Announcement PDF February 2026 Developing the next Copper-Gold Mine in the Philippines ASX/AIM: CLA CORPORATE PRESENTATION Celsius Resources - Corporate PresentationFebruary 2026 DISCLAIMER & NOTES This presentation has been prepared by Celsius Resources Limited ("Celsius" "CLA", or "the Company“) and has been authorised for release by the Board of Directors of Celsius on the basis it is to be read in conjunction with these important notices and disclaimers. The information contained in this presentation is a professional opinion only and is given in good faith. All reasonable care has been taken to ensure that the facts stated in these presentation materials are accurate and that any forecasts, opinions and expectations contained therein are fair and reasonable. Accordingly, no representation or warranty express or impliedis made to the fairness, accuracy, completeness or correctness of these materials or opinions contained therein and each recipient of these presentation materials must make its own investigation and assessment of the matters contained therein. In particular, but without prejudice to the generality of the foregoing, no representation or warranty is given, and no responsibility or liability for any expenses, losses, damagesor costs incurred by any party is accepted by the Company or any of its representatives, related bodies corporate, directors, employees, advisers and agents, as to the achievement or reasonableness of any future projections or the assumption underlying them, or any forecasts, estimates, or statements as to prospects contained or referred to in these presentation materials. This presentation is not a prospectus, disclosure document or other offering document under Australian law or under any other law. It is provided for information purposes and is not an invitation nor offer of shares or recommendation for subscription, purchase or sale in any jurisdiction. This presentation does not purport to contain all the information that a prospective investor may require in connection with any potential investment in Celsius. Each recipient must make its own independent assessment of Celsius before makingan investment decision. Forward Looking Statement Certain statements contained in this presentation, includinginformation as to the future financial or operating performance of Celsius and its projects, are forward-looking statements. Such forward-lookingstatements are necessarily based on a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies, involve known and unknown risksand uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward-looking statements, and may include, among other things, statements regardingtargets, estimates and assumptions in respect of commodity prices, operating costs and results, capital expenditures, ore reserves and mineral resources and anticipated grades and recovery rates and are, or may be, based on assumptions and estimates related to future technical, economic, market, political, social and other conditions. The Company disclaimsany intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise. The words ‘believe’, ‘expect’, ‘anticipate’, ‘indicate’, ‘contemplate’, ‘target’, ‘plan’, ‘intends’, ‘continue’, ‘budget’, ‘estimate’, ‘may’, ‘will’, ‘schedule’ and other, similarexpressions identify forward-looking statements. All forward-looking statements made in this presentation are qualifiedby the foregoing cautionary statements. Investors are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein and particularly in light of the current economic climate. Many known and unknown factors could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward-looking statements. Such factors include, but are not limited to: competition; mineral prices; ability to meet additional funding requirements; exploration, development and operating risks; uninsurable risks; uncertainties inherent in ore reserve and resource estimates; factors associated with foreign operations and related regulatory risks; environmental regulation and liability; currency risks; effects of inflation on results of operations; factors relating to title to properties; dependence on key personnel, and share-price volatility. They also include unanticipated and unusualevents, many of which it is beyond the Company’s ability to control or predict. Photographs in this presentation may not depict assets of the Company. Except as required by law or regulation (includingthe ASX Listing Rules), none of Celsius and its representatives or advisers undertakes any obligation to provide any additional or updated information whether as a result of a change in expectations or assumptions, new information, future events, or results or otherwise. Indications of, and guidance or outlook on future financial position or performance are also forward-looking statements. In the United Kingdom, these presentation materials have not been approved by an authorised person pursuant to section 21 of the Financial Services and Markets Act 2000 (the "FSMA") and, accordingly, these presentation materials are only directed at persons in the United Kingdom who fall within the exemptions contained in Articles 19 and 49 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (such as persons who are authorised or exempt persons within the meaning of the FSMA and certain other investment professionals, high net worth companies, unincorporated associations or partnerships and the trustees of high value trusts) and persons who are otherwise permitted by law to receive them. These presentation materials are directed only at persons having professional experience in matters relating to investments and any investment or investment activity to which these presentation materials relate and is only available to such persons. Persons of any other description, including those who do not have professional experience in matters relating to investments, should not rely on these presentation materials or act upon their content. These presentation materials have not been approved by the Financial Conduct Authority (the "FCA") as a prospectus for the purposes of section 87A of the FSMA and have not been filed with the FCA pursuant to the United Kingdom Prospectus Rules. The distribution of these presentation materials in other jurisdictionsmay be restricted by law, and persons into whose possession these presentation materials come should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of the relevant jurisdiction. All amounts in AUD unless stated otherwise. Compliance and CompetentPerson Statements This presentation contains estimates of Celsius’ Mineral Resources, Ore Reserves and production targets and forecast financial information derived from those. The information in this presentation that relates to Mineral Resources, Ore Reserves and production targets and forecast financial information has been extracted from ASX announcements dated 24 November 2025, 12 December 2025 and 23 January 2026. Celsiusconfirms that it is not aware of any new information or data that materially affects the information included in these announcements. All material assumptionsand technical parameters underpinning the Mineral Resources, Ore Reserves and production targets and forecast financial information in these ASX announcements continue to apply and have not materially changed. The form and context in which the relevant Competent Person’s findingsare presented in these announcements have not been materially modifiedfrom the original documents. The information in this presentation with respect to the outcomes of the Definitive Feasibility for the MCB Project was announced by Celsius to ASX on 23 January 2026. Celsiusconfirms that all material assumptions underpinning the production target and forecast financial information derived from the production target referred to in the announcement of 23 January 2026 continue to apply and have not materially changed. The information in this presentation with respect to the Mineral Resource Estimate for the Sagay Project was first announced by Celsius to the ASX on 6 February 2024. Celsius confirms that it is not aware of any new information or data that materially affects the information included in the announcement and that all material assumptions and technical parameters underpinning the Mineral Resource Estimate