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Analyst Duketon Site Visit Continuing to Deliver and Grow Value 2 November 2026 ASX : RRL
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This presentation contains only a brief overview of Regis Resources Limited and its associated entities (“Regis or RRL”) and their respective activities and operations. The contents of this presentation, including matters relating to the geology of Regis’ projects, may rely on various assumptions and subjective interpretations which it is not possible to detail in this presentation,and which have not been subject to any independent verification. This presentation contains a number of forward-looking statements that are subject to risk factors associated with gold exploration, mining and production businesses. It is believed that the forward looking statements in this presentation are reasonable based on information available as at the date of this presentation but known and unknown risks and uncertainties, and factors outside of Regis’ control, may cause the actual results, performance and achievements of Regis to differ materially from those expressed or implied in this presentation. These risk factors include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary licenses and permits and diminishing quantities or grades of reserves, political and social risks, changes to the regulatory framework within which the Company operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and litigation. Readers are cautioned not to place undue reliance on forward looking statements. No representation or warranty, express or implied is made as to the accuracy, currency or completeness of the information in this presentation, nor the future performance of Regis. Except as required by applicable law or regulations, Regis does not undertake to publicly update or review any forward-looking statements, whether as a result of new information or future events. Current and potential investors and shareholders should seek independent advice before making any investment decision in regard to Regis or its activities. References to Tropicana are at 30% ownership unless otherwise noted. Regis is an Australian company which reports in AUD unless otherwise noted. USD dollar figures are converted from AUD at a 0.72 AUD:USD exchange rate. Errors of summation may occur due to rounding in tables and figures included in this presentation. Any Mineral Resources, Ore Reserves, Exploration Results, Exploration Targets, Production Targets, production guidance and forecast financial information referred to in this presentation have been extracted from, and were first reported in accordance with the JORC Code 2012 and the ASX Listing Rules in, the ASX announcements cross-referenced against that information in this presentation (together, the Relevant ASX Announcements). McPhillamys Production Targets and forecast financial information are based on 92% Probable Reserves and 8% Inferred Resources and a supporting PFS titled “New McPhillamys PFS Supports Reinstatement of Ore Reserve” released 19 June 2026. In each case, appropriate Competent Person’s consents were obtained for the release of that information in the Relevant ASX Announcements and those consents remain in place for subsequent releases by the Company of the same information in the same form and context, until the consent is withdrawn or replaced by a subsequent report and accompanying consent. The Company confirms that it is not aware of any new information or data that materially affects the information included in the Relevant ASX Announcements and in each case the Production Targets, forecast financial information and estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning that information in the Relevant ASX 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 ASX announcement. This presentation uses Ore Reserves and Mineral Resources classification terms that comply with reporting standards in Australia. These standards differ significantly from the requirements of the United States Securities and Exchange Commission that are applicable to domestic United States reporting companies and, therefore, are not comparable. Past performance and pro-forma financial information given in this document, including in relation to upgrades to resources and reserves, is given for illustrative purposes only and should not be relied upon as (and is not) an indication of future performance, nor of Regis’ views on the Company’s future financial performance or condition. Investors should note that past performance of Regis, including the historical trading prices of its shares, cannot be relied upon as an indicator of and provides no guidance as to Regis’ future performance, including the future trading price of its shares. The historical information included in this presentation is, or is based on, information that has previously been released to the market. This presentation includes free cash flow per share figures for Regis and other companies. These are estimates based on financial information reported by the relevant companies. Free cash flow and free cash flow per share are non-IFRS measures, are unaudited, do not have a standardised meaning under IFRS, and may not be comparable to similarly titled measures reported by the companies themselves. These estimates are included to illustrate relative positioning on a consistent basis and should not be relied upon as a substitute for measures of performance prepared in accordance with IFRS. As noted above, an investment in Regis shares is subject to known and unknown risks, some of which are beyond the control of Regis. Regis does not guarantee any particular rate of return or the performance of the Company, nor does it guarantee the repayment of capital from Regis or any particular tax treatment. The distribution of this presentation (including an electronic copy) outside of Australia (including the United States) may be restricted by law and any such restrictions should be observed. Any non-compliance with these restrictions may contravene applicable securities laws. ASX announcements are available on the Company’s website at www.regisresources.com.au. Cautionary statement 2
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Corporate Snapshot 3 Capital Structure1 Shares on Issue: ~758.7M Share price: $6.25 Market Capitalisation: ~$4.7B Debt: Nil Cash and bullion3: $1.3B Broker Coverage Board Key Management Managing Director & CEO Jim Beyer Non-Executive Chair James Mactier Non-Executive Director Steve Scudamore Non-Executive Director Fiona Morgan Non-Executive Director Lynda Burnett Chief Operating Officer Michael Holmes Chief Financial Officer Anthony Rechichi Company Secretary Elena Macrides EGM Growth Wade Evans Non-Executive Director Paul Arndt Non-Executive Director & Chair-elect Ian Macliver Head of Investor Relations Mathew Collings EGM People & Capability Yvette Gledhill-Powell 35.6% 39.5% 6.8% 2.0% 7.3% 0.9% 8.0% Register by Geography2 Australia North America United Kingdom Asia Rest of Europe Rest of World Unanalysed 1. Capital structure based on share price at market close on 30 October 2026. 2. Register composition is as at 15 th September 2026. 3. Debt, Cash and bullion balance at 30 September 2026.
