Genesis Minerals Limited · ASX:GMD
Genesis Minerals — Investor Presentation (November 2025)
31 slides from Genesis Minerals's investor presentation, Nov 10, 2025
Slide 1: Long Ore… Corporate Presentation November 2025
For personal use only LONG ORE… “ASPIRE 400”; THE TRUSTED AUSTRALIAN GOLD MINER CORPORATE PRESENTATION NOVEMBER 2025
Slide 2: Important information
Important information Not an Offer and Not Financial Product Advice For personal use only This Presentation does not constitute or contain an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any security in Genesis. This Presentation is not a disclosure docum
Slide 3: Corporate overview
Corporate overview Key metrics (ASX: GMD)1 Board For personal use only Non-Executive Chairman Tony Kiernan Shares on issue 1,141m1 Managing Director Raleigh Finlayson Share price A$5.88 Executive Director Duncan Coutts Non-Executive Director Michael Bowen Market capitalisation A$6.7b Non-Executive D
Slide 4: Why GMD? Focused
WHY GMD? Focused 100% Leonora / Laverton For personal use only ► 18.6Moz Resources (280Mt); After “bolt-on” acquisition of Focus’ 4Moz Laverton Resources^ (54Mt) ► 4.2Moz Reserves (68Mt) ► Baseload - Gwalia, Tower Hill and Jupiter deposits plus “top-ups” ► Two operating mills - Leonora and Laverton;
Slide 5: Why GMD? Long ore
WHY GMD? Long ore v. current milling capacity: For personal use only ► 4.2Moz Reserves (68Mt) implies +15 years mill feed at current 4.4Mtpa rate…or ~10 years assuming ~7Mtpa… ► …studies into staged processing plant expansion(s) continue v. peers: Industry-leading Resources and Reserves (Moz)1 20 We
Slide 6: Why GMD? Growing
WHY GMD? Growing BASE CASE 10-year plan (March 2024): BASE CASE PLAN assumes current For personal use only 4.4Mtpa group mill capacity with Genesis group production and cost outlook 1,2,3 Tower Hill milled at Laverton (~100km Long-term plan to be updated in June half 2026 400 A$2,500 - 2,700 “ASPIRE
Slide 7: Why GMD? Growing: +12Moz upside not in plan
WHY GMD? Growing +12Moz upside NOT included in 10-year plan: For personal use only First ounces: NOW 5 years 10 years Gwalia Resources to Reserve Conversion (drill testing ongoing) 3.4Moz1,2 Gwalia Underground Extensions (up-dip and lateral drilling ongoing) Potential Ulysses Underground Extensions
Slide 8: Why GMD? Disciplined
WHY GMD? Disciplined Against the grain: Gold price A$/oz For personal use only 5,500 Acquisition 1. April 2022 - Genesis 2.0 “Open for cost A$/oz business” strategy unveiled 5,250 2. July 2022 - Genesis takeover bid for 5,000 Dacian 4,750 3. September 2022 - Genesis gains control of Dacian A$63/oz4
Slide 9: Why GMD? Reliable
WHY GMD? Reliable Results matter: For personal use only ► Building a track record of meeting / beating production guidance: • June 2024 - Met FY24 guidance (Genesis’ first year as a producer) • September 2024 - Announced upgraded FY25 guidance • June 2025 - Beat FY25 upgraded guidance (Genesis’ seco
Slide 10: Why GMD? We care about our shareholders
WHY GMD? We care about our shareholders Focused on per share metrics1: For personal use only Production per share Earnings per share Free cash flow2 per share Reserves per share 0.19 20.3 21.8 3.8 +59% +126% +++ 3.0 +27% 0.12 9.0 oz / 1,000 shares oz / 1,000 shares cps cps FY24 FY25 FY24 FY25 FY24 F
Slide 11: Why GMD? We care about our people
WHY GMD? We care about our people Building on strong traditional owner and community relationships: For personal use only PEOPLE Community Development Agreement signed FIRST ► Genesis and the Shire of Leonora recently welcomed Hon David Michael - Minister for Mines and Petroleum, Ali Kent - MLA and
Slide 12: West side: Leonora
ASSETS - West side Current metrics: For personal use only LEONORA ► 1.4Mtpa milling capacity ► 3.0Moz (37Mt) Reserves ► 9.7Moz (120Mt) Resources ► +26-year Reserve life… Mill expansion study underway ► Key projects include: • Gwalia • Ulysses • Tower Hill • Admiral ► Stellar exploration upside on ke
Slide 13: Gwalia mine
ASSETS - Gwalia mine Prolific high-grade, long-life asset, “Quality > quantity”: For personal use only ► Focused on high grade “Heart of Gwalia long section highlighting drill results Gold”…blended with Mid-Levels ► FY26 mined grade anticipated to be in line with Reserve 5.3g/t ► Followed by Rowe De
Slide 14: Ulysses mine
ASSETS - Ulysses mine At one with Gwalia: For personal use only ► Ramp-up continues (stoping Operational strategy unchanged from December 2022 - Two becomes one commenced late December 2024), Gwalia Ulysses full scale2 Combined currently focused on: Annual mining rate Mtpa 0.7 - 0.8 0.6 - 0.7 1.3 -
Slide 15: Tower Hill development
ASSETS - Tower Hill development Bringing Tower Hill back home: For personal use only Tower Hill 101 - Grade, scale, optionality • Shallow, bulk, high grade, 4,000ozpvm opportunity ► Chain reaction - The recent acquisition of • Single open pit - Strike 1.4km, operating strip ratio 9:1 (Reserve pit, w
Slide 16: Tower Hill on the move
