UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



Form SD
SPECIALIZED DISCLOSURE REPORT


Gold Fields Limited
(Exact name of registrant as specified in its charter)


Republic of South Africa
(State or other jurisdiction of incorporation or organization)

001-31318
(Commission File Number)

150 Helen Rd.
Sandown, Sandton 2196
South Africa
(Address of principal executive offices) (Zip Code)

Kelly Carter, EVP Legal & Compliance
Tel: +61 8 9211 9252
(Name and telephone number, including area code, of person to contact in connection with this report)


_______________________
Check the appropriate box to indicate the rule pursuant to which this form is being filed:
☐ Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2025.
☑ Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1) for the fiscal year ended December 31, 2025.







SECTION 1 - CONFLICT MINERALS DISCLOSURE
Item 1.01. Conflict Minerals Disclosure and Report
Not applicable
Item 1.02 Exhibit
Not applicable


SECTION 2 - RESOURCE EXTRACTION ISSUER DISCLOSURE
Item 2.01. Resource Extraction Issuer Disclosure and Report
Disclosure of payments by resource extraction issuers.
The payment disclosure required by this Form is included as Exhibit 2.01 to this Form SD.


SECTION 3 - EXHIBITS
Item 3.01. Exhibits
The following exhibit is filed as part of this report.
Exhibit NumberDescription
2.01Resource Extraction Payment Report as required by Item 2.01 of this Form




SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Gold Fields Limited
Date: September 23, 2026By:/s/ Mike Fraser
Name:Mike Fraser
Title:Chief Executive Officer


Exhibit 2.01
Resource Extraction Payment Report
Gold Fields Limited
For the period January 1 to December 31, 2025
Currency of report: United States dollars
In this exhibit, references to “ZAR” or “Rand” refer to the South African Rand, “A$” and “Australian dollars” refer to Australian dollars, “£” or “GBP” refer to British pound sterling, “US$” or “USD” refer to United States dollars, “S/.” or "PEN" refers to Peruvian Nuevo Sol, “GH₵” refers to Ghanaian Cedi, "C$" or "CAD" refer to Canadian dollars and “CLP” refers to Chilean Peso.
Government-level Disclosure
Figures in US$ million1
CountryPayee NameDepartments, Agency, etc. within Payee that Received PaymentsTaxesRoyaltiesFeesProduction entitlementsBonusesDividendsPayments for infrastructure improvementsCommunity and social responsibility payments that required by law or contractTotal
South AfricaGovernment of South Africa
South African Revenue Service (SARS)2
4.4 24.4 — — — — — — 28.8 
The Compensation Commissioner for Occupational Diseases— — 0.4 — — — — — 0.4 
Total South Africa4.4 24.4 0.4 — — — — — 29.2 
PeruGovernment of PeruSuperintendencia de Administración Tributaria (SUNAT)67.5 15.6 — — — — — — 83.1 
Institución Geológico, Minero y Metalúrgico (INGEMMET)— — 0.4 — — — — — 0.4 
Autoridad Nacional del Agua (ANA)— — 0.2 — — — — — 0.2 
Organismo Supervisor de la Inversión en Energía y Minería (OSINERGMIN)— — 0.7 — — — — — 0.7 
Organismo de Evaluación y Fisicalización Ambiental (OEFA)— — 0.4 — — — — — 0.4 
Total Peru67.5 15.6 1.7 — — — — — 84.8 

Exhibit 2.01
AustraliaAustralian GovernmentAustralian Taxation Office447.6 — — — — — — — 447.6 
Western Australian GovernmentDepartment of Energy, Mines, Industry Regulation and Safety— 87.1 5.2 — — — — — 92.3 
Department of Finance16.4 — — — — — — — 16.4 
Department of Water and Environmental Regulation— — 0.1 — — — — — 0.1 
Shire of CoolgardieShire of Coolgardie— — 1.7 — — — — — 1.7 
Shire of LavertonShire of Laverton— — 0.9 — — — — — 0.9 
Shire of LeonoraShire of Leonora— — 1.1 — — — — — 1.1 
Total Australia464.0 87.1 9.0 — — — — — 560.1 
GhanaGovernment of GhanaGhana Revenue Authority269.9 — — — — — — — 269.9 
Minerals Income Investment Fund— 95.4 — — — — — — 95.4 
Minerals Commission— — 2.1 — — — — — 2.1 
Total Ghana269.9 95.4 2.1 — — — — — 367.4 
ChileGovernment of ChileGeneral Treasury of the Republic9.6 — — — — — — — 9.6 
Municipality of Las CondesMunicipalidad de Las Condes— — 0.2 — — — — — 0.2 
Total Chile9.6 — 0.2 — — — — — 9.8 
CanadaNimischuu CorporationCree First Nation of Waswanipi — — — — — — — 15.6 15.6 
Total Canada— — — — — — — 15.6 15.6 
GibraltarGovernment of GibraltarIncome Tax Office – Government of Gibraltar1.7 — — — — — — — 1.7 
Total Gibraltar1.7 — — — — — — — 1.7 
Total817.1 222.5 13.4 — — — — 15.6 1,068.6 
Notes:
(1)When payments are made in A$, C$, S/., GH₵, Rand, GBP or CLP, they were converted into US$ using the average exchange rates during the reporting period. The average exchange rates for the period from January 1 to December 31, 2025 were A$/US$: 0.64, C$/US$: 0.72, US$/ZAR: 17.88, US$/PEN: 3.57, US$/CLP: 950.98, US$/GH₵:11.70 and GBP/US$: 1.32.
(2)Taxes paid amounting to US$3.1 million do not take into account a refund of US$6.6 million received from SARS during 2025 relating to the capital gains tax paid in prior years on the Yamana break fee.

