Hycroft Mining Holding Corp — Hycroft two pager final Oct 2026 (company IR deck)

Hycroft Mining Holding Corp (HYMC) · 2 slides · Filed Oct 27, 2026

Every slide of this earnings presentation, with the text as published. Open the original deck ↗ · All HYMC deck slides

Slide 1 — UNLOCKING ONE OF

$1.6bn $4.3bn $10.0bn Current market cap Post-tax NPV at base case metal prices Post-Tax NPV at spot NASDAQ | HYMC Hycroft Mining is a U.S.-based gold and silver mining company exploring and developing the Hycroft Mine in northern Nevada. With the discovery of two new high-grade silver systems, the Company is accelerating exploration to expand these systems and unlock the full potential of this world-class asset and advance it toward production. 1. M&I is Measured and Indicated resources, combined leach + mill, Jan 2026 MRE. 2. See page 9 of the S-K 1300 Technical Report Summary and Initial Assessment for more details. 3. At Sept 30, 2026. 4. At Oct 19, 2026. 5. Post tax NPV at 5% discount rate $4.3B, assumes gold price of $3,600/oz, and silver price of $48/oz. $10B assumes spot as at May 2026. 6. Combined leach + mill, Jan 2026 MRE. AuEq and AgEq calculated based on Au of $3,600/oz and Ag $48/ Page 1 of 2 UNLOCKING ONE OF THE WORLD’S LARGEST PRECIOUS METALS DEPOSITS District Scale Opportunity in a Tier-1 Jurisdiction, Poised for the Next Chapter ADVANCING TOWARD THE OPTIMAL PATH TO PRODUCTION WHY INVEST IN HYCROFT? WORLD-CLASS SCALE Among the world’s largest precious metal deposits in a tier-1 jurisdiction ROBUST CAPITALIZATION Strong cash position and no debt — enabling discovery, strategic alliances and M&A MEANINGFUL LEVERAGE Significant leverage to gold and silver commodity prices DE-RISKED DEVELOPMENT Unlocking untapped potential with existing infrastructure, as well as existing permits EXPLORATION UPSIDE High-grade discoveries open in all directions; only 15% of 64,000 acre land package explored DIVERSE EXPERIENCE An expanded team and strengthen Board who have the experience to deliver LOCATED IN NEVADA Nevada is consistently ranked #1 in the Fraser Institute Investment Attractiveness Survey and leads the nation with the largest mining program in the lower 48 states. The world’s top mining jurisdiction 69% GOLD 31% SILVER HIGH-GRADE SILVER DOMAINS M&I1,2 BALANCE SHEET $211M cash & $0 debt3 1.8B AgEq6 or 24M AuEq6 TRADING AT A SIGNIFICANT DISCOUNT TO NAV 4 5 5 HYCROFT IN NUMBERS TOTAL RESOURCES1 SILVER GOLD CONTAINED OUNCES (k) 90,218 299 GRADE (g/t) 154.71 0.51 OPTION 1 OPTION 2 OPTION 3 HIGH-GRADE UNDERGROUND MINING Advance Brimstone and Vortex high-grade mineralization in the mine plan with underground mine OPEN-PIT MINING AND PROCESSING Proven economics on POX with potential roasting alternative to generate third revenue stream UNDERGROUND AND OPEN-PIT HYBRID PRODUCTION Leveraging shared site, infrastructure and future processing to maximize economics 563 133 M&I Inferred Million ounces SILVER CONTAINED OUNCES 16 5 M&I Inferred Million ounces GOLD CONTAINED OUNCES

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Slide 2 — $4.3 B

TECHNICAL REPORT SUMMARY In 2026, Hycroft published its S-K 1300 Technical Report Summary and Initial Assessment, outlining the economics and mine plan for a milling operation utilizing conventional pressure oxidation and heap leach processing at the Hycroft Mine. Demonstrated that Hycroft hosts a large-scale, long-life precious metals project with compelling economics and strong leverage to rising gold and silver prices By advancing the high-grade Brimstone and Vortex silver systems, Hycroft sees a path to further improving project economics and unlocking additional value OWNED BY WORLD’S TOP INVESTORS OWNERSHIP SUMMARY2 TOP SHAREHOLDERS • Eric Sprott • BlackRock • Capital Group • BMO Asset Management • Fidelity • Sprott • Wellington Management • VanEck Junior Gold Miners ETF • Russell 3000 Index • MSCI Small Cap Index • Solactive Global Junior Silver Miners Total Return Index INDEX INCLUSIONS 84% 16% MANAGEMENT Diane R. Garrett Stanton K. Rideout Michael J. Deal Eric B. Colby Rebecca A. Jennings David B. Thomas Lily He Haley B. Mayers Alex Davidson Andrew J. Walker BOARD OF DIRECTORS Diane R. Garrett Richard O’Brien Marcelo Godoy Sean D. Goodman Michael J. Harrison David C. Naccarati Josh Olmsted Blake Rhodes Thomas S. Weng SIGNIFICANT LEVERAGE NPV5 POST-TAX $4.3 B NPV5 AT SPOT1 $10.0 B IRR POST-TAX 16.9 % AVG ANNUAL PRODUCTION 295 koz AuEq MINE LIFE 51 years NASDAQ | HYMC Page 2 of 2 CAPITAL POSITION Institutional & Insiders Retail MANAGEMENT & BOARD DEBT- FREE Significantly strengthened balance sheet, with $211M in net cash NET CASH / (DEBT) −$90M Q2 2025 Q2 2026 +$211M A debt-free balance sheet provides a strong platform for the next 2–3 years, with capital focused on continued exploration and advancing key studies PO ST -T AX LE VER AG E TO G OLD AND S ILVER PR IC ES $4 $7 $9 $12 $14 $16 $16 $23 $30 $37 $44 $50 $- $10 $20 $30 $40 $50 $60 US$ BILLIONS GOLD/SILVER PRICE (OZ) NPV at 5% NPV at 0%

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