{ "docId": "019de515-c12e-77ab-bd05-103c50dd6364", "docSlug": "2d47ae77d6edd2062ed949c18a38d7ee", "documentTitle": "Metals Acquisition Corp | Investor Presentation Deck | 33 slides", "authorId": "metals-acquisition-corp", "authorName": "Metals Acquisition Corp", "documentKindSlug": "pitchdeck", "documentKindLabel": "Pitch deck", "sourceTypeSlug": "investor_relations", "sourceTypeLabel": "Investor relations", "presentationDate": "2023-05-01 00:00:00", "orientation": "landscape", "aspectRatio": 1.3333334, "pageNumber": 4, "pageCount": 33, "prevPage": 3, "nextPage": 5, "slideType": "disclaimer", "function": "appendix", "density": "overcrowded", "nDataPoints": 0, "notes": null, "elementsJson": null, "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019de515-c12e-77ab-bd05-103c50dd6364/4", "deckHref": "/decks/019de515-c12e-77ab-bd05-103c50dd6364", "deckJsonHref": "/decks/019de515-c12e-77ab-bd05-103c50dd6364.json", "deckAnchorHref": "/decks/019de515-c12e-77ab-bd05-103c50dd6364#slide-4", "components": [ { "bbox": { "h": 0.13, "w": 0.92, "x": 0.04, "y": 0.272 }, "kind": "paragraph", "text": "MAC believes these non-GAAP measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to CSA's financial condition and results of operations. MAC believes that the use of these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends in and in comparing CSA's financial measures with other similar companies, many of which present similar non-GAAP financial measures to investors. These non-GAAP financial measures are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP financial measures. Please refer to footnotes where presented on each page of this Presentation or to the appendix found at the end of this Presentation for a reconciliation of these measures to what CSA believes are the most directly comparable measure evaluated in accordance with GAAP.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "30b639b2-06d3-4df6-bbe8-abda05f347f4", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.11, "w": 0.92, "x": 0.04, "y": 0.409 }, "kind": "paragraph", "text": "This Presentation also includes certain projections of non-GAAP financial measures. Due to the high variability and difficulty in making accurate forecasts and projections of some of the information excluded from these projected measures, together with some of the excluded information not being ascertainable or accessible, MAC is unable to quantify certain amounts that would be required to be included in the most directly comparable GAAP financial measures without unreasonable effort. Consequently, no disclosure of estimated comparable GAAP measures is included and no reconciliation of the forward-looking non-GAAP financial measures is included. For the same reasons, MAC is unable to address the probable significance of the unavailable information, which could be material to future results.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "5f357803-7d4e-45e9-a85f-efb64ce4c583", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.09, "w": 0.92, "x": 0.04, "y": 0.133 }, "kind": "paragraph", "text": "This Presentation includes certain financial measures not presented in accordance with generally accepted accounting principles (\"GAAP\") including, but not limited to, EBITDA, Free Cash Flow, C1 Cash Costs, All-in Sustaining Costs and certain ratios and other metrics derived therefrom. These non-GAAP financial measures are not measures of financial performance in accordance with GAAP and may exclude items that are significant in understanding and assessing CSA's financial results. Therefore, these measures should not be considered in isolation or as an alternative to net income, cash flows from operations or other measures of profitability, liquidity or performance under GAAP. You should be aware that CSA's presentation of these measures may not be comparable to similarly-titled measures used by other companies.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "66d5610b-b981-4fc0-9d5d-cdbba11a41af", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.13, "w": 0.92, "x": 0.04, "y": 0.81 }, "kind": "paragraph", "text": "In connection with the proposed Business Combination, New MAC and MAC have filed a registration statement and preliminary and definitive proxy statement with the SEC. MAC's shareholders and other interested persons are advised to read, the registration statement on Form F-4, the proxy statement/prospectus contained therein and the amendments thereto and the proxy statement/prospectus as well as other documents filed with the SEC in connection with the proposed Business Combination, as these materials will contain important information about CSA, MAC, New MAC and the proposed Business Combination. The proxy statement/prospectus and other relevant materials for the proposed Business Combination mailed to shareholders of MAC as of a record date of May 5, 2023 established for voting on, among other things, the proposed Business Combination. Shareholders will also be able to obtain copies of the registration statement on Form F-4, the proxy statement/prospectus, and other documents filed with the SEC that are incorporated by reference therein, without charge, at the SEC's website at www.sec.gov, or by directing a request to: Investors@soa-corp.com. The information contained on, or that may be accessed through, the websites referenced in this communication is not incorporated by reference into, and is not a part of, this communication.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b54855a9-ddb3-403f-90b3-6aa2d12b39ab", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.19, "w": 0.92, "x": 0.04, "y": 0.58 }, "kind": "paragraph", "text": "This Presentation contains certain forecasts, including, without limitation, projected operational metrics. CSA's independent auditors have not studied, reviewed, compiled or performed any procedures with respect to the projections for the purpose of their inclusion in this Presentation, and accordingly, no independent auditor has expressed an opinion or provided any other form of assurance with respect thereto for the purpose of this Presentation. These projections are for illustrative purposes only and should not be relied upon as being necessarily indicative of future results. The assumptions and estimates underlying the prospective financial and operational information are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial and operational information. Projections are inherently uncertain due to a number of factors outside of MAC's and CSA's control. While all projections, estimates and targets are necessarily speculative, MAC believes that the preparation of prospective information involves increasingly higher levels of uncertainty the further out the projection, estimate or target extends from the date of preparation. Accordingly, there can be no assurance that the prospective results are indicative of future performance or that actual results will not differ materially from those presented in the prospective financial and operational information. Inclusion of the prospective financial and operational information in this Presentation should not be regarded as a representation by any person that the results contained in the prospective financial and operational information will be achieved.", "attrs": {}, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f629dcae-0b2d-4f0b-b674-d46970b91caa", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.013, "w": 0.007, "x": 0.953, "y": 0.95 }, "kind": "source-note", "text": "3", "attrs": { "numbered": true }, "subkind": null, "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f0070e1e-1334-45de-8afc-f95c95f3811e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.023, "w": 0.17, "x": 0.091, "y": 0.054 }, "kind": "title", "text": "Disclaimer", "attrs": {}, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7055990c-e5e1-467e-bc97-08622e71a7f3", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }