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Coeur Mining, Inc.
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 2023 Proxy Statement Highlights  May 2023 
 
 This presentation contains forward‐looking statements within the meaning of securities legislation in the United States and Canada, including statements involving strategic priorities and company strategies, executive compensation program components and environmental, social and governance (“ESG”) initiatives and expectations regarding Coeur Mining, Inc.’s (“Coeur’s”) properties. Such forward‐looking statements involve known and unknown risks, uncertainties, and other factors which may cause Coeur’s actual results, performance, or achievements to be materially different from any future results, performance, or achievements expressed or implied by the forward‐looking statements. Such factors include, among others, the risks and hazards inherent in the mining business (including risks inherent in developing large‐scale mining projects, environmental hazards, industrial accidents, weather, or geologically related conditions), changes in the market prices of gold and silver, and a sustained lower price or higher treatment and refining charge environment, the impact of geopolitical conditions, pandemics or epidemics, climate change, extreme weather events and other macro conditions, including disruptions to operations, the need for heightened health and safety protocols, inflation and disruptions to our vendors, suppliers and the communities where we operate; the uncertainties inherent in Coeur’s production, exploratory and developmental activities, including risks relating to permitting and regulatory delays (including the impact of government shutdowns), ground conditions, grade and recovery rate variability, any future labor disputes, or work stoppages, the uncertainties inherent in the estimation of mineral reserves and resources, changes that could result from Coeur’s future acquisition of new mining properties or businesses, the loss of access to or insolvency of any third‐party smelter to which Coeur markets its production, the effects of environmental and other governmental regulations, the risks inherent in the ownership or operation of or investment in mining properties or businesses in foreign countries, Coeur’s ability to raise additional financing necessary to conduct its business, make payments or refinance its debt as well as other uncertainties and risk factors set out in filings made from time to time with the United States Securities and Exchange Commission, and the Canadian securities regulators, including, without limitation, Coeur’s most recent report on Form 10‐K. Actual results, developments, and timetables could vary significantly from the estimates presented. Readers are cautioned not to put undue reliance on forward looking statements. Coeur disclaims any intent or obligation to update publicly such forward‐looking statements, whether as a result of new information, future events, or otherwise. Additionally, Coeur undertakes no obligation to comment on analyses, expectations, or statements made by third parties in respect of Coeur, its financial or operating results or its securities.  Non‐U.S. GAAP Measures ‐ We supplement the reporting of our financial information determined under United States generally accepted accounting principles (U.S. GAAP) with certain non‐U.S. GAAP financial measures, including adjusted EBITDA, free cash flow and adjusted costs applicable to sales per ounce. We believe that these adjusted measures provide meaningful information to assist management, investors and analysts in understanding our financial results and assessing our prospects for future performance. We believe these adjusted financial measures are important indicators of our recurring operations because they exclude items that may not be indicative of, or are unrelated to our core operating results, and provide a better baseline for analyzing trends in our underlying businesses. We believe adjusted EBITDA, free cash flow and adjusted costs applicable to sales are important measures in assessing the Company’s overall financial performance.  Website references included throughout this presentation are provided for convenience only, and the contents of websites do not constitute a part of and are not incorporated by reference into this presentation. 
 
 Mineral Reserves and Resources  Coeur is subject to the reporting requirements of the Exchange Act and applicable Canadian securities laws, and as a result we report our mineral reserves and mineral resources according to two different standards. U.S. reporting requirements, are governed by Item 1300 of Regulation S-K (‘‘S-K 1300’’), as issued by the U.S. Securities and Exchange Commission (‘‘SEC’’). Canadian reporting requirements for disclosure of mineral properties are governed by National Instrument 43-10 Standards of Disclosure for Mineral Projects (‘‘NI 43-101’’), as adopted from the definitions provided by the Canadian Institute of Mining, Metallurgy and Petroleum. Both sets of reporting standards have similar goals in terms of conveying an appropriate level of confidence in the disclosures being reported, but the standards embody slightly different approaches and definitions.  In Coeur’s public filings in the U.S. and Canada and in certain other announcements not filed with the SEC, we disclose proven and probable reserves and measured, indicated and inferred resources, each as defined in S-K 1300. The estimation of measured resources and indicated resources involves greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves, and therefore investors are cautioned not to assume that all or any part of measured or indicated resources will ever be converted into S-K 1300-compliant reserves. The estimation of inferred resources involves far greater uncertainty as to their existence and economic viability than the estimation of other categories of resources, and therefore it cannot be assumed that all or any part of inferred resources will ever be upgraded to a higher category. Therefore, investors are cautioned not to assume that all or any part of inferred resources exist, or that they can be mined legally or economically. 
 
