DECEMBER 2021 INVESTOR PRESENTATION

EBITDA and Adjusted EBITDA N Management uses Earnings before interest, taxes and depreciation and amortization ("EBITDA") and EBITDA adjusted for non-core or certain items that have a disproportionate impact on our results for a particular period ("Adjusted EBITDA") as non-GAAP measures to evaluate the Company's operating performance. EBITDA and Adjusted EBITDA do not represent, and should not be considered an alternative to, net income (loss), operating income (loss), or cash flow from operations as those terms are defined by GAAP, and do not necessarily indicate whether cash flows will be sufficient to fund cash needs. Although Adjusted EBITDA and similar measures are frequently used as measures of operations and the ability to meet debt service requirements by other companies, our calculation of Adjusted EBITDA is not necessarily comparable to such other similarly titled captions of other companies. The Company believes that Adjusted EBITDA provides useful information to investors and others in understanding and evaluating our operating results in the same manner as our management and Board of Directors. Management's determination of the components of Adjusted EBITDA are evaluated periodically and based, in part, on a review of non-GAAP financial measures used by mining industry analysts. Net income (loss) attributable to Newmont stockholders is reconciled to EBITDA and Adjusted EBITDA as follows: Three Months Ended September 30, Nine Months Ended September 30, (1) 2021 2020 2021 2020 (2) Net income (loss) attributable to Newmont stockholders $ 3 $ 839 $ 1,212 $ Net income (loss) attributable to noncontrolling interests (246) 17 (215) 2,005 22 (3) Net loss (Income) from discontinued operations (11) (228) (42) (145) (39) (53) (138) (119) 222 305 798 570 592 1,684 446 1,685 (4) 66 75 208 $ 565 $ 1,547 $ 3,507 $ 235 4,129 (5) (6) Depreciation and amortization Equity loss (income) of affiliates Income and mining tax expense (benefit) Interest expense, net of capitalized interest EBITDA Adjustments: Loss on assets held for sale (1) Change in fair value of investments (2) Reclamation and remediation adjustments (3) (Gain) loss on asset and investment sales (4) Impairment of long-lived and other assets (5) Settlement costs (6) Restructuring and severance (7) COVID-19 specific costs (8) ཊྛ8R༧༠ |│ $ 571 $ $ 571 $ 96 (57) 180 (191) (7) 79 109 (8) (3) (1) (46) (593) 6 24 18 29 26 11 34 (9) 9 10 12 1 32 67 Impairment of investments (9) 1 1 93 Pension settlements (10) 83 85 Loss on debt extinguishment (11) 77 Goldcorp transaction and integration costs (12) 23 Adjusted EBITDA (13) $ 1,316 $ 1,663 $ 4,364 $ 3,765 3 - 1 Loss on assets held for sale, included in Loss on assets held for sale, represents the loss recognized due to the reclassification of the Conga mill assets as held for sale during the third quarter of 2021. The assets were remeasured to fair value less costs to sell. Refer to Note 7 of the Condensed Consolidated Financial Statements for further information. Change in fair value of investments, included in Other income (loss), net, primarily represents unrealized gains and losses related to the Company's investments in current and non-current marketable and other equity securities. For further information regarding our investments, refer to Note 14 of the Condensed Consolidated Financial Statements. Reclamation and remediation charges, included in Reclamation and remediation, represent revisions to reclamation and remediation plans at the Company's former operating properties and historic mining operations that have entered the closure phase and have no substantive future economic value. Refer to Note 5 of the Condensed Consolidated Financial Statement for further information. (Gain) loss on asset and investment sales, included in Gain on asset and investment sales, net, primarily represents a gain on the sale of TMAC in 2021 and gains on the sale of Kalgoorlie and Continental in 2020. For further information, refer to Note 9 of the Condensed Consolidated Financial Statements. Impairment of long-lived and other assets, included in Other expense, net, represents non-cash write-downs of various assets that are no longer in use and materials and supplied inventories. Settlement costs, included in Other expense, net, are primarily comprised of a voluntary contribution made to the Republic of Suriname and other certain costs associated with legal and other settlements for 2021 and costs related to the Cedros community agreement at Peñasquito in Mexico, a water related settlement at Yanacocha in Peru, mineral interest settlements at Ahafo and Akyem in Africa and other related costs for 2020. Restructuring and severance, included in Other expense, net, primarily represents severance and related costs associated with significant organizational or operating model changes implemented by the Company for all periods presented. COVID-19 specific costs, included in Other expense, net, primarily include amounts distributed from Newmont Global Community Support Fund to help host communities, governments and employees combat the COVID-19 pandemic. For the three and nine months ended September 30, 2021, Adjusted EBITDA has not been adjusted for $23 and $63 of incremental COVID-19 costs incurred as a result of actions taken to protect against the impacts of the COVID-19 pandemic at our operational sites. Refer to Note 8 of the Condensed Consolidated Financial Statements for further information. Impairment of investments, included in Other income (loss), net, primarily represents the other-than-temporary impairment of the TMAC investment recorded in 2020. (10) Pension settlements, included in Other income (loss), net, represent pension settlement charges in 2020. (11) Loss on debt extinguishment, included in Other income (loss), net, primarily represents losses on the extinguishment of a portion of the 2022 Senior Notes and 2023 Senior Notes during 2020. (12) Goldcorp transaction and integration costs, included in Other expense, net, primarily represent subsequent integration costs incurred during 2020 related to the Newmont Goldcorp transaction. (13) Adjusted EBITDA has not been adjusted for cash care and maintenance costs, included in Care and maintenance, which represent costs incurred associated with certain mine sites being temporarily placed into care and maintenance in response to the COVID-19 pandemic. Cash care and maintenance costs were $6 and $8 during the three and nine months ended September 30, 2021, respectively, relating to our Tanami mine site. Cash care and maintenance costs were $26 and $171 during the three and nine months ended September 30, 2020, respectively, relating to our Musselwhite, Éléonore, Peñasquito, Yanacocha, and Cerro Negro mine sites. TM DECEMBER 2021 INVESTOR PRESENTATION NEWMONT CORPORATION 43