Slide 1: Creating One of the Largest Copper Developers in the U.S.
A Lundin Group Company Creating One of the Largest Copper Developers in the U.S. CORPORATE PRESENTATION October 2026 TSX: FDY I OTCQX: CPPKF
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Forward-looking Statements: Some of the statements in this presentation, other than statements of historical fact, are “forward-looking statements” and are based on the opinions and estimates of Company management as of the date such statements are made and are necessarily based
Slide 3: Faraday: The Go-To U.S. Copper Developer
FARADAY: THE GO-TO U.S. COPPER DEVELOPER Aerial view looking east Developing a Copper District Significant Resource and Scale Developing the Redhawk Complex in Arizona, Large resource potential and a near-term which includes the Copper Creek project and pathway to copper production the past-producin
Slide 4: Corporate Overview
CORPORATE OVERVIEW Analyst Coverage Ownership BMO Capital Markets Rene Cartier 32% Canaccord Genuity Dalton Baretto BHP 32% Haywood Securities Pierre Vaillancourt 13% Lundin Family Trust 13% Jefferies Chris LaFemina Insiders 3% 3% National Bank Financial Andrew Dusome Other 52% 52% Raymond James Dan
Slide 5: Redhawk Copper Complex
Redhawk Copper Complex The Copper Creek Project and the San Manuel Project Create a Major U.S. Copper District
Slide 6: Redhawk Copper Complex: Building a Multi-Generational Copper District
REDHAWK COPPER COMPLEX Building A Multi-Generational Copper District 1 Significant Resource Potential Unlocking value of two projects to form one of the largest copper developers in the U.S. 2 Optimized Infrastructure & Reduced Environmental Footprint Future facilities utilizing existing infrastruct
Slide 7: Redhawk: Land and Infrastructure Advantage
REDHAWK: LAND AND INFRASTRUCTURE ADVANTAGE Accelerated Pathway to Copper Cathode Production in Arizona's Copper Corridor PRIVATE LAND EXISTING PERMITTING ESTABLISHED OWNERSHIP INFRASTRUCTURE ADVANTAGE MINING COMMUNITY ▪ Private land: ~27,000 acres ▪ Local available grid power ▪ Private land at San M
Slide 8: Copper Creek: Overview
COPPER CREEK: OVERVIEW Open Pit Potential at Copper Creek Unlocks Underground ▪ Copper Creek is a significant and growing Cu-Mo-Ag resource ISOMETRIC VIEW, LOOKING NORTHEAST with 4.2 Blbs of Measured and Indicated copper resources ▪ ~60,000 m of drilling to be incorporated in an updated Globe Childs
Slide 9: Copper Creek: Phase III & IV Drill Results
COPPER CREEK: PHASE III & IV DRILL RESULTS Drill Hole Drilling Focus: Assay Results American Eagle Area Copper Grade (%) Mammoth >2.00 1.00 0.31 FCD-24-065 0.20 22.92 m at 0.58% Cu 0.13 within 142.69 m at 0.31% Cu FCD-26-141 36.00 m at 0.81% Cu Legend FCD-24-073 117.83 m at 1.12% Cu within American
Slide 10: San Manuel: Past-Producing Copper Mine
SAN MANUEL: PAST-PRODUCING COPPER MINE Large Historical Resource with Exploration Upside ▪ Mining commenced in 1955 from underground, followed by open pit Historical Resource Estimate (1999) and in situ leach operations Historical Resource Tons Tonnes TCu Contained Estimate Classification ▪ Reached
Slide 11: San Manuel: Drilling
SAN MANUEL: DRILLING Planned Drill Program Planned Drill Program Initial ~24,000 m of drilling planned to: N ▪ Update historical Mineral Resource Estimate to current standards ▪ Obtain geotechnical data and metallurgical samples Exploration Upside ▪ The deposit remains open with limited modern-day S
Slide 12: Redhawk Complex: A Consolidated District
