Barrick Declares Quarterly Dividend

PRESS RELEASE

NYSE : GOLD TSX : ABX

Barrick Declares Quarterly Dividend

Toronto, May 6, 2020 — Barrick Gold Corporat ion (NYSE:GOLD)(TSX:ABX) today announced that its

Board of Directors has declared a dividend for the first quarter of 2020 of US $0.07 per share, payable on

June 15, 2020, to shareholders of record at the close of business on May 29, 2020.1

Senior executive vice-president and chief financial office r Graham Shuttleworth said that maintaining the

dividend level that was increased three times over the last year reflects Barrick’s continued strong financial

performance.

“The Board believes that t he current dividend le vel is justified by the group’s profit ability, continued

reduction in net debt and overall str ength of our balance sheet supported by the robust five-year and ten-

year plans which we have shared with the market,” said Shuttleworth.

Enquiries:

President and CEO

Mark Bristow

+1 647 205 7694

+44 788 071 1386

Senior EVP and CFO

Graham Shuttleworth

+44 1534 735 333

+44 779 771 1338

Investor and Media Relations

Kathy du Plessis

+44 20 7557 7738

Email: [email protected]

1 The declaration and payment of dividends is at the discretion of the Board of Directors, and will depend on the company’s financial

results, cash requirements, future prospects and other factors deemed relevant by the Board.