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25 Sep 2025 Sustainability Report 2025

Ora Banda Mining Ltd · OBM document official 2025-09-25

This long-term potential of its high-grade assets. strong performance has contributed to increased By extending mine life, increasing production, market capitalisation, bolstered investor and investing in exploration within its existing confidence, and enhanced the Company’s ability tenement package, the approach is focused on to access capital if required. generating stakeholder value.

Briefing

This long-term potential of its high-grade assets. strong performance has contributed to increased By extending mine life, increasing production, market capitalisation, bolstered investor and investing in exploration within its existing confidence, and enhanced the Company’s ability tenement package, the approach is focused on to access capital if required. generating stakeholder value. Key points: This long-term potential of its high-grade assets. strong performance has contributed to increased By extending mine life, increasing production, market capitalisation, bolstered investor and investing in exploration wit; A sustained focus on cost optimisation has driven margin improvement, FY26 will see continued disciplined investment with economies of scale supporting competitive of $86 million in mine development and all-in sustaining; For towards exploration and resource development, further information on the Company’s operational focussed on extending mine life of the Riverina and financial results, it is recommended to read and Sand King Undergroun; The Company is pursuing its “DRIVE to 150” strategy and is well placed to achieve this with a strong financial position, expanded exploration programs to extend mine life, and a commitment to sustainable, long-term growt; Figure 9: Ora Banda's AASB S2 Compliance Roadmap 2025 Sustainability Report 59 Appendices 60 Ora Banda Mining Glossary AASB S2 Australian Sustainability Reporting Standards AASB S2 Climate-related Disclosures AISC All-in; Ora Banda operates a 1.2 million tonne per annum conventional carbon-in- pulp processing facility, supported by extensive infrastructure and quality operations, including the Riverina and Sand King underground mines. This brief is based on the cited source artifact and is intended as a research entry point, not a replacement for the original source or EGM canonical data tables.

Source Notes

This long-term potential of its high-grade assets. strong performance has contributed to increased By extending mine life, increasing production, market capitalisation, bolstered...

Extractive summary evidence · source

A sustained focus on cost optimisation has driven margin improvement, FY26 will see continued disciplined investment with economies of scale supporting competitive...

Extractive summary evidence 2 · source

For towards exploration and resource development, further information on the Company’s operational focussed on extending mine life of the Riverina and financial...

Extractive summary evidence 3 · source

The Company is pursuing its “DRIVE to 150” strategy and is well placed to achieve this with a strong financial position, expanded...

Extractive summary evidence 4 · source

Extracted Document Text

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# 25 Sep 2025 Sustainability Report 2025

Source: https://orabandamining.com.au/wp-content/uploads/2025/11/295346020202520Sustainability20Report.pdf
Published: 2025-09-25T00:00:00+00:00
Fetched: 2026-05-12T15:22:37.135+00:00
Source artifact: f6fc874d-4999-44cf-b7af-3c196d0d6b4b
Normalizer input: text

