Quarterly Report for 30 September 2026

• Copper production increased to 3,419t, marking fifth consecutive quarter of growth
• Net group cash flow increased 72% QoQ to $14.2 million
• Emily Star development approved with portal construction commenced
• Year-to-date AISC of $5.78/lb payable Cu sold remains at lower end of guidance range
• Metallurgy substantially derisked, supporting Coburn PFS progression

Kantra Copper Limited has reported its financial results for the quarter ended 30 September 2026, highlighting a fifth consecutive quarter of production growth with copper production reaching 3,419 tonnes. The company's net group cash flow increased by 72% quarter-on-quarter to $14.2 million, supported by an operating mine cash flow of $32.1 million. The All-in Sustaining Cost (AISC) for the quarter was $5.44 per pound of payable copper sold, with the year-to-date AISC remaining at the lower end of the 2026 guidance range. The Emily Star development has been approved, with portal construction commencing during the quarter. Metallurgy has been substantially derisked, supporting the progression of the Coburn Pre-Feasibility Study (PFS). The company's financial performance and operational achievements reflect disciplined cost management and higher production rates.

FY2026 copper production guidance: 12,750 - 14,000t; AISC: 5.75 - 6.25$/lb

Kantra Copper Limited remains confident in achieving its 2026 production and cost guidance. The company is progressing with development projects and exploration activities aimed at extending mine life and creating future growth options.