KINROSS GOLD CORP

For the period ended Sep 30, 2026. Filed Oct 28, 2026.

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Sep 30, 2026 · Filed Oct 28, 2026

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KGC$22.24+3.0%Stored close · as of Nov 6, 2026

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Contents

EX-99.1 · Operating segments

Operating segments

The following tables set forth operating results by reportable segment for the following periods:

Operating segments · Non-operating segments
Three months ended September 30, 2026	Tasiast	Paracatu	La Coipa	Fort Knox(a)	Round Mountain	Bald Mountain	Great Bear	Corporate and other(b)	Total
Revenue
Metal sales	$476.8	607.0	130.0	333.8	111.0	116.1	–	–	$1,774.7
Cost of sales
Production cost of sales	118.7	171.6	68.1	158.5	66.4	43.9	–	–	627.2
Depreciation, depletion and amortization	55.6	54.3	13.9	67.5	13.2	11.0	0.1	1.5	217.1
Total cost of sales	174.3	225.9	82.0	226.0	79.6	54.9	0.1	1.5	844.3
Gross profit (loss)	$302.5	381.1	48.0	107.8	31.4	61.2	(0.1)	(1.5)	$930.4
Other operating expense	3.3	2.9	2.9	13.0	0.1	1.4	0.4	8.7	32.7
Exploration and business development	1.8	2.5	1.3	4.4	3.1	3.2	3.0	23.7	43.0
General and administrative	–	–	–	–	–	–	–	33.7	33.7
Operating earnings (loss)	$297.4	375.7	43.8	90.4	28.2	56.6	(3.5)	(67.6)	$821.0
Other expense - net									(9.0)
Finance income									25.5
Finance expense									(19.2)
Earnings before tax									$818.3
Capital expenditures for the three months ended September 30, 2026(c)	$96.7	76.7	10.8	34.1	45.8	56.2	50.9	65.5	$436.7

Operating segments · Non-operating segments
Three months ended September 30, 2025	Tasiast	Paracatu	La Coipa	Fort Knox(a)	Round Mountain	Bald Mountain	Great Bear	Corporate and other(b)	Total
Revenue
Metal sales	$403.0	516.3	200.6	408.9	129.5	143.8	–	–	$1,802.1
Cost of sales
Production cost of sales	103.4	139.9	69.0	159.7	78.1	48.5	–	–	598.6
Depreciation, depletion and amortization	68.1	53.2	34.9	76.8	21.3	29.8	0.2	1.1	285.4
Total cost of sales	171.5	193.1	103.9	236.5	99.4	78.3	0.2	1.1	884.0
Gross profit (loss)	$231.5	323.2	96.7	172.4	30.1	65.5	(0.2)	(1.1)	$918.1
Other operating expense (income)	4.0	(1.9)	(1.7)	6.0	(0.8)	–	2.0	18.5	26.1
Exploration and business development	7.6	1.7	5.7	3.3	1.0	3.3	5.7	22.4	50.7
General and administrative	–	–	–	–	–	–	–	31.2	31.2
Operating earnings (loss)	$219.9	323.4	92.7	163.1	29.9	62.2	(7.9)	(73.2)	$810.1
Other income - net									16.8
Finance income									45.2
Finance expense									(30.7)
Earnings before tax									$841.4
Capital expenditures for the three months ended September 30, 2025(c)	$119.3	59.8	19.8	31.8	34.8	31.3	27.8	5.7	$330.3

