Andrada Mining Limited · LSE:ATM

Andrada Mining — Investor Presentation (September 2026)

24 slides from Andrada Mining's investor presentation, September 2026

  1. Slide 1: Unlocking Value: Corporate Presentation

    UNLOCKING VALUE Corporate Presentation AIM : ATM OTCQB: ATMTF SEPTEMBER 2026

  2. Slide 2: Disclaimer

    DISCLAIMER This presentation contains summary information about Andrada Group and its looking statements whether as a result of new information, future events or subsidiaries (Andrada or Company) and their activities. The information in this results or otherwise. presentation is a general background

  3. Slide 3: Andrada Well Positioned for Growth

    ANDRADA WELL POSITIONED FOR GROWTH Inflection point US$90m¹ GROWTH FUNDING IN PLACE CASH-GENERATING PRIMARY ASSET FOCUS SHIFTS TO EXECUTION & DELIVERY STRONG OPERATIONAL GROWTH SEASONED LEADERSHIP TIER 1 MINING JURISDICTION: NAMIBIA KEY INFLECTION POINT: ALIGNING VALUES ¹Up to US$90 million staged g

  4. Slide 4: Simplified Investment Case

    SIMPLIFIED INVESTMENT CASE Only tin producer listed on AIM Uis Mining Licence Lithium Ridge Brandberg West Flagship cash generating tin mine Significant lithium discovery Huge tungsten exposure • Funded via equity and institutional • High-grade lithium discovery • Low entry access into the tungsten

  5. Slide 5: District Scale Critical Minerals Portfolio

    DISTRICT SCALE CRITICAL MINERALS PORTFOLIO Unrivalled project pipeline ENTIRELY NEW MINERAL SYSTEM FIRST – MOVER ADVANTAGE Brandberg West FIRST – MOVER ADVANTAGE Producing Uis Mine mine Area:351 km2 (Lithium Ridge) Area: Developing 196 km2 projects Area: 32 km2 Exploration projects Li Lithium Ta Tan

  6. Slide 6: Uis Mining Licence: Growth Strategy I

    UIS MINING LICENCE : GROWTH STRATEGY I Multi-generational polymetallic asset with potential lithium (petalite) upside Uis Mine ore body V1V2 Orebody K3 K5 K8 K-Cluster K7 K10 P4/P5 P6 P-Cluster Processing plant V1V2 orebody (current resource) V1/V2 V5/V12 MRE : February 2025 Tin Lithium Tantalum Rub

  7. Slide 7: Uis Growth

    UIS GROWTH Focused on increasing cashflow through production upgrades Growth work Scalable expansion Additional upside FY2026 streams potential (annual) optionality • Plant upgrades including • Ore processed → • Installation of ore- • Ore processed: 1.0 Mt Installation of ore sorters c.2.0 Mt – 2.5

  8. Slide 8: Lithium Ridge: Growth Strategy II – Tier1 Discovery

    LITHIUM RIDGE : GROWTH STRATEGY II – TIER1 DISCOVERY SQM partnership unlocking lithium growth and long-term value • Highly prospective lithium asset with tin and tantalum credits • Accelerated pathway to DFS through US$40M partnership with global lithium leaders SQM³ • Three-stage earn-in agreement

  9. Slide 9: Brandberg West: Growth Strategy III – Polymetallic Upside

    BRANDBERG WEST : GROWTH STRATEGY III – POLYMETALLIC UPSIDE Tungsten and copper to market in partnership with ACAM LP BWCAM LTD • Fast-tracked development with US$51 million strategic investment from BWCAM Limited a subsidiary of ACAM LP³ • A two-stage earn-in agreement for up to 49% ownership • Fund

  10. Slide 10: Value Uplift Bridge

    VALUE UPLIFT BRIDGE Scalable growth pipeline GROWTH PROJECTS Future Future upside: growth from drilling value Future & met accretive upside: testwork expansion drilling projects & met testwork. Lithium Integration Brandberg West Day 1; Increased estimated tin Lithium valuation throughput Ridge US$36

  11. Slide 11: Shareholding

    SHAREHOLDING Supportive equity investors Top 10 Institutional Shareholders as at 31 August 2026 Current share Shareholder by geography issue % 17 The Orange Trust 14.10 6 2 Talent 10 8.36 JLE Group 6.81 Naminco Limited 5.70 50 25 Gregory J. Coffey 4.61 Canaccord Genuity Group 3.03 BPM Capital 2.33 E

