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2 Independence Group NL

CEO’S MESSAGE

It is my great pleasure to present Independence

Group NL’s (IGO’s) first Sustainability Report.

IGO is intent on building a diversified mining

company that delivers superior returns for all of

our stakeholders.

Our success is dependent on the support and

contributions of our stakeholders, of which there are

many. IGO stakeholders include our shareholders, staff

and contractors, the government and our regulators, our

host communities, our Traditional Owners and the public

in general. One way or another, each affects our licence to

operate in its broadest sense. Mindful of the importance

of these relationships, and the matters of interest to

our stakeholders, we have clearly articulated our Vision,

Mission and Values to explain how we have conducted,

and will continue to conduct, our business.

Among our values, sustainability is our primary focus. We

are intent on creating a sustainable business and aspire

to conducting our business in a sustainable manner. A key

factor to ensuring sustainability is growth, and IGO has

grown from humble beginnings. In Western Australia, we

now own two mines, Jaguar and Long, and have a 30%

ownership interest in a third, the Tropicana Joint Venture,

which began gold production in 2013. In September 2015,

we completed the acquisition of Sirius Resources NL by

way of an Acquisition Scheme of Arrangement. Sirius’

primary asset was the Nova Project in Western Australia

which is fully permitted, fully funded and in construction.

Consequently, in the near term, our efforts will focus on

the consistent operational performance of our operating

mines, the effective integration of Sirius into our business,

and the development of the Nova Project.