Slide 1: December 2025 Half Year Results
December 2025 Half Year Results Diversified resource royalties 17 February 2026 | ASX : DRR
Slide 2: Important notices and disclaimer
Important notices and disclaimer This presentation has been prepared by Deterra Royalties Limited (“Deterra”, “the Company”). By accessing this presentation, you acknowledge that you have read and understood the following statement. The material in this presentation is general summary information ab
Slide 3: 1H26 Highlights
1H26 Highlights Record first half NPAT of $87m up 36%1, delivering 12.4cps fully franked dividend MAC record sales volumes increase royalty revenue by 12%1 Disposal of precious metals assets at c28% pre-tax IRR5, reducing debt and increasing dividends Thacker Pass targeting first production in
Slide 4: 1H26 Financial Performance
1H26 Financial Performance Record first half NPAT driven by MAC volumes and profit from asset sales Profit and Loss ($m)1 Page 1H26 1H252 Mvmt $ Mvmt % Per share information 1H26 1H25 MAC royalty 5 116.0 103.7 12.4 12% Basic weighted avg shares (m) 529.0 528.7 Other royalty revenue 1.2 1.4 (0.3) Bas
Slide 5: MAC royalty revenue
MAC royalty revenue Record first half sales volumes with strong realised iron ore pricing Performance against 1H25 MAC receipts, volume and realised price Royalty revenue (A$M) Capacity payment (A$M) 300 Royalty Revenue 250 46 13 20 • Royalty Receipts $116M 12% 200 150 MAC Performance 239 100 219 21
Slide 6: 1H26 Operating Costs: recurring and non-cash
1H26 Operating Costs: recurring and non-cash 1H26 1H251 Ongoing Recurring: • Employee costs up $0.6m from one off CEO succession costs ($1m) offset by lower office head count BD expenditure variable Operating costs $8.1m $6.4 • External BD costs up $0.7m off low 1H25 during Trident depending on acti
Slide 7: Sales of Precious Metal Assets
Sales of Precious Metal Assets c28% pre-tax IRR generated from non-core asset sales US$82 million (A$124 million) disposals of non-core assets: A$8.4m accounting gain on sale: • A$8.4m post tax accounting gain on sale La Preciosa silver assets: • A$108m received and used to pay down debt in 1H26 • A
Slide 8: Balance sheet and liquidity
Balance sheet and liquidity Liquidity position and balance sheet remain strong and in line with capital management framework Debt repayment waterfall (A$M) • A$500 million revolving credit lines across 4 bi-lateral facilities • A$344 million undrawn credit facilities Increase Decrease Total - • Net
Slide 9: Disciplined Strategy Execution and Capital Management
Disciplined Strategy Execution and Capital Management Deterra’s strategy to deliver both future growth and shareholder returns LOW-RISK ROYALTY REVENUE SUPPORTING SUSTAINABLE MODEL GROWTH AND DIVIDENDS Targeting 0-15% Leverage Ratio3 through Strong Balance Sheet the cycle Royalty cashflow EXECUTING
Slide 10: For more information
For more information Investor enquiries Media enquiries Jason Clifton Peter Klinger Chief Financial Officer Purple Email: investor.relations@deterraroyalties.com Mobile: +61 (0) 411 251 540 Email: pklinger@purple.au Deterra Royalties Limited ACN 641 743 348 Level 16, 140 St Georges Terrace Perth WA