Danakali ESG Framework

AFC is a strong partner for Danakali, Colluli and Eritrea AFC is a leading investment bank and development finance institution created to help mobilise required capital towards driving Africa's development • Expertise in principal investing, project development and financial advisory External funding from commercial markets, Euro & Green Bond issuance require commercial returns • Addressing Africa's infrastructure development needs • Comprised of 27 African Member States (including recent addition Eritrea) and 3 Multilateral Organisations Broad investment footprint with US$8.0 billion cumulative amount disbursed across 32 African countries* "AFC's mandate is to develop Africa and ensure that more of the value of the continent's resources benefit the continent's people through the creation of jobs and opportunities along with improving living standards. AFC are fully committed to seeing Colluli developed as quickly and safely as possible and look forward to working with the key stakeholders, ENAMCO, Afreximbank and Danakali on this important objective and ensure the project is fully funded as soon as possible so production commences in 2022." Samaila D Zubairu President and CEO of AFC 26 October 2020 *Figures as at December 2019 DANAKALI

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