Harmony Gold Mining Co. Ltd. · JSE:HAR

Harmony Gold Mining — Corporate Update (July 2018)

10 slides from Harmony Gold Mining's corporate update, Jul 23, 2018

  1. Slide 1: FY18 Operational Update

    FY18 OPERATIONAL UPDATE 23 JULY 2018

  2. Slide 2: Harmony delivers operational excellence

    2 HARMONY DELIVERS OPERATIONAL EXCELLENCE  Production guidance achieved – third consecutive year − Gold production of 1.228 million ounces achieved, exceeding annual production guidance of 1.180 million ounces − 14% increase in gold production from South African (SA) operations − Moab Khotsong prod

  3. Slide 3: Safety our first priority – more to be done

    3 SAFETY OUR FIRST PRIORITY – MORE TO BE DONE Group lost time injury frequency rate (LTIFR) 10.00 9.24 9.00 8.00 7.54 7.21 Per million hours worked 7.00 6.23 6.23 6.00 5.00 4.00 3.00 © Harmony 2.00 1.00 0.00 FY14 FY15 FY16 FY17 FY18

  4. Slide 4: Track record of delivering on guidance

    4 TRACK RECORD OF DELIVERING ON GUIDANCE % Production guidance met Operational excellence philosophy 110 Operational excellence philosophy − Safe, predictable production 100 − Asset management and maintenance approach reduces unplanned stoppages 90 − Grade management % 80 70 © Harmony 60 50 FY14 FY1

  5. Slide 5: Consistently improving underground grade

    5 CONSISTENTLY IMPROVING UNDERGROUND GRADE Underground recovered grade 5.75 5.50 Moab Khotsong enhances the quality of our portfolio 5.25 5.20 5.00 5.07 5.02 4.75 g/t 4.77 4.75 4.50 SA excluding 4.54 Moab Khotsong: 5.2g/t 4.25 4.26 4.00 © Harmony 3.75 3.50 FY12 FY13 FY14 FY15 FY16 FY17 FY18* * The 8

  6. Slide 6: Achieving plan and increasing grade beats inflation

    6 ACHIEVING PLAN AND INCREASING GRADE BEATS INFLATION AISC increase below inflation (FY13 base) Cumulative % change from end of FY13 40% 30% 20% 10% 0% © Harmony FY13 FY14 FY15 FY16 FY17 FY18E -10% AISC (R/kg) Inflation index* * South African Consumer Price Index (CPI) (Source: STATS SA)

  7. Slide 7: Hedging Update

    HEDGING UPDATE

  8. Slide 8: Hedging programme topped up

    8 HEDGING PROGRAMME TOPPED UP  Hedging programme summary at 30 June 2018: FY 2019 FY2020 TOTAL H1 H2 H1 H2 Rand Gold Forward Contracts koz 105 94 77 24 300 R'000/kg 660 623 631 640 639 Dollar Gold Forward Contracts koz 48 38 10 - 96 US$/oz 1,290 1,336 1,382 - 1,318 Total Gold Contracts koz 153 132

  9. Slide 9: Safe Harbour Statement – Forward Looking Statements

    9 PRIVATE SECURITIES LITIGATION REFORM ACT SAFE HARBOUR STATEMENT FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act o

  10. Slide 10: Contact Us

    CONTACT US HarmonyIR@harmony.co.za +27 (11) 411 2314/+27 (82) 759 1775

Harmony Gold Mining — Corporate Update (July 2018) on 6ix