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pdigold.com ASX: PDI | TSX: PDI DEVELOPING A LEADING WEST AFRICAN GOLD COMPANY DEVELOPING A LEADING WEST AFRICAN GOLD COMPANY 1 MINING FORUM AMERICAS PRESENTATION • 28 SEPTEMBER 2026
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com 2 Forward Looking Statements, Important Notices and Disclaimers Forward Looking Statements, Important Notices and Disclaimers Forward Looking Statements and Important Notice This investor presentation is dated 28 September 2026 and has been prepared by PDI Gold Limited (ASX: PDI) (TSX: PDI) (“PDI Gold” or the “Company”) based on information available at the time of preparing this presentation (the “Investor Presentation”). This Investor Presentation contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation and may include future-oriented financial information or financial outlook information (collectively “forward-looking statements”). Forward-looking statements may generally be identified by the use of forward-looking terminology, including, without limitation, the terms “believes”, “estimates”, “anticipates”, “expects, “predicts”, “intends”, “plans”, “goals”, “targets”, “aims”, “outlook”, “guidance”, “forecasts”, “may”, “will”, “would”, “could” or “should” or, in each case, their negative or other variations or comparable terminology. All statements, other than statements of historical fact, that address circumstances, events, activities or developments that could or may or will occur are forward-looking statements. Forward-looking statements may include, but are not limited to, statements relating to: the strategic vision for the Company; expectations regarding exploration and development potential; production capabilities and future financial or operating performance of the Company, including investment returns; cash flows; share price performance; production and cost guidance; the potential valuation of the Company; obtaining the required regulatory approvals; expectations for the potential development of the Bankan Project; expectations for production capabilities of the Kiniero Project and the Nampala Project; mineral resource expectations; the ability to obtain funding; the anticipated exercise of warrants and options; the potential for inclusion in certain financial market indices; the potential of the Company to meet industry targets, public profile and expectations; the expectations regarding institutional reach and access to capital; and future plans, projections, objectives, estimates and forecasts and the timing related thereto. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which because of their nature may cause the actual results or performance of PDI Gold to be materially different from the results or performance expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding PDI Gold’s present and future operations and the political and economic environment in which PDI Gold will operate in the future and are not guarantees or predictions of future performance. Although PDI Gold believes that such expectations, estimates and forecast outcomes are based on reasonable assumptions, PDI Gold cannot give any assurance that these will be achieved. Such forward-looking statements are based on numerous assumptions regarding PDI Gold’s present and future operations and the political and economic environment in which PDI Gold will operate in the future, including (without limitation) assumptions regarding commodity prices, foreign exchange fluctuations, capital and operating cost estimates, the availability and timing of funding, the timing of development and project schedules, the ability to obtain necessary approvals, licenses and permits, and technical parameters and outcomes. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange fluctuations and general economic conditions, increased costs and demand for production inputs, the speculative nature of exploration and project development, including the risks of obtaining necessary approvals, licenses and permits and diminishing quantities or grades of reserves or resources, political, geopolitical and social risks (including, but not limited to, in Guinea, Ivory Coast, Mali, West Africa more broadly and the Middle East), changes to the legal and regulatory framework within which PDI Gold operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and litigation. Unless stated otherwise, forward-looking statements speak only as at the date of this Investor Presentation or the dates of the relevant project studies or technical reports (as applicable). To the maximum extent permitted by applicable laws, neither PDI Gold nor its related bodies corporate, affiliates and their respective officers, directors, employees, agents and advisers (“Related Parties”), nor any other person, make any representation or give any assurance, guarantee or warranty, express or implied as to, and take no responsibility for and assume no liability for, the authenticity, validity, accuracy, suitability or completeness of, or any errors in, or omissions from, any information, statement or opinion contained in this Investor Presentation (including, without limitation, the achievement or accuracy of any forecasts, projections or other forward-looking statements contained or referred to in this Investor Presentation). Except as required by applicable laws, PDI Gold and its related bodies corporate, affiliates and their respective Related Parties disclaim any obligation to update or revise any forward-looking statement in this Investor Presentation. To the maximum extent permitted by applicable laws, neither PDI Gold nor its related bodies corporate, affiliates and their respective Related Parties, nor any other person, accept any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this Investor Presentation or its contents or otherwise arising in connection with it. Investors should make and rely upon their own enquiries and investigations before deciding to deal in PDI Gold’s securities. To the extent any forward-looking statement in this Investor Presentation constitutes “future-oriented financial information” or “financial outlooks” within the meaning of Canadian securities laws, such information is provided to demonstrate the respective internal projections of PDI Gold and to help readers understand their expected financial results. Readers are cautioned that this information may not be appropriate for any other purpose and readers should not place undue reliance on such information. Future-oriented financial information and financial outlooks, as with forward-looking statements generally, are, without limitation, based on the assumptions, and subject to the risks and uncertainties, described above. Historical Information Information about the past performance of PDI Gold contained in this Investor Presentation is given for illustrative purposes only and cannot be relied upon as an indicator of (and provides no guidance as to) future performance, including future share price performance of the Company. Any such historical information is not represented as being, and is not, indicative of PDI Gold's view on its future financial condition and/or performance. Summary Information By reviewing or retaining these materials, or attending or participating in this Investor Presentation, you acknowledge and represent that you have read, understood and accepted the terms of this “Forward Looking Statements, Disclaimer and Compliance”. This Investor Presentation contains summary information about PDI Gold and its activities current only at the date of this Investor Presentation. This Investor Presentation is for information purposes only and does not constitute an offer. The information in the Investor Presentation is of a general nature only and does not purport to be complete. This Investor Presentation should be read in conjunction with PDI Gold’s periodic and continuous disclosure announcements lodged with the ASX, which are available at www.asx.com.au, and PDI Gold’s public disclosure record in Canada, including documents available at www.sedarplus.ca under PDI Gold’s profile, and on PDI Gold’s website at www.pdigold.com. Certain information in this Investor Presentation may have been obtained from research, surveys or studies conducted by third parties, including industry or general publications. Neither PDI Gold nor its representatives