Wesdome Gold Mines (WDO) Corporate presentation summary

Strategic profile

• Two producing, 100%-owned mines: Eagle River in Ontario and Kiena in Québec; combined proven and probable reserves total 1.387 Moz at 7.9 g/t Au.

• Reserve-based mine plans support an 8-year mine life; 2025 year-end reserves were the largest in portfolio history.

• Production guidance is 180,000–205,000 oz for 2026, 185,000–220,000 oz for 2027 and 185,000–230,000 oz for 2028.

• Strategy centers on filling existing mills, converting resources, optimizing operations and extending mine life through exploration.

Operations and outlook

• 2026 mine-level production guidance: Eagle River 105,000–115,000 oz; Kiena 75,000–90,000 oz.

• Updated 2026 consolidated AISC guidance is US$1,525–1,700/oz; total capital investment is $205M, including $110M sustaining and $95M growth capital.

• 2028 production guidance reaches 185,000–230,000 oz, with consolidated AISC guidance of US$1,600–1,750/oz.

• Mill throughput targets are ~1,200 tpd at Eagle River and ~2,040 tpd at Kiena, supported by optimization, exploration and mine-plan changes.

Financial strength and shareholder returns

• Forecast cumulative free cash flow of $0.9B–$1.4B for 2026–2028 at US$3,500–4,500/oz gold.

• Quarterly dividend initiated in September 2026 at $0.1224 annualized per share; $190M returned through share repurchases since Nov. 7, 2025.

• Cash was $391M at June 30, 2026, with US$250M credit facility capacity; share price was $35.16 at Sept. 30, 2026.

• Q2 2026 revenue was $266.8M, net income $94.0M and free cash flow $41.8M; cash and equivalents were $390.9M.