# Newmont (NEM) 10-Q SEC filing - Q2 FY2026

- Filed: Jul 23, 2026, 4:46 PM EDT
- Fiscal quarter: Q2 FY2026
- Calendar quarter: Q2 2026
- Accession: 0001164727-26-000036
- OpenCapital page: https://www.opencapital.sh/filings/0001164727-26-000036
- Markdown URL: https://www.opencapital.sh/filings/0001164727-26-000036.md
- Official SEC filing index: https://www.sec.gov/Archives/edgar/data/1164727/000116472726000036/0001164727-26-000036-index.htm

## Filing documents

- [10-Q (nem-20260630.htm)](https://www.sec.gov/Archives/edgar/data/1164727/000116472726000036/nem-20260630.htm)
- [EX-10.1 (ex101rsuagreement2026.htm)](https://www.sec.gov/Archives/edgar/data/1164727/000116472726000036/ex101rsuagreement2026.htm)
- [EX-31.1 (q22026exhibit311.htm)](https://www.sec.gov/Archives/edgar/data/1164727/000116472726000036/q22026exhibit311.htm)
- [EX-31.2 (q22026exhibit312.htm)](https://www.sec.gov/Archives/edgar/data/1164727/000116472726000036/q22026exhibit312.htm)
- [EX-32.1 (q22026exhibit321.htm)](https://www.sec.gov/Archives/edgar/data/1164727/000116472726000036/q22026exhibit321.htm)
- [EX-32.2 (q22026exhibit322.htm)](https://www.sec.gov/Archives/edgar/data/1164727/000116472726000036/q22026exhibit322.htm)

---

## 10-Q

SEC source: [nem-20260630.htm](https://www.sec.gov/Archives/edgar/data/1164727/000116472726000036/nem-20260630.htm)

### UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549  

Form 10-Q  

### (Mark One)

☒     QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the Quarterly Period Ended June 30, 2026

or

☐    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from__________to__________

Commission File Number: 001-31240  

NEWMONT CORPORATION

(Exact name of registrant as specified in its charter)

|  |  |
| --- | --- |
| Delaware | 84-1611629 |
| (State or Other Jurisdiction of Incorporation or Organization) | (I.R.S. Employer Identification No.) |
| 6900 E Layton Ave |  |
| Denver, Colorado | 80237 |
| (Address of Principal Executive Offices) | (Zip Code) |
| Registrant’s telephone number, including area code (303) 863-7414 |  |

Securities registered or to be registered pursuant to Section 12(b) of the Act.

Title of each class Trading Symbol Name of each exchange on which registered

Common stock, par value $1.60 per share NEM New York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. ☒ Yes ☐ No

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). ☒ Yes ☐ No

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12-b2 of the Exchange Act.

Large accelerated filer ☒ Accelerated filer ☐

Non-accelerated filer ☐ Smaller reporting company ☐

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12-b2 of the Exchange Act). ☐ Yes ☒ No

There were 1,053,692,271 shares of common stock outstanding on July 16, 2026.

TABLE OF CONTENTS

[PART I – FINANCIAL INFORMATION](#i1ec2bbf370b3417b817522c5a008cee5_16) Page

[GLOSSARY OF ABBREVIATIONS](#i1ec2bbf370b3417b817522c5a008cee5_10) [1](#i1ec2bbf370b3417b817522c5a008cee5_10)

[RESULTS AND HIGHLIGHTS](#i1ec2bbf370b3417b817522c5a008cee5_13) [2](#i1ec2bbf370b3417b817522c5a008cee5_13)

[ITEM 1.](#i1ec2bbf370b3417b817522c5a008cee5_19) [FINANCIAL STATEMENTS](#i1ec2bbf370b3417b817522c5a008cee5_19) [6](#i1ec2bbf370b3417b817522c5a008cee5_19)

[Condensed Consolidated Statements of Operations](#i1ec2bbf370b3417b817522c5a008cee5_22) [6](#i1ec2bbf370b3417b817522c5a008cee5_22)

[Condensed Consolidated Statements of Comprehensive Income (Loss)](#i1ec2bbf370b3417b817522c5a008cee5_25) [7](#i1ec2bbf370b3417b817522c5a008cee5_25)

[Condensed Consolidated Balance Sheets](#i1ec2bbf370b3417b817522c5a008cee5_28) [8](#i1ec2bbf370b3417b817522c5a008cee5_28)

[Condensed Consolidated Statements of Cash Flows](#i1ec2bbf370b3417b817522c5a008cee5_31) [9](#i1ec2bbf370b3417b817522c5a008cee5_31)

[Condensed Consolidated Statement](#i1ec2bbf370b3417b817522c5a008cee5_34)[s](#i1ec2bbf370b3417b817522c5a008cee5_34)[of Changes in Equity](#i1ec2bbf370b3417b817522c5a008cee5_34) [10](#i1ec2bbf370b3417b817522c5a008cee5_34)

[Notes to the Condensed Consolidated Financial Statements](#i1ec2bbf370b3417b817522c5a008cee5_37) [12](#i1ec2bbf370b3417b817522c5a008cee5_37)

[Note 1 Basis of Presentation](#i1ec2bbf370b3417b817522c5a008cee5_40) [12](#i1ec2bbf370b3417b817522c5a008cee5_40)

[Note 2 Summary of Significant Accounting Policies](#i1ec2bbf370b3417b817522c5a008cee5_43) [12](#i1ec2bbf370b3417b817522c5a008cee5_43)

[Note 3 Divestitures](#i1ec2bbf370b3417b817522c5a008cee5_46) [13](#i1ec2bbf370b3417b817522c5a008cee5_46)

[Note 4 Segment Information](#i1ec2bbf370b3417b817522c5a008cee5_49) [14](#i1ec2bbf370b3417b817522c5a008cee5_49)

[Note 5 Sales](#i1ec2bbf370b3417b817522c5a008cee5_55) [19](#i1ec2bbf370b3417b817522c5a008cee5_55)

[Note 6 Reclamation and Remediation](#i1ec2bbf370b3417b817522c5a008cee5_58) [21](#i1ec2bbf370b3417b817522c5a008cee5_58)

[Note 7 Other Expense, Net](#i1ec2bbf370b3417b817522c5a008cee5_61) [22](#i1ec2bbf370b3417b817522c5a008cee5_61)

[Note 8 Other Income (Loss), Net](#i1ec2bbf370b3417b817522c5a008cee5_64) [22](#i1ec2bbf370b3417b817522c5a008cee5_64)

[Note 9 Income and Mining Taxes](#i1ec2bbf370b3417b817522c5a008cee5_67) [23](#i1ec2bbf370b3417b817522c5a008cee5_67)

[Note 10 Fair Value Accounting](#i1ec2bbf370b3417b817522c5a008cee5_70) [23](#i1ec2bbf370b3417b817522c5a008cee5_70)

[Note 11 Derivative Instruments](#i1ec2bbf370b3417b817522c5a008cee5_73) [25](#i1ec2bbf370b3417b817522c5a008cee5_73)

[Note 12 Investments](#i1ec2bbf370b3417b817522c5a008cee5_76) [27](#i1ec2bbf370b3417b817522c5a008cee5_76)

[Note 13 Inventories](#i1ec2bbf370b3417b817522c5a008cee5_79) [28](#i1ec2bbf370b3417b817522c5a008cee5_79)

[Note 14 Stockpiles and Ore on Leach Pads](#i1ec2bbf370b3417b817522c5a008cee5_82) [28](#i1ec2bbf370b3417b817522c5a008cee5_82)

[Note 15 Debt](#i1ec2bbf370b3417b817522c5a008cee5_85) [28](#i1ec2bbf370b3417b817522c5a008cee5_85)

[Note 16 Other Liabilities](#i1ec2bbf370b3417b817522c5a008cee5_88) [29](#i1ec2bbf370b3417b817522c5a008cee5_88)

[Note 17 Commitments and Contingencies](#i1ec2bbf370b3417b817522c5a008cee5_97) [29](#i1ec2bbf370b3417b817522c5a008cee5_97)

[ITEM 2.](#i1ec2bbf370b3417b817522c5a008cee5_100) [MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS](#i1ec2bbf370b3417b817522c5a008cee5_100) [35](#i1ec2bbf370b3417b817522c5a008cee5_100)

[Overview](#i1ec2bbf370b3417b817522c5a008cee5_103) [35](#i1ec2bbf370b3417b817522c5a008cee5_103)

[Consolidated Financial Results](#i1ec2bbf370b3417b817522c5a008cee5_106) [36](#i1ec2bbf370b3417b817522c5a008cee5_106)

[Results of Consolidated Operations](#i1ec2bbf370b3417b817522c5a008cee5_127) [41](#i1ec2bbf370b3417b817522c5a008cee5_127)

[Liquidity and Capital Resources](#i1ec2bbf370b3417b817522c5a008cee5_133) [48](#i1ec2bbf370b3417b817522c5a008cee5_133)

[Environmental](#i1ec2bbf370b3417b817522c5a008cee5_154) [53](#i1ec2bbf370b3417b817522c5a008cee5_154)

[Non-GAAP Financial Measures](#i1ec2bbf370b3417b817522c5a008cee5_157) [53](#i1ec2bbf370b3417b817522c5a008cee5_157)

[Accounting Developments](#i1ec2bbf370b3417b817522c5a008cee5_178) [62](#i1ec2bbf370b3417b817522c5a008cee5_178)

[Safe Harbor Statement](#i1ec2bbf370b3417b817522c5a008cee5_181) [62](#i1ec2bbf370b3417b817522c5a008cee5_181)

[ITEM 3.](#i1ec2bbf370b3417b817522c5a008cee5_184) [QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK](#i1ec2bbf370b3417b817522c5a008cee5_184) [64](#i1ec2bbf370b3417b817522c5a008cee5_184)

[ITEM 4.](#i1ec2bbf370b3417b817522c5a008cee5_187) [CONTROLS AND PROCEDURES](#i1ec2bbf370b3417b817522c5a008cee5_187) [66](#i1ec2bbf370b3417b817522c5a008cee5_187)

[PART II – OTHER INFORMATION](#i1ec2bbf370b3417b817522c5a008cee5_190)

[ITEM 1.](#i1ec2bbf370b3417b817522c5a008cee5_193) [LEGAL PROCEEDINGS](#i1ec2bbf370b3417b817522c5a008cee5_193) [67](#i1ec2bbf370b3417b817522c5a008cee5_193)

[ITEM 1A.](#i1ec2bbf370b3417b817522c5a008cee5_196) [RISK FACTORS](#i1ec2bbf370b3417b817522c5a008cee5_196) [67](#i1ec2bbf370b3417b817522c5a008cee5_196)

[ITEM 2.](#i1ec2bbf370b3417b817522c5a008cee5_199) [UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS](#i1ec2bbf370b3417b817522c5a008cee5_199) [68](#i1ec2bbf370b3417b817522c5a008cee5_199)

[ITEM 3.](#i1ec2bbf370b3417b817522c5a008cee5_202) [DEFAULTS UPON SENIOR SECURITIES](#i1ec2bbf370b3417b817522c5a008cee5_202) [68](#i1ec2bbf370b3417b817522c5a008cee5_202)

[ITEM 4.](#i1ec2bbf370b3417b817522c5a008cee5_205) [MINE SAFETY DISCLOSURES](#i1ec2bbf370b3417b817522c5a008cee5_205) [68](#i1ec2bbf370b3417b817522c5a008cee5_205)

[ITEM 5.](#i1ec2bbf370b3417b817522c5a008cee5_208) [OTHER INFORMATION](#i1ec2bbf370b3417b817522c5a008cee5_208) [68](#i1ec2bbf370b3417b817522c5a008cee5_208)

[ITEM 6.](#i1ec2bbf370b3417b817522c5a008cee5_214) [EXHIBITS](#i1ec2bbf370b3417b817522c5a008cee5_214) [69](#i1ec2bbf370b3417b817522c5a008cee5_214)

[SIGNATURES](#i1ec2bbf370b3417b817522c5a008cee5_217) [70](#i1ec2bbf370b3417b817522c5a008cee5_217)

GLOSSARY: UNITS OF MEASURE AND ABBREVIATIONS

Unit Unit of Measure

$United States Dollar

% Percent

A$ Australian Dollar

C$ Canadian Dollar

gram Metric Gram

ounce Troy Ounce

tonne Metric Ton

- Abbreviation Description
- AISC (1) All-In Sustaining Costs
- ARC Asset Retirement Cost
- ASC FASB Accounting Standard Codification
- ASU FASB Accounting Standard Update
- AUD Australian Dollar
- CAD Canadian Dollar
- CAS Costs Applicable to Sales
- EBITDA (1) Earnings Before Interest, Taxes, Depreciation and Amortization
- EPA U.S. Environmental Protection Agency
- Exchange Act U.S. Securities Exchange Act of 1934
- FASB Financial Accounting Standards Board
- GAAP U.S. Generally Accepted Accounting Principles
- GEO (2) Gold Equivalent Ounces
- IMF International Monetary Fund
- INDEC Instituto Nacional de Estadistica y Censos
- LBMA London Bullion Market Association
- MD&A Management’s Discussion and Analysis of Consolidated Financial Condition and Results of Operations
- MINAM Ministry of the Environment of Peru
- Mine Act U.S. Federal Mine Safety and Health Act of 1977
- MINEM Ministry of Energy and Mines of Peru
- MXN Mexican Peso
- NPDES National Pollutant Discharge Elimination System
- NSR Net Smelter Return
- PNG Papua New Guinea
- SEC U.S. Securities and Exchange Commission
- Securities Act U.S. Securities Act of 1933, as amended
- TARP Taxable Australian Real Property
- TSF Tailings Storage Facility
- UOP Units of Production
- U.S. The United States of America
- USD United States Dollar
- WTP Water Treatment Plant

### ____________________________

(1) Refer to Non-GAAP Financial Measures within Part I, Item 2, MD&A.

(2) Refer to Results of Consolidated Operations within Part I, Item 2, MD&A.

### NEWMONT CORPORATION

### RESULTS AND HIGHLIGHTS

(unaudited, in millions, except per share, per ounce, per pound, and per tonne)

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
| --- | --- | --- | --- | --- |
| Financial Results: |  |  |  |  |
| Sales | $6,118 | $5,317 | $13,425 | $10,327 |
| Gold | $5,276 | $4,582 | $11,312 | $8,827 |
| Copper | $319 | $360 | $697 | $714 |
| Silver | $344 | $191 | $1,002 | $379 |
| Lead | $32 | $43 | $84 | $85 |
| Zinc | $147 | $141 | $330 | $322 |
| Costs applicable to sales (1) | $2,088 | $2,001 | $4,025 | $4,107 |
| Gold | $1,749 | $1,677 | $3,359 | $3,446 |
| Copper | $96 | $166 | $194 | $310 |
| Silver | $162 | $60 | $307 | $122 |
| Lead | $16 | $21 | $33 | $42 |
| Zinc | $65 | $77 | $132 | $187 |
| Net income (loss) | $2,251 | $2,075 | $5,579 | $3,977 |
| Net income (loss) attributable to Newmont stockholders | $2,202 | $2,061 | $5,464 | $3,952 |
| Net income (loss) attributable to Newmont stockholders per common share, diluted: | $2.06 | $1.85 | $5.07 | $3.53 |
| Adjusted net income (loss) (2) | $2,246 | $1,594 | $5,402 | $2,998 |
| Adjusted net income (loss) per share, diluted (2) | $2.10 | $1.43 | $5.01 | $2.68 |
| Earnings before interest, taxes and depreciation and amortization (2) | $3,638 | $3,803 | $8,892 | $6,946 |
| Adjusted earnings before interest, taxes and depreciation and amortization (2) | $3,757 | $2,997 | $8,911 | $5,626 |
| Net cash provided by (used in) operating activities |  |  | $6,709 | $4,415 |
| Free cash flow (2) |  |  | $5,349 | $2,915 |
| Cash dividends paid per common share in the period ended June 30, | $0.26 | $0.25 | $0.52 | $0.50 |
| Cash dividends declared per common share for the period ended June 30, | $0.26 | $0.25 | $0.52 | $0.50 |

### ____________________________

(1) Excludes Depreciation and amortization and Reclamation and remediation.

(2) Refer to Non-GAAP Financial Measures within Part I, Item 2, MD&A.

### NEWMONT CORPORATION

### RESULTS AND HIGHLIGHTS

(unaudited, in millions, except per share, per ounce, per pound, and per tonne)

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
| --- | --- | --- | --- | --- |
| Operating Results: |  |  |  |  |
| Consolidated gold ounces (thousands): |  |  |  |  |
| Produced | 1,199 | 1,390 | 2,430 | 2,850 |
| Sold | 1,195 | 1,380 | 2,427 | 2,822 |
| Attributable gold ounces (thousands): |  |  |  |  |
| Attributable to Newmont | 1,181 | 1,377 | 2,390 | 2,822 |
| Pueblo Viejo (40%) | 74 | 63 | 128 | 112 |
| Fruta del Norte (1) | 38 | 38 | 76 | 81 |
| Produced | 1,293 | 1,478 | 2,594 | 3,015 |
| Sold (2) | 1,177 | 1,363 | 2,388 | 2,793 |
| Consolidated and attributable gold equivalent ounces - other metals (thousands): |  |  |  |  |
| Produced | 169 | 392 | 427 | 740 |
| Sold | 176 | 361 | 437 | 729 |
| Consolidated and attributable - other metals: |  |  |  |  |
| Produced copper: |  |  |  |  |
| Pounds (millions) | 39 | 83 | 106 | 159 |
| Tonnes (thousands) | 17 | 36 | 47 | 71 |
| Sold copper: |  |  |  |  |
| Pounds (millions) | 46 | 83 | 113 | 159 |
| Tonnes (thousands) | 22 | 37 | 52 | 72 |
| Produced silver (million ounces) | 7 | 8 | 16 | 14 |
| Sold silver (million ounces) | 6 | 7 | 16 | 13 |
| Produced lead: |  |  |  |  |
| Pounds (millions) | 39 | 59 | 99 | 108 |
| Tonnes (thousands) | 18 | 27 | 45 | 49 |
| Sold lead: |  |  |  |  |
| Pounds (millions) | 36 | 50 | 98 | 97 |
| Tonnes (thousands) | 17 | 23 | 45 | 44 |
| Produced zinc: |  |  |  |  |
| Pounds (millions) | 88 | 147 | 226 | 278 |
| Tonnes (thousands) | 40 | 67 | 102 | 126 |
| Sold zinc: |  |  |  |  |
| Pounds (millions) | 89 | 124 | 216 | 285 |
| Tonnes (thousands) | 40 | 56 | 98 | 129 |
| Average realized price: |  |  |  |  |
| Gold (per ounce) | $4,414 | $3,320 | $4,661 | $3,128 |
| Copper (per pound) | $6.82 | $4.37 | $6.15 | $4.51 |
| Copper (per tonne) | $15,035 | $9,628 | $13,562 | $9,928 |
| Silver (per ounce) | $53.49 | $29.50 | $61.51 | $29.80 |
| Lead (per pound) | $0.88 | $0.88 | $0.85 | $0.88 |
| Lead (per tonne) | $1,931 | $1,927 | $1,884 | $1,942 |
| Zinc (per pound) | $1.64 | $1.13 | $1.52 | $1.13 |
| Zinc (per tonne) | $3,607 | $2,497 | $3,359 | $2,489 |

### NEWMONT CORPORATION

### RESULTS AND HIGHLIGHTS

(unaudited, in millions, except per share, per ounce, per pound, and per tonne)

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
| --- | --- | --- | --- | --- |
| Operating Results (continued): |  |  |  |  |
| Consolidated costs applicable to sales: (3)(4) |  |  |  |  |
| Gold (per ounce) | $1,463 | $1,215 | $1,384 | $1,221 |
| Gold equivalent ounces - other metals (per ounce) | $1,925 | $899 | $1,522 | $907 |
| Copper (per tonne) | $4,503 | $4,422 | $3,780 | $4,307 |
| Silver (per ounce) | $25 | $9 | $19 | $10 |
| Lead (per tonne) | $1,022 | $933 | $749 | $965 |
| Zinc (per tonne) | $1,603 | $1,376 | $1,341 | $1,445 |
| All-in sustaining costs: (5) |  |  |  |  |
| Gold (per ounce) | $1,938 | $1,593 | $1,822 | $1,623 |
| Gold equivalent ounces - other metals (per ounce) | $2,660 | $1,203 | $2,107 | $1,239 |
| Copper (per tonne) | $7,584 | $6,068 | $5,958 | $6,042 |
| Silver (per ounce) | $31 | $12 | $24 | $12 |
| Lead (per tonne) | $1,269 | $1,146 | $950 | $1,165 |
| Zinc (per tonne) | $2,088 | $1,659 | $1,791 | $1,866 |

(1) The Fruta del Norte mine is wholly owned and operated by Lundin Gold Inc. ("Lundin Gold"), in which Newmont holds a 32% interest, and is accounted for as an equity method investment on a quarter lag.

(2) Attributable gold ounces sold excludes ounces related to the Pueblo Viejo mine and the Fruta del Norte mine.

(3) Excludes Depreciation and amortization and Reclamation and remediation.

(4) Calculated by dividing the costs applicable to sales of gold and other metals by gold ounces or gold equivalent ounces sold, respectively.

(5) All AISC figures are presented on a co-product basis; costs are allocated to co-product metals based upon the relative sales value, determined using GEO pricing, of gold and other metals produced during the period. Refer to Non-GAAP Financial Measures within Part I, Item 2, MD&A.

### Second Quarter 2026 Highlights (dollars in millions, except per share, per ounce, per pound, and per tonne amounts, unless otherwise noted)

- Net income: Reported Net income (loss) attributable to Newmont stockholders of $2,202 or $2.06 per diluted share, an increase of $141 from the prior-year quarter primarily due to a net increase in Sales, largely reflecting higher average realized gold prices partially offset by lower sales volumes; partially offset by unrealized losses on marketable equity securities recognized in 2026, compared to unrealized gains in 2025, recognized within Other income (loss), net. Results for the current quarter were also affected by certain notable items impacting comparability to the prior-year quarter, including the contribution from Ahafo North following its achievement of commercial production in the fourth quarter of 2025 and designation as a reportable segment, completion of our divestment program in 2025, and the temporary suspension of operations at Cadia following seismic activity recorded near the operation on April 14, 2026.
- Adjusted net income: Reported Adjusted net income (loss) of $2,246 or $2.10 per diluted share, an increase of $0.67 per diluted share from the prior-year quarter (refer to Non-GAAP Financial Measures within Part I, Item 2, MD&A).
- Adjusted EBITDA: Reported $3,757 in Adjusted EBITDA, an increase of 25% from the prior-year quarter (refer to Non-GAAP Financial Measures within Part I, Item 2, MD&A).
- Cash flow: Reported Net cash provided by (used in) operating activities of $6,709 for the six months ended June 30, 2026, an increase of 52% from the prior year, and Free cash flow of $5,349 for the six months ended June 30, 2026 (refer to Non-GAAP Financial Measures within Part I, Item 2, MD&A).
- Sustainability: Published the Annual Sustainability Report, providing a transparent view of its safety and sustainability performance, and the Taxes and Royalties Contribution Report, providing an overview of the Company's tax strategy and economic contributions as part of its commitment to shared value creation.
- Portfolio updates: Received a 13% ownership interest in LunR Royalties Corp. with an initial fair value of $268 through a dividend-in-kind distribution from Lundin Gold.
- Attributable production: Produced 1.3 million attributable ounces of gold and 169 thousand attributable gold equivalent ounces from co-products (17 thousand tonnes of copper, 7 million ounces of silver, 18 thousand tonnes of lead, and 40 thousand tonnes of zinc).
- Financial strength: Ended the quarter with $9,009 of consolidated cash and $13,009 of total liquidity; repurchased $3,462 of common stock for the six months ended June 30, 2026. In July, settled an additional $606 of share repurchases and declared a dividend of $0.26 per share.

### PART I—FINANCIAL INFORMATION

## ITEM 1. FINANCIAL STATEMENTS.

**NEWMONT CORPORATION**

### CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

_(unaudited, dollars in millions except per share)_

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
| --- | --- | --- | --- | --- |
| Sales (Note 5) | $6,118 | $5,317 | $13,425 | $10,327 |
| Costs and expenses: |  |  |  |  |
| Costs applicable to sales (1) | 2,088 | 2,001 | 4,025 | 4,107 |
| Depreciation and amortization | 604 | 620 | 1,236 | 1,213 |
| Reclamation and remediation (Note 6) | 81 | 83 | 159 | 176 |
| Exploration | 69 | 61 | 120 | 110 |
| Advanced projects, research and development | 47 | 40 | 92 | 83 |
| General and administrative | 74 | 95 | 153 | 205 |
| (Gain) loss on sale of assets held for sale (Note 3) | (5) | (699) | (5) | (975) |
| Other expense, net (Note 7) | 64 | 48 | 83 | 91 |
|  | 3,022 | 2,249 | 5,863 | 5,010 |
| Other income (expense): |  |  |  |  |
| Other income (loss), net (Note 8) | (62) | 115 | 94 | 416 |
| Interest expense, net of capitalized interest | (35) | (65) | (74) | (144) |
|  | (97) | 50 | 20 | 272 |
| Income (loss) before income and mining tax and other items | 2,999 | 3,118 | 7,582 | 5,589 |
| Income and mining tax benefit (expense) (Note 9) | (952) | (1,092) | (2,356) | (1,739) |
| Equity income (loss) of affiliates (Note 12) | 204 | 49 | 353 | 127 |
| Net income (loss) | 2,251 | 2,075 | 5,579 | 3,977 |
| Net loss (income) attributable to noncontrolling interests (2) | (49) | (14) | (115) | (25) |
| Net income (loss) attributable to Newmont stockholders | $2,202 | $2,061 | $5,464 | $3,952 |
| Weighted average common shares: |  |  |  |  |
| Basic | 1,065 | 1,110 | 1,075 | 1,118 |
| Effect of employee stock-based awards | 2 | 2 | 2 | 2 |
| Diluted | 1,067 | 1,112 | 1,077 | 1,120 |
| Net income (loss) attributable to Newmont stockholders per common share: |  |  |  |  |
| Basic | $2.07 | $1.86 | $5.08 | $3.53 |
| Diluted | $2.06 | $1.85 | $5.07 | $3.53 |

(1) Excludes Depreciation and amortization and Reclamation and remediation.

(2) Relates to the Suriname Gold project C.V. (“Merian”) reportable segment.

The accompanying notes are an integral part of the Condensed Consolidated Financial Statements.

**NEWMONT CORPORATION**

### CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

_(unaudited, dollars in millions)_

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
| --- | --- | --- | --- | --- |
| Net income (loss) | $2,251 | $2,075 | $5,579 | $3,977 |
| Other comprehensive income (loss): |  |  |  |  |
| Change in cash flow hedges, net of tax | (45) | 93 | (27) | 153 |
| Other adjustments, net of tax | 3 | (10) | 4 | (14) |
| Other comprehensive income (loss) | (42) | 83 | (23) | 139 |
| Comprehensive income (loss) | $2,209 | $2,158 | $5,556 | $4,116 |
| Comprehensive income (loss) attributable to: |  |  |  |  |
| Newmont stockholders | $2,160 | $2,144 | $5,441 | $4,091 |
| Noncontrolling interests | 49 | 14 | 115 | 25 |
|  | $2,209 | $2,158 | $5,556 | $4,116 |

The accompanying notes are an integral part of the Condensed Consolidated Financial Statements.

**NEWMONT CORPORATION**

### CONDENSED CONSOLIDATED BALANCE SHEETS

_(unaudited, dollars in millions)_

| Line item | At June 30,2026 | At December 31,2025 |
| --- | --- | --- |
| ASSETS |  |  |
| Cash and cash equivalents | $9,009 | $7,647 |
| Trade receivables (Note 5) | 686 | 1,067 |
| Investments (Note 12) | — | 594 |
| Inventories (Note 13) | 1,478 | 1,512 |
| Stockpiles and ore on leach pads (Note 14) | 1,321 | 1,177 |
| Other receivables | 492 | 678 |
| Other current assets | 320 | 391 |
| Current assets | 13,306 | 13,066 |
| Property, plant and mine development, net | 33,583 | 33,310 |
| Investments (Note 12) | 4,122 | 4,186 |
| Stockpiles and ore on leach pads (Note 14) | 2,536 | 2,410 |
| Deferred income tax assets | 22 | 45 |
| Goodwill | 2,658 | 2,658 |
| Other non-current assets | 1,414 | 1,446 |
| Total assets | $57,641 | $57,121 |
| LIABILITIES |  |  |
| Accounts payable | $906 | $816 |
| Employee-related benefits | 708 | 898 |
| Income and mining taxes payable | 1,272 | 1,188 |
| Lease and other financing obligations | 132 | 118 |
| Other current liabilities ($339 valued under fair value option at December 31, 2025) (Note 16) | 2,208 | 2,692 |
| Current liabilities | 5,226 | 5,712 |
| Debt (Note 15) | 5,083 | 5,115 |
| Lease and other financing obligations | 383 | 356 |
| Reclamation and remediation liabilities (Note 6) | 6,184 | 6,297 |
| Deferred income tax liabilities | 3,851 | 4,045 |
| Employee-related benefits | 616 | 634 |
| Silver streaming agreement | 546 | 598 |
| Other non-current liabilities (Note 16) | 338 | 322 |
| Total liabilities | 22,227 | 23,079 |
| Commitments and contingencies (Note 17) |  |  |
| EQUITY |  |  |
| Common stock | 1,704 | 1,753 |
| Treasury stock | (348) | (301) |
| Additional paid-in capital | 28,057 | 28,847 |
| Accumulated other comprehensive income (loss) | 114 | 137 |
| Retained earnings | 5,716 | 3,431 |
| Newmont stockholders' equity | 35,243 | 33,867 |
| Noncontrolling interests | 171 | 175 |
| Total equity | 35,414 | 34,042 |
| Total liabilities and equity | $57,641 | $57,121 |

The accompanying notes are an integral part of the Condensed Consolidated Financial Statements.

**NEWMONT CORPORATION**

### CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

_(unaudited, dollars in millions)_

| Line item | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
| --- | --- | --- |
| Operating activities: |  |  |
| Net income (loss) | $5,579 | $3,977 |
| Non-cash adjustments: |  |  |
| Depreciation and amortization | 1,236 | 1,213 |
| (Gain) loss on sale of assets held for sale | (5) | (975) |
| Reclamation and remediation | 149 | 166 |
| Deferred income taxes | (146) | 342 |
| Change in fair value of investments and options | 24 | (442) |
| Other non-cash adjustments | 164 | 119 |
| Change in operating assets and liabilities: |  |  |
| Trade and other receivables | 531 | 443 |
| Inventories, stockpiles and ore on leach pads | (283) | (236) |
| Other assets | 16 | (98) |
| Accounts payable | 102 | (99) |
| Reclamation and remediation liabilities | (458) | (280) |
| Accrued tax liabilities (1) | 84 | 354 |
| Other accrued liabilities | (284) | (69) |
| Net cash provided by (used in) operating activities | 6,709 | 4,415 |
| Investing activities: |  |  |
| Additions to property, plant and mine development | (1,360) | (1,500) |
| Proceeds from sales of investments | 257 | 374 |
| Proceeds from sales of mining operations and other assets, net | 100 | 2,675 |
| Contributions to equity method investees | (57) | (48) |
| Return of investment from equity method investees | 42 | 44 |
| Other | (15) | (128) |
| Net cash provided by (used in) investing activities | (1,033) | 1,417 |
| Financing activities: |  |  |
| Repurchases of common stock | (3,462) | (1,359) |
| Dividends paid to common stockholders | (559) | (561) |
| Distributions to noncontrolling interests | (189) | (100) |
| Funding from noncontrolling interests | 68 | 70 |
| Payments on lease and other financing obligations | (53) | (46) |
| Repayment of debt | (39) | (1,383) |
| Other | (67) | (28) |
| Net cash provided by (used in) financing activities | (4,301) | (3,407) |
| Effect of exchange rate changes on cash, cash equivalents and restricted cash | (16) | 5 |
| Net change in cash, cash equivalents and restricted cash, including cash and restricted cash reclassified to assets held for sale | 1,359 | 2,430 |
| Change in cash and restricted cash reclassified to assets held for sale | — | 138 |
| Net change in cash, cash equivalents and restricted cash | 1,359 | 2,568 |
| Cash, cash equivalents and restricted cash at beginning of period | 7,684 | 3,650 |
| Cash, cash equivalents and restricted cash at end of period | $9,043 | $6,218 |
| Reconciliation of cash, cash equivalents and restricted cash: |  |  |
| Cash and cash equivalents | $9,009 | $6,185 |
| Restricted cash included in other current assets | 1 | 2 |
| Restricted cash included in other non-current assets | 33 | 31 |
| Total cash, cash equivalents and restricted cash | $9,043 | $6,218 |

(1) Includes $2,349 and $1,113 of cash payments for income and mining taxes, net of refunds, for the six months ended June 30, 2026 and 2025, respectively.

The accompanying notes are an integral part of the Condensed Consolidated Financial Statements.

**NEWMONT CORPORATION**

### CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

_(unaudited, dollars in millions except per share)_

| Line item | Common Stock / Shares | Common Stock / Amount | Treasury Stock / Shares | Treasury Stock / Amount | Additional Paid-In Capital | Accumulated Other Comprehensive Income (Loss) | Retained Earnings(Accumulated Deficit) | Noncontrolling Interests | Total Equity |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Balance at December 31, 2025 | 1,096 | $1,753 | (7) | $(301) | $28,847 | $137 | $3,431 | $175 | $34,042 |
| Net income (loss) | — | — | — | — | — | — | 3,262 | 66 | 3,328 |
| Other comprehensive income (loss) | — | — | — | — | — | 19 | — | — | 19 |
| Dividends declared (1) | — | — | — | — | — | — | (281) | — | (281) |
| Distributions declared to noncontrolling interests | — | — | — | — | — | — | — | (105) | (105) |
| Cash calls requested from noncontrolling interests | — | — | — | — | — | — | — | 36 | 36 |
| Repurchase and retirement of common stock | (17) | (28) | — | — | (446) | — | (1,440) | — | (1,914) |
| Withholding of employee taxes related to stock-based compensation | — | — | — | (45) | — | — | — | — | (45) |
| Stock-based awards and related share issuances | 1 | 2 | — | — | 16 | — | — | — | 18 |
| Balance at March 31, 2026 | 1,080 | 1,727 | (7) | (346) | 28,417 | 156 | 4,972 | 172 | 35,098 |
| Net income (loss) | — | — | — | — | — | — | 2,202 | 49 | 2,251 |
| Other comprehensive income (loss) | — | — | — | — | — | (42) | — | — | (42) |
| Dividends declared (1) | — | — | — | — | — | — | (277) | — | (277) |
| Distributions declared to noncontrolling interests | — | — | — | — | — | — | — | (84) | (84) |
| Cash calls requested from noncontrolling interests | — | — | — | — | — | — | — | 34 | 34 |
| Repurchase and retirement of common stock (2) | (14) | (23) | — | — | (379) | — | (1,181) | — | (1,583) |
| Withholding of employee taxes related to stock-based compensation | — | — | — | (2) | — | — | — | — | (2) |
| Stock-based awards and related share issuances | — | — | — | — | 19 | — | — | — | 19 |
| Balance at June 30, 2026 | 1,066 | $1,704 | (7) | $(348) | $28,057 | $114 | $5,716 | $171 | $35,414 |

(1) Cash dividends paid per common share were $0.26 and $0.52 for the three and six months ended June 30, 2026, respectively.

(2) An additional $606 of common stock was repurchased and retired subsequent to June 30, 2026 through the date of filing.

**NEWMONT CORPORATION**

### CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

_(unaudited, dollars in millions except per share)_

| Line item | Common Stock / Shares | Common Stock / Amount | Treasury Stock / Shares | Treasury Stock / Amount | Additional Paid-In Capital | Accumulated Other Comprehensive Income (Loss) | Retained Earnings(Accumulated Deficit) | Noncontrolling Interests | Total Equity |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Balance at December 31, 2024 | 1,134 | $1,813 | (7) | $(278) | $29,808 | $(95) | $(1,320) | $181 | $30,109 |
| Net income (loss) | — | — | — | — | — | — | 1,891 | 11 | 1,902 |
| Other comprehensive income (loss) | — | — | — | — | — | 56 | — | — | 56 |
| Dividends declared (1) | — | — | — | — | — | — | (280) | — | (280) |
| Distributions declared to noncontrolling interests | — | — | — | — | — | — | — | (44) | (44) |
| Cash calls requested from noncontrolling interests | — | — | — | — | — | — | — | 35 | 35 |
| Repurchase and retirement of common stock | (8) | (12) | — | — | (201) | — | (138) | — | (351) |
| Withholding of employee taxes related to stock-based compensation | — | — | — | (15) | — | — | — | — | (15) |
| Stock-based awards and related share issuances | 1 | 2 | — | — | 17 | — | — | — | 19 |
| Balance at March 31, 2025 | 1,127 | 1,803 | (7) | (293) | 29,624 | (39) | 153 | 183 | 31,431 |
| Net income (loss) | — | — | — | — | — | — | 2,061 | 14 | 2,075 |
| Other comprehensive income (loss) | — | — | — | — | — | 83 | — | — | 83 |
| Dividends declared (1) | — | — | — | — | — | — | (281) | — | (281) |
| Distributions declared to noncontrolling interests | — | — | — | — | — | — | — | (56) | (56) |
| Cash calls requested from noncontrolling interests | — | — | — | — | — | — | — | 34 | 34 |
| Repurchase and retirement of common stock | (19) | (31) | — | — | (506) | — | (484) | — | (1,021) |
| Withholding of employee taxes related to stock-based compensation | — | — | — | (1) | — | — | — | — | (1) |
| Stock-based awards and related share issuances | — | — | — | — | 23 | — | — | — | 23 |
| Balance at June 30, 2025 | 1,108 | $1,772 | (7) | $(294) | $29,141 | $44 | $1,449 | $175 | $32,287 |

(1) Cash dividends paid per common share were $0.25 and $0.50 for the three and six months ended June 30, 2025, respectively.

The accompanying notes are an integral part of the Condensed Consolidated Financial Statements.

### NEWMONT CORPORATION

### NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

### NOTE 1 BASIS OF PRESENTATION

The interim Condensed Consolidated Financial Statements (“interim statements”) of Newmont Corporation, a Delaware corporation, and its subsidiaries (collectively, “Newmont,” “we,” “us,” or the “Company”) are unaudited. In the opinion of management, all normal recurring adjustments and disclosures necessary for a fair presentation of these interim statements have been included. The results reported in these interim statements are not necessarily indicative of the results that may be reported for the entire year. These interim statements should be read in conjunction with Newmont’s Consolidated Financial Statements for the year ended December 31, 2025, as filed with the SEC on February 19, 2026 on Form 10-K. The year-end balance sheet data was derived from the audited financial statements, and in accordance with the instructions to Form 10-Q, certain information and footnote disclosures required by GAAP have been condensed or omitted.

#### Reportable Segments

In October 2025, the Company declared commercial production at its Ahafo North project in Ghana resulting in classification as a reportable segment. Prior to declaration of commercial production, Ahafo North was classified as a development project, and all activity was included in the Ahafo South reportable segment up to the date of commercial production. Although not a reportable segment until the fourth quarter of 2025, the amounts related to Ahafo North have been reported separately for comparability purposes. Refer to Note 4 for further information.

#### Divestiture of Non-Core Assets

The Company completed the sale of the CC&V, Musselwhite, and Éléonore reportable segments in the first quarter of 2025, the sale of the Porcupine and Akyem reportable segments in the second quarter of 2025, and the sale of the Coffee development project in the fourth quarter of 2025. Refer to Note 3 for further information on divestitures.

### NOTE 2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

#### Risks and Uncertainties

As a global mining company, the Company’s revenue, profitability and future rate of growth are substantially dependent on prevailing commodity prices, primarily for gold, as well as copper, silver, lead, and zinc. Commodity markets have been historically very volatile, and there can be no assurance that commodity prices will not be subject to wide fluctuations in the future. A substantial or unfavorable movement in commodity prices could have a material adverse effect on the Company’s financial position, results of operations, cash flows, access to capital, and the economic viability of mineral reserves. The carrying values of the Company’s Property, plant and mine development, net; Inventories; Stockpiles and ore on leach pads; Investments; Deferred income tax assets; and Goodwill are particularly sensitive to commodity price assumptions. A decline in the Company’s commodity price outlook could result in material impairment charges related to these assets.

