Slide 1: Q3 2025 Quarterly Sustainability Update
Q3 2025 Quarterly Sustainability Update 28 October 2025 syrahresources.com.au www.syrahresources.com.au Syrah Resources | ASX:SYR
Slide 2: Contents Page
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE CONTENTS HOME 2 Contents Page SECTION PAGE Introduction 3 Sustainability Strategy 6 ESG Profile 7 ESG Dashboard 8 Q3 Sustainability Highlights 9 Health and Safety 10 Environment 17 Community and Stakeholders 26 People 33 Governance 41
Slide 3: Important notice and disclaimer
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE INTRODUCTION HOME 3 Important notice and disclaimer Investor Relations This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, Viren Hira invitation, solicitation or recommendation
Slide 4: Abbreviations and acronyms
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE INTRODUCTION HOME 4 Abbreviations and acronyms Acronym Definition Acronym Definition AAM Active Anode Material IRMA Initiative for Responsible Mining Assurance AASB Australian Accounting Standards Board ISO International Organization for Standardisation ADHD A
Slide 5: Our Operations
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE INTRODUCTION HOME 5 Our Operations Syrah’s vertically integrated operations are strategically positioned to supply into increasing global demand for natural graphite and active anode material products. Vidalia, Louisiana, USA Balama, Cabo Delgado Province, Moz
Slide 6: Syrah's Sustainability Strategy
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE SUSTAINABILITY STRATEGY HOME 6 Syrah’s Sustainability Strategy
Slide 7: Syrah's Positive ESG Profile
Q3 Q2 2025 QUARTERLY SUSTAINABILITY UPDATE ESG PROFILE HOME 7 Syrah’s Positive ESG Profile Strong ESG Performance Best practice sustainability Low carbon footprint Auditable back to source frameworks ✓ Independent life cycle assessment ✓ Fully integrated from mine to ✓ Initiative for Responsible Min
Slide 8: Q3 2025 ESG Dashboard
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE ESG DASHBOARD HOME 8 Q3 2025 ESG Dashboard Group Safety and Environment Performance 1.1 TRIFR 1.7 AIFR 0 Workplace fatalities to date 1,245 105 0 Number of days Number of days Environmental since a Lost Time since a Lost Time Incidents in Injury at Vidalia Inj
Slide 9: Q3 Sustainability Highlights
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE Q3 SUSTAINABILITY HIGHLIGHTS HOME 9 Q3 Sustainability Highlights ✓ Group TRIFR is 1.1 and Group AIFR is 1.7 at quarter end. ✓ Maintained strong security controls at Balama in response to insurgent activity in Cabo Delgado Province, ensuring the safety of perso
Slide 10: Health and Safety
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE HEALTH AND SAFETY HOME 10 Health and Safety Lock Out Tag Out Procedure Balama Graphite Operation
Slide 11: Q3 Health and Safety Highlights
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE HEALTH AND SAFETY HOME 11 Q3 Health and Safety Highlights Whole-of-business approach to maintaining a strong health and safety culture Leading Practice Standards Training Compliance Malaria Mitigation Strategy Emergency Response ISO 45001 Occupational Health a
Slide 12: Group Health and Safety
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE HEALTH AND SAFETY HOME 12 Group Health and Safety Ongoing focus on in-field visible leadership safety interactions to drive a strong safety culture 1,245 105 Number of days Number of days since a Lost Time since a Lost Time Injury at Vidalia Injury at Balama(1
Slide 13: Health and Safety at Balama
SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY SYRAH RESOURCES QUARTERLY SUSTAINABILITY SUSTAINABILITY REPORT UPDATE QUARTERLY 2025 2025 Q2 Q2 HEALTH AND SAFETY HOME 13 Health and Safety at Balama Strengthening Emergency Preparedness and Capability To maintain operational readiness, the Emergency
Slide 14: Minimum Standards
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE HEALTH AND SAFETY HOME 14 Health and Safety at Balama Robust Critical Risk Management Framework embedded across site, aligned with leading practice sustainability standards Critical Risk Management Standards at Balama Vehicles and Energisation and De- Dangerou
Slide 15: Health and Safety at Balama: Malaria Control
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE HEALTH AND SAFETY HOME 15 Health and Safety at Balama: Malaria Control The Malaria Control Program at Balama is structured around five core pillars, each focused on practical, proactive measures to reduce malaria transmission and safeguard the health of our wo
Slide 16: Health and Safety at Vidalia
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE HEALTH AND SAFETY HOME 16 Health and Safety at Vidalia Training and continuous improvement initiatives are key to operating safely at Syrah Strong focus on safety initiatives continued during the quarter: Hazard Identification Refresher Training Job Safety, Co
