Sandfire Resources Ltd · ASX:SFR
Sandfire Resources — Africa Down Under 2026
15 slides from Sandfire Resources's conference presentation, Sep 8, 2026
Slide 1: Motheo | A success story
Africa Down Under 2026 Motheo | A success story Jason Grace Chief Operating Officer
Slide 2: Important information and disclaimer
Important information and disclaimer This presentation has been prepared by Sandfire Resources Limited (ABN 55 105 154 185) (Sandfire or the Company) and contains Forward-Looking Statements information about Sandfire current at the date of this presentation. The presentation is in summary form, has
Slide 3: Acknowledgement of Country
ACKNOWLEDGEMENT OF COUNTRY Sandfire acknowledges the Traditional Custodians of the land on which we stand, the Whadjuk people of the Noongar Nation, as well as the First Nations peoples of the lands on which Sandfire conducts its business. We pay our respects to their Elders, past, present and emerg
Slide 4: Motheo | A shared success for Sandfire and Botswana
Motheo | A shared success for Sandfire and Botswana Asset location Botswana • Ranked 7th most attractive mining investment jurisdiction in the world • Highest-ranking African jurisdiction • Ranked among Africa’s most stable and transparent jurisdictions • Since 2021, Sandfire has invested more than
Slide 5: Sandfire | An established global copper producer
Sandfire | An established global copper producer DeGrussa, Western Australia Motheo, Botswana MATSA, Spain Kalkaroo, South Australia 5
Slide 6: The Sandfire Way
The Sandfire Way Our values Our purpose We mine copper sustainably to energise the future Honesty Our strategic pillars Respect Deliver safe, Reduce our Increase Demonstrate consistent and carbon intensity our reserves capital discipline predictable performance Collaboration We deliver our purpose b
Slide 7: Safety | Nothing is more important
Safety | Nothing is more important • In FY26, safety performance improved at Motheo, with a reduced Total Recordable Injury Frequency (TRIF) of 0.7. Group TRIF was 1.6 • Our Don’t Walk Past philosophy encourages everyone to speak up and address hazards and unsafe practices. • Behavioural-based safet
Slide 8: Motheo | Our story
Motheo | Our story • Acquired MOD Resources in 2019 • Built Motheo during COVID, on time and to budget • In 2022, released expansive definitive feasibility study • First production in 2023 with open-pit T3, Motheo exceeded expectations • Central processing increased from 3.2 to 5.2Mtpa • Two produci
Slide 9: Motheo | FY26 highlights
Motheo | FY26 highlights A record year for Motheo Motheo location • Record annual FY26 CuEq production of 59.7kt • Achieved record mill throughput of 6.1Mt • Established access to higher grade ore at T3 and A4, setting a solid foundation for FY27 • Capitalised on strong commodity markets and low TCR
Slide 10: Motheo | Exploration in FY26
Motheo | Exploration in FY26 Regional geology • Exploration is embedded in our core pillar – Increase our Reserves – and is focused on global infill, near-mine and regional opportunities • In FY26, we invested US$47.4M in global exploration including US$23.9M in Botswana • Implemented a full complem
Slide 11: Motheo | FY27 Outlook
Motheo | FY27 Outlook • Identify and test high-priority targets as we seek to increase our reserve life to 15 years • CuEq production expected to increase and be within a range of 61kt to 67kt • Unit costs expected to increase marginally to $47/t • Capital expenditure expected to increase to $98M as
Slide 12: Our people
Our people Employment in Botswana • Nearly ~2,000 direct employees at Motheo 96% 78% • Decentralised operating model direct employees of managers are • 25% women in the workforce (more than double the are Batswana Batswana local industry average) 12
Slide 13: Our commitment to sustainability
In FY26 Our commitment to sustainability Supported 20 Through US$600,000 community-based a voluntary investment • In FY26, our economic contribution was US$449M. $22M for initiatives program employee wage/pensions and approximately US$75M for taxes and royalties • Our Board approved the allocation o
Slide 14: Motheo | An exciting future
Motheo | An exciting future Sandfire’s Motheo Operations
Slide 15: Thank you
Thank you +61 8 6430 3800 www.sandfire.com.au Sandfire Corporate Office: 10 Kings Park Road West Perth WA 6005 Australia PO Box 1495 West Perth WA 6872 Australia