Zijin Mining : 2023 Environmental, Social and Governance Report

SSE: 601899.SH HKEX: 2899.HK

2023

Environmental, Social and

Governance Report

Providing the Materials that Improve

Standards of Living in a Low Carbon Future

Zijin Mining Group Co., Ltd.*

www.zijinmining.com

* For identification purpose only

CONTENT
Foreword	01
A Message from the Chairman	02
Message from the Director of the ESG
Management Committee	03
2023 Highlights	04
About Us	05
Thirty Years of Sustainable Development	09
Sustainable Development Goals	10
Materiality Assessment	12
Our Governance	14
Corporate Governance	15
ESG Risk Management	18
Business Ethics	19
Human Rights	23
Our Planet	29
Environmental Management System (EMS)	30
Water	33
Land Use	39
Biodiversity Conservation	42
Emissions	44
Tailings Storage Facilities	49

Our Climate Transition	51
Climate Change	52
Our People	60
Employee Development	61
Occupational Health and Safety (OHS)	67
Our Society	74
Community	75
Responsible Supply Chain	86
Product Responsibility	90
Information Security	91
Technological Innovation	91
Appendices	92
About this Report	93
Zijin Mining 2023 ESG Performance Data	94
ESG Report Independent Verification Statement	100
RGMPs Independent Verification Statement	102
Indexes	104
Reader's Feedback Form	112

SSE: 601899.SH HKEX: 2899.HK

2023

Environmental, Social and

Governance Report

Providing the Materials that Improve

Standards of Living in a Low Carbon Future

Zijin Mining Group Co., Ltd.*	www.zijinmining.com

• Our ESG report demonstrates Zijin Mining's social responsibility fulfilment and sustainability-related performance in 2023.
• Our other sustainability-related public documents and information, such as our policies, ESG Performance Data, and Climate Change Action Plan, can be found in the "Sustainability" section of the Company's website: https://www.zjky.cn/sustainable/Reports_and_Policies.htm.

• For information on Zijin Mining's financial performance, please refer to the Company's Annual Report 2023

〡

Foreword 〡

Our Governance 〡

Our Planet 〡 Our Climate Transition

〡

Our People

〡

Our Society 〡

Appendices 〡

〡

〡

〡

〡

A Message from the Chairman

〡

Message from the Director of the ESG Management Committee

〡

2023 Highlights

〡

About Us

〡

Thirty Years of Sustainable Development

Sustainable Development Goals

Materiality Assessment

Foreword

02	03	04	05	09	10	12
A Message	Message from the	2023 Highlights	About Us	Thirty Years	Sustainable	Materiality
from the	Director of the ESG			of Sustainable	Development	Assessment
Chairman	Management			Development	Goals
	Committee

Zijin Mining 2023 ESG Report 〡

1

〡

Foreword 〡

Our Governance 〡

Our Planet 〡 Our Climate Transition

〡

Our People

〡

Our Society 〡

Appendices 〡

〡

〡

〡

〡

A Message from the Chairman

〡

Message from the Director of the ESG Management Committee

〡

2023 Highlights

〡

About Us

〡

Thirty Years of Sustainable Development

Sustainable Development Goals

Materiality Assessment

A Message from the Chairman

Chen Jinghe

Zijin Mining Group Co., Ltd.*

Chairman, Chief Officer of the Strategic and Sustainable Development (ESG) Committee

The year 2023 marks the important beginning of the second phase of Zijin Mining's "three-step" strategy for the new decade. Faced with the accelerated evolution of global changes, rising geopolitical risks, and global economic uncertainties, as a major player in the global mining market, the Company has always adhered to the original aspiration and mission of "Providing the Materials that Improve Standards of Living in a Low Carbon Future". In the pursuit of sustained and rapid advancement, Zijin Mining has continually refined its top-level Environmental, Social, and Governance (ESG) framework, culminating in the establishment of a globally advanced ESG system. The Company's ESG key performance and ratings have been continuously improving, and numerous distinctive practices of Zijin have become the best practices in the global industry, demonstrating its commitment to responsible mining and establishing a responsible mining brand image.

