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NYSE & TSX: AEM October 29, 2026 Third Quarter 2026 Results
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Q3 2026 RESULTSNYSE & TSX: AEM Notes to Investors Forward-Looking Statements The information in this presentation has been prepared as at October 28, 2026. 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-looking information" under the provisions of Canadian provincial securities laws and are referred to herein as "forward-looking statements". All statements, other than statements of historical fact, that address circumstances, events, activities or developments that could, or may or will occur are forward-looking statements. When used in this presentation, the words "achieve", "aim", "anticipate", "commit", "could", "envisions", "estimate", "expect", "forecast", "future", "guide", "objective", "plan", "potential", "schedule", "target", "track", "will", and similar expressions are intended to identify forward-looking statements. Such statements include the Company's forward-looking guidance, including metal production, estimated ore grades, recovery rates, project timelines, drilling targets or results, life of mine estimates, total cash costs per ounce, AISC per ounce, other expenses and cash flows; the potential for additional gold production at the Company's sites, including the potential to increase annual gold production by 20% to 30% over the next decade, exceeding four million ounces by the 2030s; the estimated timing and conclusions of the Company's studies and evaluations; the methods by which ore will be extracted or processed; the Company's plans at Detour Lake underground, Upper Beaver, Odyssey, Hope Bay and San Nicolás, including the approval, timing, funding, completion and commissioning thereof and various projects at such sites and the commencement of production therefrom; statements concerning the Company's "fill-the-mill" strategy at Canadian Malartic; statements regarding the rock mass movement at the Barnat open pit's effect on production; statements regarding the remediation plan and redesign at the Barnat open pit; statements regarding the effect of the rock mass movement on the development or production outlook at the Odyssey mine or change to the Company's pathway to increase annual production at Canadian Malartic; statements concerning other expansion projects, recovery rates, mill throughput, optimization efforts and projected exploration, including costs and other estimates upon which such projections are based; timing and amounts of capital expenditures, other expenditures and other cash needs, and expectations as to the funding thereof; estimates of future mineral reserves, mineral resources, the expected conversion of mineral resources to mineral reserves, mineral production and sales; the projected development of certain ore deposits, including estimates of exploration, development, production, closure and other capital expenditures and estimates of the timing of such exploration, development, production and closure or decisions with respect to such exploration, development, production and closure; estimates of mineral reserves and mineral resources and the effect of drill results and studies on future mineral reserves and mineral resources; the Company's ability to obtain the necessary permits and authorizations in connection with its proposed or current exploration, development and mining operations, and the anticipated timing or submission or receipt thereof; future exploration; the anticipated timing of events with respect to the Company's mine sites; the Company's plans and strategies with respect to sustainability initiatives; the sufficiency of the Company's cash resources; the Company's plans with respect to hedging and the effectiveness of its hedging strategies and the economic impact thereof; future dividend amounts, record dates and payment dates, including the Company's anticipated return of more than 50% of free cash flow to shareholders through dividends and share repurchases in 2026; plans with respect to activity under the NCIB; the effect of tariffs, trade restrictions and the effect of geopolitical events on the Company, whether through availability of inputs or inflation; and anticipated trends with respect to the Company's operations, exploration and the funding thereof. Such statements reflect the Company's views as at the date of this presentation and are subject to certain risks, uncertainties and assumptions, and undue reliance should not be placed on such statements. Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by Agnico Eagle as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The material factors and assumptions used in the preparation of the forward-looking statements contained herein, which may prove to be incorrect, include, but are not limited to, the assumptions set forth herein and in management's discussion and analysis for the year ended December 31, 2025 (the "2025 MD&A") and the Company's Annual Information Form (the "AIF") for the year ended December 31, 2025 filed with Canadian securities regulators and that are included in its Annual Report on Form 40-F for the year ended December 31, 2025 (the "Form 40-F") filed with the U.S. Securities and Exchange Commission (the "SEC") as well as: that there are no significant disruptions affecting operations; that production, permitting, development, expansion and the ramp-up of operations at each of Agnico Eagle's properties proceeds on a basis consistent with current expectations and plans; that the Company's plans for its mining operations are not changed or amended in a material way; that the relevant metal prices, foreign exchange rates and prices for key mining and construction inputs (including labour and electricity) will be consistent with Agnico Eagle's expectations; that the effect of tariffs or trade disputes will not materially affect the price or availability of the inputs the Company uses at its operations; that Agnico Eagle's current estimates of mineral reserves, mineral resources, mineral grades and metal recovery are accurate; that there are no material delays in the timing for completion of ongoing growth projects; that seismic activity at the Company's operations at LaRonde, Goldex, Fosterville and other properties is as expected by the Company and that the Company's efforts to mitigate its effect on mining operations, including with respect to community relations, are successful; that the Company's current plans to address climate change and reduce greenhouse gas emissions are successful; that the Company's current plans to optimize production are successful; that there are no material variations in the current tax and regulatory environment; that governments, the Company or others do not take measures in response to pandemics or other health emergencies or otherwise that, individually or in the aggregate, materially affect the Company's ability to operate its business or its productivity; and that measures taken relating to, or other effects of, pandemics or other health emergencies do not affect the Company's ability to obtain necessary supplies and deliver them to its mine sites. Many factors, known and unknown, could cause the actual results to be materially different from those expressed or implied by such forward-looking statements. Such risks include, but are not limited to: the volatility of prices of gold and other metals; uncertainty of mineral reserves, mineral resources, mineral grades and mineral recovery estimates; uncertainty of future production, project development, capital expenditures and other costs; foreign exchange rate fluctuations; inflationary pressures; financing of additional capital requirements; cost of exploration and development programs; seismic activity at the Company's operations, including at LaRonde, Goldex and Fosterville; mining risks; community protests, including by Indigenous groups; risks associated with foreign operations; risks associated with joint ventures; governmental and environmental regulation; the volatility of the Company's stock price; risks associated with the Company's currency, fuel and by-product metal derivative strategies; the current interest rate environment; the potential for major economies to encounter a slowdown in economic activity or a recession; the potential for increased conflict or hostilities in various regions, including Europe, South America and the Middle East; and the extent and manner of communicable diseases or outbreaks, and measures taken by governments, the Company or others to attempt to mitigate the spread thereof may directly or indirectly affect the Company. For a more detailed discussion of such risks and other factors that may affect the Company's ability to achieve the expectations set forth in the forward- looking statements contained in this presentation, see the AIF and 2025 MD&A filed on SEDAR+ at www.sedarplus.ca and included in the Form 40-F filed on EDGAR at www.sec.gov, as well as the Company's other filings with the Canadian securities regulators and the SEC. Other than as required by law, the