# EDGAR Filing Document

**Accession Number:** 0001964504
**File Stem:** 0001753926-26-000778
**Filing Date:** 2026-5
**Character Count:** 49770
**Document Hash:** 17f32b156985000a4d31bffecdc0280c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001753926-26-000778.hdr.sgml**: 20260506

**ACCESSION NUMBER**: 0001753926-26-000778

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 4

**CONFORMED PERIOD OF REPORT**: 20260506

**FILED AS OF DATE**: 20260506

**DATE AS OF CHANGE**: 20260506

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Aris Mining Corp
- **CENTRAL INDEX KEY:** 0001964504
- **STANDARD INDUSTRIAL CLASSIFICATION:** GOLD & SILVER ORES [1040]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A1
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41794
- **FILM NUMBER:** 26949644

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 2400-1021 WEST HASTINGS STREET
- **CITY:** VANCOUVER
- **PROVINCE COUNTRY:** A1
- **ZIP:** V6E 0C3
- **BUSINESS PHONE:** 604-764-5870

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 2400-1021 WEST HASTINGS STREET
- **CITY:** VANCOUVER
- **PROVINCE COUNTRY:** A1
- **ZIP:** V6E 0C3

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER<br> PURSUANT TO RULE 13a-16 OR 15d-16<br> UNDER THE SECURITIES EXCHANGE ACT OF 1934**

**For the month of May 2026**

**Commission File Number: 001-41794**

**Aris Mining Corporation**<br> (Translation of registrant's name into English)

**Suite 2400 - 1021 West Hastings St., Vancouver, BC, Canada V6E 0C3**

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

<br> Form 20-F ☐ Form 40-F ☒

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **ARIS MINING CORPORATION** | **ARIS MINING CORPORATION** |
| Date: May 6, 2026 | By: | *(s) Ashley Baker* |
|  |  | Ashley Baker |
|  |  | Chief Legal Officer |

---

---

| | |
|:---|:---|
| **EXHIBIT INDEX** |  |
| **Exhibit Number** | **Description** |
| 99.1 | [Press Release dated May 6, 2026](g085708_ex99-1.htm) |

---

## Exhibit 99.1

**Exhibit 99.1**

---

| | |
|:---|:---|
| ![](img001.jpg) | **NEWS RELEASE**<br>TSX & NYSE: ARIS<br> aris-mining.com |

---

**ARIS MINING REPORTS Q1 2026 RESULTS** 

***Record Revenue, Cash Flow, and Adjusted Earnings with All Four Assets Advancing***

**Vancouver, Canada, May 6, 2026** – Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS; NYSE: ARIS) announces its financial and operating results for the three months ended March 31, 2026 (Q1 2026). All amounts are in U.S. dollars unless otherwise indicated.

**Q1 2026 Financial Performance** 

● **Production of 74.3 thousand ounces (koz) of gold,** up 6% from Q4 2025.

● **Gold revenue of $364 million**, up 21% from Q4 2025.

● **Adjusted EBITDA<sup>1</sup> of $212 million,** up 26% from Q4 2025. On a trailing 12-month basis, Adjusted EBITDA<sup>1</sup> of $610 million.

● **Adjusted net earnings of $124 million or $0.60/share**, up from $0.46/share in Q4 2025.

● **Cash balance of $472 million as of March 31, 2026,** up $80 million from December 31, 2025.

● **Net debt reduced to near zero**.

Neil Woodyer, Chair and CEO, commented "Supported by record financial results and strong cash generation from our operations, we advanced all four of our assets in Q1 2026. At Segovia, the ongoing ramp-up contributed to a 5% increase in production compared with Q4 2025. At Marmato, construction of the new 5,000 tonnes per day (tpd) CIP plant remains on schedule for first gold in Q4 2026, and the April 2026 decline breakthrough into the cross-cut marked an important milestone, providing direct access to the plant.

At Toroparu, the prefeasibility study is progressing well, with updated mineral resource and reserve estimates advancing to support mine schedule optimizations, and a construction decision is expected in early 2027. At Soto Norte, the submission of the environmental license application is nearing completion, alongside active engagement with the Colombian regulators to support a collaborative approach to the submission and review process.

With our producing assets delivering strong results and our growth projects continuing to advance, Aris Mining is well positioned to achieve its longer-term objective of approximately 1 million ounces of annual gold production.<sup>2</sup> With the right assets in place, we remain focused on executing and delivering against our plans."

---

| | | | |
|:---|:---|:---|:---|
| | **Q1 2026** | **Q4 2025** | **Q1 2025** |
| Gold production (koz), total | **74.3** | 69.9 | 54.8 |
| Gold sold (koz), total | **74.8** | 71.7 | 54.3 |
| Segovia – AISC<sup>1</sup>, Owner Mining ($/oz sold) | **$1492** | $1662 | $1482 |
| Segovia – CMP<sup>3</sup> AISC<sup>1</sup> Sales Margin<sup>1</sup> | **40%** | 46% | 41% |
| EBITDA<sup>1</sup> (US$M) | **$182** | $120 | $40 |
| Adjusted EBITDA<sup>1</sup> (US$M) | **$212** | $168 | $67 |
| Adjusted EBITDA<sup>1</sup>, last 12 months (US$M) | **$610** | $464 | $201 |
| Net earnings<sup>4</sup> (US$M) | **$98 or $0.47/share** | $51 or $0.25/share | $2 or $0.01/share |
| Adjusted earnings<sup>4</sup> (US$M) | **$124 or $0.60/share** | $94 or $0.46/share | $27 or $0.16/share |
| Adjusted earnings<sup>4</sup>, last 12 months (US$M) | **$337 or $1.71/share** | $241 or $1.28/share | $78 or $0.46/share |

---

 **- 1 -** 

---

| | |
|:---|:---|
| ![](img001.jpg) | **NEWS RELEASE**<br>TSX & NYSE: ARIS<br> aris-mining.com |

---

**Q1 2026 Operational Performance**

● **Segovia produced 66.6 koz**, a 5% increase over Q4 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Production
 reflected the processing of 175.4 thousand tonnes (kt) at 12.41 g/t, compared to 201.1
 kt at 10.10 g/t in Q4 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o AISC
 margin increased 31% to $199 million from Q4 2025, supported in part by a 23% increase
 in average mill feed grade.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Owner-operated
 mining contributed 64% of the mill feed, while Contract Mining Partner (CMP) sourced
 mill feed contributed 36%, consistent with Q4 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Owner-operated
 mining AISC was $1,492/oz, compared to $1,662/oz in Q4 2025, outperforming the full-year
 2026 guidance range of $1,700 to $1,800/oz, primarily reflecting a 14% increase in owner-mining
 attributable ounces sold, driven in part by higher average grades.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o CMP-sourced
 gold delivered an AISC sales margin of 40%, achieving the top-end of the full-year 2026
 guidance range of 35% to 40%.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Combined
 AISC was $1,963/oz, up 4% from $1,891/oz in Q4 2025, reflecting the factors driving Owner-operated
 mining and CMP AISC described above.

