Newcrest releases Annual Information Form

Newcrest Mining Limited (ASX, TSX, PNGX: NCM) has released the attached Annual Information Form (AIF) for the financial year ended 30 June 2022, and filed it with the Canadian regulatory authorities in connection with Newcrest's secondary listing on the Toronto Stock Exchange

Important Note

In preparing the AIF, Mineral Resources and Mineral Reserves were initially classified using the 2012 edition of the Australasian Joint Ore Reserves Committee Code (the JORC Code). The confidence categories assigned under the JORC Code were reconciled to the confidence categories in the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards for Mineral Resources and Mineral Reserves 2014 (the CIM Definition Standards). As the confidence category definitions are the same, no modification to the confidence categories was required. Note that NI 43-101 does not allow for Inferred Mineral Resources to be added to other Mineral Resource categories. Mineral Resources and Mineral Reserves in the AIF are reported in accordance with the CIM Definition Standards. Terminology differences were addressed in that the term 'Ore Reserves' in the JORC Code is reported as 'Mineral Reserves' using the CIM Definition Standards, and the term 'Proved Ore Reserve' in the JORC Code is reported as 'Proven Mineral Reserves' using the CIM Definition Standards.

Competent Person Statement

The information in the AIF that relates to Mineral Resources and Ore/ Mineral Reserves has been extracted from the release titled 'Annual Mineral Resources and Ore Reserves Statement - as at 30 June 2022' dated 19 August 2022 (the original release) which is available to view at www.asx.com.au under the code 'NCM' and on Newcrest's SEDAR profile. Newcrest confirms that it is not aware of any new information or data that materially affects the information included in the original release and that all material assumptions and technical parameters underpinning the estimates in the original release continue to apply and have not materially changed. Newcrest confirms that the form and context in which the Competent Person's findings are presented have not been materially modified from the original release. The information in the AIF that relates to the financial metrics and forecast Life Of Mine of Red Chris on pages 87-88 has been extracted from the Red Chris Technical Report dated 30 November 2021, and Wafi-Golpu on pages 109 has been extracted from the Wafi-Golpu Project Technical Report dated 14 October 2020, each of which is available to view at www.asx.com.au under the code 'NCM' and on Newcrest's SEDAR profile. The Mineral Resources and Ore/ Mineral Reserves underpinning the production targets on which such information is based are also specified in the Technical Reports referred to above, and they have been prepared by Competent Persons in accordance with Appendix 5A of the ASX Listing Rules. Newcrest confirms that all material assumptions underpinning such production targets and forecast financial information continue to apply and have not materially changed. The information in the AIF that relates to Exploration Targets and Exploration Results is based on and fairly represents information compiled by Mr Fraser MacCorquodale. Mr MacCorquodale is the General Manager - Exploration and a full-time employee of Newcrest Mining Limited. He is a shareholder in Newcrest Mining Limited and is entitled to participate in Newcrest's executive equity long term incentive plan, details of which are included in Newcrest's 2022 Remuneration Report. He is a Member of the Australian Institute of Geoscientists. Mr MacCorquodale has sufficient experience which is relevant to the styles of mineralisation and types of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the JORC Code. He consents to the inclusion in this report of the matters based on his information in the form and context in which it appears including sampling, analytical and test data underlying the results.

Contact:

Investor

North American

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Rebecca Lay

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Vlada Cvijetinovic

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Media

Tim Salathiel

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