Investor Presentation - RRS East Coast
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9 FEBRUARY 2026
TREK METALS TO PRESENT AT RRS SUMMER SERIES
CONFERENCE, FEBRUARY 2026
Trek Metals Limited (ASX:TKM) is pleased to advise shareholders and investors that its Chief
Executive Officer, Derek Marshall will be presenting at the Resources Rising Stars Summer
Series Conferences, which are being held in Sydney on Tuesday 10th February and in Brisbane
on Thursday 12th February 2026.
The presentations are being hosted at the following venues in each city:
SYDNEY, TUESDAY 10 FEBRUARY:
Four Seasons Hotel, 199 George St, The Rocks NSW 2000
Time: 9.10am – 4.45pm (AEDT)
Trek presentation at 3.45pm
BRISBANE, THURSDAY 12 FEBRUARY:
InterContinental Brisbane, 190 Elizabeth St, Brisbane City QLD 4000
Time: 9.40am – 4.30pm (AEST)
Trek presentation at 10.30am
Investors and shareholders who are interested in attending these events can register by
clicking here.
A copy of the Company’s presentation to be delivered at these forums is attached.
JOIN TKM’S INTERACTIVE INVESTOR HUB
https://trekmetals.com.au/auth/signup
Interact with Trek Metal’s announcements and updates by asking
questions and comments which our team can respond to where
possible
https://trekmetals.com.au/link/ejznpe
ENDS
For further information contact:
INVESTORS: MEDIA:
Derek Marshall Nicholas Read
dmarshall@trekmetals.com.au info@trekmetals.com.au 0419 929 046
RRS EAST COAST - INVESTOR PRESENTATION
FEBRUARY 2026
Christmas Creek, Western Australia
A World Class
Manganese Discovery?
Trek Metals (ASX:TKM) Christmas Creek Manganese
Discovery, a Potential Company Maker?
• Field work targeted
REE (not Mn) based on
radiometric anomalism
• Extensive black
outcrops discovered
and samples taken
• Extremely high-grade
rock chips in first pass
outcrop sampling
• Outcrop showed scale,
with ~750m of
continuous Mn in an
area 750 x 400m,
constrained by recent
sand cover
https://trekmetals.com.au/announcements/7259499
58.37% Mn
Sample ID TKMCCR2506
Immediate Follow-up to Assess the Potential
Gravity
AEM/Mag
Sampling
56.7% Mn
Sample ID OS0063065
Additional Rock Chip Sampling
59.65% Mn
Sample ID OS0063031
Discovery Outcrop
View to the East
View to the West
Geophysics Indicates Significant Scale Potential
Beyond the Outcrop
https://trekmetals.com.au/announcements/7311646
• Gravity data shows a
good correlation with
the known outcrop
• Data also shows
significant anomalism
that extends well
beyond the outcrop
• Second ‘northern’ trend
identified under cover…
could it represent more
manganese?
High dry bulk density
average of 4.03 g/cc
(3.31 - 4.47 g/cc) from
representative rock chips
=
Manganese-rich material
at depth likely to present
as a gravity high
Additional Rock Chip Sampling Assays Confirm
Extensive High-Grade
https://trekmetals.com.au/announcements/7326226
• Assays average 50% Mn,
confirming high-grade
nature of mineralisation
• Grades up to 60.1% Mn
(approaching theoretical
maximum in Mn-oxide)
• Only one question
remains: How much is
down there?
• Drilling set to commence
in April to answer this
question!
Manganese-rich sample
56.7% Mn
Sample ID OS0063065
Manganese Fundamentals - Grade Matters
A critical mineral hiding in plain sight
• Essential for steel production (~90% of global Mn demand)
• Increasingly critical for lithium-ion batteries (NMC, LFP, LMFP)
• Designated a critical mineral in multiple Western jurisdictions
Manganese Pricing
• Current manganese price of ~US$4.50/dmtu*^ for 44%
material, which equates to US$198 per tonne of ore
• Manganese is twice as valuable as iron ore (~US$100 per
tonne of ore^)
Grade is king
• >44% Mn ore trades at a significant premium to lower-grade
material
• Only two high-grade producers in Australia: Woodie Woodie
(ConsMin) & Groote Eylandt (S32)
*A Dry Metric Tonne Unit (dmtu) represents 1% of a dry metric tonne.
Price conversion to AU$/tonne for ore grading 44% Mn is US$4.5 x 100 x 44% = US$198/tonne, converted to AU$ x 1.5 = AU$297/tonne.
