Andina Copper Corporation. · TSXV:ANDC
Andina Copper — Investor Presentation (May 2026)
26 slides from Andina Copper's investor presentation, May 13, 2026
Slide 1: Exploring for the Next Generation of Andean Copper Giants
EXPLORING FOR THE NEXT GENERATION OF ANDEAN COPPER GIANTS APRIL 2026 TSXV: ANDC | OTCQX®: ANDC
Slide 2: Disclaimer
DISCLAIMER Certain statements contained in this presentation constitute “forward-looking statements” within the meaning of applicable Canadian securities legislation. Such forward-looking statements herein may include but are not limited to: interpretations of exploration results; strategic plans an
Slide 3: Actively Exploring Across South America
ACTIVELY EXPLORING ACROSS SOUTH AMERICA TWO NEW PORPHYRY COPPER DISCOVERIES Along the Andean Porphyry Belt (San Juan, ARG and Chocó, COL) A COMPELLING UNDRILLED COPPER - GOLD TARGET Antofagasta, Chile PROVEN TERRAIN FOR BIG COPPER DEPOSITS World’s most productive copper belt SIGNIFICANT MAJOR COMPAN
Slide 4: Piuquenes Porphyry Cu-Au
PIUQUENES PORPHYRY Cu-Au San Juan Province, ARGENTINA TSXV: ANDC | OTCQX®: ANDC andinacopper.co m 4
Slide 5: Piuquenes: Proven Elephant Country
PIUQUENES PROVEN ELEPHANT COUNTRY Proximate to: • El Pachón (Glencore) • Los Pelambres (Antofagasta Minerals) • Los Azules (McEwen Mining) • Altar (Aldebaran Resources) PRIVATELY HELD UNTIL 2023 • Immediately adjacent to giant >3bt Altar deposit. • Minimal historic exploration. ACCESS AND PERMITTING
Slide 6: Piuquenes: Large Land Package
PIUQUENES LARGE LAND PACKAGE WITH HIGH POTENTIAL FOR MULTIPLE DISCOVERIES 2,500ha land package across extensions of the Altar-Piuquenes Porphyry cluster. Two porphyry Cu-Au systems already confirmed at Piuquenes Central and Piuquenes East. Multiple additional targets currently being drill tested wit
Slide 7: Piuquenes Central and East
PIUQUENES PIUQUENES CENTRAL High grade Cu-Au intersections include: • 413m @ 0.47% Cu, 0.52g/t Au (from 167 m) • 158m @ 0.32% Cu, 0.60g/t Au (from 3 m) • 558m @ 0.38% Cu, 0.42g/t Au, 2.4g/t Ag (from 362m), incl. 180m @ 0.71% Cu, 0.61 g/t Au, 3.8 g/t Ag • 801m @ 0.40% Cu, 0.51 g/t Au, 2.87 g/t Ag (fr
Slide 8: Piuquenes Central
PIUQUENES PIUQUENES CENTRAL Multi-phase Gold Rich Porphyry System Cu and Au Mineralization from Surface Intense porphyry A type quartz stockwork hosting DDH02:158m @ 0.32% Cu, 0.6 g/t Au chalcopyrite + bornite Cu mineralization. from 3 to 161m (EOH). DDH PIU02: Multi-phase quartz vein DDH PIU01: Mul
Slide 9: Piuquenes East
PIUQUENES PIUQUENES EAST STAND-ALONE PORPHYRY Cu-Au BRECCIA DISCOVERY <1km EAST OF PIUQUENES CENTRAL Maiden drillhole (PIU06) at Piuquenes East (April 2025): • 208m @ 0.31% Cu, 0.13 g/t Au, 1.24 g/t Ag (from 292m), incl. 98m @ 0.49% Cu, 0.16 g/t Au, 1.26 g/t Ag • Multi-phase porphyry breccia system,
Slide 10: Piuquenes North
PIUQUENES PIUQUENES NORTH • MT survey (Jan 2026) identified a large, deep conductive anomaly starting ~600 m below surface and extending beneath East & Central. • Integration with IP, drilling, alteration and structural data suggests East & Central mineralization may represent upper-level expression
Slide 11: Cobrasco Porphyry Cu-Mo
COBRASCO PORPHYRY Cu-Mo Chocó, COLOMBIA TSXV: ANDC | OTCQX®: ANDC andinacopper.co m 11
Slide 12: Cobrasco: A Major New Porphyry Copper District
COBRASCO A MAJOR NEW PORPHYRY COPPER DISTRICT – CURRENTLY DRILLING SIGNIFICANT Cu-Mo INTERCEPTS FROM FIRST 7 DRILL HOLES: • CDH001: 808m @ 0.42% Cu, 7 ppm Mo (from 184m), incl. 82m @ 0.90% Cu, 199ppm Mo (from 774m) • CDH002: 754m @ 0.46% Cu, 76ppm Mo (from 152m), incl. 172m @ 0.74% Cu, 78ppm Mo (fro
Slide 13: Cobrasco: Ongoing Drilling Expands the Cu-Mo System
COBRASCO ONGOING DRILLING CONTINUES TO SIGNIFICANTLY EXPAND THE Cu–Mo SYSTEM • Massive-scale, shallow Cu–Mo porphyry system with drilling delivering standout results including 352m @ 0.68% Cu, including 118m @ 1.17% Cu — a clearly defined high-grade core. • Vertically robust mineralized system with
Slide 14: Cobrasco: Early Days of a New Porphyry Copper District
