DECEMBER 2021 INVESTOR PRESENTATION slide image

DECEMBER 2021 INVESTOR PRESENTATION

2022 Consolidated Expense and Capital Outlook GUIDANCE METRIC ($M) (+/- 5%) 2022 2023 Consolidated Sustaining Capital $1,000 $900 $1,100 Consolidated Development Capital $1,400 $1,300 – $1,500 Total Consolidated Capital $2,400 $2,300 $2,500 Attributable Sustaining Capital $925 $825 $1,025 2024 $900 - $1,100 $1,100 $1,300 $2,100 $2,300 $825 - $1,025 Attributable Development Capital $1,200 $1,100 $1,300 Total Attributable Capital $2,125 $2,025 - $2,225 $800 - $1,000 $1,725 - $1,925 2025 $900 - $1,100 $400 - $600 $1,400 - $1,600 $825 - $1,025 $200 - $400 $1,125 - $1,325 GUIDANCE METRIC ($M) (+/- 5%) 2022 (1) (2) General & Administrative 260 Interest Expense 225 Depreciation and Amortization 2,300 Exploration & Advanced Projects Adjusted Tax Rate 1,2 450 30%-34% DECEMBER 2021 INVESTOR PRESENTATION N 2026 $900 - $1,100 $100 - $300 $1,100 $1,300 $825 $1,025 $100 - $300 $1,025 - $1,225 TM The adjusted tax rate excludes certain items such as tax valuation allowance adjustments. Assuming average prices of $1,800 per ounce for gold, $3.25 per pound for copper, $23 per ounce for silver, $0.95 per pound for lead, and $1.15 per pound for zinc and achievement of current production and sales volumes and cost estimates, we estimate our consolidated adjusted effective tax rate related to continuing operations for 2022 will be between 30%-34%. NEWMONT CORPORATION 40
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