Iamgold Announces Director Retirement and Appointment of David Smith as Chair of the Board
NEWS RELEASE
TSX: IMG NYSE: IAG
IAMGOLD ANNOUNCES DIRECTOR RETIREMENT AND APPOINTMENT OF
DAVID SMITH AS CHAIR OF THE BOARD
Toronto, Ontario, September 22, 202 3 – IAMGOLD Corporation (TSX:IMG, NYSE:IAG) (“IAMGOLD” or the
“Company”) announced today that Maryse B élanger has retired from th e Company’s Board of Directors (the
“Board”) for personal reasons and other commitments. Immediately following Ms. Bélanger’s retirement, the Board
has appointed David Smith to serve as Chair of the Board.
Mr. Smith joined the Board as an independent director in February 2022, bringing nearly 40 years of financial and
executive leadership experience in the mining sector. Over the last year, Mr. Smith acted as Lead Director from
the period of May 2022 to April 2023 while Ms. Bélanger was acting as interim P resident and CEO. During this
period, the Company raise d nearly $1 billion in financing through the sale of non -core assets and the Côté Gold
financing agreement with Sumitomo Metal Mining Co., Ltd. (refer to the press release on December 19, 2022). As
an independent director, Mr. Smith will continue to hold his position of Chair of the Audit and Finance Committee in
the near term.
Mr. Smith commented, “On be half of the Board and the Company’s management team, I would like to thank
Maryse for he r invaluable contributions to IAMGOLD. Under Maryse’s leadership and commitment to excellence ,
the company was able to turn a page and reposition itself with a new strategy and clear roadmap for success .
Maryse’s attention to health and safety a nd ensuring that the rig ht people were in the right position s has paid
dividends as the company works toward its goal of becoming a leading mid-tier gold producer.
“I would al so like to express my gratitude for the confidence and support of my fellow directors. I look forward to
working closely with our CEO, Renaud, as well as the other members of the Board and management team as we
work to grow IAMGOLD and unlock value for our stakeholders. A key to this is the advancement of Côté Gold to
production early next year , bringing online one of Canada’s largest gold mines which will be a model for modern
mining in Canada for many years to come.”
Ms. B élanger commented , “Serving on the Board of IAMGOLD has been an honour and I am proud of t he
accomplishments the company has made during my tenure. I believe the company is at an exciting inflection point
with a bright future for all our stakeholders as Côté begins production next year.”
Mr. Smith is a Corporate Director who has had a career o n both the finance and the suppl y sides of the mining
business, with extensive international exposure and experience in the acquisition, sale, development, financing
and operations of base and precious metal operations. Mr. Smith served six years as the Ch ief Financial Officer
and Executive Vice President of Finning International Inc., a major equipment supplier to the mining industry with
significant operations in Canada and South America. Previous to joining Finning, Mr. Smith ’s career included
serving as Chief Financial Officer of Ball ard Power Systems, and various senior executive positions over 16 years
with Placer Dome Inc. and four years with PriceWaterhouseCoopers.
Mr. Smith currently is a director of Hudbay Minerals Inc. and North West Copper Corpor ation. Mr. Smith has
extensive board experience with public mining companies, having served as chair for several audit, governance
and special committees , including previously with Pretium Resources Inc., Nevsun Resources Ltd. and Dominion
Diamond Corporation, where Mr. Smith served on t he special committees that oversaw the execution of strategic
transactions that ultimately resulted in significant value appreciation for shareholders.
Mr. Smith holds a bachelor’s degree in business administration from Cal ifornia State University, Sacram ento and
has completed the Institute of Corporate Directors course, Directors Education Program.
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About IAMGOLD
IAMGOLD is an intermediate gold producer and develope r based in Canada with operating mines in North
America a nd West Africa. The Company is b uilding the large -scale, long life Côté Gold project in Canada in
partnership with Sumitomo Metal Mining Co. Ltd., which is expected to commence production in early 2024. In
addition, the Company has an established portfolio of early stage and advanced exp loration projects within high
potential mining districts in the Americas. IAMGOLD employs approximately 3,300 people and is committed to
maintaining its culture of acc ountable mining through high standards of Environmental, Social and Governance
("ESG") practices, including its commitment to Zero Harm®, in every aspect of its business. IAMGOLD is listed on
the New York Stock Exchange (NYSE:IAG) and the Toronto Stock Exchange (TSX:IMG) and is one of the
companies on the Jantzi Social Index (“JSI”), a sociall y sc reened market capitalization-weighted consisting of
companies which pass a set of broadly based environmental, social and governance rating criteria.
IAMGOLD Contact Information
Graeme Jennings, Vice President, Investor Relations
Tel: 416 360 4743 | Mobile: 416 388 6883
Toll-free: 1 888 464 9999
All material information on IAMGOLD can be found at www.sedar.com or at www.sec.gov.
Si vous désirez obtenir la version française de ce communiqué, veuillez consulter le www.iamgold.com/French/accueil/default.aspx.