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VAULT MINERALS ASX ANNOUNCEMENT 20 August 2026 FY26 Financial Results Summary Vault Minerals Limited ( ASX : VAU ) ( Vault or the Company ) is pleased to announce its financial results for FY26 . Highlights : • Group gold production of 336,540 ounces with gold sales of 334,904 ounces . • Group underlying EBITDA1 of $ 953.3 million ( + 54 % on pcp ) . • Underlying net profit before tax1 of $ 619.1 million ( + 121 % on pcp ) . • • • • • • • • • Statutory net profit after tax of $ 278.4 million includes the early settlement of all outstanding gold hedges scheduled for delivery in H2 FY26 ( in November 2025 ) and Q1 FY27 ( in June 2026 ) . Generated $ 487.8 million in free cash flow² whilst continuing to invest in high returning projects including the King of the Hills ( KoTH ) processing plant upgrade in Leonora and record exploration . Cash and bullion of $ 841.6 million , with no debt , an increase of $ 155.7 million from $ 685.9 million at 30 June 2025 . Internally funded early settlement of all remaining gold hedges totalling 57,542 ounces at an average delivery price of A $ 2,797 per ounce for consideration of $ 203.9 million . Returned $ 126.8 million to shareholders through the purchase of 12.0 million shares for consideration of $ 53.9 million and a maiden 7 cents per share or $ 72.9 million ( unfranked ) interim dividend declared in February 2026 and paid in April 2026 . KoTH Stage 2 processing plant upgrade remains on budget and ahead of schedule for commissioning commencing in September 2026. The upgrade is expected to increase throughput capacity by approximately 50 % , supporting a 34 % uplift in Leonora gold production . Received approval for Sugar Zone Closure Plan Amendment , which was formally filed in early July 2026 , and the amended Sewage Environmental Compliance Approval was received on 22 July 2026 , advancing development of the Southern Tailings Management Facility . Underground development at Sugar Zone commenced on 1 July and will progressively ramp up throughput FY27 . Merger with Genesis Minerals Limited to create a new gold major through the combination of complementary assets with the potential to realise significant operational synergies on track for completion in November 2026.3 Standalone FY27 guidance of 355,000 to 375,000 ounces at an AISC of A $ 3,150 to A $ 3,350 per ounce , with further growth to 380,000 to 400,000 ounces in FY28 . 1 Earnings before interest , taxes , depreciation and amortisation ( EBITDA ) and underlying net profit before tax exclude the fair value loss and cost of closing out the gold forward contracts which are considered non - recurring and financing in nature . Refer glossary on page 4 . 2 Free cash flow defined as Operating Cash Flow minus Investing Cashflow minus Payments for Lease Liabilities . 3 Refer ASX release 14 July 2026 " Genesis & Vault agree to merge , creating a new gold major " Vault Minerals Limited | ASX : VAU | ABN 73 068 647 610 | Tel : ( +61 ) 8 6313 3800 | www.vaultminerals.com Suite 4 , Level 3 , South Shore Centre , 85 South Perth Esplanade , South Perth WA 6151