Announcement PDF An ASX/NZX-listed Producer, Developer and Explorer with Precious Metals assets in the Cobar Basin 1. ReleasedASX 9 March 2026 10 March 2026 MiningNews Select – Sydney March 2026 Commencing Operations (C&M completed)1 – MKR Precious Metals Presentation, targeting production Q2 2026 (completely unhedged) 1 Disclaimer This disclaimer applies to this presentation and the information contained in it (the Presentation). By reading this disclaimer you agree to be bound by it. The Presentation has been prepared by Manuka Resources Limited and relates to its subsidiaries, related parties and any new assets or entities subsequently acquired or incorporated (collectively the Company). The Presentation was prepared on 09 March 2026 and the information in it is subject to change without notice. Purpose The Presentation is for information purposes only and is an overview of the Company and its assets at the time of preparation. 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Subject to any continuing obligations under applicable law, the Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements in the Presentation to reflect any change in expectations in relation to any forward-looking statements or any change in events, conditions or circumstances on which any such statement is based. No Limited Party or any other person makes any representation, or gives any assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements in the Presentation will occur. Past performance Past performance is not indicative of future performance and no guarantee of future returns is implied or given. Previously reported information The information in this presentation that relates to previously reported Exploration Results, Exploration Targets, Mineral Resources and Ore Reserves is extracted from the Company’s ASX announcements noted in the text of the presentation and are available to view on the Company’s website. The Company confirms that, other than mining depletion, it is not aware of any new information or data that materially affects the information included in the original announcements and, in the case of estimates of Mineral Resources and Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant announcement continue to apply and have not materially changes. The Company confirms that the form and context in which the Competent Person’s findings are presented have not been materially altered. March 2026 2  Mt Boppy deeps drilling underway now. Targeting additional pods of high grade gold ores as per historical production (500,000oz Au).  Pipeline shallow open pit project drilling program commencing late March 2026. Targeting ~40,000oz Au open pit resource for inclusion in mine plan.  Follow-up deep drilling at Wonawinta. Project undertaken mid-2021, strong potential for typical Cobar Basin style Pb-Zn-Ag project - scheduled for Q3 & Q4 2026. Focused on bringing Cobar Basin precious metal assets back online Q2 2026 and again becoming the only primary producer of silver in Australia 3 About Manuka Resources Extending mine life Cobar Basin 10 yr Production Plan1,2 Phased Strategy to deliver Self-sustaining Value Creation  ASX listed mine operator, developer and explorer  Near-term production from Gold and Silver assets located in the prolific Cobar Basin, NSW  100% owner of both projects  No royalties or streaming 1. ASX Release 30 January 2026 2. See Production Target and Financial Forecast Slides included in this presentation The Company is unaware of any new information or data that materially affects the information included in the 30 January 2026 announcement Near Term Cashflow Longer Term Strategic Value  Existing 1Mtpa Processing Plant and associated infrastructure  Existing Open Pit Gold Mine and Stockpiles at Mt Boppy, 150km by road from Wonawinta  10 Year Mine Plan and 10.9Mt Production Target containing 19Moz Silver from Wonawinta, and  46koz Gold from the Mt Boppy Open Pit and Wonawinta/Mt Boppy Stockpiles  Restart costs estimated at A$26.6M Average EBITDA circa A$127M1 resulting