MACRO METALS LIMITED — AGM Information 2024

Nov 25, 2024

2 0 2 5 S T R A T E G I C V I S I O N

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• MACRO METALS LIMITED A steadfast commitment to growth, safety and success

ASX:M4M

AGM PRESENTATION

26 November 2024

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Disclaimer and Competent Persons Statement

DISCLAIMER

The purpose of this presentation is to provide general information about Macro Metals Limited (“Macro” or the “Company”). It is not recommended that any person makes any investment decision in relation to the Company based solely on this presentation. This presentation does not necessarily contain all information which may be material to the making of a decision in relation to the Company. Any investor should make their own independent assessment and determination as to the Company’s prospects prior to making any investment decision and should not rely on the information In this presentation for that purpose. This presentation does not involve or imply a recommendation or a statement of opinion in respect of whether to buy, sell or hold securities in the Company. The securities issued by the Company are considered speculative and there is no guarantee that they will make a return on the capital invested, that dividends will be paid on the shares or that there will be an increase in the value of the shares in the future. This presentation contains certain statements which may constitute “forward‐looking statements”. Such statements are only predictions and are subject to inherent risks and uncertainties which could cause actual values, results, performance or achievements to differ materially from those expressed, implied or projected in any forward‐looking statements. The Company does not purport to give financial or investment advice. This presentation is presented for informational purposes only. It is not intended to be, and is not, a prospectus, product disclosure statement, offering memorandum or private placement memorandum for the purpose of Chapter 6D of the Corporations Act 2001. Except for statutory liability which cannot be excluded, the Company, its officers, employees and advisers expressly disclaim any responsibility for the accuracy or completeness of the material contained in this presentation and exclude all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this presentation or any error or omission there from. The Company accepts no responsibility to update any person regarding any inaccuracy, omission or change in information in this presentation or any other information made available to a person nor any obligation to furnish the person with any further information.

COMPETENT PERSONS STATEMENT

The information in this announcement that relates to Macro’s Pilbara Projects is based on information compiled and fairly represented by Mr Robert Jewson, who is a Member of the Australian Institute of Geoscientists and Executive Director of Macro Metals Limited. Mr Jewson has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he has undertaken, to qualify as a Competent Person as defined in the 2012 Edition of the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Jewson consents to the inclusion in this report of the matters based on this information in the form and context in which it appears. Mr Jewson is a shareholder of Macro Metals Ltd. All exploration results included in this presentation have been released previously by the Company in accordance with ASX Listing Rule 5.7 with the relevant dates and announcements listed opposite. The Company confirms it is not aware of any new information or data that materially affects the information included in the original announcements. In relation to visual results (slide 22), the Company cautions that with respect to any visual mineralisation indicators, visual observations and estimates of mineral abundance are uncertain in nature and should not be taken as a substitute or proxy for appropriate laboratory analysis. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations. Drill testing will be required to understand the grade and extent of mineralisation.

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RELEVANT ANNOUNCEMENTS REFERENCED

26th November 2024	Macro Enters First Indigenous Joint Venture
25th November 2024	Macro Secures Logistics, Accomodation & Raw Materials Hub
4thNovember 2024	Mapping Defines Extent of Surface Mineralisation at Wandanya
18thOctober 2024	Macro to Collaborate with NORDEN on transshipping Facilities
15thOctober 2024	Macro Completes Acquisition of DSO Manganese Assets
2ndOctober 2024	Drilling Underway at Goldsworthy East
20thSeptember 2024	POW Approved for Goldsworthy East
20thSeptember 2024	Strike of Surface Hematite Extended at Goldsworthy
9thSeptember 2024	Exploration License for Goldsworthy East Granted
3rdSeptember 2024	Pilbara Exploration Strategy Update
28thAugust 2024	High-grade Hematite Outcrops at Goldsworthy East
5thAugust 2024	Significant Increase in Pilbara Landholding
23rdJuly 2024	Macro Launches Mining Services & Acquires Manganese Assets
18thJuly 2024	Goldsworthy East Development Update
8thJuly 2024	Rock Chip Sampling of Turner Confirms High Grae CID Target
28thJune 2024	Pathway Cleared for Grant of Goldsworthy East
26thJune 2024	Drilling to Commence at Cane Bore
31stMay 2024	Highly Encouraging Rock Chip Results Returned for Cane Bore

