FY26 Half Year Financial Results and Interim Dividend

• Statutory net profit of $767M, up 110%
• Underlying net profit of $785M, up 104%
• Record interim dividend of 20 cents per share, fully franked

Evolution Mining Limited (ASX: EVN) today reported a record statutory net profit of $767M for the six months ended 31 December 2025 and a record interim dividend of 20 cents per share, fully franked. The company delivered strong operational and financial performance, with record underlying net profit after tax of $785M, up 104% from the prior corresponding period. Underlying EBITDA increased by 57% to $1,589M, with the EBITDA margin improving by 14% to 57%. Operating mine cash flow grew by 75% to $1,733M, while net mine cash flow surged 151% to $1,093M after $406M of major capital expenditure. Evolution's cash balance as at 31 December 2025 was $967M, up 86%, with net debt reduced to $362M and gearing down to 6%. The company's dividend policy is to pay a dividend based on group cash flow, targeting around 50% of annual cash flow. The directors have declared a fully franked interim dividend of 20 cents per share, up from 7 cents in the prior period.

Evolution Mining's FY26 production guidance is 710,000 to 780,000 ounces of gold and 70,000 to 80,000 tonnes of copper at an All-in Sustaining Cost range of $1,640 to $1,760 per ounce.

With a clear pipeline of high-return projects now advancing, Evolution is positioned for strong, sustainable growth while continuing to return capital to shareholders.