Oceanagold Philippines, Inc. · PSE:OGP
Oceanagold Philippines — Q2 2025 Earnings Presentation
21 slides from Oceanagold Philippines's earnings presentation, Sep 11, 2025
Slide 1: Delivering Returns and Growth
(Philippines), Inc. Delivering Returns and Growth 08-11 September 2025 CARE | RESPECT | INTEGRITY | PERFORMANCE | TEAMWORK
Slide 2: Cautionary Statements
Cautionary Statements Cautionary Note Regarding Forward-Looking Statements and Nature of Information in the Presentation This presentation contains statements that reflect the current beliefs and expectations of the Company about the future plans and results of the Company as of the respective dates
Slide 3: Our Purpose, Vision and Values
Our Purpose Mining gold for a better future Our Vision To be a company people trust, want to work and partner with, supply and invest in, to create value Our Values Care Respect Integrity Performance Teamwork 3
Slide 4: Didipio: A Strong Free Cash Flow Generator with Upside
Didipio A Strong Free Cash Flow Generator with Upside Location Luzon Island, ~20% Philippines of OGC’s Annual Production2 Metals Gold & Copper Ownership 80% OceanaGold, OVERVIEW 20% PSE Listed 2025 Guidance2 85-105 koz Au 13-15 kt Cu Mine Type Stockpile & $1,150- $1,250 AISC Underground Processing G
Slide 5: OceanaGold (Philippines), Inc. Capital Structure
OceanaGold (Philippines), Inc. Capital Structure Share Ownership Analyst Coverage Capitalization Public Float Listing: Ticker PSE: OGP 20% Issued and Outstanding Shares: 2.28B Current Share Price2 (PHP): ₱19.80 52-Week Low / High2 (PHP): ₱12.74 / ₱19.96 Dividends Paid (trailing 12-month) OceanaGold
Slide 6: Financial Highlights
Financial Highlights Capitalizing on high gold prices and enhances ability to invest in growth Revenue Free Cash Flow Net Income Quarterly Dividend Q2 2025 Achievements: (US$M) (US$M) (US$M) (US$M) ▪ Declared dividend of $25M 96 having returned a total of 25 $111M in dividends since 79 listing 19.5
Slide 7: Improved Production Performance
Improved Production Performance Overview Q2 YTD 2025 Guidance Safety (TRIFR)1 0.1 Gold Production koz 24.5 45.1 85 - 105 • Increased production, on track for guidance Copper Production kt 3.7 7.1 13 - 15 • Improved access to lower levels of the mine, expected to Cash Costs2 $/oz 873 872 800 - 900 co
Slide 8: Potential to Increase Mining from Underground
Potential to Increase Mining from Underground Maximize recovery of high-grade breccia Underground stopes Reserve Grades2: 40% 60% Optimization work on going to understand 1.12 g/t Au potential to increase mining rates from Current Potential 0.36% Cu mill feed mill feed Opportunity underground1 mix1
Slide 9: Near Mine Exploration
Near Mine Exploration $5M - 2025 Exploration Guidance Strategic High-margin Copper - Gold porphyry Position Multi-million-ounce deposit with large and prospective land holding ~7,000 ha Low $34 discovery cost per ounce1 Opportunity Continued growth through resource conversion and discovery Regional
Slide 10: Responsible Mining with a Strong ESG Commitment
Responsible Mining Compact site design, with disturbance of only 34% Features the only fully automated paste backfill plant, which provides ground support and stability as no with a Strong ESG of permitted area large-scale underground void is left after ore extraction Commitment Downstream construct
Slide 11: Environmental Stewardship
Environmental Stewardship Received the following awards during the 45th National Convention of the Pollution Control Association of the Philippines, Inc.: • Outstanding Managing Head Award • Mother Nature Award • The Outstanding Pollution Control Officer • Success Story Award 11
Slide 12: A 25-Year FTAA in Place with the Government (to 2044)
A 25-Year FTAA in Place with the Government (to 2044) 1994 2008 2013 2015 2017 2018 2019 2021 2022 2023 2024 2025 June: Initial term of FTAA July: FTAA Full year of Construction ended renewed operations. Construction Commercial of Open Pit OGP filed Ramp up to 25-year FTAA of surface July: Mining No
Slide 13: Five Streams of Community Funding
29 Five Streams of Community Funding ~US$35.9M ~US$26.1M ~US$7.5M ~US$3.7M ~US$265K 2013 - 2024 2013 - 2024 2021 - 2024 2021 - 2024 2013 - 2024 Social Development Community Provincial Community Corporate Social & Management Development Fund Development Fund Development Responsibility (CSR) Program (
Slide 14: 2025 Priorities
Safe and responsible mining Deliver on guidance Maximize Free Cash Flow1 & maintain a strong balance sheet 2025 Priorities Generate returns to shareholders Grow reserves and resources Deliver Technical Report in 2026 14 1. Non-IFRS financial measures. See “Non-IFRS Financial Information” in the Augu
Slide 15: Contact
Contact: Marjorie Idio Manager, Investor Relations (OGP) Didipio Mine Barangay Didipio, Kasibu Nueva Vizcaya, Philippines +63 78 362 1026 didipiomine.ir@oceanagold.com didipiomine.com.ph
Slide 16: Appendix
a) OCEANAGOLD APPENDIX
Slide 17: Experienced and Technically Competent Board of Directors
Experienced Peter Joan David John Marius and Technically Sharpe Chairman Adaci-Cattiling President & Director Bickerton Asset President & Director Van Niekerk Director Competent Board of Directors Liang Gregory . Tomasa H. Mia G. Tang Domingo Lipana Gentugaya Director Independent Director Independen
Slide 18: Reserves & Resource
Reserves & Resource 2024 Growth ▪ Increased Reserves to 1.23 Koz of gold, net of mining depletion ▪ R&R increase driven by drilling in Panel 3 and design optimization in Panel 1 and Panel 2 2025 Priorities ▪ Re-start of resource conversion drilling of Panel 3. ▪ Extensional drilling below 1980mRL PR
Slide 19: Potential to Replace Reserves & Extend Mine Life
GOLD RESERVES + CUMULATIVE OUNCES PROCESSED (K OZ AU) Ending Reserve Balance (k oz Au) Cumulative Ounces Processed (k oz Au) +55% 2,599 2,210 2,230 2,197 2,276 2,344 1,897 1,890 1,968 1,983 2,055 Potential to 1,680 1,668 78 197 340 508 723 855 950 950 967 1,096 1,249 1,359 Replace Reserves 1,680 1,5
Slide 20: Select Terms of the FTAA
Select Terms of the FTAA ✓ ❑ “Net Revenue” sharing between the Government of the Philippines and OGP on a 60/40 basis ✓ ❑ Additional Social Development Fund equivalent to 1.5% of the gross mining revenue of the preceding calendar year • 1% will be allocated as Community Development Fund • 0.5% is fo
Slide 21: Understanding the Didipio Profit Sharing Agreement
1 Understanding the Didipio Profit Sharing Agreement Gross Mining Revenue Allowable • Mining, Processing and G&A costs • Community and Social Development Funds • Freight, Handling and Refining costs • 2% Net Smelter Royalty Deductions • Management Fees “Adjusted Cash Flow From Operations”2,3 Additio
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