Meliadine Analyst Tour August 26, 2014

AGNICO EAGLE | MELIADINE | 1

MELIADINE AND MEADOWBANK ANALYST / INVESTOR UPDATE

August 26, 2014


FORWARD LOOKING STATEMENTS

The information in this presentation has been prepared as at August 26, 2014. Certain statements contained in this document constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under the provisions of Canadian provincial securities laws. When used in this document, the words “anticipate”, “expect”, “estimate”, “forecast”, “will”, “planned” and similar expressions are intended to identify forward-looking statements. Such statements include without limitation: statements the Company's forward-looking production guidance, including estimated ore grades, project timelines, drilling results, metal production, mine estimates horizons, production, total cash costs per ounce, minesite costs per tonne; all-in sustaining costs and cash flows; the estimated timing and conclusions of technical reports and other studies; the methods by which ore will be extracted or processed; statements concerning expansion projects, recovery rates, mill throughput, and projected exploration expenditures, including costs and other estimates upon which such projections are based; estimates of depreciation expense, general and administrative expense and tax rates; the impact of maintenance shutdowns; statements regarding timing and amounts of capital expenditures and other assumptions; estimates of future reserves, resources, mineral production, optimization efforts and sales; estimates of mine life; estimates of future internal rates of return, mining costs, total cash costs, minesite costs, all-in sustaining costs and other expenses; estimates of future capital expenditures and other cash needs, and expectations as to the funding thereof; statements as to the projected development of certain ore deposits, including estimates of exploration, development and production and other capital costs, and estimates of the timing of such exploration, development and production or decisions with respect to such exploration, development and production; estimates of reserves and resources, and statements regarding anticipated future exploration; the anticipated timing of events with respect to the Company’s mine and project sites and statements and information regarding the sufficiency of the Company’s cash resources and other statements regarding anticipated trends with respect to the Company's operations, exploration and the funding thereof. Such statements reflect the Company’s views as at the date of this document and are subject to certain risks, uncertainties and assumptions and undue reliance should not be placed on such statements. Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by Agnico Eagle as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The material factors and assumptions used in the preparation of the forward looking statements and information contained herein, which may prove to be incorrect, include, but are not limited to, the assumptions set forth herein and in management's discussion and analysis (“MD&A”) and the Company's Annual Information Form (“AIF”) for the year ended December 31, 2103 filed with Canadian securities regulators and that are included in its Annual Report on Form 40-F for the year ended December 31, 2013 (“Form 40-F”) filed with the U.S. Securities and Exchange Commission (the “SEC”) as well as: that there are no significant disruptions affecting operations; that production, permitting and expansion at Meadowbank and Meliadine proceed on a basis consistent with current expectations and plans; that the relevant metals prices, exchange rates and prices for key mining and construction supplies will be consistent with Agnico Eagle's expectations; that Agnico Eagle's current estimates of mineral reserves, mineral resources, mineral grades and metal recovery are accurate; that there are no material delays in the timing for completion of ongoing growth projects; that the Company's current plans to optimize production are successful; and that there are no material variations in the current tax and regulatory environment. Many factors, known and unknown could cause the actual results to be materially different from those expressed or implied by such forward looking statements and information. Such risks include, but are not limited to: the volatility of prices of gold and other metals; uncertainty of mineral reserves, mineral resources, mineral grades and mineral recovery estimates; uncertainty of future production, capital expenditures, and other costs; currency fluctuations; financing of additional capital requirements; cost of exploration and development programs; mining risks; community protests; governmental and environmental regulation; the volatility of the Company’s stock price; and risks associated with the Company’s byproduct metal derivative strategies. For a more detailed discussion of such risks and other factors that may affect the Company’s ability to achieve the expectations set forth in the forward-looking statements contained in this document, see the AIF and MD&A filed on SEDAR at www.sedar.com and included in the Form 40-F filed on EDGAR at www.sec.gov, as well as the Company’s other filings with the Canadian securities regulators and the SEC. The Company does not intend, and does not assume any obligation, to update these forward-looking statements and information. For a detailed breakdown of the Company’s reserve and resource position see the AIF or Form 40-F.


