SSR Mining : CIBC Western Institutional Investor Conference Presentation

A FREE CASH FLOW FOCUSED GOLD PRODUCER

CIBC Western Institutional Investor Conference

January 2022

Cautionary Notes

Cautionary Note Regarding Forward-Looking Statements

Except for statements of historical fact relating to the Company, certain statements contained in this presentation constitute forward-looking information, future oriented financial information, or financial outlooks (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information may be contained in this document and the Company's other public filings. Forward-looking information relates to statements concerning the Company's outlook and anticipated events or results and in some cases, can be identified by terminology such as "may", "will", "could", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "projects", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts.

Forward-looking information and statements in this presentation are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking information and statements are based are reasonable, undue reliance should not be placed on the forward-looking information and statements because the Company can give no assurance that they will prove to be correct. Forward-looking information and statements are subject to various risks and uncertainties which could cause actual results and experience to differ materially from the anticipated results or expectations expressed in this presentation. The key risks and uncertainties include, but are not limited to: local and global political and economic conditions; governmental and regulatory requirements and actions by governmental authorities, including changes in government policy, government ownership requirements, changes in environmental, tax and other laws or regulations and the interpretation thereof; developments with respect to COVID-19 pandemic, including the duration, severity and scope of the pandemic and potential impacts on mining operations; and other risk factors detailed from time to time in the Company's reports filed with the Securities and Exchange Commission on EDGAR and the Canadian securities regulatory authorities on SEDAR.

Forward-looking information and statements in this presentation include statements concerning, among other things: forecasts; outlook; timing of production; production, cost, operating and capital expenditure guidance; the Company's intention to return excess attributable free cash flow to shareholders; the timing and implementation of the Company's dividend policy; the implementation of any share buyback program and the amount thereof; statements regarding plans or expectations for the declaration of future dividends and the amount thereof; future cash costs and all in sustaining costs ("AISC") per ounce of gold, silver and other metals sold; the prices of gold, silver and other metals; Mineral Resources, Mineral Reserves, realization of Mineral Reserves, and the existence or realization of Mineral Resource estimates; the Company's ability to discover new areas of mineralization; the timing and extent of capital investment at the Company's operations; the timing and extent of capitalized stripping at the Company's operations; the timing of production and production levels and the results of the Company's exploration and development programs; current financial resources being sufficient to carry out plans, commitments and business requirements for the next twelve months; movements in commodity prices not impacting the value of any financial instruments; estimated production rates for gold, silver and other metals produced by the Company; the estimated cost of sustaining capital; availability of sufficient financing; receipt of regulatory approvals; the timing of studies, announcements, and analysis; the timing of construction and development of proposed mines and process facilities; ongoing or future development plans and capital replacement; estimates of expected or anticipated economic returns from the Company's mining projects, including future sales of metals, concentrate or other products produced by the Company and the timing thereof; the Company's plans and expectations for its properties and operations; and all other timing, exploration, development, operational, financial, budgetary, economic, legal, social, environmental, regulatory, and political matters that may influence or be influenced by future events or conditions.

Such forward-looking information and statements are based on a number of material factors and assumptions, including, but not limited in any manner to, those disclosed in any other of the Company's filings on EDGAR and SEDAR, and include: the inherent speculative nature of exploration results; the ability to explore; communications with local stakeholders; maintaining community and governmental relations; status of negotiations and potential transactions, including joint ventures; weather conditions at the Company's operations; commodity prices; the ultimate determination of and realization of Mineral Reserves; existence or realization of Mineral Resources; the development approach; availability and receipt of required approvals, titles, licenses and permits; sufficient working capital to develop and operate the mines and implement development plans; access to adequate services and supplies; foreign currency exchange rates; interest rates; access to capital markets and associated cost of funds; availability of a qualified work force; ability to negotiate, finalize, and execute relevant agreements; lack of social opposition to the Company's mines or facilities; lack of legal challenges with respect to the Company's properties; the timing and amount of future production; the ability to meet production, cost, and capital expenditure targets; timing and ability to produce studies and analyses; capital and operating expenditures; economic conditions; availability of sufficient financing; the ultimate ability to mine, process, and sell mineral products on economically favorable terms; and any and all other timing, exploration, development, operational, financial, budgetary, economic, legal, social, geopolitical, regulatory and political factors that may influence future events or conditions. While the Company consider these factors and assumptions to be reasonable based on information currently available to the Company, they may prove to be incorrect.

