Igo Limited · ASX:IGO
Igo — 1Q26 Earnings Presentation
10 slides from Igo's earnings presentation, Oct 30, 2025
Slide 1: 1Q26 Results Presentation
1Q26 Results Presentation IGO Limited IGO Limited | 30 October 2025 Page 1
Slide 2: Results summary
Results summary Production in line with expectations, strong balance sheet maintained Safety Greenbushes Nova Kwinana Financial ▪ Focus on safety basics ▪ 57% EBITDA margin ▪ Production and costs in ▪ Production of 2.8kt at ▪ Group underlying and leadership delivering line with remaining life of 46%
Slide 3: Greenbushes
Greenbushes Production in line with expectations, 57% EBITDA margin 100% basis EBITDA margin remains strong at 57% (IGO holds 24.9%) Units 1Q26 4Q25 % change In line with expectations, production impacted by lower ore grade, Spodumene production t 320 340 ▼6% compounded by heavy rain in quarter Spod
Slide 4: Nova
Nova In line with remaining life of mine plan Lower metal production in line with remaining life of mine plan despite Units 1Q26 4Q25 % change operational challenges associated with an end of mine life ore body Nickel production t 3,429 5,107 ▼33% Stope misfire in September expected to have short-te
Slide 5: Lithium downstream
Lithium downstream Production 46% of nameplate capacity, discussion ongoing for optimum pathway for asset 100% basis Production at 46% of nameplate capacity in quarter Units 1Q26 4Q25 % change (IGO holds 49%) Lithium hydroxide production t 2,775 2,126 ▲31% EBITDA loss of $20M in quarter (4Q25: $29M
Slide 6: Financial results
Financial results1 Solid result in challenging market conditions, strong balance sheet • Sales revenue lower due to less copper shipments and lower realised Units 1Q26 4Q25 % change nickel prices from Nova • Underlying EBITDA $19M due to lower contribution from Nova and Sales revenue A$M 105 127 ▼17
Slide 7: Summary
Summary Positive cash flow Nova operating in line with generation and strong remaining life of mine plan balance sheet maintained Safety initiatives delivering Greenbushes production as measurable improvements expected, life of mine including 90+ days injury planning and productivity free improvemen
Slide 8: Cautionary Statements & Disclaimer
Cautionary Statements & Disclaimer • This presentation has been prepared by IGO Limited (“IGO”) (ABN Competent Persons' Statements included in periodic and• Lithium cash costs (production) are reporting inclusive of mining, 46 092 786 304). It should not be considered as an offer or continuous discl
Slide 9: Contact
Contact Investors & Media Philippa Browning Senior Advisor External Affairs & Investor Relations T:+61 8 9238 8300 E: investor.relations@igo.com.au Authorised for release to the ASX by Managing Director and CEO, Ivan Vella
Slide 10: Making a Difference
Making a We believe in a world where people power makes How? Developments in battery storage technology amazing things happen. are enabling the full potential of renewable energy to be realised, by allowing energy produced from the Where technology opens up new horizons and clean sun, wind and other