Slide 1: Q4 & Full Year 2020 Operational & Financial Results
Q1 Q2 Q3 Q4 Q4 & FULL YEAR 2020 OPERATIONAL & FINANCIAL RESULTS March 18, 2021 TSX:EDV
Slide 2: Speakers
SPEAKERS SÉBASTIEN DE MARK JOANNA PATRICK MARTINO MONTESSUS MORCOMBE PEARSON BOUISSET DE CICCIO CEO & Director COO CFO EVP Exploration VP, STRATEGY AND and Growth INVESTOR RELATIONS
Slide 3: Table of Contents
TABLE OF CONTENTS 1 OUR JOURNEY 2 Q4 & FY-2020 IN REVIEW 3 DETAILS BY MINE AND PROJECT 4 CONCLUSION 5 APPENDIX Note : All amounts are in US$, except where indicated, and may differ from the MD&A due to rounding
Slide 4: Disclaimer & Forward Looking Statements
DISCLAIMER & FORWARD LOOKING STATEMENTS Cash cost per ounce and all in sustaining cash cost per ounce are non GAAP from those contained in forward looking statements, there may be other factors performance measures with no standard meaning under IFRS This presentation that cause results not to be as
Slide 5: Our Journey
SECTION 1 OUR JOURNEY ENDEAVOUR MINING
Slide 6: Our Journey to Becoming a Senior Gold Producer
2020 FULL YEAR RESULTS OUR JOURNEY TO BECOMING A SENIOR GOLD PRODUCER Organic growth Strategic Organic and divestments consolidation growth SEMAFO Agbaou Sabodala New Houndé Ity CIL acquisition divestment Phase 1 Kalana CEO built built complete DFS Net Cash achieved 2016 2017 2018 2019 2020 2021 202
Slide 7: The New Senior Gold Producer
2020 FULL YEAR RESULTS THE NEW SENIOR GOLD PRODUCER Now positioned as one of the largest producers with strong fundamentals KEY STATS Production for Senior Gold Producers1 AISC for Senior Gold Producers1 8Moz $1,600/oz $1,400/oz 6Moz $1,200/oz 1.4-1.5Moz 4Moz $1,000/oz 2021 PRODUCTION TARGET $800/oz
Slide 8: High Quality Portfolio
2020 FULL YEAR RESULTS 4 HIGH 44 QUALITY PORTFOLIO Focused on long life and low AISC assets INSIGHTS Endeavour’s Producing Portfolio1 AISC, $/oz Tabakoto $1,300 SOLD: $1,250 › Youga (2016) $1,200 Nzema Mana › Nzema (2017) $1,150 › Tabakoto (2018) $1,100 › Agabou (2021) Karma Mana $1,050 Agbaou Wahgn
Slide 9: High Quality Portfolio
2020 FULL YEAR RESULTS HIGH QUALITY PORTFOLIO Strength across asset life cycles with proven management track record Daoukro Cluster Côte d’Ivoire Siguiri Nabanga Fetekro Kofi Trend Guinea Burkina Faso Côte d’Ivoire Bondoukou Cluster Wahgnion Karma Mali Côte d’Ivoire Golden Hill Mana Fougadian Burkin
Slide 10: Defining Our Purpose
2020 FULL YEAR RESULTS DEFINING OUR PURPOSE OUR PURPOSE IS TO PRODUCE GOLD THAT PROVIDES LASTING VALUE TO SOCIETY We do so while protecting and promoting the places where we operate Our work is a partnership, helping to create resilient and self-sustaining communities, where people are equipped with
Slide 11: Entering a New Phase in 2021
2020 FULL YEAR RESULTS ENTERING A NEW PHASE IN 2021 Vision to be a best in class senior gold producer High Quality Portfolio: - Industry-leading operational excellence Create a resilient - Proven project development business - Unlocking exploration value - Active portfolio management Disciplined Cap
Slide 12: Key 2021 Priorities
2020 FULL YEAR RESULTS KEY 2021 PRIORITIES Focus across key strategic pillars KEY PRIORITIES: - Strong free cash flow generation Create a resilient - Organic growth by advancing projects business - Continued significant exploration efforts - - Divest non-core assets KEY PRIORITIES: - Healthy dividen
Slide 13: Potential to Create Top LSE Premium Listed Gold Producer