in NPV8 of A$805M, IRR ~1092% basis A$135.50/oz silver  Start production in Q2 calendar year 2026. Corporate Summary Share Price History Capital Structure Shares Outstanding 1,477M Options/warrants Outstanding 232M Share Price (5 March 2026) c/share 14c Market Capitalisation A$207M Cash (plus available liquidity) A$25.7M Debt Outstanding A$52.8M • A$42.8M - Senior Debt Facility • A$10M Tennant Metals SA Pty Ltd - Trade Finance Facility Share Price Catalysts for FY26:  Continued strength in Gold and Silver markets  Fully funded to production, commencing Q2 2026  Only Australian primary silver project commencing production over next ~3-4 years (at least)  Exploration underway and to continue targeting both silver and gold  Silver Reserve Update due mid-March 2026 (previous cut-off grade US$32.50/oz) Board And Management Dennis Karp Executive Chairman Alan Eggers Executive Director, Chairman TTR John Seton Non -Executive Director Haydn Lynch Chief Operating Officer Eryn Kestel Alex Sutton Joint Company Secretary Joint Company Secretary Rod Griffith Executive General Manager Richard Holstein Chief Financial Officer Dieter Engelhardt Project Manager Phil Bentley Chief Geologist 4 Welcome to Cobar – a mining town through and through since the 1860’s Cobar Basin, New South Wales March 2026 5 2023 acquisition of Endeavour Mine from CBH Resources 2021 Acquisition of Mineral Hill from Quintana Holdings 2021 A$76.7M acquisition of Peak Mine from New Gold Current Market Cap = A$460M Current Market Cap = A$200M Current Market Cap = A$550M Sealed Highways Cobar Wonawinta Mt Boppy Endeavour Mine CSA Mine Tritton Mines Mineral Hill Mine Peak & New Cobar Mines Federation & Hera Mines Pipeline Ridge Mallee Bull, May Day, Wagga Tank McKinnons Cobar Basin NSW Manuka Projects / Tenure Other Resources / Project Mining & Exploration Licenses 2025 US$1.03B acquisition of CSA Metals Acquisition Corp Current Market Cap = US$11.32B Manuka holds Exceptional Assets in a very deep Tier -1 precious metals & base metals district 6 March 2026 7 Wonawinta Silver Mine (100% owned by Manuka) Figure:Aerial view of the existing Wonawinta 1mtpa Processing Plant showing the Ball Mill (bottom right) and CIL tanks (centre-left). • Existing 1Mtpa CIL Processing Plant and associated Infrastructure built by CCR in 2012 (replacement costs >A$200m). • Two existing and three planned Open Pits. • Manuka owns the land (crown lease) hosting the ML • Total 38.5Mt Resource1 comprising: • Existing Probable Ore Reserve2 6.2Mt @ 56.4g/t Ag for 11.2Moz silver • Reserve update due later March 2026 1. ASX Release 1 April 2021 2. ASX Release 30 May 2025 Information relating to Ore Reserves is extracted from the announcement titled ‘Updated Cobar Basin Production Plan” dated 30 May 2025. The Company is not aware of any new information or data that materially affects the Reserve and all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. Resource Mt Ag (g/t) Ag (Moz) Pb (%) Pb (kt) Measured 1.1 47.3 1.7 0.69 7.5 Indicated 12.3 45.5 18.0 0.83 102.8 Inferred 24.9 39.0 31.3 0.39 96.9 Total 38.3 41.3 50.9 0.54 207.2 Resource Mt Ag (g/t) Ag (Moz) Au (g/t) Au (koz) Measured 0.1 61 0.3 0.03 0.1 Indicated 0.1 58 0.1 0.16 0.4 Total 0.2 60 0.4 0.07 0.5 Figure: Typical cross section through the shallow silver deposit mineralisation at Wonawinta showing Booth Limestone and MVT Pb-Zn-Ag style mineralisation beneath and down dip of Wonawinta silver open oxide pits. Wonawinta - ROM Stockpiles Resource Wonawinta - in-ground Resource Information relating to Mineral Resources is extracted from the announcement titled ‘Updated Cobar Basin Production Plan” dated 30 May 2025 and “43% Increase in Measured & Indicated Resources at Wonawinta Silver Project” dated 1 April 2021. Both are available to view on the Company’s website. The Company is not aware of any new information or data that materially affects the Resource and all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. Wonawinta Silver Mine (100% Manuka) 8 9 Mt Boppy Gold Mine (100% Manuka) Figure:Aerial