• Achieved revised FY26 production and cost guidance
• Record production flow for Q4 FY26
• Accelerated positive technical studies and updated JORC MRE
• Increased cash and inventory by $11.6M and 51klbs respectively
• Balance sheet remains strong with $207.3M in cash and liquid assets

Boss Energy Ltd reported an encouraging quarter culminating in the achievement of its revised FY26 production and cost guidance. Q4 production reached 362klbs U3O8, a 79% increase from Q3, and FY26 production totaled 1,407klbs, a 61% increase from FY25. The company met its FY26 C1 cost of $39/lb, AISC of $61/lb, and total capital expenditure of $66M, all within revised guidance. Cash and inventory increased by $11.6M and 51klbs, respectively, contributing to a total FY26 increase of $13.1M and 172klbs. The average realized sale price for the quarter was $107/lb. The company's balance sheet remains strong with $207.3M in cash and liquid assets. Key infrastructure, including NIMCIX columns 4 & 5 and the East Kalkaroo trunkline, was commissioned. Delineation drilling and production drilling programs were completed to enhance future wellfield planning and support production. An Investor Day is scheduled for September 2026 to outline the company's production ramp-up and long-term development strategy.

FY27 Guidance to be provided at the same time the New Feasibility Study is delivered

Boss Energy is confident in its pathway forward and looks forward to unlocking the full potential of the Honeymoon operation with the release of the New Feasibility Study.