CG Investor presentation

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TSX CG NYSE CGAU STRONG PLATFORM Investor Presentation FEBRUARY 2026 BUILDING A FOR FUTURE GROWTH

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Cautionary Statement on Forward Looking Information 2 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 information or forward-looking statements within the meaning of certain securities laws, including the provisions of the Securities Act (Ontario) and the provisions for “safe harbor” under the United States Private Securities Litigation Reform Act of 1995 and are based on expectations, estimates and projections as of the date of this document. Such forward-looking information involves risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology such as “aimed”, “anticipate”, “believe”, “beyond”, “commenced”, “continue”, “expect”, “extend”, “evaluate”, “finalizing”, “focused”, “forecast”, “goal”, “intend”, “in line”, “ongoing”, “optimistic”, “on track”, “plan”, “potential”, “preliminary”, “project”, “pursuing”, “target”, or “update”, or variations of such words and phrases and similar expressions or statements that certain actions, events or results “may”, “could”, “would” or “will” be taken, occur or be achieved or the negative connotation of such terms. Such statements include, but may not be limited to: statements regarding 2026 guidance, outlook and expectations, including, but not limited to, production, costs, capital expenditures, grade profiles, cash flow, care and maintenance, PP&E and reclamation costs, recoveries, processing, inflation, depreciation, depletion and amortization, taxes and annual royalty payments; the ability of the Company to finance the majority of expenditures and capital requirements from the cash flows provided by the Mount Milligan Mine and Öksüt Mine; exploration potential, budgets, focuses, programs, targets and projected exploration results; gold, copper and molybdenum prices; market conditions; the declaration, payment and sustainability of the Company’s dividends; the continuation of the Company’s normal course issuer bid (“NCIB”) and automatic share purchase plan and the timing, methods and quantity of any purchases of Shares under the NCIB; compliance with applicable laws and regulations pertaining to the NCIB; the availability of cash for repurchases of Common Shares under the NCIB; the timing of the resumption of operations at the Langeloth Metallurgical Facility following the temporary suspension in January 2026 and the financial or operational impact of such incident; the development and construction of Goldfield, including the timing of engineering completion, long-lead procurement and site establishment works; Goldfield’s life of mine, average annual production and costs including its initial capital costs and the expectation to fund this from the Company’s existing liquidity; the timing of first production at Goldfield and the impact it would have on Centerra’s production profile, cash flow and value to shareholders; the ability for Goldfield to provide a streamlined, low-risk development path, with first production targeted by the end of 2028; the success of an optimized mine plan at Mount Milligan including the construction of additional tailings capacity and any increased mill throughput; the future success of Kemess, the timing and content of a PEA and accompanying update on its technical concept including mining methods and its ability to complement Mount Milligan as a cornerstone asset; any potential synergies between the Company’s projects and Thesis Gold Inc’s or Liberty Gold Inc’s respective properties; the ability of the existing infrastructure at Kemess to lower execution risk for the project and the possibility that any additional infrastructure will complement it; the success of an infill and grade control drilling program at Mount Milligan and its ability to enhance geological confidence; the timing of gold and copper production and sales at Mount Milligan and gold production and sales at Öksüt;; the timing and capital required for the restart of Thompson Creek; royalty rates and taxes in Türkiye; financial hedges; and other statements that express management’s expectations or estimates of future plans and performance, operational, geological or financial results, estimates or amounts not yet determinable and assumptions of management. The Company cautions that forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by the Company at the time of making such statements, are inherently subject to significant business, economic, technical, legal, geopolitical and competitive uncertainties and contingencies, which may prove to be incorrect. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements and undue reliance should not be placed on such statements and information. Risk factors that may affect the Company’s ability to achieve the expectations set forth in the forward-looking statements in this document include, but are not limited to: (A) strategic, legal, planning and other risks, including: political risks associated with the Company’s operations in Türkiye, the USA and Canada; resource nationalism including the management of external stakeholder expectations; the impact of changes in, or to the more aggressive enforcement of, laws, government royalties, tariffs, regulations and government practices, including unjustified civil or criminal action against the Company, its affiliates, or its current or former employees; risks that community activism may result in increased contributory demands or business interruptions; the risks related to outstanding litigation affecting the Company; the risk of claims, investigations or proceedings arising from operational incidents, including potential third-party claims for personal injury, property damage or business interruption; the impact of any sanctions or tariffs imposed by Canada, the United States or other jurisdictions; potential defects of title in the Company’s properties that are not known as of the date hereof; permitting and development of our projects, including tailings facilities, being consistent with the Company’s expectations; the inability of the Company and its subsidiaries to enforce their legal rights in certain circumstances; risks related to anti-corruption legislation; Centerra not being able to replace mineral reserves; Indigenous claims and consultative issues relating to the Company’s properties which are in proximity to Indigenous communities; and potential risks related to kidnapping or acts of terrorism; (B) risks relating to financial matters, including: sensitivity of the Company’s business to the volatility of gold, copper, molybdenum and other mineral prices; the use of provisionally-priced sales contracts for production at the Mount Milligan Mine; reliance on a few key customers for the gold-copper concentrate at the Mount Milligan Mine; use of commodity derivatives; the imprecision of the Company’s mineral reserves and resources estimates and the assumptions they rely on; the accuracy of the Company’s production and cost estimates; persistent inflationary pressures on key input prices; the impact of restrictive covenants in the Company’s credit facilities and in the Royal Gold Streaming Agreement which may, among other things, restrict the Company from pursuing certain business activities. including paying dividends or repurchasing shares under its NCIB, or making distributions from its subsidiaries; the Company’s ability to obtain future financing; sensitivity to fuel price volatility; the impact of global financial conditions; the impact of currency fluctuations; the effect of market conditions on the Company’s short-term investments; the Company’s ability to make payments, including any payments of principal and interest on the Company’s debt facilities, which depends on the cash flow of its subsidiaries; the ability to obtain adequate insurance coverage; changes to taxation laws or royalty structures in the jurisdictions where the Company operates, and (C) risks related to operational matters and geotechnical issues and the Company’s continued ability to successfully manage such matters, including: unanticipated ground and water conditions; the stability of the pit walls at the Company’s operations leading to structural cave-ins, wall failures or rock-slides; the integrity of tailings storage facilities and the management thereof, including as to stability, compliance with laws, regulations, licenses and permits, controlling seepages and storage of water, where applicable; there being no significant disruptions affecting the activities of the Company whether due to extreme weather events or other related natural disasters, labour disruptions, supply disruptions, power disruptions, damage to equipment or other force majeure events; the risk of having sufficient water to continue operations at the Mount Milligan Mine and achieve expected mill throughput; changes to, or delays in the Company’s supply chain and transportation routes, including cessation or disruption in rail and shipping networks, whether caused by decisions of third-party providers or force majeure events (including, but not limited to: labour action, flooding, landslides, seismic activity, wildfires, earthquakes, pandemics, or other global events such as wars); lower than expected ore grades or recovery rates; the success of the Company’s future exploration and development activities, including the financial and political risks inherent in carrying out exploration activities; inherent risks associated with the use of sodium cyanide in the mining operations; the adequacy of the Company’s insurance to mitigate operational and corporate risks; mechanical breakdowns; the occurrence of any labour unrest or disturbance and the ability of the Company to successfully renegotiate collective agreements when required; the risk that Centerra’s workforce and operations may be exposed to widespread epidemic or pandemic; seismic activity, including earthquakes; wildfires; long lead-times required for equipment and supplies given the remote location of some of the Company’s operating properties and disruptions caused by global events; reliance on a limited number of suppliers for certain consumables, equipment and components; the ability of the Company to address physical and transition risks from climate change and sufficiently manage stakeholder expectations on climate-related issues; regulations regarding greenhouse gas emissions and climate change; significant volatility of molybdenum prices resulting in material working capital changes and unfavourable pressure on viability of the molybdenum business; the Company’s ability to accurately predict decommissioning and reclamation costs and the assumptions they rely upon; the Company’s ability to attract and retain qualified personnel; competition for mineral acquisition opportunities; risks associated with the conduct of joint ventures/partnerships; risk of cyber incidents such as cybercrime, malware or ransomware, data breaches, fines and penalties; and, the Company’s ability to manage its projects effectively and to mitigate the potential lack of availability of contractors, budget and timing overruns, and project resources. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are provided for the purpose of providing information about management’s expectations and plans relating to the future. All of the forward-looking statements made in this document are qualified by these cautionary statements and those made in our other filings with the securities regulators of Canada and the United States including, but not limited to, those set out in the Company’s latest Annual Report on Form 40-F/Annual Information Form and Management’s Discussion and Analysis, each under the heading “Risk Factors”, which are available on SEDAR+ (www.sedarplus.ca) or on EDGAR (www.sec.gov/edgar). The foregoing should be reviewed in conjunction with the information, risk factors and assumptions found in this document. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether written or oral, or whether as a result of new information, future events or otherwise, except as required by applicable law. Christopher Richings, Professional Engineer, member of the Professional Engineers of Ontario and Engineers and Geoscientists British Columbia and Centerra’s Vice President, Technical Services, has reviewed and approved the scientific and technical information contained in this presentation. Mr. Richings is a “qualified person” within the meaning of the Canadian Securities Administrator’s NI 43-101 Standards of Disclosure for Mineral Projects.

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Use of Non-GAAP and Other Specified Financial Measures 3 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 measures assists analysts, investors and other stakeholders of the Company in understanding the costs associated with producing gold and copper, understanding the economics of gold and copper mining, assessing operating performance, the Company’s ability to generate free cash flow from current operations and on an overall Company basis, and for planning and forecasting of future periods. However, the measures have limitations as analytical tools as they may be influenced by the point in the life cycle of a specific mine and the level of additional exploration or other expenditures a company has to make to fully develop its properties. The specified financial measures used in this MD&A do not have any standardized meaning prescribed by IFRS and may not be comparable to similar measures presented by other issuers, even as compared to other issuers who may be applying the World Gold Council (“WGC”) guidelines. Accordingly, these specified financial measures should not be considered in isolation, or as a substitute for, analysis of the Company’s recognized measures presented in accordance with IFRS. The following is a description of the non-GAAP financial measures, non-GAAP ratios and supplementary financial measures used in this document: • All-in sustaining costs on a by-product basis per ounce is a non-GAAP ratio calculated as all-in sustaining costs on a by-product basis divided by ounces of gold sold. All-in sustaining costs on a by-product basis is a non-GAAP financial measure calculated as the aggregate of production costs as recorded in the condensed consolidated statements of (loss) earnings, refining and transport costs, the cash component of capitalized stripping and sustaining capital expenditures, lease payments related to sustaining assets, corporate general and administrative expenses, accretion expenses, asset retirement depletion expenses, copper and silver revenue and the associated impact of hedges of by-product sales revenue. When calculating all-in sustaining costs on a by-product basis, all revenue received from the sale of copper from the Mount Milligan Mine, as reduced by the effect of the copper stream, is treated as a reduction of costs incurred. A reconciliation of all-in sustaining costs on a by-product basis to the nearest IFRS measure is set out below. Management uses these measures to monitor the cost management effectiveness of each of its operating mines. • Sustaining capital expenditures and Non-sustaining capital expenditures are non-GAAP financial measures. Sustaining capital expenditures are defined as those expenditures required to sustain current operations and exclude all expenditures incurred at new operations or major projects at existing operations where these projects will materially benefit the operation. Non-sustaining capital expenditures are primarily costs incurred at ‘new operations’ and costs related to ‘major projects at existing operations’ where these projects will materially benefit the operation. A material benefit to an existing operation is considered to be at least a 10% increase in annual or life of mine production, net present value, or reserves compared to the remaining life of mine of the operation. A reconciliation of sustaining capital expenditures and non-sustaining capital expenditures to the nearest IFRS measures is set out below. Management uses the distinction of the sustaining and non-sustaining capital expenditures as an input into the calculation of all-in sustaining costs per ounce and all-in costs per ounce. • Adjusted net earnings (loss) is a non-GAAP financial measure calculated by adjusting net (loss) earnings as recorded in the condensed consolidated statements of (loss) earnings for items not associated with ongoing operations. The Company believes that this generally accepted industry measure allows the evaluation of the results of income-generating capabilities and is useful in making comparisons between periods. This measure adjusts for the impact of items not associated with ongoing operations. A reconciliation of adjusted net (loss) earnings to the nearest IFRS measures is set out below. Management uses this measure to monitor and plan for the operating performance of the Company in conjunction with other data prepared in accordance with IFRS. • Free cash flow (deficit) is a non-GAAP financial measure calculated as cash provided by operating activities from continuing operations less property, plant and equipment additions. A reconciliation of free cash flow to the nearest IFRS measures is set out below. Management uses this measure to monitor the amount of cash available to reinvest in the Company and allocate for shareholder returns. • Mining costs per tonne mined is a non-GAAP financial measure calculated by dividing the mining costs by the number of tonnes mined. Management uses these measures to monitor the cost management effectiveness of the mining process for each of its operating mines. • Processing costs per tonne stacked is a non-GAAP financial measure calculated by dividing the processing costs by the number of tonnes milled or stacked. Management uses these measures to monitor the cost management effectiveness of the mine processing for each of its operating mines. • Site G&A costs per tonne processed is a non-GAAP financial measure calculated by dividing the site G&A costs by the number of tonnes milled or stacked. Management uses these measures to monitor the cost management effectiveness of the site G&A process for each of its operating mines. • Average realized gold price is a supplementary financial measure calculated by dividing the different components of gold sales (including third party sales, mark-to-market adjustments, final pricing adjustments and the fixed amount received under the Mount Milligan Mine Streaming Agreement) by the number of ounces sold. Management uses this measure to monitor its sales of gold ounces against the average market gold price. • Average realized copper price is a supplementary financial measure calculated by dividing the different components of copper sales (including third party sales, mark-to-market adjustments, final pricing adjustments and the fixed amount received under the Mount Milligan Mine Streaming Agreement) by the number of pounds sold. Management uses this measure to monitor its sales of gold ounces against the average market copper price. • Total liquidity is a supplementary financial measure calculated as cash and cash equivalents and amount available under the corporate credit facility. Credit facility availability is reduced by outstanding letters of credit. Management uses this measure to determine if the Company can meet all of its commitments, execute on the business plan, and to mitigate the risk of economic downturns. • Adjusted EBITDA is a non-GAAP financial measure that represents earnings before interest, taxes, depreciation, and amortization. It is calculated by adjusting net earnings as recorded in the consolidated statements of earnings by depreciation and amortization. Management uses this measure to monitor and plan for the operating performance of the Company in conjunction with other data prepared in accordance with IFRS. Additional information about these measures, including explanations of their composition, explanations of how these measures provide useful information to investors and quantitative reconciliations to the most directly comparable financial measures in the Company’s unaudited financial statements for the quarters ended December 31, 2025 and 2024, is included in the section titled “Non-GAAP and Other Financial Measures” of the Q4 2025 MD&A, which section is incorporated by reference herein. The Q4 2025 MD&A is available under the Company’s profile on SEDAR+ at www.sedarplus.ca.

