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“ASPIRE 400”; THE TRUSTED AUSTRALIAN GOLD MINER ANNUAL GENERAL MEETING 13 NOVEMBER 2025 LONG ORE…For personal use only
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Not an Offer and Not Financial Product Advice This Presentation does not constitute or contain an offer, invitation, solicitation or recommendation with respect to the purchase or sale of any security in Genesis. This Presentation is not a disclosure document under Australian law or under any other law and does not purport to contain all the information any reader or prospective investor may require to make an investment decision and does not contain all the information required by Australian law or any other law to be disclosed in a prospectus. This Presentation may not be released to US wire services or distributed in the United States. The distribution of this Presentation in the United States and elsewhere outside Australia may be restricted by law. Persons who come into possession of this Presentation should observe any such restrictions as any non-compliance could contravene applicable securities laws. Forward Looking Statements Some statements in this Presentation regarding estimates or future events are forward-looking statements. They include indications of, and guidance on, future matters. Forward-looking statements include, but are not limited to, statements preceded by words such as “planned”, “expected”, “projected”, “estimated”, “may”, “scheduled”, “intends”, “anticipates”, “believes”, “potential”, “could”, “nominal”, “conceptual” and similar expressions. Forward-looking statements, opinions and estimates included in this Presentation are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based on interpretations of current market conditions. Forward-looking statements are provided as a general guide only and should not be relied on as a guarantee of future performance. Forward-looking statements may be affected by a range of variables and risks that could cause actual results to differ from estimated results and may cause Genesis’ actual performance and financial results in future periods to materially differ from any projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include but are not limited to liabilities inherent in mine development and production, geological, mining and processing technical problems, the inability to obtain any additional mine licenses, permits and other regulatory approvals required in connection with mining and third party processing operations, competition for among other things, capital, acquisition of reserves, undeveloped lands and skilled personnel, incorrect assessments of the value of acquisitions, changes in commodity prices and exchange rate, currency and interest fluctuations, various events which could disrupt operations and/or the transportation of mineral products, including labour stoppages and severe weather conditions, the demand for and availability of transportation services, the ability to secure adequate financing and management’s ability to anticipate and manage the foregoing factors and risks. These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. There can be no assurance that forward-looking statements will prove to be correct. Accordingly, prospective investors should not place undue reliance on forward-looking statements. Any forward-looking statements are made as of the date of this presentation, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, unless otherwise required by law. Competent Person’s Statements The information in this Presentation that relates to: • Exploration Results for Gwalia, Jupiter and Admiral are extracted from Genesis' ASX announcement 11th November 2024 "Strong drill results support accelerated growth“, 8th April 2025 "Reserves rise to 3.7Moz, underpinning ASPIRE 400 strategy“ and 1st September 2025 “Drilling results at Laverton and Leonora support organic growth” and are available at https://genesisminerals.com.au/investor-centre/announcements/ . The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements, and in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. • Exploration Results for Tower Hill are extracted from Genesis' ASX announcement 21st March 2024 "Growth strategy underpinned by robust Reserves“ and is available at https://genesisminerals.com.au/investor-centre/announcements/.The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements, and in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. • Exploration Results for Beasley Creek are extracted from Genesis' ASX announcement 1st September 2025 “Drilling results at Laverton and Leonora support organic growth” and is available at https://genesisminerals.com.au/investor-centre/announcements/. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements, and in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. • Mineral Resource and Ore Reserve estimates for Genesis’ assets (excluding the Focus Laverton assets) is extracted from Genesis' ASX announcement dated 8th April 2025 “Reserves rise to 3.7Moz, underpinning ASPIRE 400 strategy" available at www.genesisminerals.com.au and www.asx.com.au. • The information relevant to the Mineral Resource and Ore Reserve estimates for Genesis are extracted from Genesis' ASX announcement dated 8th April 2025 “Reserves rise to 3.7Moz, underpinning ASPIRE 400 strategy" and Appendices A and B of Genesis ASX announcement 10th June 2025 "Corporate Presentation - Focused" and are available at https://genesisminerals.com.au/investor-centre/announcements/. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements, and in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement. • The information in this report that relates to the JORC 2004 Mineral Resources for the Laverton Gold Project is based on information compiled by Mr Timothy Sanders, a Competent Person who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Timothy Sanders is a full-time employee of Genesis Minerals Limited and holds securities in the Company. Mr Timothy Sanders has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Timothy Sanders consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. • Production Targets for the Genesis projects are extracted from Genesis' ASX announcements 21st March 2024 "Growth strategy underpinned by robust Reserves“, 2nd September 2024 “Genesis increases FY25 production outlook”, 8th April 2025 "Reserves rise to 3.7Moz, underpinning ASPIRE 400 strategy“ and 21st August 2025 “Abundant cashflow and +4Moz Reserve sets up GMD for growth”. References in this Presentation to "Resources" are to Mineral Resources estimates and references to "Reserves" are to Ore Resource estimates. Mineral Resources in this Presentation are inclusive of Ore Reserves. No Liability Genesis Minerals Limited has prepared this Presentation based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in this announcement. To the maximum extent permitted by law, none of Genesis Minerals Limited, its directors, officers, employees, associates, advisers and agents, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this announcement or its contents or otherwise arising in connection with it. Release authorised by: Raleigh Finlayson, Managing Director, Genesis Minerals Limited. Important information 2 For personal use only
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Key metrics (ASX: GMD)1 Shares on issue 1,141m1 Share price A$6.195 Market capitalisation A$7.1B5 Cash and equivalents (30th Sep 2025) A$363m2 Bank debt (30th Sep 2025) A$100m Liquidity 30-day ADV 5.9m shares Index inclusions ASX100, MSCI Small Cap, GDX, GDXJ Hedging (30th Sep 2025) Zero cost collars 30koz (A$3,580 to A$4,661/oz)3,4 Board Non-Executive Chairman Tony Kiernan Managing Director Raleigh Finlayson Executive Director Duncan Coutts Non-Executive Director Michael Bowen Non-Executive Director Gerry Kaczmarek Non-Executive Director Jane Macey Non-Executive Director Jacqueline Murray Executive Chief Financial Officer Morgan Ball Chief Operating Officer Matt Nixon Corporate Development Officer Troy Irvin General Manager - People and Culture Kellie Randell Ownership - Geographic 1. Excludes ~25.8m unquoted securities (~690k options at various exercise prices, ~13.5m retention rights, ~29k share rights and ~10m performance rights); 2. Cash and equivalents are before payment of ~A$15m transaction costs relating to the acquisition of Focus’ Laverton assets (payment anticipated in 2026); 3. Weighted average collar and cap prices; 4. Additional gold price protection via 54koz put options @ A$3,700/oz for cas h outlay of A$4.2m. 5.Market capitalisation at 12 th November 2025 Board and Executive own ~3% Corporate overview Ownership - Substantials 3 60%15% 2% 4% 1% 18% Institutional - Australia Institutional - North America Institutional - UK Institutional - Europe (ex-UK) Institutional - Asia Retail 17.6% 6.9% 6.8% 5.0%63.7% AustralianSuper State Street Van Eck Vanguard Other For personal use only
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4 From concept to a leading ASX gold producer in 4 years: ASX producer peer group (market cap >A2$b5) NEW MANAGEMENT GOLD EXPLORER ~A$150m market cap 1.6Moz Resources No Reserves No production Foundation (strategic) assets included Ulysses and Admiral deposits CONCEPT “Open for business” strategy unveiled VISION = “The premium Australian gold miner - Sustainable, high quality, +300koz pa” COUNTER-CYCLICAL M&A Dacian Gold takeover bid announced Acquired assets included 2.9Mtpa Mt Morgans mill and Jupiter open pit mine Acquisition cost ~A$140m1 ~A$56 / Resource oz A$172m of milling infrastructure (2016-2018)2 COUNTER-CYCLICAL M&A Purchase of St Barbara’s Leonora assets announced Acquired assets included Gwalia underground mine, 1.4Mtpa Leonora mill, Tower Hill project Acquisition cost ~A$631m3 A$60 / Resource oz NEW GOLD PRODUCER A$1.5b market cap 15.0Moz Resources 3.9Moz Reserves ASX200 admission Building track record of execution - Met guidance in first 12 months to 30 June 2024, >20% reduction in TRIFR ASPIRE 400; UPDATED LONG- TERM PLAN JUNE H 2026 FY25: Production 214koz, mine