Drilling for Gold in Cambodia

ASX Code:UM1

PRESENTATION RIU SYDNEY RESOURCES ROUND-UP

MAY 2026

Not for release to US wire services or distribution in the United States

Purpose: This Presentation has been issued by Unity Metals Limited (ACN 678 776 899) Ltd (Unity Metals or the Company). This Presentation is provided for information purposes only and does not constitute an offer of securities in the Company. This Presentation is not a prospectus or disclosure document under the Corporations Act 2001 (Cth).

Accordingly, this document does not contain all of the information which a prospective investor may require to make an investment decision and it does not contain all of the information which would otherwise be required by Australian law or any other law to be disclosed in a prospectus.

Disclaimer: The Company gives no warranty as to the accuracy, reliability or completeness of advice or information which is contained in this document. Except insofar as liability under any statute cannot be excluded, Unity and its respective directors, employees and consultants do not accept any liability (whether arising in contract, in tort or negligence or otherwise) for any error or omission in this document or for any resulting loss or damage (whether direct, indirect, consequential or otherwise) suffered by the recipient of this document or by any other person. This document is being furnished to you solely for your information and may not be reproduced or redistributed to any other person. This is a private communication and was not intended for public circulation or publication or for the use of any third party, without the prior written approval of Unity. This document is not an offer, invitation, solicitation, advice or recommendation with respect to the subscription for, purchase or sale of, any security, and neither this document or anything in it will form the basis of any contract or commitment. This document has not been written for the specific needs of any particular person and it is not possible to take into account each investor's individual circumstances and investors should make their adviser aware of their particular needs before acting on any information or recommendation.

Key risks: An investment in Unity Metals carries risk, including those specific to Unity Metals' business activities, the industry in which it operates, and those more general risks associated with investing in the Company's securities. Many of these risks are partially or completely outside of the control of Unity Metals, its Directors, and its officers. Shares in Unity Metals carry no guarantee in respect of profitability, dividends or return of capital. Neither Unity Metals, its Directors, nor any party associated with the preparation of this Presentation warrants that any specific objective of Unity Metals will be achieved. There are a number of risks specific to the Company and of a general nature which may affect the future operating and financial performance of the Company and the value of an investment in the Company, including and not limited to exploration and development risks, sovereign risk, regulatory risk, environmental risk and the Company's future funding requirements. Investors should have regard to details provided on key risks identified in the Company's Prospectus dated 6 November 2025.

Forward-looking statements: This Presentation may contain forward-looking statements, opinions and estimates. Forward-looking statements are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond the Company's control, and which may cause actual results to differ materially from those expressed in the statements contained in this document and the attached materials. You should not place undue reliance on these forward-looking statements. These forward-looking statements are based on information available to the Company as of the date of this Presentation. Except as required by law or regulation the Company undertakes no obligation to update these forward-looking statements.

Proximate resources statements: This Presentation contains references to other parties' resources at projects either nearby or proximate to the Company's projects and/or references that may have topographical or geological similarities to the Company's projects. It is important to note that such exploration results, discoveries or geological similarities do not in any way guarantee that the Company will have any exploration success at all, or in delineating a mineral resource on any of the Company's projects.

Previously reported exploration results: The information in this Presentation relating to exploration results for the Company's projects is extracted from the Company's Prospectus dated 6 November 2025, Revised Independent Geologist's Report dated 2 January 2026 released to ASX on 8 January 2026, and ASX Announcements dated 27 March 2026, 13 April 2026 and 20 April 2026 copies of which are available on the Company's website at www.unitymetals.com.au/news-release and on the ASX market announcements platform at www.asx.com.au/markets/trade-our-cash-market/historical-announcements using the code "UM1". In relation to the exploration results referred to in these releases, the Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement.

