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 SEPTEMBER 30, 2017 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ — $ 99,093 $ 76,870 $ — $ 175,963 COSTS AND EXPENSES Costs applicable to sales (1) — 68,267 50,657 — 118,924 Amortization 286 15,678 17,866 — 33,830 General and administrative 7,250 6 156 — 7,412 Exploration 466 4,582 4,766 — 9,814 Pre-development, reclamation, and other 1,030 1,922 5,009 — 7,961 Total costs and expenses 9,032 90,455 78,454 — 177,941 OTHER INCOME (EXPENSE), NET Loss on debt extinguishments — — — — — Fair value adjustments, net — — — — — Other, net 2,868 (4,603 ) 6,312 (1,413 ) 3,164 Interest expense, net of capitalized interest (3,220 ) (264 ) (1,535 ) 1,413 (3,606 ) Total other income (expense), net (352 ) (4,867 ) 4,777 — (442 ) Loss before income and mining taxes (9,384 ) 3,771 3,193 — (2,420 ) Income and mining tax (expense) benefit (8,091 ) (574 ) (5,567 ) — (14,232 ) Total loss after income and mining taxes (17,475 ) 3,197 (2,374 ) — (16,652 ) Equity income (loss) in consolidated subsidiaries 823 (1,755 ) (304 ) 1,236 — NET INCOME (LOSS) $ (16,652 ) $ 1,442 $ (2,678 ) $ 1,236 $ (16,652 ) OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on marketable securities, net of tax 1,066 1,504 — (1,504 ) 1,066 Reclassification adjustments for impairment of equity securities, net of tax — (852 ) — 852 — Reclassification adjustments for realized gain (loss) on sale of equity securities, net of tax 32 1,112 — (1,112 ) 32 Other comprehensive income (loss) 1,098 1,764 — (1,764 ) 1,098 COMPREHENSIVE INCOME (LOSS) $ (15,554 ) $ 3,206 $ (2,678 ) $ (528 ) $ (15,554 ) (1) Excludes amortization. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) THREE MONTHS ENDED SEPTEMBER 30, 2016 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ — $ 117,426 $ 58,821 $ — $ 176,247 COSTS AND EXPENSES Costs applicable to sales (1) — 68,189 37,219 — 105,408 Amortization 389 19,750 7,624 — 27,763 General and administrative 6,956 16 141 — 7,113 Exploration 989 1,410 1,307 — 3,706 Pre-development, reclamation, and other 388 1,470 2,633 — 4,491 Total costs and expenses 8,722 90,835 48,924 — 148,481 OTHER INCOME (EXPENSE), NET Loss on debt extinguishments (10,040 ) — — — (10,040 ) Fair value adjustments, net — (852 ) (109 ) — (961 ) Other, net 1,666 3,021 3,178 (1,460 ) 6,405 Interest expense, net of capitalized interest (7,852 ) (209 ) (1,467 ) 1,460 (8,068 ) Total other income (expense), net (16,226 ) 1,960 1,602 — (12,664 ) Income (Loss) before income and mining taxes (24,948 ) 28,551 11,499 — 15,102 Income and mining tax (expense) benefit (29,312 ) 41,807 41,960 — 54,455 Income (Loss) after income and mining taxes (54,260 ) 70,358 53,459 — 69,557 Equity income (loss) in consolidated subsidiaries 123,818 328 — (124,146 ) — NET INCOME (LOSS) $ 69,558 $ 70,686 $ 53,459 $ (124,146 ) $ 69,557 OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on equity securities, net of tax 1,387 1,387 — (1,387 ) 1,387 Reclassification adjustments for impairment of equity securities, net of tax — — — — — Reclassification adjustments for realized loss on sale of equity securities, net of tax (2,965 ) (2,485 ) — 2,485 (2,965 ) Other comprehensive income (loss) (1,578 ) (1,098 ) — 1,098 (1,578 ) COMPREHENSIVE INCOME (LOSS) $ 67,980 $ 69,588 $ 53,459 $ (123,048 ) $ 67,979 (1) Excludes amortization. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS THREE MONTHS ENDED SEPTEMBER 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 $ (8,682 ) $ 27,407 $ 9,471 $ 1,236 29,432 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures (318 ) (23,016 ) (6,127 ) — (29,461 ) Proceeds from the sale of assets — 76 1,007 — 1,083 Purchase of investments (3,594 ) (1 ) — — (3,595 ) Sales of investments — 403 — — 403 Other (5,783 ) — (67 ) — (5,850 ) Investments in consolidated subsidiaries 3,433 7,144 (1,311 ) (9,266 ) — CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (6,262 ) (15,394 ) (6,498 ) (9,266 ) (37,420 ) CASH FLOWS FROM FINANCING ACTIVITIES: Issuance of notes and bank borrowings (2,257 ) — — — (2,257 ) Payments on debt, capital leases, and associated costs — (1,894 ) (1,450 ) — (3,344 ) Net intercompany financing activity 9,266 (12,370 ) (4,926 ) 8,030 — Other (6 ) — — — (6 ) CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 7,003 (14,264 ) (6,376 ) 8,030 (5,607 ) Effect of exchange rate changes on cash and cash equivalents — 3 (225 ) — (222 ) NET CHANGE IN CASH AND CASH EQUIVALENTS (7,941 ) (2,248 ) (3,628 ) — (13,817 ) Cash and cash equivalents at beginning of period 103,878 47,912 98,248 — 250,038 Cash and cash equivalents at end of period $ 95,937 $ 45,664 $ 94,620 $ — $ 236,221 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS THREE MONTHS ENDED SEPTEMBER 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 $ 101,581 $ 48,791 $ 21,586 $ (124,146 ) 47,812 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures (62 ) (12,550 ) (13,015 ) — (25,627 ) Acquisitions, net of cash acquired — — (1,427 ) — (1,427 ) Proceeds from the sale of assets 2 560 4,240 — 4,802 Purchase of investments (5 ) (16 ) — — (21 ) Sales of investments 2 5,430 — — 5,432 Other (1,245 ) (7 ) (47 ) — (1,299 ) Investments in consolidated subsidiaries (117,911 ) 1,356 — 116,555 — CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (119,219 ) (5,227 ) (10,249 ) 116,555 (18,140 ) CASH FLOWS FROM FINANCING ACTIVITIES: Issuance of common stock 49,513 — — — 49,513 Payments on debt, capital leases, and associated costs (104,165 ) (2,498 ) (1,205 ) — (107,868 ) Gold production royalty payments — — (7,563 ) — (7,563 ) Net intercompany financing activity 39,297 (42,679 ) (4,209 ) 7,591 — Other 1,051 — — — 1,051 CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (14,304 ) (45,177 ) (12,977 ) 7,591 (64,867 ) Effect of exchange rate changes on cash and cash equivalents — — 121 — 121 NET CHANGE IN CASH AND CASH EQUIVALENTS (31,942 ) (1,613 ) (1,519 ) — (35,074 ) Cash and cash equivalents at beginning of period 127,803 53,548 76,240 — 257,591 Cash and cash equivalents at end of period $ 95,861 $ 51,935 $ 74,721 $ — $ 222,517 CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) NINE MONTHS ENDED SEPTEMBER 30, 2017 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ — $ 301,658 $ 253,797 $ — $ 555,455 COSTS AND EXPENSES Costs applicable to sales (1) — 207,385 169,872 — 377,257 Amortization 908 49,617 56,355 — 106,880 General and administrative 24,316 26 245 — 24,587 Exploration 1,197 9,526 12,156 — 22,879 Pre-development, reclamation, and other 1,803 5,593 9,512 — 16,908 Total costs and expenses 28,224 272,147 248,140 — 548,511 OTHER INCOME (EXPENSE), NET Loss on debt extinguishments (9,342 ) — — — (9,342 ) Fair value adjustments, net — (864 ) — — (864 ) Other, net 20,090 3,332 9,256 (4,239 ) 28,439 Interest expense, net of capitalized interest (9,876 ) (703 ) (4,601 ) 4,239 (10,941 ) Total other income (expense), net 872 1,765 4,655 — 7,292 Loss before income and mining taxes (27,352 ) 31,276 10,312 — 14,236 Income and mining tax (expense) benefit (3,108 ) (3,946 ) (16,126 ) — (23,180 ) Total loss after income and mining taxes (30,460 ) 27,330 (5,814 ) — (8,944 ) Equity income (loss) in consolidated subsidiaries 21,516 (546 ) (609 ) (20,361 ) — NET INCOME (LOSS) $ (8,944 ) $ 26,784 $ (6,423 ) $ (20,361 ) $ (8,944 ) OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on marketable securities, net of tax (1,134 ) 756 — (756 ) (1,134 ) 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 1,300 540 — (540 ) 1,300 Other comprehensive income (loss) 592 870 — (870 ) 592 COMPREHENSIVE INCOME (LOSS) $ (8,352 ) $ 27,654 $ (6,423 ) $ (21,231 ) $ (8,352 ) (1) Excludes amortization. CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS) NINE MONTHS ENDED SEPTEMBER 30, 2016 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ — $ 317,587 $ 189,054 $ — $ 506,641 COSTS AND EXPENSES Costs applicable to sales (1) — 189,227 118,201 — 307,428 Amortization 1,225 57,983 34,024 — 93,232 General and administrative 22,132 237 420 — 22,789 Exploration 2,091 2,843 2,735 — 7,669 Write-downs — — 4,446 — 4,446 Pre-development, reclamation, and other 1,774 4,332 6,953 — 13,059 Total costs and expenses 27,222 254,622 166,779 — 448,623 OTHER INCOME (EXPENSE), NET Loss on debt extinguishments (10,040 ) — — — (10,040 ) Fair value adjustments, net (1,635 ) (5,787 ) (5,813 ) — (13,235 ) Other, net 3,345 3,082 3,068 (3,633 ) 5,862 Interest expense, net of capitalized interest (28,348 ) (665 ) (4,683 ) 3,633 (30,063 ) Total other income (expense), net (36,678 ) (3,370 ) (7,428 ) — (47,476 ) Income (Loss) before income and mining taxes (63,900 ) 59,595 14,847 — 10,542 Income and mining tax (expense) benefit (29,768 ) 39,905 42,981 — 53,118 Income (Loss) after income and mining taxes (93,668 ) 99,500 57,828 — 63,660 Equity income (loss) in consolidated subsidiaries 157,328 (4,825 ) — (152,503 ) — NET INCOME (LOSS) $ 63,660 $ 94,675 $ 57,828 $ (152,503 ) $ 63,660 OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on equity securities, net of tax 4,533 4,466 — (4,466 ) 4,533 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 (2,691 ) (3,181 ) — 3,181 (2,691 ) Other comprehensive income (loss) 1,862 1,305 — (1,305 ) 1,862 COMPREHENSIVE INCOME (LOSS) $ 65,522 $ 95,980 $ 57,828 $ (153,808 ) $ 65,522 (1) Excludes amortization. CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS NINE MONTHS ENDED SEPTEMBER 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 $ (18,502 ) $ 59,434 52,577 $ 93,411 $ (20,361 ) 113,982 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures (1,626 ) (63,928 ) 52,577 (25,368 ) — (90,922 ) Proceeds from the sale of assets 8,917 6,670 52,577 951 — 16,538 Purchase of investments (13,558 ) (1 ) 52,577 — — (13,559 ) Sales of investments 9,157 2,164 52,577 — — 11,321 Other (7,269 ) — 52,577 (188 ) — (7,457 ) Investments in consolidated subsidiaries (9,571 ) 7,897 52,577 (1,004 ) 2,678 — CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (13,950 ) (47,198 ) (25,609 ) 2,678 (84,079 ) CASH FLOWS FROM FINANCING ACTIVITIES: Issuance of notes and bank borrowings 242,701 — 52,577 — — 242,701 Payments on debt, capital leases, and associated costs (185,538 ) (5,789 ) 52,577 (4,174 ) — (195,501 ) Net intercompany financing activity 16,904 (10,809 ) 52,577 (23,778 ) 17,683 — Other (3,726 ) — 52,577 — — (3,726 ) CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 70,341 (16,598 ) (27,952 ) 17,683 43,474 Effect of exchange rate changes on cash and cash equivalents — 3 659 — 662 NET CHANGE IN CASH AND CASH EQUIVALENTS 37,889 (4,359 ) 40,509 — 74,039 Cash and cash equivalents at beginning of period 58,048 50,023 54,111 — 162,182 Cash and cash