continue to apply and have not materially changed. Celsius confirms that the form and context in which the Competent Person’s findingsare presented have not been materially modifiedfrom the original market announcement. The information is this presentation with respect to the Mineral Resource Estimate for the Opuwo Project was first announced by Celsius to ASX on 1 July 2021. Celsiusconfirms that it is not aware of any new information or data that materially affects the information included in the announcement and that all material assumptions and technical parameters underpinning the Mineral Resource Estimate continue to apply and have not materially changed. Celsius confirms that the form and context in which the Competent Person’s findingsare presented have not been materially modifiedfrom the original market announcement. 2 CORPORATE 01 Celsius Resources - Corporate PresentationFebruary 2026 Capitalisation Summary Corporate Overview Celsius Resources is focused on developing its flagship MCB Copper-Gold Project in the Philippines 4 0.0 10.0 20.0 30.0 40.0 50.0 60.0 70.0 - 0.01 0.02 0.03 Jan 25 Feb 25 Mar 25 Apr 25 May 25 Jun 25 Jul 25 Aug 25 Sep 25 Oct 25 Nov 25 Dec 25 Trading Volume (Million Shares) Share Price (A$ / Share) Units Amount Share Price @ 30 Jan $ Per Share $0.02 Shares Outstanding 2 Million Shares 3,241.5 Market Capitalisation A$M 64.8 (+) Debt 1 A$M 11.0 (-) Cash1 A$M (2.2) Enterprise Value A$M 73.6 AIM Depositary Interests, 8.9% Silvercorp, 9.8% Board Members, 2.0% Others (ASX Shareholders), 79.3% CLA Share Price Shareholding Summary2 Note: 1) Cash and Debt Balances are as at 31 December 2025. ~A$1.17M of the reported cash balance is held by MMCI. 2) As at 30 January 2026. Celsius Resources - Corporate PresentationFebruary 2026 Board and Management 5 Kellie Davis Company Secretary Patrique Jane Duran Chief Operations Officer – Philippines • Over 20 years of experience in accounting and ASX Compliance, predominantly in the resources sector • Previous experience as an audit, accounting and company secretarial services with EY and several ASX listed companies • Licensed Mining Engineer and Accredited Competent Person in Mining, with more than a decade of experience in both government and private sectors, holding key leadership roles in the mining industry • Expertise in mine planning, contracts management, risk assessment, project scheduling, and budgeting Neil Grimes Executive Director Peter Hume Non-Executive Director Mark van Kerkwijk Non-Executive Director Paul Dudley Non-Executive Director • Over 30 years of experience in business management, project development and management in Australia and Southeast Asia • Previously with WMC Resources, Oxiana Limited, OZ Minerals, MMG Ltd and Indophil Resources • Over 40 years of experience on major mining and construction development projects in Australia and internationally • Previously assignments with Porgera JV, Xstrata Copper, Xstrata Coal, Anglo Coal, Glencore, Newmont Mining Corporation, BMA Coal, Kaltim Prima Coal and Dyno Nobel • Extensive experience as a substantial private investor in the resources sector • Technologist and security risk management professional with a diverse background spanning defence, agriculture, construction, compliance and financial services • Over 25 years of experience, working across Natural Resources, Corporate Finance, Regulatory and Financial Services • Fellow of the Chartered Institute of Accountants of England and Wales and a Member of the UK’s Chartered Institute of Securities and Investment Credentialed Board and management team to drive Celsius into near-term Cu and Au production Celsius Resources - Corporate PresentationFebruary 2026 Portfolio Overview 6 Flagship MCB Project is complemented by an extensive exploration footprint in the Philippines Sagay Project Botilao Project MCB Project • Sagay Copper Project covers a tenement area of ~1,780 hectares in the Negros Occidental in the South Philippines • Exploration since 2008 has discovered ─ large-scale deep porphyry copper-gold mineralisation ─ shallow, secondary supergene deposit west of the main porphyry deposit • Combined Measured, Indicated and Inferred