Oceanagold Philippines, Inc. · PSE:OGP
Oceanagold Philippines — FY2024 Earnings Presentation
10 slides from Oceanagold Philippines's earnings presentation, Feb 27, 2025
Slide 1: Fourth Quarter and Full Year 2024 Operating & Financial Results
(Philippines), Inc. Fourth Quarter and Full Year 2024 Operating & Financial Results February 27, 2025 CARE | RESPECT | INTEGRITY | PERFORMANCE | TEAMWORK
Slide 2: Cautionary Statements
Cautionary Statements Cautionary Note Regarding Forward-Looking Statements and Nature of Information in the Presentation This presentation contains statements that reflect the current beliefs and expectations of the Company about the future plans and results of the Company as of the respective dates
Slide 3: 2024 Highlights
2024 Highlights Delivered in-line with our objective to increase and sustain a higher value for OceanaGold shares Stable Winning Culture & Increased Reserves & Generated Strong Investment Production Strong Teams Resources Returns Partner • Achieved copper • Maintained industry • Net increase of Mine
Slide 4: Fourth Quarter Overview
• Fourth Quarter Overview Gold Production: 19,700 ounces ↓ 29% vs Q3 Copper Production: 3,100 tonnes ↓ 9% vs Q3 Cash Cost1: $1,033 per ounce ↑ $209 vs Q3 AISC1: $1,389 per ounce ↑ $286 vs Q3 Declared dividend of Increased Mineral $25.5 M Free Cash $0.01 (₱0.5842) Reserves to 1.23Moz Flow generated w
Slide 5: Financial Highlights
Financial Highlights Capitalizing on high gold prices and enhances ability to invest in growth 2024 Achievements: ▪ Declared total dividend of $69.4M1or $0.03 per share ▪ Revenue of ̴ $343M Unit Q2 '24 Q3 '24 Q4 '24 Quarterly Dividend US$ M 15 31.5 22.9 ▪ Income of ̴ $30M ▪ $109M Free Cash Flow with
Slide 6: 2024 Challenges Being Addressed
2024 Challenges Being Addressed Overview FY 2024 2024 Guidance1 Safety (TRIFR) 1.2 Gold Production koz 97.0 104 - 108 • Breccia stope redesign and resequence provides maximum recovery of high-grade stopes over several years Copper Production kt 12.3 12 - 14 Cash Costs2 $/oz 851 750 - 825 • Additiona
Slide 7: 2024 Reserve & Resource Summary
2024 Reserve & Resource Summary 12% increase in Mineral Reserves for gold1 Proven Probable Proven & Probable Tonnes Contained Tonnes Contained Tonnes Contained Cut-off grade Gold Didipio underground (Mt) 15.0 Au (g/t) 1.40 Ozs (Moz) (Mt) 0.67 14.8 Au (g/t) 0.85 Ozs (Moz) 0.40 (Mt) 29.8 Au (g/t) Ozs
Slide 8: 2025 Guidance
2025 Guidance 20 % Contributors to growth outlook Increased tonnes from underground targeting 2.5Mtpa still 38 the plan. % Average mined grade from UG ore in 2025 impacted by UG 85 - 105 koz GOLD 13 -15 kt COPPER redesign and water impacts $1,150 – 1,250 AISC per ounce $10 - 15M GROWTH CAPITAL Infil
Slide 9: 2025 Priorities
Safe and responsible mining Deliver on guidance Maximize Free Cash Flow1 & maintain a strong balance sheet 2025 Priorities Generate returns to shareholders (Pay dividends to shareholders) Grow reserves and resources Progress optimization study 1. Non-IFRS financial measures. See “Non-IFRS Financial
Slide 10: Contact
Contact: Marjorie Idio Manager, Investor Relations (OGP) Didipio Mine Barangay Didipio, Kasibu Nueva Vizcaya, Philippines +63 78 362 1026 didipiomine.ir@oceanagold.com didipiomine.com.ph
OceanaGold (Philippines) — FY2024 Earnings Presentation on 6ix