Peter Marrone , , , Chairman and Chief Executive Officer, Yamana Gold Inc.

Peter Marrone founded Yamana Gold in July 2003 and serves as Chairman and Chief Executive Officer of the company. Since Yamana was founded, it has become a major gold and silver producer from mines in the Americas. Mr. Marrone has more than 30 years of mining, business and capital markets experience and has been on the boards of a number of public companies and advised companies with a strong South American presence. Prior to Yamana, Peter Marrone was the head of investment banking at a major Canadian investment bank and before that, practiced corporate law in Toronto with a strong focus on corporate law, securities law and international transactions.

Patrick Mars , , , Lead Director

Mr. Mars is a company director specializing in mine finance and analysis. He benefits from over 30 years of experience in the investment industry and has had extensive involvement in mining research, financing and advisory work. He spent the majority of his career with Alfred Bunting & Co/Bunting Warburg, a Canadian investment dealer and stockbroker where he was President and CEO from 1981 to 1994. During this time, he served three-year terms both as a Governor of the Toronto Stock Exchange (TSX) and as a director of the Investment Dealers Association (IDA). From 1999 to 2001 he was Chairman and a Director of First Marathon Securities (UK)/NBC Financial (UK) Limited. He has also served as a director of Yamana Resources, pre-existing today's Yamana Gold, from August 2001. Currently, Mr. Mars is President of P.J. Mars Investments Limited, a private company, and serves as director of Aura Minerals, and Sage Gold (chairman).

Yamana Committees:
Audit, Compensation, Corporate Governance and Nominating (Chair)

John Begeman , , , Company Director

Mr. Begeman is a Professional Mining Engineer with over 35 years’ experience. He previously served as the President and CEO of Avion Gold Corporation, Chief Operating Officer of Zinifex Canada Inc. and Vice President, Western Operations of Goldcorp Inc. In his capacity for Goldcorp, he was responsible for its surface gold operations in South Dakota and the Industrial Minerals Division in Saskatchewan. Prior to Goldcorp, Mr. Begeman held various engineering and management positions with Morrison Knudsen Company in the contract mining operations group throughout the Western United States. He currently serves as Chairman of the Board for Premier Gold Mines Limited and is a director of African Gold Group. Mr. Begeman holds a B.Sc. in Mining Engineering, a M.S. in Engineering Management and a MBA.

Yamana Committees:
Audit, Sustainability (Chair)

Christiane Bergevin , , , Company Director

Christiane Bergevin is the President of Bergevin Capital, advising infrastructure and energy sector clients. She brings more than 30 years of experience in strategy, project and risk structuring and financing of resources, transport and infrastructure projects on all continents in addition to experience in the financial sector. She is highly skilled in sustainability and community engagement aspects from an operational and governance standpoint, and served on the health, safety and corporate social responsibility committee of the board of a major oil and gas producer. As Executive Vice-President, Desjardins Group (Canadian financial cooperative institution) between 2009 and 2015 she led the mergers and acquisitions, strategic partnerships and business development. She was also a member of Desjardins Group's risk management committee. For the 19 years prior to that, Ms. Bergevin held executive positions with SNC-Lavalin, a global engineering and construction firm, including managing executive and subsequently President of SNC-Lavalin Capital Inc., its project finance advisory arm. She was involved in several transport and mining developments and also served as Senior Vice-President and General Manager, Corporate Projects. Ms. Bergevin is a Director of RATP Dev, an international public transport operator and she chairs the audit committee of the board of AGF Group, a reinforcing steel and scaffolding supplier. She is the First Vice-Chair of the Canadian Chamber of Commerce. Ms. Bergevin holds a Bachelor of Commerce (with Distinction) from McGill University and graduated from the Wharton School's Business Advanced Management Program. In 2013, she was awarded the ICD.D designation by the Institute of Corporate Directors.

Yamana Committees:
Corporate Governance and Nominating, Sustainability Committee

Alex J. Davidson , , , Company Director

Mr. Davidson has over 25 years' experience in designing, implementing and managing gold and base metal exploration and acquisition programs throughout the world. He previously served as Executive Vice President, Exploration and Corporate Development at Barrick Gold Corporation, with responsibility for international exploration programs and corporate development activities. Mr. Davidson joined Barrick in October 1993 as Vice President, Exploration where he managed the Company's expanding exploration program and initiated their expansion into Latin America and beyond. Prior to joining Barrick, Mr. Davidson was Vice President, Exploration for Metall Mining Corporation. In April 2005, Mr. Davidson was presented the 2005 A.O. Dufresne Award by the Canadian Institute of Mining, Metallurgy and Petroleum to recognize exceptional achievement and distinguished contributions to mining exploration in Canada. In 2003, Mr. Davidson was named the Prospector of the Year by the Prospectors and Developers Association of Canada in recognition for his team's discovery of the Lagunas Norte Project in the Alto Chicama District, Peru. Mr. Davidson has been a member of the board of directors of Yamana Gold since August 2009. He received his B.Sc. and his M.Sc. in Economic Geology from McGill University.

