Newmont Announces $1.0 Billion Share Repurchase Program - Seite 2

Cautionary Statement:

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbor created by such sections and other applicable laws. Forward-looking statements often contain words such as “expect,” “intend,” “plan,” and “will.” Such forward-looking statements may include, without limitation, statements or expectations regarding future return to shareholders (including share repurchases and dividend declarations, payment levels and sustainability), performance and business results, project profitability and development, cash flow and financial flexibility. Investors are also cautioned that the extent to which the Company repurchases its shares, and the timing of such repurchases, will depend upon a variety of factors, including trading volume, market conditions, legal requirements, business conditions and other factors. The repurchase program 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 $1.0 billion amount during the authorization period. Consequently, the Board of Directors may revise or terminate such share repurchase authorization in the future. Investors are also cautioned that the Company’s dividend framework is non-binding. Future dividends are assessed on a quarterly basis by the Board of Directors and will be determined based on Newmont’s financial results, balance sheet strength, cash and liquidity requirements, future prospects, gold price fluctuations and other factors deemed relevant by the Board. Dividends for 2021 have not yet been approved or declared by the Board of Directors. Management’s expectations with respect to future dividends are “forward-looking statements” and non-binding. The Board of Directors reserves all powers related to the declaration and payment of dividends. Consequently, in determining the dividend to be declared and paid on the common stock of the Company, the Board of Directors may revise or terminate such dividend plans at any time without prior notice. Investors are reminded that forward-looking statements are subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed, including, without limitation, risks in connection with the operations, cash flow and results of the Company relating to the uncertain duration, scope and effect of the current COVID-19 and effectiveness of the COVID-19 vaccines. In light of the changing environment and uncertainties, no guarantees can be provided that Newmont’s proactive efforts to minimize impacts of COVID-19 on its operations will be effective in eliminating risks. Similarly, no guarantees can be made that the Company will be able to maintain the same dividend level in the future. Investors should not place undue reliance on forward-looking statements.