operating cash flow A$360m Acquired Focus’ Laverton assets Acquisition cost A$250m4 A$63 / Resource oz ASX100 admission ~A$7b5 market cap SEPTEMBER 2021 APRIL 2022 JULY 2022 APRIL 2023 JULY 2023 TODAY… 1. Blended price - Refer to Genesis ASX announcement 5th July 2022 “Acquisition of Dacian Gold and Capital Raising” (acquisition of initial 80% of Dacian) and Genesis ASX announcement 16th October 2023 “Recommended offer to acquire remaining 20% of Dacian”; 2. Mt Morgans Feasibility Study 21 st November 2016; 3. Refer to ASX announcement 15th May 2023 “Genesis on track to acquire St Barbara Leonora assets”; 4. Refer to ASX announcement 26th May 2025 “Acquisition of Laverton Gold Projects”; 5.Market capitalisation at 12th November 2025. The journey thus far… 0 5 10 15 20 25 30 35 40 Northern Star Evolution Genesis Perseus Ramelius Capricorn Greatland Westgold Vault Regis Emerald West African Ora Banda Resolute Pantoro For personal use only
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“The trusted Australian gold miner - Progressive, high quality, +400koz pa*” Fill the vacuum with premium “Aussie-leader” characteristics Our Core Values drive our culture and leadership - “ASPIRE” Accountable Sustainable People First Integrity Results Empower DELIVER SUPERIOR TSR VISION AND VALUES Discipline first - Track record of sensible accretive M&A Strategy, process, team / capabilities, quality, value per share Key tenet is to up-tier the portfolio Constantly ranking assets we own v assets we don’t own Regional synergies with “home ground advantage” “Bolt-on” opportunities - Leverage existing infrastructure and improve life-of-mine plans Divestment of non-core assets M&A We mine safely - Protecting our people, our environment, our communities “One-stop shop” for career development Remuneration aligned with shareholder returns Strong focus on community engagement Loyal, engaged and committed for the long term Thinking and acting like OWNERS Target = 100% of employees own GMD shares PEOPLE FIRST Relentless focus on operational execution and delivery Industry-leading, profitable production growth Year-on-year Leonora + Laverton to 300koz pa +Tower Hill… “ASPIRE 400” Assets and people in place Sustainable: +300koz for +10 years on Reserves; Exploration PRODUCTION GROWTH Declining all-in sustaining costs Increasing production alleviates industry cost pressures Declining all-in-costs As growth targets are achieved and growth capital rolls-off Structural cost improvement from high grade Tower Hill open pit development “Future-proofing” - Making margins more resilient to price cycles LOWER COSTS PROGRESSIVE ESG * Aspirational goal 5 Plan on a page ASPIRE For personal use only
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People First 2nd Overall Mines Rescue Comp NP Heritage Survey Heritage Survey NAIDOC Week Celebrations Major Golden Gift Sponsor Clean up at Mt Margaret Laverton Race Club SponsorMt Margaret Kids Christmas Signing of Darlot Agreement 6 For personal use only
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Building on strong traditional owner and community relationships: People First 7 We mine safely - Protecting our people, our environment, our communities “One-stop shop” for career development Remuneration aligned with shareholder returns Strong focus on community engagement Loyal, engaged and committed for the long term Thinking and acting like OWNERS Target = 100% of employees own GMD shares PEOPLE FIRST ► Genesis and the Shire of Leonora recently welcomed Hon David Michael - Minister for Mines and Petroleum, Ali Kent - MLA and Verna Vos - Chairperson of Watarra Aboriginal Corporation to outline a shared vision for sustainable growth in the region, including the Rail Infrastructure planning and termination project ► Community Development Agreement between Genesis and the Shire of Leonora signed 28th August 2025 - Reflecting Genesis’ commitment to meaningful, long-term collaboration with the community Community Development Agreement signed Ongoing focus points as Genesis grows with Leonora and Laverton ► Ensuring sustainable, respectful and responsible practices ► Protecting cultural heritage for current and future generations ► Supporting economic development through local business engagement ► Developing local skills and opportunities through education, training and development pathways For personal use only
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-2.4 21.8 FY24 FY25 cps ► Sector-leading ROCE3 (return on capital employed) - Delivered 23% in FY25, up from 5% in FY24 ► Reflects disciplined allocation of capital - Leveraging technical expertise and district intelligence 1Refer Appendix A - Genesis per share metrics; 2After acquisitions; 3ROCE (%) = EBIT / (Total Assets - Total Current Liabilities) - Refer FY24 / FY25 Annual Financial Statements reported to the ASX. Focused on per share metrics1: 8 WHY GMD? We care about our shareholders Production per share Earnings per share Free cash flow2 per share Reserves per share Focused on return on capital: 0.12 0.19 FY24 FY25 oz / 1,000 shares 9.0 20.3 FY24 FY25 cps 3.0 3.8 FY24 FY25 oz / 1,000 shares +59% +126% +27% FY24 +++ For personal use only