NOTES TO INVESTORS

Note Regarding the Use of Non-GAAP Financial Measures

This document discloses certain measures, including ‘‘total cash costs per ounce’’ and ‘‘minesite costs per tonne’’ that are not recognized measures under US GAAP. This data may not be comparable to data presented by other gold producers. For a reconciliation of these measures to the most directly comparable financial information presented in the consolidated financial statements prepared in accordance with US GAAP and for an explanation of how management uses these measures, see “Reconciliation of Non-GAAP Financial Performance Measures” in the Company’s earnings news release dated July 30, 2014 as well as the Company’s MD&A and Form 40-F. All references herein to total cash costs per ounce are to total cash costs per ounce on a by-product basis, that is, deducting by-product metal revenue from production costs. For further information on this measure and for information on total cash costs per ounce on a co-product basis, that is before the effect of by-product metals revenues, please see the Company’s earnings news release dated July 30, 2014. The Company believes that the generally accepted industry measures that it uses are realistic indicators of operating performance and are useful in allowing year over year comparisons. However, non-US GAAP measures should be considered together with other data prepared in accordance with US GAAP, and such measures, taken by themselves, are not necessarily indicative of operating costs or income measures prepared in accordance with US GAAP. This document also contains information as to estimated future total cash costs per ounce and minesite costs per tonne. The estimates are based upon the total cash costs per ounce and minesite costs per tonne that the Company expects to incur to mine gold at its mines and projects and, consistent with the reconciliation of these actual costs referred to above, do not include production costs attributable to accretion expense and other asset retirement costs, which will vary over time as each project is developed and mined. It is therefore not practicable to reconcile these forward-looking non-US GAAP financial measures to the most comparable US GAAP measure.

Note Regarding Production Guidance

The gold production guidance is based on the Company’s mineral reserves but includes contingencies and assumes metal prices and foreign exchange rates that are different from those used in the reserve estimates. These factors and others mean that the gold production guidance presented in this disclosure does not reconcile exactly with the production models used to support these mineral reserves.


• Project Locations

• The Meadowbank Story

• IVR Discovery

• Meliadine • Background

• 2014 Work Program

• Geology and Mineralization

• Reserves and Resources

• Current Status

• Updated Technical Study

• Permitting Timeline

AGENDA


MEADOWBANK AND MELIADINE LOCATION MAP

Ontario

Meliadine

IVR

Goldex Lapa

LaRonde Canadian Malartic

Quebec

Meadowbank


MEADOWBANK RECORD THROUGHPUT AND CONTINUED COST CONTROL DRIVES STRONG PERFORMANCE

Record daily throughput in Q2 2014 due to continued optimization of mine plan and improved equipment availability

Increase in year-over-year production reflecting higher grades, increased throughput and better recoveries

60:40 split of production between H1 and H2 anticipated as the higher grade Goose pit expected to be mined out by year-end 2014

Exploration drilling has expanded the scope of the mineralization at the IVR property – a second phase, 20,000 metres drill program has commenced

Proven Gold Reserves (million oz) (1.1 M tonnes @ 2.88 g/t) 0.1

Probable Gold Reserves (million oz) (15.7 M tonnes @ 3.26 g/t) 1.6

Indicated gold resource (million oz) (7.3 M tonnes @ 3.28 g/t) 0.8

Inferred gold resource (million oz) (3.3 M tonnes @ 3.96 g/t) 0.4

Estimated LOM (years) 4

See AEM Feb 12, 2014 press release for detailed breakdown of reserves and resources.

$70

$76

$82

$88

$94

-

25

50

75

100

125

150

Q1-13 Q2-13 Q3-13 Q4-13 Q1-14 Q2-14

Production (koz) Cost/tonne


BUILDING ON MEADOWBANK’S SUCCESS


Building on Meadowbank Success

• Experience building and operating in the arctic

• Experience with remote sites (logistic, FIFO)

• Experience with local Inuit workforce and community relations

• Experience dealing with the various Inuit governing entities (NTI, KIA, HTO, etc.)

• Experience dealing with the various Nunavut and Federal governing entities (GN, AANDC, NIRB, NWB, DFO, etc.)

