Monument Reports Fourth Quarter and Fiscal 2026 Results

— Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) “Monument” or the “Company” today announced its annual financial results for the year ended June 30, 2026 (“Fiscal 2026” or “FY 2026”). asserted

All amounts are in United States dollars unless otherwise indicated (refer to www.sedar.com for full financial results). asserted

Fiscal 2026 gold production generated gross revenue of $165.72 million, compared to $98.64 million. asserted

The Company’s financial position has improved, with cash flow rising to $82.21 million from $48.65 million last year, cash reserves increasing to $109.56 million from $45.94 million and working capital strengthening to $122.86 million from $58.54 million. asserted

Cathy Zhai, the President and CEO commented: “Fiscal 2026 strengthened Monument’s financial foundation while Selinsing continued to generate substantial cash flow. asserted

Our priorities are clear: sustain Selinsing production, accelerate exploration to extend mine life, advance Murchison toward a potential second source of cash flow, and deploy capital selectively toward growth and shareholder value.” Fiscal Year 2026 Highlights: - The earnings per share reached $0.20 per share (FY2025: $0.11/share); - Net profit of $68.80 million (FY 2025: $37.54 million); - Gross margin of $109.76 million for FY 2026, a 69% increase compared to $65.11 million in FY 2025; - $109.56 million of Cash and Cash Equivalent and short investment comprised Cash & Cash Equivalent of $37.10 million (FY2025: $45.90 million) and $72.46 million of term deposit (FY2025: nil) invested over 90 to 270 days. - Working capital of $122.86 million, an increase of $64.32 million from $58.54 million at the end of June 30, 2025; - Production performance: - 44,942 ounces of gold produced during the year (FY 2025: 38,530 ounces); - 45,010 ounces of gold sold at an average realized price of $4,280/oz for a gross revenue of $165.72 million (FY 2025: 41,183 ounces sold at an average realized price of $2,947/oz for gross revenue of $98.64 million); - Cash cost of $1,243 per ounce sold (FY 2025: $814/oz), reflecting higher mining cost as mining went deeper, increased royalty rates and higher royalty payment per ounce corresponding to higher gold price; partially offset by increased gold recovery rates; - All in sustaining cost of $1,446 per ounce sold for FY 2026, compared to $1,093/oz in FY 2025. - The earnings per share reached $0.20 per share (FY2025: $0.11/share); - Net profit of $68.80 million (FY 2025: $37.54 million); - Gross margin of $109.76 million for FY 2026, a 69% increase compared to $65.11 million in FY 2025; - $109.56 million of Cash and Cash Equivalent and short investment comprised Cash & Cash Equivalent of $37.10 million (FY2025: $45.90 million) and $72.46 million of term deposit (FY2025: nil) invested over 90 to 270 days. - Working capital of $122.86 million, an increase of $64.32 million from $58.54 million at the end of June 30, 2025; - Production performance: - 44,942 ounces of gold produced during the year (FY 2025: 38,530 ounces); - 45,010 ounces of gold sold at an average realized price of $4,280/oz for a gross revenue of $165.72 million (FY 2025: 41,183 ounces sold at an average realized price of $2,947/oz for gross revenue of $98.64 million); - Cash cost of $1,243 per ounce sold (FY 2025: $814/oz), reflecting higher mining cost as mining went deeper, increased royalty rates and higher royalty payment per ounce corresponding to higher gold price; partially offset by increased gold recovery rates; - All in sustaining cost of $1,446 per ounce sold for FY 2026, compared to $1,093/oz in FY 2025. - Extensive exploration drilling activities were carried out at Selinsing during FY 2026 targeting potential resource growth and future mine life extension opportunities; - A one-time Special Dividend of $5.04 million (CAD$6.91 million) paid to shareholders on January 19, 2026, reflecting the Company’s commitment to shareholder value. - On February 18, 2026, the Company was recognized as one of the top-performing companies on the TSX Venture Exchange (“TSXV”) for 2025, earning a place on the 2026 TSX Venture 50™ list. Fourth Quarter Operation Highlights: - During Q4 FY2026, the Selinsing Gold Mine produced 9,902 ounces of gold, with sales of 9,581 ounces gold in concentrate yielding gross revenue of $37.05 million, at a realized gold price per ounce of $4,349 (London PM average gold price: $4,506/oz), compared to gross revenue of $39.63 million from 14,527 ounces sold at a realized gold price per ounce of $3,368 (London PM average gold price: $3,280/oz) for the three months ended June 30, 2025; - Cash cost per ounce for gold concentrate sold at $1,433/oz (Q4 FY2025: $701/oz), reflecting higher mining cost as mining went deeper, higher royalty per ounce of gold sold due to higher royalty rate and higher gold price; - AISC increased to $1,898/oz (Q4 FY2025: $853/oz). Fourth Quarter and Fiscal Year 2026 Production and Financial Highlights asserted

(1) Total cash cost for sulphide plant production includes production costs such as mining, processing, tailing facility maintenance and camp administration, royalties, rehabilitation fund levy, and operating costs such as storage, temporary mine production closure, community development cost and property fees. asserted

Cash costs exclude amortization, depletion, accretion expenses, operation expenses, capital costs, exploration costs and corporate administration costs. asserted

(2) All-in sustaining cost per ounce includes total cash costs, operation expenses, and adds sustaining capital expenditures, corporate administrative expenses for the Selinsing Gold Mine including share-based compensation, exploration and evaluation costs, and accretion of asset retirement obligations. asserted

Certain other cash expenditures, including tax payments and acquisition costs, are not included. asserted

