Coeur Mining : Raymond James London Silver Conference

Raymond James London Silver Conference

May 2025

NYSE: CDE

Company Overview

Headquartered in Chicago, IL, Coeur Mining (NYSE: CDE) is a growing, multi-asset precious metals producer with a focus on generating sustainable, high-quality cash flow from its North American asset base

U.S. organic growth offers unique near-term catalyst

Silvertip

Kensington

Wharf

Rochester

Corporate Office

Las Chispas

Palmarejo

Operating Mine

Exploration Project

2025E1 Revenue Mix

~57%

~43%

Ag

~33%

Au

~67%

NYSE: CDE

1. Based on midpoint of guidance as published by Coeur on May 7, 2025. Based on spot price of $2,900 per ounce of gold and $32.00 per ounce of silver.

NYSE: CDE 3

Las Chispas: Tier 1, High Grade, Silver Producing Mine

Silver and Silver Equivalent Grade1

(g/t)

520

395

343

328

327

378

366

270

355

399

299

254

260

276

234

253

248

217

172

192

154

152

124

127

965

867

784

712

539

574

407

380

350

502

690

442

598

588

639

444

398

223

270

283

Las Chispas

Saucito Greens Creek

La Colorada

San Julian

San Dimas

Fresnillo Juanicipio CLG Puna Palmarejo

Silver Reserves Grade

Silver Resource Grade Silver Equivalent Reserves Grade

Silver Equivalent Resource Grade

2023 Actual Silver Cost & Margin2,3

($/oz & %)

$22.47

67%

$16.49

54%

$15.09

$15.93

$16.07

$13.64

$12.11

$12.51

$10.76

$7.73

50%

46%

42%

38%

32%

33%

28%

2%

Las Chispas

Greens Creek

CLG

San Dimas

San Julian

Palmarejo

Saucito

Fresnillo

Puna

La Colorada

NYSE: CDE

Silver Cost Margin

Source: Public disclosures, SilverCrest disclosure.

Note: All figures in U.S. dollars unless denoted otherwise.

1. Silver equivalent calculated based on longer term Street consensus pricing of US$2,022/oz Au and US$25.98/oz Ag.

2. Excludes Juanicipio due to 2023 being a ramp-up year.

3. Silver CAS shown where available, silver equivalent cash cost shown otherwise (equivalent calculation and margin based on average realized silver prices in 2023).

NYSE: CDE 4

Rochester Overview

Rochester is one of the largest operations of its kind in the world and is America's largest source of domestically produced and refined silver. 2025 represents the first full year post-expansion with significant expected production increases, materially lower expected costs, and a substantially larger reserve base

18 %

20 %

193

191

180

1.3

1.2

161

1.2

1.1

Production and Cost Profile Proven and Probable Reserves3

$2,268

$1,691

$1,922

$1,663

$1,250 - $1,450

$23.57 $25.74 $23.97

$20.07 $14.50 - $16.50

7.0 - 8.3

4.4

60 - 75

3.2

3.1

3.4

27

35

39

39

2021 2022 2023 2024 2025E1

2021 2022 2023 2024

Silver production (K oz) Gold production (K oz)

Costs Per Ton

Adj. CAS per AgOz2 Adj. CAS per AuOz2

Gold (M oz)

Silver (M oz)

($)	2021	2022	2023	2024	2025E6	Y-o-Y %
Mining costs per ton mined	$2.64	$2.55	$2.89	$2.57	$1.50 - $1.75	(37%)
Processing costs per ton processed4	$4.62	$4.82	$6.61	$3.82	$2.75 - $3.25	(21%)
G&A per ton processed5	$1.35	$1.30	$1.85	$1.38	$1.00 - $1.25	(18%)

NYSE: CDE

1. Guidance as published by Coeur on May 7, 2025.

2. See applicable non-GAAP reconciliation tables in the appendix to this presentation.

3. See slides in appendix for additional information related to mineral reserves and resources.

4. Excludes third-party refining charges.

5. Excludes management fee allocated from corporate.

6. Estimates based upon range of 28 - 32 million tons mined and processed in 2025.

7. Based on midpoint of 2025E ranges.

NYSE: CDE 5