Slide 1: 3Q26 Results Presentation
3Q26 Results Presentation IGO Limited IGO Limited | 24 April 2026 Page 1
Slide 2: Results summary
Results summary Operational excellence at Nova, Greenbushes strong margin while safety and production underperformed Safety Greenbushes Nova Kwinana Financial Continued improvement Production flat at 351kt Strong performance Lithium hydroxide Increased contribution to in safety performance
Slide 3: Safety performance
Safety performance Safety performance fundamental to operational performance IGO Total Recordable Injury Frequency Rate (TRIFR) Greenbushes TRIFR Rate Rate 20 12 10 15 ~70% reduction 8 from peak 10 6 4 5 2 Nova Operation IGO Group 0 0 Mar-24 Sep-24 Mar-25 Sep-25 Mar-26 Mar-24 Sep-24 Mar-25 Sep-25 Ma
Slide 4: Nova
Nova Strong operational results and cash flow generation, delivering to remaining life of mine plan Increased production of Nickel (up 11%) and Copper (up 7%) with Units 3Q26 2Q26 % change FY26 Life of mine exceptional operational performance for end of life ore body YTD guidance Cash costs down 24%
Slide 5: Greenbushes
Greenbushes Production flat with performance lower at existing plants, CGP3 ramp up progressing well Production flat in the quarter reflecting range of factors including lower feed IGO FY26 100% basis % FY26 grade, lower plant recoveries and increased maintenance downtime (IGO holds 24.9%) Units 3Q2
Slide 6: Greenbushes
Greenbushes Challenges with safety and operational performance in full focus, CGP3 ramp up progressing well CGP1 and 2 key performance metrics, March quarter CGP3 weekly production CGP1 CGP2 kt (cumulative) and recoveries 50 100% Runtime (hours) • Works completed in early January on some plant compo
Slide 7: Lithium downstream
Lithium downstream Production at 51% of nameplate capacity 100% basis FY26 IGO FY26 Production of 3.0kt (51% of nameplate capacity) in the quarter Units 3Q26 2Q26 % change (IGO holds 49%) YTD guidance Lithium hydroxide t 3,047 2,120 ▲44% 7,942 9,000-11,000 production Average realised price 3Q26 US$1
Slide 8: Financial results
Financial results1 Solid financial results reflecting uplift from Nova and Greenbushes % FY26 Sales revenue up 45% with higher Nickel sales volumes and prices at Units 3Q26 2Q26 change YTD Nova Sales revenue A$M 120 82 ▲45% 307 EBITDA includes improved results at Nova and TLEA and $32M gain on sale
Slide 9: Summary
Summary Strong operational result Underlying EBITDA $119M, and cash flow generation free cash flow $36M and net from Nova, despite end of cash of $327M mine life challenges Safety performance Greenbushes operational improvements continued and safety issues receiving with further lowering of full foc
Slide 10: Cautionary Statements & Disclaimer
Cautionary Statements & Disclaimer This presentation has been prepared by IGO Limited (“IGO”) (ABN Persons' Statements included in periodic and continuous disclosure Kwinan lithium hydroxide conversion cost is IGO’s estimate of cash 46 092 786 304). It should not be considered as an offer or announc
Slide 11: Contact
Contact Investors & Media Philippa Browning Senior Advisor External Affairs & Investor Relations T:+61 8 9238 8300 E: investor.relations@igo.com.au Authorised for release to the ASX by Managing Director and CEO, Ivan Vella
Slide 12: Making a Difference
Making a We believe in a world where people power makes How? Developments in battery storage technology amazing things happen. are enabling the full potential of renewable energy to be realised, by allowing energy produced from the Where technology opens up new horizons and clean sun, wind and other