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) YEAR ENDED DECEMBER 31, 2017 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ — $ 433,050 $ 276,548 $ — $ 709,598 COSTS AND EXPENSES Costs applicable to sales (1) — 293,340 146,920 — 440,260 Amortization 1,157 71,340 74,052 — 146,549 General and administrative 33,379 28 209 — 33,616 Exploration 1,592 13,689 15,030 — 30,311 Pre-development, reclamation, and other 4,705 7,497 6,734 — 18,936 Total costs and expenses 40,833 385,894 242,945 — 669,672 OTHER INCOME (EXPENSE), NET Loss on debt extinguishments (9,342 ) — — — (9,342 ) Fair value adjustments, net — (864 ) — — (864 ) Other, net 21,254 2,936 10,179 (7,726 ) 26,643 Interest expense, net of capitalized interest (14,657 ) (975 ) (8,534 ) 7,726 (16,440 ) Total other income (expense), net (2,745 ) 1,097 1,645 — (3 ) Income (loss) from continuing operations before income and mining taxes (43,578 ) 48,253 35,248 — 39,923 Income and mining tax (expense) benefit 2,170 (5,758 ) (25,410 ) — (28,998 ) Income (loss) from continuing operations (41,408 ) 42,495 9,838 — 10,925 Equity income (loss) in consolidated subsidiaries 40,089 (577 ) 4,416 (43,928 ) — Income (loss) from discontinued operations — — (12,244 ) — (12,244 ) NET INCOME (LOSS) $ (1,319 ) $ 41,918 $ 2,010 $ (43,928 ) $ (1,319 ) OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on marketable securities, net of tax 3,227 915 — (915 ) 3,227 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 1,354 486 — (486 ) 1,354 Other comprehensive income (loss) 5,007 1,827 — (1,827 ) 5,007 COMPREHENSIVE INCOME (LOSS) $ 3,688 $ 43,745 $ 2,010 $ (45,755 ) $ 3,688 (1) Excludes amortization. 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 $ 148,409 $ — $ 571,897 COSTS AND EXPENSES Costs applicable to sales (1) — 252,836 82,539 — 335,375 Amortization 1,558 77,392 37,578 — 116,528 COSTS AND EXPENSES General and administrative 28,704 250 321 — 29,275 Exploration 1,596 6,127 5,207 — 12,930 Write-downs — — 4,446 — 4,446 Pre-development, reclamation, and other 2,044 5,839 6,528 — 14,411 Total costs and expenses 33,902 342,444 136,619 — 512,965 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 (1,314 ) (5,084 ) 98 Interest expense, net of capitalized interest (35,158 ) (861 ) (5,961 ) 5,084 (36,896 ) Total other income (expense), net (53,801 ) (2,855 ) (13,088 ) — (69,744 ) Income (loss) from continuing operations before income and mining taxes (87,703 ) 78,189 (1,298 ) — (10,812 ) Income and mining tax (expense) benefit 11,733 (7,517 ) 29,031 — 33,247 Income (loss) from continuing operations (75,970 ) 70,672 27,733 — 22,435 Equity income (loss) in consolidated subsidiaries 131,322 (4,353 ) — (126,969 ) — Income (loss) from discontinued operations — — 32,917 — 32,917 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 $ 183,129 $ — $ 561,407 COSTS AND EXPENSES Costs applicable to sales (1) — 261,830 141,997 — 403,827 Amortization 1,991 83,325 40,637 — 125,953 COSTS AND EXPENSES General and administrative 32,405 35 196 — 32,636 Exploration 2,265 3,931 5,325 — 11,521 Write-downs — 1,630 244,995 — 246,625 Pre-development, reclamation, and other 4,083 5,920 6,201 — 16,204 Total costs and expenses 40,744 356,671 439,351 — 836,766 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 ) (15,121 ) (3,776 ) (17,667 ) Interest expense, net of capitalized interest (39,867 ) (966 ) (7,921 ) 3,776 (44,978 ) Total other income (expense), net (18,391 ) (3,254 ) (19,882 ) — (41,527 ) Income (loss) from continuing operations before income and mining taxes (59,135 ) 18,353 (276,104 ) — (316,886 ) Income and mining tax (expense) benefit 1,827 (2,354 ) 29,602 — 29,075 Income (loss) from continuing operations (57,308 ) 15,999 (246,502 ) — (287,811 ) Equity income (loss) in consolidated subsidiaries (309,875 ) (14,814 ) — 324,689 — Income (loss) from discontinued operations — — (79,372 ) — (79,372 ) 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 ) CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS YEAR ENDED DECEMBER 31, 2017 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES: Cash provided by (used in) activities of continuing operations $ (8,470 ) $ 118,667 $ 130,491 $ (43,528 ) 197,160 Cash provided by (used