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 MARCH 31, 2018 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated Revenue $ — $ 93,230 $ 70,037 $ — $ 163,267 COSTS AND EXPENSES Costs applicable to sales (1) — 68,245 31,095 — 99,340 Amortization 246 14,205 16,326 — 30,777 General and administrative 8,797 3 4 — 8,804 Exploration 459 2,245 3,979 — 6,683 Pre-development, reclamation, and other 406 1,947 1,872 — 4,225 Total costs and expenses 9,908 86,645 53,276 — 149,829 OTHER INCOME (EXPENSE), NET Fair value adjustments, net 5,279 (292 ) — — 4,987 Other, net 4,142 (137 ) (106 ) (3,719 ) 180 Interest expense, net of capitalized interest (5,083 ) (353 ) (4,248 ) 3,719 (5,965 ) Total other income (expense), net 4,338 (782 ) (4,354 ) — (798 ) Income (loss) from continuing operations before income and mining taxes (5,570 ) 5,803 12,407 — 12,640 Income and mining tax (expense) benefit 1,638 (1,120 ) (12,467 ) — (11,949 ) Income (loss) from continuing operations (3,932 ) 4,683 (60 ) — 691 Equity income (loss) in consolidated subsidiaries 4,164 (38 ) (170 ) (3,956 ) — Income (loss) from discontinued operations 1,009 (284 ) (175 ) — 550 NET INCOME (LOSS) $ 1,241 $ 4,361 $ (405 ) $ (3,956 ) $ 1,241 OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on debt securities, net of tax (278 ) — — — (278 ) COMPREHENSIVE INCOME (LOSS) $ 963 $ 4,361 $ (405 ) $ (3,956 ) $ 963 (1) Excludes amortization. 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 $ 78,360 $ — $ 185,554 COSTS AND EXPENSES Costs applicable to sales (1) — 71,202 43,288 — 114,490 Amortization 324 18,104 20,265 — 38,693 General and administrative 10,106 24 (5 ) — 10,125 Exploration 336 1,727 3,189 — 5,252 Pre-development, reclamation, and other 175 1,781 1,881 — 3,837 Total costs and expenses 10,941 92,838 68,618 — 172,397 OTHER INCOME (EXPENSE), NET Fair value adjustments, net — (1,200 ) — — (1,200 ) Other, net 15,222 5,458 1,533 (1,414 ) 20,799 Interest expense, net of capitalized interest (3,279 ) (175 ) (1,539 ) 1,414 (3,579 ) Total other income (expense), net 11,943 4,083 (6 ) — 16,020 Income (loss) from continuing operations before income and mining taxes 1,002 18,439 9,736 — 29,177 Income and mining tax (expense) benefit 1,588 (2,434 ) (10,032 ) — (10,878 ) Income (loss) from continuing operations 2,590 16,005 (296 ) — 18,299 Equity income (loss) in consolidated subsidiaries 16,073 70 (67 ) (16,076 ) — Income (loss) from discontinued operations — — 364 — 364 NET INCOME (LOSS) $ 18,663 $ 16,075 $ 1 $ (16,076 ) $ 18,663 OTHER COMPREHENSIVE INCOME (LOSS), net of tax: Unrealized gain (loss) on debt and equity 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 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 CASH FLOWS THREE MONTHS ENDED MARCH 31, 2018 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 $ (7,938 ) $ 5,395 $ 22,040 $ (3,956 ) 15,541 Cash provided by (used in) activities of discontinued operations — — (2,690 ) — (2,690 ) CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES (7,938 ) 5,395 19,350 (3,956 ) 12,851 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures (83 ) (14,341 ) (27,921 ) — (42,345 ) Proceeds from the sale of assets — 60 — — 60 Purchase of investments (361 ) — — — (361 ) Sales of investments 1,067 552 — — 1,619 Other — — (65 ) — (65 ) Investments in consolidated subsidiaries (4,162 ) 37 169 3,956 — Cash provided by (used in) activities of continuing operations (3,539 ) (13,692 ) (27,817 ) 3,956 (41,092 ) Cash provided by (used in) activities of discontinued operations — — (28,470 ) — (28,470 ) CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES (3,539 ) (13,692 ) (56,287 ) 3,956 (69,562 ) CASH FLOWS FROM FINANCING ACTIVITIES: Issuance of notes and bank borrowings, net of issuance costs 15,000 — 52,577 — — 15,000 Payments on debt, capital leases, and associated costs — (2,395 ) (16,054 ) — (18,449 ) Net intercompany financing activity (20,381 ) (10,946 ) 31,327 — — Other (4,606 ) — — — (4,606 ) Cash provided by (used in) activities of continuing operations (9,987 ) (13,341 ) 15,273 — (8,055 ) Cash provided by (used in) activities of discontinued operations — — (22 ) — (22 ) CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (9,987 ) (13,341 ) 15,251 — (8,077 ) Effect of exchange rate changes on cash and cash equivalents — 2 555 — 557 Less net cash provided by (used in) discontinued operations — — (32,930 ) — (32,930 ) NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH (21,464 ) (21,636 ) 11,799 — (31,301 ) Cash, cash equivalents and restricted cash at beginning of period 56,033 52,239 95,130 — 203,402 Cash, cash equivalents and restricted cash at end of period $ 34,569 $ 30,603 $ 106,929 $ — $ 172,101 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) activities of continuing operations $ (4,815 ) $ 17,183 $ 47,644 $ (16,076 ) 43,936 Cash provided by (used in) activities of discontinued operations — — 11,335 — 11,335 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 ) (6,297 ) — (23,591 ) Proceeds from the sale of assets 8,916 6,151 (48 ) — 15,019 Purchase of investments (1,016 ) — — — (1,016 ) Sales of investments 9,157 863 — — 10,020 Other 46 — (60 ) — (14 ) Investments in consolidated subsidiaries (12,454 ) (70 ) 67 12,457 — Cash provided by (used in) activities of continuing operations 4,330 (10,031 ) (6,338 ) 12,457 418 Cash provided by (used in) activities of discontinued operations — — (388 ) — (388 ) CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 4,330 (10,031 ) (6,726 ) 12,457 30 CASH FLOWS FROM FINANCING ACTIVITIES: Payments on debt, capital leases, and associated costs — (1,874 ) (1,332 ) — (3,206 ) Net intercompany financing activity 14,318 (9,325 ) (8,612 ) 3,619 — Other (3,247 ) — — — (3,247 ) Cash provided by (used in) activities of continuing operations 11,071 (11,199 ) (9,944 ) 3,619 (6,453 ) Cash provided by (used in) activities of discontinued operations — — (20 ) — (20 ) 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 Less net cash provided by (used in) discontinued operations — — 5,527 — 5,527 NET CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH 10,586 (4,047 ) 37,317 — 43,856 Cash, cash equivalents and restricted cash at beginning of period 66,337 50,023 10,241 — 126,601 Cash, cash equivalents and restricted cash at end of period $ 76,923 $ 45,976 $ 47,558 $ — $ 170,457 CONDENSED CONSOLIDATING BALANCE SHEET MARCH 31, 2018 In thousands Coeur Mining, Inc. Guarantor Subsidiaries Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS CURRENT ASSETS Cash and cash equivalents $ 22,111 $ 30,603 $ 106,929 $ — $ 159,643 Receivables 15,895 5,084 14,885 — 35,864 Ore on leach pads — 75,584 — — 75,584 Inventory — 31,512 30,211 — 61,723 Prepaid expenses and other 8,892 3,193 6,118 — 18,203 46,898 145,976 158,143 — 351,017 NON-CURRENT ASSETS Property, plant and equipment, net 3,141 165,578 97,438 — 266,157 Mining properties, net 6,980 219,000 617,841 — 843,821 Ore on leach pads — 67,430 — — 67,430 Restricted assets 14,352 227 7,537 — 22,116 Equity and debt securities 36,772 545 — — 37,317 Receivables 24,047 — 31,381 — 55,428 Net investment in subsidiaries 423,448 332 694 (424,474 ) — Other 317,146 11,820 3,431 (313,748 ) 18,649 TOTAL ASSETS $ 872,784 $ 610,908 $ 916,465 $ (738,222 ) $ 1,661,935 LIABILITIES AND STOCKHOLDERS’ EQUITY CURRENT LIABILITIES Accounts payable $ 3,419 $ 21,634 $ 19,811 $ — $ 44,864 Other accrued liabilities 16,643 12,059 76,447 — 105,149 Debt — 9,977 7,063 — 17,040 Reclamation — 2,313 1,464 — 3,777 20,062 45,983 104,785 — 170,830 NON-CURRENT LIABILITIES Debt 360,280 31,116 319,336 (313,748 ) 396,984 Reclamation — 83,392 35,762 — 119,154 Deferred tax liabilities 2,641 4,978 97,605 — 105,224 Other long-term liabilities 2,602 2,751 50,079 — 55,432 Intercompany payable (receivable) (327,111 ) 307,016 20,095 — — 38,412 429,253 522,877 (313,748 ) 676,794 STOCKHOLDERS’ EQUITY Common stock 1,862 19,630 195,020 (214,650 ) 1,862 Additional paid-in capital 3,355,710 145,024 1,882,610 (2,027,634 ) 3,355,710 Accumulated deficit (2,542,899 ) (28,982 ) (1,788,827 ) 1,817,810 (2,542,898 ) Accumulated other comprehensive income (loss) (363 ) — — — (363 ) 814,310 135,672 288,803 (424,474 ) 814,311 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 872,784 $ 610,908 $ 916,465 $ (738,222 ) $ 1,661,935 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 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 |