Slide 1: A future with growth - FY23 Financial Results
A future with growth FY23 Financial Results Jim Beyer - Managing Director and CEO Anthony Rechichi - Chief Financial Officer 24 August 2023
Slide 2: Cautionary statement
Cautionary statement This presentation contains only a brief overview of Regis Resources Limited and its associated entities (“Regis or The Company confirms that it is not aware of any new information or data that materially affects the information included RRL”) and their respective activities and
Slide 3: ESG highlights
ESG highlights Progressive and measured approach to ESG LTIFR Carbon reduction 0.9 Solar farm Female employees Land rehabilitation 21% +270% 9MW solar farm (Duketon) a future with growth 3
Slide 4: Investment highlights
Investment highlights A platform of improving cash flows and multiple growth options 100% in Australia High quality portfolio Strong financial platform Organic growth • Targeting 500koz/year • Strong operating cash flows • McPhillamys Project • 100% Australian assets • Net debt of $57M* as at 30 Jun
Slide 5: FY23 Financial Results
FY23 Financial Results Increased EBITDA and operating cash flow Unit FY23 FY22 Gold Production koz 458 437 Gold Sold koz 459 439 All-in Sustaining Cost $/oz 1,805 1,556 Average Realised Price (after hedge impact) $/oz 2,471 2,312 Sales Revenue $M 1,134 1,016 Underlying EBITDA (excluding inventory ad
Slide 6: Cash and bullion movements 12 months to 30 June 2023
Cash and bullion movements 12 months to 30 June 2023 Record gold sales drive strong operating cash flows $508M Record gold sales of 459koz and $1,134M Increased EBITDA and cash flow from operating activities despite inflationary pressures ($266M) $67M ($69M) $330M Material decrease in capital expend
Slide 7: Net profit/(loss) after tax
Net profit/(loss) after tax Underlying EBITDA margins remain robust $402M $371M Underlying EBITDA of $402M ($30M) Underlying EBITDA margin of 35% Profitability expected to improve as existing hedge book completes by the end of FY24 $9M ($385M) ($2M) ($24M) As part of progressing the funding ($18M) s
Slide 8: Balance sheet highlights at 30 June 2023
Balance sheet highlights at 30 June 2023 Strong balance sheet provides platform for growth Cash and bullion balance of $243M* Total hedge book reduced to 120koz at $1,571/oz Existing hedges completed by June 2024 Delivers more than $150M # increase in pre-tax cash flow from FY25 $300M corporate loan
Slide 9: FY24 guidance
FY24 guidance Continuing the disciplined focus on profitable ounces Operation Duketon Tropicana (30%) Group AISC includes $200/oz of non-cash stockpile Production (koz) 280 – 305 135 – 150 415 – 455 draw AISC ($/oz) 2,050 - 2,360 1,800 - 2,120 1,995 - 2,315 Material reduction in growth capital in FY
Slide 10: The pathway to 500koz per year with margin
The pathway to 500koz per year with margin A business with scale and multiple organic growth options FY24 to FY26 Target 500koz in FY27 keys to maintain… • Ramp up and optimise undergrounds • Rolling Reserve replacement Duketon • Grow Garden Well Reserve and expand production 200-250#koz • Expand UG
Slide 11: Further information
Further information Ben Goldbloom Head of Investor Relations + 61 8 9442 2200
Slide 12: Reserve Table
Reserve Table ORE RESERVES as at 31 December 2022 (Regis Attributable) Gold Proved Probable Total Ore Reserve Competent Person 3 Gold Gold Gold Cut-Off Tonnes Gold Metal Tonnes Gold Metal Tonnes Gold Metal Project 1 Equity Type Grade Grade Grade (g/t)2 (Mt) (koz) (Mt) (koz) (Mt) (koz) (g/t) (g/t) (g
Slide 13: Resource Table
Resource Table MINERAL RESOURCES as at 31 December 2022 (Regis Attributable) 2 Gold Measured Indicated Inferred Total Resource Competent Person Gold Gold Gold Gold Gold Gold Gold Gold 1 Cut-Off Tonnes Tonnes Tonnes Tonnes Project Equity Type Grade Metal Grade Metal Grade Metal Grade Metal (g/t) (Mt)