2020 FULL YEAR RESULTS POTENTIAL TO CREATE TOP LSE PREMIUM LISTED GOLD PRODUCER Expect significant indexation demand Production for London Stock Exchange listed gold producers1 Gold Silver in gold equivalent 3.0Moz TARGETING Premium Segment Standard Segment AIM 2.5Moz FTSE INDEX 2.0Moz INCLUSION 1.5
Slide 14: Q4 & FY-2020 in Review
02 SECTION 2 Q4 & FY-2020 IN REVIEW
Slide 15: Safety Is Our Top Priority
2020 FULL YEAR RESULTS SAFETY IS OUR TOP PRIORITY Lost Time Injury Frequency Rate remains low compared to industry standards Group Lost Time Injury Frequency Rate(1) (on a rolling 12-months basis) 1.10 0.12 Lost Time Injury Frequency Rate 0.40 0.20 0.18 0.10 0.12 3 LTIs Over the past 12 months Indus
Slide 16: 8th Year of Successfully Meeting Guidance
2020 FULL YEAR RESULTS 8TH YEAR OF SUCCESSFULLY MEETING GUIDANCE Production increased due strong performance and successful integration of new assets Production, on a 100% basis in koz For discontinued operations For continuing operations SEMAFO pre-acquisition +415koz ( ) Guidance Total production
Slide 17: 8th Year of Successfully Meeting Guidance
2020 FULL YEAR RESULTS 8TH YEAR OF SUCCESSFULLY MEETING GUIDANCE Maintained low-cost production despite higher gold price environment AISC including discontinued operations, in US$/oz (Guidance for the year) $1,099/oz ($1,055-1,155/oz) +$ 72/oz FY-2020 vs. FY-2019 $1,010/oz ($985-1,070/oz) ~$43/oz o
Slide 18: All-in Margin Significantly Increased
2020 FULL YEAR RESULTS ALL-IN MARGIN SIGNIFICANTLY INCREASED Strong increase due to higher gold price and addition of Boungou and Mana All-in Margin from all operations In US$m, unless otherwise indicated Realized +$383m Gold Price $642m 2020 vs 2019 $489m $259m $35m $85m $149m $162m $197m $153m + 4
Slide 19: Production and AISC
2020 FULL YEAR RESULTS PRODUCTION AND AISC Stronger production with robust contributions from newly acquired assets Production and AISC Production AISC from all operations +100koz 344koz Q4-2020 vs. Q3-2020 244koz Production 178koz 172koz 149koz $939/oz +41% $899/oz $906/oz $893/oz $819/oz Q4-2020 v
Slide 20: All-in Sustaining Margin
2020 FULL YEAR RESULTS ALL-IN SUSTAINING MARGIN Strong performance from newly acquired assets and pre-acquisition portfolio All-in Sustaining Margin from all operations In $m, unless otherwise indicated Realized 96m Gold Price $341m +$ Q4-2020 vs. Q3-2020 $245m All-in Sustaining Margin $108m $113m $
Slide 21: Operating Cash Flow
2020 FULL YEAR RESULTS OPERATING CASH FLOW Operating cash flow benefited from increased production and higher gold prices Operating cash flow before working capital (from all operations) $311m $223m +$238m Q4-2020 vs. Q4-2019 +326% $119m $85m $73m +326% Q4-2020 vs. Q4-2019 Q4-2019 Q1-2020 Q2-2020 Q3
Slide 22: Record Cash Flow per Share
2020 FULL YEAR RESULTS RECORD CASH FLOW PER SHARE Strong cashflow generation by consolidated portfolio Operating Cash Flow Before Non-Cash Working Capital from all operations, in $/share $1.91/share +39% Operating cash flow per share $1.37/share Q4-2020 vs. Q3-2020 $1.08/share $1.10/share $0.77/shar
Slide 23: Record Adjusted Net Earnings per Share
2020 FULL YEAR RESULTS RECORD ADJUSTED NET EARNINGS PER SHARE More than doubled compared to prior period Adjusted net earnings per share (EPS) from all operations Adjusted EPS, in $/share $1.02/share +$0.55 Q4-2020 vs. Q3-2020 Adj. EPS $0.48/share $0.34/share $0.30/share $0.47/share $0.30/share $0.0
