• Gold production of 38,093 ounces for the Quarter
• FY26 Production remains on track for mid-point of Guidance
• Dalgaranga mine production on budget with first Never Never ore delivered

Ramelius Resources Limited (ASX: RMS) has provided a preliminary production update for the March 2026 Quarter. Gold production for the Quarter was 38,093 ounces, with FY26 year-to-date production at 138,716 ounces. The company remains on track to deliver at the mid-point of its FY26 production guidance range of 185,000 to 205,000 ounces. The March Quarter was impacted by a 6-day shutdown at the Mt Magnet mill and haul road closures due to significant rainfall associated with Cyclone Narelle, resulting in significant high-grade mine stockpiles at Quarter end. The Dalgaranga mine production is on budget, with the first Never Never ore delivered to the Mt Magnet processing plant in March 2026, a month ahead of schedule. The first stope at Never-Never was fired, with the ore grading above 7 grams per tonne.Exploration continued to focus on Penny, Cue, Galaxy Mine Area and Dalgaranga, with a separate Dalgaranga exploration update to be provided later in April 2026. The company's operations have not been impacted by diesel supply chain disruptions to date, and management has developed contingency plans to manage potential future issues. Ramelius remains committed to maintaining and growing shareholder returns, having completed A$110.2 million of buybacks during the Quarter.

FY26 production guidance remains on track for the mid-point of 185,000 to 205,000 ounces. Updates on FY26 cost guidance (both AISC and Capital) will be provided in the March 2026 Quarterly Activities Report.

Ramelius is well-positioned to manage potential fuel supply chain disruptions, with 98% of power generation at Mt Magnet sourced from solar and natural gas. The company continues to closely monitor the situation and remains in ongoing dialogue with its fuel supplier.