Westgold Resources Ltd · ASX:WGX

Westgold Resources — Shareholder Meeting (November 2021)

15 slides from Westgold Resources's shareholder meeting presentation, Nov 26, 2021

  1. Slide 1: 2021 Annual General Meeting

    WESTGOLD RESOURCES LIMITED WESTGOLD RESOURCES LIMITED [ ASX: WGX ] ASX : WGX For personal use only 2021 ANNUAL GENERAL MEETING 26 November 2021 Wayne Bramwell – Executive Director Debbie Fullarton – Chief Executive Officer 1

  2. Slide 2: Disclaimer – Compliance Statement

    Disclaimer COMPLIANCE STATEMENT For personal use only Exploration targets, exploration results the information in this report that relates to exploration targets and exploration results is compiled by Westgold technical employees and contractors under the supervision of Mr. Jake Russell B. Sc. (Hons

  3. Slide 3: Westgold – A Dynamic, Growth Oriented Gold Miner

    Westgold [ASX : WGX] – A Dynamic, Growth Oriented Gold Miner For personal use only Established Australian producer - Tier 1 jurisdiction and a +35M oz gold province Operational flexibility – 7.9M Oz resource base, multiple mines, 3 processing hubs and 1,300km2 of tenure to explore Vertically integra

  4. Slide 4: Rapid Growth

    Rapid Growth For personal use only FY21 Maiden Cash Dividend FY20 1Moz milestone FY19 Assets rationalised Focus on Murchison & Bryah FY17 - FY19 Production Kalgoorlie & Murchison Goldfields Dec 2016 Westgold lists on ASX 4 4

  5. Slide 5: Q1 FY22 – Record Production Achieved

    Q1 FY22 – Record Production Achieved Quarterly Gold Production since 2017 - Murchison + Bryah Operations For personal use only 70,000 60,000 50,000 Production oz. 40,000 30,000 20,000 10,000 0 FY2017 FY2017 FY2017 FY2017 FY2018 FY2018 FY2018 FY2018 FY2019 FY2019 FY2019 FY2019 FY2020 FY2020 FY2020 FY

  6. Slide 6: WGX: Year in Review

    WGX: Year in Review Date Announcement For personal use only 15 Dec 20 Incident at Big Bell 1 Feb 21 Temporary suspend FIFO operations 8 Feb 21 Resume FIFO Operations 22 Mar 21 Sells Lithium Assets 29 Apr 21 Activates Growth Strategy 29 Apr 21 Acquires 8% interest in Alto Metals Limited (AME) 3 Jun 2

  7. Slide 7: FY21 – The Inflection Point

    FY21 – The Inflection Point FINANCIAL METRIC FY21 FY20 Variance Despite COVID-19 impacting the industry For personal use only Gold Sales [oz] 245,066 235,196 + 4%  FY21 began to see capital investment start to deliver improved fiscal results1 Revenue [A$M] 571 492 + 16%  Big Bell contribution rise

  8. Slide 8: Operational Snapshot

    Operational Snapshot  ≈1,142 employees 1 For personal use only  1,300 km2 of tenure  3 processing hubs ≈ 4Mtpa installed milling capacity  Multiple underground and open pit mines  Operational flexibility and good cost management  In-house mining services, drilling, raise bore and off road haul

  9. Slide 9: Safety

    Safety All Sites LTI Actual Injuries/Frequency Rates Nov 2020 - Oct 2021 For personal use only 4 3.5 3 2.5 2 1.5 1 0.5 0 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 All Sites All Sitess LTIFR Gold Industry LTFR 9

  10. Slide 10: WGX – Share Price vs AUD Gold Price

    WGX – Share Price vs AUD Gold Price 3.1 3000 only 2900 2.9 2800 use 2.7 2700 2.5 2600 For personal WGX Share Price Gold Price 2.3 2500 2400 2.1 2300 1.9 2200 1.7 2100 1.5 2000 2/11/2020 2/12/2020 2/01/2021 2/02/2021 2/03/2021 2/04/2021 2/05/2021 2/06/2021 2/07/2021 2/08/2021 2/09/2021 2/10/2021 2/11

  11. Slide 11: FY22 Guidance

    FY22 Guidance Murchison [MGO+CGO] Big Bell UG For personal use only Comet UG South Emu – Triton UG Bluebird UG Paddy’s Flat UG Open Pits +210,000 Oz Bryah [FGO] Starlight UG Open Pits +60,000 Oz FY22 guidance +270,000 Oz @ A$1,500 – A$1,700 Oz 11

  12. Slide 12: Environmental, Social and Governance Commitment

    Environmental, Social and Governance Commitment This is an integral part of our business, and we recognise the increasing For personal use only importance to our shareholders and stakeholders. 2021 Sustainability Report  Reports in accordance with Global Reporting Initiative (GRI) Standards  Adopt

  13. Slide 13: Looking Ahead

    Looking Ahead  Focused on operational delivery For personal use only  Major mines moving to steady state  Grade - not volume  New mines coming online  Building internal capacity  Safety / People / Culture  Business efficiency - continuous improvement  Eyes on Growth  Organic via Exploration

  14. Slide 14: Westgold – Strategic, Focused, and Patient

    Westgold – Strategic, Focused, and Patient For personal use only Established Australian producer - Tier 1 jurisdiction and a +35M oz gold province Operational flexibility – 7.9M Oz resource base, multiple mines, 3 processing hubs and 1,300km2 of tenure to explore Vertically integrated owner miner =

  15. Slide 15: Thank you for attending our 2021 AGM

    For personal use only WESTGOLD RESOURCES LIMITED [ASX : WGX] Thank you for attending our 2021 AGM and your ongoing support www.westgold.com.au 15

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