GOLD FIELDS LIMITED - Gold Fields provides clarification on media reports related to Tarkwa mining lease renewal process

Gold Fields provides clarification on media reports related to Tarkwa mining lease renewal process

Gold Fields Limited
Reg. No. 1968/004880/06)
Incorporated in the Republic of South Africa)
JSE, NYSE, DIFX Share Code: GFI
ISIN Code:ZAE000018123
("Gold Fields" or the "Company")

GOLD FIELDS PROVIDES CLARIFICATION ON MEDIA REPORTS RELATED TO THE
TARKWA MINING LEASE RENEWAL PROCESS

Gold Fields notes recent media reports referencing the process currently
underway with the Government of Ghana with respect to the renewal of the
Tarkwa mining leases.

The Company confirms, as previously announced, that Gold Fields Ghana
Limited (GFGL), a 90% held subsidiary of Gold Fields and the holding
company for the Tarkwa mine submitted an early application for the five
Tarkwa mining leases that are due for renewal in April 2027, consistent
with the agreement reached with the Government of Ghana in April 2025.
Subsequent to this submission in November 2025, Gold Fields has held
several engagements with the Government of Ghana, with the discussions
now focusing on the terms of the mining lease renewals. The outcome,
timing and terms of the lease renewals remain the subject of these ongoing
engagements with the Government of Ghana.

Gold Fields remains committed to both the Tarkwa mine and its continued
operation in Ghana. Given the Company's experience of delivering safe and
responsible mining operations, employment creation and partnerships in
Ghana, together with its global technical expertise and investment
capacity, Gold Fields believes it is well positioned, subject to the
outcome of the renewal process, to continue operating and growing the
Tarkwa mine beyond the current life of mine, creating shared value for
both Ghana and Gold Fields.

The Company will provide further updates on the Tarkwa lease renewals
should there be any material developments.

ENDS

For investor enquiries, contact:
Jongisa Magagula
Tel: +27 11 562 9775
Email: Jongisa.Magagula@goldfields.com

For media enquiries, contact:
Kershnee Govender
Tel: +27 11 562 9700
Email: Kershnee.Govender@goldfields.com

22 June 2026

Sponsor:
J.P. Morgan Equities South Africa (Pty) Ltd
Forward-looking statements
This announcement contains forward-looking statements within the meaning
of the "safe harbour" provisions of the Private Securities Litigation
Reform Act of 1995. All statements other than statements of historical
fact included in this announcement may be forward-looking statements.
Forward-looking statements may be identified by the use of words such as
"aim",  "anticipate",   "will",  "would",   "expect",  "may",   "could",
"believe", "target", "estimate", "project" and words of similar meaning.

These forward-looking statements, including among others, those relating
to Gold Fields' future business strategy, development activities and other
initiatives, anticipated benefits of acquisitions or joint ventures,
ability to successfully renew, extend and/or retain mining rights,
licences or other interests (including the five Tarkwa mining leases and
Development Agreement expiring in April 2027), including the satisfaction
of the conditions of such licences or other interests, ability to conclude
divestments on favourable terms (if at all), business prospects, financial
positions, production and operational guidance, climate and ESG-related
statements, targets and metrics, are necessary estimates reflecting the
best judgement of the senior management of Gold Fields and involve a
number of risks and uncertainties that could cause actual results to
differ materially from those suggested by the forward-looking statements.
By their nature, forward-looking statements involve risk and uncertainty
because they relate to future events and circumstances and should be
considered in light of various important factors, including those set
forth in Gold Fields' Integrated Annual Report 2025 filed with the
Johannesburg Stock Exchange and the Annual Report on Form 20-F filed with
the United States Securities and Exchange Commission (SEC) on 30 March
2026 (SEC File no. 001-31318). Readers are cautioned not to place undue
reliance on such statements. These forward-looking statements speak only
as of the date they are made. Gold Fields undertakes no obligation to
update publicly or release any revisions to these forward-looking
statements to reflect events or circumstances after the date of this
announcement or to reflect the occurrence of unanticipated events. These
forward-looking statements have not been reviewed or reported on by the
Company's external auditors.

Date: 22-06-2026 11:45:00
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