BARRICK MINING CORP

■“EBITDA”

■“adjusted EBITDA”

■“attributable EBITDA”

■“attributable EBITDA margin”

■“net leverage”

■“minesite sustaining capital expenditures”

■“project capital expenditures”

■“TCC/oz”

■“C1 cash costs/lb”

■“AISC per oz/lb” and

■“realized price per oz/lb”

For a detailed description of each of the non-GAAP financial measures used in this MD&A and a detailed reconciliation to the most directly comparable measure under IFRS, please refer to the Non-GAAP Financial Measures section of this MD&A on pages 57 to 69. Each non-GAAP financial measure has been annotated with a reference to an endnote on page 70. The non-GAAP financial measures set out in this MD&A are intended to provide additional information to investors and do not have any standardized meaning under IFRS, and therefore may not be comparable to other issuers, and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.