Slide 1: 4Q25 Results Presentation
4Q25 Results Presentation IGO Limited IGO Limited | 30 July 2025 Page 1
Slide 2: Results summary
Results summary Strong operational quarter, cash generation at Greenbushes and Nova Safety Greenbushes Nova Kwinana Financial ▪ Achieving improvements ▪ Solid production and ▪ Operational ▪ Production for quarter ▪ Group underlying in safety through continuing to generate improvements and work remai
Slide 3: Safety and ESG framework
Safety and ESG framework Improved safety performance over 12 months FY25 safety performance measures Sustained effort, new programs and more visible safety leadership over the year delivering safety improvements Injuries, TRIFR Rate 14 800 Safety performance measures show marked improvement: 12 700
Slide 4: Greenbushes
Greenbushes World class ore body, generating a strong margin 100% basis Stable production and achieved EBITDA margin of 60% for the quarter (IGO holds 24.9%) Units 4Q25 3Q25 % change Mined material trending higher over the year, unusually heavy rain Spodumene production t 340 341 - impacted access t
Slide 5: Nova
Nova Operational improvement initiatives delivering upward trend in production Operational improvements and work to optimise production from ore body at extremities have been implemented over the year Units 4Q25 3Q25 % change Underpins higher production and lower unit costs in June quarter and incre
Slide 6: Lithium downstream
Lithium downstream Operational challenges continue, downstream margins remain under pressure Plant utilisation remains low at 35% of nameplate capacity in the quarter 100% basis Units 4Q25 3Q25 % change Repair of equipment failure in previous quarter, other equipment issues and (IGO holds 49%) downt
Slide 7: Financial results
Financial results1 Solid result in challenging market conditions, strong balance sheet Units 4Q25 3Q25 % change QoQ FY25 Sales revenue A$M 127 111 ▲15% 513 Share of net profit / (loss) of TLEA2 A$M 22 18 ▲21% (561) Underlying EBITDA3 A$M 62 34 ▲83% 14 Underlying free cash flow4 A$M 2 49 ▼95% 49 Cash
Slide 8: Corporate updates
Corporate updates Debt facility Board and capital Forrestania renewal and Exploration management transaction succession framework • Debt facility reduced and • Amended agreement for • Board changes include • Activities focussed on maturity extended ($300M Medallion Metals to acquire reduction in siz
Slide 9: Summary
Summary Greenbushes continues to deliver strong margins, Clear strategy for value optimisation activities delivery and growth in providing scope for further execution upside Operational and safety Nova cash flow generation improvement initiatives expected to end of mine life delivering positive resu
Slide 10: 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 11: 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 12: 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