Policy

Environmental leadership in the mining industry is a strategic business objective of Kinross Gold Corporation. Maintaining high professional standards for our environmental practices is vital to our long- term sustainable success and forms the foundation of our Corporate Reputation. Kinross acknowledges its responsibility to manage the environmental effects associated with its operations, and it is our goal to benefit our shareholders and our local communities.

Kinross Gold Corporation will:

• Comply with applicable environmental laws and regulations at all times; at all locations; and at all stages of exploration, development, operations and closure.

• Establish and maintain standards, procedures and management controls to ensure environmental considerations are balanced equally with competing priorities and other key business activities.

• Ensure that all employees and contractors are trained to understand their environmental responsibilities and create an environment conducive to adhering to the Company’s policies, procedures and applicable regulations.

• Hold leadership accountable for the good environmental performance of our operations and projects. Inherent in that accountability will be the commitment of senior management to provide resources and create the environment that results in success.

• Reward and recognize behavior that supports environmental stewardship.

• Implement procedures to measure environmental performance, including regular audits of operations to verify compliance with the Company’s Corporate Environmental Policy and applicable regulations.

• Communicate openly with employees, the regulatory community, the public and stakeholders on environmental issues.

• Work pro-actively with other mining companies, policy makers and the public to define environmental priorities and develop responsible laws and regulations to protect the environment.

• Actively engage with credible third parties to develop continuous improvement in our environmental policies and practices.

• Continuously review environmental achievements and technology to share and promote implementation of best practices.

• Develop and maintain reclamation and closure cost estimates, account for those costs in the Company’s business plans, and address the Company’s reclamation and closure obligations in a way that demonstrates excellence and establishes industry-wide leadership through example.

• Require a dedicated Committee of the Board of Directors to meet on a regular basis to confirm that Kinross achieves these principles.