Perseus Mining Limited · ASX:PRU

Perseus Mining — Q4 FY2026 Earnings Presentation

23 slides from Perseus Mining's earnings presentation, Jul 30, 2026

  1. Slide 1: June 2026 Quarter Report Webinar

    Perseds MINING JUNE 2026 QUARTER REPORT WEBINAR 30 JULY 2026 ASX/TSX: PRU

  2. Slide 2: Cautionary Statements

    CAUTIONARY STATEMENTS COMPETENT PERSON STATEMENT: All production targets referred to in this report are underpinned by estimated Ore Reserves which have been prepared by competent persons in accordance with the requirements of the JORC Code. The information in this report that relates to the Mineral

  3. Slide 3: Overview of Operating & Financial Results

    OVERVIEW OF OPERATING & FINANCIAL RESULTS PERSEUS MINING LIMITED PERSEUSMINING.COM 3

  4. Slide 4: June Quarter Operating Performance

    JUNE QUARTER OPERATING PERFORMANCE SAFETY GOLD ALL-IN AVG GOLD CASH NOTIONAL NET CASH PRODUCED SITE COST SALE PRICE MARGIN (2) CASHFLOW(2) & BULLION TRIFR 0.87 109,013 oz US$1,941/oz US$4,086/oz US$2,145/oz US$216M US$1,034M (3) Up 13%(1) Up 1,869 oz (1) Up US$193/oz(1) Down US$57/oz(1) Down $250/oz

  5. Slide 5: 2026 Financial Year Operating Performance

    2026 FINANCIAL YEAR OPERATING PERFORMANCE SAFETY GOLD ALL-IN AVG GOLD CASH NOTIONAL NET CASH PRODUCED SITE COST SALE PRICE MARGIN (2) CASHFLOW(2) & BULLION TRIFR 0.87 404,998 oz US$1,750/oz US$3,693/oz US$1,943/oz US$769M US$1,034M (3) Up 13%(1) Down 91,553 oz (1) Up US$515/oz (1) Up US$1,150/oz(1)

  6. Slide 6: Yaouré Gold Mine – June Quarter Performance

    YAOURÉ GOLD MINE – JUNE QUARTER PERFORMANCE OUNCES PRODUCED AISC NOTIONAL CASH MARGIN NOTIONAL CASH FLOW 38.9koz(1) US$2,277(2)oz US$1,643(3)oz US$50M(3) Up 6% on Q3 Up 11% on Q3 Down 16% on Q3 Down 26% on Q3 • Runtime metrics – 92.3%, head grade - 1.13g/t and recovery - 92.5%. • Sales - 39,2461oz a

  7. Slide 7: Yaouré - CMA UG – June Update

    YAOURÉ - CMA UG – JUNE UPDATE STOPING OPERATIONS COMMENCED LATERAL DEVELOPMENT TOTAL EXPENSES INCURRED APRIL 26 Delivered 33,606 tonnes of ore 3,604(1) METRES US$90M(2) (1) Total Lateral Development meters advanced for the Financial Year ended 30 June 2026 PERSEUS MINING 7 (2) Total expenses incurre

  8. Slide 8: Edikan Gold Mine – June Quarter Performance

    EDIKAN GOLD MINE – JUNE QUARTER PERFORMANCE OUNCES PRODUCED AISC NOTIONAL CASH MARGIN NOTIONAL CASH FLOW 41.9koz US$1,959oz US$2,388oz US$100M Down 7% on Q3 Up 27% on Q3 Down 13% on Q3 Down 19% on Q3 • Runtime metrics - 93.2%, head grade - 0.79g/t, and recovery 88.7%. • Sales - 43,868oz at a weighte

  9. Slide 9: Sissingué Gold Complex – June Quarter Performance

    SISSINGUÉ GOLD COMPLEX- JUNE QUARTER PERFORMANCE OUNCES PRODUCED AISC NOTIONAL CASH MARGIN NOTIONAL CASH FLOW 28.2koz US$1,550oz US$2,340oz US$66M Up 11% on Q3 Down 9% on Q3 Flat on Q3 Up 10% on Q3 • Runtime metrics - 93%, head grade - 2.37g/t, and recovery - 90.0% • Sales - 31,453oz at a weighted a

