2021 Annual Report

The IGO Strategy Our winning aspiration is to be a globally relevant supplier of products that are critical to clean energy, to create a better planet. People People who are bold, passionate, fearless and fun – a smarter, kinder, more innovative team Diverse Suite of Products Made safely, ethically, sustainably and reliably Customer Focused Connecting with end users through vertical integration Carbon Neutral Committing to carbon neutrality across our business Our strategy has evolved as our business has transformed. For many years, IGO’s strategy was to be a diversified mining Company with upstream assets exposed to nickel, copper, cobalt and gold. In 2017, the IGO Board and leadership team recognised the significant opportunity resources businesses, such as IGO, had to play in the decarbonisation of our planet. From this point, we realigned our strategy to focus on metals critical to clean energy, which includes renewable energy generation, energy storage and the electrification of transport. Emboldened by the conviction to our strategy, we first rationalised our portfolio through the divestment of non-core assets while rebuilding and aligning our exploration team and portfolio. Most recently, in FY21 we completed the transformation of the portfolio through the sale of our stake in the Tropicana Gold Mine, and also by our investment in the Lithium JV with Tianqi. Our transition to become a future facing business is now complete with our business 100% focused on producing products critical for enabling clean energy. This transformation and our strong strategic conviction provide an ideal platform from which we will continue to grow a sustainable business and deliver strong returns for our shareholders long into the future. Our aspiration is to contribute to a better planet bybeing a globally relevant supplier of products critical for enabling clean energy Our Strategy 10 — IGO ANNUAL REPORT 2021