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Duketon McPhillamys Tropicana 10Mtpa installed processing capacity FY27 production guidance: 240koz - 270koz Mineral Resources1: 4.0Moz Ore Reserves1: 1.4Moz Mineral Resources1: 2.3Moz Ore Reserves1: 1.9Moz (1.1g/t) FID targeted H1 CY28. 9Mtpa installed processing capacity2 FY27 production guidance: 120koz - 130koz Mineral Resources1: 1.6Moz Ore Reserves1: 0.6Moz Producing, Regis 100% Producing, Regis 30% Growth, Regis 100% Group Resources1 8.3Moz 3.9MozGroup Reserves1 DUKETON McPHILLAMYS WA NSW TROPICANA 4 Unhedged, Dividend Paying Producer With Long Life Assets 1. ASX release titled “Mineral Resource and Ore Reserve Update” dated 22 April 2026 and “New McPhillamys PFS Supports Reinstatement of Ore Reserve” dated 19 June 2026. Total Resources includes 0.4Moz at Discovery Ridge in NSW, not separately shown. Errors of summation may occur due to rounding. Tropicana Resources and Reserves shown on a 30% basis. See full Resource and Reserve Tables in the Appendix of this announcement for more detail. 2. Processing capacity at Tropicana shown on a 100% basis.
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1. Group FY27 AISC includes ~$88/oz of non-cash costs related to stockpile value adjustments. FY27 Guidance – Delivering Growth Today Reinvesting to extend profitable production across the business. FY27 Guidance Group Duketon Tropicana Production (koz) 360 – 400 240 – 270 120 – 130 AISC ($/oz) 2,990 – 3,3901 3,100 – 3,550 2,630 – 2,950 Growth Capital ($M) 250 – 270 235 – 245 15 - 25 Exploration ($M) 80 – 90 - - McPhillamys ($M) 30 – 35 - - 120-130koz 240-270kozDuketon Tropicana 360-400koz Duketon production skewed to H2 Catch up tax payment of ~$220-240M in December quarter Growth capital skewed to H1 5
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6 Q1 FY27 Highlights Safetysaw the LTIFR1 at 0.0 per million hours. Building cash and bullion to $1.28B, up $93M QoQ, including the $51M Vault break fee and after $53M in tax. Post quarter, paid fully franked final FY26 dividend of 20c per share ($152M) Group production was 83.0koz at AISC of $3,617/oz: – Duketon: 56.1koz at AISC of $3,657/oz. – Tropicana: 27.0koz at AISC of $3,423/oz. – Group AISC includes $114/oz of non-cash charges related to stockpile movements. – Q1 AISC inflated by scheduled second half weighting of FY27 production and weather impacts. Gold sales were 74.5koz at $6,088/oz. McPhillamys: post quarter, the Federal Court ruled the Section 10 declaration legally invalid. While the Minister’s redetermination is pending, Regis continues to progress the alternative IWL2 option, which avoids the area affected by the original declaration. 1. Lost Time Injury Frequency Rate (12 month moving average) 2. “Integrated Waste Landform”
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7 Highest FCF per share of any dividend paying ASX gold producer (FY26) Sector leading free cash flow per share Free Cash Flow / Fully Diluted Shares1 (A�/sh) 1. Free cash flow is calculated using operating cash flow less capital expenditure. FDSO is calculated using fully paid ordinaryshares on issue per each company's latest ASX disclosure plus all performance rights, share rights, retention rights, options and warrants on issue, on a full-dilution basis (no treasury-stock adjustment and no assumed exercise proceeds; options/warrants included where in the money). These are estimates based on financial information reported by the relevant companies. Free cash flow and free cash flow per share are non-IFRS measures, are unaudited, do not have a standardised meaning under IFRS, and may not be comparable to similarly titled measures reported by the companies themselves. These estimates are included to illustrate relative positioning on a consistent basis and should not be relied upon as a substitute for measures of performance prepared in accordance with IFRS Note: Share counts as at 17 Sep 2026. Figures based on FY26A reported financials for the period 1 Jul 2025 to 30 Jun 2026. See appendix for supportingdetail of peer comps. A$1.12 / sh A$1.06 / sh A$0.69 / sh A$0.57 / sh A$0.51 / sh A$0.50 / sh A$0.37 / sh A$0.33 / sh A$0.12 / sh Greatland Regis Evolution Mining Westgold Genesis Vault Capricorn Northern Star Ramelius Resources
