Geo Exploration (GEO) Corporate presentation summary

Transformation and leadership

• Undertook significant transformation in 2024–2025, diversifying assets by geography and commodity and refreshing the executive team to support the new strategy.

• Strengthened governance and risk management to enhance sustainable shareholder value.

• Completed a rebrand to reflect the company’s new direction.

Gold exploration in Western Australia

• Acquired 80% of the Juno Project (E08/3497) and additional tenements, with Callum Baxter, a key figure in the Havieron discovery, as JV partner and consultant.

• Systematic exploration since late 2024 included airborne geophysical, gravity, and LiDAR surveys, confirming a large IRGS-style target with a 4x2 km footprint and strong coincident magnetic and gravity anomalies.

• Heritage Agreement with Traditional Owners completed, clearing a major permitting hurdle and enabling accelerated drilling.

• Maiden drilling campaign scheduled for Q3 2025, targeting depths of 750–1000m.

Namibian oil and gas exploration

• Holds a 78% operating interest in PEL94 offshore Namibia, covering 5,798 km², with Namcor and Aloe holding carried interests.

• PEL94 contains 4.31 billion barrels unrisked mean prospective resources across 11 prospects and leads, with two mapped on 3D seismic.

• Key prospects include Welwitschia Deep (881 MMbbls mean) and Marula (411 MMbbls mean), both drill-ready.

• Advanced farm-in negotiations underway to secure a partner for exploration and minimize capital outlay.

• Recent major discoveries in Namibia have de-risked the region and increased industry interest.