Strong Quarterly Production Growth & Rasp ML Renewal to 2047

• Rasp silver-lead-zinc mine delivered strong March 2026 quarterly production growth
• Secured long-term renewal of Rasp's Consolidated Mining Lease (CML7) to 2047
• Established operations from Main Lode, with stoping ore ramp up targeted for June and September quarters
• First ore feed from Pinnacles Mine scheduled to begin in June quarter

Broken Hill Mines Limited (ASX: BHM) is pleased to report on the continued ramp up of operations at the Rasp silver-lead-zinc mine, with strong March 2026 quarterly production growth achieved. The company has also secured a material long-term renewal of its CML7 Mining Lease at Rasp, which is now valid for operations to 2047. The March 2026 quarterly production highlights include a 51.7% increase in silver production, a 48.5% increase in lead production, and a 7.9% increase in zinc production compared to the previous quarter. BHM continues to execute on its strategy of progressive ramp to full capacity of its 750,000tpa processing plant via the supply of two additional ore feeds (Main Lode and Pinnacles) to complement existing long-term Western Min ore supply. The company has successfully established operations from Main Lode, with stoping ore ramp up targeted to materially increase in the June and September quarters. In addition, first ore feed from the Pinnacles Mine remains on schedule to begin in the June quarter. BHM is also pleased to confirm that CML7 and Mining Purposes Leases MPL 183-186 have each been renewed with new expiry dates in 2047, extending the company's operating horizon across its flagship Rasp Mine and surrounding infrastructure. The newly granted Exploration Licences EL9881 and EL9882, held by Kingfisher Mining Limited (ASX: KFM), with BHM participating through an existing Joint Venture Agreement, support ongoing regional growth opportunities for Rasp operations.