ESG has become an important measure of the Company's sustainable development. In 2023, the Company has released the Outline of Three-Year(2023- 2025) Plan and Development Goals for 2030 and other landmark documents, with increasing social contributions, continuous ranking among the top ten in major economic indicators globally in the mining industry, and

leading positions in China. The Company's sustainable development momentum is strong, with continuous increase in new energy generation and ecological environmental protection investment. Global major ESG ratings, including S&P CSA and Morningstar Sustainalytics, have significantly improved. Refinitiv ® ESG Scores lists first in the global mining industry. In addition, we have deep communication with ISSB and support and disclose information based on its initiatives.

The "Dual Carbon" goal is an important part of the Company's development strategy. We have issued the first Climate Change Action Plan in China's non- ferrous metal industry that complies with the global TCFD framework. It clearly states our commitment to peak carbon emissions by 2029 and achieve carbon neutrality by 2050, aiming to contribute to limiting global warming to well below 2oC above pre-industriallevels by the end of this century. We rigorously manage carbon emissions across the entire lifecycle of our mining operations, and are expanding our global investment in clean energy projects such as solar, wind, and hydroelectric power, as well as in the transition to electrification. Carbon emissions are a fundamental consideration in our investments; as a principle, we refrain from engaging in high- carbon emission projects. Our green ecological mining construction adheres to the highest global standards, initiating ecological restoration during the construction and production phases. Online monitoring systems in downstream of mines and smelters are supervised by the government or third-partyorganisations. We build garden- like, scenic mining areas and factories globally, strengthen biodiversity conservation and care for our planet, thereby achieving a harmonious relationship between mining activities and environmental stewardship.

Zijin Mining adheres to the values of "value creation and common development". As an enterprise, we see ourselves as a platform that brings together shareholders, employees, local communities in host countries of projects, and collaboration partners into an interconnected and inseparable " community with a shared future for mankind" for a common cause. While achieving continuous growth in production capacity and efficiency, we continue to contribute to the host countries and communities global-wise.The Company's robust social contribution, exemplified by a significant value of RMB56.2 billion in 2023, underscores its unwavering dedication to societal welfare. By fortifying responsible supply chain management and bolstering allied industries, Zijin Mining endeavour to catalyse holistic development within its operational spheres.

Zijin Mining upholds the safety philosophy of "life first, safety foremost." We firmly believe that "the

right to life" is the most fundamental human right and are committed to ensuring the lives and health of our global employees and contractors. However, it is deeply regrettable that there were multiple safety accidents involving our construction project contractors in 2023, exposing significant gaps between us and world-class safety management levels. With a heavy heart, we have reflected on these accidents and are determined to reconstruct our safety management system. Through a comprehensive three-year safety enhancement plan and the institutionalisation of a robust safety protocol, Zijin Mining aspires to eliminate work-related fatalities and foster a secure working environment for its workforce and to achieve the goal of "zero fatality". We aim to create a safer and healthier working environment for all employees and contractors and win the battle for safe production.

We establish an inclusive, diverse, and non - discriminatory human rights environment. Respecting and supporting the dignity, well-being,and human rights of our employees, affected communities, and stakeholders is our steadfast commitment to human rights. We follow international human rights guidelines and principles such as the World Declaration of Human Rights, the United Nations Guiding Principles on Business and Human Rights, and the International Labour Organization (ILO) Declaration on Fundamental Principles and Rights at Work. Zijin strengthens the Board's leadership and management over labour and human rights matters. Through processes such as due diligence and third-partyaudits, we identify, prevent, and mitigate any adverse impacts on human rights resulting from our operations. Implementing a globally localised employment policy we continue to help employees achieve career skills and development. We sincerely respect every employee regardless of their nationality, culture, race, or gender, reject all forms of slave labour, forced labour, and child labour. With employees from 76 countries and regions, totaling over 55,000 employees and 30,000 contractors, we launched a new round of medium- to long-termequity incentive plans in 2023 to share the Company's development achievements with our global employees.

