\n| \n 1<\/sup><\/p>\n<\/td>\n| \n \nNewmont’s Board of Directors declared a dividend of $0.26 per share of common stock for the second quarter of 2026, payable on September 28, 2026 to holders of record at the close of business on September 3, 2026.<\/p>\n<\/td>\n<\/tr>\n | \n| \n 2<\/sup><\/p>\n<\/td>\n| \n \nSee discussion of guidance and cautionary statement at the end of this release regarding forward-looking statements.<\/p>\n<\/td>\n<\/tr>\n | \n| \n 3<\/sup><\/p>\n<\/td>\n| \n \nNon-GAAP metrics; see reconciliations at the end of this release.<\/p>\n<\/td>\n<\/tr>\n | \n| \n 4<\/sup><\/p>\n<\/td>\n| \n \nIncludes $1.7 billion of share repurchases since April 23, 2026, including over $600 million of share repurchases in July 2026.<\/p>\n<\/td>\n<\/tr>\n | \n| \n 5<\/sup><\/p>\n<\/td>\n| \n \nThe share repurchase program will be executed at the Company’s discretion. The share repurchase program permits shares to be repurchased in a variety of methods, has no time limit and may be suspended or discontinued at any time. See cautionary statement regarding forward-looking statements at end of this release.<\/p>\n<\/td>\n<\/tr>\n | \n| \n 6<\/sup><\/p>\n<\/td>\n| \n \nTotal liquidity as of June 30, 2026 includes $4.0 billion available on a revolving credit facility.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n Delivering on Newmont’s Consistent Capital Allocation Framework<\/b><\/p>\n \nNewmont’s consistent capital allocation framework is designed to be sustainable through the commodity and investment cycles while maximizing total return of capital to shareholders, maintaining a flexible and resilient balance sheet, and focusing on high-return capital investments for long-term value creation. The capital allocation uses below are presented in order of priority.1<\/sup> Newmont is consistently delivering on these priorities, supported by the robust free cash flow generated to date in 2026.<\/p>\nOngoing Sustaining Capital Investment in World-Class Portfolio<\/b><\/p>\n \nNewmont expects to spend $1.95 billion in 2026 in sustaining capital through targeted investments in critical infrastructure, including tailings solutions, as detailed in the ‘2026 Guidance Expectations’ section below. In the first half of 2026, Newmont has invested $819 million of sustaining capital, with full-year 2026 guidance remaining unchanged.2<\/sup><\/p>\nSustainable Through the Cycle Cash Dividend<\/b><\/p>\n \nNewmont is committed to returning capital to shareholders through a sustainable cash dividend of $1.1 billion per year. Central to this framework is a dividend structured to grow on a per share basis without increasing Newmont’s financial commitment, as share repurchases executed through the cycle permanently lower the outstanding share count. The annual total per share dividend target will be calculated annually in February based on the current number of shares issued and outstanding. The dividend payment will be divided into four equal payments rounded up to the nearest $0.01, to be paid out on a quarterly basis, subject to quarterly approval by Newmont’s Board of Directors1<\/sup>. In line with this commitment, a dividend of $0.26 per share for the second quarter of 2026 has been declared payable on September 28, 2026, to holders of record of such common stock at the close of business on September 3, 2026. This equates to an indicated total annualized dividend of $1.04 per share, with continued per share dividend increases expected as share repurchases continue.<\/p>\nDisciplined Approach to Development Capital Reinvestment<\/b><\/p>\n \nNewmont expects to invest $1.4 billion of development capital in 2026 as it advances the highest-return free cash flow generative projects, while continuing to study, evaluate and define the future growth profile of its portfolio. In the first half of 2026, Newmont invested $524 million in its current development projects, with full-year 2026 guidance remaining unchanged.2<\/sup><\/p>\nMaintaining an Optimized Capital Structure Through the Cycle<\/b><\/p>\n \nNewmont is focused on maintaining a resilient balance sheet, anchored by a $1 billion net cash target3<\/sup>, with flexibility of plus or minus $2 billion depending on market conditions. During strong commodity price environments, Newmont intends to further optimize its balance sheet by actively managing gross debt, while maintaining a minimum cash balance of $5 billion through the cycle. Newmont ended the second quarter of 2026 with a cash balance of $9 billion and a net cash balance of $3.4 billion3<\/sup>.<\/p>\nRatable Share Repurchase Program<\/b><\/p>\n \nSince the last earnings call, Newmont executed $1.7 billion of share repurchases under the current repurchase authorization of $6.0 billion. Newmont intends to request additional approval from its Board of Directors as the current authorization approaches completion, consistent with the Company’s disciplined and repeatable approach to returning excess cash to shareholders.<\/p>\n \n\n| ____________________<\/td>\n<\/tr>\n | \n| \n 1<\/sup><\/p>\n<\/td>\n| \n \nSee cautionary statement at the end of this release. The Capital Allocation Framework is provided for illustrative purposes and remains non-binding. Guidance expectations, including capital allocation uses, future dividends, debt management and share repurchases, are forward-looking statements. An annualized dividend has not been declared by the Board of Directors.<\/p>\n<\/td>\n<\/tr>\n | \n| \n 2<\/sup><\/p>\n<\/td>\n| \n \nSustaining and development capital guidance and spend to date excludes capitalized interest.