• Record underlying profit of $958M
• Record Group cash flow of $787M
• Sector leading cost position with AISC of $1,572/oz

Evolution Mining Ltd reported a record financial performance for the 2025 financial year, with key highlights including: record underlying profit of $958 million, record Group cash flow of $787 million, and record EBITDA of $2,161 million. The company achieved a strong EBITDA margin of 51% and delivered a record final dividend of 13 cents per share, around 3 times higher than the prior year. Evolution's balance sheet remains flexible, with gearing reduced to 15% and an investment grade credit rating reaffirmed. The company's operations performed well, with production guidance delivered and a sector-leading All-in Sustaining Cost of $1,572 per ounce. Evolution continued to progress its growth projects, with the Mungari expansion delivered under budget and ahead of schedule, and the Cowal Ore Processing Circuit (OPC) project approved. Looking ahead, Evolution provided FY26 guidance, forecasting gold production of 710,000-780,000 ounces and copper production of 70,000-80,000 tonnes, with AISC in the range of $1,720-$1,880 per ounce. The company remains focused on safe and reliable delivery, cost and capital discipline, and rewarding shareholders through sustainable high returns.

FY26 production guidance: 710,000-780,000 oz gold, 70,000-80,000 t copper. FY26 AISC guidance: $1,720-$1,880/oz.

Evolution remains focused on safe and reliable delivery, cost and capital discipline, and rewarding shareholders through sustainable high returns. The company is progressing key growth projects to support future production and cash flow.