September 2026 Quarterly Activities Report

• Gold production of 48,839 ounces at an AISC of A$2,656/oz
• Cash & gold of A$768 million, with operating cash flow of A$186 million
• Completion of sale of Edna May for A$300 million

Ramelius Resources Ltd reported its September 2026 quarterly activities, highlighting gold production of 48,839 ounces at an AISC of A$2,656/oz. The quarter was impacted by weather interruptions, leading to increased stockpiles. Cash & gold increased to A$768 million, with operating cash flow of A$186 million. The sale of Edna May for A$300 million was completed, with A$210 million in cash and A$90 million in Forrestania shares. The company remains on track to achieve its full-year guidance of 205,000 to 225,000 ounces at an AISC of A$2,150 to 2,350/oz. Exploration activities continued with 39,559 metres of drilling completed. The company also achieved key milestones, including the award of the EPC contract for the Mt Magnet plant upgrade and the receipt of EPA approval for the Roe site.

FY27 Gold production: 205,000 - 225,000 ounces; AISC: A$2,150 - 2,350/oz

Ramelius Resources is on track to achieve its full-year guidance and is systematically derisking its business plan to become a 600,000 ounce producer by FY30.