**Figure 1: Combined AISC and Realized Gold Price Trends ($/oz) – Segovia**

![](img002.jpg)

● **Marmato produced 7.8 koz**, a 16% increase over Q4 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Production
 reflected the processing of 77.0 kt at 3.53 g/t, compared to 74.6 kt at 3.12 g/t in Q4
 2025.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o This
 increased production reflects the operating capacity of the existing flotation plant
 together with mill feed sourced primarily from ore development and stopes in the Bulk
 Mining Zone.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Throughput
 is expected to increase materially upon commissioning of the new Carbon-in-Pulp (CIP)
 plant later this year in the fourth quarter.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Aris
 Mining plans to exit 2026 operating the 5,000 tpd design capacity CIP plant at approximately
 3,000 tpd. Production is expected to increase through 2027, with throughput increasing
 to approximately 4,000 tpd by mid-2027 and reaching the full 5,000 tpd by the end of
 2027 when the paste backfill plant is fully commissioned.

 **- 2 -** 

---

| | |
|:---|:---|
| ![](img001.jpg) | **NEWS RELEASE**<br>TSX & NYSE: ARIS<br> aris-mining.com |

---

**Project Development Highlights** 

● **Strong operating cash flow fully funded growth and generated $42 million in net cash flow** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o In
 Q1 2026, operations generated $103 million in cash flow after sustaining capital and
 income taxes, fully funding the Company's growth and expansion initiatives. After
 expansion capital, Aris Mining generated net cash flow of $42 million. Refer to the cash-flow
 summary in the following sections and MD&A for additional analysis.

● **Marmato construction advancing on schedule** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o The
 new underground decline has now broken through into the cross-cut, marking an important
 milestone that provides direct access from the Bulk Mining Zone to the new 5,000 tpd
 CIP plant. This connection establishes an additional access and ventilation pathway,
 facilitates ore and waste haulage between existing and new infrastructure, and supports
 the initial ramp-up of mine production.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o The
 main civil, mechanical, and electrical works are advancing, with foundations for the
 mills, tailings thickener, and leach and CIP tanks completed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Construction
 of underground workshops, main pump station and field offices will begin in Q2 2026.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o First
 gold from the new CIP plant remains on schedule for Q4 2026.

● **Toroparu Project (100% owned, Guyana)** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Aris
 Mining initiated a Prefeasibility Study (PFS) last year, targeted for completion in H2
 2026, to support a construction decision in early 2027.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Work
 on updated mineral resource and reserve estimates is progressing well with mine scheduling
 and optimizations currently underway.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Alongside
 the PFS, Aris Mining is also conducting geotechnical drilling, metallurgical test work,
 mining operation trade-off studies and detailed engineering to enable construction readiness
 by early 2027.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Select
 pre-construction activities are continuing, including construction of the bridge at the
 Puruni River crossing, key personnel ramp up, camp expansion and ongoing road works.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o <u>Preliminary Economic Assessment (PEA)</u> completed
 in October 2025, outlining an attractive project with average annual gold production
 of 235 koz and an after-tax NPV<sub>5%</sub> of $1.8 billion, IRR of 25%, and 3.0-year
 payback at an assumed gold price of $3,000/oz.<sup>5</sup>

● **Soto Norte Project (100% owned, Colombia)** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o The
 studies required for submission of the environmental license application in support of
 the development of Soto Norte are nearing completion, supporting a targeted Q2 2026 submission.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o Aris
 Mining continues active engagement with the Colombian regulators to support a collaborative
 approach to the environmental license submission and review process.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o <u>PFS</u> completed
 in September 2025, demonstrating robust economics with average annual gold production
 (years 2 to 10) of 263 koz and an after-tax NPV<sub>5%</sub> of $2.7 billion, IRR of
 35%, and 2.3-year payback at an assumed gold price of $2,600/oz.<sup>6</sup> Strong leverage
 to higher gold prices, at $3,000/oz the NPV<sub>5%</sub> increases to $3.3 billion with
 an IRR of 40%.

 **- 3 -** 

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| | |
|:---|:---|
| ![](img001.jpg) | **NEWS RELEASE**<br>TSX & NYSE: ARIS<br> aris-mining.com |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o The
 PFS incorporates industry-leading environmental and social design features, including
 a metallurgical process free of cyanide and mercury and the integration of local community
 miners – 750 tpd (over 20% of Soto Norte's 3,500 tpd processing capacity)
 has been dedicated to local contract mining partners.

**Q1 2026 Conference Call Details** 

Management will host a conference call on Thursday, May 7, 2026, at 6:00 am PT / 9:00 am ET / 2:00 pm GMT to discuss the results.

Participants may gain expedited access to the conference call by registering at <u>Diamond Pass Registration</u>. Once registered, call-in details will be displayed on screen which can be used to bypass the operator and avoid the call queue. Registration will remain open until the end of the live conference call.

**Webcast** 

● Link: <u>Webcast \| Q1 2026 Conference Call</u> 

**Conference Call**

● Toll-free North America: +1-833-821-0197

● International: +1-647-846-2328

**Audio Recording**

● After the call, an audio recording will be available via telephone until end of day May 14, 2026

● Toll-free in the US and Canada: +1-855-669-9658

● International: +1-412-317-0088; and using the access code: 7133252

A replay of the event will be archived at <u>Events & Presentations - Aris Mining Corporation</u>.

Aris Mining's Condensed Consolidated Interim Financial Statements for the three months ended March 31, 2026 and related MD&A are available on SEDAR+, in the Company's filings with the U.S. Securities and Exchange Commission (the SEC) and in the Financials section of Aris Mining's website <u>here</u>. Hard copies of the financial statements are available free of charge upon written request to <u>info@aris-mining.com</u>.

**About Aris Mining**

Aris Mining is a Canadian gold mining company focused on South America. The Company operates the Segovia and Marmato underground gold mines in Colombia, which together produced approximately 257,000 ounces of gold in 2025. Aris Mining is listed on the TSX and NYSE under the symbol ARIS.

The Company is advancing expansion projects at Segovia and Marmato that are expected to increase annual gold production to approximately 500,000 ounces <sup>7</sup>, driven by the ramp-up at Segovia following the installation of the second mill, which was completed in June 2025, and construction of the new Marmato bulk mine and CIP plant, with first gold expected in Q4 2026.

Aris Mining's portfolio supports a longer-term objective of approximately 1 million ounces of annual gold production<sup>2</sup>. Key projects include the high-grade Soto Norte gold project in Colombia, where environmental studies are being finalized for submission in Q2 2026 to initiate the licensing process, and the Toroparu gold project in Guyana, where a Prefeasibility Study is in progress to support a construction decision expected in early 2027.

 **- 4 -** 

---

| | |
|:---|:---|
| ![](img001.jpg) | **NEWS RELEASE**<br>TSX & NYSE: ARIS<br> aris-mining.com |

---

Additional information on Aris Mining can be found at <u>www.aris-mining.com</u>, <u>www.sedarplus.ca</u>, and on <u>www.sec.gov</u>.