in) activities of discontinued operations — — 11,296 — 11,296 CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (8,470 ) 118,667 141,787 (43,528 ) 208,456 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures (1,941 ) (85,967 ) (48,826 ) — (136,734 ) Proceeds from the sale of assets 8,917 6,902 886 — 16,705 Purchase of investments (15,057 ) (1 ) — — (15,058 ) Sales of investments 9,157 2,164 — — 11,321 Acquisitions, net of cash acquired (156,248 ) — 52,577 — — (156,248 ) Other (3,020 ) — 2,803 — (217 ) Investments in consolidated subsidiaries (34,419 ) 12,911 (881 ) 22,389 — Cash provided by (used in) activities of continuing operations (192,611 ) (63,991 ) (46,018 ) 22,389 (280,231 ) Cash provided by (used in) activities of discontinued operations — — (1,392 ) — (1,392 ) CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (192,611 ) (63,991 ) (47,410 ) 22,389 (281,623 ) CASH FLOWS FROM FINANCING ACTIVITIES: Issuance of notes and bank borrowings 342,620 — 52,577 — — 342,620 Payments on debt, capital leases, and associated costs (185,538 ) (7,926 ) (9,581 ) — (203,045 ) Net intercompany financing activity 34,359 (44,540 ) 9,801 380 — Other (3,746 ) — — — (3,746 ) Cash provided by (used in) activities of continuing operations 187,695 (52,466 ) 220 380 135,829 Cash provided by (used in) activities of discontinued operations — — (20,843 ) 20,759 (84 ) CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES 187,695 (52,466 ) (20,623 ) 21,139 135,745 Effect of exchange rate changes on cash and cash equivalents — 6 197 — 203 Less net cash provided by (used in) discontinued operations — — (10,939 ) — (10,939 ) NET CHANGE IN CASH AND CASH EQUIVALENTS (13,386 ) 2,216 84,890 — 73,720 Cash and cash equivalents at beginning of period 58,048 50,023 10,241 — 118,312 Cash and cash equivalents at end of period $ 44,662 $ 52,239 $ 95,131 $ — $ 192,032 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) activities of continuing operations $ 62,207 $ 134,892 $ 26,331 $ (126,969 ) 96,461 Cash provided by (used in) activities of discontinued operations — — 29,356 — 29,356 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 ) (36,052 ) — (94,382 ) Proceeds from the sale of assets — 4,800 11,496 — 16,296 Purchase of investments (178 ) — — — (178 ) Sales 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) activities of continuing operations (112,174 ) (21,293 ) (26,153 ) 82,808 (76,812 ) Cash provided by (used in) activities of discontinued operations — — (6,631 ) — (6,631 ) 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 ) (3,573 ) — (318,153 ) Gold production royalty payments — — (27,155 ) — (27,155 ) Net intercompany financing activity 45,850 (86,914 ) 13,404 27,660 — Issuance of common stock 269,556 — — — 269,556 Other 172 — — — 172 Cash provided by (used in) activities of continuing operations 11,892 (97,808 ) (17,324 ) 27,660 (75,580 ) Cash provided by (used in) activities of discontinued operations — — (21,149 ) 16,501 (4,648 ) 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 ) Less net cash provided by (used in) discontinued operations — — 1,576 — 1,576 NET CHANGE IN CASH AND CASH EQUIVALENTS (38,075 ) 15,795 (17,828 ) — (40,108 ) Cash and cash equivalents at beginning of period 96,123 34,228 28,069 — 158,420 Cash and cash equivalents at end of period $ 58,048 $ 50,023 $ 10,241 $ — $ 118,312 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) activities of continuing operations $ (377,091 ) $ 86,486 $ 53,328 $ 324,689 87,412 Cash provided by (used in) activities of discontinued operations — — 26,130 — 26,130 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 ) (36,083 ) — (88,973 ) Proceeds from the sale of assets — 289 318 — 607 Purchase of investments (1,880 ) — — — (1,880 ) Sales 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) activities of continuing operations 164,093 (31,082 ) (35,684 ) (302,400 ) (205,073 ) Cash provided by (used in) activities of discontinued operations — — (6,220 ) — (6,220 ) 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 — — — 150,000 Payments on debt, capital leases, and associated costs (62,930 ) (7,428 ) (245 ) — (70,603 ) Gold production royalty payments — — (39,235 ) — (39,235 ) Net intercompany financing