Barrick Mining Corporation · TSX:ABX

Barrick Mining — ESG Presentation (June 2018)

35 slides from Barrick Mining's sustainability presentation, Jun 6, 2018

  1. Slide 1: Sustainability Briefing for Investors

    SustainabilityBriefingforInvestors Toronto | June 6, 2018 2018 Sustainability Briefing for Investors | 1 —•–ƒ‹ƒ„‹Ž‹–›”‹‡ˆ‹‰ˆ‘” ˜‡•–‘”• PeterSinclair ChiefSustainability Officer 2018 Sustainability Briefing for Investors | 2

  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

  3. Slide 3: Strong sustainability performance in a decentralized model

    —•–ƒ‹ƒ„‹Ž‹–›”‹‡ˆ‹‰ˆ‘” ˜‡•–‘”• Strongsustainabilityperformanceina decentralizedmodel Targeting30%reductionͳ inGreenhouse GasEmissionsby2030 Distinctivepartnershipstoprotectand createstakeholdervalue 1. From 2016 baseline 2018 Sustainability Briefing for Investors | 5 ƒ””‹ ǯ•—•–ƒ‹ƒ„‹Ž‹–›‹•‹‘ Wep

  4. Slide 4: Commitment to sustainability

    —”‘‹–‡––‘—•–ƒ‹ƒ„‹Ž‹–› KelvinDushnisky President 2018 Sustainability Briefing for Investors | 7 —”‘‹–‡––‘—•–ƒ‹ƒ„‹Ž‹–› PeterMunk GregWilkins ‘—†‡” ”‡•‹†‡–ƒ†ʹͲͲʹǦʹͲͲ͹ 2018 Sustainability Briefing for Investors | 8

  5. Slide 5: Corporate Responsibility Committee and CSR Advisory Board

    —”‘‹–‡––‘—•–ƒ‹ƒ„‹Ž‹–› ƒ Corporate Responsibility (CR) Committee – Key functions report into CR Committee – Substantial time allotted at Board Level – Chair very active visiting sites ƒ CSR Advisory Board – Exceptional, independent advice on a range of complex issues – Two meetings per year, one

  6. Slide 6: Catherine Raw, Chief Financial Officer

    —”‘‹–‡––‘—•–ƒ‹ƒ„‹Ž‹–› 2018 Sustainability Briefing for Investors | 11 ‹ƒ ‡ƒ†—•–ƒ‹ƒ„‹Ž‹–› CatherineRaw ChiefFinancial Officer 2018 Sustainability Briefing for Investors | 12

  7. Slide 7: Good business and investor expectations

    ‹ƒ ‡ƒ†—•–ƒ‹ƒ„‹Ž‹–› GoodBusiness ƒ Reduces risk ƒ Protects value ƒ Creates opportunities – Partner of Choice ABX InvestorExpectations ƒ Increased investor focus on ESG matters, including climate change ƒ Demand for greater transparency and improved disclosure 2018 Sustainability Briefing for Inve

  8. Slide 8: CSR metrics and compensation

    ‹ƒ ‡ƒ†—•–ƒ‹ƒ„‹Ž‹–› CSRMetricsand Energyand Improved Compensation ClimateChange Disclosure Minesite Short-term Incentive Bonus 30%targeted OverhauledProxy–‘ reductionͳ –‘ ‹’”‘˜‡–”ƒ•’ƒ”‡ ›ǡ Safety ‡‹••‹‘•„› Œ‘‹‡†ƒ•ˆ‘” ‡‘ 40% Environment ʹͲ͵Ͳ Ž‹ƒ–‡Ǧ”‡Žƒ–‡† & Compliance ‹ƒ ‹ƒŽ‹• Ž‘•—”‡• 1

  9. Slide 9: Autonomy of General Managers and Executive Directors

    ‡‹‘”‡ƒ†‡”•Š‹’‘އ•ƒ–ƒ””‹  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 ‡ ‡–”ƒŽ‹œ‡†’‡”ƒ–‹‰‘†‡Ž Autonomy of General Managers and

  10. Slide 10: Joint venture partnerships

    ‘‹–‡–—”‡ƒ”–‡”•Š‹’• Porgera JabalSayid Veladero Zaldívar JVwithZijin in JVwithMaaden JVwithShandong JVwithAntofagasta PapuaNewGuinea inSaudiArabia GoldinArgentina inChile ƒ Joint Venture Operations Group formed ƒ Managed from both operational and a license-to-operate perspective 2018 Sustainabilit

  11. Slide 11: Environmental incidents and safety

    ‡‹‘”‡ƒ†‡”•Š‹’‘އ•ƒ–ƒ””‹  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 ‘ ƒŽ’Ž‘›‡–ƒ†‘ ƒŽ”‘ —”‡‡–‹ʹͲͳ͹ͳ LocalEmployees Nati

  12. Slide 12: Strong LTO and sustainability performance

    ’‡”ƒ–‹‘•ƒ†—•–ƒ‹ƒ„‹Ž‹–› Strong LTO and sustainability performance ƒ Minimizes risks and enables future growth ƒ Empowers people and communities 2018 Sustainability Briefing for Investors | 23 SustainabilityBriefingforInvestors Toronto | June 6, 2018 2018 Sustainability Briefing for Investors | 24

  13. Slide 13: Veladero, Argentina

    ‡Žƒ†‡”‘ Ȃ ƒ —ƒǡ”‰‡–‹ƒ JimWhittaker CEO,GeneralManager 2018 Sustainability Briefing for Investors | 25 Ї‡Žƒ†‡”‘‹‡ ƒ Located above 4,000 meters ƒ 50/50 joint venture operation with Shandong Gold ƒ Focused on operational improvements and community relations CHILE ARGENTINA Veladero La Serena Coqu

  14. Slide 14: Government views mining as important economic engine

    ‹‹‰‹”‰‡–‹ƒƒ†ƒ —ƒ ƒ Government views mining as important economic engine ƒ San Juan province rated #3 in Latin America for investment attractiveness* ƒ Veladero focused on operational improvements and rebuilding relationships * 2017 Fraser Institute Annual Survey 2018 Sustainability Briefing

  15. Slide 15: Operational changes and improvements

    ‘—‹–›‡Žƒ–‹‘•Š‹’• 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

  16. Slide 16: Pueblo Viejo, Dominican Republic

    —‡„Ž‘‹‡Œ‘ǡ‘‹‹ ƒ‡’—„Ž‹ JuanaBarcelo ExecutiveDirector, BarrickPuebloViejo 2018 Sustainability Briefing for Investors | 31 Ї—‡„Ž‘‹‡Œ‘‹‡ ƒ State-run from 1979 to 1999, left behind a difficult environmental ATLANTIC OCEAN legacy ƒ Pueblo Viejo Dominicana awarded mining rights and Special Lease Agre

  17. Slide 17: Major part of the Dominican Republic's economy

    —‡„Ž‘‹‡Œ‘Ȃ ‘”Ž†Žƒ••’‡”ƒ–‹‘ ƒ Major part of the ƒ 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

  18. Slide 18: Community water monitoring and public education

    —‡„Ž‘‹‡Œ‘Ȃ ‘—‹–› ˆŽ—š ƒ Prior to construction, 400 families were compensated and/or relocated ƒ Since construction, significant increase in new settlements La Cerca and Las Lagunas settlements in 2007 ƒ Influx is putting a strain on relationships and services, including water and other infrastru

  19. Slide 19: Local hiring and benefits with communities

    —‡„Ž‘‹‡Œ‘Ȃ Šƒ”‹‰–Ї‡‡ˆ‹–•™‹–Š‘—‹–‹‡• LocalHiring LocalEconomy RealImpacts 95%ofworkforceis $20millionpurchased 18%decreaseinpoverty Dominican fromlocalbusinesses rateinSanchezRamirez 2000+goodǦpayingjobs 1000%increaseinlocal Electricityto19 businessessinceour communities arrival 1. An agreed de