**Aris Mining Contact**

---

| | |
|:---|:---|
| **Oliver Dachsel** | **Lillian Chow** |
| Senior Vice President, Capital Markets | Director, Investor Relations & Communications |
| +1.917.847.0063 | <u>info@aris-mining.com</u> |

---

**Endnotes** 

1. All references to adjusted earnings, EBITDA, adjusted EBITDA, growth capital investment, cash flow after sustaining capital and income taxes, cash costs ($ per oz) and AISC ($ per oz) are non-GAAP financial measures in this document. These measures are intended to provide additional information to investors. They do not have any standardized meanings under IFRS, and therefore may not be comparable to other issuers and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. Refer to the Non-GAAP Measures section in this document for a reconciliation of these measures to the most directly comparable financial measure disclosed in the Company's financial statements.

2. Includes potential production estimates from Toroparu, which is based on a preliminary economic assessment effective October 21, 2025, which contemplates a 7.0 Mtpa operation over a 21.3-year mine life with average annual gold production of approximately 235 koz at a base case gold price of US$3,000/oz. The preliminary economic assessment is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability. There can be no assurance that the projected production will be achieved. In the case of Soto Norte and Toroparu, such production also remains subject to obtaining all necessary permits and to formal construction decisions by the Company.

3. Aris Mining operates its own mines and contracts with community-based mining partners, referred to as Contract Mining Partners or CMPs, to increase total gold production. Some partners work within Aris Mining's infrastructure, while others manage their own mining operations on Aris Mining's titles using their own infrastructure. In addition, Aris Mining purchases high grade mill feed from third-party contractors operating off-title, which further optimizes production and increases operating margins.

4. Net earnings represents net earnings attributable to owners of the company, as presented in the annual and interim financial statements for the relevant period.

5. See technical report dated October 28, 2025 and entitled "NI 43-101 Technical Report Preliminary Economic Assessment for the Toroparu Project Cuyuni-Mazaruni Region, Guyana". Note that this PEA is preliminary in nature. It includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary economic assessment will be realized. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

6. See technical report dated September 3, 2025 and entitled "NI 43-101 Technical Report Prefeasibility Study for the Soto Norte Project, Santander, Colombia."

7. Reflects expected steady-state annual gold production run-rates of approximately 300 koz at Segovia and 200 koz at Marmato following completion and ramp-up of the respective expansion projects. For more information, please refer to the Company's news releases dated June 30, 2025 regarding the Segovia expansion and March 12, 2025 regarding the Marmato expansion.

 **- 5 -** 

---

| | |
|:---|:---|
| ![](img001.jpg) | **NEWS RELEASE**<br>TSX & NYSE: ARIS<br> aris-mining.com |

---

**Non-GAAP Measures**

**Cash costs & all-in sustaining cost per ounce** 

---

| | | | |
|:---|:---|:---|:---|
| | &nbsp;&nbsp;**For the three months ended,** | &nbsp;&nbsp;**For the three months ended,** | &nbsp;&nbsp;**For the three months ended,** |
| <br>&nbsp;&nbsp;**Segovia** | &nbsp;&nbsp;**Mar 31, 2026** | &nbsp;&nbsp;**Dec 31, 2025** | &nbsp;&nbsp;**Mar 31, 2025** |
| &nbsp;&nbsp;Total gold sold (ounces) | &nbsp;&nbsp; **67709** | &nbsp;&nbsp; 64456 | &nbsp;&nbsp; 47390 |
| &nbsp;&nbsp;Cost of sales<sup>1</sup> | &nbsp;&nbsp; **116108** | &nbsp;&nbsp; 103043 | &nbsp;&nbsp; 67091 |
| &nbsp;&nbsp;Less: materials and supplies inventory provision<sup>1</sup> | &nbsp;&nbsp;— | &nbsp;&nbsp;(1174) | &nbsp;&nbsp;— |
| &nbsp;&nbsp;Less: royalties<sup>1</sup> | &nbsp;&nbsp; **(11139)** | &nbsp;&nbsp; (8598) | &nbsp;&nbsp; (4519) |
| &nbsp;&nbsp;Add: by-product revenue<sup>1</sup> | &nbsp;&nbsp; **(7449)** | &nbsp;&nbsp; (5828) | &nbsp;&nbsp; (3073) |
| &nbsp;&nbsp;**Total cash costs** | &nbsp;&nbsp; **97520** | &nbsp;&nbsp; 87443 | &nbsp;&nbsp; 59499 |
| &nbsp;&nbsp;Add: royalties<sup>1</sup> | &nbsp;&nbsp; **11139** | &nbsp;&nbsp; 8598 | &nbsp;&nbsp; 4519 |
| &nbsp;&nbsp;Add: social contributions<sup>1</sup> | &nbsp;&nbsp; **12358** | &nbsp;&nbsp; 9168 | &nbsp;&nbsp; 4061 |
| &nbsp;&nbsp;Add: sustaining capital expenditures and lease payments | &nbsp;&nbsp; **11917** | &nbsp;&nbsp;16654 | &nbsp;&nbsp;6336 |
| &nbsp;&nbsp;**Total AISC** | &nbsp;&nbsp; **132934** | &nbsp;&nbsp; 121863 | &nbsp;&nbsp; 74415 |
| &nbsp;&nbsp;*AISC per ounce sold* | &nbsp;&nbsp; ***$1963*** | &nbsp;&nbsp;*$1891* | &nbsp;&nbsp;*$1570* |
| &nbsp;&nbsp;**Marmato** |  |  |  |
| &nbsp;&nbsp;Total gold sold (ounces) | &nbsp;&nbsp; **7134** | &nbsp;&nbsp; 7261 | &nbsp;&nbsp; 6891 |
| &nbsp;&nbsp;Cost of sales<sup>1</sup> | &nbsp;&nbsp; **23096** | &nbsp;&nbsp;21322 | &nbsp;&nbsp;15384 |
| &nbsp;&nbsp;Less: materials and supplies inventory provision<sup>1</sup> | &nbsp;&nbsp;— | &nbsp;&nbsp; (254) | &nbsp;&nbsp; — |
| &nbsp;&nbsp;Less: royalties<sup>1</sup> | &nbsp;&nbsp; **(3332)** | &nbsp;&nbsp;(2223) | &nbsp;&nbsp;(1840) |
| &nbsp;&nbsp;Add: by-product revenue<sup>1</sup> | &nbsp;&nbsp; **(306)** | &nbsp;&nbsp;(1493) | &nbsp;&nbsp; (313) |
| &nbsp;&nbsp;**Total cash costs** | &nbsp;&nbsp; **19458** | &nbsp;&nbsp;17352 | &nbsp;&nbsp;13231 |
| &nbsp;&nbsp;Add: royalties<sup>1</sup> | &nbsp;&nbsp; **3332** | &nbsp;&nbsp; 2223 | &nbsp;&nbsp; 1840 |
| &nbsp;&nbsp;Add: social contributions<sup>1</sup> | &nbsp;&nbsp; **940** | &nbsp;&nbsp; 158 | &nbsp;&nbsp; 273 |
| &nbsp;&nbsp;Add: sustaining capital expenditures | &nbsp;&nbsp; **1481** | &nbsp;&nbsp;2192 | &nbsp;&nbsp;733 |
| &nbsp;&nbsp;**Total AISC** | &nbsp;&nbsp; **25211** | &nbsp;&nbsp;21925 | &nbsp;&nbsp;16077 |
| &nbsp;&nbsp;**Consolidated** |  |  |  |
| &nbsp;&nbsp;Total gold sold (ounces) | &nbsp;&nbsp; **74843** | &nbsp;&nbsp;71717 | &nbsp;&nbsp;54281 |
| &nbsp;&nbsp;Cost of sales<sup>1</sup> | &nbsp;&nbsp; **139204** | &nbsp;&nbsp;124365 | &nbsp;&nbsp;82475 |
| &nbsp;&nbsp;Less: materials and supplies inventory provision<sup>1</sup> | &nbsp;&nbsp; **—** | &nbsp;&nbsp;(1428) | &nbsp;&nbsp; — |
| &nbsp;&nbsp;Less: royalties<sup>1</sup> | &nbsp;&nbsp; **(14471)** | &nbsp;&nbsp;(10821) | &nbsp;&nbsp;(6359) |
| &nbsp;&nbsp;Add: by-product revenue<sup>1</sup> | &nbsp;&nbsp; **(7755)** | &nbsp;&nbsp;(7321) | &nbsp;&nbsp;(3386) |
| &nbsp;&nbsp;**Total cash costs** | &nbsp;&nbsp; **116978** | &nbsp;&nbsp;104795 | &nbsp;&nbsp;72730 |
| &nbsp;&nbsp;Add: royalties<sup>1</sup> | &nbsp;&nbsp; **14471** | &nbsp;&nbsp;10821 | &nbsp;&nbsp; 6359 |
| &nbsp;&nbsp;Add: social contributions<sup>1</sup> | &nbsp;&nbsp; **13298** | &nbsp;&nbsp; 9326 | &nbsp;&nbsp; 4334 |
| &nbsp;&nbsp;Add: sustaining capital expenditures and lease payments | &nbsp;&nbsp; **13398** | &nbsp;&nbsp;18846 | &nbsp;&nbsp;7069 |
| &nbsp;&nbsp;**Total AISC** | &nbsp;&nbsp; **158145** | &nbsp;&nbsp;143788 | &nbsp;&nbsp;90492 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. As
 presented in the financial statements and notes thereto for the respective periods

