IGO Interactive Annual Report 2020

Operational Scorecard & Outlook MINING OPERATION UNITS FY20 GUIDANCE RANGE FY20 ACTUAL FY21 GUIDANCE RANGE NOVA (IGO 100%) Nickel in concentrate t 27,000 to 30,000 30,436 27,000 to 29,000 Copper in concentrate t 11,000 to 12,500 13,772 11,000 to 12,500 Cobalt in concentrate t 850 to 950 1,142 850 to 950 Cash cost (payable) $/Ib Ni 2.00 to 2.50 2.41 2.40 to 2.80 Sustaining & improvement capex $M 24 to 26 6.9 18 to 20 Development capex $M 6 to 8 6.3 2 to 4 TROPICANA (IGO 30%) Gold produced (100% basis) oz 450,000 to 500,000 463,118 380,000 to 430,000 Gold sold (IGO’s 30% share) oz 135,000 to 150,000 141,169 114,000 to 129,000 Cash cost $/oz Au 700 to 780 806 1,040 to 1,120 All-in Sustaining Costs $/oz Au 1,090 to 1,210 1,171 1,730 to 1,860 Sustaining & improvement capex (30%) $M 13 to 15 9.1 11 to 16 Capitalised waste stripping (30%) $M 42 to 47 37.8 65 to 70 Underground capex (30%) $M 26 to 29 23.5 10 to 14 EXPLORATION EXPENDITURE Total Exploration Expenditure $M 63 to 68 64.8 65 Key Operations & Projects OPERATIONS HEAD OFFICE PERTH EXPLORATION ACTIVITIES NI/CU/CO CU/AU GREENLAND FRASER RANGE PROJECT IGO 100% and various JVs FRONTIER PROJECT IGO up to 80% NOVA OPERATION (Ni-Cu-Co) IGO 100% PATERSON PROJECT IGO 100% and various JVs TROPICANA OPERATION (Au) IGO 30% LAKE MACKAY PROJECT IGO up to 70% COPPER COAST PROJECT IGO 100% KIMBERLEY PROJECT IGO 100% and various JVs RAPTOR PROJECT IGO 100% 18 — IGO ANNUAL REPORT 2020 IGO ANNUAL REPORT 2020— 19