Mr. Jeff Wilhoit reports

COEUR COMPLETES ACQUISITION OF NEW GOLD

Coeur Mining Inc. has completed its acquisition of New Gold Inc. by Coeur pursuant to the definitive agreement previously announced on Nov. 3, 2025.

Under the terms of the transaction agreement, Coeur acquired all of the outstanding common shares of New Gold, with New Gold shareholders receiving 0.4959 share of Coeur common stock for each New Gold common share. Coeur issued approximately 392,682,578 shares with the closing of the transaction, resulting in approximately 1,034,524,520 shares outstanding posttransaction. Coeur's shares commenced trading on the Toronto Stock Exchange under the symbol CDE, effective Monday, March 16, 2026.

Coeur plans to share additional information about the expected benefits of the transaction on Monday, March 23, 2026, including consolidated 2026 guidance, year-end 2025 reserve and resource updates for the New Afton and Rainy River operations, and an update on the company's return of capital priorities.

BMO Capital Markets acted as financial adviser to Coeur. RBC Capital Markets also acted as a financial adviser to Coeur. Goodmans LLP and Gibson, Dunn & Crutcher LLP acted as Coeur's legal advisers.

About Coeur Mining Inc.

Coeur Mining is a United States-based, well-diversified, growing precious metals producer with seven wholly owned operations: the New Afton gold-copper mine in British Columbia, Canada, the Rainy River gold-silver mine in Ontario, Canada, the Las Chispas silver-gold mine in Sonora, Mexico, the Palmarejo gold-silver mine in Chihuahua, Mexico, the Rochester silver-gold mine in Nevada, the Kensington gold mine in Alaska and the Wharf gold mine in South Dakota. In addition, the company wholly owns the Silvertip polymetallic critical minerals exploration project in British Columbia, Canada.

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