Slide 1: February 2023
FEBRUARY 2023 ASX/TSX: PRU | WWW.PERSEUSMINING.COM
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS COMPETENT PERSON STATEMENT: Yaouré All production targets referred to in this report are underpinned by estimated Ore Reserves which have been prepared by The information in this report that relates to the Open Pit and Underground Mineral Resources and the Underground Ore Reser
Slide 3: Dec 2022 Half Year Gold Production & AISC Exceeded Guidance
DEC 2022 HALF YEAR GOLD PRODUCTION & AISC EXCEEDED GUIDANCE Gold Production AISC Gold Price Producing gold at Positioned for 268,371 oz US$930/oz US$1,724/oz targeted rate of future growth 500,000 ozpa PERSEUS MINING 3
Slide 4: Translated to Strong Performance Across All Key Financial Metrics
TRANSLATED TO STRONG PERFORMANCE ACROSS ALL KEY FINANCIAL METRICS REVENUE PROFIT AFTER TAX OPERATING CASH FLOW (2) NET TANGIBLE ASSETS INTERIM DIVIDEND A$665.0M A$203.0M A$299.8M A$1,411.2M 1.06 cents/ps Up 22%(1) Up 60%(1) Up 22%(1) Up 38%(1) (A$) (1) HY1 FY2023 compared to HY1 FY2022 (2) Net cash
Slide 5: Growth in Earnings
GROWTH IN EARNINGS(1) EARNINGS (A$M) Revenue EBITDA (2) Gross Profit from 354 A$665.0M A$354.4M Operations Up 22% Up 40% A$248.8M 252 249 Up 62% 203 153 126 126 127 FY23 Profit Basic Earnings Earnings Per 81 after tax Per Share (3) Ounce (4) 48 49 A$203.0M 13.24cps A$775.03 30 Up 60% Up 46% Up 45% H
Slide 6: Growth in Cashflow
GROWTH IN CASHFLOW(1) CASHFLOWS FROM OPERATIONS(2) (A$M) 350 Operating Cash Flow from Operations 300 A$299.8M (2) Up 22% 250 Operating Cash Flow Per Share 200 21.95cps (3) 150 Up 9.5% 100 Operating Cash Flow Per Ounce 50 A$1,117 (4) Up 9.6% 0 H1 FY2019 H1 FY2020 H1 FY2021 H1 FY2022 H1 FY2023 (1) HY1
Slide 7: Growth in Net Tangible Assets
GROWTH IN NET TANGIBLE ASSETS(1) NET CASH POSITION A$ MILLION US$ MILLION (2) No debt – Cash and bullion(4) 593.8 405.0 US$100m of undrawn capacity Total Interest Bearing Liabilities - - Net Cash Position 31 December Borrowings reduced by 593.8 405.0 2022 US$50M (A$74.5M)(3) during 6 months TOTAL AS
Slide 8: Trend of Gold Production at Attractive Margins Continues
TREND OF GOLD PRODUCTION AT ATTRACTIVE MARGINS CONTINUES 160,000 $1,800 • Record annual gold production of 521,220 oz in 2022 140,000 $1,600 $1,400 • All three gold mines producing to plan 120,000 $1,200 • AISC (US$ per Ounce) Production (Ounces) 100,000 Group AISC down 4% year on year to $1,000 US$
Slide 9: Production & Cost Market Guidance – June 2023 Half Year
PRODUCTION & COST MARKET GUIDANCE – JUNE 2023 HALF YEAR Parameter Units DECEMBER 2022 JUNE 2023 2023 FINANCIAL HALF YEAR HALF YEAR YEAR (ACTUAL) (FORECAST) (FORECAST) Yaouré Gold Mine CONTINUED STRONG GROUP OPERATING PERFORMANCE Production Ounces 136,821 117,500 to 130,000 254,300 to 266,800 All-in
Slide 10: Interim Dividend Declaration
INTERIM DIVIDEND DECLARATION ➢ Perseus’s Dividend Policy aims to rewards shareholders while maintaining balanced capital structure and capacity to fund corporate growth. ➢ Considering Perseus' HY23 financial performance, its Board has declared a HY23 Interim Dividend of: • 1.06 Australian cents per
Slide 11: For more information please contact
For more information please contact: This presentation was authorised for release by Lee-Anne de Bruin Perseus Managing Director and Chief Executive Officer Jeff Quartermaine Chief Financial Officer Leeanne.debruin@perseusmining.com ASX/TSX: PRU | WWW.PERSEUSMINING.COM