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6 Independence Group NL

FY2015 SCORECARD

SAFETY

There has been a significant improvement over the past two years in the Company’s safety performance. The total recordable

injury frequency rate (TRIFR) and lost time injury frequency rate (LTIFR) expressed in number of injuries per million hours worked

significantly improved over the past two years. This is a credit to our people.

(1)

LTIFR is lost time injury frequency rate expressed in number of injuries per million hours worked.

(2)

TRIFR is total recordable injury frequency rate expressed in number of injuries per million hours worked.

FY2015 SCORECARD – CORE METRICS

Metric

Target

(1)

Achieved

Score

Tropicana

Gold production (oz)

141,000 – 147,000

148,923

Cash cost ($/oz)

590 – 630

568

Long

Nickel production (t)

9,000 – 10,000

10,198

Cash cost ($/lb)

4.30 – 4.70

4.01

Jaguar

Zinc production (t)

40,000 – 43,000

44,999

Copper production (t)

5,800 – 6,500

7,380

Cash cost ($/lb)

0.40 – 0.60

0.43

(1)

Original FY2015 guidance published on 28 July 2014.

12 Mthly Rolling LTIFR

(1)

Jul 13

Oct 13 Jan 14 Apr 14 Jul 14 Oct 14 Jan 15 Apr 15 Jul 15

16

14

12

10

8

6

4

2

0

50

45

40

35

30

25

20

15

10

5

0

LTIFR

TRIFR

TRIFR

(2)