DECEMBER 2021 INVESTOR PRESENTATION slide image

DECEMBER 2021 INVESTOR PRESENTATION

Tanami Growing Position as a World-Class Asset OPERATIONAL EFFICIENCY IMPROVES MARGINS Delivers a 1.5 km deep production shaft, reducing operating costs by ~10% through efficiency improvements ✓ Enables future processing of ~3.3 Mtonnes of ore per year ✓ Annual production increase of 150koz - 200koz for the first five full years with average AISC of $600-$700/oz (2024-2028)* INDICATIVE TANAMI PRODUCTION PROFILE (KOZS) 800 PROGRESSING TANAMI EXPANSION 2 N TM ✓ Supports Tanami's future as a long-life, low-cost producer and unlocks operational bottlenecks Extends mine life beyond 2040 & provides platform for future growth through district expansion Engineering and shaft reaming progressing; overall project is -35% complete Tanami Base Tanami Expansion 2 600 400 200 2021 2022 *Costs presented using a $1,200/oz gold price assumption. DECEMBER 2021 INVESTOR PRESENTATION 2023 2024 2025 2026 2027 2028 2029 NEWMONT CORPORATION 23 2030
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