The above list is not exhaustive of the factors that may affect any of the Company's forward-looking statements and information. You should not place undue reliance on forward-looking information and statements. Forward-looking information and statements are only predictions based on the Company's current expectations and the Company's projections about future events. Actual results may vary from such forward-looking information for a variety of reasons including, but not limited to, risks and uncertainties disclosed in the Company's filings on the Company's website at www.ssrmining.com, on EDGAR at www.sec.gov, on SEDAR at www.sedar.com, and on the ASX at www.asx.com.auand other unforeseen events or circumstances. Other than as required by law, the Company does not intend, and undertake no obligation to update any forward-looking information to reflect, among other things, new information or future events.

All references to "$" in this presentation are to U.S. dollars unless otherwise stated.

Qualified Persons

Except as otherwise set out herein, the scientific and technical information contained in this presentation relating to Çöpler has been reviewed and approved by Robert L. Clifford, BS (Mine Eng), SME Registered Member, and Dr. Cengiz Y. Demirci, AIPG (CPG), each of whom is a qualified person under NI 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). Mr. Clifford is the Company's Director, Mine Planning (Turkey, Argentina), and Dr. Demirci is the Company's Vice President, Exploration. The scientific and technical information contained in this presentation relating to Marigold has been reviewed and approved by Greg Gibson and James N. Carver, each of whom is a SME Registered Member and a qualified person under NI 43-101. Mr. Gibson is the Company's Vice President of Operations - Americas and Mr. Carver is the Company's Resource Development Manager, USA. The scientific and technical information contained in this presentation relating to Seabee has been reviewed and approved by Graeme Baker, B. Eng. (Mining), FAusIMM (200051), and Jeffrey Kulas, P.Geo., each of whom is a qualified person under NI 43-101. Mr. Baker is employed by OreWin Pty Ltd as Principal Mining Consultant, and Mr. Kulas is the Company's Resource Development Manager, Canada. The scientific and technical information contained in this presentation relating to Puna has been reviewed and approved by Greg Gibson and Karthik Rathnam, MAusIMM (CP), each of whom is a qualified person under NI 43-101. Mr. Gibson is the Company's Vice President of Operations - Americas, and Mr. Rathnam is the Company's Resource Manager, Corporate.

Cautionary Note Regarding Mineral Reserves and Mineral Resources Estimates

This presentation includes terms that comply with reporting standards in Canada under NI 43-101, which is a rule developed by the Canadian Securities Administrators that establishes standards for public disclosures an issuer makes of scientific and technical information concerning mineral projects, including the terms "Mineral Reserves" and "Mineral Resources." Mineral Reserves and Mineral Resources information included in this presentation are made in accordance with NI 43-101. The standards in NI 43-101 differ significantly from the requirements of the SEC. Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made in accordance with U.S. standards.

Cautionary Note Regarding Non-GAAP Measures

This presentation includes certain terms or performance measures commonly used in the mining industry that are not defined under International Financial Reporting Standards ("IFRS"), including free cash flow, cash costs and AISC per payable ounce of gold and silver sold, realized metal prices, earnings before interest, taxes, depreciation and amortization ("EBITDA"), adjusted attributable net income, adjusted basic attributable earnings per share, consolidated cash and consolidated net cash. Non-GAAP measures do not have any standardized meaning prescribed under IFRS and, therefore, they may not be comparable to similar measures employed by other companies. The Company believe that, in addition to conventional measures prepared in accordance with IFRS, certain investors use this information to evaluate the Company's performance. The data presented 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 IFRS. Readers should refer to the endnotes in this presentation for further information regarding how the Company calculates certain of these measures. Readers should also refer to the Company's management's discussion and analysis, available under the Company's corporate profile at www.sedar.com or on the Company's website at www.ssrmining.com,under the heading "Non-GAAP Financial Measures" for a more detailed discussion of how the Company calculates such measures and a reconciliation of certain measures to GAAP terms.

SSRM:TSX / NASDAQ, SSR:ASX

PAGE 2

Diversified Portfolio of High Quality, Long-Life Assets

Stable Operating Platform of 700 - 800 koz AuEq Annually

High Quality

Diversified

Portfolio

• Stable production platform of 700 - 800 koz AuEq (1)
• 9+ Moz AuEq Mineral Reserves (2)
• 20+ year cornerstone asset life (3)

Fisher

Seabee

Amisk

Operations

Projects

Key Exploration

Balance

Sheet

Strength

• Consolidated Cash: $900M (8)
• Consolidated Debt: $389M (8)
• Ability to fund organic growth

Marigold New Millennium Trenton Canyon / B.V.

