NOTES: Mineral reserves are not a subset of mineral resources. Tonnage amounts and contained metal amounts presented in this table have been rounded to the nearest thousand, so aggregate amounts may differ from column totals. Please refer to the Company news release dated February 13, 2020 and the Company’s Annual Information Form for the year ended December 31, 2019, for further details on mineral reserves and mineral resources. The scientific and technical information relating to Agnico Eagle's mineral reserves and mineral resources contained herein (other than the Canadian Malartic mine and other Canadian Malartic General Partnership projects such as Odyssey, East Malartic and East Gouldie) has been approved by Dyane Duquette, P. Geo., Corporate Director, Reserves Development of the Company; relating to mineral reserves and mineral resources at the Canadian Malartic mine and other Canadian Malartic General Partnership projects such as Odyssey, East Malartic and East Gouldie, has been approved by Sylvie Lampron, Eng., Senior Project Mine Engineer at Canadian Malartic Corporation, (for engineering) and Pascal Lehouiller, P. Geo., Senior Resource Geologist at Canadian Malartic Corporation, (for geology) — each of whom is a "Qualified Person" for the purposes of NI 43-101.

The assumptions used for the December 2019 mineral reserves estimate at all mines and advanced projects reported by the Company (other than the Canadian Malartic mine and the Upper Beaver project) were US$1,200 per ounce gold, US$17.00 per ounce silver, US$1.00 per pound zinc, US$2.50 per pound copper and exchange rates of C$1.25 per US$1.00, 17.00 Mexican pesos per US$1.00 and US$1.15 per €1.00 for all mines and projects other than the Creston Mascota (Bravo) satellite mine and Sinter deposit at the Pinos Altos mine in Mexico; due to the shorter remaining mine life for the Creston Mascota mine and Sinter deposit at the Pinos Altos mine, the exchange rates used were C$1.30 per US$1.00 and 18.00 Mexican pesos per US$1.00 (other assumptions unchanged).

The Canadian Malartic General Partnership, owned by Agnico Eagle (50%) and Yamana (50%), which owns and operates the Canadian Malartic mine, and the Upper Beaver project, owned by Agnico Eagle (100%) since March 2018, have estimated the December 2019 mineral reserves of the Canadian Malartic mine and the Upper Beaver project using the following assumptions: US$1,200 per ounce gold; US$2.75 per pound copper; a cut-off grade at the Canadian Malartic mine between 0.40 g/t and 0.43 g/t gold (depending on the deposit); a net smelter return (NSR) cut-off value of C$125/tonne for the Upper Beaver project; and an exchange rate of C$1.25 per US$1.00.