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DRIVE to 300 Organically building Australia’s next 300 koz gold producer ASX: OBM Luke Creagh | Managing Director | August 2026
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IMPORTANT NOTICE AND DISCLAIMER This Presentation contains summary information about Ora Banda Mining Ltd ABN 69 100 038 266 (Ora Banda Mining or the Company ) a nd its activities based on information available at the time of preparing the Presentation. The information contained in this Presentation is of a general nature and does not purport to be complete nor does it contain all the informa tio n which a prospective investor may require in evaluating a possible investment in the Company or that would be required in a prospectus or product disclosure statement prepared in accordance with the requirements of the Corporations Act 20 01 (Cth). The information contained in this Presentation is a summary only and should be read in conjunction with the Company's other p eri odic and continuous disclosure announcements lodged with the Australian Securities Exchange (“ASX”), which are available at www.asx.com.au. The historical information in this Presentation is, or is based upon, information that has been released to the ASX. This Presentation is authorised for release by the Ora Banda Mining Board. Forward-looking Statements and Forecasts This Presentation contains certain “forward - looking statements” and comments about future matters. Forward - looking statements ca n generally be identified by the use of forward - looking words such as, “expect”, “anticipate”, “likely”, “intend”, “should”, “could”, “may”, “predict”, “plan”, “propose”, “will”, “believe”, “forecast”, “estimate”, “target” “outlook”, “guida nce ” and other similar expressions within the meaning of securities laws of applicable jurisdictions. Indications of, and guidan ce or outlook on, production or financial position or performance are also forward - looking statements. You are cautioned not to pla ce undue reliance on forward - looking statements. Any such statements, opinions and estimates in this Presentation speak only as of the date hereof (unless otherwise stated) and are based on assumptions and contingencies subject to change w ith out notice, as are statements about market and industry trends, projections, guidance and estimates. Forward - looking statements are provided as a general guide only. The forward - looking statements contained in this Presentation are not i ndications, guarantees or predictions of future performance and involve known and unknown risks and uncertainties and other factors, many of which are beyond the control of the Company, and may involve significant elements of subjective ju dge ment and assumptions as to future events which may or may not be correct. When forecasting or providing guidance on costs and production the Company has taken into account current operating costs, cost escalation, required personnel numbers, submitted tender rates from contractors and suppliers, an d average industry productivity and mining specification metrics. There can be no assurance that actual outcomes will not differ materially from these forward - looking statements. A number of important factors could cause actual results or performance to differ materially from the forward - looking statements. The forward - looking statements are based on information available to the Company as at the date of this Presentation. Except as required by law or regulation (including the ASX Listing Rules), the Company undertakes no obligation to supplement , r evise or update forward - looking statements or to publish prospective financial information in the future, regardless of whether new information, future events or results or other factors affect the information contained in this Presentation (unl ess otherwise stated). This Presentation is not financial product, investment advice or a recommendation to acquire the Company securities and has b een prepared without taking into account the objectives, financial situation or needs of individuals. Before making an investment decision prospective investors should consider the appropriateness of the information having regard to their own o bje ctives, financial situation and needs, and seek legal, taxation and financial advice appropriate to their jurisdiction and circumstances. The Company is not licensed to provide financial product advice in respect of its securities or any other fin ancial products. Cooling off rights do not apply to the acquisition of the Company securities. Disclaimer The Company and its related bodies corporate and each of their respective directors, agents, officers, employees and advisers ex pressly disclaim, to the maximum extent permitted by law, all liabilities (however caused, including negligence) in respect of, make no representations