Slide 1: Newmont to Acquire Newcrest
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 1 CREATING VALUE & IMPROVING LIVES THROUGH SUSTAINABLE, RESPONSIBLE MINING Newmont to Acquire Newcrest Tom Palmer, President & CEO MAY 15, 2023
Slide 2: Cautionary Statement Regarding Forward-Looking Statements
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST 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 S
Slide 3: Additional Information About the Transaction and Where to Find It
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST 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 solicitati
Slide 4: Newcrest Acquisition Underpinned by Clear Strategy
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 4 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 Ass
Slide 5: The New Sustainability Standard
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 5 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 & Op
Slide 6: Sustainability milestones timeline
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 6 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 commi
Slide 7: Portfolio of 10 Tier 1 Assets with Gold & Copper Exposure
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 7 TIER 1 OPERATIONS WITH GOLD & COPPER EXPOSURE PORTFOLIO OF TIER 1 ASSETS 10 ~2/3 of total gold production from Tier 1 assets STABLE MINING JURISDICTIONS ~80% Gold production from the Americas and Australia DOUBLING
Slide 8: Combines Two of Australia's Top Gold Producers
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 8 TANAMI BODDINGTON CADIA TELFER COMBINES TWO OF AUSTRALIA’S TOP GOLD PRODUCERS Leverages Newmont’s Scalable Operating Model & Combined Talent = Operation = Tier 1 Asset* *See endnotes re definition of Tier 1 asset.
Slide 9: Integrating a Tier 1 Gold Mine in Papua New Guinea
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 9 INTEGRATING A TIER 1 GOLD MINE IN PAPUA NEW GUINEA Growth from the World-Class Wafi-Golpu Project MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST LIHIR WAFI-GOLPU JV = Tier 1 Asset* *See endnotes re def
Slide 10: Strengthens Newmont's Position in Canada
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 10 STRENGTHENS NEWMONT’S POSITION IN CANADA Building Tier 1 District in British Columbia’s Highly-Prospective Golden Triangle MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST PORCUPINE ÉLÉONORE MUSSELWHITE
Slide 11: Proven Track Record of Delivering Synergies
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 11 G&A Supply Chain Full Potential $200M $500M $200M $100M See endnotes re synergies and Full Potential. PROVEN TRACK RECORD OF DELIVERING SYNERGIES $500M of Annual Synergies Expected Within 24 Months
Slide 12: Disciplined Capital Allocation Strategy Unchanged
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 12 DISCIPLINED CAPITAL ALLOCATION STRATEGY UNCHANGED Committed to Industry-Leading Dividend Framework BALANCED CAPITAL ALLOCATION STRATEGY MAINTAINING FINANCIAL FLEXIBILITY Sustain an Investment-Grade Balance Sheet wi
Slide 13: Recommended Share-for-Share Transaction
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 13 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
Slide 14: The New Sustainability Standard
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 14 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 & O
Slide 15: Appendix
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 15 Appendix
Slide 16: Endnotes
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 16 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. Inve
Slide 17: Endnotes: Cautionary Statement Regarding Reserve and Resource Estimates
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 17 Endnotes Cautionary Statement Regarding Reserve and Resource Estimates: The reserves stated herein were prepared in compliance with Subpart 1300 of Regulation S-K adopted by the United States Securities and Exchang
Slide 18: Endnotes: Reserve and Resource Estimates (cont.)
MAY 2023 INVESTOR PRESENTATION – NEWMONT TO ACQUIRE NEWCREST NEW MONT CORP ORATION 18 Endnotes 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, si