Slide 1: Corporate Presentation September 2025
Corporate Presentation September 2025 ASX : RRL
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: Exploration Targets
Exploration Targets Exploration Target at Ben Hur (noted on Slide 15) is extracted from ASX release “Underground Exploration Target Established for Ben Hur” dated 21 November 2024. The Ben Hur Exploration Target is estimated to contain between 4.0Mt and 6.0Mt at a grade ranging between 2.2 g/t Au an
Slide 4: We Are An Unhedged Producer With Long Life Assets
We Are An Unhedged Producer With Long Life Assets Strong platform in a Tier 1 location Darwin Duketon 3.3 Moz Resource • FY26 production guidance: 220koz - 240koz NT 2.7 Moz Resource • FY26 AISC guidance: $2,790 - $3,200/oz McPhillamys • Mineral Resources1: 3.3Moz QLD • Section 10 declared. • Ore Re
Slide 5: Corporate Snapshot
Corporate Snapshot Board Key Management Capital Structure1 Shares on Issue: ~757M Register Composition2 UK 6% Asia 1% Non-Executive Chair Chief Operating Officer Rest of World 1% James Mactier Michael Holmes Share price: $5.09 Europe (ex UK) 10% Market Capitalisation: ~$3.9B North Managing Director
Slide 6: FY25 – Consistent Delivery With Record Results
FY25 – Consistent Delivery With Record Results Our operational performance and the continued gold price strength delivered record financial outcomes, supporting the declaration of a fully franked dividend. Record financial performance Delivered meaningful ESG outcomes Record revenue $1,647M FY25 LTI
Slide 7: FY25 Financial Results Overview
FY25 Financial Results Overview Record EBITDA and record operating cash flow Unit FY25 FY24 Gold Production koz 373 418 Gold Sold koz 375 424 All-in Sustaining Cost $/oz 2,531 2,286 Average Realised Price1 $/oz 4,387 2,976 Hedge buyout cost $M - 98 Sales Revenue $M 1,647 1,263 EBITDA $M 780 297 Cash
Slide 8: Movements of the income statement for FY25
Movements of the income statement for FY25 Strong gold sales and record gold prices drive record operating cash flows Gold sales were up 30% on record gold Unit FY25 FY24 prices, partially offset by lower gold production. Gold sales at spot $M 1,647 1,344 Cost of sales (excl D&A) $M (825) (824) Corp
Slide 9: Statutory cash flow statement highlights for FY25
Statutory cash flow statement highlights for FY25 Consistent operational delivery and leverage to the gold price highlights the significant cash generation of our assets. The statutory Consolidated Statement of Cash Flows excludes bullion on hand at 30 June 2025 of 2,324 valued at a spot gold price
Slide 10: FY25 Highlights
FY25 Highlights • Gold sales of $1,647M from 375koz of gold sold at an average price of $4,387/oz • Gold production of 373koz at an All-in Sustaining Cost (AISC) of $2,531/oz • Record Net Profit After Tax increased to $254M • Record EBITDA of $780M at a margin of 47% • Record cash flows from operati
Slide 11: Delivering Consistency in Cash and Bullion Build
Delivering Consistency in Cash and Bullion Build Regis is net cash and bullion positive. Solid fundamentals are delivering into record gold prices. +$150M Delivered $662M cash build2 since Dec 2023 Hedge +$138M buyout +$149M $517M +$85M $367M +$109M1 $229M +$31M $80M Net cash Net debt $(145M) $(114M
Slide 12: FY26 Guidance
FY26 Guidance Leveraging opportunistic ounces to generate cash FY26 Guidance Group Duketon Tropicana Production (koz) 350 – 380 220 – 240 130 – 140 AISC ($/oz) 2,610 – 2,9901 2,790 – 3,2002 2,240 – 2,5603 Growth Capital ($M) 180 – 195 165 – 175 15 - 20 Exploration ($M) 50 – 60 - - McPhillamys ($M) 1
Slide 13: Our Strategic Delivery
Our Strategic Delivery 13
Slide 14: The Future Of Our Current Producing Assets
The Future Of Our Current Producing Assets A business with scale and multiple organic growth options We continue to focus on producing sustainable and profitable ounces from our current assets Producing sustainable and profitable ounces • Ramp up third underground mine (Garden Well Main) • Grow to a
