Announcement PDF Annual Report 2026 talismanmining.com.au for the year ended 30 June 2026 ASX: TLM | ABN 71 079 536 495 2 I Talisman Mining Limited Corporate Directory Directors Mr Kerry Harmanis | Non-Executive Chairman Mr Todd Ross | Managing Director (Appointed 20 August 2026)* Mr Andrew Munckton | Managing Director (Retired 20 August 2026) Mr Jeremy Kirkwood | Non-Executive Director Mr Brian Dawes | Non-Executive Director Mr Mark Cossom | Non-Executive Director (Appointed 20 August 2026) Mr Peter Benjamin | Non-Executive Director (Retired 20 August 2026) * Mr Ross was appointed as Chief Executive Officer effective 1 June 2026 and subsequently appointed as Managing Director upon the retirement of Mr Munckton. Company Secretary Mr Alex Neuling Registered & Principal Office Ground Floor, Suite 1 33 Colin Street West Perth WA 6005 P: +61 8 9380 4230 www.talismanmining.com.au Auditors HLB Mann Judd Level 4, 130 Stirling Street Perth WA 6000 P: +61 8 9227 7500 Share Registry MUFG Corporate Markets Level 12, QV1 Building 250 St Georges Terrace Perth WA 6000 P: +61 8 9262 6700 Securities Exchange Listing Australian Securities Exchange Limited Level 40, Central Park 152-158 St Georges Terrace Perth WA 6000 ASX Code: TLM Annual Report 2026 I 3 Contents Letter from the Chairman 4 Review of Operations 6 Directors’ Report 19 Remuneration Report 26 Consolidated Entity Disclosure Statement 32 Auditor’s Independence Declaration 33 Independent Auditor’s Report 34 Consolidated Financial Statements 38 Notes to the Consolidated Financial Statements 42 Directors’ Declaration 64 Additional Securities Exchange Information 65 4 I Talisman Mining Limited Letter from the Chairman I am pleased to present Talisman’s 2026 Annual Report and to reflect on what I believe is the start of an important new chapter for the Company. Our exploration work in New South Wales continued to advance on multiple fronts during the year, with the most encouraging development being the emerging gold opportunity at Sheepyard within our Walkers Hill Project. Drilling at Sheepyard has now outlined broad zones of shallow gold mineralisation over an unconstrained strike length of approximately 800 metres. Importantly, this mineralisation sits around the margins of a substantial IP chargeability anomaly, the main body of which remains largely untested. There is still a great deal of work to be done, but Sheepyard has developed into a genuine exploration opportunity which warrants further systematic drilling. We also generated encouraging results at East Peak Hill, where maiden air-core drilling has identified both gold and pathfinder anomalism and a separate copper-cobalt-gold system, providing several targets for follow-up exploration. With the support of expert independent consultants, we also initiated a detailed review of the base metal discoveries we made last year at Durnings and Rip N Tear in order to establish a potential pathway towards value realisation, while also re-evaluating our broader NSW portfolio. During the year, Talisman received $3.858 million from its Wonmunna Iron Ore royalty, taking cumulative receipts since production commenced to approximately $35.3 million. This royalty has been an outstanding asset for Talisman, providing substantial non-dilutive funding for exploration over a number of years. While current operations at Wonmunna have wound down, Talisman retains its royalty interest should production recommence in future. Importantly, we also refreshed the leadership of the Company. Todd Ross joined Talisman as CEO in June and was appointed as Managing Director in August following the retirement of Andrew Munckton. I have thoroughly enjoyed working with Todd in recent months, as he brings fresh energy, ideas and vitality to the business, drawing on his experience in corporate finance, capital markets and business development across the Australian mining industry. Todd has a clear mandate to advance our existing exploration portfolio while pursuing new project opportunities capable of materially enhancing the scale and value of the Company. Dear fellow Shareholder, Annual Report 2026 I 5 I also welcome Mark Cossom, who recently joined the Board, bringing valuable geological, operational and corporate experience. I would like to take this opportunity to thank both Andrew and Peter Benjamin for their strong contribution to Talisman following their retirement in August. Subsequent to financial year-end, we secured commitments for a $4.0 million capital raising, which was our first in more than a decade. The strong support received from institutional and sophisticated investors, together with the strong commitment from your Board was pleasing and reflects our confidence in the Company’s strategy and the opportunities ahead. The additional funding provides Talisman with the capacity to accelerate exploration in NSW while actively pursuing new business development and growth opportunities, with a particular focus on gold in Western