Agnico Eagle Mines Limited · TSX:AEM
Agnico Eagle Mines — BMO Global Metals, Mining & Critical Minerals Conference 2026
20 slides from Agnico Eagle Mines's conference presentation, Feb 23, 2026
Slide 1: BMO Global Metals, Mining & Critical Minerals Conference
NYSE & TSX: AEM BMO Global Metals, Mining & Critical Minerals Conference February 23, 2026
Slide 2: Notes to Investors
Notes to Investors Forward-Looking Statements The information in this presentation has been prepared as at February 20, 2026. Certain statements contained in this presentation constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of
Slide 3: Agnico Eagle – A High-Quality, Low-Risk Senior Gold Producer
Agnico Eagle – A High-Quality, Low-Risk Senior Gold Producer NUNAVUT Second Largest Gold Producer; FINLAND Operations in Premier Jurisdictions with Hope Bay Kittilä Proven Geological Potential CANADA Meadowbank 2005 2025 240 Gold Production (koz) 3,447 ~14x Pinos Altos Meliadine Gold Production ONTA
Slide 4: Strongest Position in Our History – Potential 20% to 30% Production Growth
Strongest Position in Our History – Potential 20% to 30% Production Growth Continued Focus on Value Creation • Delivered two decades of gold production growth per share • Forecast another decade of gold production growth per share Advancing High Quality Pipeline • Potential to deliver 1.3 to 1.5 Moz
Slide 5: Detour Lake – Canada's Largest Gold Mine with Room to Grow
Detour Lake – Canada’s Largest Gold Mine with Room to Grow World-class asset – Largest producing mine in Canada, with mine life until 2050s Gold Mineral Reserves and Mineral Resources Since Acquisition in 2020 (Moz) Pathway to 1Moz annual production • Potential for additional 300-350koz per year thr
Slide 6: Pipeline Projects – "Fill-the-Mill" Strategy at Canadian Malartic
Pipeline Projects – “Fill-the-Mill” Strategy at Canadian Malartic Gold Mineral Reserves and World-class asset – Transition to underground, with excess mill capacity starting in 2029 Mineral Resources Since Acquisition in 2014 (Moz) Pathway to 1Moz annual production • Potential for additional 400-500
Slide 7: Upper Beaver – Unlocking Potential in the Kirkland Lake Camp
Upper Beaver – Unlocking Potential in the Kirkland Lake Camp Underground project with potential annual production of 200-220koz of gold and 3.6kt of copper beginning as early as 2030* Construction progressing ahead of schedule Accelerating development with approval expected in 2027 Upper Beaver Maca
Slide 8: Hope Bay – Advancing Site Preparedness for Redevelopment
Hope Bay – Advancing Site Preparedness for Redevelopment Gold Mineral Reserves and Mineral Resources Since Potential for 400-425koz of annual gold production Acquisition in 2021 (Moz) • Study update and potential approval for redevelopment in May 2026 3 2 2 1 • Upgrading site infrastructure and adva
Slide 9: Creating Value Through Asset Optimization, Growth Projects and Exploration
Creating Value Through Asset Optimization, Growth Projects and Exploration Macassa operations Upper Beaver Hammond Reef Optimization of Existing Assets High Quality Project Pipeline Additional Portfolio Optionality Production Anticipated LaRonde – extension of LZ5 and other Hammond Reef Key Project
Slide 10: Appendix
Appendix NYSE & TSX: AEM 2026 BMO Global Metals, Mining & Critical Minerals Conference
Slide 11: 2025 Gold Mineral Reserves and Mineral Resources
2025 Gold Mineral Reserves and Mineral Resources* As at December 31, 2025 As at December 31, 2024 Category Tonnes Grade Contained Gold Tonnes Grade Contained Gold (000s) (g/t Au) (000s oz) (000s) (g/t Au) (000s oz) Mineral Reserves Proven 212,796 0.98 6,731 215,249 0.93 6,433 Probable 1,116,755 1.36
Slide 12: 2025 Mineral Reserves and Mineral Resources
2025 Mineral Reserves and Mineral Resources Mineral Reserves as at December 31, 2025 Operation / Project Proven Probable Proven & Probable Gold Mining 000 g/t 000 000 g/t 000 000 g/t 000 Metallurgical Method* Tonnes Oz Au Tonnes Oz Au Tonnes Oz Au Recovery (%) LaRonde mine1 U/G 2,469 4.65 369 8,158
Slide 13: 2025 Mineral Reserves and Mineral Resources (continued)
2025 Mineral Reserves and Mineral Resources (continued) Mineral Reserves as at December 31, 2025 Operation / Project Proven Probable Proven & Probable Silver Mining 000 Tonnes g/t 000 Oz Ag 000 Tonnes g/t 000 Oz Ag 000 Tonnes g/t 000 Oz Ag Metallurgical Method* Recovery (%) LaRonde mine U/G 2,469 10
Slide 14: 2025 Mineral Reserves and Mineral Resources (continued)
2025 Mineral Reserves and Mineral Resources (continued) Mineral Resources as at December 31, 2025 Operation / Project Measured Indicated Mesaured & Indicated Inferred Mining Gold 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au Method LaRonde mine U
Slide 15: 2025 Mineral Reserves and Mineral Resources (continued)
2025 Mineral Reserves and Mineral Resources (continued) Mineral Resources as at December 31, 2025 Operation / Project Measured Indicated Mesaured & Indicated Inferred Gold Mining 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au Method Amaruq O/P — —
Slide 16: 2025 Mineral Reserves and Mineral Resources (continued)
2025 Mineral Reserves and Mineral Resources (continued) Mineral Resources as at December 31, 2025 Operation / Project Measured Indicated Mesaured & Indicated Inferred Silver Mining Method 000 Tonnes g/t 000 Oz Ag 000 Tonnes g/t 000 Oz Ag 000 Tonnes g/t 000 Oz Ag 000 Tonnes g/t 000 Oz Ag LaRonde mine
Slide 17: Endnotes
Endnotes Use of Mineral Resources The mineral reserve and mineral resource estimates contained in this presentation have been prepared in accordance with the Canadian Securities Administrators' (the "CSA") National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). The S
Slide 18: Endnotes (continued)
Endnotes (continued) Use of Mineral Resources NI 43-101 requires mining companies to disclose mineral reserves and mineral resources using the subcategories of "proven mineral reserves", "probable mineral reserves", "measured mineral resources", "indicated mineral resources" and "inferred mineral re
Slide 19: Endnotes (continued)
Endnotes (continued) Non-GAAP Measures of Performance This presentation discloses certain financial performance measures, including "EBITDA" which means earnings before interest, taxes, depreciation and amortization, that are not standardized measures under IFRS Accounting Standards. These measures
Slide 20: Investor Relations
NYSE & TSX: AEM Investor Relations 416-947-1212 investor.relations@agnicoeagle.com agnicoeagle.com
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