  20. Slide 20: Barrick Nevada

    ƒ””‹ ‡˜ƒ†ƒȂ ‡”‡ˆ‘”–Ї‘‰‡” MichaelBrown President, BarrickGoldUSA 2018 Sustainability Briefing for Investors | 39 ƒ””‹ ‡˜ƒ†ƒȂ ‹ ‡•‡–‘’‡”ƒ–‡‹••‹‘ Protect Advance Foster ouroperations, developmentprojects apositivebusiness workforce,and andotherpriorities climateforBarrick communities 2018 Sustai

  21. Slide 21: Regulation in Nevada

    ‹‹‰‘–‡š–ǣ ƒ Regulation is shared by federal and state governments ƒ Permitting includes broad public participation rights ƒ 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

  22. Slide 22: Business presence in Henderson, Nevada

    ƒ””‹ ‹‘—–Ї”‡˜ƒ†ƒ ƒ Business presence established in Henderson, Nevada ƒ Partnerships with leading businesses, local Chambers, and other networks 2018 Sustainability Briefing for Investors | 43 ˜‡•–‹‰‹†— ƒ–‹‘ ƒ #1 issue for the State of Nevada ƒ Partner with Communities in Schools in Las Vega

  23. Slide 23: Positioned as an All Nevada company

    ”‘‰”‡••‘ƒ–‡ ƒ Positioned as an “All Nevada” company ƒ Localized Barrick in the minds of policymakers ƒ Recognition: Education Hero Award from Public Education Foundation; Corporation of the Year from Latin Chamber of Commerce 2018 Sustainability Briefing for Investors | 45 ƒ””‹ ‡˜ƒ†ƒȂ ‘”’‘”ƒ–‡‘ ‹ƒŽ

  24. Slide 24: Purpose

    Ȃ –”ƒ–‡‰‹ ’’”‘ƒ Š Purpose ƒ Efficient access to strategic resources ƒ Enable community involvement and support ƒ Positive legacy and contribution to the region 2018 Sustainability Briefing for Investors | 47 ƒ”–‡”•Š‹’•Ȃ —’’Ž›Šƒ‹ƒ†Š‡‹”—’’Ž‹‡”• ƒ Pilot project with supply chain team to develop CSR

  25. Slide 25: Western Shoshone Scholarship Foundation

    ƒ”–‡”•Š‹’•Ȃ ‡•–‡”Š‘•Š‘‡ Western Shoshone Scholarship Foundation ƒ Celebrating 10-year anniversary this month ƒ 1,410 scholarships awarded ƒ $3.1M in awards dispersed Launch Western Shoshone Scholarship Foundation Alumni Association ƒ Establish alumni careers network to support each other as their

  26. Slide 26: Support the business through partnerships and engagement

    ”‹‘”‹–‹‡•ˆ‘”ʹͲͳͺƒ†‡›‘† ƒ Goal remains to support the business through partnerships and engagement with our host communities ƒ Enabled by win-win partnerships that can leave a positive legacy ƒ Especially important as Barrick Nevada enters into a significant permitting period 2018 Sustainability Br

  27. Slide 27: Our Vision

    ƒ””‹ ‡˜ƒ†ƒȂ OurVision ShapingNevada’sminingfuturethroughtalentdevelopment,digital transformation,innovationandpartnershipstodriveoursuccessinto thenextcentury 2018 Sustainability Briefing for Investors | 53 ”‰ƒ‹ ”‘Œ‡ –•Ȃ ‘ކ”—•Š Resource to Reserve Conversion Exploration Decline Portal ƒ 2016/17 M

