ARIS MINING REPORTS Q3 2025 RESULTS

Segovia Ramp-Up Driving Profitable Growth: Record Revenue, Cash Flow, and Adjusted Earnings

VANCOUVER, BC, Oct. 29, 2025 /PRNewswire/ - Aris Mining Corporation (Aris Mining or the Company) (TSX: ARIS) (NYSE-A: ARMN) announces its financial and operating results for the three and nine months ended September 30, 2025 (Q3 2025 and 9M 2025). All amounts are in U.S. dollars unless otherwise indicated.

Q3 2025 Financial Performance

Neil Woodyer, CEO, commented "The production ramp-up at Segovia is progressing well, leading to record financial results and a cash balance of $418 million. This year, we have also delivered two major technical studies – the Soto Norte Prefeasibility Study and the Toroparu Preliminary Economic Assessment. These projects reinforce the strength of our growth pipeline beyond Segovia and Marmato, where construction of the Bulk Mining Zone remains on schedule for first gold in the second half of 2026. With record revenue, cash flow, and earnings in Q3, Aris Mining is financially strong and strategically positioned for continued growth into 2026 and beyond."

Q3 2025

Q2 2025

Q1 2025

Q3 2024

Gold production ounces (oz), total

73,236

58,652

54,763

53,608

Gold sold (oz), total

73,001

61,024

54,281

53,769

Segovia – AISC, Owner Mining ($/oz sold)

$1,452

$1,520

$1,482

$1,451

Segovia – CMP AISC Sales Margin*

44 %

42 %

41 %

34 %

EBITDA

$96.5M

$31.6M

$39.7M

$27.8M

Adjusted EBITDA 1

$131.1M

$98.7M

$66.6M

$43.0M

Adjusted EBITDA 1, last 12 months

$352.0M

$264.0M

$201.3M

$145.7M

Net earnings (loss) 2

$42.0M 3 or $0.21/share

$(16.9)M 3 or $(0.09)/share

$2.4M or $0.01/share

$(2.1)M or $(0.01)/share

Adjusted earnings 1

$71.8M or $0.36/share

$47.8M or $0.27/share

$27.2M or $0.16/share

$13.1M or $0.08/share

Adjusted earnings 1, last 12 months

$171.5M or $0.95/share

$112.7M or $0.65/share

$77.7M or $0.46/share

$41.5M or $0.28/share

Q3 2025 Operational Performance

Total Segovia Operating Information

Q3 2025

Q2 2025

Q3 2024

Average realized gold price ($/oz sold)

$3,494

$3,303

$2,457

Tonnes milled (t)

219,550

167,960

166,868

Average tonnes milled per day (tpd)

2,553

1,976

1,940

Average gold grade processed (g/t)

9.87

9.85

9.23

Gold produced (oz)

65,549

51,527

47,493

Gold sold (oz)

65,580

53,751

48,059

AISC margin ($M)

121.5

87.2

44.1

Segovia Operating Information by Segment

Q3 2025

Q2 2025

Q3 2024

Owner Mining

Gold sold (oz)

40,984

32,685

22,952

Cash costs – ($/oz sold)

$999

$1,047

$1,081

AISC – ($/oz sold)

$1,452

$1,520

$1,451

AISC margin ($M)

83.1

57.8

23.1

CMPs

Gold sold (oz)

24,596

21,066

25,107

Cash costs – ($/oz sold)

$1,653

$1,622

$1,417

AISC – ($/oz sold)

$1,955

$1,931

$1,622

AISC sales margin (%)

44 %

42 %

34 %

AISC margin ($M)

38.4

29.4

21.0

* Aris Mining operates its own mines and contracts with community-based mining partners, referred to as Contract Mining Partners (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.

Corporate and Project Development Highlights

Endnotes

1 All references to adjusted earnings, EBITDA, adjusted EBITDA, growth capital investment, cash flow after sustaining capital and income taxes, cash costs and AISC 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 Net earnings represents net earnings attributable to owners of the company, as presented in the annual and interim financial statements for the relevant period.