 In connection with the solicitation of proxies, Coeur filed with the SEC and mailed to stockholders a definitive proxy statement dated March 30, 2023 (the “Proxy Statement”). The Proxy Statement contains important information about Coeur and its 2023 Annual Stockholders’ Meeting. Stockholders are urged to read the Proxy Statement carefully. Stockholders may obtain additional free copies of the Proxy Statement and other relevant documents filed with the SEC by Coeur through the web site maintained by the SEC at www.sec.gov. The Proxy Statement and other relevant documents may also be obtained free of charge from Coeur by contacting Investor Relations in writing at Coeur Mining, Inc., Investor Relations, 200 South Wacker Drive, Suite 2100, Chicago, IL 60606 or by telephone at (312) 489-5800. The Proxy Statement and other SEC filings are also available at www.coeur.com/investors/overview/. The contents of the web sites referenced above are not deemed to be incorporated by reference into the Proxy Statement. Stockholders may also call our solicitors if they have questions or need assistance voting their shares, or with requests for additional copies of the proxy materials: Morrow Sodali LLC at (203) 658-9400. 
 
 Relevant Terms  We use the following terms in this presentation and in the Proxy Statement to describe our operations and results, some of which are non-GAAP financial measures. Please see the applicable non-GAAP reconciliation tables in the appendix to this presentation  Adjusted EBITDA  Earnings before interest, taxes, depreciation and amortization, adjusted to exclude items that may not be indicative of, or are unrelated to our core operating results, a non-GAAP measure  AIP  Coeur’s Annual Incentive Plan  CAS  Costs applicable to sales per ounce, a non-GAAP measure  Coeur or the Company  Coeur Mining, Inc.  ESG  Environmental, Social and Governance  GHG  Greenhouse Gas  GRI  Global Reporting Initiative   LTIP or Plan  Coeur’s 2018 Long-Term Incentive Plan, as amended  NEOs  Named Executive Officers  POA 11  Rochester Mine Plan of Operations Amendment No. 11 Expansion Project  PSUs  Performance share units issued under the LTIP  ROIC  Return on Invested Capital  rTSR  Relative Total Stockholder Return  TCFD  Financial Stability Board’s Task Force on Climate-related Financial Disclosures  TRIFR  Total Reportable Injury Frequency Rate  TSR  Total Stockholder Return  YOY  Year-over-year 
 
 2023 Annual Stockholders’ Meeting   6  Voting Matters  Proposal  Coeur Board Voting Recommendation  1  Election of 9 director nominees named in the proxy statement  FOR each nominee  2  Ratification of the appointment of Grant Thornton LLP as Coeur’s independent registered public accounting firm for 2023  FOR  3  Vote on an advisory resolution to approve executive compensation  FOR  4  Vote on an advisory resolution to approve the frequency of future advisory votes to approve executive compensation  1 YEAR  Annual Meeting  Time and Date  9:30 a.m. local time on Tuesday, May 9, 2023  Place  Virtual - www.virtualshareholdermeeting.com/CDE2023   Record Date  March 15, 2023  Voting  Holders of common stock as of the Record Date are entitled to vote. Each share of common stock is entitled to one vote for each director nominee and one vote for each of the proposals to be voted on. 
 
 Company Overview  Note: See slides in appendix for additional information related to mineral reserves and resources.  As of March 15, 2023.  As of March 31, 2023.  ADTV = Average Daily Trading Volume. Data Observed over a 90-day trading period.  As of December 31, 2022.  Guidance as published by Coeur on February 22, 2023.  Headquartered in Chicago, IL, Coeur Mining is a well-diversified, growing precious metals producer with a focus on generating sustainable, high-quality cash flow from its North American asset base  Palmarejo  Rochester  Wharf  Silvertip  Kensington  Corporate Office  Operating Mine  Exploration Project  Company Snapshot  Listing:  NYSE: CDE  Shares O/S1:  ~321M  Market Cap2:  ~$1.3B  ADTV2,3:  ~$19M  Proven & Probable Reserves4:  3.4 million ounces Au  245.7 million ounces Ag  2023E Gold Production5:  320,000 – 370,000 ounces  2023E Silver Production5:  10.0 – 12.0 million ounces  U.S. organic growth offers unique near-term catalyst  NOT Linked: Excel > ADTV 
 
 Human Capital Management and Culture  Coeur has long recognized that people and culture are the key to achieving our strategic goals. We aim to promote safety first, proactively develop our people and foster a diverse and inclusive culture. Our leadership team regularly engages with employees and assesses our culture through surveys, town halls with opportunities for employees to ask questions, and development programming, among other efforts. We also conduct robust succession planning at all levels of the organization.      Building on our 2021 culture survey results, we are focused on improving baseline inclusion statistics and will seek employee feedback on these metrics in 2023 and beyond.  Based on 2021 Culture Survey results.  Diversity data as of December 31, 2022. 
 