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8 1. Yield is calculated as the grossed-up FY26 dividends declared (including franking credits of 15cps), divided by the closing share price of $7.72 on the RRL Record Date (11 September 2026). See appendix for peer comp details �265M 2H FY25 5cps Resumption of dividend payments FY26 TOTAL 35cps 6.5% yield1 �850M DECLARED SINCE 2013 Total fully franked dividends Over $300M in last 18 months �38M Delivering consistent, fully franked dividends 0 1 2 3 4 5 6 7 RRL EVN NST WGX RMS VAU CMM GMD GGP FY26 Dividend Yield (%) Solid Bars: FY26 Declared Dividends. Light Grey Bars: Embedded Franking Credit Value
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$80M $229M $367M $517M $675M $930M $1,128M $1,184M $1,277M Sep-24 Dec-24 Mar-25 Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 Sep-26 +$149M +$138M +$150M +$158M +$255M +$198M +$56M $38M Dividend Paid $114M Dividend Paid 9 Delivered ~�1.2B net cash and bullion build in 24 months Solid fundamentals enable continued delivery into spot gold prices. +$93M Duketon production skewed to H2 Catch up tax payment for FY26 of ~$220-240M in December quarter $152M div payment in October
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10 The Regis Operating Model Sustaining our assets, Harvesting cash flow, Investing for the future Low-cost ounce Replacement ~A$76/oz1 Duketon exploration and Resource definition cost per oz (FY23-26) Reinvesting for growth Exploration & mine development for life extension & organic growth 1 2 3 Duketon Established, paid-for INFRASTRUCTURE Generate strong free cash flows Shareholder returns Fully franked dividends +$300M Declared dividends, Last 18 months 6.5% RRL Dividend Yield2 1. Replacement cost calculated using FY23-26 Exploration and Resource Definition reported costs for Duketon, divided by growth in Duketon Resources in the same period, including Resource depletion through mining. 2. Yield is calculated as the grossed-up FY26 dividends declared (including franking credits of 15cps), divided by the RRL closing share price of $7.72 on the Record Date (11 September 2026).
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The Archean Duketon Greenstone belt is a 100 x 50km geological domain with strong affinities to the highly gold endowed Laverton Greenstone Belt to the south. Multiple gold mineralisation trends, host rocks / styles are present: – Shear-related: Garden Well, Moolart Well, Dogbolter-Coopers. – Quartz dolerite: Rosemont, Baneygo, Idaho, Ben Hur. – Intrusion-related: King John. – Stockwork style: Gloster. – BIF hosted: Toohey's Well. Duketon Regional Geology 11
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12Duketon Operational Footprint 12 Duketon South - DSO Duketon North - DNO Reserves Open Pit: 4Mt @ 1.1g/t 141koz Underground: 12Mt @ 1.8g/t 714koz Stockpiles: 5Mt @ 0.6g/t 101koz Open Pit: 15Mt @ 0.9g/t 426koz Stockpiles: 1Mt @ 0.5g/t 9koz Open Pits Garden Well, King of Creation, Ben Hur North, King John, Baneygo, Mitchell, and stockpiles BuckWell, Ventnor, and stockpiles Underground Rosemont, Garden Well South, Garden Well Main, Rosemont Stage 3 (construction) N/A Processing Garden Well Mill: 4.0Mtpa (fresh) / 5.0Mtpa (oxide) Rosemont Mill: 2.0Mtpa (fresh) / 2.5Mtpa (oxide) Moolart Well Mill: 2.0Mtpa (fresh) / 3.0Mtpa (oxide) Infrastructure Camp and established road network 9MW Solar array Aerodrome, Camp, established road network to Kalgoorlie A dominant, 2,500km2 land package
