DECEMBER 2021 INVESTOR PRESENTATION
Industry-Leading Dividend Framework
■Leading $1.00/share sustainable base dividend
■ Targeting 40% - 60% of incremental attributable Free Cash
Flow above $1,200/oz returned to shareholders
■ Evaluating gold price increments of -$300/oz
ANNUALIZED DIVIDEND PAYOUT
$2.80 - $3.70
◉
Approved quarterly by Board of Directors
=
Annualized dividend payout framework*
$1.00/share sustainable base dividend
(payable at $1,200/oz gold price)
+ $1.20/share incremental payment
(Q3 2021 dividend set assuming ~40% of incremental
attributable FCF at $1,800/oz gold price)
$2.20/share annualized dividend payout*
$1.60 - $1.90
$2.20 - $2.80
Q3 2021
Dividend
$1.00
$1.00
$1.00
$1,800/oz
*Investors are reminded that Newmont's dividend framework is non-binding and an annualized dividend has not been declared by the Board.
Dividends beyond the third quarter dividend remain subject to future consideration and declaration is the discretion of the Board. See
endnote re dividends and returns to shareholders.
$1,500/oz
Declared Third Quarter Dividend of $0.55 Per Share
DECEMBER 2021 INVESTOR PRESENTATION
$2,100/oz
N
TM
NEWMONT CORPORATION
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