W E P U T S A F E T Y A N D C A R E F I R S T

SAFETY IS MORE THAN A WORD

Safety Performance Underpins Everything We Do At Macro Metals, we foster a people-first mindset from the moment someone joins the team, ensuring that safety, care and respect for team members, partners, communities and the environment are embedded in every decision we make

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Total Recordable Injury Frequency Rate (TRIFR) 0
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OUR MISSION

To deliver safe, innovative and sustainable mining solutions, upholding the highest standards of integrity, and fostering resilient partnerships built on integrity, respect and collaboration

Integrity & Accountability

We uphold the highest ethical standards in every decision made and action taken. By doing what’s right, even when no one is watching , we build trust and credibility with our team and stakeholders which forms the foundation of our long-term success

Safety, Care, and Respect

Safety is at the core of everything we do . We prioritise the well-being of our people, partners and communities by fostering a culture of care, respect and trust. This commitment ensures a safe and supportive environment for all

Innovation & Excellence

Innovation drives progress and excellence defines us . By embracing new technologies and continuously improving our processes, we deliver safe, efficient and sustainable solutions that meet the evolving needs of the mining industry

Sustainable Growth Through Collaboration

We believe in growing responsibly for the benefit of all our stakeholders. By integrating sustainable practices into every aspect of our operations and fostering collaborative relationships, we ensure our impact is positive, longlasting and beneficial to the communities and environments we touch

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A S X : M 4 M

INVESTMENT HIGHLIGHTS

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We are committed to delivering exceptional value to our shareholders through diverse mining services, strategic collaborative growth . initiatives, operational excellence and exploration Our wholly owned subsidiary, Macro Mining Services, is instrumental to our future business growth and revenue generation through the execution of our pit-to-customer mining services strategy.

Revenue from our mining services business will organically fund our targeted mapping and drilling programmes, enabling us to discover new resources and expand our asset base. Through these concerted efforts, we are achieving significant milestones and positioning Macro Metals for sustained success.

Revenue Creation Focus

An unwavering commitment to execute our mining services business strategy and deliver material shareholder value through new contracts, joint ventures, mine gate sales and strategic alliances

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Strategic Focus on Exploration

Our extensive portfolio of iron ore and manganese assets across the Pilbara positions us for long-term organic growth and sustainability

Drilling Programmes

Pit-To-Customer Mining Services Strategy

Leveraging in-house capability and strategic partnerships to provide the full suite of pit-to-customer mining services and maximise realisation of value from every step in the commodity supply chain

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Programme of works submitted for immediate resource definition drilling at the Wandanya manganese project and a focus on unlocking our Turner iron ore project for inaugural drilling in early 2025

Infrastructure Strategy

Delivering fit-for-purpose, multi-user export facilities in the West Pilbara to accommodate the multiple commodity projects in the region that lack access to export markets

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Aggressive Timeline

Multiple workstreams across exploration, mining services, operations and infrastructure initiatives to fast track first revenue generation and business growth

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R E A D Y T O S C A L E

LEADERSHIP SNAPSHOT

Simon Rushton Executive Director

Tolga Kumova Non-Executive Chairman

Evan Cranston

Board of Directors

Non-Executive Director

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SIMON RUSHTON Managing Director

20 years experience in operations, strategy and governance. Hands-on approach to building solid partnerships and a team culture rooted in integrity, accountability and operational excellence

Mat O’Hara

Company Secretary

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Rob Jewson Technical Director 18 years experience across small and large mining and exploration companies, operating in a variety of jurisdictions and focused on a range of commodities

Nic Marshall

General Manager - Projects Highly skilled project delivery professional with proven track record across large-scale infrastructure and mining projects

CORPORATE

HEALTH & SAFETY

EXPLORATION

MINING SERVICES

Dr. Simon Roberts HSEQ Manager/Consultant 25+ years mining experience Usability approach to safety

