SUPPLEMENTAL GUARANTOR INFORMATION | SUPPLEMENTAL GUARANTOR INFORMATION The following Consolidating Financial Statements are presented to satisfy disclosure requirements of Rule 3-10 of Regulation S-X resulting from the guarantees by Coeur Alaska, Inc., Coeur Explorations, Inc., Coeur Rochester, Inc., Coeur South America Corp., Wharf Resources (U.S.A.), Inc. and its subsidiaries, and Coeur Capital, Inc. (collectively, the “Subsidiary Guarantors”) of the Senior Notes. The following schedules present Consolidating Financial Statements of (a) Coeur, the parent company; (b) the Subsidiary Guarantors; and (c) certain wholly-owned domestic and foreign subsidiaries of the Company (collectively, the “Non-Guarantor Subsidiaries”). Each of the Subsidiary Guarantors is 100% owned by Coeur and the guarantees are full and unconditional and joint and several obligations. There are no restrictions on the ability of Coeur to obtain funds from the Subsidiary Guarantors by dividend or loan. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) YEAR ENDED DECEMBER 31, 2016 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ — $ 423,488 $ 242,289 $ — $ 665,777 COSTS AND EXPENSES Costs applicable to sales (1) — 252,836 156,705 — 409,541 Amortization 1,558 77,392 44,211 — 123,161 COSTS AND EXPENSES General and administrative 28,704 250 422 — 29,376 Exploration 1,596 6,127 5,207 — 12,930 Write-downs — — 4,446 — 4,446 Pre-development, reclamation, and other 2,044 5,839 9,336 — 17,219 Total costs and expenses 33,902 342,444 220,327 — 596,673 OTHER INCOME (EXPENSE), NET Loss on debt extinguishments (21,365 ) — — — (21,365 ) Fair value adjustments, net (1,635 ) (4,133 ) (5,813 ) — (11,581 ) Other, net 4,357 2,139 463 (5,084 ) 1,875 Interest expense, net of capitalized interest (35,158 ) (861 ) (5,985 ) 5,084 (36,920 ) Total other income (expense), net (53,801 ) (2,855 ) (11,335 ) — (67,991 ) Loss before income and mining taxes (87,703 ) 78,189 10,627 — 1,113 Income and mining tax (expense) benefit 11,733 (7,517 ) 50,023 — 54,239 Total loss after income and mining taxes (75,970 ) 70,672 60,650 — 55,352 Equity income (loss) in consolidated subsidiaries 131,322 (4,353 ) — (126,969 ) — NET INCOME (LOSS) $ 55,352 $ 66,319 $ 60,650 $ (126,969 ) $ 55,352 OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on marketable securities, net of tax 3,222 3,156 — (3,156 ) 3,222 Reclassification adjustments for impairment of equity securities, net of tax 703 703 — (703 ) 703 Reclassification adjustments for realized loss on sale of equity securities, net of tax (2,691 ) (3,181 ) — 3,181 (2,691 ) Other comprehensive income (loss) 1,234 678 — (678 ) 1,234 COMPREHENSIVE INCOME (LOSS) $ 56,586 $ 66,997 $ 60,650 $ (127,647 ) $ 56,586 (1) Excludes amortization. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) YEAR ENDED DECEMBER 31, 2015 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ — $ 378,278 $ 267,808 $ — $ 646,086 COSTS AND EXPENSES Costs applicable to sales (1) — 261,830 217,824 — 479,654 Amortization 1,991 83,325 58,435 — 143,751 COSTS AND EXPENSES General and administrative 32,405 35 394 — 32,834 Exploration 2,265 3,931 5,451 — 11,647 Write-downs — 1,630 311,707 — 313,337 Pre-development, reclamation, and other 4,083 5,920 7,790 — 17,793 Total costs and expenses 40,744 356,671 601,601 — 999,016 OTHER INCOME (EXPENSE), NET Gain on debt extinguishments 15,916 — — — 15,916 Fair value adjustments, net 1,224 818 3,160 — 5,202 Other, net 4,336 (3,106 ) (13,385 ) (3,776 ) (15,931 ) Interest expense, net of capitalized interest (39,867 ) (966 ) (8,646 ) 3,776 (45,703 ) Total other income (expense), net (18,391 ) (3,254 ) (18,871 ) — (40,516 ) Income (Loss) before income and mining taxes (59,135 ) 18,353 (352,664 ) — (393,446 ) Income and