Collective Mining Ltd · TSX:CNL

Collective Mining — Investor Presentation (March 2026)

32 slides from Collective Mining's investor presentation, March 2026

  1. Slide 1: Corporate Presentation March 2026

    ——~ (Wy COLLECTIVE =a ME NeLN: G2 - Corporate Presentation ~ Z J _ _X @Collectiveminit | @Ariski73 (Ari Sussman) ) NYSE &TSX: CNL ge ° = ’ i wil py ge at Y 6 : = ‘ x = et ; ett March 2026

  2. Slide 2: Disclaimer

    Disclaimer This presentation does not constitute an offering of securities and the information contained herein is subject to the information contained in the Company's continuous disclosure documents. All amounts expressed in Canadian $ unless otherwise stipulated. Forward-looking Statements This p

  3. Slide 3: Track Record of Creating Value in Colombia

    Track Record of Creating Value in Colombia The Collective Edge Founded Continental Gold which discovered, built and ultimately sold the largest gold mine in Colombia to Zijin Mining in 2020. Well trusted, knowledgeable and successful Buriticá Mine management team in Colombia. Highly specialized tale

  4. Slide 4: Capital Structure and Analyst Research

    Capital Structure and Analyst Research Analyst Research Coverage Firm: Clarus Securities Inc. Common Shares Outstanding 92.3M Analyst: Varun Arora, MBA Target price: C$40.00 Stock Options 5.0M Firm: BMO Capital Markets Fully Diluted Shares Outstanding 97.3M Analyst: Andrew Mikitchook Target price: C

  5. Slide 5: Board of Directors and Key Management

    Board of Directors Key Management Ned Jalil Ari Sussman, Executive Chairman CEO Former CEO and director of Continental Gold, which was sold to Zijin Former Chief Technical Officer at Kinross Gold with 25+ years Mining for $2 billion. Raised over $1 billion for various mining related leading global g

  6. Slide 6: Colombia: A Well Established Mining Jurisdiction

    Colombia: A Well Established Mining Jurisdiction Cerro Matoso Project Company Commodity Stage Type Cerrejón CoreX Cerro Matoso Ni Production Open-pit Holdings El Descanso Cordero Cerrejón Glencore Coal Production Open-pit Buriticá San Antonio El Descanso Drummond Coal Production Open-pit Segovia El

  7. Slide 7: Caldas: The Most Desirable Mining State in Colombia

    Caldas: The Most Desirable Mining State in Colombia 500+ year mining history – Pro-mining area of Colombia Industrial based economy with excellent infrastructure High level of education Excellent security 7

  8. Slide 8: Operating in an Established Mining Camp Next to a Producing Mine

    Operating in an Established Mining Camp Located Contiguous to a Multi-Million Ounce Producing Mine Option to earn 100% interest in the Guayabales and San Antonio projects. Located next to Aris Mining’s multi-million-ounce Marmato project which is currently in construction. District never consolidate

  9. Slide 9: Guayabales Project

    2 _Guayabales Project 4, | (Wy COELECTIVE — MT NEN CG ————

  10. Slide 10: Guayabales: Three Targets to be Drilled in 2026

    Guayabales: Three Targets to be Drilled in 2026 (up to 100,000 Metres) 10 permitted & operating mines in a 3km area within an established mining camp. Multiple discoveries made through reconnaissance drilling since 2022. 165,000+ meters of drilling completed. 10

  11. Slide 11: Deep Drilling Aligns with Potential Future Development

    Deep Drilling Aligns with Potential Future Development Please note that no engineering studies have been commissioned to assess the viability of the tunnel and that the image depicted is included for illustrative purposes only. 11

  12. Slide 12: Apollo System: Large-Scale & Growing

    Apollo System: Large-Scale & Growing; 110,500m (244 holes) Completed One Large System with Two Different Host Rocks • Breccia system with shallow bulk tonnage Au-Ag- Cu-W mineralization located above a deeper Reduced Intrusion Related System (Au-w/ minor Bi-Te) • Hanging Wall Vein System: Sheeted ve

  13. Slide 13: Apollo System Section: High-Grade Continuity from Surface

    Apollo System Section: High-Grade Continuity from Surface Please note that no engineering studies have been commissioned to assess the viability of the tunnel and that the image depicted is included for illustrative purposes only. 13

  14. Slide 14: Upper Apollo System: High-Grade Continuity from Surface

    Upper Apollo System: High-Grade Continuity from Surface Three different metal rich areas over top 1,000m from surface 14

