Envirogold Global Limited · TSXV:NVRO
Envirogold Global — Investor Presentation (February 2026)
25 slides from Envirogold Global's investor presentation, February 2026
Slide 1: Unlocking Precious and Critical Metals from Above-Ground Assets
Unlocking Precious and Critical Metals from Above-Ground Assets Supporting Global Supply Security Through Technology-Enabled Recovery Corporate Presentation | 1Q2026 Metals Without Mining TSXV: NVROwww.envirogoldglobal.com | OTCQB: ESGLF TSXV:NVRO | www.envirogoldglobal.com | ©2026 1
Slide 2: Disclaimer
Disclaimer to the accuracy of such information. Further, market and industry data can be availability; the need to secure and maintain corporate alliances and subject to variations and cannot be verified due to limits on the availability and partnerships. The information contained in this presentati
Slide 3: Unlocking Precious and Critical Metals from Above-Ground Assets
Unlocking Precious and Critical Metals from Above-Ground Assets • Why metals supply is tightening • The opportunity in above-ground assets • EnviroGold & the NVRO Process • IP protection and partner strategy • Business model and scalability • Policy tailwinds (U.S. focus) • 2025 progress and 2026 mi
Slide 4: Why Metals Supply is Tightening
Why Metals Supply is Tightening Structural demand for metals is accelerating Gold, silver, copper and critical minerals are essential to electrification, defense, energy Metal prices reflect tightening supply, transition and supply-chain resilience not short-term cycles Elevated gold and silver pric
Slide 5: The Opportunity in Above-Ground Assets
The Opportunity in Above-Ground Assets Decades of mining have already Even small residual grades create produced vast quantities of material significant value at scale Large volumes of ore were mined, Across billions of tonnes globally, crushed & processed using historic residual metal content repre
Slide 6: From Stranded Asset (Liability) to Producing Asset (Value)
From Stranded Asset (Liability) to Producing Asset (Value) Tailings are traditionally managed They often contain recoverable Rising metal prices change the as long-term liabilities precious & critical metals economic equation Ongoing monitoring, remediation Gold, silver & other metals were left High
Slide 7: Introducing EnviroGold Global - NVRO
Introducing EnviroGold Global - NVRO EnviroGold is a clean-technology Focused on recovering precious & Technology-led, not asset-heavy company serving the mining industry critical metals from mine waste We do not own or operate mines; our We work with miners & tailings owners Our primary outputs inc
Slide 8: The NVRO Process (Plain English)
The NVRO Process (Plain English) ✓ Proprietary metal-recovery process ✓ Avoids cyanidation and high-risk owned by EnviroGold Global processing methods We work with miners & tailings Aligns with modern permitting, owners to unlock value from existing ESG & environmental and stranded assets expectatio
Slide 9: The NVRO Process
The NVRO PROCESSTM Turning Environmental Liabilities into Sustainable Assets HIGH-VALUE STRANDED ASSETS (LIABILITY) CONCENTRATES METAL RECOVERY RATES: Primary Metals: 99% Secondary Metals: 95% Tertiary Metals: 60 – 90% Mine Tailings (Sulfidic & Refractory) ENVIRONMENTAL RISKS: RESTORATION Acid Mine
Slide 10: Environmental & Structural Remediation
Environmental & Structural Remediation Customer Case Study LEGACY TAILINGS DEPOSIT AFTER NVRO PROCESSING 9.0 Mt Tailings 1.2 Mt High Value Concentrate + 7.8 Mt Tailings HIGH VALUE CONCENTRATE: 1.2 Mt Precious and Critical metals PROCESSING OUTCOMES Hazard Mitigation 96% reduction in Acid Mine Draina
Slide 11: Technology Validation
Technology Validation ✓ Technology Readiness: Commercial ✓ Engineered basis of design Pathway Established established NVRO has progressed to industrial-scale Results from testing and optimization demonstration with a clear, engineered are now embedded in an engineered pathway to full commercial oper
Slide 12: Intellectual Property & Process Control
Intellectual Property & Process Control ✓ Proprietary NVRO Process owned ✓ Integrated process complexity & controlled by EnviroGold creates high replication barriers The NVRO Process is EnviroGold’s core The value is not a single reagent or step, but the intellectual property and is retained under f
Slide 13: What NVRO Delivers