Australia. Our objective is simple: to deploy shareholders’ capital carefully and pursue opportunities capable of generating substantial value. As Talisman’s largest shareholder, I remain strongly aligned with that objective and optimistic about what lies ahead. On behalf of the Board, I thank our shareholders for their continued support and patience. There is plenty of work ahead of us, but I believe we now have the team, the projects and the financial capacity to make the most of the opportunities in front of us. Yours faithfully, Kerry Harmanis Chairman 6 I Talisman Mining Limited Review of Operations Overview During the 2026 financial year (FY2026), Talisman Mining Limited (Talisman or the Company) systematically advanced its extensive portfolio of gold and copper-gold exploration assets in the Lachlan Fold Belt of New South Wales, delivering encouraging results from early-stage exploration at the Walkers Hill Gold Project and East Peak Hill Project. A key focus during the year was the Sheepyard Prospect, part of the broader Walkers Hill Gold Project. A series of Reverse Circulation (RC) and Air-core (AC) drilling programs progressively expanded the footprint of shallow gold mineralisation at Sheepyard and provided important new geological information on the scale and orientation of the mineralised system. Results from these programs have outlined broad zones of shallow gold mineralisation over a currently unconstrained strike length of approximately 800m. Importantly, this mineralisation is interpreted to be associated with the margins of a significant Induced Polarisation (IP) chargeability anomaly, with the main body of the anomaly yet to be definitively tested by drilling. Exploration also advanced at the Company’s East Peak Hill Project within the highly prospective Junee-Narromine Volcanic Belt, approximately 10km south-east of the Tomingley Gold Operations. A maiden 5,546m AC drilling program identified anomalous gold and pathfinder geochemistry in a geological position interpreted to have similarities to nearby Tomingley mineralisation, as well as a separate broad zone of anomalous copper-cobalt-gold mineralisation further south. A follow-up Phase 2 AC drilling program commenced during the June 2026 Quarter. At the Yarindury Project within the Macquarie Arc, Talisman completed a 2-hole, 930m mud rotary and diamond drilling program to test buried Induced Polarisation-Magnetotelluric (IP-MT) geophysical anomalies considered prospective for porphyry-style copper-gold mineralisation. While the drilling did not return significant copper or gold intersections, geological and alteration information generated by the program has added to the Company’s understanding of this under-explored, under-cover portion of the Molong Volcanic Belt. During FY2026, Talisman received $3.858 million in royalty payments from the Wonmunna Iron Ore Mine in Western Australia, where the Company holds an uncapped 1% gross revenue royalty on all metals produced and sold. As previously foreshadowed, production from the current Wonmunna operation progressively declined during the year as Mineral Resources Limited transitioned Pilbara Hub ore supply towards its Lamb Creek operation. Talisman finished FY2026 with cash of $3.09 million and an investment in Novo Resources Corp valued at approximately $165K. The Company also continued to actively review potential new growth opportunities during the year. This strategic focus was enhanced with the appointment of experienced resources and finance executive Todd Ross as Chief Executive Officer, effective from 1 June 2026. Subsequent to the end of the financial year, Mr Ross was appointed Managing Director following the retirement of Andrew Munckton. In addition, experienced geologist and mining executive Mark Cossom joined the Board as a Non-Executive Director and long-serving Non-Executive Director Peter Benjamin retired from the Board. These changes position Talisman with a complementary mix of geological, operational, corporate, capital markets and commercial expertise as it continues to advance its NSW exploration portfolio while actively assessing broader opportunities to grow and enhance its asset base. Annual Report 2026 I 7 Lachlan Fold Belt Projects – NSW Talisman holds an extensive portfolio of highly prospective exploration tenure across the Lachlan Fold Belt in central New South Wales. The Company’s tenure includes the Walkers Hill Gold Project, which covers a consolidated land package extending over approximately 90km of strike and encompasses a number of prospective mineralised litho-structural domains. Exploration activity during FY2026 increasingly focused on the emerging gold opportunity at Sheepyard, where systematic RC and AC drilling continued to build on historical exploration and the comprehensive geological, geochemical and geophysical review undertaken by Talisman during FY2025. Walkers Hill Gold Project The Walkers Hill gold trend is a significant regional-scale