Slide 1: Creating Shareholder Value: Strategy Update and the Munni Munni JV
Creating Shareholder Value: Strategy Update and the Munni Munni JV Acquire ▸ Enhance ▸ Value Realisation Silver –Platinum -Palladium -Copper -Iron Ore Assets AIM | UFO www.alienmetals.uk December 2025
Slide 2: Disclaimer & Competent Person Statements
Disclaimer & Competent Person Statements The information in this presentation (the “Presentation”) relating to Alien Metals Ltd (the “Company”) has been prepared by the Whilst the information contained herein has been prepared in good faith, the Company does not give or have authority to give any Co
Slide 3: Our Action Strategy
Our Action Strategy Advancing assets through Targeted acquisition of under-explored technical work and project assets globally through: development while pursuing • Curated leadership team selected for partnerships, joint ventures, their extensive transactional & operations experience and selective
Slide 4: Our Project Portfolio
z Our Project Portfolio Mining Operations Road Port Towns Rail Pilbara, Western Australia
Slide 5: Munni Munni PGE JV with Greentech Metals
Value Realisation z Munni Munni PGE JV with Greentech Metals (ASX:GRE) GRE to acquire a 70% interest in the MMP with the right to acquire an additional 10% from Alien (AIM:UFO)* Structure • GreenTech to acquire 70% of the Munni Munni Project • Alien retains 30% free-carried interest to Bankable Feas
Slide 6: Munni Munni Project
Value Realisation Munni Munni Project (Pt Pd, Rh, Au, Cu, Ni) Major Platinum Group Element Resource upgrade and expansion in a world class minerals province Key Details • One of Australia’s most significant PGE intrusions, centred on the laterally continuous Ferguson Reef • Extensive exploration his
Slide 7: Benefits to Alien through the Munni Munni JV
Value Realisation Benefits to Alien through the Munni Munni JV 2. 4. Expanded footprint and 1. Immediate Leveraging value partner 2. Free-carry & leverage to Retained exposure 3. Improved market 3. Value realisation GRE re-rating positioning copper exposure expertise realisation, no dilution* Exposu
Slide 8: Elizabeth Hill Silver JV with West Coast Silver
Value Realisation z Elizabeth Hill Silver JV with West Coast Silver (ASX:WCE) WCE acquired 70% interest in Elizabeth Hill Silver Project from Alien (AIM:UFO) in March 2025 Structure • 30% free-carried interest retained • ~9.2% shareholding in West Coast Silver (ASX:WCE) • Alien effective interest in
Slide 9: Elizabeth Hill Silver Project
Value Realisation Elizabeth Hill Silver Project Consolidated land package with extensive drilling programs underway Key Details • Located in the Pilbara region, Western Australia – Tier 1 mining district. Access to road networks, power infrastructure, and skilled workforce in the established Pilbara
Slide 10: Benefits to Alien through the West Coast Silver JV
Value Realisation Benefits to Alien through the West Coast Silver JV 1. Leveraging partner 2. Retained exposure 3. Value realisation Exposure to expertise Exposure to exploration upward trending Achieved significant return Exposure to broader capital markets and specialised success and silver price
Slide 11: Theoretical value of Alien based on value in WCE and GRE
Value Realisation Theoretical value of Alien based on value in WCE and GRE (conditional) + GRE + WCE Elizabeth Hill Silver JV + Munni Munni JV = Implied Asset Value* vvv £16m £6m vs Market Capitalisation = £13m Significantly undervalued based on the value of its interests in WCE and GRE and their as
Slide 12: The bedrock of our portfolio
The bedrock of our portfolio Three iron ore projects in a Tier 1 location: Hancock, Brockman and Vivash Gorge
Slide 13: Hancock High-Grade DSO Foundation
Enhance Hancock High-Grade DSO Foundation • Partner discussions active to advance 8.4Mt project up the value curve. • ERM's technical expertise, mapping to guide targeted drilling on high-potential Western Hancock zone. • Exciting untapped exploration potential. Key Resource Metrics JORC Ore Reserve
Slide 14: Brockman Vivash Gorge
Enhance Brockman Vivash Gorge . This is an exciting, under-explored position A standout location with a growing list of with real potential to host a significant high- advantages to be developed grade, Direct Shipping Ore (DSO) deposit. • Strategic ground directly adjacent to FMG's established Vivas
Slide 15: Why invest?
z Creating shareholder value Why invest? Tier-1 Focus Value Creation Experienced Leadership PGM, Silver, & Iron Ore projects Significant uplift being achieved Deep mining, M&A, operational in Western Australia’s Pilbara, a through: and technical expertise driving a world-class mining district. 1) El
Slide 16: Corporate Overview
Corporate Overview 5 Market Data UFO September 11 New Board announced Shares on Issue 9.27B Alien Metals August 22 High Grade shallow silver Options1 640m October 13 intercepts at Elizabeth Hill Silver breaks through Warrants2 361.7m $50 USD per ounce Share Price 0.125p August 5 Near mine high prior
Slide 17: Our Leadership Team
Our Leadership Team Belinda Murray Bruce Garlick Elizabeth Henson Mark Pudovskis Executive Director Non-Executive Director Independent Non-Executive Director Technical Director & Principal Geologist • Belinda has built a resources career in • Mining executive with 30+ years in • Former senior intern
Slide 18: Contact
CONTACT Belinda Murray Executive Director ir@alienmetals.uk AIM | UFO www.alienmetals.uk
Slide 19: Appendix
Appendix AIM | UFO www.alienmetals.uk
Slide 20: References
References • Page 5 – Map from Alien database • Page 6 - 47m GreenTech share - 47m / 270m (issues share capital post completion of capital raise) • Page 7 - Exploration Upside - https://app.sharelinktechnologies.com/announcement- preview/asx/00bb74c177e7b94c7ed929711d4dc811 1. WCE 30% direct interes