Slide 1: Annual General Meeting Presentation
A N N U A L G E N E R A L M E E T I N G P R E S E N TAT I O N Thursday, 21 May 2026
Slide 2: Cautionary Statement & Disclaimer
CAUTIONARY STATEMENT & DISCLAIMER This presentation has been prepared by Dragon Mining Limited (“Dragon”, "DML" or the “Company”) and authorised for release by its Board. GENERAL DISCLAIMER PAST PERFORMANCE This presentation should be read in conjunction with the Annual Report at 31 December 2025 Pa
Slide 3: Corporate
CORPORATE BOARD OF DIRECTORS ISSUED CAPITAL HKEX Stock Code 1712 Mr. Arthur Dew Non-Executive Director and Chairman Ordinary Shares 189,715,935 Options Nil Mr. Wong Tai Chun Mark Alternate Director to Mr. Dew 52 Week Trading Range HK$2.56 – HK$12.96 (AU$0.45 - AU$2.27) Mr. Brett Smith Share Price1 H
Slide 4: 2025 Highlights
2025 HIGHLIGHTS Avg Gold Price Lost Time Injury achieved US$3,543/oz Frequency Rate of 4.5 (46% increase) (58% decrease)3 Net profit after tax 25,245 ounces of of AU$60M gold sold (367% increase) (32% increase) Ore Reserve to 6,300kt at an Closing Cash of AU$107.2M average grade of 2.7 g/t gold (166
Slide 5: Financial Summary
FINANCIAL SUMMARY Share Price Performance HK$1,400m HK$7.00 HK$1,200m HK$6.00 Financial Performance5 12-months 12-months 12-months 12-months 12-months HK$1,000m HK$5.00 31-Dec-21 31-Dec-22 31-Dec-23 31-Dec-24 31-Dec-25 HK$800m HK$4.00 Issued shares 158,280,613 158,173,613 158,096,613 158,096,613 189
Slide 6: Developing Gold Mining Assets in the Nordic Region
DEVELOPING GOLD MINING ASSETS IN THE NORDIC REGION Dragon Mining is an established gold producer that holds a portfolio of projects in Finland and Sweden. Since first entering the Nordic Region in 2000, the Company has successfully brought into operation several open-cut and underground gold mines,
Slide 7: Finland - Vammala Production Centre
FINLAND - VAMMALA PRODUCTION CENTRE Page 7
Slide 8: Vammala Production Centre
VAMMALA PRODUCTION CENTRE The Vammala Production Centre consists of: • The Vammala Plant (a 300,000t per annum conventional crushing, milling and flotation facility) • Jokisivu Gold Mine • Kaapelinkulma Gold Mine • Uunimäki Gold Project • The Vammala Production Centre commenced gold production from
Slide 9: Vammala Production Centre – Jokisivu Gold Mine
VAMMALA PRODUCTION CENTRE – JOKISIVU GOLD MINE 2025 2024 Stope ore (tonnes) 160,321 185,419 Development ore (tonnes) 186,469 115,545 • Production at Jokisivu commenced in September Total ore mine (tonnes) 347,790 300,964 2009. Mined grade (g/t gold) 2.91 2.58 • Located 40 km southwest of the Vammala
Slide 10: Vammala Production Centre – Kaapelinkulma Gold Mine
VAMMALA PRODUCTION CENTRE – KAAPELINKULMA GOLD MINE • Third gold mine in the Vammala Production Centre area. • Located 65 km east of the Vammala Plant and accessible by the existing road network. • The initial open-pit mining was completed in April 2021 on the Southern deposit with 103.9kt mined gra
Slide 11: Vammala Production Centre – Uunimäki Gold Project
VAMMALA PRODUCTION CENTRE – UUNIMÄKI GOLD PROJECT • Advanced gold exploration project situated approximately 15 km southwest of Jokisivu. • Granted Exploration License covering an area of 89.22 ha, which fully encompasses the Uunimäki gold occurrence that was discovered by the Geological Survey of F
Slide 12: Sweden - Svartliden Production Centre
SWEDEN - SVARTLIDEN PRODUCTION CENTRE Page 12
Slide 13: Svartliden Production Centre
SVARTLIDEN PRODUCTION CENTRE The Svartliden Production Centre is located in northern Sweden, approximately 750 kilometres north of Stockholm. Consisting of the Svartliden Plant, a 300,000t per annum carbon-in- leach plant, together with the Svartliden Gold Mine, and the Fäboliden Gold Mine. Brought
Slide 14: Svartliden Production Centre - Fäboliden Gold Mine