The Company's global operations expose it to risks arising from public health crises, macroeconomic conditions, including inflationary pressures and related monetary policy actions, and geopolitical developments. Geopolitical tensions and military activity, including military operations in Iran, Ukraine, and Venezuela, as well as the potential for additional conflicts, war, or civil unrest, may disrupt global supply chains, including cost and supply of critical materials, increase in fuel, energy, and transportation and other operating costs, and contribute to volatility in labor, financial, and commodity markets.

Additional factors that could have short- and, possibly, long-term material adverse impacts on the Company include continued volatility in commodity prices; changes in equity and debt markets or country-specific factors affecting discount rates; significant cost inflation impacting production, capital expenditures, and asset retirement costs; logistical constraints; energy market disruptions; workforce interruptions; and uncertainties related to the costs, timing, and execution of projects.

Refer to Note 17 below for further information on risks and uncertainties that could have a potential impact on the Company as well as Note 2 to the Consolidated Financial Statements included in Part II, Item 8, of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 19, 2026.

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the accounting for and recognition and disclosure of assets, liabilities, equity, revenues, and expenses. The Company must make these estimates and assumptions because certain information used is dependent on future events, cannot be calculated with a high degree of precision from data available or simply cannot be readily calculated based on generally accepted methodologies. Actual results could differ from these estimates.

#### Reclassifications

Certain amounts and disclosures in prior years have been reclassified to conform to the current year presentation.

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

#### Recently Issued Accounting Pronouncements and Securities and Exchange Commission Rules

#### Disaggregation of Income Statement Expenses

In November 2024, ASU 2024-03 was issued, requiring additional disclosures in the notes to the financial statements on the nature of certain expense captions presented on the face of the Consolidated Statement of Operations. The new guidance is effective for annual reporting periods beginning after December 15, 2026 and interim reporting periods beginning after December 15, 2027, with early adoption permitted. The Company is currently evaluating the impacts of the guidance on its disclosures.

### NOTE 3 DIVESTITURES

The Company completed the sale of certain non-core assets which included the Telfer reportable segment in the fourth quarter of 2024, the sale of the CC&V, Musselwhite, and Éléonore reportable segments in the first quarter of 2025, the sale of the Porcupine and Akyem reportable segments in the second quarter of 2025, and the sale of the Coffee development project in the fourth quarter of 2025. Prior to completion of the sale, the non-core assets were presented as held for sale and recorded at the lower of their carrying value or fair value, less costs to sell. These assets were periodically revalued until sale occurred with any resulting gain or loss recognized in (Gain) loss on sale of assets held for sale. Additionally, gains or losses recognized on the completion of the sale were recognized in (Gain) loss on sale of assets held for sale. At December 31, 2025, no assets remained held for sale.

Gains recognized on the completed sales during the six months ended June 30, 2025 are summarized in the table below; value of consideration received and indemnifications provided represent the value at the time of close.

| Line item | CC&V | Musselwhite | Éléonore | Porcupine | Akyem | Total |
| --- | --- | --- | --- | --- | --- | --- |
| Cash received, net of working capital adjustments | $109 | $799 | $784 | $201 | $888 | $2,781 |
| Deferred consideration received | 154 | 14 | — | 107 | 84 | 359 |
| Equity consideration | — | — | — | 233 | — | 233 |
| Value of consideration received | 263 | 813 | 784 | 541 | 972 | 3,373 |
| Less: Carrying value of net assets divested | (196) | (794) | (612) | (513) | (270) | (2,385) |
| Less: Indemnification provided | (65) | — | — | — | (19) | (84) |
| Gain on completed sales | $2 | $19 | $172 | $28 | $683 | $904 |

CC&V. Sale of the CC&V reportable segment to SSR Mining Inc. ("SSR") closed on February 28, 2025. The deferred consideration consisted of $175 receivable in two installments of $87.5 upon certain regulatory approvals. In the first quarter of 2026, the Company received the first deferred payment of $87.5. The second deferred payment, contingent on certain regulatory approvals, does not meet the definition of a derivative asset and is considered to be a financial asset and is included in Other non-current assets. The indemnification consists of a guarantee in which the Company will indemnify SSR for 90% of certain closure costs over $500 related to the Company’s historical mining activities with no limitation to the maximum potential future payments. The Company has an opportunity to fully settle the indemnification at certain milestones through a one-time lump sum payment. The indemnification is included in Other non-current liabilities.

Musselwhite. Sale of the Musselwhite reportable segment to Orla Mining Ltd closed on February 28, 2025. The deferred consideration consists of $40 receivable in two installments of $20 on the first and second year anniversary of the close date, dependent on the average spot gold price over the respective period. In the first quarter of 2026, the Company received the first deferred payment of $20. The second deferred payment meets the definition of a derivative asset and is included as contingent consideration in Other current assets.

#### Éléonore. Sale of the Éléonore reportable segment to Dhilmar Ltd closed on February 28, 2025.

Porcupine. Sale of the Porcupine reportable segment to Discovery Silver Corp. ("Discovery") closed on April 15, 2025. The deferred consideration consisted of $150 to be received in four equal annual installments beginning December 31, 2027. The deferred consideration is classified as a note receivable and is included in Other non-current assets. The equity consideration consisted of Discovery shares, which were accounted for as marketable equity securities and fully divested in the third quarter of 2025.

Akyem. Sale of the Akyem reportable segment to Zijin Mining Group Co., Ltd ("Zijin") closed on April 15, 2025. The deferred consideration consisted of $100 receivable at the earlier of lease ratification or the fifth year anniversary of the close date. The deferred consideration did not meet the definition of a derivative asset and was considered a financial asset and included in Other non-current liabilities. The indemnification consisted of a guarantee in which the Company would have indemnified Zijin for losses from non-ratification of the lease by the Ghanaian Parliament, government actions stopping operations, or required renegotiations to secure ratification, with a cap of $200 and a 5-year claim period. In the third quarter of 2025, the lease was ratified resulting in receipt of the deferred consideration and removal of the indemnification obligation.

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

#### (Gain) loss on sale of assets held for sale consisted of the following:

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
| --- | --- | --- | --- | --- |
| (Gain) on completed sales | — | $(711) | — | $(904) |
| (Reversal of write-downs) write-downs on assets held for sale | — | — | — | (76) |
| Tax impact | — | — | — | (17) |
| Other (1) | (5) | 12 | (5) | 22 |
|  | $(5) | $(699) | $(5) | $(975) |

#### ____________________________

(1) Primarily consists of the impact of finalization of certain working capital adjustments on completed sales, and certain costs incurred under the transitional services support agreements.

### NOTE 4 SEGMENT INFORMATION

The Company regularly reviews its segment reporting for alignment with its strategic goals and operational structure as well as for evaluation of business performance and allocation of resources by Newmont’s Chief Operating Decision Maker ("CODM"). At June 30, 2026, the Company's 13 reportable segments consist of each of its 12 mining operations that it manages and its 38.5% proportionate interest in Nevada Gold Mines ("NGM"), which it does not directly manage. Newmont consolidates Merian through its wholly-owned subsidiary, Newmont Suriname LLC., as the primary beneficiary of Merian, which is a variable interest entity.

With respect to NGM, Newmont gave notice to Barrick Mining Corporation's (“Barrick") and the NGM Board of Managers in the first quarter of 2026 that it has identified evidence of mismanagement at NGM, including diversion of resources from NGM to the benefit of Barrick’s wholly-owned property Fourmile and Barrick, and that it was exercising its contractual inspection and audit rights.

In the following tables, Income (loss) before income and mining tax and other items from reportable segments does not reflect general corporate expenses, interest (except project-specific interest) or income and mining taxes. Intercompany revenue and expense amounts have been eliminated within each segment in order to report on the basis that management uses internally for evaluating segment performance. The Company's business activities and operating segments that are not considered reportable, including all equity method investments, are reported in the non-operating segment Corporate and Other, which has been provided for reconciliation purposes.

The CODM uses Income (loss) before income and mining tax and other items to evaluate income generated from segment assets in deciding whether to reinvest profits into the mine operation or reallocate for other capital priorities under the Company's capital allocation strategy. Additionally, the CODM primarily uses this metric to assess performance of the segment, plan and forecast future business operations, and benchmark to competitors.

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

The financial information relating to the Company’s segments is as follows:

| Three Months Ended June 30, 2026 | Sales | Costs Applicable to Sales | Depreciation and Amortization | Reclamation and Remediation | Advanced Projects, Research and Development and Exploration | Other Segment Expenses (Income) (1) | Income (Loss) before Income and Mining Tax and Other Items | Capital Expenditures (2) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Managed |  |  |  |  |  |  |  |  |
| Lihir | $640 | $213 | $47 | $3 | $5 | $(1) | $373 | $47 |
| Cadia: |  |  |  |  |  |  |  |  |
| Gold | 179 | 74 | 33 |  |  |  |  |  |
| Copper | 166 | 48 | 21 |  |  |  |  |  |
| Total Cadia | 345 | 122 | 54 | 2 | 4 | 31 | 132 | 160 |
| Tanami | 404 | 119 | 35 | 1 | 3 | 3 | 243 | 161 |
| Boddington: |  |  |  |  |  |  |  |  |
| Gold | 679 | 199 | 39 |  |  |  |  |  |
| Copper | 68 | 18 | 4 |  |  |  |  |  |
| Total Boddington | 747 | 217 | 43 | 4 | 2 | 2 | 479 | 50 |
| Ahafo South | 415 | 199 | 35 | 2 | 16 | 1 | 162 | 41 |
| Ahafo North | 306 | 85 | 23 | 1 | 4 | — | 193 | 16 |
| Merian | 332 | 104 | 17 | 2 | 8 | 1 | 200 | 24 |
| Cerro Negro | 230 | 81 | 33 | 1 | 6 | 28 | 81 | 49 |
| Yanacocha | 581 | 132 | 24 | 39 | 3 | 1 | 382 | 2 |
| Peñasquito: |  |  |  |  |  |  |  |  |
| Gold | 140 | 71 | 22 |  |  |  |  |  |
| Silver | 344 | 162 | 49 |  |  |  |  |  |
| Lead | 32 | 16 | 5 |  |  |  |  |  |
| Zinc | 147 | 65 | 16 |  |  |  |  |  |
| Total Peñasquito | 663 | 314 | 92 | 9 | 4 | 16 | 228 | 30 |
| Red Chris: |  |  |  |  |  |  |  |  |
| Gold | 48 | 19 | 8 |  |  |  |  |  |
| Copper | 85 | 30 | 12 |  |  |  |  |  |
| Total Red Chris | 133 | 49 | 20 | 2 | 2 | 1 | 59 | 55 |
| Brucejack | 253 | 96 | 41 | 2 | 5 | — | 109 | 23 |
| Non-managed |  |  |  |  |  |  |  |  |
| NGM | 1,069 | 357 | 127 | 2 | 15 | 1 | 567 | 110 |
| Total Reportable Segments | 6,118 | 2,088 | 591 | 70 | 77 | 84 | 3,208 | 768 |
| Corporate and Other | — | — | 13 | 11 | 39 | 146 | (209) | (4) |
| Consolidated | $6,118 | $2,088 | $604 | $81 | $116 | $230 | $2,999 | $764 |

#### ____________________________

(1) Includes General and administrative, (Gain) loss on sale of assets held for sale, Other expense, net, Other income (loss), net, and Interest expense, net of capitalized interest. Refer to Notes 3, 7 and 8 for further information.

(2) Consolidated capital expenditures on a cash basis were $719 reflecting non-cash adjustments and hedge impacts of $45.

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

| Three Months Ended June 30, 2025 | Sales | Costs Applicable to Sales | Depreciation and Amortization | Reclamation and Remediation | Advanced Projects, Research and Development and Exploration | Other Segment Expenses (Income) (1) | Income (Loss) before Income and Mining Tax and Other Items | Capital Expenditures (2) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Managed |  |  |  |  |  |  |  |  |
| Lihir | $517 | $202 | $51 | $4 | $2 | $9 | $249 | $36 |
| Cadia: |  |  |  |  |  |  |  |  |
| Gold | 370 | 88 | 34 |  |  |  |  |  |
| Copper | 226 | 82 | 35 |  |  |  |  |  |
| Total Cadia | 596 | 170 | 69 | 2 | 4 | 15 | 336 | 144 |
| Tanami | 297 | 115 | 31 | 1 | 4 | 16 | 130 | 116 |
| Boddington: |  |  |  |  |  |  |  |  |
| Gold | 476 | 169 | 32 |  |  |  |  |  |
| Copper | 67 | 38 | 7 |  |  |  |  |  |
| Total Boddington | 543 | 207 | 39 | 4 | — | 14 | 279 | 29 |
| Ahafo South (3) | 657 | 201 | 49 | 2 | 12 | (6) | 399 | 41 |
| Ahafo North (3) | — | — | — | — | 3 | — | (3) | 93 |
| Merian | 223 | 122 | 22 | 1 | 13 | — | 65 | 11 |
| Cerro Negro | 112 | 72 | 26 | 2 | 6 | 6 | — | 35 |
| Yanacocha | 446 | 119 | 30 | 43 | 3 | 14 | 237 | 4 |
| Peñasquito: |  |  |  |  |  |  |  |  |
| Gold | 440 | 100 | 49 |  |  |  |  |  |
| Silver | 191 | 60 | 29 |  |  |  |  |  |
| Lead | 43 | 21 | 10 |  |  |  |  |  |
| Zinc | 141 | 77 | 32 |  |  |  |  |  |
| Total Peñasquito | 815 | 258 | 120 | 6 | 4 | 29 | 398 | 31 |
| Red Chris: |  |  |  |  |  |  |  |  |
| Gold | 50 | 22 | 6 |  |  |  |  |  |
| Copper | 67 | 46 | 12 |  |  |  |  |  |
| Total Red Chris | 117 | 68 | 18 | 2 | 3 | (1) | 27 | 43 |
| Brucejack | 161 | 91 | 42 | 2 | 3 | — | 23 | 25 |
| Non-managed |  |  |  |  |  |  |  |  |
| NGM | 783 | 343 | 106 | 2 | 6 | — | 326 | 93 |
| Total Reportable Segments | 5,267 | 1,968 | 603 | 71 | 63 | 96 | 2,466 | 701 |
| Corporate and Other (4) | — | — | 17 | 10 | 38 | (129) | 64 | 3 |
| Divested (4) |  |  |  |  |  |  |  |  |
| Porcupine (4) | 32 | 16 | — | 1 | — | 112 | (97) | 10 |
| Akyem | 18 | 17 | — | 1 | — | (685) | 685 | 1 |
| Consolidated | $5,317 | $2,001 | $620 | $83 | $101 | $(606) | $3,118 | $715 |

(1) Includes General and administrative, (Gain) loss on sale of assets held for sale, Other expense, net, and Other income (loss), net, and Interest expense, net of capitalized interest. Refer to Notes 3, 7 and 8 for further information.

(2) Consolidated capital expenditures on a cash basis were $674 reflecting non-cash adjustments and hedge impacts of $41.

(3) In the fourth quarter of 2025, the Ahafo North development project achieved commercial production resulting in designation as a reportable segment. Prior to declaration of commercial production, Ahafo North was classified as a development project, and all activity was included in the Ahafo South reportable segment. Although not a reportable segment until the fourth quarter of 2025, the amounts related to Ahafo North have been reported separately for comparability purposes.

(4) Refer to Note 3 for information on the Company's divestitures. The Coffee development project disposal group is included in Corporate and Other. Additionally, Corporate and Other contained legacy reclamation related to Porcupine which was divested in the second quarter of 2025.

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

| Six Months Ended June 30, 2026 | Sales | Costs Applicable to Sales | Depreciation and Amortization | Reclamation and Remediation | Advanced Projects, Research and Development and Exploration | Other Segment Expenses (Income) (1) | Income (Loss) before Income and Mining Tax and Other Items | Total Assets | Capital Expenditures (2) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Managed |  |  |  |  |  |  |  |  |  |
| Lihir | $1,202 | $389 | $92 | $7 | $7 | $(4) | $711 | $5,844 | $69 |
| Cadia: |  |  |  |  |  |  |  |  |  |
| Gold | 659 | 175 | 74 |  |  |  |  |  |  |
| Copper | 431 | 109 | 46 |  |  |  |  |  |  |
| Total Cadia | 1,090 | 284 | 120 | 3 | 11 | 51 | 621 | 6,701 | 323 |
| Tanami | 838 | 217 | 66 | 2 | 5 | 23 | 525 | 3,031 | 306 |
| Boddington: |  |  |  |  |  |  |  |  |  |
| Gold | 1,168 | 336 | 66 |  |  |  |  |  |  |
| Copper | 104 | 29 | 6 |  |  |  |  |  |  |
| Total Boddington | 1,272 | 365 | 72 | 8 | 3 | 15 | 809 | 2,447 | 85 |
| Ahafo South | 1,012 | 411 | 77 | 4 | 25 | 2 | 493 | 1,838 | 74 |
| Ahafo North | 623 | 160 | 43 | 1 | 6 | — | 413 | 1,228 | 45 |
| Merian | 741 | 215 | 37 | 3 | 14 | 1 | 471 | 949 | 39 |
| Cerro Negro | 494 | 147 | 66 | 3 | 11 | 31 | 236 | 2,085 | 74 |
| Yanacocha | 1,258 | 272 | 53 | 78 | 6 | (13) | 862 | 1,468 | 3 |
| Peñasquito: |  |  |  |  |  |  |  |  |  |
| Gold | 427 | 139 | 51 |  |  |  |  |  |  |
| Silver | 1,002 | 307 | 112 |  |  |  |  |  |  |
| Lead | 84 | 33 | 12 |  |  |  |  |  |  |
| Zinc | 330 | 132 | 38 |  |  |  |  |  |  |
| Total Peñasquito | 1,843 | 611 | 213 | 18 | 7 | 12 | 982 | 4,383 | 62 |
| Red Chris: |  |  |  |  |  |  |  |  |  |
| Gold | 116 | 41 | 17 |  |  |  |  |  |  |
| Copper | 162 | 56 | 23 |  |  |  |  |  |  |
| Total Red Chris | 278 | 97 | 40 | 4 | 4 | 4 | 129 | 2,723 | 88 |
| Brucejack | 534 | 194 | 82 | 3 | 8 | 1 | 246 | 2,566 | 39 |
| Non-managed |  |  |  |  |  |  |  |  |  |
| NGM | 2,240 | 663 | 249 | 5 | 24 | (2) | 1,301 | 7,448 | 212 |
| Total Reportable Segments | 13,425 | 4,025 | 1,210 | 139 | 131 | 121 | 7,799 | 42,711 | 1,419 |
| Corporate and Other | — | — | 26 | 20 | 81 | 90 | (217) | 14,930 | 1 |
| Consolidated | $13,425 | $4,025 | $1,236 | $159 | $212 | $211 | $7,582 | $57,641 | $1,420 |

(1) Includes General and administrative, (Gain) loss on sale of assets held for sale, Other expense, net, Other income (loss), net, and Interest expense, net of capitalized interest. Refer to Notes 3, 7 and 8 for further information.

(2) Consolidated capital expenditures on a cash basis were $1,360 reflecting non-cash adjustments and hedge impacts of $60.

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

| Six Months Ended June 30, 2025 | Sales | Costs Applicable to Sales | Depreciation and Amortization | Reclamation and Remediation | Advanced Projects, Research and Development and Exploration | Other Segment Expenses (Income) (1) | Income (Loss) before Income and Mining Tax and Other Items | Total Assets | Capital Expenditures (2) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Managed |  |  |  |  |  |  |  |  |  |
| Lihir | $972 | $363 | $91 | $7 | $3 | $14 | $494 | $5,735 | $81 |
| Cadia: |  |  |  |  |  |  |  |  |  |
| Gold | 686 | 165 | 67 |  |  |  |  |  |  |
| Copper | 437 | 153 | 65 |  |  |  |  |  |  |
| Total Cadia | 1,123 | 318 | 132 | 3 | 4 | 34 | 632 | 6,368 | 273 |
| Tanami | 507 | 197 | 56 | 2 | 6 | 17 | 229 | 2,434 | 247 |
| Boddington: |  |  |  |  |  |  |  |  |  |
| Gold | 890 | 336 | 61 |  |  |  |  |  |  |
| Copper | 141 | 76 | 14 |  |  |  |  |  |  |
| Total Boddington | 1,031 | 412 | 75 | 8 | 3 | 16 | 517 | 2,343 | 71 |
| Ahafo South (3) | 1,231 | 448 | 98 | 4 | 20 | (13) | 674 | 2,043 | 83 |
| Ahafo North (3) | — | — | — | — | 5 | — | (5) | 921 | 164 |
| Merian | 364 | 194 | 37 | 2 | 20 | — | 111 | 916 | 26 |
| Cerro Negro | 220 | 150 | 54 | 3 | 11 | 10 | (8) | 1,833 | 83 |
| Yanacocha | 725 | 212 | 56 | 88 | 4 | 20 | 345 | 2,080 | 8 |
| Peñasquito: |  |  |  |  |  |  |  |  |  |
| Gold | 806 | 206 | 96 |  |  |  |  |  |  |
| Silver | 379 | 122 | 57 |  |  |  |  |  |  |
| Lead | 85 | 42 | 20 |  |  |  |  |  |  |
| Zinc | 322 | 187 | 77 |  |  |  |  |  |  |
| Total Peñasquito | 1,592 | 557 | 250 | 11 | 8 | 30 | 736 | 4,389 | 56 |
| Red Chris: |  |  |  |  |  |  |  |  |  |
| Gold | 95 | 38 | 11 |  |  |  |  |  |  |
| Copper | 136 | 81 | 23 |  |  |  |  |  |  |
| Total Red Chris | 231 | 119 | 34 | 4 | 5 | (2) | 71 | 2,637 | 70 |
| Brucejack | 294 | 174 | 88 | 3 | 5 | 4 | 20 | 2,612 | 41 |
| Non-managed |  |  |  |  |  |  |  |  |  |
| NGM | 1,409 | 651 | 203 | 5 | 8 | 1 | 541 | 7,430 | 195 |
| Total Reportable Segments | 9,699 | 3,795 | 1,174 | 140 | 102 | 131 | 4,357 | 41,741 | 1,398 |
| Corporate and Other (4) | — | — | 33 | 21 | 88 | (227) | 85 | 13,424 | 5 |
| Divested (4) |  |  |  |  |  |  |  |  |  |
| CC&V | 88 | 39 | 2 | 2 | — | (3) | 48 | — | 5 |
| Musselwhite | 94 | 33 | — | 1 | — | (18) | 78 | — | 14 |
| Porcupine (4) | 177 | 79 | 1 | 6 | 1 | 20 | 70 | — | 54 |
| Éléonore | 138 | 54 | — | 1 | 2 | (171) | 252 | — | 12 |
| Akyem | 131 | 107 | 3 | 5 | — | (683) | 699 | — | 9 |
| Consolidated | $10,327 | $4,107 | $1,213 | $176 | $193 | $(951) | $5,589 | $55,165 | $1,497 |

(1) Includes General and administrative, (Gain) loss on sale of assets held for sale, Other expense, net, and Other income (loss), net, and Interest expense, net of capitalized interest. Refer to Notes 3, 7 and 8 for further information.

(2) Consolidated capital expenditures on a cash basis were $1,500 reflecting non-cash adjustments and hedge impacts of $3.

(3) In the fourth quarter of 2025, the Ahafo North development project achieved commercial production resulting in designation as a reportable segment. Prior to declaration of commercial production, Ahafo North was classified as a development project, and all activity was included in the Ahafo South reportable segment. Although not a reportable segment until the fourth quarter of 2025, the amounts related to Ahafo North have been reported separately for comparability purposes.

(4) Refer to Note 3 for information on the Company's divestitures. The Coffee development project disposal group is included in Corporate and Other. Additionally, Corporate and Other contained legacy reclamation related to Porcupine which was divested in the second quarter of 2025.

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

### NOTE 5 SALES

#### The following table presents the Company’s Sales by mining operation, product, and inventory type:

| Line item | Three Months Ended June 30, 2026 / Gold Sales from Doré Production | Three Months Ended June 30, 2026 / Sales from Concentrate and Other Production | Three Months Ended June 30, 2026 / Total Sales | Three Months Ended June 30, 2025 / Gold Sales from Doré Production | Three Months Ended June 30, 2025 / Sales from Concentrate and Other Production | Three Months Ended June 30, 2025 / Total Sales |
| --- | --- | --- | --- | --- | --- | --- |
| Managed |  |  |  |  |  |  |
| Lihir | $640 | — | $640 | $517 | — | $517 |
| Cadia: |  |  |  |  |  |  |
| Gold | 30 | 149 | 179 | 34 | 336 | 370 |
| Copper | — | 166 | 166 | — | 226 | 226 |
| Total Cadia | 30 | 315 | 345 | 34 | 562 | 596 |
| Tanami | 404 | — | 404 | 297 | — | 297 |
| Boddington: |  |  |  |  |  |  |
| Gold | 190 | 489 | 679 | 123 | 353 | 476 |
| Copper | — | 68 | 68 | — | 67 | 67 |
| Total Boddington | 190 | 557 | 747 | 123 | 420 | 543 |
| Ahafo South | 415 | — | 415 | 657 | — | 657 |
| Ahafo North (1) | 306 | — | 306 | — | — | — |
| Merian | 332 | — | 332 | 219 | 4 | 223 |
| Cerro Negro | 230 | — | 230 | 112 | — | 112 |
| Yanacocha | 577 | 4 | 581 | 438 | 8 | 446 |
| Peñasquito: |  |  |  |  |  |  |
| Gold | — | 140 | 140 | — | 440 | 440 |
| Silver (2) | — | 344 | 344 | — | 191 | 191 |
| Lead | — | 32 | 32 | — | 43 | 43 |
| Zinc | — | 147 | 147 | — | 141 | 141 |
| Total Peñasquito | — | 663 | 663 | — | 815 | 815 |
| Red Chris: |  |  |  |  |  |  |
| Gold | — | 48 | 48 | — | 50 | 50 |
| Copper | — | 85 | 85 | — | 67 | 67 |
| Total Red Chris | — | 133 | 133 | — | 117 | 117 |
| Brucejack | 143 | 110 | 253 | 102 | 59 | 161 |
| Non-managed |  |  |  |  |  |  |
| NGM (3) | 1,013 | 56 | 1,069 | 743 | 40 | 783 |
| Divested (4) |  |  |  |  |  |  |
| Porcupine | — | — | — | 32 | — | 32 |
| Akyem | — | — | — | 18 | — | 18 |
| Consolidated | $4,280 | $1,838 | $6,118 | $3,292 | $2,025 | $5,317 |

#### ____________________________

(1) In the fourth quarter of 2025, the Company declared commercial production at its Ahafo North project in Ghana resulting in classification as a reportable segment.

(2) Silver sales from concentrate includes $19 and $20 related to non-cash amortization of the silver streaming agreement liability for the three months ended June 30, 2026 and 2025, respectively.

(3) The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $1,002 and $743 for the three months ended June 30, 2026 and 2025, respectively.

(4) Refer to Note 3 for information on the Company's divestitures.

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

| Line item | Six Months Ended June 30, 2026 / Gold Sales from Doré Production | Six Months Ended June 30, 2026 / Sales from Concentrate and Other Production | Six Months Ended June 30, 2026 / Total Sales | Six Months Ended June 30, 2025 / Gold Sales from Doré Production | Six Months Ended June 30, 2025 / Sales from Concentrate and Other Production | Six Months Ended June 30, 2025 / Total Sales |
| --- | --- | --- | --- | --- | --- | --- |
| Managed |  |  |  |  |  |  |
| Lihir | $1,202 | — | $1,202 | $972 | — | $972 |
| Cadia: |  |  |  |  |  |  |
| Gold | 97 | 562 | 659 | 64 | 622 | 686 |
| Copper | — | 431 | 431 | — | 437 | 437 |
| Total Cadia | 97 | 993 | 1,090 | 64 | 1,059 | 1,123 |
| Tanami | 838 | — | 838 | 507 | — | 507 |
| Boddington: |  |  |  |  |  |  |
| Gold | 323 | 845 | 1,168 | 217 | 673 | 890 |
| Copper | — | 104 | 104 | — | 141 | 141 |
| Total Boddington | 323 | 949 | 1,272 | 217 | 814 | 1,031 |
| Ahafo South | 1,012 | — | 1,012 | 1,231 | — | 1,231 |
| Ahafo North (1) | 623 | — | 623 | — | — | — |
| Merian | 740 | 1 | 741 | 356 | 8 | 364 |
| Cerro Negro | 494 | — | 494 | 220 | — | 220 |
| Yanacocha | 1,236 | 22 | 1,258 | 708 | 17 | 725 |
| Peñasquito: |  |  |  |  |  |  |
| Gold | — | 427 | 427 | — | 806 | 806 |
| Silver (2) | — | 1,002 | 1,002 | — | 379 | 379 |
| Lead | — | 84 | 84 | — | 85 | 85 |
| Zinc | — | 330 | 330 | — | 322 | 322 |
| Total Peñasquito | — | 1,843 | 1,843 | — | 1,592 | 1,592 |
| Red Chris: |  |  |  |  |  |  |
| Gold | — | 116 | 116 | — | 95 | 95 |
| Copper | — | 162 | 162 | — | 136 | 136 |
| Total Red Chris | — | 278 | 278 | — | 231 | 231 |
| Brucejack | 354 | 180 | 534 | 189 | 105 | 294 |
| Non-managed |  |  |  |  |  |  |
| NGM (3) | 2,137 | 103 | 2,240 | 1,330 | 79 | 1,409 |
| Divested (4) |  |  |  |  |  |  |
| CC&V | — | — | — | 88 | — | 88 |
| Musselwhite | — | — | — | 94 | — | 94 |
| Porcupine | — | — | — | 177 | — | 177 |
| Éléonore | — | — | — | 138 | — | 138 |
| Akyem | — | — | — | 131 | — | 131 |
| Consolidated | $9,056 | $4,369 | $13,425 | $6,422 | $3,905 | $10,327 |

(1) In the fourth quarter of 2025, the Company declared commercial production at its Ahafo North project in Ghana resulting in classification as a reportable segment.

(2) Silver sales from concentrate includes $48 and $39 related to non-cash amortization of the silver streaming agreement liability for the six months ended June 30, 2026 and 2025, respectively.

(3) The Company purchases its proportionate share of gold doré from NGM for resale to third parties. Gold doré purchases from NGM totaled $2,130 and $1,332 for the six months ended June 30, 2026 and 2025, respectively.

(4) Refer to Note 3 for information on the Company's divestitures.

#### Trade Receivables and Provisional Sales

At June 30, 2026 and December 31, 2025, Trade receivables consisted primarily of sales from provisionally priced concentrate and other production. Changes in pricing on provisional sales resulted in a (decrease) increase to Sales of $(50) and $42 for the three months ended June 30, 2026 and 2025, respectively, and $74 and $181 for the six months ended June 30, 2026 and 2025, respectively.

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

At June 30, 2026, Newmont had the following provisionally priced concentrate sales subject to final pricing over the next several months:

_(ounces)

- (pounds)
- (ounces)
- (pounds)
- (pounds)_

| Line item | Gold | Copper | Silver | Lead | Zinc |
| --- | --- | --- | --- | --- | --- |
| Provisionally priced sales subject to final pricing (1)(2) | 97 | 50 | 5 | 39 | 80 |
| Average provisional price (per ounce/pound) | $4,039 | $6.07 | $59.62 | $0.84 | $1.62 |

#### ____________________________

(1) Amounts reported in millions except gold ounces, which are reported in thousands.

(2) Includes provisionally priced by-product sales subject to final pricing, which are recognized as a reduction to Costs applicable to sales.

### NOTE 6 RECLAMATION AND REMEDIATION

The Company’s mining and exploration activities are subject to various domestic and international laws and regulations governing the protection of the environment. These laws and regulations are continually changing and are generally becoming more restrictive. The Company conducts its operations to protect public health and the environment and believes its operations are in compliance with applicable laws and regulations in all material respects. The Company has made, and expects to make in the future, expenditures to comply with such laws and regulations, but cannot predict the full amount of such future expenditures. Estimated future reclamation and remediation costs are based principally on current legal and regulatory requirements.

#### The Company’s Reclamation and remediation expense consisted of:

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
| --- | --- | --- | --- | --- |
| Reclamation adjustments and other | $2 | $1 | $3 | $2 |
| Reclamation accretion | 74 | 76 | 146 | 163 |
| Reclamation expense | 76 | 77 | 149 | 165 |
| Remediation adjustments and other | 4 | 4 | 7 | 7 |
| Remediation accretion | 1 | 2 | 3 | 4 |
| Remediation expense | 5 | 6 | 10 | 11 |
| Reclamation and remediation | $81 | $83 | $159 | $176 |

The following are reconciliations of Reclamation and remediation liabilities:

| Line item | Reclamation / 2026 | Reclamation / 2025 | Remediation / 2026 | Remediation / 2025 |
| --- | --- | --- | --- | --- |
| Balance at January 1, | $6,800 | $7,015 | $390 | $370 |
| Additions, changes in estimates, and other | (2) | 2 | — | — |
| Divestitures (1) | — | (13) | — | — |
| Payments, net | (431) | (249) | (27) | (31) |
| Accretion expense | 146 | 163 | 3 | 4 |
| Balance at June 30, | $6,513 | $6,918 | $366 | $343 |

#### ____________________________

(1) Refer to Note 3 for information on the Company's divestitures.

| Line item | At June 30, 2026 / Reclamation | At June 30, 2026 / Remediation | At June 30, 2026 / Total | At December 31, 2025 / Reclamation | At December 31, 2025 / Remediation | At December 31, 2025 / Total |
| --- | --- | --- | --- | --- | --- | --- |
| Current (1) | $631 | $64 | $695 | $829 | $64 | $893 |
| Non-current (2) | 5,882 | 302 | 6,184 | 5,971 | 326 | 6,297 |
| Total (3) | $6,513 | $366 | $6,879 | $6,800 | $390 | $7,190 |

(1) The current portion of reclamation and remediation liabilities are included in Other current liabilities; refer to Note 16 for further information.

(2) The non-current portion of reclamation and remediation liabilities are included in Reclamation and remediation liabilities.

(3) Total reclamation liabilities include $3,581 and $3,906 related to Yanacocha at June 30, 2026 and December 31, 2025, respectively.

The Company is also involved in several matters concerning environmental remediation obligations associated with former, primarily historic, mining activities. Generally, these matters concern developing and implementing remediation plans at the various

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

sites involved. The amounts accrued are reviewed periodically based upon facts and circumstances available at the time. Changes in estimates are recorded in Other current liabilities and Reclamation and remediation liabilities in the period estimates are revised.

Included in Other non-current assets at June 30, 2026 and December 31, 2025 is $33 and $33, respectively, of non-current restricted cash held for purposes of settling reclamation and remediation obligations primarily related to Ahafo South and San Jose Reservoir at Yanacocha.

Included in Other non-current assets at June 30, 2026 and December 31, 2025 are $14 and $13, respectively, of non-current restricted investments, which are legally pledged for purposes of settling reclamation and remediation obligations primarily related to San Jose Reservoir at Yanacocha.

Refer to Note 17 for further discussion of reclamation and remediation matters.

### NOTE 7 OTHER EXPENSE, NET

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
| --- | --- | --- | --- | --- |
| Restructuring and severance | $12 | $15 | $18 | $24 |
| Impairment charges | 2 | 9 | 11 | 24 |
| Settlement costs | 2 | — | — | 3 |
| Newcrest transaction and integration costs | — | (10) | — | (6) |
| Other (1) | 48 | 34 | 54 | 46 |
| Other expense, net | $64 | $48 | $83 | $91 |

(1) Includes $28 of incremental and non-productive direct operating costs for the three and six months ended June 30, 2026, respectively, incurred during the temporary suspension of underground mining activities at the Cadia operation following seismic activity recorded near the operation on April 14, 2026. Surface operations and processing of existing stockpiles continued following the event until May 11, 2026 when stockpile inventories were substantially depleted. Underground mining and processing resumed in mid-June on a progressive ramp-up, with production expected to return to pre-event levels in the third quarter of 2026.

### NOTE 8 OTHER INCOME (LOSS), NET

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
| --- | --- | --- | --- | --- |
| Interest income | $87 | $54 | $171 | $95 |
| Foreign currency exchange, net | (45) | (59) | (81) | (79) |
| Change in fair value of investments and options | (111) | 151 | (24) | 442 |
| Gain (loss) on asset and investment sales | (1) | (2) | (1) | (7) |
| Gain (loss) on debt extinguishment (Note 15) | — | (18) | 1 | (28) |
| Other | 8 | (11) | 28 | (7) |
| Other income (loss), net | $(62) | $115 | $94 | $416 |

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

### NOTE 9 INCOME AND MINING TAXES

A reconciliation of the U.S. federal statutory tax rate to the Company’s effective income tax rate follows:

| Line item | Three Months Ended June 30, (1) / 2026 | Three Months Ended June 30, (1) / 2025 | Six Months Ended June 30, (1) / 2026 | Six Months Ended June 30, (1) / 2025 |
| --- | --- | --- | --- | --- |
| Income (loss) before income and mining tax and other items | $2,999 | $3,118 | $7,582 | $5,589 |
| U.S. Federal statutory tax rate | 630% | 655% | 1,592% | 1,174% |
| Reconciling items: |  |  |  |  |
| Change in valuation allowance on deferred tax assets | (26) | 146 | (137) | (51) |
| Foreign rate differential (2) | 271 | 187 | 652 | 367 |
| Mining and other taxes (net of associated federal benefit) | 136 | 71 | 280 | 134 |
| Uncertain tax position reserve adjustment | (40) | 8 | (43) | (6) |
| Tax impact of divestitures (3) | — | 39 | — | 122 |
| Other | (19) | (14) | 12 | (1) |
| Income and mining tax expense (benefit) | $952% | $1,092% | $2,356% | $1,739% |

(1) Tax rates may not recalculate due to rounding.

(2) Includes impact of increase in corporate tax rate at Ghana from 32.5% to 35% effective January 1, 2026, as a result of the expiration of the Revised Investment Agreement.

(3) Refer to Note 3 for information on the Company's divestitures.

### NOTE 10 FAIR VALUE ACCOUNTING

The following tables set forth the Company’s assets and liabilities measured at fair value on a recurring (at least annually) or nonrecurring basis by level within the fair value hierarchy. As required by accounting guidance, assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. Refer to Note 13 to the Consolidated Financial Statements included in Part II, Item 8, of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 19, 2026, for further information on the Company's assets and liabilities included in the fair value hierarchy presented below.

_Fair Value at June 30, 2026_

| Line item | Total | Level 1 | Level 2 | Level 3 |
| --- | --- | --- | --- | --- |
| Assets: |  |  |  |  |
| Cash and cash equivalents (1) | $9,009 | $9,009 | — | — |
| Restricted cash | 34 | 34 | — | — |
| Trade receivables from provisional concentrate sales | 676 | — | 676 | — |
| Marketable equity and other securities | 389 | 389 | — | — |
| Restricted marketable debt and other securities (Note 6) | 14 | 14 | — | — |
| Derivative assets (Note 11) | 183 | — | 56 | 127 |
|  | $10,305 | $9,446 | $732 | $127 |
| Liabilities: |  |  |  |  |
| Debt (Note 15) (2) | $5,151 | — | $5,151 | — |
| Derivative liabilities (Note 11) | 7 | — | 5 | 2 |
|  | $5,158 | — | $5,156 | $2 |

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

_Fair Value at December 31, 2025_

| Line item | Total | Level 1 | Level 2 | Level 3 |
| --- | --- | --- | --- | --- |
| Assets: |  |  |  |  |
| Cash and cash equivalents (1) | $7,647 | $7,647 | — | — |
| Restricted cash | 37 | 37 | — | — |
| Trade receivables from provisional concentrate sales | 1,064 | — | 1,064 | — |
| Long-lived assets | 78 | — | — | 78 |
| Marketable equity and other securities | 740 | 740 | — | — |
| Restricted marketable debt and other securities (Note 6) | 13 | 13 | — | — |
| Derivative assets (Note 11) | 262 | — | 60 | 202 |
|  | $9,841 | $8,437 | $1,124 | $280 |
| Liabilities: |  |  |  |  |
| Debt (Note 15) (2) | $5,283 | — | $5,283 | — |
| Derivative liabilities (Note 11) | 1 | — | 1 | — |
| Other liabilities | 339 | — | 339 | — |
|  | $5,623 | — | $5,623 | — |

(1) Cash and cash equivalents includes short-term deposits that have an original maturity of three months or less.

