Earnings release
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ASX ANNOUNCEMENT 29 January 2026 1 A: Level 2, 1 Hood Street Subiaco, WA, 6008 T: + 61 8 6365 4548 E: admin@obmltd.com.au ASX:OBM ABN: 69 100 038 266 ORABANDAMINING.COM.AU December 2025 – QUARTERLY ACTIVITIES REPORT Organic growth strategy gathers momentum with record production and outstanding exploration success paving the way for a strong H2 FY26 Highlights LTIFR of 0.6, TRIFR 11.9 Record gold produced (including attributable equivalent production) for the quarter totalled 32,036oz, a 5% increase on the September quarter, with 31,247oz of gold sold Impressive half-on-half ramp up with gold production increasing by 39% compared to 2H FY25 YTD FY26 production of 62,631oz and sales of 62,583oz Closing cash up $32.8 million to $155.4 million (compared to 30 Sept 2025). This cash growth came after $57.9 million was spent on capital, resource development and exploration coupled with $8.3 million of Put Option premiums paid Outstanding exploration results at Waihi1, Little Gem/Riverina2 and Sand King3, providing an exciting pathway to future new mining developments AISC/oz for the quarter of $3,505/oz sold, a 22% increase on the previous quarter primarily attributable to the higher tonnage processed via third party milling, resulting in a ~$360/oz increase in third party processing costs compared to prior quarter $63 million internally funded investment approved to advance key growth projects4 in FY26, including A$10 million to advance work on a new 3mtpa mill Updated FY26 Capital and AISC guidance: o Based on the expected ramp up in Sand King and Riverina production, FY26 Production guidance is retained at 140-155koz, although expected to be towards the lower end of the range o FY26 AISC of $3,250/oz – $3,350/oz (from $2,800 - $2,900) reflecting increased tonnage through third party processing at a higher cost linked to the rising gold price o Growth Capital of A$143 million (from A$86 million), incorporating key growth initiatives4 Ora Banda Mining Ltd (ASX: OBM) (“Ora Banda” or “the Company”) is pleased to report its activities for the December 2025 quarter, during which the Company continued to show positive progress in production ramp-up across its Davyhurst operations, deliver exploration success across the portfolio and take important steps in realising the Company’s organic growth strategy. 1 Refer ASX Announcement 15 January 2026 “High-grade Results at Golden Pole expands Waihi's mineralisation envelope” 2 Refer ASX Announcement 23 October 2025 “Outstanding Drill Results continues to expand Little Gem and Riverina” 3 Refer ASX Announcement 18 December 2025 “Sand King Drilling Confirms Significant Mineralisation Extensions in the Northern Corridor” 4 Refer ASX Announcement 28 January 2026 “Investment Approved to Advance Key Growth Projects” For personal use only
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2 Managing Director’s Comment Ora Banda’s Managing Director, Luke Creagh, said: “The Company continues to deliver its organic growth strategy, with production expected to increase in the second half of FY26 as mining volumes increase at both operations.” “Importantly, the $73 million investment in exploration and resource development drilling across the Project in FY26 continues to yield strong results, underpinning the recent decision to approve a number of additional capital growth projects.” Improving underground mining volumes drive 39% half-on-half gold production The Company is continuing to see mining volume growth at both operations as production continues to ramp up at Riverina and Sand King Undergrounds. Total ore tonnes in the December 2025 quarter increased by 29% at Sand King and 12% at Riverina compared with the September 2025 quarter. The Company expects stronger production from both operations across the second half of FY26. During the quarter, the Company strengthened its cash position, increasing by $32.8 million over the quarter to $155.4 million. This was achieved while investing $57.9 million in capital projects, resource development and exploration as follows: • $22.6 million on Riverina & Sand King Underground development (sustaining & growth); • $12.3 million on growth and sustaining infrastructure; and • $22.9 million on resource development & exploration activities. The closing cash is also after $8.3 million paid for Put Option premiums, including $3.6 million for existing deferred premiums and $4.7 million for new Put Options over 41.7koz for January to June 2026 at an exercise price of A$6,000/oz. Third party volumes increased during the December quarter, reflecting the current throughput constraints at the existing Davyhurst processing facility, as mining volumes increase. A total of 135.6kt was hauled, representing a 145% (80.2kt) increase from the prior quarter. For personal use only
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3 Figure 1 - Quarterly ounce production (including attributable ounces) and head grade Figure 2 - Six-monthly ounce production (including attributable ounces) 12,190 14,377 16,340 17,368 19,271 24,327 22,973 23,150 20,560 27,031 25,181 2,575 1,389 3,564 6,855 1.6 2.0 2.1 2.2 2.6 3.4 2.9 3.1 2.8 3.1 2.9 - 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 5.0 - 2,500 5,000 7,500 10,000 12,500 15,000 17,500 20,000 22,500 25,000 27,500 30,000 32,500 Jun-23QtrSep-23QtrDec-23QtrMar-24QtrJun-24QtrSep-24QtrDec-24QtrMar-25QtrJun-25QtrSep-25QtrDec-25Qtr Head Grade (g/t) Produced Oz Produced Oz (LHS)3rd Party (LHS)Head Grade (RHS) 24,500 30,717 36,639 47,300 43,710 52,212 2,575 1,389 10,419 - 10,000 20,000 30,000 40,000 50,000 60,000 70,000 6-monthsJun-23 6-monthsDec-23 6-monthsJun-24 6-monthsDec-24 6-monthsJun-25 6-monthsDec-25 Produced Oz DavyhurstThird Party For personal use only
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4 Figure 3 - Quarterly mined ounces by source (including Low Grade (LG)) Updated Capital and AISC Guidance Investment approved to advance key growth projects9 The Company has recently announced Board approval for key growth projects, advancing its organic growth strategy, with $63 million of internally funded capital investment including: • $10 million to progress the ~3Mtpa new processing plant from DFS to FEED10, with FEED expected to be completed in the June quarter (2026). This investment will refine final design and capital requirements for the standalone construction of a new mill, next to Ora Banda’s existing 1.2Mtpa Davyhurst processing plant. • $30 million pre-production capital to commence open pit mining works at Waihi, which is located approximately 3km from the Davyhurst processing plant. In addition to providing ore to the existing Davyhurst mill, open pit works at Waihi will allow for suitable portal locations should drilling continue to support an underground mine. • $2311 million to upgrade accommodation capacity, with the expansion of the existing Davyhurst camp and construction of a new camp at Siberia, adding ~250 rooms across the Davyhurst Project, supporting the continued growth of the operation. The Company expects to undertake these key growth projects during the second half of FY26 and as such, has updated its FY26 capital guidance. Furthermore, updated FY26 guidance includes an adjustment for minor capital project work that has been deferred. 9 Refer ASX Announcement 28 January 2026 “Investment Approved to Advance Key Growth Projects” 10 “DFS”- Definitive feasibility study, “FEED”- Front end engineering design 11 Total capital works for camp expansion forecast to be $34 million, with $23 million expected within FY26, with the remainder to be spent in FY27. For personal use only
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5 Metric Unit FY26 Guidance (Revised) Change ($M) Exploration and Resource Development $M 73 - Growth Capital $M 143 +57 Table 1 – Updated FY26 Capital Expenditure Guidance Updated FY26 AISC Guidance Ora Banda’s FY26 year to date all-in sustaining cost is currently A$3,188/oz. During the December quarter there was a significant increase in the Company’s third-party milling costs as a result of the ramp up in hauled tonnes, together with the higher gold price increasing the unit processing cost. With third party volumes expected to increase through the second half of FY26, and the anticipation of a continuation of the current AUD gold price environment, the Company