Announcement PDF JOIN AUSQUEST’S INTERACTIVE INVESTOR HUB. Visit AUSQUEST.COM.AU for AusQuest’s interactive Investor Hub AusQuest Limited ABN 35 091 542 451 | 8 Kearns Crescent Ardross WA 6153 September 9th 2026 AUSQUEST TO PRESENT AT THE RESOURCES RISING STARS GOLD COAST INVESTOR CONFERENCE AusQuest Limited [ASX: AQD] is pleased to advise shareholders and investors that its Managing Director, Graeme Drew will present at the Resources Rising Stars Gold Coast Investor Conference, being held on Wednesday 9th September and Thursday 10th September 2026. Graeme Drew will provide an update on the Company’s activities and outlook. The conference will be live-streamed and shareholders and investors can attend either in- person or virtually via the livestream. There is no charge to attend either the live-stream or in- person event for investors, however registration is essential. Venue: RACV Royal Pines Resort, Ross St, Benowa QLD 4217 Register: RRS Investor It is recommended that online investors pre-register prior to the commencement of the presentation. A full Conference program can be downloaded from here. Authorised for release by the AusQuest Limited Board of Directors. Visit Investor Hub for further updates AUSQUEST LTD | AUSQUEST. COM. AU Cangallo Greenfields Copper Discovery A Growth Story ASX:AQD MD PRESENTATION – RRS September 2026 1 ASX: AQD | AUSQUEST. COM. AU ASX: AQD | AUSQUEST. COM. AU . . DISCLAIMERS 2 Forward-Looking Statements This presentation contains forward looking statements concerning the projects owned by AusQuest Limited. Statements concerning mining reserves and resources may also be deemed to be forward looking statements in that they involve estimates based on specific assumptions. Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward looking statements as a result of a variety of risks, uncertainties and other factors. Forward looking statements are based on management’s beliefs, opinions and estimates as of the dates the forward looking statements are made and no obligation is assumed to update forward looking statements if these beliefs, opinions and estimates should change or to reflect other future developments. Data and amounts shown in this presentation relating to capital costs, operating costs and project timelines are internally generated best estimates only. All such information and data is currently under review as part of AusQuest Limited’s ongoing development and feasibility studies. Accordingly, AusQuest Limited cannot guarantee the accuracy and/or completeness of the figures or data included in the presentation until the feasibility studies are completed. Competent Person’s Statement The details contained in this report that pertain to exploration results are based upon information compiled by Mr Graeme Drew, a full-time employee of AusQuest Limited. Mr Drew is a Fellow of the Australasian Institute of Mining and Metallurgy (AUSIMM) and has sufficient experience in the activity which he is undertaking to qualify as a Competent Person as defined in the December 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code). Mr Drew consents to the inclusion in the report of the matters based upon his information in the form and context in which it appears. JORC – Exploration Targets It is common practice for a company to comment on and discuss its exploration in terms of target size and type. The information in this presentation relating to exploration targets should not be misunderstood or misconstrued as an estimate of Mineral Resources or Ore Reserves. Hence the terms Resource(s) or Reserve(s) have not been used in this context. The potential quantity and grade is conceptual in nature, since there has been insufficient work completed to define them beyond exploration targets and that it is uncertain if further exploration will result in the determination of a Mineral Resource. Currency All dollar amounts shown in this presentation are in Australian dollars unless otherwise stated. ASX: AQD | AUSQUEST. COM. AU 3 Peru – Copper Country 3 • Peru is the third largest copper producer globally • Coastal Belt offers access to infrastructure and lower cost project settings • AQD has large landholdings (100% owned) close to the coast • Major Deposits along the coast include Mina Justa, Marcona, Tia Maria • Cangallo