REDHAWK COMPLEX: A CONSOLIDATED DISTRICT Two Projects, One Owner Contained Copper (Blbs) 1 Copper Creek · Current Mineral Resource (2023) M&I (Cu) ~ 4.2 Blb 60,000m of new drilling to be incorporated into an Inferred (Cu) ~ 0.6 Blb updated MRE San Manuel · Historical Resource Estimate (1999) 2 Sulph
Slide 13: Redhawk Complex: Development Strategy
REDHAWK COMPLEX: DEVELOPMENT STRATEGY Phased Approach to De-Risk and Fund the Next A PHASE 1 · COPPER OXIDES B PHASE 1 · OPEN PIT SULPHIDES San Manuel Open Pit, Lookout point, Looking Southwest PHASE 2 · UNDERGROUND NEAR TERM · FIRST CATHODE PRODUCTION PHASE 1: 10–15 YEARS OF OPEN PIT CASH FLOW PHAS
Slide 14: Redhawk Complex: Near-Term Value Creation
REDHAWK COMPLEX: NEAR-TERM VALUE CREATION Catalysts on the Path to First Cathode Production First Cathode Production DE-RISK Phase 1 Pre-Feasibility San Manuel Study acquisition DEFINE Focus on Copper Oxides + Open Pit closed Sulphides Mineral Resource October 2028 Estimates 2026 DRILL San Manuel &
Slide 15: A Shrinking Pool of Quality Copper Projects
A SHRINKING POOL OF QUALITY COPPER PROJECTS Declining Discoveries, Rising Demand: Few Junior-Owned Projects Remaining Major Copper Discoveries Are Collapsing Junior-Held Copper Projects Are Disappearing Total volume of discovered copper per year group (MMt) Recent M&A has removed key names from the
Slide 16: Faraday: The Go-To U.S. Copper Developer
FARADAY: THE GO-TO U.S. COPPER DEVELOPER Transformational Backed by the Scale and Multi-Decade Upcoming Acquisition Best in Copper Copper District Milestones The recently acquired San Cornerstone strategic Two of the largest copper projects San Manual Drill Program: Manuel project, together with sha
Slide 17: Appendix
FARADAY COPPER Appendix
Slide 18: Leadership
LEADERSHIP Management Independent Directors Graham Richardson Dr. Thomas Bissig Russell Ball · Chair Audra Walsh Robert Doyle Chief Financial Officer VP Geology Prev: CEO, Calibre Mining; CFO, Current: VP South America Bus Prev: CFO, Pan Paul Harbidge Prev: Goldcorp / Newmont Prev: Goldcorp / Newmon
Slide 19: Building Momentum at Faraday
BUILDING MOMENTUM AT FARADAY Track Record of Execution President and CEO Paul Harbidge appointed, assembled a new management Sep 2021 team to re-start technical work Jul 2022 Mineral Resource Estimate (“MRE”) Nov 2022 Commenced trading on TSX Jan 2023 Intersected massive sulphide below Copper Prince
Slide 20: Copper Creek: Mineral Resources (2023)
COPPER CREEK: MINERAL RESOURCES (2023) Grade Contained Metal Category Tonnes (Mt) Cu Mo Ag CuEq 1 Cu Mo Ag CuEq 1 (%) (%) (g/t) (%) (Mlb) (Mlb) (Moz) (Mlb) Open Pit (OP) Measured 67.2 0.48 0.008 1.2 0.51 710.5 12.5 2.6 751.1 Indicated 59.9 0.31 0.008 0.6 0.33 412.9 10.1 1.1 440.5 Measured and 127.1
Slide 21: Copper Creek: Notes to Mineral Resources
COPPER CREEK: NOTES TO MINERAL RESOURCES ▪ CuEq: Copper equivalent; g/t: Grams per tonne; Mlb: Million pounds; Moz: Million troy ounces; Mt: Million tonnes ▪ The mineral resources in this estimate were prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Stand
Slide 22: San Manuel: Historical Mineral Resource (1999)
SAN MANUEL: HISTORICAL MINERAL RESOURCE (1999) Historical Resource Estimate Tons Tonnes TCu Contained Cu7 Classification (inclusive of Reserves)1,2,3,4 (Mst) (Mt) (%) (Blb) Historical Measured + Indicated (inclusive of 696.1 631.5 0.64 8.89 Sulfide Mineral Resource historical Proven and Probable res
Slide 23: Contact Information
CONTACT INFORMATION STACEY PAVLOVA, CFA Suite 2800, 1055 Dunsmuir Street VP Investor Relations PO Box 49225 778-730-1067 Vancouver, BC Canada info@faradaycopper.com www.faradaycopper.com