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SSR MINING INC.

For the period ended Sep 30, 2026. Filed Nov 3, 2026.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2026 · Filed Nov 3, 2026

SSRM$29.67+4.5%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

5. Operating Segments

  1. OPERATING SEGMENTS

The Company identifies its segments according to how the chief operating decision maker (“CODM”) evaluates financial performance and allocates resources. The Company’s CODM is the chief executive officer. The CODM assesses the segments’ performance by using each segment’s operating income and primarily relies on operating income for each segment during the annual budgeting and forecasting process. On a quarterly basis, the CODM reviews budget-to-actual variances for profit metrics to inform decisions on the allocation of operating and capital resources across segments.

As described in Note 3, the Çöpler mine and related properties and the Hod Maden project met the criteria for classification as discontinued operations and are excluded from the tables below. Following the removal of Çöpler, the Company determined that it hasfour reportable and operating segments represented by each of its producing mine sites.

The following tables provide a summary of financial information related to the Company’s segments (in thousands):

Three Months Ended September 30, 2026
MarigoldCC&VSeabeePunaSegment TotalCorporate and other (1)Total from Continuing Operations
Revenue$126,350$133,212$67,672$120,421$447,655$—$447,655
Cost of sales (2)$59,026$48,459$24,266$55,336$187,087$—$187,087
Depreciation, depletion, and amortization$8,569$5,923$11,579$7,696$33,767$80$33,847
General and administrative expense$—$—$—$—$—$40,988$40,988
Exploration and evaluation$465$407$2,234$5,870$8,976$1,500$10,476
Reclamation costs$889$5,086$336$44,796$51,107$—$51,107
Other operating expense (income), net$2,406$2,323$(4,612)$347$464$1,542$2,006
Operating income (loss)$54,995$71,014$33,869$6,376$166,254$(44,110)$122,144
Interest expense$—$(3)$(3)$(9)$(15)$(100)$(115)
Interest income$296$194$525$693$1,708$12,480$14,188
Other income (expense)$(243)$(1,358)$4$247$(1,350)$(1,579)$(2,929)
Foreign exchange gain (loss)$—$1$(305)$(5,817)$(6,121)$(177)$(6,298)
Income (loss) before income and mining taxes$55,048$69,848$34,090$1,490$160,476$(33,486)$126,990
Capital expenditures$55,839$33,086$10,676$2,599$102,200$—$102,200
Total assets as of September 30, 2026$1,030,216$799,486$416,650$369,711$2,616,063$1,664,532$4,280,595

(1)Corporate and other consists of business activities that are not included within the reportable segments and is provided for reconciliation purposes. The exploration, evaluation and development properties and the portfolio of prospective exploration tenures, near or adjacent to the existing operations, are included in the respective reportable segment. The greenfield standalone prospects and development projects are included in Corporate and other.

Three Months Ended September 30, 2025
MarigoldCC&VSeabeePunaSegment TotalCorporate and other (1)Total from Continuing Operations
Revenue$130,694$98,249$31,544$125,352$385,839$—$385,839
Cost of sales (2)$62,436$38,961$19,661$44,624$165,682$—$165,682
Depreciation, depletion, and amortization$9,060$3,525$6,827$8,694$28,106$81$28,187
General and administrative expense$—$—$—$—$—$40,228$40,228
Exploration and evaluation$371$363$3,582$3,373$7,689$1,995$9,684
Reclamation costs$807$3,914$335$1,279$6,335$—$6,335
Other operating expense (income), net$727$520$54$267$1,568$9,214$10,782
Operating income (loss)$57,293$50,966$1,085$67,115$176,459$(51,518)$124,941
Interest expense$—$—$—$(190)$(190)$(1,711)$(1,901)
Interest income$812$17$278$253$1,360$1,820$3,180
Other income (expense)$(170)$(5)$—$4,614$4,439$(1,849)$2,590
Foreign exchange gain (loss)$—$—$(715)$(10,044)$(10,759)$(1,921)$(12,680)
Income (loss) before income and mining taxes$57,935$50,978$648$61,748$171,309$(55,179)$116,130
Capital expenditures$13,383$15,206$6,843$3,101$38,533$(3,281)$35,252
Total assets as of September 30, 2025$852,622$589,480$358,179$377,553$2,177,834$267,952$2,445,786

(1)Corporate and other consists of business activities that are not included within the reportable segments and is provided for reconciliation purposes. The exploration, evaluation and development properties and the portfolio of prospective exploration tenures, near or adjacent to the existing operations, are included in the respective reportable segment. The greenfield standalone prospects and development projects are included in Corporate and other.