Finn Hunter Exploration Manager 10+ years experience Multiple exploration asset POW

David Salt General Manager 30+ years experience managing the safe delivery of mining services

Ben Morris Corporate Development 25+ years experience marketing & strategic business development

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Rob Jewson Executive Director Geoff Hawkins Financial Manager

David Salt

General Manager - Operations Operations leader who excels in managing large-scale mine operations to produce safe, efficient and sustainable outcomes

HUMAN RESOURCES

Shae Beswick HR Manager/Consultant 18+ years HR, strategic partnering & organisation design

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2 0 2 5 S T R A T E G I C V I S I O N MACRO MINING SERVICES FOCUSED ON IMMEDIATE REVENUE CREATION

S A F E . I N N O V A T I V E . V A L U E D R I V E N

MACRO MINING SERVICES

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Exploration & Geology

Our Exploration and Geology services unlock the full potential of mineral resources. By delivering precise data and actionable insights, we empower the development of successful and sustainable mining projects

We’re dedicated to providing the best experience for everyone we work with and won’t stop until we achieve the results we’re aiming for

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Contract Mining

Crushing & Screening

We provide advanced crushing and screening solutions, ensuring materials are processed efficiently and to the highest industry quality standards

Macro Mining Services specialises in contract mining, offering end-to-end solutions from equipment and skilled personnel to the execution of large-scale open-pit mining operations

Load & Haul

Our Load & Haul services ensure the efficient movement of materials, enhancing operational productivity and maintaining the seamless flow of mined

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Material Handling

Comprehensive material handling solutions maintain resource flow and quality throughout the mining process, ensuring smooth and uninterrupted operations

resources

Our commitment to delivering safe, innovative and value-adding mining services across the entire "pit to customer" supply chain remains unwavering as we continue to grow and evolve. Macro Mining Services is dedicated to supporting projects with the expertise and solutions required to succeed in today’s competitive landscape, where safe, efficient and low-cost production is key to achieving sustainable outcomes

HOW WE DO WHAT WE DO

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The leadership team behind Macro Mining Services combines decades of industry experience that has driven growth and set industry benchmarks in delivering pit-to-port mining operations

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Simon Rushton – Managing Director

Almost two decades in the WA mining industry and 12 years as executive general manager of Mineral Resources Limited (ASX:MIN) intimately involved in pricing, negotiating and overseeing the implementation of A$4+ billion in mining services contracts. Proven success in building high performing teams to build and operate large scale crushing and screening projects as well as establishing and operating pit to export customer mining service supply chains at various Western Australian projects

Macro Mining Services

Macro Mining Services has inhouse capability to safely explore, define, develop and operate mining projects through the complete "pit to customer" supply chain Our inhouse capability is complemented by the skills, experience and resources of our strategic partners.

MMS is the logical choice for third party resource owners who require a complete turn-key, off balance sheet solution for their mining projects

David Salt – GM Operations

Industry professional with over 30 years’ experience in senior management roles including Mine Manager, General Manager and Operations Manager at companies such as Mineral Resources Limited and Maca Mining Limited. Consistently delivered strong project outcomes in complex, high-stakes environments. Proven success in long-term resource planning to enhance both safety and efficiency and extensive skills and experience in mining, load & haul and crushing & screening operations across a variety of bulk commodity products

Nic Marshall – GM Projects

Chartered engineer with 14 years' experience in project delivery, engineering and construction across Australia, Canada and China. Specialist in mine development, bulk earthworks, modular crushing and screening operations, port infrastructure, and tailings management.

