Ms. Samantha Sheffield reports

KINROSS TO REDEEM $500 MILLION IN SENIOR NOTES ON DECEMBER 4, 2025

Kinross Gold Corp. will redeem all of the outstanding 4.50 per cent senior notes due July 15, 2027, which have an aggregate principal amount of $500-million, on Dec. 4, 2025. (All dollar amounts are expressed in U.S. dollars, unless otherwise noted.)

The notes will be redeemed at a redemption price determined in accordance with the terms of the notes, and will include accrued and unpaid interest to, but not including, the redemption date. Interest on the notes will cease to accrue from and after the redemption date.

After the notes are redeemed, Kinross will have $750-million aggregate principal amount of senior notes outstanding, with the next senior notes maturity date on July 15, 2033, for $500-million in aggregate principal amount.

Questions regarding the redemption of the notes issued by Kinross should be directed to Computershare Corporate Trust in person at its offices at 1505 Energy Park Dr., St. Paul, Minn., 55108, by facsimile transmission at 877-407-4679, by telephone at 800-344-5128 or by e-mail at cctbondholdercommunications@computershare.com.

About Kinross Gold Corp.

Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. The company's focus is on delivering value based on the core principles of responsible mining, operational excellence, disciplined growth and balance sheet strength. Kinross maintains listings on the Toronto Stock Exchange (symbolK) and the New York Stock Exchange (symbol KGC).