Aura Minerals Inc. · NASDAQ:AUGO
Aura Minerals — Q1 2026 Earnings Presentation
16 slides from Aura Minerals's earnings presentation, May 7, 2026
Slide 1: First Quarter 2026 Presentation of Financial Results
First Quarter 2026 Presentation of Financial Results May 7, 2026 Find, mine and deliver the planet's most important and essential minerals that enable the world and humankind to create, innovate, and prosper. May 2026
Slide 2: Forward-Looking Information
Forward-Looking Information This presentation contains “forward-looking information” and “forward-looking statements”, as defined in applicable securities laws (collectively, “forward- looking statements”) including the Private Securities Litigation Reform Act of 1995 which include, but are not limi
Slide 3: Operational Performance and Highlights
Operational Performance and Highlights First Quarter 2026 Results
Slide 4: Executive Summary – Q1 2026 Highlights
Executive Summary – Q1 2026 Highlights • Record Quarterly Production: 82.1k gold equivalent ounces (GEO), above previous quarter and up 37% YoY at current metal prices. • Record Net Revenues: Q1 reached US$383 M, up 19% QoQ and up 136% YoY, driven by higher gold prices and production; Borborema/MSG
Slide 5: Advancing Safety Culture
Advancing Safety Culture: Just one LTI in the last 21 months across all Aura’s operations and projects Safety of our Employees Aura maintained solid safety performance during the first quarter of 2026, supported by disciplined operations and continuous system improvements. One lost time injury (LTI)
Slide 6: Q1 2026 production reached 82k, on track to achieve 2026 Production Guidance
Q1 2026 production reached 82k, on track to achieve 2026 Production Guidance. Quarterly Production by Aranzazu³: Production decreased 15% QoQ Quarterly Production Business Unit and 16% YoY, mainly due to lower grades 000 GEO¹,² 000 GEO¹,² (copper: 1.45%→1.15%, silver: 21g/t→17g/t, gold: 0.8g/t→0.7g/
Slide 7: Q1 2026 AISC
Q1 2026 AISC • AISC at constant Q1 • AISC at constant Q1 25 prices and ex MSG: 25 prices and ex MSG: $ 1,419 $ 1,512 AISC1 • Aranzazu: AISC was US$ 2,046/GEO, up 18% QoQ US$/GEO2 and 32% YoY, mainly due to lower production from 1,461 1,449 1,521 grades, GEO conversion and negative FX impact 1,396 1,
Slide 8: Era Dorada - Setting a New Standard for Sustainable Mining Worldwide
Era Dorada - Setting a New Standard Era Dorada GUATEMALA for Sustainable Mining Worldwide Jutiapa ~200km Minosa Copan ➢ Feasibility Study published in December/2025 HONDURAS ➢ Full Board approval in April/2026 ➢ Closed water circuit, reusing 100% of the processed water ➢ Approved capex to deliver po
Slide 9: Significant increase in P&P, proving once again our Strategy
Significant increase in P&P, proving once again our Strategy and creating more value to our stakeholders Year over Year: Proven & Probable GEO (koz) 7.223 +110% 753 7.223 0 32 1.752 1.176 4.247 3.438 21 58 216 3.438 462 P&P 2024 F1 2025 Almas Apoena Aranzazu Borborema Era Dorada Matupá Minosa Serra
Slide 10: Aura's ADTV has increased several times in the past few months
Aura’s ADTV has increased several times in the past few months, exceeding USD 120MM so far in April/2026 Average Monthly ADTV USD ('000) 121,396 102,572 98,449 81,142 90,878 72,137 71,532 60,500 39,600 29,708 24,025 20,901 28,590 13,706 20,421 6,943 11,077 11,654 16,505 30,435 30,518 3,636 4,701 26,
Slide 11: Financial Results
Financial Results First Quarter 2026 Results
Slide 12: Adjusted EBITDA reached a new all-time high of US$244 million in Q1 2026
Adjusted EBITDA reached a new all-time high of US$244 million in Q1 2026 with an Adjusted EBITDA Margin of 64%, and Net Debt was US$115 million at the end of Q1 2026 Consolidated Financials – Summary page Net Revenues LTM Adjusted EBITDA1 LTM in US$ million Net Revenue in US$ million Adjusted Ebitda
Slide 13: Adjusted EBITDA of US$244 million, seventh consecutive quarterly record
Adjusted EBITDA of US$244 million, marking the seventh consecutive quarterly record for Aura Adjusted EBITDA1 to Net Income Q1 2026 US$ million • Borborema: 60.9 • Minosa: 58.1 • Almas: 49.7 • Aranzazu: 41.4 • Apoena: 24.3 • MSG: 17.4 • Corporate and projects: (8.0) • Non-cash losses related to gold
Slide 14: Strong cashflow from operations, invested for growth and distributed via dividends
Strong cashflow from operations, invested for growth and distributed to investors via dividends Change in Cash position¹ – Q1 2026 (Managerial view) US$ million Investment for growth Recurring Free Cash Flow (26) +95 2 (20) (42) (52) 244 (4) (33) 384 358 (2) (1) (23) (10) (18) 289 (55) 271 (5) 1 384
Slide 15: Contact
Contact: Investor Relations natasha.utescher@auraminerals.com ri@auraminerals.com www.auraminerals.com
Slide 16: Q&A
Q&A