Soma Gold Corp. · TSXV:SOMA
Soma Gold — Investor Presentation (September 2026)
36 slides from Soma Gold's investor presentation, September 2026
Slide 1: Corporate Presentation, September 2026
Corporate Presentation, September 2026 somagoldcorp.com TSXV: SOMA | OTCQB: SMAGF
Slide 2: Legal Disclaimer
Legal Disclaimer Cautionary Note Regarding Forward Looking Information Some statements herein contain “forward-looking information” within the meaning of Canadian securities legislation. Forward-looking statements are statements and information regarding possible events, conditions or results of ope
Slide 3: Soma Gold Overview
Soma Gold Overview somagoldcorp.com
Slide 4: Soma Gold – At A Glance
Soma Gold – At A Glance O P E R A T I O N A L El Bagre Complex Operating 2 Operating Complexes 430 Km2 of Concessions El Limon Complex Operating Medellin ~14Koz LTM Gold Production(1) 50-55Koz Medium-term Bogota Annual Gold Production(2) F I N A N C I A L C O L O M B I A C$15M C$119M LTM EBITDA(1) M
Slide 5: Value Proposition
Value Proposition Organic Growth to +50 Accretive M&A Koz/yr Au Opportunities Increase mill feed, small mine Committed to pursuing formalization, apply sorting acquisitions that enhance equipment and expand plant shareholder value Clean Balance Sheet Experienced Leadership Removed long-term debt and
Slide 6: Corporate Snapshot
Corporate Snapshot Capital Markets Data Share Price Performance (C$) TSXV / OTCQB Symbols SOMA / SMAGF 2.50 52-Week Range (TSXV) C$0.63 – C$2.46 Share Price (close on August 28, 2026) C$0.78 2.00 Shares Outstanding(1)(2) ~151.9M Market Capitalization(2) C$118.5M Cash(1)(3) C$7.3M 1.50 Debt(1) C$2.6M
Slide 7: Peer Comparison
Peer Comparison EV/2026E Production (US$/oz) (1)(2) EV/2026E EBITDA (x) (1)(3) - 5,000 10,000 15,000 20,000 - 2.0 4.0 6.0 8.0 Wesdome Gold Mines West Red Lake Aris Mining Wesdome Gold Mines West Red Lake Integra Resources Heliostar Aris Mining Mineros Heliostar Jaguar Mining Mineros Integra Resource
Slide 8: Experienced Leadership Team
Experienced Leadership Team BOARD OF DIRECTORS GEOFF GLENN YANNIS NATASCHA TERRY HAMPSON WALSH TSITOS KIERNAN KREPIAKEVICH CHAIRMAN & CEO DIRECTOR DIRECTOR DIRECTOR DIRECTOR Founded and financed private Entrepreneur and investor with Geophysicist with global reach Lawyer, consultant and Seasoned fin
Slide 9: Colombia - Excellent Mining Jurisdiction
Colombia - Excellent El Bagre Complex Mining Jurisdiction Alluvial Operation (2.8 Moz Au) El Limon Complex • Large portions of Colombia remain geologically underexplored, offering substantial upside potential for new discoveries Buritica Gold Mine (10.7 Moz Au) • Colombia has competitive operating c
Slide 10: Active M&A Mandate
Active M&A Mandate Acquisition Criteria Agnostic but selective - preference North and South America Selective M&A opportunities with Production, Pre-Production, Development commitment to pursuing asset with strong visibility on permitting acquisitions that enhance shareholder value Gold and Silver A
Slide 11: Strategic Objectives
Strategic Objectives H1 2027 H2 2027 H1 2028 H2 2028 H1 2029 H2 2029 Production Sorting Equipment Installation Annual Gold Third-Party Mill Feed Purchase Program Production Nechi 50,000 – Formalization 55,000 oz Au Formalization of Small-Scale Miners with Local Organizations Exploration Extension of
Slide 12: Organic & Hub and Spoke Growth Strategy
Organic & Hub and Spoke Growth Strategy somagoldcorp.com