Mineral resource of 312Mt @ 0.39% Cu and 0.11 g/t Au (0.5Mt as Measured, 22Mt as Indicated and 290Mt as Inferred) • Copper mineralisation is open in multiple directions, with further shallow targets untested • Exploration and permitting activity has been deferred to allow focus on development of the MCB Project • Flagship project, targeting FID in Q2 2026 • Large-scale resource base of 343 Mt @ 0.46% Cu and 0.12 g/t Au (49Mt as Measured, 248Mt as Indicated, and 45Mt as Inferred) • Reserve of 130.2 Mt @ 0.66% Cu and 0.21 g/t Au, for 856 kt contained copper and 891 koz contained gold at a 0.84% CuEq grade • DFS released in January 2026 (refer overleaf for further detail) MCB Copper-Gold Project Sagay Copper-Gold Project • ~947 hectares, southwest and adjacent to the MCB Project • Exploration permit renewed Jan 2026 – 2 years • Drilling conducted under previous ownership confirmed presence of copper-gold mineralisation in the area with copper grades up to ~1% Botilao Copper-Gold Prospect Opuwo Cobalt-Copper Project, Namibia • 95% interest in the highly prospective Opuwo Cobalt Project in northern Namibia • 226 Mt @ 0.12% Co, 0.43% Cu and 0.54% Zn • Project currently in a sale process Other Assets Refer to ASX Announcements dated 01 July 2021, 07 November 2022, 24 November 2025, 12 December 2025, 23 January 2026 and 5 February 2026 Celsius Resources - Corporate PresentationFebruary 2026 Maalinao-Caigutan-Biyog (MCB) Project 7 • Celsius’ flagship copper-gold development project, held through its Philippine affiliate, Makilala Mining Company, Inc. (“MMCI”) • Located ~320 km north of Manila, in Barangay Balatoc, Municipality of Pasil, Province of Kalinga, Philippines, and covers ~2,500 hectares • Large-scale porphyry copper-gold system with a high-grade, sub-vertical core • Maiden Ore Reserve of 130.2 Mt @ 0.66% Cu and 0.21 g/t Au, for 856 kt contained copper and 891 koz contained gold at a 0.84% CuEq grade • Extensive drilling history, comprising 64 diamond drill holes (31,616 m) completed from 2006 to 2025 • Mining Permit (MPSA) granted in March 2024 and subsequently confirmed in April 2025, with an Initial 25-year mine life, with the right to renew for a further 25 years • Strong government and local community support with regulatory and community approvals secured • Financing underway – Grant Samuel appointed as Financial Adviser in January 2026; bridge financing from Maharlika Investment Corporation (MIC), Philippines Sovereign Wealth Fund, approved in May 2025 • FEED program complete locking in early works equipment and costs • FID and early works construction targeted to commence in Q2 2026 DFS marks a significant de-risking event in progressing the MCB Project toward FID and construction Gold occurrences Copper occurrences Manila ✓ Declaration of Mining Project Feasibility (DMPF) Approval ✓ Mineral Production Sharing Agreement (MPSA) ✓ Free, Prior and Informed Consent (FPIC) Certificate of Precondition All Permits Received for Mining Development1 LUZON Environmental Compliance Certificate (ECC) ✓ Philippines Note: (1) Local permits for water, land clearing and others to be obtained MCB Project KALINGA Refer to ASX Announcements dated 04 October and 15 November 2022, 31 May and 28 September 2023, 18 March and 04 September 2024, 12 December 2025, and 09 and 23 January 2026 MCB PROJECT DFS OUTCOMES 02 Celsius Resources - Corporate PresentationFebruary 2026 Foundation Asset 9 Long Life 35+ year mine life, supported by large-scale resource base of: ▪ 343 Mt in M,I&I resources and ▪ 130 Mt in 2P reserves Robust Mine Plan DFS delivered by pre-eminent technical team lead by Ausenco Focus on mining high-grade core during the first 10 years, delivering 4.7 years payback Strong Local Backing Close partnerships with local stakeholders, including national and local governments and the Balatoc indigenous community All substantive mining permits secured Attractive Economics Post-tax NPV₈% of US$771M and IRR of 24% based on conservative Cu and Au price assumptions US$1.2B NPV and 34% IRR at current spot prices ✓ MCB Copper-Gold Project is Celsius Resources’ flagship asset, set to commence construction in 2026 Refer to