Zijin establishes an internationally compatible corporate governance system. Faced with the increasingly complex external development environment, we integrate international ESG standards with our operational management system to explore the construction of a corporate governance system that not only meets international standards but also has Zijin's distinctive characteristics. Adherence to the Board's comprehensive leadership in ESG is maintained, with the implementation of executive compensation linked to ESG key performance indicators. Efforts are made to enhance the independence and professionalism of the Board's

decision-making, along with increasing the proportion of female directors. To strengthen the management of overseas businesses, we have established an Overseas Management Committee and relocated the international business division to the frontlines of overseas projects, comprehensively implementing international management system reforms. By establishing a Lithium Industry Leading Group, we would like to focus on tracking and researching the lithium market and determining precise strategies for the construction and operation of our lithium projects. Continuously implementing organisational changes and engaging in self-renewal is vital to maintaining our operational effectiveness.

Zijin upholds a high-standard business ethics management model. In 2023, we further established, strengthened, and improved a "five-in-one"supervision and anti-corruptionmechanism with Zijin's distinctive characteristics, which covers all areas domestically and internationally, enhancing the relative independence and effectiveness of supervision. We have placed a strong emphasis on enhancing business ethics and anti- corruption supervision and management in our overseas projects, enabling the exercise of power in a transparent manner. We have integrated the entire process of production and operation activities into an information platform for management, review, and approval. This has helped establish a transparent, clean, and fair business operating environment. Supervision and inspection have been strengthened in capital-intensive,resource- intensive fields such as finance, construction, supply chain, and overseas projects. Our goal is to promote "fairness, transparency, and integrity", continuously nurturing a culture of integrity and righteousness. We take a firm stance against any form of corruption, striving to create a healthy business environment that is clean and friendly.

With the joint efforts, nothing is impossible; with the wisdom of many, nothing cannot be achieved. Zijin Mining will take the new five-year plan as an opportunity, relying on a broader range of stakeholders, to continue adhering to the master work directive of "improving quality, reducing costs, boosting profitability. "We will adhere to the principles of being proactive, innovative, adaptable, and risk-controlled. We will uphold the concepts of "mining for a better society" and common development, and accelerate the construction of first- class ESG competitiveness, continuously improve reserves and production of copper, lithium, and other critical mineral resources related to new energy, increase the proportion of renewable energy use, and create more green and low-carbon projects to support global low- carbon transformation and address climate change. We firmly believe that more people will benefit from Zijin's development, making the world's mining industry a better place with Zijin's efforts!

Zijin Mining 2023 ESG Report 〡 2

〡

Foreword 〡

Our Governance 〡

Our Planet 〡 Our Climate Transition

〡 Our People

〡

Our Society 〡

Appendices 〡

〡

〡

〡

〡

A Message from the Chairman

〡

Message from the Director of the ESG Management Committee

〡

2023 Highlights

〡

About Us

〡

Thirty Years of Sustainable Development

Sustainable Development Goals

Materiality Assessment

A Message from the Director of the ESG Management Committee

Zou Laichang

Zijin Mining Group Co., Ltd.*

President, Director of the ESG Management Committee

2023 marked a year for global mining companies to seek opportunities in the face of crisis and to explore new strategies amid changing circumstances. Under the leadership of the Board of Directors and the Strategic and Sustainable Development (ESG) Committee, Zijin Mining remained resolute, faced challenges head-on, and took a proactive role in industry transformation. Through multiple approaches such as consensus building, institutional safeguards, low-carbon transition, green co-development, and technology-based efficiency improvement, we focused on long-term interests, created shared values, and improved development quality from all aspects. As we strike a dynamic balance between benefit growth and social value, we strive to establish ourselves as a responsible multinational mining enterprise, thus making significant contributions to the sustainable development of the mining industry.

