Agnico Eagle Mines (AEM) AGM 2025 summary

Opening remarks and agenda

• The Annual and Special Meeting of Shareholders was held on April 25, 2025, featuring multilingual greetings, a land acknowledgment, and a focus on operational updates, strategic initiatives, and shareholder engagement.

• The chair introduced the board, senior management, and participants in the Dr. Leanne Baker Scholarship and Development Program.

• Procedures for the hybrid meeting, including voting and Q&A, were outlined for both in-person and virtual attendees.

Board and executive committee updates

• Eleven directors were nominated and elected to serve until the next annual meeting or until successors are appointed.

• The board was praised for its strong partnership with management and support for company success.

Corporate governance

• Ernst & Young LLP was reappointed as auditors until the next annual meeting, with remuneration to be set by the board.

• A non-binding advisory vote on executive compensation was held and approved.

• All motions, including director elections, auditor appointment, and executive compensation, passed successfully.

• Emphasis on disciplined capital investments, high sustainability standards, and a multi-decade investment horizon.

• Focus on operating in low-risk mining jurisdictions and maintaining regional business focus.