Slide 24: Return on Capital Employed
2020 FULL YEAR RESULTS RETURN ON CAPITAL EMPLOYED Strong focus on demonstrating returns following investment phase Return on Capital Employed (ROCE) (1) 20% +10% 2020 vs 2019 10% 6% 6% +20% ROCE target with strong capital 2017 2018 2019 2020 allocation discipline (1) EBIT (Adjusted EBITDA as in MD&A
Slide 25: Return on Capital Employed
2020 FULL YEAR RESULTS RETURN ON CAPITAL EMPLOYED Strong focus on demonstrating returns following investment phase Return on Capital Employed (ROCE) by asset ITY ROCE HOUNDE ROCE Karma 6% Houndé 23% Ity 44% 20% 35% 27% 28% 6% 14% Capital Employed 2018A 2019A 2020A 2018A 2019A 2020A Mana 13% BOUNGOU
Slide 26: Free Cash Flow & Net Free Cash Flow
2020 FULL YEAR RESULTS FREE CASH FLOW & NET FREE CASH FLOW Strong increase in free cash flow due to higher production and gold prices THREE MONTHS ENDED TWELVE MONTHS ENDED 437m Dec. 31, Sept. 30, Dec. 31, Dec.31, Dec.31, Δ FY20 2020 2020 2019 2020 2019 vs. FY19 In US$ million unless otherwise speci
Slide 27: Net Debt and Liquidity Analysis
2020 FULL YEAR RESULTS NET DEBT AND LIQUIDITY ANALYSIS Net cash position achieved INSIGHTS Net Cash Variation Analysis › A Net Cash position of $75 million was achieved at year-end, marking a Net Debt reduction of $250 million during Q4-2020 and $603 million during FY-2020. ($160m) › Along with the
Slide 28: Strong Balance Sheet Position
2020 FULL YEAR RESULTS STRONG BALANCE SHEET POSITION Net cash position reached in Q4-2020 Net Debt Reduction Endeavour standalone before combination with Teranga 603m (Net Debt)/ Net Cash INVESTMENT PHASE DEBT REDUCTION PHASE SHAREHOLDER RETURNS PHASE $ $75m Net Debt reduction in 2020 ($175m) ($528m
Slide 29: Shareholder Returns Program
2020 FULL YEAR RESULTS SHAREHOLDER RETURNS PROGRAM Attractive dividend and share buyback program announced Dividend yield of senior gold producers 6.2% Share buyback up to 4.3% 5% 3.7% 3.5% of shares 3.5% 3.5% 3.1% outstanding 2.4% 2.1% 1.9% 1.9% US$0.37 1.8% 1.7% 1.6% 1.6% Kinross per share Gold Fi
Slide 30: Organic Growth Pipeline
2020 FULL YEAR RESULTS ORGANIC GROWTH PIPELINE Sabodala-Massawa expansion underway; progressing DFS on greenfield projects BROWNFIELD PROJECT: GREENFIELD PROJECTS: SABODALA-MASSAWA EXPANSION FETEKRO KALANA PHASE 1 INSIGHTS: PFS INSIGHTS: PFS INSIGHTS: › Debottlenecking the plant back-end › Mine life
Slide 31: Successful 2020 Exploration Programme
2020 FULL YEAR RESULTS SUCCESSFUL 2020 EXPLORATION PROGRAMME On track to meet 5-year exploration targets Total Indicated discoveries and targets Excludes assets acquired in SEMAFO and Teranga transactions Indicated resources discovered Indicated resources targeted % Cumulative Indicated resources ag
Slide 32: Reserve and Resource Evolution
2020 FULL YEAR RESULTS RESERVE AND RESOURCE EVOLUTION Strong reserve base underpins strong future cashflows and dividend payments P&P Reserve Bridge +1.0Moz 18.0Moz 7.9Moz +0.4Moz +2.1Moz (0.1Moz) (0.3Moz) +4.8Moz +1.4Moz +1.4Moz + 128% (0.4Moz) (0.1Moz) P&P Reserves FY-2020 vs FY-2019 2019-end Houn
Slide 33: Continued Strong Exploration Focus
2020 FULL YEAR RESULTS CONTINUED STRONG EXPLORATION FOCUS $70-90 million budget for 2021 with strong focus on new assets 2020 Exploration Spend Ity 25% Greenfields and other 43% $65 Mana million 5% Hounde 26% Karma 1% Boungou 1% 2021 Exploration Spend Ity Wahgnion 11% 15% Mana 10% Sabodala-Massawa 1
