Announcement PDF AGM Presentation TRANSFORMATIONAL PRODUCTION OF HIGH PURITY ALUMINA HPA (Al203) ASX: IPT SCAN THE QR CODE TO SIGN UP TO OUR INVESTOR HUB impactminerals.com.au ASX: IPT DISCLAIMER This report contains forward looking statements that are subject to risk factors associated with resource businesses. While all due care has been taken in preparing the report, projections may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to: price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimates, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory developments, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates. Ideas, opinions, conclusions, and recommendations expressed in this report by the vendors are made by personnel using their professional judgment. The vendors do not represent or warrant that these will prove complete or accurate, and any person or corporation acting in response to this report must make their own enquiries and exercise their own professional judgement. The vendors are not liable for any loss or damage (however caused) incurred or suffered by a person or corporation acting on the basis of this report. All data and third-party figures presented are publicly available and referenced where applicable. The information contained in this Presentation is for information purposes only. It is intended only for those persons to whom it is delivered personally by or on behalf of the vendors. The information in this Presentation is a general background and does not purport to be complete or to provide all information that an investor should consider when making an investment decision or that would be required in a prospectus or product disclosure statement prepared in accordance with the requirements of the Corporations Act 2001 (Cth). It has been prepared by the vendors with due care but no representation or warranty, express or implied, is provided in relation to the fairness, accuracy or completeness of the information. Statements in this Presentation are made only as of the date of this Presentation unless otherwise stated and the information in this Presentation remains subject to change without notice. What lies beneath Lake Hope? A Transformational Acquisition ASX Release 21st March 2023 ASX: IPT What lies beneath Lake Hope? A Transformational Acquisition ASX Release 21st March 2023 ASX: IPT ASX: IPT The HPA Feedstock: Lake Hope: a multi-decade mine Mineral Resource Estimate Category Tonnes Al2O3 % Contained Al2O3 Total M+I+I 2,780,000 25.1 700,000 A Tier One Jurisdiction World Class Economics ASX: IPT All material assumptions underpinning the production target and the forecast financial information derived from the production target utilised in the Pre- Feasibility Study as announced on the ASX 17th June 2025 continue to apply and have not materially changed. Potentially the lowest cost producer of HPA ASX: IPT All material assumptions underpinning the production target and the forecast financial information derived from it utilised in the Pre-Feasibility Study, as announced on the ASX on June 17th, 2025, continue to apply and have not materially changed. NPV10 $1.2 billion Another Transformational Acquisition Another Transformational Acquisition ASX Release 23rd April 2025 ASX: IPT The HiPurA acquisition: a bolt-on to Lake Hope Sympathetic feedstock and similar backend chemistry ASX: IPT Increasing Focus on HPA • Sale of Blackridge project • Joint venture on Commonwealth with Kuniko Ltd: 30% free carried interest • Ground rationalisation: relinquished projects • Except Broken Hill - BHP Xplor programme ASX: IPT What Have We Learnt About HPA on the Lake Hope Journey We have discovered why there are high barriers to entry to the HPA business Initial HPA Project Successful HPA Business Purity Challenges Lab Requirements Acid Regeneration Client Engagement Financing Scale-Up Purity: Federal Grant of $2.87 million ASX Release 23rd October 2024 ASX: IPT Edith Cowan University Impact CPC Engineering ASX: IPT Fully functional high purity laboratory Accurate onsite analysis and fast assay turnaround ASX: IPT A 25tpa Pilot Plant Almost ready to switch on with room to grow ASX: IPT Micro-plant Engineering Studies The only other company on the ASX capable of producing commercial quantities of HPA Test work 2 Years! A game-changer in time Commercial Plant Pilot Plant ASX: IPT HiPurA – A Modular business model International Patents Game changing commercialisation pathway Allows for scaling without significant financing required ASX: IPT Forward Plan Establish a base in North America Get it up and running Engage with customers Finish the plant and turn it on 2025 Initial offtake agreements 2026 Scale up to ~1000s TPA 2027 ASX: IPT The importance of potash • Produced as a by-product of the Low Temperature Leach Process • Other methods of production as a primary product with other useful by-products? • Offers considerable upside to Lake Hope as a parallel project • Australia imports virtually all of its potash • Test work underway leading to preliminary economic modelling ASX: IPT BROKEN HILL • The largest ground holder • Recent corporate activity with the purchase of CBH by BHM • First Xplor Cohort with new model for copper • New MT data identifies exciting drill targets • Aim to drill Q1 2026 ASX: IPT THE IMPORTANCE OF MT ASX: IPT This review of exploration activities and results, the Exploration Results contained in this presentation is based on information compiled by Dr Mike Jones, a Member of the Australian Institute of Geologists and an employee of Impact Minerals Limited. He has sufficient experience which is relevant to the style of mineralisation and types of deposits under consideration and to the activity that 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 (the JORC Code). Dr Jones has consented to the inclusion in the report of the matters based on his information in the form and context in which it appears. The data in this presentation that relates to Mineral Resource estimates for the Lake Hope Project is based on information evaluated by Mr Simon Tear who is a Member of The Australasian Institute of Mining and Metallurgy (MAusIMM) and who has sufficient experience 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 (the “JORC Code”). Mr Tear is a Director of H&S Consultants Pty Ltd and he consents to the inclusion in the presentation of the Mineral Resource in the form and context in which they appear. The information in this report that relates to Metallurgical test work is based on, and fairly represents, information and supporting documentation prepared by Scott Phegan, a consultant chemical engineer to Impact Minerals Limited. Mr Phegan is a Member of the Australasian Institute of Mining and Metallurgy, and he has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity which has been undertaken 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” (The JORC Code). Mr Phegan consents to the inclusion in this release of the matters based on the information in the form and context in which they appear. Competent Persons Statements ASX: IPT The information in this report that relates to the maiden Ore Reserves is based on, and fairly represents, information and supporting documentation prepared by Mr Joel van Anen, a Competent Person who is a Member of The Australasian Institute of Mining and Metallurgy (AusIMM). Mr van Anen is a full-time employee of TME Mine Consulting and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken 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’. Mr van Anen has no economic, financial or pecuniary interest in the Company and consents to the inclusion in this report of the matters based on his information in the form and context in which it appears Forward Looking Statements: This announcement contains ‘forward-looking information’ that is based on the Company’s expectations, estimates and projections as of the date on which the statements were made. This forward-looking information includes, among other things, statements with respect to the Company’s business strategy, plans, development, objectives, performance, outlook, growth, cash flow, projections, targets and expectations, mineral reserves and resources, results of exploration and related expenses. Generally, this forward-looking information can be identified by the use of forward-looking terminology such as ‘outlook’, ‘anticipate’, ‘project’, ‘target’, ‘potential’, ‘likely’, ‘believe’, ‘estimate’, ‘expect’, ‘intend’, ‘may’, ‘would’, ‘could’, ‘should’, ‘scheduled’, ‘will’, ‘plan’, ‘forecast’, ‘evolve’ and similar expressions. Persons reading this announcement are cautioned that such statements are only predictions, and that the Company’s actual future results or performance may be materially different. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information. All material assumptions underpinning the production target and the forecast financial information derived from the production target utilised in the Pre-Feasibility Study as announced on the ASX 17th June 2025 continue to apply and have not materially changed. Competent Persons and Cautionary Statements