Company does not intend, and does not assume any obligation, to update these forward-looking statements. About this Presentation Unless otherwise stated, references to "Canadian Malartic", "Goldex", "LaRonde" and "Meadowbank" are to the Company's operations at the Canadian Malartic complex, the Goldex complex, the LaRonde complex and the Meadowbank complex, respectively. The Canadian Malartic complex consists of the mining, milling and processing operations at the Canadian Malartic mine and the mining operations at the Odyssey mine. The Goldex complex consists of the mining, milling and processing operations at the Goldex mine and the mining operations at the Akasaba West open pit mine. The LaRonde complex consists of the mining, milling and processing operations at the LaRonde mine and the mining operations at the LaRonde Zone 5 mine. The Meadowbank complex consists of the milling and processing operations at the Meadowbank mine and the mining operations at the Amaruq open pit and underground mines. References to other operations are to the relevant mines, projects or properties, as applicable. Further Information – For further details on Agnico Eagle’s third quarter 2026 results, see the Company’s news release dated October 28, 2026. Note Regarding Currency – All amounts expressed in U.S. dollars unless otherwise noted. Front Cover – Agnico Eagle’s Macassa operations located in the Kirkland Lake region in northeastern Ontario, taken in the third quarter of 2026. 2
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Q3 2026 RESULTSNYSE & TSX: AEM Advancing key value driver projects Exploration program yielding positive results, including at the Boston deposit at Hope Bay and Ikkari Strong operational performance led by Detour Lake, Kittila and Fosterville Production remains towards low-end of guidance range for FY2026 Continued focus on safe production and optimization initiatives 1 Strong Free Cash Flow Supports Solid Shareholder Returns Free cash flow1 of $852M driven by strong operational performance Shareholder returns of ~$478 million* or 56% of free cash flow • FY2026 returns now expected to exceed 50% 2 3 * Through the dividend and NCIB 1 These are non-GAAP measures, see Notes to Investors Regarding Certain Measures of Performance in this presentation 2 Gold production excludes 1,415 and 249 ounces from La India and Creston Mascota, respectively, which were produced from residual leaching Q3 2026 Highlights – High-Quality, Consistent, Resilient Business Production Remains Towards Low-End of 2026 Guidance Range Full Year Production Guidance 3.3 – 3.5 Moz Full Year Guidance Total Cash Costs1 $1,020 - $1,120/oz AISC1 $1,400 - $1,550/oz Solid Production and Cost Control Drive Strong Financial Results Building the Foundations of Our Future Growth Detour Lake Canadian Malartic 3 Q3 YTD 2026 2,495 koz2 Hope Bay
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Q3 2026 RESULTSNYSE & TSX: AEM Q3 2026 Q3 2025 Q3 YTD 2026 Q3 YTD 2025 Realized Gold Price1 ($/oz) $4,264 $3,476 $4,537 $3,221 Gold Production2 (koz) 814 867 2,495 2,607 Production Costs ($/oz) $1,193 $963 $1,155 $918 Total Cash Costs3,4 ($/oz) $1,133 $952 $1,092 $924 AISC3,4 ($/oz) $1,648 $1,331 $1,529 $1,262 (in millions) Net Income $1,353 $1,055 $4,649 $2,938 Adjusted Net Income3 $1,324 $1,085 $4,571 $2,831 Adjusted EBITDA3 $2,466 $2,098 $8,214 $5,602 Cash Provided by Operating Activities $1,755 $1,816 $5,245 $4,706 Capital Expenditures3,5 $921 $644 $2,296 $1,601 Free Cash Flow3 $852 $1,190 $2,919 $3,089 (basic shares outstanding) Net Income per share $2.67 $2.10 $9.25 $5.85 Adjusted Net Income per share3 $2.62 $2.16 $9.09 $5.64 Operating Cash Flow per share3 $3.47 $3.62 $10.43 $9.37 $2.70 $3.41 $3.07 $2.62 $- $1.00 $2.00 $3.00 $4.00 $5.00 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Per Share Results Adjusted Net Income per share Operating Cash Flow per share 400 600 800 1,000 1,200 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Gold Production and Total Cash Costs Gold Production (koz) Total Cash Costs ($/oz) 1 Realized gold price is calculated as gold revenues from mining operations divided by the number of ounces sold 2 For Q3 2026 excludes gold production at La India and Creston Mascota of 557 and 115 ounces, respectively, which were produced from residual leaching. For Q3 YTD 2026 excludes gold production at La India and Creston Mascota of 1,415 and 249 ounces, respectively, which were produced from residual leaching 3 These are non-GAAP measures, see Notes to Investors Regarding Certain Measures of Performance in the appendix 4 Total cash costs per ounce and AISC per ounce for each period of 2025 have been restated using the Company's revised composit ion for periods commencing on or after January 1, 2026. Using the Company's composition of this measure for periods ending on or p rior to December 31, 2025, total cash costs per ounce were $994, $943 and $1,089 for Q3, Q3 YTD and Q4 2025, respectively, and AISC per ounce were $1,373 and $1,281 for Q3 and Q3 YTD, respectively. 5 Includes capitalized exploration Financial Highlights – Strong Free Cash Flow Reflects Continued Focus On Cost Discipline 3 3 3 4 4
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Q3 2026 RESULTSNYSE & TSX: AEM Share buyback program with internal purchase limit of $2B Shares repurchased – $800M Q3 2026 YTD Sustaining capital1 – $744M Q3 2026 YTD Dividends – $678M Q3 2026 YTD Maintain strong balance sheet position and enhance financial flexibility Re-investment in high-return growth projects – Development capital1 of $1,552M Q3 2026 YTD Exploration program Strategic investment and M&A strategy Disciplined Capital Allocation Strategy Primary Capital – Sustaining Capital, Dividend and Strengthening the Balance Sheet Excess Capital – Share Buyback Value Creation – Growth Capital and Strategic Investments Q3 2026 YTD Operating Cash Flow Allocation* * Chart segments are indicative only $5.2B Value Creation – Acquisition of Finland Properties Primary Capital Focus Value Creation Investments Excess Capital Returns 1 2 3 51% Free cash flow1 returned to shareholders Q3 2026 YTD, exceeding 40% target2 ~$7.1B Cumulative returns to shareholders from 1983 to Q3 20262,3 20-30% Expected production growth beginning in the early 2030s ~$3.4B Net cash1 position as at September 30, 2026 1 These are non-GAAP measures, see Notes to Investors Regarding Certain Measures of Performance in the appendix 2 Through dividends and share buybacks 3 Calculated as $5.5B cumulative dividends declared since 1983 plus $1.6B cumulative shares repurchased under the Normal Course Issuer Bid since 2022 5
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Q3 2026 RESULTSNYSE & TSX: AEM 1 “TCC” represents Total Cast Costs; this is a non-GAAP measure, see Notes to Investors Regarding Certain Measures of Performance in the appendix 2 Gross margin is calculated as revenues from mining operations less production costs and amortization of property, plant and mine development Quebec, Nunavut, Finland – Resilient Operational Execution 6 Barnat pit operations restarted on schedule on September 27, 2026 with remediation activities completed Strong production at Kittila, Quebec production in line with plan and Nunavut affected by lower gold grades Continued improvement in mill recoveries at Kittila Continued progress on autonomous trucking at LZ5, increasing hauling performance by ~32% during fully automated shifts compared to Q2 2026 Underground fleet management system – Hardware installation on LZ5 haulage fleet completed, with dispatch connectivity performing well Optimization Initiatives Q3 2026 Results Kittila Region Gold Prod. Prod. Costs TCC1 Gross Margin2 Gold Prod. Prod. Costs TCC1 Gross Margin2 (koz) ($/oz) ($/oz) ($M) (koz) ($/oz) ($/oz) ($M) Quebec 218 $1,316 $1,238 $568 741 $1,113 $1,101 $2,147 Nunavut 212 $1,240 $1,117 $495 617 $1,315 $1,118 $1,676 Finland 60 $1,231 $1,162 $161 170 $1,229 $1,195 $482 Q3 2026 Q3 YTD 2026
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Q3 2026 RESULTSNYSE & TSX: AEM 7 Canadian Malartic – Pathway to 1Moz Annual Producer Advancing development and infrastructure at East Gouldie • Extraction of first 4 stopes via ramp Q3 YTD 2026 • First production via shaft expected in Q2 2027 Exploration drilling yields positive results at Odyssey and Marban, extending mineralization envelope Paste plant Odyssey headframe Operational complex Production hoist 1st loading H2 2027 2nd loading 2029 Looking North ODYSSEY MINE Ramp to Shaft bottom (Depth: 1232m ) Shaft (Depth:1586m) Shaft sinking ODYSSEY SOUTH EAST GOULDIE
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Q3 2026 RESULTSNYSE & TSX: AEM 8 Hope Bay – The Next Multi-Decade Producer in Nunavut 2026 sealift completed – 11 vessels including wind turbine and fuel Construction progress at ~13% as at September 30, 2026 Signed a renewed Inuit Impact and Benefit Agreement with the Kitikmeot Inuit Association, extending to 2056 Process plant and multi-services building Power plant construction Wind turbine blade Roberts Bay jetty Patch 7 underground portal
