Perseus Mining Limited · ASX:PRU
Perseus Mining — Q1 FY2027 Earnings Presentation
14 slides from Perseus Mining's earnings presentation, Oct 27, 2026
Slide 1: September 2026 Quarter Report
rsonal use only 27 OCTOBER 2026 ASX/TSX: PRU
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS COMPETENT PERSON STATEMENT: All production targets referred to in this report are underpinned by estimated Ore Reserves which have been prepared by competent persons in accordance with the requirements of the JORC Code. rsonal use only The information in this report that relate
Slide 3: September Quarter Operating Performance
SEPTEMBER QUARTER OPERATING PERFORMANCE rsonal use only SAFETY GOLD ALL-IN AVG GOLD CASH NOTIONAL NET CASH PRODUCED SITE COST SALE PRICE MARGIN (2) CASHFLOW(2) & BULLION TRIFR 1.01(1) 92,551 oz US$2,035/oz US$3,881/oz US$1,846/oz US$171M US$900M (3) Down 16,462 oz (1) Up US$94/oz(1) Down US$205/oz(1
Slide 4: Yaouré Gold Mine – September Quarter Performance
YAOURÉ GOLD MINE – SEPTEMBER QUARTER PERFORMANCE rsonal use only OUNCES PRODUCED AISC NOTIONAL CASH MARGIN NOTIONAL CASH FLOW 36.6koz(1) US$2,393(2)oz US$1,452(3)oz US$53M(3) Down 6% on Q4 Up 5% on Q4 Down 12% on Q4 Up 6% on Q4 • CMA Underground – Commercial production achieved on 1st July 2026. • S
Slide 5: Edikan Gold Mine – September Quarter Performance
EDIKAN GOLD MINE – SEPTEMBER QUARTER PERFORMANCE rsonal use only OUNCES PRODUCED AISC NOTIONAL CASH MARGIN NOTIONAL CASH FLOW 35.8koz US$1,738oz US$2,230oz US$80M Down 15% on Q4 Down 11% on Q4 Down 7% on Q4 Down 20% on Q4 • Fetish and Esuajah North (ESN) cutbacks progressed • Sales - 35,995oz at a w
Slide 6: Sissingué Gold Complex – September Quarter Performance
SISSINGUÉ GOLD COMPLEX- SEPTEMBER QUARTER PERFORMANCE rsonal use only OUNCES PRODUCED AISC NOTIONAL CASH MARGIN NOTIONAL CASH FLOW 20.0koz US$1,913oz US$1,898oz US$38M Down 29% on Q4 Up 23% on Q4 Down 19% on Q4 Down 42% on Q4 • A strong contribution from Bagoé - high-grade ore from the Antoinette pi
Slide 7: FY 2027 Production and Cost Guidance Remains Unchanged
FY 2027 PRODUCTION AND COST GUIDANCE REMAINS UNCHANGED PARAMETER UNITS 2027 FINANCIAL YEAR (FORECAST) YAOURÉ GOLD MINE Production Ounces 150,000 - 170,000 rsonal use only All-in Site Cost(1) USD per ounce $1,955 - $2,205 EDIKAN GOLD MINE Production Ounces 150,000 - 170,000 All-in Site Cost(1) USD pe
Slide 8: Balance Sheet Position
BALANCE SHEET POSITION rsonal use only NET CASH AND BULLION LIQUIDITY LISTED SECURITIES US$900M US$1,300M US$338M US$400M undrawn debt PERSEUS MINING 8
Slide 9: Returning Capital to Shareholders
RETURNING CAPITAL TO SHAREHOLDERS RETURN OF CUMULATIVE DISTRIBUTIONS TO SHAREHOLDERS FUNDS – SALE rsonal use only OF SUDAN PROPOSED SPECIAL DISTRIBUTION (1) ~A$100M UPSCALED BUYBACK FY27 BUYBACK APPROVED A$350M • Perseus has returned A$667M to shareholders since FY24 • Special Distribution of A$100M
Slide 10: Quarterly Cash & Bullion Movements (US$)
QUARTERLY CASH & BULLION MOVEMENTS (US$) OPERATING rsonal use only US$187M CAPITAL & WORKING EXPLORATION CAPITAL & CORP US$160M US$67M CLOSING CASH & BULLION Note: US$900M 1. ‘Operating’ represents gold sales revenue less the actual cash costs incurred for the quarter (excluding Sustaining Capital),
Slide 11: Reconciliation of All-In Site Cost to All-In Sustaining Cost
RECONCILIATION OF “ALL-IN SITE COST” TO “ALL-IN SUSTAINING COST” rsonal use only • All-In-Site-Cost and All-In-Sustaining-Cost in Q1 FY27 includes US$4.6 million of costs relating to excess waste stripping. • When reporting cost of sales, in line with accepted practice under IFRS, excess waste cost
Slide 12: Growth Catalyst – Nyanzaga Gold Project, Tanzania
GROWTH CATALYST – NYANZAGA GOLD PROJECT : TANZANIA LONG LIFE / LOW-COST CORNERSTONE ASSET LONG LIFE / LOW-COST CORNERSTONE ASSET MINERAL ORE rsonal use only RESOURCE(1) RESERVE(1) 4,715 4,109 16 YEAR LIFE @ AVERAGE AISC(1) KOZ KOZ >200k pa US$1,600 – AVERAGE GRADE AVERAGE GRADE (FY28 to FY41) US$1,7
Slide 13: Sustainability Update
SUSTAINABILITY UPDATE Investing in our people and host communities rsonal use only Building Safer Behaviours Deepening Our Partnerships Economic contribution to host countries 1.01 Group TRIFR¹ this quarter LTI-free start to FY27 $244M $35M in local focusing on safety culture, SHED Phase 2 declared
Slide 14: rsonal use only
rsonal use only This presentation was authorised for release by Perseus Managing Director and CEO, Craig Jones ASX/TSX: PRU | WWW.PERSEUSMINING.COM