Who we are

Macassa Mine,
Ontario, Canada

Kirkland lake gold is focused on delivering superior value for its shareholders and cultivating a position within the mining industry as a sustainable leading gold producer.

About Us

Kirkland Lake Gold Ltd. is a growing gold company operating in Canada and Australia that produced 723,701 ounces in 2018 and is on track to increase production by approximately 30% in 2019, to 950,000 – 1,000,000 ounces. Our production profile is anchored by two of the world’s highest-grade, lowest-cost gold mining operations, the Macassa Mine located in Northern Ontario, Canada and the Fosterville Mine located in the State of Victoria, Australia. Both mines are highly profitable, generate significant cash flow and have substantial exploration potential to drive continued growth well into the future.

Supported by a strong balance sheet, our goal is to increase shareholder value by growing low-cost production at our existing assets, returning capital to shareholders and pursuing new growth opportunities.

A key driver of our success continues to be our commitment to exploration, where we have a solid track record for growing reserves and identifying new areas of high-grade gold mineralization. In support of shareholder returns, we have paid a quarterly dividend since July 2017 and have increased the dividend four times. We also have a share repurchase plan and, since mid-2017, have bought and canceled approximately 7.5 million shares. Additionally, we pursue further value creation by looking to invest in new projects, where our growing capital base and expertise can be deployed to support the development and operation of new, economically attractive gold mines.

Underlying everything we do is a commitment to sustainable production. An important component of sustainability is, at a minimum, replacing the reserves we mine in order to ensure ongoing production, investment and employment. Sustainability also involves achieving high levels of performance in safety, environmental management and community consultation and support. We work diligently with all stakeholders to ensure that Kirkland Lake Gold remains a welcome member of the communities in which we operate.

Kirkland Lake Gold
At-a-Glance

2
Countries of operation, Canada & Australia
950,000 - 1,000,000
oz of gold target production in 2019
~2,000
Employees & contractors
5
Producing mines

Corporate Presentations

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Board of Directors

Our Board of Directors has extensive experience in the mining, engineering and financial sectors, including oversight of gold mineral exploration, development and production. Learn more about the wide range of expertise that guides Kirkland Lake Gold’s decisions.

Our Leadership Team

Our leadership team is transforming Kirkland Lake Gold into one of the world’s foremost gold mining companies. They drive performance, deliver excellence and champion our corporate culture and values. Learn more about the team who inspire our company to reach the podium.

Executive Leadership

Senior Management

Directors and Mine Managers

Governance

We believe that strong governance improves corporate performance to the benefit of all stakeholders. Kirkland Lake Gold’s governance practices guide our behaviour and help ensure we act in an ethically responsible manner and uphold our corporate values. We continually review and improve our practices to achieve higher standards of corporate governance.

Board of Directors

The mandate of the Board of Directors is to oversee the management of the business and affairs of the Company. The Board discharges its responsibilities either directly or through the: Corporate Governance and Nominating Committee; Audit Committee; Compensation Committee; Health, Safety, Environment and Corporate Social Responsibility Committee; and Technical Committee. The Board is comprised of eight directors, seven of whom are independent of management.

Audit Committee

The Audit Committee is responsible for overseeing the policies and practices relating to integrity of financial and regulatory reporting, and compliance with policies and laws.

Corporate Governance & Nominating Committee

The Corporate Governance and Nominating Committee is responsible for developing the Company’s approach to, and reviewing the Company’s effectiveness with respect to, corporate governance, board composition and the effectiveness of the Board.

Compensation Committee

The Compensation Committee assists the Board in fulfilling its responsibilities relating to compensation issues. The Committee is responsible for ensuring that the Company has an executive compensation plan that is motivational and competitive to enable the Company to attract, retain and inspire management.

Health, Safety, Environment and Corporate Social Responsibility Committee

The Health, Safety, Environment and Corporate Social Responsibility Committee assists the Board in fulfilling its responsibilities with respect to health, safety, environmental, sustainable development and community development issues; as well as in managing any risks related to these issues.

Technical Committee

The Technical Committee assists the Board in fulfilling its responsibilities related to the Company’s operations and future expansion and/or development of its properties. The Technical Committee is responsible for the review of technical and operational matters.

Code of Conduct and Ethics

The Company has adopted a Code of Conduct and Ethics that is applicable to all directors, officers, employees and consultants. The Code of Conduct and Ethics embodies the commitment of Kirkland Lake Gold to conduct its business in accordance with all applicable laws, rules and regulations.

Disclosure and Confidentiality Policy

Avoiding any misrepresentation of our operations and finances is critical to our relationship with our investors. Accordingly, all disclosure must be timely, complete, accurate and balanced. The Board has adopted a Disclosure and Confidentiality Policy which includes comprehensive procedures governing, among other things, timely disclosure of material information, mineral disclosure, electronic communications, and selective disclosure.

Insider Trading Policy

The Company has established an Insider Trading Policy to prevent improper trading in securities of the Company. This policy is also intended to ensure that the directors, officers, employees and consultants of the Company act, and are perceived to act, in accordance with applicable laws and the highest standards of ethical and business conduct. This policy supplements, and does not replace, applicable securities laws in respect of insider trading.

Whistleblower Policy and Reporting

The Company’s Whistleblower Policy establishes the procedures for submitting complaints or concerns. Individuals who become aware of a violation or potential violation of the Code of Conduct and Ethics can report their concerns as follows:

The Company’s confidential, anonymous complaint reporting Confidence Line is available 24 hours a day, 7 days a week, 365 days a year

Within Canada & the US dial 1-800-661-9675
Within Australia dial 0011.80033881766

In Writing:
Chair of the Audit Committee (in confidence)
Kirkland Lake Gold Ltd
Suite 3120 – 200 Bay Street
Toronto, Ontario M5J 2J1
whistleblower@klgold.com

Anti-Bribery and Anti-Corruption Policy

The Company’s Anti-Bribery and Anti-Corruption Policy embodies the commitment for all Company directors, officers, and employees to act with integrity and in compliance when interacting with government officials, business partners, third parties and community stakeholders.

Majority Voting Policy

The Kirkland Lake Gold Board of Directors has adopted this Majority Voting Policy for future nominees for election to the Board.

Executive Compensation Clawback Policy

This Policy sets out guidelines for the potential recovery of excess incentive compensation paid to certain executives in the event the financial statements of Kirkland Lake Gold Ltd. are restated as a result of misconduct by the executive.

Position Descriptions

The Company has adopted the following position descriptions for each of the Chair of the Board, the Chief Executive Officer and the Chair of Committees.

Articles and By-Laws

The Articles and By-Laws of the Company are set out below.

Policies

Our policies express Kirkland Lake Gold’s corporate values and culture, as well as our standards and expectations of the people who work on our behalf. They guide our actions and help ensure everyone is empowered to contribute to the success of our business.

Workplace violence, harassment and discrimination policy

Kirkland Lake Gold is committed to providing an equal opportunity and safe work environment. We seek to ensure that all individuals are treated with respect and dignity, free from harassment, discrimination, bullying and retaliation.

Social Responsibility

Kirkland Lake Gold is committed to making a positive and lasting impact by creating meaningful opportunities for our employees and local suppliers and by sharing the benefits of mining with the communities in which we operate.

Health and Safety Policy

Kirkland Lake Gold is committed to providing a safe working environment for our employees, contractors, suppliers and stakeholders.

Environmental Policy

Kirkland Lake Gold is committed to integrating and promoting sustainability into all facets of our business. We are implementing responsible environmental practices and effective environmental management systems throughout our organization.