Slide 17: Environment
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE ENVIRONMENT HOME 17 Environment Water Monitoring Balama Graphite Operation
Slide 18: Q3 Environment Highlights
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE ENVIRONMENT HOME 18 Q3 Environment Highlights Leading practice environmental standards maintained across our operations Environmental Management Water Management Tailings Management Waste Management ISO 14001 Environmental Management Continued focus on reducin
Slide 19: Balama Emissions and Air Quality
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE ENVIRONMENT HOME 19 Balama Emissions and Air Quality Greenhouse gas emissions and air quality monitored closely Syrah maintains a rigorous Air Quality Management Program at Balama as part of its Environmental & Social Management Plan, which has been establishe
Slide 20: Life Cycle Assessment
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE ENVIRONMENT HOME 20 Life Cycle Assessment Life cycle assessment of Syrah’s operations confirms a strong position relative to other suppliers of natural graphite and active anode materials Global Warming Potential (kg CO2 eqv./kg product)(1) Life Cycle Assessme
Slide 21: Balama Solar and Battery Hybrid System
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE ENVIRONMENT HOME 21 Balama Solar and Battery Hybrid System Solar and Battery Hybrid System reduces GHG emissions at Balama Balama’s Solar and Battery Hybrid System remains central to advancing Syrah’s ESG strategy ✓ Syrah has constructed, commissioned and cont
Slide 22: Water Management at Balama
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE ENVIRONMENT HOME 22 Water Management at Balama Water management closely monitored at the BGO Balama Chipembe Dam Withdrawal vs Licensed Volumes (ML) Cumulative Water Withdrawal - Chipembe Dam Licensed 2,500 Actual Volume % of Licensed Period Withdrawal Volume
Slide 23: Water Management at Balama
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE ENVIRONMENT HOME 23 Water Management at Balama Water management closely monitored at the BGO Water Usage(1) 300 100% 250 80% % Recycled Water Consumption (ML) Oct-24 Nov-24Dec-24 Jan-25 Feb-25 Mar-25 Apr-25May-25Jun-25 Jul-25 Aug-25Sep-25 YTD 200 60% ML Total
Slide 24: Waste Management at Balama
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE ENVIRONMENT HOME 24 Waste Management at Balama Responsible waste management is a core element of Syrah’s ESG strategy (1) Non-Hazardous Waste at Balama (tonnes) Balama - Non-Hazardous Waste Disposal by Method Stored on 200 Recycled Composting Incinerated Total
Slide 25: Environmental Stewardship at Vidalia
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE ENVIRONMENT HOME 25 Environmental Stewardship at Vidalia Environmental stewardship remains a critical focus area
Slide 26: Community and Stakeholders
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE COMMUNITY AND STAKEHOLDERS HOME 26 Community and Stakeholders Farming Beneficiaries of the SIGA Program Balama District
Slide 27: Q3 Community and Stakeholder Highlights
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE COMMUNITY AND STAKEHOLDERS HOME 27 Q3 Community and Stakeholder Highlights Ongoing commitment to partnering with the community and stakeholders for sustainability Local Development Social Responsibility Economic Contribution Stakeholder Engagement Delivering o
Slide 28: Livelihood Development Program
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE COMMUNITY AND STAKEHOLDERS HOME 28 Livelihood Development Program Driving sustainable livelihood development amid ongoing challenges Addressing Community Concerns and Maintaining Open Dialogue ✓ Following resolution of the protest action in May 2025, the Compa
Slide 29: Community Development
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE COMMUNITY AND STAKEHOLDERS HOME 29 Community Development Our commitment to the sustainable development of host communities Through the Local Development Agreement and the Local Development Committee, comprising Company, government, and community representative
Slide 30: Stakeholder Engagement in Balama
SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY SYRAH RESOURCES QUARTERLY SUSTAINABILITY SUSTAINABILITY REPORT UPDATE QUARTERLY 2025 2025 Q2 Q2 COMMUNITY AND STAKEHOLDERS HOME 30 Stakeholder Engagement in Balama Strengthening relationships with state and federal stakeholders Civil Society Engagemen
Slide 31: Local Community Engagement at Vidalia
SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY SYRAH RESOURCES QUARTERLY SUSTAINABILITY SUSTAINABILITY REPORT UPDATE QUARTERLY 2025 2025 Q2 Q2 COMMUNITY AND STAKEHOLDERS HOME 31 Local Community Engagement at Vidalia Strengthening relationships within the Vidalia local community “Power to the Futur
Slide 32: Stakeholder Engagement in Vidalia
SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY SYRAH RESOURCES QUARTERLY SUSTAINABILITY SUSTAINABILITY REPORT UPDATE QUARTERLY 2025 2025 Q2 Q2 COMMUNITY AND STAKEHOLDERS HOME 32 Stakeholder Engagement in Vidalia Strengthening relationships with state and federal stakeholders Engagement with U.S. C
Slide 33: People
33 SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY SYRAH RESOURCES QUARTERLY SUSTAINABILITY SUSTAINABILITY REPORT UPDATE QUARTERLY 2025 2025 Q2 Q2 PEOPLE HOME 33 People Forklift Operator Balama Graphite Operation Q2 20 23 Quarterly Susta inability Update 33
Slide 34: Q3 People Highlights
SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY QUARTERLY SUSTAINABILITY REPORT UPDATE 2025 Q2 PEOPLE HOME 34 Q3 People Highlights Syrah supports and empowers its people to reach their full potential Diversity and Inclusion Employee Engagement Local Employment Learning and Development Committed to
Slide 35: Wellness Program at Balama
SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY SYRAH RESOURCES QUARTERLY SUSTAINABILITY SUSTAINABILITY REPORT UPDATE QUARTERLY 2025 2025 Q2 Q2 PEOPLE HOME 35 Wellness Program at Balama Promoting good health and wellness through awareness initiatives Wellness initiatives at Balama and Maputo Corpor
Slide 36: People Engagement Initiatives across Syrah
SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY SYRAH RESOURCES QUARTERLY SUSTAINABILITY SUSTAINABILITY REPORT UPDATE QUARTERLY 2025 2025 Q2 Q2 PEOPLE HOME 36 People Engagement Initiatives across Syrah Implementing actions from employee feedback programs Building Awareness on Mpox Transmission and
Slide 37: Syrah Group People Overview
SYRAH RESOURCES SUSTAINABILITY QUARTERLY Q3 2025 QUARTERLY REPORT UPDATE SUSTAINABILITY 2025 Q2 PEOPLE HOME 37 Syrah Group People Overview Key Workforce Indicators: Gender and Retention Gender Diversity ACTUAL TARGET(1) Business Area Description as at 30 Sep 2025 By 2028 2025 Representation of women
Slide 38: People Key Insights: Vidalia
SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY SYRAH RESOURCES QUARTERLY SUSTAINABILITY SUSTAINABILITY REPORT UPDATE QUARTERLY 2025 2025 Q2 Q2 PEOPLE HOME 38 People Key Insights: Vidalia Ongoing focus on strengthening local employment and diversity of the workforce Diversity and development of the
Slide 39: People Key Insights: Mozambique
SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY SYRAH RESOURCES QUARTERLY SUSTAINABILITY SUSTAINABILITY REPORT UPDATE QUARTERLY 2025 2025 Q2 Q2 PEOPLE HOME 39 People Key Insights: Mozambique Ongoing focus on strengthening local employment and diversity of the workforce Diversity and development of
Slide 40: People Key Insights: Balama
SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY SYRAH RESOURCES QUARTERLY SUSTAINABILITY SUSTAINABILITY REPORT UPDATE QUARTERLY 2025 2025 Q2 Q2 PEOPLE HOME 40 The Internal Union Committee formally established at Twigg in 2016 was People Key Insights: Balama with the Company's full support. Fosterin
Slide 41: Governance
SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY SYRAH RESOURCES QUARTERLY SUSTAINABILITY SUSTAINABILITY REPORT UPDATE QUARTERLY 2025 2025 Q2 Q2 GOVERNANCE HOME 41 Governance Vidalia AAM Facility Vidalia, Louisiana
Slide 42: Balama Maintains IRMA
Q3 2025 QUARTERLY SUSTAINABILITY UPDATE GOVERNANCE HOME 42 Balama Maintains IRMA 50 Balama is the first graphite operation globally to complete an IRMA assessment and attain an IRMA achievement level As part of the audit, Balama was evaluated against 40 Critical Requirements 26(1) chapters and over
Slide 43: Human Rights and Modern Slavery Risk Management
SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY SYRAH RESOURCES QUARTERLY SUSTAINABILITY SUSTAINABILITY REPORT UPDATE QUARTERLY 2025 2025 Q2 Q2 GOVERNANCE HOME 43 Human Rights and Modern Slavery Risk Management Syrah commits to further identifying, mitigating and addressing its human rights and mod
Slide 44: Tailings Management
SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY SYRAH RESOURCES QUARTERLY SUSTAINABILITY SUSTAINABILITY REPORT UPDATE QUARTERLY 2025 2025 Q2 Q2 GOVERNANCE HOME 44 Tailings Management Syrah is committed to best practice ESG and waste management standards Syrah’s Tailings Storage Facility Management
Slide 45: Climate Reporting
SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY SYRAH RESOURCES QUARTERLY SUSTAINABILITY SUSTAINABILITY REPORT UPDATE QUARTERLY 2025 2025 Q2 Q2 GOVERNANCE HOME 45 Climate Reporting Foundations for AASB S2 Climate Disclosure Readiness Background Syrah is progressing work to align with the Australian
Slide 46: All Quarterly Sustainability Updates can be found here
SYRAH RESOURCES SUSTAINABILITY Q3 2025 QUARTERLY SYRAH RESOURCES QUARTERLY SUSTAINABILITY SUSTAINABILITY REPORTUPDATE QUARTERLY 2025 2025 Q2 Q2 HOME 46 All Quarterly Sustainability Updates can be found here: https://www.syrahresources.com.au/Sustainability/reports