AGNICO EAGLE MINES LTD

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Additional Items

Corporate Governance

Under the rules of the CSA, the Company is required to disclose information relating to its system of corporate governance. The Company’s corporate governance disclosure is set out in Appendix A to this Circular. In addition to describing the Company’s governance practices with reference to the CSA rules, Appendix A to this Circular indicates how these governance practices align with the requirements of the SEC regulations under SOX and the standards of the NYSE.

Directors’ and Officers’ Liability Insurance

The Company has purchased, at its expense, directors’ and officers’ liability insurance policies to provide insurance against possible liabilities incurred by its directors and officers in their capacity as directors and officers of the Company. The premium for these policies for the period from December 31, 2024 to December 31, 2025 was approximately $4.0 million. The policies provide coverage of up to $305 million in the aggregate to a maximum of $305 million per annum in circumstances where the Company might not indemnify its directors and officers for their acts or omissions, subject to certain deductibles and sub-limits. There is no deductible for directors and officers, and a $7.5 million deductible for each claim made by the Company.

Additional Information

The Company is a reporting issuer under the securities acts of each of the provinces and territories of Canada and a registrant under the United States Securities Exchange Act of 1934 and is therefore required to file certain documents with various securities commissions. Additional financial information for the Company’s most recently completed financial year is provided in the Audited Annual Financial Statements and Management’s Discussion and Analysis referred to below. To obtain a copy of any of the following documents, please contact Investor Relations:

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the Company’s most recent Annual Information Form;

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the Company’s Audited Annual Financial Statements and Management’s Discussion and Analysis for the year ended December 31, 2025;

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any interim financial statements of the Company subsequent to the financial statements for the year ended December 31, 2025; and

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this Management Information Circular.

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Alternatively, these documents may be viewed at the Company’s website at www.agnicoeagle.com, on the SEDAR+ website at www.sedarplus.com or on the EDGAR website at www.sec.gov.

Information concerning the Company’s Audit Committee that is required to be provided by National Instrument 52-110F1, can be found in the Company’s Annual Information Form under the heading “Audit Committee” as well as in Schedule “A” to the Annual Information Form.

General

Management knows of no matters to come before the Meeting other than matters referred to in this Circular. However, if any other matters which are not now known to management should properly come before the Meeting, the proxy will be voted on such matters in accordance with the best judgment of the person or persons voting the proxy.

Directors’ Approval

The Board of Directors of the Company has approved the content and sending of this Management Information Circular.

March 19, 2026

CHRISTOPHER VOLLMERSHAUSEN

Executive Vice-President,

Legal, General Counsel &

Corporate Secretary