Exhibit 2.01
Project-level Disclosure
Figures in US$ million1
CountryMineral type
Entity
Project
TaxesRoyaltiesFeesProduction entitlementsBonusesDividendsPayments for infrastructure improvementsCommunity and social responsibility payments that required by law or contractTotal
South AfricaGoldGFI Joint Venture Holdings Pty LtdSouth Deep Gold Mine0.3 2.6 0.2 — — — — — 3.1 
Gold Fields Operations Pty LtdSouth Deep Gold Mine0.3 21.8 0.2 — — — — — 22.3 
Gold Fields Group Services Pty LtdService Company2.0 — — — — — — — 2.0 
GFL Mining Services LimitedInvestment Holding Company0.3 — — — — — — — 0.3 
Gold Fields Holdings Company LtdInvestment Holding Company1.2 — — — — — — — 1.2 
Gold Fields Limited2
Investment Holding Company0.3 — — — — — — — 0.3 
PeruGold and Copper ConcentrateGold Fields La CimaCerro Corona Mine67.5 15.6 1.7 — — — — — 84.8 

Exhibit 2.01
AustraliaGoldGold Fields Australia Pty LtdRepresentative Tax Payer451.6 — 0.1 — — — — — 451.7 
Agnew Gold Mining Company Pty LtdAgnew Gold Mine2.8 19.0 2.5 — — — — — 24.3 
Gruyere Management Pty LtdGruyere Gold Mine1.0 15.7 0.9 — — — — — 17.6 
GSM Mining Company Pty LtdGranny Smith Gold Mine4.7 22.9 1.9 — — — — — 29.5 
St Ives Gold Mining Company Pty LtdSt Ives Gold Mine3.9 29.5 3.6 — — — — — 37.0 
GhanaGoldAbosso Goldfields LimitedDamang Gold Mine33.6 16.2 0.7 — — — — — 50.5 
Gold Fields Ghana LimitedTarkwa Gold Mine 236.3 79.2 1.4 — — — — — 316.9 
ChileGoldMinera Gold Fields Salares Norte SpASalares Norte9.6 — 0.2 — — — — — 9.8 
CanadaGoldWindfall Mining Group Inc.Windfall Project— — — — — — — 15.6 15.6 
GibraltarGoldEuroguard PLCInsurance cell1.7 — — — — — — — 1.7 
Total817.1 222.5 13.4 — — — — 15.6 1,068.6 
Notes:
(1)When payments are made in A$, C$, S/., GH₵, Rand, GBP or CLP, they were converted into US$ using the average exchange rates during the reporting period. The average exchange rates for the period from January 1 to December 31, 2025 were A$/US$: 0.64, C$/US$: 0.72, US$/ZAR: 17.88, US$/PEN: 3.57, US$/CLP: 950.98, US$/GH₵:11.70 and GBP/US$: 1.32.
(2)Taxes paid amounting to US$0.3 million do not take into account a refund of US$6.6 million received from SARS during 2025 relating to the capital gains tax paid in prior years on the Yamana break fee.

