B2Gold Announces Leadership Transition

Executive Summary

• B2Gold announced that President and CEO Clive Johnson will retire at the Annual General Meeting on June 4, 2026; Mike Cinnamond (SVP Finance & CFO) will succeed him as President and CEO.
• Kelvin Dushnisky will transition from Chair to Executive Chair of the Board; Greg Barnes appointed Lead Independent Director; Michael McDonald named CFO‑effective June 4, 2026.
• The succession plan is presented as part of a structured leadership transition to ensure continuity and support for the Company’s strategic growth.

Key Details

• Retirement: Clive Johnson will retire from his roles as President, CEO, and Director at the June 4, 2026 AGM.
• Successor: Mike Cinnamond, currently Senior Vice President – Finance & CFO (since April 2014), will become President and CEO on June 4, 2026 and will also join the Board of Directors.
• Chair Emeritus: Clive Johnson will be named Chair Emeritus, maintaining a advisory connection with the Company.
• Board Governance Changes:
• Kelvin Dushnisky moves from Chair to Executive Chair of the Board effective February 23, 2026.
• Greg Barnes appointed Lead Independent Director of the Board effective February 23, 2026.
• CFO Transition: Michael McDonald (currently VP Investor Relations, Corporate Development & Treasury) will succeed Mike Cinnamond as CFO on June 4, 2026.
• Rationale: The Board cites Cinnamond’s deep knowledge of B2Gold, experience in strategy, corporate development, capital allocation, and financial management as key to a smooth transition and execution of the Company’s strategic plan.

Notable Quotes

• Clive Johnson (President & CEO): “Now is the right time to pass the torch… I have every confidence in Mike to lead our next stage of growth.”
• Mike Cinnamond (Incoming President & CEO): “I am honored to have the opportunity to lead B2Gold… I look forward to working with Clive during the transition period…”
• Kelvin Dushnisky (Chair of the Board): “Today’s announcement is the result of a thorough and orderly succession process and will ensure continuity of leadership… we are confident that Mike will help B2Gold optimize operations, maintain disciplined capital allocation, and grow the Company for the benefit of all our stakeholders.”