Kinross Gold (K) Corporate presentation summary

2024 performance highlights

• Achieved production of 2.13 million gold equivalent ounces with robust margins of $1,373 per ounce sold.

• Generated record operating cash flow of $2.45 billion and free cash flow of $1.34 billion.

• Strengthened liquidity and maintained an investment grade balance sheet.

• Returned approximately $150 million to shareholders via sustainable quarterly dividends.

• Continued to outperform in share price.

Asset portfolio and operations

• Two top-tier mines, Tasiast and Paracatu, contributed over 50% of total production.

• Portfolio includes operations in the Americas and Mauritania, with several development projects underway.

• 2024 gold equivalent production reached 2.13 million ounces.

Q1 2025 results and outlook

• Produced 512,088 gold equivalent ounces in Q1 2025.

• Production cost of sales was $1,043 per ounce, with all-in sustaining cost at $1,355 per ounce.

• On track to meet full-year production guidance of 2.0 million ounces.

• Reinstated share buyback plan, repurchasing $60 million since Q2.