The company said Karyn F. Ovelmen, age 62, Executive Vice President and Chief Financial Officer, resigned as Chief Financial Officer on July 11, 2025 and will be leaving the company. The company said her resignation was not due to any disagreement with the company on matters relating to its operations, financial statements, accounting policies or practices, or disclosures.

1. 01

   The company said Karyn F. Ovelmen, age 62, Executive Vice President and Chief Financial Officer, resigned as Chief Financial Officer on July 11, 2025 and will be leaving the company. The company said her resignation was not due to any disagreement with the company on matters relating to its operations, financial statements, accounting policies or practices, or disclosures.

2. 02

   The company said Peter Wexler, age 57, will serve as interim Chief Financial Officer from July 11, 2025 until a permanent successor is selected. The company has started a search for a permanent Chief Financial Officer. Wexler joined the company in March 2024 as Chief Legal Officer and previously served as Chief Legal Officer at Schneider Electric for 15 years.

3. 03

   Newmont said Ovelmen will receive 6 months of her current base salary and 6 months of medical insurance coverage under the separation agreement dated July 11, 2025. The agreement includes a general release of claims against the company and customary restrictive covenants. The company said Ovelmen will receive no other separation or severance benefits under its disclosed plans.

4. 04

   The company said Wexler will continue as Chief Legal Officer and will continue to participate in its standard compensation programs at the L6 level. The company said no supplemental compensation for his interim Chief Financial Officer role has been determined. Financial reporting will be supported by the company's global finance team, including Brian Tabolt and Neil Backhouse.

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