regarding, and take no responsibility for, any part of this Presentation and make no repr ese ntation or warranty as to the currency, accuracy, reliability or completeness of any information, statements, opinions, conclusions or representations contained in this Presentation. In particular, this Presentation does not constitute, and shall not be relied upon as, a promise, representation, warranty or guarantee as to the p ast, present or the future performance of the Company. Aspirational Statements This Presentation includes aspirational statements in respect of the Company’s vision to be a ~300kozpa producer. This is a g ene ral aspirational statement and not a production target. The Company does not yet have reasonable grounds to believe this can be achieved . Forward Looking Statements 2
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D avyhurst Gold Project (100% Ora Banda Mining) MULLINE TREND RIVERINA LITTLE GEM TREND DAVYHURST PROCESSING PLANT CALLION ROUND DAM TREND SIBERIA PYTHON TREND LADY IDA MENZIES We are Ora Banda Mining 3 Sustainably growing gold production, long-term value generation Large land holding with 68 granted tenements over 1,138km² Belt-scale exploration potential with more than 130km of highly prospective greenstone strike Tenement area covers the convergence of two regionally significant structures Established 1.2 Mtpa conventional CIP processing facility, construction of new 3.0 Mtpa1 plant approved Continued outstanding exploration success Total kt g/t Au koz Au Mineral Resource Estimate 56,500 2.0 3,690 Ore Reserves 8,400 2.3 610 KALGOORLIE WESTERN AUSTRALIA MENZIES KALGOORLIE PERTH Resources and Reserves 2 1New mill nameplate capacity of 3.0 Mtpa 2Refer ASX Ann. “OBM Annual Resource and Reserve Statement” dated 14 July 2026
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Corporate overview *As of market close on 31 July 2026 1See ASX Ann. “DRIVE to 300 – Key Growth Projects Approved” dated 18 May 2026 4 Doug Warden Chief Financial Officer Andrew Czerw Chief Development Officer Steph Prinsloo Chief Operating Officer Rhianna Farrell Chief Geologist John Sanders General Counsel and Joint Company Secretary Katherine Blacklock General Manager People and Culture Kale Ross General Manager HSET Kurt Walker Investor Relations ASX: OBM Board of Directors Senior Management 20.4% Hawke’s Point 8.2% Paradice 47.1% Institutions 4.3% Board and Management 20.0% Other Share Price* A$/share 1.14 Shares on issue* million 1,928 Performance rights on issue* million 113 Market Capitalisation* A$ million 2,198 Cash (at 30 June 2026) A$ million 268 Debt A$ million Nil Enterprise Value A$ million 1,930 Undrawn revolving credit facility1 A$ million 200 Capital structure Register composition Peter Mansell Non-executive Chairman (Corporate Lawyer) Luke Creagh Managing Director (Mining Engineer) Alan Rule Non-executive Director (Chartered Accountant) Jo-Anne Dudley Non-executive Director (Mining Engineer) Kathryn Cutler Non-executive Director (Geologist) John Richards Non-executive Director (Finance/Economist)
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Outstanding FY26 sets strong foundation 5 Delivered exceptional financial, operational and exploration success +75%1 YTD RESOURCE GROWTH Inc. Maiden Mineral Resource for Round Dam +159%1 YTD RESERVE GROWTH Released maiden Ore Reserve for Waihi UG, Round Dam OP ~A$468 million2 AVAILABLE LIQUIDITY Cash + corporate revolver (undrawn) 141 koz2 FY26 PRODUCTION Record full year production 1See ASX Ann. ‘OBM Annual Resource and Reserve Statement’ dated 14 July 2026. 2See ASX Ann. “June 2026 Quarterly Activities Report” dated 16 July 2026 YTD Resource Growth” percentages refer to ounces
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OBM’s DRIVE to 300 1 Nameplate capacity of new mill of 3.0 Mtpa. Refer ASX Ann. “DRIVE to 300 – Key Growth Projects Approved” dated 18 May 2026 2 Nameplate capacity of existing mill of 1.2 Mtpa + new mill 6 Underpinned by key Ora Banda growth projects Construction of the new mill with 3.0 Mtpa nameplate capacity underway; • Located next to the existing Davyhurst mill • Commissioning expected March quarter 2028 • High-grade Waihi underground - Approved • Round Dam open pit – PFS completed, FID expected 2H FY27 • Supplement existing operations at Riverina and Sand King New 3.0 Mtpa Mill 1 Waihi UG, Round Dam OP Key future Benefits • Substantial unit cost benefits (inc. removal of toll treat costs) • Continued exploration opportunity • Mitigation of single asset risk (optionality of two mills) • Significant scale (combined nameplate mill capacity of 4.2 Mtpa2) ‘DRIVE to 300’ is an aspirational target for OBM. Statements and projections in this announcement are aspirational goals and not production targets or forecasts. The Company does not yet have reasonable grounds to believe the "DRIVE to 300" aspiration can be achieved.
