SUSTAINABILITY ACTIONS 2022 - FNX PARTICIPAÇÕES

2022

SUSTAINABILITY ACTIONS

Working Group Members

SUMMARY

4 6 8 9 10

11

CAP 1 - WORDS FROM THE BOARD OF DIRECTORS

CAP 2 - WHO WE ARE

2.1 GRUPO FNX PARTICIPAÇÕES

2.2 FÊNIX DTVM

CAP 3 - OUR GROUP IN NUMBERS

CAP 4 - OUR DIFFERENTIALS

CAP 5 - OUR PILLARS OF SUSTAINABILITY

CAP 6 - GOVERNANCE

6.1 SUSTAINABILITY GOVERNANCE

CAP 7 - ACTIONS TAKEN

7.1 IN PURSUIT OF RESPONSIBLE MINING

7.2 PARTNERSHIPS

WORDS FROM THE BOARDOF DIRECTORS

MESSAGE FROM THE CEO

Andrei Giometti CEO of the FNX Participações Group

Since our founding, we have believed that it is possible to do business responsibly, creating value not only for our customers, suppliers and employees, but also for the environment and communities as a whole, and especially those that are located in areas surrounding where we operate.

Our commitment to sustainability is not just a moral or ethical issue, but also a strategic issue. We know that companies that adopt sustainable practices have a competitive advantage, as they adapt better to regulatory and market changes, attract and retain talent, and gain the trust and loyalty of their customers.

We understand that sustainability is essential for the continuity of our business in the long term, and therefore, we invest in initiatives that help us to mitigate environmental, social and governance risks, engaging our stakeholders and valuing our employees.

Our journey towards sustainability is far from over, we are constantly improving our practices, as we know that we still have a lot to learn and do in favor of society and the environment. We are committed to continuing to move in this direction, with transparency, responsibility and

I thank everyone who has contributed to this journey, especially our employees and partners, who are the true agents of change in our companies. Together, we can create a more sustainable and prosperous future for all.

MESSAGE FROM THE CEO

We know that, as a financial institution active in the gold value chain, it is essential that we adopt sustainable and responsible practices in all our operations.

All the initiatives presented in this report are part of our operational routine, as a concrete demonstration of our commitment to perpetuity and sustainable develop-

We are aware of the challenges the industry faces, but our focus is on demonstrating that it is possible to do business in a responsible and sustainable manner. Therefore, we are committed to the search for innovative solutions and cleaner technologies to ensure that our operations are aligned with the best sustainability practices and with international agendas such as the UN Global Compact and the Sustainable Development

We are committed to being pioneers in the commercialization of responsible gold, derived from artisanal, small and medium-scale mining.

We believe that this will only be possible with the commitment of constant efforts, and in the improvement and development of practices aimed at the environment and society.

I would like to thank everyone who, directly or indirectly, contributes to our goals being achieved, and that in the near future we can be a reference in the market for the good practices implemented in the gold mining and commercialization segment.

Pedro Eugenio Procópio

COO of FNX Participações Group

Message from the Director of ESG, Risks and Compliance

Vinicius Pinho Director of ESG, Risks and Compliance

Our goal is to be a national and international reference in all of our areas of activity and we believe that this is only possible with responsible action without compromising our values, which are unshakable.

We are part of society and we are fully aware of our responsibility to add value to our customers, employees, suppliers and all those with whom we relate.

The strategic decision to set up a specific unit within the organizational structure of the FNX Group to manage our efforts and responsible environmental, climate, social and governance practices proved to be the right one and 2022 was just the beginning of the path of no return that we are following in ESG.

Talita Galvão ESG Manager

We, at the FNX Group, believe that now, more than ever, is the time to recognize that the continuity of the mineral sector will only be possible with the effective application of respect for human rights, the environment and the fight against illegal activities. . Adopting global sustainability agendas as guidelines for our strategic growth are leading us to be protagonists in supporting and fostering sustainable development, within our area of operation, as well as for the communities that are located around our activities. We are just getting started, and we are sure that balancing our strategies on the ESG pillars are making us economically viable, socially fair and environmentally correct.

WHO WE ARE

2.1 FNX Group Participations

The Fênix Group emerged in 2017 with the aim of verticalizing and horizontalizing the company's gold mining and trading activities. Cost reduction, simultaneous engineering, greater profits, greater autonomy and mastery over its own technology are the group's purposes, acting with a total focus on results.

With meteoric growth, we started from a single business unit with only three employees, to more than twelve successful ventures.

