Tivan Limited · ASX:TVN
Tivan — Investor Presentation (May 2026)
26 slides from Tivan's investor presentation, May 1, 2026
Slide 1: Online Investor Briefing Link
1 May 2026 Online Investor Briefing Link The Board of Tivan Limited (ASX: TVN) (“Tivan” or the “Company”) is pleased to advise that Executive Chairman, Mr Grant Wilson, will host an online briefing session today, Friday 1 May, to provide an update on Tivan’s projects, following the Company deliverin
Slide 2: Investor Briefing 1 May 2026
personal use only — Fo a critical minerals company Investor Briefing 1 May 2026
Slide 3: Tivan: High impact decisions, high velocity execution
Tivan: High impact decisions, high velocity execution For personal use only Figure 1: Tivan's progress in 2026
Slide 4: Speewah Fluorite Project
Speewah Fluorite Project ——
Slide 5: Tivan: Feasibility Study milestone achieved with trusted partners
Tivan: Feasibility Study milestone achieved with trusted partners • Strategically significant project (Federal Major Project) aligned with Australia’s Critical For personal use only Minerals Strategy and supporting mission-critical Asian supply chains. • Landmark JV with Sumitomo Corporation and Jap
Slide 6: Tivan: Speewah Fluorite Project - pathway to FID
Tivan: Speewah Fluorite Project - pathway to FID • Parallel workstreams For personal use only advancing toward DFS and FID, maintaining development momentum. • Pre-FID early works - includes award of early subcontracts and long lead equipment. • Environmental approvals pathways and ILUA’s progressin
Slide 7: Molyhil Tungsten Project
For personal use only
Slide 8: Molyhil Tungsten Project: Massive valuation uplift
Molyhil Tungsten Project: Massive valuation uplift • Compelling base case economics, For personal use only with strong NPV, IRR and rapid payback. • Low capital intensity (~A$187.4M pre- production capital expenditure), supporting project financing and development. • Pre-tax NPV approaches A$2 billi
Slide 9: Molyhil Tungsten Project: Historical testwork supports fast-track
Molyhil Tungsten Project: Historical testwork supports fast-track • Brownfield project with prior mining history, underpinned by an extensive technical dataset. For personal use only • More than 20 years of metallurgical testwork, completed across multiple programs and laboratories. • Comprehensive
Slide 10: Molyhil: Fast-track project schedule established to FID
Molyhil: Fast-track project schedule established to FID • Structured development For personal use only pathway progressing toward FID in 2027, aligned across study, approvals and commercial workstreams. • Joint venture pathway progressing alongside technical workstreams. • First production targeted
Slide 11: Molyhil: Resource extension drilling has commenced
Molyhil: Resource extension drilling has commenced • Phase 1 Extension drilling program commenced, targeting resource growth and For personal use only mine life expansion. Reporting by June. • Geophysics programs underway, refining targets. • Phase 2 drilling scheduled for Q3 2026, progressing both
Slide 12: Timor-Leste
For personal use only 11
Slide 13: Turiscai, Baucau & Ossu: Singular, integrated opportunity in Timor-Leste
Turiscai, Baucau & Ossu: Singular, integrated opportunity in Timor-Leste • Combined ~633km2 in mineral exploration licences, with Baucau and For personal use only Ossu acquisition completed. • High-grade gold and copper results returned across multiple areas, supporting maiden drilling in 2027. • Ac
Slide 14: Corporate
For personal use only
Slide 15: Tivan: Capital discipline + productivity = shareholder value creation
Tivan: Capital discipline + productivity = shareholder value creation • Tivan has a highly unusual register, owing to 249d legacy (high proportion of retail investors) & strong participation of global For personal use only hedge fund • Tivan has on issue three classes of listed options with 12c, 20c
Slide 16: Tivan: AMA - Speewah
Tivan: AMA Speewah For personal use only Can you outline the key priorities over the next 6 months as Speewah moves toward FID and construction readiness? How advanced is planning for the construction camp and early site infrastructure? When do you expect to begin onboarding core operational personn
Slide 17: Tivan: AMA - Molyhil
Tivan: AMA Molyhil For personal use only Following the Molyhil Scoping Study, does the company have a clear roadmap toward a project-level JV? Would you expect JV terms to be better now in terms of equity retained by Tivan? Propunter2 How has the dialogue been with potential strategic partners, and
Slide 18: Tivan: AMA - Central Australia
Tivan: AMA Central Australia For personal use only What is Tivan’s current view on the potential for a district-scale polymetallic system in the Arunta region? Geologically, could such a system extend from Bonya in the east through to Nolans Project in the west? Given Daly Resources holds ground adj
Slide 19: Tivan: AMA - Corporate
Tivan: AMA Corporate Could you provide some context around the recent share sales by KRR? James For personal use only With the $0.30 options expiring in June 2026, can you provide any insight into the likely intentions of Top 20 shareholders regarding exercise? T66 Would love to know your thoughts o
Slide 20: Reliance and Forward Looking Statements
Reliance and Forward Looking Statements In all cases, this presentation is provided on the basis that the recipient will conduct their own investigation and analysis of the information set forth in this presentation independently and without reliance on Tivan or any of its respective affiliates, age
Slide 21: Competent Person's Statement
Competent Person’s Statement Exploration Results Tivan’s exploration activities are being overseen by Mr Stephen Walsh (BSc). The information that relates to exploration results in this report is based on and fairly represents information and supporting documentation prepared and compiled by Mr Wals
Slide 22: Competent Person's Statement cont.
Competent Person’s Statement cont. Mineral Resources Speewah Fluorite Project Mineral Resource (2024) The information in this report related to the Speewah Fluorite Mineral Resource estimate is extracted from an ASX announcement entitled “Tivan Upgrades Resource Estimate - Speewah Fluorite Project”
Slide 23: Mineral Resources: Speewah Fluorite Mineral Resource (2024)
Mineral Resources Speewah Fluorite Mineral Resource (2024) The Speewah Fluorite Mineral Resource estimate (JORC Code 2012) set out below in Table 1 was released in an ASX Announcement entitled “Tivan Upgrades Resource Estimate - Speewah Fluorite Project” on 22 April 2024. The Mineral Resource estima
Slide 24: Mineral Resources cont.: Speewah Fluorite Update (2026)
Mineral Resources cont. Speewah Fluorite Mineral Resource Update (2026) The Speewah Fluorite Mineral Resource estimate update (JORC Code 2012) set out below in Table 2 was released in an ASX Announcement entitled “Tivan upgrades Mineral Resource Estimate for Speewah Fluorite” on 4 February 2026. The
Slide 25: Mineral Resources cont.: Molyhil Mineral Resource
Mineral Resources cont. Molyhil Mineral Resource The Molyhil Mineral Resource estimate (JORC Code 2012) set out below in Table 3 was detailed in an ASX Announcement entitled “Tivan acquires 100% of the Molyhil Project” on 16 September 2025. For personal use only In May 2024, Investigator Silver Limi
Slide 26: Registered Office / Contact
For personal use only Registered Office Level 1, 16 Bennett Street, Darwin City the Northern Territory, 0800 Contact +61 8 9327 0900 engagement@tivan.com.au Tivan Limited ABN 12 000 817 023 ASX Code: TVN tivan.com.au TIV154