Slide 1: Gold Fields ESG and Q1 results presentation
Gold Fields ESG and Q1 results presentation Chris Griffith: CEO 1
Slide 2: Forward Looking Statements
Forward Looking Statements 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 document include
Slide 3: Agenda
Agenda Q1 2022 results highlights Chris Griffith Gold Fields ESG 2022 presentation Chris Griffith Q&A Chris Griffith, Paul Schmidt 3 Gold Fields ESG and Q1 results presentation
Slide 4: Key takeaway message here
KEY TAKEAWAY MESSAGE HERE Gold Fields ESG and Q1 results presentation 4
Slide 5: Highlights for Q1 2022
Highlights for Q1 2022 Solid business performance, despite Covid and inflationary challenges Safety TRIFR of 2.74 (2021: 2.16) ESG Integrated Annual Report, Climate Change Report and Report to Stakeholders released Operations Solid quarter - production up 7% YoY to 580koz Cash generation Free cash-f
Slide 6: A globally diversified gold miner
A globally diversified gold miner Q1 2022 Snapshot Gold Fields Group Mines: 9 Projects: 1 Countries: 5 Att. production: 580koz AIC: US$1,297/oz *Free cash-flow: US$161m West Africa region Mines: Tarkwa, Damang and Asanko Att. production: 191koz AIC: US$1,213/oz Americas region Mine: Cerro Corona (Pe
Slide 7: Q1 2022 Group performance
Q1 2022 Group performance Solid operational performance Group - production and AIC Production increased 7% YoY 640 1400 620 1350 600 580 560 1300 580koz 540 1250 520 1200 500 480 1150 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Production AIC AIC at US$1,320/oz up 6% YoY Q1 2021 Q1 2022 Managed producti
Slide 8: Salares Norte
Salares Norte First gold on track for Q1 2023 Q1 2022 Q4 2021 Total project progress 70% 63% Total construction progress 64% 55% Process plant construction progress 49% 36% Capex US$63m US$134m Pre-strip 10.8Mt 10.1Mt Mining area • First gold on track for Q1 2023 Processing plant overview • Q1 2022
Slide 9: 2022 Outlook and guidance intact
2022 Outlook and guidance intact FY 2022 Group guidance (excluding Asanko) Mining inflation Mining inflation • Attributable equivalent gold production: forecast – forecast – 2.25Moz – 2.29Moz Feb 2022 April 2022 • Costs • AISC: US$1,140/oz – US$1,180/oz Australia 9.4% 10.2% • AIC: US$1,370/oz – US$1
Slide 10: 2022 Environment, Social & Governance (ESG) Update
z 2022 ENVIRONMENT, SOCIAL & GOVERNANCE (ESG) UPDATE
Slide 11: Reminder - Gold Fields' 2030 ESG targets
Reminder - Gold Fields’ 2030 ESG targets 1 DECARBONISATION 2 TAILINGS MANAGEMENT 3 WATER STEWARDSHIP • 50% absolute emission and 30% net • Conformance to the Global Industry • 80% water recycled/reused emission reductions from 2016 baseline Standard on Tailings Management • 45% reduction in freshwat
Slide 12: Decarbonisation
Decarbonisation 12
Slide 13: Decarbonisation: key developments 2021/2022
Decarbonisation Key developments – 2021/2022 2030 • 50% absolute emission and 30% net emission • South Deep 50MW plant on track for reductions from 2016 completion in Q3 2022 targets baseline (Scope 1 and 2) • License received to expand South Deep solar • Net zero emissions plant capacity to 60MW by
Slide 14: Gold Fields GHG emissions profile 2030
Gold Fields GHG emissions profile 2030 Impact of “core” initiatives (kt CO2e) 30% by 2030 reduction only possible with series of transitionary abatement initiatives to offset anticipated growth in emissions -54% 2395 31 264 702 759 120 55 26 28 28 1693 23 23 49 48 33 13 73 78 2030 Target 482 306 118
Slide 15: 2021 Performance
2021 Performance Group carbon emissions and energy performance • Our total carbon emissions rose to 2.26Mt CO2e in 2021 (2022: 2.13Mt CO2e) amid higher gold output • Group energy consumption was 13,900 TJ (2020: 13,130 TJ) • Group energy spending rose to US$341m (US$257m) mainly due to higher diesel
Slide 16: Video - Update on South Deep and Gruyere solar
VIDEO – UPDATE ON South Deep and Gruyere solar
Slide 17: South Deep and Gruyere solar plants in final stages
South Deep and Gruyere solar plants in final stages South Deep 50MW solar plant • 50MW solar plant ready for commissioning in Q3 2022 • Have received approval to raise capacity to 60MW; also examining wind power • R123m in electricity savings and 109kt net emission reductions a year South Deep solar
Slide 18: 100% green electricity at Cerro Corona
100% green electricity at Cerro Corona Cerro Corona electricity supply certified as renewable energy • Cerro Corona’s electricity supplier, Kallpa, supplies 100% renewable electricity to the mine through its Cerro del Aguila hydropower plant • International Renewable Energy Certificate (iREC) receiv
Slide 19: Low-carbon electricity in Ghana
Low-carbon electricity in Ghana Tarkwa and Damang electricity supply is low carbon natural gas • 2016: Installed 95MW of LPG-based electricity generation capacity via an IPP (Genser) to increase supply reliability (and reduce emissions) • Transitioned to natural gas in 2019 • Gas supply via pipeline
Slide 20: Zero Emissions Vehicle (ZEV) trials to replace diesel
Zero Emissions Vehicle (ZEV) trials to replace diesel Proof of concept ZEV truck & LHD trials • ZEV trials started in 2022 at our St Ives (50t haul truck; 18t loader; IT) and Granny Smith (pickup) mines in WA • A Sandvik LH518B ZEV loader is set to start trials at South Deep later this year • ZEV mi
