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NYSE: CDE October 4, 2024 Coeur Announces Acquisition of SilverCrest
Cautionary Statements NYSE: CDE NYSE: CDE NYSE: CDE 2 This presentation contains forward‐looking statements within the meaning
of securities legislation in the United States and Canada, including statements involving strategic priorities and company strategies for each of Coeur and SilverCrest, growth, anticipated production, costs and expenses, exploration and
development efforts, operations, expectations and initiatives at Las Chispas, Palmarejo, Rochester, Kensington, Wharf and Silvertip, including the Rochester expansion project, capital allocation and estimates, liquidity sources, free cash flow,
mineral reserve and resource estimates, and hedging strategies. Such forward‐looking statements involve known and unknown risks, uncertainties, and other factors which may cause Coeur’s and SilverCrest’s respective actual results, performance,
or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward‐looking statements. Such factors include, among others, the risk that anticipated production, cost and expense
levels are not attained, the risks and hazards inherent in the mining business (including risks inherent in developing and expanding large- scale mining projects, environmental hazards, industrial accidents, weather or geologically-related
conditions), changes in the market prices of gold and silver and a sustained lower price or higher treatment and refining charge environment, the uncertainties inherent in Coeur’s and SilverCrest’s respective production, exploration and
development activities, including risks relating to permitting and regulatory delays, mining law changes, ground conditions, grade and recovery variability, any future labor disputes or work stoppages (involving either Coeur or SilverCrest and
any of their respective subsidiaries or third parties), the risk of adverse outcomes in litigation, the uncertainties inherent in the estimation of mineral reserves and resources, impacts from Coeur’s and SilverCrest’s respective future
acquisitions of new mining properties or businesses, the loss of access or insolvency of any third-party refiner or smelter to whom Coeur or SilverCrest markets their respective production, materials and equipment availability, inflationary
pressures, continued access to financing sources, the effects of environmental and other governmental regulations and government shut-downs, the risks inherent in the ownership or operation of or investment in mining properties or businesses in
foreign countries, Coeur’s and Silvercrest’s respective ability to raise additional financing necessary to conduct its business, make payments or refinance its debt, as well as other uncertainties and risk factors set out in filings made from
time to time with the United States Securities and Exchange Commission and the Canadian securities regulators, including, without limitation, Coeur’s most recent reports on Form 10-K and Form 10-Q and SilverCrest’s annual information form for
the year ended December 31, 2023. Actual results, developments, and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward-looking statements. Coeur and SilverCrest each
disclaim any intent or obligation to update publicly such forward‐looking statements, whether as a result of new information, future events, or otherwise. Additionally, Coeur and SilverCrest each undertake no obligation to comment on analyses,
expectations, or statements made by third parties in respect of each of Coeur and SilverCrest, their financial or operating results or their securities. The scientific and technical information concerning Coeur’s mineral projects in this
presentation have been reviewed and approved by a “qualified person” under Item 1300 of SEC Regulation S-K, namely Coeur’s Senior Director, Technical Services, Christopher Pascoe. The scientific and technical information concerning
SilverCrest’s mineral projects in this presentation have been reviewed and approved by a “qualified person” under National Instrument 43-101, being N. Eric Fier, CPG P. Eng and Chief Executive Officer for SilverCrest. For a description of the
key assumptions, parameters and methods used to estimate mineral reserves and mineral resources included in this presentation that relate to Coeur’s mineral projects, as well as data verification procedures and a general discussion of the
extent to which the estimates may be affected by any known environmental, permitting, legal, title, taxation, sociopolitical, marketing or other relevant factors, please review the Technical Report Summaries for each of Coeur’s material
properties which are available at www.sec.gov. 2023 and 2018 reserves and resources were determined in accordance with Item 1300 of SEC Regulation S-K. Additional details with respect to the Las Chispas mine project in Sonora, Mexico are
available in SilverCrest’s technical report dated September 5, 2023 and in SilverCrest’s Annual Information Form for the year ended December 31, 2023, each filed on SilverCrest’s SEDAR+ profile at www.sedarplus.ca. Reserves and resources for
certain prior periods were determined in accordance with Canadian National Instrument 43-101. Both sets of reporting standards have similar goals in terms of conveying an appropriate level of confidence in the disclosures being reported, but
the standards embody slightly different approaches and definitions. The ranges of potential tonnage and grade (or quality) of the exploration results described in this presentation are conceptual in nature. There has been insufficient
exploration work to estimate a mineral resource. It is uncertain if further exploration will result in the estimation of a mineral resource. The exploration results described in this presentation therefore do not represent, and should not be
construed to be, an estimate of a mineral resource or mineral reserve. This presentation includes reference to certain financial measures which are not standardized measures under the parties’ respective financial reporting frameworks. These
measures include adjusted net income (loss), operating cash flow before changes in working capital, adjusted EBITDA, adjusted EBITDA margin, total leverage, net leverage, free cash flow, adjusted costs applicable to sales per ounce/pound and
adjusted liquidity. The parties believe that these measures, together with measures determined in accordance with U.S. GAAP or IFRS, provide investors with an improved ability to evaluate the underlying performance of Coeur and SilverCrest.
These measures are widely used in the mining industry as a benchmark for performance but do not have any standardized meaning prescribed under U.S. GAAP orIFRS, and therefore they may not be comparable to similar measures disclosed by other
companies. The data is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with U.S. GAAP or IFRS. Further details on these non-U.S. GAAP or
non-IFRS financial performance measures are disclosed in Coeur’s MD&A accompanying its financial statements filed periodically on EDGAR at www.sec.gov. and SilverCrest’s MD&A accompanying its financial statements filed periodically on
SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. This presentation is not, and under no circumstances is to be construed as, an advertisement or public offering of the securities referred to in this presentation. No securities
commission or similar authority in United States or Canada has reviewed or in any way passed upon this presentation or the merits of the securities described herein and any representation to the contrary is an offence. All references to $ are
US dollar denominated unless otherwise noted.
Today’s Presenters Mitchell J. Krebs Coeur – Chairman, President & Chief Executive Officer N. Eric Fier SilverCrest – Chief
Executive Officer, Director Creating A Leading Global Silver Company NYSE: CDE NYSE: CDE NYSE: CDE 2
An Unrivaled Silver Investment Vehicle Creates A Leading Global Silver Company Adds World-Class Las Chispas Operation to Coeur’s
Portfolio Dramatically Accelerates Coeur’s Deleveraging Initiatives Significant & Immediate Addition to Rising Free Cash Flow The combined company is expected to generate peer-leading 2025 production of approximately 21 million ounces
of silver and 432,000 ounces of gold NYSE: CDE NYSE: CDE (1) Silver equivalence assumes silver-to-gold ratio of 79.51:1. (2) Based on analyst consensus for 2025. Free Cash Flow is a non-GAAP measure. NYSE: CDE 4 Las Chispas sold
approximately 10.25 million silver equivalent ounces1 at average cash costs of $7.73 per ounce in 2023 Combined company expected to generate ~$700 million of EBITDA and ~$350 million of free cash flow2 in 2025 at lower overall costs and
higher overall margins Expected to accelerate debt reduction and result in an immediate 40% reduction in Coeur’s leverage ratio while continuing to reinvest in organic growth opportunities with SilverCrest’s strong cash and equivalents
position and cash flow profile
Transaction Overview NYSE: CDE NYSE: CDE (1) The Transaction requires minority shareholder approval by the SilverCrest
shareholders pursuant to MI 61-101. NYSE: CDE 5 Transaction Coeur to acquire all outstanding common shares of SilverCrest by Plan of Arrangement (the “Transaction”) Transaction equity value of approximately $1.7 billion based on
SilverCrest’s common shares outstanding Coeur stockholders and SilverCrest shareholders to own approximately 63% and 37% of the outstanding common shares of the pro forma company, respectively Consideration SilverCrest shareholders to
receive 1.6022 of a Coeur share for each SilverCrest share held, which implies consideration of $11.34 per SilverCrest share based on the closing price of Coeur on the NYSE on October 3, 2024 − 18% premium based on the 20-day volume-weighted
average prices of Coeur and SilverCrest both as at October 3, 2024 on the NYSE and NYSE American, respectively (22% spot premium) Approvals and Conditions Unanimous approval by the Boards of Directors of Coeur and SilverCrest Requires
approval by a British Columbia court, approval by 66 2/3% of the votes by the shareholders of SilverCrest, approval by 66 2/3% of the votes cast by the shareholders and option holders of Silvercrest, voting together as a class, and approval
from stockholders of Coeur1 Directors and senior officers of SilverCrest and Coeur have entered into voting support agreements, pursuant to which they will vote their common shares held in favor of the Transaction Requires regulatory
approvals and the satisfaction of certain other closing conditions customary for a transaction of this nature Other Customary deal protections, including reciprocal fiduciary-out provisions, non-solicitation covenants, and the right to match
any superior proposals Break fees of $100 million payable by Coeur and $60 million payable by SilverCrest in certain circumstances Upon closing, current SilverCrest Chief Executive Officer and Director, N. Eric Fier and one other current
SilverCrest Director will join Coeur’s board of directors Timing Shareholder meetings expected to be held around year-end Transaction expected to close in late Q1 2025
NYSE: CDE 6 NYSE: CDE NYSE: CDE Transaction Benefits for Shareholders • • Addition of a high grade, low cost, primarily
silver producing underground mine Pro forma Coeur would be a leading global silver company, with 2025 production expected to be approximately 21 million ounces of silver and 432,000 ounces of gold • Expected to significantly improve Coeur’s
cost profile and materially increase its annual free cash flow • Positions Coeur to significantly accelerate its deleveraging initiative • Strong potential to add to Las Chispas’ current mine life based on near-mine exploration
opportunities • Leverages Coeur’s long track record of successfully operating the Palmarejo underground silver and gold mine in Chihuahua, Mexico • Significant revaluation opportunity as the pro forma entity is established as a leading
silver investment vehicle while at the same time benefitting from the strong ramp-up of Rochester Benefits to Coeur Stockholders Benefits to SilverCrest Shareholders • Immediate and significant premium of approximately 18% based on the
20-day volume-weighted average prices of both companies (22% premium to the October 3, 2024 closing price) • Substantial equity participation in Coeur’s balanced portfolio of producing mines located in North America while retaining meaningful
exposure to future upside at Las Chispas • Combined entity’s robust financial strength and flexibility will allow for continued future investments in Las Chispas • Significantly improved trading liquidity and capital markets exposure •
Significant re-rate opportunity for the pro forma entity, providing additional potential value for SilverCrest shareholders
NYSE: CDE 7 NYSE: CDE NYSE: CDE Pro Forma Coeur Portfolio Overview Source: FactSet, street
research. 44% 56% 38% 62% Palmarejo Rochester Wharf Silvertip Kensington Corporate Office Las Chispas Operating Mine Development Project U.S. Mexico Silver Gold Split by Geography Together with Coeur’s growing silver
production, the world class Las Chispas operation is expected to help the combined company generate peer-leading silver production while continuing to generate the majority of its revenue from gold and U.S. assets Pro Forma 2025E
Revenue Split by Metal
NYSE: CDE 8 NYSE: CDE NYSE: CDE Las Chispas Overview Source: SilverCrest disclosure. Note: M&I resources are exclusive of
mineral reserves. See slides in appendix for additional information related to mineral reserves and resources. As of June 30, 2024. Free cash flow calculated as net cash provided by operating activities less sustaining capital expenditures.