We make sustainable progress at each stage of the production chain, identifying opportunities and incorporating challenges that promote the group's growth and

Photo: Paula's Disney FNX Participações Group

2.2 Fênix DTVM

Fênix Distribuidora de Títulos e Valores Mobiliários, a financial institution duly authorized by the Central Bank of Brazil pursuant to Resolutions 1120/86 and 1428/87 to purchase physical gold from mining areas, hereby declares present the actions carried out in 2022 with the aim of promoting good sustainability practices, within the Environmental, Social and Governance indicators, reinforcing its commitment to the integrity of its performance in the search for the commercialization of responsible gold.

Founded in 2020, Fênix DTVM had its authorization to operate granted by the Central Bank of Brazil.

We know that this is a journey that will be traveled together with our employees, customers, suppliers, partners, the market and society in general. We believe that investments can generate value for society and promote the preservation of the environment. We want to expand knowledge, engagement and the development of concrete solutions so that social, environmental and climate responsibility is at the center of business models and processes of decision making.

We value the promotion of education and diversity in our practices and with all our stakeholders. We pay attention to human rights, hating any practice that disrespects these minimum rights of each individual, including, but not limited to, any discriminatory act and, for that, we follow the guidelines included in the Group's Code of Ethics and Conduct.

Aware of the high sensitivity and importance for Brazil of the market in which we operate, since its foundation, the companies of the FNX Participações Group that operate in this segment have never spared efforts or investments in resources aimed at the continuous improvement of our structure and processes of compliance and environmental, social and governance responsibility.

Next, we highlight the main actions inherent to the gold ore trading activity, developed by Fênix Distribuidora de Títulos e Valores Mobiliários, as well as the FNX Participações Group, which contribute to the construction of an increasingly responsible sector.

3 OUR NUMBERS

Where are we

We are present in 4 countries (States United Arab Emirates, Switzerland, India)

Present in 6 States and th Federal District.

Grupo FNX Participações - Its activities are based on the value chain of responsible commercialization of gold ore.

Opportunities

We generate more than 350 jobs direct in 9 operating segments

Business

More than 30 companies make up the group

BRL 4 billion in Revenue

Expansion

We operate in 4 countries

5

PILLARS OF SUSTAINABILITY

Our Sustainability Pillars

We believe it is possible to do business ethically and responsibly, respecting the environment and society. Therefore, we are signatories to the Global Compact and assume the responsibility of contributing to the achievement of the 2030 agenda, a global agenda that aims to engage countries, companies, institutions and civil society in favor of sustainable development.

sustainable innovation

Respect for people

Action Against Climate Change

Responsible Corporate Governance

Environmental Preservation

6.2 Our Governance

Due to the nature of our business, interest in the mining community, transparency, legal compliance and duty towards the environment and the responsibilities of structuring the business have always been present in our history.

As a result, we have a Sustainability Policy for the FNX Participações Group that establishes princi ples and guidelines that guide decision-making in all aspects of the business and in the rela tionship with stakeholders, always with a focus on bringing about positive economic, social and environmental impacts , generating value not only for our business, but for everyone in the value chain.

Recognizing our role in supporting the transition to a more sustainable world, integrating envi ronmental, social, corporate governance and climate aspects in our products, services, initiati ves and in our work with the market, and with the objective of guiding the efforts of Fênix Distribui dora de Títulos e Valores Mobiliários in relation to these matters.

We are committed to adopting, widely disseminating and incorporating into our procedures the Social, Environmental and Climate Responsibility Policy (PRSAC), set out in CMN Resolution No. 4,945 of 09/15/2021, by the Central Bank of Brazil, representing a common and adequate reference to dimension and relevance of exposure to social risk, environmental risk and climate risk, as well as the adoption of actions, strategies and action plans to ensure compliance with the United Nations Sustainable Development Goals (SDGs).

ESG, Risks and Compliance Board

7 ACTIONS ACCOMPLISHED

7.1 Actions

Accomplished

We are signatories to the Global Compact and assume the responsibility of contributing to the achievement of the 2030 agenda, which aims to engage countries, companies, institutions and civil society in favor of sustainable development. Therefore, we are working every day to implement practices and policies in all areas of our company.

We believe it is possible to do business ethically and responsibly, respecting the environment and society.

Talita, ESG manager, in action of Women's Day in the mines of Baixada Cuiabana

7.1 Actions Accomplished

7th Mining Communitiesand Seminar

Participation of Operations Director Pedro Eugenio Gomes Procópio da Silva in the Panel “How can society organize itself for legal and correct artisa nal mining?”. The event took place on November 9th, in Belo Horizonte – MG.

COO Pedro Eugênio Procópio at the 7th Mining

7.1 Actions Accomplished

Mineral Technology CenterCETEM

Sending an open letter in support of the proposal to create a Nucleus of the Mineral Technology Center – CETEM in the state of Mato Grosso, in order to provide technological innovations in the mineral sector, in particular, on a small scale, meeting the highest standards of quality and in pursuit of responsible mining.