 **- 6 -** 

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| | |
|:---|:---|
| ![](img001.jpg) | **NEWS RELEASE**<br>TSX & NYSE: ARIS<br> aris-mining.com |

---

**All-in sustaining cost per ounce – business units (Segovia)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;**For the three months ended,** | &nbsp;&nbsp;**For the three months ended,** | &nbsp;&nbsp;**For the three months ended,** | &nbsp;&nbsp;**For the three months ended,** | &nbsp;&nbsp;**For the three months ended,** |
| <br>&nbsp;&nbsp;**Segovia - Owner Mining** | &nbsp;&nbsp;**Mar 31, 2026** | &nbsp;&nbsp;**Dec 31, 2025** | &nbsp;&nbsp;**Sep 30, 2025** | &nbsp;&nbsp;**Jun 30, 2025** | &nbsp;&nbsp;**Mar 31, 2025** |
| &nbsp;&nbsp;Total gold sold (ounces) | &nbsp;&nbsp; **45789** | &nbsp;&nbsp;40260 | &nbsp;&nbsp; 40984 | &nbsp;&nbsp; 32685 | &nbsp;&nbsp; 26963 |
| &nbsp;&nbsp;Cost of sales<sup>1</sup> | &nbsp;&nbsp; **54858** | &nbsp;&nbsp;52773 | &nbsp;&nbsp; 48502 | &nbsp;&nbsp; 39532 | &nbsp;&nbsp; 34799 |
| &nbsp;&nbsp;Less: inventory provision | &nbsp;&nbsp;— | &nbsp;&nbsp;(895) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp;Less: royalties<sup>1</sup> | &nbsp;&nbsp;**(7805)** | &nbsp;&nbsp;(5689) | &nbsp;&nbsp; (5000) | &nbsp;&nbsp; (3605) | &nbsp;&nbsp;(2783) |
| &nbsp;&nbsp;Add: by-product revenue<sup>1</sup> | &nbsp;&nbsp; **(5037)** | &nbsp;&nbsp;(3610) | &nbsp;&nbsp; (2566) | &nbsp;&nbsp; (1714) | &nbsp;&nbsp;(1748) |
| &nbsp;&nbsp;**Total cash costs** | &nbsp;&nbsp; **42015** | &nbsp;&nbsp;42578 | &nbsp;&nbsp; 40936 | &nbsp;&nbsp; 34213 | &nbsp;&nbsp; 30268 |
| &nbsp;&nbsp;Add: royalties<sup>1</sup> | &nbsp;&nbsp; **7805** | &nbsp;&nbsp;5689 | &nbsp;&nbsp; 5000 | &nbsp;&nbsp; 3605 | &nbsp;&nbsp; 2783 |
| &nbsp;&nbsp;Add: social contributions<sup>1</sup> | &nbsp;&nbsp;**8660** | &nbsp;&nbsp;6058 | &nbsp;&nbsp; 5155 | &nbsp;&nbsp;3366 | &nbsp;&nbsp; 2501 |
| &nbsp;&nbsp;Add: sustaining capital and lease payments | &nbsp;&nbsp; **9835** | &nbsp;&nbsp;12601 | &nbsp;&nbsp;8430 | &nbsp;&nbsp; 8511 | &nbsp;&nbsp;4397 |
| &nbsp;&nbsp;**Total AISC** | &nbsp;&nbsp; **68315** | &nbsp;&nbsp;66926 | &nbsp;&nbsp; 59521 | &nbsp;&nbsp; 49695 | &nbsp;&nbsp; 39949 |
| &nbsp;&nbsp;*AISC ($/oz sold)* | &nbsp;&nbsp;***$1492*** | &nbsp;&nbsp;*$1662* | &nbsp;&nbsp;*$1452* | &nbsp;&nbsp; *$1520* | &nbsp;&nbsp;*$1482* |