have independently verified any such information sourced from third parties or industry or general publications. Not Investment Advice This Investor Presentation does not constitute in any way an offer or invitation to subscribe for securities in PDI Gold pursuant to the Corporations Act 2001 (Cth), Canadian securities laws or any other applicable securities laws and has not been lodged with the Australian Securities and Investments Commission, any Canadian securities regulatory authority or any other securities regulatory authority. This Investor Presentation does not constitute investment advice and has been prepared by PDI Gold without taking into account the recipient’s investment objectives, financial circumstances or particular needs. Each recipient must make his/her own independent assessment and investigation of PDI Gold and its respective businesses and assets when deciding if an investment is appropriate and should not rely on any statement or the adequacy and accuracy of any information. This Investor Presentation is in summary form and does not propose to be exhaustive. This Investor Presentation should be read in conjunction with PDI Gold’s periodic and continuous disclosure announcements lodged with the ASX, which are available to download at www.asx.com.au. PDI Gold does not make any representation or warranty (either express or implied) as to the accuracy, reliability or completeness of the information in this Investor Presentation. PDI Gold and its directors, employees, agents and consultants shall have no liability (including liability to any person by reason of negligence or negligent misstatement) for any statements, opinions, information or matters (express or implied) arising out of, contained in or derived from, or for any omissions from the Investor Presentation, except liability under statute that cannot be excluded. Not an Offer This Investor Presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscriptionfor, purchase or sale of any security, and neither this Investor Presentation nor anything in it shall form the basis of any contract or commitment whatsoever. This Investor Presentation hasbeen prepared for publication in Australia and Canada and may not be released to United States wire services or distributed in the United States of America. This Investor Presentation does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. Any securities described in this Investor Presentation have not been, and will not be, registered under the US Securities Act of 1933 and may not be offered or sold in the United States except in transactions registered under the US Securities Act or exempt from, or not subject to, the registration requirements of the US Securities Act and applicable US state securities laws. Non IFRS Measures This presentation includes non IFRS measures such as Cash Margin from Operations and AISC. These measures are not defined under IFRS and may not be comparable to those used by other companies. Mineral Resource and Ore Reserve Estimates The Mineral Resource estimates for the NEB and BC projects referred to in this presentation were released to ASX on 7 August 2023 in an announcement by titled “Bankan Mineral Resource Increases to 5.38Moz” and the Mineral Resource estimates in respect of the Fouwagbe and Sounsoun projects were released to the ASX on 23 April 2025 in an announcement titled “Maiden Argo Mineral Resource Estimate of 153koz”. The Ore Reserve estimate in respect of the Bankan GoldProject referred to in this presentation was released to ASX on 25 June 2025 in an announcement by PDI Gold titled “Bankan DFS Confirms Outstanding Project Economics”. These Mineral Resources and Ore Reserves were also included in the announcement titled “Mineral Resources and Ore Reserves Update” dated 28 September 2026. The Mineral Resources and Ore Reserves estimates referred to in this presentation in respect of The Kiniero and Nampala projects were released to ASX in an announcement titled ““Mineral Resources and Ore Reserves Update” dated 28 September 2026. PDI Gold confirms that it is not aware of any new information or data that materially affects the Mineral Resource, Ore Reserve or Mineral Reserve estimates included in the relevant market announcements and all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed noting that PDI Gold intends to appeal the Argo (and Bokoro) revocations announced on 28 May 2025 in accordance with the Mining Code, and that the Argo Inferred Mineral Resources account for just 2.8% of the Bankan Project’s overall Mineral Resource. Production Targets The Production Targets and forecast financial information in respect of the Bankan Gold Project referred to in this presentation were released to the ASX on 25 June 2025 in an announcement by PDI Gold titled “Bankan DFS Confirms Outstanding Project Economics”. The Production Targets and forecast financial information in respect of the Kiniero Gold Project referred to in this presentation were released to ASX on 22 August 2025 in an announcement by Robex titled “Amendment to Kiniero Gold Project Technical Report”, and in respect of the Nampala Project in an ASX announcement by Robex dated 6 May 2025 titled “Replacement Prospectus”. PDI Gold confirms that all the material assumptions underpinning the Production Targets and forecast financial information derived from the Production Targets in the relevant market announcements continue to apply and have not materially changed. JORC Code and CIM Definition Standards The term “Ore Reserve” defined by the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves prepared by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia (“JORC Code”) is equivalent to the term “Mineral Reserve” defined by the CIM Definition Standards for Mineral Resources & Mineral Reserves adopted by the Canadian Institute of Mining,Metallurgy and Petroleum May 19, 2014 (“CIM Definition Standards”). “Inferred Mineral Resources”, “Indicated Mineral Resources” and “Measured Mineral Resources” have thesame meaning under both the JORC Code and CIM Definition Standards. “Proved Ore Reserves” under the JORC Code has the same meaning as “Proven Mineral Reserves” under the CIM Definition Standards, and “Probable Ore Reserves” under the JORC Code has the same meaning as “Probable Mineral Reserves” under the CIM Definition Standards. The JORC Code is an acceptable foreign code under National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Disclaimer No persons other than PDI Gold have authorised or caused the issue, release, submission, distribution or provision of this presentation, or takes any responsibility for, or makes or purports to make, any statements, representations or undertakings in this presentation. PDI Gold, to the maximum extent permitted by applicable law, expressly excludes and disclaims all liability (including, without limitation, any liability arising out of fault or negligence on the part of any person) for any direct, indirect, consequential or contingent loss or damage, or for any costs or expenses, arising from the use of this presentation or its contents or otherwise arising in connection with it or the Transaction. PDI Gold does not make any representations or warranties (express or implied) to you about the Transaction or about the currency, accuracy, reliability or completeness of the information, opinions and conclusions in this presentation (including, without limitation, any financial information, any estimates or projections and any other financial information). By accepting, accessing or reviewing this presentation (or by attending any investor briefing at which this presentation is made), you represent, warrant and agree that you have not relied on any statements made by PDI Gold in this presentation (including in relation to the Transaction) and that you have read and agree to the terms set out above, and you acknowledge that this presentation is for information purposes only, is of a general nature only and does not purport to be complete, and should beread in conjunction with PDI Gold’s periodic and continuous disclosure announcements lodged with the ASX (available at www.asx.com.au) and PDI Gold’s public disclosure recordin Canada (including documents available at www.sedarplus.ca). Authorisation This presentation has been authorised for release by Matthew Wilcox, CEO and Managing Director of PDI Gold.