equivalents at end of period $ 95,937 $ 45,664 $ 94,620 $ — $ 236,221 CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS NINE MONTHS ENDED SEPTEMBER 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 $ 98,323 $ 101,368 $ 53,180 $ (152,503 ) 100,368 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures (196 ) (38,272 ) (32,619 ) — (71,087 ) Acquisitions, net of cash acquired — — (1,427 ) — (1,427 ) Proceeds from the sale of assets 2 4,601 11,501 — 16,104 Purchase of investments (104 ) (16 ) — — (120 ) Sales of investments 501 6,576 — — 7,077 Other (4,383 ) 294 (129 ) — (4,218 ) Investments in consolidated subsidiaries (138,843 ) 25,516 — 113,327 — CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (143,023 ) (1,301 ) (22,674 ) 113,327 (53,671 ) CASH FLOWS FROM FINANCING ACTIVITIES: Issuance of common stock 122,584 — — — 122,584 Payments on debt, capital leases, and associated costs (104,665 ) (9,001 ) (6,885 ) — (120,551 ) Gold production royalty payments — — (27,155 ) — (27,155 ) Net intercompany financing activity 26,196 (73,364 ) 7,992 39,176 — Other 323 — — — 323 CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 44,438 (82,365 ) (26,048 ) 39,176 (24,799 ) Effect of exchange rate changes on cash and cash equivalents — 5 (100 ) — (95 ) NET CHANGE IN CASH AND CASH EQUIVALENTS (262 ) 17,707 4,358 — 21,803 Cash and cash equivalents at beginning of period 96,123 34,228 70,363 — 200,714 Cash and cash equivalents at end of period $ 95,861 $ 51,935 $ 74,721 $ — $ 222,517 CONDENSED CONSOLIDATING BALANCE SHEET SEPTEMBER 30, 2017 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS CURRENT ASSETS Cash and cash equivalents $ 95,937 $ 45,664 $ 94,620 $ — $ 236,221 Receivables 18 11,085 55,312 — 66,415 Ore on leach pads — 78,801 — — 78,801 Inventory — 35,371 36,958 — 72,329 Prepaid expenses and other 7,688 2,985 9,687 — 20,360 103,643 173,906 196,577 — 474,126 NON-CURRENT ASSETS Property, plant and equipment, net 3,940 151,765 79,353 — 235,058 Mining properties, net — 220,022 316,179 — 536,201 Ore on leach pads — 69,805 — — 69,805 Restricted assets 13,242 227 7,484 — 20,953 Equity and debt securities 27,558 1,567 — — 29,125 Receivables — — 13,461 — 13,461 Deferred tax assets — — — — — Net investment in subsidiaries 259,259 407 (1,166 ) (258,500 ) — Other 214,047 10,531 5,168 (206,383 ) 23,363 TOTAL ASSETS $ 621,689 $ 628,230 $ 617,056 $ (464,883 ) $ 1,402,092 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Accounts payable $ 2,492 $ 25,975 $ 31,721 $ — $ 60,188 Other accrued liabilities 9,381 14,087 27,125 — 50,593 Debt — 7,885 6,490 — 14,375 Reclamation — 2,754 850 — 3,604 11,873 50,701 66,186 — 128,760 NON-CURRENT LIABILITIES Debt 244,920 22,838 213,148 (206,383 ) 274,523 Reclamation — 82,043 22,462 — 104,505 Deferred tax liabilities 14,978 6,137 56,075 — 77,190 Other long-term liabilities 2,328 4,061 46,188 — 52,577 Intercompany payable (receivable) (416,947 ) 341,431 75,516 — — (154,721 ) 456,510 413,389 (206,383 ) 508,795 STOCKHOLDERS’ EQUITY Common stock 1,814 250 172,599 (172,849 ) 1,814 Additional paid-in capital 3,318,987 174,111 1,803,807 (1,977,918 ) 3,318,987 Accumulated deficit (2,554,368 ) (49,984 ) (1,838,925 ) 1,888,909 (2,554,368 ) Accumulated other comprehensive income (loss) (1,896 ) (3,358 ) — 3,358 (1,896 ) 764,537 121,019 137,481 (258,500 ) 764,537 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 621,689 $ 628,230 $ 617,056 $ (464,883 ) $ 1,402,092 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 and debt 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 |