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0 50 100 150 200 250 300 350 FY23(A) FY24(A) FY25(A) FY26(G) FY27(O) FY28(O) FY29(O) Koz Au FY27 Guidance 125 – 140 koz Au @ AISC A$3,400/oz - A$3,600/oz 2 DRIVE to 3001 – Development underway 7 Internally funded organic growth pathway; capital to support scale, margin growth A= Actual G= Guidance (hashed zone represents guidance range) 0 = Aspirational growth outlook. 1Refer ASX Ann. ”DRIVE to 300 – Key Growth Projects Approved” dated 18 May 2026 2Refer ASX Ann. ”June 2026 Quarterly Activities Report” dated 16 July 2026 Capital outlook 2 - Updated FY27 Capital Guidance FY27 total capital guidance: A$425 million Focus Area Growth Capex FY27(G) FY28(O) FY29(O) New Mill & Infrastructure: Increase production, reduce unit costs New 3 Mtpa Mill: EPC, facilities, cont. (A$M) 240 135 - Infrastructure growth and upgrades (A$M) 70 110 FY28-FY29 New Mines: Support production growth, mine life extension Approved: Waihi Underground (A$M) 40 40 5 Pending FID3: Round Dam Open Pit (A$M) - 160 (FY28-FY29) R&R Growth: Exploration (A$M) 75 75 75
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Substantial liquidity position (A$M) Balance sheet; right - sized for growth A$4681 million in liquidity, funded for growth 8 A$267.7 million in cash2 ~A$183.5 million in cash added over FY26, after ~A$236.5 million re-investment in development and growth Revolving credit facility (“RCF”): A$200 million (undrawn), 3-year tenor (to 30 June 2029)3, replacing previous A$50 million facility ~A$468 million in available liquidity and a robust outlook for future cash generation sees the Company well funded for growth4 Period Put Option Exercise Price (A$oz) Put Option Premium (A$/oz) Purchased Put Options (oz) Put Option Premium ($m) Sold Call Options (oz) Sold Call Option Exercise (A$/oz) July 26 – Oct 26 5,013 152 33,332 5.1 - - Nov 26 – Oct 27 6,000 308 99,996 30.8 - - Nov 27 – June 28 6,000 210 66,664 14.0 33,128 8,400 Growth to be funded through combination of existing and future cash flows, upsized corporate revolver 26.8 48.7 57.8 80.7 84.2 122.7 155.4 231.7 267.7 200 0 50 100 150 200 250 300 350 400 450 500 Jun-24 Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 Revolving Credit Facility Closing Cash Put Options & Collars 5 – price protection 1,2ASX Ann. “June 2026 Quarterly Activities Report’ dated 16 July 2026 3Refer ASX Ann. “DRIVE to 300 – Key Growth Projects Approved” dated 18 May 2026 4Pro-foma liquidity position: Cash at 30 June 2026 + A$200 million undrawn revolving credit facility. 5 Partial collars for November 2027 to June 2028 have recently been added, whereby 66,664 ounces (spread evenly over the period) are protected via a $6,000/oz Put Option, which have been paid for by 33,128 ‘sold’ Call Options with an exercise price of $8,400 + $14.0m in defe rred option premium. The ‘sold’ Call Options over 33,128oz represents an obligation to deliver these ounces at $8,400 should the AUD gold price exceed that price. A total of $7.6M for the period May 2026 to October 2026 has previously been paid upfront in cash. The rest of the premiums are deferred to align with expiry date of the put options.
