Orion Minerals (ORN) Investor presentation summary

Strategic direction and leadership

• Focus on transitioning from explorer to multi-asset copper producer, anchored by the Prieska Copper Zinc Mine (PCZM) and Okiep Copper Project.

• New leadership team with extensive experience in mine development, operations, and value creation.

• Selected for the 2026 BHP Xplor Accelerator Program, providing funding and access to global exploration expertise.

Project portfolio and development timeline

• PCZM is a top-30 VMS resource with pre-development underway; first production targeted for early 2027.

• Okiep Copper Project optimization ongoing to establish a second production hub after PCZM Stage 1.

• Systematic schedule includes phased development at PCZM (Uppers and Deeps), Okiep optimization, and ongoing exploration.

Financials and capital structure

• Market capitalization of AUD238.6M (USD168.3M) with shares split between ASX and JSE.

• Major shareholders include Tembo Capital, Delphi Group, Ratel Growth, Clover Alloys, and Orion Directors.

• Project financing includes IDC convertible loan and Triple Flag early funding; Glencore prepayment agreement for US$250M signed, pending regulatory approvals.