Agnico Eagle COVID-19 and Operations Update
Focused on Growing Value on a per Share Basis
Consistent Strategy that Works
Grow per share gold production at a measured and sustainable rate
Production per 1000 shares Compound Annual
Growth Rate ("CAGR") from 2005 to 2022 of 7%
vs an average of -5% for North American Peers
AGNICO EAGLE
NAV per Share CAGR from 2005 to 2020 of 11%
vs an average of 3% for North American Peers
10.0
9.0
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
10
2005
2006
2007
2008
2009
2010
2011
2012
Source: Company reports
Production Per 1000 Shares
2013
2014
2015
2016
2017
2018
2019
2020E
2021E
2022E
-5%
90
0%
10%
15%
11%
NAVPS CAGR
(January 1, 2005 - December 31, 2020)
5%
5%
4%
4%
3%
3%
1%
Agnico Eagle
Yamana
Kinross
Newmont
Peers Average*
Source: Scotia bank Global Banking and Markets, Bloomberg
* Peers Average includes Barrick, Newmont, Kinross, Yamana, IAMGOLD
IAMGOLD
Barrick
CIBC 24th Annual Western Institutional Investor Conference | 6View entire presentation