Our approach to sustainability

Over the years, Velmont has made significant progress in integrating sustainability into our operations. As a large business, we must work responsibly to ensure Velmont continues to create value for all stakeholders. This includes a commitment to developing our people and protecting the wider communities in which we operate, as well as the natural environment.

Velmont's approach to sustainability (represented by company standards, principles, reports and goals) is based on a set of important, globally recognized standards that are relevant to our corporate identity.

The most important and universal of these are the United Nations' Sustainable Development Goals (SDGs). As an international company, we recognize the importance of all 17 SDGs, but prioritize the ten areas where our business has the greatest impact. We have set specific targets within these goals, which can be found in our

Velmont’ priority SDGs are:

• Goal 3: Good Health and Well-Being
• Goal 4: Quality Education
• Goal 6: Ensure availability and sustainable management of water and sanitation for all
• Goal 7: Affordable and Clean Energy
• Goal 8: Decent Work and Economic Growth
• Goal 9: Industry, Innovation and Infrastructure
• Goal 12: Responsible Consumption and Production
• Goal 13: Climate Action
• Goal 15: Life on land
• Goal 17: Partnerships for the Goals

Velmont is a member of the International Council on Mining and Metals (ICMM), the global organization for the mining and metals industry, from 2015 to 2022. Velmont remains committed to adhering to the 10 ICMM principles in all aspects of its activities.

1. Ethical Business
2. Decision-Making
3. Human Rights
4. Risk Management
5. Health and Safety
6. Environmental Performance
7. Conservation of Biodiversity
8. Responsible Production
9. Social Performance
10. Stakeholder Engagement

In the practice of sustainable development, Velmont believes that it is very important to follow the priorities of its own country and partner countries. It fully considers the standards of the National ESG Alliance and contributes to the goal of achieving common development with each country.

• Goal 1: Preservation of the population, health and wellbeing of people
• Goal 2: Opportunities for self-fulfillment and unlocking talent
• Goal 3: Comfortable and safe living environment
• Goal 4. Decent and effective jobs and successful enterprises
• Goal 5. Digital transformation