SSR Mining Offers Replace on Proxy Assertion

DENVER — On Might 15, 2024, SSR Mining Inc. (Nasdaq/TSX: SSRM; ASX: SSR) (“SSR Mining” or the “Firm”) filed an modification (the “Modification”) to the Firm’s Proxy Assertion dated April 12, 2024 (the “Proxy Assertion”) for its Annual and Particular Assembly of Shareholders to be held on Might 23, 2024 (the “Annual and Particular Assembly”).

The aim of the Modification is to complement and amend Proposal No. 3 of the Proxy Assertion, particularly, to amend the definition of “Change of Management” included in Part 2.1(okay) of the Firm’s 2024 Share Compensation Plan (the “Plan”) by deleting subclause (vi) of the definition primarily based on the advice of sure proxy advisors following their evaluate of the Plan offered within the Proxy Assertion. Subclause (vi) of the definition of Change of Management permitted a majority of Incumbent Administrators (as outlined within the Plan) of the Firm to find out {that a} Change of Management has occurred. Not one of the different agenda objects offered within the Proxy Assertion are affected by the modification.

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A duplicate of the Modification is on the market on the Firm’s web site at www.ssrmining.com and on the Firm’s profile on EDGAR at www.sec.gov, on SEDAR+ at www.sedarplus.ca, and on the ASX at www.asx.com.au.

The Firm additionally notes the next with respect to the Plan:

The utmost variety of Frequent Shares (as outlined within the Plan) issued to Insiders (as outlined within the Plan) inside anyone (1) yr interval, and issuable to Insiders within the mixture underneath the entire Firm’s safety primarily based compensation preparations (known as the “Mixture Plans” within the Plan), is not going to exceed 3.75% of the full variety of Excellent Frequent Shares (as outlined within the Plan).
The utmost variety of shares issuable underneath the Plan is not going to exceed 5,000,000 frequent shares.
The Firm shall have the authority to proceed granting share models underneath the Plan till Might 23, 2027, which is the date that’s three (3) years from the date of the Annual and Particular Assembly.

The Plan, as amended, stays topic to the conditional approval of the Toronto Inventory Change.

About SSR Mining

SSR Mining is listed underneath the ticker image SSRM on the Nasdaq and the TSX, and SSR on the ASX.