IGO Interactive Annual Report 2020

2020 CORPORATE GOVERNANCE STATEMENT The Company’s 2020 Corporate Governance Statement outlines the Company’s current corporate governance framework, by reference to the Corporate Governance Principles and Recommendations contained in the ASX Corporate Governance Council’s 4th Edition of its Corporate Governance Principles and Recommendations (ASX Recommendations). During FY20, the Company’s corporate governance practices complied with all relevant ASX Recommendations. The Corporate Governance Statement is current as at 27 August 2020 and has been approved by the Board. This statement can be found in the Governance section of IGO’s website at http://www.igo.com.au/site/our- business/governance along with the ASX Appendix 4G, a checklist cross-referencing the ASX Recommendations to disclosures in the Corporate Governance Statement and the 2020 Annual Report. BOARD SKILLS & EXPERIENCE The Board undertakes a comprehensive review of the board skills matrix on an annual basis, more details on this review can be found in the 2020 Corporate Governance Statement. Following the review, it was determined that the Board and Committees currently have a strong combination of skills and experience across the key desired areas as listed below. As part of the FY20 review the skills and experience of the Executive Leadership Team (ELT) were also assessed against the same categories to ensure the Board skills are complemented by the ELT skills. To the extent that any skills are not strongly represented on the Board, they are augmented through management and external advisors. STRATEGY Demonstrated ability to envision a desired outcome and to develop, contextualise and keep alive strategic plans to deliver the desired outcome EXECUTIVE LEADERSHIP Effective leadership delivering business success through engagement, enablement and organisational design and change STEM Demonstrated experience in the fields of science, technology, engineering or maths INDUSTRY SPECIFIC Senior executive experience in the mining or resources industry including an in- depth knowledge of exploration, project development and construction, operations, markets, competitors, technology and innovation DOWNSTREAM PROCESSING AND MARKETS Knowledge of chemical processing operations and production, quality control and marketing for specialty chemicals AUDITING AND/OR FINANCIAL REPORTING Management oversight of, or qualifications and/or experience, in corporate finance, accounting and financial controls functions RISK MANAGEMENT Experience working with and applying broad risk management frameworks in various countries, regulatory regimes or business environments GOVERNANCE Commitment to high standards of governance, including experience with a large business enterprise which is subject to rigorous governance standards ORGANISATIONAL CULTURE Experience in reward/recognition strategy to mobilise a critical mass of people who want to come to work, know what to do and can and want to be their best PEOPLE WELLBEING, INCLUSION AND DIVERSITY Demonstrated experience in development and implementation of programs of work to foster inclusion and diversity and/or physical, emotional and financial wellbeing HEALTH AND SAFETY Senior management experience in workplace health, wellbeing and safety INNOVATION AND/OR STRATEGIC ENTREPRENEURSHIP Experience in unlocking transformational value through innovation to change the way things are done or what is produced GLOBAL AND/OR INTERNATIONAL Experience in a global organisation or working in a non-Australian jurisdiction with international assets, business partners, cultures and communities M&A AND/OR FUNDING Experience managing, directing or advising on mergers, acquisitions, divestments, portfolio optimisations and delivering funding solutions CAPITAL PROJECTS Experience with projects with large capital outlays and longer term investment horizons, in both the planning and execution phases TECHNOLOGY, DIGITAL TRANSFORMATION AND/OR CYBER SECURITY Experience with new and emerging technology and insights from industries that have been through significant technology/ digital disruption or transformation ENVIRONMENTAL SUSTAINABILITY AND/OR CLIMATE CHANGE Understanding of: • matters related to land access (social licence to operate) • key matters of public concern (e.g. changing societal demands related climate change, the decarbonisation of industry and TSF management) • the industry’s key role in land management, particularly in Australia, and the associated obligations related biodiversity conservation STAKEHOLDER RELATIONS AND/OR ACTIVISM Experience in socially responsible development and operation and with engaging, influencing and building positive relationships with stakeholders LEGAL Broad skills and experience across legal functions, including corporate M&A and mining law REGULATORY AND PUBLIC POLICY Experience in diverse political, cultural, regulatory and business environments and in influencing public policy decisions and outcomes High This Board Skills Matrix shows the percentage of Directors on the Board who have a high level of skill in the area of competence taking into consideration the many years of direct experience each Director may have. Moderate LEGEND 38 — IGO ANNUAL REPORT 2020 IGO ANNUAL REPORT 2020— 39