INDEPENDENCE GROUP NL SUSTAINABILITY REPORT 2017

IGO BUSINESS STRUCTURE FIGURE 5 Independence Jaguar Pty Ltd Independence Stockman Parent Pty Ltd Independence Stockman Project Pty Ltd Stockman Project Independence Windward Pty Ltd Independence Jaguar Project Parent Pty Ltd Independence Jaguar Project Pty Ltd Jaguar Operation Independence Newsearch Pty Ltd Independence Nova Holdings Pty Ltd Independence Nova Pty Ltd Nova Operation Independence Long Pty Ltd Long Operation Independence Europe Pty Ltd Tropicana Gold Mine 30% owned 100% 100% 100% 100% Independence Group Europe Ab (Swedish Co) Scandinavian Assets (Mawson Alliance) PROJECT IN DEVELOPMENT EXPLORATION ASSETS OPERATING MINE 22 — IGO SUSTAINABILITY REPORT 2017

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