Sustainability Report 2021

WHOWE ARE IGO Limited is an ASX 100 listed Company focused on creating a better planet for future generations by discovering, developing, and delivering products critical to clean energy. As a purpose-led organisation with strong, embedded values and a culture of caring for our people and our stakeholders, we believe we are Making a Difference by safely, sustainably and ethically delivering the products our customers need to advance the global transition to decarbonisation. Through our upstream mining and downstream processing assets, IGO is enabling future-facing technologies including the electrification of transport, energy storage and renewable energy generation. IGO owns and operates 100% of the Nova nickel-copper-cobalt operation in Western Australia and is invested in a lithium focused joint venture (Lithium JV) with our partner, Tianqi Lithium Corporation, which comprises a 51% stake in the Greenbushes Lithium Mine and 100% interest in a downstream processing refinery at Kwinana in Western Australia to produce battery grade lithium hydroxide. IGO is also focused on discovering the mines of the future and has an enduring commitment to investing in exploration to ensure the world has a sustainable supply of clean energy metals into the future. Stock Exchange Listing IGO Limited is listed on the Australian Securities Exchange (ASX: IGO). It has been listed since 17 January 2002, having traded as Independence Gold NL from 17 January 2002 to 19 December 2003, Independence Group NL from 19 December 2003 until 17 January 2020 and IGO Limited since 17 January 2020. ABOUT THIS REPORT This is IGO’s seventh Sustainability Report and presents our sustainability performance for the period 1 July 2020 to 30 June 2021 (FY21). The report is produced to provide our stakeholders with a transparent account of how we address the most material sustainability issues our Company faced during FY21. It forms part of IGO’s annual corporate reporting suite and is best read in conjunction with the IGO 2021 Annual Report, in addition to other IGO communications available online at The report has been prepared in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Standards (Core option) and the GRI Mining and Metals Sector Supplement. Although we report against the (GRI Core option), we also report above and beyond what is required to ensure full transparency. The report addresses those aspects deemed material to IGO and our stakeholders. For details on the approach of this Sustainability Report and a copy of the GRI Content Index, refer to page 106. The Sustainability Report covers activities currently under exploration and discovery, projects in development, managed operations, joint ventures, and divested assets for IGO and its subsidiary companies. All performance data relates to IGO- managed operations only, unless otherwise stated. Additional information about sustainability performance at the Tropicana Operation and Tianqi Lithium Corporation can be found online at and respectively. All dollars are expressed in Australian dollars unless otherwise stated. We engaged an independent external assurance organisation, BDO Audit (WA) Pty Ltd, to provide the Directors of IGO with assurance on selected subject matter and criteria, as explained in the independent limited assurance engagement letter on page 127. We value feedback from our stakeholders. Please forward any comments on this report or requests for additional information to ACKNOWLEDGEMENTS We acknowledge the Traditional Owners of the land on which we operate and on which we work. We recognise their connection to land, waters, and culture, and pay our respects to their Elders past, present and emerging. We would like to thank Neil Warburton who retired from the IGO Board in FY21 for his significant contribution to IGO over the last five years. We are also pleased to welcome two new appointments to the Board, Xiaoping Yang as a Non-executive Director and Michael Nossal as a Non-executive Director who transitioned to the Chair role on 1 July 2021. We would also like to take this opportunity to thank Peter Bilbe, who was appointed to the IGO Board in 2009, for his substantial contribution to the Company. Over his tenure, Peter has overseen the positive transformation of IGO, culminating in the announcement on 30 June 2021 of the completion of the transaction with Tianqi Lithium Corporation. IGO will continue to benefit from Peter’s input as a Non- executive Director until the 2021 AGM. IGO is proud to report the Australasian Reporting Awards (ARA) awarded IGO’s 2020 Sustainability Report a Gold Award in 2021. Forward-Looking Statements This report includes forward-looking statements regarding future events, conditions, circumstances, and the future performance of IGO. Often, but not always, forward-looking statements can be identified by the use of words such as ‘may,’ ‘will,’ ‘expect,’ ‘intend,’ ‘plan,’ ‘estimate,’ ‘anticipate,’ ‘continue’ and ‘guidance,’ and may include statements regarding plans, strategies and objectives of management, anticipated production or construction commencement dates and expected costs of production outputs. Such forecasts, projections and information are not a guarantee of future performance and involve unknown risks and uncertainties, many of which are beyond IGO’s control. This may cause actual results and developments to differ materially from those expressed or implied in this Sustainability Report. Relevant factors, including those identified as risk factors, are set out in our 2021 Annual Report. Forward-looking statements only apply at the date of issue. Except as required by applicable regulations or by law, IGO does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events.