Investor Presentaiton

Cadia - FY19 Operating Data Production - 12 months to 30 June 2019 - AISC 12 months to 30 June 2019 Units Cadia Units Tonnes Mined Tonnes Milled kt 28,779 Gold Produced OZ Cadia 912,777 kt 29,302 Mining $/oz prod. 143 Milling $/oz prod. 233 Head Grade - Gold g/t 1.24 Administration and other $/oz prod. 83 Head Grade - Copper % 0.38 Third party smelting, refining and transporting costs¹ $/oz prod. 125 Recovery Gold % 78.4 Royalties $/oz prod. 57 Recovery Copper % 82.7 By-product credits $/oz prod. (621) Ore inventory adjustments² $/oz prod. 4 Production - Gold OZ 912,777 Net Cash Costs $/oz prod. Production Copper t 90,841 Gold Sold OZ 24 914,017 Adjusted operating costs³ $/oz sold 25 Reclamation and remediation costs $/oz sold 3 Capital expenditure (sustaining) $/oz sold 104 All-In Sustaining Cost $/oz sold 132 Capital expenditure (non-sustaining)4 $/oz sold 88 Exploration (non-sustaining) $/oz sold 2 All-In Cost $/oz sold 222 Depreciation and amortisation5 $/oz sold 205 123+ 4 5 Includes deductions related to treatment and refining charges for metals in concentrate Represents adjustment for ore inventory movements Adjusted operating costs represents net cash costs adjusted for finished goods inventory movements, divided by ounces sold Represents spend on major projects that are designed to increase the net present value of the mine are not related to current production. Significant projects in the period include key expansion projects at Cadia (including PC2-3 feasibility study, mill expansion and recovery studies. Depreciation and amortisation of mine site assets is determined on the basis of the lesser of the asset's useful economic life and the life of the mine. Life-of-mine assets are depreciated according to units of production and the remainder on a straight line basis. Depreciation and amortisation does not form part of All-In Sustaining Cost or All-in Cost with the exception of amortisation on reclamation and remediation (rehabilitation) assets. 34

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