has elected to provide updated FY26 AISC guidance: Metric Unit FY26 Guidance (Revised) FY26 guidance (prior) AISC $/oz 3,250 – 3,350 2,800 – 2,900 Table 2 – Updated FY26 AISC guidance FY26 production guidance remains unchanged at 140- 155koz, although expected to be towards the lower end of the range. Davyhurst Project Underground – Riverina A total of 2,189 development metres (excluding vertical development) were completed during the quarter, in line with the previous quarter. Total development metres include 1,383 metres of operating development, which increased by 7% on the previous quarter. Underground – Sand King The production rate at the Company’s second underground mine, Sand King, continues to ramp up with a 29% increase in total ore tonnes mined (inc. LG) compared with the prior quarter. A low-grade mining sequence resulted in lower ounces mined when compared to prior quarter. Mined grade is expected to increase in the following quarters. Development metres increased by 30% compared to the prior quarter, with 2,313 development metres completed (Q1: 1,781 metres), including 1,417 metres of operating development. For personal use only
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6 Figure 4– Sand King Underground Ramp up – quarterly lateral development metres Figure 5 – Sand King Underground long section showing actual development and underground mine design Processing A total of 292,793t was milled at 2.9g/t for 25,181oz (Q1: 293,700 at 3.1g/t for 27,031oz). Despite a slight reduction in head grade compared with the prior quarter, plant recovery performance was strong, with the December quarter seeing an average recovery of 92%, up from 88% realised through FY25. The Davyhurst plant continues to perform well, with strong throughput rates on 100% fresh rock ore expected to continue into H2. For personal use only
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7 Figure 6 – Davyhurst milled tonnes & head grade For personal use only
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8 Physicals Davyhurst Gold ProjectOperations Summary Units Sep-25 Dec-25 FY26 TotalUNDERGROUNDRiverinaCapital Development Metres 860 806 1,666 Operating Development Metres 1,297 1,383 2,680 Vertical Development Metres 252 341 593 Development Ore Mined Tonnes 34,804 40,819 75,623 Development Mined Grade g/t 2.9 2.8 2.9 Development Ounces Mined oz 3,291 3,666 6,957 Stope Ore Mined Tonnes 82,086 81,152 163,238 Stope Mined Grade g/t 3.7 3.7 3.7 Stope Ounces Mined oz 9,750 9,582 19,332 Mined OreOre Mined Tonnes 116,890 121,971 238,861 Mined Grade g/t 3.5 3.4 3.4 Ounces Mined oz 13,041 13,248 26,289 Low Grade Ore Mined Tonnes 21,705 33,144 54,849 Mined Grade g/t 1.5 1.3 1.4 Ounces Mined oz 1,014 1,384 2,398 TOTAL MINING Ore Mined Tonnes 138,595 155,115 293,710 Mined Grade g/t 3.2 2.9 3.0 Ounces Mined oz 14,055 14,632 28,687 Sand KingCapital Development Metres 751 896 1,647 Operating Development Metres 1,030 1,417 2,447 Vertical Development Metres 214 364 578 Development Ore Mined Tonnes 40,230 33,949 74,179 Development Mined Grade g/t 3.3 2.9 3.1 Development Ounces Mined oz 4,253 3,121 7,374 Stope Ore Mined Tonnes 86,671 112,905 199,576 Stope Mined Grade g/t 4.2 2.9 3.5 Stope Ounces Mined oz 11,709 10,455 22,164 Mined OreOre Mined Tonnes 126,901 146,854 273,755 Mined Grade g/t 3.9 2.9 3.4 Ounces Mined oz 15,962 13,576 29,538 Low Grade Ore Mined Tonnes 16,402 38,328 54,730 Mined Grade g/t 1.6 1.5 1.5 Ounces Mined oz 822 1,855 2,677 TOTAL MINING Ore Mined Tonnes 143,303 185,182 328,485 Mined Grade g/t 3.6 2.6 3.1 Ounces Mined oz 16,784 15,431 32,215 Quarter For personal use only