mining tax (expense) benefit 1,827 (2,354 ) 26,790 — 26,263 Income (Loss) after income and mining taxes (57,308 ) 15,999 (325,874 ) — (367,183 ) Equity income (loss) in consolidated subsidiaries (309,875 ) (14,814 ) — 324,689 — NET INCOME (LOSS) $ (367,183 ) $ 1,185 $ (325,874 ) $ 324,689 $ (367,183 ) OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on equity securities, net of tax (4,154 ) (3,118 ) — 3,118 (4,154 ) Reclassification adjustments for impairment of equity securities, net of tax 2,346 2,346 — (2,346 ) 2,346 Reclassification adjustments for realized loss on sale of equity securities, net of tax 894 894 — (894 ) 894 Other comprehensive income (loss) (914 ) 122 — (122 ) (914 ) COMPREHENSIVE INCOME (LOSS) $ (368,097 ) $ 1,307 $ (325,874 ) $ 324,567 $ (368,097 ) (1) Excludes amortization. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) YEAR ENDED DECEMBER 31, 2014 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ — $ 261,963 $ 373,779 $ — $ 635,742 COSTS AND EXPENSES Costs applicable to sales (1) — 196,805 281,140 — 477,945 Amortization 1,805 65,100 95,531 — 162,436 COSTS AND EXPENSES General and administrative 39,976 6 863 — 40,845 Exploration 3,560 11,157 7,023 — 21,740 Write-downs — 107,832 1,364,889 — 1,472,721 Pre-development, reclamation, and other 8,813 3,889 13,335 — 26,037 Total costs and expenses 54,154 384,789 1,762,781 — 2,201,724 OTHER INCOME (EXPENSE), NET Fair value adjustments, net 1,812 3,653 (1,847 ) — 3,618 Other, net 4,406 (7,023 ) 227 (2,828 ) (5,218 ) Interest expense, net of capitalized interest (38,389 ) (891 ) (11,094 ) 2,828 (47,546 ) Total other income (expense), net (32,171 ) (4,261 ) (12,714 ) — (49,146 ) Income (Loss) before income and mining taxes (86,325 ) (127,087 ) (1,401,716 ) — (1,615,128 ) Income and mining tax (expense) benefit 1,742 (2,224 ) 428,736 — 428,254 Income (Loss) after income and mining taxes (84,583 ) (129,311 ) (972,980 ) — (1,186,874 ) Equity income (loss) in consolidated subsidiaries (1,102,291 ) (4,181 ) — 1,106,472 — NET INCOME (LOSS) $ (1,186,874 ) $ (133,492 ) $ (972,980 ) $ 1,106,472 $ (1,186,874 ) OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on equity securities, net of tax (2,290 ) (2,272 ) — 2,272 (2,290 ) Reclassification adjustments for impairment of equity securities, net of tax 4,042 4,042 — (4,042 ) 4,042 Reclassification adjustments for realized loss on sale of equity securities, net of tax 346 328 — (328 ) 346 Other comprehensive income (loss) 2,098 2,098 — (2,098 ) 2,098 COMPREHENSIVE INCOME (LOSS) $ (1,184,776 ) $ (131,394 ) $ (972,980 ) $ 1,104,374 $ (1,184,776 ) (1) Excludes amortization. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS YEAR ENDED DECEMBER 31, 2016 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES: Cash provided by (used in) operating activities $ 62,207 $ 134,892 $ 55,687 $ (126,969 ) 125,817 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures (246 ) (58,084 ) (42,683 ) — (101,013 ) Proceeds from the sale of long-lived assets — 4,800 11,496 — 16,296 Purchase of investments (178 ) — — — (178 ) Sales and maturities of investments 501 6,576 — — 7,077 Acquisitions, net of cash acquired — — (1,417 ) — (1,417 ) Other (4,396 ) 368 (180 ) — (4,208 ) Investments in consolidated subsidiaries (107,855 ) 25,047 — 82,808 — CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (112,174 ) (21,293 ) (32,784 ) 82,808 (83,443 ) CASH FLOWS FROM FINANCING ACTIVITIES: Payments on debt, capital leases, and associated costs (303,686 ) (10,894 ) (8,221 ) — (322,801 ) Gold production royalty payments — — (27,155 ) — (27,155 ) Net intercompany financing activity 45,850 (86,914 ) (3,097 ) 44,161 — Issuance of common stock 269,556 — — — 269,556 Other 172 — — — 172 CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 