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Q3 2026 RESULTSNYSE & TSX: AEM Q3 2026 Q3 YTD 2026 Region Gold Prod. Prod. Costs TCC1 Gross Margin2 Gold Prod. Prod. Costs TCC1 Gross Margin2 (koz) ($/oz) ($/oz) ($M) (koz) ($/oz) ($/oz) ($M) Ontario 264 $927 $969 $807 784 $905 $960 $2,566 Australia 40 $1,167 $1,189 $97 124 $1,165 $1,141 $341 Mexico3 20 $2,804 $2,093 $24 59 $3,084 $2,080 $95 9 Ontario, Australia, Mexico – Operational Performance Ahead of Plan Strong production led by Detour Lake and Fosterville Record quarterly tonnes extracted from the Detour Lake open pit for third consecutive quarter Record mill throughput achieved at Macassa for third consecutive quarter Initiated trials to extend haul truck service intervals from 500 to 750 hours at Detour Lake, increasing equipment availability and reducing spare parts and labour costs Completed tele-remote expansion at Macassa, moving >36,000 tonnes remotely in Q3 2026, with a focus on high-heat areas Optimization Initiatives Q3 2026 Results Detour Lake 1 “TCC” represents Total Cast Costs; this is a non-GAAP measure, see Notes to Investors Regarding Certain Measures of Performance in the appendix 2 Gross margin is calculated as revenues from mining operations less production costs and amortization of property, plant and mine development 3 For Q3 2026 excludes gold production at La India and Creston Mascota of 557 and 115 ounces, respectively, which were produced from residual leaching. For Q3 YTD 2026 excludes gold production at La India and Creston Mascota of 1,415 and 249 ounces, respectively, which were produced from residual leaching
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Q3 2026 RESULTSNYSE & TSX: AEM Detour Lake – Pathway to 1Moz Annual Producer Advancing exploration ramp and overburden excavation of conveyor ramp portal High-intensity drilling program in West Pit zone near the exploration ramp yielding positive results Drilling further defined high-grade domains and West Extension zone 10 Underground portal Camp extension Conveyor ramp portal Ramp development
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Q3 2026 RESULTSNYSE & TSX: AEM Upper Beaver – Annual Producer with 200koz+ in Kirkland Lake Camp Development of exploration ramp and exploration shaft continues to advance High-intensity drilling program targeting zone at 500-600m depth completed Evaluating opportunities to expand exploration activities, including extending the shaft to 1,220m depth 11 Water treatment plant Underground portal Site development Shaft sinking Shaft headframe
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Q3 2026 RESULTSNYSE & TSX: AEM 12 Odyssey – Growing a World-Class Asset East Gouldie deposit – Drilling continues to return high-grade results in the deeper areas of the East Gouldie deposit and demonstrate the potential to extend mineralization at depth Eclipse zone – Drilling confirmed and extended the zone Odyssey North zone – Drilling intersected significant mineralization within the internal Artemis porphyry sub-zone Highlight Intercepts East Gouldie deposit – 2.8 g/t gold over 34.1m at 1,951m depth Eclipse zone – 3.8 g/t gold over 36.3m (core length) at 1,622m depth Odyssey North zone – 9.5 g/t gold over 18.9m (core length) at 1,061m depth
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Q3 2026 RESULTSNYSE & TSX: AEM 13 Detour Lake – Canada’s Largest Gold Mine with Room to Grow West Pit zone – Conversion drilling below the current open pit mineral reserve continued to generate positive results West Pit zone – Continued high-intensity drilling program to test the proposed underground bulk sample area near the planned exploration ramp West Extension zone – Drilling ~1.0 km west of the mineral resource pit outline continued to extend the underground mineral potential to the west Highlight Intercepts West Pit zone – 11.9 g/t gold over 5.4m at 583m depth West Pit zone – 18.9 g/t gold over 26.4m at 331m depth West Extension zone – 22.4 g/t gold over 2.9m at 682m depth West Extension zone – 4.8 g/t gold over 7.4m at 894m depth
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Q3 2026 RESULTSNYSE & TSX: AEM 14 Hope Bay – Exploration Drilling at Boston Yields Positive Results Patch 7 zone – Conversion drilling program continued to demonstrate the strong continuity of the high-grade mineralization, which remains open along strike and at depth Boston deposit – First drill campaign since 2019 returned positive results and demonstrated the potential for mineral resource expansion at shallow and moderate depths of the deposit, which remains open laterally and at depth. Highlight Intercepts Patch 7 zone – 37.1 g/t gold over 2.8m at 686m depth Patch 7 zone – 8.5 g/t gold over 8.6m at 413m depth Boston deposit – 11.0 g/t gold over 12.3m at 298m depth Boston deposit – 17.0 g/t gold over 4.5m at 308m depth Boston deposit – 6.3 g/t gold over 6.3m at 565m depth
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Q3 2026 RESULTSNYSE & TSX: AEM 15 Ikkari – Ramping-Up Exploration Drilling Along Ikkari Trend Ikkari – Condemnation drilling at Ikkari ongoing to support infrastructure placement and project development planning Helmi – Exploration drilling yields positive results, highlighting potential to extend mineralization envelope at depth and eastwards along strike towards Ikkari Additional step-out drilling planned along the Ikkari trend, supported by expanded exploration capacity with five drill rigs operating on the property in Q4 2026 Highlight Intercepts Helmi – 3.2 g/t gold over 10.7m at 476m depth Helmi – 0.9 g/t gold over 20.0m at 496m depth
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Q3 2026 RESULTSNYSE & TSX: AEM Strong Financial Returns Emphasis on per share value creation Strong financial position to fund growth projects, strengthen balance sheet and return capital to shareholders 43 consecutive years of dividend payments Strategic Regional Focus High-quality project pipeline in core operating regions with unique potential to leverage existing assets Competitive advantage from over 60 years of operations in Canada Unique mining expertise in Nunavut Highest Quality Senior Gold Producer High sustainability standards with multi- decade investment horizon Disciplined capital investments based on technical and regional knowledge Creating value through the drill bit and technical expertise Low-Risk Mining Jurisdictions Multi-mine, multi-decade geologic potential Multi-decade political stability Regional focus maintaining a manageable business High-Quality Business Generating Strong Returns 16
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Appendix
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Q3 2026 RESULTSNYSE & TSX: AEM 18 Mineral Reserves as at May 19, 2026 Operation Proven & Probable Gold Mining Method** 000 Tonnes g/t 000 Oz Au Metallurgical Recovery (%) Hope Bay U/G — — — — Hope Bay – Gold Mineral Reserves and Mineral Resources (May 19, 2026)* Mineral Resources as at May 19, 2026 Operation Measured Indicated Measured & Indicated Inferred Gold Mining Method** 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au Hope Bay U/G 93 6.77 20 31,880 5.63 5,771 31,972 5.63 5,791 17,334 5,97 3,326 * See AEM May 19, 2026 news release for further details on the 2026 Hope Bay update and mineral reserves and mineral resources as at May 19, 2026 ** Underground (“U/G”) The Hope Bay mineral resources as at May 19, 2026, are reported at cut-off grade varying between 3.20 and 3.26 g/t gold. The gold price used in the calculation of the cut-off grade is $2,000 per ounce and the C$/US$ exchange rate is 1.34. Underground measured and indicated mineral resources are reported within mineable shapes and include internal and external dilution. Inferred mineral resources are reported within mineable shapes and include internal dilution. No mining recovery is applied. Mineral reserve and mineral resource estimates for Hope Bay have been approved by Dyane Duquette, P.Geo., Vice-President, Mineral Resources Management, who is a "Qualified Person" for the purposes of NI 43-101. Notes to Investors Regarding Certain Project Evaluations The forecast parameters surrounding certain projects, including Detour Lake underground, Upper Beaver, Hope Bay and the "fill-the-mill" strategy at Canadian Malartic (Odyssey Shaft #1, Odyssey Shaft #2, Marban, Wasamac), were based on internal evaluations, which are preliminary in nature and include inferred mineral resources that are too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves and there is no certainty that the forecast production amounts will be realized. The basis for the internal evaluations and the qualifications and assumptions made by the qualified persons who undertook the internal evaluations are set out in this presentation and the news releases dated June 29, 2024 for Detour Lake underground, dated July 31, 2024 for Upper Beaver and dated May 19, 2026 for Hope Bay. The results of the internal evaluations had no impact on the results of any pre-feasibility or feasibility study. An updated internal evaluation is expected for the 'fill-the-mill" strategy at Canadian Malartic, for Detour Lake and Upper Beaver in 2027.