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13Safety Performance 13 Improved safety performance driven by a focus on risk management and cultural change. Continue to focus on improving safety performance. Prestart programs like: – My Choices Campaign; – Stuff That Can Kill You (STCKY) programs for critical hazards; – Conversation leaders; – Leadership safety training. 0 5 10 15 20 25 30 35 Jul-2017 Jul-2018 Jul-2019 Jul-2020 Jul-2021 Jul-2022 Jul-2023 Jul-2024 Jul-2025 Jul-2026 Frequency Rates (per million man hours) Historical 12MMA Injury Frequency Rates LTIFR TRIFR 0 1000 2000 3000 4000 5000 6000 FY21 FY22 FY23 FY24 FY25 FY26 Safety Interactions Completed Since Introduction Safety Interactions
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14ESG Priorities Reduce GHG emissions 9MW solar farm commissioned in FY24. FY26 CO2e Target: ACHIEVED FY27 CO2e Target: <224kt Progressive Rehabilitation FY26 Target: >200ha ACHIEVED FY27 Target: >105ha Reduce water usage FY26 Target: <3.1GL ACHIEVED FY27 Target: <5.2GL and >55% return water efficiency Community engagement Strengthen engagement and partnership opportunities with the Tjalkadjara People post their Native Title Determination Recognising Traditional Owners as key partners in land stewardship and decision-making. Supporting protection of Country, cultural heritage and significant sites. Building long-term partnerships that deliver sustainable community and economic outcomes. 14
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Production – Gaining Ground Planning and delivery are essential to our success 15 Open Pit – Internal Resource Growth – Flexible Contract to Ramp Up – Stripping Cutback for Future Ore – 400t Diggers Mobilised Underground – Steadily Increasing Development Rates – Steady Increase to Mined Ounces – Improved Productivity – Larger Boggers – Haulage Efficiencies - 5,000,000 10,000,000 15,000,000 H1FY23 H2FY23 H1FY24 H2FY24 H1FY25 H2FY25 H1FY26 H2FY26 H1FY27 H2FY27 Open Pit Material Mined in BCM - 5,000 10,000 H1FY23 H2FY23 H1FY24 H2FY24 H1FY25 H2FY25 H1FY26 H2FY26 H1FY27 H2FY27 Underground Development Metres - 100,000 200,000 H1FY23 H2FY23 H1FY24 H2FY24 H1FY25 H2FY25 H1FY26 H2FY26 H1FY27 H2FY27 Open Pit Ounces Mined - 50,000 100,000 H1FY23 H2FY23 H1FY24 H2FY24 H1FY25 H2FY25 H1FY26 H2FY26 H1FY27 H2FY27 Underground Mined Ounces - 100,000 200,000 H1FY23 H2FY23 H1FY24 H2FY24 H1FY25 H2FY25 H1FY26 H2FY26 H1FY27 H2FY27 Ounces Open Pit and Underground Open Pit Oz Open Pit Range Underground Oz Underground Range - 10 20 30 H1FY23 H2FY23 H1FY24 H2FY24 H1FY25 H2FY25 H1FY26 H2FY26 H1FY27 H2FY27 Open Pit Strip Ratio
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16 Started with MACA in 2010, with ongoing contract extensions. MACA have continued to provide Duketon Operations with Mining, Drilling, Blasting and Maintenance Services. Support services provided from its two Perth office locations. Major onsite infrastructure that includes office, crib and maintenance workshops. Open Pit Mining Skills – MACA our long-term open pit partner MACA Fleet Composition 16 Fleet Detail 8 x T45 Epiroc Drill Rigs 2 x Hitachi EX3600 Excavator (400t) 3 x Liebherr R9200 Excavators (200t) 2 x Komatsu PC1250 Excavators (100t) 1 x Volvo EC950E Excavators 5 x Caterpillar D16 Graders Fleet Detail 9 x Caterpillar D9/D10 Dozer 1 x Caterpillar 844H Wheel Dozer 11 x Komatsu HD1500-8 Dump Trucks 17 x Komatsu HD785-7 Dump Trucks 4 x Volvo A60H Moxy Dump Trucks
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17 Started with Barminco in 2019 and in 2024 we restructured to an Alliance agreement. Major onsite infrastructure includes office, storage, maintenance and fabrication facilities. Managed and led by Alliance Leadership Team, made up of Regis and Barminco Executive and other key members of both leadership teams. The Alliance agreement enables a collaborative structure to capture value and planning certainty. Barminco Underground Fleet Composition 17 Fleet Detail Twin Boom Jumbo 6 x Sandvik DD421-60C Medium Long-hole 2 x Sandvik DL421-9C 2 x Sandvik DL421-15C 1 x Sandvik DL431i-8C Loader 1 x Sandvik LH517 (RCT) 4 x Sandvik LH517i (RCT) 5 x Sandvik LH621i (RCT) Spray & Agi 2 x Normet SF050D 2 x Normet Ultimech LF600 1 x Normet SF050D 2 x Mack Metroliner Fleet Detail Charge Rig 2 x Normet Charmec 1614B 1 x Normet Charmec MC605D(V) 1 x Normet Charmec MC605DA Truck 2 x Sandvik TH663 8 x Sandvik TH663i IT 8 x Volvo L120H (IT-EWP) 1 x Volvo L50H (IT) Other Ancillary 2 x Caterpillar 12M (Grader) 2 x Isuzu FSS550 (Stores Truck) 1 x Hino 4x4 (Stores Truck) 1 x Mack Metroliner (Water Truck) Underground Mining Skills – An Alliance with Barminco
