Resolute Mining Limited · ASX:RSG

Resolute Mining — Q1 2026 Earnings Presentation

30 slides from Resolute Mining's earnings presentation, Apr 23, 2026

  1. Slide 1: Q1 2026 Activities Report

    Q1 2026 Activities Report 23 April 2026

  2. Slide 2: Disclaimer

    Disclaimer This presentation contains information about Resolute Mining Limited (Resolute or the This presentation includes certain forward-looking statements, including statements Person’s findings are presented have not been materially modified from the Resolute Company) and its activities that is

  3. Slide 3: Speakers

    Speakers o CEO – Chris Eger o COO – Gavin Harris o CFO – Dave Jackson o Corporate Development and Investor Relations – Matty O'Toole-Howes 3

  4. Slide 4: Q1 Highlights

    Strong foundation for success in 2026 Q1 Highlights Operating 0.43 59,603 oz $2,210/oz $33.4 M Metrics TRIFR1 Gold Poured Group AISC Capital Expenditure Financial $315.4 M $119.8 M $337.6 M $202.9 M Metrics2 Net Cash Operating Revenue EBITDA Cash Flow 4 1. Year-to-date 2. Unaudited

  5. Slide 5: Key Activities and Guidance

    Solid operating and safety performance Key Activities and Guidance 2026 Gold Production Guidance Operations 68 - 75 69 - 76 koz • Syama – operating in line with plan, gold production of 7.1 koz and 36.7 koz from 80 55 - 62 koz oxide and sulphide operations respectively 70 60 koz 60 koz • Mako – stoc

  6. Slide 6: Organic Growth Profile

    Growing annual gold production to over 500koz by end 2028 Organic Growth Profile 1 Areas for potential further growth: Targeted growth with Doropo • Existing Exploration 700 >500 koz 600 Portfolio (ABC 500 Achieved Guidance Target 500 koz pa Project, La Debo, 277 koz 250-275 250-275 Guinea) 400 koz

  7. Slide 7: Côte d’Ivoire

    Côte d’Ivoire 7

  8. Slide 8: Doropo - Q1 Activities

    Resolute’s next mine moving into construction Doropo - Q1 Activities o Mining Permit awarded o Permit valid for 14 years with ability to extend o Official Presidential Decree signed o Final Investment Decision (FID) approved o EPCM contract awarded to Lycopodium and key long-lead Land Compensation P

  9. Slide 9: Doropo – Next Steps

    Doropo – Next Steps Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Project remains on track with construction starting Q2 2026 2026 2026 2026 2027 2027 2027 2027 2028 2028 2028 2028 FID 2026 and first gold anticipated in H2 2028 Early Works​ Key workstreams in 2026: Long lead item procurement o Continue buildi

  10. Slide 10: Doropo – Early Works

    Doropo – Early Works Ground clearance activities commenced on site in April 2026 10

  11. Slide 11: Mali

    Mali 11

  12. Slide 12: Syama Operation

    Maintaining operational flexibility at Syama Syama Operation 2026 Gold Production Guidance o 43,802 oz of gold poured in Q1 across both sulphide (36,682 oz) and oxide (7,120 o Remain on track with production guidance of 195 - 210 oz) operations which performed in line with expectation koz o During Q

  13. Slide 13: Syama Sulphide Conversion Project

    Syama Sulphide Conversion Project o No LTIs after 1.06 million person-hours worked until the end of March 2026 o Capital expenditures of $8.0 million in Q1 2026 and remains on track for $40 million expenditure in 2026 o Project remains on track o Flotation circuit to be commissioned at start of Q2,

  14. Slide 14: Senegal

    Senegal 14

  15. Slide 15: Mako Operation

    Stockpile processing continues to perform strongly Mako Operation 2026 Gold Production Guidance o Q1 gold production of 15,801 oz at AISC of $1,669/oz in line o Remain on track with production guidance of 55 with guidance - 65 koz o AISC guidance maintained at $1,600 – 1,800/oz o Gold production exp

  16. Slide 16: Mako Life Extension Project (MLEP)

    Mako Life Extension Project (MLEP) Q1 2026 Activities Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2026 2026 2026 2026 2027 2027 2027 2027 2028 2028 2028 2028 • Initial Ore Reserve of 348 koz oz at 1.2g/t Au at Tomboronkoto ($2,500/oz Au price) was declared Technical Studies • Tomboronkoto ESIA submitted and

