Drdgold Ltd. · JSE:DRD

Drdgold — FY2026 Earnings Presentation

27 slides from Drdgold's earnings presentation, Aug 19, 2026

  1. Slide 1: Presentation of Results for the year ended 30 June 2026

    Presentation Niël Pretorius Chief Executive Officer of Results Henriette Hooijer for the year ended 30 June 2026 Chief Financial Officer Jaco Schoeman Chief Operating Officer

  2. Slide 2: Disclaimer

    Disclaimer as at 30 June 2026 Many factors could cause the actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, adverse changes or unce

  3. Slide 3: Performance at a glance

    Performance at a glance as at 30 June 2026 19th consecutive financial year of dividends: Final cash dividend of 120 SA cps 40% increase in the Operating profit Revenue Headline earnings Capital expenditure Free cash flow average Rand gold price R6 452.0m received to R11 159.0m R4 253.7m R3 531.6m R2

  4. Slide 4: Operational performance

    Operational performance DRDGOLD Results for the year ended 30 June 2026 3

  5. Slide 5: ERGO operating trends

    ERGO operating trends Volume (000t) Yield (g/t) Production (kg) 10 000 9 856 0.200 2 200 9 631 9 595 0.187 0.191 9 378 0.179 2 000 0.180 1 844 1 828 9 000 0.169 1 800 1 683 0.160 1 629 1 600 8 000 0.140 1 400 7 000 0.120 1 200 HY1 FY2025 HY2 FY2025 HY1 FY2026 HY2 FY2026 HY1 FY2025 HY2 FY2025 HY1 FY2

  6. Slide 6: FWGR operating trends

    FWGR operating trends Volume (000t) Yield (g/t) Production (kg) 0.235 3 500 0.240 800 0.223 720 0.212 654 674 3 060 3 066 3 079 0.208 637 3 018 3 000 0.200 600 2 500 0.160 400 2 000 0.120 200 HY1 FY2025 HY2 FY2025 HY1 FY2026 HY2 FY2026 HY1 FY2025 HY2 FY2025 HY1 FY2026 HY2 FY2026 HY1 FY2025 HY2 FY202

  7. Slide 7: Group operating trends

    Group operating trends Volume (000t) Yield (g/t) Production (kg) 12 916 0.199 0.198 13 000 12 697 0.200 0.188 2 700 12 614 0.178 2 564 12 456 2 502 0.150 2 400 2 337 2 266 12 000 0.100 2 100 11 000 0.050 1 800 10 000 0.000 1 500 HY1 FY2025 HY2 FY2025 HY1 FY2026 HY2 FY2026 HY1 FY2025 HY2 FY2025 HY1 F

  8. Slide 8: Financial performance

    Financial performance DRDGOLD Results for the year ended 30 June 2026 7

  9. Slide 9: ERGO financial results

    ERGO financial results Revenue (Rm) Cash operating costs (Rm) Operating profit (Rm) 2 466.4 5 000 4 466.9 0 2 500 4 000 3 613.1 (500) 2 000 1 660.3 2 952.5 3 000 2 719.0 1 500 (1 000) 1 153.4 2 000 (1 500) 1 000 828.7 1 000 (2 000) (1 812.8) 500 (1 886.4) (1 918.8) (2 050.0) 0 0 HY1 FY2025 HY2 FY202

  10. Slide 10: FWGR financial results

    FWGR financial results Revenue (Rm) Cash operating costs (Rm) Operating profit (Rm) 1 272.8 2000 0 1 638.9 1200 1 052.5 1 440.1 (100) 1500 900 750.0 791.5 1 083.3 1 123.4 (200) 1000 600 (300) 500 300 (328.7) (344.8) (400) (375.3) (368.3) 0 0 HY1 FY2025 HY2 FY2025 HY1 FY2026 HY2 FY2026 HY1 FY2025 HY2

  11. Slide 11: Group financial trends

    Group financial trends Operating margin (%) All-in sustaining costs margin (%) 70 60 56.9 61.2% 48.3 60 50 53.7 42.3 47.7 40 35.0 50 41.5 30 40 20 30 10 HY1 FY2025 HY2 FY2025 HY1 FY2026 HY2 FY2026 HY1 FY2025 HY2 FY2025 HY1 FY2026 HY2 FY2026 Free cash flow (Rm) HEPS (cents per share) 1 473.3 1 500 30

  12. Slide 12: Financial review: Statement of profit and loss

    Financial review: Statement of profit and loss for the year ended 30 June 2026 Year to Year to 30 June 2026 30 June 2025 Rm Rm Revenue 11 159.0 7 878.2 Cost of sales (5 193.9) (4 747.7) Gross profit from operating activities 5 965.1 3 130.5 Other income 9.4 — Administration expenses and other costs