Slide 21: Tailings Management
Tailings Management Gold Fields ESG and Q1 results presentation 21
Slide 22: Tailings management: key developments 2021/2022
Tailings management Key developments – 2021/2022 2030 • Conformance to the Global Industry Standard on Tailings Management (GISTM) by Q3 • Continued industry collaboration on 2025 (and by Q3 2023 for commingling of waste streams, monitoring targets high priority TSFs) technologies, tailings reductio
Slide 23: Water stewardship
Water stewardship Gold Fields ESG and Q1 results presentation 23
Slide 24: Water stewardship: key developments 2021/2022
Water stewardship Key developments – 2021/2022 2030 • 80% water recycled/reused • Freshwater usage declined due to increased recycling at Tarkwa and South Deep. targets • 45% reduction in freshwater use from • Process water is reused for cooling at the power plant and for mixing chemicals at Tarkwa
Slide 25: Performance and targets
Performance and targets WATER - % RECYCLED/REUSED FRESHWATER WITHDRAWAL AND FRESHWATER INTENSITY % 85 GL kL/oz 2030 Target : 80 % 16 8 80 14.5 14.2 14 7 75 12 6 10 10 9.7 70 10 9.4 9.2 5 9 8.9 8.8 8.7 8.4 7.8 8 2030 Target : 7,8 GL 4 65 6 3 60 4 2 55 1 2 50 0 0 2018 2019 2020 2021 2022 2023 2024 202
Slide 26: 2021 Performance
2021 Performance Our total water withdrawal and water intensity programmes support our water stewardship efforts Gold Fields ESG and Q1 results presentation 26
Slide 27: Safety, health, wellbeing & environment
Safety, health, wellbeing & environment 29
Slide 28: Safety, health, wellbeing & environment: key developments
Safety, health, wellbeing & environment Key developments – 2021/2022 2030 • Zero fatalities • Group Safety programmes: Courageous Safety Leadership, Vital Behaviours and Critical Control • Zero serious Management targets injuries • South Deep’s safety strategy better resourced: • Zero serious focus
Slide 29: Improving safety and health performance
Improving safety and health performance Serious & Fatal Serious and fatal injuries & severity rate Severity rate Safety 30 injuries 44 50 • To date 2022: No fatality 25 45 40 32 • No lost-time injuries recorded in Ghana and Australia 20 30 35 30 23 • TRIFR: Q1 2022: 2.74 (2021: 2.16) 15 19 25 26 20
Slide 30: Covid-19
Covid-19 Navigated Covid reasonably well in 2021 and 2022 • Major impact on our people • No Covid-linked deaths in 2022 to date (20 deaths since March 2020) • But very few hospitalisations since September and none since December 2021 • 30koz production impact in Q1 2021, but no impact since then. Mi
Slide 31: Gender diversity
Gender diversity 33
Slide 32: Gender diversity: key developments 2021
Gender diversity Key developments – 2021 • Development of Gold Fields gender pay 2030 30% women representation in our and living wage methodology • Development of the Diversity and targets workforce Inclusion dashboard • Focus on youths and people living with disabilities development • Membership of
Slide 33: Key Diversity, equity and inclusion initiatives in 2022
Key Diversity, equity and inclusion initiatives in 2022 Review of the Diversity and Inclusion Strategy Review of the Group Sexual Harassment policy Independent Review of Workplace Culture Mapping the journey to realise our 2030 gender representation target ICMM Diversity, Equity and Inclusion alignm
Slide 34: Gender safety
Gender safety Context: Sexual harassment & violence experienced by women in mining worldwide • Gold Fields has commissioned an in-depth, independent, Group-wide assessment of our culture, specifically relating to sexual harassment, bullying and discrimination. 2021 outcomes • We are reviewing our cu
Slide 35: Stakeholder value creation
Stakeholder value creation 37
Slide 36: Stakeholder value creation: key developments 2021/2022
Stakeholder value creation Key developments: 2021/2022 30% of total value 2021 Total Value 2030 created benefits host Distribution: *Group value communities distribution US$3.59bn excludes targets corporate and regional offices as 28% Host 6 flagship projects well as projects community value: benefi
Slide 37: 3rd Report to Stakeholders
3rd Report to Stakeholders Highlights from 2021 Report Gold Fields ESG and Q1 results presentation 39
Slide 38: Biodiversity – making good progress in this area
Biodiversity – making good progress in this area Our biodiversity commitments Chinchilla rescue & relocation plan Adherence to all relevant legal and permit We have developed a comprehensive Chinchilla strategy requirements for the protection, relocation and habitat conservation of the endangered sh
Slide 39: Integrated Mine Closure
Integrated Mine Closure Mine closure commitments Damang TSFs revegetation We aim to reduce our environmental, community and Our closed Damang South TSF has been progressively social impacts, optimise our liabilities and, where rehabilitated to establish multi-ecosystem outcomes in possible, enhance
Slide 40: Recognition of our ESG achievements
Recognition of our ESG achievements 2021: 3rd / 70 mining companies Top 30 Responsible Investment Index 2022: 13th / 123 precious metals Inclusion in 2022 Bloomberg gender- companies equality index 2021: “Good performance” in IAR 2021: A rating Awards 2022: E 1, S 1, G 1 2021: WDP A- FTSE4Good 2021:
Slide 41: Thank you
THANK YOU Questions? 43