geochemical feature located along the interpreted contact between the Erimeran Granite and the Ordovician-age Girilambone metasediments. Within this broader trend, the Sheepyard Prospect has emerged as the principal focus for exploration following the identification of extensive gold and arsenic soil anomalism, historical shallow gold intersections and a significant underlying IP chargeability anomaly. The Sheepyard Prospect forms the southern part of an approximately 5.5km-long, north-west trending gold-in-soil anomaly (>25ppb Au). Surface mapping and drilling indicate that gold mineralisation is associated with sheared, veined and locally brecciated quartz-pyrite alteration zones within the Girilambone metasediments. Gold mineralisation is also associated with anomalous arsenic, antimony and tungsten, a geochemical association consistent with orogenic-style gold sulphide mineralisation. Figure 1: Talisman’s Lachlan Projects, which covers the Mineral Hill-Canbelego Volcanic Belt (MHCVB), shown on a regional TMI Airborne Magnetic image. High-grade base metals and copper-gold deposits in the belt include CSA, Peak, Hera, Federation and Mineral Hill. Figure 2: Regional Location Plan of Walkers Hill Project 8 I Talisman Mining Limited Initial RC drilling During the September 2025 Quarter, Talisman completed an initial five-hole, 857m RC drilling program at Sheepyard. The program was designed to test both the near-surface gold mineralisation identified by historical drilling and the significant IP chargeability anomaly located below the mineralised positions. Four of the five RC holes intersected broad zones of gold mineralisation, with significant results including: • SYRC0001: 10m at 0.36g/t Au from 22m and 41m at 0.29g/t Au from 162m; • SYRC0002: 16m at 0.38g/t Au from 124m, including 4m at 0.99g/t Au; • SYRC0003: 42m at 0.44g/t Au from 4m, including 8m at 0.85g/t Au; and • SYRC0004: 24m at 0.58g/t Au from 124m, including 14m at 0.86g/t Au. The drilling confirmed the presence of both shallow and deeper gold mineralisation. Near-surface mineralisation was associated with quartz veining within broad north-east trending structural positions, while deeper mineralisation intersected in SYRC0001, SYRC0002 and SYRC0004 was associated with thin quartz veining and disseminated pyrite and was broadly coincident with the interpreted position of the IP chargeability feature. These results provided further evidence of a potentially extensive mineralised system and supported follow-up drilling to test other higher-tenor gold-in-soil trends within the Sheepyard area. Phase 1 Air-core drilling Following the encouraging RC results, Talisman completed 49 air-core holes for 2,229m during November 2025, comprising two drill lines spaced approximately 200m apart across the southern portion of the Sheepyard geochemical trend. The program was designed primarily to test higher-tenor soil anomalies and better define the geometry and grade distribution of near-surface oxide gold mineralisation ahead of deeper drill testing. The drilling intersected a broad zone of gold mineralisation on the Western Line and a smaller zone on the Eastern Line, with mineralisation encountered across several consecutive holes. Significant results included: • SYAC0040: 6m at 0.63g/t Au from 54m to end-of-hole; • SYAC0041: 9m at 1.05g/t Au from 30m; • SYAC0042: 15m at 0.26g/t Au from 6m; • SYAC0043: 15m at 1.10g/t Au from surface, including 6m at 1.95g/t Au; • SYAC0044: 21m at 0.38g/t Au from surface; • SYAC0022: 6m at 0.47g/t Au from 39m to end-of-hole; and • SYAC0024: 6m at 0.69g/t Au from 21m. Drilling on the Western Line outlined a broad zone of near-surface gold mineralisation containing a coherent higher-grade zone across five consecutive holes. The higher-grade portion extended over approximately 60m, with true width not known, and was interpreted to correspond with altered, quartz-veined, pyrite-rich and sheared sediments within a north-east to south-west trending structural position. The results represented an important step forward in the understanding of Sheepyard, demonstrating that the extensive surface geochemical anomaly contains coherent zones of near-surface mineralisation grading above 1.0g/t Au. Figure 3: Sheepyard Prospect AC drilling plan view. Arsenic (As) in soil contoured results indicating a NE-SW trend to the surface expression of mineralisation. Broad zones of near-surface gold mineralisation were intersected in both the Western and Eastern line of AC drilling with selected holes of higher-grade gold mineralisation. True width of mineralisation is not known. Annual Report 2026 I 9 Phase 2 Air-core drilling Based on the results of the initial AC program, Talisman completed a further 1,657m of AC drilling during the latter part of FY2026. Results received subsequent to the end of the financial year confirmed that this phase of drilling continued to intersect broad zones of shallow gold mineralisation, extending the known mineralised