• Experience with Nunavut Permitting process

“A UNIQUE ABILITY TO CREATE VALUE IN THE ARCTIC”


REGIONAL STRATEGY

• Better infrastructure than Meadowbank - 27 km all season road to Rankin Inlet - Larger airport and better port facility at Rankin

• Large resource base with high-grade UG component

• Potential successor operation to Meadowbank

• Management and workforce now well experienced with arctic operations

• Strong relationships with the government and local suppliers in Nunavut

• Politically stable, pro-mining jurisdiction

• 100% ownership of an 80 km belt with significant exploration potential

TRANSITIONING FROM MEADOWBANK TO MELIADINE


SIGNIFICANT EXPLORATION FOOTPRINT NEAR MEADOWBANK RECENT IVR DISCOVERY COULD PROVIDE EXPLORATION UPSIDE

• Mineralized float discovered in 1989 • 408 km2 property acquired from NTI in 2013-2014 • In 2013, drilling by Agnico Eagle encountered

gold mineralization – 4 subparallel zones outlined to date

• Mineralization appears structurally controlled in volcanic and sedimentary rocks. Gold occurs with quartz veining and sulphides (similar to Meliadine)

• 102 drill holes (18 702 metres) have been completed to date (2013-2014)

• A new 20,000 metre drill program was initiated in August and is scheduled to be completed by mid September 2014

• Mineralization has been traced for ~1000 metres along strike and to an average vertical depth of ~150 metres (up to 290 metres)

• Recently completed airborne geophysical survey has outlined a 10 km long magnetic-electromagnetic anomaly that appears to coincide with mineralization

• A 600 metre long mineralized boulder field has been discovered 3.5 km from IVR zones


IVR DISCOVERY NEAR MEADOWBANK CONTINUES TO EXPAND FOUR MINERALIZED ZONES HAVE BEEN OUTLINED – MINERALIZATION OPEN IN ALL DIRECTIONS

IVR14-050 7.60 g/t Au / 3.3 m

IVR14-051 4.46 g/t Au / 2.9 m

IVR14-058 4.94 g/t Au / 16.7 m

Incl. 8.12 g/t Au / 8.0 m

IVR13-056 3.56 g/t Au / 9.0 m

Incl. 5.32 g/t Au / 4.5 m And 7.25 g/t Au / 3.5 m

IVR14-057 5.63 g/t Au / 12.8 m

Incl. 11.68 g/t Au / 4.6 m

IVR14-054 7.70 g/t Au / 6.5 m

And 5.54 g/t Au / 19.8 m Incl. 7.06 g/t Au / 9.6 m Incl. 7.33 g/t Au / 5.4 m And 3.11 g/t Au /5.2 m

IVR14-060 4.59 g/t Au / 2.7 m

And 10.06 g/t Au / 3.8 m

IVR14-081 5.99 g/t Au / 23.7 m

Incl. 7.03 g/t Au / 4.8 m Incl. 8.54 g/t Au / 5.7 m Incl. 8.33 g/t Au / 6.3 m And 7.18 g/t Au / 7.5 m Incl. 13.7 g/t Au / 3.0 m

IVR13-079 8.13 g/t Au / 21.6 m

Incl. 6.31 g/t Au / 3.6 m Incl. 27.29 g/t Au / 4.5 m


IVR GEOPHYSICAL MAP MULTIPLE EM-MAGNETIC ANOMALIES OUTLINED BY AIRBORNE SURVEY

10 km of MAG-EM favourable target

IVR Project


MELIADINE - BACKGROUND

Years Ownership Highlights 1987-1988 Asamera Investigation of gold occurrence at Tonic Lake

1989-1992 Asamera/Comaplex

Discovery and Wolf deposits discovered

1993-1994 Comaplex/Cumberland

Tiriganiaq, F-Zone and Pump deposits discovered

1995-2003 WMC Drilling on known deposits and regional assets

2004-2009 Comaplex Drilling on known deposits and regional assets Underground development and 1st bulk sample program

2010 AEM Acquisition of Comaplex in July (100% interest in Meliadine)

2010-2014

AEM Drilling on known deposits and regional assets Underground development and 2nd bulk sample program