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com Two producing mines: Kiniero (Guinea) and Nampala (Mali) Tier-1 development project: Bankan (Guinea) 2026 guidance of 198-220koz Targeted production by 2029 of >400kozpa1 10.1Moz Resources2 | incl. 4.8Moz Reserves2 Board & management with track record of developing & operating African gold mines De-risked funding and construction of Bankan 3 PDI Gold Overview Building a leading West African gold producer PDI Gold Overview Building a leading West African gold producer ASX Listing (ASX:PDI) - Grant of Bankan and Mansounia mining permits; awaiting Presidential sign-off - Bankan final investment decision - Bankan optimisation study results - Exploration to increase Resources, Reserves and mine lives - Platform for further growth, leveraging the competitive advantage in mine building Kiniero Gold Mine 139kozpa for 9 yrs1 (2026 guidance of 157-174koz) TSX Listing (TSX:PDI) Kiniero Gold Mine 139kozpa for 9 yrs1 2026 guidance of 157-174koz Bankan Gold Project 250kozpa for 12 yrs1 FID in 2026 post grant of mining permit Nampala Gold Mine 41-46koz for 2026 Extend mine life and/or divest CATALYSTS TO DRIVE FURTHER SHARE PRICE RE -RATE 1. Production based on the Definitive Feasibility Study for the Bankan Gold Project (as released by PDI to ASX on 25 June 2025 t itled “Bankan DFS Confirms Outstanding Project Economics”) and the Kiniero Report (see Robex’s ASX announcement titled “Amendmen t to Kiniero Gold Project Technical Report” dated 22 August 2025). Refer to “Forward Looking Statements and Important Notice” on slide 2 2. Total Mineral Resources include 4.8Moz of Mineral Reserves, 2.1Moz of Measured and Indicated Mineral Resources which are excl usive of Mineral Reserves, and 3.2Moz of Inferred Mineral Resources; Refer to Appendix slides 21 and 22 for further details Awale Resources (Odienne Project) 11.6% shareholding in Awale 1.7Moz AuEq. in JV (Newmont earning 75%)
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com 4 Track Record of Project Execution The team has successfully completed many gold developments in West Africa Track Record of Project Execution The team has successfully completed many gold developments in West Africa 2013 2015 2016 2018 2020 2023 2025 Bissa (Burkina Faso) Lefa1 (Guinea) Bouly (Burkina Faso) Gross (Russia) Sanbrado (Burkina Faso) Abujar (Côte d’Ivoire) Kiniero (Guinea) Kiniero, Processing Plant Kiniero, Sabali South Pit Kiniero, Primary Crusher Source: Company filings 1. Matthew Wilcox was General Manager for the LEFA Gold Mine and not responsible for the construction
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com 5 Corporate Overview US$3.2Bn gold company with a strong financial platform and high-quality institutional shareholder base Corporate Overview US$3.2Bn gold company with a strong financial platform and high -quality institutional shareholder base 988m 32m 1,020m A$4.63 A$4.6Bn | US$3.2Bn A$189m | US$130m A$528m | US$364m CAPITALISATION 1, 2 Ordinary Shares Outstanding Unlisted Options/Warrants/Performance Rights Fully-Diluted Shares Outstanding Share Price (25-Sep-26) Undiluted Market Capitalisation Debt (30-Jun-26) Cash & Bullion (30-Jun-26) SELECTED INSTITUTIONAL SHAREHOLDERS SHARE PRICE PERFORMANCE RESEARCH COVERAGE $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000 $8,000 $9,000 $10,000 $11,000 $0.00 $0.50 $1.00 $1.50 $2.00 $2.50 $3.00 $3.50 $4.00 $4.50 $5.00 $5.50 Jul-24 Oct-24 Jan-25 Apr-25 Jul-25 Oct-25 Jan-26 Apr-26 Jul-26 PDI GDXJ (Indexed to PDI) Gold Price Share Price (A$) Gold Price (US$/oz) 1. Debt and cash US dollar amounts based on AUD:USD exchange rate of 0.689 as at 30 -Jun-26. Market capitalisation US dollar amounts based on AUD:USD exchange rate of 0.7019 as at 25 -Sep-26 2. Cash includes US$80M of restricted cash held in a liquidity reserve account and bullion of 22,444oz
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com 6 June 2026 Quarter Highlights1 Operational momentum continues: Kiniero delivered increased production and strengthened cash generation June 2026 Quarter Highlights1 Operational momentum continues: Kiniero delivered increased production and strengthened cash generation VISION PRODUCTION 64koz Gold poured AISC2 US$1,408/oz Kiniero standalone AISC of US$1,254/oz MERGER COMPLETE Robex and PDI merger closed on 15 April 2026 and capital gains agreed4 CASH AND BULLION US$364M Cash and bullion balance3 DIVERSIFY Strategic investment for 11.6% of Awalé Resources (post quarter-end) SALES 49koz Gold sales 1. All figures in this presentation are unaudited. Amounts may not sum due to rounding 2. Group AISC of US$1,408/oz, comprising Kiniero at US$1,254/oz and Nampala at US$1,974/oz 3. Includes US$80M of restricted cash held in a liquidity reserve account and bullion of 22,444oz 4. US$13.8M of Capital Gains and Duties assessed by the Government of Guinea in connection with the merger
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com June 2026 Quarter Peer Comparison PDI Gold’s all-in sustaining cost (AISC) is industry-leading compared to West African peers June 2026 Quarter Peer Comparison PDI Gold’s all -in sustaining cost (AISC) is industry -leading compared to West African peers 7 JUN-26 QUARTER PRODUCTION (koz Au Eq.) JUN-26 QUARTER AISC (US$/oz Au Eq.) $2,484 $2,418 $2,278 $2,192 $2,159 $1,941 $1,907 $1,765 $1,730 $1,408 Asante Resolute Galliano Orezone (Bombore) Allied Gold B2Gold (Fekola/Otjikoto) Perseus Endeavour Fortuna (Seguela) West African PDI Gold $4,281 283 140 125 112 97 64 57 45 42 38 34 Endeavour B2Gold (Fekola/Otjikoto) West African Perseus Allied Gold PDI Gold Asante Resolute Fortuna (Seguela) Orezone (Bombore) Galliano Source: Company public filings. Refer to “Sources for June 2026 Quarter Peer Comparison” slide in the Appendix
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com 8 Kiniero Gold Mine (Guinea) Low-cost gold mine with strong production profile and significant growth potential 1. Refer to PDI Gold ASX announcement titled “Mineral Resources and Ore Reserves Update” dated 28 September 2026. Indicated Mine ral Resources are inclusive of Mineral Reserves 2. Refer to Robex ASX announcement titled “Amendment to Kiniero Gold Project Technical Report” dated 22 August 2025 Large resource with significant exploration upside potential 1.8Moz 55.6Mt @ 0.99g/t 2.5Moz 80.3Mt @ 0.96g/t Probable Mineral Reserve1 Indicated Mineral Resource1 Inferred Mineral Resource1 1.8Moz 66.0Mt @ 0.85g/t ~139koz 9-year avg. annual gold production over a Strong LOM production profile - Conventional open pit mining - 6Mtpa CIL processing plant First gold pour achieved in Dec 2025 & commercial production in Feb 2026 mine life2 157-174koz gold poured 2026 guidance On-track to achieve 2026 guidance all-in sustaining costs US$1,100- 1,300/oz
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com 9 Kiniero Operations Update Exceeding nameplate capacity; on-track to meet 2026 guidance Kiniero Operations Update Exceeding nameplate capacity; on -track to meet 2026 guidance KEY METRICS MONTHLY ORE PROCESSED & AVERAGE THROUGHPUT RATES 80% 82% 84% 86% 88% 90% 92% - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Recovery (%)Ore Processed (dmt) Ore Processed Nameplate 6Mtpa Recovery Units Dec-25 Quarter Mar-26 Quarter Jun-26 Quarter Ore Mined Mt 1.1 2.1 2.2 Total Material Mined Mt 2.3 5.1 4.4 Stripping Ratio t:t 1.1 1.4 1.0 Ore Processed Mt 0.13 1.6 2.2 Head Grade g/t 0.96 0.87 0.86 Recovery % 80.0 90.1 90.5 Gold Poured oz 790 38,178 54,252 All-in Sustaining Costs US$/oz not reported 1,043 1,254
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com 10 Kiniero Exploration Resource Growth Systematic brownfields expansion and greenfields drilling to extend mine life and support long-term production growth Kiniero Exploration & Resource Growth Systematic brownfields expansion and greenfields drilling to extend mine life and support long -term production growth Exploration Strategy & 2026 Programs Gobele Cluster Zone C West Balan / Farabana Northern Targets – Historical mining of the oxide open pits by previous owners at >3g/t – 2026 program targeting oxide extensions as well as high-grade shoots that extend into fresh rock – Near-mine, shallow oxide targets with existing drilling – 2026 program to infill and extend drill patterns to support Mineral Resource estimation – Potential for these targets to join up over time as one contiguous deposit – Drilling at the greenfields targets of Mankan, Filon Bleu, Filon Boni and Heriko – Improve geological and structural understanding; advance towards maiden Inferred Resource estimates – District-scale exploration combining brownfields expansion with greenfields discovery – Near-term free dig oxide resources underpinned by a large primary sulphide system – 133,000m planned across ~1,500 holes; 72% RC, 10% diamond, 18% auger / AC – Near-mine, shallow oxide target with existing drilling – 2026 program to infill and extend drill patterns to support Mineral Resource estimation
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com 11 Bankan Gold Project (Guinea) PDI Gold’s growth engine and one of Africa’s largest undeveloped gold projects Bankan Gold Project (Guinea) PDI Gold’s growth engine and one of Africa’s largest undeveloped gold projects Source: PDI ASX announcement titled “Bankan DFS Confirms Outstanding Project Economics” dated 25 June 2025 1. Inclusive of Ore Reserves. The Argo permit hosts 153koz of the 5.53Moz mineral resource in the Fouwagbe and Sounsoun deposits . PDI intends to appeal the Argo and Bokoro revocations announced on 28 May 2025 in accordance with the Mining Code. Refer to PD I ASX release “Argo and Bokoro Exploration Permits Update” dated 28 May 2025 Significant reserves & resources 2.95Moz 51.6Mt @ 1.78g/t 5.53Moz 103.6Mt @ 1.66g/t Ore Reserve Mineral Resource1 Excellent exploration upside potential ~250kozpa avg. gold production over a 12-year mine life Exceptional production profile - Conventional open pit and underground mining - 4.5Mtpa CIL processing plant; 92.8% LOM ave recovery One of the largest & most advanced gold development projects in Africa Competitive capex & opex US$463m US$1,057/oz LOM average AISC pre-production capex
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com 12 Bankan Update Approaching construction-ready pending award of the mining permit Bankan Update Approaching construction -ready pending award of the mining permit - Permitting at the final stage: mining permit application awaiting final sign-off. PDI Gold is engaging constructively with the Government of Guinea regarding Bankan’s significant economic and community benefits - Advancing execution readiness and engineering: Process plant FEED completed, detailed engineering activities advancing across processing, power and site infrastructure - Building procurement momentum: Major contracts awarded for the 40MW power station, grinding circuit and TSF design, with long-lead equipment procurement progressing - Optimisation studies progressing: Optimisation of process plant design, DFS mine designs (see right) and DFS mining schedule underway. On-track to release the optimised execution and operating plan for Bankan in Q4 2026 - Maintaining capital discipline: No increase currently anticipated to the US$463M DFS capital estimate, with initiatives underway to optimise upfront capital requirements - PDI Gold’s next growth platform: Bankan is one of West Africa's largest undeveloped gold projects and expected to underpin PDI Gold's next growth phase alongside Kiniero NEB Open Pit Ore Reserves 1,738koz @ 1.36g/t Open at depth (24m @ 5.5g/t from 850m in deepest hole BNERD0113) GBE Ore Reserves 13koz @ 0.73g/t NEB Underground Ore Reserve Stopes 1,002koz @ 3.95g/t NEB Underground Inferred Resource Stopes 307koz @ 3.30g/t Portal Return Air Raise Return Air Drive Decline Exploration Drive 250m 250m 200m NEB AND GBE DEPOSITS – DFS DESIGNS
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com Bankan Exploration Upside Potential for multiple satellite deposits to be defined over time to support production profile and mine life Bankan Exploration Upside Potential for multiple satellite deposits to be defined over time to support production profile and mine life 13 - Previous drilling results confirm the extent of gold mineralisation in the NEB and BC area - Excellent potential for near-surface oxide deposits to be defined - Drilling to recommence in late 2026 or early 2027 - NEB remains open at depth beneath the current underground resource – longer term opportunity
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com GOLD PRODUCTION (KOZ AU)NAMPALA OPERATIONS Location Mali Ownership 80% PDI Gold / 20% Mali government Type Conventional Open Pit Mining Plant 3 Mtpa Gravity & CIL Processing Plant Ore Reserves 65koz @ 0.54g/t1 37 45 56 50 47 47 52 47 45 0 10 20 30 40 50 60 2017A 2018A 2019A 2020A 2021A 2022A 2023A 2024A 2025A 2026E 41-46 14 Nampala Gold Mine (Mali) Established producer delivering stable output and monthly free cash flow Nampala Gold Mine (Mali) Established producer delivering stable output and monthly free cash flow - Located in southern Mali within the Leo-Man Shield of the West Africa Craton - Constructive relationship with the Mali gov’t; Mining Convention signed February 2025 41-46koz US$2-3m 2026 production guidance Typically generates cash flow per month; current gold price amplifying margins Near-mine and regional exploration provide potential to extend mine life beyond 2026 1. Refer to PDI Gold ASX announcement titled “Mineral Resources and Ore Reserves Update” dated 28 September 2026
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com 15 - US$10M for an 11.6% strategic shareholding in Awalé Resources (TSXV: ARIC) - Emerging gold (and copper) exploration and development company with significant growth potential - Investor rights agreement provides PDI Gold with anti-dilution protection and information rights; joint technical advisory committee to be formed - Strategic investment funded by cash on hand, with no impact on funding for the future development of Bankan ABOUT AWALÉ - Odienne Project is a large 2,346km2 landholding in north-west Cote d’Ivoire, on the same craton scale structural trend as PDI Gold’s Kiniero and Bankan assets - Odienne East and Odienne West exploration permits (797km2) held in the Awalé-Newmont JV (Newmont earning 75%). Sole-funded by Newmont; managed by Awalé - Inferred Mineral Resource1 of 32.4Mt @ 1.64g/t AuEq. For 1.71Moz AuEq. - Drilling ongoing to expand and upgrade the maiden Mineral Resource and test additional targets - Initial technical, economic, environmental and social studies have