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Investor Presentaiton

Soto Norte overview - Previously known as La Bodega and El Gigante, Soto Norte is an advanced feasibility-stage underground gold project undergoing permitting Feasibility Study Highlights 1,2,3 5.0 Moz @ 6.22 g/t Probable Mineral Reserves Production (processing) & AISC schedule¹ 1000 600 450 koz per year Gold production 900 8.5 Moz @ 5.47 g/t Indicated Mineral Resources US$471/oz AISC (LOM average) 3.6 Moz @ 4.06 g/t Inferred Mineral Resources 14-year mine life (Mining, Reserves only) US$1.2 billion Development capex³ Gold production (koz) 500 400 800 700 600 300 500 200 100 US$1.5 billion Post-tax NPV4 (5%) 0 1 2 3 4 5 6 7 8 9 10 Statistics per N1I43-101 Feasibility Study. 100% basis. Notes: 1. 2. 3. 4. Assumes gold price of US$1,6575 per ounce See Appendix for full disclosure of Mineral Reserve and Mineral Resource estimates. Indicated Resources inclusive of Reserves. Includes contingency costs and pre-production operating costs Production AISC 0 400 300 200 100 ARIS GOLD 5 AISC (US$/oz)
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