Sustainability Report 2021

MEASURING OUR PERFORMANCE Sustainability Indicators & Targets Progress FY21 FY20 Read More Percentage of women on the Board and the Executive Leadership Team 37.5%: Female representation on the IGO Board and ELT in FY21, consistent with IGO’s commitment to promote diversity across our business Page 34 Compliance In FY21, IGO was not subject to legal action or prosecution. We did pay a penalty during the financial year in relation to the exploration rehabilitation non-compliance in FY20, disclosed on page 86 Page 86 During FY21 IGO’s corporate governance practices complied with the ASX Recommendations in their entirety Page 86 Transparency IGO is open and transparent, and where we are unable to make disclosures for commercial reasons, we are forthright in stating our position Page 89 Tax IGO continues to make significant tax contributions Pages 89 & 92 Target met/acceptable performance Target on track/adequate performance Target not met/we need to do better New target Business Integrity IGO’s Code of Conduct imposes a responsibility on individuals to report breaches of the Code either internally or through the Company’s external reporting service. Further details on this service can be found in IGO’s Whistleblower Standard. IGO’s Code of Conduct is available in the Governance section of our website. CORPORATE GOVERNANCE The IGO Board Responsibility for IGO’s strategic approach, risk appetite and governance lie with IGO’s Board and Executive Leadership Team. We believe good governance is about doing the right thing and having the courage to care and stand up for what is right and essential for the long-term sustainability of the business and the protection of the interests of all our stakeholders. IGO’s Board is responsible for promoting the success of the Company in a way which ensures that the best interests of shareholders and all stakeholders are promoted and protected. The Board defines, approves and monitors a clearly articulated governance framework. The governance framework provides strategic guidance and appropriate delegation of authority. It dictates clear accountabilities for regulating activities, including performance and risk management, and business improvement. The Board recognises the need to regularly review the framework as best practice evolves. Details of IGO’s Board members are published in the 2021 Annual Report. IGO’s Board has established four committees that enable the Board to effectively discharge its responsibilities: • Audit & Risk • Nomination & Governance • People & Performance • Sustainability Each committee works within a Charter approved by the Board, which sets out the roles and responsibilities, composition, structure and membership requirements. IGO regularly reviews its governance framework and governance policies and standards to ensure they reflect current and emerging legislation and industry best practice. These documents include: • Code of Conduct • Anti-Bribery and Corruption Standard • Continuous Disclosure and Information Standard • Dealing in Securities Standard • Diversity and Equal Opportunity Standard • Privacy Standard • Whistleblower Standard Annually IGO issues a Corporate Governance Statement to the ASX outlining the Company’s current corporate governance framework by reference to the Corporate Governance, Principles and Recommendations 4th Edition of the ASX Corporate Governance Council (ASX recommendations). IGO’s Charters, Governance Standards and Corporate Governance Statement can be found in the Governance section on our website. During the FY21 reporting period, IGO’s corporate governance practices complied with the ASX recommendations in their entirety. Remuneration arrangements for the Board are comprehensively described in IGO’s Annual Report. 84 —IGO SUSTAINABILITY REPORT 2021