Slide 15: Duketon
Duketon Duketon Infrastructure: Moolart Well 2.5Mtpa • A dominant ~2,500km2 land package. • 7.5Mtpa of mill capacity at Duketon South. An additional 2.5Mtpa of mill capacity in Duketon North. 100km • Producing from open pits and underground mines. • Progressed the development of the extension of Ros
Slide 16: Duketon Underground - Building Capacity And Sustainability
Duketon Underground - Building Capacity And Sustainability Two operating mines with Ore Reserves have grown consistently with more expected consistent Reserves growth Major ~550% increase in underground Ore Reserves1 at Duketon including depletion of 359koz of gold since 2019 extension added at Mine
Slide 17: Duketon Underground Growth
Duketon Underground Growth 2018 Initial Rosemont Resource Estimate 1 Rosemont Current Progress 2 Mineralisation open 2020 Initial Garden Well Resource Estimate 3 Garden Well Current Progress 4 Mineralisation open 1. ASX release titled “Regis Targets Underground Mine at Rosemont with Maiden Undergrou
Slide 18: Duketon Underground – Exploration is key to growth
Duketon Underground – Exploration is key to growth1 Mineralisation open Mineralisation open 18 1. ASX release titled “Mineral Resource, Ore Reserves and Exploration Update” dated 20 May 2025 Regis Q4 FY25 Quarterly Report released to the ASX dated 21 July 2025.
Slide 19: Could Ben Hur Be Our 4th Underground Mine?
Could Ben Hur Be Our 4th Underground Mine……? Ben Hur Exploration Target outlines what could become our next underground mine Exploration Target1: Tonnage: 4.0Mt - 6.0Mt Grade: 2.2g/t - 2.8g/t Exploration Target area Contained gold: 300koz – 550koz 1. See ASX release titled “Underground Exploration T
Slide 20: After Ben Hur, We Have Other Underground Growth Opportunities
…After Ben Hur, We Have Other Underground Growth Opportunities. Other potential underground targets that could deliver additional gold production Good visibility on operating at least four underground mines at Duketon, producing 200koz – 250koz of gold in the future. 20
Slide 21: Exploration continues to present open pit opportunities
Exploration continues to present open pit opportunities Kintyre and Gloster are shaping up as potential future growth options 21
Slide 22: Tropicana
Tropicana Tropicana Tropicana Infrastructure: ~9.4Mtpa • ~2,100km2 of exploration tenements in the Albany Fraser belt. 130km • ~9.4Mtpa milling capacity. • Production from the open pit and underground mines. • Commenced underground production at Boston Shaker in 2020 • Commenced production at our se
Slide 23: Tropicana Underground - More Value Than Just Reserves
Tropicana Underground - More Value Than Just Reserves Ore Reserves have grown consistently, exploration ongoing to extend mineralisation 202% increase in Tropicana underground Ore Reserves1,2 excluding production of 648koz of gold since 20183 1,400 1,200 Underground Ore Reserves continue to grow 1,0
Slide 24: Boston Shaker growth potential
Boston Shaker growth potential • Previous drilling at Boston Shaker intercepted mineralisation ~850m below the limit of known mineralisation; - 35m @ 1.6 g/t - 26m @ 2.7 g/t - 6m @ 1.8 g/t • Drilling1 at Boston Shaker has continued to extend mineralisation below known limits and include; - 3m @ 10.4
Slide 25: Innovative Directional Drilling
Innovative Directional Drilling • At Tropicana, a trial of a directional drill core barrel is planned BS04 BS04 BS03 BS03 Conventional - NAVI/Wedging Directional Coring • The expected benefits of directional coring in deep drill holes are: - Reduction in drill meters compared to conventional methods
Slide 26: Tropicana Underground growth potential
Tropicana Underground growth potential • Upside potential exists both down plunge and along strike at Tropicana. • Drilling along strike of Tropicana underground have extended known mineralisation to the west and down plunge beyond known limits of mineralisation1. • Recent drilling has defined new a
