GOLD: $1789.12 TSX-BTO: $5.29 NYSE AMERICAN-BTG: $4.19 CONTACT US CORPORATE PROJECTS INVESTORS NEWS RESPONSIBLE MINING CAREERS INVESTMENT HIGHLIGHTS COMPETITIVE ADVANTAGE DRAMATIC PROJECTION GROWTH CAPITAL STRUCTURE ANALYST COVERAGE MANAGEMENT PROJECT PROFILE B2Gold Competitive Advantage Dramatic Projected Growth Share Capital(1) TOTAL SHARES ISSUED AND OUTSTANDING 1,051,791,278 DIRECTORS AND MANAGEMENT 16,147,162 STOCK OPTIONS 16,294,870 RESTRICTED SHARE UNITS 4,334,570 TOTAL SHARES DILUTED 1,074,216,424 MARKET CAPITALIZATION (BASIC)(2) $5,984,692,372 MARKET CAPITALIZATION (DILUTED)(3)(4) $6,112,291,453 (1)APPROXIMATE FIGURES ARE AS OF MARCH 8, 2021 (2)BASED ON THE SHARES CURRENTLY ISSUED X THE CLOSING PRICE OF B2GOLD SHARES OF CDN$5.69 PER SHARE ON MARCH 8, 2021 (3)BASED ON THE DILUTED SHARES X THE CLOSING PRICE OF B2GOLD SHARES OF CDN$5.69 PER SHARE ON MARCH 8, 2021 (4)DOES NOT INCLUDE ANY ASSUMED CONVERSION OF THE COMPANY'S CONVERTIBLE SENIOR SUBORDINATED NOTES The following firms are covering B2Gold and have issued reports: COMPANY ANALYST BOFA SECURITIES MICHAEL JALONEN BMO CAPITAL MARKETS BRIAN QUAST CANACCORD GENUITY CORP. (CANADA) CAREY MACRURY CIBC CAPITAL MARKETS ANITA SONI CORMARK SECURITIES INC. RICHARD GRAY EIGHT CAPITAL RALPH PROFITI HAYWOOD SECURITIES INC. GEORDIE MARK STIFEL GMP INGRID RICO JP MORGAN TYLER LANGTON M PARTNERS BEN PIRIE NATIONAL BANK OF CANADA FINANCIAL MARKETS DON DEMARCO PI FINANCIAL CORP. JUSTIN STEVENS RAYMOND JAMES LTD FAROOQ HAMED RBC DOMINION SECURITIES INC. JOSH WOLFSON SCOTIA GLOBAL BANKING & MARKETS OVAIS HABIB TD SECURITIES INC. STEVEN GREEN Management CLIVE T. JOHNSON - PRESIDENT, CHIEF EXECUTIVE OFFICER & DIRECTOR ROGER RICHER - EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL & SECRETARY MIKE CINNAMOND - SENIOR VICE PRESIDENT, FINANCE & CHIEF FINANCIAL OFFICER TOM GARAGAN - SENIOR VICE PRESIDENT, EXPLORATION DENNIS STANSBURY - SENIOR VICE PRESIDENT, ENGINEERING & PROJECT EVALUATIONS WILLIAM LYTLE - SENIOR VICE PRESIDENT, OPERATIONS IAN MACLEAN - VICE PRESIDENT, INVESTOR RELATIONS DALE CRAIG - VICE PRESIDENT, OPERATIONS EDUARD BARTZ - VICE PRESIDENT, TAXATION & EXTERNAL REPORTING BRIAN SCOTT - VICE PRESIDENT, GEOLOGY & TECHNICAL SERVICES JOHN RAJALA - VICE PRESIDENT, METALLURGY NEIL REEDER - VICE PRESIDENT, GOVERNMENT RELATIONS DANA ROGERS - VICE PRESIDENT, FINANCE RANDY REICHERT - VICE PRESIDENT, OPERATIONS RANDALL CHATWIN - VICE PRESIDENT, ASSOCIATE GENERAL COUNSEL Directors CLIVE T. JOHNSON - PRESIDENT & CHIEF EXECUTIVE OFFICER & DIRECTOR ROBERT CROSS - CHAIRMAN ROBERT GAYTON JERRY KORPAN BONGANI MTSHISI KEVIN BULLOCK GEORGE JOHNSON ROBIN WEISMAN LIANE KELLY Mine & Project Locations CLICK THE MAP BELOW TO VIEW OUR PROJECTS Summary of Mineral Reserve & Mineral Resource Estimates Mineral Reserves are reported from pit designs and underground stope designs based on Indicated Mineral Resources. Mineral Resources are reported inclusive of those Mineral Resources that have been converted to Mineral Reserves. Economic parameters such as mining costs, processing costs, metallurgical recoveries and geotechnical considerations have been applied to determine economic viability of the Mineral Reserves based on a gold price of US$1,500 per