Avenira Limited · ASX:AEV
Avenira — Investor Presentation (August 2026)
28 slides from Avenira's investor presentation, Aug 31, 2026
Slide 1: Investor Update Presentation
For personal use only AVENIRA LIMITED | ASX: AEV Investor Update Presentation August 2026 Three-for-two renounceable rights issue to raise up to $49 million Funding the transition from a permitted project to an operating mine at Wonarah
Slide 2: Disclaimer and forward-looking statements
IMPORTANT NOTICE Disclaimer and forward-looking statements This presentation has been prepared by Avenira Limited (Company). It contains general background information only which is current at the date of this presentation unless otherwise specified. It contains selected summary information and does
Slide 3: Competent Person Statements and Mineral Resource reporting
IMPORTANT NOTICE Competent Person Statements and Mineral Resource reporting Competent Person Statement – Wonarah The information in this report that relates to Mineral Resources is based on information compiled by Mr Jonathon Abbott, a Competent Person who is a Member of the Australian Institute of
Slide 4: Funding the step from permitted project to operating mine
INVESTMENT CASE Funding the step from permitted project to operating mine The $49* million raise closes the gap between approvals already in hand and first revenue from direct shipping ore. For personal use only 1 Permitted 2 Defined path to revenue 3 Resource scale The Mine Management Plan is appro
Slide 5: A three-for-two renounceable offer, open to all eligible holders
THE OFFER A three-for-two renounceable offer, open to all eligible holders Renounceable structure: shareholders who do not take up their entitlement can sell their rights on market rather than be diluted without recourse. For personal use only $49M 0.6c 3 for 2 25% Maximum raised, before costs Offer
Slide 6: 89% of the raise is directed at physical capital works and fleet
USE OF FUNDS 89% of the raise is directed at physical capital works and fleet Indicative allocation on full take-up of entitlements, as disclosed in the Rights Issue announcement. For personal use only Use of funds Amount (A$) % of raise Mining fleet, ancillary equipment and long-lead procurement de
Slide 7: Each funding line maps to a scheduled milestone
USE OF FUNDS Each funding line maps to a scheduled milestone Capital works are already tendered or shortlisted. The raise converts completed procurement into commitments. For personal use only Funding line A$ Details Target Mining fleet, ancillary equipment and OEM tender process complete; long-lead
Slide 8: Offer timetable
THE OFFER Offer timetable Rights trade for sixteen days. The offer closes on Thursday, 10 September 2026 unless extended. For personal use only Event Date A prospectus was lodged with ASIC on Monday, 17 August 2026. Ex-entitlement date; rights trading commences on a deferred settlement basis Wednesd
Slide 9: The raise recapitalises a balance sheet that is now debt free
CAPITAL STRUCTURE The raise recapitalises a balance sheet that is now debt free The MLHK loan facility was repaid in full on 7 July 2026 from the proceeds of the Hebang placement. For personal use only Capital structure As at Amount On full take-up Amount Shares on issue (ASX: AEV) Pre-offer (derive
Slide 10: Hebang: Global Phosphate Strategic
REGISTER Hebang: Global Phosphate Strategic Hebang Biotechnology (Hong Kong) Investment Limited, a wholly owned subsidiary of Sichuan Hebang Biotechnology Corporation Limited (SHSE: For personal use only 603077). Shareholding in Avenira Detail Sichuan Hebang SHSE: 603077 Shares held before the place
Slide 11: Wonarah Phosphate Project
For personal use only SECTION 01 Wonarah Phosphate Project Barkly region, Northern Territory. 100% owned by Avenira. Avenira Limited (ASX: AEV) | Investor Update Presentation | August 2026
Slide 12: A permitted, infrastructure-served project in the Northern Territory
WONARAH PHOSPHATE PROJECT A permitted, infrastructure-served project in the Northern Territory • One of the largest known phosphate deposits in Australia, 100% owned, located between Tennant For personal use only Creek and Mount Isa in the Barkly region. • Mineralisation sits within the Georgina Bas
Slide 13: 533Mt at 21% P₂O₅, with a 66Mt high-grade core at 30% P₂O₅
WONARAH PHOSPHATE PROJECT 533Mt at 21% P₂O₅, with a 66Mt high-grade core at 30% P₂O₅ Wonarah Mineral Resource reported at three cut-off grades. Reported in accordance with the JORC Code (2012). For personal use only Total Mineral Resource at Different Grades Cut-off P₂O₅ Resource category Tonnes (Mt
Slide 14: Approvals are in hand; what remains is construction, procurement and logistics
EXECUTION READINESS Approvals are in hand; what remains is construction, procurement and logistics All Mining, Environmental and Indigenous approvals for the initial DSO development are complete. For personal use only 1 Mine Management Plan approved for initial DSO mining — (approx. 1.3Mt DSO) Why t
