Kinross Gold Corporation · TSX:K
Kinross Gold — Shareholder Meeting (May 2025)
9 slides from Kinross Gold's shareholder meeting presentation, May 7, 2025
Slide 1: Annual Shareholder Meeting
Annual Shareholder Meeting May 7th, 2025 Delivering Value Promising Future 1
Slide 2: Cautionary Statement on Forward-Looking Information
Cautionary Statement on Forward-Looking Information All statements, other than statements of historical fact, contained or incorporated by reference in or made in giving this presentation and responses to questions, including but not limited to any information as to the future performance of Kinross
Slide 3: Senior Leadership Team
Senior Leadership Team Paul Andrea Rollinson Geoff Gold Freeborough President Executive Vice- Chief Executive President & Chief Officer Financial Officer Claude Ryan Kathleen Schimper Latinovich Grandy Executive Vice- Executive Vice- Senior Vice- President & Chief President Corporate President, Huma
Slide 4: 2024 Performance Highlights
2024 Performance Highlights Produced 2.13 million gold equivalent ounces Robust margins of $1,373/Au eq. oz. sold(1) Generated record $2.45 billion in operating cash flow(2) and $1.34 billion in Free Cash Flow(3) Strengthened Liquidity(4) and Investment Grade Balance Sheet Returned ~$150 million to
Slide 5: High Quality Portfolio of Assets
High Quality Portfolio of Assets Two top tier(1) mines – Tasiast & Paracatu – account for >50% of production Fort Knox, U.S.A. Manh Choh, U.S.A. 2024A Gold Equivalent Production Great Bear, Canada Curlew, U.S.A Bald Mountain, U.S.A. Round Mountain, U.S.A. 2.13M Tasiast, Mauritania ounces Operations
Slide 6: Q1 2025 Highlights
Q1 2025 Highlights 512,088 oz. gold equivalent On track to achieve full-year production production guidance of 2.0 Moz(3) $1,043/oz Strengthened our cash and Production cost of sales investment grade balance sheet (Au eq. oz. sold)(1) $1,355/oz Reinstated Share Buyback Plan Attributable all-in susta
Slide 7: Commitment to Sustainability
Commitment to Sustainability Top scoring gold mining company in The Globe and Mail’s annual corporate governance survey Spent approximately ~$2.5 billion on goods and services in host countries and aided community development by making approximately $13 million of monetary and in-kind donations comp
Slide 8: Why Kinross?
Why Kinross? Delivering Value Compelling Cash Flow Operational & Technical Excellence ✓ 2024 Free Cash Flow(1) Per Ounce of Total Equivalent Gold Production(1) 2025E FCF Yield %(2) Rigorous Cost & Capital Discipline ✓ $615 $606 7.5% 7.3% 7.0% 6.5% Strong Organic Growth Pipeline ✓ $365 $353 $330 $328
Slide 9: Endnotes
Endnotes 1) Kinross’ outlook, which is reported on an attributable basis including Kinross’ share of Manh Choh (70%), represents forward- looking information and users are cautioned that actual results may vary. Please refer to the Cautionary Statement on Forward- Looking Information on slide 2 of t