Slide 1: The Power of Partnerships… Building for Tomorrow
The Power of Partnerships… Building for Tomorrow INDABA CONFERENCE, May 2022
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 our strategy, projects, plans or future financial or operating performance, constitutes “forward-looking statements”. All statements, o
Slide 3: Partnering with our host countries is foundational to our business
Barrick Partnering with our host countries purpose is foundational Loulo-Gounkoto 1 (80%) to our business operates on 4 Tongon (89.7%) continents in 18 countries Partnering with our host (24.5%) countries is foundational to our business purpose In April 2020, Porgera was placed on care and maintenan
Slide 4: 26 years of operating in Africa
26 years of operating in Africa Barrick... Africa’s largest Jabal Sayid 50% gold producer Morila 40% SAUDI ARABIA A Tier One Barrick EGYPT focusing on Tier discovery, now sold Produced 152 million pounds in 2021 (100%) One and SENEGAL MALI Strategic Assets Loulo-Gounkoto Kibali 45% 80% DRC MALI Tong
Slide 5: Investment with Fiscal Contributions are the Building Blocks for Economic Growth
Investment with Fiscal Contributions are the Building Blocks for Economic Growth… We believe our fiscal As one of the largest gold contribution to host and copper mining governments forms important companies globally, Barrick building blocks in developing acknowledges that it has foundational micro
Slide 6: Lifecycle of a mine and benefits to host countries and communities
Lifecycle of a mine and benefits to host countries and communities… The mining sector is distinct from other industries in the economy - discovery process is often long and uncertain Mining ventures only provide positive returns after substantial periods of production. Consequently, we are a long- t
Slide 7: Our Economic Contribution to our Host Countries
Focus on Africa…Our Economic Contribution to our Host Countries Taxesi, Royalties Economic % Workforce and Senior Management & Dividends Contributions who are Nationals as at 31 Dec 2021 as at 31 Dec 2021 100% 90% 80% 70% 60% 50% $1.4 Bn $3.3 Bn 40% 30% in 2021 in 2021 20% 10% 0% Workforce Senior Ma
Slide 8: Morila Mine, Mali…a case study on the benefits of mining to the host country economy
Morila Mine, Mali…a case study on the benefits of mining to the host country economy Over its twenty-year life, the mine has paid $1.1 billion (measured at historic prices; $1.4 billion measured at 2021 price levels) to the government of Mali in the form of taxes, royalties and dividends associated
Slide 9: Biodiversity…Partnerships for Protection
Biodiversity…Partnerships for Protection Barrick has developed a new biodiversity standard that not only considers best practice but also the current limitations in thinking regarding biodiversity and seeks to address the gaps. Alongside important work on site, our partnerships and investments help
Slide 10: Macro-level contributions of mining in low and middle-income countries
Macro-level contributions of mining in low and middle-income countries… Natural Resources… primary driver of economic activity In developing economies, the biggest impact of mining is the Foreign Direct Macro-level contributions of mining in low and middle income countries Investment it brings to a
Slide 11: Economic impact of mining in Developing Economies
Economic impact of mining in Developing Economies… Contribution to Exports and GDP Mining’s contribution to GDP and Exports Economic impact of mining is substantially higher in developing Metallic mineral, metals & coal production economies than in developed economies Value as % of GDP - 2018 100% E
Slide 12: Partnering for prosperity…Policy Considerations
Partnering for prosperity…Policy Considerations A more competitive regime - by lowering the tax burden on individual companies and ensuring fiscal stability will result in an increase in exploration and mine development and consequently, an increase in total revenue and development from: Direct and
Slide 13: Endnotes
Endnotes 1. A Tier One Gold Asset is an asset with a reserve potential to deliver a minimum 10-year life, annual production of at least 500,000 ounces of gold and total cash costs per ounce over the mine life that are in the lower half of the industry cost curve. A Tier One Copper Asset is an asset