PDI Gold (PDI) Investor presentation summary

Strategic rationale and transaction overview

• Merger creates a leading West African gold producer with a combined resource base of 9.5Moz and targeted production of over 400koz per annum by 2029.

• Transaction is structured as an all-share merger of equals, with Robex shareholders receiving 7.862 PDI shares per Robex share and a pro forma market capitalization of approximately US$3.2 billion.

• Dual ASX and TSX listing planned to enhance capital markets access and index eligibility.

• Leadership team combines extensive African mining experience, with a proven track record in project development and operations.

• Merger leverages cash flows from Kiniero and Nampala to de-risk Bankan development.

Asset portfolio and production profile

• Portfolio includes two producing mines (Kiniero in Guinea, Nampala in Mali) and one advanced development project (Bankan in Guinea).

• Bankan: 12-year mine life, 250kozpa average production, 2.95Moz reserves, US$1,057/oz AISC.

• Kiniero: 9-year mine life, 139kozpa average production, 1.41Moz reserves, US$1,066/oz AISC.

• Nampala: 45-50kozpa production, stable cash flow, mine life to 2026.

• Combined resources: 4.5Moz reserves, 9.5Moz total resources, including significant measured, indicated, and inferred categories.

Financial metrics and capital structure

• Pro forma market capitalization of US$3.2 billion, with 5,088 million fully diluted shares outstanding at A$0.91 per share.

• Pro forma cash of US$203 million and debt of US$130 million as of December 2025.

• Strong institutional shareholder base and broad research coverage.

• Kiniero and Bankan rank among Africa’s most capital-efficient gold projects, with robust NPV and IRR metrics.