first significant new greenfield porphyry copper discovery in 20 years • Peru has established mining jurisdiction with multiple mine developments underway CANGALLO DISCOVERY ASX: AQD | AUSQUEST. COM. AU ASX: AQD | AUSQUEST. COM. AU • Low altitude (~1,200m) improves Capex and Opex profile • Close to the coast (~8km) – seawater access, freight & logistics • No competing land-use • Multiple Power Options - transmission lines cross the prospect • 30km from Chala - ~10K people with strong ties to fishing & mining – potential work force • Potential port site close to the prospect Location – A Capex and Opex Advantage CANGALLO DISCOVERY 4 ASX: AQD | AUSQUEST. COM. AU ASX: AQD | AUSQUEST. COM. AU • The Cangallo porphyry copper discovery continues to grow with every new drill program (54 RC holes, +5 DDH - 24,500m) • Mineralisation is continuous for +1500m in length, 250 to 500m in width and to depths up to 800m Copper occurs from surface as oxides & secondary sulphides to depths of ~300m Near surface supergene copper is in part acid soluble potentially supporting heap leach recovery – a cheap processing option • Significant broad intersections include: 154m @ 0.37% Cu & 0.06 g/t Au (CANRC034) 304m @ 0.30% Cu & 0.06 g/t Au (CANRC008) 324m @ 0.30% Cu & 0.07 g/t Au (CANRC012) 330m @ 0.30% Cu & 0.06 g/t Au (CANRC014) 172m @ 0.33% Cu & 0.07 g/t Au (CANRC032) 176m @ 0.38% Cu & 0.07 g/t Au (CANRC052) 342m @ 0.27% Cu & 0.05 g/t Au (CANRC053) 555m @ 0.26% Cu & 0.06 g/t Au (CANDD002) Large Scale Porphyry System continues to grow CANGALLO DISCOVERY * Drilling and sampling results released to ASX on 23/01, 6/2, 5/3, 21/7, 28/8, 30/9 & 12/11 2025, 6/1, 11/2, 4/3, 6/5, 29/5, 22/7 & 3/9 2026 and Quarterly Reports 5 N S NW SE W E ASX: AQD | AUSQUEST. COM. AU Long-Section (N-S) – Large Porphyry Cu-Au System Emerging CANGALLO DISCOVERY 6 • Copper is continuous within a north - south corridor extending over 1500 metres • Broad zones (+200m) of +0.3% Cu are common with multiple intercepts grading +0.5% Cu • Hypogene mineralisation continues to depths > 700 metres – Diamond drilling ongoing • High copper (+0.5% Cu) grades in north and south - mineralisation open in all directions • Excellent potential to grow the resource & locate higher Cu grades near surface & at depth - Stage 4 drill permits are close * Drilling and sampling results released to ASX on 23/1, 6/2, 5/3, 21/7, 28/8, 30/9 & 12/11 2025, 6/1, 11/2, 4/3, 6/5, 29/5, 22/7 & 3/9 2026. some drill-hole traces are projected onto the sections ASX: AQD | AUSQUEST. COM. AU ASX: AQD | AUSQUEST. COM. AU Cross-Sections – Cu Open in Multiple Directions CANGALLO DISCOVERY 7 * Drilling and sampling results released to ASX on 23/1, 6/2, 5/3, 21/7, 28/8, 30/9 & 12/11 2025, 6/1, 11/2, 4/3, 6/5, 29/5, 22/7 & 3/9 2026. some drill-hole traces are projected onto the sections • Drilling to grow copper mineralisation in the south – Stage 4 drill permits are close • Potential south-easterly plunge to higher grade copper mineralisation in the north. ASX: AQD | AUSQUEST. COM. AU ASX: AQD | AUSQUEST. COM. AU CANGALLO DISCOVERY 8 Multiple Intercepts +0.50% Cu demonstrate High Grade Potential CANDD003 382m CANDD002 379m “Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations.” CANDD002 356m Hole ID From (m) To (m) Int (m) Cu% CANRC001 252 264 12 0.53 CANRC002 362 372 10 0.57 CANRC003 164 182 18 0.55 CANRC008 36 46 10 0.72 CANRC008 50 64 14 0.52 CANRC012 36 104 68 0.52 CANRC014 134 152 18 0.62 CANRC014 186 200 14 0.52 CANRC014 96 120 24 0.50 CANRC032 10 20 10 0.65 CANRC032 156 186 30 0.60 Hole ID From (m) To (m) Int (m) Cu% CANRC034 388 398 10 0.51 CANRC045 276 286 10 0.61 CANRC048 112 124 12 1.10 CANDD002 350 380 30 0.50 CANDD002 416 426 10 0.51 CANDD002 470 480 10 0.53 CANDD002 546 556 10 0.50 CANDD003 376 386 10 0.56 CANDD004 118 128 10 0.73 CANDD004 174 184 10 0.54 CANDD004 282 362 20 0.53 * Drilling and sampling results released to ASX on 23/1, 6/2, 5/3, 21/7, 28/8, 30/9 & 12/11 2025, 6/1, 11/2, 4/3, 6/5, 29/5, 22/7 & 3/9 2026 and Quarterly Reports • High Cu grades below ~250m due to chalcopyrite & bornite in potential feeder structures - implies strong fertility for nearby porphyry centre(s) ASX: AQD | AUSQUEST. COM. AU ASX: AQD | AUSQUEST. COM. AU CANDD002 – 364 - 366m 0.82% Cu, 0.16 g/t Au, 1.32 g/t Ag 366 - 368m 0.70% Cu, 