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Building a Strong Platform for Future Growth Strong Balance Sheet(3) Portfolio focused on Canada, US, and Türkiye, with exposure to gold, copper and molybdenum Top Mining Jurisdictions Operationally focused management team with strong technical experience and bench strength Strong Leadership Active share buyback program since 2022 Quarterly dividend paid for the last 24 quarters Consistent Shareholder Returns $529M of Cash $929M of Total Liquidity No Debt (1) Non-GAAP financial measures ratios. Refer to the “Non-GAAP and Other Financial Measures” section of the Company’s latest MD&A. (2) All-in sustaining costs (AISC) are calculated on a by-product basis ($/oz). (3) As at December 31, 2025. Total liquidity is calculated as cash and cash equivalents and the amount available under the Corporate Credit Facility. GOLDFIELD PROJECT | NEVADA, USA MOLYBDENUM BUSINESS UNIT Endako Mine BC, Canada Thompson Creek Mine Idaho, USA Langeloth Metallurgical Facility Pennsylvania, USA Operating Mine Project Molybdenum Business Unit KEMESS PROJECT | BC, CANADA CONSOLIDATED 2026 GUIDANCE Production: 250 – 280Koz Au; 50 – 60Mlbs Cu Gold production costs: $1,500 – $1,600/oz AISC(1,2): $1,650 – $1,750/oz MOUNT MILLIGAN MINE | BC, CANADA 2026 Guidance 140 – 155Koz Au and 50 – 60Mlbs Cu Gold production costs $1,450 – $1,550/oz AISC(1,2) $1,200 – $1,300/oz ÖKSÜT | TÜRKIYE 2026 Guidance 110 – 125Koz Au Gold production costs(4) $1,650 – $1,750/oz AISC(1,2,4) $1,850 – $1,950/oz US Moly 4

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0.7 0.7 0.8 0.9 1.0 1.0 1.1 1.1 1.2 1.2 1.8 CenterraB2GoldSSRMEldoradoWesdomeDPMEquinoxAlamosOceanaIAMGOLDLundin Gold 5 Compelling Value Proposition Self-funded organic growth pipeline focused on North America, with polymetallic exposure Self-Funded Organic Growth Pipeline Favourable Jurisdictions Growth in North American Gold Production Attractive Valuation Trading at a discounted P/NAV multiple, backed by 5.5 Moz of gold and 1.7B lbs of copper reserves, 2026E production of 250-280kozs of gold and 50-60Mlbs of copper, and net cash of $529M Strong balance sheet with $529M of cash and cash equivalents, $929M of total liquidity and zero debt, enabling internal funding of future growth Mid-tier gold producer focused on Canada, United States and Türkiye Focused on North American gold growth through projects in Canada (Mount Milligan, Kemess) and US (Goldfield), with exposure to copper and molybdenum ... and Centerra is trading at a discount to peers 0.7x P/NAV(1) vs. peer average at 1.1x P/NAV(1,2) Potential re-rate from asset-level value realization strategies and operational execution (1) Data based on broker estimates as of February 19, 2026. (2) Average excludes Centerra. Avg.(2): 1.1x Centerra Gold

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0 0 1.7 2.2 5.2 7.8 9.2 12.3 21.3 21.6 28.5 30.0 DPM Lundin Gold OceanaGold Wesdome Eldorado New Gold B2Gold SSR Alamos Centerra Equinox IAMGOLD $149 $286 $290 $311 $313 $323 $372 $681 $802 $1,143 $1,240 $1,929 Centerra B2Gold SSR Eldorado DPM Equinox IAMGOLD OceanaGold Alamos Wesdome New Gold Lundin Gold 2.2 7.8 9.7 12.0 19.8 22.1 23.4 24.7 25.9 31.4 36.4 44.3 Wesdome New Gold Lundin Gold OceanaGold SSR Centerra Alamos B2Gold DPM Eldorado IAMGOLD Equinox Attractive Resource-Based Valuation 6 Centerra’s Canadian and US mineral resource base(1,3) is among the largest of its peers, with an attractive valuation Centerra has global resources(1) of 22.6 Moz AuEq, of which 98% is in Canada and the US (1) Resources are calculated on a Moz AuEq basis using long-term consensus prices of $3,257/oz gold, $40.98/oz silver, $4.75/lb copper, $0.92/lb lead and $1.21/lb zinc. Centerra’s molybdenum resources are not included in these metrics. Resources include measured, indicated and inferred and are inclusive of reserves. (2) Data based on broker estimates as of February 19, 2026. (3) Tables are for comparative purposes only. For Centerra’s published mineralized resources and reserves, refer to SEDAR+ or Centerra’s website. Centerra has an attractive valuation compared to peers on an EV/global resource(1) basis STRONG RESOURCE BASE Global Resource(1,2) Moz AuEq ATTRACTIVE VALUATION EV/Global Resource (1,2) Moz AuEq TOP TIER JURISDICTIONS Canada & US Resources(1,2) Moz AuEq Centerra Centerra Centerra

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7 Executing on Centerra’s Strategic Plan (1) Non-GAAP financial measures ratio. Refer to the “Non-GAAP and Other FinancialMeasures” section of the Company’slatest MD&A. Generated over $640 million of free cash flow(1) since restarting operations in June 2023 Feasibility study shows strong economics by vertically integrating Thompson Creek and Langeloth with a “made in America” focus MOUNT MILLIGAN Restart of Thompson Creek mine and ramp-up of production at Langeloth US MOLY Current life of mine plan demonstrates steady gold production continuing through 2029 ÖKSÜT MINE Reinforces Mount Milligan as a long-term, low- cost contributor to Centerra’s production profile and cash flow generation in a top tier jurisdiction PFS confirms a 10-year mine life extension to 2045, supported by a phased, $186M growth capital plan, fully funded from available liquidity Life of Mine Optimization Study expected by the end of 2026 Process plant upgrades to deliver ~10% higher throughput in 2029 Thompson Creek first production expected in mid-2027 with ramp-up to full production at Langeloth Focused on maximizing the value for each asset in the portfolio

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8 Future Growth in Gold Greenfield and generative exploration in our priority jurisdictions of Canada, US and Türkiye KEMESS PROJECT Brownfield exploration focused on Mount Milligan and Kemess guided by encouraging results EXPLORATIONGOLDFIELD PROJECT PEA(2) highlights initial 15-year mine life; annual production of 171koz gold and 61M lbs copper; AISC(1) of $971/oz; Initial capital of $771M A strategic opportunity to build a second long-life gold-copper asset in British Columbia A PFS is expected in 2027 Strategic equity investments, including Thesis Gold and Silver and Liberty Gold, to complement internal exploration programs 2026 full year total exploration guidance of $40-50M Attractive economics with low execution risk in a top tier mining jurisdiction 7-year mine life; production of ~100kozs/year in peak years; AISC(1) of $1,392/oz Initial capital of $252M Goldfield first production expected by end of 2028 A strategic asset offering near-term gold production growth as Centerra advances its longer-life gold-copper growth pipeline Streamlined project execution through an integrated open pit and underground mining strategy Advancing a pipeline of organic gold growth opportunities in North America, which can be self-funded from existing liquidity and cash flow from operations (1) Non-GAAP financial measures ratio. Refer to the “Non-GAAP and Other FinancialMeasures” section of the Company’slatest MD&A. (2) The preliminary economic assessment (“PEA”) described throughout this presentation is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

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9 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 (1) Indicative values. For illustrative purposes only. (2) Represents non-sustaining initial capital expenditures only. Thompson Creek includes the remaining non-sustaining capital expenditures for the project (based on the mid-point of the updated total non-sustaining capital estimate ($425-450M), with $165M spent since the restart decision in September 2024 through December 31, 2025. Exploration Potential Exploration Potential 2026-2029 2030’s 2040’s Mount Milligan Öksüt Goldfield Kemess Molybdenum Business Unit Gold Production Future Potential: EndakoThompson Creek Incremental Production Potential Capex(2) $252M Capex(2) $272M Capex(2) $771M

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Self-Funded Organic Growth and Shareholder Returns 10 LIQUIDITY(1) SHAREHOLDER RETURNS ORGANIC GROWTH OPPORTUNITIES $529M Cash and Cash Equivalents $400M Credit Facility (undrawn) Steady Cash Flow From Operations Quarterly Dividend $94 Million invested in the share buybacks in 2025 Mount Milligan Expansion Goldfield Kemess Thompson Creek Centerra can fund organic growth initiatives and shareholder returns from existing liquidity 10(1) As at December 31, 2025. EQUITY INVESTMENTS Thesis Gold BC Liberty Gold ID/UT Kenorland Minerals Dryden Gold Headwater Gold Azimut Exploration Midland Exploration Metal Energy

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Upcoming Value Drivers 11 Mid-2027: Thompson Creek first production 2026-2028: Ramp-up of production at Langeloth MOLYBDENUM BUSINESS UNIT 2026: Ongoing exploration and advance technical study work 2027: Kemess Pre-feasibility Study KEMESS PROJECT 2026: Launch procurement and start construction early works End of 2028: Goldfield first production GOLDFIELD PROJECT 2026: Focus on execution at Mount Milligan to support stronger near-term operational performance 2029: Process plant expected to increase throughput by 10% and reach nameplate capacity of 66.3ktpd MOUNT MILLIGAN MINE ÖKSÜT MINE End of 2026: Life of mine optimization study evaluating the incremental production potential of residual leaching of the heap and the inclusion of low-grade oxide mineralization, outside of the current reserve pit, into the mine plan

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12 2026 Exploration Strategy Investing in exploration for future growth $21M 2018 $28M 2019 $39M 2020 $37M 2021 $51M 2022 $51M 2023 $40M 2024 $47M 2025 12 $40-50M 2026E $20-25M Brownfields Exploration Mount Milligan (British Columbia) • Drilling to upgrade upgrade the inferred resources between Goldmark and North Slope and to expand the resources at Saddle West and South Boundary areas • Exploration expenditures: $8 to $11 million Kemess (British Columbia) • 14 km of drilling is planned in 2026 with the focus expected to be on infill drilling to upgrade material at the Offset zone and to continue to test the western extension of the Kemess South deposit • Exploration expenditures are expected to be 15% of the total 2026 exploration expenditures Goldfield (Nevada) • Continue to explore the district for near surface oxide mineralization within the Goldfield district $20-25M Greenfield and Generative Exploration Programs Canada • British Columbia – JV projects QCM, Cauldron, Syndicate • Ontario – JV projects Flora, West Wabigoon United States • Nevada – Cirrus (Goldfield West) • Utah – JV project Jones Creek • Idaho – Oakley project, JV projects Lehman Butte, Crane Creek Türkiye • Öksüt target generation and SE of Öksüt mine, Sivritepe, Karatas • JV projects – Kiremitli, Ulu, Yaylasaray • Other projects – Ulu West, Kazankaya, Akgedik, Dikmen HISTORICAL EXPLORATION SPENDING $40-50M Expected 2026 Exploration Spending

