Signing of the Framework Agreement and the 8416 joint vent ur e r es ul t s i n a dec r eas e i n at t r i but abl e pr oduc t i on Production impacted by lower grades mined and pr oc es s ed i n l i ne w i t h t he m i ne pl an Successful transition from underground contractor to ow ner oper at or al ong w i t h bet t er c os t c ont r ol m eas ur es del i ver s i m pr oved c os t s per ounc e c om par ed t o t he pr i or quar t er N o r t h M ar a 84 22 Q 1 2020 Q 4 2019 Q 1 2019 T ot al t onnes m i ned 000 2 448 3 529 2 368 A v er age gr ade pr oc es s ed g t 3 42 4 78 3 00 O r e t onnes pr oc es s ed 000 636 714 477 R ec ov er y r at e 93 94 92 G ol d pr oduc ed oz 000 65 103 42 G ol d s ol d oz 000 70 103 43 I nc om e m i l l i ons 49 52 9 E B I T DA m illio n s 9 70 87 22 C api t al ex pendi t ur es m illio n s 13 16 7 M i nes i t e s us t ai ni ng 11 15 6 P r oj ec t 2 1 1 C os t of s al es oz 6 959 1 021 1 064 T ot al c as h c os t s oz 7 646 675 755 A ll i n s us t ai ni ng c os t s oz 7 816 830 944 N or th M a r a T anz ani a E x p l o r a ti o n Scout drilling planned to explore below N yabi gena pi t c oul d s uppor t a l ar ger pi t c ut bac k New Gokona geological model indicates potential for addi t i onal t ar get gener at i on A total of ten conversion resource extension and conceptual n ea r m i ne t ar g et s h av e b ee n g en e r a t ed a l on g t h e G o k o na m i n er al i z ed t r e n d