B2Gold : Declaration Second Quarter 2022 Dividend of $0.04 per Share

B2Gold Corporation ("B2Gold")

Registration No. BC0776025

Registered as an external company in Namibia

ISIN Code: CA11777Q2099

NSX Share Code: B2G

B2Gold Declares Second Quarter 2022 Dividend of $0.04 per Share

Vancouver, BC, June 8, 2022 - B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG,

NSX: B2G)

("B2Gold" or the "Company") is pleased to announce that its Board of Directors (the "Board") has declared a cash dividend for the second quarter of 2022 of $0.04 per common share (or an expected $0.16 per share on an annualized basis), payable on June 29, 2022, to shareholders of record as of June 20, 2022. All dollar figures are in United States Dollars unless otherwise indicated.

As part of the long-term strategy to maximize shareholder value, B2Gold expects to declare future quarterly dividends at the same level. This dividend is designated as an "eligible dividend" for the purposes of the Income Tax Act (Canada). Dividends paid by B2Gold to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.

The declaration and payment of future dividends and the amount of any such dividends will be subject to the determination of the Board, in its sole and absolute discretion, taking into account, among other things, economic conditions, business performance, financial condition, growth plans, expected capital requirements, compliance with the B2Golds's constating documents, all applicable laws, including the rules and policies of any applicable stock exchange, as well as any contractual restrictions on such dividends, including any agreements entered into with lenders to the Company, and any other factors that the Board deems appropriate at the relevant time. There can be no assurance that any dividends will be paid at the intended rate or at all in the future.

The full document can be accessed at the following link:

http://www.investorx.ca/Doc/2206081416467151

On Behalf of B2GOLD CORP.

Clive T. Johnson

President & Chief Executive Officer

9 June 2022

Registered Office

20 Nachtigal Street

Ausspannplatz

Windhoek

Namibia

Sponsor

IJG Securities (Pty) Ltd Member of the NSX

4th floor 1@Steps,c/o Grove and Chasie Street Kleine Kuppe, Windhoek

P O Box 186, Windhoek, Namibia Registration No. 95/505