EXECUTION COPY 24 SEPTEMBER 2018 BARRICK GOLD CORPORATION and RANDGOLD RESOURCES LIMITED COOPERATION AGREEMENT 65 Fleet Street LON50179833 London EC4Y 1HS CONTENTS CLAUSE PAGE 1. Definitions and Interpretation ........................................................................... 1 2. Publication of the Announcement ................................................................... 11 3. Clearances ....................................................................................................... 11 4. Scheme Document .......................................................................................... 15 5. Court Proceedings ........................................................................................... 16 6. Implementation of the Merger ........................................................................ 16 7. Barrick documents and Barrick Recommendation ......................................... 17 8. Additional Barrick Covenants ......................................................................... 19 9. Switching to a Take-over Offer ...................................................................... 22 10. Randgold Employee-Related Matters ............................................................. 23 11. Directors’ and Officers’ insurance .................................................................. 23 12. Break Payment and other matters ................................................................... 23 13. Actions on or prior to the Effective Date ........................................................ 25 14. Conduct of business ........................................................................................ 25 15. Termination ..................................................................................................... 26 16. Takeover Code ................................................................................................ 29 17. Representations and warranties ....................................................................... 29 18. Costs ................................................................................................................ 30 19. Entire agreement ............................................................................................. 30 20. Assignment ..................................................................................................... 30 21. Notices ............................................................................................................ 30 22. Language ......................................................................................................... 32 23. Waivers, rights and remedies .......................................................................... 32 24. No partnership ................................................................................................. 32 25. Further assurances ........................................................................................... 33 26. Counterparts .................................................................................................... 33 27. Variations ........................................................................................................ 33 28. Invalidity ......................................................................................................... 33 29. Third party enforcement rights ....................................................................... 33 30. Governing law and jurisdiction ....................................................................... 34 Schedule 1 Form of Announcement ........................................................................... 36 Schedule 2 Randgold Employment-Related Matters .................................................. 37 LON50179833 This AGREEMENT is made on 24 September 2018 BETWEEN: (1) BARRICK GOLD CORPORATION, a corporation incorporated under the laws of the Province of Ontario, whose registered office is at 161 Bay Street, Suite 3700, Toronto, Ontario M5J 2S1, Canada (Barrick); and (2) RANDGOLD RESOURCES LIMITED, a company incorporated under the laws of Jersey with registered number 62686, whose registered office is at 3rd Floor, Unity Chambers, 28 Halkett Street, St Helier, Jersey, JE2 4WJ (Randgold), (each a party and together the parties). WHEREAS: (A) Barrick and Randgold propose to announce a recommended all-share merger on the terms and conditions set out in the Announcement. (B) The Merger will be made on the terms and subject to the conditions set out in the Announcement and this Agreement. (C) The parties intend that the Merger will be implemented by way of the Scheme, although Barrick reserves the right to implement the Merger by way of the Take-over Offer. (D) The parties are entering into this Agreement to set out certain obligations and commitments in relation to the implementation of the Merger (whether by way of the Scheme or the Take-over Offer). IT IS AGREED as follows: 1. Definitions and Interpretation 1.1 In this Agreement (including the recitals and Schedule 2 but excluding Schedule 1), the terms and expressions listed in this clause 1.1 shall have the meanings set out in this clause 1.1. Terms and expressions used in Schedule 1 shall have the meanings given to them in Schedule 1: Acacia means Acacia Mining plc, a public limited company incorporated under the laws of England and Wales with registered number 07123187, whose registered office is at 5th Floor, 1 Cavendish Place, London, W1G 0QF; Acceptance Condition means the acceptance condition to any Take-over Offer; Acquisition Agreement has the meaning given in clause 8.3(b); Action has the meaning given in clause 30.2; Agreed Switch has the meaning given in clause 9.1(a); Announcement means the announcement detailing the terms and conditions of the Merger to be made pursuant to Rule 2.7 of the Code, in the form set out in Schedule 1 (save only for non-material amendments agreed to on behalf of each of the parties); LON50179833 1 | 40 Barrick Acceptable Confidentiality Agreement means a confidentiality agreement between Barrick and a third party (other than Randgold or a person acting in concert with Randgold or at Randgold’s direction or with Randgold’s agreement) that: (a) is entered into in accordance with clause 8.2; (b) contains confidentiality restrictions no less favourable to Barrick than those set out in the Confidentiality Agreement; (c) does not permit such third party to acquire any securities of the Barrick Group (excluding Acacia) other than in the manner contemplated in paragraph (d) of this definition; and (d) contains customary standstill provisions that only permit the third party (not being Randgold or a person acting in concert with Randgold or at Randgold’s direction or with Randgold’s agreement) to, either alone or jointly with others, make a Competing Proposal for Barrick to the Barrick Board that is not publicly announced; Barrick Board means the board of directors of Barrick from time to time; Barrick Board Adverse Recommendation Change means the Barrick Board: (a) withdrawing (or modifying in any manner adverse to Randgold), or proposing publicly to withdraw (or modify in any manner adverse to Randgold), the Barrick Recommendation; (b) adopting, approving, recommending or declaring advisable, or proposing publicly to adopt, approve, recommend or declare advisable, any Competing Proposal for Barrick; (c) failing to include the Barrick Recommendation in the Announcement or the Barrick Circular; or (d) entering into an Acquisition Agreement in breach of clause 8.3(b) or pursuant to clause 8.4; Barrick Circular means any notice of meeting and accompanying information circular (including all schedules, appendices and exhibits thereto) to be sent by Barrick to the Barrick Shareholders in connection with the Barrick Shareholder Meeting, including any amendments or supplements thereto; Barrick Directors means the directors of Barrick from time to time; Barrick Fairness Opinions means the written opinions dated 23 September 2018, given by each of The Klein Group, LLC and Morgan Stanley Canada Limited, that, as of such date, subject to the assumptions, limitations and qualifications contained therein, the Exchange Ratio (as defined in the Announcement) is fair from a financial point of view to Barrick; Barrick Group means Barrick and its subsidiary undertakings; Barrick Notice of Recommendation Change has the meaning given in clause 8.4(b)(A); LON50179833 2 | 40 Barrick Recommendation means an unqualified recommendation by the Barrick Board to the Barrick Shareholders to vote in favour of the Barrick Shareholder Resolution; Barrick Shareholder Meeting means the special meeting, including any adjournments or postponements thereof in accordance with the terms of this Agreement, of the Barrick Shareholders to be held to consider and, if thought advisable, approve the Barrick Shareholder Resolution; Barrick Shareholder Resolution means the shareholder resolution of the Barrick Shareholders approving, by simple majority of the Barrick Shares voted at the Barrick Shareholder Meeting, the issuance of the New Barrick Shares in accordance with the requirements of the Toronto Stock Exchange; Barrick Shareholders means, at any time, the holders of Barrick Shares; Barrick Share Plans means the Barrick Restricted Share Unit Plan, the Barrick Deferred Share Unit Plan, the Barrick Performance Granted Share Unit Plan, the Barrick Global Employee Share Plan, the Barrick Share Purchase Plan and the Barrick Stock Option Plan