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Third Quarter 2026 Financial Results November 2026
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Cautionary Note Regarding Forward-Looking Information and Statements Except for statements of historical fact relating to us, certain statements contained in this presentation constitute forward-looking statements, forward-looking information, future oriented financial information, or financial outlooks (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information may be contained in this document and our other public filings. Forward-looking information relates to statements concerning our outlook and anticipated events or results and in some cases, can be identified by terminology such as “may”, “will”, “could”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “projects”, “predict”, “potential”, “continue”, or other similar expressions, as well as statements written in the future tense or that are not historical facts. Forward-looking information in this presentation include any statements concerning, among other things: the successful completion of the acquisition of Roxmore and the timing and benefits thereof; forecasts and outlook; preliminary cost reporting in this document; timing, production, operating, cost, and capital expenditures; guidance; our operational and development targets and catalysts and the impact of any suspensions on operations; growth initiatives; the results of any gold reconciliations; the ability to discover additional oxide gold ore; the generation of free cash flow and returning cash to shareholders, including via share repurchases or dividends; matters relating to proposed exploration; communications with local stakeholders; maintaining community and government relations; our joint venture governance and operations; negotiation and completion of transactions; commodity prices; Mineral Resources, Mineral Reserves, conversion of Mineral Resources, realization of Mineral Reserves, and the existence or realization of Mineral Resource estimates; the development approach; the timing and amount of future production; the timing of studies, announcements, and analysis; the timing of construction and development of proposed mines and process facilities; capital and operating expenditures; economic conditions; availability of sufficient financing; exploration plans; receipt of regulatory approvals; timing and impact surrounding suspension or interruption of operations as a result of regulatory requirements or actions by governmental authority; and any and all other timing, exploration, development, operational, financial, budgetary, economic, legal, social, environmental, regulatory, and political matters that may influence or be influenced by future events or conditions. Such forward-looking information is subject to various risks and uncertainties and based on a number of material factors and assumptions which could cause actual results and experience to differ materially from anticipated results or expectations expressed in this presentation, including, but not limited in any manner to, those disclosed from time to time in our reports filed with the SEC on EDGAR, including the “Risk Factors” section of our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, as applicable, and the Canadian securities regulatory authorities on SEDAR+, and include: the inherent speculative nature of exploration results; the ability to explore; local and global political and economic conditions; governmental and regulatory requirements and actions by governmental authorities, including changes in government policy, government ownership requirements, changes in environmental, tax and other laws or regulations and the interpretation thereof; communications with local stakeholders; maintaining community and governmental relations; status of negotiations of current and future joint ventures and their governance and operations; weather conditions at our operations; commodity prices; the ultimate determination of and realization of Mineral Reserves; existence or realization of Mineral Resources; the development approach; availability and receipt of required approvals, titles, licenses and permits; sufficient working capital to develop and operate the mines and implement development plans; access to adequate services and supplies; foreign currency exchange rates; interest rates; access to capital markets and associated cost of funds; availability of a qualified work force; ability to negotiate, finalize, and execute relevant agreements; the Company’s ability to efficiently integrate acquired mines and businesses and to manage the costs related to any such integration, or to retain key technical, professional or management personnel; lack of social opposition to our mines or facilities; lack of legal challenges with respect to our properties; the timing and amount of future production; the ability to meet production, cost, and capital expenditure targets; timing and ability to produce studies and analyses; capital and operating expenditures; economic conditions; availability of sufficient financing; the ultimate ability to mine, process, and sell mineral products on economically favorable terms; and any and all other timing, exploration, development, operational, financial, budgetary, economic, legal, social, geopolitical, regulatory and political factors that may influence future events or conditions. While we consider these factors and assumptions to be reasonable based on information currently available to us, they may prove to be incorrect. The above list is not exhaustive of the factors that may affect any of the Company’s forward-looking information. You should not place undue reliance on forward-looking information. Forward-looking information is based on certain key expectations and assumptions made by us. Although we believe that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because we can give no assurance that they will prove to be correct. Other than as required by law, we do not intend, and undertake no obligation to update any forward-looking information to reflect, among other things, new information or future events. The information contained on, or that may be accessed through, our website is not incorporated by reference into, and is not a part of, this document. All references to “$” in this presentation are to U.S. dollars unless otherwise stated. Maps included within this presentation are provided for illustrative purposes only. Cautionary Note Regarding Non-GAAP Financial Measures We have included certain non-GAAP performance measures throughout this document to assist in understanding our financial results. These performance measures are employed by us to measure our operating and economic performance internally and to assist in decision-making, as well as to provide key performance information to senior management. We believe that, in addition to measures prepared in accordance with GAAP, certain investors and other stakeholders will find this information useful to evaluate our operating and financial performance; however, these non-GAAP performance measures do not have any standardized meaning. These performance measures are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. Our definitions of our non-GAAP financial measures may not be comparable to similarly titled measures reported by other companies. These non-GAAP measures should be read in conjunction with our condensed consolidated interim financial statements. Cautionary Notes 2|SSR MINING
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Hod Maden (Lidya Mines) – 4% NSR Pitarrilla (Endeavour Silver) – 1.25% NSR San Luis (Highlander Silver) – 4% NSR Rowan (West Red Lake Gold) – 3% NSR Sunrise Lake (Honey Badger Silver) – 4% NSR 3|SSR MINING (1) Total cash and Free cash flow (“FCF”) are non-GAAP metrics; Total cash and FCF are reported from continuing operations as of Sep tember 30, 2026; please see end notes and cautionary notes for a discussion on non -GAAP metrics (2) 2026E Production Weighting based on 2026FY production guidance; see endnotes and cautionary notes for additional information (3) Capital returns as of September 30, 2026 include quarterly cash dividend of $0.03 per share announced on August 4, 2026; plea se see endnote for additional information (4) MRMR shown from SSR Mining’s Americas portfolio only in gold equivalent ounces as of December 31, 2025 and adjusted to includ e Marigold’s updated MRMR effective May 1, 2026 reported within the 2026 Technical Report Summary; Mineral Resources are presented exclusive of Mineral Reserves; see endnotes and cautionary notes for additional info rmation (5) The Converse Property is part of the recently proposed Roxmore acquisition; please see endnotes for additional information Multi-Decade Americas Portfolio Delivering Free Cash Flow, Capital Returns & Growth NSR Royalty Portfolio CC&V Seabee Porky Amisk Marigold Buffalo Valley New Millenium DobbinConverse Melina Puna Cortaderas Operations Projects Key Exploration (1) Organic Growth Million GEOs Mineral Reserves8 Additional 8 Moz M&I & 4 Moz Inferred ~ Brownfield Targets for Low-Capital Intensity Mine Life Extensions Proven M&A Track Record Portfolio Built Through Value Accretive M&A 3 RD Largest U.S. Gold Producer Long-lived Marigold & CC&V Mines Producing Mines 4 2026E Production Weighting: 80% Gold & 20% Silver ~90% of Net Asset Value from USA & Canada Diversified Portfolio (2) Total Cash of ~$1.6B & Ongoing FCF Supports Capital Commitments & Continued Capital Returns; YTD Capital Returns Yield of ~10% 2026 Share Buybacks $0.03/sh$300M YTD 2026 FCF ~ $530M Quarterly Dividend ~ (1, 3) (1) (3) (4) (5)
