b'SUSTAINABLE DEVELOPMENT FRAMEWORKThere are many ESG reporting frameworks globally. As an emerging producer of critical minerals, Centaurus is cognisant of the importance of selecting the right framework early, so we can set relevant baseline data and accurately measure our ESG performance as we mature as an organisation and progress our projects. JNP South, looking SouthWe recognise that there is a globalprograms, environmental and community movement towards standardisationobligations, ethical standards, code of of reporting frameworks across theconduct and compliance procedures resources sector to facilitate independentare being planned and developed assurance and ease of comparisonin accordance with our ESG policy between companies and other sectors. framework.Since the Company started business inAs such, we believe that adopting the TSMAs we finalise the Jaguar Projects DFS Brazil, our approach to exploration andPrinciples and PRI is appropriate for ourduring 2023, the Board will continue: project development has been based on aorganisation.commitment to sustainability.Along thisWe believe that our alignment with theseOverseeing the development of newjourney, we have learned important lessonsESG policy frameworks will assist inpolicies and initiatives that ensure best and our approach to sustainability hasimproving the well-being of present andpractice risk management and reflect evolved as we learn more about the mineralsfuture generations.In doing so, thesestakeholder expectations;we target, their use in combating climateprinciples will help Centaurus to establishReviewing the Companys sustainability change, and the country and communities ina stable platform for the adoption of thestrategy and providing advice which we operate. best reporting framework in the near- to management on associated Our approach to sustainability can beterm that encapsulates quantitative andimplementation plans and other summarised into the following key focusqualitative financial and non-financialissues that may impact the Companys areasEnvironment, People, Communityaspects of good ESG. sustainability performance;and Governance.We continue to evolveWith the JNP currently at feasibility studyIdentifying and managing ESG risks our governance frameworks to ensurestage, Centaurus is well-placed to designassociated with the way we undertake integrity across all our business functionssustainable systems into the projectsour exploration activities and design remains robust, and what we do is ethically,development, thereby promotingour projects;socially and environmentally right for all oursustainable development practices stakeholders. during operations that maximise ourAssisting the Senior Management Team performance under the principles of bothwith monitoring and reviewing of the 70% of global nickel TSM and PRI. Companys risk culture; andproduction currentlyReviewing and monitoring the used to manufactureOverseeing this sustainability pathwayCompanys compliance with legal and stainless steel is the responsibility of the Board, whoseregulatory obligations, internal policies members meet regularly to ensureand industry standards. the Companys risk management systems, governance and sustainability 13'