• Ora Banda enters $50 million revolving credit facility with ANZ and CBA
• Purchases 100,000 oz of AUD gold put options at $4,400/oz for FY26
• Strengthens balance sheet with over $100 million in liquidity

Ora Banda Mining Ltd has entered into a secured Syndicated Facility Agreement (SFA) with Australia and New Zealand Banking Group (ANZ) and the Commonwealth Bank of Australia (CBA) to provide a revolving credit facility (RCF) of A$50 million for a two-year term, with the ability to extend for an additional year. The RCF is on competitive terms and contains customary covenants. Although the RCF has no mandatory hedging requirements, Ora Banda has purchased put options on the Australian dollar gold price for 100,000 ounces, spread evenly over the period 1 July 2025 to 30 June 2026, with an exercise price of A$4,400/oz at a cost of $14.2 million. The option premium will be paid over FY26. As of 31 December 2024, Ora Banda had cash of $57.8 million, which together with the RCF provides the company with over A$100 million in liquidity. The company believes this added financial flexibility and gold price insurance will underpin strong cash flows to fund future growth, while retaining full exposure to the upside in gold price for FY26 production.

Ora Banda expects to produce 150,000 oz of gold in FY26.