---

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Segovia - CMPs** |  |  |  |  |  |
| &nbsp;&nbsp;Total gold sold (ounces) | &nbsp;&nbsp; **21920** | &nbsp;&nbsp;24196 | &nbsp;&nbsp; 24596 | &nbsp;&nbsp; 21066 | &nbsp;&nbsp; 20427 |
| &nbsp;&nbsp;Cost of sales<sup>1</sup> | &nbsp;&nbsp; **61250** | &nbsp;&nbsp;50271 | &nbsp;&nbsp; 44747 | &nbsp;&nbsp; 37187 | &nbsp;&nbsp; 32292 |
| &nbsp;&nbsp;Less: inventory provision | &nbsp;&nbsp;— | &nbsp;&nbsp;(279) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp;Less: royalties<sup>1</sup> | &nbsp;&nbsp; **(3334)** | &nbsp;&nbsp;(2909) | &nbsp;&nbsp; (2532) | &nbsp;&nbsp; (1934) | &nbsp;&nbsp; (1736) |
| &nbsp;&nbsp;Add: by-product revenue<sup>1</sup> | &nbsp;&nbsp; **(2412)** | &nbsp;&nbsp;(2218) | &nbsp;&nbsp; (1550) | &nbsp;&nbsp; (1084) | &nbsp;&nbsp; (1325) |
| &nbsp;&nbsp;**Total cash costs** | &nbsp;&nbsp; **55505** | &nbsp;&nbsp;44865 | &nbsp;&nbsp; 40665 | &nbsp;&nbsp; 34169 | &nbsp;&nbsp; 29231 |
| &nbsp;&nbsp;Add: royalties<sup>1</sup> | &nbsp;&nbsp; **3334** | &nbsp;&nbsp;2909 | &nbsp;&nbsp; 2532 | &nbsp;&nbsp; 1934 | &nbsp;&nbsp; 1736 |
| &nbsp;&nbsp;Add: social contributions<sup>1</sup> | &nbsp;&nbsp; **3698** | &nbsp;&nbsp;3110 | &nbsp;&nbsp; 2632 | &nbsp;&nbsp; 1811 | &nbsp;&nbsp; 1560 |
| &nbsp;&nbsp;Add: sustaining capital and lease payments | &nbsp;&nbsp; **2082** | &nbsp;&nbsp; 4053 | &nbsp;&nbsp; 2256 | &nbsp;&nbsp; 2773 | &nbsp;&nbsp; 1939 |
| &nbsp;&nbsp;**Total AISC** | &nbsp;&nbsp; **64619** | &nbsp;&nbsp;54937 | &nbsp;&nbsp; 48085 | &nbsp;&nbsp; 40687 | &nbsp;&nbsp; 34466 |
| &nbsp;&nbsp;*AISC ($/oz sold)* | &nbsp;&nbsp;***$2948*** | &nbsp;&nbsp;*$2270* | &nbsp;&nbsp;*$1955* | &nbsp;&nbsp;*$1931* | &nbsp;&nbsp;*$1687* |
| &nbsp;&nbsp;**Segovia - Combined** |  |  |  |  |  |
| &nbsp;&nbsp;Total gold produced (ounces) | &nbsp;&nbsp; **66567** | &nbsp;&nbsp;63137 | &nbsp;&nbsp;65549 | &nbsp;&nbsp;51527 | &nbsp;&nbsp;47549 |
| &nbsp;&nbsp;Total gold sold (ounces) | &nbsp;&nbsp; **67709** | &nbsp;&nbsp;64456 | &nbsp;&nbsp; 65580 | &nbsp;&nbsp; 53751 | &nbsp;&nbsp;47390 |
| &nbsp;&nbsp;Gold revenue | &nbsp;&nbsp; **331611** | &nbsp;&nbsp;273127 | &nbsp;&nbsp;229116 | &nbsp;&nbsp;177551 | &nbsp;&nbsp;135310 |
| &nbsp;&nbsp;*Avg realized gold price ($/oz sold)* | &nbsp;&nbsp; ***$4898*** | &nbsp;&nbsp;*$4237* | &nbsp;&nbsp;*$3494* | &nbsp;&nbsp;*$3303* | &nbsp;&nbsp;*$2855* |
| &nbsp;&nbsp;Cost of sales<sup>1</sup> | &nbsp;&nbsp;**116108** | &nbsp;&nbsp;103043 | &nbsp;&nbsp; 93249 | &nbsp;&nbsp; 76719 | &nbsp;&nbsp;67091 |
| &nbsp;&nbsp;Less: inventory provision | &nbsp;&nbsp;— | &nbsp;&nbsp;(1174) | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp;Less: royalties<sup>1</sup> | &nbsp;&nbsp; **(11139)** | &nbsp;&nbsp;(8598) | &nbsp;&nbsp; (7532) | &nbsp;&nbsp; (5539) | &nbsp;&nbsp;(4519) |
| &nbsp;&nbsp;Add: by-product revenue<sup>1</sup> | &nbsp;&nbsp; **(7449)** | &nbsp;&nbsp;(5828) | &nbsp;&nbsp; (4116) | &nbsp;&nbsp; (2798) | &nbsp;&nbsp;(3073) |
| &nbsp;&nbsp;**Combined cash costs** | &nbsp;&nbsp; **97520** | &nbsp;&nbsp;87443 | &nbsp;&nbsp; 81601 | &nbsp;&nbsp; 68382 | &nbsp;&nbsp;59499 |
| &nbsp;&nbsp;Add: royalties<sup>1</sup> | &nbsp;&nbsp; **11139** | &nbsp;&nbsp;8598 | &nbsp;&nbsp; 7532 | &nbsp;&nbsp; 5539 | &nbsp;&nbsp; 4519 |
| &nbsp;&nbsp;Add: social contributions<sup>1</sup> | &nbsp;&nbsp; **12358** | &nbsp;&nbsp;9168 | &nbsp;&nbsp; 7787 | &nbsp;&nbsp; 5177 | &nbsp;&nbsp; 4061 |
| &nbsp;&nbsp;Add: sustaining capital and lease payments | &nbsp;&nbsp; **11917** | &nbsp;&nbsp;16654 | &nbsp;&nbsp;10686 | &nbsp;&nbsp;11284 | &nbsp;&nbsp;6336 |
| &nbsp;&nbsp;**Combined AISC** | &nbsp;&nbsp; **132934** | &nbsp;&nbsp;121863 | &nbsp;&nbsp; 107606 | &nbsp;&nbsp; 90382 | &nbsp;&nbsp;74415 |
| &nbsp;&nbsp;*AISC ($/oz sold)* | &nbsp;&nbsp;***$1963*** | &nbsp;&nbsp;*$1891* | &nbsp;&nbsp;*$1641* | &nbsp;&nbsp;*$1681* | &nbsp;&nbsp;*$1570* |
| &nbsp;&nbsp;**AISC Margin** | &nbsp;&nbsp;**198677** | &nbsp;&nbsp;151264 | &nbsp;&nbsp;121510 | &nbsp;&nbsp;87169 | &nbsp;&nbsp;60895 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. As presented in the financial statements and notes thereto for the respective periods

 **- 7 -** 

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| | |
|:---|:---|
| ![](img001.jpg) | **NEWS RELEASE**<br>TSX & NYSE: ARIS<br> aris-mining.com |