 Recent ESG Accomplishments  Note: For more information about our ESG Report, and sustainability initiatives and strategy, please see our website at https://www.coeur.com/responsibility/. Any standards of measurement and performance made in reference to our ESG plans and goals are developing and based on assumptions, and no assurance can be given that any such plan, initiative, projection, goal, commitment, expectation, or prospect can or will be achieved. Our ESG goals are aspirational and may change. Statements regarding our goals are not guarantees or promises that they will be met.   For more information on MSCI ESG Ratings, please visit https://www.msci.com/notice-and-disclaimer.   Website references included throughout this presentation are provided for convenience only, and the contents of websites do not constitute a part of and are not incorporated by reference into this presentation.  Coeur is committed to being an industry leader in its ESG practices, exemplified by the Company’s recent accomplishments  ISS QualityScore of ‘‘1’’ for Governance (Highest Possible)  2020 & 2019 Winner  2021 & 2022 Finalist  Best Proxy Statement(mid-/small cap),Corporate Secretary  Mitch Krebs, President & CEO, served as Chair of NMA ESG Task Force. and now serves as Chair of NMA  Conducted site-specific scenario analyses and energy diagnostics   Korie Hickel, Director ESG, member of GRI Mining & Metals Standards Working Group  Coeur Mexicana is a 12-time recipient of Empresa Socialmente Responsable distinction  Published GHG emissions target: 35% reduction in net intensity by end of 2024  Emilie Schouten, SVP HR, Winner  Mitch Krebs, Finalist  Casey Nault, Finalist  2021 & 2022 S&P Global Platts Metals Awards  Over 1.5 million hours worked at POA 11 with zero lost time safety incidents  As of 2021, Coeur received an MSCI ESG Rating of “A”1  Over 2 years without a recordable safety incident at Wharf   Committed to compliance with Global Industry Standard on Tailings Management 
 
 Qualified, Diverse Board Nominees  Our Board, which includes a diverse mix of tenures, experiences and skills, is led by an independent chairman, and eight of nine director nominees are independent 
 
 Qualified, Diverse Board Nominees (cont.) 
 
 Qualified, Diverse Board Nominees (cont.) 
 
 Governance & Executive Comp. Continuous Improvement  Corporate Governance Highlights and Best Practices   Ongoing Evolution of Executive Compensation Program 
 
 2022 Performance Highlights  In 2022, we delivered strong financial and operating results while continuing to streamline our portfolio of core assets and advance the Rochester expansion project, which is expected to be a key catalyst, unlocking long-term value for our stockholders. The health and safety of our employees and the communities where we operate, as well as the protection of the environment, continued to be our top priorities, and we are proud of year-over-year improvement in safety and environmental performance. Finally, the Company’s continued investment in exploration resulted in reserve growth at all of our operating mines, which, together with new discoveries at our assets, lays the groundwork for future success.  
 
 2022 Executive Compensation Philosophy  The four internal performance share metrics are subject to a relative TSR modifier that adjusts payouts +/- 25% for top or bottom quartile performance compared to peers.  Tied to achievement of expected 2024 Rochester production [from the new Stage VI leach pad] on a silver equivalent ounce basis.  ► Drive performance against critical strategic goals designed to create long-term stockholder value  ► Pay our executives at a level and in a manner that attracts, motivates and retains top executive talent 
 
 2022 Executive Compensation Practices 
 
 2022 CEO Compensation Tied to Stockholder Returns  57% of compensation linked to stock performance  (Based 100% on   Company Performance) 
 
 2022 Compensation Results Aligned with Performance 
 
 2022 Compensation Results Aligned with Performance (cont.) 
 
 2022 Executive Compensation – Realized Pay  Coeur’s multiyear performance-linked pay aligned with stockholder returns  Our NEO compensation program is structurally designed to be a strong performance-based program. In the case of the CEO, 81% of his target compensation is performance-based or “at-risk”; only 19% is fixed, delivered through base salary.  This graph demonstrates alignment by showing three-year target value for performance and “at-risk” elements as well as the actual value realized from those compensation elements, equal to   actual 2020-2022 AIP, plus   the value of the PSUs for the 2020-2022 performance period that paid out in early 2023, valued as of December 30, 2022, the last date of the performance period, plus   the value of restricted stock granted in 2020, 2021 and 2022, valued as of December 31, 2022, including shares not yet vested.   The CEO’s actual value of compensation from performance based and “at-risk” elements was 33% lower than the target value. During this same period, our stock price decreased by 58%. We believe this demonstrates alignment of pay and performance. 
 
