Panasqueira Tungsten-Tin Mine Presentation

SANGDONG ESG Equator principles and beyond. A ALMONTY 1 2 3 Assessment of environmental and social risks of major projects based on 10 principles, including regular monitoring by independent third parties and intensive dialogues with the local population and their organizations Almonty has agreed to develop the Sangdong mine in accordance with the Equator Principles. These are standards defined by the International Finance Corporation (subsidiary of the World Bank Group). www.equator-principles.com Extensive plans exist to minimize the mine's impact on air quality, flora and fauna, groundwater, surface water and biodiversity. Baseline study on these issues has already been conducted 4 Almonty, local authorities and non-governmental organizations expect that the positive effects of the Sangdong mining operation will by far outweigh any negative impacts 5 A ALMONTY Since the development in 2006 no complaints or conflicts with local groups with respect to the project have been reported. On the contrary, Sangdong Municipality and all stakeholders have welcomed the project and support it unreservedly fin *for further information please visit: https://almonty.com/wp-content/uploads/2019/06/Non-technical-ESIA.pdf 31

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