Talita Galvão, ESG manager, representing Fênix DTVM

Mineral production chain representatives

Brastorno Eireli: 7.2 Partnerships

Partnership with the company Brastorno to disse minate the PELICANO operating technology (INPI BR 20 2021 002031 3), which allows the separation of metals, without the use of mercury, using the intensive leaching method.

CEO of Brastorno, Igor Justino Fernandes

“Pelican” equipment

Participants at the launch of the Pelican

NAP. Mining/USP 7.2 Partnerships

Partnership with the Research Center for Small Responsible Mining (NAP.Mineração) of the University of São Paulo in carrying out tests of the web platform PCRO – Responsible Gold Purchasing Program, based on due diligence processes, encouraging producers to work on a regular basis and guaranteeing the first purchaser the reliability of purchasing responsible gold.

Also with NAP.Mineração we were invited to celebrate the partnership in the development of the National Action Plan for the Extraction of Gold without Mercury, which aims to establish a plan to reduce and, if possible, eliminate the use of mercury and emissions and releases into the environment of mercury from artisanal and small-scale gold mining, together with entities such as the United Nations Environment Program (UNEP), the United Nations Environment Program (UNEP), the Foundation for the Technological Development of Engineering (FDTE) and the Ministry of Mines and Energy (MME), financed by the Global Environment Facility (GEF).

SBGA Group visit to the mines of Baixada Cuiabana

7.2 Partnerships

Partnership signed with Instituto Somos do Minério, a private entity that develops activities in defense of social rights, in favor of responsib le, sustainable mining and social and educa tional development in communities around mining, as well as aiming to demystify the image of artisanal miners and small scale, promote socio-environmental actions and encourage good practices in mining.

Charitable action Instituto Somos do Minério and Grupo FNX Participações

7.2 Partnerships

Swiss Better Gold AssociationSBGA

Partnership to bring to Brazil the best practices to ensure socially and environmentally responsible gold production through mechanisms guided by the international market that allow formalized artisanal and small-scale gold mining entities to

7.3 actionsEncouraged

Brazilian Pantanal Horse Breeders Association Association of Parents and Friends of the DisabledAPAE Poconé - MT

Partnership with the company Brastorno to disseminate the PELICANO operating technology (INPI BR 20 2021 002031 3), which allows the separation of metals, without the use of mercury, using the intensive leaching method.

Federation of Mining Cooperatives of the State of Mato Grosso

Contribution to the 30th Mining Seminar in the North of Mato Grosso, which aimed to present the current and future scenario of the region, focusing on geological, technical and legal solutions that promote sustainable and lasting development based on mining, bringing together researchers, public authorities, companies and specialists.

NGO É o Bicho

Contribuição para a realização da exposição Pantanal, Terra da Água e Fogo, que reúne um total de 30 obras, entre pinturas e fotografias, da regido do Pantanal, a fim de apresentar o bioma pantaneiro visando a preservação do ecossistema e a propagando do ecoturismo no mercado nacional e internacional, bem como fomentar a arte e cultura dos artistas pantaneiros que retratam a vida e a riqueza do Pantanal.

Support for the charity auction in favor of the Association of Parents and Friends of the Exceptional of Poconé -MT, which promotes the well-being and health of exceptional children and young people around the mining community in the municipality.

Mato Grosso Cancer Hospital

Campaign carried out internally with employees to contribute positively and promote the sense of volunteering and awareness of employees of the FNX Participações Group.

7.3 actionsEncouraged

Food donation

Campaign carried out with employees of the FNX Participações Group with the delivery of 400 kg of food to the Institute, based on the UN Sustainable Development Goal 02, which aims to ensure sufficient access to food for all people and, especially, children .

7.3 actionsEncouraged

World School of Ens. Inf. and Fund. Profº Leda

Maria Gomes Barbalho - Itaituba - PA

Structuring of an IT laboratory, through the donation of 6 complete sets of equipment (CPUs, Monitors, keyboards, mice, cables, prin ter) and materials such as chairs for the municipal school that serves 421 students (10 to 90 years old) in 3 teaching shifts and has 31 employees. The school is located in the Crepurizdo district, governed by the rural municipality of Itaituba — PA.

Pedro Henrique, commercial manager at Fênix DTVM, representing Grupo FNX Participações

CRÉDITOS

ESG Management

Talita da Silva Pereira Galvão, ESG Manager

Matheus Stevanin Ramos, ESG Analyst.

Developed content:

Talita Galvão

Matheus Stevanin

Lorena Duarte

Graphic Design and Layout

Lorena Duarte

Auro Luiz

Photos

FNX Shares Files

Image Bank

More information: fenixpar.com.br