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2,250 2,500 2,750 3,000 3,250 3,500 3,750 4,000 4,250 4,500 4,750 5,000 5,250 5,500 Jan-22 Jan-23 Jan-24 Jan-25 WHY GMD? Disciplined 9 1. April 2022 - Genesis 2.0 “Open for business” strategy unveiled 2. July 2022 - Genesis takeover bid for Dacian 3. September 2022 - Genesis gains control of Dacian 4. June 2023 - Genesis acquires St Barbara’s Leonora assets 5. January 2024 - Genesis acquires Kin’s Bruno Lewis and Raeside 6. March 2024 - Genesis announces maiden multi-year Strategic Plan including “ASPIRE 400” accelerated growth strategy 7. September 2024 - FY25 outlook upgraded 8. October 2024 - Laverton mill re-started 6 months early 9. May 2025 - Genesis announces acquisition of Focus’ Laverton assets for A$250m cash 10. August 2025 - FY26 outlook upgraded COUNTER-CYCLICAL M&A GMD Reserve Price A$2,8005 1Blended price - Refer to ASX announcements 5th July 2022 “Acquisition of Dacian Gold and Capital Raising” (acquisition of initial 80% of Dacian) and 16 th October 2023 “Recommended offer to acquire remaining 20% of Dacian”; 2ASX announcement 15th May 2023 “Genesis on track to acquire St Barbara Leonora assets”; 3ASX announcement 14th December 2023 “Genesis to acquire the Bruno-Lewis and Raeside gold projects”; 4ASX announcement 26th May 2025 “Acquisition of Laverton Gold Project”; 5ASX announcement 8th April 2025 “Reserves rise to 3.7Moz, underpinning ASPIRE 400 strategy”. Gold price A$/oz A$56/oz1 A$63/oz4 A$60/oz2 A$88/oz3 Acquisition cost A$/oz “ASPIRE 400” ACCELERATED GROWTH STRATEGY Against the grain: For personal use only
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► Investing to increase resilience to the gold price cycle and de-risk earnings; Active examples include: • Bringing forward capital investment ahead of potential processing plant expansion(s) • Building stockpiles / inventory “buffers” ahead of potential processing plant expansion(s) • CORE VALUE ► Building a track record of meeting / beating production guidance: • June 2024 - Met FY24 guidance (Genesis’ first year as a producer) • September 2024 - Announced upgraded FY25 guidance • June 2025 - Beat FY25 upgraded guidance (Genesis’ second year as a producer) • CORE VALUE 10 WHY GMD? Reliable …supported by long-standing “future-proofing” strategy: Results matter: For personal use only
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TRIFR to 7.9 Female Representation to 23% Indigenous Representation to 3.3% Gold Sales to A$918.7M EBITDA 256% to A$454.1M NPAT 127% to A$221.7M EPS 123% to 20.27c Share Price 145% to $4.30 Cashflow - Operating Activities to A$420.7M WHY GMD? Results - FY251 111. Data current to 30 June 2025 and available in the Company’s FY25 Annual Report For personal use only
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0 2 4 6 8 10 12 14 16 18 20 Genesis Westgold Vault Ramelius Greatland Regis Capricorn Pantoro Catalyst Bellevue Ora Banda Gold Resources Gold Reserves v. current milling capacity: WHY GMD? Long ore Industry-leading Resources and Reserves (Moz)1 1Refer Appendix A - Peer group is ASX-listed mid-cap gold producers (ex-ASX100) with 100% Western Australian production. 12 Wealth of conversion opportunities ► 4.2Moz Reserves (68Mt) implies +15 years mill feed at current 4.4Mtpa rate…or ~10 years assuming ~7Mtpa… ► …studies into staged processing plant expansion(s) continue v. peers: For personal use only
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^4Moz Mineral Resource inclusive of a historical JORC 2004 estimate of 4.8Mt at 1.6g/t equating to 240koz contained gold reported by Focus Minerals Limited and announced by Genesis 1. The Competent Person has not completed sufficient work to classify the historic estimate as mineral resources in accordance with JORC 2012. It is uncertain, following evaluation and/or further exploration work that the historical estimate can be reported as mineral resources in accordance with JORC 2012. ► 18.6Moz Resources (280Mt); After “bolt-on” acquisition of Focus’ 4Moz Laverton Resources^ (54Mt) ► 4.2Moz Reserves (68Mt) ► Baseload - Gwalia, Tower Hill and Jupiter deposits plus “top-ups” ► Two operating mills - Leonora and Laverton; Total 4.4Mtpa 13 WHY GMD? Focused Recently acquired Focus Laverton assets highlighted in blue 100% Leonora / Laverton 1ASX announcement 26th May 2025 “Acquisition of Laverton Gold Project”. Bardoc ~100km 2.9Moz Resources For personal use only
