Appendix 4D and 30 June 2026 Interim Report

• $115.1 million in revenue generated, up 44% from prior period
• EBITDA increased by $22.2 million to $34.8 million
• Net profit after tax of $19.5 million, up from $0.9 million
• No interim dividend declared
• Net tangible assets per ordinary security increased to 52.3 cents

Hillgrove Resources Ltd, now Kantra Copper Limited, reports its first half-year of significant net profit since the commencement of operations at the Kanmantoo Underground Copper Mine. Key financial highlights include a 44% increase in revenue to $115.1 million, EBITDA rising to $34.8 million, and a net profit after tax of $19.5 million. The company also reported a 20% increase in copper production and improved operational metrics, including a 1.8 million tonnes per annum run rate. The strong financial performance is attributed to higher copper production, increased gold and silver by-product revenue, and higher realized commodity prices. The company's solid balance sheet and absence of external borrowings position it well for continued growth.