Slide 1: Mali
Mali Delivering value to all stakeholders…
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 Barrick’s strategy, projects, plans, or future financial or operating performance, constitutes “forward-looking statements”. All state
Slide 3: Barrick - Africa's largest gold producer
Barrick - Africa’s largest gold producer Focusing on Tier One and Jabal Sayid 50% Strategic Morila 40% SAUDI ARABIA A Tier One Barrick EGYPT Produced 151 million discovery, now sold Assets1 pounds in 2022 (100%) MALI SENEGAL Loulo-Gounkoto Kibali 45% 80% DRC MALI Tongon 89.7% A Tier One discovery… A
Slide 4: 2022 Highlights
2022 Highlights… Loulo-Gounkoto Complex met 2022 production guidance Robust supply chain and strong partnerships delivered value in the face of ECOWASi sanctions Solar farm extension and installation of the battery energy storage system (“BESS“) progressed well and first phase on track to be deliver
Slide 5: 2022 Performance
2022 Performance… Total production of 684koz finished in the upper end of Loulo-Gounkoto Complex Gold Production 800 (kozi) guidance for the yeari 700 Third underground mine, Gounkoto UG, successfully completed 600 initial development and on track to start ore production from 500 stoping in Q2 2023
Slide 6: Safety, Health and Environment
Safety, Health and Environment… Safety Both mines maintained their ISO 45001:2018 certification LTIFR2 Proactive management of health and safety risks through a 1.5 strong safety leadership, aiming to decrease injury rates 1.0 Robust plan to continually improve and align the contractor's safety mana
Slide 7: Loulo District: Key structures indicate further discovery potential
Loulo District… Key structures indicate further discovery potential Gara North Gara W Gara P129-Faradi Yalea Hippo Toronto-Namila Gara West – Gara type fold observed in the pit highlighting potential parallel high-grade mineralization Gounkoto to the main Gara system – deep opportunities under inves
Slide 8: CO2 reduction strategy - Solar Farm Expansion
CO2 reduction strategy - Solar Farm Expansion Solar extension for additional 40MW is progressing well with construction in progress - first phase of 20MW including a BESS to be completed in 2023 Early procurement has allowed for a fast-tracked second phase Expected saving of 23 million litres of fue
Slide 9: Barrick (Randgold) contribution to Mali economy
Barrick (Randgold)…contribution to Mali economy Loulo, Gounkoto and Morilai mines have contributed between 5% to 10% of the Malian GDP over the last 10 years Barrick/Randgold operations have contributed approximately US$8.8 billion to the Malian economy in the form of taxes, royalties, salaries and
Slide 10: Barrick contribution to Mali economy
Barrick…contribution to Mali economy In 2022, Barrick contributed $829 million to the Malian economy in the form of taxes, royalties, dividends, salaries and payments to local suppliers, taking the lifetime contribution of Barrick, previously Randgold, to $8.8 billion Barrick/Randgold operated mines
Slide 11: Community Development
Community Development… Employees Total Workforce: 5,956 Contractors 100% Malian management team continues to set leading Nationals: 5,715 (96%) Expats example Community: 1,227 (21%) 120 (2%) Expats: 241 (4%) Focus on development of national employees – 96% of workforce Mine Nationals Permanent Train
Slide 12: Education
Education… One village - One school target achieved 153 Teachers trained School enrolment increased in pedagogic thematic, ‘’Programme > 5,000 vs 500 school students enrolled Rattrapage’’ implementation since the mine opened School kits 340M FCFA invested donated to students to improve education wit
Slide 13: Economic Development
Economic Development… Access to loans with a microcredit company for 16 youths and women to launch enterprises 13 women’s multifunctional centres built 7 toilets built at women’s multifunctional centres 16 food grinding mills donated Community roads maintenance $951,720 of credit granted by Nyesigis
Slide 14: Community achievements in Q4 2022
Community achievements in Q4 2022… Community youths trained 2 Boreholes built 13 by Loulo-Gounkoto Toilets built in women’s Entrepreneurs of 16 GIEs 7 multifunctional centers 33 trained on business management Courtesy visits paid to village 13 chiefs and Kenieba 3 Classrooms rehabilitated authoritie
Slide 15: 2023 the year ahead
2023…the year ahead Commence stoping at the Loulo-Gounkoto Complex’s third underground mine at Gounkoto Yalea South extension open-pit mining to commence, utilizing a newly created partnership between foreign and local contractors and strengthening our license to operate Further extension to the Gar
Slide 16: Endnotes
Endnotes 1. A Tier One Gold Asset is an asset with a reserve potential to deliver a minimum 10-year life, annual production of at least 500,000 ounces of gold and total cash costs per ounce over the mine life that are in the lower half of the industry cost curve. A Strategic Asset is an asset which