Successfully delivered large-scale infrastructure and mining projects on time and under budget, while maintaining an unwavering commitment to health, safety, and environmental standards

M I N I N G S E R V I C E S M A T R I X

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INTEGRATED SERVICE EXPERIENCE
Our strategic partnerships complement and expand our in-house capability so we can successfully deliver the complete
commodity project lifecycle. Leveraging the skills, expertise, resources and shared cultural values of our partners Macro
Mining Services vertically integrates to safely deliver across the entire pit-to-customer supply chain model and maximises
our value realisation from each step of the chain
Shipping, Marketing & Sales Management Exploration, Geology & Approvals
Macro Mining Services Macro Metals. K-Drill, RSC, Rapallo
Transshipping Raw Materials & Civil Construction
NORDEN Macro Mining Services, & WA Limestone
Port Materials Handling Contract Mining, Load & Haul
QUBE Bulk & REGroup
Crushing, Screening & Handling
Road Haulage
Macro Mining Services
REGroup & MGM Bulk
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Exploration, Geology & Approvals Macro Metals. K-Drill, RSC, Rapallo Raw Materials & Civil Construction Macro Mining Services, & WA Limestone Contract Mining, Load & Haul Macro Mining Services & Paramount Earthmoving Crushing, Screening & Handling Macro Mining Services

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2 0 2 5 S T R A T E G I C V I S I O N ACCELERATING OUTCOMES STRATEGIC PARTNERSHIPS

S U S T A I N A B L E G R O W T H T H R O U G H C O L L A B O R A T I O N

STRATEGIC PARTNERSHIPS By forging alliances with industry leaders who share our vision and cultural values, we enhance our operational capabilities, expand our service offerings and drive sustainable growth. These collaborations allow us to leverage complementary strengths, embrace innovation and set new benchmarks in operational excellence and integrity. These key strategic partnerships are instrumental in accelerating our capability and growth while threading our aligned values throughout the industry and the communities we serve

WA LIMESTONE

One of WA's longest standing quarrying and civil construction companies provides Macro with a strategic logistics hub in the Pilbara that is a critical ingredient for safe and reliable pit to port solutions. It also provides us with immediate ability to provide raw materials and deliver large scale civil construction services

RE:GROUP

Our partnership with RE:GROUP significantly enhances our capabilities and service offerings in bulk material movements on mine sites and on road. This mutually beneficial, long-term partnership positions our respective companies to innovate from excavation to exportation

NORDEN SHIPPING (AUSTRALIA)

Partnering with NORDEN Shipping (Australia) strengthens our marine operational capabilities, further vertically integrates our supply chain solutions and aligns with our strategic focus on growth and long-term sustainability by delivering our proposed West Pilbara multi-user export facilities

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PARAMOUNT EARTHMOVING

Strategically aligning with Paramount Earthmoving secures access to the latest technology in civil and mining heavy mobile equipment. This ensures safety and reliability in our mining fleet, enabling us to successfully and reliably deliver mining projects that exceed stakeholder expectations

PERFORMANCE MINING

Our alliance with Performance Mining ensures we can deliver innovative mining solutions with agility and efficiency while maintaining a steadfast dedication to safety and sustainability

MGM BULK

Our partnership with MGM Bulk significantly grows our on-road logistical capabilities and ensures products are safely and reliably delivered as a critical step in our "port to customer" supply chain solutions

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L O G I S T I C S & R A W M A T E R I A L S H U B

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WA LIMESTONE

Pivotal to scaling our operations and aligns perfectly with our growth objectives by enabling us to offer raw materials and off-port product storage solutions solidifying our competitive advantage in the Pilbara

“Utah Point is the only bulk commodity, multi-user port facility in Port Hedland and so the ability for Macro to provide crushing, screening and blending services just 30kms from that facility provides huge flexibility not only for Macro’s own future export projects, such as Wandanya, but also for third party mine owners”

• SIMON RUSHTON -

• Strategically located Logistics Hub includes equipment laydown areas, product stockpiling, materials handling, heavy machinery servicing and accommodation

• Located 28km from Utah Point Bulk Handling Facility (UPBHF)

• Efficient and de-risked haulage using 150-tonne ultra-quad road trains via RAV10-approved routes

• Approval to crush, screen and blend Macro and third party products

• Immediate availability of 28 serviced ensuite rooms & approved to expand to 100 room to support operational growth and scale

Competitive Advantage

• Proven collaboration and shared values with WA Limestone strengthens our operational synergy and positions us for sustained growth in the Pilbara