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Q3 2026 RESULTSNYSE & TSX: AEM 19 * See AEM February 12, 2026 news release for further details on the mineral reserves and mineral resources as at December 31, 2025 As at December 31, 2025 As at December 31, 2024 Category Tonnes (000s) Grade (g/t Au) Contained Gold (000s oz) Tonnes (000s) Grade (g/t Au) Contained Gold (000s oz) Mineral Reserves Proven 212,796 0.98 6,731 215,249 0.93 6,433 Probable 1,116,755 1.36 48,711 1,061,639 1.40 47,852 Total Proven & Probable 1,329,551 1.30 55,442 1,276,888 1.32 54,284 Mineral Resources Measured 113,254 1.28 4,656 111,028 1.23 4,397 Indicated 1,086,470 1.21 42,420 1,056,019 1.14 38,553 Total Measured & Indicated 1,199,724 1.22 47,076 1,167,047 1.14 42,950 Total Inferred 522,289 2.49 41,815 451,483 2.49 36,208 2025 Gold Mineral Reserves and Mineral Resources*
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Q3 2026 RESULTSNYSE & TSX: AEM 20 2025 Mineral Reserves and Mineral Resources Mineral Reserves as at December 31, 2025 Operation / Project Proven Probable Proven & Probable Gold Mining Method* 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au Metallurgical Recovery (%) LaRonde mine1 U/G 2,469 4.65 369 8,158 6.06 1,590 10,627 5.73 1,959 94.4 LaRonde Zone 52 U/G 6,405 2.02 415 6,800 2.17 474 13,205 2.09 889 94.5 LaRonde Total 8,874 2.75 784 14,959 4.29 2,064 23,832 3.72 2,848 Canadian Malartic mine3 O/P 36,896 0.50 597 21,697 1.22 852 58,594 0.77 1,449 88.8 Marban deposit4 O/P — — — 51,618 0.95 1,577 51,618 0.95 1,577 90.0 Odyssey deposit5 U/G 29 2.37 2 4,758 2.12 325 4,787 2.12 327 95.0 East Gouldie6 U/G — — — 54,943 3.23 5,699 54,943 3.23 5,699 94.4 Odyssey Mine Total 29 2.37 2 59,701 3.14 6,024 59,730 3.14 6,026 Canadian Malartic Total 36,925 0.50 599 133,016 1.98 8,453 169,941 1.66 9,052 Goldex7 U/G 6,255 1.48 298 9,065 1.68 488 15,320 1.60 786 85.9 Akasaba West8 O/P 969 0.82 26 2,807 0.96 86 3,777 0.92 112 77.6 Goldex Total 7,225 1.39 324 11,872 1.51 575 19,097 1.46 898 Wasamac U/G — — — 14,757 2.90 1,377 14,757 2.90 1,377 89.7 Quebec Total 53,023 1.00 1,707 174,603 2.22 12,468 227,626 1.94 14,175 Detour Lake (At or above 0.5 g/t) O/P 66,690 1.08 2,313 434,448 0.90 12,641 501,138 0.93 14,954 88.4 Detour Lake (Below 0.5 g/t) O/P 53,681 0.42 722 243,242 0.37 2,899 296,923 0.38 3,621 88.4 Detour Lake Total9 120,371 0.78 3,035 677,690 0.71 15,540 798,061 0.72 18,575 Macassa10 U/G 612 10.43 205 6,013 8.68 1,678 6,625 8.84 1,883 95.9 Macassa Near Surface11 U/G 3 2.11 — 80 3.91 10 84 3.84 10 93.5 AK deposit12 U/G 126 4.35 18 1,975 4.54 288 2,101 4.53 306 93.5 Macassa Total 742 9.36 223 8,068 7.62 1,976 8,810 7.77 2,200 Upper Beaver O/P — — — 3,235 1.82 189 3,235 1.82 189 95.5 Upper Beaver U/G — — — 19,946 4.02 2,579 19,946 4.02 2,579 95.5 Upper Beaver Total13 — — — 23,181 3.71 2,768 23,181 3.71 2,768 Hammond Reef14 O/P — — — 123,473 0.84 3,323 123,473 0.84 3,323 89.8 Ontario Total 121,113 0.84 3,258 832,412 0.88 23,607 953,524 0.88 26,865 Amaruq O/P 8,048 1.26 327 7,364 3.17 750 15,412 2.17 1,077 90.5 Amaruq U/G 81 4.22 11 2,221 5.12 366 2,302 5.09 377 90.5 Meadowbank Total15 8,129 1.29 338 9,585 3.62 1,116 17,714 2.55 1,454 Meliadine O/P 1,142 4.24 156 4,291 3.64 503 5,433 3.77 658 96.0 Meliadine U/G 2,962 6.32 602 13,680 5.37 2,362 16,642 5.54 2,964 96.0 Meliadine Total16 4,104 5.74 757 17,971 4.96 2,864 22,075 5.10 3,622 Hope Bay17 U/G 93 6.77 20 16,086 6.53 3,376 16,178 6.53 3,396 87.5 Nunavut Total 12,325 2.82 1,116 43,642 5.24 7,356 55,967 4.71 8,472 Fosterville18 U/G 887 5.41 154 9,516 4.95 1,516 10,403 4.99 1,670 92.0 Australia Total 887 5.41 154 9,516 4.95 1,516 10,403 4.99 1,670 Kittila19 U/G 931 4.66 140 23,818 4.15 3,179 24,749 4.17 3,319 86.0 Europe Total 931 4.66 140 23,818 4.15 3,179 24,749 4.17 3,319 Pinos Altos O/P 26 1 1,629 1.00 53 1,656 1.00 53 93.6 Pinos Altos U/G 633 2.06 42 2,374 2.29 175 3,007 2.24 216 94.2 Pinos Altos Total20 659 2.00 42 4,003 1.76 227 4,662 1.80 269 San Nicolás (50%)21 O/P 23,858 0.41 314 28,761 0.39 358 52,619 0.40 672 17.6 Mexico Total 24,517 0.45 357 32,764 0.56 585 57,281 0.51 941 Total Gold 212,796 0.98 6,731 1,116,755 1.36 48,711 1,329,551 1.30 55,442
