East Star Resources Plc · LSE:EST

East Star Resources — Investor Presentation (June 2026)

15 slides from East Star Resources's investor presentation, June 2026

  1. Slide 1: Unlocking Kazakhstan's Copper and Gold Potential

    Unlocking Kazakhstan’s LSE:EST Copper and Gold eaststarplc.com Potential June 2026 Gold exploration Verkhuba copper partner development partner FTSE 100: EDV | Market Cap: c£10bn EPCM + O | 2,500+ served mines

  2. Slide 2: Exposure to Multiple Stages of the Development Cycle

    Exposure to Multiple Stages of the Development Cycle Corporate Snapshot INVESTOR PRESENTATION FTSE 100 Endeavour Mining is Market Cap @ 4.1p: £23.1m* largest shareholder with 14.3% Total Shares: 550,012,922 Board is 2nd largest shareholder with >10% 4% Staff Options/LTIPS avg 3.1p exercise price 1.1

  3. Slide 3: Kazakhstan is a World Class Exploration/Mining Jurisdiction

    Kazakhstan is a World Class Exploration/Mining Jurisdiction Safe and globally significant minerals and precious metals producer Mining Code modelled off Western Australia’s Highly developed infrastructure connecting to global markets Kazakhstan provides scope for high profit margins World’s lowest c

  4. Slide 4: Partner and Stand Alone Projects

    Partner and Stand Alone Projects WORLD-CLASS PARTNERS • Verkhuba VMS Copper Development • JORC MRE of 20.3 Mt @ 1.5% CuEq • Global EPCM contractor Xinhai to fund to production for 70% ownership – US$65m est. investment – East Star fully carried • Gold exploration • FTSE 100 Endeavour Mining entering

  5. Slide 5: VMS Copper Projects

    VMS COPPER PROJECTS Rudny Altai Region Low-Cost Development • Two Soviet deposits – one partner-funded to production (Verkhuba) • Potential for new discoveries in 2026 • Smelter on rail, 2km from East Star’s Rulikha target • Roads, power, water INVESTOR PRESENTATION already at site • International a

  6. Slide 6: Verkhuba Copper Deposit Funded to Production

    PARTNER-FUNDED DEVELOPMENT Verkhuba Copper Deposit Funded to Production Global EPCM powerhouse, Xinhai, to fund to production for 70% ownership INVESTOR PRESENTATION • Binding HoA to finance and complete development • US$65 million estimated investment for 70% • East Star fully carried to production

  7. Slide 7: Xinhai Mining is a Global Construction & Mining Powerhouse

    PARTNER-FUNDED DEVELOPMENT Xinhai Mining is a Global Construction & Mining Powerhouse Nueva Sabanna gold-copper Cuba Copper, Gold mine Dokwe gold project Zimbabwe Gold Pantanillo gold project Chile Gold Nachu graphite mine Tanzania Graphite Araxá niobium-REE project Brazil Niobium, REE INVESTOR PRES

  8. Slide 8: VMS Copper Exploration Pipeline

    100% EAST STAR VMS TARGETS VMS Copper Exploration Pipeline • 2 VMS targets, both proximal to mines/deposits • Same geological units as high- grade producing mines in the region • Large, strong IP anomalies • Recent drilling indicates INVESTOR PRESENTATION proximity to source • 120m of disseminated s

  9. Slide 9: Rulikha Deposit Showing High Grade & Tonnes

    100% EAST STAR VMS TARGETS Rulikha Deposit Showing High Grade & Tonnes Pit constrained Exploration Target of >550,000 CuEq tonnes at 2.5% CuEq Tonnage Cu (%) Contained Au (g/t) Au (koz) Zn (%) Zn (kt) Ag (g/t) Ag (Mt) Cu (Kt) (Moz) • Near-surface, high-grade copper Lower 15 1% 150 0.1 48 0.8% 120 5

  10. Slide 10: +$25M Exploration Joint Venture with Endeavour Mining

    PARTNER-FUNDED EPITHERMAL GOLD EXPLORATION +$25M Exploration Joint Venture with Endeavour Mining Top 10 global producer and highly experienced explorer/developer/operator Endeavour to Fund: • Stage 1: US$5 million for 51% • Stage 2: US$20 million for 70% • Stage 3: Pre-Feasibility Study for 80% INVE

  11. Slide 11: Pipeline of Prospective Projects

    100% EAST STAR PORPHRY / GOLD Pipeline of Prospective Projects • Snowy 4 km long x 1 km wide Au + Ag soil anomaly with vein samples up to 1.44g/t at surface • Piket 8 km x 3 km Advanced Argillic Altered lithocap with porphyry geochemical signature • ‘Symbyl 2 Prospect identified as priority target,

  12. Slide 12: 2026 is the Time to Make Discoveries and Advance to Production

    2026 is the Time… Key Catalysts: • Progress update on Verkhuba …To Make • New licences in the Endeavour JV • Progress update on Rulikha Discoveries & • Snowy and Piket work programmes • New projects Advance to Production INVESTOR PRESENTATION 12

  13. Slide 13: Board

    Board Sandy Barblett Alex Walker Chris Van Wijk Anthony Eastman Sonia Scarselli Non-Executive Chairman CEO & Director Technical Director Non-Executive Director Director Representative ❖ London based corporate ❖ Mining investment banker ❖ Experienced geologist ❖ London based accountant ❖ Executive VP

  14. Slide 14: LSE:EST eaststarplc.com

    “There are few places in the world where a western mineral framework meets low operating costs and a progressive attitude towards developing resource projects. East Star has already demonstrated efficient exploration success and now has the capability to discover multiple Tier-1 deposits.’’ – Alex W

  15. Slide 15: Disclaimer

    Disclaimer The information contained in these slides and this presentation is being supplied to you by East Star Resources Plc (the “Company”) solely for your information and may not be reproduced or redistributed in whole or in part to any other person. It has been prepared in connection with the p

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