Coeur Mining, Inc.

Good morning, everyone, and welcome to the Core Mining Third Quarter 2026 Financial Results Conference Call. All participants will be in a listen-only mode. Should you need assistance, please send to a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star and then one on your touch-tone phones. To withdraw your questions, you may press star and two. Please also note today's event is being recorded. At this time, I'd like to turn the floor over to Mitchell Krebs, Chairman, President, and CEO. Please go ahead.

Hello, everyone, and thanks for joining our call to discuss our third quarter results. Before we start, please note our cautionary language regarding forward-looking statements and refer to our SEC filings on our website. Starting off on slide three with some highlights from the quarter, The company delivered sharp year-over-year increases in gold production and cash flow with the addition of the New Afton and Rainy River operations beginning in late March. The quarter was lighter than expected given lower metals prices and a handful of operational challenges, which were partially offset by strong performance at some of our other operations. Mick will provide more details in a few minutes, but a few quick highlights were WARF's continued progress toward returning to steady state levels Rochester's record crushing rates and the great advances made at both New Afton and Rainy River with their respective ramp ups. On the challenges front, wet weather during the quarter slowed down open pit operations at Rainy River and also contributed to a delay in mining of higher grade areas at Palmareo. While unplanned downtime at New Afton due to a conveyor belt failure late in the quarter temporarily slowed down their progress. All that said, we ended the quarter with $1.2 billion of cash after returning nearly half of our quarterly free cash flow back to stockholders through $111 million of share repurchases, bringing the total amount to over $230 million since mid-May. We remain on track to deliver significant increases in production and cash flow in the fourth quarter to end the year around the low end of our production guidance ranges with expected record full year adjusted EBITDA exceeding $2 billion and free cash flow topping $1.3 billion, assuming current prices, roughly double last year's levels. And looking ahead to 2027, we anticipate delivering another record year, mostly driven by full year contributions from Rainy River and New Afton. Mick, over to you.

Thanks, Mitch. As Mitch noted, The quarter included a mixture of solid progress and some short-term operational challenges. However, I'm pleased with how we've managed the integration of our two new Canadian operations while safely and efficiently addressing these challenges to enable the company to hit the fourth quarter with positive momentum to deliver a strong finish to the year. Referencing slide four, let's talk about the sites and begin with the Canadian assets. New Afton was impacted by the failure of the main underground conveyor belt in late August, which reduced Prush conveyor availability and constrained ore supply to the mill, requiring the team to temporarily mine and process at reduced rates. The conveyor was safely repaired by mid-September, with surface stockpiles and lower rate mining production providing ore during the repair period. The interruption occurred as the sea zone ramp-up was gaining momentum, but ramp-up following the outage has resumed, with mining rates achieving and sustaining the 16,000 tonne per day target. The near-term priority is to consistently maintain those mining rates, while remaining disciplined with cave draw management as we progress towards higher grade portions of the sea zone in the east and south. Turning to Rainy River, unusually heavy rainfall slowed Phase 4 open-pit mining, causing the operation to process more low-grade stockpiles, which affected third-quarter production and correspondingly costs. Underground performance at Rainy River continued to improve during the quarter, with mining rates increasing by 50% to approximately 3,400 tonnes per day. The underground operation was targeting 5000 tons per day by year end and the team are already hitting those levels for short periods. With additional development and infrastructure work planned to provide more work fronts to consistently sustain those levels towards the second half of 2027. The team at Rainy River continues to progress open pit mining, advance phase five and stabilize underground performance at the higher targeted rates while rebuilding stockpile flexibility to maintain strong mill throughput levels during quarter four and into 2027. Moving to our five other operations and beginning with Las Chispas. The operation continued to perform consistently. Mill throughput in the quarter recorded record levels, offsetting lower than planned silver grades, while higher gold grades and carryover inventory supported its solid overall performance. The fourth quota priority is to complete the transition to a single underground mining contractor, safely improve underground productivity, and deliver a strong finish to another solid year. At Palmarejo, heavy rains disrupted the delivery of critical construction materials needed for backfilling. Reduced backfill capacity Thank you very much. The crusher circuit delivered record performance during the quarter, with all process through all three stages of crushing reaching 6.8 million tonnes, or 7.5 million short tonnes. Mining rates also exceeded expectations, even as the team successfully completed the Phase 2A and Phase 2B expansions of LeachPad 6, which required the operation to generate substantial amounts of over-liner material during the quarter. Rochester's gold production jumped 39% quarter over quarter as higher-grade ore from Phase IIa begins to recover. Silver is coming off the pads more slowly than expected, which we are closely monitoring, as faster recovery rates are key to achieving Rochester's full-year silver production guidance. We continue to manage the blending of higher-grade sulphide ore to achieve our respective grade and recovery targets. Moving to Kensington, mining and milling performance improvements partially offset lower than planned grade. Store ore tons increased steadily throughout the quarter, with September delivering Kensington's strongest operating month of the year. We expect the fourth quarter to continue this trend, supported by higher grades. Finishing with Wharf, the mine delivered a strong bounce-back quarter, with gold production increasing 28% versus the second quarter. With the completion of the ramp-up of the rebuild and expanded crusher circuit, we expect the fourth quarter to be WOLF's strongest quarter of the year. With that, I'll turn the call over to Tom.