Akobo Minerals Ab · OSL:AKOBO
Akobo Minerals Ab — Stora Aktiedagen Stockholm 2025
14 slides from Akobo Minerals Ab's conference presentation, Nov 27, 2025
Slide 1: Stora Aktiedagen - Stockholm
Stora Aktiedagen - Stockholm AKOBO MINERALS AB (publ) 27th November 2025 Euronext – AKOBO OTC – AKOBF www.akobominerals.com
Slide 2: Disclaimer
Disclaimer This document has been used during an oral presentation. Therefore, this document is incomplete without the oral explanations, comments and supporting instruments that were submitted during the referred presentation. To the extent permitted by law, no representation or warranty is given,
Slide 3: Scandinavian-based Ethiopian Gold Producer and Explorer
Scandinavian-based Ethiopian Gold Producer and Explorer Strong corporate foundation Strong local foothold, based Low-cost and flexible to support continued growth upon the principles of good operations to be supported of resources and discovery ethics, transparency and by cash flow from current of n
Slide 4: Akobo Minerals – Snapshot
Akobo Minerals – Snapshot ▪ Segele, a high-grade deposit developed over 15 years from pure greenfield into a producing mine 3.000 shareholders + Ethiopian Investment Holding ▪ One of the very few juniors to progress from discovery to production, and now operating with cash flow ▪ First international
Slide 5: Responsible Operations – Doing it Right
Responsible Operations – Doing it Right ▪ Strong award-winning ESG policy ▪ Low environmental footprint ▪ Being Ethiopian-based is a strength for access, insight and continuity ▪ Mainly Ethiopian workforce, supported by a small number of experienced expats ▪ 2 employees outside Ethiopia, lean and fo
Slide 6: Current Status
Current Status ▪ Positive EBITDA expected in Q3 – first time in 15 years ▪ Steady production of 6–8 kg per month ▪ Operational break-even around ~5 kg ▪ No chemicals and gravity-only processing with ~86% recovery ▪ Tailings facility preparation for future CIL plant ▪ Camp upgrades for 200+ employees
Slide 7: AKOBOMINERALS
AKOBOMINERALS
Slide 8: Vertical Shaft Development
Vertical Shaft Development ▪ Vertical shaft development underway ▪ Designed to support up to 50 kg/month over time, with low incremental operating costs ▪ Operational during Q1 2026, with following ramp up period ▪ Will replace the current tunnels and save time and money ▪ Capacity: 100 to 150 tons
Slide 9: High Grade vs Industry Average
High Grade vs Industry Average ▪ Segele grade remains far above typical gold mines ▪ High grade supports low unit costs and stronger margins ▪ Segele Mineral Resource (SRK, April 2022) • Indicated: 41,000 oz @ 40.6 g/t • Total: 68,811 oz @ 22.7 g/t ▪ Segele is still small, but open at depth, and we
Slide 10: Ethiopia – Positive Investment Climate
Ethiopia – Positive Investment Climate ▪ Government reforms supporting mining and foreign investment and export-led growth ▪ Mining positioned as a core pillar in national economic development ▪ Positive engagement with Ministry of Mines ▪ New mining directive offering offshore accounts and stable e
Slide 11: Geological Potential and Growth Pipeline
Geological Potential and Growth Pipeline ▪ Ethiopia under-explored despite strong geological fundamentals ▪ Akobo operating in a favourable greenstone belt with first-mover advantage ▪ Near-mine exploration ongoing; good indications outside current model GINGIBIL ▪ Gingibil–Joru corridor already wel
Slide 12: The Near Future
The Near Future ▪ Shaft completion enabling higher and more stable production ▪ Ramp-up towards significantly higher production levels, driven by shaft efficiency ▪ Access to deeper zones and additional ore bodies ▪ Restart of near-mine drilling ▪ Start of Gingibil–Joru drill program ▪ Continued pla
Slide 13: Summary
Summary ▪ A producing, high-grade mine with clear upside ▪ Visible path to growth through shaft, exploration and plant development ▪ Low-cost, disciplined operator with improving cash flow ▪ Strong support and an improving investment climate ▪ Attractive long-term potential in an under-explored gold
Slide 14: Q&A
Q&A 14 14