Centerra Gold Inc. · TSX:CG

Centerra Gold — Q2 2026 Earnings Presentation

12 slides from Centerra Gold's earnings presentation, Jul 29, 2026

  1. Slide 1: Building a Strong Platform for Future Growth

    TSX CG NYSE CGAU BUILDING A STRONG PLATFORM FOR FUTURE GROWTH Second Quarter 2026 Results Conference Call & Webcast JULY 29, 2026

  2. Slide 2: Cautionary Statement on Forward Looking Information

    Cautionary Statement on Forward Looking Information All statements, other than statements of historical fact contained or incorporated by reference in this document, which address events, results, outcomes or developments that the Company expects to occur are, or may be deemed to be, forward-looking

  3. Slide 3: Use of Non-GAAP and Other Specified Financial Measures

    Use of Non-GAAP and Other Specified Financial Measures This document contains “specified financial measures” within the meaning of NI 52-112, specifically the non-GAAP financial measures, non-GAAP ratios and supplementary financial measures described below. Management believes that the use of these

  4. Slide 4: Q2 2026 Summary

    Q2 2026 Summary Strong operational execution across the portfolio. Consolidated gold production guidance increased to 260-290kozs due to robust Öksüt performance in H1 2026 Q2 2026 OPERATING HIGHLIGHTS Q2 2026 FINANCIAL HIGHLIGHTS Production: 70,727 oz gold; 13.1M lbs copper Q2 2026 EPS and Adjusted

  5. Slide 5: Conceptual Production Growth and Initial Capex Profile

    Conceptual Production Growth and Initial Capex Profile(1) Centerra has an organic growth pipeline in gold and copper with a focus in Canada and US, which is expected to be self-funded from existing liquidity and future cash flow from operations 2026-2029 2030’s 2040’s Mount Exploration Milligan Pote

  6. Slide 6: 2025 Sustainability Report Highlights

    2025 Sustainability Report Highlights Our Vision is to build a team-based culture of excellence that responsibly delivers sustainable value and growth ENVIRONMENTAL SOCIAL GOVERNANCE 0.37 tCO2e/ oz AuEq emissions intensity Local procurement spending increased 5 years of successful independent assura

  7. Slide 7: Mount Milligan Operating Highlights

    Mount Milligan Operating Highlights Q2 2026 gold and copper production continues to be in line with guidance and the PFS mine plan Q2 2026 HIGHLIGHTS Operating Highlights Q2 2026 Q2 2026 YTD Production: Tonnes mined (000s) 11,896 24,162 Q2 2026: 38,175 ounces gold and 13.1M pounds copper Tonnes ore

  8. Slide 8: Öksüt Mine Operating Highlights

    Öksüt Mine Operating Highlights Strong operations in H1 2026 supported an increase to 2026 gold production guidance range Q2 2026 HIGHLIGHTS Operating Highlights Production: Q2 2026 Q2 2026 YTD Q2 2026: 32,552 ounces of gold Tonnes mined (000s) 4,713 7,807 Costs: Tonnes ore mined (000s) 1,211 1,873

  9. Slide 9: Thompson Creek Restart Highlights

    Thompson Creek Restart Highlights Thompson Creek restart activities on track for first production in mid-2027 THOMPSON CREEK RESTART HIGHLIGHTS Q2 Highlights Q2 2026 non-sustaining capital expenditures(1): $51.6 million By the end of Q2 2026, 52% of the infrastructure refurbishment is complete Achie

  10. Slide 10: Financial Results

    Financial Results Financials ($M, except as noted) Q2 2026 Q2 2026 YTD Net earnings (loss) $72.1 $151.5 Net earnings (loss) per common share - $/share basic(2) $0.37 $0.76 Adjusted net earnings (loss)(1) $79.3 $167.5 Adjusted net earnings (loss) per common share - $/share basic(1,2) $0.40 $0.84 Gold

  11. Slide 11: Financial Highlights

    Financial Highlights Both sites generated robust cash flow from operations before changes in working capital and taxes paid in Q2 2026; Total liquidity of $1.05 billion Q2 2026 CASH GENERATION $150 Cash Credit 118 $451M Facility $600M $100 89 66 $50 TOTAL $M 16 LIQUIDITY(2) 11 $1.05B $0 -23 -$50 -45

  12. Slide 12: Questions

    TSX CG NYSE CGAU QUESTIONS 1 University Avenue, Suite 1800 phone 416-204-1953 Toronto, Ontario M5J 2P1 fax 416-204-1954 email investor@centerragold.com

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