Mitchell J. Krebs

President, Chief Executive Officer, and Chairman of the Board of Directors at Coeur Mining

Board

Since July 2011

Age

52 years

Education

Earned a Bachelor of Science in Economics from The Wharton School at the University of Pennsylvania and a Master of Business Administration from Harvard University.

Tenure

Joined Coeur Mining in August 1995 as Manager of Acquisitions and advanced through roles including Vice President, Senior Vice President, Chief Financial Officer, and Treasurer, before being appointed as President and Chief Executive Officer in July 2011.

Also at Coeur Mining

Aoife McGrath

Senior Vice President, Exploration

CMN

Casey M. Nault

Senior Vice President, General Counsel, and Chief ESG Officer

ECS

Emilie C. Schouten

Senior Vice President and Chief Human Resources Officer

About

Mitchell J. Krebs is a 52-year-old executive who holds a Bachelor of Science in Economics from The Wharton School at the University of Pennsylvania and an MBA from Harvard University. He began his career as an investment banking analyst at PaineWebber, which set the stage for his achievements in the mining industry.

He joined Coeur Mining in August 1995 as Manager of Acquisitions, evolving through various positions such as Vice President and Senior Vice President in Corporate Development, Chief Financial Officer, and Treasurer. His progression culminated in his appointment as President and Chief Executive Officer in July 2011, marking a significant milestone in his leadership journey at the company.

Beyond his operational roles at Coeur Mining, he has played a prominent part in industry advancements, directing major capital and restructuring initiatives and facilitating transactions exceeding $2 billion. His leadership extends to active participation in industry organizations and board roles, including serving as Chairman of the National Mining Association and a board member at Kansas City Southern Railway Company.

$CDE Performance Under Mitchell J. Krebs

Past Roles

Organization	Role	Date Range	Details
Coeur Mining, Inc.	Senior Vice President and Chief Financial Officer	March 2008 to July 2011
Coeur Mining, Inc.	Treasurer	July 2008 to March 2010
Coeur Mining, Inc.	Senior Vice President, Corporate Development	May 2006 to March 2008
Coeur Mining, Inc.	Vice President, Corporate Development	February 2003 to May 2006
Coeur Mining, Inc.	Manager of Acquisitions	August 1995	Joined Coeur
PaineWebber Inc.	Investment Banking Analyst	Two years (dates not specified)	Worked for two years before joining CDE

External Roles

Organization	Role	Date Range	Details
Kansas City Southern Railway Company	Member of the Board of Directors	Since May 2017	Audit Committee; Finance and Strategic Investments Committee
National Mining Association	Member of the Board	N/A	Executive Committee; Chair of ESG Task Force
The Silver Institute	Executive Committee member and past President	N/A

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$850,000	2023 Annual	Fixed annual base salary
Bonus	$0	2023 Bonus Cycle	No bonus awarded
Option Awards	$0	2023 Grant	No option awards granted
Change in Nonqualified Deferred Compensation Earnings	$0	2023 Adjustment	No change in deferred compensation earnings
All Other Compensation	$151,210	2023 Annual	Includes Employer Contributions to Deferred Compensation Plan: $87,600 and Other Components: $63,610

Performance Compensation

Data from FY 2023

Restricted Stock Award

Metric	Value	Details/Notes
Grant Date	February 27, 2023
Grant Date Fair Value	$861,969
Grant Date Stock Price	$3.00	Based on the closing price on the grant date
Vesting Schedule	1/3 annually	Vesting on February 27, 2024, 2025, and 2026
Performance Metrics	Not performance-based	Award designed to promote retention and alignment with shareholders

Performance Share Award

Metric	Value	Details/Notes
Grant Date	February 27, 2023	Approved on February 21, 2023
Grant Date Fair Value	$1,353,293
Grant Date Stock Price	$3.14	Valuation based on a Monte Carlo simulation
Vesting Schedule	Cliff vesting	Vesting contingent on achieving performance goals over a three-year period
Threshold	40,405 shares	Minimum level required for payout
Target	215,493 shares	Target performance level
Maximum	430,986 shares	Cap on the attainable award
Valuation Assumptions	73.0% volatility, 3 years expected life, 4.49% risk-free rate, 0% dividend yield

Non-Equity Incentive Plan Awards

Metric	Value	Details/Notes
Grant Date	February 27, 2023	Approved on February 21, 2023
Threshold	$531,250
Target	$1,062,500
Maximum	$2,125,000
Payment Nature	Cash-based	Not subject to FASB ASC 718; no grant date fair value or vesting schedule
Payout Range	25% (Threshold), 100% (Target), 200% (Maximum)

Equity Incentive Plan Awards

Metric	Value	Details/Notes
Included Components	Restricted Stock Award and Performance Share Award	Provides equity-based performance compensation
Performance Metrics	25% threshold, 100% target, 200% maximum	Awards contingent on achieving specific financial and operational goals over a three-year period