Slide 1: Q2 2021 Results
Q2 2021 RESULTS July 2021 CONSISTENTLY DELIVERING ON COMMITMENTS INNOVATION I PERFORMANCE I GROWTH
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Cautionary Notes - Information Purposes Only The information contained in this presentation is provided by OceanaGold Corporation (“OGC”) for informational purposes only and does not constitute an offer to issue or arrange to issue, or the solicitation of an offer to issue, secu
Slide 3: Q2 Highlights
Q2 HIGHLIGHTS Delivering on Our Commitments Improved Delivered on Our Maintained Advanced Profitability Commitments Optimal Organic Growth Delivered adjusted net Didipio renewed and Balance Sheet Opportunities earnings of $36.9 million or expected to contribute to full Total immediately available Wa
Slide 4: Didipio FTAA Completed
DIDIPIO FTAA COMPLETED Endorsed and Renewed by the Philippine Government TERMS ▪ FTAA renewed for 25 years ▪ 60/40 net revenue split unchanged ▪ Additional community benefits CURRENT PRIORITIES ▪ Processing and production to commence in Q4 2021 ▪ Sale of concentrate to commence in Q3 2021 ▪ Recruiti
Slide 5: Sustainability Q2 Results
SUSTAINABILITY Fundamental to the Way We Do Business Health & Safety • TRIFR 3.7 → focus on principal hazards (ground stability, energy management, mobile equipment) • Maintaining strict health and safety protocols related to COVID-19 Q2 Carbon Neutral • 2030 Interim Targets: Planning for physical r
Slide 6: Financial Results Overview
FINANCIAL RESULTS OVERVIEW Third Consecutive Quarter of Improved Profitability Q2 2021 Q1 2021 H1 2021 H1 2020 PROFIT & LOSS Revenue million 182.6 148.9 331.5 234.0 Revenue increased QoQ on higher sale volumes and EBITDA million 89.9 62.0 151.9 54.8 higher realised gold price NPAT million 31.4 16.0
Slide 7: Capital Allocation
CAPITAL ALLOCATION Investing in Robust Organic Growth Pipeline Invest in Value Prudent Balance Sheet Total Liquidity(1) Accretive Growth Management CASH UNDRAWN Projects FACILITY ORGANIC GROWTH IN TOP- TIER JURISDICTIONS PRESERVES FINANCIAL FLEXIBILITY $92m $50m Return Capital to Total Debt(1) Share
Slide 8: Capital Investment Overview
CAPITAL INVESTMENT OVERVIEW 2021 Investment Advances Organic Growth Projects 2021 2020 Consolidated (USDM) Q2 YTD Q2 YTD General Operating 6.7 14.9 4.2 13.5 Haile Overlook Pre-strip & Capitalised Mining 30.6 46.9 12.3 30.6 Growth Capital 51.2 90.2 33.5 60.6 Waihi Gold Mine Macraes Gold Pour (1) Expl
Slide 9: Haile Operations Overview
HAILE OPERATIONS OVERVIEW Record Quarter and First Half Performance Q2 2021 Q1 2021 H1 2021 H1 2020 2021 OUTLOOK TRIFR (12-mma) per million work hours 2.6 3.0 2.6 6.1 Gold Production koz 57.2 44.3 101.6 60.1 Gold production Haile UG decline Higher sustaining Gold Sales koz 59.3 45.2 104.5 65.0 160 –
Slide 10: Haile Site Review
HAILE SITE REVIEW Achieving Full Potential Over the Life of Mine DIAGNOSE SOLUTION IMPLEMENT VALUE IDENTIFICATION REALIZATION Identify and prioritize Prioritize solutions Implement Realize value opportunities based on constraints, solutions and ensure return and effort Today sustainability MINING SE
Slide 11: Macraes Operations Overview
MACRAES OPERATIONS OVERVIEW Mining and Milling Disruptions Impact First Half Q2 2021 Q1 2021 H1 2021 H1 2020 2021 OUTLOOK TRIFR (12-mma) per million work hours 6.5 5.2 6.5 1.5 Gold Production koz 32.7 34.5 67.2 67.1 Gold production Golden Point UG Gold Sales koz 33.2 34.5 67.7 68.0 155 – 165 koz Pur
Slide 12: Waihi Operations Overview
WAIHI OPERATIONS OVERVIEW SAG Mill Upgraded and Sustained Milling Recommenced in Q2 Q2 2021 Q1 2021 H1 2021 H1 2020 2021 OUTLOOK TRIFR (12-mma) per million work hours 8.5 10.5 8.5 5.3 Gold Production koz 3.9 4.3 8.3 12.2 Gold production Gold Sales koz 3.4 3.1 6.5 13.5 35 – 45 koz Sustained milling A
Slide 13: Didipio Restart
DIDIPIO RESTART Achieving Full Operations within 12 Months Q3/21 Q4/21 Q1/22 Q2/22 Q3/22 • Obtain business as usual regulatory documentation • Community engagement Underway & ongoing LOGISTICS • Recruitment & training • Deliver supplies & equipment • Implement further COVID-19 restrictions • Receive
Slide 14: 2021 Initiatives
2021 INITIATIVES Focused on Delivering Value Over the Long-term BUILD ON OUR TOP RATED ESG PERFORMANCE Demonstrate the Company’s leadership through continued investor engagement, ESG execution DELIVER ON OUR COMMITMENTS Acutely focused on driving operational excellence while effectively managing ris
Slide 15: Corporate Headquarters
Corporate Headquarters Americas Corporate Office Level 3, 99 Melbourne St. Suite 350 South Brisbane Qld, 4101 4725 South Monaco Street Australia Denver, Colorado, 80237 T: +61 3 9656 5300 United States of America F: +61 3 9656 5333 info@oceanagold.com oceanagold.com
Slide 16: Cautionary Statement: Technical Disclosure
CAUTIONARY STATEMENT TECHNICAL DISCLOSURE Waihi. Mineral Resources for Waihi have been verified, reviewed and approved by, or are based upon information prepared by or under the supervision of, P. Church. Information relating to Waihi exploration results in this presentation has been verified by, is