B2Gold Announces Voting Results from its 2025 Annual General and Special Meeting

Rhea-AI Summary

B2Gold (NYSE: BTG) held its Annual General and Special Meeting on June 19, 2025, with strong shareholder participation of 65.42% of outstanding shares (864,407,409 shares voted). All ten director nominees were successfully elected to the board, with voting results showing strong support for most candidates. Notable results include Thabile Makgala receiving the highest support with 792,134,499 votes in favor, while Kelvin Dushnisky received relatively lower support with 606,644,165 votes in favor and 189,662,587 votes withheld. Shareholders strongly approved the appointment of PricewaterhouseCoopers LLP as auditor with 96.60% approval, and the Advisory Vote on Executive Compensation passed with 93.23% support.

Positive

• High shareholder participation rate of 65.42% demonstrates strong engagement
• Strong approval ratings for most board nominees with over 90% support
• Overwhelming support (96.60%) for PricewaterhouseCoopers LLP as auditor
• Strong endorsement (93.23%) of executive compensation approach

Negative

• Significant votes withheld (189,662,587) for director nominee Kelvin Dushnisky, indicating some shareholder concerns

VANCOUVER, British Columbia, June 20, 2025 (GLOBE NEWSWIRE) -- B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) (“B2Gold” or the “Company”) is pleased to announce the voting results from its Annual General and Special Meeting of Shareholders (the “Meeting”) held on Thursday, June 19, 2025. A total of 864,407,409 common shares were voted at the Meeting, representing 65.42% of the votes attached to all outstanding common shares.

Shareholders voted overwhelmingly in favour of all items of business before the Meeting. The ten director nominees listed in B2Gold’s Management Information Circular (the “Circular”) dated May 2, 2025, were elected as directors of B2Gold to hold office for the ensuing year or until their successors are elected or appointed. Detailed results of the vote for each director are set out below:

Name	Total Votes in Favour	Total Votes Withheld
Gregory Barnes	791,120,148	5,186,604
Kevin Bullock	787,025,110	9,281,643
Kelvin Dushnisky	606,644,165	189,662,587
Clive Johnson	755,333,955	40,972,797
Liane Kelly	789,718,983	6,587,770
Jerry Korpan	785,018,977	11,287,775
Thabile Makgala	792,134,499	4,172,253
Basie Maree	792,048,992	4,257,760
Lisa Pankratz	789,377,863	6,928,890
Robin Weisman	780,638,556	15,668,197

The resolutions to appoint PricewaterhouseCoopers LLP as auditor of the Company was approved with 96.60% of votes cast in favour.

The resolution regarding the Advisory Vote on the Company’s approach to Executive Compensation was approved with 93.23% of votes cast in favour.

A report on all items of business voted on at the Meeting has been filed on Sedar+ at www.sedarplus.com.

About B2Gold

B2Gold is a responsible international senior gold producer headquartered in Vancouver, Canada. Founded in 2007, today, B2Gold has operating gold mines in Mali, Namibia and the Philippines, the Goose Project under construction in northern Canada and numerous development and exploration projects in various countries including Mali, Colombia and Finland.

ON BEHALF OF B2GOLD CORP.

“Clive T. Johnson”
President & Chief Executive Officer

The Toronto Stock Exchange and NYSE American LLC neither approve nor disapprove the information contained in this news release.

Source: B2Gold Corp.

For more information on B2Gold please visit the Company website at www.b2gold.com or contact:

Michael McDonald
VP, Investor Relations & Corporate Development
+1 604-681-8371
investor@b2gold.com

Cherry DeGeer
Director, Corporate Communications
+1 604-681-8371
investor@b2gold.com  

FAQ

What was the voter turnout at B2Gold's 2025 Annual General Meeting?

The voter turnout was 864,407,409 common shares, representing 65.42% of all outstanding common shares.

Who received the highest and lowest support among BTG's director nominees?

Thabile Makgala received the highest support with 792,134,499 votes in favor, while Kelvin Dushnisky received the lowest with 606,644,165 votes in favor and 189,662,587 votes withheld.

What was the voting result for B2Gold's executive compensation approach?

The advisory vote on executive compensation was approved with 93.23% of votes cast in favor.

Who was appointed as B2Gold's auditor and what was the approval rate?

PricewaterhouseCoopers LLP was appointed as auditor with 96.60% of votes cast in favor.

How many directors were elected to B2Gold's board in the 2025 meeting?

Ten directors were elected to B2Gold's board at the 2025 Annual General and Special Meeting.