Slide 1: Results Presentation, 28 August 2025
For personal use only 28 AUGUST 2025 ASX/TSX: PRU | WWW.PERSEUSMINING.COM
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS COMPETENT PERSON STATEMENT: All production targets referred to in this report are underpinned by estimated Ore Reserves which have been prepared by Competent Persons in accordance with the requirements of the JORC Code. For personal use only The information in this report that
Slide 3: Operating & Financial Results
For personal use only OPERATING & FINANCIAL RESULTS PERSEUS MINING LIMITED PERSEUSMINING.COM 3
Slide 4: Significant Gold Production at Attractive Margins During the Last 4 Years
SIGNIFICANT GOLD PRODUCTION AT ATTRACTIVE MARGINS DURING THE LAST 4 YEARS • Perseus group has averaged 509,000 ounces of gold production at AISC of US$1,048/ounce for the last 4 financial For personal use only years. PERSEUS MINING PERSEUSMINING.COM 4
Slide 5: Delivered on Both Group Production and Cost Guidance
DELIVERED ON BOTH GROUP PRODUCTION AND COST GUIDANCE June 2025 Half Year 2025 Financial Year For personal use only Parameter Units Guidance Actual Guidance Actual Yaouré Gold Mine Production Ounces 120,000 – 135,000 139,081 243,158 – 258,158 262,239 All-in Site Cost USD per ounce $1,215 – $1,315 $1,
Slide 6: Excellent Operating Results for the 2025 Financial Year
EXCELLENT OPERATING RESULTS FOR THE 2025 FINANCIAL YEAR For personal use only GOLD PRODUCED ALL-IN SITE COST AVG GOLD SALE PRICE CASH MARGIN (3) NOTIONAL CASHFLOW(2) NET CASH & BULLION 496,551 oz(1) US$1,235/oz(1) US$2,543/oz US$1,308/oz US$650M US$827M (4) Down 2.6% (2) Up US$182/oz(2) Up US$529/oz
Slide 7: Strong Performance Across Key Financial Metrics
STRONG PERFORMANCE ACROSS KEY FINANCIAL METRICS For personal use only REVENUE PROFIT BEFORE TAX PROFIT AFTER TAX OPERATING CASH FLOW (2) NET TANGIBLE ASSETS FINAL DIVIDEND (3) US$1,248.1M US$564.4M US$421.7M US$536.7M US$1,900.5M 5.0 cents/ps (A$) Up 22%(1) Up 21%(1) Up 16%(1) Up 25%(1) Up 56%(1) (1
Slide 8: Growth in Earnings
GROWTH IN EARNINGS (1) EARNINGS (US$M) For personal use only 740 Revenue EBITDA (2) Gross Profit from US$1,248.1M US$740.3M Operations 625 Up 22% Up 18% US$587.5M 553 588 Up 22% 484 422 409 406 365 321 FY25 Profit Basic Earnings Earnings Per 254 After Tax Per Share (3) Ounce (4) 203 US$421.7M 27.02c
Slide 9: Growth in Cash Flow
GROWTH IN CASH FLOW (1) CASH FLOW FROM OPERATIONS (2) (US$M) For personal use only 600 Operating Cash Flow from Operations 500 US$536.7M (2) Up 25% 400 Operating Cash Flow Per Share 300 39.11cps (3) Up 25% 200 Operating Cash Flow Per Ounce 100 US$1,086 (4) Up 29% 0 FY22 FY23 FY24 FY25 (1) FY25 compa
Slide 10: Growth in Net Tangible Assets
GROWTH IN NET TANGIBLE ASSETS (1) NET CASH POSITION US$ MILLION For personal use only Cash and bullion(2) 827 NO DEBT Total Interest-Bearing Liabilities - US$300M of undrawn capacity Net Cash Position 30 June 2024 827 NET TANGIBLE ASSETS PER TOTAL ASSETS3 NET TANGIBLE ASSETS3 SHARE3 US$2.5B US$1.9B
Slide 11: Capital Management Framework
CAPITAL MANAGEMENT FRAMEWORK TARGETS & PRIORITIES FY25 For personal use only • FY25 generated US$650M in Notional Cash flow RELIABLE AND STRONG OPERATING CASH FLOW • Optimise operating cash flow • Dividends paid to government shareholders US$35.7M • Ensure commitments to all stakeholders are fully f
Slide 12: Capital Returns to Shareholders
CAPITAL RETURNS TO SHAREHOLDERS • Final Dividend of 5 Australian cents per share For personal use only • Full year dividend of 7.5 Australian cents per share • Declaration date: 28 August 2025 • Ex date: 9 September 2025 (Canada 10 September) • Record date: 10 September 2025 • Payment date: 9 Octobe
Slide 13: Sustainability
For personal use only SUSTAINABILITY PERSEUS MINING LIMITED PERSEUSMINING.COM 13
Slide 14: Setting Our Path on Sustainability
SETTING OUR PATH ON SUSTAINABILITY People Environment Community Governance PILLARS and climate and economic and risk For personal use only development Empowering our People Protecting our Environment Creating shared value Leading with integrity FOCUS Fostering a safe, respectful, Responsibly manage
Slide 15: Delivering Measurable Results
DELIVERING MEASURABLE RESULTS ENVIRONMENT COMMUNITY AND GOVERNANCE For personal use only PEOPLE AND CLIMATE ECONOMIC AND RISK DEVELOPMENT Record Safety performance Significant advancements in US$813M distributed to host Refreshed our materiality 43% improvement in TRIFR (0.6) tailings management ali
Slide 16: For personal use only
For personal use only This presentation was authorised for release by Perseus Managing Director and CEO, Jeff Quartermaine ASX/TSX: PRU | WWW.PERSEUSMINING.COM