2021 Annual Report

Making a Difference is our reason for being – our purpose. IGO’s long-term success depends on our ability to build relationships with our host communities and related stakeholders. Climate change is perhaps the most complex risk facing society today, but it is this opportunity that is also shaping IGO as we transitioned into a company 100% aligned to clean energy metals. Our Response to Climate Change Communities & Traditional Owners Today, more than ever, we know that addressing climate change effectively requires businesses, governments and society to work together. As the impacts of climate change are increasingly being felt around the world, we all understand our responsibility to act. At IGO, we are focused on creating a better planet for future generations by discovering, developing and delivering products critical to clean energy. Climate change considerations are fully integrated into our strategic and operational decision-making. IGO aspires to be leaders in the acceleration to carbon neutrality. We aspire to be carbon neutral across our direct operations and activities by 2035 and will continue to develop a decarbonisation strategy addressing our supply chain and scope 3 emissions. IGO have disclosed in line with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) since 2017. Our disclosure is structured around the four thematic areas of TCFD that represent core elements of how organisations operate – governance, strategy, risk management and metrics and targets. As a Company we are acting and will continue to act in addressing climate change. We do this by actively engaging with all our stakeholders and consider the impacts of our business activities at every stage to co-create shared value projects and build a reputation of caring and doing what we say we will do. IGO greatly values its relationships with the Traditional Owners on whose lands we operate and acknowledges the rights and interests of Traditional Owners to protect and manage their cultural heritage. In Western Australia, our operations, including Nova and the Lithium JV, are located on determined native title lands with the Ngadju and Noongar Traditional Owners, respectively. Across our exploration tenure, IGO explores on lands of many Traditional Owners including the Bunuba, Dambimangari, Gooniyandi, Martu, Ngadju, Warrwa, Untiri Pulka and Upurli Upurli Nguratja peoples in Western Australia and the Walpiri, Luritja and Pintupi peoples in the Northern Territory. To respect and ensure clarity of rights and responsibilities, IGO enters into native title agreements where it has land tenure interests that interact with those rights and interests of Traditional Owners. Some of the organisations IGO supported through its Corporate Giving Program in FY21 include: Clontarf Foundation, CoRE Learning Foundation, Earbus Foundation of WA, Esperance Senior High School, Norseman District High School, Ronald McDonald House Charities, Royal Flying Doctor Service WA and Teach Learn Grow. 1. Includes the A$250k donated to the Norseman and Esperance communities. FY21 refined our response and strategy on climate change, implementing a number of work programs to accelerate towards carbon neutrality 11% of Nova’s total power consumption delivered from solar renewable energy in FY21 A$60/t CO 2 -e IGO’s internal carbon price in FY22 to provide the internal funding for our decarbonisation projects total payments made to Ngadju during FY21. Of this payment, production royalty payments totalled A$3.9M A$4.7M Our Sustainable Business volunteered by IGO people donating their time to charitable causes 677 hrs invested in Corporate Giving in FY21 compared to A$603k in FY20 A$904k 1 30 — IGO ANNUAL REPORT 2021