This presentation has been authorised for release by Craig Mackay, Managing Director

Unity Metals - Highlights

First IPO on ASX in 2026

Listed on ASX 12 January
Raised \$8.6M

Focus on gold & copper in Cambodia & Thailand

Intrusion-related gold (IRG) & porphyry copper gold
Potential for discoveries of scale

Next door to major deposits

Okvau gold mine (1.3Moz gold)1
PUT 1 copper gold deposit (0.9Mt copper & 0.8Moz gold)2

Proven board & management team

Track record of discovery (collectively >18Mozs of gold)
Extensive operating experience in SE Asia

8,000 m drilling program underway

90% drilling complete; assays received for 40% of program
Gold discovered at 2 prospect areas to date

Leadership - extensive gold discovery experience

Mr Andrew Wright (Non-Executive Chairman)

Highly experienced lawyer. He was a senior partner of a leading commercial law firm and built one of the best known resource teams in the UK. He led one of the first dual AIM listings.

Mr Craig Mackay (Managing Director & Founder)

Exploration geologist with 38 years experience working in SE Asia, West Africa, Australia, Canada, Chile, Sweden & SW Pacific islands. Previous positions with major resource companies – Shell Metals and AngloGold. He was the Managing Director of ASX-listed Golden Rim Resources for 15 years. Multiple gold discoveries (collective inventory of 13 million ozs).

Mr Gilbert Rodgers (Corporate Director & Founder)

Chartered Accountant and has been involved in the mining industry for more than 30 years, including 13 years in SE Asia. Previous Managing Director of Unity (8 years). Also, previously an executive director for a number of ASX listed companies.

Mr Mark Ashall (Non-Executive Director)

Managing Director of a UK property development and asset management group. Long and successful history of operating in SE Asia holding senior management positions with Swire Group (Hong Kong) and Indochina Assets (Cambodia, Vietnam and Myanmar). Trustee of ISF, a charity which provides education to 700 underprivileged children in Cambodia.

Mr Frank DeMarte (Company Secretary)

Experienced mining executive with over 40 years of experience working with natural resources companies in Australia and has held executive positions with a number of listed mining and exploration companies. He has extensive experience in areas of corporate management, governance, regulatory compliance, financial management and secretarial practice.

Mr Shane Hibbird (Exploration Manager)

Exploration geologist with over 35 years experience working in Australia, SE Asia, China, Mongolia and West Africa. He was the Exploration Manager for Renaissance Minerals when they acquired Okvau in Cambodia in 2013 and he managed the work that increased the resource to over 1Moz that led to Okvau becoming an operating mine in 2021.

Mr Graham Moir (General Manager – Cambodia & Thailand)

More than 40 years experience in the resources industry with 24 years in oil & gas and 18 years in mining exploration in Cambodia and Laos. Previously Cambodia country manager for Oxiana & Oz Minerals & Cambodia country representative for Pan Australian/Phu Bia Mining. Involved in both the exploration & construction phases of the Okvau Gold Project.

Mr Surapol Udompornwirat (Director – Unity Minerals (Thailand))

Exploration and mine geologist with over 40 years experience working in Thailand, Laos and Malaysia. Previously Co-Managing Director of Metal Tiger Exploration (the Thai subsidiary of Metal Tiger Plc) and Executive Vice President of Akara Mining (the Thai subsidiary of Kingsgate Consolidated). Currently Managing Director of Primex Mining Consultants and Secretary General/Vice President of the Mining Industry Council of Thailand.

www.unitymetals.com.au 4

Company Snapshot – initial focus on gold in Cambodia

Capital Structure

Shareholders Shareholding Distribution

Directors & Management 16.8%

8.9%

Australia UK SE Asia Other

Projects

Cambodia (UM1: 85%³)

Ngot Gold (granted licence)
O'Phlay Gold (granted licence)
Ta Vaeng Copper-Gold (licence application)

Thailand (UM1: 100%)

• Loei Copper-Gold (14 licence applications)

1. Options: 5.2M, US\$0.30 (partly paid to US\$0.05), expire May 2026
2. Broker Options: 1.4M, A\$0.20, expire Jun 2027; 2.1M, expire Jan 2029; 2.1M, expire Jan 2029
3. Local Cambodian partner has 15% free-carried interest until completion of feasibility. Partner must then contribute to expenditure or can be diluted to 1% NSR

Ngot Gold - Unity is surrounded by Emerald Resources

Location of Unity Metals' Ngot and O'Phlay licences (white) in relation to the Emerald's licences (yellow); the Okvau Gold Mine and Mesam Gold Mine; and infrastructure.

