Ora Banda Mining Ltd. · ASX:OBM
Ora Banda Mining — Barrenjoey Conference, Hong Kong 2025
27 slides from Ora Banda Mining's conference presentation, Nov 3, 2025
Slide 1: Investor Presentation - Barrenjoey Conference, Hong Kong
For personal use only Investor Presentation Barrenjoey Conference, Hong Kong Luke Creagh Managing Director November 2025 ASX: OBM ORABANDAMINING.COM.AU
Slide 2: Forward looking statements
Forward looking statements IMPORTANT NOTICE AND DISCLAIMER This Presentation dated 3 November 2025 contains summary information about Ora Banda Mining Ltd ABN 69 100 038 266 (Ora Banda Mining or the Company) and its activities based on information available at the time of preparing the Presentation.
Slide 3: We are Ora Banda Mining
We are Ora Banda Mining Sustainably growing gold production to unlock long-term value for all stakeholders DAVYHURST GOLD PROJECT (100% ORA BANDA MINING) For personal use only ► Large land holding with 68 granted tenements over 1,138km2 ► Belt-scale exploration potential with more than 130km of high
Slide 4: Corporate overview
Corporate overview ASX: OBM CAPITAL STRUCTURE BOARD OF DIRECTORS Share Price* A$/share 1.21 Peter Mansell Non-executive Chairman (Corporate Lawyer) For personal use only Shares on issue* million 1,904.0 Luke Creagh Managing Director (Mining Engineer) Performance rights on issue* million 129.8 Alan R
Slide 5: Sustainability at Ora Banda
Sustainability at Ora Banda Sets the foundation on which our future production growth will be built ► 12-month TRIFR: 11.2 and 12-month LTIFR: 0.72 ► Sustainability Committee continues to oversee performance, with Q1 milestones achieved For personal use only ► Environmental Management System includi
Slide 6: Strengthening Balance Sheet underpins Growth
Strengthening Balance Sheet underpins Growth Closing Q1 FY26 cash of $122.7 million, representing $38.5 million increase for the quarter2 $50 million RCF provides over $170 million in liquidity2 180 For personal use only 1 BALANCE SHEET 160 IMPROVED LIQUIDITY POSITION ► $38.5 million cash build afte
Slide 7: FY26 Guidance
3 FY26 Guidance FY26 guidance to deliver record production, cashflow and investment PRODUCTION 180 PRODUCTION AND COST GUIDANCE12 ► Production up ~60% on FY25 targeting 140-155koz* For personal use only 3rd Party Milling ► Includes ~21koz attributable equivalent production from proposed ore sale 160
Slide 8: $73 million Exploration spend to drive growth
3 $73 million Exploration spend to drive growth FY26 drilling program is the biggest in the 130-year history of the Davyhurst goldfield ► FY26 Exploration budget: $73 million, ~329km of drilling For personal use only ► FY26 focus: – Riverina and Sand King - extend mine life laterally and at depth –
Slide 9: Leveraging our organic growth opportunities
Leveraging our organic growth opportunities Riverina and Sand King Underground mines fill the Davyhurst mill with high-grade ore For personal use only ORABANDAMINING.COM.AU 9
Slide 10: FY26 Q1 – Record Quarter
FY26 Q1 – Record Quarter Sand King UG achieved full payback of capital within 12 months of establishing portal2 Q1 KEY ACHIEVEMENTS 35,000 QUARTERLY OUNCE PRODUCTION For personal use only CLOSING RECORD (INCLUDING ATTRIBUTABLE OUNCES) CASH PRODUCTION 32,500 3rd Party Milling Produced Oz A$123 millio
Slide 11: OBM Share Price Performance
OBM Share Price Performance Over 3,800% return since the change in strategy and management team in July 2022 Relative performance of OBM share price, GDX & AUD Gold Price For personal use only Record Quarter & Little Gem Exploration Update 4500% FY25 Guidance 4000% revised 3803% 3500% 3000% 2500% Ri
Slide 12: Operating Performance
Operating Performance Davyhurst improvements take effect and Sand King UG payback achieved within 12 months2 40,000 39,000 SUBSTANTIAL BENEFITS OF SECOND UG MINE BEING REALISED 38,000 For personal use only 37,000 QUARTERLY MINED OUNCES P P P 36,000 Sand King UG Q1 MINED GRADE IN IMPROVED 35,000 Sand
Slide 13: Riverina Underground mine
Riverina Underground mine Resource extension and infill drilling continues to define a robust and continuous system15 ► Surface and underground resource definition and For personal use only extension drilling continues with 88 holes completing over 25,000 metres in FY26 ► The mineralised system cont
Slide 14: Sand King Underground Mine ramped up
