Iamgold Corporation · TSX:IMG

Iamgold — Q1 2025 Earnings Presentation

18 slides from Iamgold's earnings presentation, May 7, 2025

  1. Slide 1: Q1 2025 Conference Call

    Q1 2025 RESULTS CONFERENCE CALL TSX: IMG l NYSE: IAG l www.iamgold.com Q1 2025 CONFERENCE CALL May 7, 2025

  2. Slide 2: Cautionary Statement

    Q1 2025 RESULTS CONFERENCE CALL Cautionary Statement CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION All information included or incorporated by reference in this MD&A, including any information as to the Company’s vision, strategy, future financial or operating performance and other stat

  3. Slide 3: Technical Information and Qualified Persons

    Q1 2025 RESULTS CONFERENCE CALL Technical Information and Qualified Persons CAUTIONARY NOTE TO U.S. INVESTORS REGARDING DISCLOSURE OF MINERAL RESERVE AND MINERAL RESOURCE ESTIMATES The mineral resource and reserve estimates contained in this presentation have been prepared in accordance with NI 43-1

  4. Slide 4: Overview

    Q1 2025 RESULTS CONFERENCE CALL Overview BUILDING A LEADING, MODERN CANADIAN-FOCUSED MULTI-ASSET PRODUCER • Côté Gold: Ramping up to be one of Canada’s largest mines and a model for modern mining in Canada • Westwood: Quebec underground success story, generating positive cashflow with a revised tech

  5. Slide 5: Q1 Highlights

    Q1 2025 RESULTS CONFERENCE CALL Q1 Highlights OPERATING RESULTS Q1 2025 Q1 2024 2025 GUIDANCE RESPONSIBILITY & ACCOUNTABILITY Côté Gold (attr.) koz 51 1 250 – 280 TRIFR (total recordable injuries/200,000 hours) of 0.67 Westwood (100%) koz 24 32 125 – 140 2024 Sustainability Report published on May 6

  6. Slide 6: Liquidity

    Q1 2025 RESULTS CONFERENCE CALL Financial Results .6M LIQUIDITY (as at March 31, 2025) 6 31 lity: $428.5 M Cash and equivalents of $316.6 million and total liquidity1 of $745.8 million :$ Cash • $200.2 million of cash and equivalents held by Essakane, $46.9 million held by Côté Gold70%, • Excess cas

  7. Slide 7: Financial Results

    Q1 2025 RESULTS CONFERENCE CALL Financial Results FINANCIAL HIGHLIGHTS FINANCIAL REVIEW (In $ millions, unless otherwise stated) Q1 2025 Q1 2024 Gold revenues of $477.1 million from sales of 174,000 ounces at realized average price of $2,731/oz (including impact of gold prepay) Revenues $477.1 $338.

  8. Slide 8: Operations

    Q1 2025 RESULTS CONFERENCE CALL Operations 8

  9. Slide 9: Côté Gold

    Q1 2025 RESULTS CONFERENCE CALL Côté Gold (70% interest) (100% basis, unless otherwise stated) Ore mined kt Q2 2024 2,109 Q3 2024 3,159 Q4 2024 3,637 Q1 2025 3,115 Grade mined g/t 0.93 1.02 1.07 0.78 OPERATING HIGHLIGHTS & MILESTONES Material mined – total kt 10,514 10,378 10,847 10,755 Gold product

  10. Slide 10: Côté Gold Processing Plant Ramp

    Q1 2025 RESULTS CONFERENCE CALL Côté Gold 42,000 CÔTÉ GOLD PROCESSING PLANT RAMP PROCESSING RAMP UP 36,000 Mill throughput 2.1M tonnes at head grade of 1.17 g/t and 93% recoveries 30,000 Daily throughput (tonnes) • Replacement of HPGR rolls completed in February, operational improvements ongoing and

  11. Slide 11: Côté Gold: Growth

    Q1 2025 RESULTS CONFERENCE CALL CÔTÉ GOLD PROJECT – MINERAL RESERVES & RESOURCES (2024)1,2 Côté Gold: Growth Tonnes Grade Contained (100%) Attributable Contained Classification (millions) (g/t Au) (Moz Au) (Moz Au) INVESTIGATE OPTIMIZATIONS & POTENTIAL OPERATING EFFICIENCIES Côté Gold Deposit Côté d

  12. Slide 12: Westwood Complex

    Q1 2025 RESULTS CONFERENCE CALL Westwood Complex (100% basis, unless otherwise stated) Ore mined – underground kt Q1 2025 89 Q1 2024 83 Ore mined – other sources kt 192 120 OPERATIONAL REVIEW Ore milled kt 282 249 Gold production of 24,000 ounces in Q1 due to lower underground grades from Head grade

  13. Slide 13: Essakane

    Q1 2025 RESULTS CONFERENCE CALL Essakane (100% basis, unless otherwise stated) Ore mined kt Q1 2025 2,447 Q1 2024 3,458 Material mined – total kt 10,861 11,340 OPERATIONAL REVIEW Strip ratio w:o 3.4 2.3 Attributable production of 86,000 ounces Ore milled kt 3,112 3,039 Total tonnes mined in Q1 of 10

  14. Slide 14: Chibougamau: Emerging District

    Q1 2025 RESULTS CONFERENCE CALL Chibougamau: Emerging District Nelligan Longitudinal Section NELLIGAN (100% INTEREST) • Located 45 kilometres southwest of Chibougamau, Québec • Updated resource estimate1(on 100% basis): Cut-off Category Grade Tonnage Grade Contained Au (g/t Au) (Mt) (g/t Au) (koz Au

  15. Slide 15: Graeme Jennings, VP, Investor Relations

    Q1 2025 RESULTS CONFERENCE CALL Graeme Jennings, VP, Investor Relations 416-388-6883 15

  16. Slide 16: Gold Mineral Reserves – 100% Basis

    Q1 2025 RESULTS CONFERENCE CALL 1,2,3 Gold Mineral Reserves – 100% Basis As of December 31, 2024 PROVEN PROBABLE TOTAL RESERVES Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces DEPOSIT Type* Location Ownership (000’s) (g/t) (000’s) (000’s) (g/t) (000’s) (000’s) (g/t) (000’s) Burkina Essak

  17. Slide 17: Gold Mineral Resources – 100% Basis

    Q1 2025 RESULTS CONFERENCE CALL 1,2,3 Gold Mineral Resources – 100% Basis (Measured & Indicated Resources are inclusive of Proven & Probable Reserves) As of December 31, 2024 MEASURED INDICATED MEASURED + INDICATED INFERRED Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Oun

  18. Slide 18: Graeme Jennings, VP, Investor Relations

    Q1 2025 RESULTS CONFERENCE CALL Graeme Jennings, VP, Investor Relations 416-388-6883 TSX: IMG l NYSE: IAG l www.iamgold.com

IAMGOLD — Q1 2025 Earnings Presentation on 6ix