(2) Debt is carried at amortized cost. The outstanding carrying value was $5,083 and $5,115 at June 30, 2026 and December 31, 2025, respectively. The fair value measurement of debt was based on an independent third-party pricing source.

The following tables set forth a summary of the quantitative and qualitative information related to the significant observable and unobservable inputs used in the calculation of the Company’s Level 3 financial assets and liabilities at June 30, 2026 and December 31, 2025:

| Description | At June 30, 2026 | Valuation Technique | Significant Input | Range, Point Estimate or Average | Weighted Average Discount Rate |
| --- | --- | --- | --- | --- | --- |
| Derivative assets: |  |  |  |  |  |
| Hedging instruments (1) | $107 | Income approach | Forward power prices | A$34 - A$478 | 6.88% |
| Contingent consideration assets | $20 | Income approach | Forward gold prices | $4,370 | —% |
| Derivative liabilities (1) | $2 | Income approach | Forward power prices | A$34 - A$478 | 6.88% |

(1) Consists of the Cadia power purchase agreement ("Cadia PPA") which was in a current liability and a non-current asset position at June 30, 2026; refer to Note 11 for further information.

| Description | At December 31, 2025 | Valuation Technique | Significant Input | Range, Point Estimate or Average | Weighted Average Discount Rate |
| --- | --- | --- | --- | --- | --- |
| Long-lived assets | $78 | Market-based approach | Various (1) | Various (1) |  |
| Derivative assets: |  |  |  |  |  |
| Hedging instruments | $162 | Income approach | Forward power prices | A$37 - A$703 | 7.00% |
| Contingent consideration assets | $40 | Income approach | Forward gold prices | $4,254 | —% |

(1) Comprised of the nonrecurring impairment charge incurred on the Yanacocha Sulfides project equipment for the year ended December 31, 2025. The significant input to the fair value measurement included an estimated recoverability percentage of the original purchase order value of the equipment expected to be realized upon sale, which was based on completed sales up to December 31, 2025.

The following tables set forth a summary of changes in the fair value of the Company’s recurring Level 3 financial assets and liabilities:

| Line item | Derivative Assets | Total Assets | Derivative Liabilities | Total Liabilities |
| --- | --- | --- | --- | --- |
| Fair value at December 31, 2025 | $202 | $202 | — | — |
| Fair value changes in Other comprehensive income (loss) | (55) | (55) | 2 | 2 |
| Settlements (1) | (20) | (20) | — | — |
| Fair value at June 30, 2026 | $127 | $127 | $2 | $2 |

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

| Line item | Derivative Assets | Total Assets | Derivative Liabilities | Total Liabilities |
| --- | --- | --- | --- | --- |
| Fair value at December 31, 2024 | $142 | $142 | $6 | $6 |
| Acquired through divestments (2) | 252 | 252 | — | — |
| Fair value changes in Other comprehensive income (loss) | 47 | 47 | (1) | (1) |
| Fair value changes in Other income (loss), net | (3) | (3) | — | — |
| Fair value at June 30, 2025 | $438 | $438 | $5 | $5 |

(1) In the first quarter of 2026, the Company received the first deferred payment of $20 related to the sale of the Musselwhite reportable segment. Refer to Note 3 for further information.

(2) The Company acquired contingent consideration assets as part of the divestitures that occurred in 2025. Refer to Note 3 for further information.

### NOTE 11 DERIVATIVE INSTRUMENTS

| Line item | At June 30,2026 | At December 31,2025 |
| --- | --- | --- |
| Current derivative assets: (1) |  |  |
| Hedging instruments: |  |  |
| Foreign currency cash flow hedges | $56 | $60 |
| Cadia PPA cash flow hedge | — | 7 |
|  | 56 | 67 |
| Contingent consideration assets | 20 | 20 |
|  | $76 | $87 |
| Non-current derivative assets: (2) |  |  |
| Hedging instruments: |  |  |
| Cadia PPA cash flow hedge | $107 | $155 |
| Contingent consideration assets | — | 20 |
|  | $107 | $175 |
| Current derivative liabilities: (3) |  |  |
| Hedging instruments: |  |  |
| Foreign currency cash flow hedges | $5 | $1 |
| Cadia PPA cash flow hedge | 2 | — |
|  | $7 | $1 |

(1) Included in Other current assets.

(2) Included in Other non-current assets.

(3) Included in Other current liabilities.

#### Hedging Instruments

Hedging instruments consist of foreign currency cash flow hedges and the Cadia PPA. To minimize credit risk, the Company only enters into transactions with counterparties that meet certain credit requirements and periodically reviews the creditworthiness of these counterparties. The Company believes that the risk of counterparty default is low and its exposure to credit risk is minimal.

#### Foreign Currency Cash Flow Hedges

The Company has implemented various hedge programs in which fixed forward contracts have been entered into to mitigate variability in the USD-functional cash flows associated with specific expenditures. These fixed forward contracts have been designated as foreign currency cash flow hedges for the related forecasted expenditures and were transacted for risk management purposes. Refer to the table below for a summary of these programs at June 30, 2026:

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

AUD-denominated capital expenditures AUD-denominated operating expenditures CAD-denominated operating expenditures

Status: Active Active Active

Amount entered into: A$1,734 A$4,002 C$1,088

Cash flow type: Capital expenditures for construction and development Operating expenditures Operating expenditures

Incurred in the periods of: October 2024 through December 2026 October 2024 through December 2026 October 2024 through December 2026

Related to: Tanami Expansion 2 project; Cadia PC1-2 and PC2-3 ("Cadia Panel Caves"); and Cadia Tailings Project ("Cadia Tails") Boddington, Tanami, and Cadia operating mines located in Australia Brucejack and Red Chris operating mines located in Canada

The unrealized changes in fair value have been recorded in Accumulated other comprehensive income (loss) and are reclassified to earnings during the period in which the hedged transaction impacts earnings and is presented in the same statement of operations line item as the earnings effect of the hedged item. If the underlying hedge transaction becomes probable of not occurring, the related amounts will be reclassified to earnings immediately. Amounts related to capital expenditures recorded in Accumulated other comprehensive income (loss) are reclassified to earnings through Depreciation and amortization after the respective project reaches commercial production. Amounts related to operating expenditures recorded in Accumulated other comprehensive income (loss) are reclassified to earnings through Costs applicable to sales in the period that the operating expenditures are incurred.

#### Cadia PPA

The Cadia PPA is a 15-year renewable power purchase agreement acquired by the Company through the Newcrest transaction. The Company designated the Cadia PPA as a cash flow hedge to mitigate the variability in cash flows related to approximately 40 percent of forecasted purchases of power at the Cadia mine for a 15-year period beginning in July 2024. Additionally, the Cadia PPA provides the Company with access to large scale generation certificates which the Company intends to surrender to achieve a reduction in its greenhouse gas emissions.

The unrealized changes in fair value have been recorded in Accumulated other comprehensive income (loss) and will be reclassified to earnings during the period in which the hedged transaction impacts earnings and is presented in the same statement of operations line item as the earnings effect of the hedged item. If the underlying hedge transaction becomes probable of not occurring, the related amounts in Accumulated other comprehensive income (loss) will be reclassified to earnings immediately. Amounts recorded in Accumulated other comprehensive income (loss) will be reclassified to earnings through Costs applicable to sales in the period in which the related hedged electricity is purchased, which began in July 2024.

The following table provides the losses (gains) reclassified to earnings from Accumulated other comprehensive income (loss) related to the Company's derivative instruments designated for hedging:

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
| --- | --- | --- | --- | --- |
| (Gain) loss on cash flow hedges: |  |  |  |  |
| Foreign currency cash flow hedges (1) | $(20) | $12 | $(38) | $34 |
| Cadia PPA cash flow hedge (2) | 2 | 2 | 3 | 5 |
| Interest rate contracts (3) | — | 2 | 2 | 3 |
|  | $(18) | $16 | $(33) | $42 |

(1) As of June 30, 2026, a gain of $39 is expected to be reclassified out of Accumulated other comprehensive income (loss) into earnings over the next 12 months. The actual amounts that will be reclassified to earnings will vary due to future foreign currency exchange rates.

(2) As of June 30, 2026, a loss of $10 is expected to be reclassified out of Accumulated other comprehensive income (loss) into earnings over the next 12 months, which includes amounts related to the initial fair value that are reclassified from Accumulated other comprehensive income (loss) to earnings on a systematic basis over the 15-year term. The actual amounts that will be reclassified to earnings will vary due to future power prices and power generation volumes.

(3) As of June 30, 2026, amounts remaining in Accumulated other comprehensive income (loss) relate to the interest rate contracts on the 2042 Senior Notes with the related losses to be reclassified from Accumulated other comprehensive income (loss) and amortized to Interest expense, net of capitalized interest over the term of the notes. A loss of $3 is expected to be reclassified into earnings over the next 12 months. The actual amounts that will be reclassified to earnings could vary upon repurchase or exchange of the related long-term debt prior to maturity.

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

### NOTE 12 INVESTMENTS

| Line item | At June 30,2026 | At December 31,2025 |
| --- | --- | --- |
| Current investments: |  |  |
| Marketable equity securities (1)(2) | — | $594 |
| Non-current investments: |  |  |
| Marketable equity and other securities (3) | $414 | $171 |
| Equity method investments (% ownership): |  |  |
| Pueblo Viejo Mine (40%) | 1,555 | 1,584 |
| NuevaUnión Project (50%) | 975 | 973 |
| Lundin Gold (32%) (3) | 595 | 905 |
| Norte Abierto Project (50%) | 583 | 553 |
|  | 3,708 | 4,015 |
|  | $4,122 | $4,186 |

#### ____________________________

(1) In the first quarter of 2026, the Company sold the remaining Greatland Resources Limited ("Greatland") shares for $134 as a result of the Greatland option being exercised. Refer to Note 16 for further information.

(2) In the first quarter of 2026, the Company sold its investment in SolGold plc for net proceeds of $116.

(3) Refer below for additional information regarding Lundin Gold Inc.'s ("Lundin Gold") distribution of LunR Royalties Corp. ("LunR") in the second quarter of 2026, resulting in the recognition of a marketable equity security and a corresponding reduction in the Company's investment in Lundin Gold.

#### Equity Method Investments

The following table provides the income (loss) from the Company's equity method investments, recognized in Equity income (loss) of affiliates:

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
| --- | --- | --- | --- | --- |
| Pueblo Viejo (40%) | $101 | $15 | $189 | $59 |
| Lundin Gold (32%) | 77 | 37 | 140 | 64 |
| Norte Abierto Project (50%) (1) | 25 | 1 | 24 | 2 |
| NuevaUnión Project (50%) | 1 | (4) | — | 2 |
|  | $204 | $49 | $353 | $127 |

#### ____________________________

(1) Includes the Company's proportionate share of a gain recognized by the Norte Abierto joint venture on the sale of one of its properties to a third party during the second quarter of 2026. Cash proceeds from the sale are expected to be distributed to the joint venture partners in the third quarter of 2026. The transaction resulted in the removal of all mineral resources associated with the sold property, which represented approximately 7%, 6%, and 3% of gold, copper, and silver resources, respectively, as disclosed in in Part I, Item 2, of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 19, 2026. There was no impact to the Company's reported reserves related to the sold property.

#### Pueblo Viejo

As of June 30, 2026 and December 31, 2025, the Company had outstanding stockholder loans to Pueblo Viejo of $530 and $518, which includes accrued interest of $49 and $60, respectively, included in the Pueblo Viejo equity method investment.

The Company purchases its portion (40%) of gold and silver produced from Pueblo Viejo at market price and resells those ounces to third parties. Total payments made to Pueblo Viejo for gold and silver purchased were $334 and $612 for the three and six months ended June 30, 2026, respectively. Total payments made to Pueblo Viejo for gold and silver purchased were $212 and $367 for the three and six months ended June 30, 2025, respectively. These purchases, net of subsequent sales, are included in Other income (loss), net and the net amounts are immaterial. There were no amounts due to or from Pueblo Viejo for gold and silver purchases as of June 30, 2026 or December 31, 2025.

#### Lundin Gold

Lundin Gold is accounted for on a quarterly lag. At June 30, 2026, the calculated fair value, based on quoted closing prices of publicly traded shares, of the Company's investment in Lundin Gold was $4,155.

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

In the second quarter of 2026, Lundin Gold entered into a silver stream-for-equity transaction with LunR, pursuant to which Lundin Gold received common shares of LunR. These shares were subsequently distributed to Lundin Gold’s shareholders. As a result, Newmont received its pro rata distribution, representing an approximate 13% ownership interest in LunR, with a fair value of $268, which was recognized as a marketable equity security. The receipt of LunR shares was accounted for as a dividend in kind from Lundin Gold, resulting in a reduction of the carrying value of the Company’s investment in Lundin Gold equal to the fair value of the shares received.

### NOTE 13 INVENTORIES

| Line item | At June 30,2026 | At December 31,2025 |
| --- | --- | --- |
| Materials and supplies | $1,088 | $1,060 |
| In-process | 156 | 199 |
| Concentrate | 143 | 162 |
| Precious metals | 91 | 91 |
| Inventories | $1,478 | $1,512 |

### NOTE 14 STOCKPILES AND ORE ON LEACH PADS

| Line item | At June 30, 2026 / Stockpiles | At June 30, 2026 / Ore on Leach Pads | At June 30, 2026 / Total | At December 31, 2025 / Stockpiles | At December 31, 2025 / Ore on Leach Pads | At December 31, 2025 / Total |
| --- | --- | --- | --- | --- | --- | --- |
| Current | $1,054 | $267 | $1,321 | $893 | $284 | $1,177 |
| Non-current | 2,336 | 200 | 2,536 | 2,284 | 126 | 2,410 |
| Total | $3,390 | $467 | $3,857 | $3,177 | $410 | $3,587 |

### NOTE 15 DEBT

Scheduled minimum debt repayments are as follows:

_At June 30,2026_

| Year Ending December 31, |  |  |
| --- | --- | --- |
| 2026 (for the remainder of 2026) | $ | — |
| 2027 | — |  |
| 2028 | — |  |
| 2029 | 265 |  |
| 2030 | 655 |  |
| Thereafter | 4,381 |  |
| Total face value of debt | 5,301 |  |
| Unamortized premiums, discounts, and issuance costs | (218) |  |
| Debt | $ | $5,083 |

#### Debt Extinguishment

For the six months ended June 30, 2026 and 2025, the Company completed redemptions of senior notes totaling $42 and $1,376 in principal, respectively, and paid accrued interest of $— and $22, respectively. These transactions resulted in no gain or loss on extinguishment for the three months ended June 30, 2026, a gain on extinguishment of $1 for the six months ended June 30, 2026, and losses on extinguishment of $18 and $28 for the three and six months ended June 30, 2025, respectively, recognized in Other income (loss), net.

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

The following table summarizes the redemptions by senior note:

| Line item | Six Months Ended June 30, 2026 / Settled Principal Amount | Six Months Ended June 30, 2026 / Total Repurchase Amount | Six Months Ended June 30, 2025 / Settled Principal Amount | Six Months Ended June 30, 2025 / Total Repurchase Amount |
| --- | --- | --- | --- | --- |
| 5.30% Senior Notes due March 2026 (1) | — | — | $928 | $957 |
| 2.80% Senior Notes due October 2029 | 2 | 2 | 6 | 6 |
| 3.25% Senior Notes due May 2030 | 14 | 14 | 96 | 91 |
| 2.25% Senior Notes due October 2030 | 2 | 2 | 67 | 60 |
| 2.60% Senior Notes due July 2032 | 24 | 21 | 32 | 27 |
| 5.875% Senior Notes due April 2035 | — | — | 83 | 87 |
| 6.250% Senior Notes due October 2039 | — | — | 164 | 177 |
|  | $42 | $39 | $1,376 | $1,405 |

(1) Included a make-whole provision of $10.

### NOTE 16 OTHER LIABILITIES

| Line item | At June 30,2026 | At December 31,2025 |
| --- | --- | --- |
| Other current liabilities: |  |  |
| Reclamation and remediation liabilities | $695 | $893 |
| Accrued operating costs | 451 | 421 |
| Accrued capital expenditures | 294 | 254 |
| Accrued royalties | 210 | 181 |
| Payables to NGM (1) | 154 | 227 |
| Accrued interest | 56 | 57 |
| Hedging instruments (Note 11) | 7 | 1 |
| Greatland Option (2) | — | 339 |
| Other (3) | 341 | 319 |
|  | $2,208 | $2,692 |
| Other non-current liabilities: |  |  |
| Income and mining taxes (4) | $145 | $133 |
| Indemnification liabilities | 63 | 63 |
| Other (5) | 130 | 126 |
|  | $338 | $322 |

(1) Primarily consists of amounts due to NGM representing Barrick's 61.5% proportionate share of the amount owed to NGM for gold and silver purchased by Newmont. Newmont’s 38.5% share of such amounts is eliminated upon proportionate consolidation of its interest in NGM. Receivables for Newmont's 38.5% proportionate share related to NGM's activities with Barrick are included in Other current assets.

(2) The Greatland Option was acquired through the sale of Telfer in the fourth quarter of 2024 and accounted for under the fair value option. In the first quarter of 2026, the option was exercised resulting in extinguishment of the financial liability and sale of the remaining shares for $134.

(3) Primarily consists of the current portion of the silver streaming agreement liability, taxes other than income and mining taxes and current portion of operating lease liabilities.

(4) Primarily consists of unrecognized tax benefits, including penalties and interest.

(5) Primarily consists of the non-current portion of operating lease liabilities.

### NOTE 17 COMMITMENTS AND CONTINGENCIES

#### General

Estimated losses from contingencies are accrued by a charge to income when information available prior to issuance of the financial statements indicates that it is probable that a liability could be incurred and the amount of the loss can be reasonably estimated. Legal expenses associated with the contingency are expensed as incurred. If a loss contingency is not probable or reasonably estimable, disclosure of the contingency and estimated range of loss, if determinable, is made in the financial statements when it is at least reasonably possible that a material loss could be incurred.

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

#### Operating Segments

The Company’s operating and reportable segments are identified in Note 4. Except as noted in this paragraph, all of the Company’s commitments and contingencies specifically described herein are included in the non-operating segment Corporate and Other. The Yanacocha matters relate to the Yanacocha reportable segment. The Lihir matter relates to the Lihir reportable segment. The Cadia matter relates to the Cadia reportable segment. The CC&V matter relates to CC&V, which was divested in the first quarter of 2025. The Newmont Ghana Gold and Newmont Golden Ridge matters relate to the Ahafo South and Ahafo North reportable segments and Akyem, which was divested in the second quarter of 2025, respectively.

#### Environmental Matters

Refer to Note 6 for further information regarding reclamation and remediation. Details about certain significant matters are discussed below.

#### Minera Yanacocha S.R.L. - 100% Newmont Owned

In early 2015 and again in June 2017, the Peruvian government agency responsible for certain environmental regulations, MINAM, issued proposed modifications to water quality criteria for designated beneficial uses which apply to mining companies, including Yanacocha. These criteria modified the in-stream water quality criteria pursuant to which Yanacocha has been designing water treatment processes and infrastructure. In December 2015, MINAM issued the final regulation that modified the water quality standards. These Peruvian regulations allow time to formulate a compliance plan and make any necessary changes to achieve compliance.

In February 2017, Yanacocha submitted a modification to its previously approved compliance achievement plan to MINEM. In May 2022, Yanacocha submitted a proposed modification to this plan requesting an extension of time for coming into full compliance with the new regulations to 2027. In June 2023, Yanacocha received approval of its updated compliance plan from MINEM and was granted an extension to June 2026 to achieve compliance. The Company appealed this approval to the Mining Council requesting the regulatory extension until 2027, and in April 2024, MINEM approved the compliance schedule.

The Company currently operates five water treatment plants at Yanacocha that have been and currently meet all applicable water discharge requirements. The Company’s current asset retirement obligation includes the cost of the construction of two new water treatment plants expected to be in operation during 2027 and cost associated with post-closure management.

The Company is conducting detailed studies to better estimate water management and other closure activities that will ensure water quality and quantity discharge meet requirements, including the modifications promulgated by MINAM, as referenced above, will be met. This also includes performing a comprehensive update to the Yanacocha reclamation plan to address changes in closure activities and estimated closure costs while preserving optionality for potential future projects at Yanacocha. These ongoing studies, which will extend beyond the current year, continue to evaluate and revise assumptions and estimated costs of changes to the reclamation plan. The ultimate water treatment costs remain uncertain as studies and opportunity assessments continue. These and other additional risks and contingencies that are the subject of ongoing studies, including, but not limited to, a comprehensive review of the Company's tailings storage facility management, review of Yanacocha’s water balance and water management system, and review of post-closure management costs, could result in future material increases to the reclamation obligation at Yanacocha.

#### Dawn Mining Company LLC (“Dawn”) - 58.19% Newmont Owned

Midnite mine site and Dawn mill site. Dawn previously leased an open pit uranium mine, currently inactive, on the Spokane Indian Reservation in the State of Washington. The mine site is subject to regulation by agencies of the U.S. Department of Interior (the Bureau of Indian Affairs and the Bureau of Land Management), as well as the EPA.

As per the Consent Decree approved by the U.S. District Court for the Eastern District of Washington on January 17, 2012, the following actions were required of Newmont, Dawn, the Department of the Interior and the EPA: (i) Newmont and Dawn would design, construct and implement the cleanup plan selected by the EPA in 2006 for the Midnite mine site; (ii) Newmont and Dawn would reimburse the EPA for its past costs associated with overseeing the work; (iii) the Department of the Interior would contribute a lump sum amount toward past EPA costs and future costs related to the cleanup of the Midnite mine site; (iv) Newmont and Dawn would be responsible for all future EPA oversight costs and Midnite mine site cleanup costs; and (v) Newmont would post a surety bond for work at the site.

During 2012, the Department of Interior contributed its share of past EPA costs and future costs related to the cleanup of the Midnite mine site. In 2016, Newmont completed the remedial design process, with the exception of the new WTP design which was awaiting the approval of the new NPDES permit. Subsequently, the new NPDES permit was received in 2017 and the WTP design commenced in 2018. The EPA approved the WTP design in 2021. Construction of the effluent pipeline began in 2021, and construction of the new WTP began in 2022. The WTP and effluent pipeline are expected to be operating in 2027.

The Dawn mill site is regulated by the Washington Department of Health (the "WDOH") and is in the process of being closed in accordance with the federal Uranium Mill Tailings Radiation Control Act, and associated Washington state regulations. Remediation at the Dawn mill site began in 2013. The Tailing Disposal Area 1-4 reclamation earthworks component was completed during 2017 with

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

the embankment erosion protection completed in the second quarter of 2018. The remaining closure activities consist primarily of finalizing an Alternative Concentration Limit application (the "ACL application") submitted in 2020 to the WDOH to address groundwater criteria, contaminated soils cleanup, and closure of meteoric water storage ponds. In the fourth quarter of 2022, the WDOH provided comments on the ACL application, which Newmont is evaluating and conducting studies to better understand and respond to the comments provided by the WDOH. These studies and the related comment process will extend beyond the current year and could result in future material increases to the remediation obligation.

The remediation liability for the Midnite mine site and Dawn mill site is approximately $149, assumed 100% by Newmont, at June 30, 2026.

#### Lihir Gold Limited - 100% Newmont Owned

Lihir Gold Limited (“LGL”) is engaged in an administrative review process in Papua New Guinea relating to a directive issued by the Papua New Guinea Conservation and Environmental Protection Authority (“CEPA”) on March 3, 2026 concerning new waste oil management practices. On March 16, 2026, CEPA issued an Enforcement Notice imposing new hazardous waste oil storage limits and an immaterial administrative penalty. Compliance with the proposed limits could adversely impact Lihir's operations, and any enforcement action by CEPA could include the suspension of certain activities authorized under LGL's environmental permit. LGL believes CEPA's requirements are inconsistent with its existing environmental permit and applicable law and has pursued available administrative remedies, including applications for administrative review and requests that the Enforcement Notice be withdrawn and any enforcement action suspended. LGL has also engaged with relevant government authorities regarding the matter. Discussions remain ongoing and, following further constructive engagement with CEPA, no enforcement action has been taken to date. The Chief Secretary of Papua New Guinea has requested that CEPA refrain from taking any action that would halt operations at Lihir. The outcome of the matter cannot be predicted with certainty.

#### Cadia Holdings Pty Ltd. - 100% Newmont Owned

Cadia Holdings Pty Ltd. (“Cadia Holdings”) is a wholly-owned subsidiary of Newcrest, which was acquired by Newmont in November 2023. On February 2, 2026, a class action proceeding was commenced in the Supreme Court of New South Wales against Cadia Holdings. The proceeding has been brought on behalf of the named plaintiffs and other persons who fall within a defined class of persons who owned, leased, or occupied land located within a specified area surrounding the Cadia mine during the period from February 2, 2020 to February 3, 2026, and who allege that they have suffered loss or damage as a result of alleged injury to, or interference with, that land. The plaintiffs allege that such loss or damage arose from alleged contamination associated with Cadia Holdings, including alleged contamination of land, public waterways, groundwater, and/or air. The claims assert that the alleged impacts are attributable to dust and fluid emissions from Cadia Holdings’ operations. Plaintiffs seek unspecified monetary damages and other relief. Newmont intends to vigorously defend this matter but cannot reasonably predict the outcome.

#### Cripple Creek & Victor Gold Mining Company LLC - 100% Newmont Owned through February 28, 2025

On February 28, 2025, the Company completed the sale of the Cripple Creek & Victor Gold Mining Company LLC (“CC&V”) reportable segment to SSR. In March 2026, under the terms of the agreement with SSR, Newmont received $87.5 in deferred cash contingent consideration relating to the resolution of certain regulatory applications concerning the Carlton Tunnel. In addition, upon completion of an updated regulator-approved closure plan and in the event aggregate closure costs at CC&V exceed $500, Newmont will be responsible for funding 90% of the incremental closure costs exceeding $500 in such updated closure plan, either on an as-incurred basis or pursuant to a net present value lump sum payment option.

The Carlton Tunnel was a historic tunnel completed in 1941 with the purpose of draining the southern portion of the mining district, subsequently consolidated by CC&V. CC&V has held discharge permits for the Carlton Tunnel since 1983, primarily to focus on monitoring. The monitoring data accumulated since the mid-1970s have indicated consistency in the water quality discharged from the Carlton Tunnel over time. In 2006, legal proceedings and work with the regulator confirmed that the water flowing out of the Carlton Tunnel portal is akin to natural spring water and did not constitute mine drainage. However, when the Water Quality Control Division of the Colorado Department of Public Health and Environment (the “Division”) issued new discharge permits in January 2021, the Division imposed new water quality limits. A Settlement Agreement entered into by CC&V and the Division in December 2021 extended the timeframe for full permit compliance to November 2027, and CC&V expressly reserved the right to challenge the need for a discharge permit in the first place. In 2022, the Company studied various interim passive water treatment options, reported the study results to the Division, and based on an evaluation of additional semi-passive options that involve the usage of power at the portal, updated the remediation liability to $20 in 2022. CC&V continues to study alternative long-term remediation plans for water discharged from the Carlton Tunnel, while also continuing to work with regulators to identify and implement the highest feasible alternative treatments. In June 2025, the Water Quality Control Commission agreed to site specific standards for CC&V and a Discharger Specific Variance ("DSV") for certain water quality standards. In January 2026, the Division issued a modification to CC&V's discharge permit to implement site specific standards for certain water quality standards, and a DSV and compliance extension for certain other standards. Depending on the plans that may ultimately be agreed with regulators, a material adjustment to the remediation liability may be required. On March 9, 2026, Newmont and CC&V filed a lawsuit in federal court against the Colorado Water Quality Control Division seeking a declaratory judgment that federal and state law do not require the discharge permit for the Carlton Tunnel outflows, and

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

subsequently amended the complaint. On June 26, 2026, defendants moved to dismiss the amended complaint. Newmont and CC&V will oppose the motion, which will be fully briefed by August 2026 and pending review by the federal court.

#### Other Legal Matters

#### Newmont Corporation, as well as Newmont Canada Corporation, and Newmont Canada FN Holdings ULC – 100% Newmont Owned

Kirkland Lake Gold Inc., which was acquired by Agnico Eagle Mines Limited in 2022 (still referred to herein as “Kirkland” for ease of reference), owns certain mining and mineral rights in northeastern Ontario, Canada, referred to here as the Holt-McDermott property, on which it suspended operations in April 2020. A subsidiary of the Company has a retained royalty obligation (“Holt royalty obligation”) to Royal Gold, Inc. (“Royal Gold”) for production on the Holt-McDermott property. In August 2020, the Company and Kirkland signed a Strategic Alliance Agreement (the “Kirkland Agreement”). As part of the Kirkland Agreement, the Company purchased an option (the “Holt option”) for $75 from Kirkland for the mining and mineral rights subject to the Holt royalty obligation. The Company has the right to exercise the Holt option and acquire ownership to the mineral interests subject to the Holt royalty obligation in the event Kirkland intends to resume operations and process material subject to the obligation. Kirkland has the right to assume the Company’s Holt royalty obligation at any time, in which case the Holt option would terminate.

On August 16, 2021, International Royalty Corporation (“IRC”), a wholly-owned subsidiary of Royal Gold, filed an action in the Supreme Court of Nova Scotia against Newmont Corporation, Newmont Canada Corporation, Newmont Canada FN Holdings ULC (collectively "Newmont"), and certain Kirkland defendants (collectively "Kirkland"). IRC alleges the Kirkland Agreement is oppressive to the interests of Royal Gold under the Nova Scotia Companies Act and the Canada Business Corporations Act, and that, by entering into the Kirkland Agreement, Newmont breached its contractual obligations to Royal Gold. IRC seeks declaratory relief, and $350 in alleged royalty payments that it claims Newmont expected to pay under the Holt royalty obligation, but for the Kirkland Agreement. Kirkland filed a motion seeking dismissal of the case against it, which the court granted in October 2022. Newmont submitted its statement of defense on February 27, 2023, and a motion for summary judgment on January 12, 2024. The motion for summary judgment was denied on May 27, 2024, and the parties are now engaged in the discovery phase of the case. Newmont intends to vigorously defend this matter but cannot reasonably predict the outcome.

#### Newmont Ghana Gold Limited - 100% Newmont Owned (and Newmont Golden Ridge Limited owned by Newmont through April 15, 2025)

On December 24, 2018, two individual plaintiffs, who were members of the Ghana Parliament (“Plaintiffs”), filed a writ to invoke the original jurisdiction of the Supreme Court of Ghana. On January 16, 2019, Plaintiffs filed the Statement of Plaintiff’s Case outlining the details of the Plaintiff’s case and subsequently served Newmont Ghana Gold Limited (“NGGL”) and Newmont Golden Ridge Limited (“NGRL”), now Zijin Golden Ridge Limited ("ZGRL"), along with the other named defendants, the Attorney General of Ghana, the Minerals Commission of Ghana and 33 other mining companies with interests in Ghana. The Plaintiffs allege that under article 268 of the 1992 Constitution of Ghana, the mining company defendants are not entitled to carry out any exploitation of minerals or other natural resources in Ghana, unless their respective transactions, contracts or concessions are ratified or exempted from ratification by the Parliament of Ghana. Newmont’s mining leases were both ratified by Parliament; the NGGL June 13, 2001 mining lease, ratified by Parliament on October 21, 2008, and the renewed NGRL September 4, 2024 mining lease, ratified by Parliament on July 24, 2025. The writ alleges that any mineral exploitation prior to Parliamentary ratification is unconstitutional. The Plaintiffs seek several remedies including: (i) a declaration as to the meaning of constitutional language at issue; (ii) an injunction precluding exploitation of minerals for any mining company without prior Parliamentary ratification; (iii) a declaration that all revenue as a result of violation of the Constitution shall be accounted for and recovered via cash equivalent; and (iv) an order that the Attorney General and Minerals Commission submit all unratified mining leases, undertakings or contracts to Parliament for ratification. Newmont intends to vigorously defend this matter but cannot reasonably predict the outcome. On April 15, 2025, the Company completed the sale of the Akyem reportable segment, including NGRL. In the case of an adverse final judgment against NGRL pursuant to a non-appealable governmental order, if any, the Company would be required to indemnify the buyer for certain fines, penalties and disgorgements attributable to the period from the date of the Company’s commencement of commercial production under the mining leases in October 2013 to the date on which the mining leases were ratified by Parliament on December 3, 2015.

#### Newmont Capital Limited and Newmont Canada FN Holdings ULC – 100% Newmont Owned

The Australian Taxation Office ("ATO") is conducting a limited review of the Company’s prior tax returns. The ATO is reviewing an internal reorganization executed in 2011 when Newmont completed a restructure of the shareholding in the Company’s Australian subsidiaries. To date, the Company has responded to inquiries from the ATO and provided them with supporting documentation for the transaction and the Company’s associated tax positions. One aspect of the ATO review relates to an Australian capital gains tax that applies to sales or transfers of stock in certain types of entities. In the fourth quarter of 2017, the ATO notified the Company that it believes the 2011 reorganization is subject to capital gains tax of approximately $85 (including interest and penalties). The Company disputes this conclusion and is vigorously defending its position that the transaction is not subject to this tax. In the fourth quarter of 2017, the Company made a $24 payment to the ATO and lodged an Appeal with the Australian Federal Court. The court proceedings were held during the third quarter of 2024 and on November 10, 2025, the Company received the judgment. A number of matters were decided, however, no final orders were made, and the Court appointed an independent referee to complete the remaining valuation

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

tasks assigned by the Court. In July 2026, the Court-appointed referee issued a report concluding that the market value of Newmont Australia's TARP assets did not exceed the market value of its non-TARP assets. The Court's consideration of the report and issuance of final orders remains pending, and the matter is ongoing.

Initially, in April 2026, the Australian Government announced proposed legislative changes to the TARP framework which, if enacted with retrospective effect, could have adversely impacted the Company's position in this matter. The latest version of the proposed legislation currently before the Australian Parliament, however, as drafted, would not apply the tax changes retrospectively.

The Company cannot reasonably predict the outcome of this matter.

#### Newmont Corporation

Karas v. Newmont Corp., et al. On January 31, 2025, a putative class action lawsuit was filed against Newmont and Newmont’s, at the time, Chief Executive Officer, Chief Operating Officer, and Chief Financial Officer in the United States District Court for the District of Colorado. The action was brought on behalf of an alleged class of Newmont stockholders who owned stock between February 22, 2024 and October 23, 2024 (the alleged class period). The Court appointed Lead Plaintiffs on May 6, 2025 who filed an amended complaint on July 14, 2025 adding Newmont's Chief Development Officer as a defendant and shortening the alleged class period to July 24, 2024 through October 23, 2024. Plaintiffs allege that the defendants made a series of materially false and misleading statements and/or omissions during the alleged class period regarding the Company’s operations, production, and costs in violation of federal securities laws. Plaintiffs further allege that the purported class members suffered losses and damages resulting from declines in the market value of Newmont’s common stock after the Company announced its third quarter 2024 results and updated guidance on October 23, 2024. Plaintiffs seek unspecified monetary damages and other relief. Defendants filed a motion to dismiss the amended complaint on September 12, 2025. Plaintiffs filed an opposition to that motion on November 4, 2025 and defendants filed a reply brief on December 4, 2025. On November 4, 2025, plaintiffs also filed a motion to strike or to convert defendants' motion to dismiss to a motion for summary judgment and for full discovery. Defendants filed an opposition to that motion on November 12, 2025 and plaintiffs filed a reply brief on November 26, 2025.

Gunderson v. Palmer et al.; Levin v. Palmer et al.; Chin v. Palmer et al.; and Harris v. Palmer et al. On February 21, February 28, March 20, and April 4, 2025, respectively, purported Newmont stockholders filed putative derivative complaints nominally on behalf of Newmont against Newmont’s, at the time, Chief Executive Officer, Chief Operating Officer, Chief Financial Officer, and members of Newmont’s Board of Directors, naming Newmont as a nominal defendant, in the United States District Court for the District of Colorado. While the allegations and asserted claims vary among the actions, the complaints, taken collectively, generally raise similar allegations as the complaint in Karas. The complaints allege, among other things, that: the defendants made a series of materially false and misleading statements and/or omissions beginning on February 22, 2024 regarding the Company's operations, production, and costs; the Company lacked adequate internal controls and oversight over risk management; the defendants made materially false and misleading statements in the Company’s 2024 proxy statement, and there were improper share repurchases by the Company and stock sales by the Company’s Chief Executive Officer during the period February 22, 2024 to October 23, 2024; and assert claims under federal securities law (other than in the Chin case) and Delaware state law. Plaintiffs seek unspecified monetary damages, restitution, disgorgement and other relief, including reforms to the Company’s corporate governance. On March 19, 2025, on motion from plaintiffs in Gunderson and Levin, the court consolidated Levin into Gunderson, and appointed lead plaintiffs in the consolidated case. On May 1, 2025, on motion from plaintiffs in Gunderson, Levin, Chin, and Harris, the court consolidated Chin and Harris into Gunderson. On May 7, 2025, upon joint motion from the parties in Gunderson, the court stayed the consolidated action pending the resolutions of all motions to dismiss the operative complaint in Karas.

Willis v. Palmer et al. On May 9, 2025, a purported Newmont stockholder filed a putative derivative complaint nominally on behalf of Newmont against Newmont’s, at the time, Chief Executive Officer, Chief Operating Officer, Chief Financial Officer, and members of Newmont’s Board of Directors, naming Newmont as a nominal defendant, in the United States District Court for the District of Delaware. The complaint generally raises similar allegations and requests similar relief as the complaints in the District of Colorado consolidated derivative actions described above. On May 28, 2025, upon stipulation and agreement by the parties, the court stayed the action pending the resolution of all motions to dismiss the operative complaint in Karas.

Newmont intends to vigorously defend these matters but cannot reasonably predict the outcome of any matter.

#### Goldcorp S.A. de C.V. and Servicios Administrativos Goldcorp, S.A. de C.V. – 100% Newmont Owned

In connection with Goldcorp's 2017 sale of the Los Filos mine in Mexico to Leagold Mining Corporation ("Leagold"), the parties entered into a Tax Allocation Agreement ("TAA") governing the allocation of certain tax liabilities and related matters, including ongoing audits by the Mexican tax authority (Servicio de Administración Tributaria, or "SAT") affecting Desarrollos Mineros San Luis, S.A. de C.V. ("DMSL"), an entity sold as part of the transaction. In June 2022, Leagold and certain affiliates commenced litigation in the Supreme Court of British Columbia relating to, among other things, the treatment of certain tax attributes and the parties' respective rights and obligations under the TAA. The litigation was subsequently stayed pursuant to a standstill agreement between the parties while the parties discussed potential amendments to the TAA and awaited the outcome of ongoing SAT proceedings.

#### NEWMONT CORPORATION

NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

(unaudited, dollars in millions, except per share, per ounce and per pound amounts)

In December 2025, Equinox Gold Corp. ("Equinox"), as successor to Leagold, resolved SAT's review of DMSL's 2017 tax year. Newmont subsequently terminated the standstill arrangement and reserved its rights with respect to any settlement with SAT reached without Newmont’s consent.

On June 29, 2026, Equinox delivered a demand letter asserting claims under the TAA and seeking payment of approximately $114, plus additional inflation adjustments under Mexican law, in connection with SAT's completed review of DMSL's 2017 tax year. Equinox contends that certain taxes, tax attributes, and related amounts are allocable to the pre-closing portion of the 2017 tax year and are recoverable from Newmont under the TAA. Newmont disputes liability and is evaluating the demand, its contractual rights and defenses, and potential resolution options. The Company cannot reasonably predict the outcome of this matter at this time.

