Slide 1: Mali
Mali 27 years of investment in Mali…
Slide 2: Cautionary Statement on Forward Looking Information
Cautionary Statement on Forward Looking Information… Certain information contained or incorporated by reference in this presentation, including any information as to Barrick’s strategy, projects, plans, or future financial or operating performance, constitutes “forward-looking statements”. All state
Slide 3: Barrick operates on 4 continents in 18 countries
Barrick operates on 4 continents in 18 countries… Geographical Donlin (50%) distribution of 2023 CANADA gold productioni Phoenix (61.5%) Loulo- Gounkoto Hemlo 80% USA 100% Fourmile 100% PAKISTAN Pueblo Viejo JAPAN Moz NGM (61.5%) Turquoise Ridge DOMINICAN 60% EGYPT Reko Diq 50% SAUDI ARABIA Carlin R
Slide 4: Q4 2023 Highlights
Q4 2023 Highlights… Loulo-Gounkoto Complex produced 683 000oz in 2023 achieving its gold production target 40MW Solar farm extension and installation of the Battery Energy Storage System (BESS) commissioned, system configuration in progress to optimise solar PV penetration Successful brownfields con
Slide 5: Economic contributions
Economic contributions… Loulo, Gounkoto and Morilai mines have collectively contributed between 5% and 10% to the Malian GDP Total In-country Investment Total in-country investment of $9.8 billion since Randgold/Barrick 1996 – Q4 2023 assumed operations in Mali In 2023, Barrick contributed: $380.7 m
Slide 6: Journey to Zero
Journey to Zero… The Responsibility to Stop Unsafe Work continues to be reinforced across all levels of our operations The global roll-out of our Life Saving Commitments is planned for the first half of quarter one. This will be followed by the global launch of the Fatal Risk Management Program, sup
Slide 7: Safety, health and environment
Safety, health and environment… Safety LTIFR2 Journey to Zero Program continues to ensure safety is valued above all 1.40 else 1.20 The Responsibility to Stop Unsafe Work continues to be reinforced 1.00 across all levels of the operation 0.80 0.60 Barrick Group Safety Executive conducted a site safe
Slide 8: Q4 2023 Production
Q4 2023 Production… Underground Operations Open Pit Expansion Focus on continuous safe operation with increased seismic Yalea South will focus on achieving the Life of Mine footprint event monitoring at Gara UG limits in 2024 after successfully developing the interim pit in Rollout of tele-remote mi
Slide 9: Further future success
Further future success… Underground Infrastructure Seismic event monitoring at Gara UG operation supporting safe mining Kt UG Ore Tonnes (Kt)i Rehabilitation of Yalea VD1 progressing – supporting integrity of life of 950 mine for underground infrastructure 900 Commissioning of the final phase of Gar
Slide 10: Mega solar plant built
Mega solar plant built … 60 MW 38 MVA Battery Solar Farm Area Energy Storage Zone 2 system (BESS) Units Project fast-tracked as a result of efficient management and completion of long-lead item procurement ahead of time Good results to date with penetration rate of up to 70% during the day depending
Slide 11: Exploration and upside
Exploration and upside… First phase of drilling at Baboto confirms extension of large-scale mineralized system at Boboto depth. Further drilling planned to assess the scale of the system and overall potential Review highlights near surface under-explored opportunities at Yalea in addition to large-
Slide 12: Commitment to local businesses
Commitment to local businesses… Growing the Malian economy Local entrepreneurship initiatives: 4 motorbikes donated to community sanitation Groupement d'Intérêt Economique (GIE) Growing the local economy: FCFA 370 million ($615,000) of revenue generated by local GIEs from partnerships with the mine
Slide 13: Commitment to local employment
Commitment to local employment… Employee Composition 96% of employees are from Mali, highlighting Expat Expat Employees Contractor Barrick’s strategy to grow local talent and provide 120 (2%) 146 (2%) employment to nationals 20% of the workforce employed directly from National surrounding communitie
Slide 14: Local commitment: Stakeholder Engagement
Local commitment… Stakeholder Engagement… Feedback workshop held for administrative and political authorities of Kayes and Kenieba about the mine’s annual performance Regular community development committee (CDC) meetings held to support the mine’s relations with communities Weekly courtesy visit to
Slide 15: Local commitment: Education
Local commitment… Education 2 new schools built at Nema and Faraba making a total of 18 schools and 78 classrooms built for the community in 2023 School kits donated to students, to assist them in furthering their education School kits donation Education quality improvement program implemented withi
Slide 16: Local commitment: Food Safety
Local commitment… Food Safety For Solidarity Month and International Food Day - food and essentials were donated to vulnerable members of the community in Kenieba and surrounding communities Food and essentials donation For food safety - Barrick supported the vaccination drive where 8,000 cattle and
Slide 17: Economic and infrastructure development
Local commitment… Economic and infrastructure development Road and Infrastructure Molasses application on 17 km of community road Dabara to Sakola road rehabilitation in progress with total cost of FCFA 270 million ($448,000) 3 km of rural road rehab between Djidjan and Baboto also underway Communit
Slide 18: Local commitment: Women Empowerment
Local commitment… Women Empowerment Four Village Savings and Loans Associations (VSLA) established to enable revenue generating projects and support development of female entrepreneurs’ management skills An additional farm built for women of Dabara village making a total of 7 farms built for 175 wom
Slide 19: Endnotes
Endnotes 1. A Tier One Gold Asset is an asset with a $1,300/oz reserve with potential to deliver a minimum 10-year life, annual production of at least 500,000 ounces of gold and with all in sustaining costs per ounce in the lower half of the industry cost curve. 2. Lost time injury frequency rate ("