<\/p>\n<\/td>\n<\/tr>\n | \n| \n 3<\/sup><\/p>\n<\/td>\n| \n \nNet cash balance is Cash and cash equivalents<\/i> less Debt<\/i> and Lease and other financing obligations<\/i> as presented on the Consolidated Balance Sheets. Net cash balance will change based on Net cash provided by operating activities<\/i>, Additions to property, plant and mine development<\/i>, dividends paid to common shareholders, repayment of debt principal, and other investing and financing activities. Refer to the Net Debt reconciliation below in the Non-GAAP Financial Measures schedules in this release.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n Summary of Results<\/b><\/p>\n\n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2025<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n 2026<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n Q1<\/b><\/p>\n<\/td>\n | | \n\n Q2<\/b><\/p>\n<\/td>\n | | \n\n Q3<\/b><\/p>\n<\/td>\n | | \n\n Q4<\/b><\/p>\n<\/td>\n | | \n\n FY<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n Q1<\/b><\/p>\n<\/td>\n | | \n\n Q2<\/b><\/p>\n<\/td>\n | | \n\n YTD<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nAverage realized gold price ($\/oz)<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n2,944<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n3,320<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n3,539<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n4,216<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 3,498<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n4,900<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n4,414<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 4,661<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nAttributable gold production (Moz) (1)<\/sup><\/p>\n<\/td>\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n1.54<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n1.48<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n1.42<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n1.45<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n 5.89<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n1.30<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n \n1.29<\/p>\n<\/td>\n | | \n\n \n\u00a0<\/p>\n<\/td>\n | \n 2.59<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nTotal CAS ($M) (2)<\/sup><\/p>\n<\/td>\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n2,106<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2,001<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,951<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2,027<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 8,085<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,937<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2,088<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 4,025<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nGold By-Product CAS ($\/oz) (2)(3)<\/sup><\/p>\n<\/td>\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n930<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n917<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n831<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n738<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 855<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n541<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,043<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 788<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nGold Co-Product CAS ($\/oz) (2)(3)<\/sup><\/p>\n<\/td>\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,227<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,215<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,185<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,166<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 1,199<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,307<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,463<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 1,384<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nGold By-Product AISC ($\/oz) (3)<\/sup><\/p>\n<\/td>\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,447<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,375<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,303<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,302<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 1,358<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,029<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,621<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 1,321<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nGold Co-Product AISC ($\/oz) (3)<\/sup><\/p>\n<\/td>\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,651<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,593<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,566<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,620<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 1,609<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,709<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,938<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 1,822<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nNet income (loss) attributable to<\/p>\n \nNewmont stockholders ($M)<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,891<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2,061<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,832<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,301<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 7,085<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n3,262<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2,202<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 5,464<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nNet