Announcement PDF 1 Investor Presentation | October 2025 ADVANCING HIGH-POTENTIAL GOLD, SILVER, COPPER AND BASE METAL PROSPECTS September 2026 Investor Presentation | Confidential ASX: 10X 2 Investor Presentation | September 2026 RC/DD Drilling at the Balerion Prospect Since December 2025 Listing: ✓ Land access agreements secured ✓ Rockchip samples collected ✓ Gold and multi-element soil sampling survey completed ✓ I.P and ground gravity surveys completed ✓ Drilling approval received ✓ 6-hole RC/DD program completed on budget ✓ Assays pending BALERION PROSPECT RAPIDLY ADVANCED FROM TARGET TO DRILL TEST 3 Investor Presentation | September 2026 Cautionary Statement: The core photographs show visual sulphide mineralisation. Visual observations are preliminary and should not be considered a proxy or substitute for laboratory analysis. Assays are required to determine metal grades and economic significance. New Drilling Extends Mineralisation >200m Down-dip ➢ Visual sulphides intersected in 5 of 6 drill holes1,2,3 ➢ Mineralisation associated with a persistent sheared lithological contact ➢ Mineralisation intersected 200m down-dip of historical high- grade intercepts ➢ New drilling indicates the mineralised shear may thicken at depth ➢ Structural data has significantly improved geological understanding of the deposit ➢ Next steps: ➢ BLRCDD004/005/006 assay results ➢ Integration of results into updated geological model ➢ Updated model used to drive next phase of exploration BALERION PROSPECT DRILL EXPANDS THE MINERALISED SYSTEM BLRCDD005, 251.75m 2 BLRCDD006, 192.35m 3 BLRCDD005, 251.4m 2 1 -.Refer ASX announcement 1 July 2026, “Maiden Balerion Drilling Intersects Sulphide Mineralisation”. 2 - Refer ASX announcement 13 August 2026, “Balerion Drilling Intersects Sulphide-Bearing Contact Zone”. 3 - Refer ASX announcement 26 August 2026, “Final Balerion Hole Intersects Sulphide-Bearing Shear Zone”. 4 Investor Presentation | September 2026 BLACK HAMMER 390KM² ACROSS THE MACQUARIE ARC Location of major Ordovician to early Silurian porphyry and related mineral systems of the Macquarie Arc Large Scale Cu-Au Discovery Potential in the World-Class Macquarie Arc ➢ Combined 390km² in the highly prospective Macquarie Arc - hosts world-class Au-Cu porphyry and epithermal deposits: ➢ Cadia Valley: ~50Moz Au, ~9.5Mt Cu1 ➢ Cowal: 8.9Moz Au2 ➢ Northparkes: 3Moz Au, 2.4Mt Cu3 ➢ Less than 3km from fertile porphyry systems: ➢ Racecourse: 1.1Mt CuEq4 ➢ Ascot: 189Kt CuEq4 ➢ Multiple discovery opportunities: ➢ Porphyry & epithermal Au-Cu ➢ Orogenic Au ➢ Skarn Au-Cu (nearby <20km Lucky Draw: 1.41Mt @ 4.2g/t Au)5 1 - Harris, A.C. et al. (2020), “Geologic Evolution of Late Ordovician to Early Silurian Alkalic Porphyry Au-Cu Deposits at Cadia, New South Wales, Australia”, Society of Economic Geologists Special Publication No. 23, pp. 621–643. 2 - https://evolutionmining.com/our-operations/cowal/ 3 - https://evolutionmining.com/our-operations/northparkes/ 4 – https://xtractresources.com/projects-operations/bushranger-copper-gold-project/ 5 - Renison Goldfield Consolidated Ltd, 1992, Lucky Draw Mining Lease 1212, Final Progress Report. 5 Investor Presentation | September 2026 Multiple, Undrilled Targets with Immediate Discovery Potential ➢ 12 prospects and high-grade workings identified across the project ➢ All occur along major structures or within prospective Macquarie Arc rocks ➢ Exploration now focused on three high-priority targets: ➢ Watsons Prospect: 2.4km long Cu/Zn soil anomaly with quartz-pyrite-chalcopyrite veining. No gold assays. Never drilled ➢ Porters Retreat: fertile, sulphide-bearing porphyry intrusion. Previously unrecognized, never drilled ➢ Vermithor: newly identified 1km x 1km “bullseye” VRMI magnetic target. Never followed up Prospect location map for the Black Hammer Project on Lachlan Orogeny geology BLACK HAMMER MULTIPLE PROSPECTS, THREE PRIORITY TARGETS 6 Investor Presentation | September 2026 A Large, Open Soil Anomaly Within Macquarie Arc Volcanics ➢ Coherent ~2.4km-long Cu-Zn soil anomaly hosted within Rockley Volcanics ➢ 2km along strike from Shooters Hill and Chatham Valley gold mines ➢ Historical soil sampling was never assayed for gold ➢ Still open to the north and south ➢ Soil anomaly is associated with quartz-pyrite-chalcopyrite veining ➢ No drilling has ever tested the source of the anomaly ➢ Land access secured over the majority of the target, with additional access verbally agreed, pending signature WATSONS PROSPECT 2.4KM UNTESTED Cu-Zn TARGET Open ~2.4km-long Cu-Zn soil anomaly over NSW Surface Geology (tenement outline in light blue) OPEN OPEN EL9826 (10X) 7 Investor Presentation | September 2026 PORTERS RETREAT FERTILE INTRUSION, NEVER DRILL TESTED Outcropping Sulphide-Bearing Intrusion Prospective for Au-Cu ➢ Outcropping monzonite is strongly quartz- chlorite-albite altered and hosts pyrite- chalcopyrite mineralisation1 ➢ Litho-geochemistry indicates prospectivity for porphyry and epithermal Au-Cu systems ➢ Mineralised intrusion is spatially associated with angular alluvial gold in the Retreat River ➢ Coincident basement magnetic anomalies provide additional support for a buried mineralised system ➢ Never drill tested; land access negotiations initiated Outcrop of strongly oxidised, sulphide-bearing monzonite Note: Sr/Y and Sr/MnO ratios are derived from ME-MS61 four-acid digest data rather than whole-rock fusion analyses and should therefore be considered indicative only. Prospective classifications require confirmation using whole-rock geochemistry. 