Agnico Eagle Mines Limited installed the Executive Chair board structure at the time of the Merger with Kirkland Lake Gold to assist in managing the integration of the businesses, with the intention to transition to a traditional Chair structure in time. With the integration of Agnico Eagle and Kirkland Lake Gold successfully completed, the Company now announced that Mr. Boyd will transition from Executive Chair to Chair of the board of directors of Agnico Eagle with an effective date of December 31, 2023. In this new role, the Company will continue to benefit from Mr. Boyd's leadership, decades of experience and strategic vision.

Mr. Sokalsky will remain Lead Director and Mr. Parr will remain Vice-Chair.