Investor Presentaiton

YANACOCHA SULFIDES: ASSESSING OPTIONALITY N POSSBILITIES WITHIN CURRENT FOOTPRINT First phase includes Yanacocha Verde and Chaquicocha deposits to profitably extend Yanacocha operations beyond 2040 Project to be developed over a three-year period with incremental average production of ~525kGEO's per year for the first five full years Includes the construction of an autoclave to produce ~45% gold, ~45% copper, and ~10% silver Second and third phases to further extend mine life, adding profitable production for multiple decades *See endnotes re Yanacocha Sulfides REVIEWING THE SULFIDES PROJECT IN TOTAL ☐ ☐ Appointed Dean Gehring to lead Yanacocha and the Sulfides Project Delayed Full funds decision to manage project execution risk, move out of a period of significant inflation and balance development capital cash flows Focused on managing existing operations and finding opportunities to enhance performance; $350M of capital spend in both 2023 and 2024 to progress towards full funds decision Assessing a range of scope and schedule scenarios, including the impacts of not proceeding at all FEBRUARY 2023 INVESTOR PRESENTATION NEWMONT CORPORATION 35

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