Ms. Samantha Sheffield reports

KINROSS ANNOUNCES 17% ANNUAL INCREASE TO CASH DIVIDEND AND DECLARES Q3 DIVIDEND

Kinross Gold Corp.'s board of directors has approved a 17-per-cent increase to its long-standing dividend, which will amount to 14 cents per share on an annualized basis. The board of directors has also approved the company's quarterly dividend for the third quarter of 2025. (All dollar amounts are expressed in U.S. dollars, unless otherwise noted.)

The quarterly dividend of 3.5 cents per common share is payable on Dec. 10, 2025, to shareholders of record as of the close of business on Nov. 26, 2025. This dividend qualifies as an eligible dividend for Canadian income tax purposes while dividends paid to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.

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).