income (loss) attributable to<\/p>\n \nNewmont stockholders per share ($\/diluted share)<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1.68<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1.85<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1.67<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1.19<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 6.39<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n3.00<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2.06<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 5.07<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nAdjusted net income ($M) (4)<\/sup><\/p>\n<\/td>\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,404<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,594<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,883<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2,753<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 7,634<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n3,156<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2,246<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 5,402<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nAdjusted net income per share<\/p>\n \n($\/diluted share) (4)<\/sup><\/p>\n<\/td>\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1.25<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1.43<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1.71<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2.52<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 6.89<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n2.90<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2.10<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 5.01<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nAdjusted EBITDA ($M) (4)<\/sup><\/p>\n<\/td>\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n2,629<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2,997<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n3,309<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n4,545<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 13,480<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n5,154<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n3,757<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 8,911<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nCash from operations before working capital ($M) (5)<\/sup><\/p>\n<\/td>\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n2,172<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2,228<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2,584<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n3,560<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 10,544<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n3,987<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n3,014<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 7,001<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nNet cash from operating activities ($M)<\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n2,031<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2,384<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2,298<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n3,621<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 10,334<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n3,785<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2,924<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 6,709<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nCapital expenditures ($M) (6)<\/sup><\/p>\n<\/td>\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n826<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n674<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n727<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n808<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 3,035<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n641<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n719<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 1,360<\/b><\/p>\n<\/td>\n<\/tr>\n\n| \n \nFree cash flow ($M) (7)<\/sup><\/p>\n<\/td>\n| \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n1,205<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,710<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n1,571<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2,813<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 7,299<\/b><\/p>\n<\/td>\n | \n \n\u00a0<\/p>\n<\/td>\n | \n \n$<\/p>\n<\/td>\n | \n \n3,144<\/p>\n<\/td>\n | | \n\n \n$<\/p>\n<\/td>\n | \n \n2,205<\/p>\n<\/td>\n | | \n\n $<\/b><\/p>\n<\/td>\n | \n 5,349<\/b><\/p>\n<\/td>\n<\/tr>\n<\/table>\n Second Quarter 2026 Production and Financial Summary<\/b><\/p>\n Attributable gold production1<\/sup><\/b> decreased 1 percent to 1,293 thousand ounces from the prior quarter, driven by lower production at Cadia as a result of the impact of the seismic events during the quarter and lower production at Ahafo South, Pe\u00f1asquito and Yanacocha as a result of lower grade from planned mine sequencing. These decreases were partially offset by increased production at Lihir and Boddington, as well as ounces delivered from the Pueblo Viejo joint venture. Operations at Cadia returned to normal levels as of mid-June after recovery from the seismic events. Consolidated gold sales <\/b>were 1,195 thousand ounces for the quarter.<\/p>\nCopper production<\/b> decreased 43 percent to 17 thousand tonnes compared to the prior quarter, driven by the impact of the seismic events at Cadia. Silver production<\/b> decreased 22 percent to 7 million ounces, lead production<\/b> decreased 33 percent to 18 thousand tonnes and zinc production<\/b> decreased 35 percent to 40 thousand tonnes compared to the prior quarter, driven by lower co-product grade at Pe\u00f1asquito.