Iamgold Corporation · TSX:IMG

Iamgold — Shareholder Meeting (May 2016)

17 slides from Iamgold's shareholder meeting presentation, May 4, 2016

  1. Slide 1: 2015 Annual Meeting of Shareholders

    2015 Annual Meeting of Shareholders May 4, 2016 Remarks by Stephen J.J. Letwin, President & CEO

  2. Slide 2: Cautionary Statement

    Cautionary Statement All information included in this presentation, including any information as to the Company’s future financial or operating performance, and other statements that express management’s expectations or estimates of future performance, other than statements of historical fact, const

  3. Slide 3: Geographically Diversified Asset Base

    Geographically Diversified Asset Base Four Operating Gold Mines l TSX: IMG l NYSE: IAG l 3

  4. Slide 4: Strong Start to the Year

    Strong Start to the Year Net operating cash flow up 90% Significant Improving financial cost Increasing structure flexibility shareholder value Westwood Continued ramp-up on productivity track gains l TSX: IMG l NYSE: IAG l 4

  5. Slide 5: Prudent Cash Management

    Prudent Cash Management 750 $30 700 (5.7) 650 $250* (70.0) (2.7) 1.7 30.3 $500 170.3 $millions 600 55.82 (69.6) $529 550 658.13 500 $27 548.01 $71 450 $143 Cash: investing activities Cash: financing activities 400 Cash Balance Operating Capital Sale of gold Other Credit facility Flow-through Other C

  6. Slide 6: Essakane – Burkina Faso (90%)

    Essakane – Burkina Faso (90%) Q1 2015 Q1 2016 Attributable gold production 89,000 88,000 Average grade 1.33 1.21 All-in sustaining costs1 ($/oz) $988 $1,116 Total cash costs1 ($/oz) $761 $691 Q1 2016 Highlights  Decrease in production Q-o-Q due to lower grades, partially offset by Essakane LOM – pr

  7. Slide 7: Rosebel – Suriname (95%)

    Rosebel – Suriname (95%) Q1 2015 Q1 2016 Attributable gold production 76,000 68,000 Average grade 0.81 0.77 All-in sustaining costs1 ($/oz) $1,037 $955 Total cash costs1 ($/oz) $850 $768 Q1 2016 Highlights  Decrease in production Q-o-Q due to lower grades and lower throughput Rosebel LOM – Producti

  8. Slide 8: Westwood – Quebec (100%)

    Westwood – Quebec (100%) Q1 2015 Q1 2016 Attributable gold production 22,000 15,000 Average grade 6.29 5.77 All-in sustaining costs1,2 ($/oz) $1,507 $890 Total cash costs1,2 ($/oz) $1,130 $857 Westwood LOM – Production & Costs Forecast Q1 2016 Highlights  Production from planned mining blocks on sc

  9. Slide 9: Westwood development - benchmarks being met

    Westwood development - benchmarks being met Key Performance Indicators Forecast YTD Actual YTD Variance No lost time DART Rate* 3.30 0 -100% incidents Safety or injuries TRIR+ 8.8 8.2 -7% Underground lateral development 5,312 5,528 4% Development (m) Underground vertical development 816 696 -15% Dev

  10. Slide 10: Sadiola - Mali (41%)

    Sadiola- Mali (41%) Q1 2015 Q1 2016 Attributable gold production 19,000 19,000 Average grade 1.23 1.22 All-in sustaining costs1 ($/oz) $914 $821 Total cash costs1 ($/oz) $887 $795 Sulphide Expansion Project – 2015 Technical Report2 Q1 2016 Highlights  19,000 attributable ounces produced Strip Ratio

  11. Slide 11: Exploration Program – Increased Focus & Success

    Exploration Program – Increased Focus & Success Since 2012: • 68% reduction in exploration expenditures 160 • 9.5Moz upgraded to Indicated • 3 greenfield discoveries 140 - 1.69Moz Indicated - 1.90Moz Inferred 120 • Côté Gold – 2.6Moz added 100 $millions 80 60 40 20 0 2012 2013 2014 2015 2016 Guidanc

  12. Slide 12: Boto and Pitangui

    Boto Location: Senegal Tonnes Grade Contained Ounces (000) (g/t) (000 Au) Ownership: 100% Measured & Indicated1 27,670 1.8 1,563 Highlights: • Currently advancing technical and environmental studies necessary for the Inferred1 2,922 1.3 125 economic evaluation of the project • April 2016 diamond dri

  13. Slide 13: Diakha-Siribaya and Eastern Borosi

    Diakha-Siribaya Location: Mali Tonnes Grade Contained Ounces (000) (g/t) (000 Au) Ownership: 50:50 JV with Merrex Gold Measured & Indicated1,2 2,102 1.9 129 Highlights: • Multiple zones of mineralization and deposit Inferred1.2 19,816 1.7 1,092 open in all directions • Currently focused on expanding

  14. Slide 14: Monster Lake and Nelligan

    Monster Lake Location: Quebec Ownership: Earn-in option with TomaGold Highlights: • High-grade 325-Megane Zone extends at depth • Testing targets north and south of the main 325- Megane Zone • Final drilling results for 2015 drill program announced in February 2016. › Results include: 2.8 meters gra

  15. Slide 15: Why Invest in IAMGOLD?

    Why Invest in IAMGOLD?  Conservative gold price outlook  Prepared to take advantage of higher gold prices  Continue to drive down operating costs and capital spending  Strong balance sheet  Opportunities to improve cash flow at all mines  Promising exploration pipeline l TSX: IMG l NYSE: IAG l

  16. Slide 16: Technical Information and Qualified Person/Quality Control Notes

    Technical Information and Qualified Person/Quality Control Notes The mineral resource estimates contained in this presentation have been prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). The “Qualified Person” responsible for the super

  17. Slide 17: TSX: IMG NYSE: IAG

    Bob Tait VP, Investor Relations T: 416-360-4743 Laura Young Director, Investor Relations T: 416-933-4952 info@iamgold.com TSX: IMG NYSE: IAG

IAMGOLD — Shareholder Meeting (May 2016) on 6ix