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What gives us confidence in the future of Duketon? 18
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We replace what we mine…..at a low cost per ounce. 19 Note: Duketon Ore Reserve figures are reported as at 31 December of each year Cumulative Duketon Mining Depletion is reported as contained ounces in mill feed for each calendar. ORE Growth %’s stated for Duketon and Tropicana exclude depletion. Regis annual reports can be accessed at https://www.regisresources.com.au/investors/presentations-reports/ * 2025 Duketon Mining Depletion figure is based on Duketon reported ounces processed to 31 December 2025. See Regis QuarterlyReports 30 Sept and 31 Dec. 2025 for interim production figures. 1,400 950 798 1,082 1,389 371 712 1,002 1,265 2021 2022 2023 2024 2025* Duketon Ore Reserves (koz) Cumulative Duketon Mining Depletion (koz) A�76/oz Duketon Resource Replacement (Exploration + Res Dev) +~480% Duketon UG ORE growth (after depletion, since 2019) +169% Tropicana UG ORE growth (after depletion, since 2018) Reserves grow through discovery and ongoing underground step-outs.
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20 Rosemont UG - Where it started… and where we are 2018 Initial Resource Estimate 1 Current Progress 2 1. ASX release titled “Regis Targets Underground Mine at Rosemont with Maiden Underground Resource of 230koz” dated 12 March 2018. 2. ASX release titled “Rosemont Underground Exploration Update” dated 21 September 2026
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1. Ore Reserves and depletion is based on calendar year, calculated at 31 December annually. Please see www.regisresources.comand www.anglogoldashanti.com for further details on Ore Reserves. 2. ASX release “Mineral Resource and Ore Reserve Update” 22 April 2026. ~850% increase in underground Ore Reserves1 at Duketon including depletion of 475koz of gold since 2019 Delivering production sustainability 21 Continuing to build sustainable underground capacity
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22Note: Reserves and Depletion are as at 31 December 2025. Please see ASX release “Mineral Resource and Ore Reserve Update” 22 April 2026 for detail, as well as the Appendix to this announcement. Depletion ounces at GDW South are rounded to nearest 5,000 ounces, while GDW Main are rounded to nearest 1,000 ounces and reflect predominantly development ore. Highlighted drill intervals reported in ASX Release “Mineral Resource and Ore Reserve Update” 22 April 2026. Continuing to build sustainable underground capacity Garden Well mineralisation confirmed 500m down plunge of current resources
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23Note: Reserves and Depletion are as at 31 December 2025. Please see ASX release “Mineral Resource and Ore Reserve Update” 22 April 2026 for detail, as well as the Appendix to this announcement. Depletion ounces at RMT South, Central and Main are rounded to nearest 5,000 ounces, while RMT Stage 3 are rounded to nearest 1,000 ounces. Drill intervals were reported in ASX release “Rosemont Underground Exploration Update” on 21 September 2026 Continuing to build sustainable underground capacity 19koz Reserve + 200koz depletion 219koz 49koz Reserve + 105koz depletion 154koz 167koz Reserve RMT Stage 3 Development RMT South RMT Central and Main Rosemont Stage 3 intersections confirm host unit extends ~600m south of current designs
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24 Drilling at Ben Hur Continues to Deliver Drilling at Ben Hur completed, with final assays received. Underground resource being updated (currently 3Mt @ 2.4g/t for 240koz). Investigation of possible mining scenarios underway, noting narrow vein mineralisation style.