Ngot Gold - directly adjacent operating gold mines

112.4km² exploration licence
Directly south of Cambodia's two largest gold mines (Okvau & Mesam)
Intrusion-related gold (IRG) mineralisation (gold + arsenic + bismuth + tellurium)
Similar poly-phase intrusions and structures hosting Okvau & Mesam extend through Ngot
5 drill ready prospects delineated with soil sampling, geological mapping (artisanal workings), rock chip sampling and IP geophysical surveys
Maiden ~8,000m diamond drilling program (~50 holes) underway
90% drilling complete; assays received for 40% of program
Gold discovered at 2 prospect areas to date

Unity's diamond drilling at Ngot

Ngot Gold - first systematic exploration delivers

Gridded image of gold-in-soil results on satellite imagery

Rohav Mountain Prospect - mineralisation under cover

Drillhole locations at Rohav Mountain Prospect with surface gold geochemistry and geology

>150m wide, highly altered, gold mineralised diorite intrusion discovered in first drilling
Extends under basalt cover
Multi-generational stockwork veins (gold with later stacked, poly-metallic epithermal veins)
Assays received for 5 holes:
23m @ 0.9g/t gold from 120m (26DDRM007)
1m @ 7.9g/t gold from 33 m (26DDRM007)
Assays for 8 drill holes are pending
Sampling of veins exposed in creek adjacent the diorite returned assays up to 24.7g/t gold, 206g/t silver, 4.4% zinc, 0.9% lead
300m downstream are the largest artisanal workings at Ngot (angular nuggets)

Rohav Mountain Prospect – 300 m downstream

Alluvial gold obtained by artisanal miners 300m downstream from the goldmineralised diorite discovered in the recent drilling

Rohav Mountain Prospect - mineralised & altered diorite

Almost complete replacement of the original diorite minerals

Diorite intrusion with strong phyllic alteration (quartz – sericite – pyrite) discovered under cover. Intensely mineralised zones of multi-generational stockwork veins occur throughout the diorite, with gold is closely associated with a later generation of epithermal quartz veins with strong poly-metallic sulphides (pyrite – arsenopyrite – sphalerite and lesser galena).

Ngot Central Prospect – stacked high-grade gold veins

Drillholes, surface gold geochemistry on interpreted geology

Gold mineralisation in 1.5km x 1km diorite intrusion
Strong, coherent 2.8km x 1km gold-in-soil anomaly (>10ppb; maximum 5,390ppb gold)
16 drillholes completed
Gold discovered in stacked, shallow-dipping veins
Most veins, near surface & ~0.5m – 5m wide
High-grade intersections include:
0.4m @ 32.8 g/t gold from 41.7m (26DDNC009)
0.7m @ 14.3g /t gold from 22.4 m (26DDNC012)
1m @ 21.8 g/t gold from 125.6 m (26DDNC006)
4.9m @ 3.2 g/t gold from 34.7m, incl. 0.4m @ 34.5 g/t gold (26DDNC002)
Veins show strong continuity (>200m depth)
Open along strike and at depth

Ngot Central Prospect – stacked, high-grade gold veins

Ngot NE Prospect - trends towards the Okvau pit

Quartz-arsenopyrite breccia mineralisation

assaying 2.2g/t gold. A rock chip sample (ID 103090) taken from this vein at location Easting 689112 m, Northing 1391672 m returned assay results of 2.2 g/t gold, 2.4 g/t silver and 4.9% arsenic (refer to Unity Prospectus for all rock chip sample assay results).