Various economical studies

A LONG HISTORY OF EXPLORATION Milestones


Surface drilling program consisting of 130 holes (37,991 metres) completed August 2014 Conversion drilling at Wesmeg/Normeg and Tiriganiaq zones and exploration drilling at Pump,

Discovery and Wolf zones

Significant new discovery in the Pump zone, indicating potential for high-grade resources – including hole M14-2220 that yielded 19.8 g/t gold over 5.2 metres at 12 metres depth

Exploration ramp extended by 301 metres during Q2 2014, now 527 metres long, to a depth of 168 metres below surface

Final Environmental Impact Statement (FEIS) delivered in Q2 2014

Updated technical study on track for late 2014 or early 2015

MELIADINE – ADVANCING DOWN THE DEVELOPMENT TRACK 2014 DRILLING EXPECTED TO FURTHER EXPAND RESOURCE BASE



MELIADINE GEOLOGY – 80 KM BELT STRONG EXPLORATION POTENTIAL OUTSIDE MAIN ZONE OF DEFINED MINERALIZATION


MELIADINE DEPOSIT LOCATIONS 38,000 METRES OF INFILL AND CONVERSION DRILLING CARRIED OUT IN 2014


TIRIGANIAQ COMPOSITE LONG SECTION


PLAN MAP SHOWING EXISTING AND PROPOSED RAMP ACCESS


TIRIGANIAQ – TYPICAL CROSS SECTION

• In 2011, approx. 4,600 tonnes of ore were collected from the two principal areas (the 1000 and 1100 Lodes) at Tiriganiaq

• Processing of this material confirmed the resource model

• The resource model estimated a grade of 9.4 g/t Au for the 1000 Lode, while the bulk sample returned a grade of 10.0 g/t Au

• The resource model estimated a grade of 14.0 g/t Au for the 1100 Lode, while the bulk sample returned a grade of 16.7 g/t Au

Bulk sampling in 2011 confirmed the resource model


TIRIGANIAQ 1000 LODE, 96E - UG BULK SAMPLE AREA


15.82 g/t Au over 3.3 m (core length)

TIRIGANIAQ 1000 LODE – DDHM11-1066


13.2 g/t Au over 4.0 m (Channel Sampling)

TIRIGANIAQ 1000 LODE, 99E - UG BULK SAMPLE AREA


16.4 g/t Au over 6.0 m (Channel Sampling)

TIRIGANIAQ 1100 LODE, 120W - UG BULK SAMPLE AREA


21.60 g/t Au over 5.1 m (core length)

TIRIGANIAQ 1100 LODE – DDHM11-1052


MINERALIZATION EXPANDED AT WESMEG/NORMEG 2014 CONVERSION DRILLING CONFIRMS GRADE AND WIDTH OF NEAR SURFACE DEPOSITS

M14-2226 12.51 g/t Au / 5.3 m

M14-2249 6.16 g/t Au / 3.1 m

and 7.70 g/t Au / 7.0 m

M14-2269 10.07 g/t Au / 5.8 m


DRILLING AT WOLF EXTENDS MINERALIZATION DOWN PLUNGE RESOURCES EXPECTED TO GROW

M14-2287 6.12 g/t Au / 4.2 m

M14-2292 6.52 g/t Au / 16.6 m

Incl. 8.42 g/t Au / 11.0 m

M14-2268 5.90 g/t Au / 4.0 m


NEW MINERALIZATION DISCOVERED AT PUMP ZONE GOOD POTENTIAL TO HOIST ADDITIONAL HIGH-GRADE RESOURCES

M14-2220 19.77 g/t Au / 5.2 m

and 8.29 g/t Au / 5.0 m

M14-2229 18.91 g/t Au / 5.4 m

M14-2305 9.50 g/t Au / 3.9 m

M14-2244 11.51 g/t Au / 3.1 m


MELIADINE RESERVES AND RESOURCES SIGNIFICANT RESOURCE AND RESERVE GROWTH SINCE ACQUISITION


Proven Gold Reserves (million oz) (0.03 M tonnes @ 7.31 g/t) 0.01

Probable Gold Reserves (million oz) (11.9 M tonnes @ 7.38 g/t)

