Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Social Achievements

• Prepared a Community and Stakeholder Engagement Plan (CSEP)
• Completed stakeholders’ identification and analysis, Community and Stakeholder Engagement Plan, Consultation Register, and Implementation

Governance Achievements

• Adherence to ASX listing requirements and corporate governance principles outlined in various company documents (Board Charter, Audit and Risk Committee Charter, Remuneration and Nomination Charter, Continuous Disclosure Policy, Code of Conduct, Diversity Policy, Whistleblower Policy, Anti-bribery and Corruption Policy, Shareholder Communications Policy, Related Party Policy and Procedures, 2021 Corporate Governance Statement, Securities Trading Policy, Privacy Policy)

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• Sourcing raw materials from suppliers who practice sustainable production practices; sourcing raw materials from suppliers close to the Company’s facilities; minimizing waste materials from manufacturing and reuse/recycle where possible; sourcing packaging materials from suppliers utilizing recycled inputs where possible; designing packaging to minimize weight and use of space; using environmentally responsible transportation businesses

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Removal of Bakers Creek Waste Dump

Social Achievements

• Consultation with stakeholders including the Office of Environment and Heritage, Armidale Dumaresq Council and the Department of Planning and Environment in 2015; Consultation with Resources Regulator, Legacy Mines, the EPA, Armidale Regional Council, Save Our Macleay River (SOMR) group and the Hillgrove community in 2020 regarding the proposed recovery and rehabilitation of the legacy Bakers Creek Waste Dump.

Governance Achievements

• Larvotto Resources Limited have an Environmental, Social and Governance Policy which was endorsed by the Larvotto Board on 19 July 2022

Climate Goals & Targets

Environmental Challenges

• Insufficient funds available to complete rehabilitation
• Unplanned or uncontrolled access to the site
• Heritage assets or values impacted by operations or final land use
• Mine wastes with adverse geochemical or chemical composition are present onsite
• Site contamination is present onsite
• Adverse surface water or groundwater quality is detected
• Decommissioning retained infrastructure poses a threat to human or animal safety
• Demolition and decommissioning of infrastructure produces waste materials
• Historic underground works to be decommissioned are inhabited by native fauna
• Insufficient volume of material for adequate capping of TSF
• Capped TSF landform is geotechnically unstable or inadequately sealed
• Final landforms are not free draining (excluding retained water management infrastructure)
• Final landforms are an ongoing source of pollutants (e.g. leachate, AMD) or sediment
• Occurrence of local or broad scale subsidence
• Insufficient volume of growth medium to achieve target depth or placement methods (e.g . over- compaction)
• Insufficient quality of growth medium to achieve final land use capability
• Occurrence of erosion
• A failure of water management measures or infrastructure
• Insufficient native seed bank, or seed/tube stock quantity or quality
• Weed presence and/or abundance is or has the potential to impact rehabilitation outcomes
• Feral animal presence and/or abundance is or has the potential to impact rehabilitation outcomes
• Insufficient establishment of target vegetation species, species diversity, structure, or density
• Adverse climatic conditions or weather events (drought, bushfire, flooding)

Mitigation Strategies

• Contracting of suitably qualified and experienced personnel
• Training of personnel
• Use of science and research
• Defining responsibilities and timelines for rehabilitation
• Annual review of the NSW RR Rehabilitation Cost Estimate tool
• Site security measures (fencing, gates)
• Protocols for managing Aboriginal and European heritage
• Testing of waste rock samples
• Monitoring of ground and surface water quality
• Waste management plans and control standards
• Pollution Incident Response Management Plan
• Contamination assessment and remediation
• Adit discharge monitoring program
• Demolition in accordance with AS2601 -2001
• Hazardous materials management
• Inspection of underground workings for fauna
• Rehabilitation material balance study
• Detailed capping and landform design
• Drainage controls and sediment ponds
• Detailed capping and landform design
• Prior testing and assessment
• Regular testing of waste rock samples
• Assessment of topsoil resources
• Vegetation establishment monitoring
• Proactive exposure and backfilling of known shafts/stopes
• Topsoil and subsoil handling in accordance with the Rehabilitation MP
• Alternative ameliorants (e.g., mulch)
• Erosion and Sediment Control
• Progressive rehabilitation
• Regular inspections
• TSF Operations and Maintenance manuals and Dam Safety Emergency Plans
• Inspection and certification of water infrastructure
• Biological salvage of seed
• Use of local native tree nursery
• Weed management plan and control standard
• Feral Animal and Weed Control
• Development of appropriate rehabilitation completion criteria
• Annual monitoring of species
• Planning of revegetation activities
• Retained water storage dams

Supply Chain Management

Responsible Procurement

• Sourcing raw materials from suppliers who practice sustainable production practices
• Sourcing raw material from suppliers close to the Company’s facilities
• Minimising waste materials from manufacturing and reuse/recycle where possible
• Sourcing packaging materials from suppliers utilising recycled inputs
• Designing packaging to minimise weight and space
• Using environmentally responsible transportation businesses

Climate-Related Risks & Opportunities

Physical Risks

• Drought
• Bushfire
• Flooding