1 -Refer ASX announcement 21 Jan 2026, “Exceptional Results up to 5.42g/t Au & 256g/t Ag Peak View”. 8 Investor Presentation | September 2026 Magnetic Anomaly In A Geological Setting Analogous To Nearby Mineralised Systems ➢ ~1km x 1km “bullseye” remanent magnetic anomaly with no historical follow-up ➢ Strongest “core” of the anomaly is 1.2km long ➢ Remanent magnetic anomalies reflect pyrrhotite associated with Cu-Au mineralisation in nearby systems ➢ Located <5km from the Footrot prospect, where historic drilling returned up to 3.18g/t Au1 and 1.22% Cu2 ➢ Strong historic IP chargeability and low-resistivity responses occur ~1.4km from the EL9332 boundary3 ➢ Proximity to the Isabella Granite contact also provides potential for intrusion-related or Lucky Draw-style Au mineralisation ➢ Target lies within a single landholding; access negotiations initiated 1.2km VERMITHOR LARGE, UNTESTED MAGNETIC TARGET Oblique view looking NE of the 0.06SI VRMI magnetic shell underneath VRMI-depth slice image 1 - Ord Investments, 2008. Annual Report for EL5574 Bushranger for the period 4th June 2007 to 3rd June 2008. R00030704 (GS2008/0665) 2 – Straits Exploration Pty Ltd, 2003. EL 5574 Bushranger Annual Exploration Progress Report for 3rd June 2002 to 2nd June 2003. R00029279 (GS2003/497) 3 – Newmont Exploration Pty Ltd, 2013. Annual Report for EL5574 Bushranger for the period 4th June 2012 to 3rd June 2013. RE0004478 (GS2013/1150) 9 Investor Presentation | September 2026 Watsons Prospect: Geological mapping, rock chipping and pXRF soils under existing land access Porters Retreat & Vermithor: Geological mapping, rock-chip sampling and pXRF soils following execution of LAA’s Target refinement: Follow-up laboratory soil sampling and geophysics Drilling: Targeted drill testing of the highest- priority prospects NEXT STEPS SYSTEMATIC EXPLORATION 10 Investor Presentation | September 2026 DEEP DYKES PROJECT (E29/1154, E29/1155, E29/1156 & E30/590) A Blank Spot in a Proven Gold Belt ➢ Desktop study underway with identification of gold and lithium exploration opportunities. ➢ Strategic landholding in the prolific Mt Ida–Ularring Greenstone Belt, WA along strike of the 371 Koz Au & 4.38Moz Ag Bottle Creek deposits1 ➢ Regional datasets show no surface sampling across the Deep Dykes tenure ➢ Represents 22 km of highly prospective greenstone belt left untouched for gold ➢ Field work program in preparation with intentions to start Q4 2026 Tenement map of the Deep Dykes Project 1 - https://announcements.asx.com.au/asxpdf/20200814/pdf/44lj6rj9wqk8r0.pdf 11 CORPORATE SNAPSHOT Founders 13.4% Vendors 10.7% Board 3.5% Pre-IPO 5.8% Others, 66.6% OWNERSHIP STRUCTURE SHARES ON ISSUE 37.4M* PRICE $0.16* MARKET CAP $5.98M* CASH $3.5M** ENTERPRISE VALUE $2.48M 7M OPTIONS (3YR, 30C) 1M PERFORMANCE RIGHTS (3YR) 8M* *As at COB 2 Sep 2026 **As at 30 June 2026 Brett Grosvenor Executive Chairman Lincoln Ho Non-Executive Director Alan Armstrong Non-Executive Director Seb Hind Exploration Manager BOARD MANAGEMENT 12 Investor Presentation | October 2025 CONTACT ASX: 10X Brett Grosvenor Executive Chairman, Exultant Mining brett@exultantmining.com.au Sebastian Hind Exploration Manager, Exultant Mining seb@exultantmining.com.au Paul Berson Investor Relations, Corporate Storytime +61 421 647 445 paul@corporatestorytime.com 13 Important Notices and Disclaimer This presentation has been prepared by Exultant Mining Ltd (Company) as at the date of release and statements are current only as at that date. Information in the Presentation Materials remains subject to change without notice. The Company has no responsibility or obligation to inform you of any matter arising or coming to its notice, after the date of this document, which may affect any matter referred to in this document. By receiving the Presentation Materials, you acknowledge and represent to the Company that you have read, understood and accepted the terms of this disclaimer. It is the responsibility of all recipients of these Presentation Materials to obtain all necessary approvals to receive these Presentation Materials and receipt of the Presentation Materials will be taken by the Company to constitute a representation and warranty that all relevant approvals have been obtained. NOT AN OFFER These Presentation Materials are for information purposes only. The Presentation Materials do not comprise a prospectus, product disclosure statement or other offering document under Australian law (and will not be lodged with the Australian Securities and Investments Commission) or any other law. The Presentation Materials also do not constitute or form part of any invitation, offer for sale or subscription or any solicitation for any