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$474M $538M $1,011M $314M Share Buybacks $531M Share Buybacks $846M Share Buybacks$160M Dividends $166M Dividends 2021 - 2024 YTD2026 Total Dividends Share buybacks $775M Realized Cash ~$1,855M Analyst NAV $5,760M Announced Current $996M ~$2,125M Analyst NAV Current Value $0.78 $4.63 10/23/2024 10/23/2026 $11.68 $39.18 10/23/2024 10/23/2026 2021 – 2026 $11.68 $39.18 10/23/2024 10/23/2026 Non-Core Asset Sales Analyst NAV (At Announcement) Transaction Value (At Announcement) 2.1x US + Canada Asset Acquisitions Exploration & Resource Upside~$7,615M 9.8x Current Value (Q3 2026) Acquisition Value 4|SSR MINING (1) SSR Mining NAV per share and cash flow per share sourced from CapIQ as of October 23, 2026; Current Analyst NAV value based o n 2026 Marigold TRS and broker consensus research for Seabee and CC&V as of October 22, 2026 (2) Capital returns as of September 30, 2026 include historical dividends and share repurchases; please see endnotes and cautiona ry notes for a discussion on Historical Capital Returns (3) Realized cash may also be referred to as Mine Site Free Cash Flow and is a non -GAAP metrics; please see endnotes and cautionary notes for a discussion on non-GAAP metrics (4) See endnotes for definition of U.S. and Canada Asset Acquisitions and Non -Core Asset Sales Increasing Per Share Value (1) M&A Track Record (3,4) Capital Returns Track Record (2) Proven Track Record of Value Creation July 23, 2026July 23, 2024 Consensus Cash Flow Per Share +490% Consensus NAV Per Share July 23, 2026July 23, 2024 +235% October 2024 October 2026 October 2024 October 2026 Remaining Contingent Payment YTD 2026, repurchased ~17 million shares and reinstated quarterly dividend of $0.03/sh with Q2 2026 results Between 2021 - 2024, repurchased ~20 million shares
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NAV Sensitivity (1) Average Total Mine Life metrics are calculated over the period 2027 to 2045, as residual heap leaching concludes in 2045. Bas e Case gold price assumption averages $3,948/oz over the life of mine, including the long -term gold price of $3,710/oz starting in 2031. See endnote for additional information regarding the 2026 Marigold TRS (2) Total capital costs include sustaining capital, development capital, and reclamation. (3) Cost of sales excludes depreciation, depletion, and amortization (4) AISC are a non-GAAP metric; please see endnotes and cautionary notes for a discussion on non -GAAP metrics and additional details; Cost of sales and AISC are reported per ounce of payable metal sold $2,471 $3,334 $4,196 $5,058 $3,553 (-10%) Consensus Base Case $4,342 (10%) $4,737 (20%) Gold Price (US$/oz) Production Summary 168 154 170 171 281 243 280 179 205 221 231 207 198 150 157 158 135 148 100 68 46 31 2024A 2025A 2026E 2027E 2028E 2029E 2030E 2031E 2032E 2033E 2034E 2035E 2036E 2037E 2038E 2039E 2040E 2041E 2042E 2043E 2044E 2045E Gold Production (Actual) 2026 Guidance (Low-End) Gold Production (2026 TRS) Gold Production (2024 TRS) Financial & Operating Highlights Marigold: 2026 Technical Report Summary (TRS) 20-Year Mine Life & After-Tax NPV5% of $3.3 Billion at Consensus Gold Prices 5|SSR MINING Commentary • After-tax NPV5% of $3.3 billion at consensus gold prices averaging $3,948 per ounce over the 20-year life of mine • Average annual gold production of 231koz over the 5-year period from 2027 to 2031, 201koz through 2040, and 169koz over the life of mine • Gold Mineral Reserves at Marigold total 4.6Moz, 43% increase from 2025YE • Gold Measured & Indicated Mineral Resources, exclusive of Mineral Reserves, total 1.7Moz as compared to 1.8Moz as of 2025YE • Gold Inferred Mineral Resources are an additional 0.3Moz as compared to the 0.5Moz as of 2025YE • 2026 Marigold TRS incorporates the maiden life of mine plan for the Buffalo Valley project with 0.7Moz gold Mineral Reserves and first production expected in 2029 10% increase in gold price adds >$860M to NAV 20-year operating mine life (15-years of active mining and 5 years of residual heap leaching) at consensus gold prices Key Metrics (1) Units 5-Yr Profile 2027 – 2031 Active Mining 2027 – 2040 Total LOM 2027 – 2050 Total Production Au koz 1,153 2,816 3,208 Avg. Annual Production Au koz 231 201 169 Total Operating Cash Flow $M $2,353 $4,955 $5,978 Total Capital Costs (2) $M $817 $1,133 $1,231 Total FCF (non-GAAP) (4) $M $1,536 $3,822 $4,747 Average Annual FCF $M $307 $273 $253 Cost of Sales (GAAP) (3) $/oz $1,990 $1,959 $1,793 Cash Costs (non-GAAP) (4) $/oz $1,991 $1,960 $1,795 AISC (non-GAAP) (4) $/oz $2,279 $2,183 $2,005 Operating Metrics Life of Mine Ore Mined Mt 298 Waste Mined Mt 1,583 Material Mined Mt 1,881 Strip Ratio W:O 5.3:1 Gold Grade Stacked g/t 0.44 Gold Recovery % 72% Active Mining
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New Millennium • DG80 • Red Dot • Mackay • 6|SSR MINING ▪ Accretive, all-cash acquisition of the multi-million ounce Converse Project located 6km from Marigold Complex in Nevada ▪ Potential to add 150,000 to 170,000 ounces of gold production annually to SSR Mining’s US platform starting in 2033 ▪ Combined with Marigold and CC&V, SSR Mining has potential to average 350,000 to 400,000 ounces of annual gold production in the USA between 2033 and 2042, including +450,000 ounces in peak years ▪ No material capital expenditures expected until the early 2030s ▪ Reinforces SSR Mining’s commitment to low-capital-intensity growth in its core jurisdictions ▪ Potential to deliver +$200 million in life of mine synergies as compared to a stand-alone operation Project LocationTransaction Overview Illustrative U.S. Production Profile Valmy • Buffalo Valley • Converse Project Roxmore Resources • Marigold Complex 0 50 100 150 200 250 300 350 400 450 500 2027E 2028E 2029E 2030E 2031E 2032E 2033E 2034E 2035E 2036E 2037E 2038E 2039E 2040E 2041E 2042E Gold Production (koz) Marigold Gold Production (2026 TRS) CC&V Gold Production (2025 TRS) Converse Gold Production (Estimate) 5km Proposed Acquisition of the Converse Gold Project in Nevada Complementary Strategic Transaction Further Enhances the Future of SSR Mining’s U.S. Platform (1) The Converse Property is part of the recently proposed Roxmore acquisition; please see endnotes for additional information (1)
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|SSR MINING 7 4.6Moz 2.7Moz 7.3Moz 1.7Moz 4.8Moz 6.5Moz 0.3Moz 2.0Moz 2.3Moz Mineral Reserves Mineral Resources Mineral Reserves Mineral Resources Mineral Reserves Mineral Resources Mineral Reserves M&I Mineral Resources Inferred Mineral Resources Third Largest Gold Producer in the USA Denver Marigold Location: Nevada, USA CC&V Location: Colorado, USA Over 7 Million Ounces of Gold Mineral Reserves in the US ▪ SSR Mining’s US platform now hosts over 7 Moz of gold Mineral Reserves and 6.5Moz of M&I Resources (exclusive of Reserves) across its two core assets ▪ Both CC&V and Marigold now feature multi-decade Mineral Reserve lives ▪ Significant Mineral Resource endowment across both properties presents considerable potential for additional growth in the future ▪ Proposed acquisition of the Converse Gold Project adjacent to Marigold would bolster the US operating platform and would provide potential for annual US gold production of over +450,000 ounces in peak years ▪ SSR Mining is advancing multiple opportunities for future growth at CC&V and Marigold, including additional resource development and exploration drilling across the properties MARIGOLD CC&V USA CONSOLIDATED (1) MRMR for CC&V as of December 31, 2025 and Marigold effective May 1, 2026 as reported within the 2026 Technical Report Summary ; Measured and Indicated Mineral Resources are shown exclusive of Mineral Reserve; See endnotes and cautionary notes for additional information (2) The Converse Property is part of the recently proposed Roxmore acquisition; please see endnotes for additional information (1) Proposed acquisition of the multi-million ounce Converse Gold Project in Nevada accretive to SSR Mining’s US platform Converse Gold Project (2) (2)
