25 ORGANIC GROWTH PIPELINE Expansions1 2023 2024 2025 2026 2027 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Cobre Panama2 Panama Subika Ghana Tasiast Mauritania Vale Brazil Detour Lake Ontario Kirkland Lake Ontario Island Gold Ontario Stillwater Montana New Mines Est. Start3 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Magino Ontario Séguéla Côte d'Ivoire Salares Norte Chile Yandal/Bronzewing Australia Greenstone Ontario Posse (Mara Rosa) Brazil Tocantinzinho Brazil Valentine Gold Newfoundland Eskay Creek British Columbia Stibnite Gold Idaho Copper World Arizona 1. Expansion periods are based on operators’ indicated period of ramp-up 2. First Quantum Minerals Ltd. and the Government of Panama agreed to a draft concession contract in March which is subject to a public consultation process and certain additional Panamanian approvals. During the month, concentrate loading and processing operations resumed to normal levels with all three trains operating 3. Indicated start periods are based on operators’ guidance and FNV best estimates