For the three months ended 30 June 2023
(figures are unaudited and in US$ except where stated).

? Safety and sustainability
o Record safety performance at Lihir, with no recordable injuries for a second consecutive quarter
o Red Chris achieved its lowest annual TRIFR2
on record in FY23
o Serious injury sustained at Cadia which is subject to investigation by the NSW Resource Regulator
o First renewable power generated from the Rye Park Wind Farm in July and early supply has commenced
under Cadia’s Power Purchase Agreement
? FY23 gold production and AISC guidance achieved
o Gold production of 556koz3
and copper production of 35kt, resulting in FY23 gold production of 2.1Moz and
copper production of 133kt
o June quarter All-In Sustaining Cost (AISC) of $1,196/oz3
, delivering an AISC margin of $706/oz4
o FY23 AISC of $1,094/oz, delivering an AISC margin of $678/oz4
? Advancing multiple gold and copper growth options
o Wafi-Golpu Framework Memorandum of Understanding (MOU) signed with all parties working to progress
the Mining Development Contract
o Red Chris Block Cave Feasibility Study on track to be completed in H2 CY235
o Brucejack transformation program continued to progress multiple value enhancing opportunities
o Strong drilling results at Red Chris and Brucejack indicate further upside potential
? Newmont transaction
o Binding agreement executed for Newmont to acquire 100% of the issued shares of Newcrest, subject to
conditions, including Newcrest and Newmont shareholder and regulatory approvals
o Newcrest Board unanimously recommends shareholders vote in favour of the transaction6
o Transaction expected to establish a clear global leader in gold production by combining two of the world’s
largest producers, with a significant and growing exposure to copper
o Newcrest permitted to pay a franked special pre-completion dividend of up to US$1.10 per share7
Newcrest Interim Chief Executive Officer, Sherry Duhe, said, “We were pleased to achieve our FY23 Group guidance
for gold production and All-In Sustaining Costs following an improved operational performance in the June quarter.
We also made further progress on our growth strategy, with the Wafi-Golpu Framework MOU signed in early April,
marking a pivotal milestone towards development of this world class copper-gold deposit.
“In May we reached an agreement for Newmont to acquire 100% of the issued shares in Newcrest. The transaction
will bring forward significant value to Newcrest shareholders through the recognition of our outstanding portfolio of
long-life assets, our material and increasing exposure to copper, and our well-established organic growth pipeline.
The combined group will create a clear global leader in gold production, with increased flexibility in project sequencing
and growth optionality, and a market leading position in safety and sustainability. Our Board is unanimously
recommending that shareholders vote in favour of the proposal which we expect will be implemented by the end of 2023.
“As we move into FY24, I want to take this opportunity to thank our people and all our stakeholders for their ongoing contribution to Newcrest’s continued success,” said Ms Duhe.

see & read more on
https://www.newcrest.com/sites/default/files/2023-07/230725_Newcrest%20Jun%202023%20Quarterly%20Report.pdf