METRO MINING LIMITED — Earnings Release 2025

Feb 26, 2026

Metro Mining Limited and Controlled Entities

ABN 45 117 763 443

Appendix 4E

Results for announcement to the market

(all comparisons to 12 months ended 31 December 2025)

Results for announcement to the market(all comparisons to 12 months ended 31 December 2025)
Revenue from ordinary activitiesProft after tax for the year from continuing operationsUnderlying profit before tax from ordinary activities(i)Underlying EBITDA from ordinary activities(i)	$’000s	Movement	Movement%
	378,362142,33479,36672,933	IncreasedIncreasedIncreasedIncreased	23.11746.947,758.0995.97

(i) The financial results of Metro Mining Limited are reported under International Financial Reporting Standards (IFRS). These results include certain non-IFRS measures including Underlying Profit / (Loss) before Tax from Ordinary Activities and Underlying EBITDA from Ordinary Activities. These measures are consistent with measures used internally and are presented to enable understanding of the underlying performance of the Company. Non-IFRS measures have not been subject to audit or review. A reconciliation to Profit / (Loss) before Tax from Continuing Operations is included below.

Dividend information

No dividends were declared or paid during the financial year.

Net tangible assets per security

Net tangible assets per security
Net tangible assets per security	31 Dec 2025	31 Dec 2024
	$0.026	$0.006

Reconciliation of profit before tax from continuing operations to underlying EBITDA from ordinary activities

Profit / (loss) before tax from continuing operationsForeign exchange (gain)/lossLoss on loan modificationWrite-off of capitalised borrowing costsLease accounting adjustmentsUnderlying profit before taxImpairment reversalNet finance costs (excluding leasing expense)Depreciation and amortisationUnderlying EBITDA from ordinary activities	12 Months	12 Months
	31 Dec 2025	31 Dec 2024
	$’000s	$’000s
	114,787(35,418)--(3)	(22,001)20,8392,2711,383(1,482)
	79,366(47,738)16,83524,470	1,010-18,17818,028
	72,933	37,216

This information should be read in conjunction with the 31 December 2025 Annual Report.

Additional information supporting the Appendix 4E disclosure requirements can be found in the Directors’ Report and the consolidated financial statements for the year ended 31 December 2025. This report is based on the consolidated financial statements for the year ended 31 December 2025 which have been audited by Ernst & Young.

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