Allied Gold Corporation · TSX:AAUC
Allied Gold — Q1 2025 Earnings Presentation
19 slides from Allied Gold's earnings presentation, May 8, 2025
Slide 1: First Quarter 2025 Results
TSX: AAUC FIRST QUARTER 2025 RESULTS May 2025
Slide 2: Disclaimers
Disclaimers CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION AND STATEMENTS This presentation contains "forward-looking information" and future-oriented financial information (“FOFI”) within the meaning of applicable Canadian securities legislation. Except for statements of historical fact
Slide 3: First Quarter Highlights
First Quarter Highlights Driving Sustainable Growth ✓ Solid Progress in Q1 • Quarterly production aligned with expectations • Continue optimizing operations • Progressing growth projects, on schedule and budget • Increasing cash balances and cashflows • Positive exploration results • Improved sustai
Slide 4: First Quarter Financial Performance
First Quarter Financial Performance The Company is delivering strong operational Quarterly Financial Highlights performance while developing its 1Q 2025 1Q 2024 transformational projects Revenue 346.4 175.1 Gross profit (excl. DDA)(1) 138.6 53.6 • Adjusted net earnings per share(3) of $0.14 Net earn
Slide 5: Operational Highlights
Operational Highlights(1,2) Sadiola, Mali Bonikro, CDI Agbaou, CDI PRODUCTION: PRODUCTION: PRODUCTION: 45,232 oz 19,671 oz 19,137 oz COST PERFORMANCE COST PERFORMANCE COST PERFORMANCE Cost of sales, cash cost and AISC per ounce sold of Cost of sales, cash cost and AISC per ounce sold of Cost of sale
Slide 6: Kurmuk Progress Update
Kurmuk Progress Update Construction Water Dam Construction Team Safety Gathering Main Water Dam Earthworks Dish Mountain Mineralized Structure 5
Slide 7: 2025 Guidance
2025 Guidance(1) 2025 is set to deliver increased production YoY, while advancing Gold Production Mine-Site All-in our transformational growth Cash Costs(2) Operating 375,000 – 400,000 Sustaining Costs(2) projects across the Company’s $1,540-$1,620/oz ounces $1,690-$1,790/oz portfolio Expansionary T
Slide 8: Unparalleled Optionality from Exploration Opportunities
Unparalleled Optionality from Exploration Opportunities Ongoing exploration activities are part of Allied’s strategy to leverage existing Mineral Resources and infrastructure to maximize production and cash flows in the short-term Sadiola Côte d’Ivoire Kurmuk Notes: • See Disclaimers and Cautionary
Slide 9: Allied Gold: Africa's Next Leading Gold Producer
Allied Gold Africa’s Next Leading Gold Producer(1) Upcoming Milestones: ➢ Allied is pursuing a listing on the NYSE ➢ Kurmuk exploration and MRMR update in Q3 2025 ➢ Update for Oumé in Côte d’Ivoire in late 2025 ➢ Completion of Sadiola expansion Phase 1 in late 2025 Allied is advancing growth ➢ Analy
Slide 10: Appendix
APPENDIX Gacliied ie Be leon corp oe
Slide 11: Sadiola
Sadiola 2025 Guidance(1) Au Production (Au oz) 200,000 – 205,000 Cash Costs 1,630 – 1,715 (US$/oz)(2) Mine-Site AISC 1,650 – 1,735 (US$/oz) (2) Sustaining Capex 2 US$ million Expansionary Capex 70 US$ million Exploration 6 US$ million Period Operations Projects and Sustaining Exploration 2025 Guidan
Slide 12: Bonikro
Bonikro 2025 Guidance(1) Au Production 98,000 – 105,000 (Au oz) Cash Costs 1,230 – 1,300 (US$/oz)(2) Mine-Site AISC 1,500 – 1,585 (US$/oz) (2) Sustaining Capex 67 US$ millions Expansionary Capex 1 US$ millions Exploration 6 US$ millions Period Operations Projects and Sustaining Exploration 2025 Guid
Slide 13: Agbaou
Agbaou 2025 Guidance(1) Au Production 77,000 – 90,000 (Au oz) Cash Costs 1,630 – 1,715 (US$/oz)(2) Mine-Site AISC 2,050 – 2,160 (US$/oz) (2) Sustaining Capex 30 US$ million Expansionary Capital 1 US$ million Exploration 3 US$ million Period Operations Projects and Sustaining Exploration 2025 Guidanc
Slide 14: Kurmuk
Kurmuk 2025 Guidance(1) Expansionary Capex 280 US$ million Exploration 5 US$ million Period Operations Projects Exploration 2025 Guidance • Mining activities are planned to start in late Q1 • Construction activities are progressing well and • Expected update Mineral Resources and 2025 with the objec
Slide 15: Mineral Reserves and Mineral Resources
Mineral Reserves and Mineral Resources As of December 31, 2024 Proven Mineral Reserves Probable Mineral Reserves Total Mineral Reserves Mineral Property Tonnes (kt) Grade (g/t) Content (koz) Tonnes (kt) Grade (g/t) Content (koz) Tonnes (kt) Grade (g/t) Content (koz) Sadiola Mine 18,427 0.50 295 131,
Slide 16: Appendix A Year-End 2024 Mineral Reserves and Resources
Appendix A Year-End 2024 Mineral Reserves and Resources Reporting Notes SADIOLA AND KORALI SUD KURMUK Mineral Resources: Mineral Resources: • The Sadiola and Korali Sud Mineral Resource Estimates are listed at 0.5 g/t Au • The Kurmuk Mineral Resource Estimate is listed at 0.5 g/t Au cut-off grade an
Slide 17: Appendix A Year-End 2024 Mineral Reserves and Resources
Appendix A Year-End 2024 Mineral Reserves and Resources Reporting Notes BONIKRO AGBAOU Mineral Resources: Mineral Resources: • The Mineral Resource estimate for Bonikro is listed at 0.5 g/t Au cut-off grade, • The Agbaou Mineral Resource Estimate is listed at 0.5 g/t Au cut-off grade, constrained wi
Slide 18: Appendix B Non-GAAP Financial Measures
Appendix B Non-GAAP Financial Measures NON-GAAP FINANCIAL PERFORMANCE MEASURES The Company has included certain non-GAAP financial performance measures and ratios to supplement its Consolidated Financial Statements, which are presented in accordance with IFRS, including the following in this present
Slide 19: Appendix B Non-GAAP Financial Measures
Appendix B Non-GAAP Financial Measures AISC PER GOLD OUNCE SOLD AISC figures are calculated generally in accordance with a standard developed by the World Gold Council (“WGC”), a non-regulatory, market development organization for the gold industry. Adoption of the standard is voluntary, and the sta