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25 Beamish South – 270koz Resource declared1 1. 200koz indicated, 70koz Inferred. See ASX release titled “Mid Year Exploration Update”, 26 June 2026. NOTE: Beamish South is not considered a Material Mining Project on a stand-alone basis and forms part of the Duketon South Project. New discovery in the Garden Well hub. Initial 270koz Mineral Resource declared mid 2026. Reserve definition drilling completed, assays pending. Exploration activities continue for new mineralisation near built and paid for infrastructure. Discovery, close to established processing capacity, remains the most capital effective way to add ounces. New discovery only 4km Garden Well
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26 MoolartMill (~2.5Mtpa) was in Care & Maintenance. Restarted treating historic stockpiles at record gold prices. BuckWelldelivers further ~223koz over ~5.7 years1. $268M pre-tax NPV(5.6%) and 127% IRR at A$5,387/oz2. 1. ASX release titled “Regis Extends Duketon North Operation Through More Organic Growth” released on 13 Nov 2025. 2. Average realised gold price of $5,387/oz calculated based on revenue generated using consensus pricing over the production period divided by total production. Utilising our infrastructure advantage The Regis team continues to identify new discovery ounces AND Exploit opportunistic ounces to create value organically. Duketon combined mill throughput FY25 7.4Mt FY26 8.1Mt +10% BuckWell — delivering profitable tonnes & ounces Buckingham Wellington Processing Plant Camp All Weather Airstrip
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Tropicana Our valued Joint Venture 27
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Drilling continues to demonstrate mineralisation outside Resource. 28 Tropicana Underground - More value than just Reserves Havana underground remains on track for first production in H1 CY2027. Surface infill drilling at Havana South testing higher-grade mineralisation continuity, part of a program to study and assess viability of another UG mining area. Other drilling has focussed on the Swizzler area, while also assessing continuity to the south of Swizzler shear zone. Exploration images taken from ASX Release titled “Bi Annual Exploration Update”, 2 November 2026. Drilling data span June to September 2026.
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Exploration images taken from ASX Release titled “Bi Annual Exploration Update”, 2 November 2026. Drilling data span June to September 2026. 29 Tropicana Underground - More value than just Reserves Drilling continues to demonstrate mineralisation outside Resource. Wildfire Whiteclaw
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Organic Growth Step changing production and cost 30
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PFS1 outlines : Clearly defined permitting pathway option, avoiding Section 10 area. NPV5.5% $1.1 billion & IRR 21.8% (after tax, at A$4000/oz). ~10 years production – average 190koz p.a. & peak 239koz p.a. LOM AISC of A$1,718/oz. 31 1. See ASX release titled “New McPhillamys PFS Supports Reinstatement of Ore Reserve”, 19 June 2026. 2. See ASX release titled “Federal Court Rules McPhillamys S10 Declaration Invalid", 14 October 2026. McPhillamys – 1.9Moz Reserve The Federal Court has ruled the Section 10 Declaration² invalid. While the Minister’s redetermination is pending, Regis continues to progress the IWL alternative, which avoids the declared area entirely 0 1,000 2,000 0koz 50koz 100koz 150koz 200koz 250koz 1 2 3 4 5 6 7 8 9 10 Au Recovered (koz) AISC (A$/oz) "LOM AISC" Y10 = 26koz @$3,688/oz included in average, to be optimised LOM Avg. A$1,718/oz PFS Annual Gold Production1 & AISC/oz PFS underscores the scale of the opportunity
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32 Established Infrastructure: Clean, debt-free balance sheet and $1.3 Billion cash and bullion1 - delivered in 24 months. Delivering significant value through low cost incremental discovery. Exploiting opportunistic ounces to add real value now. Strong free cash flow: sector leading FCF per share Sector Leading dividend payer, declared ~$850M, fully franked for shareholders since 2013. Clear permitting pathway and timeline for 1.9Moz McPhillamys project. Regis Resources - The Golden Opportunity 1. Unaudited, Net cash and bullion build before $300m debt repayment in January 2025. While continuing to assess value-accretive opportunities. A self-sustaining model, built on our substantial infrastructure base.