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Results from Continuing Operations Marigold CC&V Seabee Puna Total Gold Production oz 29,135 31,567 15,949 — 76,651 Silver Production koz — — — 1,697 1,697 Gold Equivalent Production (1) oz 29,135 31,567 15,949 26,934 103,585 Cost of Sales (2) $/oz $1,986 $1,558 $1,507 $29.58 $1,755 AISC (3) $/oz $2,714 $2,126 $2,094 $25.64 $2,527 Third Quarter 2026 Operating Results (1) Effective January 1, 2026, the Company calculates GEOs using a fixed silver -to-gold ratio of 63:1. The Company does not include by-products in the GEO calculations. GEOs sold may not re -calculate based on amounts presented in this table due to rounding. (2) Cost of sales excludes depreciation, depletion, and amortization (3) AISC From Continuing Operations are non-GAAP metrics; Cost of sales and AISC are reported per ounce of payable metal sold; please see endnotes and cautionary notes for a discussion on non -GAAP metrics (4) Capital returns as of September 30, 2026 include quarterly cash dividend of $0.03 per share announced on August 4, 2026; mark et capitalization used in yield calculation as of October 30, 2026. Please see endnote for additional information (5) The Converse Property is part of the recently proposed Roxmore acquisition; please see endnotes for additional information 8|SSR MINING Company Highlights ▪ Repurchased 6.2 million shares in third quarter of 2026; YTD capital returns now approximately $530 million or ~10% yield ▪ Completed strategic refocus to the Americas: Sale of 20% ownership of Hod Maden for uncapped 4.0% NSR royalty across 100% of the project closed in Q3 2026 ▪ Announced 20-year Life of Mine plan for Marigold in Q3 2026 with average annual gold production of ~230koz from 2027 to 2031 ▪ Announced an agreement to acquire Roxmore Resources and its Converse Gold Project adjacent to Marigold on October 13, 2026 ▪ Continued to advance key brownfield organic growth projects across the portfolio, including Buffalo Valley at Marigold, Cortaderas at Puna, and Porky at Seabee (5) (4)
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Strong Financial Position Supports Growth, Capital Commitments & Capital Returns Financial & Operating Performance From Continuing Operations Balance Sheet & Liquidity (1) (1) All metrics shown as from continuing operations as of September 30, 2026; Adjusted Net Income Attributable to SSRM Shareholde rs, Adjusted Net Income Per Share Attributable to SSRM Shareholders, Free Cash Flow, Free Cash Flow Before Changes in Working Capital, Total Cash and Total Liquidity are non -GAAP metrics; please see endnotes and cautionary notes for a discussion on non -GAAP metrics Q3 2026 2026 YTD Gold Equivalent Production oz 103,585 315,459 Gold Equivalent Sales oz 106,613 317,427 Revenue $M $447.7 $1,473.2 Net Income $M $94.8 $482.5 Net Income Attributable to SSRM Shareholders $M $94.8 $482.5 Per Share (Basic / Diluted) $/sh $0.47 / $0.46 $2.35 / $2.30 Adjusted Net Income Attributable to SSRM Shareholders $M $130.7 $518.4 Per Share (Basic / Diluted) $/sh $0.64 / $0.64 $2.52 / $2.47 Cash Provided by Operating Activities $M $106.0 $526.5 Per Share (Basic / Diluted) $/sh $0.52 / $0.52 $2.56 / $2.51 Free Cash Flow $M $5.8 $304.9 Per Share (Basic / Diluted) $/sh $0.03 / $0.03 $1.48 / $1.45 Free Cash Flow Before Changes in Working Capital $M $110.8 $486.4 Per Share (Basic / Diluted) $/sh $0.55 / $0.54 $2.37 / $2.31 9|SSR MINING (1) $0.6B Undrawn Revolving Credit Facility $1.6B Total Cash Third Quarter 2026 Financial Results $2.2B Total Liquidity From Continuing Operations
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OUR VALUES Safety First, Always Better Together Be Excellent OUR PURPOSE To create value and leave a legacy through responsible and sustainable operations. 10|SSR MINING The ESG & Sustainability report is available on our website at: www.ssrmining.com/corporate_responsibility Operations
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Reno• Winnemucca• • Elko |SSR MINING 11 Quarterly Commentary ▪ Q3 2026 production of 29.1 koz gold at cost of sales of $1,986/oz and AISC of $2,714/oz ▪ Full-year AISC trending above 2026 guidance, predominantly due to higher-than-planned fuel and royalty costs ▪ 2026 production strongly weighted to the fourth quarter, reflecting: ▪ Recent completion of pumping upgrades driving increased solutions flow ▪ Stacking of higher grade ore directly on liner at heap leach cell 23B ▪ Planned inventory drawdown Marigold: Large-Scale Open Pit in Nevada Location: Nevada, USA Mining: Open Pit Processing: ROM Heap Leach Land: ~20,000 ha Ownership: 100% Operating Results Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Ore Mined kt 3,379 7,161 4,947 4,324 3,604 Waste Mined kt 20,112 17,612 19,506 17,044 18,113 Total Material Mined kt 23,491 24,773 24,453 21,368 21,717 Strip Ratio w:o 6.0 2.5 3.9 3.9 5.0 Ore Stacked kt 3,379 7,160 4,947 4,324 3,604 Gold Grade Stacked g/t 0.35 0.35 0.26 0.28 0.41 Gold Production oz 36,273 42,770 37,730 31,059 29,135 Total Capital Spend $M $13.4 $15.4 $25.7 $40.2 $55.8 Cost of Sales (1) $/oz $1,673 $1,825 $1,813 $1,980 $1,986 AISC (2) $/oz $1,840 $2,089 $2,365 $3,044 $2,714 (1,2) (1) Cost of sales excludes depreciation, depletion, and amortization (2) AISC are a non-GAAP metric; please see endnotes and cautionary notes for a discussion on non -GAAP metrics and additional details; Cost of sales and AISC are reported per ounce of payable metal sold (3) The Converse Property is part of the recently announced Roxmore acquisition; please see endnotes for additional information New Millennium DG80 Red Dot Mackay Valmy Buffalo Valley Converse Project (3)
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•Denver |SSR MINING 12 Operating Results Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Ore Mined kt 6,923 5,470 3,371 3,726 4,790 Waste Mined kt 2,496 4,318 5,520 6,134 4,872 Total Material Mined kt 9,419 9,788 8,891 9,860 9,662 Strip Ratio w:o 0.4 0.8 1.6 1.6 1.0 Ore Stacked kt 7,020 5,431 3,276 3,761 4,851 Gold Grade Stacked g/t 0.40 0.40 0.45 0.46 0.42 Gold Production oz 29,821 39,392 38,298 27,725 31,567 Total Capital Spend $M $15.2 $10.4 $7.5 $19.4 $33.1 Cost of Sales (1) $/oz $1,394 $1,279 $1,431 $1,561 $1,558 AISC (2) $/oz $1,756 $1,596 $1,658 $1,995 $2,126 Quarterly Commentary ▪ Q3 2026 production of 31.6 koz gold at cost of sales of $1,558/oz and AISC of $2,126/oz ▪ YTD production of 97.6koz at cost of sales of $1,510/oz and AISC of $1,905/oz ▪ Continue to evaluate opportunities to improve CC&V’s longer-term production and cost profile, including the potential for future Mineral Reserve conversion opportunities given CC&V’s existing 4.8 Moz of M&I Resources and 2.0 Moz of Inferred Resources, exclusive of Mineral Reserves Location: Colorado, USA Mining: Open Pit Processing: ROM, two- stage crushing Land: ~6,075 ha Ownership: 100% (1,2,3) (1) Cost of sales excludes depreciation, depletion, and amortization (2) AISC are a non-GAAP metric; please see endnotes and cautionary notes for a discussion on non -GAAP metrics and additional details; Cost of sales and AISC are reported per ounce of payable metal sold (3) MRMR as of December 31, 2025; please see endnotes for additional information Town Ore Source Key Infrastructure CC&V BoundaryVictor Cripple Creek Globe Hill Schist Island Granite IslandVLF2 ADR2 Crusher VLF1 ADR1 South Cresson Offices CC&V: Long-Lived Asset With Substantial Mineral Resource Base
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• • Flin Flon• Saskatoon La Ronge Seabee: High-Grade Underground in Canada Quarterly Commentary ▪ Q3 2026 production of 15.9 koz gold at cost of sales of $1,507/oz and AISCof $2,094/oz ▪ YTD production of 39.1koz at cost of sales of $1,912/oz and AISC of $2,844/oz ▪ Q3 operating results included scheduled downtime in the Seabee process plant, deferred from Q2 2026; no further scheduled maintenance expected in 2026 ▪ Advancing exploration and resource development activities at both Santoy and Porky as potential avenues for Mineral Reserve growth Location: Saskatchewan, Canada Mining: Underground Processing: Gravity concentration, CIP Land: ~74,000 ha Ownership: 100% Operating Results Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Ore Mined kt 85 92 81 106 96 Ore Milled kt 83 91 76 112 76 Gold Mill Feed Grade g/t 3.46 3.16 3.00 4.95 6.72 Gold Recovery % 95% 95% 94% 97% 97% Gold Production oz 9,118 8,869 6,286 16,817 15,949 Total Capital Spend $M $6.8 $8.7 $17.8 $11.1 $10.7 Cost of Sales (1) $/oz $2,185 $2,435 $3,462 $1,721 $1,507 AISC (2) $/oz $3,003 $3,433 $6,053 $2,358 $2,094 13|SSR MINING (1,2) Seabee Processing Facility Santoy Mine Porky Targets (1) Cost of sales excludes depreciation, depletion, and amortization (2) AISC are a non-GAAP metric; please see endnotes and cautionary notes for a discussion on non -GAAP metrics and additional details; Cost of sales and AISC are reported per ounce of payable metal sold
