Northern Star Resources Ltd · ASX:NST

Northern Star Resources — Gold Forum Americas 2022

15 slides from Northern Star Resources's conference presentation, Sep 20, 2022

  1. Slide 1: Business First – Gold Forum Americas

    For personal use only Business First Gold Forum Americas September 2022

  2. Slide 2: Forward Looking Statements, Reserves and Resources

    Forward Looking Statements, Reserves and Resources Forward Looking Statements For personal use only Northern Star Resources Limited has prepared this announcement based on information available to it. No representation or warranty, express or implied, is made as to the fairness, accuracy, completene

  3. Slide 3: World class gold assets in Tier-1 locations

    World class gold assets in Tier-1 locations For personal use only Generate superior returns Responsible producer Pogo Profitable growth Yandal Kalgoorlie Strong cash flow generation World-class assets 100% +6,000 ASX 50 GOLD PEOPLE MARKET INDEX 3

  4. Slide 4: FY22 operational highlights

    FY22 operational highlights For personal use only 1,561koz Gold Sold A$ 1,633/oz AISC Adaptive to all environments 4

  5. Slide 5: FY22 financial overview

    FY22 financial overview For personal use only A$ 1.0B A$ 1.5B Cash Earnings Underlying EBITDA A$ 430M A$ 628M Statutory NPAT Cash & bullion A$ 300M A$ 250M Share buy-back Declared dividends 5 *Cash Earnings defined as Underlying EBITDA less net interest, tax paid and sustaining capital.

  6. Slide 6: Cash Earnings generation across all three production centres

    Cash Earnings generation across all three production centres For personal use only 41% FY22 Group Level Underlying Pogo 10% Kalgoorlie 54% Yandal 36% EBITDA margin EBITDA contribution FY22 Cash Earnings (A$M) 6

  7. Slide 7: Our commitment to being a responsible producer

    Our commitment to being a responsible producer For personal use only Physical and mental wellbeing Industry leading safety Growing our team skills Respectful and inclusive culture Connecting with our community 7

  8. Slide 8: Consistent and prudent cash deployment

    Consistent and prudent cash deployment For personal use only Capital efficiency 5yr avg 20% ROE Dividends Ranked #1 global gold peers Approximate 66% TSR Buy-back FY23 Cash Uses Growth Capex Ranked #3 global gold peers 11% ROIC Exploration Ranked #10 global gold peers 8 Source: Bloomberg. Global pee

  9. Slide 9: Capital management framework

    Capital management framework For personal use only CAPITAL FINANCIAL RISK ALLOCATION STRENGTH MANAGEMENT  Organic growth  A$1.5B liquidity  Project capex self-funded  Dividends  Net Debt/EBITDA less than zero  Low cost debt (<3%)  A$300M share buy-back  Active portfolio management  Gold hed

  10. Slide 10: Multiple growth projects to deliver profitable growth plan

    Multiple growth projects to deliver profitable growth plan For personal use only FY22 FY23 FY24 FY25 FY26 SUSTAINABLE 1.56Moz 1.56-1.68koz BUSINESS KCGM Fleet Increase KCGM material movement to 80-100Mtpa 1,100koz 3–5 Kalgoorlie Delivery  Fimiston South ramp up; Increased access to Golden Pike KCGM

  11. Slide 11: Focus for FY23

    Focus for FY23 For personal use only Kalgoorlie FY23 UNITS KALGOORLIE YANDAL POGO TOTAL  Progress KCGM waste GUIDANCE material movement  Scheduled KCGM plant Gold Sales koz 820 - 870 480 - 520 260 - 290 1,560 - 1,680 maintenance 1Q23 and 3Q23  Carosue Dam Porphyry Underground 1H23 AISC A$/oz 1,56

  12. Slide 12: Exploration

    Exploration For personal use only Ore Reserves* Mineral Resources* 9% 14% 19% Kalgoorlie Kalgoorlie 20.7 Yandal 18% 56.4 Yandal Moz Pogo Moz 68% Pogo 72% + 10YR A$ 24/OZ Reserve backed Cost of Resource production profile Addition 12 * Annual Mineral Resources and Ore Reserves as at 31 March 2022.

  13. Slide 13: 35% lower carbon emissions by 2030

    35% lower carbon emissions by 2030 For personal use only TBO Expansion 13 References to carbon emissions are for absolute scope 1 and 2 only.

  14. Slide 14: Executing our clearly defined strategy

    Executing our clearly defined strategy For personal use only RESPONSIBLE PROFITABLE STRONG WORLD CLASS GENERATE PRODUCER GROWTH CASH FLOW ASSETS SUPERIOR GENERATION RETURNS 14

  15. Slide 15: Northern Star Resources Limited

    Northern Star Resources Limited ASX Code: NST For personal use only Business First. Investor Enquiries: Sophie Spartalis T: +61 8 6489 2488 E: [email protected] W: www.nsrltd.com 15

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