Empire Metals Limited · LSE:EEE
Empire Metals — Investor Presentation (August 2026)
20 slides from Empire Metals's investor presentation, August 2026
Slide 1: Developing a World-Class Titanium Project in Western Australia
Developing a World-Class Titanium Project in Western Australia Corporate Presentation – August/September 2026 LON : EEE OTCQX : EPMLF
Slide 2: Disclaimer and Statements
Disclaimer and Statements This presentation (“Presentation”) has been prepared by Empire Metals Limited (“Empire” Competent Persons Statement or the “Company”) for information purposes only and may be subject to material The technical information in this report that relates to the Company’s explorat
Slide 3: Empire Metals: The Next Generation for Titanium
Empire Metals: The Next Generation for Titanium JORC MRE1 of 8.16Bt at 4.3% TiO2 containing 349Mt TiO2. Pitfield: Giant scale, long life The world’s largest titanium resource, capable of meeting future growth in world demand over a multi-generational timeline Western TiO2 pigments and high-purity Ti
Slide 4: Titanium is a Strategic Commodity Powering Critical Industries
Aerospace & Defense Titanium is a Strategic Commodity • • Aircraft engines & landing gear Missiles Powering Critical Industries • Armoured vehicles & submarines Aerospace demand driven by lighter, efficient fleet renewal (source: European Commission 2025) Medical • Critical Metal needed now and for
Slide 5: Low Cost, Sustainable Premium Titanium is in Short Supply
Titanium demand is growing, costs are high, the industry needs production from a new source Low Cost, Sustainable Premium Titanium is in Short Supply Global Titanium Dioxide Consumption 12000 10000 '000 Tonnes TiO2 8000 $20B Market Size in 2025* (USD) 3.4% CAGR from 2025-2030* 6000 4000 2000 Pigment
Slide 6: Tier-1 Jurisdiction and direct access to infrastructure
Tier-1 Jurisdiction and direct access to infrastructure De-risked development in a proven mining region in Western Australia → Mid-West region is a mining and agricultural hub – offering skilled labour services and clear permitting pathway → Export ready location - 320 km from Perth and 160 km Geral
Slide 7: The Largest Titanium Resource Reported Globally
Exceptional The Largest Titanium Resource Drill Results informed the MRE Reported Globally1 51m at 8.79% TiO2 from surface [AC26TOM250] A giant high-grade titanium deposit with exceptional continuity 66m at 7.91% TiO2 from surface [AC26COS220] 182m at 6.83% TiO2 from surface [DD24TOM003] TiO2 minera
Slide 8: High-Value In-Situ Weathered Cap
High-Value In-Situ Weathered Cap High-purity titanium dioxide minerals at surface MRE* contains in-situ weathered zones in both the Cosgrove and Thomas Resources totaling 4.39Bt at 4.4% TiO 2 containing 194.5Mt TiO 2 → Highest TiO2 grades within in-situ weathered cap, host to ~85% of Measured and In
Slide 9: Integrated processing flowsheet – ore to premium products
Integrated processing flowsheet – ore to premium products Conventional processing steps confirmed to produce a high-purity titanium dioxide product Mining Rougher / Cleaner Low Temp Leach Ti Hydrolysis Chemical Coating Scrubbing Flotation Acid Bake / Water Wash TiO2 Calcining Surface Treatment Ore B
Slide 10: Competitive cost potential
Competitive Key metallurgical outcomes cost potential Bench-scale testwork completed across all key processing steps. Pitfield offers a cost advantage relative to typical ilmenite process route, benchmarked >34% TiO2 mineral 99%+ TiO₂ against independent cost data from TiPMC concentrate Consulting.
Slide 11: Product & Market Strategy
Product & Market Strategy Pitfield TiO₂ - multiple high-value routes to market THE EMPIRE PROCESS A simple, low-cost alternative to typical ilmenite process routes – proven unit operations, minimal iron residue, a high- grade alumina by-product and a structural cost advantage from mine to market LON
Slide 12: Milestones Creating Value in H2 2026 and Beyond
Milestones Creating Value in H2 2026 and Beyond Upcoming catalysts – derisking for development z Rutile pigment product development and specification definition and active end-user engagement for pigment and sponge markets Alumina by-product development Pilot-scale flotation and leach testwork to co
Slide 13: Capital Structure
Capital Structure → Constituent of the AIM 100 Index → OTCQX-quoted → Raised £8m in May ‘26 Ticker LON:EEE from institutional shareholders → Planning ASX dual listing in H2 2026 Market Cap* £376M Share Price* 49.60p Major Shareholders 8.28% Aims Asset Management Sdn. Bhd. Shares on Issue 757,559,888
Slide 14: Board and Senior Management
Board and Senior Management Focused on execution and value creation Neil O’Brien Non-Executive Chairman Phil Brumit Non-Executive Director Former SVP Exploration & New Business Development Mining engineer and operations expert, delivering at Lundin Mining (Retired 2018). Extensive global major globa
Slide 15: Technical Excellence
Technical Excellence An exceptional technical team in Perth, WA Chris Dodds General Manager (Project Delivery) Andrew Faragher Exploration Manager Senior mining and resources executive with over 20 Former Rio Tinto General Manager Exploration years' experience delivering major mining, critical with
Slide 16: Most Titanium Starts as Low-Grade Ore and Requires Costly, Polluting Processes. Not Ours.
Most Titanium Starts as Low-Grade Ore and Requires Costly, Polluting Processes. Not Ours. Pitfield offers a better alternative for direct high-purity titanium supply to the market ✓ High-Purity Ore, ✓ Cost advantages High Purity 99.25% vs typical ilmenite TiO2 Product process route ✓ Higher continuo
Slide 17: A Once-in-a-Generation Titanium Opportunity
A Once-in-a-Generation Titanium Opportunity Long Life, Globally Rapid Project Development Significant Titanium Project → JORC MRE1 of 8.16Bt at 4.3% TiO2 for 349Mt → Advancing engineering and pilot-scale contained TiO 2 validation, in-line with product and market development → High-Purity (99%+ TiO₂
Slide 18: Disclaimer
Disclaimer Continued from Page 2 This Presentation has not been approved by any authorised person pursuant to Section 21(2)(b) of the Financial Services and Markets Act 2000 This Presentation contains confidential information regarding the ("FSMA") and is therefore being issued for information purpo
Slide 19: Appendix: Pitfield Project Mineral Resource Statement
Appendix: Pitfield Project Mineral Resource Statement Effective August 2026 Measured Indicated Measured and Indicated Inferred Total Mineral Resource Cut-off Tonnes Grade Tonnes Tonnes Grade Tonnes Tonnes Grade Tonnes Tonnes Grade Tonnes Tonnes Grade Tonnes Material type % (Mt) (%) (kt TiO2) (Mt) (%
Slide 20: info@empiremetals.com
info@empiremetals.com London: 6 Heddon Street, London W1B 4BT, UK Perth: 506A Hay Street, Subiaco WA 6008, Australia +44 (0) 20 4583 1440 www.empiremetals.com LON : EEE OTCQX : EPMLF