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9 Physicals (continued) * Inclusive equivalent attributable ounces from Paddington third-party campaigns for which Ora Banda is paid on the basis of the value of the gold sold (by reference to the gold price) less processing costs. ** Inclusive of cost of hedging – premiums paid on put options that expired in the period and hedge ineffectiveness recognised in the period. Refer to finance table for breakdown. Drilling Programs A total of $22.8 million was spent on exploration and resource development activities during the quarter, focussing on programs at Waihi, Round Dam, Little Gem and extensional programs at Riverina and Sand King undergrounds. Key intercepts noted below: Sand King12 Further drill results from the northern corridor, between Sand King and the historically mined Palmerston shallow open pit, reinforcing the scale and growth potential of this emerging mineralised system. Drilling across the northern corridor is progressing from both surface and underground, testing the large potential of the northern corridor with 43 surface RC and diamond holes having been completed to date, all of which are outside of the current life of mine (LOM) plan. Assays have been returned from 16 of the 43 surface holes, with significant intercepts including 16.6m @ 8.3 g/t, 6.0m @ 16.9 g/t and 12m @ 6.4 g/t. In parallel, 57 resource extension holes have been drilled from underground into the northern corridor. To date assays from 15 underground holes have been received, including 6.7m @ 39.3 g/t, 7.0m @ 10.7 g/t and 10.5m @ 6.2 g/t. 12 Refer to ASX Announcement “Sand King Drilling Confirms Significant Mineralisation Extensions in the Northern Corridor” dated 18 December 2025 Davyhurst Gold ProjectOperations Summary Units Sep-25 Dec-25 FY26 TotalPROCESSING - DAVYHURST Milled Tonnes Tonnes 293,700 292,793 586,493 Head Grade g/t 3.1 2.9 3.0 Recovery % 91% 92% 92%Gold Produced oz 27,031 25,181 52,212 Gold Sold oz 27,772 24,392 52,164 THIRD PARTY MILLING - PADDINGTON Hauled Tonnes Tonnes 55,364 135,637 191,001 Milled Tonnes Tonnes 54,467 125,104 179,571 Head Grade g/t 2.3 1.7 1.9 Recovery % 88% 87% 88% Equivalent Gold Sold oz 3,564 6,855 10,419 Total Equivalent Gold Sold* oz 31,336 31,247 62,583 Average Price A$/oz 5,256 6,049 5,652 Revenue - Gold & Silver Sales** A$M 164.7 189.0 353.7DAVYHURST GOLD INVENTORIES Total Stockpiles Contained Gold oz 4,246 3,452 3,452 Gold in Circuit (GIC) oz 1,957 2,726 2,726 Total Gold Inventories oz 6,203 6,178 6,178 Quarter For personal use only
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10 Refer to the announcement in the footnote for a full list of significant intercepts. Little Gem13 Phase 3 drilling at Little Gem continues to expand gold mineralisation which now strikes 1,200 metres and 700 metres vertical below surface with mineralisation open in all directions. The carbonate horizons remain the centre piece of the high-grade intersections. Two main gold lodes, namely Diamond Lode(s) and Ruby Lode(s) remain the focus given the potential strike, grade, mineralisation width and predictability of location for drill targeting. Multiple other carbonate units have also been intersected peripheral to the two main lodes. The immediate exploration window continues to expand now measuring 1.2km (strike) and 700 metres vertical with mineralisation open in all directions. Assays have been returned for ~50% of the Phase 3 drill program, with significant intersections including: Refer to the announcement in the footnote for a full list of significant intercepts. Riverina13 Assay results from resource extension and infill drilling continues to define a robust and continuous mineralised system expanding beyond 1,000 vertical metres. Significant results include: Refer to the announcement in the footnote for a full list of significant intercepts. Gold Sold and AISC Total gold sold from the Davyhurst mill for the quarter was 24,392oz, representing a 12% decrease on the prior quarter. The decrease is largely attributed to Sand King Underground going through a low-grade sequence. The Company continued third party campaigns at Norton Gold Fields (‘NGF’) Paddington Mill under the existing Ore Sale Agreement14. Under this agreement, the Company sells ore to NGF. Payment is based on the value of gold sold (referenced to the prevailing gold price), net of processing costs. During the quarter, 136kt was hauled to the Paddington mill, resulting in 6,855 attributed ounces. Total equivalent gold sold for the quarter was 31,247oz. 13 Refer to ASX Announcement “Outstanding Drill Results Continue to Expand Little Gem & Riverina” dated 23 October 2025 14 Pursuant to Ore Sale Agreement dated 13 June 2025 with Norton Gold Fields Pty Ltd (“NGF”) (as varied on 2 August 