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**Operating free cash flow and free cash flow after growth and expansion capital**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**($'000)** | &nbsp;&nbsp;**Mar 31, 2026** | &nbsp;&nbsp;**Dec 31, 2025** | &nbsp;&nbsp;**Mar 31, 2025** |
| &nbsp;&nbsp;**Operating cash flows before taxes** **<sup>1</sup>** | &nbsp;&nbsp;**184981** | &nbsp;&nbsp;160462 | &nbsp;&nbsp; 51882 |
| &nbsp;&nbsp;Adjusting Items: |  |  |  |
| &nbsp;&nbsp;Precious metal stream deposit settled (received) **<sup>1</sup>** | &nbsp;&nbsp;**(40016)** | &nbsp;&nbsp; 10000 | &nbsp;&nbsp; — |
| &nbsp;&nbsp;Finance income**<sup>1</sup>** | &nbsp;&nbsp;**(3383)** | &nbsp;&nbsp; (4353) | &nbsp;&nbsp; (2336) |
| &nbsp;&nbsp;Impact of FX on cash and cash equivalents**<sup>1</sup>** | &nbsp;&nbsp;**814** | &nbsp;&nbsp; (545) | &nbsp;&nbsp; 768 |
| &nbsp;&nbsp;**Adjusted operating cash flows before taxes** | &nbsp;&nbsp;**142396** | &nbsp;&nbsp;165564 | &nbsp;&nbsp; 50314 |
| &nbsp;&nbsp;Less: Income taxes paid**<sup>1</sup>** | &nbsp;&nbsp;**(26171)** | &nbsp;&nbsp; (21686) | &nbsp;&nbsp; (5121) |
| &nbsp;&nbsp;**Adjusted net cash provided by operating activities** | &nbsp;&nbsp;**116225** | &nbsp;&nbsp; 143878 | &nbsp;&nbsp; 45193 |
| &nbsp;&nbsp;Less: Sustaining capital | &nbsp;&nbsp;**(12837)** | &nbsp;&nbsp; (18389) | &nbsp;&nbsp; (6589) |
| &nbsp;&nbsp;Less: Sustaining lease payments | &nbsp;&nbsp;**(561)** | &nbsp;&nbsp; (457) | &nbsp;&nbsp; (480) |
| &nbsp;&nbsp;**Cash flow from operations after sustaining capital and income taxes** | &nbsp;&nbsp;**102827** | &nbsp;&nbsp; 125032 | &nbsp;&nbsp; 38124 |
| &nbsp;&nbsp;Less: Growth and expansion capital | &nbsp;&nbsp;**(61251)** | &nbsp;&nbsp; (67735) | &nbsp;&nbsp; (43010) |
| &nbsp;&nbsp;**Free cash flow after growth and expansion capital** | &nbsp;&nbsp;**41576** | &nbsp;&nbsp; 57297 | &nbsp;&nbsp; (4886) |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. As presented in the financial statements and notes thereto for the respective periods.

**Additions to mineral interests, plant and equipment**

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**($'000)** | &nbsp;&nbsp;**Mar 31, 2026** | &nbsp;&nbsp;**Dec 31, 2025** | &nbsp;&nbsp;**Mar 31, 2025** |
| &nbsp;&nbsp;**Sustaining capital** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Segovia | &nbsp;&nbsp;**11356** | &nbsp;&nbsp;16197 | &nbsp;&nbsp;5856 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marmato | &nbsp;&nbsp;**1481** | &nbsp;&nbsp;2192 | &nbsp;&nbsp;733 |
| &nbsp;&nbsp;**Total Sustaining Capital** | &nbsp;&nbsp;**12837** | &nbsp;&nbsp;18389 | &nbsp;&nbsp;6589 |
| &nbsp;&nbsp;**Non-sustaining capital** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Marmato | &nbsp;&nbsp;**47031** | &nbsp;&nbsp;43562 | &nbsp;&nbsp;29661 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Segovia | &nbsp;&nbsp;**5454** | &nbsp;&nbsp;16161 | &nbsp;&nbsp;6368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Soto Norte Project and other | &nbsp;&nbsp;**3445** | &nbsp;&nbsp;4885 | &nbsp;&nbsp;4570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toroparu Project | &nbsp;&nbsp;**5321** | &nbsp;&nbsp;3127 | &nbsp;&nbsp;2411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total (Growth Capital Investment)** | &nbsp;&nbsp;**61251** | &nbsp;&nbsp;67735 | &nbsp;&nbsp;43010 |
| &nbsp;&nbsp;**Additions to mining interest, plant and equipment<sup>1</sup>** | &nbsp;&nbsp;**74088** | &nbsp;&nbsp;86124 | &nbsp;&nbsp;49599 |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. As presented in the financial statements and notes thereto for the respective periods.

 **- 8 -** 

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| | |
|:---|:---|
| ![](img001.jpg) | **NEWS RELEASE**<br>TSX & NYSE: ARIS<br> aris-mining.com |

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**Earnings before interest, taxes, depreciation, and amortization (EBITDA) and adjusted EBITDA**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **($000s)** | &nbsp;&nbsp;**Mar 31, 2026** | &nbsp;&nbsp;**Dec 31, 2025** | &nbsp;&nbsp;**Sep 30, 2025** | &nbsp;&nbsp;**Jun 30, 2025** |
| &nbsp;&nbsp;**Earnings (loss) before tax<sup>1</sup>** | &nbsp;&nbsp;**161672** | &nbsp;&nbsp;**97519** | &nbsp;&nbsp;**76094** | &nbsp;&nbsp;**12258** |
| &nbsp;&nbsp;Add back: |  |  |  |  |
| &nbsp;&nbsp; Depreciation and depletion<sup>1</sup> | &nbsp;&nbsp; 16246 | &nbsp;&nbsp;16809 | &nbsp;&nbsp;13459 | &nbsp;&nbsp;11929 |
| &nbsp;&nbsp; Finance income<sup>1</sup> | &nbsp;&nbsp; (3383) | &nbsp;&nbsp;(4353) | &nbsp;&nbsp;(2437) | &nbsp;&nbsp;(3474) |
| &nbsp;&nbsp; Interest and accretion<sup>1</sup> | &nbsp;&nbsp;7408 | &nbsp;&nbsp;10431 | &nbsp;&nbsp;9390 | &nbsp;&nbsp;10833 |
| &nbsp;&nbsp;**EBITDA** | &nbsp;&nbsp; **181943** | &nbsp;&nbsp;**120406** | &nbsp;&nbsp;**96506** | &nbsp;&nbsp;**31546** |
| &nbsp;&nbsp;Add back: |  |  |  |  |
| &nbsp;&nbsp; Share-based compensation<sup>1</sup> | &nbsp;&nbsp;7602 | &nbsp;&nbsp;20663 | &nbsp;&nbsp;9497 | &nbsp;&nbsp;8136 |
| &nbsp;&nbsp; (Income) loss from equity accounting in investee<sup>1</sup> | &nbsp;&nbsp;— | &nbsp;&nbsp;(14) | &nbsp;&nbsp;— | &nbsp;&nbsp;— |
| &nbsp;&nbsp; (Gain) loss on financial instruments<sup>1</sup> | &nbsp;&nbsp;1762 | &nbsp;&nbsp;3058 | &nbsp;&nbsp;6385 | &nbsp;&nbsp;50737 |
| &nbsp;&nbsp; Loss on disposal of mining interest and PPE<sup>1</sup> | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;3200 | &nbsp;&nbsp;— |
| &nbsp;&nbsp; Loss on settlement of deferred revenue<sup>1</sup> | &nbsp;&nbsp;— | &nbsp;&nbsp;4990 | &nbsp;&nbsp;— | &nbsp;&nbsp;— |
| &nbsp;&nbsp; Other (income) expense<sup>1</sup> | &nbsp;&nbsp;9177 | &nbsp;&nbsp;6447 | &nbsp;&nbsp;1961 | &nbsp;&nbsp;1090 |
| &nbsp;&nbsp; Foreign exchange (gain) loss<sup>1</sup> | &nbsp;&nbsp;11590 | &nbsp;&nbsp;12446 | &nbsp;&nbsp;13520 | &nbsp;&nbsp;7224 |
| &nbsp;&nbsp;**Adjusted EBITDA** | &nbsp;&nbsp;**212074** | &nbsp;&nbsp;**167996** | &nbsp;&nbsp;**131069** | &nbsp;&nbsp;**98733** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. As presented in the financial statements and notes thereto for the respective periods