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Underpins scale uplift, reduced operating costs Critical enabling infrastructure upgrades 9 Comprehensive infrastructure upgrade package to deliver sustained operations at scale 1 Refer ASX Ann. “DRIVE to 300 – Key Growth Projects Approved” dated 18 May 2026 Fit for purpose infrastructure upgrades ~A$180 million1 capital allocated over three years to set Davyhurst up for sustained, long term production at scale (pending final Board approvals) Significant upgrades to amenity, aiding in ongoing attraction and retention of high-quality personnel Infrastructure highlights include: • Accommodation capacity to over +900 rooms across the project • Sealed (all-weather) airstrip at Davyhurst • Upgrades to key haul roads / traffic routes • Substantial facility upgrades to workshops/core sheds etc • Construction of an on-site assay laboratory Anticipated to deliver benefits to ongoing operating costs, efficiencies
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0 100 200 300 400 FY23(A) FY24(A) FY25(A) FY26(A) FY27(G) FY28(O) FY29(O) Drilling m (km) Step - change organic growth Demonstrated exploration success Resource and Reserve growth – Key value driver 10 102% Growth in Mineral Resources since FY23 to 3.69 Moz1 Step-change in exploration budget from FY25, yielding impressive YoY Resource growth, defining multiple new mines High quality exploration targets remained under-explored A$75 million pa exploration spend forecast to remain in place over the next 3 years; extending current operations + defining the mines of the future2 Long term exploration strategy in place, targeted to deliver growth 1 See ASX Ann. “OBM Annual Resource and Reserve Statement” dated 14 July 2026 2 Forecast exploration budget subject to ongoing exploration results. A= Actual G= Guidance 0 = Outlook. Metres forecast based on expected exploration budget, subject to ongoing results. *FY26 Addition net of mining depletion – see ASX Announcement “OBM Annual Resource and Reserve Statement” dated 14 July 2026 A$14 M A$16 M A$36 M ~A$75 M A$75 M 189k metres drilled, delivered 2 UG mines, advanced multiple targets 281% Growth in Ore Reserves since FY23 to 610 koz1 1500 2000 2500 3000 3500 4000 FY23 FY24 Addition FY24 Mining Depletion FY25 Addition FY25 Mining Depletion YTD 2026 Addition* Mineral Resources (koz)
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Second Mill for Davyhurst Construction commenced for the new standalone 3.0 Mtpa capacity processing plant
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Proposed plant location next to existing infrastructure Outstanding operational flexibility Target 4.2 Mtpa nameplate capacity across two mills1 12 Projected ~250% increase in nameplate capacity by FY29 (at 100% nameplate capacity of both mills) Mitigation of “single asset risk”- multiple mines/multiple mills Excellent unit cost benefits - economies of scale + removal of high cost third party milling, expected to reduce AISC metrics from FY28 Combined target nameplate capacity expected to be reached by FY29 1 Existing Davyhurst mill nameplate capacity of 1.2 Mtpa. Targeted new mill nameplate capacity of 3.0 Mtpa. Combined 4.2 Mtpa T argeted nameplate milling capacity across both facilities. See ASX Ann. “DRIVE to 300 – Key Growth Projects Approved” dated 18 May 2026 GR Engineering awarded EPC contract, construction underway Substantial recovery benefits expected through increased grinding capacity, plant design (91% design recovery) Single stage crusher, 6.0 MW SAG + 6.0 MW Ball mill, simple process flow sheet – fit for purpose Plan view of the new processing plant, located next to the existing Davyhurst Mill
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Sand King and Riverina Dependable production, outstanding opportunities for extension
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Ramp up continues to gain pace, commercial production declared Sand King 14 Production rates continue to ramp up, with a 37% increase in total ozs (inc. LG) in the June quarter (vs March Qtr 2026)1 Current production sourced from both declines - a key driver of the continued ramp up performance at Sand King over FY26 1 Refer ASX Ann. “June 2026 Quarterly Activities Report” dated 16 July 2026. 2 Refer Appendix for Mineral Resource and Ore Reserve statement 3 Refer ASX Ann. ‘Exploration Results Extend Sand King Mineralisation’ dated 18 Dec 2025. Sand King long section, facing west, highlighting recent drilling3 Consistent production, opportunities for growth Current scale of Sand King significantly surpasses original FID concept Total (Siberia) kt g/t Au koz Au Mineral Resource Estimate 5,324 3.1 524 Ore Reserves 1,236 3.2 125 Resources and Reserves 2