3 A $45.5 million non-cash loss was recognized in Q2 2025 from fair value adjustments to the Company's warrant liability, valued at $40.8 million as of June 30, 2025. The fair value of the liability is directly correlated to the Company's share price, which increased by 38% during Q2 2025 (year-to-date: 82% increase). In July 2025, the Company received an additional $60.5 million in cash proceeds from exercises of these warrants. With these exercises and the July 29, 2025 expiry of the remaining outstanding warrants, the liability has been fully extinguished, removing a source of non-cash earnings volatility from future results.

Q3 2025 Conference Call Details

Management will host a conference call on Thursday, October 30, 2025, at 9:00 a.m. New York / 6:00 a.m. Vancouver / 2:00 p.m. London / 3:00 p.m. Paris to discuss the results.

Participants may gain expedited access to the conference call by registering at Diamond Pass Registration. 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

Conference Call

Audio Recording

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

Aris Mining's Condensed Consolidated Interim Financial Statements for the three and nine months ended September 30, 2025 and 2024 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 here. Hard copies of the financial statements are available free of charge upon written request to info@aris-mining.com.

About Aris Mining

Founded in September 2022, Aris Mining was established with a vision to build a leading South America-focused gold mining company. Our strategy blends current production and cashflow generation with transformational growth driven by expansions of our operating assets, exploration and development projects. Aris Mining intends to unlock value through scale and diversification. The Company is listed on the TSX (ARIS) and the NYSE-A (ARMN) and is led by an experienced team with a track record of value creation, operational excellence, financial discipline and good corporate governance in the gold mining industry.

Aris Mining operates two underground gold mines in Colombia: the Segovia Operations and the Marmato Complex, which together produced 210,955 ounces of gold in 2024. With expansions underway, Aris Mining is targeting an annual production rate of more than 500,000 ounces of gold, following the commissioning of the second mill at Segovia, completed in June and ramping up during H2 2025, and the construction of the Bulk Mining Zone at the Marmato Complex, expected to start ramping up production in H2 2026. In addition, Aris Mining operates the 51% owned Soto Norte joint venture, where a PFS study is complete on a new, smaller scale development plan which confirms Soto Norte as a high-quality, long-life project with robust economics and industry-leading environmental and social design features. In Guyana, Aris Mining owns the Toroparu gold/copper project, where a new Preliminary Economic Assessment (PEA) is complete and a Prefeasibility Study is underway.

Colombia is rich in high-grade gold deposits and Aris Mining is actively pursuing partnerships with the Country's dynamic small-scale mining sector. With these partnerships, we enable safe, legal, and environmentally responsible operations that benefit both local communities and the industry.

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

Cautionary Language

Non-GAAP Measures

EBITDA, adjusted EBITDA, adjusted earnings, cash cost, growth and expansion expenditures, cash flow after sustaining capital and income tax and AISC are non-GAAP financial measures. These financial measures do not have any standardized meaning prescribed under IFRS or by Generally Accepted Accounting Principles (GAAP) in the United States, and therefore may not be comparable to other issuers. For full details on these measures refer to the "Non-GAAP Financial Measures" sections of the Company's Management's Discussion and Analysis for the three and six months ended June 30, 2025 and 2024 and years ended December 31, 2024 and 2023 (MD&As). The MD&As are incorporated by reference into this news release and are available at www.aris-mining.com, on the Company's profile on SEDAR+ at www.sedarplus.ca and in its filings with the SEC at www.sec.gov.

The tables below reconcile the non-GAAP financial measures contained in this news release for the current and comparative periods to the most directly comparable financial measure disclosed in the Company's interim financial statements for the three and six months ended June 30, 2025 and 2024; the three months ended March 31, 2025 and 2024, and Company's annual financial statements for the three months and years ended December 31, 2024 and 2023.

Quarterly cash-flow summary 1

($000's)

Q3 2025

Q2 2025

Q1 2025

Gold revenue 2

253,456

200,231

154,142

Total cash cost

(98,946)

(83,166)

(72,730)

Royalties 2

(10,087)

(7,583)

(6,359)

Social contributions 2

(8,224)

(5,562)

(4,334)

Sustaining capital

(12,210)

(12,710)

(7,069)

All in sustaining cost (AISC)

(129,467)

(109,021)

(90,492)

AISC margin

123,989

91,210

63,650

Taxes paid 2

(13,228)

(42,244)

(5,121)

General and administration expense 2

(5,130)

(5,187)

(4,106)

Decrease (increase) in VAT receivable

(16,023)

30,813

(11,761)

