Agnico Eagle COVID-19 and Operations Update

(In Thousands) Agnico Eagle's Long History of Returning Value to Shareholders Dividend Increased by 75% in Q3 2020 to an annualized rate $1.40/share AGNICO EAGLE $300,000 $250,000 $200,000 $150,000 $100,000 $50,000 ~$1.3B in cumulative dividends over the last 38 years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020** Total Annual Dividend Q1 2020 Q2 2020 Q3 2020 E.Q4 2020 Average Gold Price **Q4 dividend assumes consistent payment as per Q3, Q4 dividend has not yet been declared or approved $2,500 $2,000 $1,500 $1,000 $500 CIBC 24th Annual Western Institutional Investor Conference 11 US$ per ounce

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