? September quarter planned maintenance safely completed across operations1
o Gold production of 454koz2 and copper production of 31kt
o All-In Sustaining Cost (AISC) of $1,397/oz2,3, delivering an AISC margin of $470/oz4
? Newmont transaction
o Newcrest shareholders and Newmont stockholders have voted in favour of Newmont Overseas Holdings Pty
Ltd, a wholly owned subsidiary of Newmont Corporation, acquiring 100% of the issued shares of Newcrest
by way of a scheme of arrangement (Scheme).
o Newmont has confirmed all government regulatory approvals that are conditions precedent to the Scheme
have been obtained.
o Newcrest will seek approval of the Scheme by the Federal Court of Australia on 17 October 2023, and if such
approval is obtained, it is expected that the Scheme will become effective on 18 October 2023 and Newcrest
shares will be suspended from trading on the ASX from the close of trading 26 October 2023.
o Implementation of the Scheme is expected to occur on 6 November 2023.
o Newcrest Directors have determined to pay a fully franked Special Dividend of US$1.10 per Newcrest share
held on the Special Dividend Record Date, which is 7pm (AEDT) on 19 October 2023.
Newcrest Interim Chief Executive Officer, Sherry Duhe, said, “The September quarter delivered gold production of
454koz and copper production of 31kt following routine planned maintenance activities across our operations.
“In October, Newcrest shareholders and Newmont stockholders voted in favour of the proposed acquisition of
Newcrest by Newmont by way of a scheme of arrangement. If the scheme is approved by the Federal Court of
Australia today, it is expected to become effective on 18 October 2023 and be implemented on 6 November 2023.
“The Newcrest Directors have also determined to pay a fully franked Special Dividend of US$1.10 per Newcrest
share held, subject to the scheme becoming effective. The dividend is expected to be paid on 27 October 2023.
“On behalf of the Board and management team I would like to extend our sincere thanks to all our stakeholders for
their outstanding contributions to the success of Newcrest. Leading the Newcrest team has been a great privilege,
and as the next chapter of Newcrest’s story unfolds, I very much look forward to seeing the growth and development of our world-class portfolio of gold and copper assets as part of the combined group,” said Ms Duhe. see & read more on
https://www.newcrest.com/sites/default/files/2023-10/231017_Newcrest%20Sep%202023%20Quarterly%20Report.pdf

AND
ederal Court of Australia approves Scheme

Newcrest Mining Limited (ASX, TSX, PNGX: NCM) announces that the Federal Court of Australia (Court) has today made orders approving the proposed scheme of arrangement under which Newcrest will be acquired by Newmont Corporation (via its subsidiary, Newmont Overseas Holdings Pty Ltd) (Scheme).

Newcrest expects to lodge an office copy of the Court orders with the Australian Securities and Investments Commission tomorrow, at which time the Scheme will become effective. As disclosed in the Scheme Booklet dated 7 September 2023 (released to the ASX, PNGX and TSX (via SEDAR) on 8 September 2023), Newcrest shares will continue to trade on the ASX, PNGX and TSX after the Scheme becomes effective until close of trading on 26 October 2023.