## Content

# 25 Sep 2025 Sustainability Report 2025
2025
Sustainability
Report
About this Report
What the Report covers
The Report covers the reporting period of Financial Year 2025 (FY25) being 1 July 2024 to 30 June 2025 and
outlines our approach, performance and initiatives across our corporate and operational facilities and
activities in Australia. It is intended for all stakeholders.
It is recommended to read this Sustainability Report in conjunction with Ora Banda’s 2025 Annual Report.
This Report has been prepared with reference to the Global Reporting Initiative Sustainability Standards
(GRI) and the Sustainability Accounting Standards Board (SASB) Standards. At this stage, Ora Banda
is neither required to, nor has it sought, external assurance for this Report or its components. The
Company acknowledges the recent introduction of the Australian Sustainability Reporting Standard
climate-related disclosure (AASB S2) and its assurance requirements and has taken steps in readiness
for compliance when required.
References in this Report
Unless otherwise specified, the information presented applies to Ora Banda Mining Ltd ACN 100 038 266
and its subsidiaries in its entirety. References throughout this Report to ‘Ora Banda’, ‘OBM’, ‘the Company’,
‘we’, ‘us’ and ‘our’ refer to Ora Banda Mining Ltd and its subsidiaries. All financial figures are expressed in
Australian dollars (AUD).
Feedback
Ora Banda is committed to continuous improvement in its ESG performance and sustainability journey.
We welcome feedback from stakeholders on this Report, our sustainability initiatives, or our overall ESG
approach. Comments and suggestions can be directed to admin@obmltd.com.au.
2 Ora Banda Mining
Contents
About Us 4
About
Ora Banda Mining
FY25 Sustainability Performance 10
From the Sustainability Committee Chair 12
Ora Banda is a Western Australian
From the Managing Director and CEO 14
gold producer operating the
100%-owned Davyhurst Gold
Sustainability at Ora Banda 16 Project in the eastern goldfields.
Our operations are guided by our
Materiality Assessment 18
core values, with a focus on safety,
Reporting Approach 19 operational excellence, responsible
resource development and
Sustainability Governance 20
transparent communication to grow
our gold production and deliver
Our Focus Areas 24 long-term value for stakeholders.
People and Community 25
Safety, Security and Wellbeing 25
Workplace Culture 36
Diversity, Equity and Inclusion 37
Community 38
Environmental Responsibility 40
Tailings Management 40
Water Management 44
Land Rehabilitation 45
Waste and Hazardous Materials 48
Energy Efficiency and Emissions Management 52
Ethics, Governance and Compliance 54
Sustainable Value Management 55
Ethical Behaviour 56
Legal Compliance 58
Appendices 60
GRI Content Index 62
SASB Content Index -Metals and Mining 64
2025 Sustainability Report 3
About Us
Our Why
Ore-some Rocks,
Awesome People –
working together to
explore, develop
and deliver
Our Aspiration
Creating value, safely
and sustainably –
building a premier
gold business.
4 Ora Banda Mining
Our Values
Team with a   Zero
Winning Mindset Harm
› Plan to win-targets  are › Safety embedded in
known and  achieved all that  we do
› Every Person  important › Risks assessed  and
to Team  success actively  managed
› Every Person  accountable › Sustainable  environmental
for their  actions  performance
Accept the Challenge   Pursue  Solutions
to Create Value with  Intent
› Develop our  people to › Communication  positive
make a  difference and  respectful
› Achieve top  10% of › Empowered  workforce that
industry  performance  keeps improving
› Mediocrity  is › Systems of  work support
unacceptable high  performance
2025 Sustainability Report 5
Our History
2020
Davyhurst Gold Project
DFS completed -
confirming strong
returns for re-start
Financial Year
2019 2021
Recapitalised Recommenced
and renamed open pit mining at
Ora Banda Riverina and Missouri
Mining Ltd and Golden Eagle
Underground mine
Process plant
successfully
recommissioned
First gold poured
6 Ora Banda Mining
2025
First ore from
Sand King
2023 Underground
mine
Change in strategy
from lower-grade New record
open pit mining set for gold
to high-grade production of
underground 92.4koz - 32%
mining increase on
FY24
Commenced
underground Climate
mining at Riverina Readiness
Underground Assessment
mine and Climate
Change Analysis
New core values completed
established
Record revenue
ESG materiality of $404.3 million
assessment (FY24: $214.2
completed million)
2024
First ore from
Riverina
Underground mine
Commenced
underground
mining at Sand King
Underground mine
Record ounces
produced 69.9oz up
46% on FY23
Established
Sustainability
Committee
Regional Heritage
Protection
Agreement signed
with the Marlinyu
Ghoorlie Group
2025 Sustainability Report 7
Our Projects
Ora Banda’s Davyhurst Gold Project is located approximately 120 kilometres
north-west of Kalgoorlie, within the gold mining province of the eastern goldfields
in Western Australia.
The large land holding contains 67 granted tenements over 1,135km (Figure 1). The tenement area
covers the convergence of two regionally significant deep-seated structures, known as the Zuleika
Shear and the Ida Fault. Ora Banda operates a 1.2 million tonne per annum conventional carbon-in-
pulp processing facility, supported by extensive infrastructure and quality operations, including the
Riverina and Sand King underground mines.
The Company is pursuing its “DRIVE to 150” strategy and is well placed to achieve this with a
strong financial position, expanded exploration programs to extend mine life, and a commitment
to sustainable, long-term growth.
" MENZIES
MENZIES
RIVERINA
DAVYHURST
DAVYHURST
Processing Plant
1.2Mtpa
1.2 MtpaPROCESSING
Processing Plant
PLANT
SAND KING
25 Kilometres # #
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PADDINGTON
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OTHER
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MINERAL
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ZULEIKA SHEAR ZONE
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RIGHTS
WESTERN KALGOORLIE
AUSTRALIA KUNDANA
"
FROGS LEG
Leinster
Menzies
Kalgoorlie
PERTH
IDA FAULT
COOLGARDIE "
Figure 1: Ora Banda's Davyhurst Gold Project tenements
8 Ora Banda Mining
Our Strategy
DRIVE
to
DRIVE to 150 underpins
growth target of 150koz 150
in FY26 and beyond.
Sustainable Guided by our Unlocks
resource values and substantial
and production delivered by our long-term value for
growth talented people all stakeholders
Board of Directors
Ora Banda’s Board of Directors combines deep mining industry expertise in legal, governance, commercial,
finance, technical, and operational areas (such as mining, mine management and project development, mineral
exploration and resource development), providing strategic oversight to support the Company’s sustainable
growth and responsible practices.
Peter Mansell Luke Creagh Jo-Anne Dudley
Non-Executive Chairman Managing Director and CEO Non-Executive Director
B.Com, LLB, H. Dip. Tax, FAICD BsC (Mining Engineering) BE (Mining) (Hons), GradCert
Technology Management,
Appointed 22 June 2018 Appointed Chief Executive FAusIMM (CP), MAICD
Officer 4 July 2022
Appointed 3 October 2023
Appointed Managing Director
28 September 2022
Alan Rule Kathryn Cutler
Non-Executive Director Non-Executive Director
B.Comm.; B.Acc.; FCA; MAICD Bs (Mining Geology and Mineral
Exploration); BSc Honours
Appointed 30 September 2022 (Applied Geology); AusIMM
Appointed 8 July 2024
2025 Sustainability Report 9
FY25 People and
Community
Sustainability
Performance
50% reduction
in turnover with
80% of employees
positively engaged
22% female workforce
1
participation and 42%
female participation at
Board and executive
management level
3,577 hectares
of land surveyed
through 5 cultural
heritage surveys
100+ local
suppliers from
Kalgoorlie engaged
during the year
Female participation is calculated as an average across FY25
1
10 Ora Banda Mining
Environmental Ethics,
Responsibility Governance
and Compliance
0 Major Psychosocial-focused
environmental incident management
incidents system implemented,
with incident data
reviewed at Board level
74 Hectares AASB S2
of progressive Compliance
rehabilitation Roadmap
completed developed
88% of total water Safety culture
was reused across deep dive
TSF and Project sites completed
50.8 tonnes Strong employee
of scrap metal engagement results
recycled in trust, respect and
alignment with values
2025 Sustainability Report 11
From the Sustainability
Committee Chair
On behalf of the Board of Directors, we are pleased to present Ora Banda Mining’s
inaugural Sustainability Report, an important milestone as we formalise our
Environment, Social and Governance (ESG) commitment and establish a baseline
for future progress.
Operating in the eastern goldfields of Western The Total Reportable Injury Frequency Rate
Australia, Ora Banda Mining recognises the remained stable during the ramp-up of two
privilege and responsibility that comes with underground mines and broader operational
working in a region with a long mining history. growth. The Committee continues to oversee
Sustainability remains integral to our operations, enhancements to the Company’s safety systems
and our approach is evolving with the Company’s and supports the proposed introduction of a
growth. We are strengthening the foundations for customised safety leadership program in the year
future progress, including the establishment of a ahead, reinforcing our commitment to strong
Sustainability Committee to oversee ESG strategy governance and continuous improvement in
and performance at the leadership level. safety performance.
The safety, health and wellbeing of our people is At Ora Banda, we value diverse perspectives
fundamental to the success of our business. As and experience. Women hold three of seven
our systems mature, we are seeing continued executive roles and two of five Board seats,
improvements in safety performance. During a level of representation at the leadership
the year we strengthened our existing incident level that exceeds contemporary benchmarks.
management framework by embedding However, with women comprising 24% of our total
psychosocial-focused processes. Incident data workforce as of June 2025, there is still work to be
is now reviewed at the Board level as part of done to achieve our broader diversity targets.
our approach to governance and oversight of
Our significantly reduced personnel turnover
workforce health and wellbeing.
and excellent employee engagement scores
Our contracting partners play a vital role in our reflect the positive impact of a performance-
operations, and integration of their systems focused culture, investments in improving onsite
and practices has been a key priority. To living standards, and ongoing professional
strengthen alignment and ensure consistency development opportunities.
across safety, operational performance and
As an Australian company, Ora Banda is subject
systems, Ora Banda conducts quarterly reviews
to the Australian Sustainability Reporting
with all contracting partners. This is supported
Standards (ASRS). Preparation began during the
by monthly contractor management system
year to ensure Ora Banda is ready to meet these
reports, reinforcing our collective focus on
requirements, and we are on track to publish the
keeping every member of our team safe.
Company’s first Climate Statement in accordance
with AASB S2 requirements for the upcoming FY26
reporting per

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