COBRASCO EARLY DAYS OF A NEW PORPHYRY COPPER DISTRICT • Initial discovery at Cobrasco open in all directions. • Adjacent to the Comita (Rio Tinto) porphyry copper discovery. • Only 8 drill holes completed on a +3 km² Cu-Mo anomaly. • Pathfinder geochemistry indicates the presence of multiple porphyr
Slide 15: Our Approach to ESG
COBRASCO OUR APPROACH TO ESG COBRASCO: EXPLORATION WITH PURPOSE Integrating responsible exploration, environmental stewardship and community engagement in Chocó, Colombia COMMUNITY ENGAGEMENT • Roundtable engagement representatives from local authorities • Youth engagement session for university stu
Slide 16: Our Approach to ESG: Recent Initiatives
COBRASCO OUR APPROACH TO ESG RECENT INICIATIVES • Sponsored inaugural ERW (Enhanced Rock Weathering) workshop in Chocó, • Waste-to-fertilizer system supporting bringing together scientists, communities, circular economy principles and authorities to advance environmental • Water purification system
Slide 17: Mantau Cu-Au Target
MANTAU Cu-Au TARGET Antofagasta, CHILE TSXV: ANDC | OTCQX®: ANDC andinacopper.co m 17
Slide 18: Mantau: Tier 1 Cu Jurisdiction
MANTAU TIER 1 Cu JURISDICTION – Chilean Coastal Belt • Hosting multiple world-class Cu systems currently in full-scale production. • Exceptional infrastructure, proximate to Antofagasta’s major ports, power, and transport corridors. • 4,500 ha land holding proximate to the Pias and Pampa Medina disc
Slide 19: Mantau: Cu-Au Mineralization Confirmed
MANTAU Cu-Au MINERALIZATION CONFIRMED • Rock chip results at Mantau include 28.6% Cu and 5.91g/t Au. • Exploration at Mantau focused on geochemical sampling and geophysical survey design to define potential porphyry and IOCG-style targets to commence May 2026. TSXV: ANDC | OTCQX®: ANDC andinacopper.
Slide 20: Board, Management and Advisory Team
BOARD, MANAGEMENT AND ADVISORY TEAM HIGHLY EXPERIENCED LEADERSHIP TEAM BOARD OF DIRECTORS Tony Manini Joseph van den Elsen Chairman President & CEO Bryce Roxburgh Paola Brewster Non-Executive Director Non-Executive Director TSXV: ANDC | OTCQX®: ANDC andinacopper.co m 20
Slide 21: Key Management and Advisors
BOARD, MANAGEMENT AND ADVISORY TEAM KEY MANAGEMENT AND ADVISORS Gustavo Zulliger Jordan Webster Bill Tsang Principal Consulting VP – Technical CFO Geologist Communications Stephen McIntosh Dan Earle Strategic Advisor Strategic Advisor Decades of experience advancing porphyry copper deposits across S
Slide 22: Capital Structure
CAPITAL STRUCTURE ANDINA COPPER (TSXV:ANDC) Shares Market Cap (@ $1) Issued & Outstanding 267,638,097 ~$267 m Warrants – average exercise price $0.38 37,634,012 Stock Options – average exercise price $0.43 16,623,432 Cash Balance ~$30,000,000 Enterprise Value ~$235 m Fully Diluted 321,895,541 Major
Slide 23: Peer Comparison - April 2026
PEER COMPARISON - APRIL 2026 SIGNIFICANT RE-RATING POTENTIAL Market Development Project Inaugural Interval Company Principal Project Jurisdiction Resource Capitalization Stage Ownership (Current Project Owner) $ Millions (CAD) Warintza Ecuador 1.08Bt Mt @ 0.48% Capricho Peru 952 m from 10 @ 0.53% Cu
Slide 24: Exceptional Value Proposition
EXCEPTIONAL VALUE PROPOSITION TIER 1 LOCATIONS NEAR-TERM NEWS FLOW ➢ Exploration Results Cobrasco ➢ San Juan Miocene Porphyry Belt (ARG) ➢ Exploration Results Piuquenes ➢ Chocó Porphyry Belt (COL) ➢ Exploration Results Mantau (2H 2026) ➢ Antofagasta District (CHI) RIGHT PEOPLE MULTIPLE DISCOVERIES ➢
Slide 25: Acquisition Terms
ACQUISITION TERMS PIUQUENES OPTION PAYMENTS (US$1.25M TOTAL) OPTION TERMS • US$50k upon signing (paid); • Four (4) year option. • US$200k upon drilling (paid); • Exercisable prior to 30 November • US$250k 6 months following WORK COMMITMENTS 2027 through payment of commencement of drilling (paid); US
Slide 26: Contact Us
CONTACT US Joseph van den Elsen President & CEO | joseph@andinacopper.com Jordan Webster VP – Technical Communications | jordan@andinacopper.com TSXV: ANDC | OTCQX®: ANDC andinacopper.co m 26