Slide 1: Newmont ESG Briefing
Newmont ESG Briefing May 22, 2018
Slide 2: Cautionary statement
Cautionary statement Cautionary statement regarding forward looking statements: This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended
Slide 3: Safety Share
Safety Share Global water, sanitation and hygiene facts • ~ 800 million people do not have access to an improved water source • More people have access to mobile phones (6B), than access to working toilets (4.5B) • Unsafe drinking water, limited water for hygiene, lack of sanitation contribute to 8%
Slide 4: Agenda
Agenda Introduction – Jessica Largent, Vice President, Investor Relations Driving business results – Newmont’s approach to sustainability – Gary Goldberg, President and Chief Executive Officer Environmental approach and performance – Elaine Dorward-King, EVP, Sustainability & External Relations Soci
Slide 5: Gary Goldberg
Gary Goldberg President and Chief Executive Officer
Slide 6: Sustainability drives superior business results
Sustainability drives superior business results Business strategy Sustainability strategy Optimize performance through Superior operational execution standards, systems and targets Proactively manage ESG risks and Global portfolio of long-life assets opportunities Deliver competitive advantage as Le
Slide 7: Robust management framework
Robust management framework Reporting … to build accountability and trust Targets … to stimulate continuous improvement Metrics and Indicators … to track performance Systems … to drive global consistency Strategies, standards and procedures … to promote proactive management Policies … to codify comm
Slide 8: Focus on minimizing risk and creating value
Focus on minimizing risk and creating value Efforts focused on where Newmont can make the biggest difference • Environmental – minimizing impacts on air, water & land and collaborating on global challenges • Social – improving lives, respecting human rights and creating shared value • Governance – m
Slide 9: Operational license rests on ESG performance
Operational license rests on ESG performance ~24,700 people working on four continents Broad accountability for 2017 ESG targets Reduce fresh water use by 3% Reduce GHG emissions intensity Meet reclamation targets Reduce injuries and eliminate fatalities Meet diversity & local content targets Conduc
Slide 10: Growth optionality hinges on ESG track record
Growth optionality hinges on ESG track record Reputation conveys competitive advantage • Ability to operate effectively in broad range of jurisdictions • More reliable permitting and investment agreements • Preferred development partner and employer Projected production profile (Moz)* 6.0 Divested C
Slide 11: Profitability and sustainability are inextricably linked
Profitability and sustainability are inextricably linked Sustainability is fundamental to long-term value creation • Strong financial performance supports investment in long-term ESG strategies • Developing next generation leaders and operations extends economic contributions • Investors expect comp
Slide 12: Dr. Elaine Dorward-King
Dr. Elaine Dorward-King EVP, Sustainability & External Relations May 2018 Newmont Mining Corporation I ESG Briefing I Slide 12
Slide 13: Environmental approach and performance
Environmental approach and performance Minimizing environmental impacts and collaborating to resolve key challenges • Air – reducing energy costs and emissions and adapting to climate change • Water – moving from water management to watershed stewardship • Land – proactive approach to reclamation an
Slide 14: Goal to reduce GHG intensity by 16.5% by 2020
Goal to reduce GHG intensity by 16.5% by 2020 Global energy and climate change strategy supports Paris Accord and ICMM position • Secure stable, efficient energy to power Newmont’s operations • Reduce carbon footprint through renewable energy, efficiency strategies and carbon offsetting • Adapt oper
Slide 15: Switching from diesel to natural gas at Tanami
Switching from diesel to natural gas at Tanami Tanami Power Project • 450km natural gas pipeline, 2 power stations Darwin • Expected to lower CO2 emissions by up to 20% • Expected to reduce power costs by ~20% • Mitigates fuel supply risks • Facilitates future expansion Existing Amadeus Completion d
Slide 16: Goal to reduce fresh water use 5% by 2019
Goal to reduce fresh water use 5% by 2019 Managing watersheds to maintain secure supply for Newmont operations and other users • Manage water as an asset with a focus on reducing, reusing and recycling • Collaborate and engage on water policy internally and externally • Invest in water education, co
Slide 17: Improving water quality and access near Yanacocha
Improving water quality and access near Yanacocha Providing communities with clean, reliable water supply • 375 community-scale reservoirs built to irrigate crops and pastures in the region • >$13 million invested to improve drinking water quality, reliability for 200,000 people • Nearly 24,000 peop
Slide 18: Closure managed from beginning of mine lifecycle
Closure managed from beginning of mine lifecycle Commitment extends from exploration through post-closure • All sites maintain closure and post-closure strategies and concurrent reclamation targets • Strategies are informed by extensive stakeholder engagement • Accountability extends to ongoing mana
Slide 19: Turning a mine into a botanical garden in Indonesia
Turning a mine into a botanical garden in Indonesia Minahasa (2005) Minahasa (2012) May 2018 Newmont Mining Corporation I 2018 ESG Briefing – Slide 19
Slide 20: Partnering for long-term value preservation
Partnering for long-term value preservation Sagebrush Ecosystem Conservation Program® and Framework Agreement est. in 2016 • Historic partnership involves industry, state and federal agencies, universities and NGOs • Covers more than 1.5 million acres of sagebrush habitat in Nevada • Landscape-level
Slide 21: Tom Palmer
Tom Palmer EVP and Chief Operating Officer May 2018 Newmont Mining Corporation I ESG Briefing I Slide 21
Slide 22: Social approach and performance
Social approach and performance Improving lives and leaving communities better than we found them • Health and safety – creating a culture of zero harm • Human rights – securing social acceptance and maintaining our license to operate • Shared benefits – creating value for host communities and gover
Slide 23: Creating a culture of safety
