• Extension of MLG's long-term services at Tanami Operations
• New 5-year term with 2 additional 1-year extension options
• Contract expected to deliver $200 million in total revenue

MLG Oz Limited (ASX: MLG) is pleased to announce that it has agreed new commercial terms with Newmont Corporation (ASX:NEM) for the continuation and expansion of its integrated site services at the Tanami Operations (Tanami) in the Northern Territory. The agreement provides a new five-year term, with two further one-year extension options. This agreement reflects confidence in MLG's operating model and reinforces its position as a trusted provider of critical services at Tanami. Under the new agreement, MLG will continue to deliver a comprehensive suite of services supporting operations at Tanami, including haulage of ore and tailings fines, loading and unloading activities, rock breaking, tailings harvesting, stockpile management and crusher feed services. The contract is expected to generate approximately $200 million in revenue over its term, equating to estimated annual revenues of $40 million per annum. This provides strong medium-term revenue visibility and underpins a meaningful contribution to the Company's earnings base, with MLG's total group revenue for FY2025 being just under $550 million.

The contract is expected to generate approximately $200 million in total revenue over its 5-year term, equating to estimated annual revenues of $40 million per annum.

MLG's Chief Executive Officer, Mark Hatfield, said the extension reflects the consistent high-quality performance and commitment of MLG's team at the Granites site and demonstrates the value of MLG's integrated service model in supporting safe, efficient and reliable operations. MLG looks forward to continuing to build on this strong foundation over the next phase of the contract.