  17. Slide 17: Exploration

    Exploration 17

  18. Slide 18: Exploration Plan

    Strong exploration pipeline underpins future growth profile Exploration Plan Syama 2026 Activities ($15 - 25 million guidance): (Mali) Production Mako o Senegal: (Senegal) • Exploration drilling at Laminia and Sangola Doropo (Côte d’Ivoire) Development o Cote d’Ivoire: Tomboronkoto Bantaco (Senegal)

  19. Slide 19: ABC Project

    ABC Project Awale-Newmont JV Farako-Nafana Permit Q1 Key Activities Kona Trend 100 km long gold anomaly • Q1 drilling advanced at both Kona South and Kona Central • A total of 64 RC holes for 11,000m were completed during Q1 2026 Kona C&S 2.2Moz Inferred Resource Kona Permit • Results from the first

  20. Slide 20: ABC Project Results

    ABC Project Results Q1 2026 ABC Drill Results • Key highlights – Kona South • KNRC0499 – 73m @ 0.8g/t Au from 2m • KNRC0500 – 80m @ 0.4g/t Au from 88m • KNRC0501 – 23m @ 1g/t Au from 6m • KNRC0506R – 35m @ 0.9 and 21m @ 1.2g/t • KNRC0508 – 10m @ 1.9g/t Au from 217m • KNRC0512 – 31m @ 1g/t from 151m

  21. Slide 21: La Debo Project

    La Debo Project Q1 Key Activities • Drilling program commenced in March 2026 with 2,000m completed to date; results pending • Drilling program aims to drill out a panel of gold mineralisation over a strike length of 600m 2026 Activities • Planned drilling of at least 13,000m to evaluate high- grade

  22. Slide 22: Doropo Exploration

    Doropo Exploration Historic Work • Historical exploration identified a broad, high-grade Main Cluster gold-in-soil anomaly along the Vako Shear Zone Zone • Initial follow-up drilling returned encouraging early- stage results Vako Shear Zone Planned Activities Kilosegui • Exploration drilling within

  23. Slide 23: Guinea

    Guinea Q1 Key Activities • Memorandum of Understanding (MoU) signed with state-owned Nimba Mining Company (NMC) to evaluate potential gold opportunities in Guinea • Early-stage exploration including reconnaissance authorisation covering 83km2 within Siguiri basin 2026 Activities • Initial soil geoch

  24. Slide 24: Financial Summary

    Financial Summary 24

  25. Slide 25: Financial Highlights – Q1

    Net cash position of over $300 million Financial Highlights – Q1 $338 million $120 million 1 1 Revenue Operating Cashflow $315 million $425 million Net Cash Available Liquidity $2,210/oz $4,858/oz Group AISC Avg. Realised Gold Price 25 1. Unaudited

  26. Slide 26: Cashflow #039;m

    Balance sheet strengthened further Cash Flow Summary • Total capital and exploration expenditure of $33.4 million as Net Cash Movements in Q1 development and exploration activities ramped-up 119.8 31.9 315.4 (3.1) (8.7) • Working capital outflow driven by settlement of supplier payments (28.3) (5.3)

  27. Slide 27: Upcoming Objectives

    Upcoming Objectives 27

  28. Slide 28: Achievements and Next Steps

    Strong organic growth pipeline Achievements and Next Steps Achieved 2026 2027 2028 • Doropo construction • Continue Doropo construction Cote Cote  Doropo mining permit • ABC (Kona) Scoping Study • Follow up studies at ABC and • Doropo commissioning and d’Ivoire d’Ivoire  Doropo FID • Advance La De

  29. Slide 29: Resolute Summary

    Resolute Summary  On track for 2026 production guidance of 250 - 275 koz  Advancing a robust organic growth pipeline across asset portfolio  Strong balance sheet with net cash position of $315.4 million and significant free cash flow generation  Strategically expanding geographic footprint with

  30. Slide 30: www.rml.com.au

    Resolute www.rmi.com.au

Resolute Mining — Q1 2026 Earnings Presentation on 6ix