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175 185 190 195 190 170 160 155 150 100 90 110 130 135 150 165 185 200 0 400 800 1,200 1,600 2,000 2,400 2,800 0 50 100 150 200 250 300 350 400 FY25A FY26 FY27 FY28 FY29 FY30 FY31 FY32 FY33 FY34 AISC (A$/oz) Production (koz) Leonora Laverton Upgrade AISC 31 175 85 190 300 325 350 A$2,500 - 2,700 UPGRADE 214 A$2,398 275 UPGRADE Long-term plan to be updated in June half 2026 275 WHY GMD? Growing BASE CASE 10-year plan (March 2024): Genesis group production and cost outlook 1,2,3 FY26 outlook 260 - 290koz at AISC A$2,500 - A$2,700/oz, growth capital A$150-170m, exploration A$40-50m 1Refer GMD ASX announcement 21st March 2024 “Growth strategy underpinned by robust Reserves” for the material assumptions relating to the production target. T here is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources or that the production target itself will be realised; The Company confirms that all the material assumptions underpinning the production target reported in the Company's initial r eport continue to apply and have not changed materially; 2Refer to GMD ASX announcement 21st August 2025 “Abundant cashflow and +4Moz Reserve sets up GMD for growth” for FY26 outlook; 3FY26-29 production at mid-point (within a range of +/-7.5%), FY26 AISC at mid-point (within a range of +/- A$100/oz). *Aspirational goal. “ASPIRE 400” “ASPIRE 400*” “ASPIRE 400*” 14 BASE CASE PLAN assumes current 4.4Mtpa group mill capacity with Tower Hill milled at Laverton (~100km haul / capped at 2Mtpa) “ASPIRE 400” accelerated growth strategy to bring ounces forward and drive progressive economics (more volume, less cost, more cash flow) UPDATED LONG-TERM PLAN set for the June half 2026; Potential elements: ► Updated cost assumptions ► Staged plant expansion(s) ► Tower Hill ore processing at an expanded Leonora mill ► Focus Laverton ore processing at an expanded Laverton mill For personal use only
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Gwalia Resources to Reserve Conversion (drill testing ongoing) 3.4Moz1,2 Gwalia Underground Extensions (up-dip and lateral drilling ongoing) Potential Ulysses Underground Extensions (drill tested to only 350m, pit to underground) Potential Westralia Resource (Resources to Reserves conversion drilling planned) 1.3Moz1 Focus Laverton acquisition (infill and extensional drilling, studies) 2.4Moz3 Tower Hill Open Pit Resource (optimised pit at A$2,800/oz, expansion studies underway) 0.4Moz4 Tower Hill Underground Resource / Transition point (studies underway, drill tested to only 450m) 0.2Moz1 Hub Underground (confirmed by recent drilling, studies next) Potential Gwalia Open Pit Resource (optimised pit at A$2,800/oz) 0.6Moz1 +12Moz upside NOT included in 10-year plan: First ounces: NOW 5 years 10 years Refractory / semi refractory - Aphrodite and Harbour Lights plus acquired Karridale fresh ore5 and Lancefield Main Lode5 (evaluation study planned) ~3.8Moz1,3 1For Genesis Resources and Reserves refer to GMD ASX announcement 8 th April 2025 “Reserves rise to 3.7Moz, underpinning ASPIRE 400 strategy”; 2Derived by subtracting Gwalia Ore Reserves from Gwalia Mineral Resources; 3For Focus Laverton acquisition Resources and Reserves refer to Genesis' ASX announcement 26th May 2025 “Acquisition of Laverton Gold Project" ; 4Derived by subtracting Tower Hill Open Pit Ore Reserve from Tower Hill Open Pit Mineral Resources; 5Refer Appendix G of GMD ASX announcement 10th June 2025 “Corporate Presentation - Focused”. WHY GMD? Growing 15 $ Long ore; Leonora and Laverton staged plant expansion studies underway to bring ounces forward For personal use only
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16 ASSETS - West side ► 1.4Mtpa milling capacity ► 3.0Moz (37Mt) Reserves ► 9.7Moz (120Mt) Resources ► +26-year Reserve life… Mill expansion study underway ► Key projects include: • Gwalia • Ulysses • Tower Hill • Admiral ► Stellar exploration upside on key regional structures LEONORA Current metrics: For personal use only
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1Derived by subtracting Gwalia Ore Reserves from Gwalia Measured and Indicated Mineral Resources. Prolific high-grade, long-life asset, “Quality > quantity”: 17 ASSETS - Gwalia mine ► Focused on high grade “Heart of Gold”…blended with Mid-Levels ► FY26 mined grade anticipated to be in line with Reserve 5.3g/t ► Followed by Rowe Decline (A$120m growth capital) ► New drill results confirm Gwalia’s high-grade pedigree, including: 2.7m @ 192.9g/t, 6.6m @ 37.5g/t, 4.7m @ 41.4g/t, 3.7m @ 48.2g/t, 7.0m @ 25.2g/t, 4.4m @ 39.0g/t ► Extensive opportunities to grow Reserves via conversion of 2.6Moz 1 of Measured and Indicated Resources (not in Reserves) Gwalia long section highlighting drill results For personal use only
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► Ramp-up continues (stoping commenced late December 2024), currently focused on: • Establishment of multiple production fronts • Developing access to the voluminous “Central District” • Establishment of drill platforms for the first underground diamond drilling anticipated early FY26 ► +5 year mine life; Ample geological opportunity - Open at depth, potential repeats Operational strategy unchanged from December 2022 - Two becomes one Gwalia Ulysses full scale2 Combined Annual mining rate Mtpa 0.7 - 0.8 0.6 - 0.7 1.3 - 1.5 Annual gold production kozpa1 120 - 130 60 - 70 180 - 200 Leonora Mill Leonora Mill Leonora Mill Taking the pressure off trucking By combining Ulysses and Gwalia, the additional 650ktpa of mined ore required to fill the Leonora mill results in ~10,000 less trucks up and down the Gwalia decline every year 1Refer GMD ASX announcement 21st March 2024 “Growth strategy underpinned by robust Reserves” for the material assumptions relating to the production target. T here is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of Indicated Mineral Resources or that the production target itself will be realised. 2From late FY26. 18 ASSETS - Ulysses mine At one with Gwalia: SHARED FIXED COSTS1.4Mtpa For personal use only
