Dividends

Dividend policy

Newcrest looks to pay ordinary dividends that are sustainable over time having regard to its cash flow generation, its reinvestment options in the business and external growth opportunities, its financial policy metrics and its balance sheet strength.

Newcrest targets a total annual dividend payout of 30-60% of free cash flow generated for the financial year, with the annual total dividends being at least US$ 15 cents per share on a full year basis.

The declaration of any future dividend remains at the discretion of the Newcrest Board, having regard to circumstances prevailing at that time.

Special Dividend

The Newcrest Board has determined that a fully franked special dividend of US $1.10 per share is to be paid on 27 October 2023.

The key dates in relation to the special dividend are set out in the table below. Please note that shareholders with a registered address in Australia, Papua New Guinea or New Zealand must ensure they have provided bank account details in order to receive their dividend.

Action	Date
Announcement*	Thursday, 5 October 2023
Ex-Dividend Date and Currency Conversion Date	Wednesday, 18 October 2023
Record Date	Thursday, 19 October 2023
Election Date - final date and time to elect to receive foreign currency	5:00pm AEDT, Thursday, 19 October 2023
Payment Date	Friday, 27 October 2023

*The directors determined to suspend the dividend reinvestment plan (DRP) with effect from 11 August 2023. The DRP will not apply to this dividend.

Dividend History

	Payment Amount (¢)	Franking Status (%)	DRP Price (AU$)
2023 Final Dividend	US 20.0	100	-
2023 Interim Dividend & Special Dividend	US 35.0	100	23.79
2022 Final Dividend	US 20.0	100	17.18
2022 Interim Dividend	US 7.5	100	26.33
2021 Final Dividend	US 40.0	100	24.87
2021 Interim Dividend	US 15.0	100	24.86
2020 Final Dividend	US 17.5	100	31.78
2020 Interim Dividend	US 7.5	100	27.88
2019 Final Dividend	US 14.5	100	36.48
2019 Interim Dividend	US 7.5	100	24.74
2018 Final Dividend	US 11	100	19.16
2018 Interim Dividend	US 7.5	100	19.85
2017 Final Dividend	US 7.5	70	21.46
2017 Interim Dividend*	US 7.5	0	22.56
2016 Final Dividend*	US 7.5	0	22.49
2016 Interim Dividend	AU 0	0	0
2015 Final Dividend	AU 0	0	0
2015 Interim Dividend	AU 0	0	0
2014 Final Dividend	AU 0	0	0
2014 Interim Dividend	AU 0	0	0
2013 Final Dividend	AU 0	0	0
16/04/2013*	AU 12	0	20.83
19/10/2012**	AU 23	15	28.25
17/04/2012*	AU 12	0	29.58
16/12/2011*	AU 20	0	24.77
21/10/2011*	AU 20	0	34.79
15/04/2011*	AU 10	0	37.17
22/10/2010*	AU 20	0	39.76
16/04/2010*	AU 5	0	33.31
16/10/2009*	AU 15	0	34.07
17/10/2008*	AU 10	0	25.76
27/09/2007*	AU 5	0	24.41
13/10/2006*	AU 5	0	20.55
14/10/2005*	AU 5	49	19.81
15/10/2004	AU 5	100	14.6
18/10/2003	AU 5	100	11.01
10/10/2002	AU 5	100	6.94
19/10/2001	AU 5	100	3.83
20/10/2000	AU 5	100	3.89
11/10/1996	AU 12.5	0	4.15
16/10/1995	AU 18.75	0	5.36
8/04/1994	AU 12.5	0	-
8/04/1993	AU 12.5	0	-
10/04/1992	AU 2.5	0	-
12/04/1991	AU 2.5	0	-
14/04/1989	AU 2.5	0	-
15/02/1988	AU 5	0	-
2/02/1987	AU 4	0	-

Mandatory Direct Credit of Dividends

Newcrest has moved to Mandatory Direct Credit of dividends for Shareholders with a registered address in either Australia, Papua New Guinea or New Zealand.

Those Shareholders are unable to receive their dividends by way of cheque and will need to provide bank account details to share registry, Link Market Services (Link) if they have not already done so.

Shareholders are encouraged to provide their bank account details, for payment of Newcrest dividends, as soon as possible. Those Shareholders who have already provided bank account details to Link, please check that the details are still current and correct.

Shareholders can provide/update their bank details on the Link Market Services website.

Payment currencies

Newcrest changed its reporting currency from Australian dollars to US dollars in 2015. As a result, dividends are now determined in US dollars.

Shareholders will receive their dividend in Australian dollars unless:

(a) they have:

nominated a PNG kina bank account domiciled in PNG by a nominated time and date; or
a registered address in PNG and have not nominated an Australian dollar bank account domiciled in Australia or a US dollar bank account domiciled in the United States of America or a NZ dollar bank account domiciled in New Zealand by a nominated time and date, in which case they will receive their dividend in PNG kina; or

(b) they have nominated a US dollar bank account domiciled in the United States of America by a nominated time and date, in which case they will receive their dividend in US dollars; or

(c) they have nominated a NZ dollar bank account domiciled in New Zealand by a nominated date and time, in which case they will receive their dividend in NZ dollars; or

(d) they are listed on the Canadian register of shareholders (CUSIP Q6651B114 or CUSIP AU000000NCM7), in which case they will receive their dividend in US dollars.

As dividends are determined in US dollars, for payments to be made in Australian dollars, Papua New Guinea kina or New Zealand dollars, conversion into the relevant currency will be based on the foreign currency exchange rates applicable on the relevant Currency Conversion Date.

For further information please contact the Newcrest share registry Link Market Services on 1300 554 474 or registrars@linkmarketservices.com.au

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