Other changes in working capital

(289)

(1,718)

(11,685)

Impact of foreign exchange losses on cash balances 2

1,450

925

768

After-tax adjusted sustaining margin

90,769

73,799

31,745

Expansion and growth capital expenditure

Segovia Operations

(9,618)

(6,930)

(6,368)

Marmato Bulk Mining Zone

(31,369)

(23,628)

(29,661)

Toroparu Project

(3,270)

(2,741)

(2,411)

Soto Norte Project & other

(3,879)

(3,446)

(4,570)

Total expansion and growth capital

(48,136)

(36,745)

(43,010)

Financing and other costs

Proceeds from warrant and option exercises 2

59,805

57,670

5,197

Proceeds from disposition of Juby Project

13,065

Principal repayment of Gold Notes 2

(4,064)

(4,063)

(3,941)

Capitalized interest paid 2

(6,159)

(5,802)

(5,031)

Interest (paid) 2

(18,000)

Finance income 2

2,437

3,474

2,336

Total financing and other costs

65,084

33,279

(1,439)

Net change in cash 2

107,717

70,333

(12,704)

Opening cash balance at beginning of period 2

310,164

239,831

252,535

Closing cash balance at end of period 2

417,881

310,164

239,831

This Quarterly Cash Flow Summary is comprised of certain non-GAAP financial measures. Refer to the Non-GAAP Financial Measures section of this news release for further information.

As presented in the Financial Statements and notes for the respective periods.

Segovia AISC Margin

($000s except per ounce, and ounce amounts)

Q3 2025

Q2 2025

Q1 2025

Q4 2024

Q3 2024

Q2 2024

Gold produced (ounces)

65,549

51,527

47,549

51,477

47,493

43,705

Gold sold (ounces)

65,580

53,751

47,390

50,409

48,059

43,366

Financial Information

Gold revenue ($'000s)

229,116

177,551

135,310

133,159

118,075

100,302

Average realized gold price ($/ounce sold)

3,494

3,303

2,855

2,642

2,457

2,313

1711177

Owner Mining costs

26,012

23,228

19,291

18,845

15,780

17,187

CMP material purchases

37,268

29,157

26,656

29,461

31,373

28,867

Processing costs

9,357

7,412

7,430

6,879

6,985

6,536

Administration and security costs

12,011

10,422

10,124

11,656

7,796

8,120

Change in finished goods and stockpile inventory

1,069

961

(929)

(4,070)

1,130

(1,306)

By-product and concentrate revenue

(4,116)

(2,798)

(3,073)

(2,308)

(2,665)

(2,862)

Total cash costs

81,601

68,382

59,499

60,463

60,399

56,342

Cash cost per ounce sold

$1,244

$1,272

$1,256

$1,199

$1,257

$1,299

,43

3,506

3,078

Royalties

7,532

5,539

4,519

4,342

3,506

3,078

Social contributions

7,787

5,177

4,061

4,063

4,294

2,120

Sustaining capital

10,334

10,861

5,856

5,426

5,423

6,224

Sustaining lease payments

352

423

480

567

389

364

All-in sustaining costs

107,606

90,382

74,415

74,861

74,011

68,128

All-in sustaining cost per ounce sold (Combined)

$1,641

$1,681

$1,570

$1,485

$1,540

$1,571

32,174

AISC Margin

121,510

87,169

60,895

58,298

44,064

32,174

Cash costs per ounce

Reconciliation of total cash costs by business unit at Segovia and Marmato to the cash costs as disclosed above.

Three months ended Sept 30, 2025

Three months ended June 30, 2025

($000s except per ounce amounts)

Segovia

Marmato

Total

Segovia

Marmato

Total

Total gold sold (ounces)

65,580

7,421

73,001

53,751

7,273

61,024

Cost of sales 1

93,249

20,443

113,692

76,719

17,255

93,974

Less: royalties 1

(7,532)

(2,555)

(10,087)

(5,539)

(2,044)

(7,583)

Add: by-product revenue 1

(4,116)

(543)

(4,659)

(2,798)

(427)

(3,225)

Total cash costs

81,601

17,345

98,946

68,382

14,784

83,166

Total cash costs ($ per oz gold sold)

1,244

1,272

Total cash costs including royalties

89,133

73,921

Total cash costs including royalties ($ per oz gold sold)

