Boss Energy Limited · ASX:BOE
Boss Energy — Q2 FY26 Earnings Presentation
13 slides from Boss Energy's earnings presentation, Jan 28, 2026
Slide 1: A global multi-mine Uranium producer: December 2025 Quarterly Results
For personal use only A global multi-mine Uranium producer December 2025 Quarterly Results 28 January 2026 ASX: BOE | OTCQX: BQSSF bossenergy.com
Slide 2: Strong quarter of production, reduced cost and strong balance sheet
Strong quarter of production, reduced cost and strong balance sheet Q2 Highlights For personal use only Production Results Strong Financial Further growth and Position other initiatives underway • Record Honeymoon quarterly drummed • Average realised price of $112.2/lb • Continued program of work to
Slide 3: Record drummed production keeps Boss on track to meet FY26 Guidance
Record drummed production keeps Boss on track to meet FY26 Guidance Honeymoon Production Results Honeymoon Quarterly Production For personal use only lbs 500,000 • Drummed production of 456 klbs lbs U3O8 up 70 klbs (18%). 450,000 400,000 • IX production of 406 klbs up 30 klbs (8%) due to increased f
Slide 4: Full year cost guidance adjusted lower
Full year cost guidance adjusted lower Cost Performance For personal use only Q2 Q1 Full Year Guidance FY26 Key Metric Unit FY26 FY26 Revised Previous • Full year C1 cost guidance revised $5/lb lower following continued Cash Cost $/lb 30 34 36-40 41-45 positive results from reagent optimisation in t
Slide 5: Boss is well positioned to self-fund New Feasibility Study and growth opportunities
Boss is well positioned to self-fund New Feasibility Study and growth opportunities Financial Strength For personal use only Sales and Inventory Q2 FY26 Q1 FY26 Sales and loan repayments1 US$000’s 25,886 37,329 • Strong average realised price of US$74.0 for 350 klbs of sales reinforces Sales and loa
Slide 6: Alta Mesa JV continues to bring on new wellfields
Alta Mesa JV continues to bring on new wellfields Alta Mesa JV Alta Mesa JV Quarterly Production (100%) For personal use only Drummed (lbs) • Drummed production of 143 klbs down 64 klbs (31%) on the previous 250,000 quarter’ of 206 kbs (on a 100% basis). 200,000 • Boss received 68 klbs of drummed pr
Slide 7: New Feasibility Study is a top strategic priority
New Feasibility Study is a top strategic priority New Feasibility Study Wide spaced wellfield vs current design For personal use only Variance to current design (%) • The Honeymoon Review1 was concluded with an expected material and 550 significant deviation from the assumptions underpinning the Com
Slide 8: The early development of the Satellite Deposits has been accelerated
The early development of the Satellite Deposits has been accelerated Satellite Deposits For personal use only • The early development of Gould’s Dam and Jason’s Deposit remains a key near-term opportunity for the Company. • An updated resource statement and timetable of work required to bring these
Slide 9: Boss on track to meet FY26 Guidance
Boss on track to meet FY26 Guidance Summary For personal use only • Strongest quarter of drummed production and a reduction in operating cost guidance reflects ongoing operational improvements at Honeymoon. • On-track to ensure safe delivery of FY26 production guidance. • Retain strong balance sheet
Slide 10: Appendices
For personal use only Appendices
Slide 11: Appendix 1: Quarterly Cashflow bridge
Appendix 1: Quarterly Cashflow bridge $000's For personal use only 100,000 44,374 90,000 80,000 (16,302) 70,000 (6,109) 60,000 (5,455) (4,542) 617 52,857 (3,743) 50,000 47,767 (3,751) 40,000 30,000 20,000 10,000 - Opening Receipts Honeymoon Honeymoon Honeymoon Alta Mesa G&A Exploration Other Closing
Slide 12: Disclaimer and Important Notices
Disclaimer and Important Notices IMPORTANT: You must read the following before continuing. EFFECT OF ROUNDING This investor presentation (“Presentation”) has been prepared by Boss Energy Limited (ACN 116 834 336) (Boss Energy or A number of figures, amounts, percentages, estimates, calculations of v
Slide 13: Keep in touch
For personal use only December 2025 Quarterly Results Keep in touch +61 (8) 6263 4494 boss@bossenergy.com ASX: BOE | OTCQX: BQSSF