ASX Announcements dated 24 February 2022, 25 November 2022, 18 March 2024, 04 September 2024, and 23 January 2026 Competitive Cost-Structure Upfront CAPEX of US$ 276 M AISC (net of by-products) of US$ 0.70/lb Cu for the 1st 10 years and US$ 1.92/lb Cu over LOM Celsius Resources - Corporate PresentationFebruary 2026 Ore Mined 24.5 Mt 90.0 Mt Head Grades 1.08% Cu 0.51 g/t Au 0.69% Cu 0.24 g/t Au Recoverable Metal 2 246 Kt Cu (542 Mlbs) 319 koz Au 560 Kt Cu (1234 Mlbs) 507 koz Au C1 Cost3 US$0.41/lb Cu By-Product Basis US$1.73/lb Cu By-Product Basis AISC3 US$0.70/lb Cu By-Product Basis US$1.92/lb Cu By-Product Basis Definitive Feasibility Study Completed 10 DFS outlines the MCB Project’s strong economic fundamentals First 10 Years1 Life of Mine1 Note: 1) First 10 Years refers to the initial 10 years of operation. Life of Mine refers to the period from first ore production until final ore production, which the MCB Project DFS contemplates as a 35.3-year LOM. 2) Recovered Cu and Au metal assume recoveries of 89.7% Cu and 72.6% Au over LOM. 3) Unit costs are calculated net of Au by-product credits. DFS assumes Au price of US$3,000/oz to 2036, and US$4,500/oz thereafter. Unit costs for Life of Mine also include closure costs that are incurred post the cessation of mining. Refer to ASX Announcement dated 23 January 2026 Celsius Resources - Corporate PresentationFebruary 2026 Definitive Feasibility Study Completed (Cont.) 11 DFS outlines the MCB Project’s strong economic fundamentals EBITDA US$2.3B US$5.1B Development CapEx US$276M US$276M Free Cash Flow US$1,429M US$2,843M Post Tax NPV8% US$444M US$771M Post Tax IRR 22.1% 24.1% Payback2 4.7 years 4.7 years First 10 Years1 Life of Mine1 Note: 1) First 10 Years refers to the development period plus the initial 10 years of operation. Life of Mine for the purposes of cash flow, valuation and returns metrics, includes the development period prior to commencement of operations as well as the closure costs post the cessation of mining. 2) Payback measures the number of years into operations to recover capital investment, calculated on an unlevered and real basis. Refer to ASX Announcementdated 23 January 2026 Celsius Resources - Corporate PresentationFebruary 2026 DFS Mine Plan Underground operation targeting near vertical orebody rich in copper and gold mineralisation 12 Mining Method1 • Sub-level open stoping (SLOS) mining method with cemented paste backfill and dry-stacking of tailings • Efficient mining with multiple stopes active in parallel, enabling material blending to meet plant specifications Ore Haulage1 • Initial ore via decline with truck haulage for first 3 years • Thereafter a vertical shaft and hoisting system is the primary material handling approach – improving efficiency, costs, and supporting higher mining rates • Shaft and conveying systems are included in sustaining capital expenditure Production 1 • 35+ year LOM, with 90.0 Mt ore mined at 0.69% Cu and 0.24 g/t Au, for recovered metal of 560 kt Cu and 507 koz Au • 10-year high grade period, with 24.5 Mt ore mined at 1.08% Cu and 0.51 g/t Au, for recovered metal of 246 kt Cu and 319 koz Au Processing1 • Conventional concentrator process plant, ramping from 2.28 Mtpa in Years 1-2 to ~2.64 Mtpa for remaining life • Potential throughput expansion to ~3.0 Mtpa from Year 10, not included in DFS Base Case Note: (1) Underground development mining inventory and development plan as per ASX Announcement “MCB Definitive Feasibility Study Confirms Stronger Economics“ on 23 January 2026 Stoping and Decline Development Shaft DeclinePortal Decline Return Air Raise 390 Level 930 Level Refer to ASX Announcement dated 23 January 2026 Celsius Resources - Corporate PresentationFebruary 2026 Updated Mineral Resource Estimate 13 Domain Ore Grade Contained Metal Mt % Cu g / t Au Kt Cu Koz Au JORC Ore Reserves Estimate (December 2025) Proven 22.1 0.90 0.34 197.6 244.1 Probable 108.2 0.61 0.19 658.9 647.0 2P 130.3 0.66 0.21 856.5 891.2 JORC Reserves and Resources1, 2 Note: 1) Estimates have been rounded to the nearest Mt or ore, two significant figures for Cu and Au grade and to the nearest kt of Cu metal and koz of Au metal. Some apparent errors may occur due to rounding. 