Yamana Committees:
Compensation, Sustainability

Richard Graff , , , Company Director

Mr. Graff is a retired partner from PricewaterhouseCoopers LLP where he served as the audit leader in the United States for the mining industry. Since his retirement, Mr. Graff has been a consultant to the mining industry, including as a member of a Financial Accounting Standards Board task force that established accounting and financial reporting guidance for the sector. Mr. Graff represents a consortium of international mining companies and has provided recommendations to the International Accounting Standards board on mining industry issues and to regulators on industry disclosure requirements of securities legislation. He currently sits on the board of directors of Alacer Gold Corporation (chairman of the audit committee and member of the compensation and corporate governance and nominating committees) and Dynamic Materials Corporation (chairman of the audit committee and member of corporate governance and nominating committee). Mr. Graff received his undergraduate degree in Economics from Boston College and his post-graduate degree in Accounting from Northeastern University.

Yamana Committees:
Audit (Chair)

Kimberly Keating , , , Company Director

Kimberly Keating is a Professional Engineer with almost 20 years of experience in the Canadian energy sector. She is currently Vice President Fabrication with The Cahill Group, where she has overseen the construction of the accommodation facility for one of the world’s largest offshore oil platforms. Prior to joining the Cahill Group as Director of Projects in 2013, Ms. Keating held a variety of progressive leadership positions from engineering design through to construction, commissioning, production operations and field development with Petro-Canada (now Suncor Energy Inc.). Throughout her career, Ms. Keating has made significant engineering and project management contributions to key projects in the North Atlantic offshore oil and gas industry, bringing a wealth of strategy, risk assessment, policy and technical expertise to the Yamana board. Ms. Keating has also held numerous volunteer leadership roles, including serving as the current Vice Chair of Memorial University’s Board of Regents where she is also the Chair of the Governance & Pensions Committees, and a board director with the Dr. H. Bliss Murphy Cancer Care Foundation, Opera on the Avalon and the Oil and Gas Development Council of Newfoundland and Labrador. She holds a Bachelor of Civil (Structural) Engineering degree, a Masters of Business Administration, is a registered member of the Professional Engineering & Geoscientists NL (PEGNL) and holds the Canadian Registered Safety Professional (CRSP) designation. In June 2016, she was named a Fellow of the Canadian Academy of Engineers, a national institution through which Canada’s most distinguished and experienced engineers provide strategic advice on matters of critical importance to Canada.

Nigel Lees , , , Company Director

Mr. Lees has over 25 years of experience in the investment banking industry. He is the founder and director of TVX Gold Inc., which merged with Kinross Gold in 2003. He is currently the President of C.N. Lees Investments Limited, a private investment and consulting company and President and Chief Executive Officer of Sage Gold Inc., a public precious metals exploration and development company. He has served as a member of the Listings Committee of the Toronto Stock Exchange as well as on the audit committees of boards of several publicly listed companies.

Yamana Committees:
Compensation (Chair)

Carl Renzoni , , , Company Director

Mr. Carl Renzoni retired from BMO Nesbitt Burns in 2001, where he was employed since 1969 and most recently served as a Managing Director. He brings over 30 years of experience in the securities business specializing in the mining industry. Mr. Renzoni previously served on the boards of International Molybdenum Ltd., Peru Copper Inc. and Meridian Gold Inc. Mr. Renzoni also served on the Audit Committee of Meridian Gold Inc. In addition to serving as a director of Yamana Gold, he sits on the board of directors for Copper Mountain Mining Corporation. Mr. Renzoni received his B.Sc. (Hons) in Geology from Queen's University.

Yamana Committees
Audit, Corporate Governance and Nominating

Dino Titaro , , , Company Director

Mr. Titaro founded and was the President and Chief Executive Officer and a director of Carpathian Gold Inc. – a public mineral exploration company listed on the TSX – from 2003 to January 2014. From 1986 to 2003, Mr. Titaro was the President and Chief Executive Officer of A.C.A. Howe International Limited, a geological and mining consulting firm. Prior to this, Mr. Titaro was employed by Getty Mines Limited, where he held various supervisory roles as a geologist, working on base and precious metal projects as well as uranium, principally in resource definition stages. He is also a qualified person as defined by National Instrument 43-101 and is a registered P.Geo in Ontario and Saskatchewan. Mr. Titaro currently sits on the board of directors of Avidian Gold Inc., Tethyan Resources Inc. and Mincor Inc., each being a private mineral resource company, and has been a director and officer of several public-traded companies in the mining, industrial and healthcare technology fields. Mr. Titaro received his M.Sc. in Geology from the University of Western Ontario.

