Mako Mining reports Q2 2026 adjusted EBITDA of US$31.7M, EPS US$0.16/share

VANCOUVER, BC / ACCESS Newswire / August 14, 2026 / Mako Mining Corp. (NASDAQ:MAKO)(TSXV:MKO) (" Mako " or the " Company ") is pleased to report financial results for the three months ended June 30, 2026 (" Q2 2026 "). All dollar amounts referred to herein are expressed in United States dollars unless otherwise stated.

The Company's financial results for Q2 2026 reflect record revenue of $62.6 million, which generated $25.9 million in Mine Operating Cash Flow (" Mine OCF ") (1)(3) , $31.7 million in Adjusted EBITDA (1) and $13.9 million in Net Income ($0.16/share). The Company sold 14,610 oz of gold at an average realized gold price (1)(2) of $4,201 per oz with a $2,286 All-In Sustaining Cost (" AISC ") ($/oz sold). (1) (2)

Q2 2026 Highlights

Financial

$62.6 million in Revenue

$31.7 million in Adjusted EBITDA (1)

$25.9 million in Mine OCF (1)(3)

$13.9 million in Net Income

$112.9 million in Cash, Trade Receivables and Marketable Securities

$1,996 Cash Cost ($/oz sold) (1)(2)

$2,286 AISC ($/oz sold) (1)(2) : San Albino $1,535 and Moss Mine $3,708

Return on Equity (" ROE ") (1) of 36.6% and Return on Assets (" ROA ") of 23.8% (1)

Growth

$2.9 million in exploration and evaluation expenses ($1.4 million in areas surrounding San Albino, $1.4 million at Eagle Mountain, Guyana and $0.1 million in Mt. Hamilton)

Akiba Leisman, CEO of Mako, states: "Q2 2026 was another strong quarter of operational and financial performance, with $31.7 million in Adjusted EBITDA and net income of $0.16 per share on record levels of gold production. Our industry-leading ROE and ROA, of 36.6% and 23.8% respectively, demonstrates the profitability of our underlying assets with very efficient capital utilization. We currently have a cash and gold-linked securities balance of approximately $112 million, which along with operating cash flow from our