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1. ExxonMobil for gold and silver.

2. De Beers for gold and silver.

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• Gold: A precious metallic element primarily mined for its value in jewelry, investment, and industrial applications.
• Silver: A precious white metallic element extracted for its use in jewelry, coinage, industrial applications, and photography.
• Copper: A ductile metallic element widely produced for its applications in electrical wiring, construction, and various industrial uses.
• Zinc: A metallic element primarily extracted for use as an anti-corrosion coating (galvanizing) for steel and in alloys like brass.

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SSR Mining (symbol: SSRM) sells primarily to other companies, not to individuals. As a mining company producing gold, silver, and copper concentrate, its customers are typically entities involved in the processing, refining, and trading of these metals.

Based on the company's public filings, including its annual reports (e.g., the 2023 Form 10-K), SSR Mining explicitly states that it is not dependent on a single customer for the sale of its precious metals or copper concentrate. Therefore, there are no "major customers" in the traditional sense where a significant portion of the company's revenue is derived from a limited number of specific named entities.

The company sells its products (gold, silver, and copper concentrate) into a diversified global market through various channels. While specific individual customer names are not disclosed due to the transactional nature of commodity sales, the types of companies that purchase SSR Mining's products include:

• Commercial banks with precious metals divisions
• Bullion dealers
• Refiners that process raw ore and concentrate into pure metals
• Smelters (primarily for copper concentrate)
• Metal traders engaged in global commodity markets

As SSR Mining does not disclose specific major customer companies by name and indicates no dependency on any single buyer, no individual company names or their symbols can be provided as major customers.

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Rodney P. Antal, Executive Chairman of the Board, President and Chief Executive Officer

Mr. Antal was appointed Executive Chairman of SSR Mining in June 2023. Prior to that, he served as President and Chief Executive Officer and a member of the Board of SSR Mining following the merger with Alacer Gold in September 2020. He is also listed as the current President and Chief Executive Officer as of 2024. Before the merger, Mr. Antal held the position of President and Chief Executive Officer with Alacer Gold since August 2013 and served as Alacer Gold's Chief Financial Officer from May 2012 to August 2013. He possesses over 30 years of global mining experience, having started his career at Placer Dome and then spending nearly 15 years within the Rio Tinto Group in various senior management positions.

Michael J. Sparks, Executive Vice President, Chief Financial Officer

Mr. Sparks was appointed Executive Vice President, Chief Financial Officer of SSR Mining in March 2024. He previously served as the company's Executive Vice President, Chief Legal and Administrative Officer and Corporate Secretary since September 2020. Prior to joining SSR Mining, he was the Chief Legal Officer for Alacer Gold Corp. since 2012. Mr. Sparks has extensive experience in public company reporting, compliance, business integration, entity formation, and tax structuring. He also worked at King & Spalding LLP and Davis Graham & Stubbs LLP.

F. Edward Farid, Executive Vice President, Chief Strategy Officer

Mr. Farid was appointed Executive Vice President, Chief Strategy Officer of SSR Mining in March 2024. He previously served as the company's Executive Vice President, Chief Corporate Development Officer since September 2020. With over two decades of mining and investment banking experience, Mr. Farid played a pivotal role in the at-market merger with SSR Mining. Prior to joining Alacer Gold in 2017, he was a senior investment banker at a large bulge bracket bank where he originated, advised, and executed landmark financing and M&A transactions in the precious and base metals sectors.

William (Bill) MacNevin, Executive Vice President, Operations and Sustainability

Mr. MacNevin was appointed Executive Vice President, Operations and Sustainability of SSR Mining in January 2023. He brings over 35 years of international experience in the mining industry, having held senior operational and corporate roles across Placer Dome, Newmont, and most recently Barrick Gold. His previous roles include CEO of Barrick Nevada and General Manager at Lumwana. Prior to joining SSR Mining, he held the position of Processing and Engineering Lead for Barrick Gold and Executive General Manager of the Pueblo Viejo Joint Venture.

