Gold Fields is a business with quality operations that are run by talented and dedicated people, who care deeply about the work they do and are committed to delivering value for all of our stakeholders. I joined Gold Fields on 1 January 2024 and since then, I have had the opportunity to visit most of our operations and meet with our teams from across the globe.

I am pleased to report that for the year ended 31 December 2023, Gold Fields delivered on its original cost guidance despite operational challenges and persistent inflationary headwinds facing the industry. Group attributable production for the year, excluding Asanko, was 2.244m gold-equivalent ounces (Moz) was 99.7% of the guided range of 2.250Moz – 2.300Moz while Group all-in sustaining costs (AISC) at US$1,295/oz were better than the guided range of between US$1,300/oz and US$1,340/oz, as weaker exchange rates provided some reprieve to the inflationary pressures. Group all-in costs (AIC) were US$1,512/oz, also within the guided range of US$1,480/oz – US$1,520/oz.