H1 FY Results Announcement and Facility Update

• Record H1 underlying EBITDA of A$347.7M, up 13%
• Fully franked interim dividend of 3.0cps declared
• Revolving credit facility increased to A$500M to enhance flexibility

Ramelius Resources Ltd has reported its financial and operational performance for the half-year ending 31 December 2025. Key highlights include a record H1 underlying EBITDA of A$347.7M, up 13% from the prior year. Underlying net profit after tax was A$160.0M, down 6% due to one-off transaction costs related to the Spartan combination. Operating cash flow was A$311.6M, down 3%, while underlying free cash flow was A$183.7M, down 30% due to increased capital investment. The company declared a fully franked interim dividend of 3.0cps, exceeding its minimum dividend commitment for FY26. Ramelius also replaced its existing A$175M revolving corporate facility with a new A$500M facility, improving commercial terms and increasing tenure. The company's growth projects, including the development of the Never Never underground at Dalgaranga and the Mt Magnet processing plant upgrades, are progressing well.