Endomines Group Portfolio

Helsinki-listed (PAMPALO) Finnish gold producer; group rollup covering Pampalo production segment (underground + open-pit gold ore + flotation concentrate sold to Boliden Commercial AB), Karelian Gold Line exploration segment (including Southern Gold Line development with Ukko discovery and Northern Gold Line including Kartitsa), and USA Operations (Idaho + Montana retained deposits; three Idaho deposits classified as held for sale at YE2025, divestment closed Feb 2026). 2025 was best year in company history: revenue MEUR 45.5 (+59%), EBITDA MEUR 16.3 (36% margin), net profit MEUR 7.3. 2026 guidance: gold production to grow 10-20% vs 16,630 oz in 2025. Strategy targets 70,000-100,000 oz/yr via Southern Gold Line by ~2030.