Slide 13: Organic Growth Strategy
Organic Growth Strategy Annual Targeted Gold Production • Soma has a 430 km2 district scale property next to Aris Mining’s (TSX:ARIS) 350,000 oz/yr Au Segovia operations • Ongoing exploration program funded by free cash flow with +340,000 m of DDH drilling on property, targeting +1 Moz Au • Organic
Slide 14: Hub and Spoke Strategy
N Hub and Spoke Strategy 5 0 5km Kilometer Cordero 300-350 tpd 5-7 g/t Au Medium- Tonnage Grade Metal Medium-Term Term Status El Bagre Mill (tpd) (g/t Au) (Koz Au) Designated Mill Escondida Targets(1) 20-40 tpd 10-12 g/t Au Cordero(2) 300-350 5-7 20 El Limon / El Bagre Operational Limon 50-100 tpd 3
Slide 15: Third-Party Mill Feed Purchase Program
Third-Party Mill Feed Purchase Program • Implementing third-party mineralized material purchase program to supply the El Bagre Mill and the El Limon Mill • Purchase material from various feed sources as part of the “Fill the Mill” strategy Caucasia • No minimum delivery threshold will allow for wide
Slide 16: Portfolio Overview
Portfolio Overview somagoldcorp.com
Slide 17: Processing Plants - El Bagre and El Limon
Processing Plants - El Bagre and El Limon El Bagre Complex El Limon Complex Feeder Sources Cordero and Nechi Feeder Sources Limon, Escondida, Aurora, Artisanal, Nechi Capacity 450 tpd Capacity 225 tpd Recoveries 89.1% (last twelve months) Recoveries Historically 85 - 90% El Bagre Milling Facility El
Slide 18: Cordero Mine
Cordero Mine • Targeted production of 300 - 350 tpd post sorting • Targeting consistent 20 Koz/yr Au over the long-term • Main source with strong track record of consistent feed • Sorting equipment to be installed • Drilling from underground and surface to extend high- grade zones down plunge • Disc
Slide 19: Cordero Mine - Exploration Overview
Cordero Mine - Exploration Overview • Ongoing exploration program with ~17,000 m drilled in 2025 N • Focused exploration initiatives on new discoveries at Cordero and near mine plan targets 0 500 1000 1500 2000 Meters • Drilling in the Venus Gap, Atenas and recently discovered extension of the Corde
Slide 20: Nechi Mine
Nechi Mine Legend El Catorce Vein 2007 2011 • 42,000 m of DDH drilling already completed 2009 2012 2010 2013 • Some of the previously built decline and underground workings Quartz Veins can be re-purposed Rivers / Creeks Exploration Concessions • 250 - 300 tpd production planned • Material to be mil
Slide 21: Limon Mine and Aurora Mine
Limon Mine and Aurora Mine Limon Mine Aurora Mine • Located at the El Limon mill • Located ~20 km south of the El Limon mill • Identified parallel structures to the historic • Paved road to El Limon and El Bagre mills Limon vein • Received updated PTO with capacity of 75 tpd • Historical mine produc
Slide 22: Artisanal Miners
N Artisanal Miners 5 0 5km Kilometer Cocohondo • There are many small miners working on stripped hard rock and alluvial deposits on Soma’s property Brisas • Soma’s strategy is to work with these small miners to formali e them under the Government of Colombia’s program • There are currently +20 appli
Slide 23: Exploration Strategy
Exploration Strategy somagoldcorp.com
Slide 24: Exploration Strategy
N 5 0 5km Kilometer Escondida Summit Exploration Strategy Cordero Sur • Targeting ~35,000 m of DDH across the property in 2026 • Multiple targets identified through surface sampling and artisanal Estrella mining • Airborne geophysical and LIDAR surveys completed Diamantina Primavera • 10-person geol
