Unico Silver (USL) Investor presentation summary

Strategic vision and growth pillars

• Aims to build a globally significant, development-ready silver company advancing toward production, with a focus on resource scale, conversion, and rapid project advancement.

• Cerro Leon resource stands at 162 Moz AgEq, with 67% in the Indicated category, supporting early mine planning.

• Joaquin maiden JORC resource due late Feb 2026, with infill drilling nearing completion for high-confidence resource support.

• 155% resource growth since 2H 2024, with further increases expected from ongoing drilling.

• Fully funded through CY2026 with A$66m cash, enabling accelerated drilling, conversion, and feasibility work.

Resource expansion and project consolidation

• Global resources have grown to 232 Moz AgEq, with Cerro Leon at 162 Moz AgEq and Joaquin at 74 Moz AgEq (historical estimate).

• 20,456m of new drilling at Cerro Leon (2024-2025) and 30,000m at Joaquin support resource updates.

• Discovery cost at Cerro Leon is USD 10c per AgEq ounce.

• Consolidation of two major silver districts in Santa Cruz, Argentina, through five acquisitions since Nov 2022.

• Largest silver resources in Santa Cruz, with 126 Moz of primary silver in resources.

Exploration, discoveries, and development milestones

• Step-out drilling at La Negra SE and La Morocha SE delivered broad, shallow oxide intercepts, expanding resources beyond previous estimates.

• La Negra SE discovery: 850m strike, 175m vertical extent, open at depth and along strike.

• La Morocha SE discovery: 400m strike, 175m vertical extent, open at depth and along strike.

• Multiple high-grade drill results at both La Negra and La Morocha, with infill and extensional drilling ongoing.

• PFS drill grid complete at La Negra SE; maiden MRE due late Feb 2026.