Coeur Mining : RBC Capital Markets Global Mining and Materials Conference Presentation

RBC Capital Markets Global Mining and Materials Conference Presentation

November 2021

NYSE: CDE

NYSE: CDE

1

JC 2016

Cautionary Statements

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, expectations regarding environmental, social and governance ("ESG") initiatives, goals and targets, anticipated production, costs and expenses, exploration and development efforts, health and safety protocols, COVID-19 planning and response measures, operations, expectations and initiatives at the Palmarejo, Rochester, Kensington, Wharf and Silvertip mines including the POA 11 expansion project and the potential expansion and restart of Silvertip and timing thereof, expectations regarding the sale of the La Preciosa project and the value of the consideration, supply and labor disruption, inflation, capital allocation, growth, results and hedging strategies. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause Coeur's 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 the strategies, initiatives and expectations described in this presentation are not achieved on a timely basis or at all, the risks and hazards inherent in the mining business (including risks inherent in developing large-scale mining projects, environmental hazards, industrial accidents, weather, or geologically related conditions), changes in the market prices of gold, silver, zinc, and lead, and a sustained lower price or higher treatment and refining charge environment, the uncertainties inherent in Coeur's production, exploratory and developmental activities, including risks relating to permitting and regulatory delays (including the impact of government shutdowns), ground conditions, grade variability, any future labor disputes, or work stoppages, the uncertainties inherent in the estimation of mineral reserves and resources, changes that could result from Coeur's future acquisition of new mining properties or businesses, the loss or insolvency of any third-party smelter to which Coeur markets its production, the potential effects of the COVID-19 pandemic, including impacts to workforce, equipment and materials availability, inflationary pressures, continued access to financing sources, government orders that may require temporary suspension of operations at one or more of our sites and effects on our suppliers or the refiners and smelters to whom the Company markets its production and the communities where the Company operates, 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 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 Forms 10-K and 10-Q. 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 disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, Coeur undertakes no obligation to comment on analyses, expectations, or statements made by third parties in respect of Coeur, its financial or operating results or its securities.

Christopher Pascoe, Coeur's Director, Technical Services and a qualified person under Canadian National Instrument 43-101, reviewed and approved the scientific and technical information concerning Coeur's mineral projects in this presentation. 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. For a description of the key assumptions, parameters and methods used to estimate mineral reserves and resources, 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, socio-political, marketing or other relevant factors, Canadian investors should see the Technical Reports for each of Coeur's properties as filed on SEDAR at www.sedar.com.

Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We may use certain terms in public disclosures, such as "measured," "indicated," "inferred" and "resources," that are recognized by Canadian regulations, but that SEC guidelines generally prohibit U.S. registered companies from including in their filings with the SEC. U.S. investors are urged to consider closely the disclosure in our Form 10-K which may be secured from us, or from the SEC's website at http://www.sec.gov.

Non-U.S. GAAP Measures - We supplement the reporting of our financial information determined under United States generally accepted accounting principles (U.S. GAAP) with certain non-U.S. GAAP financial measures, including adjusted net income (loss), operating cash flow before changes in working capital, adjusted EBITDA, adjusted EBITDA margin, total leverage, net leverage, free cash flow and adjusted costs applicable to sales per ounce/pound. We believe that these adjusted measures provide meaningful information to assist management, investors and analysts in understanding our financial results and assessing our prospects for future performance. We believe these adjusted financial measures are important indicators of our recurring operations because they exclude items that may not be indicative of, or are unrelated to our core operating results, and provide a better baseline for analyzing trends in our underlying businesses. We believe adjusted net income (loss), adjusted EBITDA, adjusted EBITDA margin, total leverage, net leverage, free cash flow and adjusted costs applicable to sales per ounce/pound are important measures in assessing the Company's overall financial performance. This presentation does not represent an offer of any securities for sale.

NYSE: CDE

2

JC 2016

Company Overview

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

Five

Three

Cash Flow & Returns

Committed

Best-in-class

quality operations

top jurisdictions

focused

community partner

corporate governance

Palmarejo

Chihuahua, MX

Au

Ag

Rochester

SILVERTIP

Nevada, US

KENSINGTON

Ag

Au

Kensington

Alaska, US

WHARF

Au

Whar f

ROCHESTER

CORPORATE OFFICE

South Dakota, US

Au

PALMAREJO

Silver tip

British Columbia, CA

Ag

Zn Pb

NYSE: CDE

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JC 2016

Key Messages

Rebuilt

Foundation

Industry

Leader in ESG

Transformational

Expansion at

Rochester

High-Impact

Exploration

Growth

Silvertip

Potential

Restart

Robust

Three-Year

Outlook

Coeur has established a healthy culture, developed a solid strategy, and assembled a strong, aligned team to execute the strategy and deliver

consistent results

The Company is an industry leader in environmental, social and governance practices

The expansion of Rochester is technically sound, provides excellent economics, has a solid funding plan, and is expected to fundamentally reshape Coeur

The Company's higher level of exploration investment is a key differentiator and is leading to new discoveries, longer mine lives and higher returns

Recent technical work and exploration results are creating a potentially compelling path forward

The three-year outlook reflects strong returns from the Company's portfolio followed by an anticipated step change in cash flow post- Rochester expansion

NYSE: CDE

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Well-Established Leadership Team

Executive Team	Board of Directors

Mitchell J. Krebs	Thomas S. Whelan	Robert E. Mellor	Linda L. Adamany
President and	Senior Vice President and	Independent Chairman	Independent Director
Chief Executive Officer1	Chief Financial Officer

Michael "Mick" Routledge	Casey M. Nault	Sebastian Edwards	Randolph E. Gress
Senior Vice President and	Senior Vice President,	Independent Director	Independent Director
Chief Operating Officer	General Counsel and Secretary

Hans J. Rasmussen	Emilie C. Schouten	Eduardo Luna	Jessica L. McDonald
Senior Vice President,	Senior Vice President,	Independent Director	Independent Director
Exploration	Human Resources

	Alim A. Visram		John H. Robinson	J. Kenneth Thompson
	Vice President,		Independent Director	Independent Director
	Corporate Development

(1) Mr. Krebs also a member of the Board of Directors.

NYSE: CDE

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JC 2016