Orezone Gold Corporation · TSX:ORE
Orezone Gold — Q1 2026 Earnings Presentation
12 slides from Orezone Gold's earnings presentation, May 13, 2026
Slide 1: An Emerging Mid-Tier Producer: Q1-2026 Results
TSX & ASX ORE OTCQX ORZCF AN EMERGING MID-TIER PRODUCER Q1-2026 Results Webcast & Conference Call May 13, 2026
Slide 2: Important Notices and Disclaimer
IMPORTANT NOTICES AND DISCLAIMER Investor Presentation This investor presentation is dated May 13, 2026, and has been prepared by Orezone Gold Corporation (“Orezone” or the “Company”) based on information available to it at the time of preparing this presentation. This presentation has been prepared
Slide 3: Important Notices and Disclaimer
IMPORTANT NOTICES AND DISCLAIMER Not an Offer This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security, and neither this presentation nor anything in it shall form the basis of any contract or commitmen
Slide 4: Important Notices and Disclaimer
IMPORTANT NOTICES AND DISCLAIMER Mineral Resources and Mineral Reserves – NI 43-101 (Canada / TSX) The estimation of mineral resources is inherently uncertain and involves subjective judgments about many relevant factors. Mineral resources that are not mineral reserves do not have demonstrated econo
Slide 5: Repositioning Orezone: 2026 Accomplishments
REPOSITIONING OREZONE 2026 Accomplishments • Acquired Casa Berardi gold mine and Quebec exploration portfolio • Strategic and transformational acquisition into a Tier 1 jurisdiction Diversified Asset Base • Positions Orezone as a diversified multi-asset producer, adding material scale, production an
Slide 6: Management Appointments
MANAGEMENT APPOINTMENTS • Mining Engineer with >30 years of experience (recently President & CEO, Bonterra Resources) Marc-Andre Pelletier • Former COO at Wesdome Gold Mines Chief Operating Officer • Restarted the Kiena mine and increased production at Eagle mine to ~100,000oz/yr • VP Operations at
Slide 7: Financial and Operating Highlights
BUILD | OPERATE | EXPAND FINANCIAL AND OPERATING HIGHLIGHTS Q1-2026 Commentary Q1-2026 Q1-2025 Operating Performance • Gold production of 38,789oz Gold production oz 38,789 28,688 • Gold sales of 37,962oz, at an average realized price Gold sales oz 37,962 28,943 of $4,887/oz Average realized gold pr
Slide 8: Bomboré Operations
BUILD | OPERATE | EXPAND BOMBORÉ OPERATIONS Q1-2026 Commentary Q1-2026 Q1-2025 Mining Physicals • Gold production of 37,563oz Ore tonnes mined tonnes 2,092,730 2,114,543 • Gold production impacted by intermittent deliveries Waste tonnes mined tonnes 6,016,732 4,018,182 of explosives, resulting in ad
Slide 9: Casa Berardi Operations
BUILD | OPERATE | EXPAND CASA BERARDI OPERATIONS Q1-2026 Commentary • Gold production of 1,226oz • 5-days of production post acquisition Recent Developments Post Acquisition • Underground mine contractor mobilizing to site • To increase development rates in support of ramping-up underground producti
Slide 10: 2026 Production and Cost Guidance
BUILD | OPERATE | EXPAND 2026 PRODUCTION AND COST GUIDANCE FY-2026 Q1-2026 Production Guidance Bomboré (100% Basis) Unit Guidance Actuals • Bomboré Operations Gold Production oz 160,000 – 180,000 37,563 • 2026 production and cost guidance reiterated AISC1,2,3 $/oz $2,100 - $2,300 $2,245 • Gold produ
Slide 11: Orezone 2026 Outlook
OREZONE 2026 Outlook Consolidated Gold Production 1 Orezone Production Outlook • 2026 forecast: 220,000 – 240,000oz (100% Basis) Casa Berardi Operations 00 • Mine plan rescope and optimization centered on increasing underground production Catalysts 300 ▪ Bomboré • Updated life of mine plan Q4-2026 H
Slide 12: Questions
Questions