Kodiak Copper Corp. · TSXV:KDK
Kodiak Copper — Investor Presentation (May 2026)
28 slides from Kodiak Copper's investor presentation, May 2026
Slide 1: Discovering Tomorrow’s Copper & Gold Today
MAY 2026 Discovering Tomorrow’s Copper & Gold Today CRITICAL MINERALS EXPLORATION IN NORTH AMERICA TSX-V: KDK | OTCQX: KDKCF | FSE: 5DD1
Slide 2: Disclaimer
Disclaimer This presentation does not constitute an offer to sell or solicitation of an offer to buy any securities Kodiak. Figures may not sum due to rounding. Decimal figures do not indicate added level of precision. Mt=million tonnes Forward-Looking Statements This presentation contains "forward-
Slide 3: A Powerful Story
A Powerful Story Proven team, Quality projects Copper – critical Strong capital highly focused in world-class mineral with structure and on shareholder jurisdictions supply crunch shareholders returns looming 3 | KODIAKCOPPERCORP.COM
Slide 4: Why Invest in Kodiak Copper Now?
Why Invest in Kodiak Copper Now? ▸ Focused on effective, responsible copper exploration – critical metal for the energy transition and AI, supply deficit looming due to the lack of new discoveries ▸ Management team with strong track record, member of well-respected Discovery Group – founder and chai
Slide 5: Milestones & Catalysts MPD Project
Milestones & Catalysts Q1/27 Updated MRE MPD Project Q3 - Kay Copper Completion From Q3/26 - Exploration Results Q2/26 - Additional Met Results Q2/26 Drill Program Start Q1/26 Drill Targets & Soil Results Q4/25 Initial MRE 5 | KODIAKCOPPERCORP.COM
Slide 6: Kodiak Copper Corp.
Kodiak Copper Corp. As of April 30th, 2026 | all CA$ KDK Ownership Capital Structure Share Price $0.89 10% Konwave Insiders & Management Market Cap $87 M 8% Major Shareholders 31% Shares Outstanding 98.1 M Institutional Options Family Office (avg. exercise price $0.83) 7.5 M 20% Others Warrants (avg
Slide 7: Valuation Gap to More Advanced Peers Shows Potential for Kodiak to Outperform
Valuation Gap to More Advanced Peers Shows Potential for Kodiak to Outperform $1,361 $1,152 $959 MARKET CAP/ VALUATION (millions of dollars) $456 $328 $87 STAGE 2025 INITIAL RESOURCE RESOURCE PEA PEA PEA RESOURCE 7 | KODIAKCOPPERCORP.COM Source: TMX Website – Apr 30, 2026 | *GT Gold (NR-10-03-2021)
Slide 8: Energy Transition, Electrification & AI Drive Copper Demand…
Energy Transition, Electrification & AI Drive Copper Demand… Internal Combustion Engine (ICE) The increasing demand for copper 48LB Cu driven by AI and data centers could contribute an additional 5M mt by 2030, Hybrid Electric Vehicle (HEV) 88LB Cu significantly intensifying the Battery Electric Veh
Slide 9: …But Copper Supply Faces a Crunch
…But Copper Supply Faces a Crunch COPPER SUPPLY/DEMAND – DEFICITS LOOMING ESTIMATE 1,000 MARKET BALANCE (1000T) 0 (1,000) (2,000) (3,000) 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025e 2026f 2027f 2028f 2029f 2030f 2031f 2032f 2033f 2034f 2035f 9 | KODIAKCOPPERCORP.COM Source: S&P Global Ja
Slide 10: …Due to the Lack of New Discoveries
…Due to the Lack of New Discoveries Total Volume of Discovered Copper (mt) Number of Discoveries (>0.5mt) 1990-99 705.3 116 2000-09 487.1 101 2010-19 163.3 35 2020-24 8.8 6 Source: S&P Capital IQ Dec 2025 10 | KODIAKCOPPERCORP.COM
Slide 11: Track Record of Discovery & Shareholder Return
Track Record of Discovery & Shareholder Return CHAIRMAN PRESIDENT & CEO, DIRECTOR ADVISOR Christopher Taylor M.Sc. Claudia Tornquist M.Eng, MBA John Robins B.Sc. Mining entrepreneur and founder of Kodiak Copper. With Formerly GM at Rio Tinto working with Rio Tinto’s copper An award-winning prospecto
Slide 12: Board, Advisors, Management (cont’d)
Board, Advisors, Management (cont’d) Board Members & Advisors Management Steven Krause, CPA, CA, ICD.D - Independent Director Dave Skelton, B.Sc., P.Geo. - VP Exploration CFO of Viva Gold Corp and former CFO of Bear Creek Mining. Former chairman of Luna 35+ years of a diverse background from explora
Slide 13: Discovery Group alliance of public companies
@ AQUL-TAINE METALS A) CopperEx DISCOVERY" EXPLORE - DISCOVER - DEVELOP An alliance of public companies, individually managed and focused on the advancement of global mineral exploration and mining projects, with a proven track record of generating shareholder value. MEMBERS BENEFIT FROM: © Integral
Slide 14: MPD Copper-Gold Porphyry Project
MPD Copper-Gold Porphyry Project LOCATED IN WORLD-CLASS MINING DISTRICT IN BRITISH COLUMBIA ▸ Large, 100% owned land package in Southern British Columbia ▸ Established mining region with excellent infrastructure ▸ Proven, mineral producing belt in the Quesnel terrane with copper mines nearby, some w
Slide 15: Excellent Accessibility and Infrastructure
Excellent Accessibility and Infrastructure Minimizes Exploration Cost and Enhances Future Economic Potential of MPD ▸ Year-round accessibility from paved highways – Hwy 97C & 5A ▸ Active logging area, network of existing roads on property ▸ Local workforce and services in nearby towns of Merritt and