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Q3 2026 RESULTSNYSE & TSX: AEM 21 2025 Mineral Reserves and Mineral Resources (continued) Mineral Reserves as at December 31, 2025 Operation / Project Proven Probable Proven & Probable Silver Mining Method* 000 Tonnes g/t 000 Oz Ag 000 Tonnes g/t 000 Oz Ag 000 Tonnes g/t 000 Oz Ag Metallurgical Recovery (%) LaRonde mine U/G 2,469 10.46 830 8,158 20.75 5,443 10,627 18.36 6,273 78.1 Pinos Altos O/P 26 8.57 7 1,629 34.82 1,824 1,656 34.40 1,831 44.5 Pinos Altos U/G 633 45.29 922 2,374 27.30 2,083 3,007 31.09 3,005 50.0 Pinos Altos Total 659 43.81 929 4,003 30.36 3,907 4,662 32.26 4,836 San Nicolás (50%) O/P 23,858 23.93 18,356 28,761 20.91 19,333 52,619 22.28 37,689 38.6 Total Silver 26,986 23.18 20,116 40,923 21.80 28,682 67,909 22.35 48,798 Copper Mining Method* 000 Tonnes % Tonnes Cu 000 Tonnes % Tonnes Cu 000 Tonnes % Tonnes Cu Metallurgical Recovery (%) LaRonde mine U/G 2,469 0.17 4,081 8,158 0.30 24,751 10,627 0.27 28,831 82.8 Akasaba West O/P 969 0.48 4,640 2,807 0.53 14,810 3,777 0.51 19,451 79.0 Upper Beaver O/P — — — 3,235 0.14 4,477 3,235 0.14 4,477 79.2 Upper Beaver U/G — — — 19,946 0.25 50,453 19,946 0.25 50,453 79.2 Upper Beaver Total — — — 23,181 0.24 54,930 23,181 0.24 54,930 San Nicolás (50%) O/P 23,858 1.26 299,809 28,761 1.01 291,721 52,619 1.12 591,530 78.2 Total Copper 27,296 1.13 308,530 62,908 0.61 386,213 90,204 0.77 694,743 Zinc Mining Method* 000 Tonnes % Tonnes Zn 000 Tonnes % Tonnes Zn 000 Tonnes % Tonnes Zn Metallurgical Recovery (%) LaRonde mine U/G 2,469 0.36 8,951 8,158 1.09 88,811 10,627 0.92 97,762 70.2 San Nicolás (50%) O/P 23,858 1.61 383,313 28,761 1.37 394,115 52,619 1.48 777,428 80.9 Total Zinc 26,327 1.49 392,263 36,920 1.31 482,926 63,246 1.38 875,190 *Open Pit ("O/P"), Underground (“U/G”) 1 LaRonde mine: Net smelter value cut-off varies according to mining type and depth, not less than C$95/t for LP1 (Area 11-3) and not less than C$228/t for LaRonde. 2 LaRonde Zone 5: Gold cut-off grade varies according to stope size and depth, not less than 1.46 g/t. 3 Canadian Malartic: Gold cut-off grade is 0.35 g/t. 4 Marban deposit: Gold cut-off grade is 0.31 g/t. 5 Odyssey deposit: Gold cut-off grade varies according to mining zone and depth, not less than 1.44 g/t. 6 East Gouldie: Gold cut-off grade not less than 1.57 g/t. 7 Goldex: Gold cut-off grade varies according to mining type and depth, not less than 1.00 g/t. 8 Akasaba West: Net smelter value cut-off varies, not less than C$33.28/t. 9 Detour Lake: Gold cut-off grade is 0.27 g/t. 10 Macassa: Gold cut-off grade varies according to mining type, not less than 3.35 g/t for long hole method and 3.78 g/t for cut and fill method. 11 Macassa Near Surface deposit: Gold cut-off grade not less than 2.10 g/t. 12 Amalgamated Kirkland ("AK") deposit: Gold cut-off grade not less than 2.10 g/t. 13 Upper Beaver: Net smelter value cut-off varies according to mining type, not less than C$118.17/t for underground and C$43.49/t for open pit. 14 Hammond Reef: Gold cut-off grade is 0.41 g/t. 15 Amaruq: Gold cut-off grade varies according to mining type, not less than 0.98 g/t for open pit mineral reserves and 3.05 g/t for underground mineral reserves (gold cut-off grade for marginal underground mineral reserves from development is 1.17 g/t). 16 Meliadine: Gold cut-off grade varies according to mining type, not less than 1.50 g/t for open pit mineral reserves and 3.90 g/t for underground mineral reserves (gold cut-off grade for marginal underground mineral reserves from development is 1.50 g/t). 17 Hope Bay: Gold cut-off grade not less than 4.00 g/t. 18 Fosterville: Gold cut-off grade varies according to mining zone and type, not less than 3.00 g/t. 19 Kittila: Gold cut-off grade varies according to haulage distance, not less than 2.63 g/t. 20 Pinos Altos: Net smelter value cut-off varies according to mining zone and type, not less than C$25.44/t for open pit mineral reserves and US$85.97/t for the underground mineral reserves. 21 San Nicolás (50%): Net smelter return cut-off values for low zinc/copper ore of $9.71/t and for high zinc/copper ore of $13.15/t.
