Coeur Mining — May 7, 2025 release

“Despite the first quarter being our softest quarter of the year, we achieved our fourth consecutive quarter of positive earnings per share and delivered $18 million of free cash flow even after approximately $130 million of one-time and first-quarter specific outflows. The Company’s quarterly adjusted EBITDA jumped sharply to $149 million, bringing our last twelve-month total to $444 million and keeping us on-track to generate over $700 million of adjusted EBITDA at much higher overall margins this year. It was less than twenty-four months ago that our last twelve-month adjusted EBITDA was just $102 million, which highlights the magnitude of the Company’s transformation after several years of heavy investment, the impact of the recent SilverCrest acquisition, and the added benefit of higher gold and silver prices. “Aided by the addition of SilverCrest’s pristine balance sheet, we reduced our RCF by another $85 million, leaving a remaining balance of $110 million. In addition, we used proceeds from the sale of SilverCrest’s bullion and finished goods inventory to close out $42 million of outstanding metal prepayments and add to our cash balance during the quarter. With the high-margin contribution from the newly-acquired Las Chispas silver and gold mine, Rochester’s continued momentum during its first year post-expansion, and consistent performance from our other three operations, we expect to generate average quarterly free cash flow of $75 to $100 million during the remainder of the year, allowing us to rapidly pay down debt while continuing to reinvest in high-return organic growth opportunities and focusing on ways to