0.12 g/t Au, 1.02 g/t Ag Multiple vein sets within the host volcanics showing quartz-sericite veins containing Cu (chalcopyrite) Drill Core – Stockwork system demonstrates upside grade potential 9 Results for CANDD002 were reported to ASX on 12th November 2025, and 6th January, 2026 “Visual estimates of mineral abundance should never be considered a proxy or substitute for laboratory analyses where concentrations or grades are the factor of principal economic interest. Visual estimates also potentially provide no information regarding impurities or deleterious physical properties relevant to valuations.” CANGALLO DISCOVERY ASX: AQD | AUSQUEST. COM. AU ASX: AQD | AUSQUEST. COM. AU • Large tenement holding - 60km strike along prospective E-W structural corridor • Porphyry Copper & IOCG targets close to coast & infrastructure • Cangallo discovery enhances prospectivity of entire Belt • Competition on the rise within the Coastal Belt Cangallo District – Pipeline of Targets PERU 10 Porphyry Cu Prospect IOCG Prospect Cangallo Cu Discovery ASX: AQD | AUSQUEST. COM. AU Community Engagement and Support 11 Puerto Viejo School – Training programmes THE DISCOVER STORY • Training programmes at the local schools in recycling • Sponsor annual beach clean-ups • Regular support and training at local health clinics • Donations to local schools - solar panels and shade cloth for playground Puerto Viejo School Solar Panel/Battery System and New Shade Cloth for playground Annual beach Clean Up Chala District • Regular communication with communities and Government authorities - active participation in Environment, Health and Education within local communities Puerto Viejo School ASX: AQD | AUSQUEST. COM. AU ASX: AQD | AUSQUEST. COM. AU Forward Looking Program at Cangallo - News flow PERU . . . . . . • Stage 3 RC drilling completed – Cu still open in the south and east • Stage 3 diamond drilling in progress to test depth extent & grade of Cu sulphides in areas highlighted by RC drill results • Stage 4 permits available in Sept(?) to allow RC & diamond drilling of southern extensions to commence • Metallurgical test-work on recovery profile across resource • Permits for detailed infill drilling prepared Stage 3 Diamond Drill (+5000m) Assays Stage 4 Drilling (+10000m) Assays Stage 4 Drill Permits Metallurgical Test-work Drill Permitting & Planning Community & Government Sept Oct July 6 Month Work Program Nov Aug Dec Cangallo Porphyry Cu-Au 12 ASX: AQD | AUSQUEST. COM. AU AusQuest Corporate / Management Overview 13 BOARD OF DIRECTORS SHARE PRICE 1) Includes 35.7 million options expiring at 30-NOV-26 ex $0.03, 94.6 million options expiring at 11-NOV-27 ex $0.012, 15 million options expiring at 11-Nov-27 ex $0.016 & 20 million options expiring at 6-Feb-29 ex $0.0705 ASX: AQD | AUSQUEST. COM. AU SIGNIFICANT SHAREHOLDERS Directors 20.35% Ita Vero Pty Ltd 4.59% Top 20 (approx) 51.6% Christopher Ellis Non-Executive Director Graeme Drew Managing Director Greg Hancock Non-Executive Chairman CAPITAL STRUCTURE ASX Code AQD Shares on Issue 1,642.2 million Options on Issue (listed) Nil Options on Issue (unlisted)1 165.3 million Market Cap. (at 4.8 cents) $78.8 million Cash (as at 30 June 2026) ~$6.4 million Enterprise Value ~$72.4 million 0 20,000,000 40,000,000 60,000,000 80,000,000 100,000,000 120,000,000 140,000,000 160,000,000 $0.000 $0.010 $0.020 $0.030 $0.040 $0.050 $0.060 $0.070 $0.080 $0.090 AQD Share Price Volume (shares traded per day) Cangallo Discovery ASX: AQD | AUSQUEST. COM. AU 14 • Large lateral & vertically extensive porphyry system under shallow cover • Mineralisation open in all directions – potential for growth • Consistent 0.3% Cu envelopes and higher grade 0.5-0.8% Cu zones • Oxidised Cu (+250m) potentially amenable to heap leaching (low cost) • Excellent location - favourable logistics & potential for lower Opex & Capex • Diamond drilling to understand Cu distribution & locate porphyry centres Cangallo Porphyry Copper-Gold Discovery - Recap A New Copper Growth Story in a Tier 1 Environment ASX: AQD | AUSQUEST. COM. AU ASX:AQD 15 CONTACT AUSQUEST LIMITED Graeme Drew Managing Director 8 Kearns Cres, Ardross, WA, 6153 Tel: +61 (8) 9364 3866 Email: graeme@ausquest.com.au www.ausquest.com.au Register here for AusQuest’s InvestorHub AUSQUESTLIMITED AUSQUEST_LIMITED