  13. Slide 13: Financial review: Statement of financial position

    Financial review: Statement of financial position as at 30 June 2026 As at As at 30 June 2026 30 June 2025 Rm Rm Property, plant and equipment 11 918.4 8 542.2 Investments in rehabilitation and other funds 1 100.6 1 002.8 Payments made under protest 31.0 56.7 Other Investments 567.0 322.5 Deferred t

  14. Slide 14: Financial review: Statement of cash flows

    Financial review: Statement of cash flows for the year ended 30 June 2026 Year to Year to 30 June 2026 30 June 2025 Rm Rm Net cash inflow from operating activities 5 675.3 3 511.1 Cash generated from operations 6 036.5 3 376.9 Finance income received 138.9 63.7 Dividends received — 56.3 Finance expe

  15. Slide 15: Vision 2028 update

    Vision 2028 update DRDGOLD Results for the year ended 30 June 2026 14

  16. Slide 16: The five projects to deliver Vision 2028

    The five projects to deliver Vision 2028 R10 billion to secure scale, capacity and optionality 01 02 03 04 05 The Daggafontein The DP2 The pipeline project – The RTSF, The Withok TSF, TSF, ERGO expansion, DP2, RTSF and FWGR ERGO FWGR Libanon, FWGR Infrastructure and Doubling plant capacity A 135km p

  17. Slide 17: At Ergo

    At Ergo Daggafontein TSF Withok TSF Vision • Water first pumped to the TSF on 25 June 2026. • Public participation completed 2028 • First tailings deposited on 6 July 2026. • Design engineer and teams approved • Adding 120 million tonnes of depostioning capacity • Environmental Authorisation (EA), w

  18. Slide 18: At Far West Gold Recoveries | FWGR

    At Far West Gold Recoveries | FWGR DP2 Expansion Pipeline project – DP2, RTSF RTSF and Libanon • Smelthouse and elution circuit • 135km slurry, residue and water lines • As of 30 June 2026, construction of Vision commissioned 14 July 2026 to DP2, Libanon and RTSF are 95% the RTSF was at 67% completi

  19. Slide 19: Vision 2028 Capital expenditure

    Vision 2028 Capital expenditure 3 500 3 000 2 500 (R million) 2 000 1 500 1 000 500 0 Actual Actual Actual Forecast Forecast Forecast FY2024 FY2025 FY2026 FY2027 FY2028 FY2029 Withok TSF Daggafontein TSF RTSF DP2 Expansion DP2 UFR Pipelines (including Libanon) DRDGOLD Results for the year ended 30 J

  20. Slide 20: Mineral Resources and Mineral Reserves update

    Mineral Resources and Mineral Reserves update Mineral Resources inclusive of Mineral Reserves Tonnes Grade Au Au ounces reconciliation Mt g/t Moz Mineral Resources at 30 June 2025 685.30 0.28 6.27 Addition of Kloof 2 Dump 67.36 0.24 0.52 Depletion of Mineral Resources (23.39) 0.40 (0.29) Survey and

  21. Slide 21: Sustainable development performance

    Sustainable development performance DRDGOLD Results for the year ended 30 June 2026 20

  22. Slide 22: Environmental performance

    Environmental performance Year ended Year ended Year ended Reduced potable water consumption, 30 June 2026 30 June 2025 30 June 2024 Scope 2 carbon emissions and dust exceedances Hectares of active TSFs vegetated Ha 43 44 40 Potable water consumption Mℓ 932 1 214 988 Environmental spend Dust emissio

  23. Slide 23: Social performance

    Social performance Strengthening communities, investing in employees and improving safety performance Our Community Regeneration Model is aimed at sustainable impact, and guides our social programmes. R23.8 million R56.8 million Safety performance Employee training spend (FY2025: R15.8 million) Spen

  24. Slide 24: Share price movement

    Share price movement February 2026 – August 2026: Share price momentum JSE ZAR cents 3,969.00 18 August 2026 NYSE USD 24.46 18 August 2026 DRDGOLD Results for the year ended 30 June 2026 23

  25. Slide 25: Looking ahead

    Looking ahead DRDGOLD Results for the year ended 30 June 2026 24

  26. Slide 26: Outlook

    Outlook FY2027 guidance Outlook • Completion of DP2 Plant expansion by Q1 FY2027 Achieve a gold production @ cash All-in sustaining Planned capital • Completion of the RTSF for beneficial occupation of between operating cost costs of investment 160 000oz and of R1 099 000/kg of R1 230 000/kg R3 bill

  27. Slide 27: Contact us

    Contact us Niël Pretorius Investor and media relations Registered office Shareholder data Chief Executive Officer Constantia Office Park (Incorporated in the Email: DRDGOLD_Communications Cnr 14th Avenue and Republic of South Africa) Henriette Hooijer @thirdactconsultants.com Hendrik Potgieter Road

Drdgold — FY2026 Earnings Presentation on 6ix