Newmont Corporation (NYSE: NEM, ASX: NEM, PNGX: NEM) has appointed Brian Tabolt as Chief Financial Officer, Mark Rodgers as Chief Operating Officer, and David Thornton as Chief Technical Officer, effective July 1, 2026. The appointments are part of a strategic move to shape the company's go-forward Executive Leadership Team under President and Chief Executive Officer Natascha Viljoen. Additionally, David Fry has been promoted to Executive Vice President, Project Development, emphasizing the importance of disciplined project execution as Newmont advances its growth opportunities.

Executive Appointments

The new leadership structure is designed to enhance alignment across the company's global operations, finance, and technical disciplines. Natascha Viljoen stated that the appointments reflect the depth of leadership talent within Newmont and the capabilities needed to strengthen performance and advance its world-class portfolio with discipline and pace.

Leadership Profiles

Strategic Impact

Brian Tabolt will lead the global finance organization, bringing extensive experience in financial oversight, capital allocation, and integrated planning. Mark Rodgers will oversee Newmont's operating portfolio, including 12 operating sites, focusing on health, safety, and environmental alignment. David Thornton will lead Technical Services, covering exploration, asset management, and digital innovation. David Fry's promotion highlights the company's focus on delivering high-return projects across mining, energy, and infrastructure sectors.

These leadership changes position Newmont to improve performance, maintain cost discipline, and deliver long-term value for shareholders and stakeholders.

Newmont Corporation has acquired a significant equity position in LunR Royalties Corp. through a dividend-in-kind distribution from Lundin Gold Inc. The transaction resulted in Newmont beneficially owning 16,099,564 common shares, representing approximately 13.32% of the issued and outstanding common shares of LunR on a non-diluted basis. This strategic stake was obtained without any cash consideration by Newmont or its subsidiaries.

Transaction Details

The distribution originated from Lundin Gold's prior acquisition of 50,505,051 common shares of LunR as consideration for a life-of-mine silver stream on the Fruta del Norte mine in Ecuador. Under a distribution agreement dated April 2, 2026, Lundin Gold agreed to distribute these Consideration Shares to its registered shareholders. On May 28, 2026, Lundin Gold declared a special dividend-in-kind, payable on June 11, 2026, to shareholders of record at the close of business on June 4, 2026. Newmont's wholly owned indirect subsidiary received its allocation as part of this process.

Ownership and Intent

Newmont currently holds the Common Shares for investment purposes. The company stated it will continue to evaluate its investment in LunR and may increase or decrease its shareholdings through market transactions or private agreements, subject to applicable securities laws. The acquisition aligns with Newmont's strategy to manage its portfolio based on market conditions and other circumstances.

Regulatory Compliance

This disclosure is being issued pursuant to the early warning provisions of Canadian securities legislation. Newmont intends to file an early warning report in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. Interested parties can obtain a copy of the report by contacting Newmont Investor Relations.

LunR Royalties Corp. is listed on the Toronto Stock Exchange, while Newmont Corporation is listed on the NYSE, ASX, and PNGX.