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Q3 2026 RESULTSNYSE & TSX: AEM 22 2025 Mineral Reserves and Mineral Resources (continued) Mineral Resources as at December 31, 2025 Operation / Project Measured Indicated Measured & Indicated Inferred Gold Mining Method 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au LaRonde mine U/G — — — 6,457 3.59 746 6,457 3.59 746 1,366 6.03 265 LaRonde Zone 5 U/G — — — 24,207 1.93 1,506 24,207 1.93 1,506 11,677 3.00 1,127 LaRonde Total — — — 30,664 2.28 2,251 30,664 2.28 2,251 13,043 3.32 1,392 Canadian Malartic mine O/P — — — — — — — — — 5,011 0.73 118 Marban deposit O/P — — — 3,875 0.51 63 3,875 0.51 63 2,956 0.66 63 Marban deposit U/G — — — — — — — — — 4,544 2.14 313 Marban regional O/P — — — 14,794 1.22 582 14,794 1.22 582 11,272 1.08 390 Marban regional U/G — — — 296 3.36 32 296 3.36 32 183 3.37 20 Odyssey deposit U/G — — — 4,493 1.63 236 4,493 1.63 236 20,176 2.23 1,445 East Malartic U/G — — — 48,216 1.92 2,976 48,216 1.92 2,976 63,275 1.89 3,835 East Gouldie U/G — — — 5,048 1.42 230 5,048 1.42 230 94,278 2.43 7,372 Odyssey Mine Total — — — 57,757 1.85 3,442 57,757 1.85 3,442 177,729 2.21 12,652 Canadian Malartic Total — — — 76,723 1.67 4,120 76,723 1.67 4,120 201,694 2.09 13,556 Goldex U/G 12,360 1.86 739 21,245 1.45 988 33,604 1.60 1,727 17,951 1.46 842 Akasaba West O/P — — — 130 0.38 2 130 0.38 2 — — — Akasaba West U/G — — — — — — — — — 966 1.60 50 Goldex Total 12,360 1.86 739 21,374 1.44 989 33,734 1.59 1,728 18,917 1.47 892 Akasaba regional U/G — — — — — — — — — 3,052 3.24 318 Wasamac U/G — — — 9,479 2.19 667 9,479 2.19 667 3,911 2.48 312 Quebec Total 12,360 1.86 739 138,241 1.81 8,027 150,601 1.81 8,766 240,618 2.13 16,469 Detour Lake O/P 35,300 1.16 1,312 587,007 0.66 12,373 622,307 0.68 13,685 51,442 1.38 2,290 Detour Lake U/G — — — 52,924 2.04 3,472 52,924 2.04 3,472 59,549 2.03 3,878 Detour Lake Zone 58N U/G — — — 2,868 5.80 534 2,868 5.80 534 973 4.35 136 Detour Lake Total 35,300 1.16 1,312 642,798 0.79 16,379 678,098 0.81 17,691 111,964 1.75 6,304 Macassa U/G 379 10.30 125 2,818 5.85 530 3,197 6.38 656 5,448 7.00 1,226 Macassa Near Surface U/G — — — 59 4.02 8 59 4.02 8 309 3.99 40 AK deposit U/G — — — 212 2.53 17 212 2.53 17 308 3.40 34 Macassa Total 379 10.30 125 3,090 5.59 555 3,469 6.10 681 6,066 6.66 1,299 Aquarius O/P — — — 12,364 2.15 856 12,364 2.15 856 122 3.59 14 Holt complex U/G 5,806 4.29 800 5,884 4.75 898 11,690 4.52 1,699 9,097 4.48 1,310 Anoki-McBean U/G — — — 3,919 2.77 349 3,919 2.77 349 867 3.84 107 Upper Beaver O/P — — — 54 0.87 2 54 0.87 2 — — — Upper Beaver U/G — — — 7,510 2.04 493 7,510 2.04 493 2,953 4.12 391 Upper Beaver Total — — — 7,564 2.03 495 7,564 2.03 495 2,953 4.12 391 Upper Canada O/P — — — 1,477 1.66 79 1,477 1.66 79 1,408 1.47 66 Upper Canada U/G — — — 9,546 2.40 738 9,546 2.40 738 22,736 2.93 2,145 Upper Canada Total — — — 11,024 2.30 817 11,024 2.30 817 24,143 2.85 2,211 Hammond Reef O/P 47,063 0.54 819 86,304 0.53 1,478 133,367 0.54 2,298 — — — Ontario Total 88,548 1.07 3,057 772,946 0.88 21,829 861,494 0.90 24,885 155,212 2.33 11,636
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Q3 2026 RESULTSNYSE & TSX: AEM 23 2025 Mineral Reserves and Mineral Resources (continued) Mineral Resources as at December 31, 2025 Operation / Project Measured Indicated Measured & Indicated Inferred Gold Mining Method 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au 000 Tonnes g/t 000 Oz Au Amaruq O/P — — — 2,488 3.03 242 2,488 3.03 242 190 2.87 18 Amaruq U/G — — — 8,887 3.83 1,094 8,887 3.83 1,094 5,750 4.14 765 Meadowbank Total — — — 11,374 3.65 1,336 11,374 3.65 1,336 5,940 4.10 783 Meliadine O/P 288 2.82 26 5,705 2.72 499 5,994 2.73 525 710 4.22 96 Meliadine U/G 1,662 3.80 203 12,928 3.65 1,515 14,590 3.66 1,719 14,036 5.28 2,382 Meliadine Total 1,951 3.66 229 18,634 3.36 2,015 20,584 3.39 2,244 14,746 5.23 2,478 Hope Bay U/G — — — 14,946 4.61 2,217 14,946 4.61 2,217 16,868 5.98 3,246 Nunavut Total 1,951 3.66 229 44,954 3.85 5,567 46,905 3.84 5,797 37,555 5.39 6,507 Fosterville U/G 651 4.06 85 10,702 3.76 1,293 11,353 3.77 1,377 13,328 4.19 1,795 Northern Territory O/P 337 3.72 40 16,203 1.41 732 16,539 1.45 772 13,255 1.75 745 Northern Territory U/G — — — 4,470 4.75 683 4,470 4.75 683 5,807 4.11 767 Northern Territory Total 337 3.72 40 20,672 2.13 1,415 21,009 2.15 1,455 19,062 2.47 1,512 Australia Total 987 3.94 125 31,374 2.68 2,707 32,362 2.72 2,832 32,391 3.18 3,307 Kittila O/P — — — — — — — — — 373 3.89 47 Kittila U/G 4,669 2.87 431 17,874 2.81 1,617 22,544 2.83 2,048 6,209 4.66 930 Kittila Total 4,669 2.87 431 17,874 2.81 1,617 22,544 2.83 2,048 6,582 4.62 977 Barsele (55%) O/P — — — 3,178 1.08 111 3,178 1.08 111 2,260 1.25 91 Barsele (55%) U/G — — — 1,158 1.77 66 1,158 1.77 66 13,552 2.10 914 Barsele (55%) Total1 — — — 4,335 1.27 176 4,335 1.27 176 15,811 1.98 1,005 Europe Total 4,669 2.87 431 22,210 2.51 1,794 26,879 2.57 2,224 22,393 2.75 1,982 Pinos Altos O/P — — — 1,530 0.90 44 1,530 0.90 44 154 0.57 3 Pinos Altos U/G — — — 12,659 2.14 872 12,659 2.14 872 1,378 2.04 90 Pinos Altos Total — — — 14,189 2.01 916 14,189 2.01 916 1,533 1.89 93 La India O/P 4,478 0.52 74 880 0.53 15 5,358 0.52 89 — — — San Nicolás (50%) O/P 261 0.08 1 3,037 0.20 19 3,297 0.19 20 2,468 0.13 10 Tarachi O/P — — — 19,290 0.58 361 19,290 0.58 361 242 0.52 4 Chipriona O/P — — — 11,652 0.77 287 11,652 0.77 287 1,284 0.63 26 El Barqueño Gold O/P — — — 8,431 1.24 335 8,431 1.24 335 9,696 1.12 349 Santa Gertrudis O/P — — — 19,267 0.91 563 19,267 0.91 563 9,819 1.36 429 Santa Gertrudis U/G — — — — — — — — — 9,079 3.44 1,004 Santa Gertrudis Total — — — 19,267 0.91 563 19,267 0.91 563 18,898 2.36 1,433 Mexico Total 4,739 0.49 75 76,746 1.01 2,496 81,485 0.98 2,571 34,120 1.75 1,915 Total Gold 113,254 1.28 4,656 1,086,470 1.21 42,420 1,199,724 1.22 47,076 522,289 2.49 41,815 1 On January 28, 2026, Agnico Eagle entered into an agreement to sell its 55% interest in the Barsele project to Goldsky Resources Corp., with the closing of the transaction completed on June 24, 2026
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Q3 2026 RESULTSNYSE & TSX: AEM 24 2025 Mineral Reserves and Mineral Resources (continued) Mineral Resources as at December 31, 2025 Operation / Project Measured Indicated Measured & Indicated Inferred Silver Mining Method 000 Tonnes g/t 000 Oz Ag 000 Tonnes g/t 000 Oz Ag 000 Tonnes g/t 000 Oz Ag 000 Tonnes g/t 000 Oz Ag LaRonde mine U/G — — — 6,457 14.92 3,097 6,457 14.92 3,097 1,366 15.50 680 Pinos Altos O/P — — — 1,530 20.28 997 1,530 20.28 997 154 13.90 69 Pinos Altos U/G — — — 12,659 54.77 22,294 12,659 54.77 22,294 1,378 48.42 2,146 Pinos Altos Total — — — 14,189 51.05 23,291 14,189 51.05 23,291 1,533 44.95 2,215 La India O/P 4,478 2.72 391 880 2.58 73 5,358 2.70 464 — — — San Nicolás (50%) O/P 261 6.40 54 3,037 11.86 1,158 3,297 11.43 1,211 2,468 9.26 735 Chipriona O/P — — — 11,652 100.69 37,722 11,652 100.69 37,722 1,284 76.97 3,176 El Barqueño Silver O/P — — — — — — — — — 4,462 121.28 17,399 El Barqueño Gold O/P — — — 8,431 5.15 1,396 8,431 5.15 1,396 9,696 16.00 4,989 Santa Gertrudis O/P — — — 19,267 3.66 2,269 19,267 3.66 2,269 9,819 1.85 585 Santa Gertrudis U/G — — — — — — — — — 9,079 23.31 6,803 Santa Gertrudis Total — — — 19,267 3.66 2,269 19,267 3.66 2,269 18,898 12.16 7,389 Total Silver 4,739 2.92 445 63,913 33.58 69,005 68,652 31.47 69,450 39,705 28.66 36,582 Copper Mining Method 000 Tonnes % Tonnes Cu 000 Tonnes % Tonnes Cu 000 Tonnes % Tonnes Cu 000 Tonnes % Tonnes Cu LaRonde mine U/G — — — 6,457 0.15 9,387 6,457 0.15 9,387 1,366 0.26 3,526 Akasaba West O/P — — — 130 0.16 205 130 0.16 205 — — — Akasaba West U/P — — — — — — — — — 966 0.88 8,451 Akasaba West Total — — — 130 0.16 205 130 0.16 205 966 0.88 8,451 Upper Beaver O/P — — — 54 0.10 56 54 0.10 56 — — — Upper Beaver U/G — — — 7,510 0.16 12,063 7,510 0.16 12,063 2,953 0.36 10,649 Upper Beaver Total — — — 7,564 0.16 12,118 7,564 0.16 12,118 2,953 0.36 10,649 San Nicolás (50%) O/P 261 1.35 3,526 3,037 1.17 35,489 3,297 1.18 39,015 2,468 0.94 23,144 Chipriona O/P — — — 11,652 0.16 18,768 11,652 0.16 18,768 1,284 0.11 1,377 El Barqueño Gold O/P — — — 8,431 0.21 17,650 8,431 0.21 17,650 9,696 0.22 21,555 El Barqueño Silver O/P — — — — — — — — — 4,462 0.04 1,852 Total Copper 261 1.35 3,526 37,270 0.25 93,617 37,531 0.26 97,143 23,193 0.30 70,555 Zinc Mining Method 000 Tonnes % Tonnes Zn 000 Tonnes % Tonnes Zn 000 Tonnes % Tonnes Zn 000 Tonnes % Tonnes Zn LaRonde mine U/G — — — 6,457 0.98 63,087 6,457 0.98 63,087 1,366 0.43 5,856 San Nicolás (50%) O/P 261 0.39 1,012 3,037 0.71 21,618 3,297 0.69 22,630 2,468 0.62 15,355 Chipriona O/P — — — 11,652 0.87 101,211 11,652 0.87 101,211 1,284 0.72 9,178 Total Zinc 261 0.39 1,012 21,146 0.88 185,916 21,407 0.87 186,928 5,117 0.59 30,389
