Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Shareholder Meeting (November 2025)
9 slides from Northern Star Resources's shareholder meeting presentation, Nov 18, 2025
Slide 1: Chairman's AGM Address & Managing Director's Presentation
ASX: NST ASX: NST ASX Announcement 18 November 2025 CHAIRMAN’S AGM ADDRESS & MANAGING DIRECTOR’S PRESENTATION Ladies and Gentlemen, I welcome you to our Annual General Meeting of shareholders of Northern Star Resources Ltd. My name is Michael Chaney and I am the Chairman of your Company. The 2024/25
Slide 2: AGM Presentation
For personal use only AGM Presentation Stuart Tonkin Managing Director & CEO November 2025
Slide 3: Disclaimers
Disclaimers For personal use only Disclaimer and Forward-Looking Statements ASX Listing Rules Disclosures Northern Star Resources Ltd has prepared this announcement based This announcement contains current estimates of Northern Star KCGM and Pogo Operations’ Ore Reserves and Mineral Resources. The o
Slide 4: Northern Star: Strength from simplicity
Northern Star: Strength from simplicity For personal use only 1 Commodity - 100% Gold 2 Premier Jurisdictions ALASKA Pogo 3 Production Centres AUSTRALIA Hemi Yandal Kalgoorlie plus Organic Growth Alaska 1.6 Western 17% Australia Moz 83% FY25 Gold Sold 3
Slide 5: FY25 Overview
FY25 Overview For personal use only 1,634koz A$ 2,163/oz Gold Sold AISC A$ 2.9B A$ 1.0B Cash Earnings Net Cash A$ 300M A 55.0cps Buy-back complete Dividends Cash Earnings is defined as Underlying EBITDA ($3,502M) less sustaining capital ($472M from AISC tables in June 2025 Quarter Report, which incl
Slide 6: A solid platform to drive future earnings
A solid platform to drive future earnings For personal use only Profitable Growth Strategy FY22 FY23 FY24 FY25 Net mine cashflow A$ 674M A$ 667M A$ 686M A$ 1,189M A$ 3.2B Cumulative Net mine cashflow Dividends A$ 250M A$ 305M A$ 460M A$ 715M A$ 1.7B Cumulative Dividends KCGM Fleet TBO Mill KCGM UG K
Slide 7: Major Projects: Capital investment drives portfolio uplift
Major Projects: Capital investment drives portfolio uplift For personal use only Future low-cost pathway long life | low cost | scale | exploration potential KCGM POGO HEMI (Western Australia) (Alaska) (Western Australia) Mineral Resources 39Moz 6.2Moz Development project in an Global cost curve 1st
Slide 8: Northern Star: Our commitment to create value
Northern Star: Our commitment to create value For personal use only Major projects target cost reduction Geology unlocks future portfolio value www.nsrltd.com Free cash flow transition in final stages 7
Slide 9: Appendix: Mineral Resources and Ore Reserves
Stockpiles 119,808 0.7 2,730 - - - - - - 119,808 0.7 2,730 Stockpiles 119,808 0.7 2,730 107 1.4 5 119915 0.7 2735 Gold in Circuit - - 21 - - - - - - - - 21 Gold in Circuit - - 21 - - - - - 21 Total KCGM 119,808 0.7 2,752 283,521 1.8 16,394 161,323 1.8 9,190 564,652 1.6 28,335 Total KCGM 119,808 0.7
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