The concept of ESG has been deeply integrated into our Company's operations and management, and ESG has become an integral part of our conscious proactive practice for sustainable development. The belief in benefiting society and all stakeholders through sustainable mining practices has been the guiding logic and development path for Zijin Mining's transformation from a small county-levelenterprise to an international mining group over the past 30 years. The development

journey of Zijin aligns with the principles of ESG. In this new era of global socio-economic development faced with various challenges, ESG has naturally become the inherent force for our continued growth. We have established a comprehensive ESG governance structure that covers all Zijin projects, formed a management system that ensures the top-down implementation of ESG goals and requirements and continuously optimised and adjusted our objectives and measures. We continue to enhance our scientific and standardised governance level, adhere to high standards of corporate ethical behaviour, fully implement the "Basic Management Principles of Zijin Mining", pay equal attention to the Company's short-to-medium-term benefits and continuous improvement of environmental and social benefits related to the Company's long-term development, and integrate labour rights, anti-racial discrimination, anti-sexual harassment, respect for women's rights, indigenous rights and other aspects into our institutional framework. Through training and third-party auditing, we endeavour to protect the rights of our employees and surrounding communities. In the market, trade, construction, and other supply chain businesses, we establish responsible cooperation mechanisms and conduct business responsibly with our suppliers in a manner consistent with business ethics.

We have made solid efforts to address climate change and further implement low-carbon and green development. We have enforced our "Climate Change Action Plan", made diligent efforts to "cool down the earth", established and continuously reviewed the carbon footprint throughout the process, precisely implemented control measures, and set reducing greenhouse gas emissions as an important performance indicator for all projects. We have also promoted the implementation of equipment and facility upgrades to improve efficiency and reduce consumption. Research and promotion of high- efficiency mining technologies, electrification of operations and transport, utilisation of smelting waste heat and other carbon reduction and emission reduction technologies have been conducted. We are vigorously building wind and solar power plants in mines and factories. Our installed capacity and power generation of clean energy have significantly increased, the proportion of clean energy has effectively increased, and the intensity of greenhouse gas emissions has decreased by 1.46%, meeting the expected target. We have actively researched new energy technologies, the industrialisation process of our self- developed ammonia hydrogen new energy technology has accelerated, and we have innovatively proposed a new scheme for hydrogen production from water electrolysis, empowering low-carbonoperations with technology. Actively supporting global transition away from fossil fuels, we provide key metals such as copper and lithium for the development of new energy industries. Over the past year, the Company's mine-producedcopper has exceeded one million tonnes annual production milestone, low-carbon

and zero-carbon lithium mines have been developed on the Andean Plateau in Argentina and the Qinghai- Tibet Plateau in China. We will accelerate our efforts to become a major global copper-lithium producer, provide adequate supply of low-carbon mineral raw materials for global green development, converge green energy with systematic energy-saving and consumption-reducing actions, and actively help to improve human life.

Continuing to improve our ecological mining practices, we contribute more beautiful "Zijin scrolls" to our harmonious Earth. Adhering to the long-standingZijin model of co-developmentand co-prosperityin the mining industry, along with environmental harmony, eco-restorationplans are formulated according to local conditions, and biodiversity risk screening is conducted. Throughout the year, about 6.22 million square metres of vegetation have been restored, and about 3.86 million trees and flowers have been planted. Mines in ecologically fragile areas such as highlands, the Gobi, and deserts have undergone a green "metamorphosis", thereby protecting biodiversity with a broader environmental capacity. The green mining practices at Zijinshan Gold and Copper Mine have been included in the recommended cases by UNESCO. We have implemented clean production transformation in mines and smelters, reduced wastes, sewage and emissions at the source, and continuously improved the level of reuse and recycling, with water recycling rates leading the industry. Green, beautiful mines, and factories spread across Zijin's global projects have expanded the influence of Zijin's widely acclaimed green brand. Our solid ecological and environmental protection work received full recognition in ESG ratings, the Company achieved leading global scores in both the environmental sub-itemsof S&P and Refinitiv ® ESG Scores.