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33 The Regis Operating Model Sustaining our assets, Harvesting cash flow, Investing for the future Low-cost ounce replacement ~A$76/oz1 Duketon exploration and Resource definition cost per oz (FY23-26) Reinvesting for growth Exploration & mine development for life extension & organic growth 1 2 3 Duketon Established, paid-for INFRASTRUCTURE Generate strong free cash flows Shareholder returns Fully franked dividends +$300M Declared dividends, Last 18 months 6.5% RRL Dividend Yield2 1. Replacement cost calculated using FY23-26 Exploration and Resource Definition reported costs for Duketon, divided by growth in Duketon Resources in the same period, including Resource depletion through mining. 2. Yield is calculated as the grossed-up FY26 dividends declared (including franking credits of 15cps), divided by the RRL closing share price of $7.72 on the Record Date (11 September 2026).
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For further information: Mathew Collings Head of Investor Relations +61 8 9442 2200 enquiries@regisresources.com
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Appendix 35
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Group Ore Reserves as at 31 December 2025 (Attributable) Project Equity Type Proved Probable Total Ore Reserve Tonnes (Mt) Gold Grade (g/t) Gold Metal (koz) Tonnes (Mt) Gold Grade (g/t) Gold Metal (koz) Tonnes (Mt) Gold Grade (g/t) Gold Metal (koz) Duketon North 100% Open-Pit - - - 15 0.9 423 15 0.9 423 Duketon North 100% Stockpiles 1 0.5 9 - - - 1 0.5 9 Duketon North 100% Sub Total 1 0.5 9 15 0.9 423 16 0.8 433 Duketon South 100% Open-Pit - - - 4 1.1 141 4 1.1 141 Duketon South 100% Underground 0 1.6 12 12 1.8 702 12 1.8 714 Duketon South 100% Stockpiles 5 0.6 101 - - - 5 0.6 101 Duketon South 100% Sub Total 5 0.7 113 16 1.6 843 22 1.4 957 Duketon 100% Total 6 0.6 123 32 1.2 1,267 38 1.1 1,389 Tropicana 30% Open-Pit 1 1.4 28 4 1.8 213 4 1.7 241 Tropicana 30% Underground 1 2.8 121 1 2.9 134 3 2.9 255 Tropicana 30% Stockpiles 5 0.5 79 - - - 5 0.5 79 Tropicana 30% Total 6 1.1 229 5 2.1 347 12 1.5 576 Regis Total Total 12 0.9 351 37 1.4 1,614 49 1.2 1,965 Regis Group Ore Reserves Table The above data has been rounded, and errors of summation may occur due to rounding. Regis Mineral Resources and Ore Reserves shown as at 31 December 2025 (refer to ASX release titled “Mineral Resource and Ore Reserve Update” dated 22 April 2026), except McPhillamys which is shown as 31 May 2026. Refer to ASX release titled “New McPhillamys PFS Supports Reinstatement of Ore Reserve” dated 19 June 2026. 36 Project Equity Type Proved Probable Total Ore Reserve Tonnes (Mt) Gold Grade (g/t) Gold Metal (koz) Tonnes (Mt) Gold Grade (g/t) Gold Metal (koz) Tonnes (Mt) Gold Grade (g/t) Gold Metal (koz) McPhillamys 100% Open-Pit - - - 56 1.1 1,890 56 1.1 1,890 McPhillamys 100% Total - - - 56 1.1 1,890 56 1.1 1,890 Regis Total Total - - - 56 1.1 1,890 56 1.1 1,890 McPhillamys Ore Reserves as at 31 May 2026
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Group Mineral Resources as at 31 December 2025 (Attributable) Project Equity Type Measured Indicated Inferred Total Resource Tonnes (Mt) Gold Grade (g/t) Gold Metal (koz) Tonnes (Mt) Gold Grade (g/t) Gold Metal (koz) Tonnes (Mt) Gold Grade (g/t) Gold Metal (koz) Tonnes (Mt) Gold Grade (g/t) Gold Metal (koz) Duketon North 100% Open-Pit - - - 39 0.9 1,140 9 0.8 250 49 0.9 1,390 Duketon North 100% Stockpiles 1 0.5 10 - - - - - - 1 0.5 10 Duketon North 100% Sub Total 1 0.5 10 39 0.9 1,140 9 0.8 250 49 0.9 