2.8

Indicated gold resource (million oz) (19.0 M tonnes @ 5.05 g/t) 3.1

Inferred gold resource (million oz) (11.7 M tonnes @ 7.20 g/t) 2.7 0

2,000

4,000

6,000

8,000

10,000

2005 2006 2007 2008 2009 2010 2011 2012 2013

Gol

d Ko

z

Mineral Inventory - All Categories, All Deposits

Inferred Resources M&I Resources Reserves


MELIADINE - CURRENT STATUS

• Permitting activities are ongoing Project certificate expected in early

2015

Potential for first production in 2019

• Ramp development expected to continue through 2015 to facilitate additional drilling and maintain production flexibility

• Energy studies underway

Portal

PERMITTING PROGRESSING WELL


UPDATED TECHNICAL STUDY

• Evaluating a phased development program – initially an underground

operation with open pits later in the mine life

• Technical Study Production Plan (Indicated only – Tiriganiaq):

Reserves of 12.1M tonnes at 7.2 g/t for 2.8M ozs (mainly Tiriganiaq)

Gold Price: US$1,200

Average annual production expected to be approximately 250,000 to 350,000 ozs

• Also evaluating a larger resource option called the Base Case Plus

Production Plan (Indicated and Inferred – Tiriganiaq, Wesmeg, Normeg,

Pump, F-Zone and Discovery)

EXPECTED LATE 2014 OR EARLY 2015


STUDY COMPONENTS

• Mining design – 100% complete

• Metallurgical process – 100% complete

• Surface infrastructure design – 100% complete

• Water management and tailing deposition - 100% complete

• OPEX and CAPEX estimation – 20% complete


MINING METHODS

Underground

• Longitudinal (<6.5m) and transversal (>6.5m) • Pyramidal sequencing • Long hole blasting • 25m level spacing except 20m at Pump, F-Zone and Discovery • Paste backfill and dry rock fill • Ramp access only, truck haulage to crusher • Heating below permafrost, water infiltrations expected Open Pit • 10m bench height • Selective mining with split benching in ore, 3m minimum mining width in ore • Bulk mining in waste rock • Small equipment: 60-100t trucks, 7-11m3 loading units


PROPOSED SURFACE INFRASTRUCTURE PLAN


PERMITTING PROCESS

• Final environmental impact statement submitted and accepted May 2014

• Technical review completed July 2014

• Final public hearing underway August 2014

• IIBA memorandum of understanding under negotiation


NOTES TO INVESTORS REGARDING THE USE OF RESOURCES

Cautionary Note to Investors Concerning Estimates of Measured and Indicated Resources This document uses the terms “measured resources” and “indicated resources”. Investors are advised that while those terms are recognized and required by Canadian regulations, the SEC does not recognize them. Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. Cautionary Note to Investors Concerning Estimates of Inferred Resources This document also uses the term “inferred resources”. Investors are advised that while this term is recognized and required by Canadian regulations, the SEC does not recognize it. “Inferred resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. Investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable. Scientific and Technical Data Cautionary Note To U.S. Investors - The SEC permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. Agnico Eagle Mines Limited reports mineral resource and reserve estimates in accordance with the CIM guidelines for the estimation, classification and reporting of resources and reserves in accordance with the Canadian securities regulatory authorities' (the "CSA") National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). These standards are similar to those used by the SEC’s Industry Guide No. 7, as interpreted by Staff at the SEC ("Guide 7"). However, the definitions in NI 43-101 differ in certain respects from those under Guide 7. Accordingly, mineral reserve information contained herein may not be comparable to similar information disclosed by U.S. companies. Under the requirements of the SEC, mineralization may not be classified as a "reserve" unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. A "final" or "bankable" feasibility study is required to meet the requirements to designate reserves under Industry Guide 7. Agnico Eagle uses certain terms in this news release, such as "measured", "indicated", and "inferred", and "resources" that the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. In prior periods, reserves for all properties were typically estimated using historic three-year average metals prices and foreign exchange rates in accordance with the SEC guidelines. These guidelines require the use of prices that reflect current economic conditions at the time of reserve determination, which the Staff of the SEC has interpreted to mean historic three-year average prices. Given the current lower commodity price environment, Agnico Eagle has decided to use price assumptions that are below the three-year averages. The assumptions used for the mineral reserves estimates at all mines and advanced projects as of December 31, 2013, reported by the Company on February 12, 2014, are $1,200 per ounce gold, $18.00 per ounce silver, $0.82 per pound zinc, $3.00 per pound copper, $0.91 per pound lead and C$/US$, US$/Euro and MXP/US$ exchange rates of 1.03, 1.32 and 12.75, respectively.