#### Other Commitments and Contingencies

As part of its ongoing business and operations, the Company and its affiliates are required to provide surety bonds, bank letters of credit, and bank guarantees as financial support for various purposes, including environmental remediation, reclamation, exploration permitting, workers compensation programs, and other general corporate purposes. At June 30, 2026 and December 31, 2025, there were $1,738 and $1,943, respectively, of outstanding letters of credit, surety bonds, and bank guarantees. The obligations associated with these instruments are generally related to performance requirements that the Company addresses through its ongoing operations. As the specific requirements are met, the beneficiary of the associated instrument cancels and/or returns the instrument to the issuing entity. Certain of these instruments are associated with operating sites with long-lived assets and will remain outstanding until closure. Generally, bonding requirements associated with environmental regulation are becoming more restrictive. However, the Company believes it is in compliance with all applicable bonding obligations and will be able to satisfy future bonding requirements through existing or alternative means, as they arise.

Newmont is from time to time involved in various legal proceedings related to its business. Except in the above-described proceedings, management does not believe that adverse decisions in any pending or threatened proceeding or that amounts that may be required to be paid by reason thereof will have a material adverse effect on the Company’s financial condition or results of operations.

In connection with the Company's investment in Galore Creek, Newmont will owe NovaGold Resources Inc. $75 upon the earlier of approval to construct a mine, mill and all related infrastructure for the Galore Creek project or the initiation of construction of a mine, mill or related infrastructure. The amount due is non-interest bearing. The decision for approval and commencement of construction is contingent on the results of a prefeasibility study which is currently under way and feasibility study which has not yet occurred.

Refer to Note 24 of the Consolidated Financial Statements included in Part II, Item 8, of the Company's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 19, 2026, for information on the Company's contingent payments.

## Item 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.  (dollars in millions, except per share, per ounce and per pound amounts, unless otherwise noted)

The following Management’s Discussion and Analysis of Consolidated Financial Condition and Results of Operations (“MD&A”) provides information that management believes is relevant to an assessment and understanding of the consolidated financial condition and results of operations of Newmont Corporation, a Delaware corporation, and its subsidiaries (collectively, “Newmont,” the “Company,” “our” and “we”). Please refer to Non-GAAP Financial Measures, below, for the non-GAAP financial measures used in this MD&A by the Company.

This item should be read in conjunction with our interim unaudited Condensed Consolidated Financial Statements and the notes thereto included in this quarterly report. Additionally, the following discussion and analysis should be read in conjunction with Management’s Discussion and Analysis of Consolidated Financial Condition and Results of Operations and the Consolidated Financial Statements included in Part II, Item 7, of our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 19, 2026.

### Overview

Newmont is the world’s leading gold company and a producer of copper, silver, lead, zinc, and molybdenum, providing the metals the world needs for today and tomorrow. Newmont is the only gold company included in the S&P 500 Index and the Fortune 500 list of companies. We have been included in the Dow Jones Sustainability Index-World since 2007 and have adopted the World Gold Council’s Conflict-Free Gold Policy. Since 2015, Newmont has been included as a member in the Sustainability Yearbook published by the S&P Global Corporate Sustainability Assessment. Newmont has been ranked the top miner in 3BL Media’s 100 Best Corporate Citizens list which ranks the 1,000 largest publicly traded U.S. companies on ESG transparency and performance since 2020. We are primarily engaged in the exploration for and acquisition of gold properties, some of which may contain copper, silver, lead, zinc or other metals. We have significant operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. At Newmont, our purpose is to unearth value sustainably to advance lives.

Refer to the Consolidated Financial Results, Results of Consolidated Operations, Liquidity and Capital Resources and non-GAAP Financial Measures for information about the continued impacts from geopolitical tensions, including military operations in Iran, Ukraine, and Venezuela, as well as the potential for additional conflicts, war, or civil unrest, inflationary pressures, effects of certain countermeasures taken by central banks, and supply chain disruptions, with particular consideration on the outlook for increased costs specific to labor, materials, consumables and fuel and energy on operations, as well as impacts on the timing and cost of capital expenditures and the risk of potential impairment to certain assets. Refer to discussion of Risk and Uncertainties within Note 2 to the Condensed Consolidated Financial Statements and Part II, Item 1A Risk Factors for further information.

### Reportable Segments

In October 2025, the Company declared commercial production at its Ahafo North project in Ghana resulting in classification as a reportable segment. Prior to declaration of commercial production, Ahafo North was classified as a development project and all activity was included in the Ahafo South reportable segment up to the date of commercial production. Although not a reportable segment until the fourth quarter of 2025, the amounts related to Ahafo North have been reported separately for comparability purposes. Refer to Note 4 to the Condensed Consolidated Financial Statements for further information.

One of our reportable segments, Nevada Gold Mines ("NGM"), is a joint venture that combined our and Barrick Mining Corporation’s (“Barrick”) respective Nevada operations, pursuant to the operating agreement entered into on July 1, 2019 between Barrick, Newmont and their wholly-owned subsidiaries party thereto (the “Nevada JV Agreement”). Barrick operates NGM with overall management responsibility and is subject to the supervision and direction of NGM’s Board of Managers, which is comprised of three managers appointed by Barrick and two managers appointed by Newmont. On January 26, 2026, we informed Barrick and the NGM Board of Managers that we had identified evidence of mismanagement at NGM, including diversion of resources from NGM to the benefit of Barrick’s wholly-owned property Fourmile and Barrick, and that we were exercising our contractual inspection and audit rights. On February 3, 2026, we sent Barrick a notice of default under the Nevada JV Agreement related to this conduct. Although we continue to work with Barrick to improve the performance of NGM and will take appropriate steps to address this matter, any such disagreements could have a material adverse effect on NGM and the Company. Refer to Part I, Item 1A, Risk Factors, of our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 19, 2026 for a discussion of risk factors related to our joint ventures.

### Divestiture of Non-Core Assets

The Company completed the sale of certain non-core assets which included the Telfer reportable segment in the fourth quarter of 2024, the sale of the CC&V, Musselwhite, and Éléonore reportable segments in the first quarter of 2025, the sale of the Porcupine and Akyem reportable segments in the second quarter of 2025, and the sale of the Coffee development project in the fourth quarter of 2025. Prior to completion of the sale, the non-core assets were presented as held for sale and recorded at the lower of their carrying value or fair value, less costs to sell. These assets were periodically revalued until sale occurred with any resulting gain or loss recognized in (Gain) loss on sale of assets held for sale. Additionally, gains or losses recognized on the completion of the sale were

recognized in (Gain) loss on sale of assets held for sale. At December 31, 2025, no assets remained held for sale. Refer to Note 3 to the Condensed Consolidated Financial Statements for further information on divestitures.

### Ghanaian Stability Agreement and Royalty

The Revised Investment Agreement, under which Newmont previously operated in Ghana, expired on December 31, 2025. As a result, the previous maximum corporate income tax rate of 32.5% is now subject to a maximum corporate income tax rate of 35% and customs duties on imported goods used in mining operations ranging from 5% to 20% of the value of such items.

Under the prior regime, royalties were paid to the Government of Ghana under a sliding‑scale system based on average monthly gold prices and ranging up to 5% of revenues; this royalty regime expired on December 31, 2025. Effective January 1, 2026, royalties transitioned to a fixed rate of 5% of gold revenue. Subsequently, the Parliament of Ghana enacted legislation, effective early March 2026, revising the royalty framework to a sliding-scale structure ranging from 5% to 12% of gold revenues, based on prevailing gold prices.

The Government of Ghana is also entitled to a 10% free carried interest in the rights and obligations of the mineral operations by receiving 1/9th of the total amount paid as dividends to Newmont parent. When the average quoted gold price exceeds $1,300 per ounce within a calendar year, an advance payment on these amounts of 0.6% of total revenues is required. Upon the expiration of the tax stability regime on December 31, 2025, dividends paid became subject to an 8% withholding tax.

Newmont also became subject to a Growth and Sustainability Levy (“GSL”) of 3% on gross revenue as a result of the expiration of the Revised Investment Agreement, effective January 1, 2026; however, in March 2026 the Parliament of Ghana enacted legislation reducing the GSL rate to 1%, effective April 1, 2026.

The Company is exposed to future changes in fiscal, tax, and other related regulatory regimes in Ghana as they may be enacted from time to time. The revised royalty framework and changes to the GSL could increase the Company’s operating costs at its Ghanaian operations, particularly during periods of higher gold prices. Refer to Part II, Item 1A Risk Factors for further information.

### Consolidated Financial Results

The details of our Net income (loss) attributable to Newmont stockholders are set forth below:

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Increase(Decrease) | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 | Increase(Decrease) |
| --- | --- | --- | --- | --- | --- | --- |
| Net income (loss) attributable to Newmont stockholders | $2,202 | $2,061 | $141 | $5,464 | $3,952 | $1,512 |
| Net income (loss) attributable to Newmont stockholders per common share, diluted | $2.06 | $1.85 | $0.21 | $5.07 | $3.53 | $1.54 |

Comparability of Net income (loss) attributable to Newmont stockholders for the three and six months ended June 30, 2026, to the same periods in 2025, was affected by the following notable events: (i) Ahafo North achieved commercial production in the fourth quarter of 2025 and was designated as a reportable segment; (ii) our divestment program was completed in 2025; (iii) operations at Cadia were temporarily suspended following seismic activity recorded near the operation on April 14, 2026, refer to Note 7 to the Condensed Consolidated Financial Statements for further information.

Excluding the impacts of the events noted above, Net income (loss) attributable to Newmont stockholders increased for the three months ended June 30, 2026, compared to the same period in 2025, primarily due to a net increase in Sales, largely reflecting higher average realized gold prices partially offset by lower sales volumes. This increase was partially offset by unrealized losses on marketable equity securities recognized in 2026, compared to unrealized gains in 2025, recognized within Other income (loss), net.

Excluding the impacts of events noted above, Net income (loss) attributable to Newmont stockholders increased for the six months ended June 30, 2026, compared to the same period in 2025, primarily due to a net increase in Sales, largely reflecting higher average realized gold and silver prices partially offset lower sales volumes for gold. This increase was partially offset by higher Income and mining tax benefit (expense) and by unrealized losses on marketable equity securities recognized in 2026, compared to unrealized gains in 2025, recognized within Other income (loss), net.

The details and analyses of our Sales for all periods presented are set forth below. Refer to Note 5 to the Condensed Consolidated Financial Statements for further information.

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Increase(Decrease) | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 | Increase(Decrease) |
| --- | --- | --- | --- | --- | --- | --- |
| Gold | $5,276 | $4,582 | $694 | $11,312 | $8,827 | $2,485 |
| Copper | 319 | 360 | (41) | 697 | 714 | (17) |
| Silver | 344 | 191 | 153 | 1,002 | 379 | 623 |
| Lead | 32 | 43 | (11) | 84 | 85 | (1) |
| Zinc | 147 | 141 | 6 | 330 | 322 | 8 |
|  | $6,118 | $5,317 | $801 | $13,425 | $10,327 | $3,098 |

_Three Months Ended June 30, 2026

- (ounces)
- (pounds)
- (ounces)
- (pounds)
- (pounds)_

| Line item | Gold | Copper | Silver | Lead | Zinc |
| --- | --- | --- | --- | --- | --- |
| Consolidated sales: |  |  |  |  |  |
| Gross before provisional pricing and streaming impact | $5,340 | $282 | $363 | $31 | $142 |
| Provisional pricing mark-to-market | (61) | 35 | (33) | — | 9 |
| Silver streaming amortization | — | — | 19 | — | — |
| Gross after provisional pricing and streaming impact | 5,279 | 317 | 349 | 31 | 151 |
| Treatment and refining charges | (3) | 2 | (5) | 1 | (4) |
| Net | $5,276 | $319 | $344 | $32 | $147 |
| Consolidated ounces/pounds sold (1)(2) | 1,195 | 46 | 6 | 36 | 89 |
| Average realized price (per ounce/pound): (3) |  |  |  |  |  |
| Gross before provisional pricing and streaming impact | $4,468 | $6.04 | $56.18 | $0.88 | $1.59 |
| Provisional pricing mark-to-market | (51) | 0.74 | (5.00) | — | 0.10 |
| Silver streaming amortization | — | — | 2.90 | — | — |
| Gross after provisional pricing and streaming impact | 4,417 | 6.78 | 54.08 | 0.88 | 1.69 |
| Treatment and refining charges | (3) | 0.04 | (0.59) | — | (0.05) |
| Net | $4,414 | $6.82 | $53.49 | $0.88 | $1.64 |

(1) Amounts reported in millions except gold ounces, which are reported in thousands.

(2) The Company sold 22 thousand tonnes of copper, 17 thousand tonnes of lead, and 40 thousand tonnes of zinc.

(3) Per ounce/pound measures may not recalculate due to rounding.

_Three Months Ended June 30, 2025

- (ounces)
- (pounds)
- (ounces)
- (pounds)
- (pounds)_

| Line item | Gold | Copper | Silver | Lead | Zinc |
| --- | --- | --- | --- | --- | --- |
| Consolidated sales: |  |  |  |  |  |
| Gross before provisional pricing and streaming impact | $4,556 | $356 | $171 | $39 | $148 |
| Provisional pricing mark-to-market | 34 | 4 | 5 | 5 | (6) |
| Silver streaming amortization | — | — | 20 | — | — |
| Gross after provisional pricing and streaming impact | 4,590 | 360 | 196 | 44 | 142 |
| Treatment and refining charges | (8) | — | (5) | (1) | (1) |
| Net | $4,582 | $360 | $191 | $43 | $141 |
| Consolidated ounces/pounds sold (1)(2) | 1,380 | 83 | 7 | 50 | 124 |
| Average realized price (per ounce/pound): (3) |  |  |  |  |  |
| Gross before provisional pricing and streaming impact | $3,301 | $4.31 | $26.50 | $0.79 | $1.19 |
| Provisional pricing mark-to-market | 25 | 0.06 | 0.76 | 0.10 | (0.05) |
| Silver streaming amortization | — | — | 3.04 | — | — |
| Gross after provisional pricing and streaming impact | 3,326 | 4.37 | 30.30 | 0.89 | 1.14 |
| Treatment and refining charges | (6) | — | (0.80) | (0.01) | (0.01) |
| Net | $3,320 | $4.37 | $29.50 | $0.88 | $1.13 |

(1) Amounts reported in millions except gold ounces, which are reported in thousands.

(2) The Company sold 37 thousand tonnes of copper, 23 thousand tonnes of lead, and 56 thousand tonnes of zinc.

(3) Per ounce/pound measures may not recalculate due to rounding.

_Six Months Ended June 30, 2026

- (ounces)
- (pounds)
- (ounces)
- (pounds)
- (pounds)_

| Line item | Gold | Copper | Silver | Lead | Zinc |
| --- | --- | --- | --- | --- | --- |
| Consolidated sales: |  |  |  |  |  |
| Gross before provisional pricing and streaming impact | $11,323 | $669 | $933 | $85 | $330 |
| Provisional pricing mark-to-market | — | 26 | 37 | (1) | 12 |
| Silver streaming amortization | — | — | 48 | — | — |
| Gross after provisional pricing and streaming impact | 11,323 | 695 | 1,018 | 84 | 342 |
| Treatment and refining charges | (11) | 2 | (16) | — | (12) |
| Net | $11,312 | $697 | $1,002 | $84 | $330 |
| Consolidated ounces/pounds sold (1)(2) | 2,427 | 113 | 16 | 98 | 216 |
| Average realized price (per ounce/pound): (3) |  |  |  |  |  |
| Gross before provisional pricing and streaming impact | $4,665 | $5.91 | $57.27 | $0.87 | $1.52 |
| Provisional pricing mark-to-market | — | 0.22 | 2.29 | (0.01) | 0.06 |
| Silver streaming amortization | — | — | 2.90 | — | — |
| Gross after provisional pricing and streaming impact | 4,665 | 6.13 | 62.46 | 0.86 | 1.58 |
| Treatment and refining charges | (4) | 0.02 | (0.95) | (0.01) | (0.06) |
| Net | $4,661 | $6.15 | $61.51 | $0.85 | $1.52 |

(1) Amounts reported in millions except gold ounces, which are reported in thousands.

(2) The Company sold 52 thousand tonnes of copper, 45 thousand tonnes of lead, and 98 thousand tonnes of zinc.

(3) Per ounce/pound measures may not recalculate due to rounding.

_Six Months Ended June 30, 2025

- (ounces)
- (pounds)
- (ounces)
- (pounds)
- (pounds)_

| Line item | Gold | Copper | Silver | Lead | Zinc |
| --- | --- | --- | --- | --- | --- |
| Consolidated sales: |  |  |  |  |  |
| Gross before provisional pricing and streaming impact | $8,723 | $680 | $328 | $82 | $355 |
| Provisional pricing mark-to-market | 126 | 38 | 24 | 5 | (12) |
| Silver streaming amortization | — | — | 39 | — | — |
| Gross after provisional pricing and streaming impact | 8,849 | 718 | 391 | 87 | 343 |
| Treatment and refining charges | (22) | (4) | (12) | (2) | (21) |
| Net | $8,827 | $714 | $379 | $85 | $322 |
| Consolidated ounces/pounds sold (1)(2) | 2,822 | 159 | 13 | 97 | 285 |
| Average realized price (per ounce/pound): (3) |  |  |  |  |  |
| Gross before provisional pricing and streaming impact | $3,091 | $4.29 | $25.88 | $0.85 | $1.24 |
| Provisional pricing mark-to-market | 45 | 0.24 | 1.87 | 0.05 | (0.04) |
| Silver streaming amortization | — | — | 3.04 | — | — |
| Gross after provisional pricing and streaming impact | 3,136 | 4.53 | 30.79 | 0.90 | 1.20 |
| Treatment and refining charges | (8) | (0.02) | (0.99) | (0.02) | (0.07) |
| Net | $3,128 | $4.51 | $29.80 | $0.88 | $1.13 |

### ____________________________

(1) Amounts reported in millions except gold ounces, which are reported in thousands.

(2) The Company sold 72 thousand tonnes of copper, 44 thousand tonnes of lead, and 129 thousand tonnes of zinc.

(3) Per ounce/pound measures may not recalculate due to rounding.

The change in consolidated Sales is due to:

_(ounces)

- (pounds)
- (ounces)
- (pounds)
- (pounds)_

| Line item | Three Months Ended June 30, / 2026 vs. 2025 (1) / Gold | Three Months Ended June 30, / 2026 vs. 2025 (1) / Copper | Three Months Ended June 30, / 2026 vs. 2025 (1) / Silver | Three Months Ended June 30, / 2026 vs. 2025 (1) / Lead | Three Months Ended June 30, / 2026 vs. 2025 (1) / Zinc |
| --- | --- | --- | --- | --- | --- |
| Increase (decrease) in average realized price | $1,304 | $113 | $154 | $(1) | $49 |
| Increase (decrease) in consolidated ounces/pounds sold | (615) | (156) | (1) | (12) | (40) |
| Decrease (increase) in treatment and refining charges | 5 | 2 | — | 2 | (3) |
|  | $694 | $(41) | $153 | $(11) | $6 |

_(ounces)

- (pounds)
- (ounces)
- (pounds)
- (pounds)_

| Line item | Six Months Ended June 30, / 2026 vs. 2025 (1) / Gold | Six Months Ended June 30, / 2026 vs. 2025 (1) / Copper | Six Months Ended June 30, / 2026 vs. 2025 (1) / Silver | Six Months Ended June 30, / 2026 vs. 2025 (1) / Lead | Six Months Ended June 30, / 2026 vs. 2025 (1) / Zinc |
| --- | --- | --- | --- | --- | --- |
| Increase (decrease) in average realized price | $3,712 | $182 | $516 | $(4) | $82 |
| Increase (decrease) in consolidated ounces/pounds sold | (1,238) | (205) | 111 | 1 | (83) |
| Decrease (increase) in treatment and refining charges | 11 | 6 | (4) | 2 | 9 |
|  | $2,485 | $(17) | $623 | $(1) | $8 |

(1) Included in the change in consolidated Sales is the impact relating to the divested sites which resulted in a decrease for the three and six months ended June 30, 2026 compared to the same periods in 2025, of $50 and $628, respectively.

For discussion regarding drivers impacting sales volumes by site, refer to Results of Consolidated Operations below.

The details of our Costs applicable to sales are set forth below. Refer to Note 4 to the Condensed Consolidated Financial Statements for further information.

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Increase(Decrease) | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 | Increase(Decrease) |
| --- | --- | --- | --- | --- | --- | --- |
| Gold | $1,749 | $1,677 | $72 | $3,359 | $3,446 | $(87) |
| Copper | 96 | 166 | (70) | 194 | 310 | (116) |
| Silver | 162 | 60 | 102 | 307 | 122 | 185 |
| Lead | 16 | 21 | (5) | 33 | 42 | (9) |
| Zinc | 65 | 77 | (12) | 132 | 187 | (55) |
|  | $2,088 | $2,001 | $87 | $4,025 | $4,107 | $(82) |

Costs applicable to sales for the three months ended June 30, 2026 was generally in line with the same period in 2025.

The decrease in Costs applicable to sales for the six months ended June 30, 2026, compared to the same period in 2025, is primarily due to the impact from the divested sites, which resulted in a decrease of $312.

Excluding the impact of divestitures, Costs applicable to sales increased for the six months ended June 30, 2026, compared to the same period in 2025, primarily due to (i) Ahafo North reaching commercial production in the fourth quarter of 2025 resulting in classification as a reportable segment, (ii) higher direct costs largely at Boddington, and (iii) higher third-party royalties at most sites and higher worker's participation costs, both resulting from higher average realized gold prices. These increases were partially offset by an increase in by-product credits, primarily related to the increase in silver sales.

For discussion regarding other significant drivers impacting Costs applicable to sales by site, refer to Results of Consolidated Operations below.

The details of our Depreciation and amortization are set forth below. Refer to Note 4 to the Condensed Consolidated Financial Statements for further information.

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Increase(Decrease) | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 | Increase(Decrease) |
| --- | --- | --- | --- | --- | --- | --- |
| Gold | $484 | $478 | $6 | $973 | $924 | $49 |
| Copper | 37 | 54 | (17) | 75 | 102 | (27) |
| Silver | 49 | 29 | 20 | 112 | 57 | 55 |
| Lead | 5 | 10 | (5) | 12 | 20 | (8) |
| Zinc | 16 | 32 | (16) | 38 | 77 | (39) |
| Other | 13 | 17 | (4) | 26 | 33 | (7) |
|  | $604 | $620 | $(16) | $1,236 | $1,213 | $23 |

The decrease in Depreciation and amortization for the three months ended June 30, 2026, compared to the same period in 2025, is primarily due to lower production at Peñasquito; partially offset by higher depreciation rates at NGM as a result of a drawdown of inventory in the current year at Carlin compared to a buildup in the prior year and the commencement of depreciation at Ahafo North after reaching commercial production in the fourth quarter of 2025.

The increase in Depreciation and amortization for the six months ended June 30, 2026, compared to the same period in 2025, is primarily due higher depreciation rates in the current year at NGM as a result of higher gold ounces mined at Carlin and the commencement of depreciation at Ahafo North after reaching commercial production in the fourth quarter of 2025; partially offset by lower production at Peñasquito.

For discussion regarding other significant drivers impacting Depreciation and amortization by site, refer to Results of Consolidated Operations below.

General and administrative was $74 and $95 during the three months ended June 30, 2026 and 2025, respectively, and $153 and $205 during the six months ended June 30, 2026 and 2025, respectively. The decrease during the three and six months ended June 30, 2026, compared to the same periods in 2025, is primarily due to lower consulting and labor costs.

Interest expense, net of capitalized interest was $35 and $65 during the three months ended June 30, 2026 and 2025, respectively, and $74 and $144 during the six months ended June 30, 2026 and 2025, respectively. The decrease during the three and six months ended June 30, 2026, compared to the same periods in 2025, is primarily due to the reduction in Debt and an increase in capitalized interest. Refer to Note 15 to the Condensed Consolidated Financial Statements for further information.

Income and mining tax expense (benefit) was $952 and $1,092 during the three months ended June 30, 2026 and 2025, respectively, and $2,356 and $1,739 during the six months ended June 30, 2026 and 2025, respectively. The effective tax rate is driven by a number of factors and the comparability of our income tax expense for the reported periods will be primarily affected by (i) variations in our income before income taxes; (ii) geographic distribution of that income; (iii) impacts of the changes in tax law; (iv) valuation allowances on tax assets; (v) percentage depletion; (vi) fluctuation in the value of the USD and foreign currencies; and (vii) the impact of specific transactions and assessments. As a result, the effective tax rate will fluctuate, sometimes significantly, year to year. This trend is expected to continue in future periods. Refer to Note 9 to the Condensed Consolidated Financial Statements for further discussion of income taxes.

| Line item | Three Months Ended June 30, 2026 / Income(Loss) (1) | Three Months Ended June 30, 2026 / Effective Tax Rate | Three Months Ended June 30, 2026 / Income Tax(Benefit)Provision | Three Months Ended June 30, 2025 / Income(Loss) (1) | Three Months Ended June 30, 2025 / Effective Tax Rate | Three Months Ended June 30, 2025 / Income Tax(Benefit)Provision |
| --- | --- | --- | --- | --- | --- | --- |
| Nevada | $557 | 19% | $105 | $326 | 20% | $64 |
| CC&V (2) | — | — | — | — | — | 11 |
| Corporate & Other | (53) | 68 | (36) | (62) | 3 | (2) |
| Total US | 504 | 14 | 69 | 264 | 28 | 73 |
| Argentina | 59 | (2) | (1) | (23) | (70) | 16 |
| Australia | 868 | 34 | 292 | 803 | 33 | 264 |
| Canada | 56 | 23 | 13 | 80 | 165 | 132 |
| Ghana (3) | 351 | 46 | 163 | 1,063 | 29 | 307 |
| Mexico | 218 | 42 | 92 | 384 | 48 | 185 |
| Papua New Guinea | 364 | 30 | 109 | 243 | 31 | 75 |
| Peru | 377 | 39 | 147 | 242 | 51 | 124 |
| Suriname | 198 | 27 | 54 | 52 | 27 | 14 |
| Other foreign | 4 | 25 | 1 | 10 | 40 | 4 |
| Rate adjustments (4) | — | N/A | 13 | — | N/A | (102) |
| Consolidated (5) | $2,999 | 32% | $952 | $3,118 | 35% | $1,092 |

(1) Represents income (loss) before income taxes and equity income (loss) of affiliates by geographic location. These amounts will not reconcile to the Segment Information for the reasons stated in Note 4 to the Condensed Consolidated Financial Statements.

(2) The Company completed the divestment of CC&V in the first quarter of 2025; refer to Note 3 to the Condensed Consolidated Financial Statements for further information on the Company's divestitures.

(3) Includes impact of increase in corporate tax rate from 32.5% to 35% effective January 1, 2026. For more details, refer to the "Ghanaian Stability Agreement and Royalty" discussion in Item 2 Management's Discussion and Analysis of Financial Condition and Results of Operations above.

(4) In accordance with applicable accounting rules, the interim provision for income taxes is adjusted to equal the consolidated tax rate.

(5) The consolidated effective income tax rate is a function of the combined effective tax rates for the jurisdictions in which we operate. Variations in the relative proportions of jurisdictional income could result in fluctuations to our combined effective income tax rate.

| Line item | Six Months Ended June 30, 2026 / Income(Loss) (1) | Six Months Ended June 30, 2026 / Effective Tax Rate | Six Months Ended June 30, 2026 / Income Tax(Benefit)Provision | Six Months Ended June 30, 2025 / Income(Loss) (1) | Six Months Ended June 30, 2025 / Effective Tax Rate | Six Months Ended June 30, 2025 / Income Tax(Benefit)Provision |
| --- | --- | --- | --- | --- | --- | --- |
| Nevada | $1,297 | 19% | $243 | $546 | 19% | $102 |
| CC&V (2) | — | — | — | (161) | 48 | (77) |
| Corporate & Other | (80) | 105 | (84) | 225 | 10 | 22 |
| Total US | 1,217 | 13 | 159 | 610 | 8 | 47 |
| Argentina | 199 | 37 | 74 | (54) | — | — |
| Australia | 1,966 | 35 | 690 | 1,455 | 29 | 427 |
| Canada | 330 | 22 | 72 | 602 | 49 | 297 |
| Ghana (3) | 898 | 41 | 368 | 1,334 | 30 | 400 |
| Mexico | 950 | 40 | 378 | 707 | 44 | 312 |
| Papua New Guinea | 692 | 30 | 209 | 484 | 30 | 146 |
| Peru | 856 | 34 | 293 | 356 | 49 | 174 |
| Suriname | 463 | 27 | 125 | 84 | 26 | 22 |
| Other foreign | 11 | — | — | 11 | 36 | 4 |
| Rate adjustments (4) | — | N/A | (12) | — | N/A | (90) |
| Consolidated (5) | $7,582 | 31% | $2,356 | $5,589 | 31% | $1,739 |

### ____________________________

(1) Represents income (loss) before income taxes and equity income (loss) of affiliates by geographic location. These amounts will not reconcile to the Segment Information for the reasons stated in Note 4 to the Condensed Consolidated Financial Statements.

(2) The Company completed the divestment of CC&V in the first quarter of 2025; refer to Note 3 to the Condensed Consolidated Financial Statements for further information on the Company's divestitures.

(3) Includes impact of increase in corporate tax rate from 32.5% to 35% effective January 1, 2026. For more details, refer to the "Ghanaian Stability Agreement and Royalty" discussion in Item 2 Management's Discussion and Analysis of Financial Condition and Results of Operations above.

(4) In accordance with applicable accounting rules, the interim provision for income taxes is adjusted to equal the consolidated tax rate.

(5) The consolidated effective income tax rate is a function of the combined effective tax rates for the jurisdictions in which we operate. Variations in the relative proportions of jurisdictional income could result in fluctuations to our combined effective income tax rate.

### Other

In 2024, Pillar II went into effect. The Pillar II agreement was signed by numerous countries with the intent to equalize corporate tax around the world by implementing a global minimum tax of 15%. On January 5, 2026, the Organization for Economic Cooperation and Development (OECD) released Administrative Guidance containing two Pillar II safe harbors under the new Side-by-side ("SbS") System. As of June 30, Australia has not yet adopted the OECD’s SbS safe harbor rules. The Company is still examining the applicability of the new guidance to Newmont, but at this time, does not believe Pillar II will have a material impact on the financial statements.

Refer to the Notes to the Condensed Consolidated Financial Statements for explanations of other financial statement line items.

### Results of Consolidated Operations

Newmont has developed gold equivalent ounce ("GEO") metrics to provide a comparable basis for analysis and understanding of our operations and performance related to copper, silver, lead, and zinc. Gold equivalent ounces are calculated as pounds or ounces produced or sold multiplied by the ratio of the other metals’ price to the gold price, using the metal prices in the table below:

_(ounce)

- (pound)
- (ounce)
- (pound)
- (pound)_

|  | Gold | Copper | Silver | Lead | Zinc |
| --- | --- | --- | --- | --- | --- |
| 2026 GEO Price (1) | $4,000 | $5.00 | $50.00 | $0.90 | $1.30 |
| 2025 GEO Price | $1,700 | $3.50 | $20.00 | $0.90 | $1.20 |

### ____________________________

(1) Effective January 1, 2026, the Company updated the metal prices utilized for the GEO calculation ("GEO price change"). The update to GEO pricing will have an impact on the calculated gold equivalent ounces and will result in an impact to costs allocated to the respective GEOs, particularly resulting in higher costs allocated to gold. Utilizing the updated 2026 pricing resulted in 72 thousand and 190 thousand fewer calculated "gold equivalent ounces - other metals" produced for the three and six months ended June 30, 2026, respectively and 78 thousand and 192 thousand fewer calculated "gold equivalent ounces - other metals" sold, respectively, than would have been calculated using the 2025 pricing.

| Three Months Ended June 30, / Gold | Gold or Other Metals Produced / 2026 / (ounces in thousands) | Gold or Other Metals Produced / 2025 / (ounces in thousands) | Costs Applicable to Sales (1) / 2026 / ($ per ounce sold) | Costs Applicable to Sales (1) / 2025 / ($ per ounce sold) | Depreciation and Amortization / 2026 / ($ per ounce sold) | Depreciation and Amortization / 2025 / ($ per ounce sold) | All-In Sustaining Costs (2) / 2026 / ($ per ounce sold) | All-In Sustaining Costs (2) / 2025 / ($ per ounce sold) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Lihir | 157 | 160 | $1,470 | $1,287 | $323 | $326 | $1,707 | $1,563 |
| Cadia (3) | 34 | 104 | $1,555 | $805 | $703 | $316 | $3,151 | $1,109 |
| Tanami | 90 | 90 | $1,335 | $1,278 | $393 | $346 | $2,033 | $1,698 |
| Boddington | 160 | 147 | $1,283 | $1,207 | $254 | $231 | $1,622 | $1,422 |
| Ahafo South | 100 | 197 | $2,164 | $1,010 | $389 | $246 | $2,604 | $1,220 |
| Ahafo North (4) | 68 | — | $1,270 | — | $347 | — | $1,485 | — |
| Merian | 74 | 53 | $1,413 | $1,808 | $239 | $319 | $1,780 | $2,074 |
| Cerro Negro | 49 | 42 | $1,564 | $2,118 | $616 | $756 | $2,338 | $3,023 |
| Yanacocha | 128 | 131 | $1,021 | $882 | $185 | $223 | $1,128 | $1,144 |
| Peñasquito | 37 | 148 | $2,126 | $756 | $643 | $369 | $2,589 | $944 |
| Red Chris | 9 | 15 | $1,600 | $1,475 | $674 | $385 | $2,118 | $1,903 |
| Brucejack | 53 | 50 | $1,661 | $1,861 | $707 | $855 | $2,156 | $2,490 |
| NGM | 240 | 239 | $1,473 | $1,448 | $524 | $449 | $1,805 | $1,771 |
| Divested (5) |  |  |  |  |  |  |  |  |
| Porcupine | — | 8 | — | $1,603 | — | $18 | — | $2,233 |
| Akyem | — | 6 | — | $2,813 | — | $21 | — | $3,145 |
| Total/Weighted-Average (6) | 1,199 | 1,390 | $1,463 | $1,215 | $416 | $359 | $1,938 | $1,593 |
| Merian (25%) | (18) | (13) |  |  |  |  |  |  |
| Attributable to Newmont | 1,181 | 1,377 |  |  |  |  |  |  |
| Gold equivalent ounces - other metals | (ounces in thousands) |  | ($ per ounce sold) |  | ($ per ounce sold) |  | ($ per ounce sold) |  |
| Cadia (3)(7) | 20 | 102 | $1,641 | $775 | $701 | $320 | $3,400 | $1,082 |
| Boddington (8) | 14 | 34 | $1,371 | $1,137 | $256 | $229 | $1,594 | $1,304 |
| Peñasquito (9) | 120 | 223 | $2,070 | $832 | $599 | $375 | $2,538 | $1,030 |
| Red Chris (10) | 15 | 33 | $1,836 | $1,484 | $774 | $391 | $2,296 | $1,884 |
| Total/Weighted-Average (6) | 169 | 392 | $1,925 | $899 | $606 | $347 | $2,660 | $1,203 |
| Copper | (tonnes in thousands) |  |  |  |  |  |  |  |
| Cadia (3)(7) | 7 | 22 |  |  |  |  |  |  |
| Boddington (8) | 5 | 7 |  |  |  |  |  |  |
| Red Chris (10) | 5 | 7 |  |  |  |  |  |  |
| Total/Weighted-Average | 17 | 36 |  |  |  |  |  |  |
| Lead | (tonnes in thousands) |  |  |  |  |  |  |  |
| Peñasquito (9) | 18 | 27 |  |  |  |  |  |  |
| Zinc | (tonnes in thousands) |  |  |  |  |  |  |  |
| Peñasquito (9) | 40 | 67 |  |  |  |  |  |  |
| Attributable gold from equity method investments (11) | (ounces in thousands) |  |  |  |  |  |  |  |
| Pueblo Viejo (40%) | 74 | 63 |  |  |  |  |  |  |
| Fruta del Norte (32%) (12) | 38 | 38 |  |  |  |  |  |  |
| Attributable to Newmont | 112 | 101 |  |  |  |  |  |  |

(1) Excludes Depreciation and amortization and Reclamation and remediation.

(2) All-in sustaining costs is a non-GAAP financial measure. Refer to Non-GAAP Financial Measures, below.

(3) On April 14, 2026, seismic activity was recorded near the Cadia operation in New South Wales, Australia, resulting in the temporary suspension of underground mining activities (the "Cadia seismic event"). Surface operations and processing of existing stockpiles continued following the event until May 11, 2026 when stockpile inventories were substantially depleted. Underground mining and processing resumed in mid-June on a progressive ramp-up, with production expected to return to pre-event levels in the third quarter of 2026. Production and cost metrics were impacted by the operational stoppage. Incremental and non-productive direct operating costs incurred during the temporary suspension of underground mining activities have been recorded in Other expense, net. For additional information on seismic activity risk, refer to the Company's Form 10-K for the fiscal year ended December 31, 2025, as filed with the SEC on February 19, 2026, under Part I, Business; Item 1A, Risk Factors, including "Our Company and the mining industry are facing continued geotechnical, geothermal, and hydrogeological challenges, which could adversely impact our production and profitability."

(4) In October 2025, the Company declared commercial production at its Ahafo North project in Ghana resulting in classification as a reportable segment. As such, the comparative results of operations information is not meaningful. Refer to Note 4 to the Condensed Consolidated Financial Statements for further information.

(5) These sites were classified as held for sale beginning in the first quarter of 2024, and as such, the Company ceased recording depreciation and amortization in March 2024. At June 30, 2026, all operating sites previously classified as held for sale had been divested and as a result, the comparative results of these operations are not meaningful. Refer to Note 3 to the Condensed Consolidated Financial Statements for further information on the Company's divestitures.

(6) All-in sustaining costs and Depreciation and amortization include expenses for Corporate and Other.

(7) For the three months ended June 30, 2026 and 2025, Cadia produced 16 million and 50 million pounds of copper, respectively.

(8) For the three months ended June 30, 2026 and 2025, Boddington produced 11 million and 17 million pounds of copper, respectively.

(9) For the three months ended June 30, 2026, Peñasquito produced 7 million ounces of silver, 39 million pounds of lead and 88 million pounds of zinc. For the three months ended June 30, 2025, Peñasquito produced 8 million ounces of silver, 59 million pounds of lead and 147 million pounds of zinc.

(10) For the three months ended June 30, 2026 and 2025, Red Chris produced 12 million and 16 million pounds of copper, respectively.

(11) Income and expenses of equity method investments are included in Equity income (loss) of affiliates. Refer to Note 12 to the Condensed Consolidated Financial Statements for further discussion of our equity method investments.