• Enhances our pit-to-customer mining services offering by enabling off-port storage and blending services

• Decreases risk of haulage interruptions and avoids costly shipping delays and demurrage

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M I N I N G S E R V I C E S , H A U L A G E A N D S T E V E D O R E

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Our partnership with RE:GROUP strengthens our operational capability in safe and efficient bulk material movements, both on mine sites and between mine gate and port

• Expands capability for large scale material movements between pit and ROM

• Strengthens our collaborative pit-to-customer supply chain with innovative and sustainable haulage solutions

• ▪ Provides a partner with stevedoring prowess to compliment our alignment with Norden Shipping and creates safe and reliable port-to-ocean going vessel capability

• ▪ Shared dedication to environmental stewardship, social responsibility and governance that focuses on setting new benchmarks in excellence and integrity

Collaboration Initiative

▪ Strategic mining & haulage partner ▪ Range of mining services projects ▪ West Pilbara Port solution

“As we continue to grow, we are dedicated to setting new benchmarks in environmental stewardship, social responsibility, and governance. Our goal is to not only meet the expectations of today but to exceed them for tomorrow. Together, we will shape a resilient, thriving industry that positively impacts the world.” - MICHAEL STILL, MANAGING DIRECTOR, REGROUP -

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W E S T P I L B A R A P O R T F A C I L I T I E S

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Our partnership with NORDEN Shipping (Australia) strengthens our marine operational capabilities and enhances our supply chain solutions by being able to safely and sustainably transfer bulk commodities to ocean going vessels

• Build, own and operate multi-user bulk commodity transhipping facilities in the West Pilbara

“It became readily apparent that there is an immediate need for a fit-for-purpose, truly multi-user export facility to service the West Pilbara and for Macro to secure the rights in partnership to deliver such a facility is entirely consistent with our stated intention to build Macro into a diversified mining and mining services business. ”

• SIMON RUSHTON -

• Provide cost-effective infrastructure for product receival, materials handling and shiploading onto transhipping vessels

• NORDEN transhipping services enables seamless delivery onto ocean going vessels as intrical part of Macro Mining Services pit-to-customer supply chain solutions

• Aligns with our goal to become a diversified mining and mining services business by securing access to sustainable and cost-effective export solutions

Competitive Advantage

• Engaging with owners of West Pilbara bulk commodity projects to offer a full supply chain solution

• Provides fit-for-purpose export infrastructure solutions unlocking stranded assets in the West Pilbara

• Facilitates innovative and sustainable development in the region

• Positions us to deliver substantial value to stakeholders and contribute positively to the West Pilbara community

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2 0 2 5 S T R A T E G I C V I S I O N REDEFINING INDIGENOUS ENGAGEMENT STRATEGIC JOINT VENTURES

W E B U I L D E N D U R I N G P A R T N E R S H I P S F O R S U C C E S S

JV STRATEGY

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Macro is dedicated to building enduring partnerships with Registered Native Title Body Corporates and Traditional Owner businesses to jointly deliver sustainable mining services to mining companies operating on their Country. Our JV Strategy focuses on creating meaningful and lasting financial benefits by nurturing and supporting the capability growth of our Indigenous joint venture partners and their People through contracting, employment and training opportunities.

Building Partnerships with RNTBCs and TOs

• Actively engaging with several Pilbara RNTACs to form majority Indigenous owned, incorporated joint ventures

• Successfully established our first joint venture, Nyapiri Macro Mining Pty Ltd, with Nyapiri Holdings Pty Ltd (100% Indigenous-owned with connections to Kariyara and Ngarla)

Financial Opportunities for RNTACs and TOs

• Ensure JVs deliver meaningful and sustainable socio-economic benefits to Traditional Owners from projects on their Country

• ▪ Create contracts, employment and training opportunities to our joint venture partners and their People

Cultural Preservation

• Uphold Indigenous rich history and culture

• Align project execution methods with Traditional Owner land management practices