activity 12,232 (19,518 ) 27,321 (20,035 ) — Other (542 ) — — — (542 ) Cash provided by (used in) activities of continuing operations 98,760 (26,946 ) (12,159 ) (20,035 ) 39,620 Cash provided by (used in) activities of discontinued operations — — (8,358 ) (2,254 ) (10,612 ) 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 ) Less net cash provided by (used in) discontinued operations — — 11,552 — 11,552 NET CHANGE IN CASH AND CASH EQUIVALENTS (114,238 ) 28,447 4,092 — (81,699 ) Cash and cash equivalents at beginning of period 210,361 5,781 23,977 — 240,119 Cash and cash equivalents at end of period $ 96,123 $ 34,228 $ 28,069 $ — $ 158,420 CONDENSED CONSOLIDATING BALANCE SHEET DECEMBER 31, 2017 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS CURRENT ASSETS Cash and cash equivalents $ 44,662 $ 52,239 $ 95,131 $ — $ 192,032 Receivables 137 7,922 11,010 — 19,069 Ore on leach pads — 73,752 — — 73,752 Inventory — 29,769 28,461 — 58,230 Prepaid expenses and other 7,824 2,816 4,413 — 15,053 Assets held for sale — — 91,421 — 91,421 52,623 166,498 230,436 — 449,557 NON-CURRENT ASSETS Property, plant and equipment, net 4,007 161,487 89,243 — 254,737 Mining properties, net — 216,281 613,288 — 829,569 Ore on leach pads — 65,393 — — 65,393 Restricted assets 13,251 227 7,369 — 20,847 Equity and debt securities 33,569 1,268 — — 34,837 Receivables — — 28,750 — 28,750 Net investment in subsidiaries 422,074 223 (18 ) (422,279 ) — Other 320,335 11,040 2,854 (316,744 ) 17,485 TOTAL ASSETS $ 845,859 $ 622,417 $ 971,922 $ (739,023 ) $ 1,701,175 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Accounts payable $ 3,607 $ 24,534 $ 20,451 $ — $ 48,592 Other accrued liabilities 13,205 19,262 62,463 — 94,930 Debt — 9,215 21,538 — 30,753 Royalty obligations — — — — — Reclamation — 2,313 1,464 — 3,777 Liabilities held for sale — — 50,677 — 50,677 16,812 55,324 156,593 — 228,729 NON-CURRENT LIABILITIES Debt 345,088 28,313 323,912 (316,744 ) 380,569 Reclamation — 82,021 35,034 — 117,055 Deferred tax liabilities 4,110 5,127 95,911 — 105,148 Other long-term liabilities 2,311 3,063 49,323 — 54,697 Intercompany payable (receivable) (337,439 ) 317,759 19,680 — — 14,070 436,283 523,860 (316,744 ) 657,469 STOCKHOLDERS’ EQUITY Common stock 1,856 19,630 195,020 (214,650 ) 1,856 Additional paid-in capital 3,357,345 149,194 1,885,046 (2,034,240 ) 3,357,345 Accumulated deficit (2,546,743 ) (34,551 ) (1,788,597 ) 1,823,148 (2,546,743 ) Accumulated other comprehensive income (loss) 2,519 (3,463 ) — 3,463 2,519 814,977 130,810 291,469 (422,279 ) 814,977 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 845,859 $ 622,417 $ 971,922 $ (739,023 ) $ 1,701,175 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 $ 10,241 $ — $ 118,312 Receivables 12 6,865 46,538 — 53,415 Ore on leach pads — 64,167 — — 64,167 Inventory — 49,393 44,043 — 93,436 Prepaid expenses and other 3,803 1,459 4,753 — 10,015 Assets held for sale — — 71,442 — 71,442 61,863 171,907 177,017 — 410,787 NON-CURRENT ASSETS Property, plant and equipment, net 3,222 139,885 50,316 — 193,423 Mining properties, net — 195,791 354,499 — 550,290 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 — — 13,745 — 13,745 Net investment in subsidiaries 273,056 11,650 — (284,706 ) — Other 221,381 9,263 3,500 (221,559 ) 12,585 Assets held for sale — — 48,763 — 48,763 TOTAL ASSETS $ 569,692 $ 600,441 $ 655,041 $ (506,265 ) $ 1,318,909 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Accounts payable $ 2,153 $ 24,921 $ 17,586 $ — $ 44,660 Other accrued liabilities 12,881 13,664 9,900 — 36,445 Debt — 6,516 5,439 — 11,955 Royalty obligations — 4,995 — — 4,995 Reclamation — 2,672 437 — 3,109 Liabilities held for sale — — 15,470 — 15,470 15,034 52,768 48,832 — 116,634 NON-CURRENT LIABILITIES Debt 175,991 15,214 229,036 (221,559 ) 198,682 Royalty obligations — 4,292 — — 4,292 Reclamation — 75,183 10,409 — 85,592 Deferred tax liabilities 13,810 6,179 49,822 — 69,811 Other long-term liabilities 1,993 4,750 34,911 — 41,654 Intercompany payable (receivable) (405,623 ) 336,813 68,810 — — Liabilities held for sale — — 33,757 — 33,757 (213,829 ) 442,431 426,745 (221,559 ) 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 $ 655,041 $ (506,265 ) $ 1,318,909 |