BRAVO MINING Business Summary

Bravo Mining Corp (BRVMF) is a mineral exploration and development company primarily focused on its 100% owned Luanga PGM+Au+Ni Project located in the Carajás Mineral Province of Brazil. The company operates as a pre-revenue enterprise, with a business model centered on advancing its flagship Tier 1 asset through technical de-risking milestones—such as the Pre-Feasibility Study (PFS) targeted for Q3 2026—to eventually generate revenue through the sale of high-grade palladium, platinum, rhodium, gold, and nickel concentrates. Its operations are bifurcated into two primary segments: the core Luanga PGM development project and a newly established Copper-Gold Exploration Division focused on iron oxide copper-gold (IOCG) discoveries. Within the competitive landscape, Bravo Mining contends with regional players such as Centaurus Metals, Ero Copper, and Serabi Gold; however, it distinguishes itself by controlling one of the world’s largest undeveloped, shallow, open-pit PGM deposits outside of South Africa and Russia, benefiting from superior local infrastructure and a pro-mining jurisdictional status. The leadership team is anchored by Executive Chairman and CEO Luís Mauricio Ferraiuoli de Azevedo, a seasoned resource executive and lawyer with over 35 years of experience who previously co-founded Avanco Resources (acquired by OZ Minerals for A$430M). He is supported by President Simon Mottram, a geologist with a 32-year track record of transitioning discoveries into production, and CFO Manoel Carlos Cerqueira. In early 2026, the company further strengthened its technical depth by appointing Fabio Masotti, a former 31-year veteran and Director of Exploration at Vale S.A., to lead its Copper-Gold Division. The company’s strategic direction is overseen by a board including notable figures such as Margot Naudie and Stephen Quin, and it maintains a robust financial position bolstered by a significant C$28.5 million strategic investment from Orion Mine Finance closed in April 2026.