We are determined to comprehensively enhance our safety level and strive to become a benchmark for safe and high-quality development. Employee safety always takes precedence as we have established a robust occupational health and safety management system aligned with international standards. Health risk prevention mechanisms have been set up, intrinsic safety levels constantly elevated, and the foundation for safe production management continually consolidated. Despite our efforts, multiple fatal occupational accidents involving contractors unfortunately occurred in 2023. Deeply mourning for the deceased, we take these incidents as serious warnings. "Zero fatality" is resolutely upheld as our unwavering goal, with safety production considered our inviolable bottom line. By improving our safety system, enhancing safety capabilities, and addressing key areas for improvement, we are firmly committed to achieving a "turnaround" in safety production. Shifting from "focusing on" to "actively implementing", we comprehensively and systematically improve safety management. Rigorous implementation of standardised safety management

systems, strengthening training for all employees to solidify the foundation of active safety, strict control over safety requirements for contractor admission, and increased investment in enhancing the capacity of underground mining self-operating teams and promoting safety through technology are prioritized. Consolidating the foundation of safety and forging Zijin's safety culture, we strive to create a healthy and worry-free working environment for our employees, ensuring that no one is left behind in matters of occupational health and safety.

We continue to uphold the concept of common development, and Zijin's unique ESG practices benefit more people from the Company's development. With the expansion of Zijin's global projects, we are honoured to have more opportunities and capabilities to bring the well-beingcreated by mining development to all corners of the world. We adhere to local hiring practices, with 95.85% of our employees hired from the host country. We are open and inclusive, providing an open learning platform and fair promotion opportunities for our employees from around the world. Many ambitious young talents and local employees of our projects have quickly been promoted to management positions and have enjoyed generous returns created by value creation. Fostering local sustainable development, we contribute through various initiatives such as establishing schools, providing medical assistance, supporting agriculture, imparting technical skills, and offering business opportunities. In 2023, our global donations totaled RMB297 million. As a strong advocate and practitioner of sustainable development in the mining industry, from the sports development project in Tajikistan and the entrepreneurship support project in Kyrgyzstan to the "Healthy Drinking Water" project in DR Congo and the traditional cultural protection project in Serbia, the "common development" belief held by Zijin Mining is continuously boosting the improvement of people's living standards and the sustainable development goals in various countries.

Zijin Mining is now entering a new stage of development, and the world is also undergoing an era of change. Looking forward to the blueprint of sustainable development and adhering to the purpose of "mining for a better society", we are full of expectations, filled with excitement, and firmly believe that with long-term efforts and perseverance in the practice of ESG, Zijin Mining will certainly accelerate the realisation of the goal of a "green, high-tech, leading global mining company", and thus assume more responsibilities for our beautiful Earth. We also look forward to working shoulder to shoulder with all sectors of society, riding on a wave and contributing to the mining industry for a more beautiful future for humanity ！

Zijin Mining 2023 ESG Report 〡 3

〡

Foreword 〡

Our Governance 〡

Our Planet 〡 Our Climate Transition

〡 Our People

〡

Our Society 〡

Appendices 〡

〡

〡

〡

〡

A Message from the Chairman

〡

Message from the Director of the ESG Management Committee

〡

2023 Highlights

〡

About Us

〡

Thirty Years of Sustainable Development

Sustainable Development Goals

Materiality Assessment

2023 Highlights

Governance

Board of Directors' review of ESG-related

Planet

Investment in environmental protection

People

Number of employees

Society

Direct economic contribution

proposals accounted for

(RMB100 million)

10.92 14.20 14.67 13.70

36,860

55,239

43,876 48,836

(RMB100 million)	3,247.48
2,359.11	2,853.94
1,800.15

31.6%

2020 2021 2022 2023

Non-hazardous waste comprehensive utilisation rate (%)

2020

2021

2022

2023

Investment in production safety

(RMB100 million)

2020	2021	2022	2023
Local employment rate	Local procurement rate

Climate Transition

Total GHG emissions (million tCO2e)

13.62

12.91

14.71 14.88

8.91

28.04

21.23

14.93

95.9% 80.3%

6.11	7.26	7.78	8.41
2020	2021	2022	2023

GHG emissions intensity by industrial added value (tCO2e/RMB10,000)

1.85	1.79	1.55	1.53
2020	2021	2022	2023

2020 2021 2022 2023

Water re-use rate (%)

94.29 94.80

91.86 92.02

2020 2021 2022 2023

2020

2021

2022

2023

Lost time injury rate (LTIR)

(per million hours worked)