Slide 15: Enabling works are tendered and awaiting the balance sheet to commit
EXECUTION READINESS Enabling works are tendered and awaiting the balance sheet to commit Intersection, haul road and camp are the three physical prerequisites to pre-strip. Each has completed its procurement stage. For personal use only 1 2 3 Barkly Highway intersection Haul road Minardji Camp Tende
Slide 16: The mine-to-port chain is contracted to the point of signature
EXECUTION READINESS The mine-to-port chain is contracted to the point of signature Road, rail and port each reached final commercial negotiation during the June quarter, with execution targeted for the September 2026 quarter. For personal use only Leg Route Status at 15 August 2026 Target Wonarah mi
Slide 17: Fleet tendering is complete; the life-of-mine plan is in the model
EXECUTION READINESS Fleet tendering is complete; the life-of-mine plan is in the model The largest single funding line, $15 million, converts a finished OEM tender process into deposits and progress payments. For personal use only Mining fleet and long-lead procurement Studies and financial modellin
Slide 18: 11 senior appointments, each mapped to a workstream
EXECUTION READINESS 11 senior appointments, each mapped to a workstream Recruitment of the senior operational and technical roles required to move Wonarah from study into execution is substantially complete. For personal use only Appointment Period Workstream enabled Maintenance Manager Mar 2026 qtr
Slide 19: Pathway to first DSO shipment — team, heritage and infrastructure
PATHWAY TO PRODUCTION Pathway to first DSO shipment — team, heritage and infrastructure Milestones and decision gates on the current indicative pathway, with status at 30 June 2026 and the period targeted for completion. For personal use only # Milestone Status at 15 August 2026 Target 1 Executive a
Slide 20: Pathway to first DSO shipment — logistics, fleet and mining
PATHWAY TO PRODUCTION Pathway to first DSO shipment — logistics, fleet and mining Pre-strip is targeted to commence in Q4 CY2026, with first direct shipping ore export targeted in H1 CY2027. For personal use only # Milestone Status at 15 August 2026 Target 10 Road haulage contract – execution Shortl
Slide 21: DSO first, with beneficiation and yellow phosphorus as optionality
STRATEGY DSO first, with beneficiation and yellow phosphorus as optionality Three product streams from one orebody* For personal use only STAGE 1 STAGE 2 STAGE 3 Direct Shipping Ore Beneficiated phosphate ore* Yellow phosphorus* • Simple open cut operation producing high-grade • Targeting 2030 for o
Slide 22: Jundee South Gold Project
For personal use only SECTION 02 Jundee South Gold Project Yandal Greenstone Belt, Western Australia. 100% owned by Avenira. Avenira Limited (ASX: AEV) | Investor Update Presentation | August 2026
Slide 23: A drill-ready gold position in a 0+ million ounce belt
JUNDEE SOUTH GOLD PROJECT A drill-ready gold position in a 20+ million ounce belt • The Board has approved a $2.6 million exploration budget covering 16,200m of reverse For personal use only circulation and air core drilling on defined gold targets, plus soil sampling coverage to define new targets.
Slide 24: Board and management
Board and management John He Brett Clark Jason He Chairman and CEO Deputy Chairman Executive Director For personal use only John brings a unique Brett is a senior executive with 30 Jason is the Director of a commercial combination of strategic, years’ experience in the mining and property investment
Slide 25: What an investor should weigh
KEY CONSIDERATIONS What an investor should weigh Matters disclosed by the Company that bear on the offer and the development timetable. For personal use only Timetable is indicative and conditional Procurement Construction agreements are not yet executed Target dates remain subject, as applicable, t
Slide 26: A permitted project and a recruited team, waiting on capital
SUMMARY A permitted project and a recruited team, waiting on capital What the $49* million changes, and what the market should expect to see next. For personal use only What the raise funds What to watch next • $15.0M of mining fleet, ancillary equipment and long-lead deposits, • Offer closes Thursd
Slide 27: Contact
For personal use only Contact Avenira Limited (ASX: AEV) · ABN 48 116 296 541 INVESTOR ENQUIRIES REGISTERED OFFICE LEAD MANAGER Brett Clark, Deputy Chairman U15, 6-10 Douro Place, West Perth, Western Mahe Capital Pty Ltd +61 8 9264 7000 Australia Perth, WA frontdesk@avenira.com Subscribe: info@aveni
Slide 28: Tenement holdings
APPENDIX Tenement holdings Schedule of Avenira Limited tenements as at 30 June 2026. All interests 100%. For personal use only Northern Territory — Wonarah Phosphate Project Western Australia — Jundee South Gold Project Tenement Name Interest Type Count Project areas ML33343 Arruwurra 100% Jundee So