Dpm Metals Inc. · TSX:DPM
Dpm Metals — Shareholder Meeting (May 2024)
19 slides from Dpm Metals's shareholder meeting presentation, May 8, 2024
Slide 1: Foundation for Growth - Annual Meeting of Shareholders
FOUNDATION FOR GROWTH ANNUAL MEETING OF SHAREHOLDERS May 8, 2024
Slide 2: Welcome to Our Annual Meeting
WELCOME TO OUR ANNUAL MEETING ▪ Questions may be submitted using the instant messaging service of the virtual interface Asking ▪ Please indicate your name and which entity you represent Questions ▪ Questions will be addressed at the end of the meeting, following the formal business and presentation
Slide 3: Meeting Agenda
MEETING AGENDA Appointment of the Secretary and Scrutineer Constitution of the Meeting Presentation of Financial Statements and Auditor’s Report Nomination and Election of Directors Appointment of the Auditor Advisory “Say on Pay” Resolution Voting on the Items of Business Termination of the Meeting
Slide 4: Nomination & Election of Directors
NOMINATION & ELECTION OF DIRECTORS R. PETER DAVID DR. NICOLE ROBERT M. JAIMIE LEE KALIDAS JUANITA MARIE-ANNE GILLEN RAE ADSHEAD-BELL BOSSHARD DONOVAN MADHAVPEDDI MONTALVO TAWIL Chair President & CEO 4
Slide 5: Foundation for Growth - David Rae, President & CEO
FOUNDATION FOR GROWTH DAVID RAE President & CEO 5
Slide 6: Forward Looking Statements
FORWARD LOOKING STATEMENTS Certain statements and other information included in this presentation and our other disclosure documents constitute “forward looking inherent with conducting business in foreign jurisdictions where corruption, civil unrest, political instability and uncertainties with the
Slide 7: Use of Non-GAAP Measures
USE OF NON-GAAP MEASURES Certain financial measures referred to in this presentation are not measures recognized under IFRS and are referred to as non-GAAP financial measures or ratios. These measures have no standardized meanings under IFRS and may not be comparable to similar measures presented by
Slide 8: 2023 Performance Highlights
2023 PERFORMANCE HIGHTLIGHTS An exceptional year Gold contained in concentrate All-in sustaining cost 1 Free Cash Flow 2 Achieved gold produced (Koz.) ($ per ounce sold) ($M) production guidance 270 - 315 296 $228 $849 $700 - $860 Industry-leading all-in sustaining cost $151 Robust free cash flow ge
Slide 9: Foundation for the Future
FOUNDATION FOR THE FUTURE Unlocking value at our operations and projects ČOKA RAKITA LOMA LARGA CHELOPECH High-grade 1.8Moz. Inferred Focused on stakeholder Continued track record of Mineral Resource 5 engagement & permitting mine life extensions 9 5. Refer to footnote #5 on slide 19.
Slide 10: Disciplined Capital Allocation
DISCIPLINED CAPITAL ALLOCATION Balancing financial strength, reinvestment & return of capital to shareholders Strong Balance Sheet Returning Capital to Investing in our Future Shareholders As at March 31, 2024 $ millions Advancing Čoka Rakita to a pre-feasibility study $150 Aggressively investing $6
Slide 11: Three-Year Outlook
THREE-YEAR OUTLOOK Strong production profile and low all-in sustaining costs driving significant free cash flow generation Production Profile All-in Sustaining Cost Gold contained in concentrate produced (K oz.) All-in sustaining cost ($/oz. Au) 1 $790 - $930 $720 - $880 $760 - $900 245 – 285 230 -
Slide 12: Attractive Development Projects Driving Future Growth
ATTRACTIVE DEVELOPMENT PROJECTS DRIVING FUTURE GROWTH 12
Slide 13: Čoka Rakita, Serbia
ČOKA RAKITA SERBIA SERBIA High-grade organic growth project with significant exploration potential High-grade organic growth project with significant exploration potential Preliminary economic assessment highlights6 HIGH MARGIN GOLD 1st QUARTILE ALL-IN INITIAL MINE LIFE PRODUCTION SUSTAINING COST 16
Slide 14: Loma Larga, Ecuador
LOMA LARGA ECUADOR Advancing stakeholder engagement and permitting activities PROJECT MILESTONES ✓ Constitutional court decision providing clarity on permitting process ✓ Technical approval of the Environmental Impact Assessment and re-start of the environmental consultation process ✓ Certificate of
Slide 15: Industry-Leading ESG Performance
INDUSTRY-LEADING ESG PERFORMANCE Generating a net positive impact from our operations 15
Slide 16: Sustainability in Action
SUSTAINABILITY IN ACTION Our strong ESG performance continued in 2023 SAFETY CLIMATE WATER HUMAN RIGHTS • Zero Lost-time Injuries at • Reduced absolute Scope 1 • Zero industrial wastewater • Published first Canadian Ada Tepe & 2 GHG emissions by 18%i discharged at mine sites Supply Chain Act report
Slide 17: Celebrating 20 Years in Bulgaria
CELEBRATING 20 YEARS IN BULGARIA Unlocking resources and generating value to thrive and grow together 17
Slide 18: Uniquely Positioned to Deliver Superior Value
UNIQUELY POSITIONED TO DELIVER SUEPRIOR VALUE Strong, consistent production Attractive growth pipeline from our operations All-in sustaining cost Balance sheet strength to among lowest in the industry fund growth internally Industry-leading Robust free cash flow generation ESG performance Proven tra
Slide 19: Footnotes
FOOTNOTES 1. Mine cost of sales per ounce of gold sold represents cost of sales for Chelopech and Ada Tepe, divided by payable gold in concentrate sold. This measure is before by-product credits. All-in sustaining cost per ounce of gold is a non-GAAP ratio which represents cost of sales less depreci