INDEPENDENCE GROUP NL ANNUAL REPORT 2017

CONTENTS 02 Chairman & CEO’s Message 04 Board Profile 06 Results Summary 08 Our People and Safety 10 Community and Sustainability 12 Operational Scorecard & Outlook 14 Nova Operation 18 Tropicana Operation 20 Jaguar Operation 21 Long Operation 22 Regional Exploration & Development 23 Mineral Resources & Ore Reserves 31 Financial Report 127 Additional ASX Information 128 Shareholder Reporting Timetable 129 Glossary of Terms 130 Company Directory COMPANY VALUES SUSTAINABILITY Putting health and safety first, being environmentally responsible, and supporting our communities. INTEGRITY Doing what is right and doing what we say we will do. ACCOUNTABILITY Taking ownership for what we do and responsibility for others. DILIGENCE Careful and persistent effort. TEAMWORK Working together to achieve shared goals. RESPECT Valuing the views of others and accepting people for who they are. IGO ANNUAL REPORT 2017— 01

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