(12) The Fruta del Norte mine is wholly owned and operated by Lundin Gold Inc. ("Lundin Gold"), in which Newmont holds a 32% interest, and is accounted for as an equity method investment on a quarter lag.

| Six Months Ended June 30, / Gold | Gold or Other Metals Produced / 2026 / (ounces in thousands) | Gold or Other Metals Produced / 2025 / (ounces in thousands) | Costs Applicable to Sales (1) / 2026 / ($ per ounce sold) | Costs Applicable to Sales (1) / 2025 / ($ per ounce sold) | Depreciation and Amortization / 2026 / ($ per ounce sold) | Depreciation and Amortization / 2025 / ($ per ounce sold) | All-In Sustaining Costs (2) / 2026 / ($ per ounce sold) | All-In Sustaining Costs (2) / 2025 / ($ per ounce sold) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Lihir | 270 | 324 | $1,485 | $1,147 | $349 | $289 | $1,735 | $1,450 |
| Cadia (3) | 128 | 207 | $1,216 | $800 | $517 | $324 | $2,136 | $1,144 |
| Tanami | 172 | 168 | $1,217 | $1,191 | $370 | $338 | $1,912 | $1,680 |
| Boddington | 271 | 273 | $1,336 | $1,223 | $264 | $223 | $1,700 | $1,482 |
| Ahafo South | 228 | 402 | $1,895 | $1,124 | $357 | $246 | $2,236 | $1,341 |
| Ahafo North (4) | 130 | — | $1,231 | — | $334 | — | $1,448 | — |
| Merian | 162 | 115 | $1,363 | $1,679 | $237 | $317 | $1,648 | $1,986 |
| Cerro Negro (5) | 95 | 70 | $1,365 | $2,089 | $614 | $751 | $1,937 | $2,936 |
| Yanacocha | 272 | 236 | $1,013 | $915 | $196 | $242 | $1,099 | $1,155 |
| Peñasquito | 91 | 271 | $1,536 | $823 | $562 | $383 | $1,900 | $1,013 |
| Red Chris | 23 | 29 | $1,630 | $1,290 | $675 | $364 | $2,114 | $1,611 |
| Brucejack | 112 | 91 | $1,698 | $1,831 | $713 | $926 | $2,131 | $2,363 |
| NGM | 476 | 455 | $1,377 | $1,437 | $516 | $448 | $1,701 | $1,780 |
| Divested (6) |  |  |  |  |  |  |  |  |
| CC&V | — | 28 | — | $1,397 | — | $62 | — | $1,684 |
| Musselwhite | — | 33 | — | $1,040 | — | — | — | $1,531 |
| Porcupine | — | 55 | — | $1,300 | — | $19 | — | $1,810 |
| Éléonore | — | 50 | — | $1,104 | — | — | — | $1,403 |
| Akyem | — | 43 | — | $2,358 | — | $62 | — | $2,664 |
| Total/Weighted-Average (7) | 2,430 | 2,850 | $1,384 | $1,221 | $411 | $339 | $1,822 | $1,623 |
| Merian (25%) | (40) | (28) |  |  |  |  |  |  |
| Attributable to Newmont | 2,390 | 2,822 |  |  |  |  |  |  |
| Gold equivalent ounces - other metals | (ounces in thousands) |  | ($ per ounce sold) |  | ($ per ounce sold) |  | ($ per ounce sold) |  |
| Cadia (3)(8) | 78 | 197 | $1,237 | $770 | $518 | $325 | $2,210 | $1,123 |
| Boddington (9) | 23 | 64 | $1,389 | $1,166 | $265 | $221 | $1,637 | $1,396 |
| Peñasquito (10) | 295 | 414 | $1,594 | $873 | $549 | $383 | $2,012 | $1,114 |
| Red Chris (11) | 31 | 65 | $1,729 | $1,290 | $715 | $371 | $2,106 | $1,605 |
| Total/Weighted-Average (7) | 427 | 740 | $1,522 | $907 | $542 | $352 | $2,107 | $1,239 |
| Copper | (tonnes in thousands) |  |  |  |  |  |  |  |
| Cadia (3)(8) | 28 | 43 |  |  |  |  |  |  |
| Boddington (9) | 8 | 14 |  |  |  |  |  |  |
| Red Chris (11) | 11 | 14 |  |  |  |  |  |  |
| Total/Weighted-Average | 47 | 71 |  |  |  |  |  |  |
| Lead | (tonnes in thousands) |  |  |  |  |  |  |  |
| Peñasquito (10) | 45 | 49 |  |  |  |  |  |  |
| Zinc | (tonnes in thousands) |  |  |  |  |  |  |  |
| Peñasquito (10) | 102 | 126 |  |  |  |  |  |  |
| Attributable gold from equity method investments (12) | (ounces in thousands) |  |  |  |  |  |  |  |
| Pueblo Viejo (40%) | 128 | 112 |  |  |  |  |  |  |
| Fruta del Norte (32%) (13) | 76 | 81 |  |  |  |  |  |  |
| Attributable to Newmont | 204 | 193 |  |  |  |  |  |  |

### ____________________________

(1) Excludes Depreciation and amortization and Reclamation and remediation.

(2) All-in sustaining costs is a non-GAAP financial measure. Refer to Non-GAAP Financial Measures, below.

(3) Production and cost metrics were impacted by the operational stoppage during the second quarter of 2026 due to the Cadia seismic event.

(4) In October 2025, the Company declared commercial production at its Ahafo North project in Ghana resulting in classification as a reportable segment. As such, the comparative results of operations information is not meaningful. Refer to Note 4 to the Condensed Consolidated Financial Statements for further information.

(5) During the first quarter of 2025, mining and processing operations at the site were temporarily suspended due to safety events (the "Cerro Negro shutdowns"). Full operations resumed in April 2025.

(6) These sites were classified as held for sale beginning in the first quarter of 2024, and as such, the Company ceased recording depreciation and amortization in March 2024. At June 30, 2026, all operating sites previously classified as held for sale had been divested and as a result, the comparative results of these operations are not meaningful. Refer to Note 3 to the Condensed Consolidated Financial Statements for further information on the Company's divestitures.

(7) All-in sustaining costs and Depreciation and amortization include expenses for Corporate and Other.

(8) For the six months ended June 30, 2026 and 2025, Cadia produced 63 million and 96 million pounds of copper, respectively.

(9) For the six months ended June 30, 2026 and 2025, Boddington produced 18 million and 31 million pounds of copper, respectively.

(10) For the six months ended June 30, 2026, Peñasquito produced 16 million ounces of silver, 99 million pounds of lead and 226 million pounds of zinc. For the six months ended June 30, 2025, Peñasquito produced 14 million ounces of silver, 108 million pounds of lead and 278 million pounds of zinc.

(11) For the six months ended June 30, 2026 and 2025, Red Chris produced 25 million and 32 million pounds of copper, respectively.

(12) Income and expenses of equity method investments are included in Equity income (loss) of affiliates. Refer to Note 12 to the Condensed Consolidated Financial Statements for further discussion of our equity method investments.

(13) The Fruta del Norte mine is wholly owned and operated by Lundin Gold, in which Newmont holds a 32% interest, and is accounted for as an equity method investment on a quarter lag.

### Three Months Ended June 30, 2026 Compared to 2025

Lihir, Papua New Guinea. Gold production was generally in line with the prior year. Costs applicable to sales per gold ounce increased 14% primarily due to lower gold ounces sold and higher inventory costs per unit from ore processed from stockpiles. Depreciation and amortization per gold ounce were generally in line with the prior year. All-in sustaining costs per gold ounce increased 9% primarily due to higher costs applicable to sales per gold ounce, partially offset by lower sustaining capital spend.

Cadia, Australia. Gold and gold equivalent ounces - other metals production decreased 67% and 80%, respectively, primarily as a result of the Cadia seismic event. Gold equivalent ounces - other metals production was further impacted by the GEO price change that had an unfavorable impact to the calculated gold equivalent ounces - other metals produced of 12%. Costs applicable to sales per gold ounce and per gold equivalent ounce – other metals increased 93% and 112%, respectively, primarily due to lower gold and gold equivalent ounces - other metals sold and inventory write-downs in the current year, both as a result of the Cadia seismic event. Depreciation and amortization per gold ounce and per gold equivalent ounce - other metals increased 122% and 119%, respectively, primarily due to lower gold and gold equivalent ounces - other metals sold as a result of the Cadia seismic event. All-in sustaining costs per gold ounce and per gold equivalent ounce - other metals increased 184% and 214%, respectively, primarily due to higher costs applicable to sales per gold and gold equivalent ounce - other metals, and higher sustaining capital spend.

Tanami, Australia. Gold production was generally in line with the prior year. Costs applicable to sales per gold ounce were generally in line with the prior year. Depreciation and amortization per gold ounce increased 14% primarily due to higher depreciation rates as a result of asset additions. All-in sustaining costs per gold ounce increased 20% primarily due to higher sustaining capital spend.

Boddington, Australia. Gold production increased 9% primarily due to higher ore grade milled, partially offset by lower mill throughput. Gold equivalent ounces – other metals production decreased 59% primarily due to lower other metals produced of 34% as a result of lower ore grade milled and lower mill throughput, as well as the GEO price change that had an unfavorable impact to the calculated gold equivalent ounces - other metals produced of 25%. Costs applicable to sales per gold ounce increased 6% primarily due to higher contracted services costs, higher energy costs, and higher government royalties, partially offset by higher gold ounces sold. Costs applicable to sales per gold equivalent ounce – other metals increased 21% primarily due to lower gold equivalent ounces - other metals sold, higher contracted services costs, higher energy costs, and higher government royalties. Depreciation and amortization per gold ounce increased 10% primarily due to higher depreciation rates as a result of asset additions, partially offset by higher gold ounces sold. Depreciation and amortization per gold equivalent ounce – other metals increased 12% primarily due to higher depreciation rates as a result of asset additions and lower gold equivalent ounces - other metals sold. All-in sustaining costs per gold ounce increased 14% primarily due to higher sustaining capital spend and higher costs applicable to sales per gold ounce. All-in sustaining costs per gold equivalent ounce – other metals increased 22% primarily due to higher costs applicable to sales per gold equivalent ounce - other metals and higher sustaining capital spend.

Ahafo South, Ghana. Gold production decreased 49% primarily due to lower ore grade milled and lower mill throughput. Costs applicable to sales per gold ounce increased 114% primarily due to lower gold ounces sold, higher government royalties, and higher energy costs, partially offset by a buildup of stockpile inventory compared to a draw down in the prior year. Depreciation and amortization per gold ounce increased 58% primarily due to lower gold ounces sold, partially offset by a buildup of inventory in the current year compared to a drawdown in the prior year and lower depreciation rates as a result of lower gold ounces mined. All-in sustaining costs per gold ounce increased 113% primarily due to higher costs applicable to sales per gold ounce. On December 31, 2025, the Revised Investment Agreement, under which Newmont previously operated in Ghana, expired. Additionally, during the first quarter of 2026, the Parliament of Ghana made certain changes to its' royalty regime. For more details, refer to the "Ghanaian Stability Agreement and Royalty" discussion in Item 2 Management's Discussion and Analysis of Financial Condition and Results of Operations above. The revised framework could result in higher operating costs at our Ghanaian operations, particularly in periods of higher gold prices.

Merian, Suriname. Gold production increased 40% primarily due to higher ore grade milled. Costs applicable to sales per gold ounce decreased 22% primarily due to higher gold ounces sold and a buildup of stockpile inventory compared to a drawdown in the prior year, partially offset by higher government royalties, higher energy costs and higher materials costs. Depreciation and amortization per gold ounce decreased 25% primarily due to higher gold ounces sold. All-in sustaining costs per gold ounce decreased 14% primarily due to lower costs applicable to sales per gold ounce, partially offset by higher sustaining capital spend.

Cerro Negro, Argentina. Gold production increased 17% primarily due to higher mill throughput, partially offset by lower ore grade milled. Costs applicable to sales per gold ounce decreased 26% primarily due to higher by-product credits and higher gold ounces sold, partially offset by a drawdown of stockpile inventory compared to a buildup in the prior year, higher government royalties, higher labor costs, and higher contracted services costs. Depreciation and amortization per gold ounce decreased 19% primarily due to higher gold ounces sold. All-in sustaining costs per gold ounce decreased 23% primarily due to lower costs applicable to sales per gold ounce.

Yanacocha, Peru. Gold production was generally in line with the prior year. Costs applicable to sales per gold ounce increased 16% primarily due to higher workers participation costs, higher third-party royalties and lower gold ounces sold. Depreciation and amortization per gold ounce decreased 17% primarily due to lower depreciation in the current year as a result of certain assets being fully depreciated in the prior year and higher gold ounces sold. All-in sustaining costs per gold ounce were generally in line with the prior year.

Peñasquito, Mexico. Gold production decreased 75% primarily due to lower ore grade milled and lower mill recovery, both as a result of mine sequencing combined with higher organic carbon feed. Gold equivalent ounces - other metals production decreased 46% primarily due to lower other metals produced of 28% as a result of the lower ore grade milled and lower mill recovery, as well as the GEO price change that had an unfavorable impact to the calculated gold equivalent ounces - other metals produced of 18%. Costs applicable to sales per gold ounce increased 181% primarily due to lower gold ounces sold, higher materials and mill maintenance costs driven by timing of the plant shutdown, and higher workers participation costs, partially offset by lower allocation of costs to gold as a result of lower gold ounces produced compared to the other gold equivalent ounces - other metals produced due to mine sequencing. Costs applicable to sales per gold equivalent ounce – other metals increased 149% primarily due to lower gold equivalent ounces - other metals sold, higher mill maintenance costs driven by timing of the plant shutdown, higher allocation of costs to other metals as a result of the mine sequencing impacts, and higher workers participation costs. Depreciation and amortization per gold ounce increased 74% primarily due to lower gold ounces sold. Depreciation and amortization per gold equivalent ounces – other metals increased 60% primarily due to lower gold equivalent ounces - other metals sold. All-in sustaining costs per gold ounce increased 174% primarily due to higher costs applicable to sales per gold ounce. All-in sustaining costs per gold equivalent ounce – other metals increased 146% primarily due to higher costs applicable to sales per gold equivalent ounce - other metals, higher reclamation costs, and higher allocation of sustaining capital spend to the other metals as a result of the mine sequencing impacts.

Red Chris, Canada. Gold production decreased 40% primarily due to lower ore grade milled and lower mill throughput. Gold equivalent ounces - other metals production decreased 55% primarily due to the GEO price change that had an unfavorable impact to the calculated gold equivalent ounces - other metals produced of 31%, as well as lower other metals produced of 24% as a result of lower ore grade milled and lower mill throughput. Costs applicable to sales per gold ounce increased 8% primarily due to lower gold ounces sold and higher allocation of direct costs to gold as a result of the GEO pricing change. Costs applicable to sales per gold equivalent ounce – other metals sold increased 24% primarily due to lower gold equivalent ounces - other metals sold, partially offset by lower allocation of direct costs to gold equivalent ounces - other metals as a result of the GEO price change. Depreciation and amortization per gold ounce increased 75% primarily due to lower gold ounces sold and higher allocation of costs to gold as a result of the GEO price change. Depreciation and amortization per gold equivalent ounce – other metals increased 98% primarily due to lower gold equivalent ounces - other metals sold. All-in sustaining costs per gold ounce increased 11% primarily due to higher costs applicable to sales per gold ounce. All-in sustaining costs per gold equivalent ounce – other metals increased 22% primarily due to higher costs applicable to sales per gold equivalent ounce - other metals.

Brucejack, Canada. Gold production increased 6% primarily due higher mill throughput. Costs applicable to sales per gold ounce decreased 11% primarily due to higher gold ounces sold and higher by-product credits. Depreciation and amortization per gold ounce decreased 17% primarily due to higher gold ounces sold. All-in sustaining costs per gold ounce decreased 13% primarily due to lower costs applicable to sales per gold ounce and lower sustaining capital spend.

NGM, U.S. Attributable gold production was generally in line with the prior year. Costs applicable to sales per gold ounce were generally in line with the prior year. Depreciation and amortization per gold ounce increased 17% primarily due to a drawdown of inventory in the current year at Carlin compared to a buildup in the prior year. All-in sustaining costs per gold ounce were generally in line with the prior year.

Pueblo Viejo, Dominican Republic. Attributable gold production increased 17% primarily due to higher mill throughput and higher drawdown of in-circuit inventory, partially offset by lower mill recovery and lower ore grade milled. Refer to Note 12 to the Condensed Consolidated Financial Statements for further discussion of our equity method investments.

Fruta del Norte, Ecuador. Attributable gold production was generally in line with the prior year. Refer to Note 12 to the Condensed Consolidated Financial Statements for further discussion of our equity method investments.

### Six Months Ended June 30, 2026 Compared to 2025

Lihir, Papua New Guinea. Gold production decreased 17% primarily due to lower ore grade milled, partially offset by higher mill throughput. Costs applicable to sales per gold ounce increased 29% primarily due to lower gold ounces sold, higher inventory costs per unit from ore processed from stockpiles, and higher government royalties. Depreciation and amortization per gold ounce increased 21% primarily due to lower gold ounces sold. All-in sustaining costs per gold ounce increased 20% primarily due to higher costs applicable to sales per gold ounce, partially offset by lower sustaining capital spend.

Cadia, Australia. Gold and gold equivalent ounces - other metals production decreased 38% and 60%, respectively, primarily as a result of the Cadia seismic event. Gold equivalent ounces - other metals production was further impacted by the change in GEO pricing, noted above, that had an unfavorable impact to the calculated gold equivalent ounces - other metals produced of 26%. Costs applicable to sales per gold ounce and per gold equivalent ounce - other metals increased 52% and 61%, respectively, primarily due to lower gold and gold equivalent ounces - other metals sold and inventory write-downs in the current year, both as a result of the Cadia seismic event, partially offset by higher by-product credits. Depreciation and amortization per gold ounce and per gold equivalent ounce - other metals increased 60% and 59%, respectively, primarily due to lower gold and gold equivalent ounces - other metals sold as a result of the Cadia seismic event. All-in sustaining costs per gold ounce and per gold equivalent ounce - other metals increased 87% and 97%, respectively, primarily due to higher costs applicable to sales per gold and gold equivalent ounce - other metals and higher sustaining capital spend.

Tanami, Australia. Gold production was generally in line with the prior year. Costs applicable to sales per gold ounce were generally in line with the prior year. Depreciation and amortization per gold ounce increased 9% primarily due to higher depreciation rates as a result of asset additions. All-in sustaining costs per gold ounce increased 14% primarily due to higher sustaining capital spend.

Boddington, Australia. Gold production was generally in line with the prior year. Gold equivalent ounces – other metals production decreased 64% primarily due to lower other metals produced of 40% as a result of lower ore grade milled and lower mill throughput, as well as the change in GEO pricing, noted above, that had an unfavorable impact to the calculated gold equivalent ounces - other metals produced of 24%. Costs applicable to sales per gold ounce increased 9% primarily due to lower gold ounces sold, higher materials costs, higher contracted services costs, higher government royalties, higher energy costs, and higher allocation of costs to gold as a result of the GEO price change, partially offset by a higher buildup of inventory in the current year. Costs applicable to sales per gold equivalent ounce – other metals sold increased 19% primarily due to lower gold equivalent ounces - other metals sold, higher materials costs, higher contracted services costs, higher government royalties, and higher energy costs, partially offset by lower allocation of costs to the other metals as a result of the GEO price change and a higher buildup of inventory in the current year. Depreciation and amortization per gold ounce increased 18% primarily due to lower gold ounces sold and higher allocation of costs to gold as a result of the GEO price change. Depreciation and amortization per gold equivalent ounce – other metals increased 20% primarily due to lower gold equivalent ounces - other metals sold, partially offset by lower allocation of costs to the other metals as a result of the GEO price change. All-in sustaining costs per gold ounce increased 15% primarily due to higher costs applicable to sales per gold ounce and higher allocation of sustaining capital spend to gold. All-in sustaining costs per gold equivalent ounce – other metals increased 17% primarily due to higher costs applicable to sales per gold equivalent ounce - other metals, partially offset by lower allocation of sustaining capital spend to the other metals.

Ahafo South, Ghana. Gold production decreased 43% primarily due to lower ore grade milled and lower mill throughput. Costs applicable to sales per gold ounce increased 69% primarily due to lower gold ounces sold, higher contracted services costs, and higher energy costs, partially offset by a buildup of stockpile inventory compared to a draw down in the prior year. Depreciation and amortization per gold ounce increased 45% primarily due to lower gold ounces sold, partially offset by lower depreciation rates as a result of lower gold ounces mined. All-in sustaining costs per gold ounce increased 67% primarily due to higher costs applicable to sales per gold ounce.

Merian, Suriname. Gold production increased 41% primarily due to higher ore grade milled and higher drawdown of in-circuit inventory, partially offset by lower mill throughput. Costs applicable to sales per gold ounce decreased 19% primarily due to higher gold ounces sold, partially offset by higher government royalties. Depreciation and amortization per gold ounce decreased 25% primarily due to higher gold ounces sold. All-in sustaining costs per gold ounce decreased 17% primarily due to lower costs applicable to sales per gold ounce, partially offset by higher sustaining capital spend.

Cerro Negro, Argentina. Gold production increased 36% primarily due to higher mill throughput in the current year as a result of the Cerro Negro shutdowns in the prior year, partially offset by lower ore grade milled. Costs applicable to sales per gold ounce decreased 35% primarily due to higher gold ounces sold. Depreciation and amortization per gold ounce decreased 18% primarily due to higher gold ounces sold. All-in sustaining costs per gold ounce decreased 34% primarily due to lower costs applicable to sales per gold ounce and lower sustaining capital spend.

Yanacocha, Peru. Gold production increased 15% primarily due to higher leach pad production as a result of injection leaching. Costs applicable to sales per gold ounce increased 11% primarily due to higher workers participation costs and higher third-party royalties, partially offset by higher gold ounces sold. Depreciation and amortization per gold ounce decreased 19% primarily due to higher gold ounces sold. All-in sustaining costs per gold ounce were generally in line with the prior year.

Peñasquito, Mexico. Gold production decreased 66% primarily due to lower ore grade milled and lower mill recovery, both as a result of mine sequencing combined with higher organic carbon feed, partially offset by higher mill throughput. Gold equivalent ounces - other metals production decreased 29% primarily as a result of the GEO price change that had an unfavorable impact to the calculated gold equivalent ounces - other metals produced. Costs applicable to sales per gold ounce increased 87% primarily due to lower gold ounces sold and a drawdown of inventory in the current year compared to a buildup in the prior year, partially offset by lower allocation of costs to gold as a result of lower gold ounces produced compared to the other gold equivalent ounces - other metals produced due to mine sequencing. Costs applicable to sales per gold equivalent ounce – other metals increased 83% primarily due to lower gold equivalent ounces - other metals sold, higher allocation of direct costs to other metals as a result of the mine sequencing impacts, higher workers participation costs, and higher third-party and government royalties. Depreciation and amortization per gold ounce increased 47% primarily due to lower gold ounces sold, partially offset by lower allocation of costs to gold as a result of the mine sequencing impacts. Depreciation and amortization per gold equivalent ounces – other metals increased 43% primarily due to lower gold equivalent ounces - other metals sold and higher allocation of costs to gold equivalent ounces - other metals as a result of the mine sequencing impacts. All-in sustaining costs per gold ounce increased 88% primarily due to higher costs applicable to sales per gold ounce, partially offset by lower treatment and refining costs. All-in sustaining costs per gold equivalent ounce – other metals increased 81% primarily due to higher costs applicable to sales per gold equivalent ounce - other metals, higher reclamation costs, and higher allocation of sustaining capital spend to the other metals as a result of the mine sequencing impacts, partially offset by lower treatment and refining costs.

Red Chris, Canada. Gold production decreased 21% primarily due to lower ore grade milled and lower mill throughput, partially offset by higher mill recovery. Gold equivalent ounces - other metals production decreased 52% primarily due to the GEO price change that had an unfavorable impact to the calculated gold equivalent ounces - other metals produced of 31%, as well as lower other metals produced of 21% as a result of lower ore grade milled and lower mill throughput. Costs applicable to sales per gold ounce increased 26% primarily due to lower gold ounces sold and higher allocation of direct costs to gold as a result of the GEO pricing change. Costs applicable to sales per gold equivalent ounce – other metals sold increased 34% primarily due to lower gold equivalent ounces - other metals sold, partially offset by lower allocation of direct costs to gold equivalent ounces - other metals as a result of the GEO price change. Depreciation and amortization per gold ounce increased 85% primarily due to higher depreciation as a result of lower gold ounces sold and higher allocation of costs to gold as a result of the GEO price change. Depreciation and amortization per gold equivalent ounce – other metals increased 93% primarily due to lower gold equivalent ounces - other metals sold. All-in sustaining costs per gold ounce increased 31% primarily due to higher costs applicable to sales per gold ounce. All-in sustaining costs per gold equivalent ounce – other metals increased 31% primarily due to higher costs applicable to sales per gold equivalent ounce - other metals, partially offset by lower sustaining capital spend and lower treatment and refining costs.

Brucejack, Canada. Gold production increased 23% primarily due to a drawdown of in-circuit inventory compared to a buildup in the prior year, higher ore grade milled, and higher mill throughput. Costs applicable to sales per gold ounce decreased 7% primarily due to higher gold ounces sold and higher by-product credits. Depreciation and amortization per gold ounce decreased 23% primarily due to higher gold ounces sold. All-in sustaining costs per gold ounce decreased 10% primarily due to lower costs applicable to sales per gold ounce and lower sustaining capital spend.

NGM, U.S. Attributable gold production was generally in line with the prior year. Costs applicable to sales per gold ounce were generally in line with the prior year. Depreciation and amortization per gold ounce increased 15% primarily due to higher depreciation rates in the current year at Carlin as a result of higher gold ounces mined and lower gold ounces sold at Phoenix, partially offset by higher gold ounces sold at Carlin and Turquoise Ridge. All-in sustaining costs per gold ounce were generally in line with the prior year.

Pueblo Viejo, Dominican Republic. Attributable gold production increased 14% primarily due to higher mill throughput and higher drawdown of in-circuit inventory, partially offset by lower mill recovery. Refer to Note 12 to the Condensed Consolidated Financial Statements for further discussion of our equity method investments.

Fruta del Norte, Ecuador. Attributable gold production decreased 6% primarily due to lower ore grade milled, partially offset by higher mill throughput. Refer to Note 12 to the Condensed Consolidated Financial Statements for further discussion of our equity method investments.

### Liquidity and Capital Resources

### Liquidity Overview

We have a disciplined capital allocation strategy of maintaining financial flexibility to execute our capital priorities and generate long-term value for our stockholders. The Company continues to experience the impacts from geopolitical and macroeconomic pressures. With the resulting volatile environment, we continue to monitor inflationary conditions, the effects of certain countermeasures taken by central banks, and the potential for further supply chain disruptions, as well as an uncertain and evolving labor market including regulatory changes. Depending on the duration and extent of the impact of these events, or changes in commodity prices, the prices for gold and other metals, and foreign exchange rates, we could continue to experience volatility; transportation industry disruptions could occur, including limitations on shipping produced metals; our supply chain could experience

disruption; cost inflation rates could further increase; or we could incur credit related losses of certain financial assets, which could materially impact our results of operations, cash flows and financial condition.

As of June 30, 2026, we believe our available liquidity allows us to manage the short- and, possibly, long-term material adverse impacts of these events on our business. Refer to Note 2 to the Condensed Consolidated Financial Statements for further discussion on risks and uncertainties.

At June 30, 2026, the Company had $9,009 of Cash and cash equivalents. The majority of our cash and cash equivalents are invested in a variety of highly liquid and low-risk investments with original maturities of three months or less that are available to fund our operations as necessary. We may have investments in prime money market funds that are classified as cash and cash equivalents; however, we continually monitor the need for reclassification under the SEC requirements for money market funds, and the potential that the shares of such funds could have a net asset value of less than their par value. We believe that our liquidity and capital resources are adequate to fund our operations and corporate activities.

At June 30, 2026, $1,848 of Cash and cash equivalents was held in foreign subsidiaries and is primarily held in USD-denominated accounts with the remainder in foreign currencies readily convertible to USD. Cash and cash equivalents denominated in Argentine peso are subject to regulatory restrictions. Refer to Foreign Currency Exchange Rates in Item 3 below for further information. At June 30, 2026, $1,295 in cash and cash equivalents was held at certain foreign subsidiaries that, if repatriated, may be subject to withholding taxes. We expect that there would be no additional tax burden upon repatriation after considering the cash cost associated with any potential withholding taxes.

We believe our existing Cash and cash equivalents, available capacity on our revolving credit facility, and cash generated from operating activities will be adequate to satisfy working capital needs, fund future growth, meet debt obligations and meet other liquidity requirements for the foreseeable future. At June 30, 2026, our borrowing capacity on our revolving credit facility was $4,000 and we had no borrowings outstanding. We continue to remain compliant with covenants and do not currently anticipate any events or circumstances that would impact our ability to access funds available on this facility. Refer to Note 15 to the Condensed Consolidated Financial Statements for further information on our Debt.

Our financial position was as follows:

| Line item | At June 30,2026 | At December 31,2025 |
| --- | --- | --- |
| Cash and cash equivalents | $9,009 | $7,647 |
| Available borrowing capacity on revolving credit facilities | 4,000 | 4,000 |
| Total liquidity | $13,009 | $11,647 |
| Net debt (cash) (1) | $(3,411) | $(2,058) |

### ____________________________

(1) Net debt is a non-GAAP financial measure used by management to evaluate financial flexibility and strength of the Company's balance sheet. Refer to Non-GAAP Financial Measures, below.

### Cash Flows

Net cash provided by (used in) operating activities was $6,709 during the six months ended June 30, 2026, compared to $4,415 during the same period in 2025, primarily due to a net increase in Sales largely resulting from higher average realized gold and silver prices in 2026, partially offset by higher cash taxes paid in 2026.

Net cash provided by (used in) investing activities was $(1,033) during the six months ended June 30, 2026, compared to $1,417 during the same period in 2025, primarily due to the sales of the non-core assets in 2025 with no similar transaction in 2026. Refer to Note 3 to the Condensed Consolidated Financial Statements for additional information on the Company's divestitures.

Net cash provided by (used in) financing activities was $(4,301) during the six months ended June 30, 2026, compared to $(3,407) during the same period in 2025, due to higher repurchases of common stock in 2026, partially offset by higher debt redemptions in 2025. Refer to Note 15 to the Condensed Consolidated Financial Statements for additional information on debt redemptions.

### Capital Resources

In July 2026, the Board declared a dividend of $0.26 per share for the second quarter of 2026 as part of its capital allocation framework. This framework is designed to be sustainable through the commodity and investment cycles while also focusing on shareholder returns, maintaining a resilient balance sheet, and making prudent capital investments for long-term value. The declaration and payment of future dividends remains at the full discretion of the Board and will depend on the Company’s financial results, cash requirements, future prospects and other factors deemed relevant by the Board.

In February 2024, the Board of Directors authorized a stock repurchase program to repurchase shares of outstanding common stock to provide returns to stockholders, provided that the aggregate value of shares of common stock repurchased under the program did not exceed $1 billion; this program has been completed. In October 2024, the Board of Directors authorized an additional $2 billion stock repurchase program to repurchase shares of outstanding common stock; this program has been completed. In July 2025, the Board of Directors authorized an additional $3 billion stock repurchase program to repurchase shares of outstanding common stock, which was completed in April 2026. In April 2026, the Board of Directors authorized an additional $6 billion stock repurchase program to repurchase shares of outstanding common stock.

The program will be executed at the Company’s discretion, permits shares to be repurchased under a variety of methods, has no expiration date, may be discontinued at any time, and the program does not obligate the Company to acquire any specific number of shares of its common stock or to repurchase the full authorized amount. Consequently, the Board of Directors may revise or terminate such share repurchase authorization in the future. Through the date of filing, we have executed and settled $7,617 of total common stock repurchases under the authorized programs, of which $3,462 was repurchased during the six months ended June 30, 2026.

### Capital Expenditures

Cash generated from operations is used to execute our capital priorities, which include sustaining and developing our global portfolio of long-lived assets. Our near-term development capital projects include Tanami Expansion 2, Cadia Panel Caves, Lihir Nearshore Barrier, and the Cerro Negro expansion projects. These projects are being funded from existing liquidity and will continue to be funded from future operating cash flows.

We consider sustaining capital as those capital expenditures that are necessary to maintain current production and execute the current mine plan. Capital expenditures to develop new operations or related to projects at existing operations, where these projects will enhance production or reserves, are considered non-sustaining or development capital. The Company’s decision to reprioritize, sell or abandon a development project, which may include returning mining concessions to host governments, could result in a future impairment charge.

For additional information on our capital expenditures, refer to Part II, Item 7, Liquidity and Capital Resources of our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 19, 2026.

For the six months ended June 30, 2026 and 2025, we had Additions to property, plant and mine development, inclusive of capitalized interest, as follows:

| Line item | 2026 / Development Projects | 2026 / Sustaining Capital | 2026 / Total | 2025 / Development Projects | 2025 / Sustaining Capital | 2025 / Total |
| --- | --- | --- | --- | --- | --- | --- |
| Lihir | $26 | $43 | $69 | $2 | $79 | $81 |
| Cadia | 137 | 186 | 323 | 137 | 136 | 273 |
| Tanami | 200 | 106 | 306 | 180 | 67 | 247 |
| Boddington | — | 85 | 85 | — | 71 | 71 |
| Ahafo South (1) | 8 | 66 | 74 | 11 | 72 | 83 |
| Ahafo North (1) | 24 | 21 | 45 | 164 | — | 164 |
| Merian | — | 39 | 39 | — | 26 | 26 |
| Cerro Negro | 30 | 44 | 74 | 27 | 56 | 83 |
| Yanacocha | — | 3 | 3 | 3 | 5 | 8 |
| Peñasquito | — | 62 | 62 | — | 56 | 56 |
| Red Chris | 68 | 20 | 88 | 45 | 25 | 70 |
| Brucejack | — | 39 | 39 | — | 41 | 41 |
| NGM | 87 | 125 | 212 | 63 | 132 | 195 |
| Corporate and Other | — | 1 | 1 | — | 5 | 5 |
| Divested (2) |  |  |  |  |  |  |
| CC&V | — | — | — | — | 5 | 5 |
| Musselwhite | — | — | — | — | 14 | 14 |
| Porcupine | — | — | — | 28 | 26 | 54 |
| Éléonore | — | — | — | — | 12 | 12 |
| Akyem | — | — | — | — | 9 | 9 |
| Accrual basis | $580 | $840 | 1,420 | $660 | $837 | 1,497 |
| Decrease (increase) in non-cash adjustments and hedging impacts |  |  | (60) |  |  | 3 |
| Cash basis |  |  | $1,360 |  |  | $1,500 |

### ____________________________

(1) In the fourth quarter of 2025, the Ahafo North development project achieved commercial production resulting in designation as a reportable segment. Prior to declaration of commercial production, Ahafo North was classified as a development project, and all activity was included in the Ahafo South reportable segment. Although not a reportable segment until the fourth quarter of 2025, the amounts related to Ahafo North have been reported separately for comparability purposes.

(2) Refer to Note 3 to the Condensed Consolidated Financial Statements for further information.

For the six months ended June 30, 2026, development projects primarily included Tanami Expansion 2, Cadia Panel Caves, Red Chris Block Caves, Tanami Leach Train, Cerro Negro expansion projects, Lihir Nearshore Barrier, and the Goldrush Complex at NGM.

Development capital costs (excluding capitalized interest and capitalized depreciation and amortization) on our near-term capital projects of Tanami Expansion 2, Cadia Panel Caves, Lihir Nearshore Barrier, and the Cerro Negro expansion projects since approval were $1,427, $625, $27, and $137, respectively, of which $123, $109, $27, and $28 related to the six months ended June 30, 2026, respectively.

For the six months ended June 30, 2025, development projects primarily included Tanami 2 Expansion, Ahafo North, Cadia Panel Caves, Red Chris Block Caves, Cerro Negro expansion projects, and the Goldrush Complex at NGM.

The Company will from time to time enter into hedging relationships to mitigate variability in development capital spend denominated in foreign currency. The Company has entered into A$1,734 AUD-denominated fixed forward contracts, designated as foreign currency cash flow hedges, to mitigate variability in the USD functional cash flows related to the AUD-denominated capital expenditures related to the construction and development phase of the Tanami Expansion 2, Cadia Panel Caves, and Cadia Tailings projects expected to be incurred between October 2024 and December 2026. Refer to Note 11 to the Condensed Consolidated Financial Statements for further information.

Sustaining capital includes capital expenditures such as tailings facility construction, underground and surface mine development, infrastructure improvements, capitalized component purchases, mining equipment, and reserves drilling conversion.

### Debt

Debt and Corporate Revolving Credit Facilities. The Company from time to time will redeem its outstanding senior notes ahead of their scheduled maturity dates utilizing Cash and cash equivalents. Additionally, depending upon market conditions and strategic considerations, we may choose to refinance debt in the capital markets. We generally expect to be able to fund maturities of debt from Net cash provided by (used in) operating activities, existing cash balances, and available credit facilities.

For the six months ended June 30, 2026 and 2025, the Company completed redemptions of senior notes totaling $42 and $1,376 in principal, respectively, and paid accrued interest of $— and $22, respectively. These transactions resulted in no gain or loss on extinguishment for the three months ended June 30, 2026, a gain on extinguishment of $1 for the six months ended June 30, 2026, and losses on extinguishment of $18 and $28 for the three and six months ended June 30, 2025, respectively, recognized in Other income (loss), net.

Debt Covenants. Refer to Part II, Item 7 of our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 19, 2026, for information regarding our debt covenants. At June 30, 2026, we were in compliance with all existing debt covenants and provisions related to potential defaults.

Refer to Note 15 to the Condensed Consolidated Financial Statements for further information.

Co-Issuer and Supplemental Guarantor Information. The Company filed a shelf registration statement with the SEC on Form S-3 under the Securities Act of 1933, as amended, which enables us to issue an indeterminate number or amount of common stock, preferred stock, depository shares, debt securities, guarantees of debt securities, warrants and units (the “Shelf Registration Statement”). Under the Shelf Registration Statement, our debt securities may be guaranteed by Newmont USA Limited (“Newmont USA”), one of our consolidated subsidiaries.

Newmont and Newcrest Finance Pty Ltd ("Newcrest Finance"), as issuers, and Newmont USA, as guarantor, are collectively referred to here-within as the "Obligor Group."

These guarantees are full and unconditional, and none of our other subsidiaries guarantee any security issued and outstanding. The cash provided by operations of the Obligor Group, and all of its subsidiaries, is available to satisfy debt repayments as they become due, and there are no material restrictions on the ability of the Obligor Group to obtain funds from subsidiaries, by dividend, loan, or otherwise, except to the extent of any rights of noncontrolling interests or regulatory restrictions limiting repatriation of cash. Net assets attributable to noncontrolling interests were $171 and $175 at June 30, 2026 and December 31, 2025, respectively. All noncontrolling interests relate to non-guarantor subsidiaries.

Newmont and Newmont USA are primarily holding companies with no material operations, sources of income or assets other than equity interest in their subsidiaries and intercompany receivables or payables. Newcrest Finance is a finance subsidiary with no material assets or operations other than those related to issued external debt and intercompany receivables or payables. Newmont USA’s primary investments are comprised of its 38.5% interest in NGM. For further information regarding these and our other operations, refer to Note 4 to the Condensed Consolidated Financial Statements and Results of Consolidated Operations within Part I, Item 2, MD&A.

In addition to equity interests in subsidiaries, the Obligor Group’s balance sheets consisted primarily of the following intercompany assets, intercompany liabilities, and external debt. The remaining assets and liabilities of the Obligor Group are considered immaterial at June 30, 2026 and December 31, 2025.

| Line item | At June 30, 2026 / Obligor Group | At June 30, 2026 / Newmont USA | At December 31, 2025 / Obligor Group | At December 31, 2025 / Newmont USA |
| --- | --- | --- | --- | --- |
| Current intercompany assets | $28,103 | $21,402 | $24,979 | $17,426 |
| Non-current intercompany assets | $400 | — | $770 | $283 |
| Current intercompany liabilities | $30,633 | $1,631 | $28,983 | $1,621 |
| Non-current intercompany liabilities | $1,031 | $31 | $49 | — |
| Non-current external debt | $5,076 | — | $5,108 | — |

Newmont USA's subsidiary guarantees (the “subsidiary guarantees”) are general unsecured senior obligations of Newmont USA and rank equal in right of payment to all of Newmont USA's existing and future senior unsecured indebtedness and senior in right of payment to all of Newmont USA's future subordinated indebtedness. The subsidiary guarantees are effectively junior to any secured indebtedness of Newmont USA to the extent of the value of the assets securing such indebtedness.

At June 30, 2026, Newmont USA had guaranteed $5,019 of the $5,076 in total Obligor Group external debt. Under the terms of the subsidiary guarantees, holders of Newmont’s securities subject to such subsidiary guarantees will not be required to exercise their remedies against Newmont before they proceed directly against Newmont USA.

Newmont USA will be released and relieved from all its obligations under the subsidiary guarantees in certain specified circumstances, including, but not limited to, the following:

- upon the sale or other disposition (including by way of consolidation or merger), in one transaction or a series of related transactions, of a majority of the total voting power of the capital stock or other interests of Newmont USA (other than to Newmont or any of Newmont’s affiliates);
- upon the sale or disposition of all or substantially all the assets of Newmont USA (other than to Newmont or any of Newmont’s affiliates); or
- upon such time as Newmont USA ceases to guarantee more than $75 aggregate principal amount of Newmont’s debt (at June 30, 2026, Newmont USA guaranteed $517 aggregate principal amount of debt of Newmont that did not contain a similar fall-away provision).

Newmont’s debt securities are effectively junior to any secured indebtedness of Newmont to the extent of the value of the assets securing such indebtedness, and structurally subordinated to all debt and other liabilities of Newmont’s non-guarantor subsidiaries. At June 30, 2026, (i) Newmont’s total consolidated indebtedness was approximately $5,598, none of which was secured (other than $515 of Lease and other financing obligations), and (ii) Newmont’s non-guarantor subsidiaries had $8,398 of total liabilities (including trade payables, but excluding intercompany, external debt and reclamation and remediation liabilities), which would have been structurally senior to Newmont’s debt securities.

