IGO SUSTAINABILITY REPORT 2020

OVERVIEW 02 Chairman & CEO Message 02 FY20 Snapshot 04 Our Purpose & Strategy 06 Key Operations & Projects 11 Creating Shared Value 14 OUR APPROACH TO SUSTAINABILITY 17 Collaborating & Making a Difference 17 Voluntary Benchmarking & External Assessment 20 Measuring our Sustainability Performance 21 Reporting What Matters 22 Engaging Our Stakeholders 25 PROACTIVELY GREEN 27 BUSINESS INTEGRITY 33 Code of Conduct 33 Corporate Governance 34 Risk Management 37 Transparency 38 RESPONSIBLE OPERATIONS 41 Our People 42 Safety, Health & Wellbeing 48 Environmental Management 52 Mine Closure 62 OUR RESPONSE TO CLIMATE CHANGE 65 MAKING A DIFFERENCE 75 Working in Partnership with Communities & Traditional Owners 76 IGO Corporate Giving 80 OPTIMISING BUSINESS VALUE 85 FY20 Financial Summary 87 Our Economic Contributions 87 Working With our Supply Chain 87 Innovation & Collaboration Driving Improvements 90 STAKEHOLDER ENGAGEMENT 92 PERFORMANCE DATA 94 GRI CONTENT INDEX 102 GLOSSARY 117 ASSURANCE LETTER 122 CONTENTS WHO WE ARE IGO Limited (‘IGO’ or ‘the Company’) is a leading ASX-listed mining and exploration company with a strategic focus on metals that are critical to energy storage and renewable energy. Headquartered in Perth, Western Australia, IGO owns 100% of the Nova nickel-copper-cobalt Operation in Western Australia’s Fraser Range region and 30% of the Tropicana Operation, a Joint Venture with AngloGold Ashanti Australia in WA’s goldfields region. IGO has a strong purpose of Making A Difference and is an active participant in the local community. The Company is actively pursuing growth through a combination of exploration — to discover the mines of the future — and disciplined corporate activity to secure opportunities via mergers and acquisitions. Stock Exchange Listing IGO Limited is listed on the Australian Securities Exchange (ASX: IGO). It has been listed since 17 January 2002, having traded as Independence Gold NL from 17 January 2002 to 19 December 2003, Independence Group NL from 19 December 2003 until 17 January 2020 and IGO Limited since 17 January 2020. ABOUT THIS REPORT This is IGO’s sixth Sustainability Report and presents our sustainability performance for the period 1 July 2019 to 30 June 2020 (FY20). The report is produced to provide our stakeholders with a transparent account of how we address the most material sustainability issues our Company faced during FY20. It forms part of IGO’s annual corporate reporting suite and is best read in conjunction with IGO’s 2020 Annual Report, in addition to other IGO communications available online at www.igo.com.au The report has been prepared in accordance with the Global Reporting Initiative (GRI) Sustainability Reporting Standards (Core option) and the GRI Mining and Metals Sector Supplement. Although we report against the GRI Core option, we have reported above and beyond what is required to ensure full transparency. The report addresses those aspects deemed material to IGO and our stakeholders. For details on the approach of this Sustainability Report and a copy of the GRI Content Index, refer to page 102. The report covers activities currently under exploration and discovery, projects in development, managed operations, joint ventures and divested assets for IGO and its subsidiary companies. All performance data relates to IGO-managed operations only, unless otherwise stated. Where applicable, information and performance data are included for the non-managed Tropicana Joint Venture. Additional information about sustainability performance at the Tropicana Operation can be found online at www.anglogoldashanti.com All dollars are expressed in Australian dollars unless otherwise stated. We engaged an independent external assurance organisation, BDO Audit (WA) Pty Ltd, to provide the directors of IGO with assurance on selected subject matter and criteria, as explained in the independent limited assurance engagement letter on page 121. We value feedback from our stakeholders. Please forward any comments on this report or requests for additional information to contact@igo.com.au FORWARD-LOOKING STATEMENTS This report includes forward-looking statements regarding future events, conditions, circumstances and the future performance of IGO. Often, but not always, forward-looking statements can be identified by the use of words such as ‘may’, ‘will’, ‘expect’, ‘intend’, ‘plan’, ‘estimate’, ‘anticipate’, ‘continue’ and ‘guidance’, and may include statements regarding plans, strategies and objectives of management, anticipated production or construction commencement dates and expected costs of production outputs. Such forecasts, projections and information are not a guarantee of future performance and involve unknown risks and uncertainties, many of which are beyond IGO’s control. This may cause actual results and developments to differ materially from those expressed or implied in this Sustainability Report. Relevant factors, including those identified as risk factors, are set out in our Annual Report 2020. Forward-looking statements only apply at the date of issue. Except as required by applicable regulations or by law, IGO does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information or future events. Optimising Business Value Making a Difference IGO Limited ABN 46 092 786 304 Suite 4 Level 5 South Shore Centre 85 South Perth Esplanade South Perth WA 6151 Postal PO Box 496 South Perth WA 6951 Joanne McDonald Company Secretary and Head of Corporate Affairs +61 8 9238 8300 contact@igo.com.au www.igo.com.au 41 65 85 75 Our Response to Climate Change Responsible Operations IGO SUSTAINABILITY REPORT 2020— 1