0.33 0.30 0.29 0.25

2020

2021

2022

2023

Social contribution value	561.83
(RMB100 million)	509.04

394.83

214.09

2020

2021

2022

2023

Zijin Mining 2023 ESG Report 〡 4

〡

Foreword 〡

Our Governance 〡

Our Planet 〡 Our Climate Transition

〡

Our People 〡

Our Society 〡

Appendices 〡

〡

〡

〡

〡

A Message from the Chairman

〡

Message from the Director of the ESG Management Committee

〡

2023 Highlights

〡

About Us

〡

Thirty Years of Sustainable Development

Sustainable Development Goals

Materiality Assessment

About Us

Business at a glance

As a large multinational mining group, Zijin Mining is engaged in the global exploration and development of metal mineral resources, including copper, gold, zinc, and lithium, and also involves in engineering design, technology application research, smelting and processing, trade, and finance, encompassing a relatively complete industrial chain and an environmental, social, and governance (ESG) system that meets international standards. The Company ranks among the top ten internationally and leads in China, in terms

of primary metal resources and mineral product outputs. It has a portfolio of world-class mining projects involving copper, gold, zinc (lead), lithium, and other minerals. The Company firmly believes in innovation, particularly technological innovation, as a core strength, and has extensive practical experience in geological exploration, hydrometallurgy, comprehensive recycling and utilisation of low-grade refractory resources, and large-scale development projects.

The Company has innovatively created the "five- stage life-of-mine project management procedure by in-house capabilities" mining engineering management model, and established the "state key laboratory of comprehensive utilisation of low- grade refractory gold ores", forming independent technical and engineering capabilities across all links, and building global competitive strength for green and sustainable development in the mining industry.

Adhering to the common development philosophy of "mining for a better society", Zijin Mining is committed to "Providing the Materials that Improve Standards of Living in a Low Carbon Future". The Company is accelerating its overarching strategic goal of constructing a "green, high-tech, leading global mining company", wholly promoting the development of high-quality ecological mines, and striving to make more people benefit from Zijin Mining.

Position

						NO.284	Forbes' Global 2000
						No. 1 of Gold Companies
						No. 6 of Metal & Mining Companies
						NO.373	Fortune 500
						NO.51	Fortune China 500
Economic Performance
Operating income						Total assets			3,430
(RMB100 million)		2,703	2,934		(RMB100 million)		3,060
		2,251
	1,715								2,086
1,361								1,823
					1,238
2019	2020	2021	2022	2023	2019	2020	2021	2022	2023

Membership

Profit before tax				Net profit attributable to owners of the parent
(RMB100 million)		300	313	(RMB100 million)		200	211
		248				157
70	108				43	65
2019	2020	2021	2022	2023	2019	2020	2021	2022	2023

Zijin Mining 2023 ESG Report 〡 5

〡

Foreword 〡

Our Governance 〡

Our Planet 〡 Our Climate Transition

〡

Our People 〡

Our Society 〡

Appendices 〡

〡

〡

〡

〡

A Message from the Chairman

〡

Message from the Director of the ESG Management Committee

〡

2023 Highlights

〡

About Us

〡

Thirty Years of Sustainable Development

Sustainable Development Goals

Materiality Assessment

Zijin in the world

Zijin Mining has over 30 large and ultra-large mineral resource development bases in 15 countries overseas and 17 provinces (regions) in China.

The Company owns three world-class copper assets, including the Kamoa Copper Mine in the DR Congo, the Čukaru Peki Copper and Gold Mine and the Bor Copper Mine in Serbia, and the Julong Copper Mine in Tibet, as well as mainstay copper mines such as the Kolwezi Copper Mine in the DR Congo, the Duobaoshan Copper in Heilongjiang, the Zijinshan Gold and Copper Mine in Fujian, and the Ashele Copper in Xinjiang. During the reporting period, the Company newly merged and acquired a batch of promising copper resources, including the Zhunuo Copper Mine in Tibet and the Kharmagtai Copper-Gold Mine in Mongolia.

The Company owns world-class gold assets, such as the Buriticá Gold Mine in Colombia, the Rosebel Gold Mine in Suriname, and Shanxi Zijin. It also owns major gold mines like the Zeravshan Gold Mine in Tajikistan, the Altynken Gold Mine in Kyrgyzstan, Guizhou Zijin, Longnan Zijin. During the reporting period, the Company's Porgera Gold Mine in Papua New Guinea fully resumed production.

