Appendix 4E-Preliminary Final Report-30 June 2026

Key points

• Revenue for the year ended 30 June 2026 was $100,002,365, a significant increase from $0 in the previous year
• Loss after tax decreased by 2% to $47,042,826 from $47,848,266 in the previous year
• Best mining production achieved during the June 2026 quarter, increasing by 48% quarter-on-quarter

Full summary

Polymetals Resources Ltd released its Preliminary Final Report for the year ended 30 June 2026. The company reported a revenue of $100,002,365, a significant increase from $0 in the previous year. The loss after tax decreased by 2% to $47,042,826 from $47,848,266 in the previous year. The company's focus remained on reducing operating costs and ramping up product shipments to market. Despite challenges, operational performance stabilized and returned to expected levels during the latter part of December. The company also achieved best mining production during the June 2026 quarter, increasing by 48% quarter-on-quarter. The company completed six product shipments during the year, comprising three zinc concentrate shipments, one lead shipment, and two DSO shipments. Exploration activities continued with underground drilling at the Upper Main Lode, confirming high-grade silver-lead-zinc mineralization. Surface drilling also tested targets generated from passive seismic, gravity, and structural data. The company's exploration priorities remain to find mineable mineralization close to existing underground infrastructure while advancing regional targets that could support long-term production growth.