Gold Fields issues GISTM conformance reports for priority TSFs

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 ISSUES GISTM CONFORMANCE REPORTS FOR PRIORITY TSFs

Johannesburg, 3 August 2023: Gold Fields Limited (Gold Fields) (JSE, NYSE:
GFI) has today released two Annual Tailings Disclosure reports for its
Tarkwa and Cerro Corona mines in Ghana and Peru, detailing their level of
conformance against the Global Industry Standard on Tailings Management
(GISTM).

Gold Fields has four priority Tailings Storage Facilities (TSFs): three
with a ‘Very High’ consequence classification at its Tarkwa mine in Ghana
and one, with an ‘Extreme’ consequence classification, at its Cerro Corona
mine in Peru.

The release of these reports aligns with Gold Fields’ commitments in terms
of the GISTM and eliminating harm to people and the environment, as well as
its commitment as a member of the International Council on Mining & Metals
(ICMM) to disclose its level of GISTM conformance for priority TSFs by 5
August 2023.

The disclosure reports, which are available on the Gold Fields website at
www.goldfields.com, show that all four of the company’s priority TSFs
partially conform to the GISTM. The Standard sets a high bar and contains
77 requirements integrating social, environmental, local economic and
technical considerations.

“Gold Fields fully supports the Standard and what is planned to be
achieved. Over the last three years, our teams have worked tirelessly to
ensure that the four TSFs conform to the high standards set by the GISTM.
During this time, we have also made considerable progress in implementing
the Standard at our 33 remaining TSFs,” says Martin Preece, Interim CEO of
Gold Fields

While Gold Fields has successfully addressed all elements related to
material dam safety and the environment, it has also identified areas for
further improvement, particularly in community engagement and consultation
and addressing human rights risks with respect to emergency response and
preparedness. “We have conducted internal and external third-party reviews
to measure our conformance and acknowledge that we have not yet fully
addressed all requirements,” says Preece.

“We are encouraged to see the transformative improvements in tailings
management, engineering, governance and monitoring across the mining
industry, and we have valued the collaboration with stakeholders and peers
in openly sharing our experiences, expertise and lessons learned,” he adds.

The GISTM, as a newly introduced governance and management standard,
represents a significant positive step towards raising the standards in
tailings management globally, and Gold Fields remains committed to the
Standard and the ideals it has set out to achieve.
Investor Enquiries

Thomas Mengel

Tel      +27 11 562 9849

Mobile         +27 72 493 5170

Email Thomas.Mengel@goldfields.com



Media Enquiries

Sven Lunsche

Tel      +27 11 562 9763

Mobile         +27 83 260 9279

Email Sven.Lunsche@goldfields.com



Notes to editors

About Gold Fields

Gold Fields Limited is a globally diversified gold producer with nine
operating mines in Australia, Peru, South Africa, and West Africa (including
the Asanko Joint Venture), one project in Chile and one project in Canada.
We have total attributable annual gold-equivalent production of 2.34Mo,
attributable gold-equivalent Mineral Reserves of 48.6Moz and gold Mineral
Resources of 111.8Moz. Our shares are listed on the Johannesburg Stock
Exchange (JSE) and our American depositary share trade on the New York Stock
Exchange (NYSE).



Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd

Date: 03-08-2023 04:11:00
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