---

| | | | | |
|:---|:---|:---|:---|:---|
| **($000s)** | &nbsp;&nbsp;**Mar 31, 2025** | &nbsp;&nbsp;**Dec 31, 2024** | &nbsp;&nbsp;**Sep 30, 2024** | &nbsp;&nbsp;**Jun 30, 2024** |
| **Earnings (loss) before tax<sup>1</sup>** | &nbsp;&nbsp;**21220** | &nbsp;&nbsp;**37513** | &nbsp;&nbsp;**13603** | &nbsp;&nbsp;**17904** |
| Add back: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Depreciation and depletion<sup>1</sup> | &nbsp;&nbsp;10734 | &nbsp;&nbsp;9530 | &nbsp;&nbsp;9019 | &nbsp;&nbsp;8082 |
| &nbsp;&nbsp;&nbsp;&nbsp;Finance income<sup>1</sup> | &nbsp;&nbsp;(2336) | &nbsp;&nbsp;(1606) | &nbsp;&nbsp;(1351) | &nbsp;&nbsp;(1691) |
| &nbsp;&nbsp;&nbsp;&nbsp;Interest and accretion<sup>1</sup> | &nbsp;&nbsp;10037 | &nbsp;&nbsp;21165 | &nbsp;&nbsp;6493 | &nbsp;&nbsp;6496 |
| **EBITDA** | &nbsp;&nbsp;**39655** | &nbsp;&nbsp;**66602** | &nbsp;&nbsp;**27764** | &nbsp;&nbsp;**30791** |
| Add back: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Share-based compensation<sup>1</sup> | &nbsp;&nbsp;3784 | &nbsp;&nbsp;(483) | &nbsp;&nbsp;2533 | &nbsp;&nbsp;1373 |
| &nbsp;&nbsp;&nbsp;&nbsp;(Income) loss from equity accounting in investee<sup>1</sup> | &nbsp;&nbsp;14 | &nbsp;&nbsp;14 | &nbsp;&nbsp;17 | &nbsp;&nbsp;2301 |
| &nbsp;&nbsp;&nbsp;&nbsp;(Gain) loss on financial instruments<sup>1</sup> | &nbsp;&nbsp;16628 | &nbsp;&nbsp;(6561) | &nbsp;&nbsp;12842 | &nbsp;&nbsp;6144 |
| &nbsp;&nbsp; Other (income) expense<sup>1</sup> | &nbsp;&nbsp; 535 | &nbsp;&nbsp;1116 | &nbsp;&nbsp;(428) | &nbsp;&nbsp;2681 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign exchange (gain) loss<sup>1</sup> | &nbsp;&nbsp; 5997 | &nbsp;&nbsp;(5113) | &nbsp;&nbsp;311 | &nbsp;&nbsp;(7211) |
| **Adjusted EBITDA** | &nbsp;&nbsp;**66613** | &nbsp;&nbsp;**55575** | &nbsp;&nbsp;**43039** | &nbsp;&nbsp;**36079** |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. As presented in the financial statements and notes thereto for the respective periods.

 **- 9 -** 

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| | |
|:---|:---|
| ![](img001.jpg) | **NEWS RELEASE**<br>TSX & NYSE: ARIS<br> aris-mining.com |

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**Adjusted net earnings and adjusted net earnings per share**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **($000s except shares amount)** | &nbsp;&nbsp;**Mar 31, 2026** | &nbsp;&nbsp;**Dec 31, 2025** | &nbsp;&nbsp;**Sep 30, 2025** | &nbsp;&nbsp;**Jun 30, 2025** |
| Basic weighted average shares outstanding<sup>1</sup> | &nbsp;&nbsp;**205967201** | &nbsp;&nbsp;**203245172** | &nbsp;&nbsp;**199171052** | &nbsp;&nbsp;**179836208** |
| Net earnings (loss)<sup>1</sup> | &nbsp;&nbsp; 97614 | &nbsp;&nbsp;50863 | &nbsp;&nbsp;42011 | &nbsp;&nbsp;(16897) |
| &nbsp;&nbsp;Add back: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Share-based compensation<sup>1</sup> | &nbsp;&nbsp;7602 | &nbsp;&nbsp;20663 | &nbsp;&nbsp;9497 | &nbsp;&nbsp;8136 |
| &nbsp;&nbsp;&nbsp;&nbsp;(Income) loss from equity accounting in investee<sup>1</sup> | &nbsp;&nbsp;— | &nbsp;&nbsp;(14) | &nbsp;&nbsp;— | &nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;(Gain) loss on financial instruments<sup>1</sup> | &nbsp;&nbsp;1762 | &nbsp;&nbsp;3058 | &nbsp;&nbsp;6385 | &nbsp;&nbsp;50737 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loss on disposal of mining interest and PPE<sup>1</sup> | &nbsp;&nbsp;— | &nbsp;&nbsp;— | &nbsp;&nbsp;3200 | &nbsp;&nbsp;— |
| &nbsp;&nbsp; Loss on settlement of deferred revenue<sup>1</sup> | &nbsp;&nbsp;— | &nbsp;&nbsp;4990 | &nbsp;&nbsp;— | &nbsp;&nbsp;— |
| &nbsp;&nbsp; Other (income) expense<sup>1</sup> | &nbsp;&nbsp; 9177 | &nbsp;&nbsp;6447 | &nbsp;&nbsp;1961 | &nbsp;&nbsp;1090 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign exchange (gain) loss<sup>1</sup> | &nbsp;&nbsp; 11590 | &nbsp;&nbsp;12446 | &nbsp;&nbsp;13520 | &nbsp;&nbsp;7224 |
| &nbsp;&nbsp;Income tax effect on adjustments | &nbsp;&nbsp; (4057) | &nbsp;&nbsp;(4356) | &nbsp;&nbsp;(4732) | &nbsp;&nbsp;(2528) |
| &nbsp;&nbsp;**Adjusted net earnings** | &nbsp;&nbsp;**123689** | &nbsp;&nbsp;**94097** | &nbsp;&nbsp;**71842** | &nbsp;&nbsp;**47762** |
| &nbsp;&nbsp;Adjusted net earnings per share – basic ($/share) | &nbsp;&nbsp;**0.60** | &nbsp;&nbsp;***0.46*** | &nbsp;&nbsp;***0.36*** | &nbsp;&nbsp;***0.27*** |

---

&nbsp;&nbsp;&nbsp;&nbsp;1. As presented in the financial statements and notes thereto for the respective periods.

