INVESTOR DAY 2026 Back River Gold District 72 Producing B2GOLD CORP Royalty rate ramps up in stages at Goose 0.7% NSR royalty rate until the receipt of C$5 million of royalty revenue, declining to 0.35% thereafter, on all gold produced from startup through to the cumulative production of 400,000 ounces; 2.5% GSR royalty rate on all gold produced after the cumulative production of 400,000 ounces up to a cumulative total of approx. 780,000 ounces; and 3.3% GSR royalty rate on all production above cumulative production of approximately 780,000 ounces. 0.7% NSR 2.5% G SR 3.3% G SR Goose