Aeris Resources Limited · ASX:AIS
Aeris Resources — Q4 FY26 Earnings Presentation
28 slides from Aeris Resources's earnings presentation, Jul 29, 2026
Slide 1: Q4 FY26 Quarterly Results
Q4 FY26 Quarterly Results 29 July 2026 Presented by: Andre Labuschagne
Slide 2: Disclaimer
DISCLAIMER This investor presentation has been prepared by Aeris Resources Limited (“Aeris” or the “Company”). By attending an FUTURE PERFORMANCE AND FORWARD-LOOKING STATEMENTS investor presentation or briefing, or accepting, accessing or reviewing this presentation, you acknowledge and agree to Thi
Slide 3: Disclaimer
DISCLAIMER DISCLAIMER NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES To the maximum extent permitted by law, Aeris and each of its respective related bodies corporate, shareholders and This Presentation does not constitute an offer to sell, or the solicitation of an offer to buy, any securitie
Slide 4: Aeris Resources
AERIS RESOURCES Australian mid-tier, copper and gold producer 2 producing operations (FY26: 42.1kt copper eq.)1 Multiple development projects Investing in exploration Substantial copper production and metal inventory Excellent platform for growth 1. Cu Eq t = ((Cu Produced x Cu $/t) + (Au Produced x
Slide 5: Delivered on Aeris' FY26 Strategy
Delivered on Aeris’ FY26 Strategy Balance Sheet Repay debt 06 01 Operational Delivery Tritton Assets sales Murrawombie Pit Consider hedging strategy Constellation on time Resource extension LOM Cracow Golden Plateau Resource extension LOM Growth • Focus on life extensions 05 Real
Slide 6: FY26 at a Glance
FY26 AT A GLANCE Group guidance achieved and strong balance sheet 23kt 49koz 42.1kt Copper Gold Production Production Group Cu Eq (+19% YoY) (within guidance) Peel acquisition $285 million $202 million completed EBITDA1 Cash and (+78% YoY) receivables1 (+308% YoY) 1. Unaudited and as a result could
Slide 7: June Quarter Cash Flow
JUNE QUARTER CASH FLOW Cash flow from operations up 37%
Slide 8: FY26 Cash Flow
FY26 CASH FLOW
Slide 9: Tritton - New South Wales
TRITTON- New South Wales
Slide 10: Tritton's Future Secured
12 TRITTON’S FUTURE SECURED Fourfold increase in Ore Reserves1 10 +0.2 +2.7 8 Ore reserves grow to +10Mt containing 180kt Cu1 Tonnes (Mt) Total resources of 33Mt containing 540kt Cu1+70% 6 +3.8 10 Maiden underground reserve for Constellation of 3.8Mt (62kt Cu)1 4 Maiden reserve for Mallee Bull of 2.
Slide 11: Targeting Long Life Tritton Operation
TARGETING LONG LIFE TRITTON OPERATION Significant resources not yet in reserve Avoca Tank Budgery Murrawombie Kurrajong Tritton & SW Budgerygar Wirlong Mallee Bull Constellation 0 2 4 6 8 10 Resource (Mt) Reserve (Mt) 1. As at 30 June 2026. See Appendix for Mineral Resource and Ore Reserve Tables. R
Slide 12: Tritton Q4 Results
Sep 25 Dec 25 Mar 26 Jun 26 FY26 Production Summary Unit FY26 Qtr Qtr Qtr Qtr Guidance TRITTON Q4 RESULTS Ore Mined Mined Grade Ore Milled kt % Cu kt 284.7 1.98 358.3 245.1 2.16 251.8 392.6 1.49 326.0 615.9 1.46 451.1 1,538.3 1.68 1,387.1 Strong finish to the year Milled Grade % Cu 1.80 2.08 1.74 1.
