On January 19, 2026, Barrick Mining Corporation announced the appointment of Helen Cai as Senior Executive Vice President and Chief Financial Officer, effective March 1, 2026. Ms. Cai will succeed Graham Shuttleworth following the release and filing of Barrick’s 2025 year-end results. Having served on Barrick’s board since November 2021, Ms. Cai brings over 20 years of experience in equity research, corporate finance, strategic planning, capital markets and M&A. Her prior roles at Goldman Sachs and China International Capital Corporation earned her top rankings from StarMine, Institutional Investor and Asiamoney. Ms. Cai holds CFA and CAIA designations and degrees from MIT and Tsinghua University. During a transition period, she will work closely with Mr. Shuttleworth to ensure continuity in financial reporting, budgeting and investor relations for Barrick’s global portfolio of gold and copper assets spanning 17 countries.

Barrick’s recently confirmed Fourmile gold discovery in Nevada has been characterized by management as potentially the most significant find of this century. Initial drill results have yielded intersections up to 15.6 grams per tonne over 5.2 metres and 8.4 grams per tonne over 12.7 metres within a mineralized corridor extending more than 1,200 metres along strike. Preliminary resource modelling anticipates adding between 800,000 and 1.2 million ounces of gold to Barrick’s reserve base, enhancing the company’s medium-term production guidance by 5–7%. With operating costs at Fourmile projected near US$700 per ounce—well below the company’s consolidated all‐in sustaining cost of around US$960 per ounce—the project is expected to deliver incremental free cash flow of US$150–200 million annually once in production.