Announcement PDF Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 1 BUILDING A DIVERSIFIED GOLD AND CRITICAL MINERALS COMPANY CÔTE D’IVOIRE GOLD | BLUE LAGOON RARE EARTH ELEMENTS INVESTOR PRESENTATION | FEBRUARY 2026 INDABA MINING CONFERENCE PRESENTATION DALAROO METALS LIMITED (ASX:DAL) IMAGE: SOUTH GREENLAND Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 2 IMPORTANT NOTICE & DISCLAIMER DISCLAIMER The information contained in this Presentation and all other information provided (whether in writing or otherwise) is confidential and has been prepared to assist the recipient in evaluating the business and prospects of Dalaroo Metals Ltd (”Dalaroo” or the Company). No representation, warranty or undertaking, express or implied, is made and no responsibility is accepted by Dalaroo as to the accuracy, currency or completeness of any part of this Presentation or any further information supplied by or on behalf of Dalaroo in connection with Dalaroo. Nothing contained in this Presentation or any other written or oral communication transmitted or made available to the recipient is, or shall be relied upon as, a promise or representation and no representation or warranty is made as to the accuracy or attainability of any technical or financial information set out in this document. Recipients must make their own investigations and inquiries regarding all assumptions, risks, uncertainties and contingencies which may affect the future operations of Dalaroo. Dalaroo does not accept liability for any loss or damage suffered or incurred by the recipient or any other person however caused (including negligence) relating in any way to this Presentation, including, without limitation, the information contained in it, any errors or omissions however caused, or the recipient or any other person placing any reliance on this Presentation, its accuracy, completeness, currency or reliability. Dalaroo does not accept any responsibility to inform the recipient of any matter arising or coming to its notice which may affect any matter referred to in this Presentation. Dalaroo has not authorised any person to make any statements or representations, which are not expressly contained in this Presentation. To the maximum extent permitted by law, any liability of Dalaroo to a recipient or to any other person arising out of this Presentation is expressly disclaimed and excluded. This report may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning the planned exploration program and other statements that are not historical facts. When used in this report, the words "could", "plan", "estimate", "expect", "intend", "should" and similar expressions are forward-looking statements. Although Dalaroo believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements. The statements and information contained in this report are not investment or financial product advice and not intended to be used by persons in deciding to make an investment decision. In releasing this report, Dalaroo has not considered the objectives, financial position or requirements of any particular recipient. Accordingly, potential investors should obtain financial advice from a qualified financial advisor prior to making an investment decision. COMPETENT PERSON STATEMENT The information in this report that relates to exploration results is based on information compiled by John Morgan, a Member of the Australasian Institute of Mining and Metallurgy (AusIMM) and the CEO of Dalaroo Metals Ltd. Mr Morgan has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity undertaken to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). Mr Morgan consents to the inclusion in this report of the matters based on this information in the form and context in which it appears. This presentation includes exploration results from the Blue Lagoon Project in Greenland, the Bondoukou and Bongouanou Projects in Côte d’Ivoire, and the Namban and Lyons River Projects in Western Australia is Extracted from the ASX Announcements: 23 January 2026 - Dalaroo Fast-Tracks 2026 Exploration at Blue Lagoon 16 January 2026 - Sampling Reveals District Scale Critical Minerals- Greenland 22 December 2025 - Cote d Ivoire Acquisition Due Diligence Progress Report 15 October 2025 - Dalaroo to Acquire Advanced Gold Project in Cote d Ivoire 12 June 2025 - Dalaroo to Acquire Advanced Gold Project – Updated 31 October 2024 - Diamond Drilling Confirms Lead Zinc Prospectivity Updated 30 October 2024 - Diamond Drilling Confirms Lead Zinc Prospectivity at Browns 9 October 2024 - EIS Co-Funded Diamond Drilling Commencing at Goodbody These announcements are available to view on the Company's website (www.dalaroometals.com.au). The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcements and that all the material assumptions and technical parameters continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original market announcement. This presentation has been authorised for release by the Board of Directors Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 3 CAPITAL STRUCTURE & BOARD OF DIRECTORS John Morgan Chief Executive Officer Mr Morgan is an accomplished mining and exploration executive with more than 18 years of experience across Western Australia’s gold, nickel and base metals sectors. He has held senior operational, geological and exploration leadership roles with companies including Focus Minerals, Westgold Resources and Panoramic Resources, where he contributed to significant resource growth, mine optimisation and exploration program advancement across multiple production and development assets. Bilal Ahmad Non-Executive Director Mr Ahmad is an accomplished investor with an extensive 15-year track record of strategic investments in ASX-listed companies and private ventures. His focus spans the resources, technology, and life science sectors, where he has consistently deployed capital to support growth and innovation of emerging companies. SHARES ON ISSUE Top 20 Shareholders (69%) Remaining Shareholders (31%) 331m Shares on issue 10.3% Held by Directors 69.5% Top 20 Shareholders 30.5% Remaining Shareholders Joshua Gordon Non-Executive Director Mr Gordon is an experienced corporate finance professional who has raised capital for many small and emerging resource and energy companies on the ASX. Mr Gordon is well versed in all facets of the Equity Capital Market transaction lifecycle with deep experience in transaction origination, structuring, execution and distribution. Mr Gordon is also a Non-Executive Director of Critical Resources Ltd, and a former Non- Executive Director of Traka Resources Limited, former director at Advanced Metals Ltd. Tim Wither Non-Executive Director Mr Wither has over 20 years of experience in the global resource sector. Tim has held senior leadership and strategic roles across Australia, India, Africa, and South America. Mr. Wither recently served as Managing Director of Maximus Resources Ltd (ASX: MXR), where he oversaw the company's strategic growth initiatives and exploration programs, including a US$3m lithium Joint Venture with the Korean government agency KOMIR and a non-binding MOU with global battery manufacturer LG Energy Solution. ASX-DAL $24.4m Market Cap (Share Price $0.074 23 Jan 2026) 331m Total Shares 208m Share Options Plus 43.8m of Performance Options ~$1.5m cash on hand for exploration Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 4 POSITIONED IN PROVEN JURISDICTIONS. FOCUSED ON DISCOVERY. BUILT FOR GROWTH. Blue Lagoon - REE Bongouanou -Au Greenland • Blue Lagoon Rare Earth Elements (REE) • Project Large, underexplored alkaline system • Targeting strategic critical minerals supply Côte d’Ivoire • Bongouanou Gold Project • Highly prospective Birimian greenstone belt • Four additional projects under agreement Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 5 Building a Portfolio of Strategic Mineral Projects in Secure, Conflict-Free Jurisdictions ADVANCING GOLD AND RARE EARTH PROJECTS IN SECURE JURISDICTIONS Greenland Zirconium (Zr) + Rare Earth Elements (REE) • Elevated Zr + REE returned from maiden sampling program at Blue Lagoon • Potential new, highly prospective critical metals district in Greenland • Fast-tracked follow-up exploration and development work to commence immediately Cote d’Ivoire Gold • Multi-project portfolio with five projects in a highly prospective gold jurisdiction • Underexplored area with exposure to a highly sought after and unexplored jurisdiction of Cote D’Ivoire • Geological team commenced technical review with initial exploration programs in development IMAGE: BLUE LAGOON PROJECT Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 6 Critical Minerals like Hafnium (Hf) store significantly more electrical charge than traditional Silicon based semiconductors, vital for supercharging the next-generation microchips and semiconductors WHY CRITICAL MINERALS? Powering: • Artificial Intelligence (AI) • Electric and Hybrid Vehicles • Consumer Electronics • Medical Devices • Robotics Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 7 Trade Tensions: Chinese export bans on rare earths underscore vulnerability in U.S. supply chains U.S. Critical Minerals List: U.S. places REE on critical mineral list commencing strategic stockpiling programs, price floor mechanisms and capital investment Greenland in Focus: President Trump has identified Greenland as a strategic site for security and critical minerals GEOPOLITICAL TAILWINDS FOR CRITICAL MINERALS Semiconductors, AI, supply chains and critical minerals sovereignty are the new battleground Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 8 GREENLAND: BLUE LAGOON PROJECT (ZR, NB, HF & REE) IMAGE: SOUTH