Yamana Committees:
Compensation, Sustainability, and Corporate Governance and Nominating

Jane Sadowsky , , , Company Director

Ms Sadowsky is an expert in the electricity sector and brings a depth of knowledge and experience in mergers & acquisitions, public and private debt and equity, corporate restructurings and cross border transactions. She retired from Evercore Partners as a Senior Managing Director and Head of the Power & Utility Group in 2011 after more than 22 years as an investment banker. Prior to Evercore Partners, she was a Managing Director and Group Head at Citigroup’s Investment Bank and began her investment banking career at Donaldson, Lufkin & Jenrette. Since retiring, Ms. Sadowsky has served as the Managing Partner for Gardener Advisory LLC, which provides consulting and advisory services predominately in the electricity power sector to public and private sector clients in the United States and abroad. Ms. Sadowsky earned her MBA from the Wharton School and her BA in Political Science and International Relations from the University of Pennsylvania.

Yamana Committees:
Audit, Corporate Governance and Nominating Committee

Our Board of Directors’ key purpose is to ensure the company’s prosperity by collectively directing the Company’s affairs, while meeting the appropriate interests of our shareholders and stakeholders. In addition to business and financial issues, our Board of Directors must deal with challenges and issues relating to corporate governance, corporate social responsibility and corporate ethics.

Peter Marrone , , , Chairman and Chief Executive Officer, Yamana Gold Inc.

Peter Marrone founded Yamana Gold in July 2003 and serves as Chairman and Chief Executive Officer of the company. Since Yamana was founded, it has become a major gold and silver producer from mines in the Americas. Mr. Marrone has more than 30 years of mining, business and capital markets experience and has been on the boards of a number of public companies and advised companies with a strong South American presence. Prior to Yamana, Peter Marrone was the head of investment banking at a major Canadian investment bank and before that, practiced corporate law in Toronto with a strong focus on corporate law, securities law and international transactions.

Patrick Mars , , , Lead Director

Mr. Mars is a company director specializing in mine finance and analysis. He benefits from over 30 years of experience in the investment industry and has had extensive involvement in mining research, financing and advisory work. He spent the majority of his career with Alfred Bunting & Co/Bunting Warburg, a Canadian investment dealer and stockbroker where he was President and CEO from 1981 to 1994. During this time, he served three-year terms both as a Governor of the Toronto Stock Exchange (TSX) and as a director of the Investment Dealers Association (IDA). From 1999 to 2001 he was Chairman and a Director of First Marathon Securities (UK)/NBC Financial (UK) Limited. He has also served as a director of Yamana Resources, pre-existing today's Yamana Gold, from August 2001. Currently, Mr. Mars is President of P.J. Mars Investments Limited, a private company, and serves as director of Aura Minerals, and Sage Gold (chairman).

Yamana Committees:
Audit, Compensation, Corporate Governance and Nominating (Chair)

John Begeman , , , Company Director

Mr. Begeman is a Professional Mining Engineer with over 35 years’ experience. He previously served as the President and CEO of Avion Gold Corporation, Chief Operating Officer of Zinifex Canada Inc. and Vice President, Western Operations of Goldcorp Inc. In his capacity for Goldcorp, he was responsible for its surface gold operations in South Dakota and the Industrial Minerals Division in Saskatchewan. Prior to Goldcorp, Mr. Begeman held various engineering and management positions with Morrison Knudsen Company in the contract mining operations group throughout the Western United States. He currently serves as Chairman of the Board for Premier Gold Mines Limited and is a director of African Gold Group. Mr. Begeman holds a B.Sc. in Mining Engineering, a M.S. in Engineering Management and a MBA.