Creating a culture of safety Continuous improvement in health and safety supports superior operational execution • Visible, felt leadership and team member ownership ensures everyone returns home safely • Improving access to healthcare for employees and communities through partnerships • Implementin
Slide 24: Leveraging technology to improve driver safety
Leveraging technology to improve driver safety Fatigue is a top risk for equipment operators • Piloted driver safety system at Carlin • Adopted across global surface haul truck fleet • Replaced self-reporting with detection controls • Reduced risk • Supported by effective change management: “One of
Slide 25: Partnering to deliver health and hope
Partnering to deliver health and hope A partnership for improved health • Long-standing partnership with Project C.U.R.E. • World’s largest distributor of medical donations • Equipment and training to developing countries • Every dollar donated translates to $20 in supplies • Supporting communities
Slide 26: Respecting human rights
Respecting human rights Approach aligned with voluntary standards including the UN Guiding Principles • Improving diversity and inclusive behaviors – empowering women and encouraging new ideas • Respecting fundamental human rights – employees, communities, suppliers and partners • Developing our lic
Slide 27: Securing our license to operate
Securing our license to operate Applying best practices at Amazonia in Suriname • Informed by experts and international best practices • Guided by policies and standards • Application of best practices in exploration context Engaging with traditional land owners in Suriname May 2018 Newmont Mining C
Slide 28: Goal to be partner of choice
Goal to be partner of choice Creating value through shared benefits • Long-term economic prosperity through employment, local procurement and investments • ~$6B in direct contributions in 2017, including $1.4B in wages and $3.7B in local procurement • $14M to communities where we operate in 2017 for
Slide 29: Making a lasting contribution
Making a lasting contribution Ghana foundations strengthen communities • Governance by local community members • Focus on issues that matter most to community: – Capacity building and livelihoods – Community health and education – Infrastructure improvement • Outcome-based approach Ahafo • 10 commun
Slide 30: Fostering transparency to build trust
Fostering transparency to build trust Developing a structured approach to measure operations’ economic benefits • Standard methodology to assess economic benefits to host countries and communities • Measuring value generated through mining operations, employment and procurement • Supports accuracy a
Slide 31: Nancy Buese
Nancy Buese EVP and Chief Financial Officer May 2018 Newmont Mining Corporation I ESG Briefing I Slide 31
Slide 32: Governance approach and performance
Governance approach and performance Aligning and protecting stakeholder interests • Meeting expectations – proactive engagement with shareholders, employees and others • Managing risks – effective identification and management of material risks • Upholding standards – strong ethics and compliance pr
Slide 33: Aligning with stakeholder interests
Aligning with stakeholder interests Protecting our reputation for profitability and responsibility • Ongoing engagement and research to gauge feedback • Adapting programs and policies to meet expectations • Promoting robust disclosure and transparency through industry initiatives Quarterly dividend
Slide 34: Incorporating feedback to compensation plans
Incorporating feedback to compensation plans Proactive engagement informs program design • Discussed governance with 37% of shareholders >94% • Added capital efficiency measure of shareholders supported the 2017 “Say on Pay” proposal • Integrated per share measures Annual incentive plan performance
Slide 35: Driving higher standards across the sector
Driving higher standards across the sector Leadership role in major organizations and initiatives • Environmental – focus on conservation, biodiversity, tailings management, water and energy • Social – focus on health and safety, human rights, diversity and inclusion, ethics, ASM • Governance – focu
Slide 36: Effective identification and management of risks
Effective identification and management of risks Global Risk Management Standard governs management of material risks • All operating regions and global functions utilize common risk assessment framework • Framework is based on the International Standard for Risk Management • Quarterly review with s
Slide 37: Empowering employees to speak up
Empowering employees to speak up Culture of integrity – one of our core values • Code of conduct includes commitment to high ethical standards, corporate responsibility • Comprehensive employee training program • Zero tolerance for Code of Conduct violations Tanami May 2018 Newmont Mining Corporatio
Slide 38: Employee engagement and development
Employee engagement and development Developing leaders and planning for succession • Talent planning – forecasting current and future needs and developing talent pools for key roles • Succession planning – consistent process through front line managers; regular Board review • Leadership development
Slide 39: Gary Goldberg
Gary Goldberg President and Chief Executive Officer
Slide 40: Executive Leadership Team
Leadership committed to superior ESG performance Executive Leadership Team Gary GaryGoldberg, Goldberg, Elaine Dorward-King Tom Palmer Nancy Buese Randy Engel President Presidentand andCEO CEO EVP, S&ER EVP and COO EVP and CFO EVP, Strategic Dev Bill MacGowan Scott Lawson Steve Gottesfeld Susan Keef
Slide 41: Partnering to improve standards across the sector
Partnering to improve standards across the sector May 2018 Newmont Mining Corporation I 2018 ESG Briefing – Slide 41
Slide 42: Focusing on continuous improvement
Focusing on continuous improvement Environmental Minimizing impacts and collaborating to resolve key challenges Social Improving lives and creating long-term value Governance Understanding and protecting stakeholder interests Tanami core (Auron) May 2018 Newmont Mining Corporation I 2018 ESG Briefin
Slide 43: Questions?
Questions? May 2018 Newmont Mining Corporation I ESG Briefing I Slide 43
Slide 44: Endnotes
Endnotes Investors are encouraged to read the information contained in this presentation in conjunction with the following notes, the Cautionary Statement on slide 2 and the factors described under the “Risk Factors” section of the Company’s Form 10-Q, filed with the SEC on April 26, 2018 and disclo