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# ssrminingreportssecondquar

Source: https://www.sec.gov/Archives/edgar/data/921638/000092163826000082/ssrminingreportssecondquar.htm
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Document News Release August 4, 2026 SSR MINING REPORTS SECOND QUARTER 2026 RESULTS DENVER - SSR Mining Inc. (Nasdaq/TSX: SSRM) ("SSR Mining" or the “Company") reports consolidated financial results for the second quarter ended June 30, 2026. In addition, the Board of Directors declared a quarterly cash dividend of $0.03 per common share payable on September 11, 2026 to holders of record at the close of business on August 14, 2026. This dividend qualifies as an 'eligible dividend' for Canadian tax purposes. • Consolidated operating results from continuing operations: Second quarter 2026 production was 101,959 gold equivalent ounces at consolidated cost of sales of $1,775 per payable ounce and all-in sustaining costs (“AISC”) of $2,622 per payable ounce.(1) In the first half of 2026, the Company produced 211,873 gold equivalent ounces at consolidated cost of sales of $1,749 per payable ounce and AISC of $2,521 per payable ounce. Year-to-date results are well aligned with full-year 2026 production guidance of 450,000 to 535,000 gold equivalent ounces and the Company’s expectations of a second-half weighted production profile. Full-year AISC is trending towards the top end of SSR Mining’s 2026 guidance, as the Company capitalizes on its strong liquidity position to accelerate capital investments in support of mine life extension initiatives across the portfolio. • Financial results from continuing operations: In the second quarter of 2026, SSR Mining reported net income and adjusted net income attributable to SSR Mining shareholders of $137.0 million, or $0.66 per diluted share. In the second quarter of 2026, operating cash flow was $115.6 million and free cash flow was $50.3 million. In the first half of 2026, operating cash flow was $420.5 million and free cash flow was $299.1 million. • C ompleted strategic refocus to the Americas: On June 24, 2026, SSR Mining closed the sale of its 80% ownership stake in the Çöpler mine and related properties in Türkiye (collectively, “Çöpler”) for approximately $1.49 billion in cash consideration. Subsequently, on July 17, 2026, the Company closed the sale of its 20% ownership stake in the Hod Maden development project (the "Hod Maden Project") for an uncapped 4.0% net smelter return royalty ("NSR") on 100% of the Hod Maden Project. These transactions completed SSR Mining’s strategic refocus to a free-cash-flow-focused Americas gold and silver producer anchored by its long-lived operations in the United States. • Capital Returns: In the second quarter of 2026, SSR Mining completed a total of $337.8 million in share buybacks through the repurchase of 10.4 million shares. Year-to-date, SSR Mining has repurchased 12.9 million shares for a total of $409.2 million in capital returns, or an effective yield of nearly 8%. On June 15, 2026, the Company announced approvals for an additional $500 million for share repurchases, of which $109.2 million has been returned to shareholders to July 31, 2026. Additionally, on August 4, 2026, the Board declared a quarterly cash dividend of $0.03 per share to be paid on September 11, 2026. Since 2021, SSR Mining has returned nearly $900 million to shareholders through the repurchase of more than 32 million shares and over $170 million in dividends. • Cash and liquidity position: As of June 30, 2026, SSR Mining had a cash and cash equivalent balance of $1,783.0 million and no long-term debt outstanding. • Revolving credit facility extended: On July 31, 2026, SSR Mining amended its existing revolving credit facility (the “Facility”). The Facility now matures on July 31, 2030 and capacity was increased from $400 million to $600 million. Under the terms of the expanded Facility, amounts borrowed will incur variable interest at the Secured Overnight Financing Rate plus an applicable margin ranging from 1.75% to 2.5%, an improvement over the prior facility margin of 2.00% to 2.75%. SSR MINING | PAGE 1 • Development & exploration in the Americas: SSR Mining continues to advance key brownfield organic growth projects across the portfolio, including Buffalo Valley at Marigold, Cortaderas at Puna, and Porky at Seabee. These projects represent low-cost, high-return development opportunities and have the potential to meaningfully extend the mine lives at each asset. On June 29, 2026, SSR Mining closed an approximately C$5 million strategic investment to acquire 9.9% of Phenom Resources Corp.’s (“Phenom”) outstanding shares on an undiluted basis. SSR Mining also entered into a Framework Agreement which grants SSR Mining the right to acquire a 15% interest in Phenom’s Dobbin Project in Nevada for an additional $4 million. Phenom has defined a more than 2 kilometer long and 200 meter wide gold-in-soil anomaly supported by strong chip sampling results across the target area. Exploration drilling to test for potential Carlin-style gold mineralization at the Dobbin project commenced early in the third quarter of 2026. Rod Antal, Executive Chairman of SSR Mining, said, “We have now completed the strategic repositioning of our business to the Americas. Anchored by our long-lived Marigold and CC&V operations in the USA, our focus on delivering sustainable free cash flow and best-in-class capital returns is a clear differentiator amongst the peer group. Operationally, our second quarter results were aligned with our expectations and have the business tracking well against full-year production guidance targets. As we have stated throughout the year, we expect a stronger second half of production and free cash flow across