Slide 1: Third Quarter 2023 Financial Results
A FREE CASH FLOW FOCUSED GOLD PRODUCER Third Quarter 2023 Financial Results November 2023
Slide 2: Cautionary Notes
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
Slide 3: Diversified Portfolio of High Quality, Long-Life Assets
Diversified Portfolio of High Quality, Long-Life Assets Stable Operating Platform Targeting Near-Term High-Return Growth High Stable production platform with robust pipeline of development projects Operations Quality ▪ Four core operating jurisdictions ▪ Approximately 9Moz AuEq in attributable Miner
Slide 4: Our Sustainability Vision: Living Our Values
Our Sustainability Vision: Living Our Values Continuously Striving to Improve Performance in Focus Areas Responsible Engage & Invest in Environmental Stewards Local Communities • Developed a global water strategy in 2022; • Over $2.5 million in community investment in 2023 focused on implementing en
Slide 5: Q3 2023 Commentary
Q3 2023 Commentary Strong Operating Results and Free Cash Flow Driven by Record Production at Marigold Third Quarter Production of 192 koz; Continue to Track Towards 2023 Production of 700 koz ▪ Q3 consolidated production of 192 koz AuEq at Cost of sales of $1,095/oz AuEq and AISC * of $1,289/oz AuE
Slide 6: Significant Financial Strength
Significant Financial Strength Robust Balance Sheet; Three Pillar Capital Allocation Framework Financial Position * Capital Allocation Priorities Low Capital Intensity Growth Market Capitalization $2.9B ▪ 2023 exploration budget of $94 million, up +50% y/y; includes $81 million to advance growth and
Slide 7: Track Record of Returning Capital to Shareholders
Track Record of Returning Capital to Shareholders Peer Leading Returns Aligned With Robust Free Cash Flow Outlook Highlights History of Significant Shareholder Returns * ▪ Building on two consecutive years of 2023 Capital Returns significant shareholder returns in the 1.6% Yield 3.6% Yield form of d
Slide 8: Operations
MINING Operations
Slide 9: Our Commitment to Environment, Health, Safety and Sustainability (EHSS)
Our Commitment to Environment, Health, Safety and Sustainability (EHSS) Building a Safe, Healthy and Competent Workforce “We are very focused on ensuring Targets that we embed a sustainable Setting clear targets drives improvement and approach into our mining and challenges us to continually better
Slide 10: Çöpler: Flagship Asset With a 20+ Year Mine Life
Çöpler: Flagship Asset With a 20+ Year Mine Life First Production From Çakmaktepe Extension Delivered in the Third Quarter of 2023 Location: Türkiye Mining: Open Pit Stage: Production Çöpler District Land: ~26,000 ha Processing: Heap leach, POX Ownership: 80% Q3 2023 Highlights ▪ Gold production of
Slide 11: Marigold: Large-Scale Open Pit in Nevada
Marigold: Large-Scale Open Pit in Nevada Record Production in the Third Quarter of 2023 Location: USA Mining: Open Pit Stage: Production Marigold Exploration Targets Land: ~20,000 ha Processing: ROM, Heap Leach Ownership: 100% Q3 2023 Highlights ▪ Gold production of 83 koz at Cost of sales of $980/o
Slide 12: Seabee: High-Grade Underground in Canada
Seabee: High-Grade Underground in Canada Expanded Exploration Program Focused on Extending Mine Life Location: Canada Mining: Underground Stage: Production Seabee Site Plan View Petunia Porky Processing: Gravity West Land: ~62,000 ha Ownership: 100% concentration, cyanide leaching Porky Seabee N Q3
Slide 13: Puna: Large Open-Pit Silver Producer
Puna: Large Open-Pit Silver Producer Consistently Strong Operations; Near-mine Exploration Continuing Location: Argentina Mining: Open Pit Stage: Production Puna Exploration Targets Land: ~10,000 ha Processing: Flotation Ownership: 100% Q3 2023 Highlights ▪ Silver production of 2.6 Moz at Cost of sa
