Alamos Gold Inc. · TSX:AGI
Alamos Gold — Shareholder Meeting (May 2020)
22 slides from Alamos Gold's shareholder meeting presentation, May 20, 2020
Slide 1: Annual Meeting of Shareholders
John A. McCluskey President & Chief Executive Officer Annual Meeting of Shareholders May 20, 2020
Slide 2: Cautionary notes
Cautionary notes This presentation, the information contained herein, any other materials provided in connection with this presentation and any oral remarks accompanying this presentation (collectively, the “Presentation”), has been prepared by Alamos Gold Inc. (“Alamos” or the “Company”) solely for
Slide 3: Year in review
Year in review TSX:AGI ǀ NYSE:AGI 3
Slide 4: Stable production; declining costs; record financial performance
Stable production; declining costs; record financial performance Gold Production (koz) Cash Flow from Operations & AISC (US$/oz)1,2 (before changes in WC)1 (US$M) $1,022 $1,091 $1,010 $933 $989 $951 $297 495k oz 505 495 $213 gold production; met guidance for 5th 429 380 392 $148 $183 consecutive yea
Slide 5: Mulatos – significant milestones achieved
Mulatos – significant milestones achieved 2m oz gold production milestone achieved March 2019; end of 5% NSR royalty Cerro Pelon construction completed ahead of schedule, under budget La Yaqui Grande permitting complete; construction decision Q2 2020 TSX:AGI ǀ NYSE:AGI 5
Slide 6: Island Gold – record operational performance; ongoing exploration success
Island Gold – record operational performance; ongoing exploration success Significant Growth Since Nov 2017 Acquisition 4,000 12 3,500 Mineral Reserves M&I Mineral Resources 150k oz Inferred Mineral Resources Mineral Reserve grade 11 record production, up 42% from 2018 Cumulative oz produced 3,000 2
Slide 7: Young-Davidson – stronger operational performance
Young-Davidson – stronger operational performance 188k oz produced; met high end of guidance June 2019 6,720 tpd record underground mining rate, up 8% from 2018 Lower mine expansion advanced construction into final stages TSX:AGI ǀ NYSE:AGI 7
Slide 8: Young-Davidson – lower mine expansion nearing completion
Young-Davidson – lower mine expansion nearing completion 8990 Crusher June 2019 April 2020 TSX:AGI ǀ NYSE:AGI 8
Slide 9: Health & Safety – Home Safe Every Day
Health & Safety – Home Safe Every Day Safety Performance AGI LTIFR (per 200k hours worked) AGI TRIFR (per 200k hours worked) 3.30 3.28 0.39 3.06 3.14 0.34 2.29 0.17 0.11 0.05 2016 2017 2018 2019 2019 WSN1 1 2016 2017 2018 2019 2019 WSN 1 1 Source: Workplace Safety North: 2019 Lost Time Injuries Freq
Slide 10: Sustainability – creating shared value for all our stakeholders
Sustainability – creating shared value for all our stakeholders Environmental Social Governance o Zero significant environmental incidents in 2019 o Home Safe Every Day program: investing heavily in o 90% Director Independence a culture focused on safety first through safety & o Carbon footprint & e
Slide 11: Outlook
Outlook TSX:AGI ǀ NYSE:AGI 11
Slide 12: COVID-19 update & outlook
COVID-19 update & outlook • Our primary focus remains the health and safety of our people and the communities in which we operate • No confirmed cases of COVID-19 across Alamos operations or offices • We continue to be diligent in taking precautions to help prevent the potential spread of COVID-19 i
Slide 13: Strong H2 2020 outlook with several transformational catalysts
Strong H2 2020 outlook with several transformational catalysts Island Gold Phase III expansion study expected mid-2020 Young-Davidson lower mine expansion scheduled for completion July 2020 Transition to strong free cash flow growth in H2 2020 Balance sheet solid with $215m cash & $615m total liquid
Slide 14: Strong outlook; long-term track record of delivering shareholder value
Strong outlook; long-term track record of delivering shareholder value 160% Alamos Gold (TSX:AGI) $27m Gold Price (US$/oz) 143% 140% returned to shareholders through S&P/TSX Global Gold Index dividends & buybacks in 2019, up 120% from $8m 2018 100% 98% 80% $12m returned to shareholders in Q1 60% 202
Slide 15: Strong outlook; long-term track record of delivering shareholder value
Strong outlook; long-term track record of delivering shareholder value Diversified, long-life gold Expanding margins & Strong balance sheet to Long-term track record production profitability support growth of creating value for all stakeholders Average annualized return since 20031 15% 10% 4% AGI (T
Slide 16: Appendices
Appendices TSX:AGI ǀ NYSE:AGI 16
Slide 17: Board of Directors, Executive and Management Team
Board of Directors, Executive and Management Team Board of Directors Paul J. Murphy John A. McCluskey Elaine Ellingham David Fleck David Gower Claire M. C. Kennedy Monique Mercier J. Robert S. Prichard Ronald E. Smith Kenneth Stowe Chairman Director Director Director Director Director Director Direc
Slide 18: Proven & Probable Mineral Reserves
Proven & Probable Mineral Reserves PROVEN AND PROBABLE GOLD MINERAL RESERVES (as at December 31, 2018) Proven Reserves Probable Reserves Total Proven and Probable Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) Yo
Slide 19: Total Measured & Indicated Mineral Resources
Total Measured & Indicated Mineral Resources MEASURED AND INDICATED GOLD MINERAL RESOURCES (as at December 31, 2018) Measured Resources Indicated Resources Total Measured and Indicated Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces (000's) (g/t Au) (000's) (000's) (g/t Au) (000's) (000'
Slide 20: Total Inferred Mineral Resources
Total Inferred Mineral Resources INFERRED GOLD MINERAL RESOURCES (as at December 31, 2018) Tonnes Grade Ounces (000's) (g/t Au) (000's) Young-Davidson – Surface 31 0.99 1 Young-Davidson – Underground 3,498 2.75 310 Total Young-Davidson 3,528 2.74 311 Island Gold 4,178 11.71 1,573 Mulatos 8,369 0.92
Slide 21: Notes to Mineral Reserve and Resource estimates
Notes to Mineral Reserve and Resource estimates Qualified Persons Chris Bostwick, FAusIMM, Alamos Gold’s Vice President, Technical Services, has reviewed and approved the scientific and technical information contained in this presentation. Chris Bostwick is a Qualified Person within the meaning of C
Slide 22: Scott K. Parsons, CFA
Scott K. Parsons, CFA VP, Investor Relations 416.368.9932 x 5439 sparsons@alamosgold.com