Allied Gold Corporation · TSX:AAUC
Allied Gold — Mining Forum Americas 2026
18 slides from Allied Gold's conference presentation, September 2026
Slide 1: Mining Forum Americas
TSX: AAUC; NYSE: AAUC MINING FORUM AMERICAS September 2026
Slide 2: Disclaimers
Disclaimers CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION AND STATEMENTS This presentation contains "forward-looking information" and future-oriented financial information (“FOFI”) within the meaning of applicable Canadian securities legislation. Except for statements of historical fact
Slide 3: Unique Mid-Tier Gold Producer
Unique Mid-Tier Gold Producer(1) Large and Increasing Mineral Inventory Underpinned by Two Tier-One Progressing to generate high margins and and Production Platform Generational Mines strong cash flows x x SADIOLA CDI COMPLEX KURMUK Tier-One Large mineral Robust production Realizing Next Tier-One La
Slide 4: 2026 Performance and Progress
2026 Performance and Progress(1) Kurmuk Mine start-up represents a material H1 Production 2026 Guidance, Producing Mines catalyst for production and 193,445 oz 385,000–425,000 oz cash flow growth • Operational Performance – Producing mines carrying momentum into H2, with higher production expected f
Slide 5: Kurmuk
2027 Outlook Average Production Kurmuk(1) Production 240–270 koz ’27–’30 ~300 koz Significant Growth and Upside 2027+ AISC(2,3) ➢ Grid connection energized, providing sufficient power to complete LOM Production (per oz) commissioning and support ramp-up ~240 koz <$1,300(5) ➢ First ore fed through th
Slide 6: Kurmuk
Kurmuk(1) Grid Power Energized; First Ore Fed Through Crushing Circuit Construction Water Dam Construction Team Safety Gathering Grid Power First Ore Ore Stockpile First Gold Commercial Energized Crushed ~1.0 Mt Expected Next Production ✓ ✓ ✓ ✓ ✓ Notes: 5 1. See Disclaimers and Cautionary Statement
Slide 7: Sadiola
Short-Term Average Production Sadiola(1) Production ’30–’33 200–230 koz >360 koz(5) Expansion and Optimizations 2029+ AISC(2,3) ➢ Generational asset, with significant mine life and mineral endowment LOM Production (per oz) ~300 koz <$1,700(6) ➢ Transitioned to +60% (and as much as 70%) of fresh rock
Slide 8: Côte d’Ivoire Complex
2029+ AISC(2,3) Côte d’Ivoire Complex(1) Target Production ~200 koz (per oz) ~$2,000(6) Expanding Production Platform with Upside Target Mine Life P&P Reserves(4) (yrs) (Moz) ➢ Agbaou and Bonikro located ~20 km apart, offering synergies(5) and a 10+ 1.0 significant contiguous land package ➢ Continue
Slide 9: Notable Optionality from Exploration Opportunities
Notable Optionality from Exploration Opportunities(1) Ongoing exploration activities are part of Allied’s strategy to leverage the existing resources and infrastructure to maximize production and cash flows in the short term. The 2026 exploration budget was recently increased to $36M. Sadiola Côte d
Slide 10: Unique Mid-Tier Gold Producer
Unique Mid-Tier Gold Producer(1) ➢ Established mid-tier producer ➢ Large-scale, long-life assets >600 ➢ Project pipeline with notable production growth resulting from improvements, optimizations and project development 379 ➢ Cash flow growth outpacing production growth 2025A 2027E 2029E ➢ Discipline
Slide 11: On the Cusp of Notable Growth
On the Cusp of Notable Growth(1) Delivering Significant Value for Shareholders Strengthened Operational Performance and Delivering Strengthened Improved Sustainability on Impressive Growth Delivering Operational Framework and Projects Growth Projects Performance Performance Further Growth Strong Fin
Slide 12: Upcoming Milestones
Upcoming Milestones(1) Kurmuk Mine start-up represents a remarkable ➢ Exploration update in Q4 2026 catalyst on the horizon ➢ Kurmuk Mine start of operations and ramp-up to commercial production expected in Q4 2026 ➢ Q3 2026 results to be reported in November ➢ Sadiola next phase expansion update ex
Slide 13: Appendix
APPENDIX Gacliied ie Be leon corp oe
Slide 14: Mineral Reserves and Mineral Resources
Mineral Reserves and Mineral Resources As of December 31, 2025, unless otherwise noted Proven Mineral Reserves Probable Mineral Reserves Total Mineral Reserves Mineral Property Tonnes (kt) Grade (g/t) Content (koz) Tonnes (kt) Grade (g/t) Content (koz) Tonnes (kt) Grade (g/t) Content (koz) Sadiola M
Slide 15: Appendix A Year-End 2025 Mineral Reserves and Resources
Appendix A Year-End 2025 Mineral Reserves and Resources Reporting Notes SADIOLA AND KORALI SUD KURMUK Mineral Resources: Mineral Resources: • The Sadiola and Korali Sud Mineral Resource Estimates range from 0.23 to 0.58 • The Kurmuk Mineral Resource Estimate ranges from 0.37 to 0.49 g/t Au cut-off g
Slide 16: Appendix A Year-End 2025 Mineral Reserves and Resources
Appendix A Year-End 2025 Mineral Reserves and Resources Reporting Notes BONIKRO AGBAOU Mineral Resources: Mineral Resources: • For Bonikro and Hire deposits, Mineral Resources were constrained to an optimized • For Agbaou, Mineral Resources were constrained to an optimized pit shell pit shell using
Slide 17: Appendix B Non-GAAP Financial Measures
Appendix B Non-GAAP Financial Measures NON-GAAP FINANCIAL PERFORMANCE MEASURES The Company has included certain non-GAAP financial performance measures and ratios to supplement its Consolidated Financial Statements, which are presented in accordance with IFRS, including the following in this present
Slide 18: Appendix B Non-GAAP Financial Measures
Appendix B Non-GAAP Financial Measures AISC PER GOLD OUNCE SOLD AISC figures are calculated generally in accordance with a standard developed by the World Gold Council (“WGC”), a non-regulatory, market development organization for the gold industry. Adoption of the standard is voluntary, and the sta