• Reinforce cultural connections and respect for Country

Collaborative JV Structure

• JVs majority-owned by RNTACs or Traditional Owners

• Qualify as local Indigenous businesses for projects on Country Provide mining services and rehabilitation at mining projects operating on Country

Capability Development, Job Creation and Skills Training

• Create contracting capability to our joint venture partners

• Empower Traditional Owners through employment opportunities and skills development

• Provide significant training and contracting opportunities for Indigenous businesses and people

Streamlined Indigenous Engagement

• A project principal has assurances of integrity and safety maturity by virtue of Indigenous JVs adopting corporate governance practices and business and safety systems of a publicly listed company

• Principals can be confident that by appointing the JV as head contractor all Indigenous subcontracts and contracts of employment are managed respectfully and diligently

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S T R A T E G I C J O I N T V E N T U R E

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NYAPIRI MACRO JV

We have formed our first incorporated joint venture with 100% Indigenousowned Nyapiri Holdings Pty Ltd

• Nyapiri Holdings is 100% indigenous owned business with established cultural connections to both Ngarla and Kariyarra nations

• Nyapari Macro Mining JV is majority owned by Nyapiri Holdings and qualifies as a local indigenous business at projects on Ngarla and Kariyarra Countries

• JV will focus on providing the full suite of mining services and rehabilitation programmes

• JV will act as head Indigenous Contractor and use Macro Mining Services’ WHS systems to ensure Indigenous subcontractors develop safety maturity and performance

• Nyapiri Holdings' considerable Traditional Owner local knowledge and connection to land ensures rehabilitation services align with Indigenous practices and beliefs to ensure disturbed land is rehabilitated correctly

• Provide meaningful employment, training and subcontracting opportunities to Traditional Owners

Collaboration Initiatives

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• Joint venture has commenced discussions with a number of mining companies who have current and planned operations on Ngarla and Kariyarra Countries

• ▪ Intent to provide raw materials, civil construction and mining operational services

“I am looking forward to working with Simon in the future; not only to make the Nyapiri Macro Mining the local indigenous contractor of choice at projects situated on the lands of the Ngarla and Kariyara traditional owners, but to also facilitate cultural awareness, preservation of cultural heritage and to deliver real benefits to the traditional owners through employment, training and contracting opportunities.”

• FRANCISCO BROWN, FOUNDER & OWNER, NYAPIRI HOLDINGS -

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2 0 2 5 S T R A T E G I C V I S I O N EVALUATING OUR EXPLORATION PIPELINE STRATEGIC EXPLORATION PLAN

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E X P L O R A T I O N

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WE PROPOSEDAGGRESSIVETIMELINE OF EXPLORATION MILESTONES IN APRIL 2024	WE PROPOSEDAGGRESSIVETIMELINE OF EXPLORATION MILESTONES IN APRIL 2024	WE PROPOSEDAGGRESSIVETIMELINE OF EXPLORATION MILESTONES IN APRIL 2024	WE PROPOSEDAGGRESSIVETIMELINE OF EXPLORATION MILESTONES IN APRIL 2024	WE PROPOSEDAGGRESSIVETIMELINE OF EXPLORATION MILESTONES IN APRIL 2024
WORK Project	Activity	CY 2024
		Q2	Q3	Q4
~~PROGRAM~~ CY2024 Cane Bore	✓Rock chip sampling ✓Mapping ✓Bulk sampling ✓Drill permitting
	✓Maiden RC drilling program ✓Mineral resource estimation ✓Heritage survey
Goldsworthy East	✓Bulk sampling ✓Drill targeting, planning permitting
	✓Heritage survey ✓Program of works for drilling ✓Maiden drilling campaign
Catho Well	✓Bulk sampling ✓Drill targeting, planning permitting