offer to buy or subscribe for any securities nor shall they or any part of them form the basis of or be relied upon in connection therewith or act as any inducement to enter into any contract or commitment with respect to securities. In particular, these Presentation Materials do not constitute an offer to sell, or a solicitation to buy, securities in the United States of America. NOT INVESTMENT ADVICE The Presentation Materials are not investment or financial product advice (nor tax, accounting or legal advice) and are not intended to be used for the basis of making an investment decision. Recipients should obtain their own advice before making any investment decision. SUMMARY INFORMATION The Presentation Materials do not purport to be all inclusive or to contain all information about the Company or any of the assets, current or future, of the Company. The Presentation Materials contain summary information about the Company and its activities which is current as at the date of the Presentation Materials. The information in the Presentation Materials is of a general nature and does not purport to contain all the information which a prospective investor may require in evaluating a possible investment in the Company or that would be required in a prospectus or product disclosure statement or other offering document prepared in accordance with the requirements of Australian law or the laws of any other jurisdiction, including the United States of America. While reasonable care has been taken in relation to the preparation of the Presentation Materials, none of the Company or its directors, officers, employees, contractors, agents, or advisers nor any other person (Limited Party) guarantees or makes any representations or warranties, express or implied, as to or takes responsibility for, the accuracy, reliability, completeness or fairness of the information, opinions, forecasts, reports, estimates and conclusions contained in this document. No Limited Party represents or warrants that this document is complete or that it contains all information about the Company that a prospective investor or purchaser may require in evaluating a possible investment in the Company or acquisition of securities in the Company. To the maximum extent permitted by law, each Limited Party expressly disclaims any and all liability, including, without limitation, any liability arising out of fault or negligence, for any loss arising from the use of or reliance on information contained in this document including representations or warranties or in relation to the accuracy or completeness of the information, statements, opinions, forecasts, reports or other matters, express or implied, contained in, arising out of or derived from, or for omissions from, this document including, without limitation, any financial information, any estimates or projections and any other financial information derived therefrom. JORC DISCLAIMER Certain Exploration Results referred to in this presentation have previously been reported by Exultant Mining Limited in accordance with the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). The relevant announcements are available on the Company’s website and the ASX announcements platform. The Company confirms that it is not aware of any new information or data that materially affects the previously reported Exploration Results referred to in this presentation and that the form and context in which the relevant Competent Person’s findings are presented have not been materially modified. Geological interpretations, geophysical anomalies and lithogeochemical prospectivity discussed in this presentation are exploration indicators only and do not establish the presence of economic mineralisation. Further exploration is required to determine their significance. FORWARD LOOKING STATEMENTS Certain statements contained in the Presentation Materials, including information as to the future financial or operating performance of the Company and its projects, are forward looking statements. Such forward looking statements involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company and which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. Forward looking statements are provided as a general guide only, and should not be relied on as an indication or guarantee of future performance. Given these uncertainties, recipients are cautioned to not place undue reliance on any forward looking statement. 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 this document 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. COMPETENT PERSON STATEMENT The information in this announcement that relates to Exploration Results is based on, and fairly represents, information compiled and reviewed by Sebastian Hind. Mr Hind is an Exploration Manager for Exultant Mining Limited and a Member of the Australasian Institute of Mining and Metallurgy (Membership number 3116971). Mr Hind has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Mr Hind consents to the inclusion in this announcement of the matters based on his information in the form and context in which it appears.