Kirkland Lake Gold Inc. AIM Rules for Companies, Rule 26 The following information is being disclosed for the purpose of AIM Rules for Companies, Rule 26, and was last updated on July 15, 2013. Description of Business A description of our business can be found on our home page www.klgold.com. Detailed information with respect to our business is contained under the heading “General Development Of The Corporation's Business” in our Annual Information Form for the year ended April 30, 2012 (“AIF”) - a copy is available here or at SEDAR www.sedar.com. Board of Directors The Board of Directors currently consists of nine directors, five of whom are independent, being Brian E. Bayley, Dawn Whittaker, Pamela Klessig, Claude Lemasson and Trevor M. Gabriel. D. Harry W. Dobson, Executive Chairman, Brian Hinchcliffe, President and CEO, John Thompson, CFO and Mark Tessier, COO, are not considered independent of the Corporation. Please see “Board of Directors” for detailed information. The Board of Directors has not adopted a written mandate or code setting out the requirements of applicable corporate and securities common and statue law which provide that the Board has responsibility of the stewardship of the Corporation. That stewardship includes responsibility for strategic planning, identification of the principal risks of our business and implementation of appropriate systems to manage these risks, succession planning (including appointing, training and monitoring senior management), communications with investors and the financial community and the integrity of our internal control and management information systems. Strategic planning and risk identification by the board is assisted by and based on information and recommendations of our senior management on a variety of matters. The Board monitors the Corporation's compliance with its timely disclosure obligations and reviews principal disclosure documents (such as prospectuses, offering memoranda, financial statements, Management's Discussion & Analysis, annual reports and annual information forms) and certain members of the Board review secondary disclosure documents (such as press releases) prior to their distribution. The Board relies on its Audit committee to annually review the systems of internal control and discuss such matters with the Company's external auditors. For more information on Board of Directors click here. Audit Committee The Audit Committee currently consists of three members, all of whom are independent directors. The members of the Committee are Trevor M. Gabriel (Chair), Brian E. Bayley, and Pamela Klessig. Management is responsible for preparing our financial statements and other financial information and for presenting the information contained in the financial statements fairly and in accordance with International Financial Reporting Standards (IFRS). Management is also responsible for establishing internal controls and procedures and for maintaining the appropriate accounting and financial reporting principles and policies designed to assure compliance with accounting standards and all applicable laws and regulations. The auditor's responsibility is to audit our financial statements and provide its opinion, based on its audit conducted in accordance with generally accepted auditing standards, whether the financial statements present fairly, in all material respects, the financial position, results of operations and cash flows of the Corporation in accordance with IFRS. The role of the Committee is principally one of oversight. Accordingly, the Committee shall: make recommendations to the Board regarding the appointment, retention and level of compensation of the Corporation's external auditor (the “auditor”); approve, in advance, all non-audit services provided to the Corporation by the auditor and the related compensation; evaluate the work of the auditor and confirm its independence; provide a means of communication between the Board, management and the auditor on matters relating to financial reporting; provide the necessary oversight over: the integrity, adequacy and timeliness of the Corporation's financial reporting and disclosure practices, including the preparation of financial statements; the processes for identifying the Corporation's principal financial risks and the control systems to monitor those risks; the Corporation's compliance with legal and regulatory requirements related to financial reporting; and perform any other activities consistent with its mandate, our constating documents and laws of general application as the Committee or Board deems necessary or desirable. The Board has adopted an Audit Committee Charter. A copy of the Charter is available here or at SEDAR www.sedar.com. Compensation Committee The Compensation Committee currently consists of three members, all of whom are independent. The members of the Committee are Pamela Klessig (Chair), Brian E. Bayley, and Trevor Gabriel. The Committee will discharge the Board's responsibilities relating to compensation of our executive officers and Directors, executive compensation disclosure and oversight of the compensation structure and benefit plans and programs. Among other things, the Committee will establish and administer our policies, programs and procedures for compensating and incentivizing its executive officers. The Board has adopted a Compensation Committee Charter. A copy of the Charter is available here or at SEDAR at www.sedar.com. Nominating & Governance Committee The Nominating & Governance Committee currently consists of four members, all of whom are independent. The members of the Committee are Dawn P. Whittaker (Chair), Pamela Klessig, Brian Bayley and Trevor Gabriel. The Committee is responsible for periodically reviewing the governance policies and practices of the Company