Red5 Annual Report 2022

9 2022 ANNUAL REPORT ENVIRONMENTAL, SOCIAL AND GOVERNANCE Summary FY22 OVERVIEW FY-22 marked a defining period in Red 5’s growth pathway to becoming a mid-tier Australian gold producer. The construction, ramp up and delivery of the King of the Hills (KOTH) Mine was achieved on time and within budget. Throughout the year, the Company’s key Environment, Social and Governance (ESG) focus was: 1. maintaining compliance. 2. maximising water efficiency. 3. minimising waste. 4. improving our carbon footprint. 5. stakeholder engagement. ENVIRONMENT Water management KOTH mine dewatering and existing production bores around the open pit provided the necessary water supply for the KOTH processing plant construction, commissioning and ramp up. The re-commissioned Sullivan Creek borefield, including four new production bores, mine dewatering and recycled tailings decant water will continue to support operations going forward. Solar farm at KOTH providing 2MW to the operation. Borefield powered by a solar array. SOCIAL Cultural heritage The landscape in the region holds special significance for local traditional owners. Surveys involving specialist archaeologists, anthropologists and the traditional owners have taken place in all areas of our operation. Sites of importance have been mapped and integrated into our mine planning process to avoid these sites and protecting them for the future. Red 5 is committed to engaging and consulting with traditional owners to ensure protection of important cultural heritage values and to maintain a positive relationship between the Darlot people and Red 5. Human capital Red 5 is committed to ensuring that it is an employer of choice and that it provides a safe, respectful work environment for all its employees. It has in place a Diversity Policy and will look to further develop its diversity activities having regard to the challenging Western Australian market for talent. Red 5 notes the reports prepared for the Western Australian Parliament in 2022 titled “Sexual Harassment on Women in the FIFO Mining Industry” and has developed a program in response for implementation in FY23. Community relations Red 5 operates in a sparsely populated region with the main communities being in the township of Leonora and several local landowners. A number of providers located in the region benefit from the Red 5 operations through provision of services. Red 5’s presence additionally benefits the community through our emergency medical facilities and medical response capability and various levels of assistance to our surrounding pastoralists. Routine monitoring is vital to the sustainability of our groundwater resources. Waste management In FY-22 a specialist waste management contractor was engaged to demolish the remains of the historical processing and administration infrastructure at KOTH, as well as provide waste management services for the operations. Disposal and recycling processes across the operation will continue to be refined and improved in collaboration with business partners, which will include a new landfill, scrap storage/salvage and bioremediation area planned for construction in early FY-23. Green House Gas management Power for the KOTH operation is sourced from an onsite hybrid gas-solar power station. This has significantly reduced the operation’s carbon footprint relative to a diesel fuelled power generation alternative. The installation includes a 2MW solar farm and solar arrays to power some production bores further reduces the operation’s carbon emissions.

RkJQdWJsaXNoZXIy MjE2NDg3