Slide 1: Building Better Together. Sustainability at Agnico Eagle
BUILDING BETTER TOGETHER. Sustainability at Agnico Eagle June 21, 2022
Slide 2: Forward Looking Statements
Forward Looking Statements The information in this presentation has been prepared as at June 20, 2022. Certain statements contained in this presentation constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looki
Slide 3: National Indigenous Peoples Day – June 21st
NATIONAL INDIGENOUS PEOPLES DAY – June 21st Recognizing and Celebrating the Cultures and Contributions of Indigenous Peoples Building Better Together 3
Slide 4: The New Gold Standard
THE NEW GOLD STANDARD Building a World-Class Business for our Investors, Employees, Communities and Indigenous Stakeholders ➢ Agnico Eagle is a senior Canadian gold mining company that has produced precious metals since 1957 ➢ Completed a merger with Kirkland Lake Gold on February 8, 2022 ➢ 11 opera
Slide 5: ESG Is a Core Building Block in Agnico's Strategy
ESG IS A CORE BUILDING BLOCK IN AGNICO'S STRATEGY Simple, Consistent, Disciplined and Proven Approach to Value Creation Generating Superior Long- High-Quality Portfolio ESG Stewardship Term Returns to Shareholders • High quality assets located in • Ingrained in how we do • Strong Financial Position
Slide 6: Key ESG Highlights for 2021
KEY ESG HIGHLIGHTS FOR 2021 ▪ Completion of the merger of equals with Kirkland Lake Gold strengthens the Company’s leadership in ESG and enhances the capacity to make longer term ESG focused investments ▪ Committed to implement the Task Force on Climate Related Financial Disclosures Recommendations
Slide 7: Developing Our People Purposefully and Respectfully
DEVELOPING OUR PEOPLE PURPOSEFULLY AND RESPECTFULLY Agnico Eagle's People and Culture Are a Competitive Strength and Advantage Listening, Engaging, Providing Value Diversity, Providing Equal Opportunities Opportunities ▪ Goal to hire 100% of our workforce, ▪ Fundamental to Agnico Eagle’s core includ
Slide 8: Building Strong Relationships with Our Communities
BUILDING STRONG RELATIONSHIPS WITH OUR COMMUNITIES Contributing to the Communities in Which We Operate in order to Make a Positive Difference 2021 Key Highlights* Working with our employees, other stakeholders and rightsholders to create growth and prosperity, allowing everyone to benefit from our m
Slide 9: Innovating Our Business to Generate Long Term Returns
INNOVATING OUR BUSINESS TO GENERATE LONG TERM RETURNS Leveraging our Technical Expertise and ESG Commitment to Continuously Improve our Business Increasing energy efficiency, productivity and worker safety through innovation ▪ Electrification of our mines ▪ Macassa – Early adopter of battery electri
Slide 10: Managing Risk to Protect Our People and Our Business
MANAGING RISK TO PROTECT OUR PEOPLE AND OUR BUSINESS Strong Collaboration of the Board, Executive and Operational Teams to Establish the Right Conditions for Success Sustainability Governance Minimizing Operational, Financial Meeting our Commitments Good oversight and governance strengthens and Repu
Slide 11: Managing Risk to Protect the Environment and Our Communities
MANAGING RISK TO PROTECT THE ENVIRONMENT AND OUR COMMUNITIES Committed to Managing our Facilities to Minimize Effects on the Environment and on our Communities Environmental Research and Development Environmental Stewardship Valorization of Restoration & Revegetation tailings & Closure waste ▪ Water
Slide 12: Adapting to New Realities and Evolving Responsibly
ADAPTING TO NEW REALITIES AND EVOLVING RESPONSIBLY Committed to Contributing to Global Climate Initiatives Current State Scope 1 & 2 GHG Emissions Among the Lower Emitters of the Gold Space GHG Emissions (Scope 1 and 2) 8,000 2.00 7,000 1.80 tonnes of CO2e per gold ounce kilo tonnes CO2 equivalent 1
Slide 13: Adapting to New Realities: Climate Strategy
ADAPTING TO NEW REALITIES AND EVOLVING RESPONSIBLY Climate Strategy We are committed to achieving net-zero by Emissions reduction – Areas of focus to date 2050 ▪ Renewable energy ▪ Already a low emitter of GHG ▪ Hydro – Meliadine & Meadowbank Hydro fibre link in absolute and intensity ▪ Wind farm –