WE ACHIEVEDSO MUCH MORE E X P L O R A T I O N	WE ACHIEVEDSO MUCH MORE E X P L O R A T I O N	CY 2024 Q2 Q3 Q4	CY 2024 Q2 Q3 Q4	CY 2024 Q2 Q3 Q4
Project	Activity	CY 2024
		Q2	Q3	Q4
WORK ~~PROGRAM~~ Cane Bore iron ore	✓Rock chip sampling ✓Mapping ✓Bulk sampling ✓Drill permitting
	✓Maiden RC drilling program ✓Heritage survey
CY2024 Goldsworthy East iron ore	✓Bulk sampling ✓Drill targeting, planning permitting
	✓Heritage survey ✓Program of works for drilling ✓Maiden drilling campaign
Catho Well iron ore	✓Bulk sampling ✓Drill targeting, planning permitting
Turner iron ore	✓Completed initial mapping and rock chip sampling program
	✓Initial meeting with Eastern Garuma to discuss entering into heritage agreement ✓Finalised third party access consents ✓Developed second phase mapping and sampling scope of work to be implemented Q1 CY25
Wandanya manganese	✓Identification and acquisition of project
	✓Completed detailed mapping ✓Completed sampling ✓Completed initial environmental survey ✓Completed Heritage survey ✓Planned RC drilling and lodged POW application

Q4/2024 Q1/2025 Q2/2025 UPDATED EXPLORATION PLAN 2025 OCT NOV DEC JAN FEB MAR APR MAY JUN Wandanya Manganese Rock chip sampling & mapping at Crossroads, Donkey and Wandanya Prospects ✓ Initial flora/fauna survey ✓

Heritage survey & approvals

Maiden drilling programme at Crossroads, expand Donkey mineralisation, evaluate untested mineralisation Resource definition drilling at Crossroads (subject to success of maiden Crossroads drilling) Resource definition drilling at Donkey aiming to upgrade categorisation and scale of mineral resource

Ancillary permitting and approvals required to undertake substantial bulk sample

Turner Iron Ore

Negotiating heritage agreement with Wintawari Garuma Aboriginal Corporation Second phase rock chip sampling & mapping (aim to define initial target scale & evaluate additional regional prospects) Commence maiden drilling campaign (subject to Heritage Agreement & Heritage survey)

Bungaroo North Iron Ore

Heritage survey & approvals

First phase mapping and sampling (subject to Heritage Agreement & Heritage survey)

Second phase mapping and rock chip sampling (subject to Heritage Agreement & Heritage survey)

Six Mile Well Iron Ore

Heritage survey & approvals

First phase mapping and sampling (subject to Heritage Agreement & Heritage survey)

Second phase mapping and rock chip sampling (subject to Heritage Agreement & Heritage survey)

Pannawonica Iron Ore

Determine presence and commercial viability for export of unconsolidated iron ore material located across Macro tenure

Desrali Manganese

Exploration targeting based on available data

Detailed mapping and sampling to determine scale of mineralisation potential

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WANDANYA

“We consider Wandanya to be the most near-term cash flow-generating opportunity for Macro”

• SIMON RUSHTON -

Location

• 50km south-west of the Woodie Woodie Manganese Mine in the East Pilbara Region of Western Australia

• 300km south-east of Port Hedland

• Access via the all-weather Port Hedland-Marble Bar-Ripon Hills-Nifty Road.

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Q4/2024 Q1/2025 Q2/2025
Exploration Plan: Wandanya
OCT NOV DEC JAN FEB MAR APR MAY JUN
Rock chip sampling and mapping of Crossroads, Donkey and Wandanya Prospects ✓
Initial flora/fauna survey ✓
Heritage survey & approvals
Maiden drilling programme - Limited drilling at Crossroads and Donkey expanding
mineralisation and evaluate untested mineralisation
Resource definition drilling (subject to success of maiden drilling at Crossroads)
Resource definition drilling at Donkey aiming to upgrade categorisation and scale of mineral
resource
Ancillary permitting and approvals required to undertake substantial bulk sample
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The Company cautions that with respect to any visual mineralisation indicators, visual observations and estimates of mineral abundance are uncertain in nature and should not be taken as a substitute or proxy for appropriate laboratory analysis. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations.. Drill testing will be required to understand the grade and extent of mineralisation. Refer ASX announcement dated 4 November 2024 for further information.

