ACG METALS LIMITED - 2024 Financial Results - Seite 2

As we build toward first copper production, the Board remains focused on operational excellence, execution of the sulphide project on time and on budget, and evaluation of M&A opportunities to deliver exceptional value to our shareholders."

FY2024 Highlights

Strategic Milestones

• First milestone achieved with 100% acquisition of the Gediktepe Mine, a copper-gold mine in Türkiye ("Gediktepe") in September 2024
• Transitioned from a Special Purpose Acquisition Company ("SPAC"), re-admitted to the London Stock Exchange's (LSE: ACG) main board as a fully operational mining company
• Signed $146 million EPC contract with GAP İnşaat for the sulphide expansion at Gediktepe
• Raised $200 million via Nordic senior secured bond (14.75% coupon), fully funding sulphide expansion at Gediktepe

Full-Year 2024 Gediktepe Mine Operating Performance

Operating KPI	2024 Result	YoY Change
Safety	634 LTI-free days	n/a
Ore Processed	801,600 tonnes	18 %
Average Gold Grade	2.53 g/t	11 %
Average Silver Grade	71.8 g/t	24 %
Gold Equivalent Production	55,374 oz	49 %
Gold Sales	49,165 oz	49 %
Silver Sales	670,130 oz	85 %