Operator

Ladies and gentlemen, thank you for standing by. Welcome to the Barrick 2026 Annual Meeting of Shareholders. As a reminder, this meeting is being recorded.

I would now like to turn the meeting over to John Thornton, Barrick's Chairman. Please go ahead, sir.

John Thornton
Non Independent Executive Chairman

Good morning, everyone, and thank you for joining us. I would like to introduce the Board of Directors who are here with us this morning: Helen Cai, Brian Greenspun, Brett Harvey, Mark Hill, Anne Kabagambe, Rob Samek, Loreto Silva and Pekka Vauramo. I would also like to welcome the members of the Barrick management team who are here with us this morning.

There is an old story about a child who walks to a distant shore to find a special seashell to bring back to his teacher. When the teacher remarks on the beauty of the shell and marvels at the great distance the child had walked to find it, the child replies, "Long walk part of gift." Many people focus only on our sectors equivalent of the seashell, the minerals. Understandably so, we depend so much on them, we divide human history into its ages. Gold has not only held cultural significance for millennia, we use it in circuit boards, smartphones, satellites, spacecraft, medical treatment and for storing and transferring value.

Copper is essential to wiring, heating, power grids, medicine, agriculture, AI data centers batteries, chargers, solar panels, wind turbines, heat pumps, smart grids and much, much more. But just as the long walk is as important as the shell, Barrick is more than just minerals. We create thousands of jobs, 97% of