STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of outstanding stock options activity


	Year Ended			Year Ended
	December 31, 2022			December 31, 2021
		Weighted			Weighted
	Number of	Average		Number of	Average
	Stock	Exercise		Stock	Exercise
	Options	Price		Options	Price
Outstanding, beginning of year	4,482,941	C$	74.43	3,421,404	C$	65.27
Granted	1,643,801		67.10	1,590,750		89.59
Exercised	(944,989)		57.68	(471,765)		58.40
Forfeited	(205,117)		78.08	(57,448)		80.35
Outstanding, end of year	4,976,636	C$	75.04	4,482,941	C$	74.43
Options exercisable, end of year	2,706,334	C$	73.76	2,077,187	C$	68.28

Schedule of stock options outstanding and exercisable

The following table sets out information about Agnico Eagle’s stock options outstanding and exercisable as at December 31, 2022:

Stock Options Outstanding

Stock Options Exercisable

Weighted

Average

Weighted

Average

Remaining

Average

Remaining

Weighted

Number

Contractual

Exercise

Number

Contractual

Average

Range of Exercise Prices

Outstanding

Life

Price

Exercisable

Life

Exercise Price

C$55.10 - C$58.04

781,871

0.95 years

55.09

781,871

0.95 years

55.10

C$67.19 - C$89.59

4,194,765

3.10 years

78.76

1,924,463

2.78 years

81.34

C$55.10 - C$89.59

4,976,636

2.76 years

75.04

2,706,334

2.25 years

73.76

Schedule of significant assumptions used to estimate the fair value


	Year Ended
	December 31,
	2022		2021
Risk-free interest rate	1.65	%	0.54	%
Expected life of stock options (in years)	2.4		2.4
Expected volatility of Agnico Eagle’s share price	30.0	%	38.0	%
Expected dividend yield	2.9	%	2.2	%