Endeavour Achieves Guidance & Declares Record H2-2025 Dividend

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[{"type":"text","content":"Endeavour Achieves Guidance & Declares Record H2-2025 Dividend\nENDEAVOUR ACHIEVES GUIDANCE & DECLARES RECORD H2-2025 DIVIDENDFY-2025 production of 1,209koz at AISC of ~1,435/oz l H2-2025 dividend of $200m l >$1bn shareholder returns programme OPERATIONAL AND FINANCIAL HIGHLIGHTS (for continuing operations) FY-2025 production of 1,209koz, in the top-half of guidance at an AISC of ~$1,435/oz, within guidance when adjusted for +$128/oz higher royalty costs related to higher gold prices. Q4-2025 production of 298koz increased by 35koz or 13% over Q3-2025, while AISC of ~$1,650/oz increased by ~$81/oz or 5% over Q3-2025, largely due to +$45/oz higher royalty costs related to higher gold prices. Top-ten global gold producer with FY-2026 production guidance of 1,090-1,265koz, at AISC of $1,600-1,800/oz; reflecting increased gold prices, royalties and phased stripping related sustaining capital at Houndé and Lafigué. Strong free cash flow generation saw FY-2025 net debt reduced by $574m, ending the year with $157m and near-zero leverage. Gross debt reduced by $518m, ending the year with $611m gross debt and $1,153m of available liquidity. DELIVERING SECTOR LEADING SHAREHOLDER RETURNS AND ORGANIC GROWTH Record H2-2025 dividend of $200m or $0.83/sh announced, bringing FY-2025 dividends to $350m or $1.45/sh; supplemented with $85m of share buybacks for record total returns of $435m, equivalent to $360/oz produced. Since 2021, over $1.6bn has been returned to shareholders, which is 83% above the minimum commitment; supplemental returns are expected to increase over the 2026-2028 period, at prevailing gold prices. 2026-2028 ~$1.0bn minimum dividend commitment that will be supplemented with additional dividends and share buybacks, which could increase total returns to more than double the minimum commitment, at prevailing gold prices.         Assafou's environmental permit has been approved while the exploitation permit approval and the DFS completion are expected in Q1-2026; first gold production on track for H2-2028. 2026-2030 exploration strategy target to discover 12 - 15Moz of MI&I resources for a discovery cost of less than $40/oz, including up to three new projects in West Africa and in three new, highly fertile, geologically immature jurisdictions. London, 29 January 2026 &...

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