Slide 13: Avoca Tank
AVOCA TANK Successful exploration increased mineralisation along strike and at depth 1. Refer to ASX release “Major Increase in Tritton Mineral Resources and Ore Reserves” dated 21 July 2026
Slide 14: Budgerygar
BUDGERYGAR Resources and reserves increased with drilling1 1. As at 30 June 2026. See Appendix for Mineral Resource and Ore Reserve Tables. Refer to ASX release “Major Increase in Tritton Mineral Resources and Ore Reserves” dated 21 July 2026
Slide 15: Constellation Update
CONSTELLATION UPDATE Construction Construction underway Underway Mining Lease Granted 22 July 2026
Slide 16: Cracow
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Slide 17: Cracow Q4 Results
Sep 25 Dec 25 Mar 26 Jun 26 FY26 Production Summary Unit FY26 Qtr Qtr Qtr Qtr Guidance CRACOW Q4 RESULTS Ore Mined Mined Grade kt g/t 142.3 2.16 150.9 2.49 137.1 2.40 150.3 2.33 580.6 2.35 Consistent production and costs Ore Milled kt 154.3 157.3 155.3 167.1 634.0 Milled Grade g/t 1.98 2.43 2.23 2.2
Slide 18: Golden Plateau
GOLDEN PLATEAU Drilling increasing confidence in future mining opportunity GPS160 14.2m @ 9.1g/t Au (Main lode)1 GPS148 2.5m @ 8.9g/t Au (Main lode)1 GPS168 6.7m @ 5.2g/t Au (Main lode)1 GPS171 32.2m @ 1.4g/t Au (Main lode)1 GPS171 2.1m @ 4.4g/t Au (North lode)1 GPS169A 18.5m @ 2.4g/t Au (East lode)
Slide 19: Projects
PROJECTS i = 4
Slide 20: Group Projects
GROUP PROJECTS Exploration at Jaguar 8 hole drill program completed at Jaguar targeting base metals Tested seven geology and gravity anomalies and one EM target Awaiting assays for drill results and downhole EM Stockman: Feasibility study to be released in H1 FY27 20
Slide 21: Delivering on Aeris' Strategy in FY27
DELIVERING ON AERIS’ STRATEGY IN FY27 01 OPERATIONAL DELIVERY 02 03 JAGUAR STRATEGY Tritton Cracow PORTFOLIO • Murrawombie Pit • Low-cost care & complete in Q2 • Golden Plateau mining study Q2 SIMPLIFICATION maintenance • Constellation in • Get ready to drill Continually assess • Finalise priority p
Slide 22: Aeris Resources
AERIS RESOURCES Australian mid-tier, copper and gold producer 2 producing operations (FY26: 42.1kt copper eq.)1 Multiple development projects Investing in exploration Substantial copper production and metal inventory Excellent platform for growth 1. Cu Eq t = ((Cu Produced x Cu $/t) + (Au Produced x
Slide 23: 7) Reris
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Slide 24: Appendix
APPENDIX
Slide 25: Group Ore Reserves
GROUP ORE RESERVES As at 30 June 2026. Refer to ASX announcement “Major Increase in Tritton Ore Reserves and Mineral Resources” dated 21 July 2026 Tonnes Grade Contained Metal Deposit Category (Mt) Cu Au Ag Cu Au Ag (%) (g/t) (g/t) (kt) (koz) (koz) Proved - - - - - - - Tritton Underground Probable 0
Slide 26: Group Ore Reserves
GROUP ORE RESERVES As at December 2024. Refer to ASX announcement “Group Mineral Resource and Ore Reserve Statement” dated 22 July 2025 BASE METALS Category Tonnes Grade Contained Metal Asset (‘000) Cu (%) Zn (%) Au (g/t) Ag (g/t) Cu (kt) Zn (kt) Au (koz) Ag (koz) Stockman Proved - - - - - - - - - P
Slide 27: Group Mineral Resources
GROUP MINERAL RESOURCES As at 30 June 2026. Refer to ASX announcement “Major Increase in Tritton Ore Reserves and Mineral Resources” dated 21 July 2026 Grade Contained Metal Grade Contained Metal Grade Contained Metal Deposit Category (Mt) Cu Au Ag Cu Au Ag Deposit Category (Mt) Cu Au Ag Cu Au Ag De
Slide 28: Group Mineral Resources
GROUP MINERAL RESOURCES As at December 2024. Refer to ASX announcement “Group Mineral Resource and Ore Reserve Statement” dated 22 July 2025 BASE METALS Category Tonnes Grade Contained Metal Project (Mt) Cu (%) Zn (%) Au (g/t) Ag (g/t) Cu (kt) Zn (kt) Au (koz) Ag (koz) Jaguar Measured 0.5 1.6 5.0 0.