OGC · OceanaGold Corporation

OceanaGold Corporation submitted its annual consolidated financial statements for the year ended December 31, 2025, via Form 6-K. The filing includes an unqualified audit opinion from PricewaterhouseCoopers LLP, dated February 18, 2026, confirming the financial statements present fairly the company's financial position in accordance with IFRS Accounting Standards. A significant highlight in the auditor's report is the identification of the impairment reversal assessment for the Haile Gold Mine as a key audit matter. The company recorded a $179 million impairment reversal for the Haile CGU, driven by management's assessment of increased future gold prices. This reversal reflects improved economic expectations for the asset. Total mineral properties, plant, and equipment stood at $2,297 million, with the Haile CGU comprising $1,191 million of that total. The auditor noted significant judgment in estimating the recoverable amount, specifically regarding future gold prices, production estimates, and discount rates.