Newcrest Mining Limited (ASX, TSX, PNGX: NCM) announces that the Newcrest Directors have determined to pay a fully franked special dividend of US$1.10 (Special Dividend) in respect of Newcrest shares held on the Special Dividend Record Date, being 7.00pm (AEDT) on 19 October 2023.

Payment of the Special Dividend is conditional on the proposed scheme of arrangement (Scheme), under which Newcrest will be acquired by Newmont Corporation (via its subsidiary, Newmont Overseas Holdings Pty Ltd), becoming effective. If the Scheme becomes effective, the Special Dividend will be paid on 27 October 2023.