Ivanhoe Mines Ltd

Ivanhoe Mines recognizes that participating in, or becoming a member of industry associations helps to advance industry-specific research, shared thought leadership and best practice experiences, drive a positive change in mindset to collectively exert influence throughout industry value chains and harness additional checks and balances on accountability. This aligns with our ethos of 'Mining with a greater purpose'. Ivanhoe Mines joined the International Copper Association (ICA) in 2021. The ICA is an organization that promotes copper and protects its markets through developing and implementing a comprehensive sustainability product positioning strategy, covering aspects such as carbon footprint and circularity. Since 2022, Ivanhoe Mines has also been engaging with the Copper Mark, initially created by the ICA but now a separate and independent organization, to pursue accreditation for our Kamoa-Kakula Copper Complex. The objective is to become certified for membership with the Copper Mark by 2025. [...] We will also be considering how recommendations made by the Global Standard on Responsible Lobbying might be incorporated into our existing governance and transparency processes. **We have provided a means, through our whistleblower hotline, which is accessible through the Ivanhoe Mines website, to raise any ethical concerns about our affiliations and the way we do business.** [...] Our governance mechanisms help us to identify any activity by an industry association that might not be aligned with Ivanhoe's ideals, policies or practices. In addition, any Ivanhoe Mines' employee who has a relationship or individual membership with an industry association is obligated to monitor the activities of that association.

The Sustainability Committee reviews our business and sustainability strategies and activities at least twice each year to ensure that they meet the needs of the organization and our stakeholders while protecting, sustaining and enhancing human and natural resources, both present and future. At the time of writing, the Sustainability Committee is comprised of four members, 25% of which are female. During 2021, the Sustainability Committee held two meetings which dealt primarily with the following matters: [...] The Board, while retaining ultimate responsibility for all matters relating to the Company and its business, delegates the responsibility for managing the day-to-day affairs to the executive committee and other senior management personnel. In discharging this responsibility, the Board retains a supervisory role and oversees and monitors significant corporate plans and strategic initiatives, including quarterly budget reviews and approvals, and discussions with management relating to strategic and budgetary issues. At least one meeting per year is devoted substantially to the review of strategic plans proposed by management. The executive committee is responsible for implementing strategy as approved by the Board, as well as the management of risks and the determination of Company priorities relating to our principal economic, social and environmental impacts, risks and opportunities. [...] Our President chairs the executive committee and bears the ultimate responsibility for sustainability together with the Executive Vice President, Sustainability and Special Projects. Sustainability is regarded as a cross-functional discipline and the Executive Vice President, Sustainability and Special Projects is also responsible for convening and coordinating employees in other corporate functions or business units in support programs or activities that reinforce Ivanhoe's focus on ESG matters. Ivanhoe's sustainability strategy is also integrated into decision-making by embedding it into executive performance and remuneration, as well as into corporate and operational annual key performance areas (KPAs), and the annual KPAs of senior management personnel and various other personnel as may be required.

In line with their mandate, the Sustainability Committee reviews and recommends the annual Sustainability Report to the Board for approval. [...] The Board, while retaining ultimate responsibility for all matters relating to the Company and its business, delegates the responsibility for managing the day-to-day affairs to the executive management committee and other senior management personnel. [...] Certain responsibilities have been delegated to the Sustainability Committee, including the review of our safety, health and environmental policies and compliance therewith, and oversight of our sustainability performance and risks. [...] Our President chairs the executive committee and bears the ultimate management responsibility for sustainability together with the Executive Vice President, Sustainability and Special Projects. [...] Sustainability is regarded as a cross-functional discipline and the Executive Vice President, Sustainability and Special Projects is also responsible for convening and coordinating employees in other corporate functions or business units to support programs or activities that reinforce Ivanhoe's focus on ESG matters. [...] We have a dedicated corporate sustainability team, headed by the Vice President, Sustainability, which interfaces with the project sites and oversees operational implementation of the Company's sustainability requirements. [...] Ivanhoe's sustainability strategy is integrated into decision-making by embedding it into executive performance and remuneration, as well as into corporate and operational annual key performance areas (KPAs), weighing 15% of the total scorecard. It is also filtered down into our project scorecards, as well as the annual KPAs of senior management personnel and various other...

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]Formalised process to be developed.

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]No, but we plan to have one in the next two years