Greatland Resources Limited · ASX:GGP
Greatland Resources — Q2 2026 Earnings Presentation
23 slides from Greatland Resources's earnings presentation, Jul 29, 2026
Slide 1: A Leading Australian Gold-Copper Producer
For personal use only A Leading Australian Gold-Copper Producer 100% owner of Telfer and Havieron June 2026 Quarter Presentation 29 July 2026
Slide 2: Disclaimer
Disclaimer The summary information contained in this document has been provided solely for information purposes and does not purport to be comprehensive or contain all the information that may be required by recipients to evaluate Greatland Resources Limited (Greatland or Company). This document and
Slide 3: Important Information
Important Information ASX Listing Rule 5.23 This presentation contains references to Mineral Resource estimates for Telfer and Havieron, which have been extracted from the Company’s ASX announcement dated 30 March 2026 titled ‘December 2025 Group Mineral Resource Statement’, contains references to O
Slide 4: Results and Performance Highlights
For personal use only Results and Performance Highlights
Slide 5: Performance against FY26 guidance
Performance against FY26 guidance FY26 production and AISC exceed guidance, growth and drilling in-line For personal use only FY26 Guidance FY26 Actual Achieved Guidance? Gold production (oz) 260 – 310koz 329koz ✓✓ AISC ($/oz Au) $2,400 - 2,800/oz $2,179/oz ✓✓ Telfer and Havieron growth ($m) $290 –
Slide 6: June 2026 Quarter Results
June 2026 Quarter Results Production & AISC Sales Cash & Finance For personal use only Production of 79.1koz Au and 3.6kt Cu at Sales of 74.6koz Au and 3.5kt Cu at Operating cash flow of $302m (Mar Q: $453m) AISC of $2,312/oz average realised price of $6,468/oz Cash build of $81m (Mar Q: $260m) Full
Slide 7: June 2026 Quarter Results
For personal use only June 2026 Quarter Results
Slide 8: Operations - Mining
Operations - Mining June Quarter ore mined to mill from open pit of 3.53Mt at 0.44g/t Au and underground of 0.32Mt at 1.74g/t Au Mining Areas for the Quarter Key operating metrics kt Open Pit Ore Mined (Mill Feed) g/t 0.64 0.8 For personal use only 4,000 0.59 0.60 0.58 3,630 3,528 0.6 3,000 2,611 2,
Slide 9: Operations - Processing
Operations - Processing Production of 79.1koz Au and 3.6kt Cu, with gold recovery of 86.8%, maintaining the high YTD recovery Ore Milled (kt) and Head Grade (g/t Au) Summary kt g/t Au ▪ 5.19Mt processed with average head grade of 0.53g/t Au & 0.08% Cu 0.68 For personal use only 7,500 0.65 0.75 ▪ Con
Slide 10: Costs, AISC and Average Realised Price
Costs, AISC and Average Realised Price June Quarter AISC of A$2,312/oz, AISC margin of over $4,150 per ounce AISC Cost Buildup (A$m) Average Realised Price and AISC (A$/oz) AISC Average Realised Price and AISC (A$/oz) For personal use only Costs (A$m) 6,773 7,000 6,468 250 191.7 189.5 182.9 $6,301 1
Slide 11: Cash Flow and Finance
Cash Flow and Finance $302m operating cash flow and closing cash of $1,289m at end of June Quarter Dec Q 2025 Cash Flow Key Quarterly Financials Au Sold Cu Sold Net Revenue Operating CF For personal use only (32) (5) 74,648oz 3,531t $545m $302m 1,386 302 (87) 1,289 (59) 1,208 (27) (11) Au realised C
Slide 12: Progress of Planned Growth Capital Initiatives
Progress of Planned Growth Capital Initiatives Key investments in Telfer life extension well underway Growth Initiatives Quarterly Commentary Telfer Growth Capital For personal use only ▪ TSF8 Stage 4 lift scheduled for Q3 FY27 completion and gives capacity to H2 FY28 TSF8 Stage 4 lift ▪ TSF 8 Stage
Slide 13: Telfer Reserve Update
For personal use only Update Telfer Reserve
Slide 14: Investment has delivered meaningful upgrades to Reserves & Resources
Investment has delivered meaningful upgrades to Reserves & Resources Investment is being made across mine development, infrastructure and fleet for multi-year life extension at Telfer Greatland has almost doubled its Resource since taking control of Telfer and Havieron, supporting a long-life operat
Slide 15: Telfer's recent Reserve upgrade in pictures
Telfer’s recent Reserve upgrade in pictures For personal use only 42% more gold from Inferred Resources that is treated as waste withing the ORE pit shell Proved Probable Combined Area Tonnes Grades Tonnes Grades Tonnes Grades Metal Mt g/t Au % Cu Mt g/t Au % Cu Mt g/t Au % Cu Moz Au kt Cu WDO - - -
Slide 16: Pinnacles discovery enhancing West Dome Underground potential
Pinnacles discovery enhancing West Dome Underground potential Main Dome For personal use only Open Pit West Dome Open Pit Main Dome Underground West Dome underground maiden resource Pinnacles discovery 58.7m @ 6.5g/t Au & 0.1% Cu from 1,754m (approx. true width) inc. 37.0m @ 9.98g/t Au & 0.14% Cu +
Slide 17: FY27 Guidance
For personal use only FY27 Guidance
Slide 18: FY27 Guidance
FY27 Guidance Continued high volume production from Telfer to support investment at Telfer and Havieron For personal use only Gold Production AISC 260 - 300koz Au $2,900 - 3,330/oz Au Modestly second-half weighted (open pit AISC higher in first-half due to modest second- scheduling), 15-day planned
Slide 19: FY27 Telfer Growth Capital
FY27 Telfer Growth Capital Telfer growth capital guidance of $315 – 335m to fund investments across mine development, infrastructure and fleet renewal to extend and grow Telfer operations Investing in Telfer’s multi-year life extension – key areas For personal use only FY27 Telfer Growth Capital FY2
Slide 20: Conclusion
For personal use only Conclusion
Slide 21: June 2026 Quarter Summary and Outlook
June 2026 Quarter Summary and Outlook Exceeded Guidance Strong Cash Flow Reserve Upgrade FY27 Production FY27 Growth FY27 drilling For personal use only FY26 production of $714m in cash at bank Significant upgrade to 260 – 300koz of gold Significant investment Continuation of the 329koz Au at an AIS
Slide 22: For further information
For personal use only For further information info@greatland.com.au https://greatland.com.au Muddled 'X' rebrand of Twitter kills the blue bird | Marketing Mag
Slide 23: Greatland Mineral Resource & Ore Reserve statements
Greatland Mineral Resource & Ore Reserve statements Table 1: Telfer and Havieron Mineral Resource Estimate 1 Measured Indicated Inferred Total Tonnes Au Cu Tonnes Au Cu Au Tonnes Au Cu Au Tonnes Au Cu Au Cu Domain Mt g/t % Mt g/t % Moz Mt g/t % Moz Mt g/t % Moz kt Havieron 50 2.56 0.33 4.1 81 1.09 0