Slide 1: Africa’s Largest and Greenest Gold Mine Continues to Deliver Growth…
Operated by Africa’s Largest and Greenest Gold Mine Continues to Deliver Growth… Kinshasa, July 2025
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 our strategy, projects, plans or future financial or operating performance, constitutes “forward-looking statements”. All statements, o
Slide 3: A world class portfolio of Tier One gold assets and doubling copper exposure by 2029
A world class Best portfolio of Tier One1 gold assets and doubling copper exposure by 2029i Gold and Copper mining company… 14 Gold mines – including 6 top Tier One1 3 Copper mines Significant gold and copper growth projects Copper AME 79% Gold AME 37% Gold NA 46% Gold Latam & AP 17% Copper Latam &
Slide 4: Built a flagship gold mine in the DRC…
Built a flagship gold mine in the DRC… 2010 to date Gold Price US$/oz Social upliftment - built and maintain over 300km of road, including connection to Ugandan border 3000 2024 Exploration accelerates growth in Tier One corridor 2010 2023 2500 Mineral reserve doubled to >10Mozi Sept 2013 Re-introdu
Slide 5: Progress towards our business plan..
Progress towards our business plan.. Kibali production on track to meet guidance Kibali leads Barrick’s green energy drive - 16 MW solar plant and battery storage system adds to 3 hydropower stations increasing renewable component of energy mix from 81% to 85% Multiple partnerships with local busi
Slide 6: Health and safety…
Health and safety… Safety 1 MTI and 1 LTI recorded 7 LTIFR5 HOD and Supervisor-led team coaching and field engagement. Awareness of stored energy and line-of-fire 6 hazards was raised during toolbox talks and coaching sessions. 5 HOD cross-functional inspections focused on stored energy and line-of-
Slide 7: Operational update…
Operational update… Processing Year-to-date throughput above forecast and on track to Throughput Per Quarter (Tonnes)i MT % meet full-year guidance 2,500 Tonnes processed Weighted Recovery 100 Continued optimisation including the integration of new 90 technology, such as BlueCube online gold analysi
Slide 8: Exploration demonstrates potential for further growth…
KZ trend Ikamva N Kalimva KZ North Exploration demonstrates Oere potential for further growth… Potential for significant discoveries along the +50km KZ trend, within trucking distance of the Kibali plant Lulu ARK corridor continues to highlight multiple OC & UG discovery Kibali Basin opportunities w
Slide 9: Environmentally focused…Q2 2025
Environmentally focused…Q2 2025 Successful external audit in support of International Cyanide m³/Tonne Fresh Water Abstracted Management Institute (ICMI) guidelines: Official certificate to be issued by 1.2 Mid-July 2025 Per Tonne of Ore Treated New CTSF3 construction completed – will be operational
Slide 10: Hydroelectric power generation…2025
Hydroelectric power generation…2025 Q2 2025 hydroelectric power blend averaged 70.2% Generating an average of 40.83 MW power at an average cost of 0.253 $/kWh MW Kibali Power Generation US$/kWh 50 0.300 45 Diesel Hydro PV and BESS Cost 0.250 40 35 0.200 30 25 0.150 20 0.100 15 10 0.050 5 0 0.000 Feb
Slide 11: Powering our green agenda…
Powering our green agenda… 2015 to 2017: Nzoro hydro station capacity of ~22 MW, increasing hydro energy blend to ~55% transition to renewable energy 2017: Ambarau hydro station online with ~11MW installed capacity 100% 2018: Azambi hydro station energized with ~11MW 90% SOLAR installed capacity, in
Slide 12: Commitment to employment of nationals…
Commitment to employment of nationals… World class operations led by a world-class team Majority of Kibali senior management team are Congolese National Casuals & Interns Expat Employees 153 (2%) Expat Contractors Expatriates: 164 (2%) 136 (2%) (300) 3% National Employees 2,029 (30%) National Contra
Slide 13: Investment in human capital…
Investment in human capital… Barrick Academy leadership training The Barrick Academy continues to develop employees' leadership potential, aligning their skills with company objectives by tailoring programs to address specific challenges and goals As of June 15th, 2025, Kibali has sent 143 employees
Slide 14: World-class business built with local partners…
World-class business built with local partners… Local Content Progress Advancing our local content strategy through strong collaboration with all government authorities, ensuring transparency and compliance Key developments include: Local contractors now building gas production facilities - demonstr
Slide 15: Community development...
Community development... Education / capacity building 6 new classrooms built in Avokala, equally split between primary & secondary schools 5 new primary schools completed under the 3 endowments in Yayi, Kipaku, Ndolomo, Makoke, and Ndala. Construction of new maternity wing at Avokala Hospital Healt
Slide 16: Investing for the Future 2025 and beyond…
Investing for the Future 2025 and beyond… World class exploration programs continue Kibali’s Tier One1 status as we continue to replace depleted reserves and extend mine life Continue to build on foundation to expand gold and copper exploration in the DRC Fast track next steps in automation drive in
Slide 17: Endnotes
Endnotes 1. A Tier One Gold Asset is an asset with a $1,300/oz reserve with potential for 5 million ounces to support a minimum 10-year life, annual production of at least 500,000 ounces of gold, and with all-in sustaining costs per ounce life-of-mine that are in the lower half of the industry cost