INDEPENDENCE GROUP NL SUSTAINABILITY REPORT 2018

FY18 SNAPSHOT FY18 was an eventful year for environment, community and governance improvement initiatives at IGO. We are proud of these achievements and those whose efforts have made a difference. • First and foremost, we redefined our business purpose to provide clarity to all of our stakeholders. • We implemented a renewed community engagement strategy and approach to corporate giving which has had immediate and tangible benefits. • We developed a suite of environmental standards that define IGO’s minimum requirements for impact assessment, water management, mineral waste management, mine closure and land management. • We have continued to invest in our people with the intention of creating a culture of empowerment, ownership and caring; a culture driven by leaders and positive behaviour. We have made significant progress in achieving our goal of filling 75% of vacancies through internal promotion. Similarly, we made progress towards achieving our target to invest an equivalent of 5% of total salaries on our people’s learning and development. • We have expanded flexible working arrangements and introduced a new paid paternity leave scheme. • We have commenced royalty payments to the Ngadju people in accordance with the land access agreement that enabled the development of the Nova Operation. It is our hope that this money will have a positive and enduring impact on this community. • We have become a signatory to the Tax Transparency Code and improved remuneration reporting. • We have sold significant assets while minimising the impacts on our employees and host communities. • We have increased the number of environment, community and governance matters that are subject to performance management and improvement targets. While it is a pleasure to note these successes, we also pride ourselves on understanding our collective weaknesses and failings. This insight is an enabler to achieving great things. We invite you to read on to learn more about IGO. FINANCIAL, OPERATIONS & GROWTH KEY ACHIEVEMENTS $781 M FY18 revenue $4 M Net debt 140 k Gold ounces $45 M Exploration expenditure $415 M Total contractor & supplier spend Nickel in concentrate 22,258t 4 — IGO SUSTAINABILITY REPORT 2018