2021 Annual Report

RECOGNITION OF COMMITMENT TO ESG IGO was recognised for its strong ESG performance with admission to the Dow Jones Sustainability Index Australia for the second year running. IGO was also included in the S&P Sustainability Yearbook for 2021 IMPROVED FEMALE GENDER DIVERSITY ASX 100 INCLUSION In recognition of IGO’s growth, the Company was admitted to the S&P/ASX 100 Index in February 2021 TRANSFORMATIONAL LITHIUM INVESTMENT IGO invested in a new lithium focused joint venture with Tianqi Lithium Corporation. Through the new joint venture, IGO has gained exposure to the world-class Greenbushes Lithium Mine and the Kwinana Lithium Hydroxide Refinery, both located in Western Australia EXCELLENT FINANCIAL PERFORMANCE IGO delivered record financial results for FY21, reporting total revenue and other income of A$919M 1 , underlying EBITDA of A$475M and underlying free cash flow of A$363M DIVESTMENT OF TROPICANA In May 2021, IGO divested its 30% stake in the Tropicana Gold Mine to Regis Resources Limited for proceeds of A$889M At a Glance 1. Revenue and other income from continuing and discontinued operations (excluding profit on sale of Tropicana of A$557M). 2. Profit after tax includes gain on sale of Tropicana after tax of A$385M. Profit after tax excluding this gain was A$164M. OUTSTANDINGPERFORMANCE FROM NOVA Nova production exceeded guidance for all metals, and confirmed its position as the lowest cost nickel operation in Australia with cash costs of A$1.85/lb Ni (payable) 27% ( 3% vs FY20) of our overall workforce are female, with a significant improvement across all disciplines at our Nova Operation IGO ANNUAL REPORT 2021— 3