Igo Limited · ASX:IGO
Igo — Q1 FY2027 Earnings Presentation
15 slides from Igo's earnings presentation, Oct 29, 2026
Slide 1: 1Q27 Results Presentation
personal use only 1Q27 Results Presentation IGO Limited IGO Limited | 29 October 2026
Slide 2: Results summary
Results summary Strong operational performance from Nova and Greenbushes personal use only SUSTAINED FOCUS ON NOVA RECORDED GREENBUSHES STRONG FINANCIAL SAFETY STRONG FINAL DELIVERED RECORD RESULTS QUARTER PRODUCTION • 50% reduction in TRIFR over • Nickel production up 19% • Record quarterly spodume
Slide 3: Sustained focus on safety performance
Safety Sustained focus on safety performance personal use only TRIFR Performance to 30 September 2026 YoY IMPROVEMENT 15 50% lower Group 12-month TRIFR 12.5 9.9 10 SEPTEMBER QUARTER RESULT 2 7.1 recordable injuries at Nova; 8.0 TRIFR rose to 4.0 during the quarter 5.3 5.5 6.5 5 4.9 3.7 4.0 FOCUS Mai
Slide 4: Nova: Outstanding final full quarter
Nova Outstanding final full quarter from Nova personal use only PRODUCTION Units 1Q27 4Q26 % change 4,635t Nickel ▲ 19% QoQ Nickel production t 4,635 3,882 ▲ 19% 2,144t Copper ▲ 27% QoQ Nickel sales t 4,576 3,372 ▲ 36% Copper production t 2,144 1,694 ▲ 27% Production performance reflects stronger mi
Slide 5: personal use only
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Slide 7: Nova's Legacy
Nova’s Legacy A decade of contribution to IGO, with sustained performance to the end personal use only High-quality, low-cost Strong performance to Contribution to people Nova to continue under operation the end and partners new ownership Maintained strong production On track to beat life-of-mine Cr
Slide 8: Greenbushes: Record production and lower costs
Greenbushes Record production and lower costs as CGP3 reaches sustained nameplate personal use only 1Q27 PRODUCTION 100% basis Units 1Q27 4Q26 % change ▲12% QoQ on higher grade and 435kt improved recovery Spodumene production kt 435 387 ▲ 12% Spodumene sales kt 376 391 ▼ 4% CASH COSTS ▼ 7% QoQ; EBIT
Slide 9: Kwinana: Production performance improving
Kwinana Production performance improving; conversion costs remain elevated personal use only 1Q27 PRODUCTION 100% basis Units 1Q27 4Q26 % change Major shutdown complete, production has resumed Lithium hydroxide production t 918 897 ▲ 2% Lithium hydroxide sales t 926 864 ▲ 7% CONVERSION COSTS Convers
Slide 10: Financial results
Financial results Strong earnings performance; balance sheet remains strong with A$376M cash personal use only UNDERLYING EBITDA 1 Units 1Q27 4Q26 % change $176M ▲ 49%, supported by Nova and positive investment revaluations Sales revenue A$M 158 141 ▲ 12% Nova EBITDA A$M 56 31 ▲ 83% REVENUE Share of
Slide 11: Priorities
Priorities Optimise our existing portfolio and position for growth personal use only 1 UNLOCK VALUE FROM OUR LITHIUM BUSINESS 2 MAXIMISE VALUE FROM NON- CORE ASSETS 3 ADVANCE GROWTH OPPORTUNITIES • Support our joint venture partners to • Complete the divestment of Nova to • Build a pipeline of advan
Slide 12: Summary
Summary Strong performance from Nova and Greenbushes; IGO well positioned for growth personal use only SAFETY NOVA • Group TRIFR of 4.0, down 50% year on year • Nickel production rose 19% in the final full • Quarterly increase reinforces focus on critical risks quarter • Cash costs fell 55% to $2.00
Slide 13: Investors & Media
personal use only Investors & Media Richard Glass Head of Strategy and Investor Relations T: +61 8 9238 8300 E: [email protected] Authorised for release to the ASX by Managing Director and CEO, Ivan Vella Page 13
Slide 14: Cautionary Statements & Disclaimer
Cautionary Statements & Disclaimer • This presentation has been prepared by IGO Limited (“IGO”) necessary infrastructure. Where such a reference is made, it • Lithium cash costs reported as COGS (cash costs of goods personal use only (ABN 46 092 786 304). It should not be considered as an should be
Slide 15: Making a Difference
personal use only We believe in a world where people power How? Developments in battery storage makes amazing things happen. technology are enabling the full potential of Making a renewable energy to be realised, by allowing Where technology opens up new horizons energy produced from the sun, wind a