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Q3 2026 RESULTSNYSE & TSX: AEM 25 Notes to Investors Regarding the Use of Mineral Resources The mineral reserve and mineral resource estimates contained in this presentation have been prepared in accordance with the Canadian Securities Administrators' (the "CSA") National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). The SEC's disclosure requirements and policies for mining properties now more closely align with current industry and global regulatory practices and standards, including NI 43-101; however Canadian issuers that report in the United States using the Multijurisdictional Disclosure System ("MJDS"), such as the Company, may still use NI 43-101 rather than the SEC disclosure requirements when using the SEC's MJDS registration statement and annual report forms. Accordingly, mineral reserve and mineral resource information contained in this presentation may not be comparable to similar information disclosed by U.S. companies. Investors are cautioned that while the SEC recognizes "measured mineral resources", "indicated mineral resources" and "inferred mineral resources", investors should not assume that any part or all of the mineral deposits in these categories will ever be converted into a higher category of mineral resources or into mineral reserves. These terms have a great amount of uncertainty as to their economic and legal feasibility. Accordingly, investors are cautioned not to assume that any "measured mineral resources", "indicated mineral resources" or "inferred mineral resources" that the Company reports in this presentation are or will be economically or legally mineable. Further, "inferred mineral resources" have a great amount of uncertainty as to their existence and as to their economic and legal feasibility. It cannot be assumed that any part or all of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian regulations, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in limited circumstances. Investors are cautioned not to assume that all or any part of an inferred mineral resource exists, or is or will ever be economically or legally mineable. The mineral reserve and mineral resource data set out in this presentation are estimates, and no assurance can be given that the anticipated tonnages and grades will be achieved or that the indicated level of recovery will be realized. The Company does not include equivalent gold ounces for by-product metals contained in mineral reserves in its calculation of contained ounces. Mineral reserves are not reported as a subset of mineral resources. Scientific and Technical Information The scientific and technical information contained in this presentation relating to Nunavut, Quebec and Finland operations has been approved by Dominique Girard, Eng., Executive Vice-President & Chief Operating Officer – Nunavut, Quebec & Europe; relating to Ontario, Australia and Mexico operations has been approved by Natasha Vaz, P.Eng., Executive Vice-President & Chief Operating Officer – Ontario, Australia & Mexico; relating to exploration has been approved by Guy Gosselin, Eng. and P.Geo., Executive Vice- President, Exploration; and relating to mineral reserves and mineral resources has been approved by Dyane Duquette, P.Geo., Vice-President, Mineral Resources Management, each of whom is a "Qualified Person" for the purposes of NI 43-101. Mineral reserves reported are not included in mineral resources. Tonnage amounts and contained metal amounts set out in this table have been rounded to the nearest thousand, so may not aggregate to equal column or row totals. Mineral reserves are in-situ, taking into account all mining recoveries, before mill or heap leach recoveries. Underground mineral reserves and measured and indicated mineral resources are reported within mineable shapes and include internal and external dilution. Inferred mineral resources are reported within mineable shapes and include internal dilution. Mineable shape optimization parameters may differ for mineral reserves and mineral resources. The mineral reserves and mineral resources tonnages reported for silver, copper and zinc are a subset of the mineral reserves and mineral resources tonnages for gold. The Company's economic parameters set the maximum price allowed to be no more than the lesser of the three‐year moving average and current spot price, which is a common industry standard. Given the current commodity price environment, Agnico Eagle continues to use more conservative gold and silver prices. The below metal price assumptions are all below the three-year historic averages (from January 1, 2023 to December 31, 2025) of approximately $2,606 per ounce of gold, $30.64 per ounce of silver, $4.32 per pound of copper and $1.26 per pound of zinc. Metal Price for Mineral Reserve Estimation* Gold ($/oz) Silver ($/oz) Copper ($/lb) Zinc ($/lb) $1,600 $24.00 $3.80 $1.20 *Exceptions: $1,350 per ounce of gold used for Hammond Reef; $1,500 per ounce of gold used for Detour Lake open pit; $1,650 per ounce of gold used for Wasamac and Marban; $2,000 per ounce of gold for Amaruq; $1,450 per ounce of gold and $3.75 per pound of copper used for Upper Beaver; $2,000 per ounce of gold and $27.00 per ounce of silver used for Pinos Altos; and $1,300 per ounce of gold, $20.00 per ounce of silver, $3.00 per pound of copper and $1.10 per pound of zinc used for San Nicolás. Exchange Rates* C$ per US$1.00 MXN per US$1.00 A$ per US$1.00 € per US$1.00 C$1.34 MXP18.00 A$1.52 €0.91 *Exceptions: exchange rate of C$1.25 per US$1.00 used for Holt complex and Detour Lake Zone 58N; US$1.15 per €1.00 used for Barsele; C$1.30 per US$1.00 used for Detour Lake open pit, Detour Lake underground, Hammond Reef and Anoki-McBean; and A$1.45 per US$1.00 used for Northern Territory. Metal Price for Mineral Resource Estimation* Gold ($/oz) Silver ($/oz) Copper ($/lb) Zinc ($/lb) $2,000 $25.00 $4.00 $1.30 *Exceptions: $1,200 per ounce of gold used for Holt complex; $1,300 per ounce of gold used for Detour Lake Zone 58N; $1,500 per ounce of gold used for Northern Territory; $1,533 per ounce of gold used for Barsele; $1,600 per ounce of gold used for Canadian Malartic; $1,650 per ounce of gold used for La India; $1,688 per ounce of gold used for Hammond Reef, Anoki-McBean and Tarachi; $1,750 per ounce of gold used for Upper Beaver, Wasamac and Aquarius; $1,800 per ounce of gold used for Marban; $1,900 per ounce of gold used for Marban Regional and Akasaba Regional; $2,400 per ounce of gold used for Amaruq; $1,688 per ounce of gold and $25.00 per ounce of silver used for Santa Gertrudis; $1,300 per ounce of gold, $20.00 per ounce of silver, $3.00 per pound of copper and $1.10 per pound of zinc used for San Nicolás; $2,400 per ounce of gold and $28.00 per ounce of silver used for Pinos Altos. Notes to Investors
