Resolute Mining (RSG) Investor presentation summary

Investment highlights and strategic positioning

• Diversified West African gold producer with a 19 Moz Mineral Resource Estimate and long-life operations.

• Clear pathway to increase annual gold production from 250-275koz to over 500koz within four years.

• Strong cash flow and net cash position of $317 million as of Q2 2026.

• Undervalued relative to peers, offering significant re-rating potential.

• Robust organic growth pipeline and exploration targets advancing rapidly.

Operational and financial performance

• H1 2026 gold production reached 105koz at an AISC of $2,327/oz, with EBITDA of $331 million.

• 2026 guidance targets 250-275koz gold at AISC of $2,000-2,200/oz and capex of $310-360 million.

• H1 2026 revenue was $585 million, with operating cash flow of $197 million and available liquidity of $426 million.

• Net cash and bullion increased by $108 million to $317.4 million in H1 2026.

• Secured $155 million in local bank facilities post-Q2, with an additional $105 million expected by Q3 2026.

Growth projects and development pipeline

• Doropo Project in Côte d'Ivoire under construction, targeting first gold in H2 2028, with a 13-year mine life and 169kozpa average production at $1,472/oz AISC.

• ABC Project advanced with a 3.0 Moz resource and feasibility studies underway, aiming to become the fourth mine.

• Syama Operation in Mali expanding sulphide capacity to 4 Mtpa, with commissioning of the Sulphide Conversion Project expected in H2 2026.

• Mako Operation in Senegal focusing on life extension, with new deposits extending mine life by 7 years.

• Early-stage exploration in Guinea, including a strategic partnership with Nimba Mining Company.