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Drilling set to unlock near - mine opportunities Sand King 151 Refer ASX Ann. ‘Exploration Results Extend Sand King Mineralisation’ dated 18 Dec 2025 Successful recent drilling in the northern corridor has identified significant additional mineralisation, including 16.6m @ 8.3 g/t, 6.0m @ 16.9 g/t and 12.0m @ 6.4 g/t. Potential for high-grade shoots as well as bulk tonnage opportunities System remains open in all directions Plan view of Sand King, showing north and south extensions, Palmerston pit Recent drilling confirms high-grade extensions in the Northern Corridor1
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Riverina down - dip extensions confirmed beyond 1000m below surface Riverina 16 Resource extension and infill drilling continues to define a robust and continuous system1 1 Refer ASX Ann. ‘Outstanding Drill Results Continues to Expand Little Gem and Riverina’ dated 23 Oct 2025. 2Refer Appendix for Mineral Resource and Ore Reserve statement Surface and underground resource definition and extension drilling continues - over 25km YTD FY26 The mineralised system remains open, providing strong potential for continued resource and reserve growth Near-mine drilling focussing on mine life extension, with the potential for additional decline development Total (Riverina Area) kt g/t Au koz Au Mineral Resource Estimate 11,440 2.3 828 Ore Reserves 844 3.7 100 Resources and Reserves 2
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Waihi Underground + Round Dam Open Pit Development approved for Waihi Underground, Round Dam pending FID
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Waihi UG – Concept mine design Waihi UG development approved 1 Waihi UG – Another OBM success story 18 Fast tracked development into Golden Pole delivers important high- grade ore during mill constrained FY27/FY28 Development case based on an initial self-funded Resource/Reserve backed 3-year mine life, delivering robust returns1 Portal development scheduled for 2Q FY27 High grade Golden Pole lodes set to be developed within FY27 1 Refer ASX Ann. “DRIVE to 300 – Key Growth Projects Approved” dated 18 May 2026 2Refer Appendix for Mineral Resource and Ore Reserve statement N Total kt g/t Au koz Au Mineral Resource Estimate 7,265 2.1 482 Ore Reserves* (Waihi UG) 825 3.8 101 Inc. Golden Pole 254 5.0 41 Resources and Reserves 2 Outstanding potential for mine life extensions through continued drilling – ore body remains open *See Appendix for detailed breakdown of Ore Reserve category
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Waihi / Golden Pole underground 1 Waihi UG – Untested opportunity 19 Underground drilling set to continue through FY27 1 Refer ASX Ann. ‘High Grade Results at Golden Pole’ dated 15 Jan 2026
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Stacked lodes, excellent strike continuity PFS delivered, FID expected 2H FY27 Round Dam open pit – PFS 1 20 PFS highlights a robust open pit operation, initially centered around Walhalla, Federal Flag, Federal Flag North PFS demonstrates initial mine life of ~8 years, 13.5 Mt at 1.7g/t for 724 koz mined PFS life of mine strip ratio of 9.0:1, metallurgical recovery of 95% Significant baseload open pit opportunity ~15km south of Davyhurst Mill 1 Refer ASX Ann. “Resource and Reserve Update – Round Dam and Waihi” dated 18 May 2026 2 Refer Appendix for Mineral Resource and Ore Reserve statement Total kt g/t Au koz Au Mineral Resource Estimate 25,351 1.60 1,330 Ore Reserves* 4,162 1.74 233 Resources and Reserves 2 Indicative section 6,662,866 N. Looking north *See Appendix for detailed breakdown of Ore Reserve category
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Initial open pit operations focussed on the 3.5km Walhalla - Federal Flag North zone Round Dam open pit 21 Outstanding scale, outstanding system