For further information on our debt, refer to Note 15 to the Condensed Consolidated Financial Statements.

### Contractual Obligations

As of June 30, 2026, there have been no material changes, outside the ordinary course of business, in our contractual obligations since December 31, 2025. Refer to Part II, Item 7 of our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 19, 2026, for information regarding our contractual obligations.

### Environmental

Our mining and exploration activities are subject to various federal and state laws and regulations governing the protection of the environment. We have made, and expect to make in the future, expenditures to comply with such laws and regulations, but cannot predict the full amount of such future expenditures. We perform a comprehensive review of our reclamation and remediation liabilities annually and review changes in facts and circumstances associated with these obligations at least quarterly.

For a complete discussion of the factors that influence our reclamation obligations and the associated risks, refer to Part II, Item 7, Management's Discussion and Analysis of Consolidated Financial Condition and Results of Operations under the headings “Environmental” and “Critical Accounting Estimates” and refer to Part I, Item 1A, Risk Factors under the heading “Mine closure, reclamation and remediation costs for environmental liabilities may exceed the provisions we have made” of our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 19, 2026.

Our sustainability strategy is a foundational element in achieving our purpose in unearthing value sustainably to advance lives. Sustainability and safety are integrated into the business at all levels of the organization through our global policies, standards, strategies, business plans and remuneration plans. For additional information on the Company’s reclamation and remediation liabilities, refer to Notes 6 and 17 to the Condensed Consolidated Financial Statements.

### Non-GAAP Financial Measures

Non-GAAP financial measures are intended to provide additional information only and do not have any standard meaning prescribed by GAAP. These measures should not be considered in isolation or as a substitute for measures of performance prepared in accordance with GAAP. Refer to Non-GAAP Financial Measures within Part II, Item 7 within our Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 19, 2026, for further information on the non-GAAP financial measures presented below, including why management believes that its presentation of non-GAAP financial measures provides useful information to investors.

### Earnings Before Interest, Taxes, Depreciation and Amortization and Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization

Net income (loss) attributable to Newmont stockholders is reconciled to EBITDA and Adjusted EBITDA as follows:

| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
| --- | --- | --- | --- | --- |
| Net income (loss) attributable to Newmont stockholders | $2,202 | $2,061 | $5,464 | $3,952 |
| Net income (loss) attributable to noncontrolling interests | 49 | 14 | 115 | 25 |
| Equity loss (income) of affiliates | (204) | (49) | (353) | (127) |
| Income and mining tax expense (benefit) | 952 | 1,092 | 2,356 | 1,739 |
| Depreciation and amortization | 604 | 620 | 1,236 | 1,213 |
| Interest expense, net of capitalized interest | 35 | 65 | 74 | 144 |
| EBITDA | 3,638 | 3,803 | 8,892 | 6,946 |
| Adjustments: |  |  |  |  |
| Change in fair value of investments and options (1) | 111 | (151) | 24 | (442) |
| Restructuring and severance (2) | 12 | 15 | 18 | 24 |
| Impairment charges (3) | 2 | 9 | 11 | 24 |
| (Gain) loss on sale of assets held for sale (4) | (5) | (699) | (5) | (975) |
| (Gain) loss on asset and investment sales (5) | 1 | 2 | 1 | 7 |
| (Gain) loss on debt extinguishment (6) | — | 18 | (1) | 28 |
| Settlement costs (7) | 2 | — | — | 3 |
| Newcrest transaction and integration costs (8) | — | (10) | — | (6) |
| Other (9) | (4) | 10 | (29) | 17 |
| Adjusted EBITDA | $3,757 | $2,997 | $8,911 | $5,626 |

### ____________________________

(1) Primarily consists of the unrealized gains and losses related to the Company's marketable equity and other securities; included in Other income (loss), net.

(2) Primarily consists of restructuring and severance related costs associated with significant organizational or operating model changes implemented by the Company for all periods presented; included in Other expense, net.

(3) Consists of non-cash write-downs of various assets that are no longer in use and materials and supplies inventories; included in Other expense, net.

(4) Primarily consists of the gain on the sales of certain non-core assets in 2025; included in (Gain) loss on sale of assets held for sale. Refer to Note 3 to the Condensed Consolidated Financial Statements for further information.

(5) Primarily consists of gains and losses related to the sale of certain assets and investments; included in Other income (loss), net.

(6) Consists of the gains and losses on debt redemptions incurred in 2026 and 2025, respectively; included in Other income (loss), net. Refer to Note 15 to the Condensed Consolidated Financial Statements for further information.

(7) Primarily consists of amounts incurred related to non-recurring contractual obligations arising outside the ordinary course of business; included in Other expense, net.

(8) Consists of costs incurred in 2025 related to the Newcrest transaction; included in Other expense, net.

(9) Primarily consists of post-divestiture activity and costs incurred related to transition service agreements for divested reportable segments; included in Other income (loss), net. Refer to Note 3 to the Condensed Consolidated Financial Statements for further information on the Company's divestitures.

### Adjusted Net Income (Loss)

Net income (loss) attributable to Newmont stockholders is reconciled to Adjusted net income (loss) as follows:

| Line item | Three Months Ended June 30, 2026 / per share data (1) / basic | Three Months Ended June 30, 2026 / per share data (1) / diluted | Six Months Ended June 30, 2026 / per share data (1) / basic | Six Months Ended June 30, 2026 / per share data (1) / diluted |
| --- | --- | --- | --- | --- |
| Net income (loss) attributable to Newmont stockholders | $$2.07 | $$2.06 | $5.08 | $5.07 |
| Adjustments: |  |  |  |  |
| Change in fair value of investments and options (2) | 0.10 | 0.10 | 0.02 | 0.02 |
| Restructuring and severance (3) | 0.01 | 0.01 | 0.02 | 0.02 |
| Impairment charges (4) | — | — | 0.01 | 0.01 |
| (Gain) loss on sale of assets held for sale (5) | — | — | — | — |
| (Gain) loss on asset and investment sales (6) | — | — | — | — |
| (Gain) loss on debt extinguishment (7) | — | — | — | — |
| Settlement costs (8) | — | — | — | — |
| Other (9) | — | — | (0.03) | (0.03) |
| Tax effect of adjustments (10) | (0.02) | (0.02) | — | — |
| Valuation allowance and other tax adjustments (11) | (0.05) | (0.05) | (0.08) | (0.08) |
| Adjusted net income (loss) | $$2.11 | $$2.10 | $5.02 | $5.01 |
| Weighted average common shares (millions): (12) | 1,065 | 1,067 | 1,075 | 1,077 |

### ____________________________

(1) Per share measures may not recalculate due to rounding.

(2) Primarily consists of the unrealized gains and losses related to the Company's marketable equity and other securities; included in Other income (loss), net.

(3) Primarily consists of restructuring and severance related costs associated with significant organizational or operating model changes implemented by the Company for all periods presented; included in Other expense, net.

(4) Consists of non-cash write-downs of various assets that are no longer in use and materials and supplies inventories; included in Other expense, net.

(5) Consists of the impact of finalization of certain working capital adjustments on completed divestments; included in (Gain) loss on sale of assets held for sale. Refer to Note 3 to the Condensed Consolidated Financial Statements for further information.

(6) Primarily consists of gains and losses related to the sale of certain assets and investments; included in Other income (loss), net.

(7) Consists of the gain on debt redemptions; included in Other income (loss), net. Refer to Note 15 to the Condensed Consolidated Financial Statements for further information.

(8) Primarily consists of amounts incurred related to non-recurring contractual obligations arising outside the ordinary course of business; included in Other expense, net.

(9) Primarily consists of post-divestiture activity; included in Other income (loss), net. Refer to Note 3 to the Condensed Consolidated Financial Statements for further information on the Company's divestitures.

(10) The tax effect of adjustments, included in Income and mining tax benefit (expense), represents the tax effect of adjustments in footnotes (2) through (9), as described above, and are calculated using the applicable regional tax rate.

(11) Valuation allowance and other tax adjustments, included in Income and mining tax benefit (expense), is recorded for items such as foreign tax credits, capital losses, disallowed foreign losses, and the effects of changes in foreign currency exchange rates on deferred tax assets and deferred tax liabilities. The adjustment for the three and six months ended June 30, 2026 reflects the net increase or (decrease) to net operating losses, capital losses, tax credit carryovers, and other deferred tax assets subject to valuation allowance of $(26) and $(137), the effects of changes in foreign exchange rates on deferred tax assets and liabilities of $(15) and $9, net reductions to the reserve for uncertain tax positions of $(40) and $(43), and other tax adjustments of $28 and $90. For further information on reductions to the reserve for uncertain tax positions, refer to Note 9 to the Condensed Consolidated Financial Statements.

(12) Adjusted net income (loss) per diluted share is calculated using diluted common shares in accordance with GAAP.

| Line item | Three Months Ended June 30, 2025 / per share data (1) / basic | Three Months Ended June 30, 2025 / per share data (1) / diluted | Six Months Ended June 30, 2025 / per share data (1) / basic | Six Months Ended June 30, 2025 / per share data (1) / diluted |
| --- | --- | --- | --- | --- |
| Net income (loss) attributable to Newmont stockholders | $$1.86 | $$1.85 | $3.53 | $3.53 |
| Adjustments: |  |  |  |  |
| (Gain) loss on sale of assets held for sale (2) | (0.63) | (0.63) | (0.87) | (0.87) |
| Change in fair value of investments and options (3) | (0.14) | (0.14) | (0.39) | (0.39) |
| (Gain) loss on debt extinguishment (4) | 0.02 | 0.02 | 0.03 | 0.03 |
| Restructuring and severance (5) | 0.01 | 0.01 | 0.02 | 0.02 |
| Impairment charges (6) | 0.01 | 0.01 | 0.02 | 0.02 |
| (Gain) loss on asset and investment sales (7) | — | — | — | — |
| Newcrest transaction and integration costs (8) | (0.01) | (0.01) | — | — |
| Settlement costs (9) | — | — | — | — |
| Other (10) | 0.01 | 0.01 | 0.01 | 0.01 |
| Tax effect of adjustments (11) | 0.16 | 0.16 | 0.33 | 0.33 |
| Valuation allowance and other tax adjustments (12) | 0.15 | 0.15 | — | — |
| Adjusted net income (loss) | $$1.44 | $$1.43 | $2.68 | $2.68 |
| Weighted average common shares (millions): (13) | 1,110 | 1,112 | 1,118 | 1,120 |

### ____________________________

(1) Per share measures may not recalculate due to rounding.

(2) Consists of the gain on the divestments of certain non-core assets; included in (Gain) loss on sale of assets held for sale. Refer to Note 3 to the Condensed Consolidated Financial Statements for further information.

(3) Primarily consists of the unrealized gains and losses related to the Company's marketable equity and other securities; included in Other income (loss), net.

(4) Consists of the loss on debt redemptions; included in Other income (loss), net. Refer to Note 15 to the Condensed Consolidated Financial Statements for further information.

(5) Primarily consists of restructuring and severance related costs associated with significant organizational or operating model changes implemented by the Company for all periods presented; included in Other expense, net.

(6) Consists of non-cash write-downs of various assets that are no longer in use and materials and supplies inventories; included in Other expense, net. Amounts are presented net of Net loss (income) attributable to noncontrolling interests of $(1) and $(1), respectively.

(7) Primarily consists of gains and losses related to the sale of certain assets and investments; included in Other income (loss), net.

(8) Consists of costs incurred related to the Newcrest transaction; included in Other expense, net.

(9) Primarily consists of amounts incurred related to non-recurring contractual obligations arising outside the ordinary course of business; included in Other expense, net.

(10) Primarily consists of costs incurred related to transition service agreements for divested reportable segments; included in Other income (loss), net.

(11) The tax effect of adjustments, included in Income and mining tax benefit (expense), represents the tax effect of adjustments in footnotes (2) through (10), as described above, and are calculated using the applicable regional tax rate.

(12) Valuation allowance and other tax adjustments, included in Income and mining tax benefit (expense), is recorded for items such as foreign tax credits, capital losses, disallowed foreign losses, and the effects of changes in foreign currency exchange rates on deferred tax assets and deferred tax liabilities. The adjustment for the three and six months ended June 30, 2025 reflects the net increase or (decrease) to net operating losses, capital losses, tax credit carryovers, and other deferred tax assets subject to valuation allowance of $146 and $(51), the effects of changes in foreign exchange rates on deferred tax assets and liabilities of $11 and $3, net reductions to the reserve for uncertain tax positions of $8 and $(6), recording of a deferred tax liability for the outside basis difference at Akyem of $(2) and $— due to the status change to held for sale, and other tax adjustments of $4 and $51. For further information on reductions to the reserve for uncertain tax positions, refer to Note 9 to the Condensed Consolidated Financial Statements.

(13) Adjusted net income (loss) per diluted share is calculated using diluted common shares in accordance with GAAP.

### Free Cash Flow

The following table sets forth a reconciliation of Free cash flow to Net cash provided by (used in) operating activities, which the Company believes to be the GAAP financial measure most directly comparable to Free cash flow, as well as information regarding Net cash provided by (used in) investing activities and Net cash provided by (used in) financing activities.

| Line item | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
| --- | --- | --- |
| Net cash provided by (used in) operating activities | $6,709 | $4,415 |
| Less: Additions to property, plant and mine development | (1,360) | (1,500) |
| Free cash flow | $5,349 | $2,915 |
| Net cash provided by (used in) investing activities (1) | $(1,033) | $1,417 |
| Net cash provided by (used in) financing activities | $(4,301) | $(3,407) |

### ____________________________

(1) Net cash provided by (used in) investing activities includes Additions to property, plant and mine development, which is included in the Company’s computation of Free cash flow.

### Net Debt

Net debt is calculated as Debt and Lease and other financing obligations less Cash and cash equivalents, as presented on the Condensed Consolidated Balance Sheets. Cash and cash equivalents are subtracted from Debt and Lease and other financing obligations as these could be used to reduce the Company's debt obligations.

The following table sets forth a reconciliation of Net debt, a non-GAAP financial measure, to Debt and Lease and other financing obligations, which the Company believes to be the GAAP financial measures most directly comparable to Net debt. The Company has also presented Net debt excluding Lease and other financing obligations to provide a supplemental view of evaluating the financial flexibility and strength of the Company's balance sheet.

| Line item | At June 30,2026 | At December 31,2025 |
| --- | --- | --- |
| Debt | $5,083 | $5,115 |
| Less: Cash and cash equivalents | (9,009) | (7,647) |
| Net debt (cash) excluding leases and other financing obligations | (3,926) | (2,532) |
| Add: Lease and other financing obligations | 515 | 474 |
| Net debt (cash) | $(3,411) | $(2,058) |

### All-In Sustaining Costs

All-in sustaining costs represent the sum of certain costs, recognized as GAAP financial measures, that management considers to be associated with production. All-in sustaining costs per ounce amounts are calculated by dividing all-in sustaining costs by gold ounces or gold equivalent ounces sold.

| Three Months Ended June 30, 2026 | Costs Applicable to Sales (1)(2)(3) | Reclamation Costs (4) | Advanced Projects, Research and Development and Exploration (5) | General and Administrative | Other Expense, Net (6) | Treatment and Refining Costs | Sustaining Capital and Lease Related Costs (7)(8) | All-In Sustaining Costs | Ounces (000) Sold | All-In Sustaining Costs per Ounce (9) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Gold |  |  |  |  |  |  |  |  |  |  |
| Managed |  |  |  |  |  |  |  |  |  |  |
| Lihir | $213 | $3 | $5 | — | — | — | $26 | $247 | 145 | $1,707 |
| Cadia (10) | 74 | 1 | 1 | — | 18 | — | 55 | 149 | 48 | $3,151 |
| Tanami | 119 | 2 | 3 | — | — | — | 59 | 183 | 89 | $2,033 |
| Boddington | 199 | 7 | — | — | — | — | 45 | 251 | 155 | $1,622 |
| Ahafo South | 199 | 3 | 2 | — | — | — | 36 | 240 | 92 | $2,604 |
| Ahafo North | 85 | 1 | 4 | — | — | — | 10 | 100 | 67 | $1,485 |
| Merian | 104 | 2 | — | — | — | — | 24 | 130 | 74 | $1,780 |
| Cerro Negro | 81 | 2 | — | — | 11 | — | 26 | 120 | 51 | $2,338 |
| Yanacocha | 132 | 5 | 1 | — | 5 | — | 2 | 145 | 129 | $1,128 |
| Peñasquito | 71 | 5 | — | — | — | 1 | 10 | 87 | 34 | $2,589 |
| Red Chris | 19 | 1 | — | — | — | — | 5 | 25 | 12 | $2,118 |
| Brucejack | 96 | 1 | 5 | — | 1 | (1) | 22 | 124 | 57 | $2,156 |
| Non-managed |  |  |  |  |  |  |  |  |  |  |
| NGM | 357 | 5 | 7 | 2 | — | 3 | 65 | 439 | 242 | $1,805 |
| Corporate and Other (11) | — | — | 15 | 61 | 2 | — | (2) | 76 | — | — |
| Total Gold | 1,749 | 38 | 43 | 63 | 37 | 3 | 383 | 2,316 | 1,195 | $1,938 |
| Gold equivalent ounces - other metals (12)(13) |  |  |  |  |  |  |  |  |  |  |
| Cadia (10) | 48 | 1 | 1 | — | 11 | 1 | 37 | 99 | 29 | $3,400 |
| Boddington | 18 | 1 | — | — | — | (1) | 4 | 22 | 13 | $1,594 |
| Peñasquito (14) | 243 | 16 | — | 1 | — | 8 | 31 | 299 | 118 | $2,538 |
| Red Chris | 30 | 1 | 1 | — | — | (2) | 7 | 37 | 16 | $2,296 |
| Corporate and Other (11) | — | — | 3 | 10 | — | — | — | 13 | — | — |
| Total Gold Equivalent Ounces | 339 | 19 | 5 | 11 | 11 | 6 | 79 | 470 | 176 | $2,660 |
| Consolidated | $2,088 | $57 | $48 | $74 | $48 | $9 | $462 | $2,786 |  |  |

(1) Excludes Depreciation and amortization and Reclamation and remediation.

(2) Includes by-product credits of $130.

(3) Includes stockpile, leach pad, and product inventory adjustments of $14 at Cadia and $3 at NGM.

(4) Includes operating accretion of $34, included in Reclamation and remediation, and amortization of asset retirement costs of $23; excludes accretion and reclamation and remediation adjustments at former operating properties that have entered the closure phase and have no substantive future economic value of $41 and $6, respectively, included in Reclamation and remediation.

(5) Excludes development expenditures of $2 at Cadia, $2 at Boddington, $14 at Ahafo South, $8 at Merian, $6 at Cerro Negro, $2 at Yanacocha, $4 at Peñasquito, $1 at Red Chris, $8 at NGM, $21 at Corporate and Other, totaling $68 related to developing new operations or major projects at existing operations where these projects will materially benefit the operation.

(6) Excludes restructuring and severance of $12, impairment charges of $2, and settlement costs of $2 included in Other expense, net.

(7) Excludes capitalized interest related to sustaining capital expenditures. Refer to Liquidity and Capital Resources within Part I, Item 2, MD&A for capital expenditures by segment.

(8) Includes finance lease payments and other costs for sustaining projects of $24.

(9) Per ounce measures may not recalculate due to rounding.

(10) Production and cost metrics were impacted by the operational stoppage during the second quarter of 2026 due to the Cadia seismic event.

(11) Corporate and Other includes the Company's business activities relating to its corporate and regional offices and all equity method investments. Refer to Note 4 to the Condensed Consolidated Financial Statements for further information.

(12) Gold equivalent ounces is calculated as pounds or ounces produced multiplied by the ratio of the other metals price to the gold price, using Gold ($4,000/oz.), Copper ($5.00/lb.), Silver ($50.00/oz.), Lead ($0.90/lb.), and Zinc ($1.30/lb.) pricing for 2026.

(13) Cadia sold 11 thousand tonnes of copper, Boddington sold 5 thousand tonnes of copper, Peñasquito sold 6 million ounces of silver, 17 thousand tonnes of lead and 40 thousand tonnes of zinc, and Red Chris sold 6 thousand tonnes of copper.

(14) All-in sustaining costs at Peñasquito is comprised of $197, $20, and $82 for silver, lead, and zinc, respectively.

| Three Months Ended June 30, 2025 | Costs Applicable to Sales (1)(2)(3) | Reclamation Costs (4) | Advanced Projects, Research and Development and Exploration (5) | General and Administrative | Other Expense, Net (6) | Treatment and Refining Costs | Sustaining Capital and Lease Related Costs (7)(8) | All-In Sustaining Costs | Ounces (000) Sold | All-In Sustaining Costs per Ounce (9) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Gold |  |  |  |  |  |  |  |  |  |  |
| Managed |  |  |  |  |  |  |  |  |  |  |
| Lihir | $202 | $3 | $2 | — | — | — | $38 | $245 | 156 | $1,563 |
| Cadia | 88 | — | — | — | — | 1 | 32 | 121 | 109 | $1,109 |
| Tanami | 115 | 1 | 1 | — | — | — | 36 | 153 | 90 | $1,698 |
| Boddington | 169 | 6 | — | — | — | 1 | 24 | 200 | 140 | $1,422 |
| Ahafo South | 201 | 4 | 3 | — | 2 | — | 34 | 244 | 200 | $1,220 |
| Merian | 122 | 2 | 4 | — | — | — | 12 | 140 | 67 | $2,074 |
| Cerro Negro | 72 | 2 | — | — | — | — | 29 | 103 | 34 | $3,023 |
| Yanacocha | 119 | 15 | — | — | 16 | — | 4 | 154 | 136 | $1,144 |
| Peñasquito | 100 | 4 | — | — | — | 5 | 16 | 125 | 133 | $944 |
| Red Chris | 22 | — | — | — | — | — | 6 | 28 | 14 | $1,903 |
| Brucejack | 91 | 2 | 3 | — | — | — | 25 | 121 | 49 | $2,490 |
| Non-managed |  |  |  |  |  |  |  |  |  |  |
| NGM | 343 | 5 | 4 | 2 | 3 | 1 | 60 | 418 | 237 | $1,771 |
| Corporate and Other (10) | — | — | 17 | 78 | 10 | — | 2 | 107 | — | — |
| Divested (11) |  |  |  |  |  |  |  |  |  |  |
| Porcupine | 16 | 1 | — | — | 1 | — | 4 | 22 | 9 | $2,233 |
| Akyem | 17 | 1 | — | — | — | — | — | 18 | 6 | $3,145 |
| Total Gold | 1,677 | 46 | 34 | 80 | 32 | 8 | 322 | 2,199 | 1,380 | $1,593 |
| Gold equivalent ounces - other metals (12)(13) |  |  |  |  |  |  |  |  |  |  |
| Cadia | 82 | — | 1 | — | — | 1 | 31 | 115 | 107 | $1,082 |
| Boddington | 38 | — | — | — | — | — | 4 | 42 | 33 | $1,304 |
| Peñasquito (14) | 158 | 6 | — | — | — | 7 | 25 | 196 | 190 | $1,030 |
| Red Chris | 46 | 2 | — | — | — | (1) | 11 | 58 | 31 | $1,884 |
| Corporate and Other (10) | — | — | 5 | 15 | 2 | — | — | 22 | — | — |
| Total Gold Equivalent Ounces | 324 | 8 | 6 | 15 | 2 | 7 | 71 | 433 | 361 | $1,203 |
| Consolidated | $2,001 | $54 | $40 | $95 | $34 | $15 | $393 | $2,632 |  |  |

(1) Excludes Depreciation and amortization and Reclamation and remediation.

(2) Includes by-product credits of $74.

(3) Includes stockpile, leach pad, and product inventory adjustments of $10 at NGM.

(4) Includes operating accretion of $28, included in Reclamation and remediation, and amortization of asset retirement costs of $26; excludes accretion and reclamation and remediation adjustments at former operating properties that have entered the closure phase and have no substantive future economic value of $50 and $5, respectively, included in Reclamation and remediation.

(5) Excludes development expenditures of $3 at Cadia, $3 at Tanami, $12 at Ahafo South, $9 at Merian, $6 at Cerro Negro, $3 at Yanacocha, $4 at Peñasquito, $3 at Red Chris, $2 at NGM, $16 at Corporate and Other, totaling $61 related to developing new operations or major projects at existing operations where these projects will materially benefit the operation.

(6) Excludes restructuring and severance of $15, Newcrest transaction and integration costs of $(10), and impairment charges of $9; included in Other expense, net.

(7) Excludes capitalized interest related to sustaining capital expenditures. Refer to Liquidity and Capital Resources within Part I, Item 2, MD&A for capital expenditures by segment.

(8) Includes finance lease payments and other costs for sustaining projects of $19.

(9) Per ounce measures may not recalculate due to rounding.

(10) Corporate and Other includes the Company's business activities relating to its corporate and regional offices and all equity method investments. Refer to Note 4 to the Condensed Consolidated Financial Statements for further information.

(11) Refer to Note 3 to the Condensed Consolidated Financial Statements for information on the Company's divestitures.

(12) Gold equivalent ounces is calculated as pounds or ounces produced multiplied by the ratio of the other metals price to the gold price, using Gold ($1,700/oz.), Copper ($3.50/lb.), Silver ($20.00/oz.), Lead ($0.90/lb.) and Zinc ($1.20/lb.) pricing for 2025.

(13) For the three months ended June 30, 2025, Cadia sold 23 thousand tonnes of copper, Boddington sold 7 thousand tonnes of copper, Peñasquito sold 7 million ounces of silver, 23 thousand tonnes of lead and 56 thousand tonnes of zinc, and Red Chris sold 7 thousand tonnes of copper.

(14) All-in sustaining costs at Peñasquito is comprised of $76, $26, and $94 for silver, lead, and zinc, respectively.

| Six Months Ended June 30, 2026 | Costs Applicable to Sales (1)(2)(3) | Reclamation Costs (4) | Advanced Projects, Research and Development and Exploration (5) | General and Administrative | Other Expense, Net (6) | Treatment and Refining Costs | Sustaining Capital and Lease Related Costs (7)(8) | All-In Sustaining Costs | Ounces (000) Sold | All-In Sustaining Costs per Ounce (9) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Gold |  |  |  |  |  |  |  |  |  |  |
| Managed |  |  |  |  |  |  |  |  |  |  |
| Lihir | $389 | $7 | $7 | — | — | — | $51 | $454 | 262 | $1,735 |
| Cadia (10) | 175 | 2 | 3 | — | 18 | 2 | 107 | 307 | 144 | $2,136 |
| Tanami | 217 | 4 | 5 | — | — | — | 116 | 342 | 178 | $1,912 |
| Boddington | 336 | 13 | — | — | — | — | 79 | 428 | 252 | $1,700 |
| Ahafo South | 411 | 5 | 3 | — | — | — | 66 | 485 | 217 | $2,236 |
| Ahafo North | 160 | 2 | 5 | — | — | — | 21 | 188 | 130 | $1,448 |
| Merian | 215 | 4 | 1 | — | — | — | 39 | 259 | 158 | $1,648 |
| Cerro Negro | 147 | 4 | 1 | — | 12 | — | 44 | 208 | 107 | $1,937 |
| Yanacocha | 272 | 11 | 2 | — | 6 | — | 3 | 294 | 268 | $1,099 |
| Peñasquito | 139 | 10 | — | — | — | 5 | 18 | 172 | 91 | $1,900 |
| Red Chris | 41 | 3 | 1 | — | — | — | 8 | 53 | 25 | $2,114 |
| Brucejack | 194 | 3 | 8 | — | 1 | — | 38 | 244 | 114 | $2,131 |
| Non-managed |  |  |  |  |  |  |  |  |  |  |
| NGM | 663 | 10 | 11 | 5 | 2 | 4 | 125 | 820 | 481 | $1,701 |
| Corporate and Other (11) | — | — | 37 | 125 | 4 | — | 1 | 167 | — | — |
| Total Gold | 3,359 | 78 | 84 | 130 | 43 | 11 | 716 | 4,421 | 2,427 | $1,822 |
| Gold equivalent ounces - other metals (12)(13) |  |  |  |  |  |  |  |  |  |  |
| Cadia (10) | 109 | 1 | 2 | — | 11 | 3 | 69 | 195 | 88 | $2,210 |
| Boddington | 29 | 1 | — | — | — | (1) | 6 | 35 | 21 | $1,637 |
| Peñasquito (14) | 472 | 33 | — | 1 | — | 28 | 62 | 596 | 296 | $2,012 |
| Red Chris | 56 | 4 | 1 | — | — | (4) | 11 | 68 | 32 | $2,106 |
| Corporate and Other (11) | — | — | 7 | 22 | — | — | — | 29 | — | — |
| Total Gold Equivalent Ounces | 666 | 39 | 10 | 23 | 11 | 26 | 148 | 923 | 437 | $2,107 |
| Consolidated | $4,025 | $117 | $94 | $153 | $54 | $37 | $864 | $5,344 |  |  |

### ____________________________

(1) Excludes Depreciation and amortization and Reclamation and remediation.

(2) Includes by-product credits of $283.

(3) Includes stockpile, leach pad, and product inventory adjustments of $14 at Cadia and $3 at NGM.

(4) Includes operating accretion of $67, included in Reclamation and remediation, and amortization of asset retirement costs of $50; excludes accretion and reclamation and remediation adjustments at former operating properties that have entered the closure phase and have no substantive future economic value of $82 and $10, respectively, included in Reclamation and remediation.

(5) Excludes development expenditures of $6 at Cadia, $3 at Boddington, $22 at Ahafo South, $1 at Ahafo North, $13 at Merian, $10 at Cerro Negro, $4 at Yanacocha, $7 at Peñasquito, $2 at Red Chris, $13 at NGM, $37 at Corporate and Other, totaling $118 related to developing new operations or major projects at existing operations where these projects will materially benefit the operation.

(6) Excludes restructuring and severance of $18 and impairment charges of $11 included in Other expense, net.

(7) Excludes capitalized interest related to sustaining capital expenditures. Refer to Liquidity and Capital Resources within Part I, Item 2, MD&A for capital expenditures by segment.

(8) Includes finance lease payments and other costs for sustaining projects of $46.

(9) Per ounce measures may not recalculate due to rounding.

(10) Production and cost metrics were impacted by the operational stoppage during the second quarter of 2026 due to the Cadia seismic event.

(11) Corporate and Other includes the Company's business activities relating to its corporate and regional offices and all equity method investments. Refer to Note 4 to the Condensed Consolidated Financial Statements for further information.

(12) Gold equivalent ounces is calculated as pounds or ounces produced multiplied by the ratio of the other metals price to the gold price, using Gold ($4,000/oz.), Copper ($5.00/lb.), Silver ($50.00/oz.), Lead ($0.90/lb.), and Zinc ($1.30/lb.) pricing for 2026.

(13) Cadia sold 32 thousand tonnes of copper, Boddington sold 8 thousand tonnes of copper, Peñasquito sold 16 million ounces of silver, 45 thousand tonnes of lead and 98 thousand tonnes of zinc, and Red Chris sold 12 thousand tonnes of copper.

(14) All-in sustaining costs at Peñasquito is comprised of $385, $41, and $170 for silver, lead, and zinc, respectively.

| Six Months Ended June 30, 2025 | Costs Applicable to Sales (1)(2)(3) | Reclamation Costs (4) | Advanced Projects, Research and Development and Exploration (5) | General and Administrative | Other Expense, Net (6) | Treatment and Refining Costs | Sustaining Capital and Lease Related Costs (7)(8) | All-In Sustaining Costs | Ounces (000) Sold | All-In Sustaining Costs per Ounce (9) |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Gold |  |  |  |  |  |  |  |  |  |  |
| Managed |  |  |  |  |  |  |  |  |  |  |
| Lihir | $363 | $7 | $3 | — | — | — | $86 | $459 | 316 | $1,450 |
| Cadia | 165 | 1 | — | — | — | 3 | 68 | 237 | 207 | $1,144 |
| Tanami | 197 | 2 | 3 | — | — | — | 76 | 278 | 165 | $1,680 |
| Boddington | 336 | 11 | 1 | — | — | 2 | 58 | 408 | 275 | $1,482 |
| Ahafo South | 448 | 8 | 5 | — | 2 | — | 72 | 535 | 399 | $1,341 |
| Merian | 194 | 4 | 4 | — | — | — | 27 | 229 | 115 | $1,986 |
| Cerro Negro (10) | 150 | 4 | 1 | — | 1 | — | 55 | 211 | 72 | $2,936 |
| Yanacocha | 212 | 26 | — | — | 24 | — | 5 | 267 | 232 | $1,155 |
| Peñasquito | 206 | 8 | — | — | — | 13 | 27 | 254 | 251 | $1,013 |
| Red Chris | 38 | 1 | — | — | — | — | 8 | 47 | 29 | $1,611 |
| Brucejack | 174 | 3 | 5 | — | — | 1 | 41 | 224 | 95 | $2,363 |
| Non-managed |  |  |  |  |  |  |  |  |  |  |
| NGM | 651 | 9 | 5 | 5 | 3 | 3 | 130 | 806 | 453 | $1,780 |
| Corporate and Other (11) | — | — | 46 | 170 | 13 | — | 4 | 233 | — | — |
| Divested (12) |  |  |  |  |  |  |  |  |  |  |
| CC&V | 39 | 2 | — | — | — | — | 5 | 46 | 27 | $1,684 |
| Musselwhite | 33 | 1 | — | — | — | — | 14 | 48 | 32 | $1,531 |
| Porcupine | 79 | 3 | 1 | — | 1 | — | 25 | 109 | 60 | $1,810 |
| Éléonore | 54 | 1 | 2 | — | — | — | 12 | 69 | 49 | $1,403 |
| Akyem | 107 | 5 | — | — | — | — | 8 | 120 | 45 | $2,664 |
| Total Gold | 3,446 | 96 | 76 | 175 | 44 | 22 | 721 | 4,580 | 2,822 | $1,623 |
| Gold equivalent ounces - other metals (13)(14) |  |  |  |  |  |  |  |  |  |  |
| Cadia | 153 | 1 | 1 | — | — | 3 | 65 | 223 | 199 | $1,123 |
| Boddington | 76 | 1 | — | — | — | 1 | 12 | 90 | 65 | $1,396 |
| Peñasquito (15) | 351 | 12 | — | 1 | — | 35 | 49 | 448 | 402 | $1,114 |
| Red Chris | 81 | 3 | — | — | — | — | 17 | 101 | 63 | $1,605 |
| Corporate and Other (11) | — | — | 10 | 29 | 2 | — | — | 41 | — | — |
| Total Gold Equivalent Ounces | 661 | 17 | 11 | 30 | 2 | 39 | 143 | 903 | 729 | $1,239 |
| Consolidated | $4,107 | $113 | $87 | $205 | $46 | $61 | $864 | $5,483 |  |  |

### ____________________________

(1) Excludes Depreciation and amortization and Reclamation and remediation.

(2) Includes by-product credits of $138.

(3) Includes stockpile, leach pad, and product inventory adjustments of $3 at Cerro Negro and $25 at NGM.

(4) Includes operating accretion of $66, included in Reclamation and remediation, and amortization of asset retirement costs of $47; excludes accretion and reclamation and remediation adjustments at former operating properties that have entered the closure phase and have no substantive future economic value of $101 and $9, respectively, included in Reclamation and remediation.

(5) Excludes development expenditures of $3 at Cadia, $3 at Tanami, $2 at Boddington, $20 at Ahafo South, $16 at Merian, $10 at Cerro Negro, $4 at Yanacocha, $8 at Peñasquito, $5 at Red Chris, $3 at NGM, $32 at Corporate and Other, totaling $106 related to developing new operations or major projects at existing operations where these projects will materially benefit the operation.

(6) Excludes restructuring and severance of $24, impairment charges of $24, Newcrest transaction and integration costs of $(6), settlement costs of $3; included in Other expense, net.

(7) Excludes capitalized interest related to sustaining capital expenditures. Refer to Liquidity and Capital Resources within Part I, Item 2, MD&A for capital expenditures by segment.

(8) Includes finance lease payments and other costs for sustaining projects of $39.

(9) Per ounce measures may not recalculate due to rounding.

(10) During the first quarter of 2025, mining and processing operations at the site were temporarily suspended due to safety events. Full operations resumed in April 2025.

(11) Corporate and Other includes the Company's business activities relating to its corporate and regional offices and all equity method investments. Refer to Note 4 to the Condensed Consolidated Financial Statements for further information.

(12) Refer to Note 3 to the Condensed Consolidated Financial Statements for information on the Company's divestitures.

(13) Gold equivalent ounces is calculated as pounds or ounces produced multiplied by the ratio of the other metals price to the gold price, using Gold ($1,700/oz.), Copper ($3.50/lb.), Silver ($20.00/oz.), Lead ($0.90/lb.) and Zinc ($1.20/lb.) pricing for 2025.

(14) For the six months ended June 30, 2025, Cadia sold 44 thousand tonnes of copper, Boddington sold 14 thousand tonnes of copper, Peñasquito sold 13 million ounces of silver, 44 thousand tonnes of lead and 129 thousand tonnes of zinc, and Red Chris sold 14 thousand tonnes of copper.

(15) All-in sustaining costs at Peñasquito is comprised of $155, $51, and $242 for silver, lead, and zinc, respectively.

### Accounting Developments

For a discussion of Risks and Uncertainties and Recently Adopted and Recently Issued Accounting Pronouncements, refer to Note 2 to the Condensed Consolidated Financial Statements.

Refer to our Management’s Discussion and Analysis of Accounting Developments and Critical Accounting Estimates included in Part II, Item 7 of our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 19, 2026, for additional information on our critical accounting policies and estimates.

### Safe Harbor Statement

Certain statements contained in this report (including information incorporated by reference herein) are “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and are intended to be covered by the safe harbor provided for under these sections. Words such as “expect(s),” “feel(s),” “believe(s),” “will,” “may,” “anticipate(s),” “estimate(s),” “should,” “intend(s),” "target(s)," "plan(s)," "potential," and similar expressions are intended to identify forward-looking statements. Our forward-looking statements may include, without limitation:

- estimates regarding future earnings and the sensitivity of earnings to gold, copper, silver, lead, zinc and other metal prices;
- estimates of future mineral production and sales;
- estimates of future production costs, other expenses and taxes for specific operations and on a consolidated basis, including estimates of future costs applicable to sales and all-in sustaining costs;
- estimates of future cash flows and the sensitivity of cash flows to gold, copper, silver, lead, zinc and other metal prices;
- estimates of future capital expenditures, including development and sustaining capital, as well as construction or closure activities and other cash needs, for specific operations and on a consolidated basis, and expectations as to the funding or timing thereof;
- estimates as to the projected development of certain ore deposits or projects, such as the Tanami Expansion 2, Cerro Negro District Expansion 1, Cadia Panel Caves, Lihir Nearshore Barrier, Red Chris Block Cave and Wafi-Golpu, including without limitation expectations for the production, milling, costs applicable to sales, all-in sustaining costs, mine-life extension, the costs of such development and other capital costs, financing plans for these deposits and expected production commencement dates, construction completion dates and other timelines;
- estimates of reserves and resources statements regarding future exploration results and reserve and resource replacement and the sensitivity of reserves to metal price changes;
- statements regarding the availability of, and terms and costs related to, future borrowing or financing and expectations regarding future share repurchase transactions, debt repayments or debt tender transactions;
- statements regarding future cash flows and returns to stockholders, including with respect to future dividends and expected payout levels;
- estimates regarding future exploration expenditures and discoveries;
- statements regarding fluctuations in financial and currency markets;
- estimates regarding potential cost savings, productivity, operating performance and ownership and cost structures;
- expectations regarding statements on future or recently completed transactions and expectations regarding potential future transactions;
- estimates of future cost reductions, synergies, including pre-tax synergies, savings and efficiencies, and future cash flow enhancements through portfolio optimization, restructurings and cost savings initiatives;
- expectations of future equity and enterprise value;
- expectations regarding the start-up time, design, mine life, production and costs applicable to sales and exploration potential of our projects;
- statements regarding future hedge and derivative positions or modifications thereto;
- statements regarding local, community, political, economic or governmental conditions and environments;
- statements and expectations regarding the impacts of health and safety conditions;
- statements regarding the impacts of changes in the legal and regulatory environment in which we operate, including, without limitation, relating to regional, national, domestic and foreign laws;
- statements regarding expected changes in the tax regimes in which we operate, including, without limitation, estimates of future tax rates and estimates of the impacts to income tax expense, valuation of deferred tax assets and liabilities, and other financial impacts;
- estimates of income taxes and expectations relating to tax contingencies or tax audits;
- estimates of future costs, accruals for reclamation costs and other liabilities for certain environmental matters, including without limitation, in connection with water treatment, such as the Yanacocha water treatment plants, and tailings management;
- statements relating to potential impairments, revisions or write-offs, including without limitation, the result of fluctuation in metal prices, unexpected production or capital costs, or unrealized reserve potential;
- estimates of pension and other post-retirement costs;
- statements regarding estimates of timing of adoption of recent accounting pronouncements and expectations regarding future impacts to the financial statements resulting from accounting pronouncements; and
- estimates of future cost reductions, savings and efficiencies in connection with programs and cost saving initiatives.