During the year ended June 30, 2025, 38,530 ounces of gold were produced from 786,241 tonnes of ore processed through the flotation plant at an average feed grade of 1.79 g/t and a recovery rate at 85.32%. asserted

- Mining activities continued to focus on Buffalo Reef and Felda Block 7, supplying ore to the Selinsing sulphide plant during the year ended June 30, 2026. asserted

A total of 868,712 tonnes of ore was mined (FY 2025: 726,012 tonnes) and 7,841,692 tonnes of waste (FY 2025: 8,592,126 tonnes) moved at a lower stripping ratio of 9.03 compared to 11.83 in the prior year primarily as the main orebody of sulphide ores was reached. asserted

Gold produced from the sulphide flotation plant was 9,902 ounces, including an additional 603 ounces adjustment, in Q4 FY 2026, resulting from the processing of 234,007 tonnes of ore at a feed grade of 1.48 g/t gold and a recovery rate of 88.77%. asserted

FINANCIAL RESULTS Fiscal 2026 financial results - During the year ended June 30, 2026, revenue from sulphide gold production was $165.72 million (FY 2025: $98.64 million), as a result of the sale of 45,010 ounces of gold concentrate at a realized gold price of $4.280 per ounce (FY 2025: 41,183 ounces at $2,947/oz). asserted

- The gross margin was higher at $109.76 million (FY 2025: $65.11 million) due to increased gold concentrate sales at higher realized gold prices. - asserted

The cash cost for sulphide flotation gold concentrate production was $1,243 per ounce for FY 2026 (FY 2025: $814 per ounce for gold concentrate), led by higher mining costs, an increased royalty rate and higher royalty costs per ounce associated with stronger realized gold prices, and lower feed grades, partially offset by improved recovery rates. - asserted

As of June 30, 2026, cash reserves totaled $109.56 million, comprising cash and cash equivalents of $37.10 million and short-term investment – term deposits of $72.46 million, an increase of $63.62 million from cash and cash equivalents of $45.94 million as of June 30, 2025. asserted

- Cash used in investing activities of $85.93 million (FY 2025: $13.54 million) represented $72.46 million in short-term investments (FY 2025: nil), $11.61 million invested in Selinsing mainly for cutback and stripping activities, expansion drilling and geological work, Flotation Plant improvements, and Tailings Storage Facility (“TSF”) upgrades (FY 2025: $12.29 million), and $1.86 million (FY 2025: $1.25 million) invested in Murchison exploration and evaluation projects. asserted

Quarter four financial results - Q4 FY 2026 revenue from gold concentrate production was $37.05 million, derived from the sale of 9,581 ounces of gold at an average realized price of $4,349 per ounce (Q4 FY 2025:39.63 million from 14,527 ounces of gold at $3,368/oz). - Mining operations before non-cash amortization and depreciation generated a gross margin of $23.31 million, decrease from $29.45 million in Q4 FY2025 and resulting from less gold concentrate sales, offset by a higher realized gold price. asserted

- Total production costs during Q4 FY2026 were $13.74 million compared to $10.18 million during Q4 FY2025. asserted

- The cash cost per gold ounce sold from the sulphide operations was $1,433 for Q4 FY2026 (Q4 FY2025: $701 for sulphide operations). asserted

The increases were primarily attributable to higher royalty and rehabilitation fund levy associated with significantly stronger realized gold prices during the quarter, as well as higher mining costs driven by increased ore mined and deeper pits and additional Sales and Service Tax (“SST”) implemented by the government on mining-related services, higher milling costs from more transition ore processed, and the payment of annual bonuses. asserted

During FY 2026, development at Selinsing encompassed cutbacks and pre-stripping activities, drilling and geological work, tailings storage facility updates, gold concentrate warehouse expansion and flotation plant improvements. asserted

Bench scale test work was conducted for improved gold and antimony recovery. asserted

Construction of the warehouse extension was completed and extended the capacity to 7,000 Wet Metric Tonne (“WMT”) from 4,000 WMT. asserted

The TSF interim elevation of 543 mRL will provide an additional capacity of around 1.5 million tonnes, equivalent to 20 months of tailings discharge. asserted

The Computerized Maintenance Management System was successfully implemented and will contribute positively to operational efficiency, cost control, and overall asset performance. asserted

At the Murchison Project, the Company continued technical and development studies, including a review of Process Design Criteria assessments including new plant options and a Statement of Work for future processing expansion opportunities, for ongoing project evaluation and development planning. asserted

Technical and economic studies continued to advance in support of a potential production restart. asserted

Other project advance activities include regulatory compliance and environmental surveys. asserted

The Buffalo Reef exploration drilling program progressed during the fourth quarter of FY 2026 with 43 holes completed and 5,868.60 metres drilled. asserted

The drilling program targeted potential extensions of mineralization outside of the current pit-shell, which may support an extension of the mine life, subject to further studies. uncertain

By the end of the fourth quarter of FY 2026, a total of 18,913.10 metres had been drilled as part of the resource expansion program, and a total of 15,158 samples were prepared and dispatched to the assay laboratory. asserted

No field exploration was undertaken at the Murchison Project during Q4 2026. asserted

The Company reviewed the historic resources at the Gabanintha Gold Project, including analysis of historical data. asserted

A desktop assessment identified step-out drilling targets with potential to expand the currently known mineralization, which remains open along strike. asserted

Confirmation drilling is planned to commence when regulatory compliance is met. asserted

Monument Mining Limited (TSX-V: MMY, FSE: D7Q1) is an established Canadian gold producer that 100% owns and operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in the Murchison area of Western Australia. asserted

It has 20% interest in Tuckanarra Gold Project, jointly owned by Odyssey Gold Ltd in the same region. asserted