See non-GAAP reconciliation tables in the appendix to this presentation. Historic SilverCrest Reserves and Resources are not compliant to current SK-1300 regulations. Coeur has not done sufficient work to classify the historic SilverCrest
estimate under SK-1300 and is not treating it as current mineral reserves or mineral resources. Las Chispas is one of the highest-grade, lowest-cost underground silver and gold mines globally with a proven track record operating in Sonora,
Mexico Asset Overview Reserves & Resources3 P&P Reserves M&I Resources Inferred Resources Summary Statistics LTM Metal Sales LTM Financial Results Cash &
Bullion1 $122M FCF2 $70M OCF $118M Revenue $262M Gold 60K oz Silver 5.7M oz 518.1 446.0 49.7 43.1 2021 71.7 133.9 7.2 12.7 2023 2021 Contained Gold (K oz) 173.4 159.2 14.6 11.5 2023 2021 Contained Silver (M
oz) 2023 Ownership 100% Employees1 313 Employees / 754 Contractors Claims ~1,390 hectares Type Underground Processing Capacity 1,375 tons per day Metals Silver and gold doré P&P Mine life ~8 years
NYSE: CDE 9 NYSE: CDE NYSE:
CDE $22.47 $16.49 $16.07 $15.93 $15.09 $13.64 $12.51 $12.11 $10.76 $7.73 54% 50% 46% 42% 38% 33% 32% 28% 2% 67% La Colorada Puna Fresnillo Saucito Palmarejo San Julian San Dimas CLG Greens Creek Las
Chispas 712 539 407 366 502 442 588 444 192 270 965 574 867 784 380 350 690 598 639 398 223 283 395 343 327 299 270 260 253 248 217 154 124 520 328 378 254 234 355 399 276 172 152 127 Las Saucito Greens La San San Fresnillo Juanicipio CLG Puna Palmarejo Chispas Creek Colorada Julian Dimas Silver
Equivalent Resource Grade Silver and Silver Equivalent Grade1 (g/t) Las Chispas: Tier 1, High Grade, Silver Producing Mine Source: Public disclosures, SilverCrest disclosure. Note: All figures in U.S. dollars unless denoted
otherwise. Silver equivalent calculated based on longer term Street consensus pricing of US$2,022/oz Au and US$25.98/oz Ag. Excludes Juanicipio due to 2023 being a ramp up year. Silver CAS shown where available, silver equivalent cash cost
shown otherwise (equivalent calculation and margin based on average realized silver prices in 2023). Silver Cost Margin Silver Reserves Grade Silver Resource Grade 2023 Actual Silver Cost & Margin2,3 ($/oz & %) Silver Equivalent
Reserves Grade
NYSE: CDE NYSE: CDE NYSE: CDE 10 Unlocking the Full Potential of Las Chispas Note: See slides in appendix for additional
information related to mineral reserves and resources. (1) As of December 31, 2023. (2) On a gold equivalence basis. Gold equivalence assumes gold-to-silver, -lead, -zinc ratios of 1:60, 1:1,200 and 1:1,000, respectively. Leveraging Coeur’s
track record of meaningful mine life extensions through exploration and positioning the combined Company incisively to maximize value at Las Chispas • History of optimizing underground mine throughput The Company has successfully increased
throughput rates and productivity at Palmarejo and Kensington through the combination of sustained exploration investment and business improvement projects to de-bottleneck the mining and processing facilities Both processing plants at
Kensington and Palmarejo are now achieving record historical throughput rates • Proven track record of exploration success and mine life extensions1 Coeur has invested nearly $245 million in exploration over the past five years, contributing
to significant overall reserve and resource growth Over that time, the Company has increased proven and probable reserves by 18% and measured and indicated resources by 88%, net of depletion2
NYSE: CDE NYSE: CDE NYSE: CDE 11 Strong Exploration Potential at Las Chispas • Favorable Geological Setting − Host rocks and
structural setting provides scope for continuity of mineralization • Multiple High-Priority Exploration Targets at Las Chispas − Potential extensions of existing veins including Babicanora and Las Chispas − Several veins remain open in
several directions − Potential for extensions at depth • Highly Endowed Land Package and Region − +20 km of underexplored strike length at Las Chispas − Current resources are estimated on only ~55% of the known silver-gold veins located
at the project (100+) − Priority exploration targets at Picacho, located ~80 km from Las Chispas 1 Km Mine Portals Exploration Inferred Resource Indicated Resource Measured Resource Concession Boundary UG Development Q1 2024 Solid
Line = Drilled Dash Line = Interpreted Vein Traces:
NYSE: CDE NYSE: CDE NYSE: CDE 12 Primary Exchange NYSE NYSE - American / TSX NYSE Producing Asset(s) Rochester / Palmarejo /
Wharf / Kensington Las Chispas Rochester / Las Chispas / Palmarejo / Wharf / Kensington Operating Jurisdictions U.S. / Mexico Mexico U.S. / Mexico 15 5 21 375 57 432 2025E EBITDA ($M) $521 $181 $702 2025E EBITDA Margin
(%) 42.5% 62.1% 46.2% 2025E Free Cash Flow ($M) $272 $89 $361 Cash & Bullion ($M) $74 $196 Debt ($M) $629 -- $629 Debt Net of Cash & Bullion / 2025E EBITDA (Ratio) 1.07x (0.68x) 0.62x Pro Forma Coeur Significantly
Enhanced Scale and Financial Capacity 4 3 $122 3 3 3 3 2025E Gold Production (Koz) 3 2025E Silver Production (Moz) 3 Basic Market Capitalization ($M) 1 $2,827 $1,380 $4,512 2 Last 3 Months Avg. Daily Trading Value
($M) $45 $19 $64 Source: Coeur disclosure, FactSet, SilverCrest disclosure, street research Note: As of June 30, 2024. Free cash flow calculated as operating cash flow less capital expenditures. Pro forma Coeur basic market capitalization
calculated as pro forma basic shares outstanding multiplied by Coeur closing stock price as of October 3, 2024. Aggregated across exchanges. Based on analyst consensus for 2025. EBITDA, EBITDA Margin, Free Cash Flow, and Cash & Bullion
are non-GAAP measure. (4) Excludes operating leases. (5) Includes $98M of cash and cash equivalents and $24M of bullion. 3
NYSE: CDE NYSE: CDE NYSE: CDE 13 35 36 13 13 9 21 18 18 15 9 8 6 10 5 PF Coeur First Majestic Hecla Coeur MAG
Silver SilverCrest Creating a Leading Global Silver Company Source: Coeur disclosure, FactSet, Public disclosures, SilverCrest disclosure. Note: Companies with >30% silver revenue weighting headquartered in U.S. or Canada. Note: First
Majestic shown pro forma for Gatos. Silver equivalent production based on Street consensus pricing of US$2,340/oz Au and US$29.66/oz Ag. Based on analyst consensus for 2025. Pro forma Coeur basic market capitalization calculated as pro forma
basic shares outstanding multiplied by Coeur closing stock price as of October 3, 2024. Basic Market Capitalization3 ($M) Silver Production Silvercorp Endeavour Silver Silver Equivalent
Production $4,512 $4,117 $3,038 $2,827 $1,506 $1,380 $1,063 $983 PF Coeur Hecla First Majestic Coeur MAG Silver SilverCrest Endeavour Silver Silvercorp 2025E Silver and Silver Equivalent Production1,2 (m oz Ag &
AgEq) Peer Leading Silver Production 55 45 Scale & Liquidity
NYSE: CDE NYSE: CDE NYSE: CDE 14 2025E EBITDA1 ($M) Peer Leading Cash Flow Profile Source: FactSet, Street research. Note:
Companies with >30% silver revenue weighting headquartered in U.S. or Canada. Note: Free cash flow calculated as operating cash flow less capital expenditures. Note: First Majestic shown pro forma for Gatos. (1) Based on analyst consensus
for 2025. EBITDA and Free Cash Flow are non-GAAP measures. 2025E Free Cash Flow1 ($M) $702 $521 $463 $428 $194 $181 $172 $151 PF Coeur Coeur Hecla First Majestic Endeavour Silver SilverCrest Silvercorp MAG
Silver $361 $272 $251 $203 $104 $89 $75 $72 PF Coeur Coeur First Majestic Hecla Endeavour Silver SilverCrest MAG Silver Silvercorp Lower Cost & Higher Margins… …Driving Higher Expected Free Cash Flow1
NYSE: CDE NYSE: CDE NYSE: CDE 15 11.8x 8.3x 7.0x Hecla First Majestic Coeur 2.0x 1.3x 1.3x First
Majestic Coeur Hecla $4,512 $4,117 $3,038 $2,827 PF Coeur Hecla First Majestic Coeur 55 35 36 45 21 18 18 15 PF Coeur First Majestic $361 $272 $251 $203 Hecla Significant Re-Valuation Opportunity P/2025E CFPS Ratio2 PF
Coeur Coeur First Majestic Basic Market Capitalization3 ($M) 2025E Silver and Silver Equivalent Production1 P/NAV Ratio2 (m oz Ag & AgEq) Significant Re-Rate Opportunity Silver Production Hecla Coeur Silver Equivalent
Production 2025E Free Cash Flow2 ($M) Significant Re-Rate Opportunity Source: FactSet, Street research. Note: Companies with >30% silver revenue weighting headquartered in U.S. or Canada. Free cash flow calculated as operating cash flow
less capital expenditures. First Majestic shown pro forma for Gatos. Silver equivalent production based on Street consensus pricing of US$2,340/oz Au and US$29.66/oz Ag. Based on analyst consensus for 2025. Free Cash Flow, P/NAV Ratio and
P/CFPS Ratio are non-GAAP measures. Pro forma Coeur basic market capitalization calculated as pro forma basic shares outstanding multiplied by Coeur closing stock price as of October 3, 2024.
NYSE: CDE NYSE: CDE NYSE: CDE 16 Recent Coeur ESG Accomplishments (1) Source(s): U.S. Department of Labor Mine Safety and Health
Administration (MSHA): Metal Operators Mine Safety and Health Statistics; Coeur average 0.17 injuries per 200,000 employee-hours worked vs. Industry average 1.31. (2) For more information on MSCI ESG Ratings, please visit
https://www.msci.com/notice-and-disclaimer. Coeur remains committed to being an ESG leader ISS QualityScore of ‘‘1’’ for Governance (Highest Possible) After recent Board refreshment, 50% of independent directors are diverse Coeur Mexicana
is a 13-time recipient of Empresa Socialmente Responsable distinction Published GHG emissions target: 35% reduction in net intensity by end of 2024 Mitch Krebs, President & CEO, served as Chair of NMA ESG Task Force. Now serves as Chair
of NMA As of 2022, Coeur received an MSCI ESG Rating of “A”1 Sourced renewable power for Rochester and Wharf 2020 & 2019 Winner 2021, 2022, 2023 & 2024 Finalist Best Proxy Statement (mid-/small cap),
Corporate Secretary Published Tailings Management Policy with Global Industry Standard Achieved industry leading & Company record-low lost-time injury frequency rate in 20221 and lowest amongst peers in 2023 Tied executive compensation
and individual incentive programs to GHG goals Adopted biodiversity management standard to identify and mitigate impacts throughout all mining phases
NYSE: CDE NYSE: CDE NYSE: CDE 17 Key ESG Areas of Partnership For Las Chispas Advancing Solar Initiatives Potential to reduce
costs and GHG 5 Year Water Infrastructure Plan Repair infrastructure – Protect Livelihoods Supporting Local Community Built Assay Lab Partnering with Over 60 Local Businesses Relationship Focused Actively partnering with local, state and
Federal Agencies Frequent engagement with local farmers and ranchers
NYSE: CDE NYSE: CDE NYSE: CDE 18 An Unrivaled Silver Investment Vehicle Silver equivalence assumes silver-to-gold ratio of
79.51:1. Based on analyst consensus for 2025. Free Cash Flow is a non-GAAP measure. Creates A Leading Global Silver Company Adds World-Class Las Chispas Operation to Coeur’s Portfolio Dramatically Accelerates Coeur’s Deleveraging
Initiatives Significant & Immediate Addition to Rising Free Cash Flow The combined company is expected to generate peer-leading 2025 production of approximately 21 million ounces of silver and 432,000 ounces of gold Las Chispas sold
approximately 10.25 million silver equivalent ounces1 at average cash costs of $7.73 per ounce in 2023 Combined company expected to generate ~$700 million of EBITDA and ~$350 million of free cash flow2 in 2025 at lower overall costs and
higher overall margins Expected to accelerate debt reduction and result in an immediate 40% reduction in Coeur’s leverage ratio while continuing to reinvest in organic growth opportunities with SilverCrest’s strong cash and equivalents
position and cash flow profile
Appendix
NYSE: CDE NYSE: CDE NYSE: CDE 20 53% 30% Palmarejo (1) As of December 31, 2023. (2) Guidance (or with respect to percentages,
midpoint of guidance) as published by Coeur on August 7, 2024. (3) See slides in appendix for additional information related to mineral reserves and resources. 332,500 oz Gold Silver 12.0M oz Reserves & Resources3 P&P Reserves
M&I Resources Inferred Resources 693 769 50.2 51.0 2018 2023 458 1,321 35.1 85.6 2018 Gold (K oz) 2023 Silver (M oz) 384 381 25.6 18.9 2018 2023 The Palmarejo gold-silver complex is located in the state of Chihuahua,
Mexico, consisting of a legacy open pit mine, current underground mining and processing operations as well as several other deposits and exploration targets Asset Overview Share of Companywide 2024E2 Production Ownership 100% Employees1
909 Claims 67,296 net acres Type Underground Processing Crushing, grinding, flotation, CIL, Merrill- Crowe precipitation, refining Metals Silver and gold doré Mine life ~7 years
NYSE: CDE NYSE: CDE NYSE: CDE 21 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 UG tons
mined 474,159 514,302 501,813 494,835 426,997 UG mining costs per UG ton mined $54 $52 $54 $58 $63 Processing costs per ton processed2 $31 $29 $27 $29 $29 G&A per ton processed3 $16 $13 $18 $15 $17 Palmarejo
(cont.) (1) See applicable non-GAAP reconciliation tables in the appendix to this presentation. (2) Excludes third-party refining charges. (3) Excludes management fee allocated from corporate. Production and Cost Performance Operating Cash
Flow and Capital Expenditures ($M) Operating cash flow Capital expenditures Costs Per Ton ($) 23 33 1,617 27 1,601 25 1,621 1,818 25 1,596 $1,023 $917 $901 $15.16 $15.56 $15.26 $1,010 $13.18 $1,006 $15.24 2Q 2023 3Q 2023
4Q 2023 Gold production (K oz) Silver production (K oz) 1Q 2024 2Q 2024 Adj. CAS per AuOz1 Adj. CAS per AgOz1 $18.6 $22.6 $24.1 $25.6 $23.7 $11.9 $10.8 $8.9 $6.8 $5.9 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024
NYSE: CDE NYSE: CDE NYSE: CDE 22 48% 684 1,238 106.2 192.9 2018 2023 13% Rochester (1) As of December 31, 2023. (2)
Guidance (or with respect to percentages, midpoint of guidance) as published by Coeur on August 7, 2024. (3) See slides in appendix for additional information related to mineral reserves and resources. 332,500 oz Gold
Silver 12.0M oz Reserves & Resources3 P&P Reserves M&I Resources Inferred Resources The Rochester mine is an open pit, heap leach silver-gold operation, located in northern Nevada, which completed a significant expansion in
November 2023 that is expected to drive a step-change in production and cash flow Asset Overview Share of Companywide 2024E2 Production Ownership 100% Employees1 370 Claims 17,044 net acres Type Open pit and heap
leach Processing Crushing, dump heap leaching, Merrill-Crowe precipitation, refining Metals Silver and gold doré Mine life ~16 years Silver (M oz) Gold (K oz) 454 247 69.9 42.8 2018 2023 542 267 88.1 46.0 2018 2023
NYSE: CDE NYSE: CDE NYSE: CDE 23 Rochester (cont.) (1) See applicable non-GAAP reconciliation tables in the appendix to this
presentation. (2) Excludes third-party refining charges. (3) Excludes management fee allocated from corporate. Production and Cost Performance Costs Per Ton ($) Operating Cash Flow and Capital Expenditures ($M) Operating cash flow
Capital expenditures 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 Ore tons mined 3,673,049 5,277,540 4,011,004 2,930,964 4,372,787 Strip Ratio 0.4:1 0.3:1 0.7:1 0.5:1 0.5:1 Mining costs per ton
mined $3.17 $2.49 $2.86 $3.52 $2.81 Processing costs per ton processed2 $6.89 $5.87 $5.63 $5.11 $4.27 G&A per ton
processed3 $2.03 $1.36 $1.94 $2.45 $1.59 683 608 699 973 6 4 6 8 $1,646 $1,899 $1,564 $1,630 $1,813 $20.39 $23.64 $19.33 1,340 20 $18.17 $21.58 2Q 2023 3Q 2023 4Q 2023 Silver production (K oz) Gold production (K
oz) 1Q 2024 2Q 2024 Adj. CAS per AgOz1 Adj. CAS per AuOz1 ($3.8) $11.6 ($5.9) $61.5 $84.4 $65.6 $21.2 $27.5 2Q 2023 ($17.3) 3Q 2023 4Q 2023 ($18.7) 1Q 2024 2Q 2024
NYSE: CDE NYSE: CDE NYSE: CDE 24 30% Kensington (1) As of December 31, 2023. (2) Guidance (or with respect to percentages,
midpoint of guidance) as published by Coeur on August 7, 2024. (3) See slides in appendix for additional information related to mineral reserves and resources. 552 411 2018 2023 Gold Reserves & Resources3 P&P Reserves M&I
Resources Inferred Resources The Kensington mine is an underground gold operation located in southeast Alaska, consisting of the Kensington Main deposit, Raven deposit, Jualin deposit, as well as other nearby deposits and exploration
targets Asset Overview Share of Companywide 2024E2 Production Ownership 100% Employees1 378 Claims 12,336 net acres Type Underground Processing Crushing, grinding, flotation processing Metals Gold concentrate Mine life ~3 years Gold (K
oz) 671 819 2018 2023 161 388 2018 2023 332,500 oz
NYSE: CDE NYSE: CDE NYSE: CDE 25 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 Ore tons
mined 152,035 166,122 197,456 157,382 181,982 Mining costs per ton mined $88 $70 $68 $76 $67 Processing costs per ton processed3 $57 $50 $50 $56 $51 G&A per ton processed4 $49 $48 $47 $51 $46 Kensington (cont.) (1)
See applicable non-GAAP reconciliation tables in the appendix to this presentation. (2) Excludes impact of prepayments. Excludes third-party smelting charges, which are reflected in average realized selling prices of concentrate
production. Excludes management fee allocated from corporate. Production and Cost Performance Costs Per Ton ($) Operating Cash Flow and Capital Expenditures ($M) Operating cash flow2 Gold production (K oz) Adj. CAS per
AuOz1 13 25 27 21 23 $2,927 $1,543 $1,441 $1,840 $1,734 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 $6.3 $6.1 $1.5 $4.6 $11.7 Capital expenditures$15.8 $15.1 $13.3 $16.5 ($13.6) 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024
NYSE: CDE NYSE: CDE NYSE: CDE 26 27% Wharf (1) As of December 31, 2023. (2) Guidance (or with respect to percentages, midpoint
of guidance) as published by Coeur on August 7, 2024. (3) See slides in appendix for additional information related to mineral reserves and resources. Gold Reserves & Resources3 P&P Reserves M&I Resources Inferred Resources The
Wharf mine is an open pit, heap leach gold operation located in western South Dakota. The property consists of several areas of adjoining gold mineralization, which have been mined as a series of open pits Asset Overview Share of Companywide
2024E2 Production Ownership 100% Employees1 243 Claims 7,852 net acres Type Open pit and heap leach Processing Crushing, “on-off” heap leaching, spent ore neutralization, carbon absorption/desorption Metals Electrolytic cathodic
sludge Mine life ~6 years 332,500 oz Gold (K oz) 882 764 2018 2023 297 498 2018 2023 66 149 2018 2023
NYSE: CDE NYSE: CDE NYSE: CDE 27 Wharf (cont.) (1) See applicable non-GAAP reconciliation tables in the appendix to this
presentation. (2) Excludes third-party refining charges. (3) Excludes management fee allocated from corporate. Production and Cost Performance Costs Per Ton ($) 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 Ore tons
mined 984,846 1,021,267 1,488,562 1,157,955 1,163,437 Strip Ratio 1.9:1 3.8:1 1.0:1 3.2:1 2.2:1 Mining costs per ton mined $4.71 $2.76 $5.09 $2.99 $3.52 Pad unload costs per ton mined $1.55 $0.35 $1.46 $0.42 $0.85 Total
mining costs per ton mined (incl. pad unload) $6.25 $3.10 $6.54 $3.40 $4.36 Processing costs per ton processed2 $1.82 $4.25 $1.87 $3.56 $2.40 G&A per ton
processed3 $3.01 $2.94 $3.11 $2.73 $3.22 26 23 30 20 22 $1,035 $1,267 $997 $1,165 $822 2Q 2023 3Q 2023 4Q 2023 Gold production (K oz) 1Q 2024 2Q 2024 Adj. CAS per AuOz1 Operating Cash Flow and Capital
Expenditures ($M) Operating cash flow Capital expenditures $33.8 $19.5 $28.8 $11.1 $17.0 $0.1 $0.7 $1.5 $0.3 $1.2 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024
NYSE: CDE NYSE: CDE NYSE: CDE 28 Silvertip (1) As of December 31, 2023. (2) See slides in appendix for additional information
related to mineral reserves and resources. The Silvertip exploration project is one of the highest-grade polymetallic projects in the world. The site is located in northern British Columbia, Canada and sits within a highly prospective land
package Silver (M oz) Zinc (M lb) Lead (M lb) M&I Resources Inferred Resources Asset Overview Ownership 100% Employees1 68 Claims 98,834 net acres Type Underground Processing Crushing, grinding, flotation processing, concentrate
thickening Metals Lead concentrate, zinc concentrate Reserves & Resources2 8.4 57.7 221.6 1,516.8 105.2 768.7 2018 2023 4.6 16.1 108.6 481.8 58.6 199.8 2018 2023
Non-GAAP Reconciliations
Non-GAAP to U.S. GAAP Reconciliation NYSE: CDE NYSE: CDE NYSE: CDE 30 ($ thousands, except metal sales and per ounce
amounts) Palmarejo Rochester Kensington Wharf Silvertip Total Costs applicable to sales, including amortization (U.S.
GAAP) $59,070 $45,225 $47,166 $20,181 $790 $172,432 Amortization (10,843) (8,570) (6,445) (1,067) (790) (27,715) Reported costs applicable to sales $48,227 $36,655 $40,721 $19,114 - $144,717 Inventory
adjustments (252) (617) 55 (149) - (963) By-product credit - - 50 (1,760) - (1,710) Adjusted costs applicable to sales $47,975 $36,038 $40,826 $17,205 - $142,044 Metal Sales Gold
ounces 24,313 8,150 23,539 20,930 76,932 Silver ounces 1,542,395 985,269 65,063 - 2,592,727 Revenue Split Gold 51% 41% 100% 100% Silver 49% 59% - Adjusted costs applicable to sales Gold
($/oz) $1,006 $1,813 $1,734 $822 $1,264 Silver ($/oz) $15.24 $21.58 - $17.71 Costs Applicable to Sales 3 months ended June 30, 2024 Unaudited
Non-GAAP to U.S. GAAP Reconciliation (cont.) NYSE: CDE NYSE: CDE NYSE: CDE 30 ($ thousands, except metal sales and per ounce
amounts) Palmarejo Rochester Kensington Wharf Silvertip Total Costs applicable to sales, including amortization (U.S.
GAAP) $66,896 $33,632 $44,885 $26,808 $852 $173,073 Amortization (12,602) (6,633) (5,596) (1,393) (852) (27,076) Reported costs applicable to sales $54,294 $26,999 $39,289 $25,415 - $145,997 Inventory
adjustments (468) (3,555) (283) 198 - (4,108) By-product credit - - (34) (1,633) - (1,667) Adjusted costs applicable to sales $53,826 $23,444 $38,972 $23,980 - $140,222 Metal Sales Gold
ounces 33,462 6,185 21,183 20,586 81,416 Silver ounces 1,796,468 735,254 68,713 - 2,600,435 Revenue Split Gold 56% 43% 100% 100% Silver 44% 57% - Adjusted costs applicable to sales Gold
($/oz) $901 $1,630 $1,840 $1,165 $1,267 Silver ($/oz) $13.18 $18.17 - $14.63 Costs Applicable to Sales 3 months ended March 31, 2024 Unaudited
Non-GAAP to U.S. GAAP Reconciliation (cont.) NYSE: CDE NYSE: CDE NYSE: CDE 30 ($ thousands, except metal sales and per ounce
amounts) Palmarejo Rochester Kensington Wharf Silvertip Total Costs applicable to sales, including amortization (U.S.
GAAP) $230,018 $197,663 $178,564 $121,351 $4,018 $731,614 Amortization (35,709) (26,392) (25,905) (6,694) (4,018) (98,718) Reported costs applicable to sales $194,309 $171,271 $152,659 $114,657 - $632,896 Inventory
adjustments (933) (17,305) (988) (653) - (19,879) By-product credit - - (468) (6,439) - (6,907) Adjusted costs applicable to sales $193,376 $153,966 $151,203 $107,565 - $606,110 Metal Sales Gold
ounces 99,043 38,449 84,671 93,348 315,511 Silver ounces 6,534,469 3,339,780 266,156 - 10,140,405 Revenue Split Gold 49% 48% 100% 100% Silver 51% 52% - Adjusted costs applicable to sales Gold
($/oz) $957 $1,922 $1,786 $1,152 $1,355 Silver ($/oz) $15.09 $23.97 - $18.10 Costs Applicable to Sales 12 months ended December 31, 2023 Unaudited
Non-GAAP to U.S. GAAP Reconciliation (cont.) NYSE: CDE NYSE: CDE NYSE: CDE 30 ($ thousands, except metal sales and per ounce
amounts) Palmarejo Rochester Kensington Wharf Silvertip Total Costs applicable to sales, including amortization (U.S.
GAAP) $60,345 $85,155 $46,207 $34,150 $858 $226,715 Amortization (9,949) (13,349) (8,366) (1,892) (858) (34,414) Reported costs applicable to sales $50,396 $71,806 $37,841 $32,258 - $192,301 Inventory
adjustments (195) (17,295) (131) (677) - (18,298) By-product credit - - (275) (2,146) - (2,421) Adjusted costs applicable to sales $50,201 $54,511 $37,435 $29,435 - $171,582 Metal Sales Gold
ounces 24,849 19,174 25,980 29,538 99,541 Silver ounces 1,644,592 1,269,236 86,510 - 3,000,338 Revenue Split Gold 50% 55% 100% 100% Silver 50% 45% - Adjusted costs applicable to sales Gold
($/oz) $1,010 $1,564 $1,441 $997 $1,225 Silver ($/oz) $15.26 $19.33 - $17.03 Costs Applicable to Sales 3 months ended December 31, 2023 Unaudited
Non-GAAP to U.S. GAAP Reconciliation (cont.) NYSE: CDE NYSE: CDE NYSE: CDE 30 ($ thousands, except metal sales and per ounce
amounts) Palmarejo Rochester Kensington Wharf Silvertip Total Costs applicable to sales, including amortization (U.S.
GAAP) $57,083 $34,708 $45,180 $32,614 $919 $170,504 Amortization (9,024) (4,176) (6,894) (1,588) (919) (22,601) Reported costs applicable to sales $48,059 $30,532 $38,286 $31,026 - $147,903 Inventory
adjustments (328) (7,788) (411) (16) - (8,543) By-product credit - - (57) (1,802) - (1,859) Adjusted costs applicable to sales $47,731 $22,744 $37,818 $29,208 - $137,501 Metal Sales Gold
ounces 26,018 4,432 24,516 23,049 78,015 Silver ounces 1,533,975 606,083 73,677 - 2,213,735 Revenue Split Gold 50% 37% 100% 100% Silver 50% 63% - Adjusted costs applicable to sales Gold
($/oz) $917 $1,899 $1,543 $1,267 $1,273 Silver ($/oz) $15.56 $23.64 - $17.85 Costs Applicable to Sales 3 months ended September 30, 2023 Unaudited
Non-GAAP to U.S. GAAP Reconciliation (cont.) NYSE: CDE NYSE: CDE NYSE: CDE 30 ($ thousands, except metal sales and per ounce
amounts) Palmarejo Rochester Kensington Wharf Silvertip Total Costs applicable to sales, including amortization (U.S.
GAAP) $54,608 $29,717 $43,950 $29,634 $1,021 $158,930 Amortization (8,017) (3,649) (4,801) (1,805) (1,021) (19,293) Reported costs applicable to sales $46,591 $26,068 $39,149 $27,829 - $139,637 Inventory
adjustments (209) (1,215) (239) 77 - (1,586) By-product credit - - (63) (1,922) - (1,985) Adjusted costs applicable to sales $46,382 $24,853 $38,847 $25,984 - $136,066 Metal Sales Gold
ounces 22,207 6,493 13,273 25,117 67,090 Silver ounces 1,560,743 694,657 82,013 - 2,337,413 Revenue Split Gold 49% 43% 100% 100% Silver 51% 57% - Adjusted costs applicable to sales Gold
($/oz) $1,023 $1,646 $2,927 $1,035 $1,464 Silver ($/oz) $15.16 $20.39 - $16.77 Costs Applicable to Sales 3 months ended June 30, 2023 Unaudited
Non-GAAP to U.S. GAAP Reconciliation (cont.) NYSE: CDE NYSE: CDE NYSE: CDE 30 ($ thousands) 2Q 2024 1Q 2024 4Q 2023 3Q
2023 Cash flow from operating activities $39,573 ($1,121) $36,096 $43,220 Sustaining capital expenditures (15,253) (10,229) (12,025) (9,836) Free cash flow $24,320 ($11,350) $24,071 $33,384 Unaudited SilverCrest Free Cash Flow
2023 Proven and Probable Mineral Reserves NYSE: CDE NYSE: CDE NYSE: CDE 30 Grade Contained Location Short tons Gold
(oz/t) Silver (oz/t) Gold (oz) Silver (oz) PROVEN RESERVES Palmarejo Mexico 4,203,000 0.060 4.21 252,000 17,698,000 Rochester Nevada, USA 465,919,000 0.002 0.38 1,135,000 177,472,000 Kensington Alaska,
USA 1,009,000 0.186 - 188,000 - Wharf South Dakota, USA 5,931,000 0.032 - 188,000 - Total 477,062,000 0.004 0.41 1,763,000 195,170,000 PROBABLE
RESERVES Palmarejo Mexico 8,580,000 0.060 3.88 517,000 33,283,000 Rochester Nevada, USA 44,524,000 0.002 0.35 104,000 15,413,000 Kensington Alaska, USA 1,109,000 0.201 - 223,000 - Wharf South Dakota,
USA 21,318,000 0.027 - 575,000 - Total 75,531,000 0.019 0.64 1,418,000 48,695,000 PROVEN AND PROBABLE RESERVES Palmarejo Mexico 12,783,000 0.060 3.99 769,000 50,981,000 Rochester Nevada,
USA 510,443,000 0.002 0.38 1,238,000 192,885,000 Kensington Alaska, USA 2,119,000 0.194 - 411,000 - Wharf South Dakota, USA 27,249,000 0.028 - 764,000 - Total Proven and Probable
Reserves 552,594,000 0.006 0.44 3,182,000 243,865,000 Reserves and Resources
Reserves and Resources (cont.) NYSE: CDE NYSE: CDE NYSE: CDE 30 2023 Measured and Indicated Mineral Resources (excluding
Reserves) Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) MEASURED
RESOURCES Palmarejo Mexico 5,674,000 0.070 4.56 396,000 25,875,000 Rochester Nevada, USA 110,460,000 0.002 0.29 200,000 31,587,000 Kensington Alaska, USA 1,653,000 0.286 - 477,000 - Wharf South Dakota,
USA 1,666,000 0.024 - 40,000 - Silvertip Canada 734,000 - 10.56 9.93% 7.88% - 7,749,000 145,703,000 115,648,000 Lincoln Hill Nevada,
USA 4,642,000 0.012 0.34 58,000 1,592,000 Total 124,828,000 0.009 0.54 1,171,000 66,803,000 145,703,000 115,648,000 INDICATED RESOURCES Palmarejo Mexico 15,500,000 0.060 3.85 926,000 59,701,000 Rochester Nevada,
USA 27,170,000 0.002 0.41 47,000 11,237,000 Kensington Alaska, USA 1,278,000 0.268 - 342,000 - Wharf South Dakota,
USA 22,150,000 0.021 - 458,000 - Silvertip Canada 6,418,000 - 7.78 10.68% 5.09% - 49,919,000 1,371,074,000 653,008,000 Lincoln Hill Nevada,
USA 27,668,000 0.011 0.31 306,000 8,655,000 Total 100,184,000 0.021 1.29 2,078,000 129,512,000 1,371,074,000 653,008,000 MEASURED AND INDICATED
RESOURCES Palmarejo Mexico 21,174,000 0.062 4.04 1,321,000 85,576,000 Rochester Nevada, USA 137,630,000 0.002 0.31 247,000 42,824,000 Kensington Alaska, USA 2,931,000 0.279 - 819,000 - Wharf South Dakota,
USA 23,816,000 0.021 - 498,000 - Silvertip Canada 7,152,000 - 8.06 10.60% 5.37% - 57,668,000 1,516,777,000 768,657,000 Lincoln Hill Nevada, USA 32,310,000 0.011 0.32 364,000 10,247,000 Total Measured and Indicated
Resources 225,012,000 0.014 0.87 3,249,000 196,315,000 1,516,777,000 768,657,000
Reserves and Resources (cont.) NYSE: CDE NYSE: CDE NYSE: CDE 30 2023 Inferred Mineral
Resources Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) INFERRED
RESOURCES Palmarejo Mexico 4,207,000 0.091 4.50 381,000 18,933,000 Rochester Nevada, USA 135,104,000 0.002 0.34 267,000 45,959,000 Kensington Alaska, USA 1,567,000 0.248 - 388,000 - Wharf South Dakota,
USA 7,125,000 0.021 - 149,000 - Silvertip Canada 2,345,000 - 6.86 10.27% 4.26% - 16,084,000 481,791,000 199,815,000 Lincoln Hill Nevada, USA 22,952,000 0.011 0.36 255,000 8,163,000 Wilco Nevada,
USA 25,736,000 0.021 0.13 531,000 3,346,000 Total Inferred Resources 199,037,000 0.010 0.46 1,971,000 92,485,000 481,791,000 199,815,000
Reserves and Resources (cont.) NYSE: CDE NYSE: CDE NYSE: CDE 30 Notes to 2023 Mineral Reserves: The Mineral Reserve estimates
are current as of December 31, 2023 and are reported using the definitions in Item 1300 of Regulation S–K (17 CFR Part 229) (SK1300) and were prepared by the company’s technical staff. Assumed metal prices for 2023 Mineral Reserves were $21.00
per ounce of silver, $1,600 per ounce of gold, $1.15 per pound of zinc, $0.95 per pound of lead, except for Kensington at $1,850 per ounce of gold. Palmarejo Mineral Reserve estimates use the following key input parameters: assumption of
conventional longhole underground mining; reported above a variable gold equivalent cut-off grade that ranges from 2.11–2.97 g/t AuEq and an incremental development cut-off grade ranging from 1.16–1.55 g/t AuEq; metallurgical recovery
assumption of 92.0% for gold and 83.0% for silver; mining dilution assumes 0.4–1.1 meter of hanging/foot wall waste dilution; mining loss of 15% was applied; variable mining costs that range from US$44.72–US$85.71/tonne, surface haulage costs
of US$4.92/tonne, process costs of US$32.70/tonne, general and administrative costs of US$14.06/tonne, and surface/auxiliary support costs of US$3.18/tonne. Excludes the impact of the Franco-Nevada gold stream agreement at Palmarejo in
calculation of Mineral Reserves. No assurances can be given that all mineral reserves will be mined, as mineralized material that may qualify as reserves under applicable standards by virtue of having positive economics may not generate
attractive enough returns to be included in our mine plans, due to factors such as the impact of the gold stream at Palmarejo. As a result, we may elect not to mine portions of the mineralized material reported as reserves. Rochester Mineral
Reserve estimates are tabulated within a confining pit design and use the following input parameters: Rochester oxide variable recovery Au = 77.7–85.9% and Ag = 59.4-61.0%; Rochester sulfide variable recovery Au = 15.2–77.7% and Ag =
0.0–59.4%; with a net smelter return cutoff of $3.01/st oxide and US$3.11/st sulfide; Nevada Packard oxide recovery Au = 92.0% and Ag = 61.0%; with a net smelter return cutoff of $5.51/st for oxide, where the NSR is calculated as resource net
smelter return (NSR) = silver grade (oz/ton) * silver recovery (%) * (silver price ($/oz) - refining cost ($/oz)) + gold grade (oz/ton) * gold recovery (%) * (gold price ($/oz) - refining cost ($/oz)); variable pit slope angles that
approximately average 48º over the life-of-mine. Kensington Mineral Reserve estimates use the following key input parameters: assumption of conventional underground mining; gold price of $1,850/oz; reported above a gold cut-off grade of 0.135
oz/st Au; metallurgical recovery assumption of 93.5%; gold payability of 97.5%; mining dilution of 20%; mining loss of 12% was applied; mining costs of US$103.67/ton mined; process costs of US$55.06/ton processed; general and administrative
costs of US$55.37/ton processed; Sustaining capital US$4.50/ton processed; and concentrate refining and shipping costs of US$108.67/oz sold. Wharf Mineral Reserve estimates use the following key input parameters: assumption of conventional
open pit mining; reported above a gold cut-off grade of 0.010 oz/ton Au; average metallurgical recovery assumption of 79.0%; royalty burden of US$64/oz Au; pit slope angles that vary from 34–50º; mining costs of US$2.44/ton mined, process costs
of US$11.71/ton processed (includes general and administrative costs). Rounding of short tons, grades, and troy ounces, as required by reporting guidelines, may result in apparent differences between tons, grades, and contained metal
contents.
Reserves and Resources (cont.) NYSE: CDE NYSE: CDE NYSE: CDE 30 Notes to 2023 Mineral Resources: Mineral Resource estimates
are reported exclusive of Mineral Reserves, are current as of December 31, 2023, and are reported using definitions in SK1300 on a 100% ownership basis. Mineral Resource estimates were prepared by the Company’s technical staff. Assumed metal
prices for 2023 estimated Mineral Resources were $25.00 per ounce of silver, $1,800 per ounce of gold, $1.30 per pound of zinc, $1.00 per pound of lead, unless otherwise noted. Palmarejo Mineral Resource estimates use the following key input
parameters: Assumption of conventional longhole underground mining; reported above a variable gold equivalent cut-off grade that ranges from 1.87–2.64 g/t AuEq; metallurgical recovery assumption of 92.0% for gold and 83.0% for silver; variable
mining costs that range from US$44.72–US$85.71/tonne, surface haulage costs of US$4.92/tonne, process costs of US$32.70/tonne, general and administrative costs of US$14.06/tonne, and surface/auxiliary support costs of US$3.18/tonne. Excludes
the impact of the Franco-Nevada gold stream agreement at Palmarejo in calculation of Mineral Resources. Kensington Mineral Resource estimates use the following key input parameters: metal price of $2,000 per ounce gold, assumption of
conventional longhole underground mining; reported above a variable gold cut-off grade of 0.124 oz/ton Au; metallurgical recovery assumption of 93.5%; gold payability of 97.5%, mining costs of US$103.67/ton mined; process costs of US$55.06/ton
processed; general and administrative costs of US$55.37/ton processed; Sustaining capital US$4.50/ton processed; and concentrate refining and shipping costs of US$108.67/oz sold. Wharf Mineral Resource estimates use the following key input
parameters: assumption of conventional open pit mining; reported above a gold cut-off grade of 0.010 oz/ton Au; average metallurgical recovery assumption of 79.0% across all rock types; royalty burden of US$72/oz Au; pit slope angles that vary
from 34–50º; mining costs of $2.44/ton mined, process costs of US$11.71/ton processed (includes general and administrative costs). (6) Rochester Mineral Resource estimates are tabulated within a confining pit shell and use the following input
parameters: Rochester oxide variable recovery Au = 77.7–85.9% and Ag = 59.4%; Rochester sulfide variable recovery Au = 15.2–77.7% and Ag = 0.0–59.4%; with a net smelter return cutoff of $3.01/st oxide and US$3.11/st sulfide; Nevada Packard
oxide recovery Au = 92.0% and Ag = 61.0%; with a net smelter return cutoff of $5.51/st for oxide, where the NSR is calculated as resource net smelter return (NSR) = silver grade (oz/ton) * silver recovery (%) * (silver price ($/oz) - refining
cost ($/oz)) + gold grade (oz/ton) * gold recovery (%) * (gold price ($/oz) - refining cost ($/oz)); variable pit slope angles that approximately average 48º over the life-of-mine. Silvertip Underground Mineral Resource estimates are reported
using a net smelter return (“NSR”) cutoff of US$130/tonne. Mineral Resources are reported insitu using the following assumptions: The estimate use the following key input parameters: lead recovery of 89-90%, zinc recovery of 82-83% and silver
recovery of 83- 84%. Lead concentrate grade of 53-54%; zinc concentrate grade of 56-57%; mining costs of US$68.77/tonne; processing costs of US$58.20/tonne and US$46.49/tonne, where the NSR ($/tonne) = tonnes x grade x metal prices x
metallurgical recoveries – royalties – TCRCs – transport costs over the life of the mine. Lincoln Hill Open Pit Mineral Resource estimates are reported in-situ and are contained within a confining pit shell and use the following key input
parameters: reported above an oxide gold equivalent cutoff of 0.15 ounces per ton and 0.20 oz ounces per ton assuming a silver to gold ratio of 60:1; gold recoveries of 64%; silver recoveries of 59%; mining costs of US$3.10/ton; process costs
of US$3.60/ton; general and administrative costs of $1.50/ton processed; average pit slope angles of 45º over the life-of-mine. The technical and economic parameters are those that were used in the 2018 Resource Estimation. Based on the QPs
review of the estimate, there would be no material change to the Mineral Resource if a gold price of US$1,700/oz, a silver price of US$22/oz or economic parameters were updated. Therefore the 2018 Mineral Resource is considered current and is
presented unchanged.
Reserves and Resources (cont.) NYSE: CDE NYSE: CDE NYSE: CDE 30 Notes to 2023 Mineral Resources (cont.): Wilco Open Pit
Mineral Resource estimates are reported using an equivalent gold cutoff of 0.20 ounces per ton assuming a silver to gold ratio of 60:1. Resources are reported in-situ and contained withed a conceptual measured, indicated and inferred optimized
pit shell. Silver price of US$20/oz, gold price of US$1,400/oz. Average oxide and sulfide gold recovery is 70%, average carbonaceous gold recovery is 50%. Average oxide and sulfide gold recovery is 60%. Average carbonaceous silver recovery is
50%. Open pit mining cost is US$1.50/ton, processing and processing and G&A cost is US$5.46/ton; average pit slope angles of 50º. The technical and economic parameters are those that were used in the 2018 Resource Estimation. Based on the
QPs review of the estimate, there would be no material change to the mineral resources if a gold price of US$1,700/oz, a silver price of US$22/oz or economic parameters were updated. Therefore the 2018 Mineral Resource report is considered
current and is presented unchanged. Rounding of short tons, grades, and troy ounces, as required by reporting guidelines, may result in apparent differences between tons, grades, and contained metal contents.
Reserves and Resources (cont.) NYSE: CDE NYSE: CDE NYSE: CDE 30 2018 Proven and Probable Mineral
Reserves Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) PROVEN RESERVES Palmarejo Mexico 1,283,000 0.084 4.97 108,000 6,376,000 Rochester Nevada,
USA 228,413,000 0.003 0.44 657,000 101,058,000 Kensington Alaska, USA 1,600,000 0.186 - 298,000 - Wharf South Dakota,
USA 34,043,000 0.026 - 877,000 - Silvertip Canada 280,000 - 10.81 9.83% 7.53% - 3,026,000 55,039,000 42,156,000 Total 265,620,000 0.007 0.41 - - 1,940,000 110,461,000 55,039,000 42,156,000 PROBABLE
RESERVES Palmarejo Mexico 8,118,000 0.072 5.39 585,000 43,788,000 Rochester Nevada, USA 13,166,000 0.002 0.39 27,000 5,141,000 Kensington Alaska, USA 986,000 0.258 - 254,000 - Wharf South Dakota,
USA 153,000 0.033 - 5,000 - Silvertip Canada 1,489,000 - 7.98 7.93% 5.22% - 11,885,000 236,200,000 155,305,000 Total 23,912,000 0.036 2.54 - - 871,000 60,814,000 236,200,000 155,305,000 PROVEN AND PROBABLE
RESERVES Palmarejo Mexico 9,401,000 0.074 5.34 693,000 50,164,000 Rochester Nevada, USA 241,580,000 0.003 0.44 684,000 106,200,000 Kensington Alaska, USA 2.586,000 0.213 - 552,000 - Wharf South Dakota,
USA 34,196,000 0.026 - 882,000 - Silvertip Canada 1,769,000 - 8.43 8.23% 5.58% - 14,911,000 291,239,000 197,461,000 Total Proven and Probable
Reserves 289,532,000 0.010 0.59 - - 2,811,000 171,275,000 291,239,000 197,461,000
Reserves and Resources (cont.) NYSE: CDE NYSE: CDE NYSE: CDE 30 2018 Measured and Indicated Mineral Resources (excluding
Reserves) Grade Contained Location Short tons Gold (oz/t) Silver (oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) MEASURED
RESOURCES Palmarejo Mexico 604,000 0.086 4.77 52,000 2,880,000 Rochester Nevada, USA 164,704,000 0.002 0.35 372,000 57,121,000 Kensington Alaska, USA 1,610,000 0.254 - 409,000 - Wharf South Dakota,
USA 8,070,000 0.034 - 271,000 - Silvertip Canada 112,000 - 11.08 10.03% 8.06% - 1,241,000 22,521,000 18,109,000 Lincoln Hill Nevada,
USA 4,642,000 0.012 0.34 58,000 1,592,000 Total 179,742,000 0.006 0.35 - - 1,162,000 62,834,000 22,521,000 18,109,000 INDICATED RESOURCES Palmarejo Mexico 7,544,000 0.054 4.27 407,000 32,194,000 Rochester Nevada,
USA 34,290,000 0.002 0.37 82,000 12,733,000 Kensington Alaska, USA 1,071,000 0.245 - 262,000 - Wharf South Dakota,
USA 626,000 0.042 - 26,000 - Silvertip Canada 1,179,000 - 6.04 8.44% 3.69% - 7,118,000 199,096,000 87,082,000 Lincoln Hill Nevada,
USA 27,668,000 0.011 0.31 306,000 8,655,000 Total 72,378,000 0.015 0.84 - - 1,083,000 60,700,000 199,096,000 87,082,000 MEASURED AND INDICATED
RESOURCES Palmarejo Mexico 8,149,000 0.056 4.30 458,000 35,074,000 Rochester Nevada, USA 198,994,000 0.002 0.35 454,000 69,854,000 Kensington Alaska, USA 2,681,000 0.250 - 671,000 - Wharf South Dakota,