Pitarrilla NSR

Copper Hill

Çöpler C2

Çakmaktepe Extension (Ardich)

• Peer leading free cash flow generation / yield (4,5)

Free Cash
	US$190M+ returned to shareholders over past 12 months (15)	San Luis
Flow Leader

• Trailing 12 month capital return yield of ~$250/oz / +5% yield

Cortaderas

Organic	 High return, low capital intensity near-term incremental growth	Puna
Growth		~27 Moz AuEq M&I Mineral Resources (2)
Potential		20+ near-mine and stand-alone exploration interests

Experienced		Continued operational delivery and ESG leadership
	Track record of M&A, value creation and building assets
Leadership

 Diverse mining and processing skill set

• 3 Operating Gold Assets: Çöpler, Marigold & Seabee
• 1 Operating Silver Asset: Puna
• 2 Projects: Çakmaktepe Extension (Ardich) & San Luis
• 20+ Near-Mine and Stand-Alone Exploration Properties
• 7 Public Company Equity Interests

SSRM:TSX / NASDAQ, SSR:ASX

PAGE 3

2022: A Catalyst-Rich Year Ahead

Building on Operating Milestones and Corporate Strategy from 2021

Corporate

Assets

2021 Achievements

• Improvements in health & safety across the portfolio
• Established SSR as a free cash flow leader
• Delivered +5% capital returns yield
• Sale of non-core royalty portfolio for US$100M
• Integrated ASR merger, acquisitions of Taiga Gold & Copper Hill
• Positive exploration results from Copper Hill and Amisk

Çöpler

• Flotation circuit construction completed on-budget
• Çakmaktepe Extension (Ardich) infill and step-out drilling
• Positive internal scoping study at C2; PEA study approved

Marigold

• Exploration refocused to target higher grades, expanding resources, and reserve conversion at Mackay, Valmy, New Millennium, Trenton Canyon and Buffalo Valley

Seabee

• Increased mining rates to exploit latent mill capacity
• Resource & reserve conversion drilling at Gap HW and Santoy HW; additional exploration at Seabee & Fisher properties

Puna

• Increased throughput to +4,500 tonnes per day
• Integration of owner-operated ore transport fleet completed

2022 Priorities

• Sustainability Report highlighting progress of ESG priorities
• Issue inaugural 3-year guidance illustrating platform stability
• Increase base dividend and continue share buyback program
• Complete portfolio rationalizations (i.e. Pitarrilla)
• Continue operational excellence and supply chain management
• Substantive increase in exploration spend across regional platforms: Turkey, Nevada, Saskatchewan and Argentina

Objective: Materially Extend 20 Yr Mine Life & Increase NAV

• Ramp up of flotation circuit
• Issue Çakmaktepe Extension FS featuring maiden reserves
• Issue Preliminary Economic Assessment and advance C2

Objective: Increase Oxide Reserve Grades: Mackay, New Mill.

• Increase exploration drilling by ~20%, targeting higher-grade oxide targets, expanding resources and converting to reserves
• Continue measured and targeted exploration of high-grade sulfide targets

Objective: Establishing A Future & Longer-Term Mine Life

• Continuous improvement program driving sustained increase to production levels
• Increase exploration drilling by ~20% targeting reserves at GHW, potential resources at SHW, and delineation of new targets

Objective: Ramp-upNear-Mine Exploration

• Further optimize plant efficiency & throughput (>4,500 tpd)
• Drill testing of in-pit and distal exploration targets

SSRM:TSX / NASDAQ, SSR:ASX

PAGE 4

ESG: A Core Value

Continuous Improvement in ESG Practices

ISS Ranks SSR Mining in the Top Quartile of the Mid-Cap Peer Group on ESG Metrics

Total ISS ESG Rating

25Top Quartile

20

15

10

5

0

Peer 1

Peer 2

SSRM

Peer 3

Peer 4

Peer 5

Peer 6

Peer 7

Peer 8

Peer 9

Peer 10

Peer 11

Peer 12

MSCI Upgrades SSR Mining ESG Ranking to an 'A' Rating

ESG Rating History		ESG Rating Distribution

AAA								23%		23%
AA
A					A				16%
				13%	13%
					13%
BBB	BBB	BBB	BBB	BBB
BB
BB
C											0%
					C	B	BB	BBB	A	AA	AAA
	Aug-17	Aug-18	Oct-19	Sep-20	Jul-21	Universe: MSCI ACWI Index constituents, Metals & Mining - Precious Metals, n=31

SSRM:TSX / NASDAQ, SSR:ASX	Source: MSCI ESG Ratings. ISS ESG Ratings.	PAGE 5
Peers Include: Alamos Gold, B2Gold, Centerra Gold, Centamin, Endeavour Mining, Equinox Gold, Eldorado Gold, Evolution Mining, IAMGOLD, Northern Star, OceanaGold, Yamana Gold