Slide 1: Second Quarter 2025 Financial Results
Second Quarter 2025 Financial Results August 2025
Slide 2: Cautionary Notes
Cautionary Notes Cautionary Note Regarding Forward-Looking Information and Statements Except for statements of historical fact relating to us, certain statements contained in this presentation (including information incorporated by reference herein) constitute forward-looking information, future ori
Slide 3: Diversified Portfolio with Six Key Assets
Diversified Portfolio with Six Key Assets Focused on Delivering Free Cash Flow and Growth 2025 Priorities (1) CC&V Close & Integration (2) Seabee Six Key Assets Diversified Portfolio across four core focus on free cash flow 2025 Operating Guidance high-quality jurisdictions and margins Marigold CC&V
Slide 4: 2025 Second Quarter Results
2025 Second Quarter Results Quarterly Operating Summary ▪ Consolidated production was 120.2 k GEOs at cost of sales of $1,396/oz and AISC of $2,068/oz ($1,858 ex. Çöpler) (1) ▪ At Marigold, production was 35.9 koz gold at cost of sales of $1,584/oz and AISC of $1,977/oz ▪ At CC&V attributable produc
Slide 5: 2025 Second Quarter Financial Results
2025 Second Quarter Financial Results Financial & Operating Performance (1) Diluted EPS Bridge Q2 2025 Q2 2024 Q2 2025 Gold Equivalent Production oz 120,191 76,102 $0.24 Gold Sales oz 90,739 40,470 $0.02 $0.51 $0.42 ($0.16) Silver Sales Moz 2.5 2.5 Total Gold Equivalent Sales oz 116,736 71,190 Reven
Slide 6: Çöpler Incident
Çöpler Incident Updated Reclamation & Remediation Costs June ‘25 estimate: $312.9M ▪ Following the incident, SSR Mining estimated future reclamation and March ‘24 estimate: $250 to $300M remediation costs of $250 to $300 million. The Company accrued the lower end of this cost range ▪ During Q2 2025,
Slide 7: Operations
Operations
Slide 8: Marigold: Large-Scale Open Pit in Nevada
Marigold: Large-Scale Open Pit in Nevada Quarterly Commentary (1) ▪ Q2 2025 production of 35.9 koz gold at cost of sales of $1,584/oz and AISC of $1,977/oz ▪ Full-year 2025 production guidance for Marigold is 160 to 190 koz of gold at mine site cost •Red Dot of sales of $1,530 to $1,570/oz and AISC
Slide 9: CC&V: Long-Lived Asset With Further Upside
CC&V: Long-Lived Asset With Further Upside Quarterly Commentary (1) ▪ Q2 2025 production of 44.1 koz gold at cost of sales of $1,116/oz and AISC of $1,339/oz ▪ For the period of February 28, 2025 to December 31, 2025, production guidance •Red Dot for CC&V is 90 to 110 koz of gold at mine site cost o
Slide 10: Seabee: High-Grade Underground in Canada
Location: Saskatchewan, Canada Seabee: High-Grade Underground in Canada Mining: Underground Processing: Gravity concentration, CIP Land: ~74,000 ha Ownership: 100% Quarterly Commentary (1) ▪ Production of 11.0 koz gold at cost of sales of $1,785/oz and AISC of $2,708/oz ▪ Operations during the quart
Slide 11: Puna: Large Open-Pit Silver Producer
Puna: Large Open-Pit Silver Producer Quarterly Commentary (1) ▪ Production of 2.8 Moz silver at cost of sales of $15.03/oz and AISC of $12.57/oz ▪ Full-year 2025 production guidance at Puna is 8.00 to 8.75 Moz of silver at cost of sales of $12.50 to $14.00/oz and AISC of $14.25 to $15.75/oz ▪ Contin
Slide 12: Hod Maden: World-Class Copper-Gold Project
Hod Maden: World-Class Copper-Gold Project Location: Artvin, Türkiye Quarterly Commentary Mining: Underground Processing: Flotation ▪ In Q2 2025, $16.2 million was spent at Hod Maden as engineering and initial Land: ~3,500 ha Ownership: 10% (2) site establishment efforts continued to progress, bring
Slide 13: Appendix & Endnotes
Appendix & Endnotes
Slide 14: 2025 Guidance
2025 Guidance (1) Total Operating Guidance Consolidated (Excluding Çöpler) Seabee Production: 70 – 80koz Gold Production koz 320 – 380 320 – 380 Cost of Sales: $1,230 – $1,270/oz AISC: $1,710 – $1,750/oz Silver Production Moz 8.00 – 8.75 8.00 – 8.75 Marigold Production: 160 – 190koz Gold Equivalent
Slide 15: Endnotes & Non-GAAP Reconciliation
Endnotes & Non-GAAP Reconciliation 1) Detailed disclosure related to the February 13, 2024 incident at the Çöpler mine (the “Çöpler Incident” or the “Incident”) was included in Free Cash Flow the Annual Report on Form 10-K for the year ended December 31, 2024 filed on February 18, 2025. As of April
Slide 16: Non-GAAP Reconciliation: Cash Costs and AISC
Non-GAAP Reconciliation Cash Costs and AISC Three Months Ended June 30, 2025 (in thousands, unless otherwise noted) Marigold CC&V Seabee Puna Corporate Total Çöpler Consolidated (Excluding Çöpler) Cost of sales (GAAP) (1) $56,376 $50,003 $18,473 $38,096 — $162,948 — $162,948 By-product credits ($33)
Slide 17: 2025 Operating Guidance
Non-GAAP Reconciliation 2025 Operating Guidance Marigold CC&V (2) Seabee Puna Corporate Total Çöpler Consolidated (operating guidance 100% basis) (1) (Excluding Çöpler) Gold Production koz 160 – 190 90 – 110 70 – 80 — — 320 – 380 — 320 – 380 Silver Production Moz — — — 8.00 – 8.75 — 8.00 – 8.75 — 8.
Slide 18: Non-GAAP Reconciliation: Adjusted Attributable Net Income per Share
Non-GAAP Reconciliation Adjusted Attributable Net Income per Share Three Months Ended March 31, Six Months Ended March 31, (in thousands, except per share) 2025 2024 2025 2024 Net income (loss) attributable to SSR Mining shareholders (GAAP) $90,075 $9,693 $148,856 ($277,389) Interest saving on 2019
Slide 19: SSR Mining Inc.
SSR Mining Inc. www.ssrmining.com Website: www.ssrmining.com invest@ssrmining.com Email: invest@ssrmining.com Toll-free: +1 (888) 338-0046 SSRM:NASDAQ / TSX