Gold is a Unique Strategic Asset Source: World Gold Council: Gold As A Strategic Asset, 2026 Edition and Bloomberg, ICE Benchmark Administration, World Gold Council. 1) As of 31 December 2025. Relative value between ‘gold’: LBMA Gold Price PM; ‘commodities’: Bloomberg Commodity Index; and major currencies since 2000. Value of commodities and currencies measured in ounces of gold and indexed to 100 in January 2000. Gold is uncorrelated and a diversifier that provides a hedge against systemic risk, currency depreciation and inflation WHY GOLD? 140 Value in Gold 120 0 100 80 60 40 20 Pound Sterling Swiss franc US dollar Australian dollar Singapore dollar Euro Renminbi Commodities Yen Russian ruble Gold Currencies and Commodities Relative to Gold 1 January 2000 = 100 Safe-haven Asset Store of Value Liquid Asset Diversifier Hedge Against Inflation Competitive Return 32