Champion Iron Ltd. · ASX:CIA

Champion Iron — Q3 FY2021 Earnings Presentation

24 slides from Champion Iron's earnings presentation, Jan 28, 2021

1. Slide 1: High Quality Infrastructure

   CT, SDIC b HIGH OUALITY INFRASTRUCTURE CHAMPION IRON Ls

2. Slide 2: Disclaimer

   DISCLAIMER For personal use only TSX: CIA ⎪ ASX: CIA

3. Slide 3: Conference Call Participants

   CONFERENCE CALL PARTICIPANTS For personal use only TSX: CIA ⎪ ASX: CIA

4. Slide 4: FY2021 Third Quarter Highlights

   FY2021 THIRD QUARTER HIGHLIGHTS For personal use only TSX: CIA ⎪ ASX: CIA

5. Slide 5: COVID-19 / Health & Safety

   COVID-19 / HEALTH & SAFETY For personal use only → → → → TSX: CIA ⎪ ASX: CIA

6. Slide 6: Focus on Sustainability

   FOCUS ON SUSTAINABILITY For personal use only → → → → TSX: CIA ⎪ ASX: CIA

7. Slide 7: Industry Overview

   INDUSTRY OVERVIEW For personal use only → → → TSX: CIA ⎪ ASX: CIA

8. Slide 8: Industry Overview

   INDUSTRY OVERVIEW For personal use only → → → → → → TSX: CIA ⎪ ASX: CIA

9. Slide 9: Bloom Lake Operational Results

   BLOOM LAKE OPERATIONAL RESULTS For personal use only TSX: CIA ⎪ ASX: CIA

10. Slide 10: Operations Overview

    OPERATIONS OVERVIEW For personal use only → → → TSX: CIA ⎪ ASX: CIA

11. Slide 11: Stable Ore Recovery

    STABLE ORE RECOVERY For personal use only → → → → TSX: CIA ⎪ ASX: CIA

12. Slide 12: Third Quarter Financial Results

    THIRD QUARTER FINANCIAL RESULTS For personal use only TSX: CIA ⎪ ASX: CIA

13. Slide 13: Third Quarter Financial Highlights

    THIRD QUARTER FINANCIAL HIGHLIGHTS For personal use only → → → → TSX: CIA ⎪ ASX: CIA

14. Slide 14: Third Quarter Average Realized Selling Price

    THIRD QUARTER AVERAGE REALIZED SELLING PRICE For personal use only → → → → TSX: CIA ⎪ ASX: CIA

15. Slide 15: Positive Provisional Price Adjustment

    POSITIVE PROVISIONAL PRICE ADJUSTMENT For personal use only → → − → TSX: CIA ⎪ ASX: CIA

16. Slide 16: Positive Cash Operating Margin

    POSITIVE CASH OPERATING MARGIN For personal use only → → TSX: CIA ⎪ ASX: CIA

17. Slide 17: Increased Financial Flexibility

    INCREASED FINANCIAL FLEXIBILITY For personal use only TSX: CIA ⎪ ASX: CIA

18. Slide 18: Cash Increase Details

    CASH INCREASE DETAILS For personal use only → → → → → TSX: CIA ⎪ ASX: CIA

19. Slide 19: Balance Sheet Positioned for Growth

    BALANCE SHEET POSITIONED FOR GROWTH For personal use only ✓ ✓ TSX: CIA ⎪ ASX: CIA

20. Slide 20: Phase II Update

    PHASE II UPDATE For personal use only TSX: CIA ⎪ ASX: CIA

21. Slide 21: Approved and Financed Phase II

    APPROVED AND FINANCED PHASE II For personal use only → → → ✓ ✓ ✓ ✓ ✓ ✓ TSX: CIA ⎪ ASX: CIA

22. Slide 22: Acquisition of Kami Project

    ACQUISITION OF KAMI PROJECT For personal use only * → → → → TSX: CIA ⎪ ASX: CIA

23. Slide 23: Thank You to Our Staff

    THANK YOU TO OUR STAFF For personal use only TSX: CIA ⎪ ASX: CIA

24. Slide 24: Contact Us

    CHAMPION IRON 249 Contact us for-more information. Michael Marcotte, VP Invest6r-Relations mmarcotte@championiron.com 514-316-4858

Champion Iron — Q3 FY2021 Earnings Presentation on 6ix