^Price sources: Manganese: Shanghai Metal Market & Iron Ore: Market Index
CORPORATE SUMMARY
Strong Balance Sheet, Leveraged to Success
Capital Structure
ASX Code TKM.ASX
Share Price (4th Feb 2026) $0.160
Shares on issue 625.40m
Market Cap. $100.07m
Cash and cash equivalents (31st January 2026 - unaudited) $2.52m
Debt nil
Enterprise Value $97.55m
Share Price and Volume
.0 M
1.0 M
2.0 M
3.0 M
4.0 M
5.0 M
6.0 M
7.0 M
8.0 M
$0.00
$0.02
$0.04
$0.06
$0.08
$0.10
$0.12
$0.14
$0.16
$0.18
Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26
Volume
Closing
stare
price
$A/share
Volume Close
A Rare Opportunity at an Early Stage
High-grade
• Rock chip assays average ~50% Mn, up to
60.1% Mn
• Premium manganese (>44% Mn) is rare
and drives value
Large, under-explored
system
• Extensive >1,200km² package of highly
prospective, under-explored ground
• Potential for multiple manganese positions
Scale potential
• 750m of continuous, high-grade manganese
at surface
• Strong gravity response indicates significant
scale beyond the outcrop
Clear near-term catalyst
• Maiden drilling scheduled to commence in
April
• Designed to test grade, width and depth &
provide metallurgical samples
Join us on the Journey
The right team
• Proven track record in discovery,
delivery & serious value creation
• Pilbara Minerals (ASX:PLS) lithium
discovery and project delivery driven
by the current TKM board from penny
stock to >AU$12B market cap
• Deep global connections, especially in
the lithium-ion battery market
Source: https://www.marketindex.com.au/asx/pls. Historical share price shown for illustrative purposes
only. This example is not a forecast, prediction or guarantee of future performance and is provided solely
to illustrate how mineral discoveries can create shareholder value over time.
Discovery, scale and
execution can be
transformational
The right time
• Strong tailwinds within the resource
sector provide momentum
• Early-stage entry still available
This presentation prepared by Trek Metals Limited (“Company”) does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. You should not treat the contents of this
presentation, or any information provided in connection with it, as financial advice, financial product advice or advice relating to legal, taxation or investment matters. No representation or warranty, express or implied, is made as to the fairness, accuracy,
completeness or correctness of the information, opinions and conclusions contained in this presentation. This presentation is provided expressly on the basis that you will carry out your own independent inquiries into the matters contained in the presentation and
make your own independent decisions about the affairs, financial position or prospects of the Company. The Company reserves the right to update, amend or supplement the information at any time in its absolute discretion (without incurring any obligation to do
so). To the maximum extent permitted by law, none of the Company its directors, employees or agents, advisers, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any
other person, for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it. This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of
any security, and neither this presentation nor anything in it shall form the basis of any contract or commitment whatsoever.
Forward Looking Statements
This presentation may contain forward looking statements that are subject to risk factors associated with mineral exploration, mining and production businesses. It is believed that the expectations reflected in these statements are reasonable but they may be
affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve
estimations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and
cost estimates. This presentation also contains reference to certain intentions, expectations, future plans, strategy and prospects of the Company. Those intentions, expectations, future plans, strategy and prospects may or may not be achieved. They are based
on certain assumptions, which may not be met or on which views may differ and may be affected by known and unknown risks. In particular, there is a risk that the Company will not be able to expand or upgrade its existing JORC resource. The performance and
operations of the Company may be influenced by a number of factors, many of which are outside the control of the Company. No representation or warranty, express or implied, is made by the Company, or any of its directors, officers, employees, advisers or
agents that any intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return will be achieved. Given the risks and uncertainties that may cause the Company’s actual future results, performance or achievements to
be materially different from those expected, planned or intended, recipients should not place undue reliance on these intentions, expectations, future plans, strategy and prospects. The Company does not warrant or represent that the actual results, performance
or achievements will be as expected, planned or intended. These forward-looking statements are expressed in good faith and believed to have a reasonable basis. These statements reflect current expectations, intentions or strategies regarding the future and
assumptions based on currently available information. Should one or more risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results may vary from the expectations, intentions and strategies described in this
announcement. The forward-looking statements are made as at the date of this announcement and the Company disclaims any intent or obligation to update publicly such forward looking statements, whether as the result of new information, future events or
results or otherwise.
Competent Person’s Statement - Exploration Results
The information in this announcement relating to Exploration Results is based on information compiled by the Company’s Chief Executive Officer, Mr Derek Marshall, a competent person, who is a Member of the Australian Institute of Geoscientists. Mr Marshall
has sufficient experience relevant to the style of mineralisation and to the type of activity described to qualify as a competent person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore
Reserves.” Mr Marshall holds or controls share and Performance Rights in the Company. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement. Mr Marshall
consents to the inclusion in this announcement of the matters based on his information in the form and content in which it appears.
For Additional Information refer TKM ASX Announcements
https://trekmetals.com.au/announcements
Approved for Release by the Board
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