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Buenos Aires • San Salvador de Jujuy • Puna: Argentina’s Largest Producing Silver Mine Operating Results Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Ore Mined kt 367 332 73 299 279 Waste Mined kt 1,833 1,892 2,140 1,939 1,845 Total Material Mined kt 2,199 2,225 2,213 2,238 2,124 Strip Ratio w:o 5.0 5.7 29.4 6.5 6.6 Ore Milled kt 506 513 509 491 554 Silver Mill Feed Grade g/t 155.9 129.6 112.1 111.2 100.8 Silver Recovery % 95% 96% 95% 95% 95% Silver Production koz 2,409 2,050 1,739 1,661 1,697 Total Capital Spend $M $3.1 $4.8 $4.7 $9.8 $2.6 Cost of Sales (1) $/oz $16.80 $20.13 $25.91 $28.77 $29.58 AISC (2) $/oz $13.54 $18.39 $23.14 $29.52 $25.64 Quarterly Commentary ▪ Q3 2026 production of 1.7 Moz silver at cost of sales of $29.58/oz and AISC of $25.64/oz ▪ YTD production of 5.1 Moz silver at cost of sales of $28.05/oz and AISC of $25.88/oz ▪ SSR Mining has continued to identify additional ore that supports potential mine life extension at Puna, resulting in resequencing that defers lower-cost production from stockpiled ore that was planned to be processed in 2026 ▪ Exploration and resource development activities continuing at Cortaderas, which represents a longer-term mine life extension opportunity for Puna Location: Jujuy, Argentina Mining: Open Pit Processing: Flotation Land: ~12,000 ha Ownership: 100% 14|SSR MINING (1,2) (1) Cost of sales excludes depreciation, depletion, and amortization (2) AISC are a non-GAAP metric; please see endnotes and cautionary notes for a discussion on non -GAAP metrics and additional details; Cost of sales and AISC are reported per ounce of payable metal sold Chinchillas Pirquitas Mill Cortaderas Operations Project Puna Boundary Haul Road 5km
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15|SSR MINING Growing Organic Pipelines in the US and Canada Operations Exploration & Development Properties Joint Venture Property Chico Orchid Mari Lake Amisk Seabee • (1) The Converse Property is part of the recently announced Roxmore acquisition; please see endnotes for additional information (2) Measured and Indicated Mineral Resources are shown exclusive of Mineral Reserve; See endnotes and cautionary notes for additi onal information McIlvenna Bay • Flin Flon Seabee Porky Marigold Dobbin Denver HQ Converse Buffalo Valley New Millenium CC&V Amisk 106 25km Saskatchewan 25km Nevada Rock Creek • • • • Marigold Complex Dobbin Hot Spur Converse Currant Winnemucca Turquoise Ridge Elko Round Mountain • Goldrush / Fourmile (1) CC&V hosts 2.7 Moz of gold Mineral Reserves, plus an additional 4.8 Moz of M&I Mineral Resources (exclusive of Reserves) and 2.0 Moz of Inferred Mineral Resources supporting potential mine life extension (1)
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Appendix & Endnotes 16|SSR MINING
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New Millennium DG80 Buffalo Valley Porky Amisk Chinchillas / Melina Cortaderas Country USA USA USA Canada Canada Argentina Argentina Property Marigold Marigold Marigold Seabee Amisk Puna Puna Project Type Brownfield Brownfield Brownfield Brownfield Greenfield Brownfield Brownfield Commodity Au Au Au Au Au, Ag Ag, Zn, Pb Ag, Zn, Pb Mine Type Open Pit Open Pit Open Pit Underground Open Pit Open Pit Underground Current Mineral Reserves 653 koz Au (+348 koz Au) 486 koz Au 670 koz Au (+105 koz Au) 203 koz Au n/a 18.0 Moz Ag n/a Current M&I Mineral Resources (Exclusive) 850 koz Au (+123 koz Au) 105 koz Au 90 koz Au (+20 koz Au) 15 koz Au 1,028 koz Au 7.5 Moz Ag 6.6 Moz Ag 15.7 Moz Ag 248.8 Mlb Zn Current Inferred Mineral Resources 14 koz Au (-118 koz Au) 11 koz Au 110 koz Au (+67 koz Au) 71 koz Au 830 koz Au 5.6 Moz Ag 0.1 Moz Ag 24.1 Moz Ag 388.1 Mlb Zn Brownfield Growth Portfolio Update Compelling Opportunities for Potential Mine Life Extensions Across the Portfolio (1) All MRMR metrics as of December 31, 2025 unless otherwise stated; MRMR metrics for Buffalo Valley, New Millennium, DG80 are based on the 2026 Marigold TRS with an effective date of May 1, 2026; Melina is a target northeast of the current Chinchillas pit and is not included as part of SSR Mining’s December 31, 2025 MRMR totals (1) (1) (1) Changes to MRMR as part of 2026 Marigold TRS
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18|SSR MINING Çöpler Transaction On June 24, 2026, SSR Mining closed on the sale of its 80% ownership stake in the Çöpler mine and related properties in Türkiye (collectively, “Çöpler”) to Cengiz Holding A.S. pursuant to a definitive share purchase agreement dated March 24, 2026. Çöpler is classified as a discontinued operation in the Company’s financial reporting. For additional information, please refer to our website at www.ssrmining.com, or our filings on SEDAR at www.sedarplus.ca, and on EDGAR at www.sec.gov. Hod Maden Transaction On July 17, 2026, SSR Mining closed the sale of its 20% ownership stake and its operatorship position in the Hod Maden development project (“Hod Maden”) to Lidya mine pursuant to the definitive agreement dated May 18, 2026. Hod Maden is classified as a discontinued operation in the Company’s financial reporting. For additional information, please refer to our website at www.ssrmining.com, or our filings on SEDAR at www.sedarplus.ca, and on EDGAR at www.sec.gov. Roxmore Acquisition On October 13, 2026, SSR Mining announced that it entered into a definitive agreement to acquire all of the issued and outstanding shares of Roxmore Resources Inc. (TSX:RM). The acquisition is subject to the satisfaction of customary closing conditions, including court approval, and is expected to be completed in the fourth quarter of 2026. For additional information, please refer to our website at www.ssrmining.com, or our filings on SEDAR at www.sedarplus.ca, and on EDGAR at www.sec.gov. 2026 Marigold Technical Report & Transaction The information contained in this presentation should be read in conjunction with our press release titled “SSR Mining Announces 20-Year Life of Mine Plan for Marigold Based on Expanded 4.6 Million Ounce Mineral Reserve” dated October 13, 2026 as well as the 2026 Marigold TRS, with an effective date of May 1, 2026. The 2026 Marigold TRS has been prepared in accordance with Regulation S-K 1300 and is available on the Company’s website and on a Current Report on Form 8-K filed with the U.S. SEC. Capital Returns Track Record SSR Mining’s historical capital returns program includes dividends and Normal Course Issuer Bid (“NCIB”) repurchases between January 1, 2021 and September 30, 2026. Capital returns in 2021 – 2024 calculation includes share repurchases totaling $314 million and cash dividend payments totaling $160 million. Following the Çöpler incident in February 2024, the Company suspended dividends and ceased all share repurchases. During Q2 2026, the Company’s Board of Directors approved the reinstatement of a quarterly cash dividend of $0.03 per common share. On February 13, 2026, SSR Mining’s Board of Directors approved a share buyback program of up to $300 million and, on March 27, 2026, the Company received regulatory approval for its NCIB. Subsequently, on June 15, 2026, SSR Mining’s Board of Directors approved an additional $500 million for share repurchases and the reinstatement of a regular quarterly cash dividend of $0.03 per common share. Year-to-date as of September 30, 2026 capital returns include $531.4 million in share repurchases and $6.1 million in cash dividends. SSR Mining’s total capital returns yield is based off the company’s share price as of October 30, 2026. The current NCIB expires on March 30, 2027. M&A Track Record SSR Mining consolidated consensus NAV per share and consolidated consensus cash flow per share are sourced from CapIQ as of October 23, 2026. US + Canada Asset Acquisition Value includes initially announced acquisition price and subsequent property acquisitions for Marigold, Seabee and CC&V transactions. Current value