Ann: Burton Mine Complex transitioning to Owner-Operator model, page-2

In recent times, the Burton Mine Complex has recorded steady-state production while markedly
reducing costs, leaving the business well positioned to now take responsibility for the mine plan,
workforce and fleet. Once the transition has been completed, we expect to see further
improvements across the mine under a single leadership voice.
This transition is a critical first step towards our next stage growth plans to expand our Burton
operations to incorporate tonnages from our Plumtree North, Isaac and Lenton pits, as well as plans
to execute expansion works to refurbish the second module at our CHPP to increase production
and sales. The Company is actively exploring funding solutions to support these plans.
Our business remains committed to working closely with all stakeholders, including current
contractors, suppliers, employees and community partners, to support a well-executed and
successful transition.”