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Q3 2026 RESULTSNYSE & TSX: AEM 26 Notes to Investors Regarding the Use of Mineral Resources NI 43-101 requires mining companies to disclose mineral reserves and mineral resources using the subcategories of "proven mineral reserves", "probable mineral reserves", "measured mineral resources", "indicated mineral resources" and "inferred mineral resources". Mineral resources that are not mineral reserves do not have demonstrated economic viability. A mineral reserve is the economically mineable part of a measured and/or indicated mineral resource. It includes diluting materials and allowances for losses, which may occur when the material is mined or extracted and is defined by studies at prefeasibility or feasibility level as appropriate that include application of modifying factors. Such studies demonstrate that, at the time of reporting, extraction could reasonably be justified. The mineral reserves presented in this presentation are separate from and not a portion of the mineral resources. Modifying factors are considerations used to convert mineral resources to mineral reserves. These include, but are not restricted to, mining, processing, metallurgical, infrastructure, economic, marketing, legal, environmental, social and governmental factors. A proven mineral reserve is the economically mineable part of a measured mineral resource. A proven mineral reserve implies a high degree of confidence in the modifying factors. A probable mineral reserve is the economically mineable part of an indicated and, in some circumstances, a measured mineral resource. The confidence in the modifying factors applied to a probable mineral reserve is lower than that applied to a proven mineral reserve. A mineral resource is a concentration or occurrence of solid material of economic interest in or on the Earth's crust in such form, grade or quality and quantity that there are reasonable prospects for eventual economic extraction. The location, quantity, grade or quality, continuity and other geological characteristics of a mineral resource are known, estimated or interpreted from specific geological evidence and knowledge, including sampling. A measured mineral resource is that part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics are estimated with confidence sufficient to allow the application of modifying factors to support detailed mine planning and final evaluation of the economic viability of the deposit. Geological evidence is derived from detailed and reliable exploration, sampling and testing and is sufficient to confirm geological and grade or quality continuity between points of observation. An indicated mineral resource is that part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics are estimated with sufficient confidence to allow the application of modifying factors in sufficient detail to support mine planning and evaluation of the economic viability of the deposit. Geological evidence is derived from adequately detailed and reliable exploration, sampling and testing and is sufficient to assume geological and grade or quality continuity between points of observation. An inferred mineral resource is that part of a mineral resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Geological evidence is sufficient to imply but not verify geological and grade or quality continuity. Investors are cautioned not to assume that part or all of an inferred mineral resource exists, or is economically or legally mineable. A feasibility study is a comprehensive technical and economic study of the selected development option for a mineral project that includes appropriately detailed assessments of applicable modifying factors, together with any other relevant operational factors and detailed financial analysis that are necessary to demonstrate, at the time of reporting, that extraction is reasonably justified (economically mineable). The results of the study may reasonably serve as the basis for a final decision by a proponent or financial institution to proceed with, or finance, the development of the project. The confidence level of the study will be higher than that of a pre-feasibility study. Additional Information Additional information about each of the Company's material mineral projects as at December31, 2025, including information regarding data verification, key assumptions, parameters and methods used to estimate mineral reserves and mineral resources and the risks that could materially affect the development of the mineral reserves and mineral resources required by sections 3.2 and 3.3 and paragraphs 3.4(a), (c) and (d) of NI 43-101 can be found in the Company's AIF and 2025 MD&A filed on SEDAR+ and with the SEC on EDGAR and in the following technical reports filed on SEDAR+ in respect of the Company's material mineral properties: Detour Lake Operation, Ontario, Canada, NI 43-101 Technical Report (September 20, 2024); NI 43-101 Technical Report of the LaRonde complex in Quebec, Canada (March 24, 2023); NI 43-101 Technical Report Canadian Malartic Mine, Quebec, Canada (March 25, 2021); Technical Report on the Mineral Resources and Mineral Reserves at Meadowbank Gold complex including the Amaruq Satellite Mine Development, Nunavut, Canada as at December 31, 2017 (February 14, 2018); and the Updated Technical Report on the Meliadine Gold Project, Nunavut, Canada (February 11, 2015). Forward-Looking Non-GAAP Measures This presentation contains information regarding estimated future total cash costs per ounce, minesite costs per tonne and AISC per ounce. The estimates are based upon the total cash costs per ounce, minesite costs per tonne and AISC per ounce that the Company expects to incur to mine gold at its mining operations and do not include certain costs that will vary over time as each project is developed and mined. It is therefore not practicable to reconcile these forward-looking non-GAAP financial measures to the most comparable IFRS Accounting Standards measure. Notes to Investors Regarding Production Guidance The gold production guidance is based on the Company's mineral reserves but includes contingencies and assumes metal prices and foreign exchange rates that are different from those used in the mineral reserve estimates. These factors and others mean that the gold production guidance presented in this presentation does not reconcile exactly with the production models used to support these mineral reserves. Notes to Investors Regarding Certain Measures of Performance This presentation discloses certain financial performance measures, including "total cash costs per ounce", "all-in sustaining costs per ounce" (or "AISC per ounce"), "adjusted net income", "adjusted EBITDA", “capital expenditures”, "free cash flow“ and "net cash", as well as, for certain of these measures their related per share ratios that are not standardized measures under IFRS Accounting Standards. These measures and ratios may not be comparable to similar measures and ratios reported by other gold producers and should be considered together with other data prepared in accordance with IFRS Accounting Standards. See AEM Management’s Discussion and Analysis ("MD&A") dated October 28, 2026 under the caption “Non-GAAP Financial Performance Measures” for a reconciliation of these measures to the most directly comparable financial information reported in the consolidated financial statements prepared in accordance with IFRS Accounting Standards, which is incorporated by reference herein. Notes to Investors
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Investor Relations 416-947-1212 investor.relations@agnicoeagle.com agnicoeagle.com NYSE & TSX: AEM