MARTIN HORGAN, CEO, COMMENTED: “Delivery towards our strategic objectives was the standout achievement in
2021, placing Centamin in a much stronger position going forward and laying the foundations for long-term success. We safely
delivered annual production and cost guidance and made excellent progress on our key capital projects. The completion of our
Sukari Life of Asset review delivered a significant mineral reserve uplift, identified further growth and cost savings opportunities,
and underpinned a robust 12 year life of mine plan with a clear roadmap to achieving a consistent +500,000 ounce production
profile. We completed a value assessment and ranking of our organic growth pipeline, resulting in progressing the Doropo
Project to PFS stage and secured 3,000km2 of exploration ground in the highly prospective Egyptian Eastern Desert. Balancing
our growth plans with shareholder returns, today we announced a 5 US cent final dividend for 2021 and expressed our intention
to pay a minimum 5 US cent 2022. I would like to thank our team at Centamin and more broadly our stakeholders, including
our government partners, whose support and hard work has enabled us to deliver what has been a transformational year for
Centamin.”
FINANCIAL HIGHLIGHTS
• New safety record at Sukari Gold Mine (“Sukari”) achieving 5.2 million hours LTI free
• Revenue of US$733 million, generated from gold sales of 407,252 oz at an average realised gold price of US$1,797/oz
sold
• Adjusted EBITDA of US$329 million, at a 45% margin
• Profit before tax of US$154 million, including accelerated amortisation for the period
• Basic earnings per share (“EPS”) of 8.8 US cents per share
• US$27 million of gross cost-savings in 2021, for a cumulative US$71 million delivered of the US$150 million cost-saving
target by 2024
• Strong balance sheet with no debt or hedging, and cash and liquid assets of US$257 million, as at 31 December 2021
• The Board has proposed a final dividend of 5 US cents per share, equating to US$58 million to be distributed to
shareholders, subject to shareholder approval at the annual general meeting on 10 May 2022, bringing total distribution
to shareholders for full year 2021 to US$105 million.
2022 OUTLOOK UNCHANGED
• Gold production: 430,000 to 460,000 oz
o Split 45:55 across H1:H2 driven by lower scheduled tonnes from the underground in H1 as the mine transitions
to owner-operator
• Cash costs: US$900-1,000/oz produced
• Capital expenditure: US$225.5 million
o Split 65:35 across H1:H2 driven by solar, paste fill and underground contractor equipment purchase in Q1
• All-in sustaining costs: US$1,275-1,425/oz sold
• Exploration expenditure: US$25 million
2022 EVENTS
• Doropo Project (Côte d’Ivoire) pre-feasibility study
• Sukari (Egypt) underground expansion study
• Group capital structure review
• Sukari 36MW Solar farm commissioning
• Sukari Mineral Reserve and Resource update Group exploration update

GROUP FINANCIAL SUMMARY
Units FY21 FY20 % H2 21 H1 21
Gold produced Oz 415,370 452,320 (8%) 211,095 204,275
Gold sold Oz 407,252 468,681 (13%) 203,450 203,802
Cash cost US$’000 359,868 325,188 11% 195,094 164,774
Unit cash cost US$/oz produced 866 719 21% 924 807
AISC US$’000 502,366 485,478 3% 260,661 241,705
Unit AISC US$/oz sold 1,234 1,036 19% 1,281 1,186
Avg realised gold price US$/oz 1,797 1,766 2% 1,797 1,799
Revenue US$’000 733,306 828,737 (12%) 365,902 367,404
Adjusted EBITDA US$’000 328,600 437,555 (25%) 138,173 190,427
Profit before tax US$’000 153,647 314,999 (51%) 36,853 116,794
Profit after tax attrib to the parent US$’000 101,527 155,979 (35%) 42,043 59,484
Basic EPS US cents 8.81 13.53 (35%) 3.65 5.16
Capital expenditure US$’000 240,872 138,396 74% 162,560 78,312
Operating cash flow US$’000 309,878 453,305 (32%) 168,114 141,764
Adjusted free cash flow US$'000 (5,998) 141,768 (104%) (22,193) 16,195
WEBCAST PRESENTATION AND CONFERENCE CALL
The Company will host a conference call and webcast presentation today, Wednesday 16 March, at 09.30 GMT, to discuss
the results with investors and analysts, followed by an opportunity to ask questions. Please find below the required
participation details. A replay will be made available on the Company website.
To join the webcast: https://www.investis-live.com/centamin/620a40fb03c5201200352b6a/twrh

see & read more on
https://www.centamin.com/media/2482/cey-rns_fy21-results_final_160322_website.pdf