Yamana Committees:
Audit, Sustainability (Chair)

Christiane Bergevin , , , Company Director

Christiane Bergevin is the President of Bergevin Capital, advising infrastructure and energy sector clients. She brings more than 30 years of experience in strategy, project and risk structuring and financing of resources, transport and infrastructure projects on all continents in addition to experience in the financial sector. She is highly skilled in sustainability and community engagement aspects from an operational and governance standpoint, and served on the health, safety and corporate social responsibility committee of the board of a major oil and gas producer. As Executive Vice-President, Desjardins Group (Canadian financial cooperative institution) between 2009 and 2015 she led the mergers and acquisitions, strategic partnerships and business development. She was also a member of Desjardins Group's risk management committee. For the 19 years prior to that, Ms. Bergevin held executive positions with SNC-Lavalin, a global engineering and construction firm, including managing executive and subsequently President of SNC-Lavalin Capital Inc., its project finance advisory arm. She was involved in several transport and mining developments and also served as Senior Vice-President and General Manager, Corporate Projects. Ms. Bergevin is a Director of RATP Dev, an international public transport operator and she chairs the audit committee of the board of AGF Group, a reinforcing steel and scaffolding supplier. She is the First Vice-Chair of the Canadian Chamber of Commerce. Ms. Bergevin holds a Bachelor of Commerce (with Distinction) from McGill University and graduated from the Wharton School's Business Advanced Management Program. In 2013, she was awarded the ICD.D designation by the Institute of Corporate Directors.

Yamana Committees:
Corporate Governance and Nominating, Sustainability Committee

Alex J. Davidson , , , Company Director

Mr. Davidson has over 25 years' experience in designing, implementing and managing gold and base metal exploration and acquisition programs throughout the world. He previously served as Executive Vice President, Exploration and Corporate Development at Barrick Gold Corporation, with responsibility for international exploration programs and corporate development activities. Mr. Davidson joined Barrick in October 1993 as Vice President, Exploration where he managed the Company's expanding exploration program and initiated their expansion into Latin America and beyond. Prior to joining Barrick, Mr. Davidson was Vice President, Exploration for Metall Mining Corporation. In April 2005, Mr. Davidson was presented the 2005 A.O. Dufresne Award by the Canadian Institute of Mining, Metallurgy and Petroleum to recognize exceptional achievement and distinguished contributions to mining exploration in Canada. In 2003, Mr. Davidson was named the Prospector of the Year by the Prospectors and Developers Association of Canada in recognition for his team's discovery of the Lagunas Norte Project in the Alto Chicama District, Peru. Mr. Davidson has been a member of the board of directors of Yamana Gold since August 2009. He received his B.Sc. and his M.Sc. in Economic Geology from McGill University.

Yamana Committees:
Compensation, Sustainability

Richard Graff , , , Company Director

Mr. Graff is a retired partner from PricewaterhouseCoopers LLP where he served as the audit leader in the United States for the mining industry. Since his retirement, Mr. Graff has been a consultant to the mining industry, including as a member of a Financial Accounting Standards Board task force that established accounting and financial reporting guidance for the sector. Mr. Graff represents a consortium of international mining companies and has provided recommendations to the International Accounting Standards board on mining industry issues and to regulators on industry disclosure requirements of securities legislation. He currently sits on the board of directors of Alacer Gold Corporation (chairman of the audit committee and member of the compensation and corporate governance and nominating committees) and Dynamic Materials Corporation (chairman of the audit committee and member of corporate governance and nominating committee). Mr. Graff received his undergraduate degree in Economics from Boston College and his post-graduate degree in Accounting from Northeastern University.

Yamana Committees:
Audit (Chair)

Kimberly Keating , , , Company Director

Kimberly Keating is a Professional Engineer with almost 20 years of experience in the Canadian energy sector. She is currently Vice President Fabrication with The Cahill Group, where she has overseen the construction of the accommodation facility for one of the world’s largest offshore oil platforms. Prior to joining the Cahill Group as Director of Projects in 2013, Ms. Keating held a variety of progressive leadership positions from engineering design through to construction, commissioning, production operations and field development with Petro-Canada (now Suncor Energy Inc.). Throughout her career, Ms. Keating has made significant engineering and project management contributions to key projects in the North Atlantic offshore oil and gas industry, bringing a wealth of strategy, risk assessment, policy and technical expertise to the Yamana board. Ms. Keating has also held numerous volunteer leadership roles, including serving as the current Vice Chair of Memorial University’s Board of Regents where she is also the Chair of the Governance & Pensions Committees, and a board director with the Dr. H. Bliss Murphy Cancer Care Foundation, Opera on the Avalon and the Oil and Gas Development Council of Newfoundland and Labrador. She holds a Bachelor of Civil (Structural) Engineering degree, a Masters of Business Administration, is a registered member of the Professional Engineering & Geoscientists NL (PEGNL) and holds the Canadian Registered Safety Professional (CRSP) designation. In June 2016, she was named a Fellow of the Canadian Academy of Engineers, a national institution through which Canada’s most distinguished and experienced engineers provide strategic advice on matters of critical importance to Canada.