What NVRO Delivers For Mining Companies For Governments & & Tailings Owners Communities For Investors Additional metal recovery Faster access to strategic Capital-light, growth model from existing assets metals Licensing and royalties avoids Unlocks gold, silver & other metals Uses already-permitted
Slide 14: Fast-Track to Commercial Deployment
Fast-Track to Commercial Deployment ✓ Structured, stage-gated ✓ Capital-efficient approach for commercialization framework customers & EnviroGold A disciplined pathway that takes projects from Limits upfront expenditure by progressing first engagement through technical qualification only those proje
Slide 15: Rapid Deployment Pathway
Rapid Deployment Pathway Customer Engagement Process PRELIMINARY DECISION GATE DEFINITIVE DECISION GATE ANALYSIS ANALYSIS 3 MONTHS CONTRACT 6-9 MONTHS LICENSE AGREEMENT PHASE 1 ✓ CONDITIONAL LICENSING PHASE 3 ✓ LONG-TERM TECHNOLOGY ✓ Desktop Study of FRAMEWORK AGREEMENT ✓ µNVRO Pilot Scale Testing A
Slide 16: Strategic Partner Strategy
Strategic Partner Strategy Strategic Partner-led execution allows global reach & multiple concurrent project development Deep experience operating Design, build and operation complex tailings facilities of modular / micro NVRO globally, supporting industrial- plants, enabling fast, scale deployment
Slide 17: EnviroGold Global Business Model
EnviroGold Global Business Model ✓ Technology company, not a ✓ Licensing-led revenue model ✓ Scalable & repeatable deployment mining operator Revenue generated through: Same NVRO process applied EnviroGold licenses proprietary • technology license fees, across multiple tailings sites & process techn
Slide 18: Why This Scales
Why This Scales ✓ Technology, not asset ownership, ✓ Parallel project execution drives growth Approved partners allow multiple sites to EnviroGold scales by licensing proprietary advance simultaneously accelerating IP rather than owning mines or processing scale up and technology roll out plants ✓ C
Slide 19: Global Applicability of The NVRO Process
Global Applicability of The NVRO PROCESSTM ✓ Tailings are a global challenge ✓ Above-ground, permitted assets & opportunity reduce regional risk Mining jurisdictions worldwide face growing Existing tailings facilities typically face fewer volumes of historic tailings containing permitting, land acce
Slide 20: Policy Tailwinds (U.S. Focus)
Policy Tailwinds (U.S. Focus) ✓ Critical minerals are now a national ✓ Aligned with ESG & environmental priority objectives Gold, silver, copper and other critical Recovering metals from existing tailings metals are essential to energy transition, can reduce long-term environmental & defense & advan
Slide 21: Leadership & Governance
Leadership & Governance David Cam Grant Freeman Royston Denysschen Arthur Gooch Mike Nelson Executive Chair Chief Executive Officer Chief Operating Officer Chief Technology Officer Project Director • Technology development • Chief metallurgist • Strategy • Execution • Mineral commodity trading • Pro
Slide 22: 2026 Milestones
2026 Milestones ✓ Industrial engineering packages ✓ Demonstration campaigns ✓ Partner-led deployment completed validate expanded applicability readiness Finalize bankable, industrial-scale Execute customer test programs Advance commissioning and engineering to support commercial confirming NVRO perf
Slide 23: Investment Thesis
Investment Thesis ✓ Structural demand for ✓ Proprietary, defensible ✓ Capital-light, licensing- ✓ Leverage to metal prices precious & critical metals technology led business model with recurring revenue Gold, silver and strategic NVRO Process is Scalable growth without potential metals are essential
Slide 24: Benchmarking Assumptions vs Industry Peers
Benchmarking Assumptions vs Industry Peers $2.5b $2.2b $1.7b $800m Market Cap $C millions Peers indicate the potential $560m for a re rating of NVRO $300m $62.7m 5 6 7 8 9 Technology Readiness Level (TRL) TSXV:NVRO | www.envirogoldglobal.com | ©2026 www.envirogoldglobal.com Valuations as of January
Slide 25: Thank you Q&A
Thank you Q&A www.envirogoldglobal.com Grant Freeman, CEO ir@envirogoldglobal.com grant.freeman@envirogoldglobal.com +1-647-258-3310 David Cam, Executive Chair Metals Without Mining 1890 – 1075 West Georgia St. david.cam@envirogoldglobal.com Vancouver, BC, V6E 3C9 TSXV: NVROwww.envirogoldglobal.com
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