Gold Fields Limited · JSE:GFI

Gold Fields — Energy & Mines Africa Virtual Summit 2021

13 slides from Gold Fields's conference presentation, May 5, 2021

  1. Slide 1: Reaching New Milestones with 40MW of Solar

    REACHING NEW MILESTONES WITH 40MW OF SOLAR Energy & Mines Africa Virtual Summit MARTIN PREECE 5 May 2021

  2. Slide 2: Forward Looking statements

    Forward Looking statements Terms of use Certain statements in this document constitute “forward looking statements” within the meaning of Section 27A of the US Securities Act of 1933 and Section 21E of the US Securities Exchange Act of 1934. In particular, the forward looking statements in this docu

  3. Slide 3: Contents

    Contents ● South Deep 40 MW Solar Project ● The Initial IPP Model License Process ● Self – Generate and Operate License Process ● High – Level Project Timelines for the Solar Project ● Gold Fields Global Energy Footprint ● How the Solar Project Supports our ESG Strategy ● How the Solar Plant Support

  4. Slide 4: Project summary

    Project summary Reaching new milestones with 40MW solar| Martin Preece | May 2021 4

  5. Slide 5: Project summary

    Project summary Reaching new milestones with 40MW solar| Martin Preece | May 2021 5

  6. Slide 6: The Initial IPP Mode License Process

    The Initial IPP Mode License Process Background 2017 2018 2019 2020 • Deviation from IRP • Draft IRP 2018 • Deviation from IRP • Minister approves Ministerial 2010 – 2030 • IPP follow up 2019 deviation from IRP • IPP advised to • Generation facility 2019 deviation wait for IRP < 10MW update exempted

  7. Slide 7: Self – Generate and Operate License Process

    Self – Generate and Operate License Process NERSA licencing process and Eskom authorisation process Customer application NERSA licensing process Eskom authorisation process June 2020 June 2020 to Feb 2021 Jan 2021 to April 2022 Information and evaluation stage Cost Estimate Letter (CEL) NERSA applic

  8. Slide 8: High – Level Project Timelines for the Solar Project

    High – Level Project Timelines for the Solar Project Progress to date Q2 2022 August 2021 Commission May 2021 & COVID-19 Construction Eskom restrictions February 2021 compliance test Gold Fields January 2021 Board approval NERSA and Eskom December 2020 approves authorisation Eskom cost generation (p

  9. Slide 9: Gold Fields Global Energy Footprint

    Gold Fields Global Energy Footprint Gold Fields Group Energy spend US$257m (16% of OPEX) Energy spend per ounce US$110/oz Electricity 1 200 GWh Renewables (MW) 3% solar, 4% wind Carbon footprint 9% solar, 3% wind 2020 3% solar, 4% wind 2023 6% solar, 7% wind West Africa Region Mines: Tarkwa and Dama

  10. Slide 10: How the Solar plant supports our ESG Strategy

    How the Solar plant supports our ESG Strategy To be the global leader in sustainable gold mining 10

  11. Slide 11: How the Solar Plant supports our Strategy

    How the Solar Plant supports our Strategy 11

  12. Slide 12: 40MW solution

    40MW solution South Deep average demand profile (MW) 70 Morning Evening peak peak 60 50 40 30 Reconfigure maintenance activities to reduce demand during evening 20 and morning peak 10 0 00:00 00:30 01:00 01:30 02:00 02:30 03:00 03:30 04:00 04:30 05:00 05:30 06:00 06:30 07:00 07:30 08:00 08:30 09:00

  13. Slide 13: Thank you

    Thank you FOR QUERIES: ENERGY@GOLDFIELDS.COM

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