---

| | | | | |
|:---|:---|:---|:---|:---|
| **($000s except shares amount)** | &nbsp;&nbsp;**Mar 31, 2025** | &nbsp;&nbsp;**Dec 31, 2024** | &nbsp;&nbsp;**Sep 30, 2024** | &nbsp;&nbsp;**Jun 30, 2024** |
| Basic weighted average shares outstanding<sup>1</sup> | &nbsp;&nbsp;**171622649** | &nbsp;&nbsp;**170900890** | &nbsp;&nbsp;**169873924** | &nbsp;&nbsp;**151474859** |
| Net earnings (loss) <sup>1</sup> | &nbsp;&nbsp;2368 | &nbsp;&nbsp;21687 | &nbsp;&nbsp;(2074) | &nbsp;&nbsp;5713 |
| &nbsp;&nbsp;Add back: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Share-based compensation<sup>1</sup> | &nbsp;&nbsp;3784 | &nbsp;&nbsp;(483) | &nbsp;&nbsp;2533 | &nbsp;&nbsp;1373 |
| &nbsp;&nbsp;&nbsp;&nbsp;(Income) loss from equity accounting in investee<sup>1</sup> | &nbsp;&nbsp;14 | &nbsp;&nbsp;14 | &nbsp;&nbsp;17 | &nbsp;&nbsp;2301 |
| &nbsp;&nbsp;&nbsp;&nbsp;(Gain) loss on financial instruments<sup>1</sup> | &nbsp;&nbsp;16628 | &nbsp;&nbsp;(6561) | &nbsp;&nbsp;12842 | &nbsp;&nbsp;6144 |
| &nbsp;&nbsp; Other (income) expense<sup>1</sup> | &nbsp;&nbsp;535 | &nbsp;&nbsp;1116 | &nbsp;&nbsp;(428) | &nbsp;&nbsp;2681 |
| &nbsp;&nbsp;&nbsp; Loss on extinguishment of Senior Notes<sup>1</sup> | &nbsp;&nbsp;— | &nbsp;&nbsp;11463 | &nbsp;&nbsp;— | &nbsp;&nbsp;— |
| &nbsp;&nbsp;&nbsp;&nbsp;Foreign exchange (gain) loss<sup>1</sup> | &nbsp;&nbsp;5997 | &nbsp;&nbsp;(5113) | &nbsp;&nbsp;311 | &nbsp;&nbsp;(7211) |
| &nbsp;&nbsp;Income tax effect on adjustments | &nbsp;&nbsp;(2099) | &nbsp;&nbsp;2536 | &nbsp;&nbsp;(109) | &nbsp;&nbsp;1738 |
| &nbsp;&nbsp;**Adjusted net earnings** | &nbsp;&nbsp;**27227** | &nbsp;&nbsp;**24659** | &nbsp;&nbsp;**13092** | &nbsp;&nbsp;**12739** |
| &nbsp;&nbsp;Adjusted net earnings per share – basic ($/share) | &nbsp;&nbsp;***0.16*** | &nbsp;&nbsp;***0.14*** | &nbsp;&nbsp; ***0.08*** | &nbsp;&nbsp; ***0.08*** |

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&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. As presented in the financial statements and notes thereto for the respective periods.

**Cash Cost and All-in Sustaining Cost** 

Cash costs per ounce, and all-in sustaining cost per ounce (as calculated in the tables above) are performance measures that reflect all the expenditures that are required to produce and sell an ounce of gold from operations. Management believes that these two measures are useful to market participants in assessing operating performance and the Company's ability to generate cash flow from current operations. These measures do not have standardized meanings under IFRS and may not be comparable to similar measures used by other issuers.

 **- 10 -** 

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|:---|:---|
| ![](img001.jpg) | **NEWS RELEASE**<br>TSX & NYSE: ARIS<br> aris-mining.com |

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**Operating Cash Flow and Free Cash Flow after Growth and Expansion Capital**

Cash flow from operations after sustaining capital and income taxes is calculated as adjusted net cash provided by operating activities, less sustaining capital and income taxes paid. Free cash flow after growth and expansion capital is calculated by further deducting growth and expansion capital. Management believes these measures are useful to market participants in assessing the Company's ability to generate cash flow from operations after funding its capital requirements. These measures do not have standardized meanings under IFRS and may not be comparable to similar measures used by other issuers.

**Growth and Expansion Capital**

Growth and expansion capital represents additions to depletable and non-depletable mineral interests, right of use assets, exploration projects, and plant and equipment that are not sustaining in nature. Management believes this measure is useful to market participants in assessing the level of capital invested to expand operations, develop projects and support future growth separately from capital required to sustain current operations. This measure does not have a standardized meaning under IFRS and may not be comparable to similar measures used by other issuers.

**EBITDA and Adjusted EBITDA**

EBITDA is calculated as earnings before tax, adjusted to add back depreciation and depletion, finance income, and interest and accretion. Adjusted EBITDA is calculated by further excluding items that management does not consider to be reflective of the underlying operating performance. Management believes these measures are useful to market participants in assessing the Company's operating performance and ability to generate cash flow from operations. These measures do not have standardized meanings under IFRS and may not be comparable to similar measures used by other issuers.

**Adjusted Net Earnings and Adjusted Net Earnings Per Share**

Adjusted net earnings is calculated as net earnings attributable to owners of the Company, adjusted for items that management does not consider to be reflective of the underlying operating performance of the Company Adjusted net earnings per share is calculated by dividing adjusted net earnings by the basic weighted average number of shares outstanding for the applicable period. Management believes these measures are useful to market participants in assessing the Company's underlying financial performance and results on a per share basis. These measures do not have standardized meanings under IFRS and may not be comparable to similar measures used by other issuers.

***Qualified Person and Technical Information***

Pamela De Mark, P.Geo., Senior Vice President Geology and Exploration of Aris Mining, is a Qualified Person as defined by National Instrument 43-101 (NI 43-101), and has reviewed and approved the technical information contained in this news release.

***Forward-Looking Information***

This news release contains "forward-looking information" or forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including, without limitation, statements relating to the Company's ability to deliver on its 2026 objectives, updates and timing for completion and first gold pour at the Bulk Mining Zone, timing for completion and ramp-up of the Marmato CIP plant, the expected benefit from the Segovia expansion, the Company's longer-term growth outlook, the timeline for environmental studies for the Soto Norte Project, the timeline for a Prefeasibility Study and construction decision for the Toroparu Project, the objective of reaching 1 million ounces of gold production, are forward-looking. Generally, the forward-looking information and forward looking statements can be identified by the use of forward looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "will continue" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". The material factors or assumptions used to develop forward looking information or statements are disclosed throughout this news release.

 **- 11 -** 

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|:---|:---|
| ![](img001.jpg) | **NEWS RELEASE**<br>TSX & NYSE: ARIS<br> aris-mining.com |

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Forward looking information and forward looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Aris Mining to be materially different from those expressed or implied by such forward-looking information or forward looking statements, including but not limited to those factors discussed in the section entitled "Risk Factors" in Aris Mining's annual information form dated March 11, 2026 which is available on SEDAR+ at <u>www.sedarplus.ca</u> and included as part of the Company's Annual report on Form 40-F, filed with the SEC at <u>www.sec.gov</u>.

Although Aris Mining has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The Company has and continues to disclose in its Management's Discussion and Analysis and other publicly filed documents, changes to material factors or assumptions underlying the forward-looking information and forward-looking statements and to the validity of the information, in the period the changes occur. The forward-looking statements and forward-looking information are made as of the date hereof and Aris Mining disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information.

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