system over a currently unconstrained strike length of approximately 800m. Significant results included: • SYAC0085: 9m at 0.94g/t Au from 42m, including 6m at 1.28g/t Au; • SYAC0088: 15m at 0.55g/t Au from 3m, including 9m at 0.67g/t Au, and 15m at 0.46g/t Au from 30m, including 3m at 0.97g/t Au; • SYAC0082: 12m at 0.68g/t Au from 21m, including 9m at 0.78g/t Au to bottom-of-hole; • SYAC0083: 12m at 0.47g/t Au from 6m, including 3m at 0.82g/t Au; • SYAC0059: 9m at 0.57g/t Au from 18m, including 3m at 1.02g/t Au; • SYAC0064: 9m at 0.54g/t Au from 12m, including 3m at 0.88g/t Au; and • SYAC0067: 9m at 0.38g/t Au from 30m, including 3m at 0.54g/t Au. Importantly, the emerging mineralised footprint is interpreted to broadly coincide with the margins of the IP chargeability anomaly previously generated by Talisman. The main IP chargeability anomaly remains largely untested, providing a priority target for deeper drilling. Taken together, the RC and AC programs completed during FY2026 have significantly advanced Talisman’s understanding of Sheepyard and demonstrated the presence of an extensive gold mineralised system. Further exploration is expected to comprise additional AC drilling to expand the near-surface mineralised footprint, together with RC drilling to provide a more definitive test of the IP chargeability anomaly at depth. The broader Walkers Hill trend remains significantly under-explored, providing scope to identify additional mineralised positions along the extensive regional geochemical trend. Figure 4: Sheepyard Prospect western line of AC drilling - cross section 479050E looking east. A zone of higher-grade gold mineralisation, approximately 60m wide at surface, is indicated by the near-surface intersections in holes SYAC00040 to SYAC0044 within a broad zone of low-grade gold mineralisation. High-grade intersections include 15m at 1.10g/t Au from surface in SYAC00043 and 9m at 1.05g/t Au from 30m in SYAC0041are highlighted. Assaying is by 3m composite sample. True width of mineralisation is not known. 10 I Talisman Mining Limited Figure 5: Cross Section through Sheepyard Prospect cut on IP Survey Line 1 - Drilling intersections from this phase are in red with previous drilling in orange. Figure 6: Oblique Long section through Sheepyard Prospect with modelled and projected IP chargeability - Drilling intersections from this phase are in red with previous drilling in orange. Annual Report 2026 I 11 Macquarie Arc Projects – NSW Talisman holds a significant portfolio of exploration tenure within the Macquarie Arc of central-western New South Wales. The Macquarie Arc is one of Australia’s premier gold and copper-gold mineral provinces and hosts major operating mines and deposits including Cadia, Northparkes, Cowal, Boda-Kaiser and Tomingley. During FY2026, Talisman undertook significant exploration programs at both the East Peak Hill and Yarindury Projects. East Peak Hill Gold-Copper Project The East Peak Hill Project (EL 9395) is located in the Junee-Narromine Volcanic Belt of the Macquarie Arc, approximately 10km south-east of the Tomingley Gold Operations. Talisman considers East Peak Hill prospective for orogenic shear-hosted gold, high-sulphidation epithermal gold and porphyry- style copper-gold mineralisation. Following initial auger drilling, which demonstrated that transported cover was deeper than anticipated across portions of the project, Talisman transitioned to AC drilling to systematically test the interpreted prospective geological trend. Phase 1 Air-core drilling During FY2026, Talisman completed a maiden 5,546m, 95-hole air-core drilling program across seven drill lines at East Peak Hill. The program tested approximately 4.5km of interpreted intrusive rocks within the highly prospective Junee-Narromine Volcanic Belt. On Line 2, drilling intersected a zone of sericite-carbonate alteration with anomalous gold, silver, arsenic and antimony on the eastern contact between the Mingelo Volcanics and Cotton Formation sediments. Significant results included: • EPAC0001: 9m at 0.22g/t Au, 837ppm As and 50ppm Sb; and • EPAC0003: 9m at 0.67g/t Au, 1,582ppm As and 62ppm Sb, including 3m at 1.75g/t Au, 3,030ppm As and 107ppm Sb. The style of alteration, geochemical association and structural position observed on Line 2 was considered encouraging given its similarities with the geological setting of mineralisation at the nearby Tomingley Operations. Further south, drilling on Line 7 intersected a broad, approximately 350m-wide zone of anomalous copper-cobalt- zinc-gold mineralisation adjacent to a large de-magnetised geophysical target. Significant results included: • EPAC0064: 21m at 460ppm Cu, 507ppm Co and 289ppm Zn; and • EPAC0084: 16m at 400ppm Cu, 360ppm Co and 150ppm Zn, including 3m at 0.21g/t Au, 0.11ppm Ag, 513ppm As, 400ppm Cu, 679ppm Co and 100ppm Zn. The results identified two distinct areas warranting further exploration – the anomalous gold-arsenic-antimony trend on Line 2 and