analyst NAV are rounded and based on the 2026 Marigold TRS as well as Seabee and CC&V broker consensus research as of October 22, 2026; “Realized Cash” means revenue less cost of sales, exploration, evaluation, and reclamation expenditures, cash care and maintenance, capital expenditures and taxes; please see non-GAAP reconciliation for additional details. Realized proceeds from non-core asset sales include $320 million in implied value for the 4.0% net smelter return (“NSR”) royalty on 100% of the Hod Maden Project announced on May 18, 2026, $1.5 billion for the sale of Çöpler announced on March 4, 2026, $57.5 million for the sale of the San Luis project announced on November 27, 2023, $1.5 million for the sale of Sunrise Lake exploration property announced on October 17, 2023, $127 million for the sale of the Pitarrilla project announced on January 13th, 2022, $100 million for the sale of SSR Mining’s non-core royalty portfolio announced on July 29, 2021, and approximately $19 million in proceeds from the sale of non- core equity positions from April 1, 2021 to December 31, 2025. Endnotes 2025YE Mineral Reserves & Mineral Resources The Mineral Reserves and Mineral Resources (“MRMR”) information should be read in conjunction with Item 2. Properties in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 filed on February 17, 2026, the Technical Report Summaries for each of our material properties included as exhibits to our Annual Report on Form 10-K as well as the press release titled “SSR Mining Reports Full-Year Results and 2026 Operating Guidance” dated February 17, 2026. As per Subpart 1300 of Regulation S-K, the Company’s year-end 2025 MRMR are presented on an attributable basis, reflecting the Company’s ownership interest in each material property. Mineral Resources are presented exclusive of Mineral Reserves. SSR Mining’s America’s portfolio include Marigold, in Nevada, United States, Cripple Creek & Victor, located in Colorado, United States, Seabee, in Saskatchewan, Canada, and Puna, in Jujuy Province, Argentina. Gold equivalent ounce (GEO) figures for MRMR are based on the corporate commodity prices listed in the “Assumptions” section in this presentation. Metal equivalence is calculated for the respective and applicable metals as follows: GEO = Au oz + ((Ag oz * Ag price) + (Pb lb * Pb price per pound) + (Zn lb * Zn price per pound) + (Cu lb * Cu price per pound)) / (Au price per ounce). Metals prices used for preparation of the Mineral Reserves and Mineral Resources estimates were selected, in each case, by the Qualified Persons. Key assets are summarized in the tables below. Gold equivalent figures are based on the corporate commodity prices listed below. 2025 Metal Prices Assumptions Gold Silver Lead Zinc Copper Mineral Reserves ($/oz) ($/oz) ($/lb) ($/lb) ($/lb) CC&V $1,700 — — — — Seabee $2,000 — — — — Puna — $20.50 $0.90 $1.15 — Corporate $1,700 $20.50 $0.90 $1.15 $3.50 Gold Silver Lead Zinc Copper Mineral Resources ($/oz) ($/oz) ($/lb) ($/lb) ($/lb) CC&V $2,000 — — — — Seabee $2,200 — — — — Puna — $23.00 $0.95 $1.30 — Corporate $2,000 $23.00 $0.95 $1.30 $4.00 Disclosures & References
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Supplemental Mineral Reserve and Mineral Resource Information 19| We have included certain Mineral Reserves and Mineral Resources (“MRMR”) information throughout this document to assist in understanding our current operations. This information is provided to illustrate our operating base internally and to assist in decision-making, as well as to provide key information to senior management. We believe that, in addition to year-end data and mid-year Technical Report Summaries, prepared in accordance with Subpart 1300 of Regulation S-K, certain investors and other stakeholders will find this information useful to evaluate our operations. The MRMR information should be read in conjunction with Item 2. Properties in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 filed on February 17, 2026, the Technical Report Summaries for each of our material properties included as exhibits to our Annual Report on Form 10-K as well as the press release titled “SSR Mining Reports Full-Year Results and 2026 Operating Guidance” dated February 17, 2026. The Mineral Reserves and Mineral Resources (“MRMR”) information for Marigold should be read in conjunction with the Technical Report Summary filed on October 13, 2026 on Form 8-K with an effective date May 1, 2026. For additional information, please see cautionary notes, endnotes and other supplemental Mineral Reserve and Mineral Resource Information within this presentation for a discussion on 2025 year-end MRMR and the 2026 Marigold TRS. As per Subpart 1300 of Regulation S-K, the Company’s year-end 2025 MRMR are presented on an attributable basis, reflecting the Company’s ownership interest in each material property. Mineral Resources are presented exclusive of Mineral Reserves. SSR Mining’s America’s portfolio include Marigold, in Nevada, United States, Cripple Creek & Victor, located in Colorado, United States, Seabee, in Saskatchewan, Canada, and Puna, in Jujuy Province, Argentina. Gold equivalent ounce (GEO) figures for MRMR are based on the corporate commodity prices listed in the “Assumptions” section in this presentation. Metal equivalence is calculated for the respective and applicable metals as follows: GEO = Au oz + ((Ag oz * Ag price) + (Pb lb * Pb price per pound) + (Zn lb * Zn price per pound) + (Cu lb * Cu price per pound)) / (Au price per ounce). P+P Reserves M&I Resource Inferred Resource Asset Effective Tonnes (kt) Grade (g/t) Metal (koz) Tonnes (kt) Grade (g/t) Metal (koz) Tonnes (kt) Grade (g/t) Metal (koz) Marigold May 1, 2026 358,740 0.40 4,627 130,600 0.40 1,662 29,300 0.31 289 CC&V December 31, 2025 220,211 0.37 2,651 338,082 0.44 4,806 149,352 0.41 1,963 Seabee December 31, 2025 3,390 4.63 505 1,698 3.88 212 1,605 3.94 203 Amisk December 31, 2025 – – – 43,976 0.73 1,028 49,985 0.52 830 Total Gold 582,341 0.42 7,783 514,356 0.47 7,708 230,242 0.45 3,285 SSR Mining – Adjusted MRMR Summary Gold By Asset SSR MINING Gold koz Silver koz Lead Mlb Zinc Mlb GEO koz P+P Mineral Reserves 7,783 18,059 110 17 8,070 M&I Mineral Resources (Exclusive) 7,708 29,819 40 266 8,242 Inferred Mineral Resources 3,285 29,699 – 388 3,879 SSR Mining – Adjusted Corporate MRMR Summary
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Supplemental Mineral Reserve and Mineral Resource Information (continued) Marigold Mineral Reserves 20| The Mineral Reserves and Mineral Resources (“MRMR”) information for Marigold should be read in conjunction with the Technical Report Summary filed on October 13, 2026 on Form 8-K with an effective date May 1, 2026 as well as the press release titled “SSR Mining Announces 20-Year Life of Mine Plan for Marigold Based on Expanded 4.6 Million Ounce Mineral Reserve” dated October 13, 2026. Marigold’s Mineral Reserves and Mineral Resources have been classified in accordance with the definitions for Mineral Resources in SK 1300. Mineral Reserves and Mineral Resources have been reported on a 100% basis as SSR Mining wholly owns the property. Totals may vary due to rounding. Marigold Mineral Resources (1) The Marigold Mine Mineral Reserve estimate is based on a metal price assumption of $2,200/oz gold and is reported at a cu t-off grade of 0.069 g/t payable Au (Au assay factored for recovery, royalty, and net proceeds). (2) The Buffalo Valley Mineral Reserve estimate assumes ROM heap leach processing and a gold price of $2,200/oz. Cut -off grades range from 0.069 to 1.767 g/t payable Au, and metallurgical recoveries range from 3.1% to 79.2%, both varying by lithology/me tallurgical domain. (3) No mining dilution is applied to the grade of the Mineral Reserves. Dilution intrinsic to the Mineral Reserves estimate i s considered sufficient to represent the mining selectivity considered. (4) Bulk densities (in t/m3) were assigned by lithologies: alluvium = 2.10, Havallah = 2.48, Valmy/Antler = 2.4076+(0.0001*DEPTH), and Valmy = 2.64. For Buffalo Valley, bulk densities (in t/m3) were assigned by lithology ranging from a low of 2.426 (Overburden) to a high of 2.737 (Basalt) with a weighted average of 2.63. (5) All ounces reported represent troy ounces, and g/t represents grams per metric tonne. (6) The point of reference for Mineral Reserves is the entry to the carbon columns in the processing facility. Proven Probable Proven + Probable Metallurgical Tonnage Au Grade Gold Tonnage Au Grade Gold Tonnage Au Grade Gold Recovery (Mt) (g/t) (Moz) (Mt) (g/t) (Moz) (Mt) (g/t) (Moz) (%) Marigold — — — 240.4 0.46 3.52 240.4 0.46 3.52 73.5% Buffalo