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    Mitchell J. Krebs

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

    AM
    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

    OrganizationRoleDate RangeDetails
    Coeur Mining, Inc.Senior Vice President and Chief Financial OfficerMarch 2008 to July 2011
    Coeur Mining, Inc.TreasurerJuly 2008 to March 2010
    Coeur Mining, Inc.Senior Vice President, Corporate DevelopmentMay 2006 to March 2008
    Coeur Mining, Inc.Vice President, Corporate DevelopmentFebruary 2003 to May 2006
    Coeur Mining, Inc.Manager of AcquisitionsAugust 1995Joined Coeur
    PaineWebber Inc.Investment Banking AnalystTwo years (dates not specified)Worked for two years before joining CDE

    External Roles

    OrganizationRoleDate RangeDetails
    Kansas City Southern Railway CompanyMember of the Board of DirectorsSince May 2017Audit Committee; Finance and Strategic Investments Committee
    National Mining AssociationMember of the BoardN/AExecutive Committee; Chair of ESG Task Force
    The Silver InstituteExecutive Committee member and past PresidentN/A

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$850,000 2023 AnnualFixed annual base salary
    Bonus$0 2023 Bonus CycleNo bonus awarded
    Option Awards$0 2023 GrantNo option awards granted
    Change in Nonqualified Deferred Compensation Earnings$0 2023 AdjustmentNo change in deferred compensation earnings
    All Other Compensation$151,210 2023 AnnualIncludes Employer Contributions to Deferred Compensation Plan: $87,600 and Other Components: $63,610

    Performance Compensation

    Data from  FY 2023

    Restricted Stock Award

    MetricValueDetails/Notes
    Grant DateFebruary 27, 2023
    Grant Date Fair Value$861,969
    Grant Date Stock Price$3.00 Based on the closing price on the grant date
    Vesting Schedule1/3 annually Vesting on February 27, 2024, 2025, and 2026
    Performance MetricsNot performance-based Award designed to promote retention and alignment with shareholders

    Performance Share Award

    MetricValueDetails/Notes
    Grant DateFebruary 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 ScheduleCliff vesting Vesting contingent on achieving performance goals over a three-year period
    Threshold40,405 shares Minimum level required for payout
    Target215,493 shares Target performance level
    Maximum430,986 shares Cap on the attainable award
    Valuation Assumptions73.0% volatility, 3 years expected life, 4.49% risk-free rate, 0% dividend yield

    Non-Equity Incentive Plan Awards

    MetricValueDetails/Notes
    Grant DateFebruary 27, 2023 Approved on February 21, 2023
    Threshold$531,250
    Target$1,062,500
    Maximum$2,125,000
    Payment NatureCash-based Not subject to FASB ASC 718; no grant date fair value or vesting schedule
    Payout Range25% (Threshold), 100% (Target), 200% (Maximum)

    Equity Incentive Plan Awards

    MetricValueDetails/Notes
    Included ComponentsRestricted Stock Award and Performance Share AwardProvides equity-based performance compensation
    Performance Metrics25% threshold, 100% target, 200% maximum Awards contingent on achieving specific financial and operational goals over a three-year period