FY26 H1 Interim Results

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Australia targeting ~100koz; Royal Sheba advancing

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Gold Reserves: 13Moz (Across all operations)
Total Resources: 42Moz (Identified)
Annual Capacity: ~275,000oz (FY26 Guidance)
Validity of Barberton Mines' Mining Rights.
All-In Sustaining Cost (AISC): ~US$1,525/oz – US$1,575/oz (FY26 Guidance)
Life of Mine: ~20 years (Group weighted avg)

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Australia targeting ~100koz; Royal Sheba advancing

Record H1 gold production; FY26 guidance maintained

Tennant integration progressing through steady-state throughput

Evander stability translating into higher underground output

Tailings retreatment delivering production and rehabilitation

Energy security and infrastructure strengthening cost resilience

MTR expansion commissioned; Soweto DFS on track

Main Market admission broadens institutional visibility

Strong cash flow reduces net debt; dividend declared

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