Exhibit 2.01
Payment Details Disclosure
Figures in US$ million1
PaymentCountryResourceEntityProjectExtraction MethodSegmentGovernmentPayment TypeAmount
1South AfricaGoldGold Fields Group Services Pty LtdService Company—Mining OperationsSouth African Revenue ServicesTaxes2.0 
2South AfricaGoldGFL Mining Services LimitedInvestment Holding Company— Mining OperationsSouth African Revenue ServicesTaxes0.3 
3South AfricaGoldGold Fields Holdings Company LtdInvestment Holding Company—Mining OperationsSouth African Revenue ServicesTaxes1.2 
4South AfricaGold
Gold Fields Limited2
Investment Holding Company— Mining OperationsSouth African Revenue ServicesTaxes0.3 
5South AfricaGoldGFI Joint Venture Holdings Pty LtdSouth Deep Gold MineUnderground MiningMining OperationsSouth African Revenue ServicesTaxes0.3 
6South AfricaGoldGFI Joint Venture Holdings Pty LtdSouth Deep Gold MineUnderground MiningMining OperationsSouth African Revenue ServicesRoyalties2.6 
7South AfricaGoldGFI Joint Venture Holdings Pty LtdSouth Deep Gold MineUnderground MiningMining OperationsThe Compensation Commissioner for Occupational DiseasesFees0.2 
8South AfricaGoldGold Fields Operations Pty LtdSouth Deep Gold MineUnderground MiningMining OperationsSouth African Revenue ServicesTaxes0.3 
9South AfricaGoldGold Fields Operations Pty LtdSouth Deep Gold MineUnderground MiningMining OperationsSouth African Revenue ServicesRoyalties21.8 
10South AfricaGoldGold Fields Operations Pty LtdSouth Deep Gold MineUnderground MiningMining OperationsThe Compensation Commissioner for Occupational DiseasesFees0.2 
11PeruGold and Copper ConcentrateGold Fields La CimaCerro Corona MineOpen PitMining OperationsSuperintendencia de Administración Tributaria (SUNAT)Taxes67.5 
12PeruGold and Copper ConcentrateGold Fields La CimaCerro Corona MineOpen PitMining OperationsSuperintendencia de Administración Tributaria (SUNAT)Royalties15.6 
13PeruGold and Copper ConcentrateGold Fields La CimaCerro Corona MineOpen PitMining OperationsInstituto Geológico, Minero y Metalúrgico (INGEMMET)Fees0.4 
14PeruGold and Copper ConcentrateGold Fields La CimaCerro Corona MineOpen PitMining OperationsAutoridad National del Agua (ANA)Fees0.2 
15PeruGold and Copper ConcentrateGold Fields La CimaCerro Corona MineOpen PitMining OperationsOrganismo Supervisor de la Inversión en Energía y Minería (OSINERGMIN)Fees0.7 

Exhibit 2.01
16PeruGold and Copper ConcentrateGold Fields La CimaCerro Corona MineOpen PitMining OperationsOrganismo de Evaluación y Fiscalización Ambiental (OEFA)Fees0.4 
17AustraliaGoldGold Fields Australia Pty LtdRepresentative Tax Payer— Mining OperationsAustralian Taxation OfficeTaxes446.8 
18AustraliaGoldGold Fields Australia Pty LtdRepresentative Tax Payer— Mining OperationsWestern Australia Department of FinanceTaxes4.8 
19AustraliaGoldGold Fields Australia Pty LtdRepresentative Tax Payer—Mining OperationsDepartment of Energy, Mines, Industry Regulation and SafetyFees0.1 
20AustraliaGoldAgnew Gold Mining Company Pty LtdAgnew Gold MineUnderground and Open Pit MiningMining OperationsAustralian Taxation OfficeTaxes0.4 
21AustraliaGoldAgnew Gold Mining Company Pty LtdAgnew Gold MineUnderground and Open Pit MiningMining OperationsWestern Australia Department of FinanceTaxes2.4 
22AustraliaGoldAgnew Gold Mining Company Pty LtdAgnew Gold MineUnderground and Open Pit MiningMining OperationsDepartment of Energy, Mines, Industry Regulation and SafetyRoyalties19.0 
23AustraliaGoldAgnew Gold Mining Company Pty LtdAgnew Gold MineUnderground and Open Pit MiningMining OperationsDepartment of Energy, Mines, Industry Regulation and SafetyFees1.4 
24AustraliaGoldAgnew Gold Mining Company Pty LtdAgnew Gold MineUnderground and Open Pit MiningMining OperationsShire of LeonoraFees1.1 
25AustraliaGoldGruyere Management Pty LtdGruyere Gold MineOpen PitMining OperationsWestern Australia Department of FinanceTaxes1.0 
26AustraliaGoldGruyere Management Pty LtdGruyere Gold MineOpen PitMining OperationsDepartment of Energy, Mines, Industry Regulation and SafetyRoyalties15.7 
27AustraliaGoldGruyere Management Pty LtdGruyere Gold MineOpen PitMining OperationsDepartment of Energy, Mines, Industry Regulation and SafetyFees0.7 
28AustraliaGoldGruyere Management Pty LtdGruyere Gold MineOpen PitMining OperationsShire of LavertonFees0.2 
29AustraliaGoldGSM Mining Company Pty LtdGranny Smith Gold MineUnderground MiningMining OperationsAustralian Taxation OfficeTaxes0.1 
30AustraliaGoldGSM Mining Company Pty LtdGranny Smith Gold MineUnderground MiningMining OperationsWestern Australia Department of FinanceTaxes4.6 
31AustraliaGoldGSM Mining Company Pty LtdGranny Smith Gold MineUnderground MiningMining OperationsDepartment of Energy, Mines, Industry Regulation and SafetyRoyalties22.9 
32AustraliaGoldGSM Mining Company Pty LtdGranny Smith Gold MineUnderground MiningMining OperationsDepartment of Energy, Mines, Industry Regulation and SafetyFees1.1 
33AustraliaGoldGSM Mining Company Pty LtdGranny Smith Gold MineUnderground MiningMining OperationsDepartment of Water and Environmental RegulationFees0.1 