ounce (“/oz”). Mineral Reserves contained in stockpiles that meet the project-specific Mineral Reserve cut-off grades are also included for the Fekola Mine, the Masbate Gold Project and the Otjikoto Mine. Mineral Resources amenable to open pit mining are constrained with conceptual pit shells defined by economic parameters and using a gold price of US$1,800/oz, except where otherwise noted. Mineral Resources amenable to underground mining methods are reported above cut-off grades defined by site operating costs and using a gold price of US$1,800/oz. Mineral Resources contained in stockpiles that meet the project-specific cut-off grades are also included for the Fekola Mine, the Masbate Gold Project and the Otjikoto Mine. Gold grades are expressed in grams per tonne of gold (“g/t Au”). Except where stated otherwise, Mineral Reserve and Mineral Resource estimates for our operating mines have been updated to account for mining depletion, using topographic surfaces as of December 31, 2020. These Mineral Reserve and Mineral Resource estimates are reported by project/mine on both a 100% project basis reflecting the total Mineral Resources and Mineral Reserves and the applicable project specific attributable basis reflecting our ownership interest (details in table footnotes below). Probable Mineral Reserves Statement Country Mine or Project 100% Project Basis Attributable Ownership Basis Tonnes (x 1,000) Gold Grade (g/t Au) Contained Gold Ounces (x 1,000) Ownership Percentage (%) Tonnes (x 1,000) Gold Grade (g/t Au) Contained Gold Ounces (x 1,000) Mali Fekola 69,500 1.89 4,220 80 55,600 1.89 3,380 Philippines Masbate 84,000 0.80 2,170 100 84,000 0.80 2,170 Namibia Otjikoto 13,800 1.77 790 90 12,400 1.77 710 Total Probable Mineral Reserves (includes stockpiles) 7,180 6,260 Notes: (Click to expand) Indicated Mineral Resource Statement Country Mine or Project 100% Project Basis Attributable Ownership Basis Tonnes (x 1,000) Gold Grade (g/t Au) Contained Gold Ounces (x 1,000) Ownership Percentage (%) Tonnes (x 1,000) Gold Grade (g/t Au) Contained Gold Ounces (x 1,000) Mali Fekola 117,100 1.51 5,700 80 93,700 1.51 4,560 Philippines Masbate 136,400 0.81 3,540 100 136,400 0.81 3,540 Namibia Otjikoto 43,800 1.00 1,400 90 39,400 1.00 1,260 Burkina Faso Kiaka 200,400 0.84 5,380 81 162,300 0.84 4,360 Colombia Gramalote 173,400 0.73 4,060 50 86,700 0.73 2,030 Total Indicated Mineral Resources (includes Stockpiles) 20,900 15,760 Inferred Mineral Resource Statement Country Mine or Project 100% Project Basis Attributable Ownership Basis Tonnes (x 1,000) Gold Grade (g/t Au) Contained Gold Ounces (x 1,000) Ownership Percentage (%) Tonnes (x 1,000) Gold Grade (g/t Au) Contained Gold Ounces (x 1,000) Mali Fekola 13,900 1.15 510 80 11,100 1.15 410 Anaconda Area 21,600 1.11 770 85 18,300 1.11 650 Cardinal 13,000 1.54 640 80 10,400 1.54 510 Philippines Masbate 31,600 0.79 800 100 31,600 0.79 800 Namibia Otjikoto 12,300 1.36 540 90 11,000 1.36 480 Burkina Faso Kiaka 57,100 0.69 1,260 81 46,300 0.69 1,020 Colombia Gramalote 58,200 0.59 1,100 50 29,100 0.59 550 Total Inferred Mineral Resources 5,620 4,440 Notes: (Click to expand) © 2015 B2Gold. All rights reserved. LEGAL | SITE MAP Designed and Powered by BLENDER