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Investor Presentaiton

• • OPERATIONAL PERFORMANCE BY ASSET TAILINGS OPERATIONS ELIKHULU • Production 8.3% to 26,8630z (2019: 29,3010z) - AISC of US$737/oz (2019: US$708/oz) Lower recoveries and constrained plant throughput to be resolved during H2FY21 9,975MW solar photovoltaic renewable energy power plant on track for calendar Q3 commissioning - ensures a reliable power supply and reduced electricity costs Ounces production per year Adjusted EBITDA generated: ZAR484,8million (US$29,8million) Evander 7 Evander 7A Year 4 mining Year 2 mining Year 3 mining Year 6 mining Year 5 mining Pump Year 4 mining Year 7 mining Year 5 mining station Approximately 6 km of piping to be established Leslie/Bracken re-mining Process water dam Elikhulu LOM production profile 80 000 70 000 Actual Forecast 60 000 50 000 40 000 30 000 20 000 10 000 0 Year 2 mining Year 1 mining Elikhulu TSF All Elikhulu tailings deposited onto the combined Elikhulu and Kinross TSF's Elikhulu metallurgical plant Kinross re-mining Approximately 5.5 km of piping to be established Pump station Year 7 mining Year 8 mining Year 9 mining Winkelhaak re-mining Year 10 mining Year 11 mining Year 12 mining Switch to Winkelhaak TSF 15
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