GREENLAND Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 9 GREENLAND Greenland holds third highest REE reserves in Western world: Greenland has strategic importance given geopolitics, supply chain security and ethically sourced critical minerals Key Greenland REE project: 100% Dalaroo Metals ownership of Blue Lagoon Project (MEL 2022-07) completed in January 2026 Prime location: Situated within the Gardar Alkaline Province, a globally recognised geological belt prospective for ethically sourced critical minerals Figure: Map of southern Greenland showing project location and other relevant deposits Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 10 BLUE LAGOON PROJECT: LOCATION Figure: Location of the Blue Lagoon Project, South-West Greenland. REE rich location: Globally recognised geological belt prospective for zirconium (Zr), niobium (Nb) and rare earth element (REE) mineralisation Similar geology and historic anomalous geochemical footprint to major deposits: Kvanefjeld (ASX: ETM - Energy Transition Metals), Kringlerne/ Tanbreez (NASDAQ: CRML - Critical Metals Corp) and Motzfeldt (Stallion Resources) Positive location and logistics: Ice-free coastal location and beach-like deposits of weathered granitic rock provides logistical and cost advantages for separating bulk tonnage Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 11 BLUE LAGOON PROJECT: MAIDEN EXPLORATION RESULTS Figure: Shows location of samples taken during 2025 exploration season Emerging Critical Minerals System at Blue Lagoon: Maiden exploration program confirms presence of a broad mineralized system over >2.7km 100% of samples returned anomalous values: Exceptional high-grade Zirconium Oxide (ZrO2) – 4.42% and 4.03%, and Hafnium Oxide (HfO2) – 99ppm and 98ppm surface samples High grade REE results returned: Surface HREO enriched in Dysprosium (Dy2O3) and Terbium (Tb4O7) - 886ppm HREO, 752ppm HREO, and peak surface values up to 0.81% TREO with 29% MREO Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 12 BLUE LAGOON PROJECT: HAFNIUM (HF) • Hafnium is a critical semiconductor metal: Vital for the next-generation microchips and semiconductors • High market price: High Purity Hafnium oxide indicative sale price at A$16,297k • Strong Hf grades: across the entire 2.7km strike across project Sediment Sample Hafnium Oxide (HfO2) 26818D 98ppm 26817D 99ppm 26808D 82ppm 26806D 73ppm 26803D 62ppm 26820D 61ppm Figure: HfO2 Assay results at Blue Lagoon Project Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 13 BLUE LAGOON PROJECT: ZIRCONIUM (ZR) & NIOBIUM (NB) Zirconium (Zr) Outstanding Zirconium values: • Numerous samples exceeding 10,000 ppm Zr • Peak result of approximately 32,700 ppm Zr Zirconium enrichment confirms: • Abundant zircon-rich heavy mineral assemblages • Strong provenance from alkaline intrusive source rocks • Potential for both secondary placer-style accumulations, and primary hard-rock zirconium sources Sediment Sample Zirconium Oxide (ZrO2) 26818D 4.42% 26817D 4.09% 26808D 3.82% 26820D 3.58% 26803D 3.13% 26806D 2.85% Nobium (Nb) Highly anomalous Nobium results: • Typical values range between 400 and 1,000 ppm Nb • Peak value recorded of ~1,465 ppm Nb • Background crustal abundance is ~ 20 ppm Figure: Nb Assay Results from Blue Lagoon Project Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 14 BLUE LAGOON PROJECT: TREO1 • First-pass results confirm a highly anomalous REE system: Surface sampling at Blue Lagoon returned peak calculated TREO values of up to ~8,079 ppm (0.81% TREO), highlighting the strength of the mineralised system. • Results compare favourably on a global scale: The magnitude of TREO anomalism observed aligns with, and often exceeds, early- stage results from globally recognised alkaline-hosted REE systems, including those in Greenland. • Clear pathway for follow-up work: Dalaroo is planning detailed geochemistry, mineralogical studies and shallow drilling to better define the scale, continuity and source of the anomalism Figure: TREO Assay results in percentage at Blue Lagoon Project. 1. TREO values indicative only and not a Mineral Resource Estimate. Sediment Sample Total Rare Earth Oxide (TREO) 26824D 8,079 ppm 26801D 6,491 ppm 26824D 5,668 ppm 26823D 5,654 ppm 26818D 5,519 ppm Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 15 BLUE LAGOON PROJECT: NEXT STEPS Fast-track Blue Lagoon Project to high-impact targets through a structured and systematic exploration program designed to define the scale and continuity of mineralisation and generate drill-ready targets Targeted geophysics: Ground Penetrating Radar (GPR) Survey and Lagoon Depth Scanning Systematic geochemical follow-up and auger drilling Activities to define coherent mineralised zones and identify priority areas for accelerated advancement Strategic stakeholder engagement with Government of Greenland and relevant regulatory