11,892 (97,808 ) (38,473 ) 44,161 (80,228 ) Effect of exchange rate changes on cash and cash equivalents — 4 (682 ) — (678 ) NET CHANGE IN CASH AND CASH EQUIVALENTS (38,075 ) 15,795 (16,252 ) — (38,532 ) Cash and cash equivalents at beginning of period 96,123 34,228 70,363 — 200,714 Cash and cash equivalents at end of period $ 58,048 $ 50,023 $ 54,111 $ — $ 162,182 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS YEAR ENDED DECEMBER 31, 2015 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES: Cash provided by (used in) operating activities $ (377,091 ) $ 86,486 $ 79,458 $ 324,689 113,542 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures (514 ) (52,376 ) (42,303 ) — (95,193 ) Proceeds from the sale of long-lived assets — 289 318 — 607 Purchase of investments (1,880 ) — — — (1,880 ) Sales and maturities of investments 2 532 71 — 605 Acquisitions, net of cash acquired (110,846 ) — — — (110,846 ) Other (4,710 ) 234 (110 ) — (4,586 ) Investments in consolidated subsidiaries 282,041 20,239 120 (302,400 ) — CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 164,093 (31,082 ) (41,904 ) (302,400 ) (211,293 ) CASH FLOWS FROM FINANCING ACTIVITIES: Issuance of notes and bank borrowings 150,000 — 3,500 — 153,500 Payments on debt, capital leases, and associated costs (62,930 ) (7,428 ) (14,357 ) — (84,715 ) Gold production royalty payments — — (39,235 ) — (39,235 ) Net intercompany financing activity 12,232 (19,518 ) 29,575 (22,289 ) — Other (542 ) — — — (542 ) CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 98,760 (26,946 ) (20,517 ) (22,289 ) 29,008 Effect of exchange rate changes on cash and cash equivalents — (11 ) (1,393 ) — (1,404 ) NET CHANGE IN CASH AND CASH EQUIVALENTS (114,238 ) 28,447 15,644 — (70,147 ) Cash and cash equivalents at beginning of period 210,361 5,781 54,719 — 270,861 Cash and cash equivalents at end of period $ 96,123 $ 34,228 $ 70,363 $ — $ 200,714 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS YEAR ENDED DECEMBER 31, 2014 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES: Cash provided by (used in) operating activities $ (1,175,464 ) $ 41,292 $ 81,248 $ 1,106,472 53,548 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures (1,849 ) (28,118 ) (34,277 ) — (64,244 ) Proceeds from the sale of long-lived assets — 48 281 — 329 Purchase of investments (50,013 ) (429 ) (71 ) — (50,513 ) Sales and maturities of investments 49,069 5,261 14 — 54,344 Acquisitions, net of cash acquired (12,079 ) (4,000 ) (5,250 ) — (21,329 ) Other — — (321 ) — (321 ) Investments in consolidated subsidiaries 1,151,372 4,106 — (1,155,478 ) — CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 1,136,500 (23,132 ) (39,624 ) (1,155,478 ) (81,734 ) CASH FLOWS FROM FINANCING ACTIVITIES: Issuance of notes and bank borrowings 153,000 — 14,784 — 167,784 Payments on debt, capital leases, and associated costs (18,545 ) (6,114 ) (1,243 ) — (25,902 ) Gold production royalty payments — — (48,395 ) — (48,395 ) Net intercompany financing activity (21,697 ) (7,256 ) (20,053 ) 49,006 — Other (509 ) — — — (509 ) CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 112,249 (13,370 ) (54,907 ) 49,006 92,978 Effect of exchange rate changes on cash and cash equivalents — — (621 ) — (621 ) NET CHANGE IN CASH AND CASH EQUIVALENTS 73,285 4,790 (13,904 ) — 64,171 Cash and cash equivalents at beginning of period 137,076 991 68,623 — 206,690 Cash and cash equivalents at end of period $ 210,361 $ 5,781 $ 54,719 $ — $ 270,861 CONDENSED CONSOLIDATING BALANCE SHEET DECEMBER 31, 2016 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS CURRENT ASSETS Cash and cash equivalents $ 58,048 $ 50,023 $ 54,111 $ — $ 162,182 Receivables 12 6,865 53,554 — 60,431 Ore on leach pads — 64,167 — — 