Newmont pours first gold at Ahafo North

Mr. Tom Palmer reports NEWMONT ACHIEVES FIRST GOLD POUR AT AHAFO NORTH PROJECT IN GHANA The first gold pour at Newmont Corp.'s Ahafo North project in Ghana took place on Sept. 19, 2025, marking a critical milestone toward commercial production in the fourth quarter of 2025. This achievement follows the completion of key development phases, including ore stockpiling that began in late 2024 and the commissioning of critical infrastructure, such as processing circuits, mining support facilities and a tailings storage facility. The project is currently ramping up toward full operational readiness. "The first gold pour at Ahafo North represents a major operational milestone that validates years of careful planning, engineering and construction and builds on the strength of our world-class portfolio," said Tom Palmer, Newmont's chief executive officer. "As we progress toward commercial production, we remain focused on generating enduring value for our shareholders, work force, host communities and the government of Ghana." Ahafo North is expected to deliver between 275,000 and 325,000 ounces of gold annually over a 13-year mine life. The project has created approximately 4,500 contracted jobs and, once operational, will create approximately 560 permanent and 1,000 contracted roles -- while contributing significantly to Ghana's economy through royalties, taxes, fees and local development programs. Located at Afrisipakrom, about 30 kilometres from the company's Ahafo South operations, Ahafo North is part of the broader Ahafo lease acquired from Normandy Mining in 2002. Considered the best unmined gold deposit in West Africa, Ahafo North represents Newmont's third mining investment in Ghana and, following the divestment of the Akyem mine in April, 2025, will become the company's second operational site in the country. The successful pour affirms both the project's sound technical design and Newmont's disciplined project execution approach, positioning Ahafo North as a key asset in the company's long-term growth strategy. About Newmont Corp. Newmont is the world's leading gold company and a producer of copper, zinc, lead and silver. The company's world-class portfolio of assets, prospects and talent are anchored in favourable mining jurisdictions in Africa, Australia, Latin America and Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution and technical expertise. Founded in 1921, the company has been publicly traded since 1925. At Newmont, the company's purpose is to create value and improve lives through sustainable and responsible mining. We seek Safe Harbor.