Sustainability Report 2021

MEASURING OUR PERFORMANCE Sustainability Indicators & Targets Progress FY21 FY20 Read More Local 1 sourcing of goods and services 6.5% in FY21, an increase from 5.1% in FY20 2 Page 93 While IGO sources some goods and services locally, we still have room for improvement Total spend on Aboriginal owned or managed businesses A$6.2M in FY21, an increase of 29% on FY20 Page 93 This was predominantly to CV LOMAG Joint Venture for primary crusher and earthmoving services at the Nova Operation Corporate giving payments Proudly, we continue to support Corporate Giving priorities in local health, education and environmental management. In FY21, we contributed A$904k 3 in FY21, an increase of 50% from FY20 Page 49 1. Local sourcing includes the host communities of our Nova Operation – Norseman, Esperance and Kalgoorlie. 2. Supplier spend percentage was incorrectly reported in FY20. This has been amended in this report. 3. Includes a one-off payment in FY21 to the Norseman and Esperance communities. Target met/acceptable performance Target on track/adequate performance Target not met/we need to do better New target Our Financial Contributions FY21 FINANCIAL SUMMARY Group revenue of A$915M (3% higher than FY20 result) and Underlying Free cash flow of A$363M (17% higher than FY20 result) were a record, and has placed IGO in an enviable position following the completion of two major asset transactions, with group cash of A$529M. Nova production exceeded guidance for all metals, while cash costs of A$1.85/lb cemented Nova’s position as the lowest- cost operation in Australia. IGO invested in a new lithium focused joint venture with Tianqi Lithium Corporation. Through the new joint venture, IGO has gained exposure to the world-class Greenbushes Lithium Mine and the Kwinana Lithium Hydroxide Refinery, both located in Western Australia. IGO’s 30% stake in the Tropicana Gold Mine was divested to Regis Resources Limited for net proceeds of A$889M. Highlights FY21 FY20 Total revenue and other income (A$M) 918.7 1 892.4 Underlying EBITDA 2 (A$M) 474.6 459.6 Profit after tax (A$M) 548.7 3 155.1 Net cash flow from operating activities (A$M) 446.1 397.5 Underlying free cash flow 2 (A$M) 363.0 310.8 Total assets (A$M) 3,608.7 2,293.0 Cash (A$M) 528.5 510.3 Marketable securities (A$M) 110.9 107.8 Total liabilities (A$M) 408.9 367.2 Shareholders' equity (A$M) 3,199.9 1,925.8 Net tangible assets per share (A$ per share) 4.30 3.26 Dividends per share (cents) 10.0 11.0 1. Revenue and Other Income from continuing and discontinued operations (excluding profit on sale of Tropicana of A$557M). 2. See glossary for definition. 3. Profit after tax includes gain on sale of Tropicana after tax of A$384.8M. Profit after tax excluding this gain is A$163.8M. 92 —IGO SUSTAINABILITY REPORT 2021