Fortress Minerals Limited · SGX:OAJ
Fortress Minerals — 4Q FY2026 Earnings Presentation
24 slides from Fortress Minerals's earnings presentation, 2026
Slide 1: Fortress Minerals Limited Results Presentation 4Q FY2026
Fortress Minerals Limited Results Presentation 4Q FY2026 Malaysia - Singapore
Slide 2: Important Notice
IMPORTANT NOTICE: This presentation does not constitute or form any part of any offer for sale or subscription of, or solicitation of any offer to buy or subscribe for, any securities in Fortress Minerals Limited (“Fortress Minerals” or the “Group”) in Singapore or any other jurisdiction nor shall i
Slide 3: Fortress Overview
01 Fortress Overview
Slide 4: Key Management Personnel
Key Management Personnel Talents responsible for the stewardship and long-term sustainable success of the Group Dato’ Sri Ivan Chee Fionne Chua Executive Director & Financial Controller Chief Executive Officer • Responsible for the overall management • Responsible for all finance and and operations
Slide 5: Operations Leadership Team
Operations Leadership Team Driving Operational Excellence and Sustainable Growth Across the Group Edmund Chee Cheng Wei Yet Jimmy Lim Executive Director & Operations Senior General Manager IT Transformation Director and Projects Director • Oversees and manages key • Leads the development of • Overse
Slide 6: Fortress at a glance
Fortress at a glance Bukit Besi, We employ over Our Location Terengganu We are a 1ST (Mining site 1) iron ore company listed producer and exporter of marketable and high-grade 500 employees and contractors Mengapur Sri Jaya, Pahang (Mining site 2) Petaling Jaya on Catalist Board of SGX-ST iron ore H
Slide 7: Fortress at a glance: values, vision and mission
Fortress at a glance Fortress is committed to our team’s safety and values of integrity, sustainability, empowerment, and prosperity. Our team drives the business to achieve our vision of excelling in mineral exploration through strategic insights and alliances, addressing regional client demands, a
Slide 8: Fortress Evolution
Fortress Evolution From Single asset to APEC Mining Platform Foundation Listing Diversify Expansion FY2016 – FY2018 FY2019 – FY2021 FY2022 – FY2024 FY2025 – FY2026 Built the core asset Scaled into a Diversified asset base Building APEC, listed mining producer sustainable platform FY2016 FY2020 FY202
Slide 9: Our Strategic Assets
02 Our Strategic Assets Mining Project Overview
Slide 10: At a glance: Producing assets of Fortress Minerals
At a glance: Producing assets of Fortress Minerals Bukit Besi, Terengganu (Mining site 1) Mengapur Sri Jaya, Pahang Bukit Besi Bukit Besi (renewable) (Mining site 2) Mining land of 526.20 hectare 13 years mining license granted till 2033 Mengapur Mengapur (renewable) Four Mining Leases by two subsid
Slide 11: Bukit Besi Mine Strategic location supported by good Infrastructure
Bukit Besi Mine Strategic location supported by good Infrastructure Daily trucking to Customers’ stockyards Bukit Besi Area 526.2 h Airport 1.5 hour Mobility Easy access to highways convenience Seamless transportation flows Domestic customers Proximity to customers’ stockyards Bukit Besi Kemaman Por
Slide 12: Bukit Besi Mineral Resource
Bukit Besi Mineral Resource A closer look RESOURCE SUMMARY: West, Valley and East Deposits (Bukit Besi) WAG ^ In million tonnes 45.34% 44.36% 44.16% 40.62% 38.88% 14.49 1.30 East (Inferred) 11.55 0.16 East (Indicated) 0.41 Bukit Besi’s 0.29 Valley (Inferred) Operation 7.79 Valley (Indicated) 6.73 10
Slide 13: Quick Snapshot & Introduction Mengapur
Quick Snapshot & Mengapur Introduction Mineral Resource Type and Estimate Other minerals If encountered, will be stockpiled for future processing Mengapur Gold Larger & Ready for development Primary focus: Copper Magnetite iron ore 35.89 Bk Besi – 526.2ha 2.10 Million Tonnes (Inferred & Indicated) S
Slide 14: Operational Updates
03 Operational Updates
Slide 15: Operational updates: Bukit Besi
Operational updates Bukit Besi • The Group continues to grow its production capabilities at its first mine at Bukit Besi. • The construction of a new crushing plant was successfully completed in 1Q FY2026. • To optimise operational efficiency, commissioning continues to be strategically aligned with
Slide 16: Operational updates: Mengapur
Operational updates Mengapur • The Group has completed the flowsheet and engineering design for a new integrated processing plant at the CASB mine, and is constructing a pilot plant to support trial production of iron ore, copper, and pyrrhotite concentrates. • Effective 31 May 2025, the CASB mining
Slide 17: Operational updates: Seri Bandi (Under Construction)
Operational updates Seri Bandi (Under Construction) • Following the acquisition of the Seri Bandi mine site in 2Q FY2026 and completion of exploration drilling and geological studies, the Group commenced construction of mining and processing facilities in 4Q FY2026, in line with its expansion strate
Slide 18: Operational updates: Offtake agreements
Operational updates Two new offtake agreements secured in FY2026 28 August 2025 – Two new 24-month offtake agreements • On 28 August 2025, the Group’s subsidiary Fortress Resources Pte. Ltd. (“FRPL”) entered into two new 24-month offtake agreements with an independent third-party domestic steel mill
Slide 19: Financial Results
04 Financial Results
Slide 20: Financial results for FY2026
Financial results for FY2026 Revenue reached a record high on the back of strong sales volume for FY2026 Financial Revenue Margin Earnings performance US$ 64.3 Million 58.1% US$ 19.3 Million Gross Revenue 14.2%^ Gross Profit Margin 1.3 ppt^ Underlying EBITDA 18.9%^ Balance sheet Operating cash flow
Slide 21: Financial highlights
Revenue Financial highlights Strong regional demand drives robust financial performance +14.2% 64.3 +4.5% 56.3 53.9 Financial metrics FY2024 FY2025 FY2026 US$’ million FY2024 FY2025 FY2026 Revenue 53.9 NPAT and margin 56.3 64.3 18.6% 15.2% 269,615 Gross profit 33.3 33.4 37.3 10.6% 10.0 9.8 +66.1% Gr
Slide 22: Healthy gross profit margin
Healthy gross profit margin Driven by steady growth in sales volume and cost savings US$ million GROSS PROFIT (US$ Million) and GROSS PROFIT MARGIN (%) 4.8 37.3 59.3% 33.4 -0.7 Margin 61.7% 58.1% 75. 0% 70. 0% -0.2 65. 0% Higher direct 60. 0% Stronger export 40.0 55. 0% 50. 0% 45. 0% Slightly lower
Slide 23: Financial performance: A quick glance
Financial performance A quick glance 23
Slide 24: Thank You
THANK YOU Stay in touch with us Address 9-1, Jalan PJS 8/18, Dataran Mentari, 46150 Petaling Jaya, Selangor Darul Ehsan, Malaysia. Registered Office 36 Robinson Road #20-01 City House Singapore 068877 Contact info Email: corporate@fortress.sg Website: www.fortress.sg Telephone Office phone: +603 780