Slide 1: Faster, more accurate gold analysis
Faster, more accurate gold analysis Trading Update 12 August 2025 Dirk Treasure, Managing Director and CEO Brett Coventry, CFO
Slide 2: Important notice
Important notice The material in this presentation has been prepared by Chrysos Corporation Limited (ASX: C79) (“Chrysos” or the “Group") and is general background information about Chrysos’ current activities as at the date of this presentation. The information is given in summary form and does not
Slide 3: Agenda
Agenda FY25 Highlights Chrysos Strategy FY26 Guidance Questions About Chrysos
Slide 4: The Chrysos investment proposition
The Chrysos investment proposition PhotonAssayTM is the mining industry’s most innovative assaying solution Non-discretionary spend Competitive fee-per-sample model for miners Long-term contracts Strong patent protection Lease model provides secure 70-80% gross margin revenue with upside potential D
Slide 5: Financial and operating highlights
Financial and operating highlights FY25 Unaudited Revenue & EBITDA growth reflects growing PhotonAssayTM adoption $66.1m1 $16.1m1 Total Revenue EBITDA • +46% growth on FY24 ($45.4m) • +80% growth on FY24 ($9.0m) • International (non-APAC) revenue accounts for 65% of Total Revenue • Economies of scal
Slide 6: Master Services Agreement (MSA) with Newmont Corporation
Master Services Agreement (MSA) with Newmont Corporation1 Growing Relationship with World’s Biggest Gold Miner; Newmont Newmont Operations & Projects ▪ Newmont is the world’s leading gold mining company with 13 major gold mines Red Chris ▪ Operates African, Australian, LATAM, Caribbean, North Americ
Slide 7: Executing on our global PhotonAssay roll out
Executing on our global PhotonAssayTM roll out Strengthening relationships with key miners and laboratories 40 Units Deployed1 FY25 Activity ▪ Nine new lease agreements in FY25 bringing the total to 59 contracted units, with four additional contracts post-period ▪ 11 units deployed in FY25, bringing
Slide 8: Targeted sales strategy
Targeted sales strategy Volume through units drives gross profit per unit Two-pronged approach Quarterly PhotonAssayTM Samples Analysed Hub & Spoke Deployment Strategy Minesite Deployment Strategy Laboratory Partnerships support adoption Direct to Mine Deployments provide all the by local miners and
Slide 9: Growing PhotonAssay technology adoption
Growing PhotonAssay technology adoption Expanding market penetration and growing engagement with the world’s leading miners Top 20 Gold Producing Companies by 2024 Production Notable adoption milestones and endorsements o May 2025: Newmont Corporation, the world’s leading gold company signs an MSA t
Slide 10: Strategy
HRYSOS PORATION at the speed of light Strategy
Slide 11: The Opportunity
The Opportunity Vision: to become the world’s leading provider of innovative assay services and technologies Total Addressable Market (TAM)1 ▪ Convert gold mining projects in all key mining 700 hubs to PhotonAssayTM 610 Sites 600 ▪ Focus on improved customer outcomes to drive sample volumes 500 ~5%
Slide 12: Chrysos growth strategy
Chrysos growth strategy Disseminated market, now with a presence in every region Percentage of miners within Total Addressable Market 13% 13% ■ Established global footprint for PhotonAssayTM technology supported by major global laboratory partners ■ Bureau Veritas agreement supports Chrysos’ deploym
Slide 13: PhotonAssay XN
PhotonAssayTM XN Same groundbreaking PhotonAssay analysis with even greater efficiency Supply chain Improved Reduced resilience + performance + Maintenance ■ ITK’s first Perth unit has had its automation upgraded demonstrating XN capability ■ First complete XN unit to be deployed to SGS Perth during
Slide 14: PhotonAssay beyond gold
PhotonAssayTM beyond gold Unlocking further market opportunities Core market focus Additional revenue streams Near-term R&D Long-term potential Commercially Available • Other base metals Detectable Elements • Rare earths • Energy metals Increased revenue Increased per sample sample volume Detectable
Slide 15: FY26 Guidance
CHRYSOS CORPORATION Assays at the speed of light CHR COR} FY26 Guidance
Slide 16: FY26 Guidance
FY26 Guidance Forecastable revenue model FY26 Guidance1: ■ FY26 Total Revenue range of $80m to $90m ■ FY26 EBITDA range of $20m to $27m 1. Constant currency assumptions (AUD:USD 0.639 AUD:CAD 0.884, AUD:GBP 0.479 AUD:NZD 1.079) CHRYSOS CORPORATION LIMITED | 16
Slide 17: In summary
In summary Chrysos is well positioned for sustainable growth ■ Achieved robust growth of 46% Revenue1 YoY and 80% EBITDA1 YoY ■ Fulfilled original FY25 Guidance ■ 40 PhotonAssayTM units currently deployed, supporting global market penetration ■ 11 units deployed during FY25 ■ Significant strategic d
Slide 18: About Chrysos
<> }) CHRYSOS CORPORATION ssays at the speed of light RYSOS jotonAssay About Chrysos
Slide 19: Revolutionising the global mining industry
Revolutionising the global mining industry Chrysos is a global provider of novel assay services through its proprietary PhotonAssayTM technology Sample Processed (Half Yearly) Disruptive Minerals Analysis Service and Lease Model with Technology Tier 1 Counterparties 18,000 16,000 Cumulative Sample V
Slide 20: Our commercialisation journey
Our commercialisation journey The outcome of 20+ years of research and development Newmont MSA To use International Prototype Complete JORC and NI43-101 New Customer PhotonAssayTM deployment continues across its 1st PhotonAssayTM Max unit Companies cite PhotonAssayTM Announcements Established Canadi
Slide 21: PhotonAssay technology
PhotonAssayTM technology Efficient, effective and environmentally-friendly minerals analysis Step 1 Step 2 Step 3 The crushed sample Automated high-energy X-ray Automated reporting. (2-3 mm) is loaded into analysis, activates and detects gold atoms jars and scanned into Sample can be retained unit b
Slide 22: Delivering tangible benefits for miners
Delivering tangible benefits for miners PhotonAssayTM enables timely decision making and additional gold recovery The opportunity… PhotonAssayTM is embedded in the mining value chain PhotonAssayTM Value Add ■ Each year global miners are Exploration Fast turnaround for mine estimated to lose >$2.0 bi
Slide 23: Experienced leadership team
Experienced leadership team Supported by a well-respected and tenured board Senior leadership team Board of Directors Dirk Treasure Rob Adamson – appointed June 2016 Kerry Gleeson – appointed July 2021 Founding CEO & Managing Director Founder & Non-Executive Chairman Non-Executive Director • Metallu
Slide 24: Thank you
Thank you For more information, please visit chrysoscorp.com or contact us at investors@chrysoscorp.com