Kingsgate Consolidated (KCN) AGM 2025 summary

Opening remarks and agenda

• Meeting opened with confirmation of quorum, introductions of directors, executives, and auditors, and was led by Managing Director & CEO Jamie Gibson in November 2025.

• Instructions provided for both in-person and virtual participation, including voting and Q&A procedures.

Financial performance review

• Company transitioned from AUD 40 million litigation-focused to a AUD 1 billion gold company.

• Achieved over 200% share price growth in 2025 YTD and 190% over 12 months, outperforming the ASX 200 and sector peers.

• Cash reserves reached AUD 115 million at September quarter-end, up 36% in the last quarter.

• Borrowings reduced to under AUD 50 million, with over AUD 18 million repaid during FY25.

• Record September 2025 quarter with almost 24,000 ounces of gold and over 200,000 ounces of silver produced, and a 260% increase in cash and bullion over the year.

Board and executive committee updates

• Board and executive team introduced, including key roles in finance, geology, sustainability, and corporate development.

• Board and management hold 2% of shares on issue, reflecting alignment with shareholders.

• Board remains focused on capital management, shareholder returns, and operational excellence.