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13 Equity Investments Build a portfolio of equity investments to complement internal exploration programs THESIS GOLD AND SILVER INC. (TSX-V: TAU) Equity investment for 9.9% of the outstanding shares(1) Thesis is advancing the Lawyers-Ranch project in the Toodoggone district of British Columbia Lawyers-Ranch Project: Mineral reserve with 76.16Mt of ore grading 0.97 g/t Au and 28 g/t Ag for 2.4 Moz Au and 69 Moz Ag contained (effective date of October 27, 2025). Thesis announced a Prefeasibility Study on the project in December 2025. Potential for regional synergies with Centerra’s nearby Kemess asset which could help unlock regional potential Additional Strategic Equity Investments Company Ticker Exploration Focus Kenorland Minerals TSX-V: KLD Quebec, Ontario Dryden Gold Corp. TSX-V: DRY Northwest Ontario Headwater Gold Inc. CSE: HWG Nevada, Idaho Azimut Exploration TSX-V: AZM Quebec Midland Exploration Inc. TSX-V: MD Quebec Metal Energy Corp. TSX-V: MERG British Columbia ADDITIONAL STRATEGIC EQUITY INVESTMENTS LIBERTY GOLD CORP . (TSX: LGD) Equity investment for 9.9% of the outstanding shares (2) Liberty is advancing two oxide gold projects in the Great Basin Black Pine, a past-producing, open pit, heap leach oxide gold mine in Idaho with an estimated reserve of approximately 3.1 Mozs and measured and indicated resource of approximately 4.2 Mozs according to the PFS published by Liberty Gold (effective date of June 1, 2024) Goldstrike in southwest Utah at the PEA stage (1) Initial equity investment in Thesis Gold and Silver Inc. for 9.9% of the outstanding shares made on April 28, 2025. (2) Initial equity investment in Liberty Gold Corp. for 9.9% of the outstanding shares made on September 30, 2025.

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Sustainability Highlights 14 Our Vision is to build a team-based culture of excellence that responsibly delivers sustainable value and growth SOCIAL ENVIRONMENTAL Centerra completed a climate resiliency plan outlining key climate physical and transitional risks and opportunities across all operations Mount Milligan implemented initiatives to improve mine water recycling to reduce freshwater intake volumes Achieved double-digit growth in local spend with First-Nations owned businesses between 2023 and 2025 Öksüt supports over 13,000 students through community initiatives in Develi with a focus on education, sports, environment and social development Remain in conformance of the World Gold Council’s RGMPs In 2025, Centerra surpassed 2026 targeted female representation on Centerra’s Board of Directors and among Officers of the Company, achieving 38% and 33%, respectively GOVERNANCE

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ASSET DETAILS Conventional open pit copper and gold mine; 60ktpd copper flotation plant Commercial production achieved in February 2014 PFS confirms 10-year mine life extension to 2045, supported by a phased, $186M growth capital plan, fully funded from available liquidity 2025 OPERATIONAL PERFORMANCE Production: 147,581 ounces gold and 50.5M lbs copper AISC(1) on a by-product basis: $1,194/oz 2026 GUIDANCE Production guidance: 140,000-155,000 ozs gold; 50-60M lbs copper AISC(1) on a by-product basis guidance: $1,200 – 1,300/oz RESERVES(2,3) AND RESOURCES(4,5) Proven & Probable Reserves: 4.3M oz gold and 1.7B lbs copper Measured & Indicated Resources: 6.3M oz gold and 2.4B lbs copper Inferred Resources: 334k oz gold and 50M lbs copper CATALYSTS 2026: Focus on execution at Mount Milligan to support stronger near -term operational performance 2029: Process plant expected to increase throughput by 10% to 66.3ktpd Ongoing: Investment in exploration drilling 15 Mount Milligan Mine | BC, Canada Central British Columbia, Canada 155km NW of Prince George 100% owned 35% gold stream, and 18.75% copper stream to Royal Gold 2045 MINE LIFE (Reserves only) (1) Non-GAAP financial measures ratios. Refer to the “Non-GAAP and Other Financial Measures” section of the Company’s latest MD&A. (2) CIM definitions were followed for the classification of Mineral Reserves. Refer to the QP statements at the end of this presentation. (3) Reserves and resources are as of December 31, 2025. (4) Mineral resources are inclusive of mineral reserves. Mineral resources do not have demonstrated economic viability. (5) Inferred mineral resources have a great amount of uncertainty as to their existences and as to whether they can be mined economically. It cannot be assumed that all or part of the inferred mineral resources will ever be upgraded to a higher category.

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16 Mount Milligan Life of Mine Extension PFS extends mine life at Mount Milligan by 10 years to 2045, delivering growth with a fully funded, disciplined $186 million growth capital plan POTENTIAL FUTURE MINE LIFE EXTENSIONS Strong exploration upside: Recent drilling confirms mineralization remains open to the west of the current resource pit. The planned second tailings facility provides the potential for future raises, which could add multiple decades of storage capacity beyond the 2045 LOM Mount Milligan remains a strategic cornerstone asset in Centerra’s portfolio, with 20 years of mine life, meaningful gold and copper production, strong cash generation, and significant opportunity for future exploration potential in a top tier mining jurisdiction PREFEASIBILITY STUDY (“PFS”) HIGHLIGHTS LOM extension by 10 years, to 2045, supported by an optimized mine plan: Average annual production from 2026-2042, of approximately 150K ozs of gold and 69M lbs of copper Disciplined, fully funded, low capital investment: $186M in non- sustaining capital(1) planned, most of which is not required until early-to-mid 2030s, all fully funded from available liquidity Robust economics: After-tax NPV5% is approximately $1.5 billion, at $2,600/oz gold price assumption(2), and increases to approximately $3.6 billion at spot commodity prices (3) (1) Non-GAAP financial measures ratios. Refer to the “Non-GAAP and Other Financial Measures” section of the Company’s latest MD&A. (2) Mount Milligan PFS economics based on long-term gold and copper price assumptions of $2,600/oz and $4.30/lb. Refer to the Mount Milligan PFS news release dated September 11, 2025 for details on price assumptions. (3) Spot commodity prices are assumed to be $4,500/oz gold and $6.00/lb copper.

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17 Mount Milligan PFS Summary(1) PFS LOM extension to 2045 is supported by an optimized mine plan, with a low growth capital investment NON-SUSTAINING CAPITAL EXPENDITURES(2)PRODUCTION PROFILE Average annual production from 2026-2042, of approximately 150K ozs of gold and 69M lbs of copper, followed by the processing of low- grade stockpiles from 2043-2045 Beginning in 2028, process plant throughput is expected to increase by 10%, to 66,300 tpd, by upgrading the ball mill motors. Flotation capacity is also expected to increase which should deliver a modest improvement in gold and copper recoveries by about 1% (1) Refer to the Mount Milligan Technical Report published October 21, 2025 and the new release published September 11, 2025 for more details. (2) Non-GAAP financial measures ratios. Refer to the “Non-GAAP and Other Financial Measures” section of the Company’s latest MD&A. (3) AISC on a by-product basis in 2030s due to higher copper credits in those years. Non-Sustaining Capital(2) Breakdown Total ($M) Tailings Storage Facility Expansion (expected in 2032-2033) 114 Process Plant Expansion (expected in 2028) 36 Fleet Additions 28 Site Infrastructure 7 Total Initial Non-Sustaining Capital(2) 186 0 313 625 938 1,250 1,563 1,875 2,188 2,500 0 25 50 75 100 125 150 175 200 2023A 2024A 2025E 2026E 2027E 2028E 2029E 2030E 2031E 2032E 2033E 2034E 2035E 2036E 2037E 2038E 2039E 2040E 2041E 2042E 2043E 2044E 2045E Cost ($/oz) Gold and Copper Production MOUNT MILLIGAN PFS PRODUCTION AND COST PROFILE(3) Gold Production (kozs) Copper Production (Mlbs) Gold Production Costs ($/oz) AISC on a by-product basis(2) ($/oz)

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18 2026 Exploration at Mount Milligan Exploration drilling program aimed at expanding the mineral resource base MOUNT MILLIGAN EXPLORATION PROGRAM Centerra plans to invest $8 – $11 million in exploration at Mount Milligan in 2026. 20% of Centerra’s total 2026 exploration expenditures have been allocated to drilling programs at Mount Milligan to upgrade the inferred resources between Goldmark and North Slope and to expand the resources at Saddle West and South Boundary areas. Previous drilling and modelling of the South Boundary area identified high-grade gold, low copper vein mineralization confirming that the zone represents a gold rich cap of an underlying porphyry deposit. Continued drilling within the area has the potential to identify a gold- copper mineralization northwest towards the Boundary zone area. In 2026, Centerra is expected to continue to explore the western extension of the Mount Milligan deposit and perform infill drilling to upgrade the inferred resources to the indicated category. Ongoing exploration continues to highlight the potential to further expand mineral resources and extend mine life beyond the updated 2025 PFS mine plan. 2026 Planned Drill Holes

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19 Mount Milligan Mineralization Cross Section Actively studying the longer-term potential at Mount Milligan to unlock additional value beyond 2035Mineralization remains open to the west of the current resource pit

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20 Öksüt Mine | Türkiye DETAILS ON OPERATION Open pit heap leach gold mine operation Commercial production achieved in May 2020 2025 OPERATIONAL PERFORMANCE Gold production: 127,734 ounces AISC(1) on a by-product basis: $1,613/oz 2026 GUIDANCE Gold production guidance: 110,000 – 125,000 ounces AISC(1) on a by-product basis guidance: $1,850 – 1,950/oz MINERAL RESERVES(2) Proven & Probable Reserves: 503k oz gold MINERAL RESOURCES(2,3,4) Measured & Indicated Resources: 530k oz gold CATALYSTS End of 2026: Life of Mine Optimization study to evaluate the incremental production potential of residual leaching of the heap and the inclusion of low- grade oxide mineralization, outside of the current reserve pit, into the mine plan Kayseri Province, Türkiye 295km SE of Ankara 100% owned 2029 MINE LIFE (Reserves only) Sliding scale NSR royalty to Turkish Government (1) Non-GAAP financial measures ratios. Refer to the “Non-GAAP and Other Financial Measures” section of the Company’s latest MD&A. (2) Reserves and resources are as of December 31, 2025. (3) Mineral resources are inclusive of mineral reserves. Mineral resources do not have demonstrated economic viability. (4) Inferred mineral resources have a great amount of uncertainty as to their existences and as to whether they can be mined economically. It cannot be assumed that all or part of the inferred mineral resources will ever be upgraded to a higher category.