  28. Slide 28: People, training, mechanics

    ‘”ˆ‘” ‡—Ž–—”‡ƒ†‘–‡š– ~3,000 People 2018 Sustainability Briefing for Investors | 55 ˜‡•–‹‰‹‡‘’އƒ†‘—‹–‹‡• Training Students and Mechanics Interns Networking Employee Academy Volunteering 2018 Sustainability Briefing for Investors | 56

  29. Slide 29: Barrick Nevada Our Future

    ƒ””‹ ‡˜ƒ†ƒȂ OurFuture ShapingNevada’sminingfuturethroughtalentdevelopment,digital transformation,innovationandpartnershipstodriveoursuccessinto thenextcentury ƒ Attracting and retaining talent by investing in the next generation ƒ Creating lasting partnerships within our communities 2018 Sustainabi

  30. Slide 30: Corporate Responsibility Committee of the Board

    ‘ƒ”†‡”•’‡ –‹˜‡ NancyLockhart BoardofDirectors andChairCorporate Responsibility Committee 2018 Sustainability Briefing for Investors | 59 „‘—––Ї‘”’‘”ƒ–‡‡•’‘•‹„‹Ž‹–›‘‹––‡‡ Purpose TheCorporateResponsibilityCommitteeoftheBoardofDirectorsassiststhe BoardinoverseeingtheCompany’senvironmental,safetyan

  31. Slide 31: Site visits and stakeholder engagement

    ‹–‡‹•‹–• ’’‘”–—‹–›–‘‡‡–Ž‘ ƒŽƒƒ‰‡‡–ǡ•‡‡’”‘‰”ƒ•‹ƒ –‹‘ǡƒ†‡‰ƒ‰‡ ™‹–Š•–ƒ‡Š‘ކ‡”• JabalSayid,ƒ—†‹”ƒ„‹ƒ Porgera,ƒ’—ƒ‡™ —‹‡ƒ ShandongGold,Š‹ƒ Visibleemphasisonsafety Complexoperating BriefingwithShandong Innovativetechnology environment leadership toreducefreshwateruse Communitypartnerships Mi

  32. Slide 32: Advisory Board

    ƒ””‹ †˜‹•‘”›‘ƒ”† RobertFowler BarrickCSR AdvisoryBoard 2018 Sustainability Briefing for Investors | 63 ‘”’‘”ƒ–‡‘ ‹ƒŽ‡•’‘•‹„‹Ž‹–›†˜‹•‘”›‘ƒ”† AdvisoryBoardmandate:Engagewithseniormanagementinconstructive discussionandlessonǦsharing,providingintelligenceonemergingtrends,and guidanceonbestpracticeinso

  33. Slide 33: Advisory Board

    ‘”’‘”ƒ–‡‘ ‹ƒŽ‡•’‘•‹„‹Ž‹–›†˜‹•‘”›‘ƒ”† ƒ Formed in 2012 ƒ Twice-yearly meetings ƒ Advises on a range of sustainability issues 2018 Sustainability Briefing for Investors | 65 †˜‹•‘”›‘ƒ”†‹ƒ’—ƒ‡™ —‹‡ƒ 2018 Sustainability Briefing for Investors | 66

  34. Slide 34: 2018 Sustainability Briefing for Investors

    †˜‹•‘”›‘ƒ”†‹ƒ„‹ƒ 2018 Sustainability Briefing for Investors | 67 †˜‹•‘”›‘ƒ”†‹Š‹ƒ 2018 Sustainability Briefing for Investors | 68

  35. Slide 35: Advisory Board

    ‘”’‘”ƒ–‡‘ ‹ƒŽ‡•’‘•‹„‹Ž‹–›†˜‹•‘”›‘ƒ”† AdvisoryBoardmandate:Engagewithseniormanagementinconstructive discussionandlessonǦsharing,providingintelligenceonemergingtrends,and guidanceonbestpracticeinsocialandenvironmentalperformance. 2018 Sustainability Briefing for Investors | 69 ‡ А‹ ƒŽ ˆ‘”ƒ–‹‘ The

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