Our Principles in Practice: Highlights from our ESG journey - 2022

OUR PRINCIPLES IN PRACTICE

Highlights from our ESG journey - 2022

ENERGY MANAGEMENT AND GHG EMISSIONS

A MESSAGE FROM OUR CEO

After publishing Redpath’s ESG statement in 2021, we engaged PwC to help us determine the most important ESG areas for our company and our clients. In doing so, we once again learned how our decades-old Philosophy and Guidelines for Success were so ahead of their time in providing guidance. But we cannot rest on the past; our ESG journey continues and we have much work to do! Eight priority areas will be our focus going forward. We hope you will enjoy this overview of some of the ESG stories from 2022.

George Flumerfelt Chief Executive Officer The Redpath Group of Companies

Redpath’s new 15,600 square foot mobile equipment repair facility in North Bay, Canada, incorporates environmentally conscious features including solar-powered auxiliary power units, heated floors, wastewater collection and recycling, and recirculated air for ventilation. These features expect to provide electrical energy savings of over 135,000 kW annually.

BASELINE: OUR CURRENT FLEET*

574 UNITS* 86 Jumbos/Bolters

166 Loaders/Trucks

90 Utility Vehicles

OUR ESG PRIORITIES

232 Pickups & People Transport

In addition to replacing the coal-heating unit with a gas-condensing boiler in Redpath Deilmann's Dortmund office, our German business unit is using smart thermostats to control heating and cooling.

Other Redpath offices, such as those in South Africa and Australia, are in the process of supplementing their electrical energy needs with solar installations.

* Redpath-owned global fleet used in development contracts

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Energy Management GHG Emissions Health, Safety & Wellbeing Talent Attraction and Retention Social Responsibility (SR) Indigenous Relations Ethics & Integrity Anti-Corruption & Anti-Bribery

By early 2023, we expect to have the means to track GHG emissions of our Redpathowned fleet. This will enable us to explore opportunities to reduce our carbon footprint through different engine types, better maintenance practices and/or electrification.

Redpath Deilmann acquired hybrid company cars.

SAFETY, TALENT, SOCIAL RESPONSIBILITY AND INDIGENOUS RELATIONS

50,000+

4,000+

350,000+

LICENSES AND CERTIFICATIONS ISSUED*

SAFETY TRAINING HOURS COMPLETED*

PROACTIVE SAFETY PROGRAM ACTIVITIES ISSUED*

* Global annual numbers

We are committed to ensuring that The Redpath Group is a great place to work – where people are recognized for their contributions and where they have a sense of belonging.

Redpath supports local initiatives that benefit communities where we operate. Our support to the North Bay Regional Health Centre amounts to CAD 650,000 in the last 20 years.

MONGOLIAN WORKFORCE

INDONESIAN WORKFORCE

MONGOLIAN

INDONESIAN

43% from South Gobi

In 2019, Redpath embarked on a Culture Values journey focused on the health and strength of our corporate culture. Using the Culture Transformation Tools of the Barrett Values Centre, the initiative is part of our efforts to become “the employer of choice” - one that both attracts and retains great talent.

20 POINTS ABOVE INDUSTRY AVERAGE*

Redpath Australia has partnered with MATES in Mining to provide training in mental health and suicide prevention.

The training forms the backbone of the company’s Strength in Numbers initiative.

The “500 for Zero” safety initiative is a complementary program, where Redpath Australia donates $500 to MATES in Mining for every week of zero injuries across all company sites.

97%

CORPORATE CULTURE VALUES ASSESSMENT

>90% 25% from Papua

25 POINTS INCREASED CULTURE SCORE (2019 to 2021) * Redpath's culture score in 2021.

CORPORATE EMPLOYEE ASSISTANCE PROGRAM (EAP)

The program offers 24/7/365 confidential access to a variety of crisis management professionals in all languages. Examples of services include legal, emotional and financial consultancy.

Redpath Australia’s first Reconciliation Action Plan (RAP) was endorsed in 2022

by Reconciliation Australia, the lead body for reconciliation in Australia. The plan outlines the commitment to developing relationships with Traditional Owners and local community groups, as well as providing employment and sustainable business opportunities for Aboriginal and Torres Strait Islander peoples. An internal working group has been established to develop specific initiatives in 2023.

Innu Inuit Redpath Limited Partnership, Redpath’s strategic partnership with Innu Development Limited Partnership and NGC Nunatsiavut Inc., is engaged in work at Voisey’s Bay in Labrador, Canada.

Redpath Africa’s JV with Thonket Mining Services in Ghana undertakes projects in western Africa. Partnerships with local businesses in other parts of Africa go back over 15 years.

ETHICS AND ANTI-CORRUPTION EMPLOYEES ENROLLED IN COMPLIANCE E-TRAINING

1,403

907

811%

INCREASE IN TRAINING COMPLETIONS 173

* 2023 figure is year-to-date

2016

(Since 2016)

2017

2018

2019

2020

2021

2022

Redpath’s Compliance Program from 2014 is based on our foundational Philosophy and Guidelines for Success, which have been applied to a system of clear governance and effective risk management. The program helps us monitor and support the ethical health and long-term prosperity of the company. It also assists in promoting and preserving the practice and values of the foundational principles. The program includes our Code of Conduct, global compliance training, incident reporting, and an enforcement and communications component.

2023*

REDPATH To read our ESG Statement, including our foundational Philosophy and Guidelines, please use the QR code or visit our website.

redpathmining.com