Endeavour Mining Results Presentation Deck slide image

Endeavour Mining Results Presentation Deck

ATTRACTIVE SHAREHOLDER RETURNS PROGRAMME Minimum progressive dividend provides visibility during growth phase Cumulative Shareholder Returns Programme SHAREHOLDER RETURNS POLICY > In 2021, Endeavour implemented a shareholder returns programme that is composed of a minimum progressive dividend of: FY-2021: $125m (whereas $140m was paid inclusive of excess returns) FY-2022: $150m - FY-2023: $175m > The minimum commitment dividend may be supplemented with additional dividends and buybacks, provided that the prevailing gold price remains above $1,500/oz and that Endeavour's leverage remains below 0.5x Net Debt / adjusted EBITDA During Q1-2021, Endeavour paid its H2-2021 dividend of $70m ($0.28 per share), totalling $140m ($0.56 per share) for FY-2021, which represents $15m more than the minimum dividend commitment > In Q1-2022, EDV bought back 1.3 million shares for $31m. To date, a total of 7.4 million shares have been repurchased for a sum of $169m since the start of the buyback programme on 9 April 2021 $200m $169m Cumulative Dividends Cumulative Buybacks paid to-date made to-date $369m Cumulative returns to-date +$150m www FY-2022 +$175m: FY-2023 Minimum Dividend Commitment ENDEAVOUR MINING $694m + excess returns Minimum Expected Returns (FY 2020-2023) 13
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