b'Outside of Jaguar, Centaurus continues toreduction quality pellet feed to support theWe are confident that we can achieve our pursue new business development and growthproduction of feed stocks for use in electric arcgrowth ambitions while also delivering opportunities in critical minerals in Brazil asfurnaces. Direct reduction pellets offer a viablestrong ethical and financial outcomes for our part of its Horizon II growth strategy, aimed atpathway for steel manufacturers to reduce theirstakeholders.building a long-term growth pipeline in Brazilcarbon emissions, with strong interest received focused on strategic minerals. This includesfrom potential off-take partners seeking to exploration at our BNP, located in the world- pursue this opportunity. class Carajs Mineral Province less than 20kmAcross all our assets, we remain firmly focused from BHPs Antas Norte copper flotation plant,on delivering class-leading environmental, and a new phase of development studies atsafety and governance performance, with a the JIOPone of the foundation assets withincommitment to build sustainability into every Centaurus portfolio. aspect of our operations.The JIOP is located in the south-east of Brazil. Development studies progressed during 2024 focused on the potential to produce direct Company Purpose:Build a Brazilian strategic minerals businessto benefit our shareholders, our peopleand the communities where we operate.This Purpose comes with a commitment to design our projects and operate our business in line with the principles of sustainable development, to deliver on the needs of the present without compromising the needs of future generations and to integrate key environmental, social and governance considerations into our decision-making. With the leadership of the Centaurus Board and Senior Management Team, we aim to establish this commitment firmly within our ESG framework and to achieve our Company Purpose by thinking and acting according to our Core Values, which are:INTEGRITY CAREWe are honest and accountable We care for the environment,in everything we do. each other, and our communities.COMMITMENT TEAMWORKWe have a commitment to excellence throughWe are stronger when we work focus, creativity, courage and hard work collaboratively to help each other.To uphold and live these Values, Centauruswe expect our workforce and suppliers toAt Centaurus, we are committed to ensures it recruits and contracts employees,uphold these Values and strive to attain ourdemonstrating and achieving high standards specialists, suppliers, and service providersgoal of becoming a sustainable miner focusedof corporate governance.that have aligned values and shared purpose,on managing our impact and deliveringWe believe that maintaining the highest with the aim of inspiring a healthy andstrong ESG performance. The processes wepractical standards of corporate governance inclusive high-performance culture thatadopt ensure that our people work safely, ourwill ensure that we continuedelivers operational excellence. footprint on the environment is minimised,to add value to Centaurus as a whole Integrity, commitment, care and teamworkour business operates efficiently andand sustain our progress in years to come.are all key to driving sustainability atprofitably and that we deliver enduring value Centaurus. Across all aspects of our business,to our shareholders and local communities.9'