2020 Kinross Sustainability Report Site Highlights 2020 Socio-Economic Benefits in Mauritania1 Mauritania 1,225 2,204 $53.8 million $180.5 million $99 million 39,329 employees contract wages and spent on payments to beneficiaries of Tasiast workers benefits paid procurement governments community programs Tasiast’s in-country benefit footprint was $336 million in 2020, building on a cumulative in-country benefit footprint of $3.3 billion since 2010, which has contributed to the Government of Mauritania’s development plans for the country and delivered significant economic and social outcomes in the region where the mine is located. Our workforce is now almost entirely made up of Mauritanian nationals (97% of total). In 2020, we made significant efforts to support the Government’s health plans regarding the pandemic. procurement, $953 million on taxes and royalties incurred ($930 Western Sahara million remitted) and $16.3 million in community support. Kinross Mauritania has provided $471 million in wages and benefits ($249 million in net wages) in the same period for Mauritanian employees. Nouadhibou Wilaya of Dakhlet Nouadhibou Social Outcomes Wadi Chebka Ntalve Atlantic Ocean Guelb Dawass Independent studies and survey results highlight marked Tasiast progress in poverty reduction and other determinants of health Banc d'Arguin Imkebdene in communities around the mine and regional towns. Driven National Park Wilaya of by Tasiast, and the related growth of towns like Chami, poverty N Inchiri 010 20 levels in the area have declined from 28% in 2011 to 8% kilometers Chami in 2017. The percentage of the population with access to basic services is generally better than those for the rest of the country. The Tasiast mine and concessions overlap the boundary between the Wilayas of Inchiri and Dakhlet Nouadhibou. The mine and related infrastructure are located primarily in the Despite the impacts of the pandemic, we maintained commune of Benichab, with its principal town of the same name, and overlap to the north- key programs with semi-nomadic communities in Zone east with the commune of Tmeimichatt. Mineral concessions intersect with the communes of Chami, Nouamghar, Inal, and Boulenoir. Community Zone A includes the villages of A around Tasiast, including mobile clinic service, potable Dawas, Ntalve and Imkebden (total population approx. 300), within a 30 km radius. Zone water for animal and human use and pastoralism support. B extends along the road between Nouakchott and Nouadhibou (N2) from 170 to 300 km north of Nouakchott, including the town of Chami, 5 small villages, as well the road from The pastoralism service has contributed to the maintenance the N2 to Tasiast. Zone C covers the N2 road from 300 km north of Nouakchott to the entrance of Nouadhibou, and includes Boulenoir and 7 smaller villages. of stable livestock herds and an increase in camel herds (see graph), resulting in stability of food security for the community. This supports progress towards SDG 2 to end Economic Outcomes hunger, achieve food security and improved nutrition, and promote sustainable agriculture. For Mauritania, total payments to the Government in 2020 were US$122 million, made up of $99 million in In 2020, Tasiast made important contributions to the taxes and royalties (benefit footprint total) and the remainder sustainability of healthcare in Mauritania: helping to establish in payroll taxes. Through 2020, Kinross’ total benefit and equip an isolation centre in Nouakchott; providing footprint in Mauritania includes $2.2 billion on in-country materials for health awareness campaigns; and donating 38 fully equipped ambulances to the Ministry of Health. These Livestock ownership in community Zone A, ambulances represent 40% of all new ambulances acquired in based on socio-economic surveys 2020 and are being used to attend to patients across Mauritania. (%) 85% 82% 82% 75% 75% 65% Camel 39% Sheep 29% 29% Goat 2011 2013 2017 1. Employees/contractors include nationals and expatriates; financial metrics are for Mauritania; beneficiaries are mostly from local benefit footprint area. Wages and benefits paid ($53.8 million) includes payroll taxes. 2020 Kinross Sustainability Report Site Highlights About Kinross Gold Corporation Kinross is a global gold mining company with strong and consistent operating results driven by a high performance culture. With a balanced portfolio of mines and projects in three regions, our focus is delivering value based on the core principles of operational excellence, financial discipline and responsible mining. 2020 Gold Production by Region1,2 Kinross 2020 Benefit Footprint (Au eq. oz.) 22% 2.42.5 M OuncesOunces $357 million $1.9 billion $777 million 939,000+ 55% $3.4 billion Americas payments to payments to employee wages beneficiaries total global spend 23% governments suppliers in and benefits of community Russia host countries investments West Africa Kinross Operations and Projects (As of December 31, 2020) Fort Knox Alaska Kupol-Dvoinoye 687 employees/84 contractors Manh Choh $434.7 million total local spend 80,096 beneficiaries of community programs Chulbatkan-Udinsk Toronto Russia Mauritania 2,261 employees/293 contractors Bald Mountain 1,225 employees/2,204 contractors $480.8 million total local spend Round Mountain $336.2 million total local spend 109,512 beneficiaries of community programs 39,329 beneficiaries of community programs Nevada 1,471 employees/347 contractors $725.0 million total local spend Tasiast 168,794 beneficiaries of community programs Chirano Approximate Annual Production (k oz.)* Ghana 930 employees/1,300 contractors <300 300-400 >400 $248.5 million total local spend 120,734 beneficiaries of community programs Operating Chile Assets 307 employees/512 contractors $116.8 million total local spend Paracatu Development 181,533 beneficiaries of community programs Projects Brazil La Coipa 1,702 employees/2,942 contractors Lobo-Marte $541.3 million total local spend 240,651 beneficiaries of community programs * Annual production for “Operating Assets” based on 2020 gold equivalent production. Annual production for “Development Projects” based on previously disclosed expected total life-of-mine production divided by total mine life. Total local spend includes all spend in host country, including payments to governments and suppliers, wages and benefits and community investments. All figures in the report are in U.S. dollars unless otherwise stated. Endnotes pertaining to non-GAAP measures reported can be found on page 82 of the 2020 Sustainability Report. 2020 Performance Highlights Environment Social Governance Committed to NET-ZERO GHG TOP RANKED Canadian EMISSIONS by 2050 30% REDUCTION in high- mining company in The Globe potential incidents in 2020 and Mail’s annual corporate Maintained one of the LOWEST vs. 2019 governance survey GHG EMISSION INTENSITIES per To learn more about our gold equivalent ounce produced 2020 safety and sustainability 99% OF OUR WORKFORCE 33% WOMEN DIRECTORS performance, read our 2020 and 87% of management from in line with Board gender Sustainability Report or visit Zero REPORTABLE INCIDENTS within host countries diversity target Kinross.com/sustainability. at tailings facilities for 28th 2020 First Priorities consecutive year Kinross Gold Corporation 82% of TOTAL PROCUREMENT 8 OUT OF 9 DIRECTORS Climate Report spend was “IN-COUNTRY” ARE INDEPENDENT 100% CYANIDE CODE CERTIFICATION maintained beneficiaries KINROSS 2020 CLIMATE REPORT A at all sites 939,000+ Zero SUBSTANTIATED CASES from $12.8 million in community OF PUBLIC CORRUPTION To learn more about our INVESTMENTS AND PROGRAMS climate change strategy and performance, read our 2020 Climate Report..