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) THREE MONTHS ENDED MARCH 31, 2017 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ — $ 107,194 $ 98,944 $ — $ 206,138 COSTS AND EXPENSES Costs applicable to sales (1) — 71,202 61,510 — 132,712 Amortization 324 18,104 21,676 — 40,104 General and administrative 10,106 24 3 — 10,133 Exploration 336 1,727 3,189 — 5,252 Pre-development, reclamation, and other 175 1,781 2,625 — 4,581 Total costs and expenses 10,941 92,838 89,003 — 192,782 OTHER INCOME (EXPENSE), NET Fair value adjustments, net — (1,200 ) — — (1,200 ) Other, net 15,222 5,458 1,873 (1,414 ) 21,139 Interest expense, net of capitalized interest (3,279 ) (175 ) (1,546 ) 1,414 (3,586 ) Total other income (expense), net 11,943 4,083 327 — 16,353 Loss before income and mining taxes 1,002 18,439 10,268 — 29,709 Income and mining tax (expense) benefit 1,588 (2,434 ) (10,200 ) — (11,046 ) Total loss after income and mining taxes 2,590 16,005 68 — 18,663 Equity income (loss) in consolidated subsidiaries 16,073 70 (67 ) (16,076 ) — NET INCOME (LOSS) $ 18,663 $ 16,075 $ 1 $ (16,076 ) $ 18,663 OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on marketable securities, net of tax (2,182 ) (279 ) — 279 (2,182 ) Reclassification adjustments for impairment of equity securities, net of tax 121 121 — (121 ) 121 Reclassification adjustments for realized gain (loss) on sale of equity securities, net of tax 1,471 (369 ) — 369 1,471 Other comprehensive income (loss) (590 ) (527 ) — 527 (590 ) COMPREHENSIVE INCOME (LOSS) $ 18,073 $ 15,548 $ 1 $ (15,549 ) $ 18,073 (1) Excludes amortization. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) THREE MONTHS ENDED MARCH 31, 2016 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ — $ 93,954 $ 54,433 $ — $ 148,387 COSTS AND EXPENSES Costs applicable to sales (1) — 62,364 39,191 — 101,555 Amortization 423 17,859 9,682 — 27,964 General and administrative 8,080 18 178 — 8,276 Exploration 623 184 924 — 1,731 Write-downs — — 4,446 — 4,446 Pre-development, reclamation, and other 452 1,416 2,336 — 4,204 Total costs and expenses 9,578 81,841 56,757 — 148,176 OTHER INCOME (EXPENSE), NET Fair value adjustments, net (1,582 ) (2,249 ) (4,864 ) — (8,695 ) Other, net 338 2,254 (253 ) (1,025 ) 1,314 Interest expense, net of capitalized interest (10,255 ) (213 ) (1,677 ) 1,025 (11,120 ) Total other income (expense), net (11,499 ) (208 ) (6,794 ) — (18,501 ) Income (Loss) before income and mining taxes (21,077 ) 11,905 (9,118 ) — (18,290 ) Income and mining tax (expense) benefit (209 ) (307 ) (1,590 ) — (2,106 ) Income (Loss) after income and mining taxes (21,286 ) 11,598 (10,708 ) — (20,396 ) Equity income (loss) in consolidated subsidiaries 890 (4,479 ) — 3,589 — NET INCOME (LOSS) $ (20,396 ) $ 7,119 $ (10,708 ) $ 3,589 $ (20,396 ) OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on equity securities, net of tax 1,043 976 — (976 ) 1,043 Reclassification adjustments for realized loss on sale of equity securities, net of tax 588 (381 ) — 381 588 Other comprehensive income (loss) 1,631 595 — (595 ) 1,631 COMPREHENSIVE INCOME (LOSS) $ (18,765 ) $ 7,714 $ (10,708 ) $ 2,994 $ (18,765 ) (1) Excludes amortization. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS THREE MONTHS ENDED MARCH 31, 2017 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES: Cash provided by (used in) operating activities $ (4,815 ) $ 17,183 $ 58,979 $ (16,076 ) 55,271 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures (319 ) (16,975 ) (6,685 ) — (23,979 ) Proceeds from the sale of long-lived assets 8,916 6,151 (48 ) — 15,019 Purchase of investments (1,016 ) — — — (1,016 ) Sales and maturities of investments 9,157 863 — — 10,020 Other (1,486 ) — (60 ) — (1,546 ) Investments in consolidated subsidiaries (12,454 ) (70 ) 67 12,457 — CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 2,798 (10,031 ) (6,726 ) 12,457 (1,502 ) CASH FLOWS FROM FINANCING ACTIVITIES: Payments on debt, capital leases, and associated costs — (1,874 ) (1,352 ) — (3,226 ) Net intercompany financing activity 14,318 (9,325 ) (8,612 ) 3,619 — Other (3,247 ) — — — (3,247 ) CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 11,071 (11,199 ) (9,964 ) 3,619 (6,473 ) Effect of exchange rate changes on cash and cash equivalents — — 555 — 555 NET CHANGE IN CASH AND CASH EQUIVALENTS 9,054 (4,047 ) 42,844 — 47,851 Cash and cash equivalents at beginning of period 58,048 50,023 54,111 — 162,182 Cash and cash equivalents at end of period $ 67,102 $ 45,976 $ 96,955 $ — $ 210,033 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS THREE MONTHS ENDED MARCH 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 $ (28,642 ) $ 21,460 $ 10,210 $ 3,589 6,617 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures (46 ) (12,790 ) (9,336 ) — (22,172 ) Proceeds from the sale of long-lived assets — 4,000 9 — 4,009 Purchase of investments (7 ) — — — (7 ) Sales and maturities of investments 501 496 — — 997 Other (1,539 ) 107 (41 ) — (1,473 ) Investments in consolidated subsidiaries 3,420 8,179 — (11,599 ) — CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 2,329 (8 ) (9,368 ) (11,599 ) (18,646 ) CASH FLOWS FROM FINANCING ACTIVITIES: Payments on debt, capital leases, and associated costs (250 ) (830 ) (4,891 ) — (5,971 ) Gold production royalty payments — — (9,131 ) — (9,131 ) Net intercompany financing activity (7,879 ) (24,965 ) 24,834 8,010 — Other (280 ) — — — (280 ) CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (8,409 ) (25,795 ) 10,812 8,010 (15,382 ) Effect of exchange rate changes on cash and cash equivalents — 4 82 — 86 NET CHANGE IN CASH AND CASH EQUIVALENTS (34,722 ) (4,339 ) 11,736 — (27,325 ) Cash and cash equivalents at beginning of period 96,123 34,228 70,363 — 200,714 Cash and cash equivalents at end of period $ 61,401 $ 29,889 $ 82,099 $ — $ 173,389 CONDENSED CONSOLIDATING BALANCE SHEET MARCH 31, 2017 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS CURRENT ASSETS Cash and cash equivalents $ 67,102 $ 45,976 $ 96,955 $ — $ 210,033 Receivables (12 ) 9,084 57,992 — 67,064 Ore on leach pads — 66,585 — — 66,585 Inventory — 38,295 35,465 — 73,760 Prepaid expenses and other 7,719 3,699 11,032 — 22,450 74,809 163,639 201,444 — 439,892 NON-CURRENT ASSETS Property, plant and equipment, net 3,217 146,122 73,278 — 222,617 Mining properties, net 4,000 202,397 342,810 — 549,207 Ore on leach pads — 72,461 — — 72,461 Restricted assets 11,701 226 7,027 — 18,954 Equity securities 450 3,346 — — 3,796 Receivables — — 15,558 — 15,558 Net investment in subsidiaries 274,724 11,720 (624 ) (285,820 ) — Other 216,386 10,009 5,256 (216,386 ) 15,265 TOTAL ASSETS $ 585,287 $ 609,920 $ 644,749 $ (502,206 ) $ 1,337,750 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Accounts payable $ 1,547 $ 21,364 $ 24,459 $ — $ 47,370 Other accrued liabilities 7,234 9,555 21,210 — 37,999 Debt — 7,852 5,599 — 13,451 Royalty obligations — 4,961 — — 4,961 Reclamation — 2,754 850 — 3,604 8,781 46,486 52,118 — 107,385 NON-CURRENT LIABILITIES Debt 176,114 23,288 222,609 (216,386 ) 205,625 Royalty obligations — 4,316 — — 4,316 Reclamation — 76,443 21,152 — 97,595 Deferred tax liabilities 9,072 6,354 60,937 — 76,363 Other long-term liabilities 2,407 4,756 52,683 — 59,846 Intercompany payable (receivable) (397,707 ) 326,814 70,893 — — (210,114 ) 441,971 428,274 (216,386 ) 443,745 STOCKHOLDERS’ EQUITY Common stock 1,815 250 191,613 (191,863 ) 1,815 Additional paid-in capital 3,314,644 181,683 1,809,557 (1,991,240 ) 3,314,644 Accumulated deficit (2,526,761 ) (57,455 ) (1,836,813 ) 1,894,268 (2,526,761 ) Accumulated other comprehensive income (loss) (3,078 ) (3,015 ) — 3,015 (3,078 ) 786,620 121,463 164,357 (285,820 ) 786,620 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 585,287 $ 609,920 $ 644,749 $ (502,206 ) $ 1,337,750 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 (221,193 ) 12,604 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 |