Slide 25: Exploration at Escondida Mine
Exploration at Escondida Mine NE SW • Located 25 km west of the El Limon Mill • Fully permitted legal mine with PTO, environmental 432 and explosives permits for 40 tpd EZ-175 EZ150 • Mineralization with vein widths of 2 - 3 m, strike of EZ425 EZ300 EZ00 EZ550 800 m, grades of 10 - 12 g/t Au EZ-175-
Slide 26: Exploration at Regional Prospects and Mines
Exploration at Regional Prospects and Mines Diamantina Mine Aurum Mine and Orion Mine (Psyche 2 (Gold)) • Targeting +3,400 m in 2026 • Targeting +1,500 m in 2026 • Testing down dip extension of developed levels • Testing vein continuity of drilling in 2021 and 2022 N and strike extension between Aur
Slide 27: Stacked Pipeline Approach
Stacked Pipeline Approach +430 km2 of almost contiguous land package with strong mineral endowment located in Colombia Escondida Summit Primavera Santa Maria Psyche 2 (Gold) Porquera Greenfield Nechi Cordero Sur Orus Brownfield / 3rd Party Escondida Aurora Cordero Restart Limoncito Norte Limon Estre
Slide 28: ESG Mission & Implementation
ESG Mission & Implementation somagoldcorp.com
Slide 29: ESG - Leading by Example
ESG - Leading by Example Environmental • First Colombian mining company to be certified as carbon-neutral(1) Support programs to promote healthy habits, care of the environment and • Formalizing small miners eliminates the use of mercury prevention of risks to people’s integrity • Sustainable and re
Slide 30: Summary
Summary Organic Operating Exploration Insider Growth Platform Upside Ownership Increasing annual Ability to generate 43,000 ha of highly Management production to cash flow and direct prospective targets and Directors +50,000 oz Au based exposure to strong on a proven hold ~60% of the on current capa
Slide 31: Appendix
A\SoOMA GOLD Appendix somagoldcorp.com
Slide 32: Financial Performance
Financial Performance Financial Data Q2 2026 Q1 2026 Q4 2025 Q3 2025 LTM 2026 FY 2025 FY 2024 Revenue C$M 20.4 22.5 18.2 18.1 79.3 87.3 89.4 Income from Mine Operations C$M 2.0 2.8 0.3 5.3 10.5 21.1 25.2 Net Income (Loss) C$M (3.9) (2.1) (8.1) 0.4 (13.7) (2.9) 4.2 EBITDA C$M 0.7 4.0 (1.4) 6.2 9.5 26
Slide 33: Operational Performance
Operational Performance Operational Data Q2 2026 Q1 2026 Q4 2025 Q3 2025 LTM 2026 FY 2025 FY 2024 Ore Mined Kt 33.7 37.1 19.2 28.8 118.7 122.2 146.8 Ore Milled Kt 32.2 34.3 19.9 25.9 112.4 116.6 147.2 Grade g/t Au 3.99 3.58 4.38 5.75 4.34 5.62 6.61 Recovery % 89.6% 89.0% 88.4% 89.1% 89.1% 88.4% 88.3
Slide 34: Mineral Resources
Mineral Resources Summary of Mineral Resources (Dec 31, 2022)(1) 1. CIM (2014) definitions were followed for Mineral Resources Category Tonnage (Kt) Grade (g/t Au) Gold (Koz) 2. Mineral Resources are estimated at a cut-off grade of 2.40 g/t Au Indicated for Cordero and 3.1 g/t Au for Nechí 3. Minera
Slide 35: Technical Disclosure
Technical Disclosure Unless otherwise indicated, the scientific disclosure and technical information included in this presentation are based upon information included in the following documents and NI 43-101 compliant technical reports: 1. Technical report entitled “Technical Report on the El Bagre
Slide 36: Contact Us
T SXV: SOM A | OTCQB: SMAGF Contact Us info@somagoldcorp.com +1 604 259-0302 1500 – 409 Granville Street, Vancouver, BC V6C 1T2 Jean-Francois Meilleur VP Capital Markets Jean-francois@somagoldcorp.com Geoff Hampson Chairman & CEO somagoldcorp.com