  12. Slide 12: Strategic Validation

    STRATEGIC VALIDATION Backed by global partners Growth Projects Backed by Global Partners • Recent capital raise introduced new strong institutions into a robust register • Greg Coffey, Talent 10 and several well-known London BWCAM institutions LP • Strategic partners provide technical validation Est

  13. Slide 13: Macro Re-Rating

    MACRO RE-RATING Four commodities. Four cycles. One investment opportunity TIN USD/t LITHIUM USD/t TUNGSTEN MTU¹ COPPER USD/t 82 378 12 868 49 214 2596 6169 20 061 24 414 180 5882 2017-2026 2017-2026 2017-2026 2017-2026 • Structural supply deficits • Deep correction complete • Tungsten production inc

  14. Slide 14: Investment Potential

    INVESTMENT POTENTIAL Positioned for tier-one critical minerals growth Cash generative • Uis Mine producing tin and tantalum concentrates : cash-generative, multi-generational , polymetallic asset producing asset • Tin production CAGR 17% over 5 years : targeting 2.5x growth in contained tin output.

  15. Slide 15: Investment Case

    INVESTMENT CASE Leveraging on near-term catalysts for significant upside Cash Engine Funded Growth Near-Term Catalysts Producing tin asset in a Strategic partners at Growth workstreams buoyant market Lithium Ridge and unlocking value in Brandberg West 8 – 18 months CLEAR AND IMMEDIATE PATHWAY TO VAL

  16. Slide 16: Appendix

    APPENDIX Andrada Mining Corporate Presentation: September 2026

  17. Slide 17: Andrada's Strategic Partnerships

    ANDRADA'S STRATEGIC PARTNERSHIPS Strategic partnerships accelerating critical minerals growth Partner Project Investment Earn-in structure Key benefits SQM Australia Lithium Ridge Up to USD40m • Current: 0% • Partnership with global lithium leader for SQM is a Chilean-based company • Stage 1: 30% (1

  18. Slide 18: An Emerging Critical Minerals Producer: Leadership Credibility & Track Record

    LEADERSHIP CREDIBILITY & TRACK RECORD Experienced board and management, driving disciplined growth and operational excellence Non-Executive Directors Executive Directors & C-Suite Management GLEN PARSONS ANTHONY VILJOEN HITEN OOKA Non-executive Chairman Chief Executive Officer & Executive Director :

  19. Slide 19: Market Context: Tin

    MARKET CONTEXT : TIN Long-term demand driven by increased metal utilisation of technology Concentrated production - fragile supply chains - rising geopolitical risk Tin demand forecast SUPPLY COSTRAINTS (Refined Tin Use, ‘000 tonnes) China dominance • China increased domestic tin production by 20% t

  20. Slide 20: Market Context: Tantalum

    MARKET CONTEXT : TANTALUM Critical superalloy with broad industrial demand and limited global supply Long-term demand driven by technological innovation Tantalum demand forecast CAGR (%) • Strategic alloy: critical for advanced capacitors in mobile and computing technologies 5.3 5.2 5.3 • Supply-dem

  21. Slide 21: Market Context: Lithium

    MARKET CONTEXT : LITHIUM Demand growth forecast to increase to 5.2 million tonnes LCE by 2040 • Global lithium demand is expected to increase 1.3Mt (2022) to 5.2Mt LCE by 2040 • One of the fastest-growing commodities, driven by the rise of rechargeable lithium-ion batteries • Key enabler of large-sc

  22. Slide 22: Market Context: Tungsten & Copper

    MARKET CONTEXT : TUNGSTEN & COPPER Byproduct upside supported by strong price environments Tungsten Copper Source: Fastmarkets Source: London Metal Exchange Tungsten price steadily increasing in response to Chinese export controls Copper price surging as demand outstrips supply • Tungsten is a cruci

  23. Slide 23: Sustainability and Governance as Value Drivers

    SUSTAINABILITY AND GOVERNANCE AS VALUE DRIVERS Building a resilient, responsible mining future Responsible growth ZERO LTIFR People and communities 98% Local Lost-time injury Namibian rate workforce - ESG principles embedded in operations - Workforce expanded to 555 employees - 25% reduction in tota

  24. Slide 24: Contact Us

    CONTACT US investorrelations@andradamining.com T: +44 207 920 2150 andrada@tavistock.co.uk REGISTERED OFFICE PO Box 142 ,Suite 2, Block C Hirzel Court, St Peter Port Guernsey GY1 3HT REPRESENTATIVE OFFICE | SOUTH AFRICA Illovo Edge Office Park Building 3, Ground floor, 5 Harries Road Illovo, South A

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