SVARTLIDEN PRODUCTION CENTRE - FÄBOLIDEN GOLD MINE • The Fäboliden Gold Mine is a million-ounce gold project located in northern Sweden, approximately 30 kilometres southeast of the Svartliden Plant. • The Company conducted test-mining activities at Fäboliden from May to September 2019 and from June
Slide 15: Fäboliden Environmental Permit Application
SVARTLIDEN PRODUCTION CENTRE - FÄBOLIDEN GOLD MINE Fäboliden Environmental Permit Application • The Company submitted its Environmental Permit application for full-scale mining activities at Fäboliden to the Environment Court in July 2018. The main hearing was held in April 2022. • No material probl
Slide 16: Fäboliden Mine Studies
SVARTLIDEN PRODUCTION CENTRE - FÄBOLIDEN GOLD MINE Fäboliden Mine Studies • Reported Ore Reserves form part of a Life of Mine (“LOM”) study to a pre-feasibility level into the full-scale development of the Fäboliden Gold Mine. • The study is based on the establishment of an open-pit mining operation
Slide 17: Svartliden Production Centre – Svartliden Gold Mine
SVARTLIDEN PRODUCTION CENTRE – SVARTLIDEN GOLD MINE • Located in northern Sweden, adjacent to the Svartliden Plant. • Began operation as an open-pit mine in 2004, with underground mining commencing in 2011. Mining was completed in November 2013, and processing of the final ore in 2015. • A total of
Slide 18: Group Ore Reserves – December 2025
APPENDICES GROUP ORE RESERVES – 31 DECEMBER 2025 Proved Probable Total Tonnes Gold Ounces Tonnes Gold Ounces Tonnes Gold Ounces (kt) (g/t) (kozs) (kt) (g/t) (kozs) (kt) (g/t) (kozs) Vammala Production Centre Jokisivu Gold Mine 930 1.9 57 2,100 2.5 170 3,100 2.3 230 Svartliden Production Centre Fäbol
Slide 19: Group Mineral Resource Estimates – December 2025
APPENDICES GROUP MINERALS RESOURCE ESTIMATES – 31 DECEMBER 2025 Measures Indicated Inferred Total Tonnes Gold Ounces Tonnes Gold Ounces Tonnes Gold Ounces Tonnes Gold Ounces (kt) (g/t) (kozs) (kt) (g/t) (kozs) (kt) (g/t) (kozs) (kt) (g/t) (kozs) Vammala Production Centre Jokisivu Gold Mine 940 3.2 9
Slide 20: Group Mineral Resource Estimates – Cut-off Grades
APPENDICES GROUP MINERALS RESOURCE ESTIMATES – 31 DECEMBER 2025 Jokisivu Gold Mine – 0.7 g/t gold Reporting cut-off grades are based on operating costs, mining and processing recoveries from Jokisivu actuals and a gold price of US$4,200 per troy ounce extrapolated for the potential economic extracti
Slide 21: Competent Persons' Statement
COMPETENT PERSONS’ STATEMENT The information in this report that relates to the Mineral Resource for the Jokisivu Gold Mine dated 31 December 2025 was previously released to the Stock Exchange on 20 March 2026 - Annual Update of Mineral Resource and Ore Reserve Estimates. This report can be found at
Slide 22: Competent Persons' Statement
COMPETENT PERSONS’ STATEMENT The Statement of JORC Ore Reserves for the Fäboliden Gold Mine dated 1 May 2025 was previously released to the Stock Exchange on the 16 June 2025 – Review of Finland and Sweden Mineral Resource and Ore Reserve Estimates. This report can be found at www.hkex.com.hk (Stock
Slide 23: Competent Persons' Statement
COMPETENT PERSONS’ STATEMENT The information in this report that relates to Exploration Results was previously released to the Stock Exchange on 6 March 2026 - Drilling Campaign at Uunimäki Yields Encouraging Results. This document can be found at www.hkex.com.hk (Stock Code: 1712). It fairly repres
Slide 24: Contact
C O N TA C T ENQUIRIES HEADQUARTERS Mr. Brett Smith Executive Director Hong Kong Australia Email: brett.smith@dragonmining.com 22nd Floor Unit 202, Echelon Phone: +61 8 9220 5700 Allied Kajima Building 77 South Perth Esplanade 138 Gloucester Road South Perth, WA 6151 Wanchai, Hong Kong Australia HKE