Valley — — — 45.3 0.46 0.67 45.3 0.46 0.67 65.9% Stockpile — — — 12.0 0.17 0.06 12.0 0.17 0.06 56.3% Leach Pad Inventory — — — 61.0 0.19 0.37 61.0 0.19 0.37 65.2% Total — — — 358.7 0.40 4.63 358.7 0.40 4.63 71.5% Measured Indicated Measured + Indicated Inferred Tonnage Au Grade Gold Tonnage Au Grade Gold Tonnage Au Grade Gold Tonnage Au Grade Gold (Mt) (g/t) (Moz) (Mt) (g/t) (Moz) (Mt) (g/t) (Moz) (Mt) (g/t) (Moz) Marigold — — — 125.0 0.39 1.57 125.0 0.39 1.57 18.1 0.30 0.18 Buffalo Valley — — — 5.6 0.53 0.09 5.6 0.53 0.09 11.2 0.31 0.11 Total — — — 130.6 0.40 1.66 130.6 0.40 1.66 29.3 0.31 0.29 (1) Marigold Mine is based on an optimized pit shell at a cut -off grade of 0.069 g/t payable gold (gold assay factored for recov ery, royalty, and net proceeds). Buffalo Valley is based on a cut -off grade of 0.10 g/t to 0.32 g/t contained gold, depending on material type. (2) Marigold metallurgical recoveries vary with gold grade. Buffalo Valley metallurgical recoveries vary with gold grade and lithology. (3) For Marigold, bulk densities (in t/m3) were assigned by lithologies: alluvium = 2.10, Havallah = 2.48, Valmy/Antler = 2.4076+(0.0001*DEPTH), and Valmy = 2.64, below 533 m. For Buffalo Valley, bulk densities (in t/m3) wer e assigned by lithology, ranging from a low of 2.095 (Overburden) to a high of 2.725 (Basalt). (4) The Mineral Resources estimate is reported below the as -mined surface as of May 1, 2026, for Marigold, and below the as -mined surface as of May 1, 2026, for Buffalo Valley. (5) The point of reference for Mineral Resources is the entry to the carbon columns in the processing facility. (6) Mineral Resources are reported exclusive of Mineral Reserves. (7) Gold grades are given in grams per metric tonne (g/t) SSR MINING
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As of (in thousands) September 30, 2026 December 31, 2025 Cash and cash equivalents from continuing operations (GAAP) $1,554,823 $515,561 Borrowing capacity on credit facility $600,000 $400,000 Borrowing capacity on accordion feature of credit facility — $100,000 Total liquidity from continuing operations (non-GAAP) (1) $2,154,823 $1,015,561 21|SSR MINING We have included certain non-GAAP performance measures throughout this document to assist in understanding our financial results. These performance measures are employed by us to measure our operating and economic performance internally and to assist in decision- making, as well as to provide key performance information to senior management. We believe that, in addition to measures prepared in accordance with GAAP, certain investors and other stakeholders will find this information useful to evaluate our operating and financial performance; however, these non-GAAP performance measures do not have any standardized meaning. These performance measures are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. Our definitions of our non-GAAP financial measures may not be comparable to similarly titled measures reported by other companies. These non-GAAP measures should be read in conjunction with our condensed consolidated interim financial statements. Total Cash, Total Debt, Net Cash (Debt), Total Liquidity, Cash costs, AISC per ounce sold, adjusted net income (loss) attributable to SSR Mining shareholders, free cash flow, and mine site free cash flow are Non-GAAP Measures with no standardized definition under U.S. GAAP. As of (in thousands) September 30, 2026 December 31, 2025 Cash and cash equivalents from continuing operations (GAAP) $1,554,823 $515,561 Total cash from continuing operations (non-GAAP) $1,554,823 $515,561 Face value of Convertible Notes — $230,000 Total debt from continuing operations (non-GAAP) — $230,000 Net cash (debt) from continuing operations (non-GAAP) $1,554,823 $285,561 (1) Excludes letters of credit. As of September 30, 2026, and December 31, 2025, the company had $0.5 million in letters of credit. Inclusive of these letters of credit, total liquidity from continuing operations is $2,155.3 million as of September 30, 2026 and $1,016.1 million as of December 31, 2025. Total Cash, Total Debt, Net Cash (Debt) and Total Liquidity Total cash, Total debt, and Net cash (debt) are used by management and investors to measure the Company's underlying operating performance. The Company believes that these measures are useful measures for shareholders as they help evaluate liquidity, available cash, and the Company’s financial position. The Company believes that liquidity and available cash will be sufficient to sustain the operational needs of the Company for the next twelve months. Total cash is calculated as Cash and cash equivalents plus Restricted cash and Total debt is calculated as the face value of the Company’s Convertible Notes plus other current debt. Net debt is calculated as Total cash less Total debt. Items used in these calculations may not be shown in tables when the values for both periods are zero. Total liquidity is calculated as Cash and cash equivalents plus Restricted cash and borrowing capacity under current revolving credit facilities, including accordion features. As of September 30, 2026, no borrowings were outstanding on the Company’s $600 million credit facility. The following table provides a reconciliation of Cash and cash equivalents to Total liquidity:The following table provides a reconciliation of Cash and cash equivalents to Total cash, Total debt, and Net cash: Non-GAAP Reconciliation
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Non-GAAP Reconciliation (Continued) (1) Excludes depreciation, depletion, and amortization. (2) General and administrative expense for the three months ended September 30, 2026, included $23.0 million in share based compensation expense. (3) Effective January 1, 2026, the Company calculates GEOs using a fixed silver-to-gold ratio of 63:1. The Company does not include by-products in the GEO calculations. GEOs sold may not re-calculate based on amounts presented in this table due to rounding. Three Months Ended September 30, 2026 (in thousands, unless otherwise noted) Marigold CC&V Seabee Puna Corporate Total From Continuing Operations Cost of sales (GAAP) (1) $59,026 $48,459 $24,266 $55,336 — $187,087 By-product credits ($54) ($552) ($32) ($8,658) — ($9,296) Treatment and refining charges $69 $59 $52 ($2,384) — ($2,204) Cash costs (non-GAAP) $59,041 $47,966 $24,286 $44,294 — $175,587 Sustaining capital and lease related expenditures $20,787 $14,294 $8,782 $2,431 — $46,294 Sustaining exploration and evaluation expense $4 — — — — $4 Reclamation cost accretion and amortization $864 $3,838 $644 $1,228 — $6,574 General and administrative expense and stock-based compensation expense (2) — — — — $40,988 $40,988 Total AISC (non-GAAP) $80,696 $66,098 $33,712 $47,953 $40,988 $269,447 Gold sold (oz) 29,728 31,095 16,100 — — 76,923 Silver sold (oz) — — — 1,870,449 — 1,870,449 Gold equivalent sold (oz) (3) 29,728 31,095 16,100 29,690 — 106,613 Cost of sales per gold ounces sold $1,986 $1,558 $1,507 N/A N/A N/A Cost of sales per silver ounces sold N/A N/A N/A $29.58 N/A N/A Cost of sales per GEO sold (3) $1,986 $1,558 $1,507 $1,864 N/A $1,755 Cash cost per gold ounce sold $1,986 $1,543 $1,508 N/A N/A N/A Cash cost per silver ounce sold N/A N/A N/A $23.68 N/A N/A Cash cost per GEO sold (3) $1,986 $1,543 $1,508 $1,492 N/A $1,647 AISC per gold ounce sold $2,714 $2,126 $2,094 N/A N/A N/A AISC per silver ounce sold N/A N/A N/A $25.64 N/A N/A AISC per GEO sold (3) $2,714 $2,126 $2,094 $1,615 N/A $2,527 Cash Costs and AISC 22|SSR MINING Cash Costs and All-In Sustaining Costs (“AISC”) per payable ounce of gold and respective unit cost measures are non-U.S. GAAP metrics developed by the World Gold Council to provide transparency into the costs associated with producing gold and provide a standard for comparison across the industry. The World Gold Council is a market development organization for the gold industry. The Company uses cash costs per ounce of precious metals sold and AISC per ounce of precious metals to monitor its operating performance internally. The most directly comparable measure prepared in accordance with GAAP is cost of sales. The Company believes this measure provides investors and analysts with useful information about its underlying cash costs of operations and the impact of by- product credits on its cost structure. The Company also believes these are relevant metrics used to understand its operating profitability. When deriving the cost of sales associated with an ounce of precious metal, the Company includes by-product credits, which allows management and other stakeholders to assess the net costs of gold and silver production. AISC