Endeavour Mining Investor Presentation Deck

ATTRACTIVE SHAREHOLDER RETURNS PROGRAMME Minimum dividend commitment of +$500m for FY-2020 to 2023 SHAREHOLER RETURNS POLICY Minimum Progressive Dividend > Provides dividend visibility during growth phases > Payable semi-annually if gold price remains above $1,500/oz. Below that, dividend will be discretionary based on balance sheet strength + Supplemental Shareholder Returns > Potential to continue to pay higher dividend and pursue opportunistic share buyback program if leverage is below 0.5x Net Debt / EBITDA Progressive Dividend Policy Supplemental Dividend Minimum Dividend Paid Minimum Dividend Committed $60m ($0.37/sh) FY-2020A $140m ($0.57/sh) FY-2021A $150m FY-2022E ENDEAVOUR MINING $175m FY-2023E 23

View entire presentation