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Round Dam Trend1 22 Just the beginning for development of the Round Dam Trend 1 Refer to ASX Ann. ‘Company and Site Visit Presentation’ dated 13 March 2026 7 KM Salmon GumsMacedonWalhallaWalhalla NorthFederal Flag N S Mt BanjoFederal Flag North 300mRl 400mRl 200mRl 100mRl FFRC25004 12.0m@13.1g/t AuFNRC26004 3.0m@23.3g/t Au WNRC25171 33.0m@4.6g/t Au Inc. 9.0m@9.2g/t Au & 16.0m@1.5g/t Au WADD25001 7.0m@2.8g/t Au & 19.8m@2.5g/t Au RDRC25064 9.0m@7.8g/t Au RDRC25069 11m@3.2g/t Au Inc. 6.0m@5.4g/t Au 300mRl 400mRl 200mRl 100mRl SGRC004 5.0m@40.4g/t Au FNRC25170 10.0m@3.6g/t Au Inc. 7.0m@5.0g/t Au Vertical Exaggeration – 2.5 7 KM Salmon GumsMacedonWalhallaWalhalla NorthFederal Flag N S Mt BanjoFederal Flag North 300mRl 400mRl 200mRl 100mRl 300mRl 400mRl 200mRl 100mRl Vertical Exaggeration – 2.5 Planned Drilling Pending Assays 2025/2026 Results Historic Results Xm@Xg/t Xm@Xg/t RDRC25024 10.0m@1.3g/t Au Limited drilling below 100 metres, extensive geological potential
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0 1000 2000 3000 4000 FY27(O) FY28(O) FY29(O) Ore - kt Sand King Round Dam* Riverina Waihi UG Stockpiles** Waihi OP Indicative ore contribution – By Source Optionality through multiple mines New mines continue to de-risk Davyhurst1 23 Operating plan de-risked through mixture of baseline feed (i.e. Open pits, Sand King) and higher-grade feed (Waihi/Golden Pole) Ongoing extensional drilling programs at Riverina, Sand King targeting mine life growth Stockpile build forecast to commence in 2Q FY27 Targeting baseload feed through a mixture of open pit, underground operations Stockpile build ahead of FY29 1 Refer ASX Ann. “DRIVE to 300 – Key Growth Projects Approved” dated 18 May 2026 0 = Aspirational ore contribution, pending final outstanding Board approvals for project development. Note that these are asp irational goals and not production targets or forecasts. *Round Dam pending final investment decision **Historical LG stockpiles Historical stockpiles forecast to be processed through FY28 Third-party milling expected to cease early 2Q FY27
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Leveraging our organic growth opportunities Targeting exponential geological growth
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System continues to grow at scale Little Gem - Unlocking a large system 25 Outstanding drill results continue to expand Little Gem mineralisation1 1 Refer ASX Ann. “Impressive Exploration Results At Little Gem” dated 31 July 2026 Recent drilling has expanded Little Gem’s mineralised envelope to more than 2.6 kilometers of strike and 750 metres vertically below surface Opportunity: Little Gem to Sunraysia not currently considered part of DRIVE to 300
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Little Gem indicative cross section Multi - lode system emerging Little Gem: Multi-lode system delivering scale 26 Outstanding drill results continue to expand Little Gem mineralisation1 1 Refer ASX Ann. “Impressive Exploration Results At Little Gem” dated 31 July 2026 Mineralisation has been identified over two distinct corridors: High grade Sapphire and Gem lodes, with mineralisation open along strike, down dip Geological interpretation of the Little Gem Prospect continues to evolve and expand with additional drilling Anticipated delivery of a maiden Mineral Resource estimate for Little Gem during 2Q FY27
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Riverina - Gem; big system, getting bigger! Riverina to Sunraysia Trend1 27 Highly prospective corridor, with near term focus on “Little Gem” Potential scale of the project yet to be fully understood +360 drill holes completed across the Little Gem/Sunraysia by OBM, with drilling ongoing +7.5km of prospective strike from Riverina to Sunraysia 1 Refer ASX Ann. “Outstanding Drill Results at Little Gem and Riverina” dated 23 Oct 2025
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Over 10km trend with old open pit mines, numerous surface anomalies & high grades Mulline 28 Prior exploration work based on limited air core, reverse circulation and diamond drilling1 Less than 5% of drill holes are below 100 vertical metres Underexplored significant geological trend, ~8km west of the Riverina Trend Exploration opportunity for potential future high-grade mines Mulline long section Looking west 1 Refer ASX Ann. “Operation and Exploration Update” dated 22 Feb 2022
