KGL Resources (ASX:KGL) has approved the Final Investment Decision (FID) for its 100%-owned Jervois Copper Project in the Northern Territory, a big step in the Project’s journey towards becoming a producing mine. The decision confirms the Project remains on schedule, with capital costs consistent with the Baseline Economic Model (BEM) and first copper concentrate production targeted for the first half of calendar year 2028. FID has been approved: - KGL Board approves FID for the Jervois Copper Project - First copper concentrate production targeted for first half 2028 - Project capital costs remain consistent with the BEM - Project’s robust economics reaffirmed Construction progress advancing: - Approximately 60% of total project costs are now covered by executed contracts - Sedgman Engineering, Procurement and Construction contract has been signed - Construction village has been established, with civil works underway - Engineering, long-lead equipment commitments and major construction packages are progressing Funding secured: - Funding for Jervois is in place through existing cash reserves, Wheaton Precious Metals proceeds and recently raised equity - Jervois is fully funded through construction and into production, subject to applicable conditions - Jervois has an initial 10-year mine life - Expected steady-state production of approximately 30,000 tonnes of copper per annum, alongside silver and gold by-products With the FID approved, KGL is transitioning Jervois from development into execution and construction, with the project targeting first concentrate production in the first half of 2028. The Company is also continuing its funded exploration program that is targeting resource growth, potential mine-life extension and new discoveries across the Jervois and Unca Creek tenements. Check out the full announcement and join in with the conversation at: kglresources.com.au/announce… #KGL

KGL Resources (ASX:KGL) has received a second US$16 million payment from Wheaton Precious Metals, completing the US$32 million Early Deposit under its Precious Metals Purchase Agreement. The payment marks another important funding milestone as KGL advances the 100%-owned Jervois Copper Project towards construction and production. US$32M Early Deposit Completed • Second US$16M payment received • US$32M Early Deposit now complete • FIRB approval conditions satisfied • Early Works expenditure confirmed Further Funding Available • US$243M remains available subject to applicable conditions • Four equal construction tranches • Additional US$25M contigentcost-overrun facility • Total potential Wheaton funding US$300M Jervois Fully Funded • A$300M equity raising completed • Fully funded through construction and into production • Copper remains fully unencumbered With the Early Deposit now fully received, KGL continues progressing Jervois towards its Final Investment Decision and construction. The funding package provides significant support as enabling works advance and the Project moves closer to production. Check out the full announcement and join in with the conversation at: kglresources.com.au/announce… #KGL

Momentum continues to build at the Jervois Copper Project, with activity advancing across the mine lease. This latest site update provides a look at works underway across the Jervois mine lease as KGL continues to advance the Project towards Final Investment Decision and construction. Current activities include: - demolition and rehabilitation of old Jervois mine workings - civil works for the 250-room village - crushing and screening of gravel and engineered rock products - engineered rock pad sheeting and compaction - exploration drilling and ongoing geological programs These activities form an important part of preparing Jervois for the next phase of development. With work continuing across multiple areas of the Project, KGL remains focused on progressing Jervois towards execution and production. Watch the latest site update below.

KGL Resources (ASX:KGL) has awarded Sedgman the design, procurement and construction contract for the processing plant at its 100%-owned Jervois Copper Project in the Northern Territory. The contract represents an important step towards Final Investment Decision and project execution, planned for the coming weeks. Jervois advances towards execution • Sedgman awarded processing plant contract • Detailed design and procurement underway • Construction, commissioning and testing included • FID planned in coming weeks Experienced project partner • Sedgman involved since 2017 • Supported feasibility and engineering studies • Deep knowledge of processing requirements • Long-standing KGL partnership continues Processing plant taking shape • Designed for 2.0Mtpa throughput • Conventional crushing and grinding • Flotation and thickening to produce a single copper concentrate • Critical equipment procurement underway The contract brings Jervois another step closer to construction and eventual production, building on years of engineering, metallurgical and project development work. With detailed engineering and procurement of critical long-lead equipment already underway, KGL is progressing towards FID and the next phase of project delivery. Check out the full announcement and join in with the conversation at: kglresources.com.au/announce…

KGL Resources (ASX:KGL) has released its FY2026 Annual Report, highlighting a transformational year for the Company as the high-grade Jervois Copper-Silver-Gold Project became fully funded through to production. With approximately A$689 million of aggregate funding secured, KGL is now focused on project execution and targeting first copper concentrate production in H1 CY2028. Jervois fully funded • Approximately A$689m aggregate funding secured • US$300m Wheaton precious metals agreement • A$300m equity raising completed • No project debt Strong development fundamentals • Post-tax NPV of approximately A$839m • Post-tax IRR of 31% • C1 costs of US$1.65/lb copper • Copper production remains unencumbered Moving towards production • Process plant engineering advanced • Long-lead equipment procurement underway • Early site works progressing • First copper concentrate targeted for H1 CY2028 KGL enters FY2027 with the Jervois Project funded and its development pathway clearly defined. The Company’s focus has now shifted from financing to project execution, alongside continued exploration to support potential mine-life extensions. Check out the full announcement and join in with the conversation at: kglresources.com.au/announce…

