INDEPENDENCE GROUP NL ANNUAL REPORT 2017

IGO remains a proud Western Australian employer and in FY17 we increased our total workforce to approximately 450 direct employees across all operations and our Perth corporate office. Over the past year, we further implemented our strategy to build internal capacity and capability to support our long- term growth aspirations. BUILDING CAPACITY AND CULTURE During FY17, we implemented a frontline management program across the business, based on Certificate IV in Leadership and Management. IGO regards this business-wide focus on professional learning and development as a critical element to the continued definition and development of IGO’s culture; the “IGO Way”. EMPLOYEE ENGAGEMENT An inaugural annual employee engagement survey was conducted in FY17 and generated encouraging results. A key finding was that the majority of our employees speak positively about the organisation and would recommend IGO as a place to work. There are also areas for improvement including ensuring our people have the necessary resources available, family friendly rosters, improving our corporate communications and brand reputation. IGO is actively working through the results to identify and action areas where change is required. DIVERSITY As of 30 June 2017, IGO’s overall workforce gender ratio was 80% male and 20% female. This slight decrease from FY16 (during which 21.3% of our workforce was female) is the direct result of a trade and technical role recruitment campaign undertaken for Nova which again highlighted the universally low female participation in such professions. IGO remains firmly committed to diversity within our business and will continue to improve our gender ratio through the active encouragement of female graduates and apprentices to join our business. In FY17, IGO also conducted our fourth Workplace Gender Equality Report, which is available for viewing on our website www.igo.com.au . ABORIGINAL EMPLOYMENT IGO has continued to make progress with our Aboriginal employment program, which provides support and training for Aboriginal people in roles within both IGO and our major contractors. This effort has seen some success but has not been without its challenges; circumstances that reinforce our view that education is the key to improving the socio- economic standing of our host communities. Our Aboriginal employment and traineeships have been well supported in FY17 and is a clear demonstration of our commitment to support the creation of education, employment and business opportunities for Aboriginal people, many of whom are Traditional Owners on the lands where IGO operates. INVESTING IN THE FUTURE OF MINING IGO is committed to identifying opportunities to encourage and develop excellence in Science, Technology, Engineering and Maths (STEM) streams with students of all ages, genders OUR PEOPLE The ‘IGO Way’ is about encouraging and promoting behaviors among our people that are driven by our shared company values. Creating a strong shared culture will enable IGO to pursue our operational strategic plan and achieve our purpose. 08 — IGO ANNUAL REPORT 2017