INVESTOR DAY 2026 Attributable Gold Equivalent Ounces Proven & Probable Measured & Indicated Inferred 23yr MARA 59 Evaluation GLENCORE Argentina Royalty Terms 0.25% NSR with an option to convert to 20% gold stream - 81 koz 4 koz Mine Life Glencore’s most advanced copper-gold growth project Additional Advance Payment: $225 million 1 paid during construction period Gold Stream: 20% of Au @ 30% spot Stream Option Conveyor Belt at Alumbrera Mine 1) Upfront payment varies between $135-$225 million based on a formula. At a gold price >= $1,450/oz, the upfront payment is $225 million.