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Anne Kabagambe Appointed to Barrick’s Board

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Barrick Gold Corporation (NYSE:GOLD) has appointed Anne Kabagambe as an independent director on its Board, enhancing its leadership with her extensive experience in international institutions. Kabagambe, a former Executive Director at the World Bank, brings 35 years of leadership experience, emphasizing her advocacy for gender equality and diversity. Her previous roles include significant positions at the African Development Bank, where she fostered partnerships across various sectors. Barrick's Executive Chairman noted that her insight into global business and governance will strengthen the Board's capabilities.

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  • Appointment of Anne Kabagambe as an independent director enhances Barrick's Board.
  • Kabagambe brings 35 years of leadership experience, including roles at the World Bank and African Development Bank.
  • She is known for advocating for gender equality and diversity in leadership.
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TORONTO, Nov. 04, 2020 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has appointed Anne Kabagambe to its Board of Directors as an independent director.

Ms Kabagambe has 35 years of experience spanning a diverse range of senior leadership positions in international institutions. She is a former Executive Director of the World Bank Group where she served from 2016 to 2020, representing the interests of 22 Sub-Saharan African countries1, including Tanzania and Zambia, where Barrick has gold and copper operations. While at the World Bank, she sat on the Development Effectiveness Committee, the Budget Committee and the Pension Benefits Committee. Ms Kabagambe also Co-Chaired the World Bank Board’s Gender Working Group and is a strong advocate for the advancement of women and a champion of diversity and inclusion.

Prior to the World Bank, she spent 27 years at the African Development Bank, where she built an extensive network within Africa and other parts of the world. During this time, she helped develop cooperative agreements with Asian countries and held the position of Chief of Staff for the African Development Bank President. Ms Kabagambe has also served on the boards of the Africa American Institute (AAI) and Junior Achievement (JA) Africa.

She has an undergraduate degree from the University of California at San Diego (UCSD), master’s degrees in Public Policy from Columbia University’s School of International and Public Affairs and George Washington University, and also obtained post-graduate diplomas from Harvard University’s John F. Kennedy School of Government and the Cranfield School of Management.

Barrick Executive Chairman John Thornton said Ms Kabagambe would strengthen the Board and bring an independent understanding of doing business internationally, informed by her experience in engaging with governments, the private sector and civil society and in particular her knowledge of the global resource, banking and education sectors.

Barrick Enquiries

Investor and media relations
Kathy du Plessis
+44 20 7557 7738
Email: barrick@dpapr.com

Website: www.barrick.com

                                                    

1 Botswana, Burundi, Eritrea, Eswatini, Ethiopia, The Gambia, Kenya, Lesotho, Liberia, Malawi, Mozambique, Namibia, Rwanda, Seychelles, Sierra Leone, Somalia, South Sudan, Sudan, Tanzania, Uganda, Zambia, Zimbabwe

FAQ

Who has been appointed to Barrick Gold's Board of Directors?

Anne Kabagambe has been appointed as an independent director on Barrick Gold's Board of Directors.

What is Anne Kabagambe's experience relevant to Barrick Gold (GOLD)?

Kabagambe has 35 years of experience, including being a former Executive Director at the World Bank and roles at the African Development Bank.

What are the key qualifications of Anne Kabagambe?

Kabagambe holds multiple master's degrees and has extensive leadership experience in international finance and development.

How will Anne Kabagambe contribute to Barrick Gold's Board?

Her experience in global business and governance will strengthen the Board's understanding and representation.

What are the goals associated with Anne Kabagambe's appointment at Barrick Gold (GOLD)?

The goal is to enhance diversity, governance, and engagement with global markets through her extensive network and insights.

Barrick Gold Corp.

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