Nigel Lees , , , Company Director

Mr. Lees has over 25 years of experience in the investment banking industry. He is the founder and director of TVX Gold Inc., which merged with Kinross Gold in 2003. He is currently the President of C.N. Lees Investments Limited, a private investment and consulting company and President and Chief Executive Officer of Sage Gold Inc., a public precious metals exploration and development company. He has served as a member of the Listings Committee of the Toronto Stock Exchange as well as on the audit committees of boards of several publicly listed companies.

Yamana Committees:
Compensation (Chair)

Carl Renzoni , , , Company Director

Mr. Carl Renzoni retired from BMO Nesbitt Burns in 2001, where he was employed since 1969 and most recently served as a Managing Director. He brings over 30 years of experience in the securities business specializing in the mining industry. Mr. Renzoni previously served on the boards of International Molybdenum Ltd., Peru Copper Inc. and Meridian Gold Inc. Mr. Renzoni also served on the Audit Committee of Meridian Gold Inc. In addition to serving as a director of Yamana Gold, he sits on the board of directors for Copper Mountain Mining Corporation. Mr. Renzoni received his B.Sc. (Hons) in Geology from Queen's University.

Yamana Committees
Audit, Corporate Governance and Nominating

Dino Titaro , , , Company Director

Mr. Titaro founded and was the President and Chief Executive Officer and a director of Carpathian Gold Inc. – a public mineral exploration company listed on the TSX – from 2003 to January 2014. From 1986 to 2003, Mr. Titaro was the President and Chief Executive Officer of A.C.A. Howe International Limited, a geological and mining consulting firm. Prior to this, Mr. Titaro was employed by Getty Mines Limited, where he held various supervisory roles as a geologist, working on base and precious metal projects as well as uranium, principally in resource definition stages. He is also a qualified person as defined by National Instrument 43-101 and is a registered P.Geo in Ontario and Saskatchewan. Mr. Titaro currently sits on the board of directors of Avidian Gold Inc., Tethyan Resources Inc. and Mincor Inc., each being a private mineral resource company, and has been a director and officer of several public-traded companies in the mining, industrial and healthcare technology fields. Mr. Titaro received his M.Sc. in Geology from the University of Western Ontario.

Yamana Committees:
Compensation, Sustainability, and Corporate Governance and Nominating

Jane Sadowsky , , , Company Director

Ms Sadowsky is an expert in the electricity sector and brings a depth of knowledge and experience in mergers & acquisitions, public and private debt and equity, corporate restructurings and cross border transactions. She retired from Evercore Partners as a Senior Managing Director and Head of the Power & Utility Group in 2011 after more than 22 years as an investment banker. Prior to Evercore Partners, she was a Managing Director and Group Head at Citigroup’s Investment Bank and began her investment banking career at Donaldson, Lufkin & Jenrette. Since retiring, Ms. Sadowsky has served as the Managing Partner for Gardener Advisory LLC, which provides consulting and advisory services predominately in the electricity power sector to public and private sector clients in the United States and abroad. Ms. Sadowsky earned her MBA from the Wharton School and her BA in Political Science and International Relations from the University of Pennsylvania.

Yamana Committees:
Audit, Corporate Governance and Nominating Committee

Disclaimer

You are now leaving the Yamana Gold Inc. website to go to an independent third party website. Yamana has no control over information at third party sites hyperlinked to this one. These links are being provided for the convenience of the users of this website and Yamana does not endorse and is not responsible or liable for the content, nature or reliability of any linked website or any link contained in a linked website. Yamana takes no responsibility for monitoring, updating, supplementing or correcting any information on any linked website and makes no representation or warranties regarding such information.

NON-GAAP INFORMATION

Yamana discloses certain non-GAAP measures including Cash costs per ounce of gold, Cash costs per ounce of silver, Co-product cash costs per ounce of gold, Co-product cash costs per ounce of silver, Co-product cash costs per pound of copper, All-in sustaining costs per ounce of gold, All-in sustaining costs per ounce of silver, All-in sustaining co-product costs per ounce of gold, and All-in sustaining co-product costs per ounce of silver to supplement its Consolidated Financial Statements, which are presented in accordance with IFRS. The term IFRS and generally accepted accounting principles (“GAAP”) are used interchangeably. The Company believes that these measures, together with measures determined in accordance with IFRS, provide investors with an improved ability to evaluate the underlying performance of the Company. Non-GAAP measures do not have any standardized meaning prescribed under IFRS, and therefore they may not be comparable to similar measures employed by other companies. The data is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.

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