Mineros S.A.

Buenos días y bienvenidos a nuestra presentación de resultados financieros y operativos de Mineros S.A. correspondientes al primer trimestre del año 2025. Mi nombre es Karen y seré su operadora para la llamada de hoy. En este momento, todos los participantes se encuentran en modo de escucha. Al final de la presentación, habrá un espacio de preguntas y respuestas en la plataforma web únicamente. Por favor, tenga en cuenta que esta teleconferencia está siendo grabada. Please consider that today's conference will be held in Spanish with simultaneous English translation. We remind you that if you have difficulties viewing the slide on the website, maximize the window called slides. From now on, I give the floor to Juan Camilo Obando, Director of Relations with Investors. Mr. Juan Camilo, you have the floor.

To listen to this call in English, please follow these 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. Antes de empezar, es importante advertir a los oyentes que esta llamada y esta presentación pueden contener información prospectiva sobre los resultados futuros de la empresa y que por diversas razones, entre ellas la naturaleza misma de la actividad minera, estas previsiones pueden realizarse o no. 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 non-conventional measures and indicators according to the NIF, such as the Cash Cost and the All In Sustaining Cost per ounce of sold gold, the average price per ounce of sold gold, the adjusted interest rate and net debt. The additional information about these measures can be found in section 10 of our MD&A published in Canada and that is also available on our website under the Investors menu in the financial reports section. Today with me in the room are David Londoño, President of Mineros, Alan Banser, Vice President of Financial and Administrative, Santiago Cardona, Vice President of Colombia, and Ibaldo Díaz, Vice President of Technical and Business Development and Strategy. In addition, we are accompanied by Ana Isabel Gaviria, Vice President of Legal and Sustainability, Luis Fernando Villa, Vice President of Nicaragua, and Ann Wilkinson, Vice President of Relations with Investors. With this, I welcome you and give the floor to David Londoño, President of Mineros.

Thank you very much Juan Camilo. Good morning and thank you for joining us today in our report of results for the first quarter of 2025. As you know, I'm David Londoño and I started as President and CEO of Mineros on April 8, a month ago. I have been working as CEO of Americas for Oceana Gold and previously as General Manager of Dictour Lake Goldmine and Vice President of Projects at Kirtland Lake Gold, now part of Niko Eagle, among others. In today's conference, we will present the most outstanding aspects of the first quarter of 2025, followed by the financial results of the quarter, our operational results, a review of each operation and, finally, our challenges and opportunities. Let's start first with the relevant facts. It is important to highlight first that on March 31, 2025, we had the General Assembly of shareholders in which several relevant decisions were made for the company. First, an annual dividend of 10 cents per share was approved, paid quarterly. In addition, we had the election of the new board in which five new members were elected and four of the previous members were re-elected. In this way, the board was made up of Augusto López, who was appointed as president of the board, Andrés Restrepo, Hernán Rodríguez, Natalia Correa, Philip Martins, Sofía Bianchi, Marco Izquierdo, Michael Boyle, and Daniel Henao. We cordially welcome our new members of the board. On the other hand, Deloitte was selected as our auditor for a period of two years. In addition, a resolution was approved that authorizes the company, at the discretion of the board, to buy back its ordinary shares through acquisitions in the Colombia stock market and or the Toronto Stock Exchange, up to a maximum of 12 million dollars in a period no longer than two years. We are currently studying the most suitable mechanism to carry out this program and we will be communicating it to the market. Continuing with the relevant facts, during the first quarter of 2025 we produced a little more than 54,000 ounces of gold, which represents an increase of 5% compared to the same period of 2024. We also produced 77,000 ounces of silver. We paid by dividing our shareholders by a amount of $7.5 million. These operating results reported a net utility record of $38 million for the first quarter of the year. On the other hand, our adjusted EBITDA was $71.3 million and we had an effective and equivalent balance of $81.3 million at the end of the quarter. During the first quarter of 2025, the price of gold had a positive performance and set a new record in its trading, continuing with the marked CISTA trend that has been presenting since last year. The closing price of March 31 was 3,123 ounces, which represents at the moment 17.5% compared to the closing price of the fourth quarter of 2024, when it was $2,657 per ounce. The average price recorded during the quarter was $2,862 per ounce. With this, I will give the floor to Alan Bancher, who will explain our financial results.