Oman Project — Status Update

18 August 2026 — In April 2025, shareholders unanimously agreed to spin off all activities, assets and liabilities relating to the Oman-based alternative mineral reserves project, structured as a full unwinding. That transaction was formally unwound as of 5 February 2026, with the related administrative work concluded shortly thereafter.

As a further step, all obligations under the USD 20,000,000 15.00% bonds due 15 May 2029 have now been transferred from BPG d.d. to BPG Alternative Minerals Reserves AG (Vienna, Austria) with the consent of the noteholder, and BPG d.d. has been fully released and discharged. The terms of the bonds are unchanged and bondholders' rights are unaffected.

This marks one of the last remaining steps in the unwinding, after which BPG d.d. will focus on the Greenland project. Full notices

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