Where we express an expectation or belief as to future events or results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, our forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by those forward-looking statements. Such risks include, but are not limited to:

- there being no significant change to current geotechnical, metallurgical, hydrogeological and other physical conditions;
- the price of gold, copper, silver, lead, zinc and other metal prices and commodities;
- the cost of operations and prices for key supplies;
- currency fluctuations, including exchange rate assumptions;
- other macroeconomic events impacting inflation, interest rates, supply chain, and capital markets;
- operating performance of equipment, processes and facilities;
- environmental impacts and geotechnical challenges including in connection with climate-related and other catastrophic events;
- labor relations;
- health and safety impacts including in connection with global events, pandemics, and epidemics;
- timing of receipt of necessary governmental and regulatory permits or approvals;
- domestic and foreign laws or regulations, particularly relating to the environment, mining and processing;
- changes in tax laws;
- geopolitical and global financial and economic developments, including in connection with developments in Middle East conflicts and other ongoing or escalating geopolitical tensions and military activity;
- political developments in any jurisdiction in which Newmont operates being consistent with its current expectations;
- our ability to obtain or maintain necessary financing; and
- other risks and hazards associated with mining operations.

More detailed information regarding these factors is included in the section titled Item 1, Business; Item 1A, Risk Factors in Part I of the Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 19, 2026, as well as elsewhere throughout this report. Many of these factors are beyond our ability to control or predict. Given these uncertainties, readers are cautioned not to place undue reliance on our forward-looking statements.

All subsequent written and oral forward-looking statements attributable to Newmont or to persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. We disclaim any intention or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

## Item 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK.  (dollars in millions, except per ounce and per pound amounts)

### Metal Prices

Changes in the market price of gold significantly affect our profitability and cash flow. Gold prices can fluctuate widely due to numerous factors, such as demand; forward selling by producers; central bank sales, purchases and lending; investor sentiment; the strength of the USD; inflation, deflation, or other general price instability; and global mine production levels. Changes in the market price of copper, silver, lead, and zinc also affect our profitability and cash flow. These metals are traded on established international exchanges and prices generally reflect market supply and demand but can also be influenced by speculative trading in the commodity or by currency exchange rates. The Company does not currently hold instruments that are designated to hedge against the potential impacts due to market price changes in metals. Consideration of these impacts are discussed below.

Decreases in the market price of metals can significantly affect the value of our product inventory, stockpiles and leach pads, and it may be necessary to record a write-down to the net realizable value, as well as significantly impact the carrying value of our long-lived assets and goodwill. Refer to Part II, Item 7 of our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 19, 2026, for information regarding the sensitivity of our impairment analyses over long-lived assets and goodwill to changes in metal prices.

Net realizable value represents the estimated future sales price based on short-term and long-term metals prices, less estimated costs to complete production and bring the product to sale. The primary factors that influence the need to record write-downs of our stockpiles, leach pads and product inventory include short-term and long-term metals prices and costs for production inputs such as labor, fuel and energy, materials and supplies as well as realized ore grades and recovery rates. The significant assumptions in determining the stockpile, leach pad and product inventory adjustments for each mine site reporting unit at June 30, 2026 included production cost and capitalized expenditure assumptions unique to each operation, and the following short-term and long-term assumptions:

| Line item | Short-Term | Long-Term |
| --- | --- | --- |
| Gold price (per ounce) | $4,506 | $3,000 |
| Copper price (per pound) | $6.05 | $4.25 |
| Silver price (per ounce) | $73.15 | $40.00 |
| Lead price (per pound) | $0.89 | $0.90 |
| Zinc price (per pound) | $1.57 | $1.25 |
| AUD to USD exchange rate | $0.71 | $0.72 |
| CAD to USD exchange rate | $0.72 | $0.75 |
| MXN to USD exchange rate | $0.06 | $0.06 |

The net realizable value measurement involves the use of estimates and assumptions unique to each mining operation regarding current and future operating and capital costs, metal recoveries, production levels, commodity prices, proven and probable reserve quantities, engineering data and other factors. A high degree of judgment is involved in determining such assumptions and estimates and no assurance can be given that actual results will not differ significantly from those estimates and assumptions.

### Commodity Price Exposure

Our provisional concentrate sales contain an embedded derivative that is required to be separated from the host contract for accounting purposes. The host contract is the receivable from the sale of the respective metal concentrates at the prevailing indices’ prices at the time of sale. The embedded derivative, which is not designated for hedge accounting, is marked-to-market through earnings each period prior to final settlement.

We perform an analysis to determine the potential impact of a 10% adverse change in the provisional pricing on concentrate sales subject to final pricing over the next several months on Net income (loss) attributable to Newmont stockholders. Refer below for our analysis as of June 30, 2026.

| Line item | Provisionally Priced Sales Subject to Final Pricing (1) | Average Provisional Price (per ounce/pound) | Effect of 10% change in Average Price (millions) | Market Closing Settlement Price (2)(per ounce/pound) |
| --- | --- | --- | --- | --- |
| Gold (ounces, in thousands) | 97 | $4,039 | $27 | $4,026 |
| Copper (pounds, in millions) | 50 | $6.07 | $21 | $6.05 |
| Silver (ounces, in millions) | 5 | $59.62 | $19 | $58.80 |
| Lead (pounds, in millions) | 39 | $0.84 | $2 | $0.84 |
| Zinc (pounds, in millions) | 80 | $1.62 | $8 | $1.62 |

(1) Includes provisionally priced by-product sales subject to final pricing, which are recognized as a reduction to Costs applicable to sales.

(2) The closing settlement price as of June 30, 2026 is determined utilizing the London Metal Exchange for copper, lead, and zinc and the London Bullion Market Association for gold and silver.

### Interest Rate Risk

We are subject to interest rate risk related to the fair value of our senior notes which is wholly comprised of fixed rates at June 30, 2026. For fixed rate debt, changes in interest rates generally affect the fair value of the debt instrument, but not our earnings or cash flows. The terms of our fixed rate debt obligations do not generally allow investors to demand payment of these obligations prior to maturity. Therefore, we do not have significant exposure to interest rate risk for our fixed rate debt; however, we do have exposure to potentially material fair value risk if we repurchase or exchange long-term debt prior to maturity. Refer to Note 10 to the Condensed Consolidated Financial Statements for further information pertaining to the fair value of our fixed rate debt.

### Foreign Currency Exchange Rates

The Company's global operations expose it to foreign currency exchange rates with the most significant being the Australian dollar. We have significant operations and/or assets in the United States, Papua New Guinea, Australia, Ghana, Suriname, Argentina, Dominican Republic, Chile, Peru, Ecuador, Mexico, and Canada. Foreign currency exchange rates can fluctuate widely due to numerous factors, such as supply and demand for foreign and U.S. currencies and U.S. and foreign country economic conditions. Our foreign operations sell their gold, copper, silver, lead, and zinc production based on USD metal prices. Therefore, fluctuations in foreign currency exchange rates do not have a material impact on our revenue. Despite selling gold and silver in London, we have no exposure to the euro or the British pound. Fluctuations in the local currency exchange rates in relation to the U.S. dollar can increase or decrease profit margins, cash flow, and Costs applicable to sales to the extent costs are paid in local currency at foreign operations.

For our foreign mining operations, we performed a sensitivity analysis to estimate the impact to Costs applicable to sales arising from a hypothetical 10% adverse movement of local currency exchange rates at June 30, 2026 in relation to the USD, with no mitigation assumed from our foreign currency cash flow hedges. The sensitivity analyses indicated that a hypothetical 10% adverse movement would result in an approximate $250 increase to Costs applicable to sales for the six months ended June 30, 2026.

### Hyperinflationary Economies

Hyperinflationary economies are defined by the International Monetary Fund as economies in which the projected three-year cumulative inflation exceeds 100%. At June 30, 2026, Argentina was the only hyperinflationary economy in which the Company held operations.

Our Cerro Negro mine is located in Argentina and is a USD functional currency entity. Beginning in 2020, Argentina’s central bank enacted a number of foreign currency controls in an effort to stabilize the local currency, including requiring the Company to convert USD proceeds from metal sales to local currency within 60 days from shipment date or 20 business days from receipt of cash, whichever happens first, as well as restricting payments to foreign-related entities denominated in foreign currency, such as dividends or distributions to the parent and related companies and royalties and other payments to foreign beneficiaries. These restrictions directly impact Cerro Negro's ability to repay intercompany debt to the Company. In the third quarter of 2024, certain restrictions were lifted or modified, allowing companies to repay intercompany debt in certain circumstances.

In April 2025, the IMF Executive Board approved a 48-month, $20 billion extended arrangement under the Extended Fund Facility for Argentina. Within the program objectives, the IMF expressly mentions transitioning toward exchange rate flexibility, while gradually lifting foreign currency restrictions. The new exchange rate regime allows the Argentine peso to float within a moving band of 1,000 to 1,400 pesos per USD, expanding by 1% monthly at both limits. From January 1, 2026, the floating exchange rate regime between bands will remain in effect, and the monthly rate of adjustment of the upper and lower limits of the exchange rate band will be determined according to the latest monthly inflation data reported by INDEC. The central bank can intervene if the band is breached and may operate in secondary peso markets within the band. This managed float led to an immediate devaluation of the Argentine Peso. Further, a series of foreign currency restrictions have been lifted, including allowing companies to transfer to their foreign shareholders profits and dividends corresponding to fiscal years that began on or after January 1, 2025, provided applicable requirements are met. We continue to monitor the foreign currency exposure risk and the evolution of currency controls, which are currently not expected to have a material impact on our financial statements.

As a result of Argentine foreign exchange controls, entities may access USD through a legal market mechanism commonly referred to as the Blue Chip Swap ("BCS"). In a BCS transaction, an entity purchases USD-denominated securities using Argentine pesos and subsequently sells those securities for USD, either in Argentina or outside Argentina following the transfer of the securities abroad. The resulting implicit exchange rate, referred to as the Blue Chip Swap rate, may differ significantly from Argentina's official exchange rate. In July 2026, the Company began entering into BCS transactions. Foreign currency exchange losses, if any, will be recognized in Other income (loss), net.

### Hedging

The Company's hedging instruments consisted of the Cadia Power Purchase Agreement ("Cadia PPA") and foreign currency cash flow hedges at June 30, 2026, which were transacted for risk management purposes. The Cadia PPA mitigates the variability in

future cash flows related to a portion of power purchases at the Cadia mine and the foreign currency cash flow hedges were entered into to mitigate variability in the USD functional cash flows related to the AUD- and CAD-denominated operating expenditures and AUD-denominated capital expenditures. By using hedges, we are affected by market risk, credit risk, and market liquidity risk. Refer to Note 11 to the Condensed Consolidated Financial Statements for further information on our hedging instruments.

### Market Risk

Market risk is the risk that the fair value of a derivative might be adversely affected by a change in commodity prices or currency exchange rates, and that this in turn affects our financial condition. We manage market risk by establishing and monitoring parameters that limit the types and degree of market risk that may be undertaken. We mitigate this potential risk to our financial condition by establishing trading agreements with counterparties under which we are not required to post any collateral or be subject to any margin calls on our derivatives. Our counterparties cannot require settlement solely because of an adverse change in the fair value of a derivative.

We have performed sensitivity analyses as of June 30, 2026 regarding the Cadia PPA and foreign currency cash flow hedges. For the Cadia PPA, we utilized a modeling technique that measures the change in the fair values arising from a hypothetical 10% adverse movement in the forward electricity rates relative to current rates, with all other variables held constant. For the foreign currency cash flow hedges, we utilized a modeling technique that measures the change in the fair values arising from a hypothetical 10% adverse movement in the AUD and CAD foreign currency exchange rates relative to the U.S. dollar, with all other variables held constant. The foreign currency exchange rates we used in performing the sensitivity analysis were based on AUD and CAD market rates in effect at June 30, 2026.

The sensitivity analyses indicated that a hypothetical 10% adverse movement would result in an approximate decrease in the fair value of the Cadia PPA cash flow hedge and the foreign currency cash flow hedges of $35 and $95 at June 30, 2026, respectively.

### Credit Risk

Credit risk is the risk that a third party might fail to fulfill its performance obligations under the terms of a financial instrument. We mitigate credit risk by entering into derivatives with high credit quality counterparties, limiting the amount of exposure to each counterparty and monitoring the financial condition of the counterparties.

### Market Liquidity Risk

Market liquidity risk is the risk that a derivative cannot be eliminated quickly, by either liquidating it or by establishing an offsetting position. Under the terms of our trading agreements, counterparties cannot require us to immediately settle outstanding derivatives, except upon the occurrence of customary events of default such as covenant breaches, including financial covenants, insolvency or bankruptcy. We further mitigate market liquidity risk by spreading out the maturity of our derivatives over time.

## ITEM 4. CONTROLS AND PROCEDURES.

The Company’s management, with the participation of the Chief Executive Officer and Chief Financial Officer of the Company, carried out an evaluation of the effectiveness of the design and operation of the Company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) as of June 30, 2026, the end of the period covered by this report. Based on such evaluation, the Company’s Chief Executive Officer and Chief Financial Officer have concluded that, as of June 30, 2026, the Company’s disclosure controls and procedures are effective to ensure information required to be disclosed by the Company in reports it files or submits under the Exchange Act is recorded, processed, summarized and reported within the required time periods and are designed to ensure that information required to be disclosed in its reports is accumulated and communicated to the Company’s management, including the Chief Executive Officer and Chief Financial Officer, as appropriate to allow timely decisions regarding required disclosure.

Subject to the above, there were no changes in the Company’s internal control over financial reporting that occurred during the three months ended June 30, 2026, that have materially affected, or are reasonably likely to materially affect, our internal controls over financial reporting.

### PART II—OTHER INFORMATION

## ITEM 1. LEGAL PROCEEDINGS.

Information regarding legal proceedings is contained in Note 17 to the Condensed Consolidated Financial Statements contained in this report and is incorporated herein by reference.

## ITEM 1A. RISK FACTORS.

There were no material changes from the risk factors set forth under Part I, Business; Item 1A, Risk Factors in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025, as filed with the SEC on February 19, 2026, and under Part II, Other Information; Item 1A, Risk Factors in our Quarterly Report on Form 10-Q for the period ended March 31, 2026, as filed with the SEC on April 23, 2026, other than as set forth below.

The risks described in our Annual Report on Form 10-K for the fiscal year ended December 31, 2025 and our Quarterly Report on Form 10-Q for the period ended March 31, 2026 are not the only risks facing us. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial may also materially adversely affect our business, financial condition, cash flows and/or future results.

### Our operations and projects at Ahafo South and Ahafo North in Ghana are subject to political, economic, regulatory and other risks.

Newmont operates in Ghana pursuant to a Revised Investment Agreement ratified by Ghana's Parliament in 2015, which established a fixed fiscal and legal regime, including fixed royalty and tax rates, for Newmont operations in Ghana. The tenure of the Revised Investment Agreement is linked to the mining leases, which are set to expire in 2031. The financial and tax stability periods established by such agreement expired on December 31, 2025, resulting in the loss of certain tax advantages and tax protections. Following the expiration of these protections, our Ghanaian operations are increasingly exposed to changes in applicable tax, royalty, fiscal, regulatory and other governmental requirements. Upcoming regulatory changes in the mining law, royalties and local content requirements may create additional exposures for the future.

Following volatile socioeconomic conditions in recent years, the Government of Ghana continues to be under pressure for more revenue generation, keeping in place levies such as the Growth and Sustainability Levy, introduced in 2023 and amended in 2026, and VAT on electricity. The Government of Ghana has also implemented and proposed a number of measures that could materially affect mining companies operating in the country. These include a recently adopted sliding-scale mineral royalty framework under which royalty rates will increase from the historical 5% rate to as high as 12%, depending on prevailing gold prices, and proposed amendments to Ghana's Minerals and Mining Act that would shorten the duration of new mining leases and lease renewals, modify exploration licensing requirements, require direct community development agreements with host communities, enhance local participation requirements, create additional local oversight mechanisms in the licensing process, and potentially reduce or eliminate certain fiscal stability protections available to mining companies. Although the timing, scope, implementation and ultimate form of these measures remain uncertain, their adoption could increase operating costs, capital requirements and regulatory burdens, reduce investment certainty, shorten mine planning horizons, adversely affect future lease renewals and otherwise negatively impact the economics of our Ghana operations.

The Government has also continued efforts to increase oversight and control of gold marketing and export activities, including through the establishment of the Ghana Gold Board ("GoldBod"). While GoldBod is principally focused on artisanal and small-scale mining production, evolving regulations, administrative requirements, export controls, foreign exchange rules, local banking requirements and other regulatory actions may affect gold sales (including requirements to sell up to 30% of gold production from our operations in Ghana to the GoldBod in exchange for Ghanaian cedis), exports, transportation logistics, working capital requirements and the timing of revenue recognition. For additional information refer to the risk factor under the heading “Increased exposure to foreign exchange fluctuations and capital controls may adversely affect Newmont’s costs, earnings and the value of some of our assets” included in Part I, Business; Item 1A, Risk Factors, in the Company's Form 10-K for the fiscal year ended December 31, 2025, as filed with the SEC on February 19, 2026. In July 2026, a shipment of doré produced from our Ghana operations was prevented from leaving Ghana pending engagement with relevant regulatory authorities. Prolonged delays, restrictions or changes to export and sales arrangements could adversely affect revenue timing, cash flows, working capital requirements, contractual sales commitments and operating results. For additional information refer to the risk factor under the heading “Our operations and projects are subject to risks of doing business in multiple jurisdictions” included in Part I, Business; Item 1A, Risk Factors, in the Company's Form 10-K for the fiscal year ended December 31, 2025, as filed with the SEC on February 19, 2026.

Other risks include impacts to supply chain, restrictions and local procurement requirements under local content regulations. In January 2025, the Minerals Commission published the sixth edition of the Local Procurement List, which includes a prohibition on mining by mining lease holders and requiring surface mining operations to be outsourced to companies with 100% Ghanaian stockholders and directors and underground operations to be outsourced to companies with 50% Ghanaian stockholders and directors. The Ghana Chamber of Mines, of which Newmont is a member, is reviewing the list and continues to engage the government to revise its position on this prohibition on owner mining. Additionally, there is a risk of increases in key commodity prices, more restrictive local banking, foreign exchange and cash management requirements, including requirements to maintain, repatriate or transact proceeds

through banks domiciled in Ghana, limitations on the availability or capacity of local banks to provide reclamation bonds or other financial assurances, requests for additional local employment, ownership or participation requirements, requests for contract renegotiation and increases in contract rates and other operating costs. The government may grant artisanal mining rights or alternative mining rights, such as sand and gravel, in locations in which the Company has tenure rights, but no active operations, impacting the Company's non-operational land positions. Economic setbacks, political developments, anti-mining sentiment, increasing expectations regarding local participation in the mining sector, and friction between mining operators and artisanal and small-scale miners may contribute to community unrest, encroachment, illegal mining activities, permitting delays, operational disruptions or other conflicts that could adversely affect our operations in Ghana.

## Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

### ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS. (in millions, except share and per share data)

_(a)

- (b)
- (c)
- (d)_

| Period | Total Number of Shares Purchased (1) | Average Price Paid Per Share (1) | Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (2) | Maximum Dollar Value of Shares that may yet be Purchased under the Plans or Programs (2) |
| --- | --- | --- | --- | --- |
| April 1, 2026 through April 30, 2026 | 4,863,780 | $114.72 | 4,862,478 | $5,998 |
| May 1, 2026 through May 31, 2026 | 4,429,863 | $111.50 | 4,411,884 | $5,506 |
| June 1, 2026 through June 30, 2026 | 5,084,735 | $101.61 | 5,083,815 | $4,989 |

(1) The total number of shares purchased (and the average price paid per share) reflects: (i) shares purchased pursuant to the repurchase programs described in (2) below; and (ii) shares delivered to the Company from stock awards held by employees upon vesting for the purpose of covering the recipients’ tax withholding obligations, totaling 1,302 shares, 17,979 shares, and 920 shares for the fiscal months of April, May, and June 2026, respectively. Subsequent to the end of the covered period, the Company repurchased 6,472,040 additional shares at an average price of $93.94 per share pursuant to a Rule 10b5-1 plan for a total amount of $7,617 repurchased as of the date of filing under the stock repurchase programs described in (2) below.

(2) The Company completed its previously announced share repurchase program during the second quarter of 2026. In April 2026, the Board of Directors authorized an additional $6,000 stock repurchase program to repurchase shares of outstanding common stock. The program will be executed at the Company's discretion. The repurchase program has no expiration date, may be discontinued at any time, and the program does not obligate the Company to acquire any specific number of shares of its common stock or to repurchase the full authorized amount. Consequently, the Board of Directors may revise or terminate such share repurchase authorization in the future.

## ITEM 3. DEFAULTS UPON SENIOR SECURITIES.

None.

## ITEM 4. MINE SAFETY DISCLOSURES.

Not applicable.

## ITEM 5. OTHER INFORMATION.

### Rule 10b5-1 Trading Plans

Our directors and executive officers may purchase or sell shares of our common stock in the market from time to time, including pursuant to equity trading plans adopted in accordance with Rule 10b5-1 under the Exchange Act and in compliance with guidelines specified by the Company’s stock trading standard, which was filed as Exhibit 19 to the Company's annual report on Form 10-K for the year ended December 31, 2025. In accordance with Rule 10b5-1 and the Company’s stock trading standard, directors, officers and certain employees who, at such time, are not in possession of material non-public information about the Company are permitted to enter into written plans that pre-establish amounts, prices and dates (or formula for determining the amounts, prices and dates) of future purchases or sales of the Company’s stock, including shares acquired pursuant to the Company’s employee and director equity plans. Under the Company’s stock trading standard, the first trade made pursuant to a Rule 10b5-1 trading plan may take place no earlier than 90 days after adoption of the trading plan. Under a Rule 10b5-1 trading plan, a broker executes trades pursuant to parameters established by the director or executive officer when entering into the plan, without further direction from them. The use of these trading plans permits asset diversification as well as financial and tax planning. Our directors and executive officers also may buy or sell additional shares outside of a Rule 10b5-1 plan when they are not in possession of material nonpublic information, subject to compliance with SEC rules, the terms of our stock trading standard and holding requirements. During the three months ended June 30, 2026, no Section 16 directors adopted, amended, or terminated existing Rule 10b5-1 trading plans.

## ITEM 6. EXHIBITS.

| Line item | Description |
| --- | --- |
| - | 2026 Form of Award Agreement used to grant restricted stock units to Section 16 officers, pursuant to Registrant's 2020 Stock Incentive Plan, filed herewith. |
| - | Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
| - | Certification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. |
| - | Certification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
| - | Certification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of 2002. |
| - | XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. |
| - | Inline XBRL Taxonomy Extension Schema Document. |
| - | Inline XBRL Taxonomy Extension Calculation Linkbase Document. |
| - | Inline XBRL Taxonomy Extension Definition Linkbase Document. |
| - | Inline XBRL Taxonomy Extension Label Linkbase Document. |
| - | Inline XBRL Taxonomy Extension Presentation Linkbase Document. |
| - | Cover Page Interactive Data File (embedded within the XBRL document contained in Exhibit 101) |

### ____________________________

*Filed or furnished herewith.

**Submitted electronically herewith.

†Management contract or compensatory plan or arrangement.

### SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

NEWMONT CORPORATION

(Registrant)

Date: July 23, 2026 /s/ BRIAN C. TABOLT

Brian C. Tabolt

Executive Vice President, Chief Financial Officer

(Principal Financial Officer)

Date: July 23, 2026 /s/ JOSHUA L. CAGE

Joshua L. Cage

Chief Accounting Officer and Controller

(Principal Accounting Officer)

---

## EX-10.1

SEC source: [ex101rsuagreement2026.htm](https://www.sec.gov/Archives/edgar/data/1164727/000116472726000036/ex101rsuagreement2026.htm)

![Slide 1](<ex101rsuagreement2026001.jpg>)

> **Source slide transcript**
>
> EXHIBIT 10.1 NEWMONT CORPORATION 2020 STOCK INCENTIVE COMPENSATION PLAN 2026 RESTRICTED STOCK UNIT AGREEMENT This Restricted Stock Unit Agreement, including any country-specific terms and conditions set forth in Appendix 1 hereto (the “Agreement”), dated [
>
> - ], 2026 is made between Newmont Corporation (“Newmont”) and the “Employee,” as specified in the Employee’s Grant Summary and Grant Acknowledgment (collectively, the “Grant Acknowledgment”). The Grant Acknowledgment is set forth on the Fidelity online employee portal. The Grant Acknowledgment is incorporated by reference herein. This Agreement shall be deemed executed by the Employee upon their electronic execution of the Grant Acknowledgment. All capitalized terms shall have the meaning set forth in Section 10 of the Agreement. 1. Award of Restricted Stock Units. Newmont grants the Employee the right to vest in the number of Restricted Stock Units (the “RSUs”) specified in the Grant Acknowledgment (as restated in Appendix 2). These RSUs are granted pursuant to the terms and subject to the conditions and restrictions set forth in this Agreement, the Grant Acknowledgment, and the Plan and each such RSU granted represents an unfunded right to receive one Share. 2. Vesting Period. The RSUs shall vest on the dates specified in the vesting schedule in the Grant Acknowledgement (as restated in Appendix 2) (each, a “Vesting Date”), provided a Termination of Service does not occur prior to the applicable Vesting Date, unless otherwise provided in this Agreement. 3. Termination of Service. The RSUs shall vest as stated below, instead of according to the vesting provisions in Section 2, upon a Termination of Service prior to a Vesting Date under the specific circumstances described in Sections 3.A. through 3.C. A. Termination of Service for death, disability, and following a Change in Control. If the Employee either (1) dies or (2) experiences a Termination of Service (a) by reason of disability (as determined under the terms of any applicable long-term disability plan of Newmont) or (b) that entitles the Employee to benefits under a Change in Control Plan, the outstanding RSUs subject to this Agreement shall become fully vested and nonforfeitable, as of the date of the Employee’s death or Termination of Service. B. Termination of Service under a Severance Plan of Newmont or Upon Entitlement to Severance Benefits. Upon a Termination of Service without Cause (or circumstances constituting Cause as determined in the sole discretion of the Company) entitling the Employee to: (1) severance benefits under a Severance Plan, or (2) separation benefits for an involuntary termination, the Employee shall vest in a pro-rata percentage of the RSUs as determined in Section 3.B.(i) and (ii) below, as applicable, subject, in each case, to the Employee’s delivery of an effective (non-revoked, if applicable) waiver and release agreement. Any RSUs that do not vest pursuant to this provision shall immediately terminate upon the Termination of Service and be automatically and unconditionally forfeited. (i) If clause (1) of Section 3.B. applies, the pro-rata percentage shall be based on the formula set forth in the Severance Plan (which may be identical to the formula set forth in Section 3.B.(ii) below). (ii) If clause (2) of Section 3.B. applies, the pro-rate percentage shall be determined in accordance with the following formula: - 2 - RSUs vested = Total RSUs Covered by This Agreement X Days Elapsed From Date of Grant to Date of Termination of Service - Prior Vestings 10951 (iii) If the Employee is entitled to vesting acceleration under Section 3.B., and also satisfies the definitional requirements of Retirement, the RSUs shall vest in accordance with Section 3.C. below and not under Section 3.B. C. Retirement. If the Employee’s Termination of Service is due to Retirement, the RSUs shall vest as set forth below. (i) If the Employee retires within 365 days from the Grant Date, a pro-rata percentage of the RSUs shall vest as of the date of the Termination of Service in accordance with the following formula, and the RSUs that do not vest shall immediately terminate and be automatically and unconditionally forfeited. RSUs vested = Total RSUs Covered by This Agreement X Days Elapsed From Date of Grant to Date of Termination of Service 10951 (ii) If the Employee retires more than 365 days after the Grant Date, the RSUs shall continue to vest in accordance with the schedule set forth in Section 2 above, despite the Employee’s Termination of Service. D. Other Terminations. Upon a Termination of Service under any other circumstances not outlined in Sections 3.A. through 3.C., including a voluntary resignation that is not a Retirement, any unvested RSUs shall immediately terminate and be automatically and unconditionally forfeited as of the Termination of Service date. E. Discretion to Apply Termination Vesting Provisions. If Newmont determines that any provision in this Section 3 may be found to be unlawful, discriminatory or against public policy in any relevant jurisdiction, then Newmont, in its sole discretion, may choose not to apply such provision to the RSUs. 1 For leap years, the denominator is 1096. - 3 - 4. No Stockholder Rights Prior to Issuance of Shares; Dividend Equivalents. A. No Stockholder Rights. The Employee shall not have any rights as a stockholder of Newmont with respect to the Shares underlying the RSUs, including but not limited to, the right to vote with respect to such Shares, until the Shares have been issued to the Employee and transferred on the books and records of Newmont. B. Dividend Equivalents. Upon the issuance of Shares to the Employee in settlement of the vested RSUs, the Employee shall also be entitled to a cash payment equal to any dividends paid from the Grant Date until the settlement date with respect to any Shares underlying the RSUs that are issued. 5. Withholding Taxes. A. The Employee acknowledges that the ultimate liability for all Tax-Related Items is and remains the Employee’s responsibility, regardless of any action taken by Newmont or, if different, the Employer. B. The Employee further acknowledges that Newmont and/or the Employer (1) make no representations or undertakings regarding the treatment of any Tax-Related Items in connection with any aspect of the RSUs or the underlying Shares, including but not limited to, the grant, vesting or settlement of the RSUs, the subsequent sale of Shares acquired pursuant to such settlement and the receipt of any dividends and/or any dividend equivalents; and (2) do not commit to and is not obligated to structure the terms of the grant or any aspect of the RSUs to reduce or eliminate the Employee’s liability for Tax- Related Items or achieve any particular tax result for the Employee. Further, if the Employee is subject to Tax-Related Items in more than one jurisdiction, the Employee acknowledges that Newmont and/or the Employer (or former employer, as applicable) may be required to withhold or account for Tax-Related Items in more than one jurisdiction. C. Prior to any relevant taxable or tax withholding event, as applicable, the Employee agrees to make adequate arrangements satisfactory to Newmont and/or the Employer to satisfy all Tax- Related Items. D. The Employee authorizes Newmont or its agent to satisfy any applicable withholding obligations with regard to all Tax-Related Items by withholding a number of whole Shares from the Shares that are issued upon settlement of the RSUs. If Newmont determines in its sole discretion that withholding in Shares is not permissible or advisable under applicable local law or due to adverse accounting consequences, Newmont may satisfy its obligations for Tax-Related Items by one or a combination of the following: (i) withholding from the Employee’s wages or other cash compensation paid to the Employee by Newmont and/or the Employer; (ii) withholding from proceeds of the sale of Shares acquired upon vesting/settlement of the RSUs, either through a voluntary sale or through a mandatory sale arranged by Newmont (on the Employee’s behalf pursuant to this authorization); or (iii) any other method of withholding determined by the Committee and permitted under the Plan and applicable laws. - 4 - E. Newmont may withhold or account for Tax-Related Items by considering applicable minimum statutory withholding rates or other applicable withholding rates in the Employee’s jurisdiction(s), including maximum applicable rates, to the extent permitted by the Plan. In the event of over-withholding, the Employee may receive a refund of any over-withheld amount in cash (with no entitlement to the equivalent in Common Stock) or if not refunded, the Employee may need to seek a refund from the local tax authorities. In the event of under-withholding, the Employee may be required to pay any additional Tax-Related Items directly to the applicable tax authority or to Newmont and/or the Employer. If the obligation for Tax-Related Items is satisfied by withholding in Shares, for tax purposes, the Employee is deemed to have been issued the full number of Shares subject to the vested RSUs, notwithstanding that a number of the Shares are held back solely for the purpose of paying the Tax-Related Items. F. Finally, the Employee agrees to pay to Newmont or the Employer, any amount of Tax-Related Items that Newmont or the Employer may be required to withhold or account for as a result of their participation in the Plan that cannot be satisfied by the means previously described. Newmont may refuse to issue or deliver the Shares or the proceeds of the sale of Shares, if the Employee fails to comply with their obligations in connection with the Tax-Related Items. 6. Delivery of Shares; Payment of Dividend Equivalents. A. As soon as reasonably practicable, but in any event within 60 days, following the Vesting Date or vesting event, as applicable, pursuant to Section 2 or 3, the number of RSUs that become vested shall be settled in Shares. In addition, Dividend Equivalents, if any, shall be settled within 30 days of the date that the RSUs are settled. B. Notwithstanding the foregoing, if the Employee is a U.S. taxpayer and the RSUs are considered non-qualified deferred compensation subject to Section 409A as determined in the sole discretion of Newmont, RSUs that are no longer subject to a substantial risk of forfeiture, as determined in accordance with Section 409A, shall be settled on the earliest to occur of (1) the Vesting Date described in Section 2 or 3, (2) the Employee’s “Disability” meeting the definitional requirements of Section 409A, (3) the Employee’s death, (4) “change in control event” within the meaning of U.S. Treas. Reg. § 1.409A- 3(i)(5) (a “Change in Control Event”), and (5) a “separation from service” within the meaning of Section 409A of the Code (a “Separation from Service”) that occurs following a Change in Control Event. Notwithstanding the foregoing to the contrary, if the settlement of the RSUs is contingent on the Employee’s delivery of an effective (non-revoked, if appliable) waiver and release agreement, and the permitted time period for the Employee to deliver such effective (and non-revoked) waiver and release agreement spans two calendar years, the RSUs shall be settled in the second of the two calendar years. If, however, the Employee is a “specified employee” within the meaning of Section 409A on the date the Employee experiences a Separation from Service, then the RSUs shall instead be settled on the first business day of the seventh month following the Employee’s Separation from Service, to the extent such delayed payment is required to avoid a prohibited distribution under Section 409A. Each issuance upon settlement of the RSUs under this Agreement is intended to constitute a separate payment for purposes of Treasury Regulation Section 1.409A-2(b)(2). 7. Nontransferability. The Employee’s interest in the RSUs and any Shares relating thereto may not be sold, transferred, pledged, assigned, encumbered or otherwise alienated or hypothecated otherwise than by will or by the laws of descent and distribution, prior to such time as the Shares have actually been issued and delivered to the Employee. The Agreement shall be binding upon and shall inure

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![Slide 2](<ex101rsuagreement2026002.jpg>)