Enabling works are now underway at the Jervois Copper Project. This video of the latest site footage shows progress across a number of key early works, including: - topsoil stripping - access road works - gravel sheeting - installation of the 72-room enabling camp These works are an important part of preparing Jervois for the next phase of development as KGL continues to progress towards FID. Watch the video for a look at the latest activity underway on site.

Activity continues to build at the Jervois Copper Project as KGL progresses towards FID. Recent work across site includes: - civil works - camp installation - drilling - establishment of water systems The site team is continuing to advance enabling works safely, with strong engagement across crews and contractors. These activities form part of KGL’s ongoing preparations to advance Jervois into its next phase of development.

We’re pleased to share that KGL Resources (ASX:KGL) will be included in the S&P/ASX All Ordinaries Index, effective 21 September 2026. The All Ordinaries Index is one of Australia’s broadest equity market benchmarks, representing around 500 of the largest securities listed on the ASX. KGL’s inclusion marks the Company's first entry into an S&P/ASX index. The inclusion is an important milestone for KGL’s growing market profile and provides increased visibility across the Australian investment market as the Company advances the Jervois Copper Project in the Northern Territory. With Jervois fully funded through construction and into production, KGL is now focused on execution as the Project progresses towards Final Investment Decision and principal construction. We look forward to continuing this momentum as KGL moves into its next phase of execution. Check out the full announcement and join in with the conversation at: kglresources.com.au/announce… #KGL

KGL Resources (ASX: KGL) Chief Executive Officer Sam Strohmayr presented at Mining the Territory 2026 in Darwin yesterday, providing an update on the Jervois Copper Project and KGL’s progress towards FID and development. The conference brought together industry, government and other stakeholders to discuss the outlook and opportunities across the Northern Territory’s resources sector. Thank you to the organisers of Mining the Territory and everyone who joined Sam’s presentation and discussions throughout the event.

Site clearing is underway for the new accommodation village at KGL’s Jervois Copper Project, with works being undertaken by Black Cat Civil. Another step forward as Jervois progresses towards FID and principal construction.

KGL Resources (ASX: KGL) will be attending the Mining the Territory 2026 conference in Darwin this week. Chief Executive Officer Sam Strohmayr will present on “KGL - Developing the Jervois Copper Project” on Thursday, 3 September, discussing KGL’s progress in advancing Jervois towards FID and development. Sam also looks forward to connecting with investors, industry participants and other stakeholders throughout the conference. If you are attending, we would welcome the opportunity to meet. Darwin Convention Centre, Northern Territory 2–3 September 2026 Conference information: ntresourcesweek.com.au/minin…

KGL Resources (ASX: KGL) and our flagship Jervois Copper Project are in the spotlight in the latest edition of Australia's @Paydirt_Media, with the feature exploring the project’s transformation and renewed interest in copper. The article highlights: • stronger copper prices and growing investor appetite for copper exposure • renewed interest from institutional and corporate investors • KGL’s progress in advancing the Jervois Copper Project • the broader resurgence of the Northern Territory’s resources sector across copper, gold, lithium and rare earths The feature provides a timely look at Jervois as KGL continues to advance the project towards FID and development. Read the feature in the latest issue of Paydirt here (subscriber access required): anyflip.com/tcch/ndgw #KGL

We've just released the following announcement: Appointment of Independent Non-Executive Director Check out the full announcement and join in with the conversation at: kglresources.com.au/announce… #KGL

We've just released the following announcement: Quarterly Activities and Cashflow Report Check out the full announcement and join in with the conversation at: kglresources.com.au/announce… #KGL

We've just released the following announcement: Arrangement for Extraordinary General Meeting Check out the full announcement and join in with the conversation at: kglresources.com.au/announce… #KGL

We've just released the following announcement: Application for quotation of securities - KGL Check out the full announcement and join in with the conversation at: kglresources.com.au/announce… #KGL

We've just released the following announcement: Completion of approx $120 million Entitlement Offer Check out the full announcement and join in with the conversation at: kglresources.com.au/announce… #KGL

We've just released the following announcement: Entitlement Offer Opens - Offer Booklet Check out the full announcement and join in with the conversation at: kglresources.com.au/announce… #KGL