Slide 1: Transforming Gold Analysis Globally
rsonal use only Transforming Gold Analysis Globally Mining Forum Americas 28 September 2026 · Colorado Springs Dirk Treasure, Managing Director and CEO Brett Coventry, CFO
Slide 2: Important notice
Important notice rsonal use only The material in this presentation has been prepared by Chrysos Corporation Limited (ASX: C79) (“Chrysos” or the “Group”) and is general background information about Chrysos’ current activities as at the date of this presentation. The information is given in summary f
Slide 3: Every gold mine runs on assay data
Every gold mine runs on assay data Almost every Reserve or Resource is defined by either fire assay or PhotonAssay rsonal use only Grade Exploration Stockpile Plant Tailings Product control Faster decisions Representative data Process optimisation Recovery opportunity Results while the shift Larger
Slide 4: Faster, larger, cleaner and automated
Faster, larger, cleaner and automated A measurement, not an estimate rsonal use only PhotonAssay TM vs. Fire Assay¹ Fire Assay PhotonAssay TM True bulk measurement of large samples, typically 300-500 g Time per Sample ➔ ~3-4 Hours ~2 Minutes Minimal sample preparation e.g. crush to 2-3 mm top-size
Slide 5: No level of lead exposure is acceptable
No level of lead exposure is acceptable PhotonAssay removes lead risks from the assay lab rsonal use only Improved OH&S for operators ESG advantages PhotonAssayTM improves OH&S outcomes through the elimination of A 2025 GHD study at SGS Kalgoorlie identified three key environmental advantages of Pho
Slide 6: Seven fire assays, one PhotonAssay
Seven fire assays, one PhotonAssay Even moderate heterogeneity introduces sampling errors rsonal use only Billion-dollar investment decisions deserve a representative sample CHRYSOS CORPORATION LIMITED | 6
Slide 7: How PhotonAssay works
How PhotonAssay works From crushed sample to result in two minutes rsonal use only Step 1 Step 2 Step 3 The crushed sample Automated high-energy X-ray Automated reporting (2-3 mm) is loaded into analysis, activates and detects gold atoms jars and scanned into Sample can be retained unit by operator
Slide 8: Trusted by the industry's leading miners and labs
Trusted by the industry’s leading miners and labs 46 units at 34 sites, each one built into its site’s daily assay workflow rsonal use only 46 Units Deployed1 FY26 Activity A global network built with the industry’s leading miners & labs 46 deployed units · 872 contracted · five continents Trusted b
Slide 9: Two routes to market, both driving sample volume
Two routes to market, both driving sample volume Partner labs reach many miners; direct deployments embed us at the mine rsonal use only Two-pronged sales approach Quarterly PhotonAssayTM samples analysed 3,500,000 Laboratory Mine Site 3,000,000 Hub & Spoke Deployment Strategy Minesite Deployment St
Slide 10: Simple to adopt, protected returns
Simple to adopt, protected returns Each PhotonAssay unit is owned, leased and maintained by Chrysos rsonal use only Customer impact Chrysos benefit Capital stays in the mine: no upfront Take-or-pay floor: 71% of FY26 revenue spend; the unit is leased, not bought (~A$1.43m3 per unit p.a.) No obsolesc
Slide 11: Adoption compounds into earnings and cash
Adoption compounds into earnings and cash FY26 results1: EBITDA grew twice as fast as revenue, cash flow three times as fast rsonal use only A$88.1m A$27.2m A$17.9m 87 2 Revenue EBITDA Operating Cash Flow Contracted units +33% +68% +103% 46 deployed The economic loop beneath the adoption loop More u
Slide 12: A contracted growth pathway
A contracted growth pathway FY27 guidance underpinned by a contracted fleet and scaling manufacturing capacity rsonal use only FY27 guidance A$108m–$118m A$35m–$42m 18 units p.a. Revenue EBITDA Manufacturing capacity Momentum: Record 1.1m+ samples in July; 1m+ every month since March 2026 46 deploye
Slide 13: Growth beyond gold
Growth beyond gold Alternative analysis volumes up 55% year on year rsonal use only Core market Additional revenue Long-term Alternative analysis focus → streams → Near-term R&D → potential → momentum Commercially Alternative analysis samples Available (’000) Detectable Elements • Base & energy meta
Slide 14: <10% market share, with ~610 addressable sites
<10% market share, with ~610 addressable sites Vision: to become the world’s leading provider of innovative assay services and technologies rsonal use only How we capture it Partner with labs: all four major global geochemistry ~200 labs promote PhotonAssay , giving us a channel into Off-site labora
Slide 15: Why Chrysos is difficult to replicate
Why Chrysos is difficult to replicate More than a machine — a technology and operating platform built over 20+ years rsonal use only Technology Operating Commercial What it is built on What the fleet has proven Who it is built into • 20+ years of nuclear • 29m+ commercial samples • Tier-1 miners, in
Slide 16: Why Chrysos
Why Chrysos A global technology platform transforming how the industry measures gold rsonal use only Proven, embedded in daily operations, and early in penetrating the core gold market Proven disruption Industry adoption A modern alternative to centuries-old fire 29m+ samples, Tier-1 miners and all
Slide 17: Thank you
Thank you rsonal use only For more information, please visit chrysoscorp.com or contact us at investors@chrysoscorp.com