Mineros S.A.

Bienvenidos a la presentación de resultados del tercer trimestre de 2024 de Mineros. Mi nombre es Karen y seré su operadora para la llamada de hoy. En este momento todos los participantes están en modo escucha. Tenga en cuenta que esta teleconferencia se está grabando. También tenga en cuenta que la conferencia de hoy se realizará en español con interpretación simultánea al inglés. Al final de la presentación, habrá una sesión de preguntas y respuestas solo en la plataforma web. Le recordamos que si tiene dificultades para ver las diapositivas en la plataforma web, deberá maximizar la ventana llamada diapositivas. With this, I give the floor to Mr. Juan Camilo Obando, Director of Relations with Investors. Mr. Juan Camilo, you may begin.

Thank you very much and good morning. Welcome to our presentation of financial and mining operations results corresponding to the third quarter of 2024. My name is Juan Camilo Obando and I am the Director of Relations with Investors. El idioma original de esta llamada es español. Sin embargo, si desea escucharla en inglés, por favor siga estos dos pasos. To listen to this call in English, please follow two steps. First, identify the box that says English and click on Start. Then, to avoid listening to both languages at the same time, identify the box that says Media Player and click on Mute. Before starting, it is important to warn the listeners that this call and this presentation can contain prospective information about the future results of the company and that, for various reasons, including the nature of mining activity itself, these predictions can be made or not, as planned. For this reason, we warn investors to be careful when making investment decisions and not to base themselves exclusively on the information presented here. It is also worth mentioning that this presentation contains measures and non-conventional indicators according to the NIF, such as the Cash Cost and All In Sustaining Cost per ounce of sold gold, the average price per ounce sold, the adjusted EBIT and net debt. Additional information about these measures can be found in section 10 of our MD&A published in Canada and which can be found in CEDAR under the Minerals profile. Today we have in the room Alan Wancier, Vice President of Financial and Administrative, Ana Isabel Gaviria, Vice President of Legal and Sustainability, Santiago Cardona, Vice President of Colombia, and Luis Fernando Villa, Vice President of Nicaragua. Today we are accompanied by Andrés Restrepo, who is on a work trip and therefore cannot be connected. With this, I give the floor to Alan Wancier.

Thank you, Juan Camilo, and good morning everyone, and thank you for joining us today in our report on the results of the third quarter of 2024. In today's conference we will present the most outstanding aspects of the third quarter, followed by the financial results of the third quarter and the first nine months. our operational results, a review of each operation and, finally, our challenges and opportunities. As for relevant facts, in the third quarter we produced about 54,000 ounces of gold and 190,000 ounces of silver. In the first nine months of 2024, the gold production is close to 160,000 ounces. These operating results reported 28.5 million net utility dollars in the quarter. Our adjusted EBIT was 62.9 million dollars and we had a free cash flow of 38.8 million dollars. Additionally, in July we paid 7.5 million dollars in dividends to our shareholders. Now let's look at the behavior of the gold price. During the three months ended on September 30, 2024, the price of gold moved sharply up, breaking several historical maximum levels during the period. The closing price of the quarter was $2,635 per ounce, 13% higher than the closing price on June 30, 2024, which was $2,332. The average price recorded in the quarter was $2,476 per ounce. According to analysts, one of the main catalysts of the gold rush was the expectation and subsequent confirmation of the beginning of an expansive monetary policy by the Federal Reserve of the United States. The decision to reduce interest rates to 50 basic points reaffirms the appetite of metal investors. which contributed significantly to the demand for gold during the quarter. Additionally, there are still persistent geopolitical tensions in the Middle East, along with the demand for investment vehicles in the asset. This has supported the historically high levels of prices observed during this quarter. With this, I return the floor to Juan Camilo, who will explain our financial results. Thank you, Alan.