Slide 1: Q2-2025 Webcast & Conference Call
TSX ORE I ASX ORE I OTCQX ORZCF For personal use only BUILD. OPERATE. EXPAND. Q2-2025 Webcast & Conference Call BOMBORÉ GOLD MINE BURKINA FASO August 13, 2025
Slide 2: Important Notice
IMPORTANT NOTICE Disclaimer All such forward-looking statements are based on certain assumptions and analysis made by management and qualified persons considering their experience and perception of historical trends, current conditions and expected This presentation is dated August 13, 2025 and is a
Slide 3: Important Notice
IMPORTANT NOTICE Past Performance Gold Production – Stages 1 and 2 Past performance metrics and figures (including historical share price performance of Orezone), as well as any pro Refer to the ASX Prospectus for the statement in this presentation that production from stage 1 is expected to be form
Slide 4: Bomboré: Q2-2025 Highlights
BOMBORÉ: Q2-2025 Highlights GOLD PRODUCTION GOLD SALES AISC PRODUCTION For personal use only SALES AISC 27,548oz 28,265oz $1,830/oz sold On track to achieve 2025 guidance Average realized price of Costs impacted by external factors 115,000 - 130,000oz US$3,338/oz, US$94.5M in revenue (royalties, gri
Slide 5: Production and Unit Cost Summary
BUILD | OPERATE | EXPAND PRODUCTION AND UNIT COST SUMMARY Q2-2025 Commentary Mining Physicals Q2-2025 Q2-2024 For personal use only Ore tonnes mined tonnes 2,059,136 1,966,547 • All oxide production metrics inline with plan, including Waste tonnes mined tonnes 3,948,902 3,451,757 grade, recovery, an
Slide 6: Financial and Operating Highlights
BUILD | OPERATE | EXPAND FINANCIAL AND OPERATING HIGHLIGHTS Q2-2025 Commentary Operating Performance Q2-2025 Q2-2024 For personal use only Gold production oz 27,548 25,524 • Robust earnings and cash flow generated Gold sales oz 28,265 24,937 • $45.5M adjusted EBITDA Average realized gold price $/oz
Slide 7: 2025 A Significant Transition Year
BUILD | OPERATE | EXPAND 2025 A Significant Transition Year Stage 1 Hard Rock – 2.5Mtpa Bomboré Three-Year Production For personal use only • Construction well advanced (100% Basis) 220 - • Commissioning Q4-2025 237,500 250koz • Production: 170,000-180,000oz in 2026 170 - 185koz Accelerating Stage 2
Slide 8: Stage 1 Expansion – 2.5Mtpa
BUILD | OPERATE | EXPAND STAGE 1 Hard Rock Expansion – 2.5Mtpa Budgeted CAPEX of $90-95M For personal use only Existing Oxide Plant On Schedule and Budget Current Progress 5.5Mtpa Jaw Crusher SAG Mill Project completion reached 63% in Q2 Engineering and procurement complete Jaw crusher installation
Slide 9: Stage 1 Major Mill Components
STAGE 1 Hard Rock Major Mill Components For personal use only Jaw Crusher & Dump Pocket Ore Bin & Lime Silo 9
Slide 10: Stage 1 Major Mill Components
STAGE 1 Hard Rock Major Mill Components For personal use only 9.0MW SAG Mill Trash Screen 10
Slide 11: Stage 1 Expansion
STAGE 1 Hard Rock Expansion For personal use only TSF Cell 1 TSF Cell 2 CIL Tanks TSF Expansion 11
Slide 12: Stage 2 Hard Rock Expansion – 5.5Mtpa
BUILD | OPERATE | EXPAND STAGE 2 Hard Rock Expansion – 5.5Mtpa Mill throughput to increase For personal use only from 2.5Mtpa to 5.5Mtpa Thickener Existing Oxide Plant Rock Breaker Ball Mill Overall Production 220,000 – 250,000oz/yr Additions to hard rock plant 4 additional CIL tanks Pebble Crusher
Slide 13: 2025 A Transformational Year
BUILD | OPERATE | EXPAND 2025 A Transformational Year Completion of ASX Renewed Focus: For personal use only Stage 1 Hard Rock Secondary Listing Multi-year Exploration Expansion (began trading Aug. 8) Program Planned • To increase overall production by • Increased trading liquidity and • Current dri