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Kemess Project | BC, Canada North Central British Columbia, Canada 430km NW of Prince George Acquired in 2018 (1) Refer to the May 17, 2018, news release for additional details. (2) Resources are as of December 31, 2025. (3) Mineral resources do not have demonstrated economic viability. (4) Inferred mineral resources have a great amount of uncertainty as to their existences and as to whether they can be mined economically. It cannot be assumed that all or part of the inferred mineral resources will ever be upgraded to a higher category. (5) Non-GAAP financial measures ratios. Refer to the “Non-GAAP and Other Financial Measures” section of the Company’s latest MD&A. 100% owned 100% silver royalty with Triple Flag(1) PROJECT DETAILS PEA estimates an initial 15-year mine life with annual production of 171k ozs of gold and 61M lbs of copper, at an AISC on a by-product basis(5) of $971/oz The project is expected to have an after-tax NPV5% of $1.1B and IRR of 16%, using long-term pricing of $3,000/oz gold and $4.50/lb copper NPV5% increases to $2.8B at prices of $4,500/oz gold and $6.00/lb copper A strategic opportunity to build a second long-life gold-copper asset in BC, strengthening Centerra's presence in the Toodoggone Significant existing infrastructure already in place including: a power line; 50ktpd processing plant; site infrastructure; tailings storage using the previously mined pit and an existing facility (capable of expansion) RESOURCES(2,3,4) Indicated Resources: 3.3M oz gold and 1.1B lbs copper Inferred Resources: 3.6M oz gold and 1.2B lbs copper 2026 GUIDANCE Non-sustaining capital expenditures(1): $5M – $10M Project care & maintenance: $13M – $15M; Drilling costs: $5M – $7M; Technical Study costs: $17M – $23M CATALYSTS 2026: Ongoing exploration and advance technical study work 2027: Pre-Feasibility Study expected 21

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0 250 500 750 1000 1250 1500 1750 2000 0 25 50 75 100 125 150 175 200 2031 2032 2033 2034 2035 2036 2037 2038 2039 2040 2041 2042 2043 2044 2045 2046 Cost ($/oz) Gold and Copper Production Gold Production (kozs) Copper Production (Mlbs) Gold Production Costs ($/oz) AISC on a by-product basis(2) ($/oz) 22 Kemess Preliminary Economic Assessment Summary(1) STRONG PROJECT ECONOMICS Enhanced project attractiveness through leverage to higher metal price: The PEA mineral inventory provides Kemess with strong leverage to rising metal prices, with further upside potential as ongoing exploration advances resource growth and confidence. Potential to become Centerra’s second long-life gold-copper asset in British Columbia: Kemess is a high-quality growth project, capable of contributing meaningful gold and copper production in the Toodoggone, a prospective district. KEMESS EXPANDED MINERAL RESOURCE Expanded mineral resource enhances the project’s overall scale and supports long-term production potential Indicated mineral resource includes 244 million tonnes, with an average grade of 0.42 g/t gold and 0.21% copper, containing 3.3 million ounces of gold and 1.1 billion pounds of copper. Inferred mineral resource includes 300 million tonnes, with an average grade of 0.37 g/t gold and 0.19% copper, containing 3.6 million ounces of gold and 1.2 billion pounds copper. KEMESS PEA PRODUCTION AND COST PROFILE(4) Kemess PEA shows robust economics, including $1.1B after-tax NPV5% and 16% IRR based on $3,000/oz Au and $4.50/lb Cu price(1); At spot commodity prices(3) the after-tax NPV5% increases to $2.8B (1) Refer to the news release titled “Centerra Gold’s Kemess Preliminary Economic Assessment Highlights Strong Economics that Support the Company’s Long-Term Growth Pipeline”, published January 19, 2026. (2) Non -GAAP financial measure. Refer to the “Non-GAAP and Other Financial Measures” section of the Company’s latest MD&A. (3) Spot commodity price assumptions are $4,50 0/oz gold and $6.00/lb copper. (4) AISC on a by-product basis is presented net of copper and silver revenues, after reflecting the impact of the silver stream.

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23 Kemess Capital Investment Kemess has a lower execution risk resulting from existing infrastructure and a staged capital investment Site Infrastructure Processing Plant Kemess Truck Shop Initial Non-Sustaining Capital(1) Breakdown Total ($M) Open pit conveyor system 65 Open pit crusher 25 Process plant refurbishment 96 Kemess Main infrastructure 53 General site infrastructure 27 Tailings Facility (existing Kemess South pit) 9 Subtotal Infrastructure Directs 275 Indirects 110 Contingency 115 Subtotal Infrastructure 500 Capitalized open pit stripping 124 Capitalized pre-production G&A 101 Open pit fleet 7 Open pit conveyor tunnel development 39 Total Initial Non-Sustaining Capital(1,2) 771 STAGED CAPITAL INVESTMENT AT KEMESS Kemess’s capital profile is structured to reflect the project’s development sequence, with $771M in initial non-sustaining capital expenditures(1) required to achieve first production from the open pit. An additional $227M in expansionary non-sustaining capital expenditures(1) are estimated following open pit start-up to support commencement of underground operations. (1) Non-GAAP financial measure. Refer to the “Non-GAAP and Other Financial Measures” section of the Company’s latest MD&A. (2) Does not include lease payments of $40M which impact net cash flow. Camp Shops & Admin Process Plant

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24 An isometric view of the open pit and underground concept The Kemess PEA utilizes an integrated open pit and underground mining strategy, with ore from Kemess Main being conveyed to the infrastructure at Kemess South Kemess Operating Strategy KEMESS INTEGRATED MINING STRATEGY Streamlined project execution through integrated open pit and underground mining strategy: The Kemess PEA outlines a development approach in which open pit mining begins first, followed by the start of long-hole open stoping underground development and production. Approximately 2 years after the start of the open pit. Once underground production starts, both mining methods operate concurrently for the remainder of the projected 15-year mine life. The integrated mine plan helps streamline project execution, optimize plant feed, and utilize existing infrastructure, while maintaining the expected timeline to first production in late 2031. Permitting is well advanced, with some approvals in place from prior block cave project; amendments will be needed to align with the updated development plan. Consider changing to pan view Kemess South Tailings Storage Facility Kemess Main Open Pit PAG Waste Rock Storage Facility Kemess South / Tailings Storage Kemess Underground Planned Underground Conveyor RoutePlanned Surface Conveyor Route N

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25 Kemess Mineralization Cross Section The Kemess property benefits from significant exploration upside potential in the deep Kemess Offset zone and along the Kemess East trend

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26 Goldfield Project | Nevada, USA PROJECT DETAILS Life of mine is expected to be ~7 years with an average annual gold production of 100kozs for the peak years between 2029-2032, at an AISC(1) of $1,392 per ounce and an initial capital cost of $252M The project is expected to have an after-tax NPV5% of $245M and IRR of 30%, using an assumed long-term gold price of $2,500/oz and hedges on 50% of production in 2029 and 2030(6) STRATEGIC PLAN Near-term gold production growth Goldfield is a strategic asset as Centerra advances its longer-life gold-copper organic growth pipeline in British Columbia through Mount Milligan & Kemess RESERVES AND RESOURCES(3,4,5) Proven & Probable Reserves: 706K oz gold Measured & Indicated Resources: 794K oz gold Inferred Resources: 23K oz gold 2026 GUIDANCE Non-sustaining capital expenditures(1): $30M – $40M CATALYSTS 2026: Launch procurement and start construction early works End of 2028: Goldfield first production Esmeralda County, Nevada 30km south of Tonopah 100% Owned(2) Acquired in 2022 (1) Non-GAAP financial measure. Refer to the “Non-GAAP and Other Financial Measures” section of the Company’s latest MD&A. (2) Triple Flag Precious Metals holds a 3-5% NSR royalty on gold and 3% NSR royalty on other minerals at the Gemfield deposit. (3) Resources are as of December 31, 2025. (4) Mineral resources are inclusive of mineral reserves. Mineral resources do not have demonstrated economic viability. (5) Inferred mineral resources have a great amount of uncertainty as to their existences and as to whether they can be mined economically. It cannot be assumed that all or part of the inferred mineral resources will ever be upgraded to a higher category (6) Refer to the Goldfield news published August 6, 2025 for more detail.

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27 Goldfield Project Summary Proceeding with project development, which is expected to yield $245M after-tax NPV5% and 30% IRR based on $2,500/oz Au price(1,4); At spot gold prices(1,5) the after-tax NPV5% increases to $794M ATTRACTIVE ECONOMICS(5) Strong Gold Price Environment: Centerra has hedged 50% of gold production in 2029 and 2030 using zero cost collars (3) to lock in strong margins while maintaining exposure to rising gold prices for the life of mine Technical Project Optimizations: Hybrid crushing strategy improved average recoveries, from mid-60% to ~76%, resulting in a positive impact on project returns Initial Non-Sustaining Capital(2) Breakdown Total ($M) Mine 10 Crushing 22 Processing 34 Power Supply and Electrical 26 Heap Leach 17 Site General 27 Subtotal 136 Indirects 40 Contingency 35 Pre-Production Stripping and Other Costs 41 Total Initial Non-Sustaining Capital(2) 252 GOLDFIELD PROJECT DETAILS(4) Near-Term Gold Production Growth: Mine life of ~7 years, average annual production of 100kozs in peak years (2029-2032), AISC(2) of $1,392/oz Low Execution Risk: Conventional open-pit, heap leach project in Nevada, a top tier mining jurisdiction. Low execution risk given the relatively simple flowsheet Initial Capital Cost: $252 million GOLDFIELD PRODUCTION PROFILE (1) Economics include the impact of gold hedges on 50% of production in 2029 and 2030. (2) Non-GAAP financial measure. Refer to the “Non-GAAP and Other Financial Measures” section of the Company’s latest MD&A. (3) Gold hedges have a gold price floor of $3,200/oz and an average gold price cap of $4,435/oz in 2029 and $4,705/oz in 2030. (4) Refer to the news release titled “Centerra Gold Announces Attractive Economics on the Goldfield Project; Proceeding with Project Development and Construction Activities”, published August 6, 2025. (5) Spot gold price assumptions are $4,500/oz. 22 114 120 106 90 47 29 6 $- $400 $800 $1,200 $1,600 $2,000 0 20 40 60 80 100 120 140 2028 2029 2030 2031 2032 2033 2034 2035 Gold Production (koz) Production Cost ($/oz) AISC ($/oz) (2)

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28 Goldfield Project Infrastructure Major construction is expected to advance in 2027, with approximately 85% of the initial capital forecast to be evenly weighted across 2027 and 2028. First production is expected by the end of 2028 N Town of Goldfield Beatty (67 mi) Tonopah (27 mi) Klondike Wellfield (10 mi) Open Pits Waste Rock DumpMcMahon Ridge Pit Jupiter Pit Current Plan of Operations Goldfield Main Pit Gemfield Waste Rock Dump / Stockpiles Gemfield Pit Heap Leach US-95 Highway Site Infrastructure Area ADR & Ponds GOLDFIELD PROPERTY Four mineralized zones have been outlined as part of the mine plan from which Centerra is targeting oxide and transition material Gemfield Jupiter McMahon Ridge Goldfield Main Production will come from the four open pits on the property, of which the Gemfield pit is approximately 80% of total life of mine production. First production is expected by the end of 2028.

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THOMPSON CREEK MINE Located in Idaho, among the largest open-pit primary moly mines in the world Has an existing open pit, on-site mill, established site facilities and equipment fleet Feasibility Study economics to restart operations: NPV8% of $185M and IRR 15% 2026 Thompson Creek guidance: • Non-sustaining capital expenditures(1): $190M – $220M LANGELOTH METALLURGICAL FACILITY Located 40km west of Pittsburgh, Pennsylvania Purchases molybdenum concentrate from third parties, refines into, and sells finished molybdenum products ENDAKO MINE Located in British Columbia, placed on care and maintenance in July 2015 3 adjoining pits and a fully-integrated operation with on-site mill 2026 care and maintenance guidance: $6M - $8M 2026 reclamation expenditures guidance: $1M - $2M Expected to remain in C&M while Centerra focuses on the Thompson Creek restart STRATEGIC PLAN US Moly integrated economics(3) (Thompson Creek + Langeloth): NPV8% of $472M and IRR 22% Restart Thompson Creek mine (first production mid-2027) and ramp-up production at Langeloth 29 Molybdenum Business Unit THOMPSON CREEK MINE 100% owned ENDAKO MINE 75% owned 25% owned by Moon River(2) LANGELOTH METALLURGICAL FACILITY 100% owned (1) Non-GAAP financial measures ratios. Refer to the “Non-GAAP and Other Financial Measures” section of the Company’s latest MD&A. (2) Moon River Moly Ltd. acquired a 25% stake in Endako in May 2024 (News Release). (3) Integrated economics for US Moly were calculated as at September 12, 2024. Refer to the news release titled “Centerra Gold Announces Thompson Creek Feasibility Study Results and Strategic Plan for US Molybdenum Operations, Including a Restart of the Thompson Creek Mine and Ramp-up of Langeloth”, published September 12, 2024 (LINK) and the Technical Report on the Thompson Creek Mine, published September 27, 2024 (LINK). US Moly

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THOMPSON CREEK FEASIBILITY STUDY(5) Initial mine life of 12 years with expected average molybdenum production of approximately 13M pounds per year Updated capital investment of $425 - $450 million which is largely de-risked Capital investment over three years from September 2024 through mid-2027 to restart operations; First production expected mid-2027 Thompson Creek – a primary molybdenum mine – produces high quality concentrate compared to by-product mines 30 US Moly Operations Strategy Unlock significant value through the restart of Thompson Creek Mine and a ramp-up of production at Langeloth. Combined value of $472M after-tax NPV8% and 22% IRR based on $20/lb Mo price(5) ROBUST INTEGRATED ECONOMICS(2,5) Strong economics due to synergies with the high-quality concentrate blend that could be achieved when Thompson Creek is vertically integrated with Langeloth At full capacity, integrated with Thompson Creek, Langeloth is positioned to operate at a scale that can meaningfully enhance EBITDA (1) US Moly(3) (Thompson Creek + Langeloth) Thompson Creek Only(4) Langeloth Only NPV8% $472M $185M $258M IRR 22% 15% n.m. (1) Non-GAAP financial measure. Refer to the “Non-GAAP and Other Financial Measures” section of the Company’s latest MD&A. (2) Economics are based on an assumed flat $20/lb molybdenum price. (3) US Moly includes additional $29M of unattributed tax synergies. (4) The economic assessment for Thompso n Creek in the FS has been prepared on a stand-alone basis and does not include integration with Langeloth. The economics for integrating Thompson Creek and Langeloth are extrapolated from the Thompson Creek feasibility study. NOTE: “n.m.” stands for not meaningful. (5) Refer to the news release titled “Centerra Gold Announces Thompson Creek Feasibility Study Results and Strategic Plan for US Molybdenum Operations, Including a Restart of th e Thompson Creek Mine and Ramp-up of Langeloth”, published September 12, 2024 (LINK) and the Technical Report on the Thompson Creek Mine, published September 27, 2024 ( LINK). LANGELOTH COMMERCIAL OPTIMIZATION PLAN Ramp-up of capacity utilization at Langeloth by 2028, which aligns with Thompson Creek’s first full year of production Synergies and margin improvement expected from: (1) Increased capacity utilization at Langeloth to leverage fixed costs; (2) Improved blending flexibility; (3) More higher margin molybdenum products enabled by the high-quality feed from Thompson Creek Roaster facility dampens the volatility in the molybdenum price

