Aris Mining (ARIS) investor relations material

Strategic growth and asset portfolio

• Doubling gold production to approximately 500 koz/year, with a clear path to 1 Moz/year by integrating Segovia, Marmato, Toroparu, and Soto Norte assets.

• Segovia and Marmato expansions are underway, with Segovia targeting 265-300 koz and Marmato 35-50 koz in 2026.

• Toroparu and Soto Norte development projects are expected to add significant long-term production, each targeting over 230 koz/year.

• Total proven and probable gold reserves stand at 9.3 Moz, with measured and indicated resources of 21.9 Moz.

• All four core assets are 100% owned and located in prolific gold belts in Colombia and Guyana.

Financial performance and capital structure

• Market capitalization is $4.2B, with over $470M cash on hand and net debt nearly nil.

• Adjusted EBITDA for the last twelve months reached $464M, with low gross debt leverage at 1.0x.

• 2025 gold production was 257 koz, exceeding guidance, and 2026 consolidated guidance is 300-350 koz.

• Segovia's AISC margin rose to $421M in 2025, up 158% from 2024, with owner mining AISC at $1,534/oz.

• Strong liquidity and stable credit ratings from Moody’s, S&P, and Fitch support ongoing growth.

Operational highlights and project updates

• Segovia is one of the world’s highest-grade gold mines, with a steady-state production target of 300 koz/year.

• Marmato’s new CIP plant is on track for first gold in Q4 2026, with staged ramp-up to 5,000 tpd by end of 2027.

• Toroparu’s prefeasibility study is underway, targeting construction readiness in 2026, with a projected 21-year mine life.

• Soto Norte’s PFS outlines a high-grade, low-cost, long-life underground project, with environmental license application planned for H1 2026.

• Contract Mining Partners (CMPs) contribute 35-40% of Segovia’s gold production, supporting community formalization and environmental stewardship.