AGNICO EAGLE ANNOUNCES INVESTMENT IN WALLBRIDGE MINING COMPANY LIMITED

Stock Symbol: AEM (NYSE and TSX) TORONTO, May 20, 2026 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle" or the "Company") announced today that it entered into a subscription agreement with Wallbridge Mining Company Limited ("Wallbridge"), pursuant to which Agnico Eagle agreed to purchase 243,927,966 common shares of Wallbridge ("Common Shares") at a price of C$0.092 per Common Share for total consideration of C$22,441,373 (the "Private Placement"). The Private Placement is subject to certain closing conditions, including approval of the Toronto Stock Exchange, and is expected to close on or about May 22, 2026.