1,359

1,375

Three months ended March 31, 2025

Three months ended Sept 30, 2024

($000s except per ounce amounts)

Segovia

Marmato

Total

Segovia

Marmato

Total

Total gold sold (ounces)

47,390

6,891

54,281

48,059

5,710

53,769

Cost of sales 1

67,091

15,384

82,475

66,570

16,673

83,243

Less: royalties 1

(4,519)

(1,840)

(6,359)

(3,506)

(1,343)

(4,849)

Add: by-product revenue 1

(3,073)

(313)

(3,386)

(2,665)

(613)

(3,278)

Total cash costs

59,499

13,231

72,730

60,399

14,717

75,116

Total cash costs ($ per oz gold sold)

1,256

1,257

Total cash costs including royalties

64,018

63,905

Total cash costs including royalties ($ per oz gold sold)

1,351

1,330

1 As presented in the Annual and Interim Financial Statements and notes thereto for the respective periods.

Cash costs per ounce – Business Units (Segovia)

Three months ended Sept 30, 2025

Three months ended June 30, 2025

($000s except per ounce amounts)

Owner

CMPs

Total

Owner

CMPs

Total

Total gold sold (ounces)

40,984

24,596

65,580

32,685

21,066

53,751

Cost of sales 1

48,502

44,747

93,249

39,532

37,187

76,719

Less: royalties 1

(5,000)

(2,532)

(7,532)

(3,605)

(1,934)

(5,539)

Add: by-product revenue 1

(2,566)

(1,550)

(4,116)

(1,714)

(1,084)

(2,798)

Total cash costs

40,936

40,665

81,601

34,213

34,169

68,382

Total cash costs ($ per oz gold sold)

999

1,653

1,244

1,047

1,622

1,272

Three months ended March 31, 2025

Three months ended Sept 30, 2024

($000s except per ounce amounts)

Owner

CMPs

Total

Owner

CMPs

Total

Total gold sold (ounces)

26,963

20,427

47,390

22,952

25,107

48,059

Cost of sales 1

34,799

32,292

67,091

28,819

37,751

66,570

Less: royalties 1

(2,783)

(1,736)

(4,519)

(1,999)

(1,507)

(3,506)

Add: by-product revenue 1

(1,748)

(1,325)

(3,073)

(2,000)

(665)

(2,665)

Total cash costs

30,268

29,231

59,499

24,820

35,579

60,399

Total cash costs ($ per oz gold sold)

1,123

1,431

1,256

1,081

1,417

1,257

1 As presented in the Annual and Interim Financial Statements and notes thereto for the respective periods.

All-in sustaining costs (AISC)

Reconciliation of total AISC by business unit at Segovia and Marmato to the AISC as disclosed above.

Three months ended Sept 30, 2025

Three months ended June 30, 2025

($000s except per ounce amounts)

Segovia

Marmato

Total

Segovia

Marmato

Total

Total gold sold (ounces)

65,580

7,421

73,001

53,751

7,273

61,024

Total cash costs

81,601

17,345

98,946

68,382

14,784

83,166

Add: royalties 1

7,532

2,555

10,087

5,539

2,044

7,583

Add: social programs 1

7,787

437

8,224

5,177

385

5,562

Add: sustaining capital expenditures

10,334

1,524

11,858

10,861

1,426

12,287

Add: lease payments on sustaining capital

352

423

Total AISC

107,606

21,861

129,467

90,382

18,639

109,021

Total AISC ($ per oz gold sold)

1,641

1,681

Three months ended Mar 31, 2025

Three months ended Sept 30, 2024

($000s except per ounce amounts)

Segovia

Marmato

Total

Segovia

Marmato

Total

Total gold sold (ounces)

47,390

6,891

54,281

48,059

5,710

53,769

Total cash costs

59,499

13,231

72,730

60,399

14,717

75,116

Add: royalties 1

4,519

1,840

6,359

3,506

1,343

4,849

Add: social programs 1

4,061

273

4,334

4,294

185

4,479

Add: sustaining capital expenditures

5,856

733

6,589

5,423

938

6,361

Add: lease payments on sustaining capital

480

389

Total AISC

74,415

16,077

90,492

74,011

17,183

91,194

Total AISC ($ per oz gold sold)

