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Events Calendar

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November10

Third Quarter 2022 Results Conference Call & Webcast

September20

Gold Forum Americas

July28

Second Quarter 2022 Results Conference Call & Webcast

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Why Invest in Kinross

Founded in 1993, Kinross Gold is a senior gold mining company with a diverse portfolio of mines and projects in the United States, Brazil, Chile, Ghana, and Mauritania, headquartered in Toronto, Canada. The Company is focused on delivering value through operational excellence, balance sheet strength, disciplined growth, and responsible mining.

- J. Paul Rollinson, President & CEO

Investor Relations ESG Analyst Centre

Compelling Investment Opportunity

Attractive Value Opportunity

Compelling value opportunity given strong production profile, excellent operating track record and attractive return of capital plans
Attractive trading metrics:

Price to Operating Cash Flow ratio
Enterprise Value to EBITDA ratio

Balance Sheet Strength and Flexibility

Robust Liquidity Position¹

Balance Sheet Strength and Flexibility

Well-positioned to fund portfolio of mines and growth projects
Anticipating significant free cash flow in 2022
Senior notes rated investment grade by Moody’s, S&P Global Ratings and Fitch Ratings
Continue with baseline dividend and share buyback program – plan to return ~$300 million to shareholders, at current gold prices

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Footnotes

¹ As at June 30, 2022. "Liquidity Position" and "Total liquidity" are defined as the sum of cash and cash equivalents, as reported on the interim condensed consolidated balance sheets, and available credit under the Company's credit facilities (as calculated in Section 6 - Liquidity and Capital Resources of Kinross' MD&A for the three and six months ended June 30, 2022).

Senior Gold Producer

Large, pure gold producer with a diversified portfolio of mines and development projects
Strong production profile with more than two million Au eq. oz. over the next three years
Expecting average annual production of approximately two million Au eq. oz. over the remainder of the decade
Approximately 70% of production to come from mines in the Americas, and more than half of production from two Tier One assets – Tasiast and Paracatu

Learn more about our operations

Footnotes

2021 figure is attributable production and represents actual results: includes production from Kupol and Kinross' share of Chirano (90%).

Technically Skilled Operator

_{A haul truck carries a load of ore at Tasiast in Mauritania}

Technically Skilled Operator

Among the best safety records in the industry, with reportable injury rates on par with low-risk, non-industrial sectors
Achieving operating efficiencies through strong culture of continuous improvement
Developed a range of operating expertise working in a variety of geographic environments in both open pit and underground mines

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High Quality Projects

Round Mountain Operations machinery — A drill rig operates at Round Mountain in Nevada, U.S.A.

High Quality Projects

We continue to advance our portfolio of high quality development projects and future opportunities:

The value-enhancing Tasiast 24k project in Mauritania offers attractive returns, increased production and lower costs
The La Coipa Restart project in Chile began commissioning and is expected to reach full production capacity by H2 2022
The Lobo-Marte project in Chile has the potential to support Kinross’ long-term production profile with attractive all-in sustaining costs
The Manh Choh project in Alaska is a high grade, open pit project that is expected to extend Fort Knox's mill operations
Positive assay results at the Great Bear project in Red Lake, Ontario continue to reaffirm the world-class potential of the deposit
Our exploration program has a strong record of extending mine life and is focused on high-quality brownfield targets within existing footprint of our mines

Industry Leader in Responsible Mining

The recontoured and seeded rock disposal area of the Numbers pit at Bald Mountain in Nevada, U.S.A.

Industry Leader in Responsible Mining

ESG performance consistently ranks well among senior gold peers, as measured by Sustainalytics, MSCI, ISS, Vigeo, Refinitiv and S&P’s Dow Jones Sustainability Index
Committed to a 30% reduction in intensity per ounce produced of scope 1 and scope 2 GHG emissions by 2030 and net-zero GHG emissions by 2050
Generated $3.5 billion in economic benefits to host countries through procurement, taxes, wages and community support in 2021
The Company recycled 80% of water used at site, maintaining a high rate consistent with its five-year average.
99% of workforce and 87% of managers employed from host countries
Highest ranked Canadian gold mining company surveyed in the Globe and Mail’s annual governance review