  10. Slide 10: FY 2027 Production and Cost Guidance

    FY 2027 PRODUCTION AND COST GUIDANCE PARAMETER UNITS 2027 FINANCIAL YEAR (FORECAST) YAOURÉ GOLD MINE Production Ounces 150,000 - 170,000 All-in Site Cost(1) USD per ounce $1,955 - $2,205 EDIKAN GOLD MINE Production Ounces 150,000 - 170,000 All-in Site Cost(1) USD per ounce $1,700 - $1,920 SISSINGUÉ

  11. Slide 11: Quarterly Financial Position

    QUARTERLY FINANCIAL POSITION PERSEUS MINING LIMITED PERSEUSMINING.COM 3

  12. Slide 12: Balance Sheet Position

    BALANCE SHEET POSITION NET CASH AND BULLION LIQUIDITY LISTED SECURITIES US$1,034M US$1,434M US$233M Up US$217M on Q3 US$400M undrawn debt PERSEUS MINING 12

  13. Slide 13: Capital Allocation

    CAPITAL ALLOCATION Share buyback increase FY26 Number of Shares FY26 Capital returned to date A$150M repurchased A$194M Up A$50M 24.1M PERSEUS MINING 13

  14. Slide 14: Notional Operating Cashflow

    NOTIONAL OPERATING CASHFLOW AVERAGE Q4 CASH MARGIN US$2,1451 PER OUNCE Q4 NOTIONAL OPERATING CASHFLOW US$216M RECORD FY26 NOTIONAL OPERATING CASHFLOW US$769M (1) Cash Margin equals Average Sales Price minus All-in Site Cost (AISC). Notional Cashflow equals Cash Margin multiplied by Gold Produced and

  15. Slide 15: Strong Quarterly Cashflow and Capital Allocation

    STRONG QUARTERLY CASHFLOW AND CAPITAL ALLOCATION OPERATING MARGIN US$276M CAPITAL& EXPLORATION TAXES US$142M US$77M SHARE MSGP SALE BUYBACK US$260M US$71M PERSEUS MINING PERSEUSMINING.COM 15

  16. Slide 16: Reconciliation of All-In Site Cost to All-In Sustaining Cost

    RECONCILIATION OF “ALL-IN SITE COST” TO “ALL-IN SUSTAINING COST” (US$/OUNCE) • All-In-Site-Cost and All-In-Sustaining-Cost in Q4 FY26 includes US$4.7 million of costs relating to excess waste stripping. • When reporting cost of sales, in line with accepted practice under IFRS, excess waste cost will

  17. Slide 17: Organic Growth

    ORGANIC GROWTH PERSEUS MINING LIMITED PERSEUSMINING.COM 17

  18. Slide 18: Nyanzaga Development Project Progress

    NYANZAGA DEVELOPMENT PROJECT PROGRESS Progress TOTAL EXPENSES ON TRACK - FIRST GOLD PROGRESS ACHIEVED COMMITTED (2) INCURRED (1) JANUARY 2027 67% US$329M (63%) +US$95M Key work fronts achieved Tusker Hill Major Procurement Process plant Completed, material deliveries at peak Site installation Contra

  19. Slide 19: Nyanzaga Infrastructure Progress

    NYANZAGA INFRASTRUCTURE PROGRESS Mine Site Process Plant – Reclaim Area Process Plant – Tailings and Services Tailings Storage Facility – North Embankment PERSEUS MINING PERSEUSMINING.COM 19

  20. Slide 20: Nyanzaga Project Update

    NYANZAGA PROJECT UPDATE Stockpile Feed Stacker PrimaryConveyor Crusher CIL Top of Tank Permanent Structural Ore to the Crushed Camp Structural Steel & Ore Stockpile First Mechanical Steel Installation Complete Installation complete Gold Complete JUL 2026 AUG 2026 SEP 2026 OCT 2026 NOV 2026 DEC 2026

  21. Slide 21: Sustainability

    SUSTAINABILITY PERSEUS MINING LIMITED PERSEUSMINING.COM 21

  22. Slide 22: A Resilient and Reliable Partner

    A RESILIENT AND RELIABLE PARTNER Generating material benefits for all our stakeholders, in fair and equitable proportions $388M 94% 0.87 0.00 LTIFR in economic of national TRIFR contribution employment (Operations - as of (as of 30 June 2026) 30 June 2026) $226M $10.6M in Employee in Local Procureme

  23. Slide 23: ASX/TSX: PRU

    This presentation was authorised for release by Perseus Managing Director and CEO, Craig Jones ASX/TSX: PRU | WWW.PERSEUSMINING.COM

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