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Flurry of recent activity: ASSETS - Tower Hill on the move 19 ON TRACK FOR FIRST ORE IN FY28 (refer Appendix C) Further details will be provided in updated long-term plan June half 2026 ► Last quarter alone: • Approval received for the Stage 1 Mining Proposal • Stage 1 Native Vegetation Clearing permit received • Mining Agreement reached with the Darlot People (Native Title) • Operational readiness progressing under Lee Stephens - Including infrastructure planning, road design and environmental management systems ► Rail user agreements (required for Stage 2) imminent ► Project momentum further bolsters the investment case for ongoing staged mill expansion studies For personal use only
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Tower Hill long section ASSETS - Tower Hill development Bringing Tower Hill back home: 20 ► Chain reaction - The recent acquisition of Focus’ Laverton assets enables the high grade 1Moz Tower Hill Reserve to be processed at the Leonora mill ► Tower Hill is just ~1km from the Leonora mill v ~100km haulage to the Laverton mill: • Estimated cost savings of A$225m1 ► Substantial increase in available ore at Leonora (31Mt Reserves equivalent to 22 years of mill feed at the current 1.4Mtpa milling rate)… ► …Further strengthening the investment case for expanding the Leonora mill - Studies continue 1Assuming 100km haulage at a cost of A15c/ tkm for the current 15Mt Reserve. • Shallow, bulk, high grade, 4,000ozpvm opportunity • Single open pit - Strike 1.4km, operating strip ratio 9:1 (Reserve pit, waste:ore) • Underground transition study advancing • Abundance of >200gm drill intercepts 55m @ 3.9g/t, 50m @ 5.0g/t, 51m @ 4.4g/t, 50m @ 4.7g/t, 44m @ 5.4g/t, 49m @ 5.5g/t, 51m @ 4.6g/t, 50m @ 4.8g/t and more • Only drill tested to ~450m depth despite being just 1km from Gwalia (>2km depth) Tower Hill 101 - Grade, scale, optionality For personal use only
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21 ASSETS - East side LAVERTON Current metrics: ► 3.0Mtpa milling capacity ► 1.1Moz (30Mt) Reserves ► 6.0Moz (120Mt) Resources ► 10-year Reserve life … Mill expansion study underway ► Key projects include: • Jupiter • Focus (FML) assets ► Stellar exploration upside on key regional structures For personal use only
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Open pit mining and extensional drilling underway - Baseload next to the Laverton mill: Jupiter long section highlighting drill results► Reserve 7.7Mt @ 0.9g/t for 220koz; Grade expectations - FY26 0.8g/t, increasing year-on- year; Displacing low grade starter feed from legacy stockpile (June quarter 0.4g/t) ► Recent drilling has extended the shear zones to the north-east, with results including 69m @ 3.9g/t, 95m @ 1.7g/t and 44m @ 3.2g/t ► Intersection points of syenite pipes / shear zones = HIGH GRADE SWEETENERS: 9.0m @ 13.8g/t, 18.0m @ 6.6g/t and 9.0m @ 6.4g/t ► Further growth anticipated - Current drilling performing well testing for extensions to the current pit design ► Last mined June 2022 when gold price was less than 1/2 today’s price ASSETS - Jupiter mine 22 For personal use only
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23 ASSETS - Focused ► Recent A$250m cash acquisition consolidates the Laverton assets of Focus and Genesis, including the recently restarted 3Mtpa Laverton mill ► Acquired assets (just ~30km from Genesis’ Laverton mill) unlock significant synergies, including the optimum pairing of deposits and regional processing infrastructure ► 4Moz Resource (inclusive of a 230koz historical 2004 estimate, refer slide 4 for cautionary statement) significantly increases Genesis’ Laverton inventory and portfolio optionality ► Compelling exploration upside - Tenure near-dormant for >10 years despite hosting multi-Moz regional geological structures including the world-class Sunrise Dam and Granny Smith mines Strategic “bolt-on” acquisition of Focus’ Laverton assets: Portfolio optionality - CHAIN REACTION • In-fill and extensional drilling to de-risk and rebuild the Resource • Studies - Optimisation of multiple oxide / transitional pits to feed into Laverton mine plan • Approvals - 99% of Resources and Reserves on granted Mining Leases • Staged mill expansion studies at Leonora and Laverton • Exploration and discovery Next steps at the acquired Laverton assets For personal use only
