• 
  Transaction creates a top-4 global gold major with a diversified portfolio of high-quality, long-life assets with tangible near and long-term growth opportunities
  
• 
  Strengthened financial and operational capacity with complementary cash flow and growth profiles
  
• 
  Combined Group will be headquartered in
  
  Johannesburg
  
  with operations across
  
  South Africa
  
  ,
  
  Ghana
  
  ,
  
  Australia
  
  ,
  
  Canada
  
  and
  
  South America
  
  
• 
  All-share offer by Gold Fields at an Exchange Ratio of 0.6 Gold Fields Consideration Shares for each Yamana share implying a valuation for Yamana of
  
  US$6.7 billion
  
  

JOHANNESBURG


,


May 31, 2022


/PRNewswire/ — Gold Fields Limited (JSE, NYSE: GFI) (“Gold Fields”) and Yamana Gold Inc. (TSX:YRI) (NYSE:AUY) (LSE:AUY) (“Yamana”), today announced that they have entered into a definitive agreement (the “Arrangement Agreement”), under which Gold Fields will acquire all of the outstanding common shares of Yamana (“Yamana Shares”) pursuant to a plan of arrangement (the “Transaction”).

A full media release is available on the company website:


www.goldfields.com

For more information, please contact:

Gold Fields Investors



Avishkar Nagaser, EVP, Investor Relations and Corporate Affairs

Tel: +27 11 562 9775

Mobile: +27 82 312 8692

Email:

[email protected]

Thomas Mengel, Manager, Investor Relations

Tel: +27 11 562 9849

Mobile: +27 72 493 5170

Email:

[email protected]

Gold Fields Media




Sven

Lunsche

, Vice President Corporate Affairs


Tel: +27 11 562 9763

Mobile: +27 83 2609279

Email:

[email protected]

Investors



BofA Securities (Financial advisor to Gold Fields)



Ben Davies

/

Peter Surr

/

Christos Tomaras

/

Anthony Knox


Tel: +44 20 7628 1000

Media



Brunswick Group (Communications advisor to Gold Fields)




Johannesburg


: Timothy Schultz

Tel: +27 82 309 2497



London


: Pip Green /

Nick Bias

/

Tom Pigott


Tel: +44 20 7404 5959



North America


:

Emily Levin

/

Nikki Ritchie


Tel: +1 202 617 8582 / Tel: +1 845 682 9850

Yamana Gold





Gerardo Fernandez

, SVP, Corporate Development and Investor Relations


Tel: 416-815-0220

Mobile: +1 888 809 0925

Email:

[email protected]

FTI Consulting (UK Public Relations / Communications advisor to Yamana)



Sara Powell

/

Ben Brewerton


Tel: +44 7931 765 223 / +44 203 727 1000

Email:

[email protected]

View original content:

https://www.prnewswire.com/news-releases/gold-fields-to-acquire-yamana-gold–a-combination-for-long-term-value-creation-focused-on-quality-growth-financial-discipline-and-shareholder-returns-301557649.html

SOURCE Gold Fields Limited