Mr. Graham Shuttleworth reports

BARRICK REPORTS SHARE REPURCHASES AND DECLARES ENHANCED Q2 DIVIDEND

Barrick Mining Corp. has declared an enhanced dividend of 15 cents per share for the second quarter of 2025. The dividend is consistent with the company's performance dividend policy announced at the start of 2022. All amounts are expressed in U.S. dollars.

The Q2 2025 dividend will be paid on Sept. 15, 2025, to shareholders of record at the close of business on Aug. 29, 2025.

In addition to the enhanced quarterly dividend, Barrick repurchased 13.50 million shares during Q2 under the share buyback program that was announced in February, 2025. As of the end of Q2, Barrick has repurchased approximately 21.19 million shares under this year's program, or approximately 1.2 per cent of Barrick's issued and outstanding shares at the time the program was announced, for net cash of $411-million, including $268-million paid during Q2.

"The combination of the performance dividend policy and share buyback program allow us to provide significant benefits to our shareholders," said senior executive vice-president and chief financial officer Graham Shuttleworth. "Along with our solid operating performance, strong cash flows and strategic initiatives, we continue to provide meaningful returns while maintaining a robust balance sheet."

About Barrick Mining Corp.

Barrick is a leading global mining, exploration and development company. With one of the largest portfolios of world-class and long-life gold and copper assets in the industry -- including six of the world's Tier 1 gold mines -- Barrick's operations and projects span 18 countries and five continents. Barrick is also the largest gold producer in the United States. The company creates real, long-term value for all stakeholders through responsible mining, strong partnerships and a disciplined approach to growth. Barrick shares trade on the New York Stock Exchange under the symbol B and on the Toronto Stock Exchange under the symbol ABX.

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