Operating segments · Non-operating segments
Nine months ended September 30, 2026	Tasiast	Paracatu	La Coipa	Fort Knox(a)	Round Mountain	Bald Mountain	Great Bear	Corporate and other(b)	Total
Revenue
Metal sales	$1,719.8	2,079.9	636.5	1,284.3	328.2	371.8	–	–	$6,420.5
Cost of sales
Production cost of sales	379.8	523.2	226.5	510.8	206.4	145.7	–	–	1,992.4
Depreciation, depletion and amortization	187.7	181.9	92.9	223.3	38.0	39.8	0.5	4.2	768.3
Total cost of sales	567.5	705.1	319.4	734.1	244.4	185.5	0.5	4.2	2,760.7
Gross profit (loss)	$1,152.3	1,374.8	317.1	550.2	83.8	186.3	(0.5)	(4.2)	$3,659.8
Other operating expense	8.4	4.3	6.0	38.3	0.2	4.3	1.2	20.3	83.0
Exploration and business development	9.5	6.5	2.4	13.0	6.4	7.9	13.4	61.2	120.3
General and administrative	–	–	–	–	–	–	0.1	110.9	111.0
Operating earnings (loss)	$1,134.4	1,364.0	308.7	498.9	77.2	174.1	(15.2)	(196.6)	$3,345.5
Other expense - net									(26.2)
Finance income									60.7
Finance expense									(58.5)
Earnings before tax									$3,321.5
Capital expenditures for the nine months ended September 30, 2026(c)	$288.6	173.0	59.4	103.9	155.6	200.9	130.8	150.7	$1,262.9

Operating segments · Non-operating segments
Nine months ended September 30, 2025	Tasiast	Paracatu	La Coipa	Fort Knox(a)	Round Mountain	Bald Mountain	Great Bear	Corporate and other(b)	Total
Revenue
Metal sales	$1,173.0	1,421.0	527.0	1,101.8	356.9	448.4	–	–	$5,028.1
Cost of sales
Production cost of sales	311.0	422.1	203.5	432.8	187.2	157.1	–	–	1,713.7
Depreciation, depletion and amortization	217.9	167.0	97.3	173.7	61.0	115.5	0.4	3.9	836.7
Total cost of sales	528.9	589.1	300.8	606.5	248.2	272.6	0.4	3.9	2,550.4
Gross profit (loss)	$644.1	831.9	226.2	495.3	108.7	175.8	(0.4)	(3.9)	$2,477.7
Other operating expense (income)	12.8	(1.3)	3.6	6.9	(0.6)	2.6	6.0	41.2	71.2
Exploration and business development	17.0	4.8	10.8	13.1	29.4	4.8	12.6	62.2	154.7
General and administrative	–	–	–	–	–	–	–	96.5	96.5
Operating earnings (loss)	$614.3	828.4	211.8	475.3	79.9	168.4	(19.0)	(203.8)	$2,155.3
Other expense - net									(16.2)
Finance income									56.8
Finance expense									(98.8)
Earnings before tax									$2,097.1
Capital expenditures for the nine months ended September 30, 2025(c)	$309.2	130.0	65.2	124.2	107.4	94.0	73.6	14.0	$917.6

Operating segments · Non-operating segments
	Tasiast	Paracatu	La Coipa	Fort Knox(a)	Round Mountain	Bald Mountain	Great Bear	Corporate and other(b)	Total
Property, plant and equipment at September 30, 2026	$2,402.2	1,593.0	255.5	821.9	569.6	404.2	1,837.5	746.6	$8,630.5
Total assets at September 30, 2026	$3,418.4	2,892.3	806.1	1,585.1	868.8	584.3	1,873.3	1,915.2	$13,943.5
Property, plant and equipment at December 31, 2025	$2,398.4	1,600.8	292.3	978.4	466.7	246.1	1,707.4	599.3	$8,289.4
Total assets at December 31, 2025	$3,122.3	2,248.8	750.2	1,662.8	728.1	412.1	1,713.9	1,772.9	$12,411.1

(a)	The Fort Knox segment includes Manh Choh.

(b)	Corporate and other includes corporate, shutdown and other non-operating assets, including Kettle River-Curlew, Lobo-Marte and Maricunga.

(c)	Segment capital expenditures are presented on an accrual basis and include capitalized interest. Additions to property, plant and equipment in the interim condensed consolidated statements of cash flows are presented on a cash basis.

17.	COMMITMENTS AND CONTINGENCIES

i.	Commitments

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