Slide 34: Details by Mine and Project
03 SECTION 3 DETAILS BY MINE AND PROJECT
Slide 35: Production Bridge
2020 FULL YEAR RESULTS PRODUCTION BRIDGE Increase due to SEMAFO acquisition and strong performance at Houndé Production Bridge Pro Forma FY-2019 to FY-2020 Change in AISC (32koz) 1,066koz 155koz n.a. +$231/oz 908koz +415koz 215koz FY-2020 vs. FY-2019 2koz Pro Forma 22koz 651koz 53koz +$192/oz +$103/
Slide 36: Houndé Mine, Burkina Faso
2020 FULL YEAR RESULTS HOUNDÉ MINE, BURKINA FASO Q4-2020 grades increased due to benefit of Kari Pump Q4-2020 vs Q3-2020 INSIGHTS Production and AISC › Production increased significantly due to the higher Production, koz AISC, US$/oz throughput, processed grades and recovery rates as higher grade ox
Slide 37: Ity Mine, Côte d'Ivoire
2020 FULL YEAR RESULTS ITY MINE, CÔTE D’IVOIRE Processed grades increased due to higher grade ore from the Daapleu pit Q4-2020 vs Q3-2020 INSIGHTS Production and AISC › Production significantly increased due to the higher Production, koz AISC, US$/oz processed grades and throughput rate, which was o
Slide 38: Boungou, Burkina Faso
2020 FULL YEAR RESULTS BOUNGOU, BURKINA FASO Mining activity re-start in early Q4-2020 provided higher grade mill feed Q4-2020 vs Q2-2020 INSIGHTS Production and AISC › Production increased due to a significant increase in Production, koz processed grade following the restart of mining AISC, US$/oz
Slide 39: Mana, Burkina Faso
2020 FULL YEAR RESULTS MANA, BURKINA FASO Underground operations continued to deliver a strong performance Q4-2020 vs Q3-2020 INSIGHTS Production and AISC › Production slightly increased due to increased Production, koz AISC, US$/oz underground mining from stopes and increased plant throughput, whic
Slide 40: Karma Mine, Burkina Faso
2020 FULL YEAR RESULTS KARMA MINE, BURKINA FASO Production increased following the end of the rainy season Q4-2020 vs Q3-2020 INSIGHTS Production and AISC › Production increased due to higher Production, koz AISC, US$/oz throughput rate and higher processed grade, from North Pit and West Pit, despit
Slide 41: Sabodala-Massawa, Senegal
2020 FULL YEAR RESULTS SABODALA-MASSAWA, SENEGAL Significant exploration upside potential 2021 OUTLOOK Sabodala-Massawa Mine and Permit Area › From the date of Sabodala-Massawa’s acquisition by Endeavour, which closed on February 10, 2021, the mine is expected to produce between 310-330koz at an AIS
Slide 42: Sabodala-Massawa Mine, Senegal
2020 FULL YEAR RESULTS SABODALA-MASSAWA MINE, SENEGAL Phase 1 upgrades will assist in debottlenecking the plant back-end INSIGHTS › Phase 1 plant upgrades are expected to increase the Sabodala-Massawa gold production by up to 90kozpa. › Growth capital expenditure for the Phase 1 plant upgrades is ex
Slide 43: Sabodala-Massawa Mine, Senegal
2020 FULL YEAR RESULTS SABODALA-MASSAWA MINE, SENEGAL DFS for Phase 2 is underway and due for completion in Q4-2021 INSIGHTS › Phase 2 of the expansion will add a new refractory ore plant to process the high grade refractory ore from the Massawa deposit. A DFS for Phase 2 is underway and due for com
Slide 44: Wahgnion, Burkina Faso
2020 FULL YEAR RESULTS WAHGNION, BURKINA FASO Mining activity is expected to focus on the Nogbele North and South pits 2021 OUTLOOK Wahgnion Mine and Permit Area › From the date of Wahgnion’s acquisition by Endeavour, which closed on February 10, 2021, the mine is expected to produce between 140-155