includes total cost of sales incurred at the Company's mining operations, which forms the basis of cash costs. Additionally, the Company includes sustaining capital expenditures, sustaining mine-site exploration and evaluation costs, reclamation cost accretion and amortization, and general and administrative expenses. This measure seeks to reflect the ongoing cost of gold and silver production from current operations; therefore, growth capital is excluded. The Company determines sustaining capital to be capital expenditures that are necessary to maintain current production and execute the current mine plan. The Company determines growth capital to be those payments used to develop new operations or related to projects at existing operations where those projects will materially benefit the operation. The Company believes that AISC provides additional information to management and stakeholders that provides visibility to better define the total costs associated with production and better understanding of the economics of the Company's operations and performance compared to other producers. In deriving the number of ounces of precious metal sold, the Company considers the physical ounces available for sale after the treatment and refining process, commonly referred to as payable metal, as this is what is sold to third parties. The following table provides a reconciliation of Cost of sales to Cash costs and AISC:
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Non-GAAP Reconciliation (Continued) (1) Excludes depreciation, depletion, and amortization. (2) General and administrative expense for the nine months ended September 30, 2026, included $53.8 million in share based compensation expense. (3) Effective January 1, 2026, the Company calculates GEOs using a fixed silver-to-gold ratio of 63:1. The Company does not include by-products in the GEO calculations. GEOs sold may not re-calculate based on amounts presented in this table due to rounding. Nine Months Ended September 30, 2026 (in thousands, unless otherwise noted) Marigold CC&V Seabee Puna Corporate Total From Continuing Operations Cost of sales (GAAP) (1) $189,503 $147,693 $72,527 $146,155 — $555,878 By-product credits ($182) ($6,708) ($73) ($25,285) — ($32,248) Treatment and refining charges $177 $191 $117 ($6,362) — ($5,877) Cash costs (non-GAAP) $189,498 $141,176 $72,571 $114,508 — $517,753 Sustaining capital and lease related expenditures $72,662 $33,681 $33,541 $16,791 — $156,675 Sustaining exploration and evaluation expense $3 — — — — $3 Reclamation cost accretion and amortization $2,444 $11,513 $1,765 $3,535 — $19,257 General and administrative expense and stock-based compensation expense (2) — — — — $107,118 $107,118 Total AISC (non-GAAP) $264,607 $186,370 $107,877 $134,834 $107,118 $800,806 Gold sold (oz) 98,957 97,841 37,937 — — 234,735 Silver sold (oz) — — — 5,209,598 — 5,209,598 Gold equivalent sold (oz) (3) 98,957 97,841 37,937 82,692 — 317,427 Cost of sales per gold ounces sold $1,915 $1,510 $1,912 N/A N/A N/A Cost of sales per silver ounces sold N/A N/A N/A $29.58 N/A N/A Cost of sales per GEO sold (3) $1,915 $1,510 $1,912 $1,767 N/A $1,751 Cash cost per gold ounce sold $1,915 $1,443 $1,913 N/A N/A N/A Cash cost per silver ounce sold N/A N/A N/A $21.98 N/A N/A Cash cost per GEO sold (3) $1,915 $1,443 $1,913 $1,385 N/A $1,631 AISC per gold ounce sold $2,674 $1,905 $2,844 N/A N/A N/A AISC per silver ounce sold N/A N/A N/A $25.88 N/A N/A AISC per GEO sold (3) $2,674 $1,905 $2,844 $1,631 N/A $2,523 Cash Costs and AISC 23|SSR MINING Cash Costs and All-In Sustaining Costs (“AISC”) per payable ounce of gold and respective unit cost measures are non-U.S. GAAP metrics developed by the World Gold Council to provide transparency into the costs associated with producing gold and provide a standard for comparison across the industry. The World Gold Council is a market development organization for the gold industry. The Company uses cash costs per ounce of precious metals sold and AISC per ounce of precious metals to monitor its operating performance internally. The most directly comparable measure prepared in accordance with GAAP is cost of sales. The Company believes this measure provides investors and analysts with useful information about its underlying cash costs of operations and the impact of by- product credits on its cost structure. The Company also believes these are relevant metrics used to understand its operating profitability. When deriving the cost of sales associated with an ounce of precious metal, the Company includes by-product credits, which allows management and other stakeholders to assess the net costs of gold and silver production. AISC includes total cost of sales incurred at the Company's mining operations, which forms the basis of cash costs. Additionally, the Company includes sustaining capital expenditures, sustaining mine-site exploration and evaluation costs, reclamation cost accretion and amortization, and general and administrative expenses. This measure seeks to reflect the ongoing cost of gold and silver production from current operations; therefore, growth capital is excluded. The Company determines sustaining capital to be capital expenditures that are necessary to maintain current production and execute the current mine plan. The Company determines growth capital to be those payments used to develop new operations or related to projects at existing operations where those projects will materially benefit the operation. The Company believes that AISC provides additional information to management and stakeholders that provides visibility to better define the total costs associated with production and better understanding of the economics of the Company's operations and performance compared to other producers. In deriving the number of ounces of precious metal sold, the Company considers the physical ounces available for sale after the treatment and refining process, commonly referred to as payable metal, as this is what is sold to third parties. The following table provides a reconciliation of Cost of sales to Cash costs and AISC:
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Adjusted Net Income (Loss) per Share Attributable to SSR Mining Shareholders Non-GAAP Reconciliation (Continued) Three Months Ended September 30, 2026 Nine Months Ended September 30, 2026 (in thousands, except per share) 2026 2025 2026 2025 Net income (loss) attributable to SSR Mining shareholders (GAAP) $79,883 $65,441 $70,719 $214,297 Net income (loss) attributable to SSR Mining shareholders from discontinued operations (GAAP) ($14,955) ($28,487) ($411,805) ($96,169) Net income attributable to SSR Mining shareholders from continuing operations (GAAP) $94,838 $93,928 $482,524 $310,466 Interest saving on 2019 Notes, net of tax — $1,248 $916 $3,727 Net income used in the calculation of diluted net income per share from continuing operations $94,838 $95,176 $483,440 $314,193 Weighted-average shares used in the calculation of net income (loss) per share Basic 202,930 202,783 205,511 202,660 Diluted 204,069 217,464 210,119 217,018 Net income per share attributable to SSR Mining shareholders from continuing operations Basic $0.47 $0.46 $2.35 $1.53 Diluted $0.46 $0.44 $2.30 $1.45 Adjustments: CC&V transaction and integration costs — $7,287 — $19,040 Reclamation costs (1) $43,515 — $43,515 — Litigation costs and settlement (2) $3,850 — $3,850 — Income tax impact related to above adjustments ($11,466) — ($11,466) — Adjusted net income attributable to SSR Mining shareholders from continuing operations (Non -GAAP) (3) $130,737 $101,215 $518,423 $329,506 Adjusted net income per share attributable to SSR Mining shareholders from continuing operations (Non -GAAP) Basic $0.64 $0.50 $2.52 $1.63 Diluted (4) $0.64 $0.47 $2.47 $1.54 24|SSR MINING (1) Represents revisions in cost estimate assumptions associated with water management and tailings storage facilities at Puna. (2) Represents the settlement of certain putative wage and hour class action litigation matters at CC&V and Marigold, both of which were paid during the three and nine months ended September 30, 2026. The settlements are unrelated to our core ongoing business operations and are nonrecurring. (3) During the second quarter, the Company revised its calculation of adjusted attributable net income (loss) to no longer exclude (i) inflation-related tax impacts in Argentina and (ii) changes in the fair value of marketable securities that are held as part of the Company's strategy to manage foreign exchange exposure associated with the devaluation of the ARS. The adjustments were historically excluded due to the significant