2025 and 19 September 2025). The Company is in the process of finalising a full form binding Ore Sale Agreement for the remainder of FY26 (in place of the Memorandum of Understanding dated 10 July 2025 (“MOU”)). Refer to ASX Announcement “FY25 Production Results & FY26 Guidance” dated 11 July 2025 for further details. o 25.6m @ 4.3 g/t Inc. 2.0m @ 17.2 g/t o 13.8m @ 5.4 g/t Inc. 0.5m @ 32.5 g/t & Inc. 3.0m @ 10.2 g/t o 9.0m @ 8.1 g/t Inc. 4.0m @ 14.5 g/t o 15.0m @ 4.2 g/t Inc. 1.0m @ 14.0 g/t o 3.4m @ 51.7 g/t Inc. 1.0m @ 172.4 g/t o 2.6m @ 63.0 g/t Inc. 0.3m @ 505.0 g/t o 1.0m @ 164.6 g/t o 4.1m @ 35.4 g/t Inc. 0.5m @ 264.0 g/t o 2.2m @ 56.0 g/t Inc. 0.8m @ 157.0 g/t For personal use only
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11 AISC per ounce sold (inclusive of attributed ounces) for the quarter was $3,505/oz, a 22% increase from the prior quarter, attributed to Sand King Underground’s low-grade sequence and higher tonnage processed via third party milling. Figure 7 - Gold Sold, AISC & Realised AUD GP (including attributed ounces & cost of hedging) For personal use only
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12 Finance A. Inclusive of non-cash share-based payments - $92/oz for Q2 (Q1: $51/oz) B. Inclusive of attributed ounces from third party campaigns, for which Ora Banda is paid on the basis of the value of gold sold (by reference to the gold price) less processing costs. C. Cost of hedging represents a) the premiums paid on put options that expired in the period, whether exercised or not, and b) hedge ineffectiveness recognised during the period. Refer to Gold Price Protection section below for further details. Units Sep-25 Dec-25 FY26 TotalUnderground Mining $'000s 34,306 40,334 74,640Processing $'000s 17,791 18,393 36,184Third-party milling $'000s 5,852 17,183 23,035Haulage $'000s 4,083 5,185 9,268Site G&A $'000s 3,926 3,933 7,859Royalties $'000s 5,797 6,459 12,256Corporate Overheads[A]$'000s 5,237 7,948 13,185By Product Credits $'000s (597) (743) (1,340)Operating Costs $'000s 76,396 98,691 175,087Rehab- Accretion $'000s 200 200 400Inventory Stock Movements $'000s 3,477 483 3,960Sustaining Mine Development $'000s 9,099 8,427 17,526Sustaining Capital $'000s 831 1,707 2,538All-in Sustaining Costs $'000s 90,002 109,509 199,511Gold Sales[B]oz 31,336 31,247 62,583Underground Mining $/oz 1,095 1,291 1,193Processing $/oz 568 589 578Third-party milling $/oz 187 550 368Haulage $/oz 130 166 148Site G&A $/oz 125 126 126Royalties $/oz 185 207 196Corporate Overheads $/oz 167 254 211By Product Credits $/oz (19) (24) (21)Operating Costs $/oz 2,438 3,158 2,798Rehab- Accretion $/oz 6 6 6Inventory Stock Movements $/oz 111 15 63Sustaining Mine Development $/oz 290 270 280Sustaining Capital $/oz 27 55 41All-in Sustaining Costs $/oz 2,872 3,505 3,188Revenue from Operations A$M 168.3 199.5 367.8Cost of Hedging[C]A$M (3.6) (10.5) (14.1)Net Gold Revenue A$M 164.7 189.0 353.7Average realised gold price $/oz 5,256 6,049 5,652 Finance SummaryQuarter For personal use only
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13 Cash & Equivalents As at 31 December 2025 cash totalled $155.4 million, representing a $32.8 million increase in cash for the period. Refer below for a reconciliation of movements in cash for the quarter: Figure 8 - Quarterly Cash Movement Operating cash flows is calculated as revenue less operating costs. Operating costs is inclusive of $8.1M in AASB 16 lease principal and interest payments. Gold Price Protection During the quarter, put options were executed covering 150koz over the period January to June 2026 and October 2026 to October 2027 at a strike price of $6,000, protecting underlying cashflows over a period of significant growth investment for the Company. During the quarter, $8.3 million was paid for put option premiums, including $3.6 million for existing deferred premiums and $4.7 million for new put options. All put options expired unexercised in the current and prior quarter. In addition, $7.0 million of hedge ineffectiveness was recognised in the current period (Q1: $nil). This amount represents the premiums payable on put options entered into in the Mar-25 quarter at $4,400/oz, which were replaced in the current quarter with put options at $6,000/oz. Cash and Equivalents UnitsSeptemberQtrDecemberQtrCash at bank $'000s122,676 155,436 For personal use only