Slide 27: Havana Underground – Demonstrated Underground Growth
Havana Underground – Demonstrated Underground Growth • Upside potential exists down dip of the currently approved Havana Underground. • Additional target areas identified from recent work1: - Cobbler conceptual underground target - Havana Fault offset Havana UG (approved) Havana South UG (conceptual
Slide 28: Regional Exploration
Regional Exploration Searching for satellite open pit resources Rosetta • Regional exploration continues with the primary aim of discovering satellite resources. • Regional exploration strategy to focus within 20km of the Hat Trick mill along trend north and south of the current operation. Springbok
Slide 29: McPhillamys
McPhillamys 2.7Moz Resource - One of Australia's largest undeveloped open pit gold projects FY26 Guidance Group 2.7 Moz Resource McPhillamys ($M) 10 - 20 McPhillamys • Section 10 declared. • Project re-set underway. The McPhillamys1,2 Project scope included: • ~7.0Mtpa mill processing 60.6Mt over a
Slide 30: McPhillamys - Section 10 Declaration
McPhillamys - Section 10 Declaration On 16 August 2024, a Section 10 (ATSIHP Act 1984) was declared over a portion of the site that covers the approved TSF site. What it means: • Project is currently unviable as Regis has no immediately available viable alternate TSF location. • To advance an altern
Slide 31: Significant regional exploration potential
Significant regional exploration potential Regis holds 1,098km2 of ground within the highly prospective Lachlan Fold Belt • Discovery Ridge holds 8Mt at 1.5 g/t for 400 koz Au1. • Historical mineralised intersection at Kings Plains (across the road from McPhillamy's). • Significant exploration poten
Slide 32: Greenfields Exploration – Still a Key Activity
Greenfields Exploration – Still a Key Activity Greenstone Belts - The longer you explore, the more you find Kalgoorlie- Norseman Belt Belt Ounces >90% ownership of Laverton Belt 160Moz entire belts 40Moz Yilgarn Craton Leonora Murchison -Wiluna 35Moz Belt 32Moz Albany Fraser Southern Archean Belt Cr
Slide 33: Outlook
Outlook 33
Slide 34: The Future Of Our Current Producing Assets
The Future Of Our Current Producing Assets A business with scale and multiple organic growth options We continue to focus on producing sustainable and profitable ounces from our current assets Producing sustainable and profitable ounces • Ramp up third underground mine (Garden Well Main) • Grow to a
Slide 35: Regis Resources - A Golden Opportunity
Regis Resources - A Golden Opportunity Unhedged and debt free, Regis’ consistent operational performance continues to generate cash ✓ Regis is circa $517M net cash and bullion positive ✓ Clear ongoing cash generating capacity, delivering $662M1 since Dec 2023 ✓ Continue to progress against its growt
Slide 36: Further information
Further information Jeff Sansom Head of Investor Relations and External Affairs + 61 (0) 473 098 856
Slide 37: Group Mineral Resource Table – Regis Attributable
Group Mineral Resource Table – Regis Attributable Group Mineral Resources as at 31 December 2024 (Regis attributable, inclusive of Ore Reserves) Measured Indicated Inferred Total Resource Cut-Off Project1 Equity Type Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Me
Slide 38: Group Ore Reserve Table – Regis Attributable
Group Ore Reserve Table1 – Regis Attributable Group Ore Reserves as at 31 December 2024 (Regis attributable) Proved Probable Total Ore Reserve Cut-Off Project1 Equity Type Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal (g/t)2 (Mt) (g/t) (koz) (Mt) (g/t) (koz)
Slide 39: FY25 – Another year of consistent delivery
FY25 – Another year of consistent delivery • Solid operational performance across Duketon and Tropicana. • FY25 Group production at top end of the range and AISC at the bottom of the range. FY25 Actual FY25 Guidance Production (koz) 373 350 – 380 AISC ($/oz)1 2,531 2,440 – 2,740 Growth Capital ($M)