Sustainability Report 2021

Chair & CEO Message Focusing on a sustainable future It is our joint pleasure to present IGO’s Sustainability Report for the 2021 financial year. Sustainability at IGO is about much more than compliance. To us, it is central to what we do and is a core part of our values, purpose and strategy. How we go about our business is as important as what we do. Through our upstream mining and downstream processing assets, we are enabling sustainable, future facing technologies including the electrification of transport, energy storage and renewable energy generation. We are supplying the products critical to a clean energy future. We care deeply about reducing the impact of our operations on the environment and ensuring our people and communities are safe, supported and engaged with our business. We are acutely aware of our responsibility and believe we, together with the broader mining industry, can play an important role in addressing some of the pressing issues of our era. This Sustainability Report aims to transparently and comprehensively outline what we have achieved in matters which are material to our stakeholders and to provide them with the information and clarity around current and future areas of focus. During FY21, and included within this report, we have refined our sustainability model which is now built around seven key pillars. This model will help guide IGO’s future sustainability practices and reporting, and provide a consistent framework against which our performance can be measured. SUSTAINABILITY AS A STRENGTH IGO has a proud history of sustainability performance and reporting and a culture of continuous improvement, which sees us constantly seeking ways in which we can conduct business more responsibly. Our commitment to sustainability continues to be recognised by third- party agencies. In 2021, and for the second year running, IGO is a constituent in the Dow Jones Sustainability Index Australia, with a ranking in the 85th percentile and being one of just nine mining companies in the Index. In addition, IGO was included in the S&P Global Sustainability Yearbook for 2021, being one of 13 mining companies globally and one of two Australian mining companies who were admitted. This is an achievement we are proud of and one we intend to maintain. OUR CARBON NEUTRAL STRATEGY Climate change is one of the most complex risks facing the world today. At IGO, we acknowledge that climate change is a fundamental societal problem – one which presents both challenges as well as opportunities. As technological advances make the generation and storage of renewable energy more efficient and cost effective, the demand for raw materials that enable the growth of these technologies is enormous. IGO identified the opportunity to strategically focus on battery materials in 2017, and in FY21 we completed our strategic transition through the transaction with Tianqi Lithium Corporation to form a global lithium joint venture and the divestment of our stake in the Tropicana Gold Operation. IGO is now 100% focused on clean energy products including nickel, copper, cobalt and lithium, which are essential for renewable energy generation, grid scale energy storage and electric vehicles. By producing these products that are critical to enabling new ‘green’ technologies, IGO is part of the climate change solution. 4 —IGO SUSTAINABILITY REPORT 2021