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Thompson Creek Restart Highlights Thompson Creek restart activities on track for first production in mid-2027 THOMPSON CREEK RESTART HIGHLIGHTS Progress on Capital Expenditures 2025 Non-sustaining capital expenditures(1): $134.2 million Total non-sustaining capital expenditures(1) since the restart decision in September 2024: $165.2 million By the end of 2025, 27% of the infrastructure refurbishment has been completed Updated Total Capital Cost Estimate Centerra increased the project’s total capital estimate by ~5-10% to between $425 and $450 million reflecting modest inflationary impacts, additional maintenance requirements for certain mining equipment and refinements to the mine plan 2026 Guidance 2026 non-sustaining capital expenditures(1): $190-220 million The project remains on track, with first production expected in mid-2027 Project Activities In Q4 2025, mining activities focused on stripping in the Union Gap area and western side of the pit Plant refurbishment, detailed engineering, long lead procurement activities, demolition work, and housing development continued as planned (1) Non-GAAP financial measures ratios. Refer to the “Non-GAAP and Other Financial Measures” section of the Company’s latest MD&A. 31

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32 Metallurgical Facilities Market Langeloth is a strategic asset given its proximity to North American steel manufacturers LANGELOTH IS A UNIQUE AND STRATEGIC ASSET Given proximity to North American steel manufacturers, the business is important for the area Part of “made in America” story for re-onshoring steelmaking in the United States Over 100 years of operating experience, with flexible and agile operations, strong foundation and significant value as a merchant conversion business or an integrated converter (fully permitted; excellent environmental performance; insignificant closure costs) Strong leadership and people: The team at Langeloth has a wealth of experience in molybdenum conversion operations and a strong commercial network Opportunity for vertical integration with Thompson Creek: Processing Thompson Creek molybdenum concentrate allows for increased capacity utilization at Langeloth to leverage fixed costs De-risks concentrate sourcing, and provides greater operational and commercial flexibility via blending Ferromolybdenum Sulphuric Acid Plant

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36.6 37.2 23.5 18.4 18.6 17.0 16.1 14.0 10.3 13.5 11.4 10.2 14.2 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026E Mlbs 33 Langeloth Value Drivers: Capacity Utilization Actively studying the longer-term potential at Mount Milligan to unlock additional value beyond 2035Demonstrated ability to increase molybdenum roasting capacity in a straightforward manner Additional 3rd party concentrate 12-15Mlbs of Thompson Creek concentrate Continuing to process 3rd party concentrate 2028E and beyond PATH TO INCREASING CAPACITY UTILIZATION Slightly below breakeven capacity Full capacity ~40 Mlbs Endako on C&M July 2015 Processing 3rd party concentrate Potential additional 3rd party concentrate 12-15Mlbs of Thompson Creek concentrate Continuing to process 3rd party concentrate Thompson Creek on C&M Dec 2014 NOTE: C&M stands for “care and maintenance”. HISTORICAL PRODUCTION VOLUME AT LANGELOTH

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APPENDIX

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-50% 0% 50% 100% 150% 200% 250% Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Price Return (%) SHARE PRICE PERFORMANCE Centerra Peer Average S&P/TSX Global Gold Capital Markets Information 35 Capital Structure(1) Top Shareholders(2) Analyst Coverage Source: S&P Capital IQ Common shares: 200,093,489 Options: 2,148,451 RSUs: 783,021 BlackRock: 7.5% Donald Smith & Company: 7.0% Dimensional Fund Advisors: 6.2% (1) As at February 19, 2026. (2) As at December 31, 2025. Bank of America BMO Capital Markets Canaccord Genuity CIBC World Markets Cormark Securities Desjardins Capital Markets Global Mining Research National Bank Financial Raymond James RBC Capital Markets Scotiabank TD Securities

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Leadership Team 36 Paul Tomory President and Chief Executive Officer Joined Centerra in May 2023. 25+ years of experience in mining, engineering, and construction. Previously, he was Executive VP and Chief Technical Officer at Kinross Gold Corporation, where he worked for over 14 years in a series of progressive technical roles. David Hendriks Executive Vice President and Chief Operating Officer Joined Centerra in April 2025. Mining engineer with 30+ years of experience. Previously, David was the Senior Vice President of Nicaraguan Operations at Calibre Mining and has held senior leadership positions at Kinross Gold Corporation. Ryan Snyder Executive Vice President and Chief Financial Officer Joined Centerra in 2022 as Vice President, Finance, and was appointed EVP and CFO in April 2024. 15+ years of experience in financial management in the mining industry. Previously, Ryan was CFO of Electra Battery Materials and Primero Mining and held key financial roles at resource companies. Claudia D’Orazio Executive Vice President, People, Technology and Supply Chain Joined Centerra in February 2020. 30+ years of experience as a Senior Executive and has an extensive background in human resources, risk management, internal audit, information technology, supply chain management, integrations, treasury and finance. Previously, she held various executive roles at Pembina Pipeline Corporation from 2006 to 2020. Yousef Rehman Executive Vice President, Legal and Public Affairs Joined Centerra in 2013 as Senior Legal Counsel. Promoted to Vice President and General Counsel, later EVP & General Counsel, in 2018. Responsible for management of Centerra’s legal affairs. 15+ years of legal experience, principally in the mining industry. Hélène Timpano Executive Vice President, Strategy and Corporate Development Joined Centerra in May 2023. An experienced mining executive and former management consultant with a multinational background. Led operations strategy at Kinross Gold Corporation, holding various executive roles. Luke Jalsevac Executive Vice President, Major Projects Joined Centerra in September 2024. Experienced mining executive with extensive experience leading large capital projects at all stages of development from initial studies to final execution. Previously, Luke held various senior projects and executive roles at Kinross Gold.

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Nancy Lipson Director Has been a director since May 2025. Chair of the Nominating and Corporate Governance Committee and a member of the Human Resources and Compensation Committee. Board of Directors 37 Michael S. Parrett Director Has been a director of since May 2014. Served as Chair from October 2019 to December 2025. A member of the Audit Committee and the Human Resources and Compensation Committee. Paul Tomory President and Chief Executive Officer Has been Centerra’s President & CEO and director since May 1, 2023. Paul N. Wright Chair and Director Has been a director of Centerra since May 2020. Appointed Chair in January 2026. Chair of the Technical and Corporate Responsibility Committee. Wendy Kei Director Has been a director since May 2022. Chair of the Audit Committee and a member of the Nominating and Corporate Governance Committee. Jacques Perron Director Has been a director since October 2016. Chair of the Human Resources and Compensation Committee and a member of the Technical and Corporate Responsibility Committee. Karen David-Green Director Has been a director since May 2025. A member of the Audit Committee as well as the Technical and Corporate Responsibility Committee. Craig MacDougall Director Has been a director since May 2024. A member of the Audit Committee as well as the Nominating and Corporate Governance Committee and the Technical and Corporate Responsibility Committee.

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Gold and Copper Payments Received from Royal Gold(3) Delivery Threshold (after January 1, 2024) Approximate Period(4) Gold Payments Received from Royal Gold Copper Payments Received from Royal Gold Until either 375 Kozs of gold or 30 Kt of copper have been delivered to Royal Gold (“First Threshold”) 2024 – 2029 $435/oz 15% of spot copper price After First Threshold until 665 Kozs of gold has been delivered. After First Threshold until 60 Kt of copper has been delivered 2030 – 2035 Lower of $850/oz and 50% of spot gold price 50% of spot copper price After 665 Koz of gold has been delivered. After 60 Kt of copper has been delivered 2036+ Lower of $1,050/oz and 66% of spot gold price 66% of spot copper price 38 Highlights of Additional Royal Gold Agreement(1) Additional agreement with Royal Gold unlocks incremental mineral reserves & resources at Mount Milligan TRANSACTION HIGHLIGHTS Centerra will receive increased cash payments for Mount Milligan gold and copper delivered to Royal Gold (2) Provides support for Mount Milligan to elect to receive additional payments from Royal Gold prior to the first delivery threshold in a low commodity price environment(5) As part of the additional agreement, Centerra has agreed to make certain payments and deliveries to Royal Gold: Upfront cash payment of $24.5 million Deliver an aggregate of 50,000 ounces of gold, of which 33,333 ounces are expected to be delivered by Centerra in relation to the sale of its 50% interest in the Greenstone Gold Mines Partnership, with the balance delivered in quarterly installments equally over a 5-year period, with first delivery to occur by June 30, 2030 Starting in approximately 2030, Centerra will make payments equal to 5% of Mount Milligan’s annual free cash flow, which will double, for a total of 10% per year, starting in approximately 2036(1) (1) Refer to the February 14, 2024 news release and the full agreement filed on www.sedarplus.ca for additional details on the additional Royal Gold agreement. (2) The percentage of gold and copper production streamed to Royal Gold remains unchanged at 35% gold and 18.75% copper. (3) Gold and copper payments are totals, inclusive of amounts due under existing stream agreement. (4) Approximate year estimates are based on PFS production profile. (5) In this period, Centerra can elect to receive additional payments, if gold price is at or below $1,600/oz and copper is at or below $3.50/lb, such that the total payments for gold increase to the lesser of $850/oz and 66% of spot; and the total payments for copper increase to 50% of spot price, inclusive of existing stream agreement. These payments are repayable under certain conditions.

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Molybdenum: What Is It, How Is It Used? 39 Molybdenum (Mo) is mainly a by-product of copper mining, with primary molybdenum mines like Centerra’s Thompson Creek mine yielding high-grade concentrate Concentrates are blended to meet metallurgical or chemical grade specifications and roasted Can be further processed into value-added products like briquettes, ferromolybdenum, and pure molybdenum oxide that command a higher premium Around 648 million pounds of new molybdenum was used in 2024, with the most used in engineered steels (39%) and stainless steels (25%)(1) Technical Oxide Ferromolybdenum Chemical Grade Specialty Products Similar steel performance benefits to technical oxide Has a premium and higher contribution margin than technical oxide Can be used for any molybdenum-containing steel; preferred due to lower losses in steelmaking, even when accounting for premium pricing Used in catalysts, lubricants, pigments, corrosion inhibitors, etc. Has rigorous and high-purity specification requirements Supplied largely by concentrates from primary molybdenum mines due to requirements for high purity In general, chemical grade products command a premium and have a higher contribution margin Used in the production of engineered and stainless steels Currently the most common form of molybdenum, used in steel making Adds strength properties to steel; corrosion resistant; used in high-performance applications Metallurgical Grade (1) International Molybdenum Association, First use of new molybdenum, 2024.

