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Centerra Gold Inc.

For the period ended Sep 30, 2026. Filed Oct 29, 2026.

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Sep 30, 2026 · Filed Oct 29, 2026

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CGAU$21.78+2.3%Stored close · as of Nov 6, 2026
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Contents

EX-99.1 · 19. Segmented information

  1. Segmented information

The Company bases its operating segments on the way information is reported and used by the Company's chief operating decision-maker (“CODM”). The results of operating segments are reviewed by the CODM in order to make decisions about resources to be allocated to the segments and to assess their respective performances.

During the first quarter of 2026, the Company revised its internal organizational structure as a result of changes and advancements within the business and to better reflect how the CODM evaluates performance and allocates resources. The Company identified the Goldfield Project as a separate standalone reportable segment to align with the CODM focus on the ongoing construction and development of the project. Additionally, the Company refined the US Moly segment to comprise of the Thompson Creek Mine and Langeloth Metallurgical Facility which are vertically integrated. The Endako mine is now being presented within Corporate and Other, aligned with the Company’s updated organizational structure.

The comparative segment information for prior period has been restated to reflect the revised reportable segments. The reclassification has no impact on the Company’s previously reported consolidated net earnings, total assets, or cash flows.

Centerra Gold Inc.Notes to the Condensed Consolidated Interim Financial Statements (Unaudited)September 30, 2026(Expressed in thousands of United States dollars, except share and per share amounts, unless otherwise indicated)

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

(Thousands of U.S. dollars) · Oksut · Mount Milligan · US Moly · Goldfield · TotalSegments · Corporate and other · Total
Revenue130,709$209,154$160,384$—$500,247$—$500,247
Cost of sales
Production costs52,07795,147143,538—290,762—290,762
Depreciation15,74816,5111,138—33,397—33,397
Earnings from mine operations62,884$97,496$15,708$—$176,088$—$176,088
Exploration and evaluation costs4,5852,7971173137,81218,25726,069
Corporate administration costs—————9,5599,559
Share-based compensation expenses—————20,81720,817
Care and maintenance expenses—————7,2897,289
Reclamation recovery—————(7,214)(7,214)
Other operating expenses3786,665640—7,6835,10912,792
Earnings (loss) from operations57,921$88,034$14,951(313)$160,593$106,776
Loss on sale of Greenstone Partnership293293
Other non-operating income(6,341)(6,341)
Finance costs8,8028,802
Earnings before income tax$104,022
Income tax expense15,33415,334
Net earnings$88,688
Additions to PP&E2,206$28,527$76,10530,507$137,345$1,924$139,269
(Thousands of U.S. dollars) · Öksüt · Mount Milligan · US Moly · Goldfield · TotalSegments · Corporate and other · Total
Revenue169,098$137,269$88,796—$395,163$—$395,163
Cost of sales
Production costs59,14177,34486,867—223,352—223,352
Depreciation19,77014,4731,136—35,379—35,379
Earnings from mine operations90,187$45,452$793—$136,432$—$136,432
Exploration and evaluation costs1572,028—2,0124,19716,36920,566
Corporate administration costs—————6,9556,955
Share-based compensation expenses—————8,0748,074
Care and maintenance expenses—————4,6764,676
Impairment reversal———(193,520)(193,520)—(193,520)
Reclamation recovery—————(207)(207)
Other operating expenses (income)366(40,200)977—(38,857)649(38,208)
Earnings (loss) from operations89,664$83,624$(184)191,508$364,612$328,096
Gain on sale of Greenstone Partnership(16,264)(16,264)
Other non-operating income(10,397)(10,397)
Finance costs2,9882,988
Earnings before income tax$351,769
Income tax expense59,58159,581
Net earnings$292,188
Additions to PP&E7,961$11,868$36,50911$56,349$350$56,699

Centerra Gold Inc.Notes to the Condensed Consolidated Interim Financial Statements (Unaudited)September 30, 2026(Expressed in thousands of United States dollars, except share and per share amounts, unless otherwise indicated)

Öksüt · Mount Milligan · US Moly · Goldfield · Total Segments · Corporateand other · Total
Revenue$455,722$587,094$384,837$—$1,427,653$—$1,427,653
Cost of sales
Production costs164,488275,732356,137—796,357—796,357
Depreciation, depletion and amortization47,97447,1933,419—98,586—98,586
Earnings from mine operations$243,260$264,169$25,281$—$532,710$—$532,710
Exploration and evaluation costs5,2583,8521173,75412,98136,54549,526
Corporate administration costs—————30,65230,652
Share-based compensation expenses—————33,61433,614
Care and maintenance expenses—————17,32317,323
Reclamation recovery—————(4,657)(4,657)
Other operating expenses1,39650,85710,101—62,3547,83170,185
Earnings (loss) from operations$236,606$209,460$15,063$(3,754)$457,375$336,067
Gain on sale of Greenstone Partnership(17,892)(17,892)
Other non-operating income(27,655)(27,655)
Finance costs18,66218,662
Earnings before income tax$362,952
Income tax expense122,715122,715
Net earnings$240,237
Additions to PP&E$13,837$109,885$195,105$49,199$368,026$6,415$374,441
Öksüt · Mount Milligan · US Moly · Goldfield · Total Segments · Corporateand other · Total
Revenue$329,703$399,290$254,012$—$983,005$—$983,005
Cost of sales
Production costs120,669225,786250,643—597,098—597,098
Depreciation, depletion and amortization36,81045,2813,409—85,500—85,500
Earnings (loss) from mine operations$172,224$128,223$(40)$—$300,407$—$300,407
Exploration and evaluation costs1,2233,934—5,05910,21627,17537,391
Corporate administration costs—————24,10024,100
Share-based compensation expenses—————10,94510,945
Care and maintenance expenses—————14,30614,306
Impairment reversal———(193,520)(193,520)—(193,520)
Reclamation recovery—————(2,962)(2,962)
Other operating expenses (income)717(21,150)2,148—(18,285)951(17,334)
Earnings (loss) from operations$170,284$145,439$(2,188)$188,461$501,996$427,481
Gain on sale of Greenstone Partnership(37,871)(37,871)
Other non-operating income(19,055)(19,055)
Finance costs10,94210,942
Earnings before income tax$473,465
Income tax expense82,24982,249
Net earnings$391,216
Additions to PP&E$31,820$52,194$95,732$47$179,793$582$180,375
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