Mayur Resources : Renewables Webinar Presentation

Disclaimer

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This presentation has been prepared by Mayur Resources Limited ARBN 619 770 277 ("Mayur" or the "Company").

The information contained in this presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. Please note that, in providing this presentation, Mayur has not considered the objectives, financial position or needs of any particular recipient. Mayur strongly suggests that investors consult a financial advisor prior to making an investment decision. It may not be reproduced, disseminated, quoted or referred to, in whole or in part, without the express consent of Mayur.

No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of Mayur, its related bodies corporate, shareholders or respective directors, officers, employees, agents or advisors, nor any other person accepts any liability, including, without limitation, any liability arising out of fault or negligence for any loss arising from the use of information contained in this presentation.

This presentation includes "forward looking statements" within the meaning of securities laws of applicable jurisdictions. Forward looking statements can generally be identified by the use of the words "anticipate", "believe", "expect", "project", "forecast", "estimate", "likely", "intend", "should", "could", "may", "target", "plan" "guidance" and other similar expressions. Indications of, and guidance on, future earning or dividends and financial position and performance are also forward-looking statements. Such forward-looking statements are not

guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Mayur and its officers, employees, agents or associates, that may cause actual results to differ materially from those expressed or implied in such statement. Actual results, performance or achievements may vary materially from any projections and forward looking statements and the assumptions on which those statements are based. Readers are cautioned not to place undue reliance on forward looking statements and Mayur assumes no obligation to update such information. Specific regard (amongst other things) should be given to the risk factors outlined in this presentation.

This presentation is not, and does not constitute, an offer to sell or the solicitation, invitation or recommendation to purchase any securities and neither this presentation nor anything contained in it forms the basis of any contract or commitment.

Non‐IFRS Measures - the Company supplements its financial information reporting determined under International Financial Reporting Standards (IFRS) with certain non‐IFRS financial measures, including cash operating costs, All‐In Sustaining Cost, EBITDA, NPV, IRR and project payback. The Company believes that these measures provide additional meaningful information to assist management, investors and analysts in understanding the financial results and assessing our prospects for future performance.

About Mayur

Renewables

onlyMayur Renewables is a wholly wned subsidiary of Mayur Resources.

useD v loping a portfolio of opportunities that will enable the de-carbonisation of Mayur's flagship projects and provide significant surplus green energy and nature based carbon credits to serve the

massive demand for renewables and the ersonalr ce to net zero

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Mayur Renewables has three key focus areas:

• Nature Based offsets are projects that protect, transform or restore land in a way that captures and stores more carbon. These projects can lead to the marketing, trading, and sale of carbon credits REDD refers to mechanisms negotiated under the UNFCCC process to reduce emissions from deforestation and forest degradation in developing countries. An initiative to cut greenhouse gas emissions associated with forest clearing by the inclusion of "voided deforestation" in carbon market mechanisms. More simply, payment in return for the active preservation of existing forests.

Renewables Strategy

onlyMayur Renewables has been established to: 1) directly assist in the delivery of

Mayur's nation building projects in PNG by providing a lower carbon footprint and pathway to net-zero

use2) align with broader ESG commitments and respond to needs of future downstream customers

3) provide standalone renewables

opportunities in the race to ersonal

decarbonize and achieve net-zero

Nature based Carbon Forestry offsets

Solar

Geothermal

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Developing a renewables portfolio in PNG

CENTRAL CEMENT & LIME PROJECT