Common shares issued and outstanding: 1,778,068,071 as at July 30, 2020.
Effective June 15, 1992, dividends are declared in USD. All dividend payments up to and including January 15, 1992, were paid in CAD.
Shareholders with an address in Canada will be paid in CAD; shareholders with an address in Australia will be paid in AUD; all other shareholders will be paid in USD. Dividend payments paid in CAD or AUD are converted from USD at the noon rate of exchange of the Bank of Canada on the record date for the relevant dividend payment.
Registered shareholders (i.e. shares are registered with the Transfer Agent in the holder's name) may elect to change the currency of dividend payments by contacting the Transfer Agent. Shareholders who hold their shares through a broker should contact the broker through which their shares are held to determine whether they may elect to change the currency of payment and to obtain details with respect to additional fees, if any, that the broker may charge in connection with the dividend payment.
Shareholders who are residents of Canada or the United States may elect to participate in the dividend reinvestment plan (the "Plan") commencing with the dividend to be paid on September 15, 2015 to shareholders on record as of August 31, 2015. Participation in the Plan is optional and will not affect shareholders' cash dividends unless they elect to participate in the Plan. Quarterly dividends are only payable as and when declared by Barrick's Board of Directors and there is no entitlement to any dividend prior thereto.
Pursuant to recently enacted tax legislation, Canadian resident individuals who receive "eligible dividends" in 2006 and subsequent years will be entitled to an enhanced gross-up and dividend tax credit on such dividends. Barrick has designated that all dividends paid in 2006 and subsequent years by Barrick Gold Corporation and Barrick Gold Inc. (on the exchangeable shares) are "eligible dividends" for these purposes.
This note is intended to provide UK resident Scheme Shareholders with certain further information in relation to the UK capital gains tax treatment of the disposal of their Scheme Shares under the Scheme, which became effective on 17 September 2019.