Podium Minerals Limited · ASX:POD
Podium Minerals — Investor Presentation (August 2026)
30 slides from Podium Minerals's investor presentation, Aug 13, 2026
Slide 1: Phase 3 Optimisation Delivers Step-Change in Concentrator Performance
PODIUM MINERALS LTD PHASE 3 OPTIMISATION DELIVERS STEP- CHANGE IN CONCENTRATOR PERFORMANCE Phased approach driving Parks Reef along development path Advancing Australia’s Premier PGM Project August 2026 | ASX: POD
Slide 2: Important notice
Important notice This Investor Presentation (Presentation) has been prepared by Podium Minerals Limited (ACN 009 July 2022, 29 July 2022, 2 August 2022, 18 August 2022, 6 September 2022, 8 September 2022, 4 200 079) (Company). October 2022, 6 October 2022, 20 October 2022, 31 October 2022, 3 Novembe
Slide 3: Podium Minerals and the Parks Reef PGM Project
Podium Minerals and the Parks Reef PGM Project Rapidly advancing Australia’s premier PGM development Significant 7.6Moz 5E1 PGM Resource on ~15km strike length with NORTH strong growth potential at depth, plus Cu-Au Zone2 enhancing scale and optionality. Optimisation delivers performance step-change
Slide 4: Corporate snapshot: Podium Minerals (ASX:POD)
Corporate snapshot: Podium Minerals (ASX:POD) Unique value proposition and a committed Register Cash and capital structure Share price performance 0.120 Cash (at 30 June 2026) A$5.3 M 0.100 Shares on issue 994 M 0.080 0.060 Listed options on issue (strike @ A$0.06, exp 22 Dec 2026) 309.4 M 0.040 Mar
Slide 5: Industry-leading team with delivery track record
Industry-leading team with delivery track record Powerhouse Board and senior leadership group - with strong shareholder alignment • 35+ years' experience leading listed mining and engineering companies (incl. Cons. Min.) ROD BAXTER Managing Director & CEO • Former Divisional Director at Anglo Americ
Slide 6: Parks Reef is a globally significant PGM deposit
Parks Reef is a globally significant PGM deposit with substantial untapped growth upside at depth
Slide 7: Parks Reef has significant scale and upside
Parks Reef has significant scale and substantial upside at depth Extending across a 15km strike length and delineated JORC Resource to a wide-open depth of only 250m Parks Reef Resource (to 250m depth): Pt Pd Rh Ir Au 5E PGM Cu Ni Co PGM Zone (183Mt Resource1) 3.7Moz 3.2Moz 0.3Moz 0.1Moz 0.4Moz 7.6M
Slide 8: Discrete mineralised zones deliver value-additive levers
Discrete mineralised zones deliver value-additive levers Robust, flexible flowsheet provides potential to optimally process discrete Parks Reef mineralised zones Ore Body Schematic1 Typical mineral distribution profile at Parks Reef (PRRC164) 4.00 0.70 (Cross section West East) COPPER-GOLD ZONE HG
Slide 9: Range Well Ni Project enhances flexibility
Range Well Ni Project enhances flexibility Delivers substantial development flexibility and potential upside optionality Updated MRE for Range Well (March 2026)1 Range Well Nickel Project Range Well Deposit Tonnes Ni Grade Co Grade Cont. Ni Cont. Co (at 0.5% Ni cut-off) (Mt) (% Ni) (% Co) metal (kt)
Slide 10: Process optimisation delivers improved performance
Process optimisation delivers improved performance, progressively de-risking the Parks Reef concentrator
Slide 11: Parks Reef Metallurgical Development Journey
Parks Reef Metallurgical Development Journey Phased approach progressively de-risking the Parks Reef Concentrator Pre-2025 2025 2026 Phase 1 Phase 2 Phase 3 Ongoing Foundation Development1 Breakthrough Concentrator2 Optimise Concentrator3 • Conventional flotation and • Concentrator flowsheet • High-
Slide 12: Phase 3 Metallurgical Program Objectives
Phase 3 Metallurgical Program Objectives Optimise the Concentrator, then validate performance across Target Starter Mine #1 Optimise Concentrator Validate Concentrator • Maximise process recovery and • Demonstrate consistent product grade at low mass pull. performance across Parks • Simplify process
Slide 13: Concentrator Performance Step-change Achieved
Concentrator Performance Step-change Achieved Target PGM recovery is now being delivered through a materially enhanced process architecture Concentrator Optimisation Delivers: Process Schematic: • Flotation Circuit Recovery Improvement1: o 3E recovery increased +31% (from 51% to 67%). Focus for Opti
Slide 14: Flotation Circuit Advancements in Performance
Flotation Circuit Advancements in Performance Flotation performance improved to 67% 3E recovery, a 31% relative improvement from 51% 3E recovery1 Flotation Optimisation Outcomes 80% 70% Target Hanging wall and Footwall – represents realistic Blending / Mining Strategy 60% mining cuts. 3E PGM Recover
Slide 15: PGM Value Recovery Circuit Simpler
PGM Value Recovery Circuit Simpler Flotation tailings treatment targets are achieved in a more efficient plant Selective recovery of key value- Optimised Flotation metals from flotation tailings Flotation Circuit Tailings Improved flotation Key optimisation performance reduces the gains PGM load to
Slide 16: Concentrator Flowsheet Designed to Maximise Value
Concentrator Flowsheet Designed to Maximise Value Concentrator delivers two discrete, marketable high-grade products Block Flow Diagram Optimised – enhancing performance and efficiency Mine to Concentrator Proven and well- established metallurgical processes tailored to Parks Reef Ultra-low ore. chr
Slide 17: Underlying PGM market fundamentals supportive
1. Underlying PGM market fundamentals supportive: o eroding supply, robust demand, and geopolitical competition, are fueling tight markets and ongoing deficits. 2. Sentiment is pricing in negative downside scenarios.
