Jaguar Mining Inc. · TSX:JAG
Jaguar Mining — Investor Presentation (August 2026)
23 slides from Jaguar Mining's investor presentation, August 2026
Slide 1: Corporate Presentation August 2026
Corporate Presentation August 2026 1 TSX:JAG OTCQX:JAGGF
Slide 2: Disclaimers and Cautionary Statements
DISCLAIMERS AND CAUTIONARY STATEMENTS This presentation (the “Presentation”) does not constitute an offer of any securities for sale or a solicitation of an offer to purchase any securities, nor does it constitute investment advice or an offering memorandum. Readers should review this Presentation i
Slide 3: An Aggressively Growing Gold Producer in Brazil
AN AGGRESSIVELY GROWING GOLD PRODUCER IN BRAZIL 1.80Moz @ 4.12 g/t Au M&I Resources1 Brazil MINAS GERAIS MINAS GERAIS 1.71Moz @ 3.61 g/t Au Inferred Resources1 BELO HORIZONTE CAETÉ COMPLEX Pilar Mine 858koz @ 3.89 g/t Au MTL COMPLEX Producing Global Reserves1 Turmalina Mine PACIÊNCIA COMPLEX Restart
Slide 4: Positioning Jaguar for Near-Term Growth
POSITIONING JAGUAR FOR NEAR-TERM GROWTH Clean share structure, no debt, cash-generating Jaguar Mining Share Price and Volume $12.00 1,400,000 CAPITAL STRUCTURE1 $10.00 1,200,000 1,000,000 $8.00 Common shares outstanding 85,305,274 800,000 $6.00 Share price (as of Aug 20, 2026) C$7.46 $4.00 600,000 4
Slide 5: Leadership Team Focused on Accelerating Growth
LEADERSHIP TEAM FOCUSED ON ACCELERATING GROWTH MANAGEMENT Luis Albano Tondo CEO +35 years international mining industry experience. Spent last 15 years working at C-level positions. Responsible for building the largest gold operation Naomi Nemeth in Brazil. VP Investor Relations +30 years investor r
Slide 6: Three Pillars of Growth for Sustainable Value
THREE PILLARS OF GROWTH FOR SUSTAINABLE VALUE 1 2 3 MAXIMIZE LEVERAGE PURSUE CORE ASSETS EXPLORATION STRATEGIC & RESOURCES PORTFOLIO OPPORTUNITIES 6
Slide 7: Operational Key Highlights – Q2 2026
Gold Production from Pilar & Turmalina KEY HIGHLIGHTS – Q2 2026 ➢ Q2: 13,057 oz Au from 96,020 tonnes milled with an average head OPERATIONAL grade of 3.30 g/t Au from Pilar & 2.94 g/t Au from Turmalina ➢ 89% Recovery (H1) ➢ US$1,834/oz Q2 Cash cost ➢ H1 : 22,687 oz gold produced 7
Slide 8: Projected Annual Gold Production
PROJECTED ANNUAL GOLD PRODUCTION From existing assets only 2026 3-5 years +5 years 2025A 2026 * 80,000 – 100,000 – See next slide 40,254 oz 50,000 – 60,000 oz 100,000 oz 120,000 oz * Projected production from the MTL Complex (Turmalina gold mine, processing plant and the Faina ore zone) dependent on
Slide 9: Onças de Pitangui Project – A Fourth Underground Mine
ONÇAS DE PITANGUI PROJECT – A fourth underground mine Permitting on track for H2 2026 followed P&P (maiden): 284 koz @ 4.16 g/t Au by development M&I Resources*: 457 koz @ 4.01 g/t Au ~US$40 mill capex over 3 years Inferred Resources: 490 koz @ 3.64 g/t Au First ounces projected for H2 2027 * M&I Re
Slide 10: Become a Major Producer in the Iron Quadrangle
BECOME A MAJOR PRODUCER IN THE IRON QUADRANGLE Turmalina Faina Pontal Zona Basal MTL COMPLEX Onças de Pitangui Aparição Cuiabá CAETÉ COMPLEX Pilar Roça Grande Córrego Brandão Morro Velho Juca Vieira Pilar São Bento/CDS II Córrego do Sítio/CDS I Santa Isabel Lavra Velha Chamé Boa Vista Bahú Morro da
Slide 11: 5-Year Exploration Program – Core to Growth
5-YEAR EXPLORATION PROGRAM – CORE TO GROWTH 227,200 meters, budget of US$10-12 million/year 2026 2027 2028 2029 2030 MAIN TARGETS MAIN TARGETS MAIN TARGETS MAIN TARGETS MAIN TARGETS Paciência Complex: Paciência Complex: Paciência Complex: Paciência Complex: Paciência Complex: Santa Isabel UG, Mazarg
Slide 12: Proximity of Chamé to Santa Isabel Mine
PROXIMITY OF CHAMÉ TO SANTA ISABEL MINE 840-METER GAP FUTURE WORK AT CHAMÉ ➢ Additional 1,000 meters of drilling planned to test gold-bearing structure ➢ Step-Out Drilling (25-50 meter) considered based on the geological interpretation of FCM003 and FCM004 ➢ Twin Hole Program to verify historical Mo
Slide 13: Paciência Gold District
PACIÊNCIA GOLD DISTRICT Bahú Target Chamé Target 13 TSX:JAG | OTCQX:JAGGF
Slide 14: Pilar Directional Drilling – Started in Q2/26
PILAR DIRECTIONAL DRILLING – Started in Q2/26 Potential to double the Life of Mine Legend West East BA Directional LPA drilling BFs Existing SW excavations Hole From (m) To (m) Width Grade Phase 1 1,860m (m) FSB1316 0.00 3.95 2.20 18.20 g/t Au FSB1385 14.75 26.50 6.50 6.22 g/t Au Phase 2 FSB1360 54.