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Resources 4Moz @ 1.7g/t1,2 and Reserves 546koz @ 1.3g/t1 Historical production ~3.6Moz3; Including ~3Moz at Lancefield (post 2009 Laverton ore was processed at Granny-Smith) Reserves estimated in 2021 Pre-Feasibility Study - Limiting assumptions included: • Processing at the small scale / high-cost Barnicoat mill (1.5Mtpa oxide / transitional only - Care and maintenance since 2009) • Gold price of A$2,207/oz (v spot +A$6,000/oz) Multiple open-pits with low strip ratio opportunities including: • Burtville 1.3:1 • Karridale 7.3:1 Underground upside - All deposits open at depth Site infrastructure includes 42km of haul roads, camp and the Barnicoat mill (no intention to refurbish given proximity to low- cost operating Laverton mill) 24 ASSETS - Focused 1Refer to Appendix B; 2Laverton Gold Project Resource inclusive of historical 2004 estimate, refer slide 4 for relevant cautionary statement; 3Refer to FML ASX Announcements 27th May 2019 “25% Increase in Karridale Gold Deposit’s Mineral Resource” page 2, 28th October 2019 “Resource Upgrade for Telegraph Open Pit Deposit” page 3, 30th January 2020 “Outstanding Results at Beasley Creek South” page 13, 5 th May 2022 “Upgrade for Euro deposits build Laverton Gold Project Resource Base” page 5, 8 th March 2024 “Laverton Gold Project Mineral Resource Updates” page 4 and 18 th January 2022 “Lancefield Far North Maiden Mineral Resource” page 3. Focused 99% of Resources and Reserves on granted Mining Leases Strategic “bolt-on” acquisition of Focus’ Laverton assets: For personal use only
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25 ASSETS - Beasley Creek project First cab off the rank - Potential baseload: ► Recent addition following the acquisition of Focus' Laverton project for A$250m cash ► Last mined in 1993 when the gold price was <A$400/oz ► Drilling by previous owners returned ample thick, high-grade results including: 17m @ 9.3g/t, 11m @ 10.6g/t, 12m @ 9.5g/t, 60m @ 1.9g/t, 31m @ 3.5g/t, 42m @ 2.6g/t ► Drilling shows potential for significant future baseload ore for the Laverton mill ► Current activities include geological re-interpretation / Resource re- estimation and pit optimisation… ► …Genesis’ first drilling expedited, now IMMINENT Long section highlighting drill results For personal use only
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1/3 TO GROWTH 1/3 TO SHAREHOLDERS 1/3 TO BALANCE SHEET RESILIENT BUSINESS THAT CAN FUND GROWTH AND REWARD OWNERS PRIORITIES Now… …“ASPIRE 400” Robust balance sheet Growth projects Near-mine exploration Community contributions Dividends Buybacks / additional dividends Social projects Greenfield exploration NON-NEGOTIABLESEXCESS CASH FLOW Progressive: ASPIRE “THIRDS” Capital allocation 26 For personal use only
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► We are an aspirational Australian gold house, 100% focused on Leonora / Laverton ► We have the people, assets and balance sheet to deliver “ASPIRE 400” and beyond • Sustainable, high-quality production and earnings growth ► We play the “long game”: • Long ore; Studies continue to bring ounces forward • Strategic management team • Future-proofing through the gold price cycle ► We are “filling the gap” between the ASX 100 gold producers and the rest 27 Filling the gap For personal use only
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Contact Details: Troy Irvin Corporate Development Officer phone: +61 8 6323 9050 email: investorrelations@genesisminerals.com.au www.genesisminerals.com.au For personal use only
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APPENDIX A - Data sources Genesis per share metrics Resource and Reserves peer metrics 29Rounding errors may occur. Mineral Resources are inclusive of Ore Reserves. *After acquisitions - FY24 FCF after A$15m Bruno-Lewis / Raeside acquisition, FY25 FCF after A$250m Focus Laverton acquisition and payment of A$8m stamp duty. Source: GMD Annual Reports FY24 FY25 Production (koz) 134 214 NPAT (A$m) 99 221 Free cash flow (A$m)* -26 236 Reserves (Moz) 3.3 4.2 Per share Weighted average number of shares (m) 1085 1091 Production (oz / 1,000 shares) 0.12 0.20 Earnings per share (cps) 9.1 20.3 Free cash flow* (cps) -2.4 21.8 Reserves (oz / 1,000 shares) 3.0 3.8 Source: Mineral Resources and Ore Reserves - ASX announcements Moz Moz Genesis GMD 18.6 4.2 1st September 2025 “Corporate Presentation - Long ore...” Westgold WGX 16.3 3.5 3rd September 2025 "2025 Mineral Resource Estimate and Ore Reserves" Vault VAU 12.2 4.0 15th September 2025 "2025 Resource and Reserve Statement" Ramelius RMS 12.0 4.2 3rd November 2025 "Investor Presentation 5 Year Growth Pathway to 500koz" Greatland GGP 10.2 3.1 10th October 2025 "Corporate Presentation - October 2025" Regis RRL 7.5 1.7 15th October 2025 "Citi Investment Conference Presentation" Capricorn CMM 6.6 4.0 6th October 2025 "4.0Moz Gold Reserves" Pantoro PNR 4.6 0.9 22nd September 2025 "Annual Mineral Resource and Ore Reserve Statement" Catalyst CYL 4.2 1.5 10th September 2025 "Investor Presentation - September 2025" Bellevue BGL 3.1 1.3 14th October 2025 "Citi Resources Conference Presentation" Ora Banda OBM 2.1 0.2 3rd November 2025 "Investor Presentation - Barrenjoey Conference" Mineral Resources Ore Reserves For personal use only
