Hongyu Cai Joins Barrick Board

PRESS RELEASE

NYSE : GOLD TSX : ABX

HONGYU CAI JOINS BARRICK BOARD

London, United Kingdom, November 3, 2021 – Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX)

today announced the appointment of Hongyu Cai to its Board as an independent director.

Ms Cai is a finance and investment professional with close to two decades of experience. After

graduating from Massachusetts Institute of Technology (MIT), she worked firstly with Goldman Sachs

Group (GS) in the United States and then with China International Capital Corporation (CICC) in the

Greater China region until spring 2021.

When covering the American natural resources sector in New York with GS as an equity researc h

analyst, Ms Cai was highly ranked by StarMine. Subsequently, she followed the US technology sector.

At CICC, as a managing director, she expanded her scope, from metals and mining and basic material,

to advanced manufacturing and tech-enabled industry upgrades. Ms Cai was ranked as Best Analyst by

Institutional Investor and Asia Money in their China Research Sector Polls for multiple years. The cross-

border financing and M&A tractions she led at CICC also won various awards from Asia Money and The

Asset.

She is a Chartered Financial Analyst and Chartered Alternative Investment Analyst and was educated at

Tsinghua University in China and MIT in the US, with two master’s degrees from MIT and multiple

fellowship awards.

Executive chairman John Thornton said Ms Cai was extensively versed in equity markets and all aspects

of corporate finance, from strategic planning to M&A transactions. “Her experience in both the American

and Chinese capital markets will bring a unique perspective to the Board, particul arly given China’s

position as a leading producer and consumer of gold, and the biggest driver of copper demand in the

world. Our strategic partnership with Chinese mining companies in Argentina and Papua New Guinea

sets a good precedent for effective collaboration in future,” he said.

Enquiries:

Investor and Media Relations

Kathy du Plessis

+44 20 7557 7738

Email: [email protected]

Website: www.barrick.com