Slide 14: Regional Update
Regional Update
Slide 15: Quebec
QUEBEC LaRonde Complex, Goldex Mine 0.09 tCO2e/oz Au 3.66 Mm3 2,452 $316 M Tonnes (CO2 equivalent) of GHG Scope Of freshwater withdrawn from all sources 1&2 emissions produced per oz of gold for use Employees and contractors Local procurement spend 7.12 m3/oz Au 1,090 ha 99% $ 794 K Total Freshwater
Slide 16: Ontario
ONTARIO Macassa Mine, Detour Lake Mine 0.36 tCO2e/oz Au 0.96 Mm3 3,260 $454 M Tonnes (CO2 equivalent) of GHG Scope Of freshwater withdrawn from all sources 1&2 emissions produced per oz of gold for use Employees and contractors Local procurement spend 1.04 m /oz Au 3 3,899 ha 89% $ 496 K Total Fresh
Slide 17: Nunavut
NUNAVUT Meadowbank Complex, Meliadine Mine, Hope Bay Mine 0.54 tCO2e/oz Au 1.69 Mm3 3,880 $604 M Tonnes (CO2 equivalent) of GHG Scope Of freshwater withdrawn from all sources 1&2 emissions produced per oz of gold for use Employees and contractors Local procurement spend 2.19 m3/oz Au 4,311 ha 15% $
Slide 18: Australia
AUSTRALIA Fosterville Mine 0.24 tCO2e/oz Au 0.29 Mm3 833 $21.5 M Tonnes (CO2 equivalent) of GHG Scope Of freshwater withdrawn from all sources 1&2 emissions produced per oz of gold for use Employees and contractors Local procurement spend 0.57 m3/oz Au 303 ha 15% $ 3.1 M Total Freshwater Withdrawn f
Slide 19: Finland
FINLAND Kittilä Mine 0.36 tCO2e/oz Au 2.55 Mm3 1,080 $114 M Tonnes (CO2 equivalent) of GHG Scope Of freshwater withdrawn from all sources 1&2 emissions produced per oz of gold for use Employees and contractors Local procurement spend 10.6 m3/oz Au 1,705 ha 92% $ 555 K Total Freshwater Withdrawn for
Slide 20: Mexico
MEXICO La India Mine, Pinos Altos Complex 0.68 tCO2e/oz Au 0.97 Mm3 2,244 $65.8 M Tonnes (CO2 equivalent) of GHG Scope Of freshwater withdrawn from all sources 1&2 emissions produced per oz of gold for use Employees and contractors Local procurement spend 4.78 m /oz Au 3 1,261 ha 57% $ 737 K Total F
Slide 21: Building a High Value Business for Decades to Come
BUILDING A HIGH VALUE BUSINESS FOR DECADES TO COME ESG Considerations are an Opportunity to Drive Improved Performance and Deliver on our Vision to Build a Growing, High-Quality, Low Risk, Sustainable Business Recognized for our leading industry practices in Our ESG strategy and pillars will help us
Slide 22: Appendix
APPENDIX
Slide 23: Active Participation in Industry Frameworks
ACTIVE PARTICIPATION IN INDUSTRY FRAMEWORKS MEMBERSHIPS COMMITMENTS DESCRIPTION The Mining Association of Canada’s (MAC) TSM initiative promotes best practices in TSM Protocols Since 2010 environmental protection, energy efficiency, tailing management, community engagement, safety and transparency.
Slide 24: Active Participation in Leading Disclosure Initiatives
ACTIVE PARTICIPATION IN LEADING DISCLOSURE INITIATIVES STANDARDS AGNICO’S DESCRIPTION FRAMEWORKS ADOPTION Global Reporting Sets out specific criteria and indicators that organizations can use to measure and report on their Since 2009 Initiative economic, environmental and social performance. Sustain
Slide 25: Responsible Gold Mining Principles
RESPONSIBLE GOLD MINING PRINCIPLES Agnico Eagle is an Active Participant in this Initiative ➢ An over-arching framework that sets out clear expectations as to what constitutes responsible gold mining. ➢ Designed to provide confidence to investors, supply chain participants and investors that gold ha
Slide 26: Tailings Management
TAILINGS MANAGEMENT Filtered tailings –Oberon Weber Canadian Malartic LaRonde Mine Tailings Management ➢ Tailings storage facilities at all of our operating and closed sites meet or exceed regulatory requirements, and we are continually improving the management of our facilities by developing and in
Slide 27: agnicoeagle.com
Trading Symbol: AEM on TSX & NYSE Investor Relations: 416-947-1212 info@agnicoeagle.com agnicoeagle.com