commenced. - Awalé’s 100%-owned exploration permits and applications host multiple untested and early-stage targets, providing district-scale growth potential Awalé Resources 11.6% Strategic Shareholding Exposure to an emerging gold exploration and development company in Cote d’Ivoire Deposit Category Type Tonnes (Mt) Grade Contained Metal AuEq. (g/t) Au (g/t) Cu (%) AuEq. (koz) Au (koz) Cu (kt) BBM Inferred Open Pit 21.5 1.37 1.03 0.32 947 714 68 Inferred Underground 6.3 2.01 1.60 0.39 409 325 25 Inferred Combined 27.8 1.52 1.16 0.33 1,356 1,039 93 Charger Inferred Underground 1.6 4.64 4.62 0.02 232 231 0.4 Empire Inferred Open Pit 3.0 1.23 1.23 - 119 119 - Total Inferred Combined 32.4 1.64 1.33 0.33 1,707 1,389 93 MAIDEN ODIENNE PROJECT MINERAL RESOURCE ESTIMATE 1 1. For full details of the Mineral Resource estimate, including detailed assumptions and methodology, refer to Awalé’s news rele ase dated 19 May 2026 and NI 43-101 Technical Report dated 3 July 2026, which are available on Awalé’s website at www.awaleresource s.com and Awalé’s SEDAR+ profile at www.sedarplus.ca
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com 16 Sustainability Developing and operating our assets for the benefit of all stakeholders Sustainability Developing and operating our assets for the benefit of all stakeholders Host country benefitsSignificant current & future employer in our host countries 330 direct employees 630 contract employees 97% from Mali NAMPALA 650 direct employees 1,450 contract employees 91% from Guinea KINIERO BANKAN ~2,000 future construction jobs ~1,000 ongoing operating jobs Strong safety culture & performance 0.12LTIFR of and TRIFR of 1.76 per million manhours (as at 30-Jun-26) Social & environmental projects - Targeted voluntary investment in addition to local development fund contributions - Community & social projects focused on livelihood restoration, education, health, access to water and sports, culture & youth - Environmental projects focused on plant nurseries, reforestation, support for the Upper Niger national park Significant contribution to gov’t revenues through equity dividends, taxes, royalties & local development fund contributions - Development of industries through local contracting - Flow-on employment & economic benefits Kiniero & Bankan to generate >US$5Bn1 based on current reserves 1. Forecast Guinea government direct revenues (equity dividends, corporate taxes, royalties, local development fund contribution s) at a gold price of US$4,500/oz
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com Achieve production & cost guidance Kiniero: 157,000 – 174,000oz @ US$1,100 – 1,300/oz AISC Nampala: 41,000 – 46,000oz @ US$2,000 – 2,200/oz AISC Mining permits granted for Bankan and Mansounia Bankan construction underway, following grant of mining permit, optimisation studies and final investment decision Exploration success at Kiniero, Nampala and Bankan to increase Resources/Reserves and extend mine life Growth: develop pipeline asset opportunities to leverage competitive advantage in mine building 17 2026 Objectives A transformational year for PDI Gold 2026 Objectives A transformational year for PDI Gold
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pdigold.com ASX: PDI | TSX: PDI APPENDIX
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com 19 Board Management Experienced leadership team with proven track-record of building operating mines in Africa, including Guinea Board & Management Experienced leadership team with proven track -record of building & operating mines in Africa, including Guinea BOARD MANAGEMENT Kiniero, Processing Plant Clinton Bennett Chief Operating Officer Extensive operational and metallurgical experience across international mining operations Previous roles include COO of Tietto and GM of Endeavour’s Ity gold mine Dimitrios Felekis Chief Development Officer 20+ years of development and design experience, focused on West Africa Responsible for Kiniero’s construction and worked on the Abujar, Bissa and Agbaou projects Ross McLean Chief Financial Officer 15+ years experience in mining and energy finance in Africa and Australia Previous roles include General Manager of Finance for Robex and Finance and Administration Director for Assala Energy in Gabon Justin Rivers Chief Exploration Officer Extensive experience in exploration and resource development Previous roles include Head of Geology at Lithium Universe, CEO of Convertible Resources and Group Chief Geologist at London Mining Associates Gwendal Bonno Chief Human Resources Officer Extensive international HR experience in the natural resources sector Previously held senior roles with Assala Energy, Nordgold, ArcelorMittal Mining and Eramet Alain William Executive Director, Chief Legal & Government Relations Officer 25+ years of capital markets experience CFO of Robex prior to the merger Former metals and mining analyst with IXIS Securities, ING, Société Générale, Natixis and Oddo Steven Michael Non-Executive Director 25+ years of professional and corporate experience Senior roles with Rothschild, Macquarie, RBC and FTI Consulting Former MD of Red Hawk and Vimy, and Exec Director of Deep Yellow Simon Jackson Lead Independent Non-Executive Director Chartered accountant with 25+ years of experience in the management of resource companies, particularly in Africa, including Red Back Mining, Orca Gold and Resolute Mining Alberto Lavandeira Non-Executive Director Mining engineer with 40+ years of experience Currently CEO and board member at Atalaya Mining Previous CEO and COO of Rio Narcea Gold Mines Howard Golden Non-Executive Director Mining executive with 40+ years of global experience; Led major projects at Syama, Oyu Tolgoi, Agbaou, West Musgrave, and served as Exploration GM at Rio Tinto Andrew Pardey Non-Executive Chairman Geologist with 30+ years of experience Former CEO of Centamin where he led construction and operation of the Tier-1 Sukari gold mine Held senior management roles at the Siguiri and Lefa gold mines in Guinea Matthew Wilcox CEO & Managing Director Experienced mining professional with a strong track record of building mines in West Africa Responsible for building Kiniero, Abujar, Sanbrado, Bissa and Bouly, and former GM of the Lefa gold mine in Guinea
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com Ore Reserve Mineral Resource Changes1,2 Ore Reserve & Mineral Resource Changes1,2 20 PDI ORE RESERVES – 25-JUN-25 TO 30-JUN-26 (koz) 1. Refer to PDI Gold ASX announcement titled “Mineral Resources and Ore Reserves Update” dated 28 September 2026. Indicated Mine ral Resources are inclusive of Mineral Reserves 2. Bankan Ore Reserves and Mineral Resources unchanged since last reported at 25 June 2025 2,953 1,536 -199 199 278 25 4,792 25-Jun-25 Ore Reserves Acquisition Depletion Model Updates Economic Factors Stockpile Changes 30-Jun-26 Ore Reserves 0 1,000 2,000 3,000 4,000 5,000 6,000 3,730 -166 272 417 25 4,279 30-Nov-24 Mineral Resources Depletion Model Updates Economic Factors Stockpile Changes 30-Jun-26 Mineral Resources 0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000 4,500 5,000 261 -94 21 110 0 298 30-Sep-24 Mineral Resources Depletion Model Updates Economic Factors Stockpile Changes 30-Jun-26 Mineral Resources 0 50 100 150 200 250 300 350 1,415 -105 191 248 25 1,774 30-Nov-24 Ore Reserves Depletion Model Updates Economic Factors Stockpile Changes 30-Jun-26 Ore Reserves 0 200 400 600 800 1,000 1,200 1,400 1,600 1,800 2,000 121 -94 8 30 0 65 30-Sep-24 Ore Reserves Depletion Model Updates Economic Factors Stockpile Changes 30-Jun-26 Ore Reserves 0 20 40 60 80 100 120 140 5,528 3,991 -260 293 527 25 10,106 25-Jun-25 Mineral Resources Acquisition Depletion Model Updates Economic Factors Stockpile Changes 30-Jun-26 Mineral Resources 0 2,000 4,000 6,000 8,000 10,000 12,000 PDI MINERAL RESOURCES – 25-JUN-25 TO 30-JUN-26 (koz) KINIERO ORE RESERVES – 30-NOV-24 TO 30-JUN-26 (koz) NAMPALA ORE RESERVES – 30-SEP-24 TO 30-JUN-26 (koz) KINIERO MINERAL RESOURCES – 30-NOV-24 TO 30-JUN-26 (koz) NAMPALA MINERAL RESOURCES – 30-SEP-24 TO 30-JUN-26 (koz)
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com Deposit Tonnage (Mt) Gold Grade (g/t Au) Contained (Moz Au) Probable Nampala Complex 3.2 0.55 0.06 Stockpiles 0.6 0.50 0.01 Total 3.7 0.54 0.06 Indicated Nampala Complex 11.5 0.68 0.25 Stockpiles 0.6 0.50 0.01 Total 12.0 0.67 0.26 Inferred Nampala Complex 1.9 0.64 0.04 Stockpiles - - - Total 1.9 0.64 0.04 Deposit Tonnage (Mt) Gold Grade (g/t Au) Contained (Moz Au) Probable SGA 10.9 1.28 0.45 SGD 5.0 1.38 0.22 Jean 4.0 1.85 0.24 Sabali South 5.4 0.94 0.17 Sabali North & Central 3.1 0.98 0.10 Mansounia Central 19.5 0.77 0.48 Stockpiles 7.7 0.49 0.12 Total 55.6 0.99 1.77 Indicated SGA & SGD 17.3 1.38 0.77 Jean 4.1 2.01 0.26 Sabali South 7.9 0.98 0.25 Sabali North & Central 3.7 1.18 0.14 West Balan 3.7 1.36 0.16 Banfara 1.1 0.94 0.03 Mansounia Central 29.3 0.72 0.68 Stockpiles 13.1 0.39 0.16 Total 80.3 0.96 2.47 Inferred SGA & SGD 9.5 1.06 0.32 Jean 3.8 1.14 0.14 Sabali South 4.1 1.05 0.14 Sabali North & Central 0.9 1.41 0.04 West Balan 2.9 1.28 0.12 Banfara 1.0 1.32 0.04 Mansounia Central 43.6 0.71 1.00 Stockpiles 0.2 1.31 0.01 Total 66.0 0.85 1.81 Ore Reserves Mineral Resources Ore Reserves & Mineral Resources 21 KINIERO 1,2,3 NAMPALA 4,5,6 1. Refer to PDI Gold ASX announcement titled “Mineral Resources and Ore Reserves Update” dated 28 September 2026. Mineral Resour ces and Ore Reserves as at 30 June 2026 2. Resource cut-off grade (at US$2,600/oz): SGA & SGD, Jean, Banfara and West Balan: laterite 0.3 g/t Au, saprolite (oxide) 0.3 g/t Au, saprock (transition) 0.3 g/t Au, fresh 0.3 g/t Au; Sabali South: laterite 0.3 g/t Au, saprolite (oxide) 0.3 g/t Au, saprock (transition) 0.5 g/t Au, fresh 0.5 g/t