64,167 Inventory — 49,393 56,633 — 106,026 Prepaid expenses and other 3,803 1,459 12,719 — 17,981 61,863 171,907 177,017 — 410,787 NON-CURRENT ASSETS Property, plant and equipment, net 3,222 139,885 73,689 — 216,796 Mining properties, net — 195,791 362,664 — 558,455 Ore on leach pads — 67,231 — — 67,231 Restricted assets 10,170 226 7,201 — 17,597 Equity securities — 4,488 — — 4,488 Receivables — — 30,951 — 30,951 Deferred tax assets — — 191 — 191 Net investment in subsidiaries 273,056 11,650 — (284,706 ) — Other 221,381 9,263 3,153 (221,384 ) 12,413 TOTAL ASSETS $ 569,692 $ 600,441 $ 654,866 $ (506,090 ) $ 1,318,909 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Accounts payable $ 2,153 $ 24,921 $ 26,261 $ — $ 53,335 Other accrued liabilities 12,881 13,664 16,198 — 42,743 Debt — 6,516 5,523 — 12,039 Royalty obligations — 4,995 — — 4,995 Reclamation — 2,672 850 — 3,522 15,034 52,768 48,832 — 116,634 NON-CURRENT LIABILITIES Debt 175,991 15,214 229,036 (221,384 ) 198,857 Royalty obligations — 4,292 — — 4,292 Reclamation — 75,183 20,621 — 95,804 Deferred tax liabilities 13,810 6,179 54,809 — 74,798 Other long-term liabilities 1,993 4,750 53,294 — 60,037 Intercompany payable (receivable) (405,623 ) 336,813 68,810 — — (213,829 ) 442,431 426,570 (221,384 ) 433,788 STOCKHOLDERS’ EQUITY Common stock 1,809 250 197,913 (198,163 ) 1,809 Additional paid-in capital 3,314,590 181,009 1,864,261 (2,045,270 ) 3,314,590 Accumulated deficit (2,545,424 ) (73,529 ) (1,882,710 ) 1,956,239 (2,545,424 ) Accumulated other comprehensive income (loss) (2,488 ) (2,488 ) — 2,488 (2,488 ) 768,487 105,242 179,464 (284,706 ) 768,487 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 569,692 $ 600,441 $ 654,866 $ (506,090 ) $ 1,318,909 CONDENSED CONSOLIDATING BALANCE SHEET DECEMBER 31, 2015 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS CURRENT ASSETS Cash and cash equivalents $ 96,123 $ 34,228 $ 70,363 $ — $ 200,714 Receivables 11 12,773 73,208 — 85,992 Ore on leach pads — 67,329 — — 67,329 Inventory — 45,491 36,220 — 81,711 Prepaid expenses and other 3,496 1,075 6,371 — 10,942 99,630 160,896 186,162 — 446,688 NON-CURRENT ASSETS Property, plant and equipment, net 4,546 138,706 52,747 — 195,999 Mining properties, net — 199,303 389,916 — 589,219 Ore on leach pads — 44,582 — — 44,582 Restricted assets 5,755 381 5,497 — 11,633 Equity securities 434 2,332 — — 2,766 Receivables — — 24,768 — 24,768 Deferred tax assets — — 1,942 — 1,942 Net investment in subsidiaries 127,671 27,657 — (155,328 ) — Other 54,578 9,197 5,695 (54,578 ) 14,892 TOTAL ASSETS $ 292,614 $ 583,054 $ 666,727 $ (209,906 ) $ 1,332,489 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Accounts payable $ 1,743 $ 21,956 $ 28,454 $ — $ 52,153 Other accrued liabilities 20,555 11,177 18,800 — 50,532 Debt 1,000 8,120 1,311 — 10,431 Royalty obligations — 4,729 20,164 — 24,893 Reclamation — 1,401 1,821 (1,151 ) 2,071 23,298 47,383 70,550 (1,151 ) 140,080 NON-CURRENT LIABILITIES Debt 467,634 4,947 61,976 (54,578 ) 479,979 Royalty obligations — 4,864 — — 4,864 Reclamation — 61,924 20,122 1,151 83,197 Deferred tax liabilities 28,600 6,927 111,605 — 147,132 Other long-term liabilities 2,171 3,838 49,752 — 55,761 Intercompany payable (receivable) (650,565 ) 411,103 239,462 — — (152,160 ) 493,603 482,917 (53,427 ) 770,933 STOCKHOLDERS’ EQUITY Common stock 1,513 250 130,885 (131,135 ) 1,513 Additional paid-in capital 3,024,461 179,553 1,896,047 (2,075,600 ) 3,024,461 Accumulated deficit (2,600,776 ) (135,049 ) (1,913,672 ) 2,048,721 (2,600,776 ) Accumulated other comprehensive income (loss) (3,722 ) (2,686 ) — 2,686 (3,722 ) 421,476 42,068 113,260 (155,328 ) 421,476 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 292,614 $ 583,054 $ 666,727 $ (209,906 ) $ 1,332,489 |