DECEMBER 2021 INVESTOR PRESENTATION
Delivering on Capital Allocation Strategy in 2021
N
TM
✓ Delivered first Autonomous Haulage Fleet to gold mining industry
✓
Approved full funds for Ahafo North and progressing Tanami Expansion 2
INVESTING IN ORGANIC
BE GROWTH
✓
Progressing Yanacocha Sulfides, investing at least $500M through 2022 with a full funds
decision expected in H2 2022
RETURNING CASH TO
SHAREHOLDERS
MAINTAINING FINANCIAL
FLEXIBILITY
✓ Completed GT Gold transaction, increasing our interest in the prospective Golden
Triangle
Maintained industry-leading dividend framework, providing stability and
predictability
✓ Declared Q3 dividend of $0.55 per share, in line with prior quarter
✓ Completed >$400M of share repurchases from $1B buyback program
✓ Liquidity of $7.6B and cash balance of $4.6B at Q3
✓ Received >$250M in cash for sale of non-core asset sales
✓ Redeemed 2021 Senior Notes, paid $550M with available cash
(ass)
&
✓ Maintained net debt to adjusted EBITDA ratio of 0.2x
Executed $3B sustainability-linked revolving credit facility
On track to return >$2 Billion to Shareholders Through Dividends and Share Buybacks in 2021
DECEMBER 2021 INVESTOR PRESENTATION
NEWMONT CORPORATION
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