2) JORC MRE estimate as at November 2025, inclusive of reserves, at a cut-off grade of 0.20% Cu. Mineral Resource Block Model JORC Mineral Resource Estimate (November 2025) Measured Type 1 HGV 13 1.15 0.50 145 202 Type 1 HGH 4 0.72 0.10 32 14 Type 3 LG 32 0.37 0.08 119 84 Total 49 0.60 0.19 296 300 Indicated Type 1 HGV 48 0.66 0.28 316 433 Type 1 HGH 11 0.79 0.12 83 41 Type 3 LG 190 0.35 0.07 674 438 Total 248 0.43 0.11 1,072 913 Inferred Type 1 HGV 19 0.50 0.12 94 72 Type 1 HGH 0.1 0.80 0.14 0.5 0.3 Type 3 LG 26 0.49 0.08 129 71 Total 45 0.49 0.10 224 143 M, I & I Type 1 HGV 79 0.70 0.28 554 708 Type 1 HGH 15 0.77 0.11 115 55 Type 3 LG 248 0.37 0.07 992 593 Total 343 0.46 0.12 1,592 1,356 JORC mineral resource of 343 Mt and maiden ore reserve of 130 Mt underpinning 35-year mine life 2.0% 1.0% 0.5% 0.4% 0.3% 0.2% 0.1% - Cu Grade Resource based on geological interpretation, surface mapping of 60 diamond drill holes totaling 31,616 m completed by MMCI between 2006 and 2025 Refer to ASX Announcement dated 24 November 2025,12 December 2025, and 23 January 2026 Celsius Resources - Corporate PresentationFebruary 2026 14 MCB Project Site Layout Site Layout Process and Filter Plant Refer to ASX Announcement dated 23 January 2026 Dry Stacking Area Contractor Pads General Administration Facility Mine Infrastructure Area Fuel/WTP/ Batching Plant Tailings Filtration Future Mining Shaft/Winder UG Portal Process Plant HV Switchyard Main Access Road to Site Site Access Bridge Celsius Resources - Corporate PresentationFebruary 2026 Processing Plant and Flow Sheet 15 Significant processing infrastructure to be developed to treat MCB copper-sulphide ore • Plant designed to treat copper-sulphide ore at 2.28 Mtpa during Years 1 – 2 and ~2.64 Mtpa thereafter • Potential plant expansion to ~3.0 Mtpa from Year 10 onward, not included in DFS Base Case • Selected processing route includes the following circuits: - Conventional ore crushing, stockpile and reclaim; - Single-stage semi-autogenous grinding (SAG); - 3-stage Jameson flotation circuit and regrind; - Concentrate thickening and filtration; and - Tailings thickening and filtration • Recoveries over LOM are expected to be 89.7% for Cu and 72.6% for Au • Plant expected to produce an average of 25 ktpa Cu and 32 kozpa Au in copper concentrate, over the first 10 years of operation • Concentrate will be clean and marketable, with no deleterious elements and a copper grade of ~25% Processing Flow Sheet Crushed Ore Stockpile SAG Mill Primary Cyclone Rougher Flotation Rougher Scavenger Regrind Cyclone Regrind Mill Cleaner Flotation Cleaner Scavenger Cu Conc. Thickener Cu Tailings Thickener Concentrate Filtration Tailings Filtration Tailings Stockpile Paste Plant Dry Stacking Mine to Backfill Open Stopes Cu Concentrate Crushed Ore from Mine Filtrate U/F Filtrate U/F Final C Final T C C T Cyclone O/F Cyclone U/F Trommel O/S T T O/F C U / F F80 = 106μm P80 = 38μm P80 = 150μm F80 = 128μm Legend C = Concentrate T = Tailings O/F = Overflow U/F = Underflow Refer to ASX Announcement dated 23 January 2026 Celsius Resources - Corporate PresentationFebruary 2026 Project Infrastructure 16 The MCB Project’s mine plan is supported by low cost and robust infrastructure solutions Site Infrastructure Power Supply Site Water Management • Project will comprise an underground mine and surface infrastructure • Site layout includes a process plant, ancillary facilities, and a general admin facility • Concentrates will be transported from the plant site to Salomague Port by trucks using lined containers, via the 21-km main access road that is to be constructed • Containers will then be loaded onto vessels for seaborn export • The 21-km main access road will be jointly developed by MMCI and the Provincial Local Government Unit • Estimated power demand of 16.3 MW from start of operations to be sourced from the National Grid Corporation of the Philippines at San Esteban, Ilocos Sur • Additional towers and overhead transmission lines will be necessary to connect the grid to the project site • Current grid power from coal (60%), gas (18%), geothermal (10%), hydro (8%), wind & solar (2.6%) • Alternative power sources may be used as renewable energy projects become operational, including geothermal and hydropower • Raw water is abstracted from a nearby falls which supports year-round minimum raw water demand of 45L/s • Recycled water recovered from thickener overflows, filtration and underground sources will be reused within the process plant to reduce reliance on raw water extraction • Two potable water treatment plants will be installed to supply potable water for camp facilities, offices, underground workshop amenities, and the process plant Refer to ASX Announcement dated 19 October 2023 and 23 January 2026 Celsius Resources - Corporate PresentationFebruary 2026 ESG Commitment 17 ✓ Minimised land disturbance through limited vegetation clearing and progressive rehabilitation of areas impacted by the Project ✓ Robust tailings management strategy incorporating cemented paste backfill for underground disposal and filtered dry-stack tailings for surface storage, delivering long-term stability and reduced environmental risk ✓ Water-efficient processing, with filtration-recovered water reducing raw water demand and supporting process water recycling ✓ Close partnerships with host communities, fostered through a commitment to preserving cultural heritage and customs of and delivering mutually beneficially economic gains ✓ Indigenous Approval secured in 2022. Monthly meetings with Council of Elders to promote constructive ongoing dialogue ✓ Labour required for both construction and operations will be locally sourced with the Balatoc community having priority for employment Environmental Social Governance ✓ Commitment to highest standard of governance and ethics, meeting or exceeding all applicable laws and regulations, and applying responsible industry standards where regulation is absent ✓ Strong safety leadership, with proactive risk management to protect employees, contractors and visitors Refer to ASX Announcement dated 15 November 2022 and 23 January 2026 Celsius Resources - Corporate PresentationFebruary 2026 Production Profile 18 Mining of higher-grade stopes occurs in the initial 10 years of operation, delivering rapid 4.7-year payback Potential to increase ore throughput from 2.6 Mtpa to 3.0 Mtpa to sustain concentrate production as feed grades decline post Year 10 Mining almost solely in the orebody Vertical shaft and hoisting system to improve haulage efficiency as the mine deepens, reducing operating costs and supporting higher production rates Material Mined - 0.2 x 0.4 x 0.6 x 0.8 x 1.0 x - 500 1,000 1,500 2,000 2,500 3,000 CY26 CY28 CY30 CY32 CY34 CY36 CY38 CY40 CY42 CY44 CY46 CY48 CY50 CY52 CY54 CY56 CY58 CY60 CY62 Strip Ratio (x) Material Mined (kt) Ore Mined (kt) Waste Mined (kt) Strip Ratio (x) Truck Haulage Vertical Shaft Hoisting System Payable Production Robust mine plan delivering an average of 2.5 Mtpa ore mined and 19 ktpa Cu equivalent over LOM - 10 20 30 40 50 60 CY28 CY30 CY32 CY34 CY36 CY38 CY40 CY42 CY44 CY46 CY48 CY50 CY52 CY54 CY56 CY58 CY60 CY62 kt / koz Cu Payable Metal (kt) Au Payable Metal (koz) CuEq Payable Metal (kt) 33 ktpa Cu Eq. over the initial 10 years of operation; 19 ktpa Cu Eq over LOM Refer to ASX Announcement dated 23 January 2026 Celsius Resources - Corporate PresentationFebruary 2026 Initial Capital Expenditure 19 Ex. Growth Growth Total Mining 30.8 0.7 31.5 Process Plant 74.0 7.2 81.2 Tailings Filtration & Handling 29.9 2.6 32.5 On Site Infrastructure 45.1 4.5 49.6 Off Site Infrastructure 20.7 - 20.7 Project Preliminaries 10.0 - 10.0 Project Delivery 10.3 - 10.3 Owner's Costs 13.7 - 13.7 Total Excl. Contingency 234.5 15.1 249.5 Contingency 26.5 - 26.5 Total 261.0 15.1 276.1 • Development CapEx, excluding provisions for growth and contingency, has been estimated at US$234.5M • Growth provision of US$15.1M was added to the base estimate, in addition to a contingency provision of US$26.5M, resulting in an all- inclusive capital cost estimate of US$276.1M • Ausenco prepared the capital cost estimates though a combination of formal tender (i.e., for early works including the site access bridge), sourcing quotes from vendors, and d