volatility associated with Argentina's inflationary environment and the resulting fluctuations in tax expense. Based on recent economic data, management concluded that these impacts are no longer reflective of unusual or non-recurring economic conditions. Accordingly, the Company removed the adjustments from its non-GAAP measure and revised prior-period amounts to conform to the current-period presentation. The change increased adjusted attributable net income (loss) by $0.7 million and $14.3 million for the three and nine months ended September 30, 2026, respectively, and by $6.9 million and $14.8 million for the three and nine months ended September 30, 2025, respectively. (4) Adjusted net income (loss) per diluted share attributable to SSR Mining shareholders from continuing operations is calculated using diluted common shares, which are calculated in accordance with GAAP. Adjusted net income (loss) attributable to SSR Mining Shareholders and adjusted net income (loss) per share attributable to SSR Mining Shareholders are used by management to measure the Company's underlying operating performance. We believe these measures are useful for shareholders to assess the Company’s operating performance. The most directly comparable financial measures prepared in accordance with GAAP are net income (loss) attributable to SSR Mining shareholders and net income (loss) per share attributable to SSR Mining shareholders. Adjusted net income (loss) attributable to SSR Mining shareholders is defined as net income (loss) adjusted to exclude the after-tax impact of specific items that are significant, but not reflective of the Company's underlying operations, including the impacts of impairment charges. Adjusted net income (loss) per share attributable to SSR Mining shareholders is defined as Adjusted net income attributable to SSR Mining shareholders divided by the corresponding Weighted-average shares used in the calculation of net income (loss) per share during the period. The following table provides a reconciliation of Net income (loss) attributable to SSR Mining shareholders to Adjusted net income (loss) attributable to SSR Mining shareholders and Net income (loss) per share attributable to SSR Mining shareholders to Adjusted net income (loss) per share attributable to SSR Mining shareholders: The following table provides a reconciliation of Net income (loss) attributable to SSR Mining shareholders to Adjusted net income (loss) attributable to SSR Mining shareholders and Net income (loss) per share attributable to SSR Mining shareholders to Adjusted net income (loss) per share attributable to SSR Mining shareholders:
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Free Cash Flow and Mine Site Free Cash Flow The Company uses free cash flow and mine site free cash flow to supplement information in its condensed consolidated financial statements. The most directly comparable financial measure prepared in accordance with GAAP to free cash flow is cash provided by operating activities and the most directly comparable financial measure prepared in accordance with GAAP to mine site free cash flow is mine segment revenue. The Company believes that in addition to measures prepared in accordance with GAAP, certain investors and analysts use this information to evaluate the ability of the Company to generate cash flow after capital investments and build the Company's cash resources and, with respect to one of mine segments, to evaluate the cash generated from a mine. The Company calculates free cash flow by deducting cash capital spending from cash generated by operating activities. The Company does not deduct payments made for business acquisitions. The Company calculates mine site free cash flow by deducting cost of sales, exploration, evaluation, and reclamation expenditures, cash care and maintenance, capital expenditures and taxes from revenue from a particular segment. Figures presented in the tables below may not add due to rounding. We also present free cash flow from continuing operations, operating cash flow before working capital adjustments and free cash flow before working capital adjustments as non-GAAP cash flow measures to supplement our operating cash flow and free cash flow (non-GAAP) measures. Management uses these measures to assess the Company’s underlying operating performance and to facilitate period-to-period comparisons of the Company’s ability to generate cash flow from its continuing business, independent of fluctuations in working capital. We believe presenting both operating cash flow and free cash flow before working capital adjustments, which reflects an exclusion of net changes in operating assets and liabilities, will be useful for investors because it presents cash flow that is actually generated from the continuing business. The Company calculates cash generated by (used in) operating activities before changes in working capital by adjusting cash generated by (used in) operating activities by the net change in operating assets and liabilities. The Company also calculates free cash flow before changes in working capital by deducting cash capital spending from cash flow from operating activities before changes in working capital. We also present operating Mine site free cash flow as non-GAAP measure to supplement our operating cash flow and free cash flow (non-GAAP) measures. The Company calculates mine site free cash flow as revenue less cost of sales, exploration, evaluation, and reclamation expenditures, cash care and maintenance, capital expenditures and taxes. We believe presenting asset level revenue minus large cash expenditures will be useful for investors because it represents a view of how much cash is actually generated and spent that is directly attributable to a specific site. The following table provides a reconciliation of cash provided by operating activities to Free cash flow: The following table provides a reconciliation of Mine site free cash flow for Marigold, Seabee, and CC&V: 25|SSR MINING Three Months Ended September 30, Nine Months Ended September 30, (in thousands of US dollars) 2026 2025 2026 2025 Cash provided by operating activities from operations (GAAP) $92,078 $56,847 $456,870 $296,740 Cash provided by (used in) operating activities from discontinued operations (GAAP) ($13,931) ($49,062) ($69,596) ($79,095) Cash provided by operating activities from continuing operations (GAAP) $106,009 $105,909 $526,466 $375,835 Expenditures on mineral properties, plant and equipment from continuing operations ($100,195) ($41,332) ($221,556) ($116,837) Free cash flow from continuing operations (non-GAAP) $5,814 $64,577 $304,910 $258,998 Since Acquisition (in millions of US dollars) Marigold Seabee CC&V Combined Revenue (GAAP) $4,585.0 $1,725.0 $900.0 $7,210.0 Cost of sales ($2,455.0) ($685.0) ($305.0) ($3,445.0) Exploration & reclamation ($115.0) ($115.0) ($30.0) ($255.0) Care & maintenance (cash) $0.0 ($25.0) $0.0 ($25.0) Capital expenditures ($785.0) ($330.0) ($100.0) ($1,220.0) Mine site free cash flow before taxes (non-GAAP) $1,230.0 $570.0 $465.0 $2,265.0 Taxes (1) ($175.0) ($145.0) ($90.0) ($410.0) Mine site free cash flow (non-GAAP) $1,055.0 $425.0 $375.0 $1,855.0 (1) Represents federal and state taxes paid since acquisition. Three Months Ended September 30 Nine Months Ended September 30 (in thousands of US dollars) 2026 2025 2026 2025 Cash provided by operating activities from operations (GAAP) $92,078 $56,847 $456,870 $296,740 Cash provided by (used in) operating activities from discontinued operations (GAAP) ($13,931) ($49,062) ($69,596) ($79,095) Cash provided by operating activities from continuing operations (GAAP) $106,009 $105,909 $526,466 $375,835 Net change in operating assets and liabilities $104,946 $54,628 $181,475 $100,454 Cash provided by operating activities from continuing operations before changes in working capital (non-GAAP) $210,955 $160,537 $707,941 $476,289 Expenditures on mineral properties, plant and equipment from continuing operations ($100,195) ($41,332) ($221,556) ($116,837) Free cash flow from continuing operations before changes in working capital (non - GAAP) $110,760 $119,205 $486,385 $359,452 The following table provides a reconciliation of cash provided by operating activities to cash generated by (used in) operating activities before changes in working capital, and free cash flow before changes in working capital: Non-GAAP Reconciliation (Continued)
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www.ssrmining.com invest@ssrmining.com SSR Mining Inc. Website: www.ssrmining.com Email: invest@ssrmining.com Toll-free: +1 (888) 338-0046 SSRM:NASDAQ / TSX