Edna May

Gold operation acquired by Ramelius in October 2017, comprising the large-scale Edna May granitoid-hosted stockwork deposit. Two high-grade cross-cutting quartz lodes were mined underground within the broader Edna May deposit until May 2024, when underground mining ceased. No mining took place during FY25; the operations focused on processing remaining stockpiles across the Marda, Tampia, Symes and Edna May satellites (which were either disposed of or rehabilitated). The Edna May mill was placed into care and maintenance in March 2025. FY25 milled 1,482kt @ 1.19g/t for 53,556oz produced at AISC of A$2,608/oz, generating $109.4M in operating cash flow due to elevated gold prices. A significant open-pit Mineral Resource remains (30Mt @ 1.0g/t for 940koz Au) requiring substantial capital for cutback access. Options for Edna May will be reassessed early in 2026 after Ramelius prioritises Mt Magnet/Dalgaranga integration and Rebecca-Roe development.