• Gruyere gold production expected to be 70,000 - 73,000 ounces, below plan
• Production impacted by maintenance on primary crusher and conveyor belt failures
• 2025 annual production and cost guidance unchanged

Gold Road Resources Limited (Gold Road) has provided an update on anticipated production for the Gruyere gold mine for the March 2025 quarter. Gruyere gold production for the March 2025 quarter on a 100% basis is anticipated to be between 70,000 - 73,000 ounces of gold, compared to 91,631 ounces in the December 2024 quarter. Production is anticipated to be below plan due to maintenance on the primary crusher and the failure of two conveyor belts. The Gruyere JV has investigated the cause of these issues and has developed recovery plans. Mining continues to ramp up as planned and is currently at an annualised rate of approximately 72 Mtpa, with further improvement anticipated. The 2025 annual production and cost guidance is unchanged at 325,000 - 355,000 ounces (162,500 - 177,500 ounces attributable) at an attributable All-in Sustaining Cost (AISC) of between A$2,400 and A$2,600 per ounce. Comprehensive reporting, including all production physicals, cost and attributable AISC will be provided with the fully reconciled production numbers in the quarterly report early next month.

2025 annual production of 325,000 - 355,000 ounces (162,500 - 177,500 ounces attributable) at an attributable All-in Sustaining Cost (AISC) of between A$2,400 and A$2,600 per ounce.