Slide 15: Morro Velho Mine – Depth of Gold Mineralization
Anglo Gold Ashanti’s Morro Velho Mine (now closed) - Depth of gold mineralization Mount Corcovado in Rio de Janeiro, Brazil for scale 750 metres (2455 feet) Note: The Morro Velho mine operated from the late 1800s to 2004 under Anglo Gold Ashanti 15
Slide 16: Pursuing Transformational Strategic Opportunities
PURSUING TRANSFORMATIONAL STRATEGIC OPPORTUNITIES Deepen footprint in Tier 1 Jurisdictions of Brazil ACQUISITION RATIONALE Canada Clear path to production - ready to build United States Potential for strong synergies Accelerate production scale Para Tocantins Brazil Diversify production portfolio Ma
Slide 17: Relative Peer Valuation | Junior Gold Producers
RELATIVE PEER VALUATION | JUNIOR GOLD PRODUCERS P/NAV1 -34% Discount P/CF 2026E1 -30% Discount Wesdome 1.03x K92 7.95x Capricorn 0.75x Aura 7.04x Pan African 0.74x Ora Banda 6.89x G Mining 0.72x Wesdome 5.92x Aura 0.72x Aris 5.50x Kingsgate 0.67x Kingsgate 4.82x Ora Banda 0.64x K92 0.63x Pan African
Slide 18: Investment Highlights
INVESTMENT HIGHLIGHTS ROBUST EXPERIENCED TIER-1 STRONG RESPONSIBLE GROWTH LEADERSHIP JURISDICTION FINANCIALS MINING STRATEGY Proven track Operating in Cash flow from Commitment to record in the Multi-pillar operations to ESG principles, Brazil's mining- mining industry growth approach fund growth sa
Slide 19: Upcoming Catalysts
UPCOMING CATALYSTS H2 2027 2026 • Pilar directional drilling • Turmalina tailings facilities results fully permitted • Exploration priority targets • Turmalina operating at full drilling results capacity • Operations results • Exploration priority targets drilling results • MTL Complex ramp-up (Fain
Slide 20: Contact Us
CONTACT US TORONTO 25 Adelaide Street East Suite 1400 Toronto, Ontario M5C 3A1 Naomi Nemeth, VP Investor Relations T: +1-647-882-4257 E: investors@jaguarmining.com BRAZIL Jaguar Mining Inc. R. Andaluzita, 131 - 7th floor 30310-030 Belo Horizonte - Minas Gerais T: +55 31 3232-7101 TSX:JAG | OTCQX:JAG
Slide 21: Appendix
Appendix TSX:JAG | OTCQX:JAGGF
Slide 22: Reserves and Resources (as at Dec. 31, 2025)
RESERVES AND RESOURCES (as at Dec. 31, 2025) PROJECT TONNAGE AU GRADE CONTAINED AU Kt g/t Koz Pilar 2,494 3.57 286 Turmalina 1,225 3.26 128 P&P Faina 1,019 4.87 160 Onças de Pitangui Project 2,122 4.16 284 Total 6,861 3.89 858 Pilar 4,394 4.05 573 Roça Grande 962 3.9 121 Turmalina 2,875 3.9 360 M&I1
Slide 23: Assets & Properties
Assets & Properties Name Mines Zones Plants Development Exploration Notes: /Deposits Properties Properties (a) Restart on March 9, MTL Complex Turmalina (a) Faina Turmalina Onças de Pontal 2026 Orebody A Pitangui Aparação (b) Currently on care and Orebody B maintenance Orebody C (c) Potential reopen