Aris Mining Corp · TSX:ARIS
Aris Mining — Q3 2026 Earnings Presentation
17 slides from Aris Mining's earnings presentation, Nov 4, 2026
Slide 1: Building a Major Gold Producer in South America
Building a Major Gold Producer in South America Strong cash generation funding our next phase of growth Q3 2026 Earnings Presentation November 4, 2026 TSX & NYSE: ARIS TSX & NYSE: ARIS
Slide 2: Disclaimer
Disclaimer This presentation contains “forward-looking information” or “forward-looking statements” within the meaning of The forward-looking statements and forward-looking information are made as of the date hereof and Aris Mining applicable Canadian and United States securities legislation. All st
Slide 3: All Four Assets Advancing
All Four Assets Advancing Strong performance funds near-term growth. Q3 2026 RESULTS GROWTH ON TRACK SEGOVIA GOLD PRODUCTION Owner-mining momentum, 69.3koz CMP growth ahead MARMATO LTM ADJUSTED EBITDA CIP first gold in December 2026; production ramp up in 2027 $702M TOROPARU CAPITAL INVESTMENTS PFS
Slide 4: Financial Highlights
Financial Highlights1 STRONG PERFORMANCE DURING Q3 2026 BALANCE SHEET STRENGTH GOLD ADJUSTED Q3 2026 CAPITAL REVENUE EBITDA INVESTMENTS $287M $144M $144M $972M YTD 2026 $702M for the trailing Including $86M at Marmato and twelve months $41M at Segovia NET EARNINGS ADJUSTED EARNINGS CASH AS OF PER SH
Slide 5: Record YTD Performance
Record YTD Performance Stronger production and higher realized prices translated into record revenue, EBITDA, and earnings. Gold Ounces Sold Gold Revenue (US$M) & Adjusted EBITDA Adjusted Net Earnings Per (koz) Avg. Realized Gold Price (US$/oz) (US$M) Share1 (US$/share) $5,000 215.3 $4,515 $1,120 $5
Slide 6: Operating Cash Flow Funding Growth
Operating Cash Flow Funding Growth1,2 Q3 Q2 Q1 YTD 2026 Consolidated Cash Balance (US$M) Operating cash flow (adjusted) after taxes 94 84 116 294 $472 Less: Segovia capital investments3 (41) (32) (17) (91) $426 $419 $418 Less: Marmato capital investments (86) (78) (49) (212) $392 Less: Toroparu capi
Slide 7: Operations & Projects: YTD & Outlook
Operations & Projects: YTD & Outlook Targeting the lower end of 2026 production guidance while advancing our next phase of growth. YTD 2026 GOLD PRODUCTION & AVERAGE PROCESSED GRADE SEGOVIA MARMATO TOTAL 194.4 koz 22.9 koz 217.3 koz at 10.72 g/t at 3.67 g/t OPERATING MOMENTUM & NEAR-TERM CATALYSTS S
Slide 8: Segovia Production YTD
Segovia Production YTD Owner Mining Momentum and CMP Growth Ahead 194.4 koz +32% -3% +18% Owner-mined production growth CMP production growth Total gold production growth YTD 2026 production YTD 2026 vs. YTD 2025 YTD 2026 vs. YTD 2025 YTD 2026 vs. YTD 2025 QUARTERLY GOLD OUNCES PRODUCED BY SOURCE (k
Slide 9: Marmato: Transforming into a Larger-Scale Operation
Marmato: Transforming into a Larger-Scale Operation Operations in Bulk Mining Zone underway. Processing plant capacity expanding through CIP plant. 22.9 koz 1,200 tpd YTD 2026 production from Upgraded flotation plant capacity flotation plant in Q3 2026 2026 EXECUTION PROGRESS ✓ Flotation plant refur
Slide 10: Toroparu: Advancing toward 2027 Construction Decision
Toroparu: Advancing toward 2027 Construction Decision PFS targeted for November 2026 | License application submitted | Early works advancing PROGRESS TOWARD CONSTRUCTION READINESS 1 PFS advancing toward November release PFS incorporates contractor mining and a combination of engineering and construc
Slide 11: Soto Norte: Permitting Milestones Advancing
Soto Norte: Permitting Milestones Advancing ESIA preparation completed | Technical mine plan approved | Regulatory clarity improving PROGRESS IN 2026 ✓ Technical mine plan approved National Mining Agency approved the modified PTO on July 29. ✓ ESIA preparation complete Assessment ready for formal co
Slide 12: Four Assets Advancing, Creating a Path to Moz/year
Four Assets Advancing, Creating a Path to 1 Moz/year1 Operating momentum and defined project catalysts support the next phase of growth. ANNUAL GOLD PRODUCTION POTENTIAL ~500 + ~500 = ~1 Moz koz/year koz/year per year Producing assets after expansions Development projects Combined longer-term potent
Slide 13: Appendix
Oliver Dachsel – SVP, Capital Markets Appendix [email protected] Lillian Chow – Director, Investor Relations & Communications [email protected] | www.aris-mining.com [email protected] TSX & NYSE: ARIS
Slide 14: Q3 & YTD 2026 Operating Performance
Q3 & YTD 2026 Operating Performance Q3 2026 Q2 2026 Q1 2026 YTD 2026 Consolidated Gold produced (ounces) 69,257 73,710 74,339 217,306 Segovia Tonnes milled (t) 208,030 202,480 175,370 585,880 Average gold grade processed (g/t) 9.77 10.23 12.41 10.72 Gold produced (ounces) 63,445 64,424 66,567 194,43
Slide 15: Q3 & YTD 2026 Financial Results
Q3 & YTD 2026 Financial Results Q3 2026 Q2 2026 Q1 2026 YTD 2026 (in US$ millions, unless stated otherwise) Gold revenue 287.4 320.9 363.8 972.2 Income from mining operations 130.1 167.1 203.7 501.0 EBITDA 130.7 162.5 181.9 475.2 Adjusted EBITDA 143.9 178.6 212.1 534.5 Net earnings1 66.7 94.2 97.6 2
Slide 16: Mineral Reserves & Resources
Mineral Reserves & Resources Property Proven Probable Proven & Probable Tonnes Gold grade Contained Tonnes (kt) Gold grade Contained Tonnes (kt) Gold grade Contained (kt) (g/t) gold (koz) (g/t) gold (koz) (g/t) gold (koz) Marmato 2,196 4.31 304 29,082 3.08 2,874 31,277 3.16 3,178 Soto Norte 2,600 8.
Slide 17: Technical Disclosure
Technical Disclosure Unless otherwise indicated, the scientific disclosure and technical information included in this presentation are based upon information included in the following documents and NI 43-101 compliant technical reports: 1. Technical report entitled “Technical Report for the Marmato