Exhibit 2.01
34AustraliaGoldGSM Mining Company Pty LtdGranny Smith Gold MineUnderground MiningMining OperationsShire of LavertonFees0.7 
35AustraliaGoldSt Ives Gold Mining Company Pty LtdSt Ives Gold MineUnderground and Open Pit MiningMining OperationsAustralian Taxation OfficeTaxes0.3 
36AustraliaGoldSt Ives Gold Mining Company Pty LtdSt Ives Gold MineUnderground and Open Pit MiningMining OperationsWestern Australia Department of FinanceTaxes3.6 
37AustraliaGoldSt Ives Gold Mining Company Pty LtdSt Ives Gold MineUnderground and Open Pit MiningMining OperationsDepartment of Energy, Mines, Industry Regulation and SafetyRoyalties29.5 
38AustraliaGoldSt Ives Gold Mining Company Pty LtdSt Ives Gold MineUnderground and Open Pit MiningMining OperationsDepartment of Energy, Mines, Industry Regulation and SafetyFees1.9 
39AustraliaGoldSt Ives Gold Mining Company Pty LtdSt Ives Gold MineUnderground and Open Pit MiningMining OperationsDepartment of Water and Environmental RegulationFees— 
40AustraliaGoldSt Ives Gold Mining Company Pty LtdSt Ives Gold MineUnderground and Open Pit MiningMining OperationsShire of CoolgardieFees1.7 
41GhanaGoldAbosso Goldfields LimitedDamangOpen PitMining OperationsGhana Revenue AuthorityTaxes33.6 
42GhanaGoldAbosso Goldfields LimitedDamangOpen PitMining OperationsMinerals Income Investment FundRoyalties16.2 
43GhanaGoldAbosso Goldfields LimitedDamangOpen PitMining OperationsMinerals CommissionFees0.7 
44GhanaGoldGold Fields Ghana Limited TarkwaOpen PitMining OperationsGhana Revenue AuthorityTaxes236.3 
45GhanaGoldGold Fields Ghana LimitedTarkwaOpen PitMining OperationsMinerals Income Investment FundRoyalties79.2 
46GhanaGoldGold Fields Ghana LimitedTarkwaOpen PitMining OperationsMinerals CommissionFees1.4 
47ChileGoldMinera Gold Fields Salares Norte SpASalares NorteOpen PitMining OperationsGeneral Treasury of the RepublicTaxes9.6 
48ChileGoldMinera Gold Fields Salares Norte SpASalares NorteOpen PitMining OperationsMunicipalidad de Las CondesFees0.2 
49CanadaGoldWindfall Mining Group Inc.Windfall ProjectUnderground MiningProjectCree First Nation of Waswanipi Community and social 15.6 
50GibraltarGoldEurogard PLCInsurance cell— Mining OperationsIncome Tax Office – Government of GibraltarTaxes1.7 
Total1,068.6 
Notes:
(1)When payments are made in A$, C$, S/., GH₵, Rand, GBP or CLP, they were converted into US$ using the average exchange rates during the reporting period. The average exchange rates for the period from January 1 to December 31, 2025 were A$/US$: 0.64, C$/US$: 0.72, US$/ZAR: 17.88, US$/PEN: 3.57, US$/CLP: 950.98, US$/GH₵:11.70 and GBP/US$: 1.32.
(2)Taxes paid amounting to US$0.3 million do not take into account a refund of US$6.6 million received from SARS during 2025 relating to the capital gains tax paid in prior years on the Yamana break fee.

ATTACHMENTS / EXHIBITS

ATTACHMENTS / EXHIBITS

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