Ann: Half Yearly Results Announcement - 30 June 2023, page-2

Fantastic result! - A beat on every single metric!

NET PROFIT AND INTERIM DIVIDEND DETERMINED

FOR SIX MONTHS TO 30 JUNE 20231

Record Half Year Performance and Profit

- Revenue from gold sales for the six months totalled $229.0 million

(June 2022: $196.5 million)2

-Gold sales of 80,115 ounces (June 2022: 79,606 ounces), with production benefiting from record throughput rates for the half year

-Operating cash flow for the six months to 30 June 2023 was $110.3 million

(June 2022: $69.5 million)

-Group free cash flow3 generated for the six months to 30 June 2023 of $74.6 million

(June 2022: $44.6 million)

-EBITDA for the six month period totalled $122.6 million (June 2022: $100.0 million)

-EBITDA Margin of 54% (June 2022: 51%)

-Consolidated net profit after tax for the six months of $55.7 million (June 2022: $39.9

million)

-Basic earnings per share of 5.17 cents (June 2022: 4.52 cents) for six months

-Growing Cash Position

Gold Road ended the half year with cash and short-term deposits of S152.6 million

(31 December 2022: $74.4 million)