and the Charters of the Board Committees, and recommending any changes or revisions considered advisable. The Committee will also consider and make recommendations to the Board regarding the composition and effectiveness of the Board and, for this purpose, will assess the skills and other attributes of existing Board members and, in light thereof, identify individuals believed to be qualified to be Board members and recommend to the Board candidates for appointment or election to fill new or vacant positions when appropriate. In recommending Board candidates, the Committee will consider such factors as it may determine are appropriate, including specific expertise or experience, potential conflicts of interest, personal character, diversity and outside commitments (for example, service on other boards) all in the context of the needs of the Board. The Committee advises on, and recommends processes to ensure that, suitable programs and materials for the orientation of new directors are provided and assesses the timeliness and quality of information provided by Committees of the Board and management of the Company to the Board. The Board has adopted a Nominating & Governance Committee Charter. A copy of the Charter is available here or at SEDAR at www.sedar.com. Operations Committee The Operations Committee currently consists of six members, three of whom are independent and three who are not independent directors. The members of the Committee are Claude Lemasson (Chair), Mark Tessier (Chair), Pamela Klessig, Trevor Gabriel, Brian Hinchcliffe and John Thomson. The Operations Committee is responsible for reviewing operational plans and providing independent guidance and feedback on any operational matter of strategic importance to the Company before it is presented to the Board. Health, Safety and Environmental Committee The Health, Safety and Environmental Committee currently consists of three members, one of whom, the Chair, is independent. The members of the committee are Claude Lemasson (Chair), Mark Tessier and Brian Hinchcliffe. The Health, Safety and Environmental Committee is responsible for reviewing the health and safety performance of the Company and for providing independent guidance and feedback on any matter relating to health, safety and environmental aspects of the Company's operations. Country of Incorporation and UK Shareholder Rights Our corporate constitutional documents consist of Articles of Continuance and By-laws. We are governed by the Canada Business Corporations Act. The rights of shareholders of a Canadian company trading on AIM may be different from rights of shareholders in a UK incorporated company. Share Capital The Corporation's authorized share capital is an unlimited number of common shares. As at July 1, 2013, the Corporation's issued and outstanding share capital was 70,150,912 common shares of which an aggregate of 5,046,200 shares or approximately 7% were held by our directors and officers. This is the percentage of shares not in public hands. To our knowledge, the following are our significant shareholders (>3% of our issued share capital): Name No. of Shares Percentage Sprott Asset Management LP 8,143,466 11.1% Resolute Funds Ltd. 6,350,000 9.05% Van Eck Associates Corporation 4,643,659 6.6% Columbia Wanger Asset Management 3,875,000 5.5% D. Harry W. Dobson, Insider 3,765,500 5.4% I.A. Michael Investment Counsel Ltd. 3,230,500 5.0% For more Share Information click here Kirkland Lake Gold is listed on the TSX and on AIM under the ticker "KGI". The Company's shares trade on the SEAQ platform and are included in the AIMI segment on AIM. Restrictions on Share Transfer Kirkland Lake's shares are freely transferable. Shares issued directly from treasury, however, may be subject to transfer restrictions imposed by applicable Canadian securities laws and Toronto Stock Exchange policies. If applicable, these restrictions make the shares non-transferable for a period of four months from issuance. AIM Admission Document and Notices To read our AIM Admission Document, click here All notices to AIM in the past year, click here To see our AIM Block Admission Six Monthly Return, please click here AIM Block Admission Six Monthly Returns in the past, click here Code of Ethics and Board Committee Charters To read our Code of Ethics, click here For our Audit Committee Charter, click here For our Compensation Committee Charter, click here For our Nominating & Governance Charter, click here Constitutional Documents For our Constitutional Documents (Certificate and Articles of Continuance, amendments thereto and By-Laws), click here Financial Reports For complete financial reports click here News Releases For News Releases, please click here Company Advisers Nominated Adviser: Panmure Gordon (UK) Limited One New Change, London, EC4M 9AF, United Kingdom Legal Counsel: Stikeman Elliott LLP 5300 Commerce Court West, 199 Bay Street, Toronto, ON, Canada M5L 1B9 Auditors: KPMG LLP Bay Adelaide Centre, 333 Bay Street, Suite 4600, Toronto, ON M5H 2S5 Canada Transfer Agent: Computershare Trust Company of Canada 100 University Ave., 11th Floor, Toronto ON, M5J 2Y1 E-News TSX:KGI AIM:KGI Home Corporate Profile Management Directors Contact Us Investor Information Investor Information Financial Reports Stock Performance News Releases Investor Packages Analyst Coverage Presentations AIM Admission AIM Rule 26 News & Media News Releases KL Gold in the Press Recent Developments KL Gold Photo Gallery Exploration Reserves Main Break South Mine Complex Employment Job Opportunities Mines Sites Macassa Lake Shore Teck-Hughes Wright-Hargreaves Kirkland Minerals Legal Caution Notes To U.S. Investors SEDAR AIM Rule 26 Internal e-mail Recent Quote Recent Chart London AIM WebEx Environment © 2013. 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