the broader copper-cobalt-gold geochemical system associated with Line 7. Phase 2 Air-core drilling A follow-up program comprising 4,500m of air-core drilling commenced in May 2026. The program was designed to extend the mineralised trends identified in the maiden program and test additional geophysical targets across up to nine drill lines, including extensions to Lines 3 and 4 where prospective positions could not be fully tested during the initial program because of wet weather and temporary landholder access restrictions. Drilling was subsequently paused because of unfavourable weather conditions. The results generated from Phase 1 have provided Talisman with a significantly improved geological and geochemical framework for East Peak Hill and established a number of priority areas for systematic follow-up exploration. Figure 7: The recent and proposed AC drilling program at East Peak Hill over regional magnetics and structural interpretation. Red colours highlight strong magnetic features which are interpreted as andesitic and or mafic intrusions. Recent AC drilling (red dots) has highlighted anomalous pathfinder elements on Line 2 and Line 7. 12 I Talisman Mining Limited Yarindury Porphyry Copper-Gold Project The Yarindury Project (EL 9679) is located approximately 30km north-east of Dubbo within the Molong Volcanic Belt of the Macquarie Arc. The project lies along the same prospective geological corridor as the Boda-Kaiser copper-gold system approximately 20km to the south-east, with the Cadia copper-gold operation located approximately 100km along strike to the south. The project is largely concealed beneath younger cover, making modern geophysical techniques an important component of Talisman’s exploration strategy. During July 2025, Talisman completed a three-line, approximately 13km combined Induced Polarisation- Magnetotelluric (IP-MT) ground geophysical survey at the Yarindury East Prospect. The survey identified several chargeability features, two of which were prioritised as potential targets for buried porphyry-style copper-gold mineralisation. During late 2025 and early 2026, Talisman completed two mud rotary and diamond drill holes, YRMRD0002 and YRMRD0003, for a total of 930.6m. The drilling was designed to provide an initial test of the two priority IP-MT anomalies, both of which sit beneath approximately 200m of cover. Assay results from both holes were received during the March 2026 Quarter, with no significant copper or gold intersections encountered. Core from the drilling has subsequently been characterised for alteration studies to enhance the Company’s understanding of the geological setting and provide potential vectors towards other prospective exploration positions within the broader Yarindury system. Gawler Craton – South Australia Mabel Creek IOCG Project Talisman holds 100% of the Mabel Creek Project, comprising approximately 1,048km² of tenure around 30km west of Coober Pedy in South Australia. The Project covers post-mineral concealed portions of the Northern Gawler Craton across the Nawa Domain and Mount Woods-Coober Pedy Ridge Complex and is considered prospective for Iron Oxide Copper-Gold (IOCG) mineralisation. Talisman completed a three-hole, 1,367m diamond drilling program during FY2025, which intersected basement at depths of approximately 205m to 305m and identified variable hydrothermal alteration, including a broad alteration zone with elevated molybdenum and rare earth elements in MCMRD002. Talisman continued to assess the broader project area and the significance of these geological observations during FY2026 while prioritising exploration expenditure towards the more advanced opportunities within its NSW portfolio. The Company retains three granted exploration licences covering the Mabel Creek Project. Annual Report 2026 I 13 Corporate Wonmunna Iron Ore Royalty Talisman holds an uncapped 1% gross revenue royalty on all metals produced and sold from the Wonmunna Iron Ore Mine in the Pilbara region of Western Australia. Wonmunna is owned and operated by Mineral Resources Limited and has formed part of the ore supply to its broader Pilbara Hub operations. During FY2026, Talisman received a total of $3.858 million in royalty payments from Wonmunna. Royalty receipts progressively reduced during the year as the contribution of Wonmunna ore to Pilbara Hub production declined. Mineral Resources commenced transitioning Pilbara Hub ore supply from Wonmunna to Lamb Creek during FY2026, with first ore production from Lamb Creek commencing during the June 2026 Quarter. As previously foreshadowed, current operations at Wonmunna have wound down, however Talisman retains its royalty interest should production re-commence in future. Since production commenced at Wonmunna in March 2021, Talisman has received approximately $35.3 million in cumulative royalty payments. The Wonmunna royalty has provided Talisman with an important source of non-dilutive funding over a number of