Slide 1: Sustainability Briefing for Investors
SustainabilityBriefingforInvestors Toronto | June 6, 2018 2018 Sustainability Briefing for Investors | 1 PeterSinclair ChiefSustainability Officer 2018 Sustainability Briefing for Investors | 2
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: Strong sustainability performance in a decentralized model
Strongsustainabilityperformanceina decentralizedmodel Targeting30%reductionͳ inGreenhouse GasEmissionsby2030 Distinctivepartnershipstoprotectand createstakeholdervalue 1. From 2016 baseline 2018 Sustainability Briefing for Investors | 5 ǯ Wep
Slide 4: Commitment to sustainability
KelvinDushnisky President 2018 Sustainability Briefing for Investors | 7 PeterMunk GregWilkins ʹͲͲʹǦʹͲͲ 2018 Sustainability Briefing for Investors | 8
Slide 5: Corporate Responsibility Committee and CSR Advisory Board
Corporate Responsibility (CR) Committee – Key functions report into CR Committee – Substantial time allotted at Board Level – Chair very active visiting sites CSR Advisory Board – Exceptional, independent advice on a range of complex issues – Two meetings per year, one
Slide 6: Catherine Raw, Chief Financial Officer
2018 Sustainability Briefing for Investors | 11 CatherineRaw ChiefFinancial Officer 2018 Sustainability Briefing for Investors | 12
Slide 7: Good business and investor expectations
GoodBusiness Reduces risk Protects value Creates opportunities – Partner of Choice ABX InvestorExpectations Increased investor focus on ESG matters, including climate change Demand for greater transparency and improved disclosure 2018 Sustainability Briefing for Inve
Slide 8: CSR metrics and compensation
CSRMetricsand Energyand Improved Compensation ClimateChange Disclosure Minesite Short-term Incentive Bonus 30%targeted OverhauledProxy reductionͳ ǡ Safety 40% Environment ʹͲ͵Ͳ Ǧ & Compliance 1
Slide 9: Autonomy of General Managers and Executive Directors
Golden Sunlight Hemlo Porgera Turquoise Ridge Barrick Nevada Jabal Sayid Bulyanhulu + Tulawaka Acacia Porgera Lagunas Norte Pueblo Viejo Lumwana Zaldívar Veladero KCGM 2018 Sustainability Briefing for Investors | 17 Autonomy of General Managers and
Slide 10: Joint venture partnerships
Porgera JabalSayid Veladero Zaldívar JVwithZijin in JVwithMaaden JVwithShandong JVwithAntofagasta PapuaNewGuinea inSaudiArabia GoldinArgentina inChile Joint Venture Operations Group formed Managed from both operational and a license-to-operate perspective 2018 Sustainabilit
Slide 11: Environmental incidents and safety
Golden Sunlight Hemlo Turquoise Ridge Barrick Nevada Jabal Sayid Porgera Bulyanhulu + Tulawaka Acacia Porgera Lagunas Norte Pueblo Viejo Lumwana Zaldívar Veladero KCGM 2018 Sustainability Briefing for Investors | 21 ʹͲͳͳ LocalEmployees Nati
Slide 12: Strong LTO and sustainability performance
Strong LTO and sustainability performance Minimizes risks and enables future growth Empowers people and communities 2018 Sustainability Briefing for Investors | 23 SustainabilityBriefingforInvestors Toronto | June 6, 2018 2018 Sustainability Briefing for Investors | 24
Slide 13: Veladero, Argentina
Ȃ ǡ JimWhittaker CEO,GeneralManager 2018 Sustainability Briefing for Investors | 25 Located above 4,000 meters 50/50 joint venture operation with Shandong Gold Focused on operational improvements and community relations CHILE ARGENTINA Veladero La Serena Coqu
Slide 14: Government views mining as important economic engine
Government views mining as important economic engine San Juan province rated #3 in Latin America for investment attractiveness* Veladero focused on operational improvements and rebuilding relationships * 2017 Fraser Institute Annual Survey 2018 Sustainability Briefing
Slide 15: Operational changes and improvements
Investments Improving Looking in2017 Transparency Forward $200Minpurchases Sitevisits Sustainandgrow 100+newlocal1 hires PubliclyǦaccessible stakeholdersupport Digitaltraining camerasonleachpad Manageorganizational programwithCisco changes 1. An agreed definition of “local” is e
Slide 16: Pueblo Viejo, Dominican Republic
ǡ JuanaBarcelo ExecutiveDirector, BarrickPuebloViejo 2018 Sustainability Briefing for Investors | 31 State-run from 1979 to 1999, left behind a difficult environmental ATLANTIC OCEAN legacy Pueblo Viejo Dominicana awarded mining rights and Special Lease Agre
Slide 17: Major part of the Dominican Republic's economy
Ȃ Major part of the Future success at Pueblo Viejo Dominican Republic’s relies on strong community and economy government relationships 271% Accountsfor growthinmining 14.6% of sectorbetween totalgrowthin 2013Ǧ2017 economy $1.6B PuebloViejois intaxespaidto thelargesttax
Slide 18: Community water monitoring and public education