<\/p>\n Average realized gold price<\/b> was $4,414 per ounce, a decrease of $486 per ounce from the prior quarter. Average realized gold price includes $4,468 per ounce of gross price received, an unfavorable impact of $51 per ounce of mark-to-market on provisionally-priced sales and reductions of $3 per ounce for treatment and refining charges.<\/p>\n Costs Applicable to Sales (CAS)2<\/sup><\/b> allocated to gold totaled $1.7 billion for the quarter, with an additional $339 million allocated to co-product metals. Gold by-product CAS per ounce3<\/sup><\/b> increased 93 percent to $1,043 for the quarter primarily driven by lower gold and co-product volumes, as well as lower silver pricing. CAS was also impacted by a full quarter of the increased royalties in Ghana and higher diesel prices. These increases were partially offset by higher copper pricing. Gold co-product CAS per ounce3<\/sup><\/b> was $1,463.<\/p>\nGold by-product AISC per ounce3<\/sup><\/b> increased 58 percent to $1,621 for the quarter. Building from CAS per ounce, the increase was primarily due to higher sustaining capital and other expense, primarily related to incremental costs incurred at Cadia during the downtime after the seismic event in April. Gold co-product AISC per ounce3<\/sup><\/b> was $1,938.<\/p>\nNet income attributable to Newmont stockholders <\/b>was $2.2 billion or $2.06 per diluted share, a decrease of $1.1 billion from the prior quarter. This decrease was primarily driven by lower revenue due to lower realized gold and silver prices, partially offset by a decrease of $452 million in income and mining tax expense.<\/p>\n Adjusted net income4<\/sup><\/b>for the quarterwas $2.2 billion or $2.10 per diluted share, compared to $3.2 billion or $2.90 per diluted share in the prior quarter. Primary adjustments to second quarter net income include a net loss on the fair value of investments and options of $111 million and restructuring and severance charges of $12 million.<\/p>\nConsolidated cash from operations before working capital5<\/sup><\/b> decreased 24 percent from the prior quarter to $3.0 billion primarily due to lower revenue from lower realized gold and silver prices and slightly higher CAS.<\/p>\nConsolidated net cash from operating activities<\/b> decreased 23 percent from the prior quarter to $2.9 billion primarily due to lower consolidated cash from operations before working capital. Working capital was a net use of cash of $90 million in the second quarter, reflecting continued cash spend for previously accrued reclamation activities of $249 million, normal course inventory and stockpile builds of $131 million, and a change in accrued tax liabilities of $116 million. These impacts were partially offset by favorable accounts receivable movements of $461 million, primarily at Pe\u00f1asquito and Cadia, and an $84 million beneficial change to accounts payable.<\/p>\n Income and mining cash tax paid<\/b> decreased 15 percent from the prior quarter to $1.1 billion due to lower net income attributable to Newmont shareholders and the timing of annual tax payments accrued in 2025.<\/p>\n Free cash flow7 <\/sup><\/b>decreased 30 percent from the prior quarter to $2.2 billion primarily due to a decrease in net cash provided by operating activities and higher capital investment, partially offset by a lower net unfavorable working capital impact in the current quarter.<\/p>\nBalance sheet and liquidity <\/b>remained strong in the second quarter, ending with $9.0 billion of cash and cash equivalents, with $13.0 billion of total liquidity; ended the quarter in a net cash position of $3.4 billion.8<\/sup><\/p>\nNon-Managed Joint Venture and Equity Method Investments9<\/sup><\/b><\/p>\nNevada Gold Mines (NGM) <\/b>attributable gold production increased 2 percent to 240 thousand ounces, with a 15 percent increase in CAS per ounce to $1,473 per ounce.3<\/sup> AISC per ounce increased 13 percent from the prior quarter to $1,805 per ounce.3<\/sup><\/p>\nPueblo Viejo <\/b>attributable gold production increased 37 percent to 74 thousand ounces compared to the prior quarter. Cash distributions received for the Company’s equity method investment in Pueblo Viejo totaled $100 million in the second quarter. Capital contributions of $32 million were made during the quarter related to the expansion project at Pueblo Viejo.<\/p>\n Fruta del Norte <\/b>attributable gold production is reported on a quarter lag. Production reported in the second quarter of 2026 of 38 thousand ounces was consistent with the prior quarter. Cash distributions received from the Company’s equity method investment in Fruta del Norte were $93 million for the second quarter.<\/p>\n\n\n| ____________________<\/td>\n<\/tr>\n | \n| \n 1<\/sup><\/p>\n<\/td>\n| \n \nAttributable gold production includes ounces from the Company’s equity method investment in Pueblo Viejo (40%) and in Lundin Gold (32%).<\/p>\n<\/td>\n<\/tr>\n | \n| \n 2<\/sup><\/p>\n<\/td>\n| \n \nConsolidated Costs applicable to sales<\/i> (CAS) excludes Depreciation and amortization<\/i> and Reclamation and remediation<\/i>.<\/p>\n<\/td>\n<\/tr>\n\n| \n 3<\/sup><\/p>\n<\/td>\n| \n \nNon-GAAP measure. See end of this release for reconciliation to Costs applicable to sales<\/i>.<\/p>\n<\/td>\n<\/tr>\n\n| \n 4<\/sup><\/p>\n<\/td>\n| \n \nNon-GAAP measure. See end of this release for reconciliation to Net income (loss) attributable to Newmont stockholders<\/i>.<\/p>\n<\/td>\n<\/tr>\n\n| \n | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |