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 2024 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 JUNE 30, 2017 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ — $ 95,371 $ 77,983 $ — $ 173,354 COSTS AND EXPENSES Costs applicable to sales (1) — 67,916 57,705 — 125,621 Amortization 298 15,835 16,813 — 32,946 General and administrative 6,960 (4 ) 86 — 7,042 Exploration 395 3,217 4,201 — 7,813 Pre-development, reclamation, and other 598 1,890 1,878 — 4,366 Total costs and expenses 8,251 88,854 80,683 — 177,788 OTHER INCOME (EXPENSE), NET Loss on debt extinguishments (9,342 ) — — — (9,342 ) Fair value adjustments, net — 336 — — 336 Other, net 2,000 2,477 1,071 (1,412 ) 4,136 Interest expense, net of capitalized interest (3,377 ) (264 ) (1,520 ) 1,412 (3,749 ) Total other income (expense), net (10,719 ) 2,549 (449 ) — (8,619 ) Loss before income and mining taxes (18,970 ) 9,066 (3,149 ) — (13,053 ) Income and mining tax (expense) benefit 3,395 (938 ) (359 ) — 2,098 Total loss after income and mining taxes (15,575 ) 8,128 (3,508 ) — (10,955 ) Equity income (loss) in consolidated subsidiaries 4,620 1,139 (238 ) (5,521 ) — NET INCOME (LOSS) $ (10,955 ) $ 9,267 $ (3,746 ) $ (5,521 ) $ (10,955 ) OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on marketable securities, net of tax (18 ) (469 ) — 469 (18 ) Reclassification adjustments for impairment of equity securities, net of tax 305 305 — (305 ) 305 Reclassification adjustments for realized gain (loss) on sale of equity securities, net of tax (203 ) (203 ) — 203 (203 ) Other comprehensive income (loss) 84 (367 ) — 367 84 COMPREHENSIVE INCOME (LOSS) $ (10,871 ) $ 8,900 $ (3,746 ) $ (5,154 ) $ (10,871 ) (1) Excludes amortization. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) THREE MONTHS ENDED JUNE 30, 2016 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ — $ 106,207 $ 75,800 $ — $ 182,007 COSTS AND EXPENSES Costs applicable to sales (1) — 58,674 41,791 — 100,465 Amortization 413 20,374 16,718 — 37,505 General and administrative 7,096 203 101 — 7,400 Exploration 479 1,249 505 — 2,233 Write-downs — — — — — Pre-development, reclamation, and other 934 1,446 1,984 — 4,364 Total costs and expenses 8,922 81,946 61,099 — 151,967 OTHER INCOME (EXPENSE), NET Fair value adjustments, net (53 ) (2,686 ) (840 ) — (3,579 ) Other, net 1,341 (2,193 ) 143 (1,148 ) (1,857 ) Interest expense, net of capitalized interest (10,241 ) (243 ) (1,539 ) 1,148 (10,875 ) Total other income (expense), net (8,953 ) (5,122 ) (2,236 ) — (16,311 ) Income (Loss) before income and mining taxes (17,875 ) 19,139 12,465 — 13,729 Income and mining tax (expense) benefit (248 ) (1,595 ) 2,611 — 768 Income (Loss) after income and mining taxes (18,123 ) 17,544 15,076 — 14,497 Equity income (loss) in consolidated subsidiaries 32,620 (674 ) — (31,946 ) — NET INCOME (LOSS) $ 14,497 $ 16,870 $ 15,076 $ (31,946 ) $ 14,497 OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on equity securities, net of tax 2,103 2,103 — (2,103 ) 2,103 Reclassification adjustments for impairment of equity securities, net of tax 20 20 — (20 ) 20 Reclassification adjustments for realized loss on sale of equity securities, net of tax (314 ) (314 ) — 314 (314 ) Other comprehensive income (loss) 1,809 1,809 — (1,809 ) 1,809 COMPREHENSIVE INCOME (LOSS) $ 16,306 $ 18,679 $ 15,076 $ (33,755 ) $ 16,306 (1) Excludes amortization. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS THREE MONTHS ENDED JUNE 30, 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 $ (5,005 ) $ 14,844 $ 24,961 $ (5,521 ) 29,279 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures (989 ) (23,937 ) (12,556 ) — (37,482 ) Proceeds from the sale of long-lived assets 1 443 (8 ) — 436 Purchase of investments (8,948 ) — — — (8,948 ) Sales and maturities of investments — 898 — — 898 Other — — (61 ) — (61 ) Investments in consolidated subsidiaries (550 ) 823 240 (513 ) — CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (10,486 ) (21,773 ) (12,385 ) (513 ) (45,157 ) CASH FLOWS FROM FINANCING ACTIVITIES: Issuance of notes and bank borrowings 244,958 — — — 244,958 Payments on debt, capital leases, and associated costs (185,538 ) (2,021 ) (1,372 ) — (188,931 ) Net intercompany financing activity (6,680 ) 10,886 (10,240 ) 6,034 — Other (473 ) — — — (473 ) CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 52,267 8,865 (11,612 ) 6,034 55,554 Effect of exchange rate changes on cash and cash equivalents — — 329 — 329 NET CHANGE IN CASH AND CASH EQUIVALENTS 36,776 1,936 1,293 — 40,005 Cash and cash equivalents at beginning of period 67,102 45,976 96,955 — 210,033 Cash and cash equivalents at end of period $ 103,878 $ 47,912 $ 98,248 $ — $ 250,038 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS THREE MONTHS ENDED JUNE 30, 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 $ 25,384 $ 31,117 $ 21,384 $ (31,946 ) 45,939 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures (88 ) (12,932 ) (10,268 ) — (23,288 ) Proceeds from the sale of long-lived assets — 41 7,252 — 7,293 Purchase of investments (92 ) — — — (92 ) Sales and maturities of investments — 648 — — 648 Other (1,601 ) 196 (41 ) — (1,446 ) Investments in consolidated subsidiaries (24,352 ) 15,981 — 8,371 — CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (26,133 ) 3,934 (3,057 ) 8,371 (16,885 ) CASH FLOWS FROM FINANCING ACTIVITIES: Issuance of common stock 73,071 — — — 73,071 Payments on debt, capital leases, and associated costs (250 ) (5,673 ) (789 ) — (6,712 ) Gold production royalty payments — — (10,461 ) — (10,461 ) Net intercompany financing activity (5,222 ) (5,720 ) (12,633 ) 23,575 — Other (448 ) — — — (448 ) CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 67,151 (11,393 ) (23,883 ) 23,575 55,450 Effect of exchange rate changes on cash and cash equivalents — 1 (303 ) — (302 ) NET CHANGE IN CASH AND CASH EQUIVALENTS 66,402 23,659 (5,859 ) — 84,202 Cash and cash equivalents at beginning of period 61,401 29,889 82,099 — 173,389 Cash and cash equivalents at end of period $ 127,803 $ 53,548 $ 76,240 $ — $ 257,591 CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) SIX MONTHS ENDED JUNE 30, 2017 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ — $ 202,565 $ 176,927 $ — $ 379,492 COSTS AND EXPENSES Costs applicable to sales (1) — 139,118 119,215 — 258,333 Amortization 622 33,939 38,489 — 73,050 General and administrative 17,066 20 89 — 17,175 Exploration 731 4,944 7,390 — 13,065 Pre-development, reclamation, and other 773 3,671 4,503 — 8,947 Total costs and expenses 19,192 181,692 169,686 — 370,570 OTHER INCOME (EXPENSE), NET Loss on debt extinguishments (9,342 ) — — — (9,342 ) Fair value adjustments, net — (864 ) — — (864 ) Other, net 17,222 7,935 2,944 (2,826 ) 25,275 Interest expense, net of capitalized interest (6,656 ) (439 ) (3,066 ) 2,826 (7,335 ) Total other income (expense), net 1,224 6,632 (122 ) — 7,734 Loss before income and mining taxes (17,968 ) 27,505 7,119 — 16,656 Income and mining tax (expense) benefit 4,983 (3,372 ) (10,559 ) — (8,948 ) Total loss after income and mining taxes (12,985 ) 24,133 (3,440 ) — 7,708 Equity income (loss) in consolidated subsidiaries 20,693 1,209 (305 ) (21,597 ) — NET INCOME (LOSS) $ 7,708 $ 25,342 $ (3,745 ) $ (21,597 ) $ 7,708 OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on marketable securities, net of tax (2,200 ) (748 ) — 748 (2,200 ) Reclassification adjustments for impairment of equity securities, net of tax 426 426 — (426 ) 426 Reclassification adjustments for realized gain (loss) on sale of equity securities, net of tax 1,268 (572 ) — 572 1,268 Other comprehensive income (loss) (506 ) (894 ) — 894 (506 ) COMPREHENSIVE INCOME (LOSS) $ 7,202 $ 24,448 $ (3,745 ) $ (20,703 ) $ 7,202 (1) Excludes amortization. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) SIX MONTHS ENDED JUNE 30, 2016 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ — $ 200,161 $ 130,233 $ — $ 330,394 COSTS AND EXPENSES Costs applicable to sales (1) — 121,038 80,982 — 202,020 Amortization 836 38,233 26,401 — 65,470 General and administrative 15,176 221 279 — 15,676 Exploration 1,102 1,433 1,428 — 3,963 Write-downs — — 4,446 — 4,446 Pre-development, reclamation, and other 1,386 2,862 4,320 — 8,568 Total costs and expenses 18,500 163,787 117,856 — 300,143 OTHER INCOME (EXPENSE), NET Fair value adjustments, net (1,635 ) (4,935 ) (5,704 ) — (12,274 ) Other, net 1,679 61 (110 ) (2,173 ) (543 ) Interest expense, net of capitalized interest (20,496 ) (456 ) (3,216 ) 2,173 (21,995 ) Total other income (expense), net (20,452 ) (5,330 ) (9,030 ) — (34,812 ) Income (Loss) before income and mining taxes (38,952 ) 31,044 3,347 — (4,561 ) Income and mining tax (expense) benefit (457 ) (1,902 ) 1,021 — (1,338 ) Income (Loss) after income and mining taxes (39,409 ) 29,142 4,368 — (5,899 ) Equity income (loss) in consolidated subsidiaries 33,510 (5,153 ) — (28,357 ) — NET INCOME (LOSS) $ (5,899 ) $ 23,989 $ 4,368 $ (28,357 ) $ (5,899 ) OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on equity securities, net of tax 3,146 3,079 — (3,079 ) 3,146 Reclassification adjustments for impairment of equity securities, net of tax 20 20 — (20 ) 20 Reclassification adjustments for realized loss on sale of equity securities, net of tax 273 (695 ) — 695 273 Other comprehensive income (loss) 3,439 2,404 — (2,404 ) 3,439 COMPREHENSIVE INCOME (LOSS) $ (2,460 ) $ 26,393 $ 4,368 $ (30,761 ) $ (2,460 ) (1) Excludes amortization. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS SIX MONTHS ENDED JUNE 30, 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 $ (9,820 ) $ 32,027 52,577 $ 83,940 $ (21,597 ) 84,550 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures (1,308 ) (40,912 ) 52,577 (19,241 ) — (61,461 ) Proceeds from the sale of long-lived assets 8,917 6,594 52,577 (56 ) — 15,455 Purchase of investments (9,964 ) — 52,577 — — (9,964 ) Sales and maturities of investments 9,157 1,761 52,577 — — 10,918 Other (1,486 ) — 52,577 (121 ) — (1,607 ) Investments in consolidated subsidiaries (13,004 ) 753 52,577 307 11,944 — CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (7,688 ) (31,804 ) (19,111 ) 11,944 (46,659 ) CASH FLOWS FROM FINANCING ACTIVITIES: Issuance of notes and bank borrowings 244,958 — 52,577 — — 244,958 Payments on debt, capital leases, and associated costs (185,538 ) (3,895 ) 52,577 (2,724 ) — (192,157 ) Net intercompany financing activity 7,638 1,561 52,577 (18,852 ) 9,653 — Other (3,720 ) — 52,577 — — (3,720 ) CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 63,338 (2,334 ) (21,576 ) 9,653 49,081 Effect of exchange rate changes on cash and cash equivalents — — 884 — 884 NET CHANGE IN CASH AND CASH EQUIVALENTS 45,830 (2,111 ) 44,137 — 87,856 Cash and cash equivalents at beginning of period 58,048 50,023 54,111 — 162,182 Cash and cash equivalents at end of period $ 103,878 $ 47,912 $ 98,248 $ — $ 250,038 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS SIX MONTHS ENDED JUNE 30, 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 $ (3,258 ) $ 52,577 $ 31,594 $ (28,357 ) 52,556 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures (134 ) (25,722 ) (19,604 ) — (45,460 ) Proceeds from the sale of long-lived assets — 4,041 7,261 — 11,302 Purchase of investments (99 ) — — — (99 ) Sales and maturities of investments 500 1,145 — — 1,645 Other (3,139 ) 302 (82 ) — (2,919 ) Investments in consolidated subsidiaries (20,932 ) 24,160 — (3,228 ) — CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (23,804 ) 3,926 (12,425 ) (3,228 ) (35,531 ) CASH FLOWS FROM FINANCING ACTIVITIES: Issuance of common stock 73,071 — — — 73,071 Payments on debt, capital leases, and associated costs (500 ) (6,503 ) (5,680 ) — (12,683 ) Gold production royalty payments — — (19,592 ) — (19,592 ) Net intercompany financing activity (13,101 ) (30,685 ) 12,201 31,585 — Other (728 ) — — — (728 ) CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 58,742 (37,188 ) (13,071 ) 31,585 40,068 Effect of exchange rate changes on cash and cash equivalents — 5 (221 ) — (216 ) NET CHANGE IN CASH AND CASH EQUIVALENTS 31,680 19,320 5,877 — 56,877 Cash and cash equivalents at beginning of period 96,123 34,228 70,363 — 200,714 Cash and cash equivalents at end of period $ 127,803 $ 53,548 $ 76,240 $ — $ 257,591 CONDENSED CONSOLIDATING BALANCE SHEET JUNE 30, 2017 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS CURRENT ASSETS Cash and cash equivalents $ 103,878 $ 47,912 $ 98,248 $ — $ 250,038 Receivables 54 13,527 56,075 — 69,656 Ore on leach pads — 75,699 — — 75,699 Inventory — 35,099 32,796 — 67,895 Prepaid expenses and other 6,696 2,366 9,501 — 18,563 110,628 174,603 196,620 — 481,851 NON-CURRENT ASSETS Property, plant and equipment, net 3,908 146,826 77,004 — 227,738 Mining properties, net 4,000 210,785 335,462 — 550,247 Ore on leach pads — 69,954 — — 69,954 Restricted assets 11,711 226 7,357 — 19,294 Equity securities 9,930 1,942 — — 11,872 Receivables — — 15,140 — 15,140 Net investment in subsidiaries 274,908 12,858 (861 ) (286,905 ) — Other 211,384 10,186 8,366 (211,384 ) 18,552 TOTAL ASSETS $ 626,469 $ 627,380 $ 639,088 $ (498,289 ) $ 1,394,648 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Accounts payable $ 1,599 $ 24,168 $ 33,033 $ — $ 58,800 Other accrued liabilities 5,638 12,299 23,313 — 41,250 Debt — 7,338 5,676 — 13,014 Reclamation — 2,749 850 — 3,599 7,237 46,554 62,872 — 116,663 NON-CURRENT LIABILITIES Debt 244,827 22,163 216,160 (211,384 ) 271,766 Reclamation — 77,743 21,798 — 99,541 Deferred tax liabilities 5,304 6,137 63,947 — 75,388 Other long-term liabilities 2,390 4,758 46,631 — 53,779 Intercompany payable (receivable) (410,800 ) 336,771 74,029 — — (158,279 ) 447,572 422,565 (211,384 ) 500,474 STOCKHOLDERS’ EQUITY Common stock 1,814 250 193,175 (193,425 ) 1,814 Additional paid-in capital 3,316,407 182,611 1,809,559 (1,992,170 ) 3,316,407 Accumulated deficit (2,537,716 ) (46,225 ) (1,849,083 ) 1,895,308 (2,537,716 ) Accumulated other comprehensive income (loss) (2,994 ) (3,382 ) — 3,382 (2,994 ) 777,511 133,254 153,651 (286,905 ) 777,511 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 626,469 $ 627,380 $ 639,088 $ (498,289 ) $ 1,394,648 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 Net investment in subsidiaries 273,056 11,650 — (284,706 ) — Other 221,381 9,263 3,344 (221,384 ) 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 |