The Company owns lithium assets, including the Tres Quebradas Salar Mine in Argentina, the Lakkor Tso Salar Mine in Tibet, and the Xiangyuan Lithium Polymetallic Mine in Daoxian, Hunan. During the reporting period, the Company was invited to lead the development of the world-class Manono Northeast Lithium Project in the DR Congo. The "Two Lakes and Two Mine"

lithium resources layout will promote the Company to become one of the most important lithium production companies globally in the future.

As of the end of the reporting period, the Company's measured, indicated, and inferred resources (on equity basis) were: 74.56 million tonnes of copper, 2,998 tonnes of gold, 10.68 million tonnes of zinc (lead), 14,739.29 tonnes of silver, and 13.4659 million tonnes of lithium (lithium carbonate equivalent). During the reporting period, the Company produced 1.01 million tonnes of mine-produced copper, 68 tonnes of mined-produced gold, 470,000 tonnes of mine-produced zinc (lead), and 412 tonnes of mine-produced silver.

				Duobaoshan/Tongshan Copper Mine
		Ashele Copper Mine
		Fuyun Jinshan-Jinbao Iron Mine
		Wulagen Lead and Zinc Mine		Shuguang Gold and Copper Mine
		Sawaya'erdun Gold Mine	Sanguikou Lead-Zinc Mine
				Yixingzhai Gold Mine
				Haiyu Gold Mine
		Lakkor Tso Salar	Liba Gold Mine	Luyuangou Gold Mine
		Xietongmen Copper-Gold Mine
	Tuva Zinc and Polymetallic Mine	Yulong Copper Mine Shanggong Gold Mine
Čukaru Peki Copper and Gold Mine	Zhunuo Copper Mine
Julong Copper
Bor Copper Mine	Taldybulak Levoberezhny Gold Mine Kharmagtai Copper and Gold Mine
			Xiangyuan Hard Rock Lithium Polymetallic Mine
	Jilau/Taror Gold Mines	Shuiyindong Gold Mine	Longking
			Zijinshan Gold and
	China
			Malipo Tungsten Mine	Copper Mine

	Zijin Headquarters
Bisha Zinc (Copper) Mine	Aurora Gold Mine
	Buriticá Gold Mine
	Rosebel Gold Mine
Northeast exploration project of the Manono Lithium Mine	Porgera Gold Mine
Kolwezi Copper and Cobalt Mine	Río Blanco Copper and Molybdenum Project
Kamoa Copper Mine
	Norton Gold Fields
Garatau Platinum Group Metals Mine
	Tres Quebradas Salar

Copper

Gold

Zinc and lead

Lithium

Smelters & refineries

Offices

Others

Zijin Mining 2023 ESG Report 〡 6

〡

Foreword 〡

Our Governance 〡

Our Planet 〡 Our Climate Transition

〡

Our People 〡

Our Society 〡

Appendices 〡

〡

〡

〡

〡

A Message from the Chairman

〡

Message from the Director of the ESG Management Committee

〡

2023 Highlights

〡

About Us

〡

Thirty Years of Sustainable Development

Sustainable Development Goals

Materiality Assessment

Strategy

FUNDAMENTAL BUSINESSES

AUXILIARY BUSINESSES

Sustainable resources

Insist on giving equal weight to prospecting, exploration and merger and acquisition of resources, and cultivate mineral resource advantage with low costs and high efficiency in a global context

	Extension along the industry chains
	Rely on the main business of mine development, extend optimally into the auxiliary
	industries in smelting, refining and processing, generating synergies between the
Core businesses	upstream and downstream in industry chains to obtain value-added income
-Mine development-

Geological exploration

Rely on the industry-leading technologies and ability in geological exploration, strategically position itself in crucial metallogenic belts to achieve breakthrough in geological exploration

Merger and acquisition of resources

Leverage system engineering, concept of economic mining and professional analysis and decision-making ability, implement mergers and acquisitions of high-quality medium and large mining assets in a timely manner

