INDEPENDENCE GROUP NL SUSTAINABILITY REPORT 2017

OCCUPATIONAL HEALTH Occupational health management has many facets. Our intention is to manage our work environment in a way that effectively minimises the exposure of our people to hazards that may cause long-term or chronic health impacts. Some hazards are readily managed while some are intrinsically difficult to manage. At IGO we: • determine what our people are actually and potentially exposed to, and assess the risk that these exposures create; • determine how best to protect our people from these exposures (known as ‘controls’); • confirm whether or not the controls have been implemented and are effective, and if they are not, take remedial action; and • document the above activities in a Hygiene Management Plan, execute the plan, review the results achieved, and update the plan accordingly. During FY17, IGO completed various tasks defined in its Occupational Exposure Monitoring Program (known as CONTAM in Western Australia). No material excess exposures of any type were identified. In FY16, IGO had no claims for industrial disease. IGO has commenced an occupational hygiene improvement program which will continue into FY18. The Australian Government’s Voluntary Tax Transparency Code (TTC) is a set of principles and minimum standards to guide disclosure of tax information by businesses. The TTC was developed by the Board of Taxation to encourage large and medium-sized businesses to publicly disclose their tax affairs. The intention of the reporting requirements is to highlight those that are paying their fair share of tax and to encourage all businesses not to engage in aggressive tax avoidance. The TTC places a specific onus on large businesses to take the lead, to become more transparent, and help educate the public about their compliance with Australia’s tax laws. As defined by the TTC, IGO is currently categorised as a medium- sized business (i.e. a business with an aggregated turnover of at least A$100 million but less than A$500 million). In both our FY16 and FY17 annual reports, IGO has published all of the requisite information for a medium-sized business (known as a Part A disclosure). This includes: • a reconciliation of accounting profit to tax expense and income tax paid or income tax payable; • identification of material temporary and non-temporary differences; and • accounting effective company tax rates for Australian and global operations (pursuant to AASB guidance). The Australian Tax Office maintains a published registry of signatories and IGO intends becoming a signatory to the code in FY18. TAX TRANSPARENCY CODE IGO SUSTAINABILITY REPORT 2017— 63

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