1,400 Duketon South 100% Open-Pit 0 1.1 - 25 1.2 940 5 1.2 200 30 1.2 1,150 Duketon South 100% Underground 2 2.6 200 12 2.3 870 4 2.2 270 18 2.3 1,340 Duketon South 100% Stockpiles 6 0.5 110 - - - - - - 6 0.5 110 Duketon South 100% Sub Total 9 1.1 310 37 1.5 1,810 9 1.6 470 55 1.5 2,590 Duketon 100% Total 9 1.1 320 77 1.2 2,950 18 1.2 720 104 1.2 3,990 Tropicana 30% Open-Pit 1 1.4 30 4 1.9 220 - - - 4 1.8 250 Tropicana 30% Underground 4 2.6 350 5 2.7 400 7 2.2 530 16 2.4 1,280 Tropicana 30% Stockpiles 6 0.5 100 - - - - - - 6 0.5 100 Tropicana 30% Total 11 1.4 480 8 2.3 620 7 2.2 530 26 1.9 1,620 McPhillamys 100% Open-Pit - - - 61 1.0 2,070 8 0.7 190 70 1.0 2,260 Discovery Ridge 100% Open-Pit - - - 2 1.8 140 6 1.4 260 8 1.5 400 NSW 100% Total - - - 64 1.1 2,210 14 1.0 460 78 1.1 2,660 Regis Total Total 20 1.2 790 149 1.2 5,780 40 1.3 1,700 209 1.2 8,280 Regis Group Mineral Resources Table Summation errors may occur due to rounding. Regis Mineral Resources have been rounded to the nearest 1,000,000 tonnes, 0.1 g/t gold grade and 10,000 ounces. Mineral Resources are reported inclusive of Ore Reserves. Regis Mineral Resources and Ore Reserves shown as at 31 December 2025 (refer to ASX release titled “Mineral Resource and Ore Reserve Update” dated 22 April 2026). Mineral Resources and Ore Reserves are reported inclusive of ore stockpiles. 37
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Source Data 38 Company FY26 Declared Dividends (AUD) Franking 11/9/2026 Closing price for yield calc (AUD) Source (ASX Announcement) Published Date NST 55cps 100% 22.08 FY26 Annual Report: https://tinyurl.com/mryh99ap 20/8/2026 EVN 41cps 100% 14.00 FY26 Annual Report: https://tinyurl.com/57nhbxsw 19/8/2026 CMM 10cps 100% 14.96 FY26 Annual Report: https://tinyurl.com/2766ad4r 27/8/2026 RMS 6cps 100% 3.74 FY26 Financial Results: https://tinyurl.com/RMSDiv 21/8/2026 WGX 10cps 100% 5.63 FY26 Returns Announcement: https://tinyurl.com/WGXDivi 28/8/2026 GMD 5cps 100% 7.65 FY26 Appendix 3A: https://tinyurl.com/GMDDivi 20/8/2026 VAU 7cps 0% 6.37 Maiden Dividend Declared: https://tinyurl.com/VAUDiv 26/2/2026 FY26 Dividend Yield Comparison
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Source Data 39 Company (A) Net Cash from Operating Activities (A$M) (B) Net Cash used in Investing Activities (A$M) Source Published Date C = (A – B) Calculated FCF (A$M) D Fully Diluted Shares on Issue (M) Source Published Date (C /D) FCF/Share (A$/share) RRL 1,247 441 FY26 Annual Report: https://tinyurl.com/RRL2026 21/8/2026 806 762 Appendix 3H 27/8/2026 1.06 NST 3,183 2,713 FY26 Annual Report: https://tinyurl.com/mryh99ap 20/8/2026 471 1,432 Appendix 3G 8/9/2026 0.33 EVN 2,637 1,204 FY26 Annual Report: https://tinyurl.com/57nhbxsw 19/8/2026 1,143 2,063 Appendix 2A 2/9/2026 0.69 CMM 470 302 FY26 Annual Report: https://tinyurl.com/2766ad4r 27/8/2026 168 459 Appendix 2A 4/9/2026 0.37 RMS 546 316 FY26 Financial Results: https://tinyurl.com/RMSDiv 21/8/2026 230 1,898 Appendix 2A 8/9/2026 0.12 WGX 964 426 FY26 Financial Report: https://tinyurl.com/WGXFY26 28/8/2206 539 953 Appendix 3H 28/8/2026 0.57 GMD 935 327 FY26 Annual Report: https://tinyurl.com/GMDAR26 20/8/2026 608 1,199 Appendix 2A 8/9/2026 0.51 VAU 888 364 FY26 Financial Report: https://tinyurl.com/VAU26 20/8/2026 523 1,053 Appendix 3H 2/9/2026 0.50 GGP 1,238 455 FY26 Annual Report: https://tinyurl.com/GGP26 27/8/2026 783 700 Appendix 3G 14/7/2026 1.12 FY26 Free Cash Flow Data Sources Note: Net Cash used in Investing Activities excludes cash from proceeds on disposal of PP&E or acquired through asset acquisitions.