Slide 14: Hod Maden Project Overview and Transaction Highlights
Hod Maden Project Overview and Transaction Highlights Accretive Transaction Delivers Value to Shareholders Project Overview Key Transaction Highlights for SSR Mining ▪ SSR Mining acquired an up to 40% ownership and immediate operational control in Hod Maden project through an earn-in structured tran
Slide 15: Building on Proven History of Project Delivery and M&A
Building on Proven History of Project Delivery and M&A Non-Core Asset Sale Proceeds Redeployed in Core Jurisdictions Delivering Projects On Time & Building Value Through Disciplined M&A * Budget POX Plant (Çöpler) SSR Mining / Alacer Merger Hod Maden Acquisition -10% Exploration Exploration 1.3x ~$4
Slide 16: Appendix
MINING Appendix
Slide 17: Executive Team and Board of Directors
Executive Team and Board of Directors Depth of Experience and Track Record of Delivery Executive Team Rodney Antal Alison White F. Edward Farid Michael Sparks John Ebbett Bill MacNevin Executive Chairman EVP, Chief Financial EVP, Chief Corporate EVP, Chief Legal & EVP, Growth & EVP, Operations & Off
Slide 18: Seabee Exploration Program Focused on Mine Life Extension
* Seabee Exploration Program Focused on Mine Life Extension Positive Results from Porky Targets Highlight Ongoing Brownfield Exploration Success Plan View of Seabee Property & Exploration Targets Overview of Recent Porky Exploration ▪ Significant investment in near-mine and regional exploration at S
Slide 19: Puna: Near-Mine Exploration Success Presents Opportunity to Extend Mine Life
Puna: Near-Mine Exploration Success Presents Opportunity to Extend Mine Life * Cortaderas Presents a Medium-Term Mine Life Extension Pathway for Puna Overview of Puna 2023 Drill Pad Cortaderas Resource Outline ▪ Puna is 100% owned by SSR Mining and is comprised N 0m of the Chinchillas and Pirquitas
Slide 20: Robust Exploration and Growth Pipeline
Robust Exploration and Growth Pipeline Exploration Targets Producing Assets Near–Term Medium–Term Longer–Term Çakmaktepe Extension Çöpler Expansion Mavidere Copper Hill Türkiye Çöpler Çöpler In-Pit / Saddle Hod Maden Çöpler Regional Türkiye Regional New Millennium Trenton Canyon / Buffalo Valley Sul
Slide 21: Endnotes
Endnotes 1) Mineral Reserves and Mineral Resources (“MRMR”) for Çöpler, Marigold, Seabee, Puna, San Luis, Pitarrilla, and Amisk as of December 31, 2022. Mineral Reserves and Mineral Resources shown are SSR Mining ownership share only. SSR Mining owns 80% in both Anagold and Kartaltepe licenses. Mine
Slide 22: Non-GAAP Reconciliations: Adjusted Attributable Net Income per Share
Non-GAAP Reconciliations Adjusted Attributable Net Income per Share, Free Cash Flow Three Months Ended September 30, Nine Months Ended September 30, (in thousands, except per share) 2023 2022 2023 2022 Net income attributable to SSR Mining shareholders (GAAP) $15,159 ($25,793) $119,838 $100,256 Inte
Slide 23: Non-GAAP Reconciliations: Cash Costs, AISC, Net Cash & Liquidity
Non-GAAP Reconciliations Cash Costs, AISC, Net Cash & Liquidity Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 (in thousands, unless otherwise noted) Çöpler Marigold Seabee Puna Corporate Total Çöpler Marigold Seabee Puna Corporate Total Cost of sales (GAAP) (21) $69,830
Slide 24: SSR Mining Inc. Contact
SSR Mining Inc. F. Edward Farid, Executive Vice President, Chief Corporate Development Officer Alex Hunchak, Director, Corporate Development and Investor Relations Website: www.ssrmining.com Email: invest@ssrmining.com Toll-free: +1 (888) 338-0046 SSRM:NASDAQ / TSX, SSR:ASX