Barrick Will Not Approve Mooted Sale of Sokimo’s Stake in Kibali

PRESS RELEASE

NYSE : GOLD TSX : ABX

BARRICK WILL NOT APPROVE MOOTED SALE OF SOKIMO’S STAKE IN KIBALI

TORONTO — February 20, 2020 — Barrick Gold Corporation’s attention has been drawn to media reports to the effect that the Congolese parastatal Société Minière de Kilo-Moto SA (SOKIMO) has signed a memorandum of understanding with AJN Resources Inc to sell its 10% share in the Kibali gold mine to that company

Barrick wishes to make it clear that SOKIMO is contractually bound by Barrick and its joint venture partner AngloGold Ashanti not to sell or otherwise transfer its shares in Kibali Goldmines SA, the owner of the Kibali gold mine, without their approval. No such approval has been sought, nor will it be granted.

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President and chief executive COO, Africa and Middle East Investor and media relations Mark Bristow Kathy du Plessis Willem Jacobs +1 647 205 7694 +44 20 7557 7738 +44 779 557 5271 +44 788 071 1386 Email: [email protected] +243 820 678 040

Website: www.barrick.com