Slide 16: MPD Project Consolidated from Multiple Properties to Create District-Scale Opportunity
2018 – 76km² MPD Project Consolidated from 2020 – +19km² 2021 – +44km² Multiple Properties to Create KETCHAN 266m@ 0.26% Cu & 0.11 g/t Au 2023 – +78km² 2024 – +113km² District-Scale Opportunity with Incl. 78m @ 0.50% Cu & 0.15 g/t Au 2025 – +27km² Drill Collars Critical Mass Total – 357km² DILLARD 1
Slide 17: Systematic Exploration to Unlock MPD’s Potential
Systematic Exploration to Unlock MPD’s Potential – ~90,000m of Drilling, Met Testing and Initial MRE Kodiak acquires Significant high- Discovery of Expansion of near- Large drill program MPD Project grade discovery at mineralized trend at surface, high-grade aimed at expanding Gate Zone Prime Zone a
Slide 18: Large Porphyry District with Multiple Mineralized Zones
Large Porphyry District with Multiple Mineralized Zones: GATE POTENTIAL FOR MAJOR COPPER-GOLD MINE KETCHAN DILLARD Seven substantial deposits of copper-gold mineralization outlined to date: Gate, Ketchan, Dillard, Man, West, Adit & South MAN Significant high-grade Mineralization from surface ADIT mi
Slide 19: Metallurgical Testing Confirms Simple, Favorable Metallurgy & De-Risks Project
Metallurgical Testing Confirms Simple, Favorable Metallurgy & De-Risks Project ▸ Testwork confirms that MPD mineralization is amenable to conventional flotation processing ▸ Potential for high-quality, high-grade, saleable copper concentrate with significant gold content ▸ Concentrate exceeding 26%
Slide 20: Initial Mineral Resource Estimate Underscores MPD’s Scale & Potential
Initial Mineral Resource Estimate Underscores MPD’s Scale & Potential 82.9 Mt 356 Mt @ 0.39% CuEq @ 0.32% CuEq Foundation For Future Economic INDICATED INFERRED Development ▸ Large, open-pit copper-gold resource, comprised of seven deposits ▸ All deposits open for expansion, most in multiple directi
Slide 21: MPD Initial Mineral Resource Estimate
MPD Initial Mineral Resource Estimate MPD Initial Mineral Resource Estimate 519 Mlbs Resource CU INDICATED Zone Tonnes Average Grade Metal Content Category Cu Au Ag CuEq Cu Au Ag CuEq (Mt) (%) (g/t) (g/t) (%) (Mlbs) (Moz) (Moz) (Mlbs) Gate Indicated 56.4 0.31 0.14 1.18 0.42 385 0.25 2.14 522 West In
Slide 22: Cut-Off Grade Sensitivity Scenarios Illustrate Potential for Future Resource Growth
Cut-Off Grade Sensitivity Scenarios Illustrate Potential for Future Resource Growth ▸ Initial resource estimate based on conservative 0.2% CuEq cut-off grade ▸ Sensitivity cases using lower cut-off grades typical of producing mines in the region considerably increase tonnages and in-situ metal conte
Slide 23: Significant Potential For Resource Growth
Significant Potential For Resource Growth – Continued Drilling in 2026 to Expand the Resource ▸ All deposits of initial MRE are still open, expansion Adit potential within and beyond the pit shells ▸ Opportunity to drive significant resource growth with continued drilling ▸ 2026 drill program will t
Slide 24: Exploration Upside and Potential for More Discoveries
Exploration Upside and Potential for More Discoveries Discovery potential across entire 357km2 MPD property, highly prospective ~36 additional target identified Ongoing exploration and to date – significant potential for advancement of targets in more discoveries addition to resource work Using lead
Slide 25: ESG Plays a Key Role in Value Creation
ESG Plays a Key Role in Value Creation ENVIRONMENTAL STEWARDSHIP ▸ Environmental & Wildlife Program includes migratory/nesting bird & Species at Risk surveys, invasive species surveys and wildlife observations ▸ Water protection measures and baseline water quality sampling and flow rate measurements
Slide 26: Kay Copper – A new US copper exploration company created by Teck and Kodiak
Kay Copper – A new US copper exploration company created by Teck and Kodiak ▪ Kodiak’s Mohave and Teck’s Copper Hill projects being vended into new company, Kay Copper ▪ Will unlock the projects’ value for shareholders that is not currently being recognized ▪ Arizona – premier jurisdiction, conduciv
Slide 27: Kay Copper is Well-positioned to Re-rate Significantly
Kay Copper is Well-positioned to Re-rate Significantly ▪ Well placed for material share price increase – Company Market Cap (C$m) Location Project(s) Stage pro-forma market cap of ~ $18m, peer companies Kay Copper Pro-Forma 17.6 Arizona Copper Hill, Mohave Drilling trading much higher Idex Metals 23
Slide 28: Contact Information
TSX-V: KDK | OTCQX: KDKCF | FSE: 5DD1 Contact Information Phone: +1 604 646 8362 Email: IR@kodiakcoppercorp.com www.kodiakcoppercorp.com 1020 - 800 West Pender Street, Vancouver, BC, V6C 2V6 Scan for more information 28 | KODIAKCOPPERCORP.COM