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B2GOLD CORP

For the period ended Dec 31, 2025. Filed Mar 11, 2026.

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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.

FY2025 · Filed Mar 11, 2026

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BTG$5.40+2.5%Stored close · as of Nov 6, 2026
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Contents

EX-99.3 · OUTSTANDING SHARE DATA

OUTSTANDING SHARE DATA

At February 18, 2026, 1,337,043,903 common shares were outstanding. The Notes, if converted, would result in the issuance of approximately 145 million shares. In addition, the Company had approximately 28 million stock options, approximately 5 million RSUs and approximately 7 million PSUs outstanding at February 18, 2026. The number of shares issued on the vesting of PSUs could vary from 0% to 200% of the number of PSUs depending on the achievement of certain performance criteria, all other stock-based compensation converts on a 1:1 ratio.

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.