resizing and closure of hedge book, page-3

*The North Mine and Potosi exploration decline will be placed on care and maintenance.

*Under the revised operating plan, ore production will reduce from 1.8 to 0.95 million tonnes per annum

*Regrettably, the lower production rate necessitates a reduction in our workforce from 760 to 320 employees.


“Perilya is in a sound financial position with cash reserves and low debt to weather the current period of low metal
prices,”