Slide 1: Opportunity to Create One of the Largest Copper Producers in the U.S.
A Lundin Group Company Opportunity to Create One of the Largest Copper Producers in the U.S. CORPORATE PRESENTATION April 2026 TSX: FDY I OTCQX: CPPKF
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Forward-looking Statements: Some of the statements in this presentation, other than statements of historical fact, are “forward-looking statements” and are based on the opinions and estimates of Company management as of the date such statements are made and are necessarily based
Slide 3: Faraday: The Go-To U.S. Copper Developer
FARADAY: THE GO-TO U.S. COPPER DEVELOPER Copper Creek Project, Arizona, USA Significant Cu-Mo-Ag Resource District Combination Copper Creek is a significant and growing Proposed acquisition of the adjacent San Cu-Mo-Ag resource with 4.2 billion Manuel property from BHP pounds of Measured and Indicat
Slide 4: Backed by the Best in Copper
BACKED BY THE BEST IN COPPER Two of the World’s Leading Copper Groups as Strategic Shareholders LUNDIN GROUP BHP GROUP Multi-Generational Track Record as Mine Builders One of the World's Largest Mining Companies ~18% Ownership (Lundin Family Trust) ~30% Strategic investor Founding sponsor, aligned w
Slide 5: Faraday Copper: Corporate Overview
FARADAY COPPER: CORPORATE OVERVIEW Analyst Coverage Ownership Rene Cartier Institutions: 29% Dalton Baretto 27% 29% Strategic Shareholders: 20% Pierre Vaillancourt Lundin Family Trust: 18% 2% Insiders: 4% Andrew Dusome 4% BHP: 2% Derick Ma 20% 18% Other: 27% Under Review FDY Share Price (C$) and Vol
Slide 6: Proposed Acquisition of BHP's San Manuel Property
Proposed Acquisition of BHP’s San Manuel Property
Slide 7: Consolidating a Major U.S. Copper District
CONSOLIDATING A MAJOR U.S. COPPER DISTRICT Non-binding Letter of Intent: Faraday to Acquire San Manuel Property from BHP Phoenix Globe Miami ARIZONA Pinto Valley N U.S. San Manuel Resolution Deposit Ray Copper Creek Project Florence Morenci Cactus Hayden Smelter Safford Lone Star Kalamazoo Santa Cru
Slide 8: Building a Multi-Generational Copper Project
BUILDING A MULTI-GENERATIONAL COPPER PROJECT Opportunity to Create one of the Largest U.S. Copper Producers Proposed acquisition: Faraday to acquire the San Manuel property from Aerial view looking east BHP for 30% equity ownership in Faraday 1 Significant Resource Potential Opportunity to unlock va
Slide 9: Historic Copper Producer
HISTORIC COPPER PRODUCER Large Resource with Exploration Upside ▪ Mining commenced in 1955 from underground, followed by open pit and in situ leach operations ▪ Reached steady state production rate of 58 ktpd (21 Mtpa) ▪ Processed approximately 800 Mt at 0.66% copper producing more than 4,500 Kt cop
Slide 10: Significant Value to Be Unlocked
SIGNIFICANT VALUE TO BE UNLOCKED Opportunity to Create One of the Largest Copper Mines in the U.S. Looking North Contoured Historical Resource 1 Open Pit ▪ Historical resource: Informed Topography by over ~440,000 m of historical drill data San Manuel Kalamazoo Deposit Deposit ▪ District combination
Slide 11: Copper Creek Project
“’| FARADAY COPPER Copper Creek Project. ‘
Slide 12: Copper Creek: Key to Unlocking the District
COPPER CREEK: KEY TO UNLOCKING THE DISTRICT Open Pit Potential at Copper Creek Unlocks San Manuel Underground ▪ Copper Creek is a significant and growing Cu-Mo-Ag ISOMETRIC VIEW, LOOKING NORTHEAST resource with 4.2 billion pounds of Measured and Indicated copper resources Globe Childs Open Pit Bald
Slide 13: Drilling at the American Eagle Area