Slide 45: Conclusion
04 SECTION 4 CONCLUSION
Slide 46: Production and AISC Profile
CONCLUSION PRODUCTION AND AISC PROFILE Focused on long-term sustainable production at low cost INVESTMENT DEBT REDUCTION DIVIDEND IN PRODUCTION PHASE PHASE PHASE Mana Boungou Ity CIL Karma 1,365-1,495koz Houndé Massawa- Sabadola $922/oz 1,067koz Wahgnion $886/oz $866/oz DIVESTED / CEASED 727koz Taba
Slide 47: Upcoming Catalysts
CONCLUSION UPCOMING CATALYSTS Focused on creating a resilient business that rewards shareholders and is a trusted partner TIMING CATALYST Q2-2021 Afema Initial resource estimate Immediate Q2-2021 Corporate Capital Markets Day Cash Flow from Production Q2-2021 Corporate Premium LSE Listing Q4-2021 Sa
Slide 48: Appendix
SECTION 5 APPENDIX ® ENDEAVOUR MINING
Slide 49: All-in Margin
APPENDIX ALL-IN MARGIN FY-2020 benefited from higher production and higher gold price THREE MONTHS TWELVE MONTHS ENDED ENDED INSIGHTS FY-2020 VS. FY-2019 1. Increased due to increased production Dec. 31, Sept. 30, Dec.31, Dec.31, Δ FY20 and higher royalty 2020 2020 2020 2019 vs. FY19 In US$ million
Slide 50: Net Free Cash Flow
APPENDIX NET FREE CASH FLOW FY-2020 benefited from higher production and higher gold price THREE MONTHS ENDED TWELVE MONTHS ENDED INSIGHTS FY-2020 VS. FY-2019 1. Relates mainly to Kalana Dec. 31, Sept. 30, Dec. 31, Dec.31, Dec.31, Δ FY20 2. Inventories were an inflow of $45m in FY-2020, mainly due 2
Slide 51: Net Earnings Breakdown
APPENDIX NET EARNINGS BREAKDOWN Adjusted EPS of $2.51 for FY-2020 for all operations 12 MONTHS ENDED INSIGHTS Dec. 31, Dec. 31, 1. Mainly relates to M&A activity connected (in $ million) A = Adjustments made for Adjusted Net Earnings 2020 2019 to the acquisition of SEMAFO EARNINGS FROM CONTINUING MI
Slide 52: Exploration at the Houndé Mine, Burkina Faso
APPENDIX EXPLORATION AT THE HOUNDÉ MINE, BURKINA FASO Strong near-mine exploration upside INSIGHTS Houndé Site Map › 2020 exploration program of $17 million totaling approximately 82,500 meters was completed in 2020. › The program was designed to delineate additional resources in the Kari area, wher
Slide 53: Exploration at the Ity Mine, Côte d'Ivoire
APPENDIX EXPLORATION AT THE ITY MINE, CÔTE D’IVOIRE Significant upside in the Le Plaque area Simplified Ity Site Map and Exploration Targets INSIGHTS › An exploration program of $16 million totaling approximately 95,000 meters was completed in 2020, with the aim of growing the Le Plaque, Bakatouo, a
Slide 54: Boungou, Burkina Faso
APPENDIX BOUNGOU, BURKINA FASO Exploration program of up to $7 million has been planned for 2021 INSIGHTS Boungou Exploration Map › Endeavour spent a total of $1 million following the integration of Boungou. Exploration activities resumed in Q4-2020 with a total of 4,000 meters of reverse circulatio
Slide 55: Mana, Burkina Faso
APPENDIX MANA, BURKINA FASO Exploration program of up to $8 million has been planned for 2021 Mana exploration map INSIGHTS › Endeavour spend a total of $3 million following the integration of Mana. During the full year a total of 28,500 meters were drilled to follow up on resource expansion and tar
Slide 56: Sabodala-Massawa, Senegal
APPENDIX SABODALA-MASSAWA, SENEGAL Significant exploration upside potential INSIGHTS Sabodala-Massawa Plan Map › Significant exploration potential exists within 30km of the Sabodala-Massawa processing facility, where exploration permits cover 291km2, 320km2 and 915km2 › Over 36,000 meters were drill
