Kingsrose Mining (KRM) Investor update summary

Leadership and Strategic Direction

• New CEO brings 35 years of mining experience, emphasizing value creation, disciplined capital allocation, and transparent communication.

• CEO has a strong track record in M&A, corporate growth, and delivered a $144M settlement through disciplined execution.

• Comprehensive review of assets and strategic positioning underway, with urgency and clarity prioritized.

Portfolio, Financials, and Asset Foundation

• Maintains a robust cash position of A$19M as of 31 May 2026.

• Portfolio focused on Tier-1 mining regions in Scandinavia, targeting copper, nickel, and PGE assets.

• Scandinavian exploration assets are well-funded, in attractive jurisdictions, and have strong geological potential.

Value Creation Strategy and Capital Allocation

• Focus on maximizing shareholder value through practical, commercially focused strategies and multiple value creation pathways, including M&A, joint ventures, and exploration.

• Strong focus on capital discipline, ensuring every AUD is allocated to high-return opportunities and preserving balance sheet strength.

• Growth transactions will be pursued only if value creation exceeds potential dilution.