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Newmont Appoints Two New Board Directors

Company Further Strengthens Board's Industry Experience and Diversity

Today, Newmont Corporation (NYSE: NEM, TSX:NGT) announced the appointment of Dr. Emma FitzGerald and Mary Laschinger to its Board of Directors effective December 1, 2021.

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Newmont to Sell Kalgoorlie Power Business to Northern Star

Newmont (NYSE: NEM, TSX: NGT) (Newmont or the Company) has agreed to sell its Kalgoorlie power business to Australia's Northern Star Resources Limited (ASX: NST) (Northern Star).

Under terms of the agreement, Newmont receives US$95 million in cash, inclusive of the US$25 million option payment previously received from Northern Star as part of its purchase of Newmont's 50 percent stake in Kalgoorlie Consolidated Gold Mines (KCGM) in 2020.

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Newmont Named Co-Leader of Mining and Metals Sector on DJSI World Index

For the 14 th year in a row, Newmont Corporation (NYSE: NEM, TSX: NGT) joins the Dow Jones Sustainabilityâ„¢ World Index (DJSI World), representing the top 10% of the largest 2,500 companies in the S&P Global Broad Market Index. DJSI World membership is based on long-term economic factors, as well as leading environmental, social and governance (ESG) performance evaluated through the 2021 S&P Global Corporate Sustainability Assessment (CSA).

The ranking is based upon Newmont's performance in calendar year 2021. As of Nov 12, 2021, our company achieved the highest score out of 81 metals and mining companies assessed in the CSA. This ranking follows the one-year milestone of Newmont establishing leading greenhouse gas emissions reduction targets of more than 30% by 2030 for Scope 1 and 2 emissions, and 30% by 2030 for Scope 3 emissions, with the ultimate goal of being net carbon neutral by 2050.

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