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14 Figure 9 – Put options schedule The above chart excludes the 50koz of Put Options at an exercise price of A$4,400 from January – June 2026. Sustainability Update Key Q1 highlights: Safety & wellbeing: Safety performance remained stable during the quarter with no material change. The TRIFR and LTIFR remained steady at 11.9 and 0.6 respectively, reflecting continued focus on proactive risk management and consistent safety behaviours across operations. Vehicle safety and contractor risk controls were materially strengthened during the quarter. The Fleetware Vehicle Safety Management System was risk assessed, implemented, and is now live across the light vehicle fleet, with installations completed in December 2025 Workforce & culture: HSET capability was expanded to support business growth through onboarding of additional resources. Focus remained on workforce competence and compliance, with core business systems training delivered to new starters and ongoing support provided to statutory role holders ahead of the March 2026 regulatory deadline Environmental progress: Material progress was achieved across approvals, rehabilitation, and water management. Key Mine Development and Closure Proposals were advanced or submitted, supporting planned operational expansions. Riverina Airstrip development works near completion, with clearing undertaken in accordance with regulatory and biodiversity controls. Rehabilitation planning advanced across multiple sites, with design and cost scoping completed to support FY26 execution. Water stewardship initiatives progressed, including production bore drilling, wastewater infrastructure design, and borefield upgrades to ensure compliance with saline water management requirements. Environmental data maturity was strengthened through continued development of the waste and emissions management database for operational rollout. $6,000 $4,900 $5,250 $6,000 $- $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 - 2.0 4.0 6.0 8.0 10.0Jan-26Feb-26Mar-26Apr-26May-26Jun-26Jul-26Aug-26Sep-26Oct-26Nov-26Dec-26Jan-27Feb-27Mar-27Apr-27May-27Jun-27Jul-27Aug-27Sep-27Oct-27$A$/oz koz OuncesAverage Strike Price For personal use only
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15 Community engagement: In December 2025 the Federal Court made a finding that the Marlinyu Ghoorlie (“MG”) people had traditional rights and interests in the claimed land in accordance with the Native Title Act 1993 (Cth). The Federal Court’s decision recognises the MG Group people as the traditional owners and is an important step toward a formal native title determination. In this regard, Ora Banda continues to work collaboratively with the Marlinyu Ghoorlie people. Contractor and project partner engagement remained strong, with early mobilisation processes and review of Safe Systems of Work completed ahead of construction activities at the Riverina Airstrip. Cultural and environmental considerations continued to be integrated into planning and execution, particularly for infrastructure and camp development works with heritage surveys and flora and fauna studies well progressed. Governance & Compliance: Governance activities continued, with Sustainability Committee oversight maintained throughout the quarter. HSET reviews of contractor tenders were completed ahead of award, while road safety and traffic management remained a key focus area with traffic management plans consolidated into a single operating plan with site specific application. Additional resourcing was also onboarded this quarter to assist with regulatory reporting for mine closure plans while maintaining momentum with approvals and compliance obligations. Corporate As at 31 December 2025, the issued capital of the Company was: No. of Instruments Fully paid ordinary shares 1,921,863,544 Unlisted performance rights 118,680,827 During the quarter: 20,128,179 unlisted performance rights were exercised. 8,648,809 unlisted performance rights were cancelled. The Company issued 21,478 fully paid ordinary shares (“Shares”) in lieu of fees payable (“Fee Shares”) to non-executive directors as approved by shareholders at the Company’s annual meeting held on 28 November 2023. Fee Shares are issued to each director on a quarterly basis, with the deemed issue price of the Fee Shares being equal to the volume weighted average price of Shares calculated over the 10 trading days prior to the end of the quarter. Subsequent to the end of the quarter, the Company announced the appointment of John Sanders as General Counsel & Joint Company Secretary, effective 20 January 2026. For personal use only