the portfolio. I am pleased with SSR Mining’s current strategic position. We are actively returning capital to shareholders through continued buybacks and our reinstated dividend program, while delivering strong operating results and advancing organic growth initiatives to extend the mine lives at each of our operations. I look forward to a strong finish to 2026 as we reinforce our position as a leading mid-cap gold producer.” SSR MINING | PAGE 2 Financial and Operating Summary A summary of the Company's consolidated financial and operating results for the three and six months ended June 30, 2026 and June 30, 2025 are presented below: Three Months Ended Six Months Ended (in thousands, except per share data or otherwise stated) June 30, June 30, 2026 2025 2026   2025  Financial Results Revenue $ 443,798 $ 405,455 $ 1,025,576 $ 722,073 Cost of sales $ 173,672 $ 162,948 $ 368,791 $ 299,589 Operating income $ 191,676 $ 168,076 $ 492,131 $ 274,892 Net income (loss) $ 92,435 $ 80,362 $ (22,717) $ 134,808 Net income from continuing operations $ 137,014 $ 131,983 $ 387,686 $ 216,538 Net income (loss) from discontinued operations $ (44,579) $ (51,621) $ (410,403) $ (81,730) Net income attributable to SSR Mining shareholders from continuing operations $ 137,014 $ 131,983 $ 387,686 $ 216,538 Basic net income per share attributable to SSR Mining shareholders from continuing operations $ 0.66 $ 0.65 $ 1.87 $ 1.07 Diluted net income per share attributable to SSR Mining shareholders from continuing operations $ 0.66 $ 0.61 $ 1.82 $ 1.01 Adjusted net income attributable to SSR Mining shareholders from continuing operations (1) $ 137,014 $ 138,303 $ 387,686 $ 228,291 Basic adjusted net income per share attributable to SSR Mining shareholders from continuing operations (1) $ 0.66 $ 0.68 $ 1.87 $ 1.13 Diluted adjusted net income per share attributable to SSR Mining shareholders from continuing operations (1) $ 0.66 $ 0.64 $ 1.82 $ 1.06 Cash provided by operating activities from continuing operations $ 115,619 $ 150,702 $ 420,457 $ 269,926 Cash provided by (used in) operating activities of discontinued operations $ (15,317) $ 6,854 $ (55,665) $ (30,033) Cash provided by operating activities $ 100,302 $ 157,556 $ 364,792 $ 239,893 Cash provided by (used in) investing activities $ 1,399,476 $ (68,219) $ 1,313,207 $ (220,000) Cash provided by (used in) financing activities $ (340,524) $ 7,856 $ (418,743) $ 10,531 Continuing Operating Results Gold produced (oz) 75,601 90,966 157,915 166,835 Gold sold (oz) 73,919 90,739 157,812 168,447 Silver produced ('000 oz) 1,661 2,849 3,399 5,354 Silver sold ('000 oz) 1,506 2,534 3,339 4,909 Lead produced ('000 lb) (2) 7,131 13,877 15,293 25,365 Lead sold ('000 lb) (2) 7,304 12,058 16,221 24,111 Zinc produced ('000 lb) (2) 963 1,125 1,987 1,883 Zinc sold ('000 lb) (2) 889 1,279 1,627 1,541 Gold equivalent produced (oz) (3) 101,959 120,191 211,873 223,987 Gold equivalent sold (oz) (3) 97,822 116,736 210,814 220,843 Average realized gold price ($/oz sold) $ 4,301 $ 3,336 $ 4,550 $ 3,151 Average realized silver price ($/oz sold) $ 74.24 $ 35.24 $ 83.88 $ 33.90 Cost of sales per gold equivalent ounce sold (3) $ 1,775 $ 1,396 $ 1,749 $ 1,357 Cash cost per gold equivalent ounce sold (1,3) $ 1,637 $ 1,282 $ 1,623 $ 1,247 AISC per gold equivalent ounce sold (1,3) $ 2,622 $ 1,858 $ 2,521 $ 1,807 Financial Position From Continuing Operations June 30, 2026 December 31, 2025 Cash and cash equivalents $ 1,783,042   $ 515,561 Current assets $ 2,469,303   $ 1,287,265 Total assets $ 4,279,290   $ 6,093,898 Current liabilities $ 252,238   $ 618,356 Total liabilities $ 887,716   $ 1,779,644 Working capital (4) $ 2,217,065   $ 668,909 (1) The Company reports non-GAAP financial measures including adjusted net income (loss) attributable to SSR Mining shareholders from continuing operations, adjusted net income (loss) per share attributable to SSR Mining shareholders from continuing operations, cash costs and AISC per ounce sold to manage and evaluate its operating performance at its mines. See “Non-GAAP Financial Measures” at the end of this press release for an explanation of these financial measures and a reconciliation of these financial measures to net income (loss), net income (loss) per share attributable to SSR Mining shareholders from continuing operations, and cost of sales, which are the most comparable GAAP financial measures. Cost of sales excludes depreciation, depletion, and amortization. (2) Data for lead production and sales relate only to lead in lead concentrate. Data for zinc production and sales relate only to zinc in zinc concentrate. (3) Effective January 1, 2026, the Company calculates gold equivalent ounces (“GEOs”) using a fixed silver-to-gold ratio of 63:1. In prior periods, GEOs were calculated multiplying the silver ounces by the ratio of the silver price to the gold price, using the average closing commodity prices for the period. The Company does not include by-products in the GEO calculations. GEOs sold may not re-calculate based on amounts presented in this table due to rounding. (4) Working capital is defined as current assets less current liabilities. SSR MINING | PAGE 3 Marigold, USA For the three months ended June 30, 2026 and 2025, Marigold produced 31,059 and 35,906 ounces of gold, respectively. For the six months ended June 30, 2026 and 2025, Marigold produced 68,789 and 74,492 ounces of gold, respectively. During the second quarter of 2026 , Marigold reported cost of sales of $1,980 per payable ounce and AISC of $3,044 per payable ounce. Full-year production at Marigold remains strongly weighted to the second half as higher grades drive increased production, with approximately 65% of second half production expecte

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