  15. Slide 15: Ramp Zone: High-Grade and Growing Rapidly

    Ramp Zone: High-Grade and Growing Rapidly • High-grade Reduced Intrusion Related Gold System discovered at Apollo’s depth • Up to six drill rigs dedicated to the Ramp Zone in 2026 • Highest grade intercepts to date are the deepest drilled • Open in all directions at depth within the Apollo breccia b

  16. Slide 16: Ramp Zone: Plan View at 750 MASL

    Ramp Zone: Plan View at 750 MASL; Significant Upside Potential • Only 300m of up to 1,500m of the outer breccia donut has been tested to date for Ramp Zone style mineralization • Initial hole to the western side of the breccia donut completed; assays pending • 2026 drilling will test all around the

  17. Slide 17: Ramp Zone: 310m Vertical Confirmed; Highest Grades in Deepest Holes

    Ramp Zone: 310m Vertical Confirmed; Highest Grades in Deepest Holes • 2026 drilling to test Ramp Zone down to at least to 400MASL • Highest grades to date in the zone at the deepest elevations. Will it continue? 17

  18. Slide 18: Apollo vs Marmato: Two Giants Side by Side

    Apollo vs Marmato: Two Giants Side by Side **Please refer to disclaimer slide #2 for cautionary statement. 18

  19. Slide 19: Apollo: Hanging Wall Vein Zone

    Apollo: Hanging Wall Vein Zone; Potential for Big Growth in 2026? 19

  20. Slide 20: Trap System: Second Major Discovery

    Trap System: Second Major Discovery; Drilling in Q2 2026 Major drill program to begin in Q2 2026. High-grade sheeted CBM vein system discovery. Modelling points to a potential Cu-Au porphyry system in the north. 1.4 kilometers of strike and open for further expansion. 20

  21. Slide 21: San Antonio Project

    - San Antonio Project YSE & TSX: —— MI NIN G—— 3 fe sy. i = NY) COLLECTIVE

  22. Slide 22: San Antonio: Ideally Located with One Drill Turning

    San Antonio: Ideally Located with One Drill Turning Phase I drilling resulted in the discovery of a high-grade vein system sitting above a mineralized porphyry system. 22

  23. Slide 23: San Antonio: High-Grade Veins Sitting Above a Porphyry

    San Antonio: High-Grade Veins Sitting Above a Porphyry 23

  24. Slide 24: San Antonio: High-Grade Vein Discovery

    San Antonio: High-Grade Vein Discovery with Significant Dimensions and Open 24

  25. Slide 25: Upcoming Catalysts: Up to 100,000 Metre of Drilling in 2026

    Upcoming Catalysts: Up to 100,000 Metre of Drilling in 2026 Guayabales Project (Up to 14 Drill Rigs) Apollo: Drilling focused on expanding the 1 high-grade Ramp Zone at depth, the Northern Hanging Wall System and infill Apollo. Trap: Surface work vectoring to the porphyry 2 source ahead of drilling

  26. Slide 26: Sustainability: The Collective Model – Dialogue Platform

    Sustainability: The Collective Model – Dialogue Platform Multi-stakeholder platform focused on energy efficiency, conservation, social, economic and infrastructure development. Key achievements to date: Energy transition as one of the articulating axes of the process. 27/33 signatories to the volunt

  27. Slide 27: Sustainability Best Practices

    Sustainability Best Practices Partnerships to Strengthen Our Communities 2025 a Year of Success University of Caldas Alliance Strategic alliance with the Over US$1M directly invested in Jointly implementing academic Coffee Growers Committee of social programs, benefiting more and research projects f

  28. Slide 28: Appendix

    : a» Discovering Colombia’s Next World-Class Mineral Depo i ®, www.collectivemining.com > Xx @CollectiveMini1 Xx “@Ariski73 (Ari Sussman) COLLECTIVE MANNS iz

  29. Slide 29: Guayabales: A Major Complex with Significant Dimensions

    Guayabales: A Major Complex with Significant Dimensions 29

  30. Slide 30: Apollo System: Select Drill Results

    Apollo System: Select Drill Results 30

  31. Slide 31: Apollo: Outcropping in High-Grade Oxide Mineralization

    Apollo: Outcropping in High-Grade Oxide Mineralization High-Grade Au-Ag-Cu-Wo3 System 31

  32. Slide 32: Plutus Target: Deep Drilling Planned

    Plutus Target: Deep Drilling Planned Plutus Porphyry Center South: Large coincidental copper & molybdenum in-soil anomaly lying above a magnetic high. Located approximately 1.5 km north of the Marmato mine. North: Breccia discovery (2023) • 136.45m @ 1.31 g/t AuEq Reconnaissance drill program on sou

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