B2gold Corp. · TSX:BTO
B2gold — Fact Sheet (February 2026)
12 slides from B2gold's fact sheet, February 2026
Slide 1: A Responsible International Gold Producer
Q1 2026 A RESPONSIBLE INTERNATIONAL GOLD PRODUCER TSX BTO NYSE AMERICAN BTG NSX B2G
Slide 2: B2Gold is an international gold producer headquartered in Vancouver
B2Gold is an international gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Canada, Mali, Namibia and the Philippines and numerous development and exploration projects in various countries including Mali, Colombia and Finland. BACK RIVER GO
Slide 3: Strong & Robust Production Profile
STRONG & ROBUST PRODUCTION PROFILE GOLD PRODUCTION (Koz) 1,200 1,047 1,061 1,041 1,028 1,000 980 980 820-970 954 800 805 631 1 600 550 493 400 200 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025A4 2026E Nicaragua2,3 Goose Masbate Otjikoto Fekola Guidance Range 1. Includes 79,243 oz during the
Slide 4: 2026 Guidance and 2026 Catalysts & Opportunities
2026 GUIDANCE 820 koz – 970 koz Projected 2026 gold production $1,155 – $1,280 / oz Projected 2026 cash operating costs1,2 $2,400 – $2,580 / oz Projected 2026 AISC1,2 ~$73M Projected 2026 Total Exploration Spend 1. Non-IFRS Measure. Refer to “Non-IFRS Measures” on page 9. 2. AISC estimates are based
Slide 5: Corporate Strategy, Corporate Structure, Analyst Coverage
CORPORATE STRATEGY CORPORATE STRUCTURE Maintain the highest standards of SNAPSHOT as of February 25, 2026 SHAREHOLDERS4 responsible mining, government relationships, Health, Safety and TSX: BTO NYSE AMERICAN: BTG Institutional Environment stewardship and Corporate Share Price C$8.46 Social Responsib
Slide 6: Zero LTIs: Health and Safety Performance
HEALTH AND SAFETY PERFORMANCE 2025 CONSOLIDATED HIGHLIGHTS1 LTIFR TRIFR Severity Rate Masbate Fekola 0.09 0.35 3.80 ZERO LTIs ZERO LTIs Lost time injury Total recordable Lost time + 2,602 days (+7 years) 688 days (+2 year) frequency rate injury frequency rate restricted workdays +45.7 million hours
Slide 7: ESG | Raising the Bar
ESG | RAISING THE BAR DEVELOPMENT CLIMATE RISK MANAGEMENT WATER RISK MANAGEMENT RENEWABLE ENERGY th annual Climate Strategy 5 onducted Water Risk C ekola solar plant – one of the F and reduce HFO consumption Report to be published Assessment largest off-grid hybrid HFO/solar by 3.4 m litres per year
Slide 8: Operations
OPERATIONS FEKOLA MINE MASBATE MINE OTJIKOTO MINE GOOSE MINE FEKOLA MINE MASBATE MINE OTJIKOTO MINE GOOSE MINE GOLD Q4 2025 163,720 49,900 50,793 38,616 PRODUCTION (oz) FY 2025 530,769 196,526 199,139 53,1701 CASH OPERATING Q4 2025 642 813 716 1,066 COSTS2,3 ($/oz) FY 2025 772 813 658 1,066 Q4 2025
Slide 9: Development
DEVELOPMENT GOOSE MINE OPPORTUNITIES oose Mine crushing circuit study to be finalized in near-term G ork continues on the Goose Mine optimization study, including W the potential installation of a SAG mill to be paired in conjunction with the existing 4,000 tpd ball mill, which could expand mill thr
Slide 10: Exploration
EXPLORATION BACK RIVER | NUNAVUT, CANADA BUDGET $46M | PROGRAM 30,000 meters Ongoing focus on enhancing and growing the significant resource base. Significantly increased budget for regional targets of George, Boulder, Boot, Del, and Needle will include 12,800 m of diamond drilling. FEKOLA COMPLEX1
Slide 11: Executives, Directors, Contact
EXECUTIVES DIRECTORS CONTACT Clive T. Johnson Eduard Bartz Dan Moore Kelvin Dushnisky, Chair Michael McDonald President, CEO and Director VP, Taxation and VP, Operations VP, Investor Relations, Clive T. Johnson External Reporting John Rajala Corporate Development and Treasury Mike Cinnamond SVP, Fin
Slide 12: B2Gold Corp.
B2GOLD CORP. Park Place, Suite 3400 – 666 Burrard Street Vancouver, British Columbia, Canada V6C 2X8 PHONE +1 604-681-8371 TOLL FREE +1 800-316-8855 FAX +1 604-681-6209 www.b2gold.com