Slide 1: March Quarter Report Webinar Presentation
For personal use only 23 APRIL 2026 ASX/TSX: PRU
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS COMPETENT PERSON STATEMENT: All production targets referred to in this report are underpinned by estimated Ore Reserves which have been prepared by competent persons in accordance with the requirements of the JORC Code. For personal use only The information in this report that
Slide 3: March Quarter Operating Performance
MARCH QUARTER OPERATING PERFORMANCE For personal use only SAFETY GOLD ALL-IN AVG GOLD CASH NOTIONAL NET CASH PRODUCED SITE COST SALE PRICE MARGIN (2) CASHFLOW(2) & BULLION TRIFR 0.75 107,144 oz US$1,748/oz US$4,143/oz US$2,395/oz US$252M US$817M (3) Down 10%(1) Up 18,256 oz (1) Down US$52/oz(1) Up U
Slide 4: Portfolio Enhancements
PORTFOLIO ENHANCEMENTS For personal use only NYANZAGA ORE RESERVE NYANZAGA PROJECT WEST AFRICAN GOLD EXPLORER MEYAS SANDS PROJECT Increased by On track for Aurum Resources Sold for cash 73% to first gold (ASX:AUE) consideration of 4.0Moz Jan 2027 9.9% Acquired interest US$260M PERSEUS MINING 4
Slide 5: Yaouré Gold Mine – March Quarter Performance
For personal use only YAOURÉ GOLD MINE – MARCH QUARTER PERFORMANCE OUNCES PRODUCED AISC NOTIONAL CASH MARGIN NOTIONAL CASH FLOW 36.6koz(1) US$2,049(2) oz US$1,957(3) oz US$68M(3) Up 14% on Q2 Down 2% on Q2 Up 70% on Q2 Up 84% on Q2 • Runtime metrics - 92%, head grade - 1.29g/t and recovery - 93.4%.
Slide 6: Edikan Gold Mine – March Quarter Performance
EDIKAN GOLD MINE – MARCH QUARTER PERFORMANCE For personal use only OUNCES PRODUCED AISC NOTIONAL CASH MARGIN NOTIONAL CASH FLOW 45.1k oz US$1,539 oz US$2,745 oz US$124M Up 18% on Q2 Flat on Q2 Up 27% on Q2 Up 49% on Q2 • Runtime metrics - 91.6%, head grade - 0.84g/t, and recovery 88.6%. • Sales - 43
Slide 7: Sissingué Gold Complex – March Quarter Performance
SISSINGUÉ GOLD COMPLEX- MARCH QUARTER PERFORMANCE For personal use only OUNCES PRODUCED AISC NOTIONAL CASH MARGIN NOTIONAL CASH FLOW 25.5k oz US$1,708 oz US$2,351 oz US$60M Up 38% on Q2 Down 7% on Q2 Up 70% on Q2 Up 140% on Q2 • Runtime metrics - 97%, head grade - 1.92g/t, and recovery - 91.6% • Sal
Slide 8: FY 2026 Production and Cost Guidance Remains Unchanged
FY 2026 PRODUCTION AND COST GUIDANCE REMAINS UNCHANGED PARAMETER UNITS 2026 FINANCIAL YEAR (FORECAST) YAOURÉ GOLD MINE For personal use only Production Ounces 168,000-184,000 All-in Site Cost USD per ounce $1,620-$1,790 EDIKAN GOLD MINE Production Ounces 154,000-169,000 All-in Site Cost USD per ounc
Slide 9: Financial Position
For personal use only FINANCIAL POSITION PERSEUS MINING LIMITED PERSEUSMINING.COM 3
Slide 10: Capital Management
CAPITAL MANAGEMENT For personal use only NET CASH AND BULLION LIQUIDITY LISTED SECURITIES US$817M US$1.2B US$254M Up US$62M on Q2 US$400M undrawn debt INTERIM DIVIDEND SHARE BUY BACK HEDGING 5CPS A$100M to 9%(1) Up 100% on prior period 26% of Buyback completed Down from 11% on Q2 (1) Calculated on f
Slide 11: Cashflow and Balance Sheet
CASHFLOW AND BALANCE SHEET For personal use only PERSEUS MINING PERSEUSMINING.COM 11
Slide 12: Reconciliation of All-In Site Cost to All-In Sustaining Cost
RECONCILIATION OF “ALL-IN SITE COST” TO “ALL-IN SUSTAINING COST” (US$/OUNCE) For personal use only • All-In-Site-Cost and All-In-Sustaining-Cost in Q3 FY26 includes US$4.5 million of costs relating to excess waste stripping. • When reporting cost of sales, in line with accepted practice under IFRS,
Slide 13: Organic Growth
For personal use only ORGANIC GROWTH PERSEUS MINING LIMITED PERSEUSMINING.COM 13
Slide 14: Nyanzaga Development Project – March'26 Quarter Progress
NYANZAGA DEVELOPMENT PROJECT – MARCH’26 QUARTER PROGRESS Progress • Project on track for first gold pour January 2027 For personal use only • Overall progress achieved - 48% • US$345M(1) incurred and committed - 66% of approved $523M budget Additional feasibility studies and infill & resource defini
Slide 15: Nyanzaga Project Update
NYANZAGA PROJECT UPDATE For personal use only Stockpile Feed Stacker CIL Top of Tank Install Primary Permanent Conveyor Structural Structural Mill Ore to the Gyratory Crusher Camp Steel & Mechanical Steel Installation Installation Crushed Ore First Main Components Complete Installation complete comp
Slide 16: CMA Underground Project – Yaouré Gold Mine
CMA UNDERGROUND PROJECT – YAOURÉ GOLD MINE • Jan 2026 – key milestone achieved - first gold produced from the Blika portal, that paves the way for production drilling of the first long hole open stope early For personal use only in the June Quarter • Total of 1,599m of lateral development achieved a
Slide 17: Sustainability
For personal use only SUSTAINABILITY PERSEUS MINING LIMITED PERSEUSMINING.COM 17
Slide 18: A Resilient and Reliable Partner
A RESILIENT AND RELIABLE PARTNER Generating material benefits for all our stakeholders, in fair and equitable proportions For personal use only $282M (Q3) 95% 0.75 $766M (YTD) of national employment TRIFR (as of 31 Mar 2026) $10.1M in Employee wages and 12.6% benefits $91.2M in Taxes and % OF royalt
Slide 19: For personal use only
For personal use only This presentation was authorised for release by Perseus Managing Director and CEO, Craig Jones ASX/TSX: PRU | WWW.PERSEUSMINING.COM