Agnico Eagle COVID-19 and Operations Update

Gold Ounces (in Millions) Gold Production Forecast to Increase by 24% from 2020 to 2022 Key Pipeline Projects Expected to Drive Future Production Growth 2.50 Key Near-Term Pipeline Projects (2020-2023) Kittila expansion Meliadine Phase 2 expansion Amaruq U/G Odyssey, East Malartic & East Gouldie U/G AGNICO EAGLE $1,000 $950 2.10 2.05 $900 2.00 1.78 1.67 1.66 1.71 1.63 1.70* $850 $800 1.50 1.43 $750 1.10 1.04 $700 1.00 $650 $600 0.50 $550 $500 0.00 $450 2012 2013 2014 2015 2016 2017 2018 2019 2020E 2021E 2022E 2023E and onwards *Mid-point of new 2020 Guidance issued to reflect impact of COVID-19 pandemic on AEM's operations Production Cash Costs CIBC 24th Annual Western Institutional Investor Conference 5 Cash Costs

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