Providing the materials that improve standards of

living in a low carbon future

capacities of key metal mineral resources	Clean energy and ecological environment protection
-Cu Li Au-
Comprehensively enhance the construction and operational
-Zn Ag Fe Mo-	Install and construct clean energy generation facilities such as solar energy, wind
energy and hydropower at mining and refining enterprises; invest in the material
A balance of high-growth metals and energy minerals
industries related to clean energy storage such as "hydrogen energy"; strengthen
Mining engineering management model of
"Five-stage	the ecological and environmental protection business capabilities of mining and
life-of-mine project management procedure by	refining enterprises; attach importance to the construction of ecological projects
in-house capabilities"
Strong capability of self-initiated system	such as closure of mines and tailings storage facilities in order to comprehensively
on mining engineering research,
design and implementation	improve the sustainable development capabilities

SUPPORTING BUSINESSES

Soft power of Zijin culture	Mining-related trading and finance
Form the core Zijin culture and philosophy system and the "Jinshan culture" brand,	Support trading and logistics businesses which are related to mine develop-
strive to gain high international recognition of the Company's overall strength,	ment, build a responsible global supply chain and sales team; form a
professional ability, brand reputation and sustainable development capabilities, and	financial platform for capital investment and capital pooling; form a "Zijin
to become a respectable globalised enterprise	series" listing platform through investment in subsidiaries and associates

Mine construction and information technology

Establish a self-operated automated and intelligent construction team for mine design, construction and supervision, form a fast-responding and highly integrated mine development team to build mining projects with high quality and speed

Zijin Mining 2023 ESG Report 〡 7

〡

Foreword 〡

Our Governance 〡

Our Planet 〡 Our Climate Transition

〡

Our People 〡

Our Society 〡

Appendices 〡

〡

〡

〡

〡

A Message from the Chairman

〡

Message from the Director of the ESG Management Committee

〡

2023 Highlights

〡

About Us

〡

Thirty Years of Sustainable Development

Sustainable Development Goals

Materiality Assessment

ESG Awards and Ratings

• ESG Awards

Country

Awarded Subsidiaries

Honours

12nd China Charity Award

Attractive Employer for Global Graduates

	Duobaoshan Copper	National-level Health Enterprise.
	Guizhou Zijin	Annual Guizhou Province "A-level Environmental Protection
	Integrity Enterprise"
China	Zijin Copper	National Model Workers' Home
Jilin Zijin Copper	Provincial Health Enterprise
	Zijin Non-ferrous	Water-saving Enterprise

China's ESG Listed Companies Pioneer 100

Golden Bull Awards for Social Responsibility

Hong Kong ESG Report Award

2023 Forbes China ESG Innovative Enterprises

	Luoning Zijin	Annual "Integrity Private Enterprise" of Luoyang
	FZU Zijin Hydrogen Power	Annual Green Low-carbon Technology Innovation Enterprise
Serbia	Serbia Zijin Mining	Annual Outstanding Business Achievement Award
Guyana	AGM	Annual Carbon Footprint Reduction Award
Kyrgyzstan	Zeravshan	Annual Best Taxpayer
Tajikistan	Altynken	Annual Excellence Award for Safety Production and
Environmental Protection
DR Congo	COMMUS	Annual Environmental Excellence Award
Colombia	Continental Gold	Promoting the establishment of the "Global Zero Harm

Outstanding Responsible Enterprise of 2023

S&P Global Sustainability Yearbook Industry Mover

Vision" Excellence in Safety Culture Award

• ESG ratings

REFINITIV ESG Rating	CSI ESG Rating
A+, first in industry	A, top 12% in the industry

S&P Global Corporate	CDP
Sustainability Assessment (CSA)
Climate Change -C
64, top 6% of industry
Water -B

Hang Seng Corporate Sustainability Index Series Maintained grade A-

Included in the Hang Seng (China A) Corporate Sustainability Index for 5

consecutive years

Sustainalytics

38.3

B

ESG RATING S

MSCI ESG Rating

B

Wind ESG Rating

AA

Zijin Mining 2023 ESG Report 〡 8