1,570

1,540

1 As presented in the Annual and Interim Financial Statements and notes thereto for the respective periods.

All-in sustaining costs (AISC) – Segovia by Business Unit

Three months ended Sept 30, 2025

Three months ended Jun 30, 2025

($000s except per ounce amounts)

Owner

CMPs

Total

Owner

CMPs

Total

Total gold sold (ounces)

40,984

24,596

65,580

32,685

21,066

53,751

Total cash costs

40,936

40,665

81,601

34,213

34,169

68,382

Add: royalties 1

5,000

2,532

7,532

3,605

1,934

5,539

Add: social programs 1

5,155

2,632

7,787

3,366

1,811

5,177

Add: sustaining capital expenditures

8,078

2,256

10,334

8,088

2,773

10,861

Add: lease payments on sustaining capital

352

423

Total AISC

59,521

48,085

107,606

49,695

40,687

90,382

Total AISC ($ per oz gold sold)

1,452

1,955

1,641

1,520

1,931

1,681

Three months ended Mar 31, 2025

Three months ended Dec 31, 2024

($000s except per ounce amounts)

Owner

CMPs

Owner

CMPs

Total

Total gold sold (ounces)

26,963

20,427

47,390

28,149

22,260

50,409

Total cash costs

30,268

29,231

59,499

29,320

31,143

60,463

Add: royalties 1

2,783

1,736

4,519

2,754

1,588

4,342

Add: social programs 1

2,501

1,560

4,061

2,558

1,505

4,063

Add: sustaining capital expenditures

3,917

1,939

5,856

3,819

1,607

5,426

Add: lease payments on sustaining capital

480

567

Total AISC

39,949

34,466

74,415

39,018

35,843

74,861

Total AISC ($ per oz gold sold)

1,482

1,687

1,570

1,386

1,610

1,485

Three months ended September 30, 2024

Three months ended June 30, 2024

($000s except per ounce amounts)

Owner

CMPs

Owner

CMPs

Total

Total gold sold (ounces)

22,952

25,107

48,059

20,183

23,183

43,366

Total cash costs

24,820

35,579

60,399

24,660

31,682

56,342

Add: royalties 1

1,999

1,507

3,506

1,720

1,358

3,078

Add: social programs 1

2,449

1,845

4,294

1,185

935

2,120

Add: sustaining capital expenditures

3,640

1,783

5,423

4,677

1,547

6,224

Add: lease payments on sustaining capital

389

364

Total AISC

33,297

40,714

74,011

32,606

35,522

68,128

Total AISC ($ per oz gold sold)

1,451

1,622

1,540

1,616

1,532

1,571

1 As presented in the Annual and Interim Financial Statements and notes thereto for the respective periods.

Additions to mineral interests, plant and equipment

($'000)

Sep 30, 2025

Jun 30, 2025

Mar 31, 2025

Sep 30, 2024

Sustaining capital

Segovia Operations

10,334

10,861

5,856

5,423

Marmato Narrow Vein Zone

1,524

1,426

733

938

Total Sustaining Capital

11,858

12,287

6,589

6,361

Non-sustaining capital

Marmato Bulk Mining Zone

31,369

23,628

29,661

18,135

Segovia Operations

9,618

6,930

6,368

16,962

Soto Norte Project and Other

3,879

3,446

4,570

5,034

Marmato Narrow Vein Zone

2,965

Toroparu Project

3,270

2,741

2,411

1,970

Total (Growth Capital Investment)

48,136

36,745

43,010

45,066

Additions to mining interest, plant and equipment 1

59,994

49,032

49,599

51,427

1 As presented in the Annual and Interim Financial Statements and notes for the respective periods.

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

($000s)

Sep 30, 2025

Jun 30, 2025

Mar 31, 2025

Dec 31, 2024

Earnings (loss) before tax 1

76,094

12,258

21,220

37,513

Add back:

Depreciation and depletion 1

13,459

11,929

10,734

9,530

Finance income 1

(2,437)

(3,474)

(2,336)

(1,606)

Interest and accretion 1

9,390

10,833

10,037

21,165

EBITDA

96,506

31,546

39,655

66,602

Add back:

Share-based compensation 1

9,497

8,136

3,784

(483)

(Income) loss from equity accounting in investee 1

(Gain) loss on financial instruments 1

6,385

50,737

16,628

(6,561)