Joanne Thomopoulos, Executive Vice President, Human Resources

Ms. Thomopoulos was appointed Executive Vice President, Human Resources of SSR Mining in March 2024. She previously served as the company's Vice President, Human Resources since early 2023. Ms. Thomopoulos has over 20 years of direct leadership experience in human resources, primarily within the mining and energy sectors. Before joining SSR Mining, she worked as Chief People Officer at Trevali Mining and held various HR leadership roles at BC Hydro.

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1. Operational and Regulatory Uncertainty at the Çöpler Mine: The most significant risk stems from the February 2024 landslide incident at its Çöpler mine in Türkiye. This event led to the suspension of operations, the tragic loss of workers, and the subsequent revocation of the mine's environmental permit. The Çöpler mine was a substantial contributor to SSR Mining's cash flow, and its indefinite suspension has significantly impacted the company's 2025 financial outlook. The company faces estimated reclamation and remediation costs of $250 million to $300 million over 24 to 36 months, along with ongoing quarterly care and maintenance costs of approximately $35 million to $40 million. The timeline for resuming operations remains uncertain, and persistent regulatory challenges in Türkiye pose a major ongoing risk.
2. Market Volatility and Commodity Price Fluctuations: SSR Mining's revenue and profitability are highly dependent on the prices of precious metals, primarily gold and silver, which constitute approximately 70% of its revenues, as well as lead and zinc. These commodity prices are subject to significant fluctuations beyond the company's control. A prolonged or substantial decline in commodity prices could materially and adversely affect SSR Mining's financial position, results of operations, and cash flows.
3. Geopolitical Risks and Broader Operational Challenges: The company operates in multiple international jurisdictions, each presenting its own set of geopolitical risks and operational challenges. Beyond the specific incident at Çöpler, these risks include potential disruptions due to geopolitical tensions and instability, as well as increasingly stringent regulatory and environmental standards. For instance, the Seabee gold mine experienced a temporary suspension in June 2025 due to power outages caused by nearby forest fires, highlighting vulnerabilities to environmental disruptions. Compliance with environmental regulations, complex permitting processes, and potential legal disputes can lead to increased operational costs and delays in project development. High all-in sustaining costs (AISC) at sites like Seabee and Marigold also pose a challenge to net margins.

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• Emergence of Digital Assets as Alternative Stores of Value: Gold's traditional role as a safe haven and store of value is increasingly challenged by digital assets such as Bitcoin and other cryptocurrencies. As these digital alternatives gain mainstream acceptance and institutional adoption, they could gradually divert investor demand from physical gold, potentially impacting gold prices and mining profitability over the long term.
• Intensifying Global ESG (Environmental, Social, and Governance) Demands: Mining companies like SSR Mining are facing rapidly increasing scrutiny and pressure from investors, regulators, and local communities regarding their environmental footprint, social license to operate, and governance practices. This translates into higher compliance costs, longer and more complex permitting processes, potential project delays or cancellations, and increased difficulty in attracting capital from ESG-focused funds, fundamentally altering the operating landscape for resource extraction.

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SSR Mining Inc. (symbol: SSRM) operates in the mining industry, primarily producing gold, silver, copper, and zinc. The addressable markets for these main products are global.