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40 Molybdenum Demand: Steadily Growing (1) Third party commodity research reports. (2) International Molybdenum Association (IMOA) defines new molybdenum as being from mine production only and does not include recycled material and material recovered from spent catalysts (3) World Bank Group’s publication entitled “Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition”. (4) The Canadian Critical Minerals Strategy. (5) Under the renewable energy roadmap scenario from the International Renewable Energy Agency. Forecasted steady demand growth of 2% per year on par with historical demand growth from 1995-2023(1) DEMAND FOR MOLYBDENUM IN STEEL IS GROWING Molybdenum is primarily used in production of engineered and stainless steel(1) Adds strength properties to steel; corrosion resistant; used in high-performance applications Global demand for new(2) molybdenum is expected to reach ~757Mlb by 2030(1) Renewal of Europe’s oil and gas infrastructure to drive demand Increasing molybdenum intensity per tonne to further support demand Global steel and chemical producers seek molybdenum from roasters that fulfill their demand for specifications, quality, and reliability MOLYBDENUM IS A CRITICAL COMPONENT FOR GREEN ENERGY Molybdenum is a strategic mineral, and designated as critical in several countries(4) Future demand growth in energy transition(4) • Critical component of key energy transition technologies, especially wind turbines, geothermal, hydrogen, but also nuclear, hydro, and solar photovoltaic • Enhanced corrosion resistance and high- temperature stability make moly-reinforced steels ideal for energy transition projects The World Bank names molybdenum as one of the cross-cutting minerals along with copper and estimates a 119% growth through 2050 from green technologies(5) MINERALS WITH RELEVANT LOW-CARBON TECHNOLOGIES(3) Wind Solar photovoltaic Concentrated solar power Hydro Geothermal Energy Storage Nuclear Coal Gas Carbon capture and storage Copper Nickel Molybdenum Chromium Manganese Aluminum Lead Titanium Zinc Cobalt Silver Vanadium Indium Iron Graphite Lithium Neodymium

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41 Molybdenum Supply: Potential Challenges Ahead Thompson Creek is one of three primary molybdenum mines in the world, outside of China High-quality molybdenum concentrate is scarce, creating a unique opportunity for Thompson Creek Molybdenum supply is principally produced as a by-product from certain copper mines Molybdenum by-product production from existing copper mines, particularly in South America, has decreased in part due to investment challenges Cost of bringing on such mines is significant, leading to delays and deferrals As a result, molybdenum supply has been constrained Only three primary (non-by-product) molybdenum mines outside of China Thompson Creek is expected to begin production in H2 2027 Thompson Creek has the lowest expected project development costs of new primary molybdenum supply ($425 - 450M versus more than $800M for other projects (2)) Brownfield re-start at Thompson Creek de-risks capital investment Thompson Creek is a unique opportunity for Centerra to have a captive source of high-quality feed, which is becoming increasingly scarce and competitive to source (1) Third party commodity research reports. (2) The other projects include: Malmbjerg Molybdenum Project (owned by Greenland Resources), Kitsault Molybdenum Mine (owned by New Moly), Shapinggou Molybdenum Mine (majority-owned by Zijin Mining). Thompson Creek is forecasted to one of the near-term primary molybdenum mines to start production(1)

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10 15 20 25 30 35 40 Jan-23 Apr-23 Jul-23 Oct-23 Jan-24 Apr-24 Jul-24 Oct-24 Jan-25 Apr-25 Jul-25 Oct-25 Jan-26 42 Molybdenum Price: Strong Fundamentals (1) Third party commodity research reports. (2) Platts daily average price for molybdenum oxide (US$/lb). Centerra’s molybdenum price forecast of $20/lb is supported by: (1) persistent forecasted supply deficit(1) and (2) sustained robust commodity price performance HISTORICAL MOLYBDENUM PRICE(2) Sustained robust commodity price performance supports Centerra’s Mo price assumptions of $20/lb $20/lb Mo price assumption Average Mo Prices ($/lb) 2026 YTD: 24.44 2-YR AVG: 21.98 3-YR AVG: 22.36

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43 Langeloth Commercial Model Langeloth dampens the volatility in the molybdenum market and remains profitable at lower Mo prices REVIEW OF COMMERCIAL MODEL AT LANGELOTH Source concentrate (third-party offtake plus Thompson Creek supply), process concentrate at Langeloth roasting facility and sell upgraded product to customers Price protection: Extract a spread on the molybdenum price. Langeloth maintains profitability even at lower molybdenum prices. Mo market price regulated by LME Platts Working capital requirements fluctuate with the Mo market price due to purchases of third-party concentrate Price established through Quotational Period (1) (“QP”) mechanisms, which determine the month in which the price paid for concentrate purchases and price received for product sales is finalized Quotational period contract mechanism ILLUSTRATIVE January February March April Concentrate Purchases @ QP = M+2 Concentrate price finalization Sales price finalization Molybdenum product sale @ QP = M-1 Blending and Roasting at Langeloth (1) The “quotational period” (QP) is the period during which the metal prices are established for payment. QP is stipulated i n each contract; generally, it is defined as ‘calendar month prior to shipment’, ‘first month following delivery’, ‘second month following delivery’. QP may vary from calendar month prior, to shipment, to first or second calendar month following date of delivery. This impacts the timing at which payment is made as well as the price paid/received. Aligning supplier and customer QP allows to reduce market price exposure and risk of volatile market prices. Langeloth pricing mechanism ILLUSTRATIVE Moly market price Discount -$$ LMC concentrate procurement price Processing cost (passed to customer) Premium +$$ LMC Moly product sales price Spread QP matching

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2026 Production & Cost Guidance 44 2026 Production Guidance (Koz) 2025 2026 Guidance Consolidated Gold Production 275 250 – 280 Mount Milligan(1,2,3) 148 140 – 155 Öksüt 128 110 – 125 Total Copper Production(1,2,3) (Mlb) 50 50 – 60 2026 Cost Guidance(4) ($/oz) 2025 2026 Guidance Consolidated Gold Production Costs 1,297 1,500 – 1,600 Mount Milligan(1) 1,388 1,450 – 1,550 Öksüt 1,199 1,650 – 1,750 All-in Sustaining Cost on a by-product basisNG(2,3) 1,614 1,650 – 1,750 Mount Milligan 1,194 1,200 – 1,300 Öksüt 1,613 1,850 – 1,950 (1) The Mount Milligan Mine is subject to an arrangement with RGLD Gold AG and Royal Gold Inc. (together, “Royal Gold”) which entitles Royal Gold to purchase 35% and 18.75% of gold and copper produced, respectively, and requires Royal Gold to pay $435 per ounce of gold and 15% of the spot price per metric tonne of copper delivered (“Mount Milligan Mine Streaming Agreement”). Using assumed market prices of $4,500 per ounce of gold and $5.00 per pound of copper for 2026, the Mount Milligan Mine’s average realized gold and copper price for 2026 would be $3,077 per ounce and $4.20 per pound, respectively, compared to average realized prices of $2,608 per ounce and $3.96 per pound in 2025, when factoring in the Mount Milligan Streaming Agreement and concentrate refining and treatment costs. (2) Gold production for 2026 at the Mount Milligan Mine assumes estimated recoveries of 60% to 62% and compares to actual gold recovery of 60.3% achieved in 2025. Copper production for 2025 assumes recovery 75% to 77% for copper and compares to actual copper recovery of 75.8% achieved in 2025. (3) Unit costs include a credit for forecasted copper sales treated as by-product for all-in sustaining costs. Production for copper and gold reflects estimated metallurgical losses resulting from handling of the concentrate and metal deductions levied by smelters (4) Units noted as ($/oz) relate to gold ounces.

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2026 Capital Expenditures and Other Guidance 45 2026 Capital Expenditures Guidance ($M) 2025 2026 Guidance Consolidated Additions to PP&E 295.5(2) 360 – 435 Mount Milligan 85.6 115 – 135 Öksüt 51.8 5 – 15 Goldfield – 30 – 40 Kemess 0.8 5 – 10 Thompson Creek 156.1 205 – 235 Consolidated Sustaining Capital Expenditures(1) 103.6 85 – 105 Mount Milligan 63.6 80 – 90 Öksüt 38.3 5 – 15 Non-sustaining Capital Expenditures(1) 151.6 260 - 315 Mount Milligan 16.4 35 – 45 Goldfield – 30 – 40 Kemess 0.8 5 – 10 Thompson Creek 134.2 190 – 220 (1) Non-GAAP financial measures. See the “Non-GAAP and Other Financial Measures” section of the Company’s latest MD&A. (2) Includes PP&E of $1.2M in the year ended December 31, 2025, classified as “Other”, and are considered sustaining capital expenditures. (3) Includes Langeloth full year 2025 DD&A of $4.5M. 2026 Other Guidance ($M) 2025 2026 Guidance Consolidated DD&A 112.2(3) 90 – 110 Mount Milligan 59.2 40 – 50 Öksüt 48.5 50 – 60 Consolidated Income Tax & BC mineral tax paid 98.8 111 – 133 Mount Milligan 5.4 6 – 8 Öksüt 93.4 105 – 125

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2026 Exploration and Other Guidance 46 Global Exploration Costs ($M) 2025 2026 Guidance Total Exploration Costs(3) 46.6 40 – 50 Brownfield Exploration(3) 27.6 20 – 25 Greenfield and Generative Exploration 19.0 20 – 25 Other Costs ($M) 2025 2026 Guidance Kemess Project Care & Maintenance 13.3 13 – 15 Corporate Administration Costs(4) 31.5 29 – 33 Molybdenum Business Unit (“MBU”) ($M) 2025 2026 Guidance Langeloth – Total molybdenum roasted (Mlbs)(2) 14.2 To be announced Langeloth – Earnings (loss) from operations (0.6) To be announced Langeloth – Adjusted EBITDA(1) 6.3 To be announced Endako Mine – Care and Maintenance Expenses 5.2 6 – 8 (1) Non-GAAP financial measures. See the “Non-GAAP and Other Financial Measures” section of the Company’s latest MD&A. (2) Amount does not include 4.3 million pounds for the twelve months ended December 31, 2025. (3) Total and brownfield exploration costs include capitalized exploration costs at the Mount Milligan Mine of $7.6 million spent in 2025, and $4 to $6 million projected for the full year of 2026. (4) Corporate and administration costs do not include stock-based compensation and corporate depreciation.

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Consolidated Financial & Operating Highlights 47 Financial Highlights ($M, except as noted) Q4 2025 2025 2024 2023 Revenue 401.6 1,384.6 1,214.5 1,094.9 Production costs 211.4 808.5 710.3 706.0 Gold production costs ($/oz) 1,259 1,297 913 733 All-in sustaining costs on a by-product basis(1) ($/oz) 1,646 1,614 1,148 1,013 Earnings from mine operations 164.6 463.8 378.0 264.0 Adjusted net earnings (loss) (1) 83.2 228.6 152.9 10.5 Adjusted net earnings (loss) per common share (1,2) 0.41 1.12 0.72 0.05 Free cash flow(1) 12.0 95.0 138.6 160.2 Sustaining capital expenditures(1) 34.1 103.6 101.6 83.5 Non-sustaining capital expenditures(1) 61.9 151.6 58.5 4.8 (1) Non-GAAP financial measure. All per unit costs metrics are expressed on a metal sold basis. See discussion under “Non -GAAP and Other Financial Measure”. (2) As at December 31, 2025, the Company had 199,806,355 common shares issued and outstanding. (3) This supplementary financial measure within the meaning of National Instrument 52 -112 - Non-GAAP and Other Financial Measures Disclosure (“NI 51-112”) is calculated as a ratio of revenue from the consolidated financial statements and units of metal sold and includes the impact from the Mount Milligan Streaming Agreement (defined below), copper hedges and ma rk-to-market adjustments on metal sold not yet finally settled. Under the Mount Milligan Streaming Agreement, the Company purchases refined gold and copper warrants and arranges for their delivery to Royal Gold and Royal Gold is entitled to 35% of gold ounces sold and 18.75% of copper pounds sold. Royal Gold paid $435 per ounce of gold delivered and 15% of the spot price per tonne of copper delivered in the periods presented. Operating Highlights Q4 2025 2025 2024 2023 Gold produced (oz) 70,853 275,316 368,104 350,317 Gold sold (oz) 68,143 271,210 368,183 348,399 Average realized gold price ($/oz)(3) 3,415 2,994 2,078 1,718 Copper produced (000s lbs) 13,038 50,476 54,342 61,862 Copper sold (000s lbs) 12,541 50,029 57,897 60,109 Average realized copper price ($/lb)(3) 4.69 3.96 3.25 3.01 Molybdenum purchased (000s lbs) 4,943 17,380 10,306 12,322 Molybdenum sold (000s lbs) 3,607 14,048 10,912 11,235 Average realized molybdenum price ($/lb)(3) 23.78 22.60 22.05 25.39

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Mount Milligan Financial & Operating Highlights 48 Financial Highlights ($M, except as noted) Q4 2025 2025 2024 2023 Gold revenue 117.4 367.0 299.8 218.2 Total revenue 182.2 581.5 495.8 407.3 Production costs 75.0 300.8 306.3 303.4 Gold production costs ($/oz) 1,306 1,388 1,105 1,088 All-in sustaining costs on a by-product basis(1,3) ($/oz) 913 1,194 1,078 1,156 Earnings from mine operations 94.5 222.7 116.7 27.4 Free cash flow from mine operations(1) 53.6 168.4 118.6 72.7 Sustaining capital expenditures(1) 20.1 63.6 54.0 44.0 Non-sustaining capital expenditures(1) 11.0 16.4 - - (1) Non-GAAP financial measure. All per unit costs metrics are expressed on a metal sold basis. See discussion under “Non -GAAP and Other Financial Measure”. (2) Mount Milligan production and sales are presented on a 100% -basis. Under the Mount Milligan Streaming Agreement, Royal Gold is entitled to 35% of gold ounces sold and 18.75% of copper pounds sold. Royal Gold paid $435 per ounce of gold delivered and 15% of the spot price per metric tonne of copper delivered in the periods presented. (3) Includes the impact from the Mount Milligan Streaming Agreement and the impact of copper hedges. Operating Highlights Q4 2025 2025 2024 2023 Tonnes mined (000s) 11,134 46,857 46,070 50,015 Tonnes ore mined (000s) 5,637 22,761 21,929 21,278 Tonnes ore processed (000s) 5,334 20,665 21,463 21,680 Process plant head grade gold (g/t) 0.44 0.38 0.40 0.36 Process plant head grade copper (%) 0.16% 0.16% 0.16% 0.18% Gold recovery (%) 59.0% 60.3% 62.8% 64.0% Copper recovery (%) 73.5% 75.8% 74.8% 77.6% Gold produced(2) / Gold sold(2) (oz) 44,105 / 38,264 147,581 / 140,720 167,579 / 170,389 154,391 / 152,460 Copper produced(2) / Copper sold(2) (000s lbs) 13,038 / 12,541 50,476 / 50,029 54,342 / 57,897 61,862 / 60,109