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> - 5 - to the benefit of the parties hereto and their respective successors and permitted assigns, including, in the case of the Employee, their estate, heirs, executors, legatees, administrators, designated beneficiary and personal representatives. Nothing contained in this Agreement shall be deemed to prevent transfer of the RSUs in the event of the Employee’s death in accordance with Section 12(b) of the Plan. 8. Acknowledgements. The Employee acknowledges receipt of and understands and agrees to the terms of this Agreement and the Plan. The Employee further understands, acknowledges and agrees to the following: A. The Plan and the Plan prospectus are available for review on Fidelity.com, and the Employee agrees to be bound by all of the terms and provisions in this Agreement, including any terms and provisions of the Plan adopted after the date of this Agreement but prior to the completion of the vesting period. If and to the extent that any provision contained in this Agreement is inconsistent with the Plan, the Plan shall govern. B. The grant of RSUs under the Plan at one time does not in any way obligate Newmont or its Affiliates to grant additional RSUs in any future year or in any given amount. C. The grant of RSUs and the Employee’s participation in the Plan shall not create a right to employment or be interpreted as forming or amending an employment or service contract with Newmont and shall not interfere with the ability of the Employer to terminate the Employee’s employment or service relationship (if any). D. The RSUs should in no event be considered as compensation for, or relating in any way to, past services for Newmont, the Employer or any Affiliate. E. The Employee further acknowledges and understands that the Employee’s participation in the Plan is voluntary and that the RSUs and any future RSUs under the Plan are wholly discretionary in nature, the value of which do not form part of any normal or expected compensation for any purposes, including but not limited to, calculating any termination, severance, resignation, redundancy, end of service payments, bonuses, holiday pay, long-service awards, pension or retirement benefits or similar mandatory payments, other than to the extent required by local law. F. The Employee acknowledges and understands that the future value of the Shares acquired by the Employee under the Plan is unknown and cannot be predicted with certainty and that no claim or entitlement to compensation or damages arises from the (1) forfeiture of the RSUs resulting from termination of service (for any reason whatsoever and whether or not in breach of local labor laws and whether or not later found to be invalid) or (2) forfeiture of the RSUs or recoupment of any Shares, cash or other benefits acquired pursuant to the RSUs resulting from the application of the “Clawback/Recoupment/Disgorgement” provision of the Agreement. G. The Employee acknowledges and understands that the RSUs and the Shares subject to the RSUs, and the income and value of the same, are not intended to replace any pension rights or compensation. H. The Employee acknowledges for the purposes of the RSUs: (1) their employment shall be considered terminated as of the date they are no longer actively providing services to Newmont, the Employer or any Affiliate (regardless of the reason for such termination and whether or not later found to be invalid or in breach of employment laws in the jurisdiction where the Employee is employed or the terms of their employment agreement, if any) and (2) unless otherwise expressly provided in this - 6 - Agreement or determined by Newmont, the Employee’s period of employment shall not be extended by any notice period (e.g., the Employee’s period of service would not include any contractual notice period or any period of “garden leave” or similar period mandated under employment laws in the jurisdiction where the Employee is employed or the terms of their employment agreement, if any). The Committee shall have the exclusive discretion to determine when the Employee is no longer actively providing services for purposes of their RSU grant (including whether the Employee may still be considered to be providing services while on a leave of absence). I. The Employee acknowledges and understands that unless otherwise agreed with Newmont, the RSUs and the Shares subject to the RSUs, and the income and value of the same, are not granted as consideration for, or in connection with the service they may provide as a director of an Affiliate of Newmont. J. As of the date of this Agreement, the Grant Acknowledgement, this Agreement, and the Plan set forth the entire understanding between the Employee and Newmont regarding the acquisition of Shares underlying the RSUs in Newmont and supersede all prior oral and written agreements pertaining to the RSUs. K. Newmont has reserved the right to amend or terminate the Plan at any time. L. If the Employee is employed outside the United States: (i) The Employee acknowledges and understands that the RSUs and the Shares subject to the RSUs and the income and value of the same, are not part of normal or expected compensation salary for any purpose. (ii) The Employee acknowledges and understands that neither Newmont, the Employer nor any other Affiliate of Newmont shall be liable for any foreign exchange rate fluctuation between their local currency and the United States Dollar that may affect the value of the RSUs or of any amounts due to the Employee pursuant to the settlement of the RSUs or the subsequent sale of any Shares acquired upon settlement. 9. Miscellaneous. A. No Right to Continued Employment. Neither the grant of the RSUs nor any terms contained in this Agreement, Grant Acknowledgement or the Plan shall confer upon the Employee any express or implied right to continued employment by Newmont or any Affiliate, nor restrict in any way the right of Newmont or any Affiliate to terminate the employment of the Employee at any time with or without Cause. The Employee acknowledges and agrees that any right to receive delivery of Shares is earned only by continuing as an employee, and satisfaction of any other applicable terms and conditions contained in this Agreement, the Grant Acknowledgement, and the Plan. B. Compliance with Laws and Regulations. The award of the RSUs to the Employee and the obligation of Newmont to deliver Shares hereunder shall be subject to (1) all applicable federal, state, local and non-U.S. laws, rules and regulations, and (2) any registration, qualification, approvals or other requirements imposed by any government or regulatory agency or body which Newmont shall, in its sole discretion, determine to be necessary or applicable. Moreover, Shares shall not be delivered if such delivery would be contrary to applicable law or the rules of any stock exchange, as determined in the sole discretion of Newmont. - 7 - C. Notices. Any notice or other important information Newmont sends to the Employee shall be in writing and delivered in person, by electronic means or by mail or courier at the last known address or email address in Newmont’s records. D. Severability. If any of the provisions of this Agreement should be deemed unenforceable, the remaining provisions shall remain in full force and effect. E. Governing Law and Venue. Except as to matters concerning the issuance of Shares or other matters of corporate governance, which shall be determined, and related RSU provisions construed, under the General Corporation Law of the State of Delaware, this Agreement shall be governed by the laws of the State of Colorado without giving effect to any conflict or choice of law rule or principle that might otherwise refer construction or interpretation of the Agreement to the substantive law of another jurisdiction. The parties hereto submit to the exclusive jurisdiction and venue of the federal or state courts of Colorado to resolve any and all issues that may arise out of or relate to this Agreement or the Plan, and the Employee waives any defense to such governing law and venue, including but not limited to, any defense based on subject matter or personal jurisdiction. F. Section 409A. This Section 9.F. applies if the Employee is a U.S. Taxpayer. The terms of the RSUs and payments made pursuant to this Agreement are intended to qualify for an exemption from or comply with the provisions of Section 409A, and the Agreement and the Plan shall be interpreted, operated, and administered in a manner that is consistent with this intent. In furtherance of this intent, the Committee may, but is not required, adopt amendments to this Agreement and/or Plan or adopt other policies and procedures (including amendments, policies, and procedures with retroactive effect), or take any other actions, in each case, without the consent of the Employee, that the Committee determines are reasonably necessary or appropriate to comply with the requirements of Section 409A. In that light, Newmont and Employer, if different, make no representation or covenant to ensure that the RSUs that are intended to be exempt from, or compliant with, Section 409A or that the Committee shall take any action with respect thereto. Nothing in the Agreement shall provide a basis for any person to take action against Newmont or any affiliate, based on matters covered by Section 409A, including the tax treatment of any Shares or other payments made under the RSUs granted under this Agreement, and neither Newmont nor any of its Affiliates shall have any liability to the Employee or their estate or any other party for any taxes, penalties or interest due on amounts paid or payable under the Agreement including any taxes, penalties or interest imposed under Section 409A. G. No Advice Regarding RSUs. Neither Newmont, nor any Affiliate, is providing any tax, legal, or financial advice, nor are they making any recommendations regarding the Employee’s participation in the Plan, or their acquisition or sale of the underlying Shares. The Employee should consult with their own personal tax, legal, and financial advisors regarding their participation in the Plan before taking any action related to the Plan. H. Appendix 1. Notwithstanding any provisions in this Agreement, the award of RSUs shall be subject to any terms and conditions set forth in Appendix 1 to this Agreement for the Employee’s country. Moreover, if the Employee relocates to, or becomes a resident of, one of the countries included in Appendix 1, the terms and conditions for such country shall apply to the Employee, to the extent Newmont determines that the application of such terms and conditions is necessary or advisable for legal or administrative reasons. Appendix 1 constitutes part of this Agreement. I. Imposition of Other Requirements. Newmont reserves the right to impose other requirements on the Employee’s participation in the Plan, on the RSUs and on any Shares acquired under - 8 - the Plan, to the extent Newmont determines that it is necessary or advisable for legal or administrative reasons, and to require the Employee to sign any additional agreements or undertakings that may be necessary to accomplish these additional requirements. J. Clawback/Recoupment/Disgorgement. As an additional condition of receiving the RSUs, the Employee agrees that the RSUs, whether vested or unvested, the Shares, cash, or other benefits acquired pursuant to the RSUs (and any proceeds therefrom), or a combination of or all of the foregoing, may be subject to clawback, recoupment, and/or disgorgement to the extent required (1) under any and all of Newmont’s clawback, recoupment, and/or disgorgement policies, including but not limited to, the Newmont Corporation Clawback Policy, as they may be unilaterally amended or adopted from time to time or (2) under applicable laws, regulations or stock exchange listing standards (collectively, the “Clawback/Recoupment/Disgorgement Requirement”). To satisfy any obligation arising under the Clawback/Recoupment/Disgorgement Requirement, among other things, the Employee expressly and explicitly authorizes Newmont to issue instructions, on the Employee’s behalf, to any brokerage firm and/or third party administrator engaged by Newmont to hold any Shares or other amounts acquired pursuant to the RSUs to re-convey, transfer, or otherwise return such Shares and/or other amounts to Newmont upon Newmont’s enforcement of the Clawback/Recoupment/Disgorgement Requirement. No recovery of compensation as described in this Section 9.J. shall be an event giving rise to the Employee’s right to resign for “good reason” or “constructive termination” (or similar term) under any plan of, or agreement with, Newmont or any Affiliate. This Clawback/Recoupment/Disgorgement Requirement includes, but is not limited to, Newmont’s right to require reimbursement of any RSUs from the Employee if the Employee is terminated (or could have been terminated) for Cause. K. Right of Offset. To the extent permitted by applicable law, Newmont or an Employer may, in its sole discretion, apply any RSUs otherwise due and payable under this Agreement against debts of the Employee to Newmont or an Affiliate. The Employee hereby consents to the reduction of any compensation paid to the Employee by Newmont or an Employer to the extent the Employee receives an overpayment from this Agreement. L. Waiver. The Employee acknowledges that a waiver by Newmont of breach of any provision of this Agreement shall not operate or be construed as a waiver of any other provision of this Agreement, or of any subsequent breach of this Agreement. M. Electronic Delivery and Acceptance. Newmont may, in its sole discretion, decide to deliver any documents related to current or future participation in the Plan by electronic means. The Employee consents to receive such documents by electronic delivery and agrees to participate in the Plan through an online or electronic system established and maintained by Newmont or a third party designated by Newmont. 10. Definitions. As a general principle, any terms defined below that are also defined in the Plan shall have the same general meaning as set forth in the Plan except that they may have been modified to remove terms and concepts not applicable under the Agreement and/or refined to reflect specific terms applicable to the Agreement. Please refer to the applicable term in the Plan for the complete definition.

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![Slide 3](<ex101rsuagreement2026003.jpg>)

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> - 9 - A. “Affiliate” means (1) any Subsidiary; (2) any person that directly or indirectly controls, is controlled by or is under common control with Newmont; and/or (3) to the extent provided by the Committee, any person in which Newmont has a significant interest. The term “control” (including, with correlative meaning, the terms “controlled by” and “under common control with”), as applied to any person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such person, whether through the ownership of voting or other securities, by contract or otherwise. For purposes of this definition, “Subsidiary” means any present or future corporation which is or would be a “subsidiary corporation” of Newmont as the term is defined in Section 424(f) of the Code. B. “Agreement” shall have the meaning assigned to it in the first paragraph of the Agreement. C. “Cause” shall have the meaning assigned to it in the Plan and is determined by the Committee in its sole discretion; however, for the convenience of the Employee the salient terms are described below: (i) the willful and continued failure of the Employee to perform substantially the Employee’s duties with Newmont or any Affiliate (other than any such failure resulting from incapacity due to physical or mental illness) or the Employee’s failure to follow policies, directions or Newmont’s or an Affiliate’s code of conduct, after a written demand for substantial performance is delivered to the Employee by Newmont; or (ii) the Employee engaging in illegal conduct or gross negligence or willful misconduct which is potentially injurious to Newmont or any Affiliate; provided that if the Employee acts in accordance with an authorized written opinion of Newmont’s or an Affiliate’s legal counsel, such action shall not constitute “Cause” under this definition; or (iii) any dishonest or fraudulent activity by the Employee or the reasonable belief by Newmont of the Employee’s breach of any contract, agreement, or representation with Newmont or an Affiliate. The Committee has up six (6) months following the Employee’s Termination of Service to determine if such Termination of Service could have been for Cause and, if such a determination is made after the Employee’s Termination of Service, the Employee shall be required to disgorge to Newmont all amounts received under the Plan, this Agreement or otherwise that would not have been payable to such Employee had initial Termination of Service been for Cause. D. “Change in Control Plan” shall mean the Executive Change of Control Plan of Newmont or the Change of Control Plan of Newmont. E. “Change in Control Event” shall have the meaning assigned to it in Section 6.B. F. “Clawback/Recoupment/Disgorgement Requirement” shall have the meaning assigned to it in Section 9.J. - 10 - G. “Code” shall mean the U.S. Internal Revenue Code of 1986, as it may be amended from time to time, including rules and regulations promulgated thereunder and successor provisions and rules and regulations thereto. H. “Committee” shall mean the Leadership Development and Compensation Committee of the Board of Directors or a subcommittee thereof, or such other committee designated by the Board to administer the Plan. I. “Dividend Equivalent” shall mean a right to receive the equivalent value (in cash or Shares) of ordinary dividends that would otherwise be paid on the Shares subject to an RSU but that have not been issued or delivered. J. “Grant Acknowledgement” shall have the meaning assigned to it in the first paragraph of the Agreement. K. “Grant Date” shall mean the later of (1) the date on which the Committee (or its designee) by resolution, written consent or other appropriate action selects the Employee to receive a grant of RSUs, determines the number of Shares or other amount to be subject to such RSUs or (2) the date designated as the “Grant Date” by the Committee by resolution, written consent or other appropriate action in connection with the approval of RSUs. L. “Employee” shall have the meaning assigned to it in the first paragraph of the Agreement. M. “Employer” shall mean the Affiliate that employs the Employee. N. “Newmont” shall have the meaning assigned to it in the first paragraph of the Agreement. O. “Plan” shall mean the Newmont Corporation 2020 Stock Incentive Compensation Plan, as amended from time to time. P. “Restricted Stock Units” or “RSUs” shall mean an unfunded and unsecured promise to deliver Shares or cash, subject to the applicable vesting schedule. Q. “Retirement” shall mean a Termination of Service after: (1) attaining at least age 55; (2) having at least 5 years of Continuous Employment; and (3) reaching a total of at least 65 when adding the Employee’s age plus years of Continuous Employment. This definition may differ from the definition of “retirement” in other benefit plans, such as pension plans of Newmont, and this definition shall not alter those definitions. For purposes of this definition, “Continuous Employment” means continuous employment with Newmont and/or any Affiliate as reflected in the records of Newmont or an Affiliate. For the avoidance of doubt, a period of Continuous Employment does not need to correspond to the Employee’s most recent period of employment with Newmont or an Affiliate since the last rehire date. R. “Section 409A” shall mean Code Section 409A and the guidance promulgated thereunder. - 11 - S. “Separation from Service” shall have the meaning assigned to it in Section 6.B. T. “Severance Plan” shall mean the Severance Plan for Salaried Employees of Newmont or the Severance Plan for Section 16 Officers of Newmont. U. “Share” shall mean the $1.60 par value common stock of Newmont. In the event of any adjustment pursuant to Section 4(c) of the Plan, the stock or security resulting from such adjustment shall be deemed to be a Share within the meaning of the Plan. V. “Tax-Related Items” shall mean any income tax, social insurance, payroll tax, fringe benefits tax, payment on account, or other tax-related items arising from the Employee’s participation in the Plan that are legally required and may also include any other charges that Newmont or the Employer, in its sole discretion, consider appropriate to pass on to the Employee even if legally applicable to Newmont or the Employer. W. “Termination of Service” shall have the meaning assigned to it in the Plan and generally means the termination of the Employee’s employment with, or performance of services for, the Company or any Affiliate under any circumstances, as determined by the Committee, but also address the treatment of leaves of absence, change in service status and transfers of employment between the Company and Affiliates (and between Affiliates) on the status of the Employee’s employment with the Company and/or Affiliates. X. “Vesting Date” shall have the meaning assigned to it in Section 2 of this Agreement. IN WITNESS WHEREOF, pursuant to the Employee’s Grant Acknowledgement (including without limitation, the Terms and Conditions section hereof), incorporated herein by reference, and electronically executed by the Employee, the Employee agrees to the terms and conditions of this Agreement. - 12 - APPENDIX 1 NEWMONT CORPORATION 2020 STOCK INCENTIVE COMPENSATION PLAN 2026 RESTRICTED STOCK UNIT AGREEMENT Unless otherwise provided below, capitalized terms used but not explicitly defined in this Appendix 1 shall have the same definitions as in the Plan and/or the Agreement (as applicable). The terms and conditions in Part A apply to all Employees outside the United States. The country-specific terms and conditions in Part B shall also apply to the Employee if they reside in one of the countries listed below. Terms and Conditions This Appendix 1 includes additional country-specific terms and conditions that govern the Employee’s RSUs if they reside and/or work in one of the countries listed herein. If the Employee is a resident of a country other than the one in which they currently reside and/or work, or if the Employee relocate to another country after the RSUs are granted, or if the Employee is considered a resident of another country for local law purposes, the terms and conditions of the RSUs contained herein may not be applicable to the Employee, and Newmont shall, in its discretion, determine to what extent the terms and conditions contained herein shall apply to the Employee. Notifications This Appendix 1 also includes information regarding certain issues of which the Employee should be aware with respect to their participation in the Plan. The information is based on the securities, exchange control and other laws in effect in the respective countries as of February 2026. Such laws are often complex and change frequently. As a result, the Employee should not rely on the information in this Appendix 1 as the only source of information relating to the consequences of their participation in the Plan because the information may be out of date at the time that the Employee’s RSUs vest or they sell Shares acquired under the Plan. In addition, the information contained herein is general in nature and may not apply to the Employee’s particular situation, and Newmont is not in a position to assure the Employee of a particular result. Accordingly, the Employee should seek appropriate professional advice as to how the relevant laws in their country may apply to their situation. Finally, if the Employee (1) is a resident of a country other than the one in which they currently reside and/or work, (2) transfers employment after the RSUs are granted, or (3) is considered a resident of another country for local law purposes, the information contained herein may not apply to the Employee.

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![Slide 4](<ex101rsuagreement2026004.jpg>)

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> - 13 - A. ALL NON-U.S. COUNTRIES TERMS AND CONDITIONS The following additional terms and conditions shall apply to the Employee if they reside in any country outside the United States. 1. Data Privacy Information and Consent. Newmont headquarters is located at 6900 E. Layton Ave., Suite 700, Denver, Colorado 80237, U.S.A., and grants awards to employees of Newmont and its Affiliates, at Newmont’s sole discretion. If the Employee would like to participate in the Plan, please review the following information about Newmont’s data processing practices and declare the Employee’s consent. (a) Data Collection and Usage. Newmont collects, processes and uses personal data of the Employees, including name, home address, email address and telephone number, date of birth, social insurance number or other identification number, salary, citizenship, job title, any Shares or directorships held in Newmont, and details of all awards or other entitlements to Shares, granted, canceled, exercised, vested, unvested or outstanding in the Employee’s favor (“Data”), which Newmont receives from the Employee or the Employer. In connection with the grant of the RSU, Newmont shall collect the Employee’s Data for purposes of administering the Employee’s participation in the Plan. Newmont’s legal basis for the processing of the Employee’s Data, where required, is the Employee’s consent. (b) Stock Plan Administration Service Providers. Newmont transfers Data to Fidelity Investments, an independent service provider based in the United States, which assists Newmont with the implementation, administration and management of the Plan. In the future, Newmont may select a different service provider and share the Employee’s Data with another company that serves in a similar manner. Newmont’s service provider shall open an account for the Employee to receive Shares. The Employee may be asked to agree on separate terms and data processing practices with the service provider, which is a condition to the Employee’s ability to participate in the Plan. (c) International Data Transfers. Newmont and its service providers are based in the United States. If the Employee is outside the United States, the Employee should note that their country has enacted data privacy laws that are different from those in the United States. Newmont’s legal basis for the transfer of the Employee’s Data is their consent. (d) Data Retention. Newmont shall use the Employee’s Data only as long as is necessary to implement, administer and manage the Employee’s participation in the Plan or as required to comply with legal or regulatory obligations, including under tax, exchange control, labor and security laws. This period may extend beyond the Employee’s period of employment with the Employer. When Newmont or the Employer no longer need Data for any of the above purposes, they shall cease processing it in this context and remove it from all of their systems used for such purposes to the fullest extent practicable. (e) Voluntariness and Consequences of Denial or Withdrawal. The Employee’s participation in the Plan and the Employee’s grant of consent are purely voluntary. The Employee may deny or withdraw their consent at any time. If the Employee does not consent, or if the Employee withdraws their consent, the Employee cannot participate in the Plan. This would not affect the Employee’s salary as an employee or their career; the Employee would merely forfeit the opportunities associated with the Plan. - 14 - (f) Data Subject Rights. The Employee has a number of rights under data privacy laws in their country. Depending on where the Employee is based, the Employee’s rights may include the right to (1) request access or copies of Data Newmont processes, (2) rectification of incorrect Data, (3) deletion of Data, (4) restrict the processing of Data, (5) restrict the portability of Data, (6) lodge complaints with the competent tax authorities in the Employee’s country, and/or (7) receive a list with the names and addresses of any potential recipients of Data. To receive clarification regarding the Employee’s rights or to exercise the Employee’s rights please contact Newmont at Newmont Corporation, 6900 E. Layton Ave., Suite 700, Denver, Colorado 80237 U.S.A., attention: Director of Compensation, Newmont Corporate. If the Employee agrees with the data processing practices as described in this notice, please declare the Employee’s consent by clicking “Accept” on the Fidelity award acceptance page. 2. Language. The Employee acknowledges that they are sufficiently proficient in English, or, alternatively, the Employee acknowledges that they shall seek appropriate assistance, to understand the terms and conditions in the Agreement. Furthermore, if the Employee received this Agreement or any other document related to the Plan translated into a language other than English and if the meaning of the translated versions is different than the English version, the English version shall control unless otherwise required by applicable law. 3. Insider-Trading/Market-Abuse Laws. The Employee acknowledges that, depending on their country or broker’s country, or the country in which Common Stock is listed, they may be subject to insider trading restrictions and/or market abuse laws in applicable jurisdictions, which may affect their ability to accept, acquire, sell or attempt to sell, or otherwise dispose of the Shares, rights to Shares (e.g., RSUs) or rights linked to the value of Common Stock, during such times as the Employee is considered to have “inside information” regarding Newmont (as defined by the laws or regulations in applicable jurisdictions, including the United States and the Employee’s country). Local insider trading laws and regulations may prohibit the cancellation or amendment of orders that the Employee placed before possessing inside information. Furthermore, the Employee may be prohibited from (1) disclosing insider information to any third party, including fellow employees and (2) “tipping” third parties or causing them to otherwise buy or sell securities. Any restrictions under these laws or regulations are separate from and in addition to any restrictions that may be imposed under any applicable Newmont insider trading policy. The Employee acknowledges that it is their responsibility to comply with any applicable restrictions, and the Employee should speak to their personal advisor on this matter. 4. Foreign Asset/Account Reporting Requirements. The Employee acknowledges that there may be certain foreign asset and/or account reporting requirements that may affect their ability to acquire or hold the Shares acquired under the Plan or cash received from participating in the Plan (including from any dividends paid on the Shares acquired under the Plan) in a brokerage or bank account outside their country. The Employee may be required to report such accounts, assets or transactions to the tax or other authorities in their country. The Employee also may be required to repatriate sale proceeds or other funds received as a result of participating in the Plan to their country through a designated bank or broker within a certain time after receipt. The Employee acknowledges that it is their responsibility to be compliant with such regulations, and they should speak to their personal advisor on this matter. - 15 - 5. General. Notwithstanding the provisions of the Agreement, if Newmont or the Employer develops a good faith belief that any provision may be found to be unlawful, discriminatory or against public policy in any relevant jurisdiction, then Newmont in its sole discretion may choose not to apply such provision to the RSU, nor any RSU grant in the Employee’s jurisdiction. B. COUNTRY-SPECIFIC ADDITIONAL TERMS AND CONDITIONS ARGENTINA Notifications Securities Law Information. Neither the RSUs nor the underlying Shares are publicly issued, placed, distributed, offered, registered or listed on any stock exchange or capital market in Argentina and, as a result, have not been and shall not be registered with the Argentine Securities Commission (Comisión Nacional de Valores). Neither this Agreement nor any other offering material related to the RSUs nor the underlying Shares shall be utilized in connection with any general offering to the public in Argentina. Argentine residents who acquire RSUs under the Plan do so under their own responsibility according to the terms of a private offering made from outside Argentina. Any Argentine resident who acquires Shares shall not transfer such Shares to any person within six (6) months of acquiring the Shares, unless the transaction is concluded outside Argentina and the Shares are not sold back to the Company. Accordingly, the transfer restriction should not apply if Shares are sold on the New York Stock Exchange. Exchange Control Information. It is the Employee’s responsibility to comply with any and all Argentinian currency exchange restrictions, approvals, and reporting requirements in connection with the RSUs. Foreign Asset / Account Reporting Notification. If the Employee is an Argentinian tax resident, the Employee must report any Shares acquired under the Plan and held by the Employee on December 31st of each year on their annual tax return for that year. AUSTRALIA Notifications Securities Law Information. The offer of RSUs is being made under Division 1A, Part 7.12 of the Australian Corporations Act 2001 (Cth). Tax Information. The Plan is a plan to which Subdivision 83A-C of the Income Tax Assessment Act 1997 (Cth) applies (subject to the conditions in the Act). Exchange Control Information. Exchange control reporting is required for cash transactions exceeding A$10,000 and international fund transfers. The Australian bank assisting with the transaction shall file the report. If there is no Australian bank involved in the transfer, the Employee shall be required to file the report. CANADA Terms and Conditions Acknowledgements. Sections 8.E and 8.F of the Agreement apply, except as explicitly and minimally required under applicable legislation. - 16 - Vesting/Termination. The following provision supplements Section 3 of the Agreement and replaces Section 8.H of the Agreement: For purposes of the Agreement, except as otherwise provided for in Section 3 of the Agreement or to the extent explicitly and minimally required under applicable legislation, in the event the Employee ceases their employment or service relationship with Newmont or Employer (for any reason whatsoever and whether or not later found to be invalid or in breach of local labor laws), the Employee’s right to vest in the RSUs shall terminate as of the date that is the earliest of: (a) the date the Employee’s employment with the Employer is terminated for any reason; and (b) the date the Employee receives written notice of termination from the Employer; regardless of any period during which notice, pay in lieu of notice or related payments or damages are provided or required to be provided under local law. For greater certainty, the Employee shall not earn or be entitled to any pro-rated vesting for that portion of time before the date on which their right to vest terminates, nor shall the Employee be entitled to any compensation for lost vesting. Notwithstanding the foregoing, if applicable employment standards legislation explicitly requires continued vesting or other participation during a statutory notice period, the Employee’s right to vest in the RSUs, if any, or otherwise participate in or benefit from the RSUs, shall terminate effective as of the last date of the minimum statutory notice period. For clarity, the Employee shall not earn or be entitled to pro-rated vesting or other participation if the Vesting Date or vesting event falls after the end of the statutory notice period, nor shall the Employee be entitled to any compensation for lost vesting or other participation. The following provisions apply if the Employee is a resident of Quebec: French Language Documents. A French translation of certain documents related to the Plan shall be made available to the Employee as soon as reasonably practicable. Notwithstanding the provisions of Section 3 of Part A of this Appendix 1, to the extent required by applicable law and unless the Employee indicates otherwise, the French translation of such documents shall govern the Employee’s participation in the Plan. Documents en Langue Française. Une traduction française de certains documents relatifs au Plan sera mise à la disposition du Employee dès que cela sera raisonnablement possible. Nonobstant les dispositions de l’article 3 de la Partie A de la présente Annexe, dans la mesure requise par la loi applicable et à moins que l’Employee n’indique le contraire, la traduction française de ces documents régira la participation du Employee au Plan. Data Privacy. The following provision supplements Section 1 of Part A of this Appendix 1: The Employee hereby authorizes Newmont and its representatives to discuss with and obtain all relevant information from all personnel, professional or not, involved in the administration and operation of the Plan. The Employee further authorizes Newmont, any parent or Affiliate and any stock plan service provider that may be selected by Newmont to assist with the Plan to disclose and discuss the Plan with their respective advisors. The Employee further authorizes Newmont and any parent or Affiliate to record such information and to keep such information in the Employee’s employee file. The Employee acknowledges and agrees that their personal information, including sensitive personal information, may be transferred or disclosed outside of the province of Quebec, including to the United States. Finally, the Employee acknowledges and authorizes Newmont and other parties involved in the administration of the

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![Slide 5](<ex101rsuagreement2026005.jpg>)

> **Source slide transcript**
>
> - 17 - Plan to use technology for profiling purposes and to make automated decisions that may have an impact on the Employee or the administration of the Plan. Notifications Securities Law Information. The Employee is permitted to sell Shares acquired through the Plan through the designated broker appointed under the Plan, if any, provided the resale of Shares acquired under the Plan takes place outside Canada through the facilities of a stock exchange on which the Shares are listed on the New York Stock Exchange. Foreign Asset/Account Reporting Information. Canadian residents are required to report foreign specified property, including Shares and rights to receive Shares (e.g., RSUs), on form T1135 (Foreign Income Verification Statement) if the total cost of the foreign specified property exceeds C$100,000 at any time during the year. RSUs must be reported (generally, at a nil cost) if the C$100,000 cost threshold is exceeded because of other foreign specified property held by the Employee. When Shares are acquired, their cost generally is the adjusted cost base (“ACB”) of the Shares. The ACB would ordinarily equal the fair market value of the Shares at the time of acquisition, but if the Employee owns other Shares, this ACB may have to be averaged with the ACB of the other Shares. CHILE Notifications Securities Law Information. The award of RSUs constitutes a private offering of securities in Chile effective as of the date of grant, and is expressly subject to general ruling N° 336 of the Chilean Commission for the Financial Market (“CMF”). The award of RSUs refers to securities not registered at the securities registry or at the foreign securities registry of the CMF, and, therefore, such securities are not subject to oversight of the CMF. Given that the Shares underlying the RSUs are not registered in Chile, Newmont is not required to provide public information about the RSUs or the Shares in Chile. Unless the RSUs and/or the Shares are registered with the CMF, a public offering of such securities cannot be made in Chile. Foreign Asset/Account Reporting Information. The CIRS requires all taxpayers to provide information annually regarding (1) the results of investments held abroad and (2) any taxes paid abroad which the taxpayers shall use as credit against Chilean income tax. The sworn statements disclosing this information (or Formularios) must be reported on Form 1929 and submitted electronically through the CIRS website (www.sii.cl) before July 1 of each year, depending on the assets and/or taxes being reported. If the Employee fails to meet the above requirements, the Employee may be ineligible to receive certain foreign tax credits. Given that these requirements are subject to change, the Employee should consult with their personal tax advisor to determine the Employee’s reporting obligations to the CIRS. Exchange Control Information. The Employee may receive foreign currency abroad as a result of the acquisition of Shares and freely decide whether to repatriate such currency to Chile or keep it abroad. However, if the Employee repatriates currency, and such amounts exceed USD 10,000, the proceeds must be remitted using the formal exchange market. It is not necessary to convert the repatriated funds into Chilean currency. Given that these requirements are subject to change, the Employee should consult with their personal advisor to determine the Employee’s obligations. - 18 - COSTA RICA There are no country-specific provisions. FIJI There are no country-specific provisions. GHANA There are no country-specific provisions. INDONESIA Language Consent. By accepting the RSUs, the Employee (1) confirms having read and understood the documents relating to this grant (i.e., the Plan and the Agreement) which were provided in the English language, (2) accepts the terms of those documents accordingly, and (3) agrees not to challenge the validity of this document based on Law No. 24 of 2009 on National Flag, Language, Coat of Arms and National Anthem or the implementing Presidential Regulation (when issued). Persetujuan Bahasa. Dengan menerima pemberian Unit Saham Terbatas (RSUs) ini, Karyawan (1) memberikan konfirmasi bahwa dirinya telah membaca dan memahami dokumen-dokumen berkaitan dengan pemberian ini (yaitu, Perjanjian Penghargaan dan Program) yang disediakan dalam Bahasa Inggris, (2) menerima persyaratan di dalam dokumen-dokumen tersebut, dan (3) setuju untuk tidak mengajukan keberatan atas keberlakuan dari dokumen ini berdasarkan Undang-Undang No. 24 Tahun 2009 tentang Bendera, Bahasa dan Lambang Negara serta Lagu Kebangsaan ataupun Peraturan Presiden sebagai pelaksanaannya (ketika diterbitkan) Exchange Control Information. If the Employee remits funds (including proceeds from the sale of Shares) into Indonesia, the Indonesian bank through which the transaction is made shall submit a report of the transaction to Bank Indonesia for statistical reporting purposes. For transactions in excess of a certain threshold, a more detailed description of the transaction must be included in the report and the Employee may be required to provide information about the transaction (e.g., the Employee’s relationship with the transferor of the funds, the source of the funds, etc.) to the bank in order for the bank to complete the report. In addition, the Employee may be required to provide the Bank Indonesia with information on foreign exchange activities, which may include Shares held outside Indonesia, on a monthly basis. The reporting should be completed online through Bank Indonesia’s website, by no later than the 15th day of the following month. MEXICO Terms and Conditions Plan Document Acknowledgement. By accepting the RSUs, the Employee acknowledges that they have received a copy of the Plan, the Grant Acknowledgement, and the Agreement, including this Appendix 1, which the Employee has reviewed. The Employee acknowledges further that they accept all the provisions of the Plan, the Grant Acknowledgement, and the Agreement, including this Appendix 1. The Employee also acknowledges that they have read and specifically and expressly approve the terms and conditions set forth in Section 8 of the Agreement, which clearly provides as follows: - 19 - (1) the Employee’s participation in the Plan does not constitute an acquired right; (2) The Plan and the Employee’s participation in it are offered by Newmont on a wholly discretionary basis; (3) the Employee’s participation in the Plan is voluntary; and (4) Newmont and its Affiliates are not responsible for any decrease in the value of any Shares acquired at vesting and settlement of the RSUs. Labor Law Policy and Acknowledgment. By accepting the RSUs, the Employee expressly recognizes that Newmont, with registered offices at 6900 E. Layton Ave., Suite 700, Denver, Colorado 80237, U.S.A., is solely responsible for the administration of the Plan and that the Employee’s participation in the Plan and acquisition of Shares do not constitute an employment relationship between the Employee and Newmont since the Employee is participating in the Plan on a wholly commercial basis and their sole employer is Newmont’s Affiliate in Mexico (“Newmont Mexico”). Based on the foregoing, the Employee expressly recognizes that the Plan and the benefits that they may derive from participating in the Plan do not establish any rights between the Employee and the employer, Newmont Mexico, and do not form part of the employment conditions and/or benefits provided by Newmont Mexico, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Employee’s employment. The Employee further understands that their participation in the Plan is as a result of a unilateral and discretionary decision of Newmont; therefore, Newmont reserves the absolute right to amend and/or discontinue the Employee’s participation at any time without any liability to the Employee. Finally, the Employee hereby declares that they do not reserve to themself any action or right to bring any claim against Newmont for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and the Employee therefore grants a full and broad release to Newmont, and its subsidiaries, branches, representative offices, stockholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise. Spanish Translation Reconocimiento del Documento del Plan Al aceptar las Unidades de Acciones Restringidas (RSUs, por sus siglas en inglés), el Empleado reconoce que ha recibido una copia del Plan, el Reconocimiento de la Subvención y el Acuerdo, con inclusión de este Apéndice, que el Empleado ha revisado. El Empleado reconoce, además, que acepta todas las disposiciones del Plan, el Reconocimiento de la Subvención, y en el Acuerdo, incluyendo este Apéndice. El Empleado también reconoce que ha leído y que concretamente aprueba de forma expresa los términos y condiciones establecidos la Sección 8 del Acuerdo, que claramente dispone lo siguiente: (1) La participación del Empleado en el Plan no constituye un derecho adquirido; (2) El Plan y la participación del Empleado en el Plan se ofrecen por Newmont en su discrecionalidad total; - 20 - (3) Que la participación del Empleado en el Plan es voluntaria; y (4) Newmont y sus Subsidiarias no son responsables de ninguna disminución en el valor de las acciones adquiridas al conferir las RSUs. Política Laboral y Reconocimiento Al aceptar las RSUs, el Empleado expresamente reconoce que Newmont, con sus oficinas registradas y ubicadas en 6900 E. Layton Ave., Suite 700, Denver, Colorado 80237, U.S.A., es la única responsable por la administración del Plan y que la participación del Empleado en el Plan y en su caso la adquisición de Acciones no constituyen una relación de trabajo entre el Empleado y Newmont, ya que el Empleado participa en el Plan en un marco totalmente comercial y su único patrón es el Subsidiario de Newmont en Mexico (“Newmont Mexico”). Derivado de lo anterior, el Empleado expresamente reconoce que el Plan y los beneficios que pudieran derivar de la participación en el Plan no establecen derecho alguno entre el Empleado y el patrón, Newmont Mexico, y no forma parte de las condiciones de trabajo y/o las prestaciones otorgadas por Newmont Mexico, y que cualquier modificación al Plan o su terminación no constituye un cambio o desmejora de los términos y condiciones de la relación de trabajo del Empleado. Asimismo, el Empleado reconoce que su participación en el Plan se ha resultado de una decisión unilateral y discrecional de Newmont; por lo tanto, Newmont se reserva el derecho absoluto de modificar y/o terminar la participación del Empleado en cualquier momento y sin responsabilidad alguna frente el Empleado. Finalmente, el Empleado por este medio declara que no se reserva ninguna derecho o acción en contra de Newmont por cualquier compensación o daños y perjuicios en relación de las disposiciones del Plan o de los beneficios derivados del Plan, y por lo tanto, el Empleado otorga el más amplio finiquito que en derecho proceda a Newmont, y sus Subsidiarias, oficinas de representación, accionistas, directores, autoridades, empleados, agentes, o representantes legales en relación con cualquier demanda que pudiera surgir. Notifications Securities Law Information. The RSUs and the Shares offered under the Plan have not been registered with the National Register of Securities maintained by the Mexican National Banking and Securities Commission and cannot be offered or sold publicly in Mexico. In addition, the Plan, the Agreement and any other document relating to the RSUs may not be publicly distributed in Mexico. These materials are addressed to the Employee only because of their existing relationship with Newmont and these materials should not be reproduced or copied in any form. The offer contained in these materials does not constitute a public offering of securities but rather constitutes a private placement of securities addressed specifically to individuals who are present employees of the Employer made in accordance with the provisions of the Mexican Securities Market Law, and any rights under such offering shall not be assigned or transferred. PAPUA NEW GUINEA Terms and Conditions Award Settlement. Notwithstanding any provision in the Agreement to the contrary, if deemed by Newmont to be necessary for regulatory reasons, Newmont reserves the right to settle RSUs by payment in cash or its equivalent of an amount equal in value to the Shares subject to the vested RSUs.

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![Slide 6](<ex101rsuagreement2026006.jpg>)

> **Source slide transcript**
>
> - 21 - Notifications Exchange Control Information. Before receiving funds from the sale of any securities abroad, the Employee shall need to apply for and receive an Income Tax Clearance Certificate from the taxation authorities in Papua New Guinea, which the Employee must then lodge with the appropriate Bank of Papua New Guinea notification form with the commercial bank in which the transaction takes place. PERU Terms and Conditions Labor Law Acknowledgement. The following provision supplements Sections 8 and 9 of the Agreement: the Employee acknowledges that the RSUs are being granted ex gratia to the Employee with the purpose of rewarding them. Notifications Securities Law Information. The offer of the RSUs is considered a private offering in Peru; therefore, it is not subject to registration. For more information concerning this offer, please refer to the Plan, the Agreement and any other grant documents made available by Newmont. SOUTH AFRICA Terms and Conditions Taxes. The following provision supplements Section 5 of the Agreement: By accepting the RSUs, the Employee agrees that, immediately upon settlement of the RSUs, the Employee will notify the Employer of the amount of any gain realized at vesting. The Employee will be solely responsible for paying any difference between the actual liability for Tax-Related Items and the amount withheld. Deemed Acceptance of RSUs. Pursuant to Section 96 of Companies Act 71 of 2008 (the "Companies Act"), the RSU offer must be finalized within six months following the date the offer is communicated to the Employee. If the Employee does not want to accept the RSUs, the Employee is required to decline the award no later than six months following the date the offer is communicated to the Employee. If the Employee does not reject the RSUs within six months following the date the offer is communicated to the Employee, the Employee will be deemed to accept the RSUs. Notifications Securities Law Information. Neither the RSUs nor the underlying Shares shall be publicly offered or listed on any stock exchange in South Africa. The offer is intended to be private pursuant to Section 96 of the Companies Act and is not subject to the supervision of any South African governmental authority. Exchange Control Notification. Because exchange control regulations are subject to frequent change, sometimes without notice, the Employee should consult their personal legal advisor prior to the settlement of the RSUs to ensure compliance with current regulations. The Employee is solely responsible for ensuring compliance with all exchange control laws in South Africa. - 22 - SURINAME Terms and Conditions Award Settlement. Notwithstanding any provision in the Agreement to the contrary, if deemed by Newmont to be necessary for regulatory reasons, Newmont reserves the right to settle RSUs by payment in cash or its equivalent of an amount equal in value to the Shares subject to the vested RSUs. - 23 - Appendix 2: Vesting Schedule2 Date Quantity [
> - ], 2026 # of shares [
> - ], 2027 # of shares [
> - ], 2028 # of shares 2 The RSUs shall vest on the dates specified in the vesting schedule in the Grant Acknowledgement (each, a “Vesting Date”), provided a Termination of Service does not occur prior to the applicable Vesting Date, unless otherwise provided in this Agreement.

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## EX-31.1

SEC source: [q22026exhibit311.htm](https://www.sec.gov/Archives/edgar/data/1164727/000116472726000036/q22026exhibit311.htm)

Exhibit 31.1

CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

(Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002)

I, Natascha Viljoen, certify that:

1.I have reviewed this Quarterly Report on Form 10-Q of Newmont Corporation;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

/s/ NATASCHA VILJOEN

Natascha Viljoen   President, Chief Executive Officer, and Director   (Principal Executive Officer)

July 23, 2026

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## EX-31.2

SEC source: [q22026exhibit312.htm](https://www.sec.gov/Archives/edgar/data/1164727/000116472726000036/q22026exhibit312.htm)

Exhibit 31.2

CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER

(Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002)

I, Brian C. Tabolt, certify that:

1.I have reviewed this Quarterly Report on Form 10-Q of Newmont Corporation;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.  

/s/ BRIAN C. TABOLT

Brian C. Tabolt   Executive Vice President, Chief Financial Officer   (Principal Financial Officer)

July 23, 2026

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## EX-32.1

SEC source: [q22026exhibit321.htm](https://www.sec.gov/Archives/edgar/data/1164727/000116472726000036/q22026exhibit321.htm)

Exhibit 32.1

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350

(Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002)

In connection with the Quarterly Report on Form 10-Q for the quarter ended June 30, 2026 of Newmont Corporation (the “Company”) as filed with the Securities and Exchange Commission on the date hereof (the “Report”) and pursuant to 18. U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, I, Natascha Viljoen, President, Chief Executive Officer, and Director of the Company, certify, that to my knowledge:

1.The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

2.The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

/s/ NATASCHA VILJOEN

Natascha Viljoen   President, Chief Executive Officer, and Director   (Principal Executive Officer)

July 23, 2026

Note: A signed original of this written statement required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.

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## EX-32.2

SEC source: [q22026exhibit322.htm](https://www.sec.gov/Archives/edgar/data/1164727/000116472726000036/q22026exhibit322.htm)

Exhibit 32.2

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350

(Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002)

In connection with the Quarterly Report on Form 10-Q for the quarter ended June 30, 2026 of Newmont Corporation (the “Company”) as filed with the Securities and Exchange Commission on the date hereof (the “Report”) and pursuant to 18. U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, I, Brian C. Tabolt, Executive Vice President, Chief Financial Officer of the Company, certify, that to my knowledge:

1.The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

2.The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.  

/s/ BRIAN C. TABOLT

Brian C. Tabolt   Executive Vice President, Chief Financial Officer   (Principal Financial Officer)

July 23, 2026

Note: A signed original of this written statement required by Section 906 has been provided to the Company and will be retained by the Company and furnished to the Securities and Exchange Commission or its staff upon request.