Mr. Omar Jabara reports

NEWMONT REACHED A PRELIMINARY AGREEMENT WITH PENASQUITO MINE'S UNION

Newmont Corp. has reached a preliminary agreement with the National Union of Mine, Metal and Allied Workers of the Mexican Republic, aiming to end the strike initiated by the union on June 7, 2023, at Minera Penasquito in the Mexican state of Zacatecas.

The preliminary agreement was ratified by the general assembly of the union on Oct. 5, 2023.

This preliminary agreement is intended to be formalized into a definitive agreement, which the parties will have to agree, approve, sign and file with the Federal Labor Tribunal for Collective Affairs in Mexico City for final approval.

This process is expected to conclude in the coming days, which would bring the strike to an end and enable the company to start the execution of the return-to-work plan to ensure a safe restart of operations.

About Newmont Corp.

Newmont is the world's leading gold company and a producer of copper, silver, zinc and lead. The company's world-class portfolio of assets, prospects and talent is anchored in favourable mining jurisdictions in North America, South America, Australia and Africa. Newmont is the only gold producer listed in the S&P 500 Index, and is widely recognized for its principled environmental, social and governance practices. The company is an industry leader in value creation, supported by robust safety standards, superior execution and technical expertise. Newmont was founded in 1921 and has been publicly traded since 1925.

At Newmont, its purpose is to create value and improve lives through sustainable and responsible mining.

We seek Safe Harbor.