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Öksüt Financial & Operating Highlights 49 Financial Highlights ($M, except as noted) Q4 2025 2025 2024 2023 Revenue 115.3 445.0 465.7 380.9 Production costs(1) 35.8 156.5 148.0 89.6 Gold production costs ($/oz) 1,199 1,199 748 457 All-in sustaining costs on a by-product basis(2) ($/oz) 1,748 1,613 1,015 675 Earnings from mine operations 67.7 240.0 267.7 247.2 Free cash flow from mine operations(2) 43.9 191.0 206.5 238.2 Sustaining capital expenditures(2) 13.2 38.3 41.9 36.9 (1) Includes government royalties of $17.2 million and $56.9 million during three and twelve months ended December 31, 2025, respectively and $46.4 million during twelve months ended December 31, 2024. (2) Non-GAAP financial measure. All per unit costs metrics are expressed on a metal sold basis. See discussion under “Non -GAAP and Other Financial Measure”. Operating Highlights Q4 2025 2025 2024 2023 Tonnes mined (000s) 5,296 17,950 16,937 9,873 Tonnes ore mined (000s) 633 4,496 4,128 486 Ore mined – grade (g/t) 1.62 1.26 1.07 0.95 Ore crushed (000s) 428 4,027 4,091 2,497 Tonnes of ore stacked (000s) 430 4,144 4,621 2,519 Heap leach grade (g/t) 1.95 1.29 1.13 1.91 Heap leach contained ounces stacked (oz) 29,908 172,460 168,035 154,878 Gold produced (oz) 26,748 127,734 200,525 195,926 Gold sold (oz) 29,879 130,487 197,794 195,939

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Molybdenum BU Financial & Operating Highlights 50 Financial Highlights ($M, except as noted) Q4 2025 2025 2024 2023 Total revenue 104.0 358.0 253.0 306.7 Production costs 100.7 351.3 256.0 312.9 Earnings (loss) from mine operations 2.2 2.2 (6.4) (10.5) Care and maintenance costs – Molybdenum mines 1.3 5.8 9.3 16.7 Earnings (loss) from operations 3.2 (2.9) (20.4) (65.0) Cash provided by (used in) operations (14.9) (38.3) (41.0) (44.4) Free cash flow (deficit) from operations(1) (61.0) (175.6) (100.7) (46.3) Total capital expenditures(1) 51.3 135.9 63.1 2.0 (1) Non-GAAP financial measure. All per unit costs metrics are expressed on a metal sold basis. See discussion under “Non -GAAP and Other Financial Measure”. (2) Amount does not include 1.4 million pounds of molybdenum roasted of toll material for the th ree months ended and 4.3 million pounds for the twelve months ended December 31, 2025 (0.8 million pounds for three months ended and 2.3 million pounds for twelve months ended December 31, 2024) Langeloth Operating Highlights Q4 2025 2025 2024 2023 Mo purchased (Mlbs) 4,943 17,380 10,306 12,322 Mo roasted (Mlbs) (2) 3,616 14,243 10,164 11,377 Mo sold (Mlbs) 3,607 14,048 10,912 11,235 Average realized Mo price ($/lb) 23.78 22.60 22.05 25.39

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Operating Cost Breakdown (by Operating Site) 51 Mount Milligan Q4 2025 2025 2024 2023 Mining cost per tonne ($/t)(1) 3.11 2.78 2.68 2.25 Processing cost per tonne ($/t)(1) 5.71 6.08 5.33 5.96 Site G&A cost per tonne ($/t)(1) 3.19 2.79 2.45 2.51 On site cost per tonne ($/t)(1) 15.40 15.17 13.54 13.66 (1) Non-GAAP financial measure. All per unit costs metrics are expressed on a metal sold basis. See discussion under “Non -GAAP and Other Financial Measure”. Öksüt Q4 2025 2025 2024 2023 Mining cost per tonne ($/t)(1) 3.09 3.22 3.26 2.69 Processing cost per tonne ($/t)(1) 14.37 7.11 5.76 4.98 Site G&A cost per tonne ($/t)(1) 40.81 12.03 8.49 9.36 On site cost per tonne ($/t)(1) 93.20 33.09 26.19 24.88

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2026 Sensitivities and Material Assumptions 52 Impact on ($M) Impact on ($/oz) Production Costs & Taxes Capital Costs Revenues Cash Flows AISC on a by-product basis per ounce(4) Gold price(1) $250/oz 12.5 – 13.5 — 45.0 – 46.5 32.0 – 34.0 32 – 34 Copper price(1) 10% 0.5 – 1.0 — 21.0 – 25.5 20.0 – 24.5 80 – 100 Diesel fuel(2) 10% 2.3 – 3.0 0.5 – 1.0 — 3.0 – 4.0 12 – 16 Canadian dollar(2,3) 10 cents 15.0 – 23.0 0.1 - 0.5 — 15.0 – 23.5 60 – 90 Turkish lira(3) 10 liras 3.0 – 4.0 3.0 – 4.0 — 6.0 – 8.0 26 - 30 (1) Includes the impact of hedging of 20,000 ounces for the Öksüt Mine’s gold sales in 2026. Excludes the effect of 35,004 ounces of gold with an average mark-to-market price of $4,338 per ounce and 11.5 million pounds of copper with an average mark-to- market price of $5.64 per pound outstanding under the Mount Milligan Mine’s contracts awaiting final settlement in future months as of December 31, 2025. (2) Includes the effect of the Company’s diesel fuel and Canadian dollar hedging programs, with current exposure coverage as of December 31, 2025 of approximately 47% and 59%, respectively. (3) Appreciation of the currency against the US dollar results in higher costs and lower cash flow and earnings. Depreciation of the currency against the US dollar results in decreased costs and increased cash flow and earnings. 2026 MATERIAL ASSUMPTIONS Material assumptions or factors used to forecast production and costs for 2026, after giving effect to the hedges in place as at December 31, 2025, include the following: A market gold price of $4,500 per ounce and an average realized gold price at Mount Milligan of $3,077 per ounce after reflecting the Mount Milligan Streaming Agreement (35% of Mount Milligan’s gold at $435 per ounce) and gold refining costs. A market copper price of $5.00 per pound and an average realized copper price at Mount Milligan of $4.20 per pound after reflecting the Mount Milligan Streaming Agreement (18.75% of Mount Milligan’s copper at 15% of the spot price per metric tonne) and copper treatment and refining costs. Exchange rates: $1USD:$1.38 Canadian dollar; $1USD:45.00 Turkish lira. Diesel fuel price assumption: $0.90 per litre (C$1.24 per litre) at Mount Milligan and $2.70 per US gallon at Thompson Creek. 2026 SENSITIVITIES

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Mineral Reserves and Resources – Gold(1) (as of December 31, 2025) 53 Proven Gold Reserves Probable Gold Reserves Total Proven & Probable Gold Reserves Property Tonnes (kt) Grade (g/t) Contained Gold (koz) Tonnes (kt) Grade (g/t) Contained Gold (koz) Tonnes (kt) Grade (g/t) Contained Gold (koz) Mount Milligan(2) 179,919 0.31 1,773 290,413 0.27 2,522 470,332 0.28 4,294 Öksüt 827 0.73 20 14,527 1.04 484 15,355 1.02 503 Goldfield 9,944 1.04 334 23,404 0.49 372 33,348 0.66 706 Total 190,690 0.35 2,127 328,344 0.32 3,377 519,034 0.33 5,504 Measured Gold Resources(3) Indicated Gold Resources(3) Total Measured & Indicated Gold Resources Property Tonnes (kt) Grade (g/t) Contained Gold (koz) Tonnes (kt) Grade (g/t) Contained Gold (koz) Tonnes (kt) Grade (g/t) Contained Gold (koz) Mount Milligan(2) 360,446 0.27 3,116 354,545 0.28 3,146 714,992 0.27 6,262 Öksüt 11,773 1.02 385 4,996 0.91 146 16,769 0.98 530 Kemess Main – Open Pit - - - 170,513 0.30 1,668 170,513 0.30 1,668 Kemess South – Open Pit - - - 13,204 0.37 158 13,204 0.37 158 Kemess Underground - UG - - - 33,223 0.82 877 33,223 0.82 877 Kemess Underground - East - - - 27,491 0.64 565 27,491 0.64 565 Goldfield 10,418 1.08 363 26,616 0.50 432 37,034 0.67 794 Total 382,637 0.32 3,864 630,588 0.35 6,991 1,013,225 0.33 10,855 Inferred Gold Resources(4) Property Tonnes (kt) Grade (g/t) Contained Gold (koz) Mount Milligan(2) 27,901 0.37 334 Öksüt 0 0.00 0 Kemess Main – Open Pit 237,050 0.30 2,299 Kemess South – Open Pit 198 0.34 2 Kemess Underground - UG 20,094 0.74 481 Kemess Underground - East 42,252 0.57 772 Goldfield 2,121 0.33 23 Total 329,616 0.37 3,911 1) Centerra’s equity interests are as follows: Mount Milligan 100%, Öksüt 100%, Kemess Open Pit, Kemess Underground and Kemess East 100%, Goldfield 100%. Mineral reserves and resources for these properties are presented on a 100% basis. Numbers may not add due to rounding. 2) Production at Mount Milligan is subject to a streaming agreement with RGLD Gold AG and Royal Gold, Inc. (collectively, “Royal Gold”) which entitles Royal Gold to 35% of gold sales from the Mount Milligan Mine. Under the stream arrangement, Royal Gold will pay a reduced price per ounce of gold delivered. Mineral reserves and resources for the Mount Milligan property are presented on a 100% basis. 3) Mineral resources are inclusive of mineral reserves. Mineral resources do not have demonstrated economic viability. 4) Inferred mineral resources have a lower level of confidence as to their existence and as to whether they can be mined economically. It cannot be assumed that all or part of the inferred mineral resources will ever be upgraded to a higher category.

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Mineral Reserves & Resources – Copper(1) (as of December 31, 2025) 54 1) Centerra’s equity interests are as follows: Mount Milligan 100%, Kemess Open Pit, Kemess Underground, and Kemess East 100%. Mineral reserves and resources for these properties are presented on a 100% basis. Numbers may not add due to rounding. 2) Production at Mount Milligan is subject to a streaming agreement which entitles Royal Gold to 18.75% of copper sales from the Mount Milligan Mine. Under the stream arrangement, Royal Gold will pay a reduced percentage of the spot price per metric tonne of copper delivered. Mineral reserves and resources for the Mount Milligan property are presented on a 100% basis. 3) Mineral resources are in addition to mineral reserves. Mineral resources do not have demonstrated economic viability. 4) Inferred mineral resources have a lower level of confidence as to their existence and as to whether they can be mined economically. It cannot be assumed that all or part of the inferred mineral resources will ever be upgraded to a higher category. Proven Copper Reserves Probable Copper Reserves Total Proven & Probable Copper Reserves Property Tonnes (kt) Copper Grade (%) Contained Copper (Mlbs) Tonnes (kt) Copper Grade (%) Contained Copper (Mlbs) Tonnes (kt) Copper Grade (%) Contained Copper (Mlbs) Mount Milligan(2) 179,919 0.17 666 290,413 0.16 1,050 470,332 0.17 1,716 Total 179,919 0.17 666 290,413 0.16 1,050 470,332 0.17 1,716 Measured Copper Resources(3) Indicated Copper Resources(3) Total Measured & Indicated Copper Resources Property Tonnes (kt) Copper Grade (%) Contained Copper (Mlbs) Tonnes (kt) Copper Grade (%) Contained Copper (Mlbs) Tonnes (kt) Copper Grade (%) Contained Copper (Mlbs) Mount Milligan(2) 360,446 0.17 1,352 354,545 0.14 1,058 714,992 0.15 2,411 Kemess Main - Open Pit - - - 170,513 0.15 575 170,513 0.15 575 Kemess South – Open Pit - - - 13,204 0.13 38 13,204 0.13 38 Kemess Underground - UG - - - 33,223 0.36 265 33,223 0.36 265 Kemess Underground - East - - - 27,491 0.44 268 27,491 0.44 268 Total 360,446 0.17 1,352 598,976 0.17 2,204 959,422 0.17 3,556 Inferred Copper Resources(4) Property Tonnes (kt) Copper Grade (%) Contained Copper (Mlbs) Mount Milligan(2) 27,901 0.08 50 Kemess Main - Open Pit 237,050 0.13 682 Kemess South – Open Pit 198 0.08 0 Kemess Underground - UG 20,094 0.33 148 Kemess Underground - East 42,252 0.42 393 Total 327,495 0.18 1,273