Gridded image of gold-in-soil results

Closest prospect to the Okvau Gold Mine
Gold mineralisation associated with quartz ± arsenopyrite veins & vein breccias
Hosted in diorite & along diorite/sediment contact
Outcrop sparse
Coherent 2km x 0.7km gold-in-soil anomaly (>10ppb; maximum 1,000ppb gold)
Strongest arsenic-in-soil anomaly at Ngot
Drilling underway (9 holes planned)

O'Phlay Gold - another IRG opportunity

Gridded image of gold-in-soil results

195.6km2 exploration licence
Historical mining operation (Gold Metal Group) & limited exploration
Intrusion-Related Gold (IRG) style mineralisation
Broad zones (up to 40m wide) of sheeted & stockwork quartz + arsenopyrite veins
Unity rock chips up to 37.1g/t gold
Significant gold-in-soil anomalies (peak assay of 3,540ppb gold)
Remote sensing & geophysical surveys underway
5.9km2 of LiDAR topographic surveying
143 line-km of UAV Magnetics, line spacing 50m, nominal height of 30 m
60.1 line-km of Gradient Array Induced Polarization (GAIP)

O'Phlay Gold - intense stockwork vein mineralisation

Unity channel sampling of stockwork vein mineralisation hosted in granodiorite at Camp Prospect

Unity's Thailand Project Location

www.unitymetals.com.au 17

Loei Copper Gold - adjacent large copper – gold deposit

Location of Unity's Loei Project area over an airborne magnetic image

14 SPL Applications (area 193.3km²)
Loei Fold Belt the major copper-gold metallogenic and magmatic belt in mainland Southeast Asia
Porphyry & skarn-style copper gold mineralisation associated with quartz diorite intrusions
Widespread copper and gold occurrences, gossans
Directly adjacent the largest known copper deposit in Thailand1:

PUT 1 Measured, Indicated & Inferred Mineral Resource: 183.0Mt at 0.50% copper & 0.13g/t gold (0.91Mt contained copper & 0.77Moz contained gold2)

The PUT 1 Mineral Resource remains open along strike to the north and may extend into Unity's ground
5 highly prospective, deep-seated, magnetic anomalies similar to those associated with diorite intrusions hosting PUT 1
No systematic exploration in the area for nearly 30 years
PanAust ASX Announcement, 28 July 2008. Puthep Copper Project, Thailand Pre-feasibility Study Mineral Resource Estimate

Indicative Timetable (12 Months)

Want to find out more?

Visit us at Booth 71

Thank You

Unity Metals Limited

Australia: Level 2, 34 Colin Street, West Perth WA 6005

Cambodia: 4A Street 36R, Khan Russey Keo, Phnom Penh, Cambodia

For Further Information: Craig Mackay, Managing Director Unity Metals Email: [email protected] Telephone: +61 418 397 091

ASX:UM1

www.unitymetals.com.au

Additional Information

Ta Vaeng Copper & Gold - a target of considerable scale

Unity exploration licence application (area 199km2)
Situated in MOE protected area (Virechy National Park)
Oxiana had strong interest in the area (application lodged 2007)
Large altered volcanic package (massive, vuggy & granular silica with pyrophyllite-dickite-diaspore-andalusite-topaz) an interpreted lithocap
7km x 5km vegetation anomaly believed to be due to hydrothermal alteration above intrusive system
Sulphur-rich springs
Recorded molybdenum occurrence
The scale of the system and the intensity of the alteration suggests potential for sizable mineral deposit (Unity is targeting copper-gold)
No drilling has ever been conducted
IESIA study completed & Inter-Ministerial Meeting approval received on 17 August 2023. Waiting final approval by Ministry of Environment

Ta Vaeng Copper & Gold - intriguing vegetation anomaly

Lithocap

Lithocap samples – strongly altered felsic volcanics with intense silicification or advanced argillic alteration dominated by pyrophyllite & quartz