USA 8,696,000 0.034 - 297,000 - Silvertip Canada 1,292,000 - 6.47 8.58% 4.07% - 8,359,000 221,617,000 105,191,000 Lincoln Hill Nevada, USA 32,310,000 0.011 0.32 364,000 10,247,000 Total Measured and Indicated
Resources 252,122,000 0.009 0.49 - - 2,244,000 123,534,000 221,617,000 105,191,000
Reserves and Resources (cont.) NYSE: CDE NYSE: CDE NYSE: CDE 30 2018 Inferred Mineral Resources Notes to 2018 mineral reserves
and resources: Effective December 31, 2018. Assumed metal prices for Mineral Reserves were $17.00 per ounce of silver, $1,250 per ounce of gold, $1.25 per pound zinc, $1.00 per pound lead. Assumed metal prices for estimated Mineral Resources
were $20.00 per ounce of silver, $1,400 per ounce of gold, $1.30 per pound zinc, $1.05 per pound lead, except Lincoln Hill and Wilco at $1,350 per ounce gold and $22.00 per ounce silver. Mineral Resources are in addition to Mineral Reserves
and do not have demonstrated economic viability. Inferred Mineral Resources are considered too speculative geologically to have the economic considerations applied to them that would enable them to be considered for estimation of Mineral
Reserves, and there is no certainty that the Inferred Mineral Resources will be realized. The preliminary economic assessment for the re-scoped mine plan at Kensington is preliminary in nature and includes Inferred Mineral Resources, and does
not have as high a level of certainty as a plan that was based solely on proven and probable reserves and there is no certainty that the results from the preliminary economic assessment will be realized. Rounding of tons and ounces, as
required by reporting guidelines, may result in apparent differences between tons, grade, and contained metal content. For details on the estimation of mineral resources and reserves, including the key assumptions, parameters and methods used
to estimate the Mineral Resources and Mineral Reserves, Canadian investors should refer to the NI 43-101 Technical Reports for Coeur's properties on file at www.sedarplus.ca. Grade Contained Location Short tons Gold (oz/t) Silver
(oz/t) Zinc (%) Lead (%) Gold (oz) Silver (oz) Zinc (lbs) Lead (lbs) INFERRED RESOURCES Palmarejo Mexico 5,875,000 0.065 4.36 384,000 25,609,000 Rochester Nevada,
USA 235,062,000 0.002 0.37 542,000 88,075,000 Kensington Alaska, USA 710,000 0.227 - 161,000 - Wharf South Dakota,
USA 2,553,000 0.026 - 66,000 - Silvertip Canada 583,000 - 7.91 9.31% 5.02% - 4,612,000 108,621,000 58,593,000 Lincoln Hill Nevada, USA 22,952,000 0.011 0.36 255,000 8,163,000 Wilco Nevada,
USA 25,736,000 0.021 0.13 531,000 3,346,000 Total Inferred Resources 293,471,000 0.007 0.44 - - 1,939,000 129,805,000 108,621,000 58,593,000
SilverCrest Reserves and Resources NYSE: CDE NYSE: CDE (16) For details on the estimation of mineral resources and reserves,
including the key assumptions, parameters and methods used to estimate the Mineral Resources and Mineral Reserves, Canadian investors should refer to the NI 43-101 Technical Reports for Coeur's properties on file at www.sedarplus.ca. NYSE:
CDE 46 2023 Proven and Probable Mineral Reserves Grade Contained Classification Tonnes (k) Gold (g/t) Silver (g/t) AgEq (g/t) Gold (k oz) Silver (k oz) AgEq (k
oz) Babicanora Proven 345 7.03 665 1,224 78 7,382 13,589 Babicanora Probable 2,334 3.90 370 679 292 27,734 50,987 Las Chispas Proven - - - - - - - Las
Chispas Probable 401 3.09 399 645 40 5,152 8,323 Babicanora + Las Chispas Proven + Probable 3,081 4.14 407 736 410 40,269 72,899 Run of Mine Stockpile Proven 168 5.56 428 869 30 2,311 4,699 Historical
Stockpile Proven 150 1.14 112 203 6 541 980 Total Stockpile Proven 318 3.47 279 555 36 2,852 5,679 Total Mineral Reserve Estimate Proven + Probable 3,399 4.08 395 719 446 43,121 78,579 Notes to 2023 mineral reserves
and resources: The effective date of the estimate is June 30, 2022. The Mineral Reserve is estimated using the 2019 CIM Estimation of Mineral Resources & Mineral Reserves Best Practice Guidelines and 2014 CIM Definition Standards for
Mineral Resources & Mineral Reserves. The Mineral Reserve is estimated with a 372 gpt AgEq fully loaded COG for the deposit and an 85 gpt AgEq Marginal COG for development. The Mineral Reserve is estimated using long-term prices of
$1,650/oz for gold and $21.00/oz for silver. A government gold royalty of 0.5% is included in the Mineral Reserve estimates. Stockpile values were provided by SilverCrest and account for approximately 7% of mineral reserve ounces. The
Mineral Reserve is estimated with a maximum mining recovery of 95%, with reductions in select areas based on geotechnical guidelines. The Mineral Reserve presented includes both internal and external dilution. The external dilution includes a
mining dilution of 0.5 m width on both the hanging wall and footwall for the long hole mining method (1 m total), and a 0.2 m width on both the hanging wall and footwall for the resue mining methods (0.4 m total). Cut-and-fill mining was
assumed as breasting in all cases, using the ore sill drive width of 3.3 m as a minimum mining width inclusive of dilution. Additional external dilution was applied in select areas based on geotechnical recommendations. Backfill dilution is
also included and represents 4% for the long hole mining method and 7% for cut-and-fill and resue mining methods. A minimum mining width of 1.5 m, 3.3 m and 0.5 m was used for the long-hole, cut-and-fill and resue mining methods,
respectively. Average metallurgical recoveries applied are 97.9% Au and 96.7% Ag. The economic viability of the Mineral Reserve has been demonstrated. AgEq(gpt) = (Au(gpt) * 79.51 + Ag(gpt)). AgEq calculations consider metal prices,
metallurgical recoveries, Mexican Government gold royalty and tax rate. Estimates use metric units (metres (m), tonnes (t), and gpt). Metal contents are presented in troy ounces (metric tonne x grade / 31.103475). The independent Qualified
Person is not aware of any known environmental, permitting, legal, title-related, taxation, socio-political or marketing issues, or any other relevant issue that could materially affect the Mineral Reserve Estimate. Totals may not add due to
rounding.
SilverCrest Reserves and Resources (cont.) NYSE: CDE NYSE: CDE (10) For details on the estimation of mineral resources and
reserves, including the key assumptions, parameters and methods used to estimate the Mineral Resources and Mineral Reserves, Canadian investors should refer to the NI 43-101 Technical Reports for Coeur's properties on file at
www.sedarplus.ca. NYSE: CDE 47 2023 Measured and Indicated Mineral Resources (excluding Reserves) & Inferred Mineral Resources Grade Contained Classification Tonnes (k) Gold (g/t) Silver (g/t) AgEq (g/t) Gold (k oz) Silver (k
oz) AgEq (k oz) Babicanora Area Veins Measured 206.6 13.67 1,298 2,376 90.8 8,561 15,779 Babicanora Area Veins Indicated 1,726.3 7.09 658 1,222 393.6 36,540 67,238 Babicanora Area Veins Measured +
Indicated 1,932.9 7.79 726 1,345 484.3 45,101 83,611 Las Chispas Area Veins Indicated 441.6 4.22 552 888 60.0 7,835 12,605 Total Undiluted Veins Measured +
Indicated 2,374.5 7.13 693 1,260 544.3 52,936 96,216 Historical Stockpiles Indicated 151.8 1.14 112 203 5.6 546 990 Run of Mine Stockpiles Measured 168.1 5.56 428 869 30.0 2,311 4,699 Total (Veins +
Stockpiles) Measured + Indicated 2,694.4 6.69 644 1,176 579.9 55,794 101,905 Babicanora Area Veins Inferred 953.5 4.49 267 624 137.5 8,188 19,123 Las Chispas Area
Veins Inferred 373.6 1.81 274 418 21.7 3,296 5,024 Total Undiluted Veins Inferred 1,327.1 3.73 269 566 159.2 11,484 24,147 Notes to 2023 mineral reserves and resources: Mineral Resources that are not Mineral Reserves and do
not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues. The Inferred Mineral Resource
in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It can be reasonably expected that the majority of the Inferred Mineral Resource could be
upgraded to an Indicated Mineral Resource with continued exploration. The effective date for M&I Resource estimates of the veins and stockpiles was June 30, 2022, while Inferred Resource estimates for the veins was effective March 31,
2023. Mined areas as of June 30, 2022, were removed from the wireframes and block models. AgEq is based on Ag:Au ratio of 79.51:1 calculated using $1,650/oz Au and $21/oz Ag, with average metallurgical recoveries of 97.9% Au and 96.7% Ag and
99.9% payable for both Au and Ag. Mineral Resources are inclusive of the Mineral Reserves. All numbers are rounded. Cut-off grade (“COG”) used for In-situ material is 150 gpt AgEq and, for Historical stockpiles is 110 gpt AgEq. No cut-off
grade was applied to ROM stockpile as it is based on material mined.