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55 1) Centerra’s equity interests are as follows: Thompson Creek 100% and Endako 75%. Mineral reserves and resources for these properties are presented on a 100% basis. Numbers may not add up due to rounding. 2) Mineral resources are in addition to mineral reserves. Mineral resources do not have demonstrated economic viability. 3) Inferred mineral resources have a great amount of uncertainty as to their existence and as to whether they can be mined economically. It cannot be assumed that all or part of the inferred mineral resources will ever be upgraded to a higher category. Measured & Indicated Molybdenum Mineral Resources Measured Resources(2) Indicated Resources(2) Total Measured & Indicated Resources Property Tonnes (kt) Moly Grade (%) Contained Moly (Mlbs) Tonnes (kt) Moly Grade (%) Contained Moly (Mlbs) Tonnes (kt) Moly Grade (%) Contained Moly (Mlbs) Thompson Creek Mine 50,522 0.07 83 112,892 0.06 143 163,415 0.06 226 Endako 47,100 0.05 48 122,175 0.04 118 169,275 0.04 166 Total 97,622 0.06 131 235,067 0.05 261 332,690 0.05 392 Inferred Molybdenum Mineral Resources Inferred Resources(3) Property Tonnes (kt) Moly Grade (%) Contained Moly (Mlbs) Thompson Creek Mine 18,327 0.08 30 Endako 47,325 0.04 44 Total 65,652 0.05 74 Mineral Reserves & Resources – Molybdenum(1) (as of December 31, 2025) Proven & Probable Molybdenum Mineral Reserves Proven Reserves(2) Probable Reserves(2) Total Proven & Probable Reserves Property Tonnes (kt) Moly Grade (%) Contained Moly (Mlbs) Tonnes (kt) Moly Grade (%) Contained Moly (Mlbs) Tonnes (kt) Moly Grade (%) Contained Moly (Mlbs) Thompson Creek Mine 44,885 0.08 75 68,104 0.06 86 112,989 0.07 161 Total 44,885 0.08 75 68,104 0.06 86 112,989 0.07 161

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Mineral Reserves & Resources Additional Footnotes 56 General Conversion factors used in the mineral resource and reserve estimates: 31.1035 grams per troy ounce; 2204.62 lbs per metric tonne; 0.9072 metric tonnes per short ton. Unless otherwise noted, an exchange rate of 1USD:1.33CAD was used for estimating resources and reserves. Mount Milligan Mine The mineral reserves are reported based on a gold price of $1,800 per ounce, a copper price of $3.75 per pound. The open pit mineral reserves are reported based on a Net Smelter Return (“NSR”) cut-off of $8.45 per tonne (C$11.24 per tonne) that considers metallurgical recoveries, concentrate grades, transportation costs, and smelter treatment charges to determine economic viability. Reserves include 31.7 million tonnes of marginal material to be processed at the end of mine life for closure purposes. The mineral resources are reported based on a gold price of $2,400 per ounce, a copper price of $4.00 per pound. The open pit mineral resources are constrained by a pit shell and are reported based on a NSR cut-off of $8.45 per tonne (C$11.24 per tonne) that considers metallurgical recoveries, concentrate grades, transportation costs, and smelter treatment charges to determine economic viability. Further information concerning the Mount Milligan deposit, operation, as well as environmental and other risks is described in Centerra’s most recently filed Annual Information Form which is available on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.g ov/edgar and the Technical Report for the Mount Milligan PFS, with an effective date of June 30, 2025 (filed on October 17, 2025), which is available on SEDAR+ at www.sedarplus.ca. Öksüt Mine The mineral reserves are reported based on a gold price of $2,000 per ounce and an exchange rate of 1USD:42TL. The open pit mineral reserves are reported based on 0.20 grams of gold per tonne cut-off grade. Open pit optimization used an average life of mine (“LOM”) metallurgical recovery of 77%. The mineral resources are reported based on a gold price of $2,400 per ounce. Open pit mineral resources are constrained by a pit shell and are estimated based on a cut-off grade of 0.17 grams of gold per tonne. Further information concerning the Öksüt deposit, operation, as well as environmental and other risks is described in Centerra’s most recently filed Annual Information Form which is available on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov/edgar and the Technical Report on the Öksüt Project, dated September 3, 2015, which is available on SEDAR+ at www.sedarplus.ca. Kemess The mineral resources are reported based on a gold price of $2,400 per ounce, a copper price of $4.00 per pound, a silver price of $25.00 per ounce. The Kemess Main open pit mineral resources (including the Nugget zone) are constrained by a pit shell and are reported based on a Net Smelter Return (“NSR”) cut-off of $12.01 per tonne (C$15.97 per tonne) that considers materials handling costs, metallurgical recoveries, concentrate grades, transportation costs, and smelter treatment charges to determine economic viability. A dilution factor of 0% and a mining recovery of 100% is used. The Kemess South open pit mineral resources are constrained by a pit shell and are reported based on a NSR cut-off of $9.98 per tonne (C$13.27 per tonne) that considers metallurgical recoveries, concentrate grades, transportation costs, and smelter treatment charges to determine economic viability. A dilution factor of 0% and a mining recovery of 100% is used. The Kemess Underground mineral resource is constrained by optimized stope shapes using commercially available software and reported with a NSR stope cut-off value of $41.71 per tonne (C$55.47 per tonne), representing the value required to cover mining, processing, general and administrative, and appropriate sustaining capital costs. Economic screening was performed on stope shapes to ensure reasonable prospects for eventual economic extraction. Dilution was estimated using equivalent linear overbreak sloughing (“ELOS”) for each stope type and ore-waste contacts, which vary between zero and 1.25 metres. Mining recovery of 93% was applied to all stopes. The Kemess East underground mineral resource is constrained by optimized stope shapes using commercially available software and reported with a NSR stope cut-off value of $41.71 per tonne (C$55.47 per tonne), representing the value required to cover mining, processing, general and administrative, and appropriate sustaining capital costs. Economic screening was performed on stope shapes to ensure reasonable prospects for eventual economic extraction. Dilution was estimated using ELOS for each slope type and ore-waste contacts, which vary between zero and 1.25 metres. Mining recovery of 93% was applied to all stopes. The Kemess Main open pit shell was restricted to a minimum floor elevation of 1,355 metres above sea level (“masl”) and the Kemess Underground optimized stope shapes were restricted to a maximum elevation of 1,355 masl, to represent the conceptual transition between open pit and underground mining zones for resource estimation purposes. A portion of the mineral resource estimate is included in the economic analysis for the PEA, which is limited to the Kemess Main open pit and Kemess Underground zones. This is a conservative subset that reflects mining, processing and economic assumptions. It is important to note that the PEA mining inventory is not a mineral reserve and does not demonstrate economic viability. The subset of the mineral resource used in the PEA was based on a gold price of $2,000 per ounce, a copper price of $3.75 per pound, a silver price of $22.50 per ounce. Thompson Creek Mine The mineral reserves are reported on a molybdenum price of $16.00 per pound. The open pit mineral reserves are based on a 0.030% molybdenum cut-off grade. The mineral resources are reported on a molybdenum price of $18.50 per pound. The open pit mineral resources are constrained by a pit shell and are estimated based on a 0.025% molybdenum cut-off grade. Further information concerning the Thompson Creek deposit, current and planned operations as well as environmental and other risks are described in the technical report with an effective date of September 1, 2024 and filed on SEDAR+ at www.sedarplus.ca. Endako Mine The mineral resources are reported based on a molybdenum price of $14.00 per pound and an exchange rate of 1USD:1.25CAD. The open pit mineral resources are constrained by a pit shell and are estimated based on a 0.025% molybdenum cut-off grade.

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Mineral Reserves & Resources Additional Footnotes 57 Goldfield The following formula was used to calculate cut-off grade for each mineralized zone: [Processing cost + G&A cost] / [Recovery * (Gold Price * Payability Factor * (1- Royalty%) – Selling Cost)] where G&A cost is $0.55/t, payability factor is 99.9% and selling cost is $5/oz. Goldfield Reserves Mineral reserves are reported in metric tonnes based on a gold price of $2,000/oz. Mineral reserve estimates are supported by mineable pit designs, detailed LOM plan, equipment simulations, capital and operating cost estimates, and financial analysis. Mining Cost: A base mining cost of $3.47/t was applied with an incremental haulage costs of $0.31/t and $0.35/t applied to Goldfield Main and McMahon Ridge respectively. A general and administrative (“G&A”) cost of $0.55/t was applied for constraining the pit shell. Pit Slope Angles: Overall slope angles were assumed to be 35 degrees for all mineralized zones, except Goldfield Main which varied between 25 and 35 degrees depending on slope orientation. Processing Costs: Processing costs were estimated based on crushing and metallurgical testing. Processing costs for run-of-mine (“ROM”) material range from $3.03/t to $4.99/t. Processing costs for crushed material range from $5.06/t to $7.02/t. Recovery: Recoveries were estimated by laboratory testing of representative samples including bottle roll and column leach tests. Recoveries for ROM material range from 54% to 69%. Recoveries for crushed material range from 51% to 87%. Cut-off Grades: Cut-off grades for ROM material range from 0.10g/t to 0.16g/t. Cut-off grades for crushed material range from 0.12 g/t to 0.24 g/t. No dilution factor was applied as the selective mining unit (“SMU”) is expected to account for operational dilution and reflects the equipment sizing and capabilities. The Gemfield pit includes a volume of “must take” mineralized material (662,157 tonnes and 6,469 contained ounces) for permitting and closure purposes which lies outside the optimized pit shell. This material is included in the Gemfield reserve pit and economic analysis. Royalties applied: Gemfield 5%, Goldfield Main 4%, Jupiter 2.9%, McMahon Ridge 3% Goldfield Resources Mineral resources are reported in metric tonnes based on a gold price of $2,400/oz. The open pit mineral resources are constrained by a pit shell and are reported based on cut-off grades reported below that take into consideration metallurgical recoveries and selling costs. Mining Cost: A base mining cost of $3.43/t was used with an incremental haulage costs of $0.31/t and $0.35/t applied to Goldfield Main and McMahon Ridge respectively. A G&A cost of $0.55/t was applied for constraining the pit shell. Processing Costs: Processing costs were estimated based on crushing and metallurgical testing. Processing costs for ROM material range from $3.03/t to $4.87/t. Processing costs for crushed material range from $5.35/t to $7.32/t. Cut-off Grades: Cut-off grades for ROM material range from 0.08 g/t to 0.12 g/t. Cut-off grades for crushed material range from 0.10 g/t to 0.20 g/t. No royalty costs were applied to the resource estimate. Sulphide Resources: Laboratory testing has shown that material classified as sulphide can be recovered from the Goldfield and McMahon Ridge zones with crushing. Processing costs, recoveries and cut-off grades for sulphide materials as follows – Goldfield Main: Crushed processing cost $9.59/t, recovery 51%, cut-off grade 0.26 g/t; McMahon Ridge: Crushed processing cost $7.89/t, recovery 37%, cut-off grade 0.30 g/t. Qualified Persons (“QPs”) – Mineral Reserves and Resources Christopher Richings, Professional Engineer, member of the Professional Engineers of Ontario and Engineers and Geoscientists British Columbia and Centerra’s Vice President, Technical Services, has been reviewed and approved the scientific and technical information contained in this news release. Mr. Richings is a “qualified person” within the meaning of the Canadian Securities Administrator’s NI 43-101 Standards of Disclosure for Mineral Projects.All mineral reserve and resources have been estimated in accordance with the standards of the Canadian Institute of Mining, Metallurgy and Petroleum and NI 43-101. Mineral reserve and mineral resource estimates are forward-looking information and are based on key assumptions and are subject to material risk factors. If any event arising from these risks occurs, the Company’s business, prospects, financial condition, results of operations or cash flows, and the market price of Centerra’s shares could be adversely affected. Additional risks and uncertainties not currently known to the Company, or that are currently deemed immaterial, may also materially and adversely affect the Company’s business operations, prospects, financial condition, results of operations or cash flows, and the market price of Centerra’s shares. See the section entitled “Risk That Can Affect Centerra’s Business” in the Company’s annual Management’s Discussion and Analysis (MD&A) for the quarter-ended March 31, 2025, available on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov/edgar and see also the discussion below under the heading “Caution Regarding Forward-looking Information”.

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

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