view of Mt Boppy Gold Mine looking south across the Main Rock Dump toward the Open Pit and TSF3 Tailings impoundment. • Historically one of NSW’s richest gold mines, having produced ~500,000 oz Gold at ~15 g/t Au. • Existing 48-bed mining camp and ancillary infrastructure located on site. • Total 2.6Mt Resource at 1.32g/t • Mt Boppy Open Pit Probable Ore Reserve2 290kt @ 4.2g/t for 39,000oz gold. 1. ASX Release 30 May 2025 2. ASX Release 5 August 2025 Information relating to Ore Reserves is extracted from the announcement titled ‘Mt Boppy Open Pit Ore Reserve ” dated 5 August 2025. The Company is not aware of any new information or data that materially affects the Reserve and all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. Resource kt Au (g/t) Au (koz) Measured 167 4.01 22 Indicated 165 4.24 22 Total 333 4.12 44 Resource kt Au (g/t) Au (koz) Indicated 1,362 0.69 30 Inferred 860 1.09 30.2 Total 2,222 0.84 60.2 Mt Boppy – Rock Dump, Tailings and Stockpiles Mt Boppy - in-ground Resource Information relating to Mineral Resources is extracted from the announcement titled ‘Updated Cobar Basin Production Plan” dated 30 May 2025 and “360% increase in Mt Boppy Total Gold Resources 80% increase in ‘Measured & Indicated’” dated 24 August 2023. Both are available to view on the Company’s website. The Company is not aware of any new information or data that materially affects the Resource and all material assumptions and technical parameters underpinning the estimates in the relevant market announcements continue to apply and have not materially changed. Figure 2: Grade estimates for the Oxide, Fresh and Tailings domains within the Main Rock Dump based on sonic drilling program. Figure 1: Mt Boppy Long Section looking east Mt Boppy Gold Mine (100% Manuka) 10 Deep Drilling Commenced Early December 2025 Mt Boppy Project Summary (updated pricing) Highlights • 10 Year Mine Life • 10.9Mt Mine Production Target1,2 • 13.2Moz Silver (recovered) • 36koz Gold (recovered) • A$26.6M Restart Capital Costs • C1 Cost A$34.40/oz, AISC Cost A$42.40/oz Silver (incl. gold credits) • Average EBITDA A$127.M p.a.3 • NPV8A$805M & IRR 1,092% 3 • A$135.70/oz Silver, A$6,855/oz Gold • Restart operations have commenced at the Wonawinta Processing Plant; • Adding a front-end deslime and dewatering circuit to enhance mill throughput and leach performance. • First production is anticipated Q2 2026, steady state production early Q3. • Commissioning and ramp up will be undertaken on silver and gold bearing ROM Stockpiles located adjacent to the Wonawinta Processing Plant. • Mining will commence in Q2 2026 (initial production from the existing Manuka followed by the new Belah, Bimble and Pothole pits, then returning to the Boundary pit). • All major approvals are in place and in good standing. • Fully unhedged and exposed to commodity price movements • Manuka is looking to drive shareprice growth via exploration success and project expansion 1. ASX Release 30 May 2025 2. ASX Release 5 August 2025 3. See Production Target and Financial Forecast Slides included in this presentation 11 Project Sensitivities (A$ NPV) Based on Cobar Basin PFS released on ASX 30 January 2026 12 Production is very leveraged to movements in the gold and silver price: • Every 5% move in silver price impacts project by A$60m • Every 5% move in gold price impacts project by A$9m A$ NPV Table (Sensitivities to US$ silver & gold prices) Financial Forecast – 10 Year Project Key metrics 13 Extracted from thhe Cobar Basin Production Plan financial forecasts released on ASX on 30 January 2026. . 10yr Project EBITDA A$1.265B (Avg A$127M PA) 10yr Project Net Cashflow A$1.196B (Avg A$120M PA) NPV8 A$805M Project IRR 1,092% Silver Costs C1 costs A$34.40/oz AISC costs A$42.40/oz (~US$28/oz Ag) Project generates: A$0.55/share NPV project basis (excludes reserve increases, production expansions, exploration upside) Corporate Office: Suite 405 Grafton Bond Building 201 Kent Street Sydney, NSW 2000 Australia Phone: 02 7253 2020 Email: admin@manukaresources.com.au 14