Slide 57: Wahgnion, Burkina Faso
APPENDIX WAHGNION, BURKINA FASO Significant exploration potential exists within the permitted mine license INSIGHTS Wahgnion Mine and Permit Area › Given the recent commissioning of the Wahgnion mine in late 2019, significant exploration potential exists within the permitted mine license and five su
Slide 58: Agbaou Mine, Côte d'Ivoire
APPENDIX AGBAOU MINE, CÔTE D’IVOIRE Sold on March 1, 2021 Q4-2020 vs Q3-2020 INSIGHTS Production and AISC › Production increased due to higher throughput Production, koz AISC, US$/oz rate and higher processed grade despite a slight decrease in recovery rates. › The AISC decreased due to the lower 35
Slide 59: 2021 Guidance
APPENDIX 2021 GUIDANCE INSIGHTS Consolidated Production Guidance › Total production guidance for 2021 of (All amounts in koz, on a 100% basis) UPDATED FY 2021 GUIDANCE 1,365–1,495koz at an AISC of $850 – Ity 230 — 250 $900/oz. Karma 80 — 90 › The Sabodala-Massawa and Wahgnion Houndé 240 — 260 Mana 1
Slide 60: 2021 Guidance (continued)
APPENDIX 2021 GUIDANCE (continued) INSIGHTS Sustaining and Non-Sustaining Capital Expenditure Guidance › 2021 growth capital is estimated at $46 million, mainly for SUSTAINING NON-SUSTAINING ongoing Phase 1 expansion at Sabodala-Massawa mine and (All amounts in US$m) CAPITAL CAPITAL studies and hold
Slide 61: Production and Cost Details by Mine
APPENDIX PRODUCTION AND COST DETAILS BY MINE On a quarterly basis AGBAOU ITY CIL KARMA HOUNDÉ MANA BOUNGOU (on a 100% basis) Q4-20 Q3-20 Q4-19 Q4-20 Q3-20 Q4-19 Q4-20 Q3-20 Q4-19 Q4-20 Q3-20 Q4-19 Q4-20 Q3-20 Q4-20 Q3-20 Physicals Total tonnes mined – OP1 000t 4,383 6,095 6,341 6,546 6,322 3,606 5,0
Slide 62: Production and Cost Details by Mine
APPENDIX PRODUCTION AND COST DETAILS BY MINE On a full year basis AGBAOU ITY CIL KARMA HOUNDÉ MANA BOUNGOU (on a 100% basis) FY-20 FY-19 FY-20 FY-19 FY-20 FY-19 FY-20 FY-19 FY-20 FY-20 Physicals Total tonnes mined – OP1 000t 22,159 25,349 23,469 14,053 19,158 19,435 43,495 38,194 24,502 2,534 Total
Slide 63: Working Capital Movements
APPENDIX WORKING CAPITAL MOVEMENTS Working Capital Movement ─ Q4-2020 THREE MONTHS ENDED Dec. 31, Sept. 30, Q4-2020 Comments In US$ million unless otherwise specified. 2020 2020 Trade and other receivables +35 (13) Inflow mainly due to gold sales receivable that were outstanding at Q3-2020 received
Slide 64: Tax Payments and Capex Spend by Mine
APPENDIX TAX PAYMENTS AND CAPEX SPEND BY MINE Sustaining Capital Non-Sustaining Capital TWELVE MONTHS TWELVE MONTHS THREE MONTHS ENDED THREE MONTHS ENDED ENDED ENDED Dec. 31, Sept. 30 Dec. 31, Dec. 31, Dec. 31, Dec. 31, Sept. 30 Dec. 31, Dec. 31, Dec. 31, In US$ million unless otherwise specified. 2
Slide 65: Reserves and Resources
APPENDIX RESERVES AND RESOURCES As of December 31, 2020 On a 100% basis On a 100% basis On a 100% basis Resources shown Tonnage Grade Content Resources shown Tonnage Grade Content Resources shown Tonnage Grade Content inclusive of Reserves (Mt) (Au g/t) (Au koz) inclusive of Reserves (Mt) (Au g/t) (
Slide 66: Contact Us
@) ENDEAVOUR Lp igntea hp MINING 5 Young Street London a ce United Kingdom T: +44 203 011 2723 CONTACT US T: +44 203 011 2719 OPERATIONS OFFICE investor@endeavourmining.com Hotel Palm Club Follows Croisement Boulevard Latrille et rue du Lycée Technique Abidjan ‘in) y) 08 BP 872 Céte d'Ivoire endeavo