Ok Tedi Mining Limited (Ok Tedi) board has declared an interim dividend of K450million for the half year of 2026, announced the Managing Director and Chief Executive Officer (CEO), Mr. Kedi Ilimbit.

This was paid to its shareholders as per their shareholding – K300million to Kumul Minerals Holding Limited for the State (60%) and K150 million to the Mineral Resources Development

Company, who manages the landowner interests.

"The K450 million interim dividend benefits all Ok Tedi shareholders. While K300 million is payable to the State, K150 million is equally payable through MRDC on behalf of the people

of Western Province. It is important that the full dividend distribution is accurately reflected."

Mr. Ilimbit said the interim dividend demonstrates the Company's ongoing contribution to PNG's economy and the direct benefits generated for both the State and Western Province

through their respective shareholdings.

Commenting on the company’s operations, Mr. Ilimbit said while prolonged dry weather has resulted in lower-than-normal water levels on the Fly River, Ok Tedi's operations continue

and business remains as usual, adding that mining and processing activities remain uninterrupted, with the Company implementing contingency measures to maintain the supply

of fuel, consumables, equipment, and other critical operational requirements.

Ok Tedi has actively implemented alternative logistics arrangements to ensure continuity of operations and minimise disruption to the business. The Company continues to closely

monitor river conditions and adapt its logistics planning as required.

Mr. Ilimbit said Ok Tedi remains focused on maintaining safe, responsible, and sustainable operations while managing challenges associated with the dry weather conditions.

"While the dry weather is presenting logistical challenges, our teams have implemented contingency measures to ensure operational continuity. Mining and processing operations

continue, and our focus remains on maintaining safe and reliable operations while delivering value to our shareholders, communities, and the country."

Ok Tedi will continue to provide updates on operational matters as required and remains committed to transparent engagement with shareholders, stakeholders, and communities.