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Sustainability at Ora Banda 29 Sets the foundation on which our future production growth will be built 12-MONTH TRIFR 7.65: A 30% reduction vs FY25 whilst increasing operational activity1 12-MONTH LTIFR 0.52 HIGHLY MOTIVATED AND ENGAGED EMPLOYEES3 • 18.4% turnover, below internal targets and industry benchmarks • Female participation 23.8% of employees • Highly engaged workforce with continued investment in training, development and wellbeing initiatives ENVIRONMENTAL MANAGEMENT SYSTEM Including progressive rehabilitation, embedded into operations SUSTAINABILITY COMMITTEE Established to oversee performance COMMUNITY ENGAGEMENT Active engagement with community and traditional owners as key stakeholders 1,2 Refer ASX Ann. ‘June 2026 Quarterly Activities Report’ dated 16 July 2026 3 Refer ASX Ann. ‘September 2025 Quarterly Activities Report’ dated 22 October 2025
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30 FY26 FY27 FY28 FY29 2H FY26 1H FY27 2H FY27 1H FY28 2H FY28 1H FY29 2H FY29 Existing Davyhurst 1.2 Mtpa Mill New 3.0Mtpa Mill (construction) Riverina + Sand King (existing operations) Waihi OP (existing operation) Waihi UG Round Dam OP (Pending FID) Stockpile build (estimated) Maiden Little Gem MRE (target) Ora Banda 3 - year aspirational outlook Targeted Timeline Growth accelerated: No shortage of near-term catalysts Commissioning March Qtr 2028, nameplate capacity expected during FY29 Anticipated FID
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Appendix
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Mineral Resource Statement 32
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Ore Reserve Statement 33
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ASX Listing Rule 5.23 Statements Ore Reserves The information in this announcement that relates to Ore Reserve estimates is extracted from the ASX announcement titled “Annual Mineral Resource and Ore Reserve Statement” dated 14 July 2026 which is available to view at asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement 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 The information in this announcement that relates to the: Waihi, Round Dam, Sand King and Riverina Mineral Resource estimate is extracted from the ASX announcement titled “Annual Mineral Resource and Ore Reserve Statement” dated 14 July 2026; Missouri Mineral Resource estimate is extracted from the ASX announcement titled “Mineral Resource and Ore Reserve Statement” dated 2 July 2024; Forehand, Silver Tongue & British Lion Mineral Resource estimate is extracted from the ASX announcement titled “Davyhurst Gold Project Mineral Resource and Ore Reserve Statement” dated 29 July 2021; Callion Mineral Resource estimate is extracted from the ASX announcement titled “Maiden Callion Underground Resource of 77,000 oz” dated 29 June 2020; each of which is available to view at asx.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement 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 announcement that relates to Mineral Resources other than those listed above is extracted from the Swan Gold Mining Limited Prospectus released to the market on 13 February 2013. These Mineral Resources were first reported in accordance with the JORC 2004 Code and have not been updated to comply with JORC Code 2012 on the basis that the information has not materially changed since it was last reported. The Company is not aware of any new information or data that materially affects the information in that Prospectus and confirms all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. Exploration Results The information in this Presentation regarding Exploration Results has been extracted from the Company’s ASX releases set out below, which are available to view at www.orabandamining.com.au. The Company confirms that it is not aware of any new information or data that materially affects the information included in those ASX releases. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from those ASX releases. For further information on historical significant intercepts please also refer to the Company’s website www.orabandamining.com.au Riverina, ’Outstanding Drill Results at Little Gem and Riverina’ dated 23 October 2025, ‘Strong New Drill Results at Riverina, Waihi & Little Gem’ dated 10 June 2025, ‘Exploration Results at Little Gem’ dated 19 March 2025, ‘Outstanding Results at Little Gem Confirm Greenfields Discovery’ dated 13 March 2025, ‘Successful Exploration Drilling at Riverina Paves the Way for Multi-year Mine Life Extension’ dated 13 February 2025, ‘Davyhurst Gold Project Update’ dated 3 September 2024, ‘Riverina Underground & Sand King Update’ dated 4 April 2024, ‘Company Update – Key Milestones Achieved’ dated 28 November 2023, ‘Exploration Update’ dated 3 August 2023, ‘Exploration Update’ dated 16 May 2023, ‘Riverina Exploration Update’ dated 10 February 2023, ‘Riverina Exploration Update’ dated 7 December 2022, ‘Riverina Exploration Update’ 19 October 2022, ‘Riverina Underground Infill and Extension Drilling Delivers Strong Results’ dated 2 August 2021, ‘First Pass Exploration Success – Grass roots exploration intersects significant mineralisation’ dated 30 July 2021, ‘Riverina South & Riverina Underground Infill and Extension Drilling Delivers Further Strong Results’ dated 8 March 2021, ‘Infill Drilling at Riverina South Delivers Further Strong Results’ dated 10 February 2021, , ‘Further Strong Results from Riverina South’ dated 10 August 2020, ‘Initial Drilling at Riverina South Delivers Strong Results’ dated 9 April 2020, First Phase of Drilling at Riverina Finalised Upgraded Minerals Resource Estimate Underway’ dated 8 October 2019, ‘High Grade Results from Riverina Phase 1 Drilling Continue’ dated 16 September 2021, ‘High Grade Assay Results Continue at Riverina’ dated 26 August 2019, ‘High Grade Assay Results Received including 23m@9.1g/t Au’ dated 29 July 2019, and ‘Riverina Drilling Update’ dated 17 Apr 2018. Mulline Exploration Long: ‘Operational and Exploration Update’ dated 22 February 2022, ‘Further Exploration Success in Grass Roots and Brownfields Exploration Programs’ dated 25 October 2021 and ‘Exploration Drilling Delivers Encouraging Results‘ dated 20 May 2020. Riverina Exploration Long: ‘Exploration Update’ dated 3 August 2023, ‘First Pass Exploration Success ‘ dated 30 July 2021 and ‘Riverina South & Riverina Underground Infill and Extension Drilling Delivers Further Strong Results’ dated 8 March 2021. ‘Strong New Drill Results at Riverina, Waihi & Little Gem’ dated 10 June 2025 Sand King: ‘Exploration Results Extend Sand King Mineralisation’ dated 18 December 2025, ‘Sand King Drilling Expands Mining Inventory Plus 300m Step-Out Returns Significant High-Grade Results’ dated 9 September 2025‘, Sand King Underground Ramp Up On Track With First Ore Batched Through Davyhurst Mill’ dated 28 February 2025, ‘First Ore Intersected at Sand King’ released on 19 December 2024, ‘Davyhurst Gold Project Update’ dated 3 September 2024, ‘Riverina Underground & Sand King Update’ dated 4 April 2024, ‘New High Grade Lode System Discovered at Sand King’ dated 28 February 2024, ‘Exploration Update – Sand King’ dated 6 February 2024, ‘Exploration Update – Sand King’ dated 2 November 2023, ‘Exploration Update’ dated 3 August 2023, ‘High Grade Results for Sand King Validation Drill Program’ dated 27 April 2020, ‘Missouri Deposit Mineral Resource and Reserve Update’ dated 15 December 2016 , ‘Outstanding Siberia Drilling Results Continue’ dated 23 November 2016 , ‘High Grade Results Continue at Siberia’ dated 15 November 2016, ‘High Grade Results Continue at Siberia’ dated 2 November 2016,’Siberia Drilling Update’ dated 25 October 2016, ‘Significant Drilling Results from Siberia’ dated 22 September 2016 and ‘Strong Initial Results from Siberia Diamond Drilling’ dated 13 September 2016. Waihi: ‘High Grade Results at Golden Pole’ dated 15 January 2026, ‘Outstanding Drill Results At Waihi Builds Momentum For Third Underground Mine’ dated 4 September 2025. Little Gem :’Impressive Exploration Results at Little Gem’ dated 31 July 2026 ’Infill drilling Confirms High Grade at Golden Pole’ dated 21 April 2026, ‘Drilling Expands Little Gem, New Sapphire Trend Discovered’ dated 12 March 2026, ‘Outstanding Exploration Results at Little Gem’ dated 13 March 2025. Round Dam Trend: ‘Round Dam Mineral Resource Grows Tenfold to 1.33Moz Ounces’ dated 11 March 2026, ’Continued Exploration success at Round Dam’ dated 2 February 2026, ‘Exploration Drilling at Round Dam Trend Reveals Potential Large-Scale System With Both Open Pit & Underground Prospectivity’ dated 28 August 2025. Little Gem & Riverina: ‘Outstanding Drill Results Continues to Expand Little Gem and Riverina’ dated 23 October 2025. 34
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Contact Us Luke Creagh Managing Director admin@obmltd.com.au +61 8 6365 4548 Kurt Walker Investor Relations admin@obmltd.com.au +61 8 6365 4548 ASX:OBM ORABANDAMINING.COM.AU