• Gold Mining Market: The global gold mining market is projected to exceed $250 billion in 2025. Other estimates for the global gold mining market include a value of approximately USD 215.49 billion in 2024, with projections to reach USD 314.68 billion by 2035. Another report valued the global gold mining market at around USD 267.87 billion in 2024, expected to reach USD 402.34 billion by 2034.
• Silver Mining Market: The global silver mining market was valued at USD 19.3 billion. Another source indicates the global silver mining market is projected to grow from USD 23.83 billion in 2024 to USD 60.76 billion by 2035. The silver ore market, a related segment, was valued at USD 7.56 billion in 2024 and is projected to grow to USD 10.24 billion in 2029.
• Copper Mining Market: The global copper mining market generated a revenue of USD 178,609.3 million in 2022 and is expected to reach USD 219,126.7 million by 2030. Other estimates for the global copper mining market include a value of USD 9.24 billion in 2024, projected to grow to USD 13.93 billion by 2035. Another source estimated the global copper mining market size at USD 9.26 billion in 2024, projected to grow to USD 13.15 billion by 2032.
• Zinc Mining Market: The global zinc mining market generated a revenue of USD 66,085.3 million in 2022 and is expected to reach USD 91,334.1 million by 2030. Another report indicates the global zinc market is expected to grow from an estimated USD 24.15 billion in 2024 to USD 41.50 billion in 2033.

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SSR Mining (symbol: SSRM) is poised for future revenue growth over the next two to three years, driven by several key factors:

1. Restart of the Çöpler Mine: The potential restart of the Çöpler mine in Turkey is a significant anticipated driver of future production and revenue. The company is actively working with Turkish authorities to advance the restart of this operation, which is currently on care and maintenance.
2. Advancement and Production from the Hod Maden Project: The Hod Maden copper-gold project in Turkey is identified as a high-margin undeveloped project. SSR Mining anticipates a construction decision in the coming months, with first production expected in 2027, which is projected to drive significant production growth toward 800,000 gold equivalent ounces by 2027.
3. Organic Growth and Mine Life Extension Across Existing Portfolio: SSR Mining is focused on optimizing and extending the life of its current operating assets:
   • Marigold: The company is evaluating organic growth and mine life extension opportunities, including further exploration and development of projects like Buffalo Valley and New Millennium.
   • Cripple Creek & Victor (CC&V): Following its acquisition, a new technical report and life of mine plan for CC&V are expected to be published in 2025, outlining further growth potential and optimization opportunities. Average annual production from CC&V is expected to be 141,000 ounces of gold from 2026 to 2028.
   • Puna: Efforts are underway to extend the Puna mine life through pit laybacks at the Chinchillas pit and advancing exploration at Cortaderas, with 2026 silver production expected to increase to between 7 and 8 million ounces.
   • Seabee: The company continues to advance exploration and resource development activities, focusing on near-mine extension opportunities.
4. Favorable Metal Prices: A supportive environment for gold prices, influenced by global inflation and currency instability, is expected to positively impact revenue. Recent strong realized gold prices have contributed to improved financial performance.

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Share Repurchases

• SSR Mining entered into a normal course issuer bid (NCIB) in November 2023, authorizing the repurchase for cancellation of up to 10,200,000 common shares over a twelve-month period ending June 19, 2024.
• An automatic share purchase plan (ASPP) was established in November 2023 to facilitate these repurchases, particularly during blackout periods.
• Opportunistic share repurchases have been utilized to soften the impact on a per-share basis.

Share Issuance

• In the third quarter of 2020, SSR Mining issued up to 96,873,955 common shares to Alacer Gold shareholders as part of the merger between the two companies.
• This issuance represented approximately 79% of SSR Mining's common shares outstanding as of June 1, 2020.

Outbound Investments

• SSR Mining acquired the Cripple Creek & Victor (CC&V) Gold Mine from Newmont Corporation, with the transaction closing on February 28, 2025.
• The acquisition involved an upfront cash payment of $100 million and up to $175 million in future milestone-based payments.
• In December 2021, SSR Mining acquired Taiga Gold, a gold exploration company.

Capital Expenditures

• For 2025, growth capital expenditures are expected to range from $100 million to $140 million, primarily driven by the Hod Maden project.
• Attributable growth capital expenditures for Hod Maden in 2025 are projected at $60 million to $100 million, focusing on initial earthworks and site access.
• Sustaining capital expenditures in 2025 are planned at $15 million, with a focus on extending the mine life at Puna, and an additional $25 million in growth capital is expected at CC&V for leach pad development and expansions.