NI 43-101 requires mining companies to disclose reserves and resources using the subcategories of "proven" reserves, "probable" reserves, "measured" resources, "indicated" resources and "inferred" resources. Mineral resources that are not mineral reserves do not have demonstrated economic viability.


NOTES TO INVESTORS REGARDING THE USE OF RESOURCES

A mineral reserve is the economically mineable part of a measured and/or indicated mineral resource. It includes diluting materials and allowances for losses, which may occur when the material is mined or extracted and is defined by studies at pre-feasibility or feasibility level as appropriate that include application of modifying factors. Such studies demonstrate that, at the time of reporting, extraction could reasonably be justified.

Modifying factors are considerations used to convert mineral resources to mineral reserves. These include, but are not restricted to, mining, processing, metallurgical, infrastructure, economic, marketing, legal, environmental, social and governmental factors.

A proven mineral reserve is the economically mineable part of a measured mineral resource. A proven mineral reserve implies a high degree of confidence in the modifying factors. A probable mineral reserve is the economically mineable part of an indicated and, in some circumstances, a measured mineral resource. The confidence in the modifying factors applying to a probable mineral reserve is lower than that applying to a proven mineral reserve.

A mineral resource is a concentration or occurrence of solid material of economic interest in or on the Earth's crust in such form, grade or quality and quantity that there are reasonable prospects for eventual economic extraction. The location, quantity, grade or quality, continuity and other geological characteristics of a mineral resource are known, estimated or interpreted from specific geological evidence and knowledge, including sampling.

A measured mineral resource is that part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics are estimated with confidence sufficient to allow the application of modifying factors to support detailed mine planning and final evaluation of the economic viability of the deposit. Geological evidence is derived from detailed and reliable exploration, sampling and testing and is sufficient to confirm geological and grade or quality continuity between points of observation. An indicated mineral resource is that part of a mineral resource for which quantity, grade or quality, densities, shape and physical characteristics are estimated with sufficient confidence to allow the application of modifying factors in sufficient detail to support mine planning and evaluation of the economic viability of the deposit. Geological evidence is derived from adequately detailed and reliable exploration, sampling and testing and is sufficient to assume geological and grade or quality continuity between points of observation. An inferred mineral resource is that part of a mineral resource for which quantity and grade or quality are estimated on the basis of limited geological evidence and sampling. Geological evidence is sufficient to imply but not verify geological and grade or quality continuity. Investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable. A feasibility study is a comprehensive technical and economic study of the selected development option for a mineral project that includes appropriately detailed assessments of applicable modifying factors together with any other relevant operational factors and detailed financial analysis that are necessary to demonstrate, at the time of reporting, that extraction is reasonably justified (economically mineable). The results of the study may reasonably serve as the basis for a final decision by a proponent or financial institution to proceed with, or finance, the development of the project. The confidence level of the study will be higher than that of a Pre-Feasibility Study.

The effective date for all of the Company's mineral resource and reserve estimates in this presentation is December 31, 2013. Additional information about each of the mineral projects that is required by NI 43-101, sections 3.2 and 3.3 and paragraphs 3.4 (a), (c) and (d) can be found in the Technical Reports referred to above, which may be found at www.sedar.com. Other important operating information can be found in the Company's AIF and Form 40-F. The scientific and technical information contained herein has been approved by Daniel Doucet, Corporate Director, Reserve Development, and/or Alain Blackburn, Senior Vice-President, Exploration. Both Mr. Doucet and Mr. Blackburn are designated P.Eng. with the Ordre ingenieurs du Québec and qualified persons as defined by NI 43-101.

Trading Symbol: AEM on TSX & NYSE

Investor Relations: 416-947-1212 [email protected]

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