NEWMONT

PROPERTY LOCATION & ACQUISITION DATE

Project Activities In The 2022 Season

Newmont Corp.

Denver, Colorado, USA newmont.com

Contacts

General Inquiries

Matt Zago Exploration Manager

867 455 5018 matthew.zago @newmont.com

LEADERSHIP

Tom Palmer President/CEO

303 837 5855 tom.palmer @newmont.com

Newmont has been 50/50 partners of the Galore Creek Project with Teck Resources since 2018. Saddle Project, located 6 km west of Iskut, was acquired in 2021, with the claim block expanding in 2022 after the acquisition of the North Rok, Coyote, and Castle claims from Questex. Heart Peaks, located 38km north-northeast of Sheslay, was acquired from Skeena in 2022.

COMPANY OVERVIEW & UPDATE

Any successes or challenges you’d like to share?

Newmont appreciated having the opportunity in 2022 to take time to better understand the project area, continue environmental studies and the Tahltan Land Use Study and meet members of the Tahltan Central Government (TCG) as well as the broader Tahltan community. We also appreciated the opportunity to host the Tahltan Exploration & Industry Training (TEIT) event at Bear Paw Camp in April 2022. Newmont was able to support important causes in Tahltan Territory such as Tahltan culture and literacy camps, the Dease Lake Fishing Derby and the Dease Lake Trades Sampler.

In 2022 Newmont stayed committed to not drilling at the Saddle Project. Instead implemented a scaled back program that included:

Working with Tahltan ERM Environmental Management (TEEM) to further continue and initiate baseline studies in the project area.

• Working with the Tahltan Heritage Resources Environmental Assessment Team (THREAT), a Tahltan Land Use and Occupancy Study of the project area was completed.

• Held a community meeting in Iskut on September 13, 2022. Newmont halted all activities associated with the Saddle Project in Fall 2022 and does not plan to restart in 2023.

Number of employees working on your project(s)?

Seven.

Where does the majority of your financing come from year to year? What’s the breakdown of who owns your company and what’s your company’s market cap?

Free cash flow from operations funds our project development on a year-to-year basis due to the conservative planning assumptions we use to manage our projects. Newmont shares are traded on the New York Stock Exchange and owned by a variety of public and private investment funds in addition to retail investors. These investment funds make up nearly 85% of Newmont’s ownership with the other portion being owned by retail investors. As of January 30, 2023, Newmont’s market cap was $41.6 billion.

Tentative plans and hopes for the 2023 season?

While Newmont is not actively exploring in Tahltan Territory, we still hold the land claims that comprise the Saddle Project and we are a 50/50 Joint Venture partner with Teck Resources on the Galore Creek Project.

RELATIONSHIP WITH THE TCG & TAHLTAN NATION

During the 2022 season, what involvement did TCG personnel and departments have with your company? If they were not involved, why not?

Newmont had numerous engagements with the TCG in 2022. We further discussed procurement and employment opportunities and discussed the sensitivities surrounding the project area.

In 2022, how many Tahltans did you employ? What positions did they hold in your company and what percentage of Tahltans did you employ compared to others?

In 2022 around 45% of Newmont’s contracting dollars went to Tahltan owned or affiliated companies.

What employment opportunities, now and in the future, are available to Tahltan members?

Employment opportunities are available with the Galore Creek Project.

Why should Tahltan members want to work for you?

Newmont is the world’s leading gold company with a world-class portfolio of assets in North America, South America, Australia, and Africa. We are the only gold producer listed in the S&P 500 Index and are widely recognized for our principled environmental, social, and governance practices. Our five core values of safety, integrity, sustainability, inclusion, and responsibility are the cornerstone of what we believe and what we do. We hope that the Tahltan community feels that we have been living up to these values with our activities in Tahltan Territory, and that our commitment to them differentiates us as a company Tahltans want to work for.

Did you have any Tahltan contractors working for your company?

Yes. Newmont hired TEEM in 2021 and carried work into 2022. Newmont also hired KICA to operate Bear Paw Camp in February 2022.

Do you have any outside contractors working for you? If so, who are they? Who were the primary contractors you utilized? Do they offer employment opportunities to Tahltan members?

In our contract with TEEM, there is a commitment to have a Tahltan field assistant supporting our work when possible. In 2022, TEEM subcontracted to Northern Labour Services, who provided field assistants from Iskut and Dease Lake to support our environmental fieldwork.

Anything else you would like to share with the Tahltan Nation?

Through meetings with Iskut and Iskut Leadership, the message was clear, and Newmont understands that there is presently no interest to advance discussions around exploration at the Saddle Project. We immediately halted all activities associated with the Saddle Project in fall 2022. We are invested in the successful advancement of the Galore Creek Project through our 50/50 partnership with Teck Resources.