Sand King Underground Mine ramped up Drilling expands mining inventory plus 300m step-out returns significant high-grade results12 LONG SECTION VIEW OF SAND KING COMPARING FID CASE TO CURRENT MINE PLAN (LOOKING WEST) ► Extensional and infill resource drilling For personal use only has increased the
Slide 15: Central Davyhurst UG potential at Waihi Trend
Central Davyhurst UG potential at Waihi Trend Outstanding drill results at Waihi accelerate case for third underground mine13 ► Historical Golden Pole Mine (200m West of Waihi) produced 81kt for 77koz (29.7g/t head grade)7, in the circa early 1900s ► Recent drilling intersected both: For personal us
Slide 16: Riverina to Sunraysia Trend
Riverina to Sunraysia Trend Outstanding drill results continue to expand Little Gem mineralisation10,15 ► Phase 3 drilling continues to expand gold mineralisation which now strikes 1,200 metres and 700 metres vertical below surface with mineralisation open in all directions ► Significantly, the rece
Slide 17: Little Gem–Unlocking a potentially large system
Little Gem–Unlocking a potentially large system 10,15 DIAMOND LODE ► Near surface potential is being realised with shallower drilling returning results including 9.0m @ 8.1g/t located 70 metres below surface (mbs) and 15.0m For personal use only @ 4.2g/t (120mbs) ► Currently four lodes have been mod
Slide 18: Round Dam Trend
Round Dam Trend Exploration drilling at Round Dam reveals large-scale system with both open pit and underground potential14 For personal use only ► “Boots-on-the-ground” interpretive work coupled with first stage exploration drilling has unveiled a major new gold system at Round Dam ► Round Dam is a
Slide 19: Round Dam Trend
Round Dam Trend 7km strike mineralisation with significant drill program continuing14 ► 50 holes have been drilled in this program totalling 9,500m, only 15% of a planned 62,000m program consisting of more than 330 holes ► Significantly, hole FNRC25194 returned 8.0m @ 20.6g/t and 8.0m @ 3.0g/t from
Slide 20: Underground potential at the Mulline deposit
Underground potential at the Mulline deposit Underexplored trend over 10 km strike located ~8km west of the Riverina Trend MULLINE LONG SECTION LOOKING WEST: HISTORIC SHALLOW GOLD MINING For personal use only ► Over 10km trend with old open pit mines, numerous surface anomalies & high grades identif
Slide 21: FY26 – A catalyst-rich year ahead
FY26 – A catalyst-rich year ahead ➢ FY26 forecast to increase production by 60% to deliver ~150koz ➢ Production from Riverina and Sand King underground mines removes single asset mining risk → total mined tonnes For personal use only exceeds current mill capacity ➢ Feasibility study commenced to inc
Slide 22: Appendix
Appendix For personal use only ORABANDAMINING.COM.AU 22
Slide 23: Mineral Resource Estimate Statement (2025)
Mineral Resource Estimate Statement (2025)1 MEASURED INDICATED INFERRED TOTAL MATERIAL PROJECT ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000t) (g/t Au) ('000oz.) LIGHTS OF ISRAEL - - 74 4.3 180 4.2 254 4.2 34 MAKAI SHOOT - - 1,985 2.0 153 1.7 2,138 2.0 136 Open Pit - - 2,057 2.3 95 2.0 2,
Slide 24: Ore Reserve Statement (2025)
Ore Reserve Statement (2025)1 For personal use only DAVYHURST GOLD PROJECT ORE RESERVE BY DEPOSIT 1. Notes: 2. The table contains rounding adjustments to reflect accuracy and may not total exactly. PROJECT AREA PROVED PROBABLE TOTAL MATERIAL 3. This Ore Reserve was estimated from practical mining en
Slide 25: ASX Listing Rule 5.23 Statements
ASX Listing Rule 5.23 Statements Mineral Resources and Reserves The information in this Presentation that relates to Mineral Resources and Ore Reserves has been extracted from the Company’s ASX release, ‘Annual Mineral Resource and Ore Reserve Statement’ For personal use only dated 12 September 2025
Slide 26: Endnotes
Endnotes 1. Refer to ASX announcement, ‘Annual Mineral Resource and Ore Reserve Statement’ dated 12 September 2025 2. Refer to ASX announcement, ‘September 2025 Quarterly Activities Report’ dated 22 October 2025 3. Refer to ASX Announcement, “June 2025 Quarterly Activities Report’ dated 29 July 2025
Slide 27: Contact details
Contact details LUKE CREAGH For personal use only Managing Director +61 8 6365 4548 admin@obmltd.com.au ORABANDAMINING.COM.AU
Ora Banda Mining — Barrenjoey Conference, Hong Kong 2025 on 6ix