b'OUR APPROACH TO SUSTAINABILITYNickel has outstanding physical and chemicalproperties that make it essential in many thousands of products, applications, and technologies. Today, its biggest use is in producingdrive performance and ensure that key metal alloys, with approximately 70% ofmining risks at any operation are managed global nickel production currently used toresponsibly. The most important Mining manufacture stainless steel. More recentlyAssociation in the Brazilian mining industry, though, nickel is seen as one of the keyIBRAM, has endorsed and promotes the industrial metals that is powering the cleanTSM Principles. Further, the Agency for energy revolution. Nickels vital contributionDevelopment and Innovation of Brazils to the production of lithium-ion (Li-ion)Mining Sector (ADIMB), of which Centaurus batteries is expected to deliver exceptionalis an active member, endorses the TSM demand growth for the metal over thePrinciples.coming years and is a key element of theAdoption of these principles is voluntary, yet global transition to green energy. the Company sees wide-reaching benefits Centaurus recognises the global concernin how we manage and report community over climate change and is committed torelations, environmental sustainability, and the drive towards energy efficiency andthe health and safety of our employees and the adoption of strict carbon emissionsthe community. A summary of the guiding targets by international governments. WePrinciples of TSM, and how Centaurus is actively promote the continued interest intracking against these, is presented at the renewable energy technologies involvingend of this Sustainability Report.batteries and energy storage, with futureThe PRI defines responsible investment nickel production from the JNP set toas a strategy and practice to incorporate make a significant contribution to batteryenvironmental, social and governance technologies helping to reduce greenhousefactors in investment decisions and active gas emissions. Enabling clean energyownership. The PRI is a global organisation solutions is central to Centaurus efforts tothat encourages and supports the uptake tackle climate change. of responsible investment practices within In late 2021, the Company adopted a formalthe investment industry. It was created as ESG policy framework. This frameworkan investor initiative in partnership with is based on the recommendations andthe United Nations Environment Program principles of two internationally recognised(UNEP) Finance Initiative and the UN Global ESG authorities: Compact.Towards Sustainable Mining (TSM) Principles Centaurus ESG program combines thePrinciples of Responsible Investment (PRI) TSM and PRI principles to guide our actions The TSM standard, developed by the Miningthroughout the exploration, development Association of Canada (MAC), is a globallyand operational phases of the JNPs recognised sustainability program thatevolution. supports mining companies in managingSince the Company started business in key environmental and social risks. ItBrazil, our approach to exploration and provides a set of tools and indicators toproject development has been based on 12'