Barrick and Mali Reach Agreement to Settle Disputes

NEWS RELEASE

BARRICK AND MALI REACH AGREEMENT

TO SETTLE DISPUTES

Bamako, Mali, September 30, 2024 – Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) and the

government of Mali have agreed to find a global resolution to the existing claims and disputes between the

government and Barrick’s Loulo and Gounkoto gold mining companies. Details of the agreement, based in

essence on Barrick’s original proposals, will be made public once the terms of the settlement have been

finalized.

Barrick president and chief executive Mark Bristow said the company’s mutually beneficial relationship with

Malian governments had endured for 30 years and occasional differences with successive regimes had

always been amicably resolved.

“The current negotiations have proved challenging but we’re encouraged by the government’s recognition of

the importance of securing the long-term viability of the Loulo-Gounkoto complex as a substantial contributor

to the Malian economy. We look forward to working with the government to normalize our long- standing

partnership.” Bristow said.

Barrick enquiries

Investor and media relations

Kathy du Plessis

+44 20 7557 7738

Email: [email protected]

Website: www.barrick.com