B2gold Corp. · TSX:BTO

B2gold — Investor Presentation (July 2020)

15 slides from B2gold's investor presentation, July 2020

  1. Slide 1: A Low-Cost International Senior Gold Producer

    ACQUIRE | DISCOVER | FINANCE | BUILD | OPERATE ACQUIRE | DISCOVER | FINANCE | BUILD | OPERATE A LOW-COST INTERNATIONAL SENIOR GOLD PRODUCER July 2020 THE WORLD’S NEW SENIOR GOLD PRODUCER TSX: BTO NYSE AMERICAN: BTG NSX: B2G

  2. Slide 2: Cautionary Statement

    CAUTIONARY STATEMENT 2 Tom Garagan, Senior Vice President of Exploration, a Qualified Person as defined by National Instrument 43-101, has approved the scientific and technical information concerning B2Gold Corp. ("B2Gold") discussed in this presentation. All amounts in this presentation are express

  3. Slide 3: Mine & Project Locations

    MINE & PROJECT LOCATIONS 3 1 1. Includes Anaconda Area

  4. Slide 4: Corporate Overview

    CORPORATE OVERVIEW 4 A Low-cost International Senior Gold Producer Successful history of exploration success, accretive COMBINED EXECUTIVE EXPERIENCE acquisitions, production growth and political risk management +280 YEARS of working together for Bema Gold and B2Gold Ongoing commitment to the highes

  5. Slide 5: Managing Political Risk and Succeeding

    MANAGING POLITICAL RISK 5 B2Gold’s Competitive Advantage/Keys to Success PROVEN TRACK RECORD B2GOLD’S GUIDING OF BEMA GOLD AND B2GOLD BUSINESS PRINCIPLES: MANAGING POLITICAL RISK FAIRNESS | RESPECT TRANSPARENCY | ACCOUNTABILITY AND SUCCEEDING IN COUNTRIES AROUND THE WORLD Always delivering on promis

  6. Slide 6: COVID-19 Response Plan & Measures

    COVID-19 RESPONSE PLAN & MEASURES 6 General Update Since mid-February 2020, B2Gold has been monitoring the COVID-19 outbreak and its potential impact on the Company’s operations and has implemented several measures and introduced additional precautionary steps in response to the risks associated wit

  7. Slide 7: Occupational Health & Safety

    OCCUPATIONAL HEALTH & SAFETY 7 Frequency Benchmarks & Performance Highlights: Consolidated Operations 2 88% reduction in lost time injury 1.8 frequency rate (“LTIFR”) 1.6 1.4 77% reduction in total reportable injury frequency rate (“TRIFR”) 1.2 (200 K hours) 1 83% reduction in injury severity 0.8 0.

  8. Slide 8: Environmental Strategic Plan

    ENVIRONMENTAL STRATEGIC PLAN 8 Energy & Climate Change Energy and climate change: • Continued implementation of renewable energy sources: • Otjikoto solar power plant: commenced operation in May 2018 • Fekola solar power plant: construction temporarily suspended - expected completion within six mont

  9. Slide 9: Strong & Profitable Production Profile

    STRONG & PROFITABLE PRODUCTION PROFILE 9 Annual Gold Production Growth (oz) Fekola Mine, Mali Attributable Production from Calibre Consolidated AISC /oz1 6 Otjikoto Mine, Namibia Masbate Mine, The Philippines 3 La Libertad Mine, Nicaragua El Limon Mine, Nicaragua 1. Non-IFRS Measure. Refer to “Non-I

  10. Slide 10: First Half 2020 Consolidated Results

    FIRST HALF (“FH”) 2020 CONSOLIDATED RESULTS 10 Gold Production, Gold Revenue, Cost Guidance, Q-1 Costs GOLD PRODUCTION: - CASH OPERATING COSTS3,4: Q1 2020 264,862 oz $415 (quarterly record) - $405 $455 (/OZ) (/OZ SOLD) Q2 & FH 2020 2020 Q1 2020 FH 20202 GUIDANCE ACTUAL cash operating costs (quarterl

  11. Slide 11: Consolidated Five-Year Outlook: 2020 - 2024

    CONSOLIDATED FIVE-YEAR OUTLOOK: 2020 - 2024 11 Consolidated gold production averaging 950 Koz /y based on current operating plans1 AISC2 averaging under $825 /oz 2020/2021 operating plans include: • Fekola mining and processing expansion: expected to be fully commissioned by the end of Q3 2020 • Fek

  12. Slide 12: Strong Financial, Liquidity & Cash Position

    STRONG FINANCIAL, LIQUIDITY & CASH POSITION 12 Debt reduction in 2019: Cash and cash equivalents at March 31, 2020: approx. $220 M $208 M Continued to add to consolidated cash Total debt at year-end 2019: approx. $260 M1 position in Q2 2020 Debt reduction in Q1 2020: At June 30, 2020, the Company is

  13. Slide 13: 2020 Consolidated Guidance

    2020 CONSOLIDATED GUIDANCE 13 Projected Gold Production, Costs, Gold Revenue & Cash Flows from Operating Activities Gold production1: Projected gold revenue3: 1,000 Koz - 1,055 Koz approx. $1.7 B Cash operating costs2: Projected cash flows from $415 - $455 /oz operating activities3: approx. $850 M A

  14. Slide 14: B2Gold: 10-Year Share Price Performance

    B2GOLD: 10-YEAR SHARE PRICE PERFORMANCE 14 vs. TSX Global Gold Index & the Gold Price 360% BTO Gold Price 320% TSX Global Gold Index 280% +280% 240% + 200% 160% 120% 80% + 40% +41% 0% -40% (34%) Credit: Canaccord Genuity (June 9, 2020) -80% Source: Bloomberg (June 10, 2010 – June 9, 2020) Jun-10 Jun

  15. Slide 15: Contact Details

    15 CONTACT DETAILS B2Gold Corp. Clive Johnson Suite 3100, 595 Burrard Street President, CEO & Director P.O. Box 49143 +1 604 681 8371 Vancouver, BC Canada, V7X 1J1 Ian MacLean Vice President, Investor Relations Tel: +1 604 681 8371 +1 604 681 8371 Toll Free: +1 800 316 8855 Fax: +1 604 681 6209 Kati

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