• Record 1H FY25 underlying EBITDA of A$1.4B
• Cash earnings of A$1.1B, with A$124M in underlying free cash flow
• Interim dividend of A$0.25 per share, 25% of cash earnings

Northern Star Resources Ltd has reported its FY25 half year results, delivering strong financial performance across key metrics. The company recorded underlying EBITDA of A$1.4 billion, a 58% increase compared to the prior corresponding period. Cash earnings reached A$1.1 billion, up 63% year-on-year, with A$124 million in underlying free cash flow generated. Northern Star's gold production for the half year was 804,140 ounces, with an all-in sustaining cost of A$2,105 per ounce. The company's balance sheet remains robust, with A$1.2 billion in cash and bullion and A$1.5 billion in undrawn revolving credit facilities, supporting its growth strategy. Northern Star's Board has declared an interim dividend of A$0.25 per share, representing 25% of cash earnings. The company's KCGM expansion project is progressing well, with key construction activities on track. Northern Star has also announced the proposed acquisition of De Grey Mining, further strengthening its growth pipeline. The company remains focused on operational excellence, disciplined capital allocation, and generating superior returns for shareholders.

Northern Star provided the following FY25 guidance: - Gold production of 1,650,000 - 1,800,000 ounces - All-in sustaining cost of A$1,850 - A$2,100 per ounce - Growth capital expenditure, including the KCGM Mill Expansion Project, of A$950 million - A$1,020 million - Exploration expenditure of A$180 million

Northern Star expects its production to be second half weighted in FY25, with planned shutdowns across all assets in the third quarter. The company's Kalgoorlie operations are expected to see increased high-grade mill feed at KCGM, driving production growth in the second half. In the Yandal region, Jundee is forecast to see lower milling grades in the third quarter before lifting in the fourth quarter, while Thunderbox is on track to deliver a 6Mtpa mill performance at a lower cost base in the second half. Pogo is expected to operate at a targeted throughput of 1.4Mtpa.