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16 This announcement was authorised for release to the ASX by the Board of Directors of Ora Banda. For further information about Ora Banda and its projects please visit the Company’s website at www.orabandamining.com.au. Investor & Media Queries: Luke Creagh Kurt Walker Managing Director Investor Relations +61 8 6365 4548 +61 8 6365 4548 admin@obmltd.com.au admin@obmltd.com.au Mineral Resource and Ore Reserves The information in this ASX Announcement that relates to Mineral Resources and Ore Reserves has been extracted from the Company’s ASX Announcement, ‘Annual Mineral Resource and Ore Reserve Statement’ dated 12 September 2025. The Company confirms that it is not aware of any new information or data that materially affects the information included in that ASX Announcement and that all material assumptions and technical parameters underpinning the estimates in that ASX Announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Persons’s findings are presented have not been materially modified from those ASX Announcements. Exploration Results The information in this ASX Announcement that relates to prior Exploration Results has been extracted from the Company’s ASX Announcements 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 Announcements. The Company confirms that the form and context in which the Competent Persons’s findings are presented have not been materially modified from those ASX Announcements. “High-grade results at Golden Pole expands Waihi's mineralisation envelope” dated 15 January 2026 “Outstanding Drill Results continues to expand Little Gem and Riverina” dated 23 October 2025 “Sand King Drilling Confirms Significant Mineralisation Extensions in the Northern Corridor” dated 18 December 2025 Forward Looking Statements This announcement contains forward-looking statements which may be identified by words such as “forecast”, “believes”, “estimates”, “expects”, “intends”, “may”, “will”, “would”, “could”, or “should” and other similar words that involve risks and uncertainties. These statements are based on an assessment of present economic and operating conditions, and on a number of assumptions regarding future events and actions that, as at the date of this announcement, are expected to take place. Such forward-looking statements are provided as a general guide only, are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, the Directors and management of the Company. When forecasting or providing guidance on costs and production the Company has taken into account current operating costs, design, plans of the Company, cost escalation, required personnel numbers and inputs including capital estimates, submitted tender rates from contractors and suppliers, and average industry productivity and mining specification metrics. These and other factors could cause actual results to differ materially from those expressed or implied in any forward-looking statements. The Company has no intention to update or revise forward-looking statements, or to publish prospective financial information in the future, regardless of whether new information, future events or any other factors affect the information contained in this announcement, except where required by law. The Company cannot and does not give assurances that the results, performance or achievements expressed or implied in the forward-looking statements contained in this announcement will actually occur and investors are cautioned not to place undue reliance on these forward-looking statements. For personal use only