First Quantum Minerals Ltd. · TSX:FM
First Quantum Minerals — TD Cowen Global Mining Conference 2026
11 slides from First Quantum Minerals's conference presentation, Jan 29, 2026
Slide 1: TD Cowen Global Mining Conference
TD COWEN GLOBAL MINING CONFERENCE January 27 - 29, 2026 TSX FM
Slide 2: Copper-Focused Producer
Toronto | CANADA London | UK ÇAYELI | Cu Zn | Türkiye COPPER-FOCUSED PRODUCER COBRE PANAMÁ | Cu Au | PANAMA GUELB MOGHREIN | Cu Au | MAURITANIA (Preservation & Safe Management) 2025 Revenue LA GRANJA | Cu | PERU by Commodity KANSANSHI | Cu Au | ZAMBIA SENTINEL | Cu | ZAMBIA HAQUIRA | Cu | PERU Gold
Slide 3: 2026 Priorities
2026 PRIORITIES Continued Safe Ramp-up of Proactive and Productive Kansanshi Management of Operational S3 Expansion Balance Sheet Performance Advance Advance Cobre Panamá Greenfield to Resolution Projects 3
Slide 4: The Right Assets
KANSANSHI SENTINEL COBRE PANAMÁ Solwezi, Zambia Kalumbila, Zambia Colón Province, Panama THE RIGHT ASSETS FQM Zambia Top 10 global copper complex with vertically integrated production ◆ 80% ownership1 ◆ 100% ownership ◆ 91% ownership ◆ Open Pit (Cu, Au) ◆ Open Pit (Cu) ◆ Open Pit (Cu, Au) ◆ 52 Mtpa
Slide 5: Track Record of Project Delivery
Benefits of In-House Projects Team Flexibility to adapt the execution of Ability to scrutinize costs a project and deliver projects more efficiently TRACK RECORD OF DELIVERING PROJECTS AT LOW PROJECT DELIVERY CAPITAL INTENSITY Smooth transition from development to Learnings from each project commiss
Slide 6: Extensive Growth Optionality
TACA TACA LA GRANJA HAQUIRA Salta Province, Argentina Cajamarca, Peru Apurimac, Peru EXTENSIVE GROWTH OPTIONALITY World-class undeveloped copper resources with the potential to support multidecade operations ◆ 100% ownership ◆ 55% ownership (operator) ◆ 100% ownership ◆ Cu, Au, Mo ◆ Partnership with
Slide 7: The Critical Role of Copper
ENERGY DIGITAL THE CRITICAL ROLE TRANSITION INFRASTRUCTURE OF COPPER >4.6 Mtpa of copper Al power demand Delivering copper and nickel, needed by 2035 to to reach 2,200 TWh of meet renewable power by 2035; Grid infrastructure metals essential to socioeconomic and EV demand will require 1.1 Mt develop
Slide 8: Doing Business the Right Way
PRIORITIZING TANGIBLE STEPS TO SOCIAL RESPONSIBILITY REDUCE EMISSIONS DOING BUSINESS Community relationships based on transparency, respect, and trust ~10 kms Electric trolley-assist lines in Zambia THE RIGHT WAY $28 million 28 schools supported and +140,000 tonnes CO2e saved annually through pit e
Slide 9: Why First Quantum?
WHY FIRST QUANTUM? WORLD-CLASS PROVEN GREENFIELD ASSETS SELF-BUILD TEAM OPTIONALITY Top 10 global copper In-house team with a track Three of the 15 largest producer with a focus on record of building and greenfield projects reside operational excellence delivering large and within the First Quantum
Slide 10: fqml.com
TSX FM info@fqml.com 416-361-6400 | 1-888-688-6577 fqml.com
Slide 11: Cautionary Statement on Forward-Looking Information
CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. The forward-looking information
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