ASSETS - Tower Hill on the move Flurry of recent activity: For personal use only ► Last quarter alone: • Approval received for the Stage 1 Mining Proposal • Stage 1 Native Vegetation Clearing permit received • Mining Agreement reached with the Darlot People (Native Title) • Operational readiness pro
Slide 17: Admiral mine
ASSETS - Admiral mine Does 5 become 1? For personal use only Admiral plan view highlighting drill results ► Drilling success - Lateral extensions that increase mine life close to surface and optimise utilisation of GMS fleet ► Abundance of recent shallow open pit >30gm drill intercepts: 17m @ 3.0g/t
Slide 18: East side: Laverton
ASSETS - East side Current metrics: For personal use only ► 3.0Mtpa milling capacity LAVERTON ► 1.1Moz (30Mt) Reserves ► 6.0Moz (120Mt) Resources ► 10-year Reserve life … Mill expansion study underway ► Key projects include: • Jupiter • Focus (FML) assets ► Stellar exploration upside on key regional
Slide 19: Jupiter mine
ASSETS - Jupiter mine Open pit mining and extensional drilling underway - Baseload next to the Laverton mill: For personal use only ► Reserve 7.7Mt @ 0.9g/t for 220koz; Grade Jupiter long section highlighting drill results expectations - FY26 0.8g/t, increasing year-on- year; Displacing low grade st
Slide 20: Focused: Strategic bolt-on acquisition of Focus' Laverton assets
ASSETS - Focused Strategic “bolt-on” acquisition of Focus’ Laverton assets: For personal use only ► Recent A$250m cash acquisition consolidates the Laverton Portfolio optionality - CHAIN REACTION assets of Focus and Genesis, including the recently restarted 3Mtpa Laverton mill ► Acquired assets (jus
Slide 21: Focused: Focus Laverton assets
ASSETS - Focused Strategic “bolt-on” acquisition of Focus’ Laverton assets: For personal use only Resources 4Moz @ 1.7g/t1,2 and Reserves 546koz @ 1.3g/t1 Focused Historical production ~3.6Moz3; Including ~3Moz at Lancefield (post 2009 Laverton ore was processed at Granny-Smith) Reserves estim
Slide 22: Beasley Creek project
ASSETS - Beasley Creek project First cab off the rank - Potential baseload: Recent addition following the For personal use only ► acquisition of Focus' Laverton Long section highlighting drill results project for A$250m cash ► Last mined in 1993 when the gold price was <A$400/oz ► Drilling by previo
Slide 23: Capital allocation
Capital allocation Progressive: For personal use only PRIORITIES Now… …“ASPIRE 400” Robust balance sheet ASPIRE “THIRDS” Growth projects NON-NEGOTIABLES Near-mine exploration Community contributions Dividends 1/3 TO GROWTH Buybacks / additional dividends EXCESS CASH FLOW 1/3 TO SHAREHOLDERS Social p
Slide 24: Filling the gap
Filling the gap For personal use only ► We are an aspirational Australian gold house, 100% focused on Leonora / Laverton ► We have the people, assets and balance sheet to deliver “ASPIRE 400” and beyond • Sustainable, high-quality production and earnings growth ► We play the “long game”: • Long ore;
Slide 25: Filling the gap: ~A$15b vacancy
Filling the gap ~A$15b vacancy… despite strong investor demand for “Aussie leader” characteristics: For personal use only NST A$35b VISION AND 23,000 VALUES 21,000 “The trusted Australian EVN gold miner - Progressive, 19,000 high quality, +400koz pa*” 17,000 Fill the vacuum with premium “Aussie-lead
Slide 26: Appendix A - Plan on a page ASPIRE
APPENDIX A - Plan on a page ASPIRE For personal use only VISION AND PEOPLE PRODUCTION LOWER M&A VALUES FIRST GROWTH COSTS “The trusted Australian We mine safely - Protecting Relentless focus on Declining all-in sustaining Discipline first - Track record gold miner - Progressive, our people, our envi
Slide 27: Appendix B - Data sources
APPENDIX B - Data sources Genesis per share metrics For personal use only Source: GMD Annual Reports FY24 FY25 Production (koz) 134 214 NPAT (A$m) 99 221 Free cash flow (A$m)* -26 236 Reserves (Moz) 3.3 4.2 Per share Weighted average number of shares (m) 1085 1091 Production (oz / 1,000 shares) 0.12
Slide 28: Appendix C - Genesis Mineral Resource estimate
APPENDIX C - Genesis Mineral Resource estimate* Measured Indicated Inferred Total For personal use only Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Deposit (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) Leonora
Slide 29: Appendix C - Genesis Ore Reserve estimate
APPENDIX C - Genesis Ore Reserve estimate* Proved For personal use only Probable Total Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Project (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) Leonora Gwalia 310 5.6 56 6,400 5.3 1,100 6,800 5.3 1,100 Tower Hill -
Slide 30: Appendix D - Tower Hill development schedule
APPENDIX D - Tower Hill development schedule On track for first ore in FY28 For personal use only FY25 FY26 FY27 FY28 Sep Q Dec Q Mar Q Jun Q Sep Q Dec Q Mar Q Jun Q Dec H Jun H Dec H STAGE 1 OPEN PIT Design and Planning Complete Technical Studies Complete Section 18 Approval Complete Mining Proposa
Slide 31: Contact Details
For personal use only Contact Details: Troy Irvin Corporate Development Officer phone: +61 8 6323 9050 email: investorrelations@genesisminerals.com.au www.genesisminerals.com.au
Genesis Minerals — Investor Presentation (November 2025) on 6ix