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TURNER

“The rock chip samples indicate we appear likely to have successfully defined a substantial high grade CID target at Turner”

• ROB JEWSON-

Location

• 25km west-north-west of Tom Price

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▪ Directly adjacent to Rio Tinto’s Turner Syncline Mine

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Q4/2024 Q1/2025 Q2/2025
Exploration Plan: Turner
OCT NOV DEC JAN FEB MAR APR MAY JUN
Negotiating Heritage Agreement
Second phase rock chip sampling and mapping campaign aiming to define scale of initial
target and evaluate additional regional prospects
Subject to completion of Heritage Agreement & Heritage survey, commencing maiden
exploration RC drilling
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BUNGAROO NORTH

“Bungaroo North has the potential to be a very highgrade valley fill CID/DID drill target that warrants immediate sampling and mapping to define the surface extent of mineralisation.”

• ROB JEWSON -

Location

• South East of Pannawonica

• 7km north of Mineral Resources Ltd’s Buckland Project

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Q4/2024 Q1/2025 Q2/2025
Exploration Plan: Bungaroo North
OCT NOV DEC JAN FEB MAR APR MAY JUN
Heritage survey & approvals
First phase mapping and sampling program to be completed in - need to discuss RRK
Second phase mapping and rock chip sampling program
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SIX MILE WELL

“Six Mile Well is advantageously located directly adjacent to road infrastructure and contains, similarly to Bungaroo North, very high surface grades of iron with low deleterious elements. ”

• ROB JEWSON -

Location

14km south of Pannawonica and directly adjacent to Rio Tinto’s Mesa J Mine and comprises two exploration licence applications, E08/3731 and E47/5190.

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Q4/2024 Q1/2025 Q2/2025
Exploration Plan: Six Mile Well
OCT NOV DEC JAN FEB MAR APR MAY JUN
Heritage survey & approvals
First phase mapping and sampling program to be completed in - need to discuss RRK
Second phase mapping and rock chip sampling program
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PANNAWONICA

“Macro is committed to a long term relationship with the Robe River Karuma people built on trust, respect and transparency. We made these tenure applications with Indigenous engagement, collaboration and reconciliation firmly in mind.”

• SIMON RUSHTON -

Location

Located directly south of the town of Pannawonica and 160km via road from Cape Preston East Port.

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Q4/2024 Q1/2025 Q2/2025
Exploration Plan: Pannawonica
OCT NOV DEC JAN FEB MAR APR MAY JUN
Determine presence and commercial viability for export of unconsolidated iron ore material
located across Macro tenure
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DESRALI

Location

• 230km north-northeast of Newman and 50km south of the Woodie Woodie Manganese Mine. Access from Newman is via the Balfour Downs gravel road

• Further exploration will be planned subsequent to the mapping and sampling program

• Exploration Plan: Desrali

Exploration targeting based on available data

Detailed mapping and sampling to determine scale of mineralisation potential

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Q4/2024 Q1/2025 Q2/2025 OCT NOV DEC JAN FEB MAR APR MAY JUN

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2 0 2 5 S T R A T E G I C V I S I O N FOCUSED ON DELIVERING VALUE STRATEGIC SUMMARY

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A S X : M 4 M

STRATEGIC SUMMARY

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We are committed to delivering exceptional value to our shareholders through strategic initiatives and operational excellence

Macro Metals is poised to capitalise on significant growth opportunities through our determined focus on our mining services and infrastructure development strategy

We will leverage strategic partnerships and joint ventures to secure mining services contracts and realise value across the entire mining supply chain from pit to customer

Utilising revenue created from our mining services business we will aggressively accelerate exploration activities to quickly evaluate our growing portfolio of exploration assets

We are committed to cultural alignment and community empowerment and will deliver exceptional value to our shareholders while positively impacting the communities where we operate

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Revenue Creation Focus

Pit-To-Customer Mining Services Strategy

Infrastructure Strategy

Strategic Focus on Exploration

Drilling Programmes Aggressive Timeline

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2 0 2 5 S T R A T E G I C V I S I O N

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MACRO METALS LIMITED Thank you / Q & A

ASX:M4M

AGM PRESENTATION

26 November 2024

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