SSR MINING INC.

4. HELD FOR SALE AND DISCONTINUED OPERATIONS

The following table presents the results of operations for discontinued operations, as reported in the Company’s Condensed Consolidated Statements of Operations for the periods presented (in thousands):

(1)A total net loss of $337.6 million was recognized on the Çöpler divestiture since designation as held for sale in the first quarter of 2026, including a $338.2 million write-down of Çöpler to fair value less costs to sell in the first quarter of 2026 and $0.6 million of net loss reversals in the second and third quarters of 2026.

(2)Upon entering the definitive agreement on May 18, 2026, the Company resigned as operator and Lidya Mines assumed the role of operator of the Project. The Company determined that it was no longer the primary beneficiary of Artmin, as it no longer has the power to direct the significant activities of Artmin. As a result, Artmin was deconsolidated from the Company’s Condensed Consolidated Financial Statements effective as of May 18, 2026. Upon deconsolidation, the Company recognized a loss of $17.5 million.

(3)For thethree months ended September 30, 2026, and 2025, care and maintenance expense representsnil and $22.4 million, respectively, of direct costs, excluding costs associated with environmental reclamation and remediation, andnil and $14.9 million, respectively, of depreciation incurred during the suspension of operations at Çöpler.

For thenine months ended September 30, 2026, and 2025, care and maintenance expense represents $44.9 million and $64.7 million, respectively, of direct costs, excluding costs associated with environmental reclamation and remediation, and $14.9 million and $45.1 million, respectively, of depreciation incurred during the suspension of operations at Çöpler.

The following table presents the major classes of assets and liabilities classified as held for sale, as reported in the Company’s Condensed Consolidated Balance Sheets as of December 31, 2025 (in thousands):

(1)The consolidated assets as of December 31, 2025, include $3,467.5 million of assets of variable interest entities (“VIEs”) that can only be used to settle the obligations of the VIEs. As of December 31, 2025, the assets include Cash and cash equivalents of $15.4 million; Trade and other receivables of $3.0 million; Inventories, current of $27.5 million; Prepaids and other current assets of $12.4 million; Prepaids, related party of $23.5 million; Mineral properties, plant and equipment, net of $3,105.9 million; Inventories, non-current of $274.9 million; and Other non-current assets of $4.9 million. The consolidated liabilities as of December 31, 2025, include $570.3 million of liabilities of VIEs whose creditors have no recourse to the Company. As of December 31, 2025, the liabilities include Accounts payable of $15.3 million; Accrued liabilities and other of $13.8 million; Reclamation and remediation liabilities, current of $25.4 million; Finance lease liabilities, current of $5.0 million; Current portion of debt, related party of $11.0 million; Debt, related party, non-current of $51.4 million; Finance lease liabilities, non-current of $76.3 million; Reclamation and remediation liabilities, non-current of $207.1 million; Deferred income tax liabilities of $162.4 million; and Other non-current liabilities of $2.6 million.