Aris Mining (ARIS) investor relations material

Strategic growth and production targets

• Aims to double gold production to ~500 koz/year from Segovia and Marmato, with a clear path to 1 Moz/year including Toroparu and Soto Norte projects.

• Organic growth strategy leverages four 100% owned assets in Colombia and Guyana.

• Near-term growth from Segovia and Marmato; longer-term from Toroparu and Soto Norte.

• 2026 guidance targets 300-350 koz gold production, with steady-state production expected in 2027.

• Marmato's new CIP plant scheduled for first gold pour in Q4 2026, ramping up to 5,000 tpd by end of 2027.

Financial performance and strength

• LTM revenue reached $1.1B, adjusted EBITDA $610M, and free cash flow after taxes and investments $173M.

• Cash on hand of $472M and net debt of $(2)M as of March 31, 2026.

• Market capitalization stands at $3.7B, with low gross debt leverage of 0.8x and stable credit ratings from Moody's, S&P, and Fitch.

• Q1 2026 gold revenue increased 21% from Q4 2025, with adjusted EBITDA up 26%.

• Strong cost controls and high realized gold prices drove record financial results and expanding AISC margins.

Asset portfolio and operational highlights

• Segovia: High-grade underground mine, 2026 guidance of 265-300 koz, steady-state 300 koz/year.

• Marmato: Underground mine, 2026 guidance 35-50 koz, targeting 200 koz/year steady-state.

• Toroparu: Open pit project in Guyana, 235 koz/year potential, PFS underway, construction decision expected in 2027.

• Soto Norte: High-grade underground project, 263 koz/year (years 2-10), environmental application planned for Q2 2026.

• All assets are 100% owned, providing full control over development and cash flows.