Ann: Operational Update, page-2

Soft December quarter impacts FY26 production and cost guidance
December quarter gold sales were impacted by a number of isolated negative events coinciding at the Company’s
operations late in the quarter. Total sales were ~348koz, resulting in 1H FY26 gold sales of ~729koz.
Given the softer operational performance, the Company has revised its annual production guidance to 1,600-1,700koz,
from 1,700-1,850koz. In addition to the previously disclosed events at Jundee and South Kalgoorlie, which collectively
impacted production by up to 20koz, the quarter was further affected by several unplanned maintenance and
operational challenges.
Lower gold sales across each of the three production centres are expected to impact cost performance. The Company
will provide the December quarter costs and revised annual cost guidance as part of the quarterly results to be released
on Thursday, 22 January 2026.