years, enabling the Company to maintain an active exploration program while preserving a strong capital structure. Project Portfolio Management Talisman continued to actively manage and rationalise its exploration portfolio during FY2026 to focus expenditure on opportunities considered to offer the strongest potential to generate shareholder value. During the June Quarter, the Company divested its 51% ownership of the Lucknow Joint Venture and its 51% interest in EL 6455 to Gold and Copper Resources Pty Ltd, a company associated with Lucknow Gold Limited, the existing 49% owner of the Joint Venture and EL 6455. Talisman received $35,000 cash consideration for the divestment and retained a 1% Net Smelter Return royalty over minerals produced from the tenement. New Project and Growth Opportunities Throughout FY2026, Talisman continued to review potential new mineral growth opportunities in Australia and elsewhere. The Company’s business development strategy is focussed on identifying value-accretive and consolidation opportunities, with a particular emphasis on gold opportunities in Western Australia that have the potential to provide Talisman with greater scale and a clear pathway to shareholder value creation. In parallel, Talisman undertook an extensive external review of its NSW exploration portfolio with highly regarded geological consultants Omni GeoX. This review was designed to ensure the Company’s exploration strategy and expenditure remain focused on the opportunities considered to offer the greatest potential for meaningful discovery and value creation in the near term. This strategic focus was enhanced during the June 2026 Quarter with the appointment of experienced resources and finance executive Todd Ross as Chief Executive Officer, effective 1 June 2026. Mr Ross has extensive experience spanning the resources industry, corporate finance, business development and capital markets. He previously served as Managing Director of DevEx Resources and Nordic Resources Ltd, and before entering the junior resources sector held senior banking positions with BNP Paribas, including Managing Director, Head of Western Australia and Head of Metals & Mining. His appointment formed part of a planned leadership succession designed to provide an orderly transition from outgoing Managing Director Andrew Munckton. Subsequent Board and Leadership Changes Subsequent to the end of FY2026, Talisman completed the next stage of its leadership transition. On 20 August 2026, Todd Ross was appointed to the Board as Managing Director following completion of the planned handover period and the retirement of Andrew Munckton from the Board. Mr Munckton retired following three years at Talisman’s helm and a distinguished career spanning more than four decades in the Australian mining and exploration industry. Long-serving Non-Executive Director Peter Benjamin also retired from the Board after seven years to focus on his other business interests. During his tenure, Mr Benjamin provided significant technical and commercial experience and continuity through an important period in Talisman’s development. At the same time, highly experienced geologist and mining executive Mark Cossom was appointed as a Non-Executive Director. Mr Cossom has extensive experience spanning mineral exploration, mining operations and the management and governance of ASX-listed resource companies. He was a key member of the team that helped transform Doray Minerals from a junior explorer into an ASX-300 gold producer, holding a number of senior positions including General Manager – Geology and Exploration prior to its takeover by Silver Lake Resources. More recently, he held senior leadership positions with Gateway Mining, including Managing Director, where he led the company’s exploration and corporate strategy. 14 I Talisman Mining Limited The Board changes provide Talisman with a complementary combination of geological, mining, operational, corporate, financial and capital markets expertise as the Company enters its next phase. Under the leadership of Managing Director Todd Ross, Talisman’s strategic priorities are focused on continuing to advance and unlock the potential of its NSW exploration portfolio – particularly the emerging gold opportunity at Sheepyard and the promising exploration targets at East Peak Hill – while actively pursuing high-quality business development and acquisition opportunities capable of delivering meaningful value for shareholders with a particular focus on gold opportunities in Western Australia capable of providing greater scale and a clear pathway to value creation. Competent Persons’Statement Information in this report that relates to Exploration Results and Exploration Targets is based on, and fairly represents, information and supporting documentation compiled by Mr Peter Langworthy, who is a Member of the Australasian Institute of Mining and Metallurgy (AusIMM). Mr Langworthy is a technical consultant to Talisman Mining L