Azzuro Resources Plc · ASX:AZ9
Azzuro Resources — Investor Presentation (October 2026)
18 slides from Azzuro Resources's investor presentation, Oct 27, 2026
Slide 1: Advancing Base & Precious Metal Discoveries In Mongolia
ASX:AZ9 rsonal use only Advancing Base & Precious Metal Discoveries In Mongolia Copper/Nickel/Gold CORPORATE PRESENTATION October 2026 www.azzuroresources.com
Slide 2: Important Notices
Important Notices DISCLAIMER This presentation has been prepared as of 22 October 2026 by Azzuro Resources PLC (the “Company”) . The presentation is for information purposes only . While every effort is made to provide accurate information, this presentation and the information contained in it is su
Slide 3: Company Overview
Company Overview Azzuro Resources PLC (ASX: AZ9) —Formerly Asian Battery Metals PLC ASX: AZ9 A$14.3m A$4.6m 2 | 100% rsonal use only Oct 23 Sep 30 + placement (Oct) Mongolia Listing Market Capitalisation Cash Flagship Projects, Owned About Azzuro Resources Key Highlights Board of Directors • ASX - l
Slide 4: Mongolia – Mature Jurisdiction
Mongolia – Mature Jurisdiction Top - ranked rsonal use only Rated among Asia’s top 5 jurisdictions for mineral potential (Fraser Institute). prospectivity Top 5 safe and peaceful country in Asia (Global Peace index). Proven Tier - 1 Home to Oyu Tolgoi, one of the world’s very few Tier - 1 Cu discove
Slide 5: Bottom-Decile Copper Operating Costs, Mongolia
BOTTOM - DECILE COPPER OPERATING COSTS MONGOLIA Mine and mill costs run ~30% below the global average rsonal use only Mine Mill TCRC + shipment Royalty 162.7 ¢/ lb Mongolia total cash cost, 2026E 26% below the 219.6¢ global weighted 400 average lb paid Cu) 300 125.4 ¢/ lb Mine + mill cost only Total
Slide 6: Next to 50% Global Copper Smelting Share
NEXT TO 50% GLOBAL COPPER SMELTING SHARE Copper monthly average price, 1990 - 2026 >90% BOARD OF DIRECTORS ~50% 9% rsonal use only China drives global Of global copper Of global mining smelter growth supply, 2025 capacity since 2005 Smelter fees expected to remain at or near zero — signaling stronge
Slide 7: Southwestern Mongolia Emerging Mining District
SOUTHWESTERN MONGOLIA Emerging Mining District EXCELLENT rsonal use only ACCESSIBILITY TO INFRASTRUCTURE 9 –10 km to paved road 30 km to major power grid 5 years to major infrastructure cluster in Altai PROXIMITY TO MARKET 280 km to Mongolia –China border Direct access to major Chinese smelters 7
Slide 8: Red Hill Cu Au VMS
rsonal use only Red Hill Cu Au VMS Copper/Gold 8
Slide 9: Red Hill — Scale Established, Phase 2 Drilling Underway
Red Hill —Scale Established, Phase 2 Drilling Underway Acquired Apr 2026 | Phase 1 Apr –Jun 2026 | Phase 2 since Sep 2026 Exploration Target: 15 –30Mt @ 0.71 –0.9% Cu | 0.26 –0.4 g/t Au 1 rsonal use only Cautionary Statement: The potential quantity and grade of the Exploration Target is conceptual i
Slide 10: Red Hill — Gravity Survey & Shallow Gold Zone
Red Hill —Gravity survey & Shallow gold zone Two independent sources of upside beyond the defined Exploration Target Gravity Survey —Depth Upside rsonal use only • 3D constrained gravity inversion completed August 2026 • Interpreted as mineralisation continuing ~240m below the MU2501 high - grade in
Slide 11: Red Hill — Phase 2 Expands the Copper Footprint
Red Hill —Phase 2 Expands the Copper Footprint New Cu sulphide zone in MU2613A, 70 –80m north of known lenses rsonal use only Completed drillholes at Red Hill ( Maikhan Uul ) Cu - Au Project. Previously announced in ASX announcement dated 01 October 2026 “New Copper Sulphide Zone Discovered at Red H
Slide 12: Oval Cu-Ni-PGE
rsonal use only Oval Cu - Ni- PGE Copper/Nickel 12
Slide 13: Oval Cu-Ni-PGE — 880m of Confirmed Strike
Oval Cu - Ni- PGE —880m of Confirmed Strike Magmatic Cu - Ni- PGE sulphide system | Flagship Discovery Exploration Target: 6Mt to 25Mt @ 0.59% to 1.5% CuEq 1 880m+ 89 –95% 2 rsonal use only Cautionary Statement: The potential quantity and grade of the Exploration Target is conceptual in nature. Ther
Slide 14: Oval Cu-Ni-PGE — Drill-Ready Targets
Oval Cu - Ni- PGE —Drill - Ready Targets 3D IP defines nine new anomalies —five priority - 1 targets 4,375m rsonal use only 13 drillholes planned JORC inferred resource conversion & unlocking further potential Targets & Work Program • 3D IP: 9 new anomalies; 5 priority -1 targets 2 • Ta - 01: extend
Slide 15: Upcoming Catalysts & Work Program
Upcoming Catalysts & Work Program rsonal use only Kerry - Backed & Fully Funded | Strong News Flow Ahead RED HILL —Cu - Au VMS OVAL —Cu - Ni - PGE Q4 2026 —WORK PROGRAM Q4 2026 —WORK PROGRAM • Phase 2 assays — gold zone & new MU2613A Cu zone • Complete 3D IP —5 priority - 1 targets defined • 2nd rig
Slide 16: ESG (Environmental, Social, and Governance)
ESG (Environmental, Social, and Governance) The company integrates ESG as a primary pillar , leveraging high sustainability standards as a strategic advantage in developing critical minerals for the Asian energy transition. rsonal use only Environment Community and Social Governance Regulatory Compl
Slide 17: Mongolia's Next Critical-Minerals Leader
Mongolia’s Next Critical - Minerals Leader Positioned For Growth Why Mongolia? Why AZ9? District - scale portfolio rsonal use only Strategic Gateway to Asia Next Big Mongolian Metals Play District - Scale Potential Direct road and rail links to China, Only ASX - listed junior with high - grade • Two
Slide 18: Thank you for being with us.
rsonal use only Thank you for being with us. GAN - OCHIR ZUNDUISUREN Managing Director gana@azzuroresources .com www .azzuroresources .com 7
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