Ȃ Prior to construction, 400 families were compensated and/or relocated Since construction, significant increase in new settlements La Cerca and Las Lagunas settlements in 2007 Influx is putting a strain on relationships and services, including water and other infrastru
Slide 19: Local hiring and benefits with communities
Ȃ LocalHiring LocalEconomy RealImpacts 95%ofworkforceis $20millionpurchased 18%decreaseinpoverty Dominican fromlocalbusinesses rateinSanchezRamirez 2000+goodǦpayingjobs 1000%increaseinlocal Electricityto19 businessessinceour communities arrival 1. An agreed de
Slide 20: Barrick Nevada
Ȃ MichaelBrown President, BarrickGoldUSA 2018 Sustainability Briefing for Investors | 39 Ȃ Protect Advance Foster ouroperations, developmentprojects apositivebusiness workforce,and andotherpriorities climateforBarrick communities 2018 Sustai
Slide 21: Regulation in Nevada
ǣ Regulation is shared by federal and state governments Permitting includes broad public participation rights Support for our operations rely on engaging in wider public policy issues Bureau of Indian Affairs Bureau of Land Management Bureau of Reclamation Department of Defense Fish
Slide 22: Business presence in Henderson, Nevada
Business presence established in Henderson, Nevada Partnerships with leading businesses, local Chambers, and other networks 2018 Sustainability Briefing for Investors | 43 #1 issue for the State of Nevada Partner with Communities in Schools in Las Vega
Slide 23: Positioned as an All Nevada company
Positioned as an “All Nevada” company Localized Barrick in the minds of policymakers Recognition: Education Hero Award from Public Education Foundation; Corporation of the Year from Latin Chamber of Commerce 2018 Sustainability Briefing for Investors | 45 Ȃ
Slide 24: Purpose
Ȃ Purpose Efficient access to strategic resources Enable community involvement and support Positive legacy and contribution to the region 2018 Sustainability Briefing for Investors | 47 Ȃ Pilot project with supply chain team to develop CSR
Slide 25: Western Shoshone Scholarship Foundation
Ȃ Western Shoshone Scholarship Foundation Celebrating 10-year anniversary this month 1,410 scholarships awarded $3.1M in awards dispersed Launch Western Shoshone Scholarship Foundation Alumni Association Establish alumni careers network to support each other as their
Slide 26: Support the business through partnerships and engagement
ʹͲͳͺ Goal remains to support the business through partnerships and engagement with our host communities Enabled by win-win partnerships that can leave a positive legacy Especially important as Barrick Nevada enters into a significant permitting period 2018 Sustainability Br
Slide 27: Our Vision
Ȃ OurVision ShapingNevada’sminingfuturethroughtalentdevelopment,digital transformation,innovationandpartnershipstodriveoursuccessinto thenextcentury 2018 Sustainability Briefing for Investors | 53 Ȃ Resource to Reserve Conversion Exploration Decline Portal 2016/17 M
Slide 28: People, training, mechanics
~3,000 People 2018 Sustainability Briefing for Investors | 55 Training Students and Mechanics Interns Networking Employee Academy Volunteering 2018 Sustainability Briefing for Investors | 56
Slide 29: Barrick Nevada Our Future
Ȃ OurFuture ShapingNevada’sminingfuturethroughtalentdevelopment,digital transformation,innovationandpartnershipstodriveoursuccessinto thenextcentury Attracting and retaining talent by investing in the next generation Creating lasting partnerships within our communities 2018 Sustainabi
Slide 30: Corporate Responsibility Committee of the Board
NancyLockhart BoardofDirectors andChairCorporate Responsibility Committee 2018 Sustainability Briefing for Investors | 59 Purpose TheCorporateResponsibilityCommitteeoftheBoardofDirectorsassiststhe BoardinoverseeingtheCompany’senvironmental,safetyan
Slide 31: Site visits and stakeholder engagement
ǡ ǡ JabalSayid, Porgera, ShandongGold, Visibleemphasisonsafety Complexoperating BriefingwithShandong Innovativetechnology environment leadership toreducefreshwateruse Communitypartnerships Mi
Slide 32: Advisory Board
RobertFowler BarrickCSR AdvisoryBoard 2018 Sustainability Briefing for Investors | 63 AdvisoryBoardmandate:Engagewithseniormanagementinconstructive discussionandlessonǦsharing,providingintelligenceonemergingtrends,and guidanceonbestpracticeinso
Slide 33: Advisory Board
Formed in 2012 Twice-yearly meetings Advises on a range of sustainability issues 2018 Sustainability Briefing for Investors | 65 2018 Sustainability Briefing for Investors | 66
Slide 34: 2018 Sustainability Briefing for Investors
2018 Sustainability Briefing for Investors | 67 2018 Sustainability Briefing for Investors | 68
Slide 35: Advisory Board
AdvisoryBoardmandate:Engagewithseniormanagementinconstructive discussionandlessonǦsharing,providingintelligenceonemergingtrends,and guidanceonbestpracticeinsocialandenvironmentalperformance. 2018 Sustainability Briefing for Investors | 69 The