Anne Kabagambe Appointed to Barrick’s Board

NEWS RELEASE

Anne Kabagambe Appointed to Barrick’s Board

Toronto, November 4, 2020 – Barrick Gold Corporation (NYSE:GOLD )(TSX:ABX) has appointed Anne

Kabagambe to its Board of Directors as an independent director.

Ms Kabagambe has 35 years of experience spanning a diverse range of senior leadership positions in

international institutions. She is a former Executive Director of the World Bank Group where she served from

2016 to 2020, representing the interests of 22 Sub-Saharan A frican countries 1, including Tanzania and

Zambia, where Barrick has gold and copper operations. While at the World Bank, she sat on the Development

Effectiveness Committee, the Budget Committee and the Pension Benefits Committee. Ms Kabagambe also

Co-Chaired the World Bank Board’s Gender Working Group and is a strong advocate for the advancement

of women and a champion of diversity and inclusion.

Prior to the World Bank, she spent 27 years at the African Development Bank , where she built an extensive

network within Africa and other parts of the world. During this time, she helped develop cooperative

agreements with Asian countries and held the position of Chief of Staff for the African Development Bank

President. Ms Kabagambe has also served on the boards of the Africa American Institute (AAI) and Junior

Achievement (JA) Africa.

She has an undergraduate degree from the University of California at San Diego (UCSD), master’s degrees

in Public Policy from Columbia University’s School of International and Public Affairs and George Washington

University, and also obtained post-graduate diplomas from Harvard U niversity’s John F. Kennedy School of

Government and the Cranfield School of Management.

Barrick Executive Chairman John Thornton said Ms Kabagambe would strengthen the Board and bring an

independent understanding of doing business internationally, informed by her experience in engaging with

governments, the pr ivate sector and civil society and in particular her knowledge of the global resource,

banking and education sectors.

Barrick Enquiries

Investor and media relations

Kathy du Plessis

+44 20 7557 7738

Email: [email protected]

Website: www.barrick.com

1 Botswana, Burundi, Eritrea, Eswatini, Ethiopia, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibia, Rwanda, Seychelles, Sierra

Leone, Somalia, South Sudan, Sudan, Tanzania, Uganda, Zambia, Zimbabwe