African Barrick Gold — Investing in Tanzania

Source: Ernst & Young's July 2014 report entitled, "African Barrick Gold's total economic and tax contributions in Tanzania, 2013."* Unless otherwise stated dollar amounts are shown in 2013 US$; figures may not appear to sum due to rounding.

Supporting 61,784 jobs in 2013

Induced (consumers)jobs 21,800

Indirect (supply chain)jobs 34,900jobs 5,084

ABG

For every one ABG employee, 11 jobs are created elsewhere in the Tanzanian economyABG's wage employment impacts with multipliers

x1 x6.9 x4.3

Money spent locallyIn 2013, ABG spent a total US$769mm on goods and services used in Tanzania

$448mm domesticABG purchases from suppliers located in Tanzania

$321mm importsABG purchases from suppliers located outside of Tanzania (imports)Suppliers in the same regions as ABG mines

Suppliers in other regions of Tanzania

ABG’s 2013 social investments ABG invested a total of US$15.5mm

$11.5mm Maendeleo Fund spending

$4.0mm Mine site-specific community projects

74%

26%

$15.5mm13%39% 9% 8%16%

Comnty support

Edu. Health Electric/infrastr.

Water15%Other

93%

26.3mm (Tsh)US$16.4k

2.3mm (Tsh)US$1.5k

ABG Avg. Wage Tanzanian Employees

National Avg. WageTanzanian EmployeesABG is a high-wage employer

Tanzanian national employees were paid an average wage nearly 11x higher than the national average in 2013

93.2% of ABG employees in Tanzania are Tanzanians

% based on year-end 2013 ABG employment in Tanzania vs.

11x

Of this $197mm, $35.4mm were direct taxes paid by ABG's 4,691 Tanzanian national employees, equating to an average of over $7,500 (12.1mm TShs.) per Tanzanian national worker.

graphic design: Charles Council

42%

58%

$337mm

$112mm

Estimated economic and fiscal contributions of ABG in Tanzania

$615mm

$855mm Towards GDP

$344mm

$531mm Labour income

Indirect & inducedDirect

$197mm Tanzania taxes

$60mm

$240mm $188mm $137mm

African Barrick Gold — Investing in Tanzania

Source: Ernst & Young's July 2014 report entitled, "African Barrick Gold's total economic and tax contributions in Tanzania, 2013."* Unless otherwise stated dollar amounts are shown in 2013 US$; figures may not appear to sum due to rounding.

Supporting 61,784 jobs in 2013

Induced (consumers)jobs 21,800

Indirect (supply chain)jobs 34,900jobs 5,084

ABG

For every one ABG employee, 11 jobs are created elsewhere in the Tanzanian economyABG's wage employment impacts with multipliers

x1 x6.9 x4.3

Money spent locallyIn 2013, ABG spent a total US$769mm on goods and services used in Tanzania

$448mm domesticABG purchases from suppliers located in Tanzania

$321mm importsABG purchases from suppliers located outside of Tanzania (imports)Suppliers in the same regions as ABG mines

Suppliers in other regions of Tanzania

ABG’s 2013 social investments ABG invested a total of US$15.5mm

$11.5mm Maendeleo Fund spending

$4.0mm Mine site-specific community projects

74%

26%

$15.5mm13%39% 9% 8%16%

Comnty support

Edu. Health Electric/infrastr.

Water15%Other

93%

26.3mm (Tsh)US$16.4k

2.3mm (Tsh)US$1.5k

ABG Avg. Wage Tanzanian Employees

National Avg. WageTanzanian EmployeesABG is a high-wage employer

Tanzanian national employees were paid an average wage nearly 11x higher than the national average in 2013

93.2% of ABG employees in Tanzania are Tanzanians

% based on year-end 2013 ABG employment in Tanzania vs.

11x

Of this $197mm, $35.4mm were direct taxes paid by ABG's 4,691 Tanzanian national employees, equating to an average of over $7,500 (12.1mm TShs.) per Tanzanian national worker.

graphic design: Charles Council

42%

58%

$337mm

$112mm

$615mm$240mm

Towards GDPTotal

$344mm$188mm

Labour income

Tanzania taxes

$137mm $60mm Indirect & induced

Direct

$855mm

$531mm

$197mm

Estimated economic and fiscal contributions of ABG in Tanzania