Slide 1: Investor Presentation: Creating Value & Improving Lives
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 1 Investor Presentation CREATING VALUE & IMPROVING LIVES MAY 2023 THROUGH SUSTAINABLE, RESPONSIBLE MINING
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 2 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
Slide 3: Additional Information About the Transaction and Where to Find It
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 3 ADDITIONAL INFORMATION ABOUT THE TRANSACTION AND WHERE TO FIND IT This presentation is not an offer to purchase or exchange nor a solicitation of an offer to sell securities of Newmont or Newcrest nor the solicitation of any vote or approval in
Slide 4: Acquisition of Newcrest
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 4 Acquisition of Newcrest CREATING VALUE & IMPROVING LIVES THROUGH SUSTAINABLE, RESPONSIBLE MINING
Slide 5: Newmont Is the World's Leading Gold Company
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 5 NEWMONT IS THE WORLD’S LEADING GOLD COMPANY COMMITMENT TO LEADING ESG PRACTICES Creating value and improving lives for all stakeholders INDUSTRY LEADING PORTFOLIO World-class assets in top-tier jurisdictions PROVEN OPERATING MODEL Experienced le
Slide 6: Industry's Best Commodity Mix of Gold-Copper Assets
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 6 Industry’s Best Commodity Mix of Gold-Copper Assets STRATEGIC DRIVERS NEWCREST PORTFOLIO NEWMONT 2050 See endnotes re the proposed Newcrest transaction and definition of Tier 1 asset. Leading Portfolio of Tier 1 Assets & Projects World’s Most Fa
Slide 7: The New Sustainability Standard
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 7 The New SUSTAINABILITY STANDARD The Gold Sector’s Recognized Sustainability Leader World-Class PORTFOLIO 10 Tier 1 Operations with Gold & Copper Exposure Delivering SYNERGIES Proven Track Record of Newmont Team & Operating Model Driving CAPITAL
Slide 8: Sustainability milestones timeline
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 8 2001 Founding member of ICMM 2003 Founding member of Partnering Against Corruption Initiative 2003-2004 Supporter of Extractive Industries Transparency Initiative 2004 Established Safety & Sustainability Board committee 2004 First sustainability
Slide 9: ESG ratings and rankings
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 9 SAM S&P (DJSI) 100% Percentile ranking global metals and mining sector SUSTAINALYTICS 20 ESG Risk Rating measures exposure and management of material ESG risks* TRANSPARENCY #1 Most transparent company in S&P 500; Bloomberg ESG Disclosure Score
Slide 10: Combined Tier 1 asset portfolio
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 10 TANAMI See endnotes re definition of Tier 1 asset and past performance. *Newmont’s minority ownership interest is 38.5% of Nevada Gold Mines and 40% of Pueblo Viejo; Newcrest’s minority ownership interest is 32% of Fruta Del Norte. ** Amounts p
Slide 11: Combined project pipeline by development stage
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 11 CONCEPTUAL / SCOPING PREFEASIBILITY / FEASIBILITY DEFINITIVE FEASIBILITY EXECUTION Sabajo Extension (Merian) Subika Underground Growth (Ahafo) Cerro Negro District Expansions 2 Saddle North Gold (~40%) and Copper (~60%) Cerro Negro District Exp
Slide 12: Leverages Newmont's Scalable Operating Model & Combined Talent
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 12 Leverages Newmont’s Scalable Operating Model & Combined Talent ▪ Long history and shared heritage in Australia; Newmont established the subsidiary in 1966 that would become Newcrest 25 years later ▪ Combines two of Australia’s top gold miners t
Slide 13: Growth from the World-Class Wafi-Golpu Project
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 13 Growth from the World-Class Wafi-Golpu Project ▪ Lihir is one of the world’s top gold mines with a track record of stable production and near-mine organic growth opportunities ▪ Wafi-Golpu project adds gold and copper optionality with several o
Slide 14: Building Tier 1 District in British Columbia's Golden Triangle
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 14 Building Tier 1 District in British Columbia’s Highly-Prospective Golden Triangle ÉLÉONORE PORCUPINE MUSSELWHITE RED CHRIS BRUCEJACK SADDLE NORTH GALORE CREEK ▪ Solidifies leadership position in Canada through 5 operating mines and development
Slide 15: $500M of Annual Synergies Expected Within 24 Months
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 15 G&A Supply Chain Full Potential $200M $500M $200M $100M ▪ Completed due diligence process to identify and validate synergies ▪ G&A synergies and supply chain optimization: – Scalable operating model with existing regional teams in Australia and
Slide 16: Disciplined Capital Allocation Strategy Unchanged
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 16 DISCIPLINED CAPITAL ALLOCATION STRATEGY UNCHANGED BALANCED CAPITAL ALLOCATION STRATEGY MAINTAINING FINANCIAL FLEXIBILITY Sustain an Investment-Grade Balance Sheet with Strength & Flexibility INVESTING IN SUSTAINABLE PRODUCTION Reinvest in the B
Slide 17: Newcrest Transaction Summary
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 17 RECOMMENDED SHARE-FOR-SHARE TRANSACTION ▪ Newmont to acquire all outstanding Newcrest equity at an exchange ratio of 0.400x of a Newmont share (or 0.400 Newmont CDIs) for each Newcrest share ▪ Newcrest to fund and pay to its shareholders a spec
Slide 18: Endnotes
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 70 Endnotes Investors are encouraged to read the information contained in this presentation in conjunction with the most recent Form 10-Q for the quarter ended March 31, 2023 filed with the SEC on April 27, 2023. Investors are reminded that expect
Slide 19: Endnotes: Reserve and Resource Estimates
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 71 Endnotes Cautionary Statement Regarding Reserve and Resource Estimates (cont.): Estimates of Proven and Probable reserves are subject to considerable uncertainty. Such estimates are, or will be, to a large extent, based on the prices of gold, s
Slide 20: Endnotes: Synergies
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 72 Endnotes Synergies. Synergies and value creation as used in this presentation is a management estimate provided for illustrative purposes and should not be considered a GAAP or non-GAAP financial measure. Synergies represent management’s combin
Slide 21: Endnotes: Non-GAAP Metrics
MAY 2023 INVESTOR PRESENTATION NEW MONT CORP ORATION 73 Endnotes Non-GAAP Metrics Adjusted Net Income. Adjusted Net Income is a non-GAAP metric. Adjusted Net Income per share refers to Adjusted Net Income per diluted share. See appendix or more information and reconciliation to the nearest GAAP metr