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*Source: GMD ASX announcement 8th April 2025 “Reserves rise to 3.7Moz, underpinning ASPIRE 400 strategy” and GMD ASX announcement 26 th May 2025 “Acquisition of Laverton Gold Project”. ^ “Laverton Other” inclusive of a 230koz historical JORC 2004 estimate, refer slide 4 for the relevant cautionary statement. Notes: All figures reported to two significant figures. Rounding errors may occur. Mineral Resources are inclusive of Ore Res erves. Rounding may result in apparent summation differences between tonnes, grade and contained metal content. APPENDIX B - Genesis Mineral Resource estimate* 30 Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Deposit (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) Leonora Gwalia Total JORC 2012 3,700 4.3 520 19,000 5.2 3,200 4,500 5.4 790 28,000 5.1 4,500 Harbour Lights JORC 2012 - - - 13,000 1.7 670 1,200 2.0 73 14,000 1.7 750 Tower Hill Total JORC 2012 - - - 19,000 2.4 1,400 2,100 3.0 200 21,000 2.5 1,600 Ulysses JORC 2012 1,500 3.8 180 3,600 3.5 400 1,400 3.2 140 6,400 3.5 720 Admiral Group JORC 2012 - - - 4,700 1.4 220 2,300 1.1 83 7,000 1.3 300 Orient Well Group JORC 2012 - - - 3,700 1.1 130 4,300 1.1 160 8,000 1.1 290 Cardinia West Group JORC 2012 - - - 7,200 1.2 270 2,500 1.1 85 9,700 1.1 360 Leonora Other JORC 2012 160 24 10,000 1.6 530 13,000 1.4 580 23,000 1.5 1,100 Total Leonora 5,400 4.2 720 80,000 2.9 6,900 31,000 2.6 2,100 120,000 2.9 9,700 Laverton Westralia Group JORC 2012 - - - 12,000 2.5 940 5,600 2.0 360 17,000 2.3 1,300 Jupiter Group JORC 2012 - - - 12,000 1.0 360 8,900 0.9 270 20,000 1.0 620 Lancefield UG JORC 2012 - - - - - - 3,900 6.3 790 3,900 6.3 790 Karridale JORC 2012 - - - 22,000 1.4 970 5,600 1.2 220 28,000 1.3 1,200 Beasley Creek JORC 2012 - - - 3,700 2.0 240 390 1.6 21 4,100 2.0 260 Laverton Other JORC 2004/2012 390 1.7 21 23,000 1.5 1,100 18,000 1.1 650 42,000 1.3 1,800 Total Laverton 390 1.7 21 73,000 1.5 3,600 42,000 1.7 2,300 120,000 1.6 6,000 Bardoc Aphrodite JORC 2012 - - - 10,000 2.8 930 13,000 1.7 690 23,000 2.2 1,600 Zoroastrian JORC 2012 - - - 4,500 2.4 350 2,500 2.2 180 7,000 2.3 520 Excelsior JORC 2012 - - - 9,600 1.0 310 1,700 0.8 41 11,000 1.0 350 Bardoc Satellite Open Pits JORC 2012 150 2.2 11 4,300 1.6 220 4,100 1.3 170 8,500 1.5 400 Total Bardoc 150 2.3 11 29,000 2.0 1,800 21,000 1.6 1,100 50,000 1.8 2,900 Group Total 5,900 4.0 750 180,000 2.1 12,000 94,000 1.8 5,500 280,000 2.1 18,600 TotalMeasured Indicated Inferred ^ For personal use only
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Notes: All figures reported to two significant figures. Rounding errors may occur. Mineral Resources are inclusive of Ore Res erves. Rounding may result in apparent summation differences between tonnes, grade and contained metal content. *Source: GMD ASX announcement 8th April 2025 “Reserves rise to 3.7Moz, underpinning ASPIRE 400 strategy” and GMD ASX announcement 26 th May 2025 “Acquisition of Laverton Gold Project”. APPENDIX B - Genesis Ore Reserve estimate* 31 Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Project (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) Leonora Gwalia 310 5.6 56 6,400 5.3 1,100 6,800 5.3 1,100 Tower Hill - - - 15,000 2.0 1,000 15,000 2.0 1,000 Admiral Group - - - 1,700 1.5 80 1,700 1.5 80 Orient Well Group - - - 3,900 1.2 150 3,900 1.2 150 Ulysses Open Pit 820 2.6 69 620 1.9 38 1,400 2.3 110 Ulysses Underground 450 4.1 59 1,600 3.6 180 2,000 3.7 240 Bruno Lewis - - - 5,000 1.0 170 5,000 1.0 170 Redcliffe Group 150 4.0 19 1,000 2.7 87 1,200 2.8 110 Total Leonora 1,700 3.7 200 36,000 2.4 2,800 37,000 2.5 3,000 Laverton Jupiter Group - - - 7,700 0.9 220 7,700 0.9 220 Westralia Group - - - 8,200 1.4 370 8,200 1.4 370 Lancefield Open Pit - - - 800 1.6 41 800 1.6 41 Karridale - - - 9,300 1.0 310 9,300 1.0 310 Beasley Creek - - - 3,500 1.8 200 3,500 1.8 200 Total Laverton - - - 30,000 1.2 1,100 30,000 1.2 1,100 Bardoc Zoroastrian - - - 790 3.8 97 790 3.8 97 Total Bardoc - - - 790 3.8 97 790 3.8 97 Grand Total 1,700 3.7 200 66,000 1.9 4,000 68,000 1.9 4,200 Proved Probable Total For personal use only
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FY28 Sep Q Dec Q Mar Q Jun Q Sep Q Dec Q Mar Q Jun Q Dec H Jun H Dec H STAGE 1 OPEN PIT Design and Planning Complete Technical Studies Complete Section 18 Approval Complete Mining Proposal and Closure Plan Approval STAGE 2 OPEN PIT Design and Planning Complete Technical Studies Mining Proposal and Closure Plan Approval Gas Pipeline Design and Licencing Rail Infrastructure Planning / Termination OPERATIONAL READINESS Water Discharge Licencing Complete Water Management - Dewatering Complete Operational Readiness - HSE Management Systems Site Establishment (Road Access and Infrastructure) Mobilisation - Equipment and Personnel MINE OPERATIONS Commence Mining First Ore to Processing Plant FY25 FY26 FY27 APPENDIX C - Tower Hill development schedule 32 On track for first ore in FY28 For personal use only