Gold Fields to Acquire Yamana Gold - A Combination for Long-Term Value Creation Focused on Quality Growth, Financial Discipline and Shareholder Returns

JOHANNESBURG, May 31, 2022 /CNW/ -- Gold Fields Limited (JSE, NYSE: GFI) ("Gold Fields") and Yamana Gold Inc. (TSX:YRI.TO) (NYSE:AUY) (LSE:AUY.LN) ("Yamana"), today announced that they have entered into a definitive agreement (the "Arrangement Agreement"), under which Gold Fields will acquire all of the outstanding common shares of Yamana ("Yamana Shares") pursuant to a plan of arrangement (the "Transaction").