Slide 1: Mali
Mali 3 decades of partnerships 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: Our Global Presence
Our Global A solid foundation for growth and value creation Presence Donlin Geographical (50%) CANADA distribution of 2023 Loulo- Gounkoto gold production Phoenix (61.5%) Fourmile 100% Hemlo 80% USA 100% PAKISTAN Pueblo Viejo JAPAN NGM (61.5%) Reko Diq 50% 60% EGYPT Turquoise Ridge DOMINICAN SAUDI A
Slide 4: 2024 Highlights to date
2024 Highlights to date… On track to achieve 2024 production guidance No LTIs or significant environmental incidents recorded during the quarter Q2 contributions to the Malian economy in the form of dividends, royalties, and taxes amounted to $84.7 million, bringing the year-to-date total to $173 mi
Slide 5: Economic contributions
Economic contributions… Total in-country investment of over $10.0 billion since Total In-country Investment Randgold/Barrick assumed operations in Mali 1996 – Q2 2024 Loulo, Gounkoto and Morilai mines have collectively contributed between 5% and 10% to the Malian GDP More than $468 million contribut
Slide 6: Journey to Zero
Journey to Zero… Responsibility to Stop Unsafe Work continues to be reinforced across all levels of our operation The rollout of our Fatal Risk Management Program is progressing well, with three Fatal Risk Standards highlighted during Q2 A global safety standdown was held during Q2 which coincided w
Slide 7: Safety, health and environment
Safety, health and environment… 1.40 LTIFR2 1.20 Safety 1.00 Journey to Zero Program continues to ensure safety is valued above all 0.80 else 0.60 Supervisors' Safety Blitz implemented and continues – two groups of 0.40 supervisors trained as safety coaches Management Safety Leadership continues thr
Slide 8: Loulo-Gounkoto…a Tier One gold mine consistently meeting production guidance
Loulo-Gounkoto…a Tier One gold mine consistently meeting production guidance Continued investment in life of mine and community… Gold Production from Loulo-Gounkoto Yalea Phase1 deep framework drilling has Koz commenced and is ongoing to test the potential 2010 to Q1 2024i 800 for large scale extens
Slide 9: New underground infrastructure
New underground infrastructure… Yalea Backfill Booster Station GKT 7MW Fridge Plant Structural works in progress Site preparation in progress 9
Slide 10: CO2 reduction strategy… Solar Farm Expansion
CO2 reduction strategy… Solar Farm Expansion Solar Extension Project Climate committee established with the objective of developing a strategy to champion energy savings and reduce CO2 emissions 72 MWp and 38 MVA of battery storage installed to save 30 million litres of Heavy Fuel Oil (HFO) and 72 K
Slide 11: Loulo-Gounkoto Exploration and Upside
Waraba Baboto Loulo-Gounkoto Exploration and Upsidei… N South 1.5km Western Kofi Baboto South Long Section: Looking West N Series BNRCDH335: Undefined Gara N Undefined BDH53: 6.2m @ 4.41g/t Trend N-strike Gara S-strike 9.85m @ 7.02g/t 17.5m @ 2.41g/t Faleme extent extent Incl. 3.9m @ 16.83g/t Incl.
Slide 12: Growing the Malian economy… Local contractor promotion
Growing the Malian economy… Local contractor promotion Local Economic Development: $248,829 generated by community Groupement d'Intérêt Economique (GIEs) through partnerships with the mine in Q2 2024 Business Accelerator Program: Second cohort of Accelerator Program, comprising 30 national companies
Slide 13: Commitment to local employment
Commitment to local employment… Employee Composition Expat Expat 97% of employees are from Mali, highlighting Barrick’s Employees Contractor strategy to grow local talent and provide employment to 135 (2%) 123 (1%) nationals 20% of the workforce employed directly from National surrounding communitie
Slide 14: Local stakeholder engagement
Local stakeholder engagement… Annual feedback session on mining activities and engagements with stakeholders held in Kayes $17,416 donated to stakeholders in Kayes and Kenieba for Tabaski Regular courtesy visits to village chiefs, councils and authorities conducted Monthly Community Development Comm
Slide 15: Local engagement
Local engagement Education The Montessori teaching method has been implemented in 16 community schools Montessori ECDC (Early Childhood Development Center) built at Kounda Primary School, serving 27 children Bursary payments made to 50 students from surrounding communities to promote educational exc
Slide 16: Local engagement
Local engagement Food Security Tractor with equipment donated to Kéniéba Youth Agricultural Project Water system with 8 ponds built - Training provided at Sakola Centre Young entrepreneurs’ farms rehabilitated with 19 water supply system repairs, 11 drip irrigation systems and 5 farms fenced Agricul
Slide 17: Local Engagement Women empowerment
Local Engagement Women empowerment… 20 women from the community have started sewing training at the Women's Multifunctional Center 4 Village Savings and Credit Associations (VSCA) have been established with 114 members Accumulated $5,143 in savings, granted $15,025 in Sewing Training credit, and hav
Slide 18: 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. Tier One Assets must be located in a
Slide 19: Appendix A – Loulo Significant Intercept Table
Appendix A – Loulo Significant Intercept Tablei Interval Width i. All intercepts calculated using a 0.5 g/t Au cutoff and Target IDii Azimuth Dip From To Width (miii) Au (g/t) Interval (m) Au (g/t) (m) (miii) are uncapped; minimum intercept width is 2m; internal dilution is equal to or less than 2m