Loss on disposal of mining interest and PPE 1

3,200

Other (income) expense 1

1,961

1,090

535

1,116

Foreign exchange (gain) loss 1

13,520

7,224

5,997

(5,113)

Adjusted EBITDA

131,069

98,733

66,613

55,575

1 As presented in the Annual and Interim Financial Statements and notes for the respective periods.

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

($000s)

Sep 30, 2024

Jun 30, 2024

Mar 31, 2024

Dec 31, 2023

Earnings (loss) before tax 1

13,603

17,904

10,310

7,963

Add back:

Depreciation and depletion 1

9,019

8,082

7,519

7,535

Finance income 1

(1,351)

(1,691)

(2,246)

(2,580)

Interest and accretion 1

6,493

6,496

6,803

6,772

EBITDA

27,764

30,791

22,386

19,690

Add back:

Share-based compensation 1

2,533

1,373

1,842

2,977

Revaluation of investments (Denarius/Aris)

536

(Income) loss from equity accounting in investee 1

2,301

551

(3,667)

(Gain) loss on financial instruments 1

12,842

6,144

3,742

13,429

Other (income) expense 1

(428)

2,681

(1,442)

Foreign exchange (gain) loss 1

311

(7,211)

(108)

6,685

Adjusted EBITDA

43,039

36,079

28,413

38,208

1 As presented in the Annual and Interim Financial Statements and notes for the respective periods.

Adjusted net earnings and adjusted net earnings per share

($000s except shares amount)

Sep 30, 2025

Jun 30, 2025

Mar 31, 2025

Dec 31, 2024

Basic weighted average shares outstanding

199,171,052

179,836,208

171,622,649

170,900,890

Net earnings (loss) 1

42,011

(16,897)

2,368

21,687

Add back:

Share-based compensation 1

9,497

8,136

3,784

(483)

(Income) loss from equity accounting in investee 1

(Gain) loss on financial instruments 1

6,385

50,737

16,628

(6,561)

Loss on disposal of mining interest and PPE 1

3,200

Other (income) expense 1

1,961

1,090

535

1,116

Loss on extinguishment of Senior Notes

11,463

Foreign exchange (gain) loss 1

13,520

7,224

5,997

(5,113)

Income tax effect on adjustments

(4,732)

(2,528)

(2,099)

2,536

Adjusted net (loss) / earnings

71,842

47,762

27,227

24,659

Per share – basic ($/share)

0.36

0.27

0.16

0.14

1 As presented in the Annual and Interim Financial Statements and notes for the respective periods.

Adjusted net earnings and adjusted net earnings per share

($000s except shares amount)

Sep 30, 2024

Jun 30, 2024

Mar 31, 2024

Dec 31, 2023

Basic weighted average shares outstanding

169,873,924

151,474,859

138,381,653

137,313,095

Net earnings (loss) 1

(2,074)

5,713

(744)

(5,944)

Add back:

Share-based compensation 1

2,533

1,373

1,842

2,977

Revaluation of investments (Denarius/Aris)

536

(Income) loss from equity accounting in investee 1

2,301

551

(3,667)

(Gain) loss on financial instruments 1

12,842

6,144

3,742

13,429

Other (income) expense 1

(428)

2,681

(1,442)

Loss on extinguishment of Senior Notes

Foreign exchange (gain) loss 1

311

(7,211)

(108)

6,685

Income tax effect on adjustments

(109)

1,738

(2,221)

Adjusted net (loss) / earnings

13,092

12,739

5,361

10,353

Per share – basic ($/share)

0.08

0.04

0.08

1 As presented in the Annual and Interim Financial Statements and notes for the respective periods.

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 2025 objectives, the expected benefit from the Segovia expansion, the completion timeline and expected benefit from the Marmato Bulk Mining Zone construction, the expected completion date of the new pre-feasibility study for the Soto Norte Project, the completion date of the new preliminary economic assessment for the Toroparu Project and statements included in the "About Aris Mining" section of this news release relating to the Segovia Operations, Marmato Complex, Soto Norte Project and Toroparu Project 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.

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 12, 2025 which is available on SEDAR+ at www.sedarplus.ca and included as part of the Company's Annual report on Form 40-F, filed with the SEC at www.sec.gov.

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.

SOURCE Aris Mining Corporation