Pls Group Limited · ASX:PLS
Pls — Macquarie Australia Conference 2026
17 slides from Pls's conference presentation, May 5, 2026
Slide 1: Macquarie Australia Conference 2026
Macquarie Australia Conference 2026 Dale Henderson, Managing Director and CEO 5 May 2026 ASX: PLS
Slide 2: Important notices
Important notices This document has been prepared by PLS Group Limited (“PLS” or the “Group”) and is dated 5 May 2026. Not an offer of securities This document is provided for informational purposes only and does not constitute or contain an offer, invitation, solicitation or recommendation with res
Slide 3: Important notices
Important notices Important Information regarding Mineral Resources, Ore Reserves and production targets Information in this document regarding production targets and expansions in nameplate capacity of the Pilgangoora Operation in respect of the P850 and P1000 operating models and the P2000 expansi
Slide 4: Our Purpose
Our Purpose Vision Mission Powering a sustainable energy future Li Strategic Operate Grow Chemicals Diversify pillars Deliver our Achieve full Extract greater Diversify operating potential of our value along the revenue beyond performance global assets battery materials Pilgangoora commitments suppl
Slide 5: Positioned for value creation through the cycle
Positioned for value creation through the cycle Resilient operations, strategic flexibility and financial strength to navigate market cycles Strategically positioned Exposure to established and ex-China supply chains with flexible operating platform GWANGYANG, SOUTH KOREA POSCO Pilbara Lithium Solut
Slide 6: March Quarter highlights
March Quarter highlights Strong increase in pricing supports cash flow Operations Pricing Revenue Cash 12% vs Dec Q 61% vs Dec Q 52% vs Dec Q 52% vs Dec Q 1 2 3 232.4kt US$1,867/t $567M $1,455M produced SC5.2 Group revenue Cash balance Positioned Ngungaju restart – underway and on schedule for July
Slide 7: Benefitting from structural volatility
Benefitting from structural volatility Value accruing in operators with structural cost advantages, strong balance sheets and disciplined capital allocation 1, 2 1, 3 Revenue 1 Cash margin from Operations Cash ($M) ($M) ($M) 461 1,455 567 373 954 852 251 166 8 Sep Q Dec Q Mar Q 8Q Sep Dec Q Mar Q Se
Slide 8: Positioned for growth
©®PLS Positioned for growth
Slide 9: PLS is one of the world's largest lithium producers
PLS is one of the world’s largest lithium producers Top 3 global primary lithium producer with further production growth potential 300 Global primary lithium production – key peers 300 CY25 Primary production kt LCE, attributable basis1 Colina project4 250 (future) 250 All future production subject
Slide 10: Disciplined capital allocation
Disciplined capital allocation Multi-year infrastructure investment program under evaluation1 Sustain Enhance Grow FY27 capex weighted towards Supports Pilgangoora at Realising value from our mine development P1000 and positions for P2000 growth portfolio Mine Development Access road upgrade P2000 P
Slide 11: P2000 expansion to double production capacity
P2000 expansion to double production capacity Strategically important long term growth optionality • Potential expansion of Pilgangoora Operation production capacity - increase to ~2Mtpa1. • PFS1 demonstrated a highly accretive expansion option. • Feasibility Study outcomes due for release in the De
Slide 12: Long mine life supports further investment
Long mine life supports further investment Multi-year investment under evaluation to improve efficiency and reliability Access road upgrade • Sealed ~24km mine access road. • Supports upgrade to quad road trains and faster road speeds. • Reduces water usage and improves safety. New village • New 800
Slide 13: Phased organic growth opportunities
Phased organic growth opportunities Growth remains disciplined - staged, returns-gated and supported by balance sheet strength Ngungaju Plant restart Colina Project, Brazil • Greenfields development • Restart of ~200ktpa project in Minas Gerais, Ngungaju Plant – first ore Brazil. July 2026. • Feasib
Slide 14: E-mobility demand accelerating globally
E-mobility demand accelerating globally Global growth remains positive as new demand drivers emerge EV sales (M units) — 7x growth since 20201 Heavy duty commercial vehicle sales (k units)1 25 300 20 200 15 10 100 5 0 - 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 1. Benchmark Mineral
Slide 15: Market tightness expected to persist
Market tightness expected to persist Constrained supply, strong demand and energy security support the long-term outlook Lithium demand by end-use (kt LCE)1 Lithium supply and demand forecast (Mt LCE)1 6,000 6.0 Potential supply gap 5,000 5.0 1.4 4,000 4.0 3,000 3.0 1.9 4.9 2,000 2.0 1,000 1.0 1.6 0
Slide 16: Questions
Questions 16
Slide 17: Contacts
Contacts Investor Relations James Fuller Group Manager Investor Relations T: +61 (0) 488 093 763 James.Fuller@pls.com Media Michael Vaughan Fivemark Partners T: +61 (0) 422 602 720 17