Westgold Resources Ltd · ASX:WGX
Westgold Resources — Investor Presentation (August 2026)
22 slides from Westgold Resources's investor presentation, Aug 28, 2026
Slide 1: Corporate Update
For personal use only Corporate Update Growing Inventory; Expanding Capacity; Returning Capital ASX | TSX : WGX westgold.com.au
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer Investor Presentation Forward-looking Statements This investor presentation is dated 28 August 2026 and has been prepared by Westgold Resources Limited (ASX: WGX, TSX:WGX) This document contains “forward-looking information” and “forward-looking statements” which are
Slide 3: Important Notices and Disclaimer
Important Notices and Disclaimer Ore Reserves and Mineral Resources (iv) changes to proposed mine plans; (v) the evaluation of mine plans subsequent to the date of any estimates; and (vi) the possible failure to receive required permits, approvals and licenses. The information in this presentation t
Slide 4: Westgold - a leading Australian gold company
Westgold - a leading Australian gold company ASX100, unhedged gold producer of scale Three consecutive years of record production – FY26 production of 387koz exceeds FY26 guidance1 For personal use only All Australian – multi-mine production within a Tier 1 jurisdiction 4 processing hubs in Western
Slide 5: Delivering on our strategy
FY26 Corporate Update Delivering on our strategy A record year — stronger earnings, a larger reserve and more capital returned Financial Strength1 Inventory Growth2 Organic Expansion3 Shareholder Returns4 For personal use only $1.1B 4.1Moz +66% $122M Underlying EBITDA Ore Reserves Potential milling
Slide 6: Liquid unhedged ASX100 gold producer
ASX:WGX - liquid unhedged ASX100 gold producer ASX:WGX - liquid & unhedged ASX100 gold producer Shares Outstanding1 944.1M $10.00 Westgold ASX : WGX share price performance2 $8.05 Market Capitalisation2 $6.5B $8.00 $6.83 $6.00 Average daily trading volume2 3.3M For personal use only $4.00 Cash, bull
Slide 7: Financial Strength
For personal use only Financial Strength FY26 Financial Results 7
Slide 8: FY26 Financial highlights
FY26 Financial highlights1 Underlying EBIT Underlying EBITDA Earnings after depreciation and $773M $1.1B amortisation 349% YoY For personal use only 122% YoY A record year of earnings — 387koz produced at an Underlying NPAT AISC of $2,841/oz Underlying net profit attributable to shareholders $480M 4
Slide 9: Underlying EBITDA to Statutory NPAT Reconciliation
Underlying EBITDA to Statutory NPAT Reconciliation 1 Non-cash gap between consideration and Increased production year on year drove book value on Mt-Henry Selene, net of the higher depreciation compared to FY25 gain on Peak Hill 1,104 (5) (119) 3 982 Deferred tax liability released on the Mt- (1) Fo
Slide 10: FY26 Cash highlights
FY26 Cash highlights 1 Net cashflow from Investing cash flow Free cash flow Closing Treasury Balance operations $964M $362M $602M $939M For personal use only 170% YoY 3% YoY 11,940% YoY 158% YoY Cash generated by the four Investment in growth capital Operating cash flow after Cash, bullion and liqui
Slide 11: FY26 Treasury Movement ($M)
For personal use only FY26 Opening 364 Treasury Balance Opening Bullion (96) Opening (28) Investments Opening Cash 240 Murchison 822 Operating Cashflow 1. Treasury (cash, bullion and liquid investments) Southern Goldfields 318 Operating Cashflow Operating Sustaining Capital (54) Stockpiles (34) 25 W
Slide 12: Inventory Growth
For personal use only Inventory Growth FY26 Reserves and Resources update 12
Slide 13: FY26 Group Reserves and Resources
FY26 Group Reserves and Resources 1 Ore Reserves Mineral Resources 4.1Moz 41%1 YoY 14.4Moz 8%2 YoY For personal use only 57Mt at 2.22g/t Au — grade up 15% from 1.93g/t in FY25 194Mt at 2.30g/t Au — grade up from 2.18g/t in FY25 Third consecutive year of Reserve growth after mining depletion Meas
Slide 14: Steady build in Ore Reserves since FY23
Steady build in Ore Reserves since FY23 1 Drilling success is compounding 4.1 Third consecutive year of Reserve growth For personal use only +28% p.a. after mining depletion, since increased 3.5 drilling investment began in FY23 3.3 1.5Moz of gross Ore Reserve additions delivered organically in
Slide 15: Fletcher continues to grow
Fletcher continues to grow 1 1.1Moz Maiden Ore Reserve within two years of Beta Hunt acquisition Fletcher Mineral Resource Fletcher Indicated Resource Fletcher Maiden Ore Reserve 3.0Moz 1.6Moz 1.1Moz For personal use only 30% YoY 426% YoY 40.1Mt at 2.3g/t Au 18Mt at 2.7g/t Au 13.5Mt at 2.6g/t Au Res
Slide 16: Organic Expansion
For personal use only Organic Expansion Self funded growth 16
Slide 17: Bigger mills drive stronger economics
Bigger mills drive stronger economics Cue Hub1 Meekatharra Hub2 Higginsville Hub3 For personal use only 1.4Mtpa → 1.7Mtpa 1.8Mtpa → 2.9Mtpa 1.6Mtpa → 4.0Mtpa 21% increase in capacity 61% increase in capacity 150% increase in capacity 15kozpa production uplift 47kozpa production uplift DFS advancing
Slide 18: Shareholder Returns
For personal use only Shareholder Returns $122M returned to shareholders in FY26 18
Slide 19: 329% growth in Shareholder Capital Returns
329% growth in Shareholder Capital Returns1 $122M in total Shareholder Capital Returns for FY26 10cps Fully Franked Dividend +329% FY26 dividend of 10cps is 400% above the minimum annual $122M dividend commitment of 2cps in FY26 For personal use only Total payment of $95M - representing 16% of F
Slide 20: $50M Share Buy-Back Announced for FY27
$50M Share Buy-Back Announced for FY271 FY26 on-market share buy-back New Shareholder Capital Return Policy Adopted 1 $50M Minimum annual shareholder capital return 3 cents per share For personal use only Includes a minimum 2 cent ordinary dividend Balance returned via buy-backs or additional
Slide 21: Westgold – the value proposition
Westgold – the value proposition ASX 100, unhedged, gold producer of scale — focused on growing production, free cash flow and shareholder returns Three consecutive years of record production, reserve growth, and increasing returns to shareholders For personal use only Production of scale, and growi
Slide 22: ASX:WGX – the transformation continues
For personal use only Investor Relations Media Kasun Liyanaarachchi Annette Ellis Group Manager Investor Relations & Communications Manager Corporate Affairs Kasun.Liyanaarachchi@westgold.com.au Annette.ellis@westgold.com.au +61 458 564 483 +61 458 200 039 ASX:WGX – the transformation continues www.
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