Au; Sabali North & Central: laterite 0.3 g/t Au, saprolite (oxide) 0.3 g/t Au, saprock (transition) 0.5 g/t Au, fresh 0.4 g/t Au; Mansounia Central: laterite 0.3 g/t Au, saprolite (oxide) 0.3 g/t Au, saprock (transition) 0.4 g/t Au, fresh 0.4 g/t Au; Stockpiles rep orted as Mineral Resources have been limited to those dumps which exhibit an average grade >0.3 g/t Au for the entire stockpile assuming no selectivity 3. Reserve cut-off grade (at US$2,200/oz): variable break -even cut-offs, varying from 0.33 -0.63 g/t Au as generated by process dest ination, rock type and metallurgical recoveries 4. Refer to PDI Gold ASX announcement titled “Mineral Resources and Ore Reserves Update” dated 28 September 2026 5. Resource cut-off grade (at US$3,400/oz): oxide (laterite, mottled zone, saprolite) 0.22 g/t Au, transition (upper saprock, lower saprock) 0.26 g/t Au, fresh (fresh rock) 1.21 g/t Au 6. Reserve cut-off grade (at US$3,000/oz): oxide 0.25 g/t Au, transition 0.30 g/t Au
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com Ore Reserves Mineral Resources continued Ore Reserves & Mineral Resources continued 22 BANKAN ORE RESERVES 1,2 BANKAN MINERAL RESOURCES 1,3 1. Refer to PDI Gold ASX announcement titled “Mineral Resources and Ore Reserves Update” dated 28 September 2026. Mineral Resour ces and Ore Reserves as at 30 June 2026 (unchanged since last estimates for Ore Reserves as at 25 June 2025, NEB & BC Mineral Resources as at 7 August 2023 and Fouwagbe & Sounsoun Mineral Resources as at 23 April 2025) 2. Reserve cut-off (at US$1,800/oz): open pit 0.38-0.48 g/t Au, underground 2.0 g/t Au 3. Resource cut-off for NEB and BC (at US$1,800/oz): NEB open pit 0.5 g/t Au, NEB underground 2.0 g/t Au, BC open pit 0.4 g/t Au; R esource cut-off grade for Fouwagbe and Sounsoun (at US$2,300/oz): 0.5 g/t Au 4. In relation to the Fouwagbe and Sounsoun deposits, PDI intends to appeal the Argo and Bokoro revocations announced on 28 May 2025 in accordance with the Mining Code. Refer to PDI ASX release “Argo and Bokoro Exploration Permits Update” dated 28 May 2025 Deposit Tonnage (Mt) Gold Grade (g/t Au) Contained (Moz Au) Probable Open Pit NEB 40.2 1.36 1.75 BC 3.5 1.78 0.20 Open Pit Total 43.7 1.39 1.95 Underground NEB 7.9 3.95 1.00 Underground Total 7.9 3.95 1.00 Total 51.6 1.78 2.95 Deposit Tonnage (Mt) Gold Grade (g/t Au) Contained (Moz Au) Indicated Open Pit NEB 78.4 1.55 3.90 BC 5.3 1.42 0.24 Fouwagbe4 - - - Sounsoun4 - - - Open Pit Total 83.7 1.54 4.14 Underground NEB - - - Underground Total - - - Total 83.7 1.54 4.14 Inferred Open Pit NEB 3.1 0.91 0.09 BC 6.9 1.09 0.24 Fouwagbe4 2.2 1.68 0.12 Sounsoun4 0.9 1.19 0.03 Open Pit Total 13.1 1.15 0.49 Underground NEB 6.8 4.07 0.90 Underground Total 6.8 4.07 0.90 Total 19.9 2.16 1.38
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PDI GOLD LIMITED ASX: PDI | TSX: PDI | pdigold.com Sources for June 2026 Quarter Peer Comparison Sources for June 2026 Quarter Peer Comparison 23 Company Mines June 2026 Quarter Production (koz) June 2026 Quarter AISC (US/oz) Document Source Allied Gold All 97.4 2,192 https://alliedgold.com/investor-relations/investor-news/news-details/2026/Allied-Gold-Reports-Q2-2026-Results-Nears- Kurmuk-Start-Up-and-Strengthens-Financial-Position/default.aspx Asante All 57.3 4,281 https://www.asantegold.com/news-releases/asante-reports-q2-h1-2026-operating-financial-results B2Gold Fekola and Otjikoto only 139.7 2,159 https://www.b2gold.com/news-media/news-releases/news-details/2026/B2Gold-Reports-Q2-2026-Results-Strong- Operating-Performance-at-the-Fekola-Masbate-and-Otjikoto-Mines-led-to-Higher-than-Expected-Gold-Production-and- Lower-than-Expected-All-In-Sustaining-Costs-Menankoto-Exploitation-Permit-Expected-to-be-Issued-in-th/default.aspx Endeavour All 283.0 1,907 https://www.endeavourmining.com/news-and-media/news/endeavour-reports-strong-h1-2026-results/ Fortuna Seguela only 41.7 1,765 https://fortunamining.com/news/fortuna-reports-results-for-the-second-quarter-2026/ Galliano All 34.4 2,418 https://galianogold.com/news/news/news-details/2026/Galiano-Gold-Reports-Second-Quarter-2026- Results/default.aspx Orezone Bombore only 38.1 2,278 https://orezone.com/press-releases/orezone-gold-reports-second-quarter-2026-results/ Perseus All 112.1 1,941 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03115596-6A1336123&v=undefined Resolute All 45.2 2,484 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03115677-6A1336172&v=undefined West African All 125.2 1,730 https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03115056-6A1335841&v=undefined
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pdigold.com ASX: PDI | TSX: PDI FOR FURTHER INFORMATION PLEASE CONTACT INVESTOR ENQUIRIES: MATTHEW WILCOX CEO & Managing Director T +61 8 9216 1000 E info@pdigold.com MEDIA ENQUIRIES: NATHAN RYAN NWR Communications T +61 420 582 887 E nathan.ryan@nwrcommunications.com.au