SilverCrest Reserves and Resources (cont.) NYSE: CDE NYSE: CDE should refer to the NI 43-101 Technical Reports for Coeur's
properties on file at www.sedarplus.ca. Note: Historic SilverCrest Reserves and Resources are not compliant to current SK-1300 regulations. Coeur has not done sufficient work to classify the historic SilverCrest estimate under SK-1300 and is
not treating it as current mineral reserves or mineral resources. NYSE: CDE 48 2021 Proven and Probable Mineral Reserves Grade Contained Tonnes (k) Gold (g/t) Silver (g/t) AgEq (g/t) Gold (k oz) Silver (k oz) AgEq (k
oz) Proven 336.5 6.21 552 1,091 67.1 5,971 11,806 Probable 3,014.7 4.65 541 855 451.0 43,707 82,898 Total Mineral Reserve Estimate 3,351.2 4.81 461 879 518.1 49,679 94,740 Notes to 2021 mineral reserves and
resources: The Mineral Reserve is estimated using the 2019 CIM Estimation of Mineral Resources & Mineral Reserves Best Practice Guidelines and 2014 CIM Definition Standards for Mineral Resources & Mineral Reserves. The Mineral Reserve
is estimated with a variable COG which was calculated by vein width and economic and operating parameters. Refer to Subsection 15.2 for COG estimation details. The Mineral Reserve is estimated using long-term prices of $1,410/oz for gold and
$16.60/oz for silver. A government gold royalty of 0.5% is included in the Mineral Reserve estimates. The Mineral Reserve is estimated with a mining recovery of 95%. The Mineral Reserve presented includes both internal and external dilution.
The external dilution included a mining dilution of 0.5 m width on the hanging wall and footwall for the long hole mining method and a 0.2 m width on the hanging wall and footwall for the cut-and-fill and resue mining methods. Backfill dilution
is also included and represents 7% for the long hole mining method and 10% for cut-and-fill and resue mining methods. A minimum mining width of 1.5 m was used for the long hole and cut-and-fill mining methods. A minimum mining width of 0.5 m
was used for the resue mining method. The economic viability of the Mineral Reserve has been demonstrated. AgEq is based on gold to silver ratio of 86.9:1 calculated using US$1,410/oz Au and US$16.60/oz Ag, with average metallurgical
recoveries of 96% Au and 94% Ag. The Qualified Person for the estimate is Mr. Carl Michaud, P.Eng., Underground Engineering Manager for GMS. The estimate has an effective date of January 4, 2021. Totals may not add due to rounding. For
details on the estimation of mineral resources and reserves, including the key assumptions, parameters and methods used to estimate the Mineral Resources and Mineral Reserves, Canadian investors
SilverCrest Reserves and Resources (cont.) NYSE: CDE NYSE: CDE should refer to the NI 43-101 Technical Reports for Coeur's
properties on file at www.sedarplus.ca. Note: Historic SilverCrest Reserves and Resources are not compliant to current SK-1300 regulations. Coeur has not done sufficient work to classify the historic SilverCrest estimate under SK-1300 and is
not treating it as current mineral reserves or mineral resources. NYSE: CDE 48 2021 Measured and Indicated Mineral Resources (excluding Reserves) & Inferred Mineral Resources Grade Contained Classification Tonnes (k) Gold
(g/t) Silver (g/t) AgEq (g/t) Gold (k oz) Silver (k oz) AgEq (k oz) Babicanora Area Total Measured + Indicated 2,214.5 7.35 681 1,319 523.2 48,471 93,939 Las Chispas Area
Total Indicated 445.1 4.20 548 913 60.1 7,844 13,065 Total Undiluted Veins Measured + Indicated 2,659.6 6.82 659 1,251 583.3 56,316 107,004 Stockpiles Indicated 164.2 1.232 108 215 6.5 572 1,135 Total (Veins +
Stockpiles) Measured + Indicated 2,823.8 6.50 627 1,191 589.8 56,888 108,139 Babicanora Area Total Inferred 861.6 5.47 409 884 151.6 11,325 24,496 Las Chispas Area
Total Inferred 378.4 1.80 272 428 21.9 3,308 5,209 Total Undiluted Veins Inferred 1,240.0 4.35 267 745 173.4 14,634 29,705 Notes to 2021 mineral reserves and resources: Mineral Resources that are not Mineral Reserves do not
have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues. The Inferred Mineral Resource in
this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It can be reasonably expected that the majority of the Inferred Mineral Resource could be upgraded
to an Indicated Mineral Resource with continued exploration. The Mineral Resources in the Report were estimated using the 2019 CIM Estimation of Mineral Resources & Mineral Reserves Best Practice Guidelines and 2014 CIM Definition
Standards for Mineral Resources & Mineral Reserves. Historical mined areas were removed from the wireframes and block model. AgEq is based on gold to silver ratio of 86.9:1 calculated using $1,410/oz Au and $16.60/oz Ag, with average
metallurgical recoveries of 96% Au and 94% Ag. Mineral Resources are inclusive of the Mineral Reserves stated in Section 15. Totals may not add due to rounding. For details on the estimation of mineral resources and reserves, including the
key assumptions, parameters and methods used to estimate the Mineral Resources and Mineral Reserves, Canadian investors
No Offer or Solicitation Communications in the news release do not constitute an offer to sell or the solicitation of an offer to
subscribe for or buy any securities or a solicitation of any vote or approval with respect to the proposed Transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Important Additional Information In connection with the Transaction, Coeur and SilverCrest intend to file
materials with the Securities and Exchange Commission (the “SEC”) and on SEDAR+, as applicable. Coeur intends to file a definitive proxy statement on Schedule 14A (the “Proxy Statement”) with the SEC in connection with the solicitation of
proxies to obtain Coeur stockholder approval of (A) the issuance of shares of common stock of Coeur in connection with the Transaction (the “Stock Issuance”) and (B) the amendment of the Coeur certificate of incorporation to increase the number
of authorized shares of Coeur common stock (the “Charter Amendment”), and SilverCrest intends to file a notice of the SilverCrest shareholder meeting and accompanying management information circular (the “Circular”) with the Toronto Stock
Exchange and on SEDAR+ and with the SEC in connection with the solicitation of proxies to obtain SilverCrest shareholder approval of the Transaction. After the Proxy Statement is cleared by the SEC, Coeur intends to mail a definitive Proxy
Statement to the stockholders of Coeur. This communication is not a substitute for the Proxy Statement, the Circular or for any other document that Coeur or SilverCrest may file with the SEC or on SEDAR+ and/or send to Coeur stockholders and/or
SilverCrest’s shareholders in connection with the Transaction. INVESTORS AND SECURITY HOLDERS OF COEUR AND SILVERCREST ARE URGED TO CAREFULLY AND THOROUGHLY READ THE PROXY STATEMENT AND THE CIRCULAR, RESPECTIVELY, AS EACH MAY BE AMENDED OR
SUPPLEMENTED FROM TIME TO TIME, AND OTHER RELEVANT DOCUMENTS FILED BY COEUR AND/OR SILVERCREST WITH THE SEC OR ON SEDAR+, WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT COEUR, SILVERCREST, THE TRANSACTION, THE
RISKS RELATED THERETO AND RELATED MATTERS. Stockholders of Coeur and shareholders of SilverCrest will be able to obtain free copies of the Proxy Statement and the Circular, as each may be amended from time to time, and other relevant documents
filed by Coeur and/or SilverCrest with the SEC or on SEDAR+ (when they become available) through the website maintained by the SEC at www.sec.gov or on SEDAR+ at www.sedarplus.ca, as applicable. Copies of documents filed with the SEC by Coeur
will be available free of charge from Coeur’s website at www.coeur.com under the “Investors” tab or by contacting Coeur’s Investor Relations Department at (312) 489-5800 or [email protected]. Copies of documents filed with the SEC or on
SEDAR+ by SilverCrest will be available free of charge from SilverCrest’s website at www.silvercrestmetals.com under the “Investors” tab or by contacting SilverCrest’s Investor Relations Department at 604-694-1730 ext. 104. Participants in the
Solicitation Coeur, SilverCrest and their respective directors and certain of their executive officers and other members of management and employees may be deemed, under SEC rules, to be participants in the solicitation of proxies from Coeur’s
stockholders and SilverCrest’s shareholders in connection with the Transaction. Information regarding the executive officers and directors of Coeur is included in its definitive proxy statement for its 2024 annual meeting under the headings
“Proposal No. 1 – Election of Directors”, “Information about our Executive Officers”, “Compensation Discussion and Analysis”, and “Director Compensation”, which was filed with the SEC on April 4, 2024 and is available at
https://www.sec.gov/ix?doc=/Archives/edgar/data/215466/000114036124017966/ny20018623x1_def14a.htm. Information regarding the directors and certain executive officers of SilverCrest is included in its information circular and proxy statement for
its 2024 annual meeting under the headings “Compensation of Executive Officers and Directors” and “Compensation Discussion and Analysis”, which was filed on SEDAR+ on April 18, 2024 and is available at
https://www.silvercrestmetals.com/_resources/agm/2024-Information-Circular.pdf?v=093009. Additional information regarding the persons who may be deemed participants and their direct and indirect interests, by security holdings or otherwise,
will be set forth in the Proxy Statement, the Circular and other materials when they are filed with the SEC or on SEDAR+ in connection with the Arrangement. Free copies of these documents may be obtained as described in the paragraphs
above. NYSE: CDE NYSE: CDE NYSE: CDE 50 Important Additional Information
Contact Information Corporate Office Coeur Mining, Inc. 200 S. Wacker Dr., Suite 2100 Chicago, IL 60606 Main Telephone +1
(312) 489-5800 Stock Ticker NYSE: CDE Website www.coeur.com Contact Jeff Wilhoit Senior Director, Investor Relations [email protected] Corporate Office SilverCrest Metals Inc. 570 Granville Street, Suite 501 Vancouver, British
Columbia V6C 3P1 Main Telephone +1 (604) 694-1730 Stock Ticker TSX: SIL NYSE American: SILV Website www.silvercrestmetals.com Contact Lindsay Bahadir Manager, Investor Relations &
Organizational Effectiveness [email protected] NYSE: CDE NYSE: CDE NYSE: CDE 50