Slide 1: New Rare Earth Resources in Finland
ASX:PRS | FSE:1P80 prospech.com.au ABN 24 602 043 265 New Rare Earth Resources in Finland
Slide 2: Disclaimer
Disclaimer Cautionary statements The announcement and information, opinions or conclusion expressed in the These risks and uncertainties include, but are not limited to: (i) those relating to course of this announcement contains forecasts and forward-looking the interpretation of drill results, the
Slide 3: Investment Highlights
Investment Highlights Korsnäs REE Resource doubled to 13.5 Mt @ 1.02% TREO (total rare earth oxides) – further resource growth targeted Rare earth prices rising, with NdPR up 40% since July - from US$63/kg in June to US$89/kg in August (DoD floor price US$110/kg) Finland projects have EU suppo
Slide 4: EU is committed to rare earths industry
EU is committed to rare earths industry Rare earth elements (REEs) listed among 14 of 17 critical minerals 47 ‘Strategic Projects’ listed including in Finland EU Critical Raw Materials Act aims to ensure European extraction, processing and recycling of ‘strategic raw materials’ including REEs
Slide 5: 2025 - A Year of Achievement by the Team
Bambra Oy - Prospech Limited Sept 2024 – Mining Museum Sponsorship 2025 - A Year of Achievement by the Team • 6 January – Expansion of Jokikangas Project • 7 February – Highest Grade–Thickness Drill Assay Results from Korsnäs • 20 February – High-Grade REE Zones at Korsnäs Continue to Expand • 27 Fe
Slide 6: Bambra Oy - Prospech Limited – Finnish Partnerships
Bambra Oy - Prospech Limited – Finnish Partnerships Thank you to our Finnish partners as we push to building the EU’s first REE production company prospech.com.au
Slide 7: Capital Structure
Capital Structure ASX: PRS FSE: 1P80 523M $0.023 $13.1M Shares on Issue Share Price Market Capitalisation (at close 17 Oct 2025) $11M $2M 1. Enterprise Value Cash (30 Sept 2025) Top 22 shareholders (three equal 20th) hold 48% of the company. 1. Includes $1M received on 1 October 2025. Open Day for K
Slide 8: Finland
Finland The EU’s newest REE Resource Korsnäs REE Project (Critical Minerals) Jokikangas REE Project Proximate to Neo Materials’ Refinery (REE) – if needed 11 prospech.com.au Donation Korsnas Museum Mine - prospech.com.au August 2024.
Slide 9: Korsnäs REE Project
Korsnäs REE Project Resource doubled to 13.5 Mt @ 1.02% TREO (total rare earth oxides) - lower cut-off grade of 0.5% TREO; Plan is to repeat this growth with future drilling Ansto Agreement and GTK – Mining School Metallurgical work underway Drill core from 471 historic diamond core holes pres
Slide 10: Korsnäs – Geology Simplistic and Continuous
Korsnäs – Geology Simplistic and Continuous One of the Six sub-parallel geological structures was mined for approximately 200m strike and is now defined at over 2km strike – and was mined for Lead only = A wide open Geological system. 15
Slide 11: Korsnäs – Geology Stacked Repeated Zones
Korsnäs – Geology Stacked Repeated Zones 15
Slide 12: Korsnäs – 7km Strike Cumulative - mostly undrilled
Korsnäs – 7km Strike Cumulative - mostly undrilled Six sub-parallel geological structures up to 20 metres thickness and over 1km strike length and unknown depth control = resource growth 15
Slide 13: Korsnäs REE Tailings
Korsnäs REE Tailings Metallurgical Testwork On Exploration Target Underway Parallel metallurgical workstreams in Australia, Core, Ansto, in Finland with Mining School Oulu and GTK and in Indonesia with PT Geoservices Mineralogy studies identified two distinct REE-hosting materials, Apatite the d
Slide 14: Korsnäs REE Project
Korsnäs REE Project Metallurgical Testwork – No Red Flags – Concentrate Separation Work In Brisbane Core lab now. Ansto next for Step 2 also in Australia in parallel with Finnish metallurgical work – ongoing and core samples submitted to GTK in October last year – results awaited. Testwork Oulu Mi
Slide 15: Jokikangas REE
Jokikangas REE REE Resource play – Otanmaki Area Jokikangas project area doubled in size Reported assay results from historical drill core indicate encouraging grades of High Field Strength Elements hafnium and niobium Core from a further 81 historical drill holes to be logged and assayed HS
Slide 16: Korsnäs REE – Growth of Market Cap and Resource
Korsnäs REE – Growth of Market Cap and Resource Bubble Chart For Tonnage/Grade/Market Cap – PRS:ASX - Reaching Higher These peer comparisons support benchmarking of the Korsnäs project within the broader REE sector and inform future drilling strategies aimed at improving geological continuity and gr
Slide 17: Finland #1 Fraser Institute - Why?
Finland #1 Fraser Institute - Why? A Rating based on Policy and Potential fraserinstitute.org Finland's Winning Formula for Mining Excellence: •Stable and transparent regulatory framework •World-class geological data •Superior infrastructure •Reliable power grid with low electricity costs = 0.07 A$/
Slide 18: News Flow
Prospech Limited News Flow Korsnäs REE Project o Now to December - Metallurgy – Most intensive activity already in progress in Finland at Oulu University and GTK Mintek (supported by the EU funded REMHub program) and in Australia and Indonesia – Core Labs, Ansto and PT Geoservices. o Early 2026 Po
Slide 19: Prospech Ltd and Bambra Oy - Board and Management
Prospech Ltd and Bambra Oy - Board and Management Thomas Mann Non-Executive Chairman – Prospech Limited Pekka Pesonen Bambra Oy - Admin Manager Mr Mann has over 30 years’ experience in financial markets and global trade having MBA, Lic.Tech. Experienced business executive with over 30 years of leade
Slide 20: Next Update in Kokkola 12th November
ABN 24 602 043 265 Next Update in Kokkola 12th November https://materialweek.fi/ Korsnäs Drilling KR305 of the main mine zone prospech.com.au ASX:PRS FSE:1P80
Slide 21: Q&A Kiitos Tack
ASX:PRS | FSE:1P80 prospech.com.au ABN 24 602 043 265 Q&A Kiitos Tack Thank You Contact us for further information Jason Beckton j.beckton@prospech.com +61 (0) 438 888 612 Microphotograph 1cm - Apatite – REE Phosphate thanks to Lumo Analytics Corporate +61 2 9300 3333