• Jupiter announces an interim dividend of A$0.0075 per share
• Dividend follows Tshipi's interim dividend declaration of ZAR300 million
• Jupiter's share of Tshipi's dividend amounts to ZAR142 million (A$12 million)

Jupiter Mines Limited (ASX:JMS) has announced an interim dividend of A$0.0075 per share (0.75 cents per share, unfranked) for the period ended 31 December 2024. The dividend record date is 7 March 2025, with payment to occur on 21 March 2025. This dividend follows Tshipi é Ntle Manganese Mining Pty Limited (Tshipi) declaring an interim dividend of ZAR300 million to shareholders for the first half of the financial year ended 30 June 2025 (FY2025). Jupiter's share of this dividend amounts to ZAR142 million (A$12 million; net of withholding tax). In addition, Jupiter received ZAR47 million (A$4 million) in marketing profits for the same period. The FY2025 interim dividend of 0.75 cents per share is in line with the three-year average of Jupiter's interim dividends from FY2022 to FY2024. The stability of Jupiter Mines' dividend payments reflects the strength and cost competitiveness of the Tshipi manganese mine, which continues to generate strong cash flows through market cycles. With a resource life exceeding 100 years at current production rates, Tshipi is a world-class asset that underpins Jupiter's ability to deliver consistent shareholder returns.

The FY2025 interim dividend of 0.75 cents per share represents a circa 5% dividend yield (10% annualised) at Jupiter's current share price.

Jupiter's Managing Director Brad Rogers commented that Tshipi's quality resource and experienced management team have enabled the mine to maintain a strong operational performance over the past six months, despite volatile market conditions. This resilience, along with Tshipi's low-cost operations and robust cash flows, positions Jupiter to deliver reliable dividends while pursuing long-term value creation.