Nine Months Ended September 30, 2026
MarigoldCC&VSeabeePunaSegment TotalCorporate and other (1)Total from Continuing Operations
Revenue$441,365$448,758$161,429$421,679$1,473,231$—$1,473,231
Cost of sales (2)$189,503$147,693$72,527$146,155$555,878$—$555,878
Depreciation, depletion, and amortization$26,664$16,122$30,733$21,246$94,765$239$95,004
General and administrative expense$—$—$—$—$—$107,118$107,118
Exploration and evaluation$927$655$5,668$11,954$19,204$5,535$24,739
Reclamation costs$2,668$13,722$1,008$47,356$64,754$—$64,754
Other operating expense (income), net$6,426$2,856$(4,169)$868$5,981$5,482$11,463
Operating income (loss)$215,177$267,710$55,662$194,100$732,649$(118,374)$614,275
Interest expense$—$(14)$(15)$(33)$(62)$(1,715)$(1,777)
Interest income$620$521$790$1,438$3,369$18,803$22,172
Other income (expense)$(656)$557$(13)$11,499$11,387$(1,985)$9,402
Foreign exchange gain (loss)$—$2$(522)$(13,534)$(14,054)$(4,821)$(18,875)
Income (loss) before income and mining taxes$215,141$268,776$55,902$193,470$733,289$(108,092)$625,197
Capital expenditures$121,700$60,005$39,542$17,101$238,348$—$238,348
Total assets as of September 30, 2026$1,030,216$799,486$416,650$369,711$2,616,063$1,664,532$4,280,595

(1)Corporate and other consists of business activities that are not included within the reportable segments and is provided for reconciliation purposes. The exploration, evaluation and development properties and the portfolio of prospective exploration tenures, near or adjacent to the existing operations, are included in the respective reportable segment. The greenfield standalone prospects and development projects are included in Corporate and other.

Nine Months Ended September 30, 2025
MarigoldCC&V (1)Seabee (2)PunaSegment TotalCorporate and other (3)Total from Continuing Operations
Revenue$366,660$283,086$142,386$315,780$1,107,912$—$1,107,912
Cost of sales (4)$177,538$106,929$61,265$119,539$465,271$—$465,271
Depreciation, depletion, and amortization$26,001$6,813$27,252$24,666$84,732$240$84,972
General and administrative expense$—$—$—$—$—$90,757$90,757
Exploration and evaluation$2,886$363$10,465$4,550$18,264$3,437$21,701
Reclamation costs$2,417$9,085$1,007$3,840$16,349$—$16,349
Care and maintenance (5)$—$—$1,013$—$1,013$—$1,013
Other operating expense (income), net$1,383$1,154$152$706$3,395$24,621$28,016
Operating income (loss)$156,435$158,742$41,232$162,479$518,888$(119,055)$399,833
Interest expense$—$—$—$(1,172)$(1,172)$(5,106)$(6,278)
Interest income$3,168$17$1,009$1,506$5,700$3,500$9,200
Other income (expense)$(629)$(5)$(15)$12,392$11,743$(2,917)$8,826
Foreign exchange gain (loss)$—$—$31$(19,964)$(19,933)$(7,596)$(27,529)
Income (loss) before income and mining taxes$158,974$158,754$42,257$155,241$515,226$(131,174)$384,052
Capital expenditures$47,474$31,026$27,407$9,078$114,985$(3,281)$111,704
Total assets as of September 30, 2025$852,622$589,480$358,179$377,553$2,177,834$267,952$2,445,786

(1)The reported statements of operations amounts reflect results for CC&V from the date of acquisition on February 28, 2025, through September 30, 2025.

(2)During the second quarter of 2025, the Company suspended operations at Seabee for approximately two weeks due to power interruptions caused by forest fires to the north of the mine. Seabee resumed operations on June 13, 2025.

(3)Corporate and other consists of business activities that are not included within the reportable segments and is provided for reconciliation purposes. The exploration, evaluation and development properties and the portfolio of prospective exploration tenures, near or adjacent to the existing operations, are included in the respective reportable segment. The greenfield standalone prospects and development projects are included in Corporate and other.

(4)Excludes depreciation, depletion, and amortization.

(5)Care and maintenance expense represents the direct costs of $0.2 million and depreciation of $0.8 million during the temporary suspension of operations at Seabee during the six months ended September 30, 2025.

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