Regis Resources (RRL) Investor presentation summary

Operational performance and financial strength

• Achieved strong operational performance in Q2 FY26, building cash and bullion to $930M, an increase of $255M, and paid a fully franked dividend of 5c per share ($38M).

• Group production for Q2 FY26 was 96.6koz at an AISC of $2,839/oz, with Duketon producing 57.6koz at $3,151/oz AISC and Tropicana 39.0koz at $2,303/oz AISC.

• Gold sales reached 99.5koz at an average price of $6,436/oz.

• Net cash and bullion position reached $930M by Dec 2025, with over $1B cash build since Dec 2023.

• Net debt position improved from $(145M) in Dec 2023 to net cash by Dec 2025.

Asset base and production guidance

• Total Mineral Resources stand at 7.5Moz and Ore Reserves at 1.7Moz across Duketon, Tropicana, and McPhillamys.

• FY26 group production guidance is 350–380koz at an AISC of $2,610–$2,990/oz.

• Duketon guidance: 220–240koz at $2,790–$3,200/oz AISC; Tropicana: 130–140koz at $2,240–$2,560/oz AISC.

• Growth capital for FY26 is $220–235M, with exploration spend of $70–80M.

Growth projects and exploration

• Announced development of 251koz Ore Reserves at Buckingham-Wellington open pit at Duketon North, with a 5.7-year mine life and strong forecast financial returns.

• Duketon underground Ore Reserves have increased ~550% since 2019, with ongoing ramp-up of Garden Well Main and plans for a fourth underground mine at Ben Hur.

• Tropicana underground Ore Reserves have grown 202% since 2018, with continued exploration to extend mineralisation.

• FY26 exploration activities accelerated, with guidance increased by ~$20M and positive results supporting growth opportunities.