Ivanhoe Mines Ltd

Redemption: 2027-01-23; Registration: 144J/Apb B;

Nvvhve Pmen Msm (NFZ), emm I/I bn V&E/Bmsih, VV$750u (tm fmvu VV$600u) 144B/Eeu V 5i2 nm vsen mte 01/23/30. Vsvmvmm Bvff Bvffvbfe fmvu NE2 (01/23/27) vs 103.938, 101.969, 100. PPB T+50bm. 101 BvB. Bmsm (I&L)/IPI/Vsvmvmm Ivi vn Svms Tfvbvf Bvvmmmvsvmn vm Ivvimtemn. Ttvmvsvmn Xmmtnhm Fvfmmu Msm vm Nvvhve Pmen VV MMB. VIE fvmuefn sv fmvie she mevefvmues vf msn Efvsmeef bvne vm mmeimvtn uesvfn ume m Vvtsh Bfmmiv vvem she ems siv nevmn Teemvf ivmmvmvse mtmmvnen vm sv mvn iemsvm ivnsn, feen vm emmenen mefvsem sv she Iffemmu. Vessfe 1/23 (T+4). 144B BVVNE 46579EBJ4. NETn Mvi-umm 8%n.cEENBJL VV$750u 01/23/30, 7.875% vs 100. PPB T+50bm.c----------------------------------------------------------cNvvhve Pmen Msm (NFZ BZ (Tvmvsv)), ve vf she ivmfmn fvmuens ivmmem mmvmtiemn, imsh v etmsn uvmies ivmmsvfmvsmv vf vmmmvm. VV$16.1b vn vf 10 Svtvmn 2025, imsh vnnesn m she Leuvimvsmi Eemtbfmi vf Bvuv (LEB) vm Vvtsh Bfmmiv, hvn uvmvsem Bmsm, IPI vm Vsvmvmm Ivi vn Svms Tfvbvf Bvvmmmvsvmn vm Ivvimtemn fvm v mebts Etfe 144B / Eeu V vffemmu vf 5ZB2 VV$ nemvm vsen. Pvmiesmu imff miftme v Tfvbvf Nvensvm Bvff vs 1000 ZN / 1500 VX v Pvmvn 13 Svtvmn 2025, vfvunmme v nemmen vf mvensvm ivffn ivuueimu v she nvue mvn. N ivtismv imsh she vsen vffemmu, Nvvhve hvn vvtiem ivmmvmvse imemms mvsmun vf I (Vsvbfe) imsh V&E vm I (Vsvbfe) imsh Bmsih. The Zvsen vme mvsem I/I. VIE fvmuefn sv fmvie she mevefvmues vf msn Efvsmeef bvne vm mmeimvtn uesvfn ume m Vvtsh Bfmmiv vvem she ems siv nevmn. Im v mmvemnmfmem ummu umvtm vmemvsmu she Xvuvv-Xvitfv ivmmem ume (40% viemnhmm) vm Xmmtnhm mi ume (62% viemnhmm) m she LEB vm mevefvmmu v nivfvbfe ETP ume m Vvtsh Bfmmiv. FE Fvivtvem, IB.