpa.

• Key assets include Gwalia (high-grade, long-life), Ulysses (integrated with Gwalia for cost efficiency), Jupiter (reliable baseload), and Tower Hill (high-grade open pit development).

• Ongoing studies and optimizations aim to bring additional ounces forward, with significant upside potential not yet included in the base plan.

Project pipeline and development

• Tower Hill: 1.0Moz reserve, 7-year mine life, with approvals and infrastructure development underway; first ore expected FY28.

• Westralia: Re-evaluated as a bulk open pit opportunity, open pit resource anticipated by March/April 2025, leveraging low-cost mining services.

• Gwalia: 4.0Moz resource, 1.1Moz reserve, with ongoing reserve conversion and extension drilling; recent high-grade drill results support growth.

• Ulysses: Operational integration with Gwalia reduces costs and de-risks production, with over five years mine life and open exploration potential.

• Jupiter: Near-term mill feed with strong drilling results and low capital requirements, supporting Laverton mill operations.