authorities Upstream Hard-Rock Sampling & In-field XRF to guide sampling programs Mineralogical and metallurgical sampling programs Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 16 COTE D’IVOIRE: 5 PROJECTS (GOLD) IMAGE: IVORY COAST Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 17 COTE D’IVOIRE Multi-project portfolio: Five projects' areas in a highly prospective jurisdiction In-country team: Includes a highly experienced Geologist Underexplored area: Exposure to a highly sought after and unexplored jurisdiction of Cote D’Ivoire ASX gold companies in Cote D’Ivoire: Include Perseus Mining (ASX: PRU), Turaco Gold (ASX: TCG), Many Peaks Minerals (ASX: MPK), African Gold (ASX: A1G) and Aurum Resources (ASX: AUE) Excellent infrastructure: Country well serviced with ports, roads and airports Figure: Country scale Map of Cote d'Ivoire showing projects in relation to known gold deposits Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 18 BONGOUANOU PROJECT (REFLEX) : LOCATION & GEOLOGY • Highly prospective mining region: Situated in the Birimian Greenstone Belt, West Africa • Richly Gold endowed: Long history of widespread artisanal gold mining, now recognised as a globally significant gold mining jurisdiction • Favourable mineralisation conditions: Recently opened gold mines proving the profitability of orogenic gold systems in Cote D’Ivoire • Strategic location: The Bongouanoa Project is located along the prolific gold endowed Sefwi- Come´ Shear. With numerous artisanal workings along related second order structures Figure: Bongoanou Gold Project, Cote d'Ivoire – geology and aeromagnetic Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 19 BONGOUANOU PROJECT (REFLEX) : SIGNIFICANT BASELINE GOLD RESULTS • Artisanal Workings: Long history of widespread artisanal gold mining with over 15 active sites identified. Rock chip sampling at these locations returned results greater than 70g/t Au. • Highly anomalous baseline data: mapping, gridded soils and rock chip data all returned extremely high gold values. With >50ppb anomalies spread over 16km X 10km area. • Geochemical Drilling: A 94-hole aircore program was conducted in 2021 that delineated 5 anomalous areas for follow-up diamond drilling. Results included 4m @ 9.24g/t Au. • Diamond Drilling: A 28-hole diamond drilling program was conducted in 2022 testing below anomalous aircore drill holes. Holes intersected wide, mineralized gold zones with best results including 17m @ 6.79g/t Au and 2m @ 60.47g/t Au*. * reference ASX announcement 10th of June 2025 Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 20 BONGOUANOU PROJECT (REFLEX) : HISTORICAL EXPLORATION RESULTS Figure: Plan showing gridded soil samples with >50ppb Au anomalies along with location of significant rock chip results Figure: Plan showing gridded soil samples with >50ppb Au anomalies along with location of significant drilling results Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 21 BONGOUANOU PROJECT (REFLEX) POTENTIAL LOW-COST PROCESSING Figure: Colluvial and alluvial weathering accumulations from granitic country rock surrounding Blue Lake. Source: Vendor Figure: Coarse crystal rich 'beach' at Blue Lake. Source: Vendor. Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 22 RED ROCK RESOURCES ACQUISITION Drill holes results from Kokoumbo KOD001 7.5m @ 16g/t Au from surface KOD002 7.5m @ 1.6g/t Au from surface KOD003 4.5m @ 1.3g/t Au from surface KOD005 7.5m @ 1.5 g/t Au from 12m KOD010 1.5m @ 14.9 g/t Au from 87m KOD014 3m @ 1.9 g/t Au from 39m KOD017 4.5m @ 4.22 g/t Au from 57 Project Status Djekanou Granted Yamoussoukro Granted Kokoumbo Application Molonou Application Total land package of purchase 1,368km2 Dalaroo entered into agreement to purchase from Red Rock Resources four projects in Cote d’Ivoire in various stages of application Of the four projects Kokoumbo is the most advanced with a few drill programs already completed on the project Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 23 KEY TAKEAWAYS Dalaroo Metals Limited (ASX:DAL) Diversified Commodity Exposure • Gold + Rare Earths + Critical Minerals Tier-1 & Emerging Jurisdictions • Greenland critical minerals • Côte d’Ivoire gold portfolio High-Impact Discovery Potential • Deposit-scale REE system at Blue Lagoon • Multiple gold targets with proven mineralisation Active Exploration & Near-Term Catalysts • Geophysics, geochemistry & drilling underway • Steady news flow and value-adding milestones Disciplined Growth Strategy • Capital-efficient exploration • Partnerships & staged investment • Focused on shareholder returns Dalaroo Metals Limited (ASX:DAL) | Investor Presentation | 24 CONTACT US: John Morgan CEO jmorgan@dalaroometals.com.au +61 410 774 319 www.dalaroometals.com.au ACN 648 476 699 FOR MORE INFORMATION : HTTPS://DALAROOMETALS.COM.AU/LINK/EODOYR IMAGE: SOUTH GREENLAND