DRILLING AT THE AMERICAN EAGLE AREA ▪ Phase III intersected significant near- surface mineralization: N Post Office ▪ Multiple breccia discoveries, Jailhouse including high-grade Banjo Courthouse breccia ▪ Drilling was restricted due to Winchester Banjo only nine available pads American Eagle ▪ Phas
Slide 14: American Eagle Area: Phase III Highlights
AMERICAN EAGLE AREA: PHASE III HIGHLIGHTS Drilling Focus: Drill Hole A American Eagle Area Assay Results Mammoth Copper Grade (%) A’ FCD 24-074 50.20 m at 0.74% Cu, >2.00 0.62 g/t Ag, from 46.20 m 1.00 0.31 FCD 24-069 0.20 29.08 m at 0.62% Cu, 0.13 1.14 g/t Ag, from 145.69 m 0.00 FCD 24-081 FCD 24-0
Slide 15: Copper Creek District: Exploration Upside
COPPER CREEK DISTRICT: EXPLORATION UPSIDE ▪ Strong exploration potential with a portfolio of targets N ▪ Numerous prospective breccias Holy Joe Fault ▪ Potential for new porphyry centres Open Pit ▪ Multiple geophysical and Resource Area geochemical anomalies ▪ Targeting is ongoing ▪ Geological mappi
Slide 16: A Shrinking Pool of Quality Copper Projects
A SHRINKING POOL OF QUALITY COPPER PROJECTS Declining Discoveries, Rising Demand: Few Junior-Owned Projects Remaining Major Copper Discoveries Are Collapsing Junior-Held Copper Projects Are Disappearing Total volume of discovered copper per year group (MMt) Recent M&A has removed key names from the
Slide 17: Faraday: The Go-To U.S. Copper Developer
FARADAY: THE GO-TO U.S. COPPER DEVELOPER Transformational Supported by Key Scale and Multi-Decade Acquisition Strategic Shareholders Copper Production Potential to consolidate a multi- C$100 million Financing with Opportunity to create one of the generational project in Arizona at a participation by
Slide 18: Appendix
FARADAY COPPER Appendix
Slide 19: Leadership
LEADERSHIP Management Independent Directors Graham Richardson Dr. Thomas Bissig Audra Walsh Robert Doyle Chief Financial Officer VP Exploration Currently VP South America Bus Prev: CFO, Pan Paul Harbidge Prev: Goldcorp / Newmont Prev: Goldcorp / Newmont Russell Ball Unit, Hudbay; Prev: CEO, MATSA Am
Slide 20: Building Momentum at Faraday
BUILDING MOMENTUM AT FARADAY Track Record of Execution President and CEO Paul Harbidge appointed, assembled a new management Sept 2021 team to re-start technical work Jul 2022 Mineral Resource Estimate (“MRE”) Nov 2022 Commenced trading on TSX Jan 2023 Intersected massive sulphide below Copper Princ
Slide 21: BHP Letter of Intent: Transaction Terms
BHP LETTER OF INTENT: TRANSACTION TERMS Non-binding Letter of Intent to acquire 100% of the San Manuel property from Proposed Transaction BHP Faraday will issue common shares to BHP representing 30% of Faraday on a Consideration fully diluted basis at closing Closing will be governed by the terms of
Slide 22: Copper Creek: Mineral Resources (2023)
COPPER CREEK: MINERAL RESOURCES (2023) Grade Contained Metal Category Tonnes (Mt) Cu Mo Ag CuEq 1 Cu Mo Ag CuEq 1 (%) (%) (g/t) (%) (Mlb) (Mlb) (Moz) (Mlb) Open Pit (OP) Measured 67.2 0.48 0.008 1.2 0.51 710.5 12.5 2.6 751.1 Indicated 59.9 0.31 0.008 0.6 0.33 412.9 10.1 1.1 440.5 Measured and 127.1
Slide 23: Copper Creek: Notes to Mineral Resources
COPPER CREEK: NOTES TO MINERAL RESOURCES ▪ CuEq: Copper equivalent; g/t: Grams per tonne; Mlb: Million pounds; Moz: Million troy ounces; Mt: Million tonnes ▪ The mineral resources in this estimate were prepared in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Stand
Slide 24: Contact Information
CONTACT INFORMATION STACEY PAVLOVA, CFA Suite 2800, 1055 Dunsmuir Street VP Investor Relations PO Box 49225 778-730-1067 Vancouver, BC Canada info@faradaycopper.com www.faradaycopper.com