EX-2.01 2 btg-20231231xex2d01.htm EXHIBIT 2.01

Exhibit 2.01

Extractive Sector Transparency Measures Act - Annual Report

Graphic

Reporting Entity Name

B2Gold Corp.

Reporting Year

From

1/1/2023

To:

12/31/2023

Date submitted

Reporting Entity ESTMA Identification Number

E750687

Graphic Original Submission
Graphic Amended Report

Other Subsidiaries Included

(optional field)

Not Consolidated

Not Substituted

Attestation by Reporting Entity

In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.

Full Name of Director or Officer of Reporting Entity

Michael Cinnamond

Date

5/16/2024

Position Title

SVP Finance and CFO


Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2023

To:

12/31/2023

Reporting Entity Name

B2Gold Corp.

Currency of the Report

USD

Reporting Entity ESTMA
Identification Number

E750687

Subsidiary Reporting
Entities (if necessary)

Payments by Payee

Country

Payee Name

Departments, Agency, etc… within Payee that
Received Payments

Taxes

Royalties

Fees

Production Entitlemengts

Bonuses

Dividends

Infrastructure
Improvement
Payments

Total Amount paid to
Payee

Notes

Colombia

Community of Cisneros

10,000

10,000

Colombia

Community of San Roque

100,000

2,447,000

2,547,000

Provision of $1,970,000 of in-kind infrastructure improvement contributions valued at cost mainly for resettlement costs around the Community

Colombia

Community of Maceo

20,000

20,000

Colombia

Yolombo Municipality

50,000

10,000

60,000

Colombia

Government of Colombia

National Army

60,000

60,000

Colombia

Government of Colombia

National Police

60,000

60,000

Philippines

Government of Philippines

Department of Environment and Natural Resources

Mines and Geosciences Bureau

20,000

2,570,000

2,590,000

Infrastructure Improvement Payments includes $2,570,000 of in-kind contributions valued at cost related to Social

Development and Management Program ("SDMP") expenditures for various community programs

Philippines

Puro Barangay

130,000

360,000

490,000

Infrastructure Improvement Payments includes $360,000 of in-kind contributions valued at cost related to Social Development and Management Program ("SDMP") expenditures for various community programs.

Barangay is the smallest unit of administrative division in the Philippines, the closest approximate translation of Barangay in

English would be neighbourhood, or community or village.

Philippines

Municipality of Aroroy

Municipal Treasurer of Aroroy

3,140,000

20,000

3,160,000

Philippines

City of Makati

City Treasury of Makati

140,000

40,000

180,000

Philippines

Government of Philippines

Bureau of Customs

600,000

60,000

660,000

Philippines

Government of Philippines

Bureau of Internal Revenue

23,230,000

14,770,000

38,000,000

Philippines

Province of Masbate

Provincial Treasurer of Masbate

840,000

840,000

Mali

Community of Kenieba

550,000

550,000

Mali

Government of Mali

Department of Customs

83,660,000

83,660,000

Mali

Government of Mali

Department of Land

54,240,000

53,150,000

107,390,000

Mali

Government of Mali

Tax Department of Major Enterprises

113,250,000

21,450,000

5,820,000

5,910,000

146,430,000

Mali

Government of Mali

National Department for Trade and Competition

2,080,000

2,080,000

Mali

Town of Kenieba

Tax Department of Kenieba

5,580,000

5,580,000

Namibia

Government of Namibia

Ministry of Finance Customs & Excise

4,210,000

250,000

4,460,000

Namibia

Government of Namibia

Ministry of Finance Receiver of Revenue

65,720,000

65,720,000

Namibia

Government of Namibia

Ministry of Mines and Energy

9,650,000

10,000

9,660,000

Canada

Government of Canada

480,000

480,000

Canada

Government of Nunavut

330,000

330,000

Canada

Kitikmeot Inuit Association

1,280,000

1,280,000

Additional Notes:

Note 1:

All payments have been reported in B2Gold's Reporting Currency which is in US dollars. Payments denominated in currencies other than USD are translated at the exchange rate at the date of the transaction with the following exchange rate ranges:

Canada: translated at exchange rates between CAD/USD 0.7203393 and 0.7617057
Colombia: translated at exchange rates between COP/USD 0.0002002 and 0.0002886
Namibia: translated at exchange rates between NAD/USD 0.0505612 and 0.0594847
Mali: translated at exchange rates between CFA/USD 0.0015936 and 0.0017137
Philippines: translated at exchange rates between PHP/USD 0.0175097 and 0.0186303

Note 2:

Payments under the 'Fees' column mostly relate to Import Fees and Duties paid for the importation of goods used for mining. The Act does not require disclosure of consumption taxes, however the Company has opted to classify and disclose these payments as Fees as they can be interpreted as such.


Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2023

To:

12/31/2023

Reporting Entity Name

B2Gold Corp.

Currency of the Report

USD

Reporting Entity ESTMA
Identification Number

E750687

Subsidiary Reporting Entities (if
necessary)

Payments by Project

Country

Project Name

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid by Project

Notes

Colombia

Gramalote

150,000

-

-

-

-

-

2,607,000

2,757,000

Provision of $1,970,000 of in-kind infrastructure improvement contributions valued at cost mainly for resettlement costs around the Community

Philippines

Masbate

28,080,000

14,770,000

140,000

-

-

-

2,930,000

45,920,000

Infrastructure Improvement Payments includes $2,570,000 of in-kind contributions valued at cost related to Social Development and Management Program ("SDMP") expenditures for various community programs

Mali

Fekola

118,660,000

75,690,000

82,350,000

-

-

59,060,000

550,000

336,310,000

Mali

Fekola Regional

170,000

-

9,210,000

-

-

-

-

9,380,000

Namibia

Otjikoto

65,720,000

13,860,000

260,000

-

-

-

-

79,840,000

Canada

Back River

-

-

2,090,000

-

-

-

-

2,090,000

Additional Notes:

Note 1:

All payments have been reported in B2Gold's Reporting Currency which is in US dollars. Payments denominated in currencies other than USD are translated at the exchange rate at the date of the transaction with the following exchange rate ranges:

Canada: translated at exchange rates between CAD/USD 0.7203393 and 0.7617057
Colombia: translated at exchange rates between COP/USD 0.0002002 and 0.0002886
Namibia: translated at exchange rates between NAD/USD 0.0505612 and 0.0594847
Mali: translated at exchange rates between CFA/USD 0.0015936 and 0.0017137
Philippines: translated at exchange rates between PHP/USD 0.0175097 and 0.0186303

Note 2:

Payments under the 'Fees' column mostly relate to Import Fees and Duties paid for the importation of goods used for mining. The Act does not require disclosure of consumption taxes, however the Company has opted to classify and disclose these payments as Fees as they can be interpreted as such.