 2022 Executive Compensation – Realizable Pay  Coeur’s realizable pay aligned with stockholder returns  Realizable pay measures the compensation value that could be realized by executives over a given time period, taking into account the change in Company stock price during that time and whether performance shares are earned based on achievement of performance targets.   This chart illustrates three-year realizable total compensation for our CEO at December 31, 2021 and December 31, 2022. The one-year difference between compensation values (a 18% YOY decline), particularly due to realizable long-term compensation calculated using a $5.04 stock price as of December 31, 2021 and a stock price of $3.36 as of December 31, 2022, is significant and is in line with negative 33% TSR for 2022.  The three-year realizable total compensation value for each period is calculated using (1) actual base salary and cash bonus paid for the applicable year, (2) the value of target performance shares payable and actual performance shares issued for the three-year period then ended, valued as of December 31 and (3) the value of restricted stock granted for the three-year period then ended, valued as of December 31, including shares not yet vested.   TSR was negative 33% for 2022 and our CEO’s realizable pay was 18% lower at December 31, 2022 as compared to December 31, 2021. We believe this also demonstrates alignment of pay and performance. 
 
 Continued Strong Stockholder Engagement in 2022 
 
 Risk Oversight  The Board is responsible for overseeing management’s mitigation of major risks facing Coeur, including, but not limited to:  This Board’s leadership and Committee structure is designed so that the full Board properly considers and evaluates potential risks under the guidance of the Chairman of the Board and further considers and evaluates certain risks at the Committee level.   The Board has delegated oversight of certain categories of risk to the Audit Committee, the Environmental, Health, Safety and Corporate Responsibility Committee, the Compensation and Leadership Development Committee and the Nominating and Corporate Governance Committee. The Board plans to constitute a new committee, the Finance and Strategic Investment Committee, following the 2023 Annual Meeting, which will have responsibility for overseeing and reviewing the Company’s financial position, strategy, plans and programs, including any financial risk mitigation practices, as well as capital allocation. 
 
 ESG Highlights 
 
 What Matters to Coeur  Coeur strives to be an industry leader in ESG, integrating factors into each aspect of its operations, activities and strategic decision making as the Company looks to the future. The following list includes material environmental, social and governance issues that matter to Coeur  Anti-Bribery & Anti-Corruption  Board Diversity  Board ESG Oversight  Ethics & Compliance  Sustainability Integral to Company Strategy  Governance  Diversity, Equity & Inclusion   Employee Training & Development  Workforce Health and Safety  People  Human Rights  Local Supply & Hiring  Local Community Development & Engagement  Communities  Climate Change  Greenhouse Gas Emissions  Reclamation & Closure  Tailings  Water  Biodiversity  Environment 
 
 Continued Focus on People and Culture  Balancing local community development through trades and apprenticeship programs with larger Company-wide development and workforce planning programs to entice a broader diverse population to our operations  Creative Talent Acquisition  Provide career progression and unique internal development programs to retain tomorrow’s Company leaders  Development of Key Talent  Business Improvement, Exploration and Projects while balancing operational teams’ needs  Strategic Human Capital Investment 
 
 Robust Succession Planning & Employee Development  From the operations to the boardroom, Coeur conducts robust succession planning throughout the organization annually, by employing specific talent diagnostics and skill development needs.   High potential performers and diversity discussions along with action plans are reviewed with leadership on a quarterly basis.   The Board oversees the recruitment, development and retention of senior executives. Significant focus is placed on succession planning both for key executive roles and also deeper into the organization.   In-depth discussions occur multiple times per year in meetings of the Board, the Compensation and Leadership Development Committee and the Nominating and Corporate Governance Committee, including in executive sessions to foster candid conversations.   Directors have regular and direct exposure to senior leadership and employees during Board and committee meetings and through other informal meetings and events held during the year.   Continued Focus on People and Culture (cont.) 
 
 Safety is a Foundational Element of Coeur’s Culture  Coeur strives to protect the health, safety and wellbeing of its employees, contractors, visitors and surrounding communities  https://coresafety.org/. Website references included throughout this presentation are provided for convenience only, and the contents of websites do not constitute a part of and are not incorporated by reference into this presentation. 
 
 Industry-Leading Safety Performance  Coeur has been certified in the National Mining Association’s CORESafety program since 2017 and completed its recertification in July 2021  Lost-Time Injury Frequency Rate  Source(s): U.S. Department of Labor Mine Safety and Health Administration (MSHA): Metal Operators Mine Safety and Health Statistics. Injuries per 200,000 employee-hours worked.  Includes both Coeur employees and contract workers.  Total Reportable Injury Frequency Rate  Industry average1  Coeur Mining2  Industry average1  Coeur Mining2  Coeur’s injury frequency rate remains significantly below industry averages, achieving a Company record-low lost-time injury frequency rate in 2022  Linked: EXCEL>Health & Safety>MSHA; “Charts” tab  Linked: EXCEL>Health & Safety>MSHA; “Charts” tab