as of 24 November 2023

(MANILA, PHILIPPINES) – Silangan Mindanao Mining Co. Inc., a wholly-owned subsidiary of Philex Mining Corporation, one of the oldest and largest copper and gold producers in Southeast Asia, recently signed a syndicated debt facility in simple ceremonies in Pasig City. The signing of the US$100 million Omnibus Loan and Security Agreement (OLSA) was another positive milestone to support the ongoing development of the Silangan Project in Surigao del Norte. Present during the signing were, from left to right: Yvette Mari de Peralta, BPI Wealth SVP; Juan Carlos Syquia, BPI EVP; Antonino Fajardo, UnionBank EVP; Romeo Bachoco, Philex SVP and CFO; Manuel V. Pangilinan, Philex Chairman; Eulalio Austin Jr., Philex president and CEO; John Cary Ong, Security Bank EVP; and Gabriel Lim, BDO Capital SVP. 30