Evolution Mining : FY19 Financial Results Presentation

2019 FULL YEAR

FINANCIAL RESULTS

15 A UG US T 2019

J A K E K L E I N - E X E C U T I V E C H A I R M A N

L A W R I E C O N W AY - F I N A N C E D I R E C T O R A N D C F O

FORWARD LOOKING STATEMENT

These materials prepared by Evolution Mining Limited (or "the Company") include forward looking statements. Often, but not always, forward looking statements can generally be identified by the use of forward looking words such as "may", "will", "expect", "intend", "plan", "estimate", "anticipate", "continue", and "guidance", or other similar words and may include, without limitation, statements regarding plans, strategies and

objectives of management, anticipated production or construction commencement dates and expected costs or production outputs.

Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance and achievements to differ materially from any future results, performance or achievements. 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 licenses and permits and diminishing quantities or grades of reserves, political and social risks, changes to the regulatory framework within which the Company operates or may in the future operate, environmental conditions including extreme weather conditions, recruitment and retention of personnel, industrial relations issues and litigation.

Forward looking statements are based on the Company and its management's good faith assumptions relating to the financial, market, regulatory and other relevant environments that will exist and affect the Company's business and operations in the future. The Company does not give any assurance that the assumptions on which forward looking statements are based will prove to be correct, or that the Company's business or operations will not be affected in any material manner by these or other factors not foreseen or foreseeable by the Company or management or beyond the Company's control.

Although the Company attempts and has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in forward looking statements, there may be other factors that could cause actual results, performance, achievements or events not to be as anticipated, estimated or intended, and many events are beyond the reasonable control of the Company. Accordingly, readers are cautioned not to place undue reliance on forward looking statements. Forward looking statements in these materials speak only at the date of issue. Subject to any continuing obligations under applicable law or any relevant stock exchange listing rules, in providing this information the Company does not undertake any obligation to publicly update or revise any of the forward looking statements or to advise of any change in events, conditions or circumstances on which any such statement is based.

Non-IFRS Financial Information

The Company results are reported under International Financial Reporting Standards (IFRS). This presentation also includes non-IFRS information including EBITDA and Underlying Profit. The non-IFRS information has not been subject to audit or review by the Company's external auditor and should be used in addition to IFRS information.

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CLEAR AND CONSISTENT STRATEGY

A portfolio of 6 to 8 assets generating superior returns with an average mine life of at least 10 years

Open to all quality gold,

silver andInspired

copper-goldpeople value

accretivecreating

investments Australia's

Premier gold

company

An active pipeline of quality exploration and development projects

Safety

Build a

reputation for sustainability,

reliability andMt Carlton transparency

	Ernest Henry
Embed	Cracow
Mt Rawdon
financial

discipline across the business

Mungari

Cowal

Excellence	Accountability	Respect	3

SUSTAINABILITY PRINCIPLES

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SAFETY

◼ Driving a safety culture of doing the right thing

because people want to, not because they have to

◼ Safety stop conducted across all sites in July 2019

following recent tragedies in Queensland

◼ Strong focus on addressing rise in TRIF

◼ FY19 performance:

◼ improvement in reporting culture

Group Total Recordable Injury Frequency

◼ reduction in severity of incidents

faster completion of significant incident

26.2

(TRIF)

◼

investigations with corrective actions

completed on time

◼ HSE System and Critical Control verification audits

conducted at each asset during FY19

19.9

12.0

			9.6	9.7
				8.0		8.3
						5.5
FY12	FY13	FY14	FY15	FY16	FY17	FY18	FY19

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