Slide 18: Market is pricing in sentiment and overlooking fundamentals
Market is pricing in sentiment and overlooking the fundamentals Disconnect between current prices and medium-term value Market is pricing in bearish expectations The Fundamentals are Strong and Resilient The Market is Pricing in Negative Sentiment PGM trade flows are shifting, and security of supply
Slide 19: PGM Supply is Constrained and Unable to Respond Quickly
PGM Supply is Constrained and Unable to Respond Quickly Primary Supply is the least responsive building block in the market fundamentals suite Primary supply is declining Producer response muted Recycling cannot fill the gap -700 koz -1.7 Moz up to +1.2 Moz SA supply, last 5 years. Industry’s projec
Slide 20: PGM Demand is Resilient
PGM Demand is Resilient Automotive demand is the dominant driver and remains health Automotive demand Holding Up Industrial Expansion 78% / 39% of Pd and Pt demand. 2.24 Moz, 29% of Pt demand and growing. Automotive demand influenced by rate of drive train transition to EVs: • Drivetrain electrifica
Slide 21: Markets are Tight - Structural Deficits Continue
Markets are Tight - with Structural Deficits Set to Continue 2026F global PGM balance: PGMs are fundamentally undersupplied Deficits forecast to continue • PGM Demand: 20.4 Moz • PGM Supply: 19.4 Moz o Pt: 7.7Moz o Pt: 5.6Moz o Pd: 10.2Moz o Pd demand: 6.3Moz o Other PGMs: 2.4Moz o Other PGMs: 1.9Mo
Slide 22: Sentiment Influencing Current Prices more than Fundamentals
Sentiment Influencing Current Prices more than Fundamentals Prices can react to the upside quickly in a tight market Sources of Sentiment Overhang Prices move fast when sentiment turns Platinum and Palladium Price Performance 1 May 2025 - 7 August Geopolitical conflict 2026 (USD/oz) Risk of energy-l
Slide 23: Systematically advancing Parks Reef towards commercialisation
Systematically advancing Parks Reef towards commercialisation
Slide 24: Current workstreams
Current workstreams Ongoing flow sheet optimisation and validation marks a key milestone on the road to commercialisation Metallurgical Drilling Concentrator Flowsheet Optimisation Diamond drilling to provide sample Program on PGM Zone sulphide feed to deliver process validation, variability testing
Slide 25: The strategy and team to deliver on the Parks Reef opportunity
The strategy and team to deliver on the Parks Reef opportunity Australia’s premier PGM business Existing Scale Growth Upside Advanced Tenure Unlocking Value 7.6Moz 5E in PGM Latent resource Granted Mining Adaptable, de-risked Resource plus extension potential Licences and native flowsheet based on a
Slide 26: Capital Raise
Capital Raise ~$4 million targeted under a Share Fund test work on mineralised zones, Purchase Plan (SPP) mineralogy and sighter tests on deep underwritten by Leeuwin Wealth Pty Ltd hole cores, site works, baseline activities, and general working capital
Slide 27: $4 million Underwritten Share Purchase Plan (SPP)
$4 million Underwritten Share Purchase Plan (SPP) SPP Details Advisor Details Key Terms Details Advisors Details Funds ~$4 million (before costs) Leeuwin Wealth Pty Ltd Joint Lead Managers Cumulus Wealth Pty Ltd Issue price 3.4 cents per share. Underwriter Leeuwin Wealth Pty Ltd • Share Purchase Pla
Slide 28: Use of Funds and Indicative Timetable
Use of Funds and Indicative Timetable Activities Details Amount Continuation of Phase 3 test work on mineralised zones; mineralogy and sighter Metallurgical Testing tests on deep hole cores; fund specialist in-house analytical equipment for Rh $1.200 million and Ir analysis and 5E reporting capabili
Slide 29: Contact Us
CONTACT US Rod Baxter (Managing Director & Chief Executive Officer) Ben Newton (Chief Financial Officer) E info@podiumminerals.com Level 4, 682 Murray St, West Perth, Western Australia 6005 T (+61) 8 9218 8878 W www.podiumminerals.com podium-minerals-limited @PodiumMinerals ACN 009 200 079
Slide 30: Appendix – Parks Reef Mineral Resource Estimate
Appendix – Parks Reef Mineral Resource Estimate Inferred Mineral Resource Estimate PGM Zone Pt Pd Rh Ir Au 5E PGM Cu Ni Co Inferred 183Mt Resource1 Grade 0.62g/t 0.55g/t 0.05g/t 0.02g/t 0.06g/t 1.30g/t 0.06% 0.08% 0.015% Metal 3.7Moz 3.2Moz 0.3Moz 0.1Moz 0.4Moz 7.6Moz 103kt 143kt 27kt Copper-Gold Zo
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