Nativo Resources (NTVO) Investor presentation summary

Strategic overview and asset base

• Focus on near-term gold mining and processing in Peru, leveraging formalised artisanal mining at Tesoro Gold Concession, including Bonanza and Morrocota mines.

• Bonanza ore sales expected to start Q2-26, with underground operations restarted in Feb-26.

• Five additional areas within the concession identified as potential future mines.

• Developing own gold ore processing plant, La Patona, to replace tolling, with commissioning due H2-26.

• Strategy includes acquiring other gold mines with short runway to production and securing tailings deposits for gold/silver extraction.

Key milestones and funding

• Formed gold mining JV in Peru and rebranded in Jul-24; first sale of mined material from Bonanza in Dec-24.

• Acquired Morrocota mine and optioned first tailings deposit (1.8M tons) for gold/silver processing by Mar-25.

• Restructured €10M bond in Jul-25, removing future cash and interest repayment obligations.

• Raised over £3m in 2025, including £2m secured funding from Yorkville Advisors (CLN and equity), with a 5% coupon and 10-month amortisation.

• No short positions allowed during CLN term; ATM facility in place but not used.

Project and operational highlights

• Tesoro Gold Concession in the Nazca Ocona gold belt features high-grade mesothermal veins, with grades up to 63 g/t Au.

• Historical and current sampling confirm high-grade gold mineralisation, with Bonanza and Morrocota estimated at 51,000 Oz Au.

• Mining and sales from Bonanza initiated Dec-24, paused, then underground ops restarted Feb-26; ore sales expected Q2-26.

• Five new vein shoots identified for future mining; fieldwork ongoing to expand resource base.

• Bonanza mine development includes high-precision underground work and selective stockpiling of mineralised material.