Pan American Silver Corp. · TSX:PAAS
Pan American Silver — ESG Presentation (September 2021)
22 slides from Pan American Silver's sustainability presentation, Sep 9, 2021
Slide 1: Conference Call, September 9, 2021
CONFERENCE CALL // SEPTEMBER 9, 2021
Slide 2: Presenters
2 Michael Steinmann Gillian Winckler Steve Busby Rob Doyle Brent Bergeron President and Chief Chair of the Board Chief Operating Officer Chief Financial Officer Senior Vice President, Corporate Executive Officer Affairs and Sustainability Matthew Andrews Monica Moretto Christopher Lemon Sean McAleer
Slide 3: Cautionary Note Regarding Forward Looking Statements and Non-GAAP Measures
3 silver and gold segments for the purposes of our financial reporting, as are inherently subject to significant operational, business, economic and described in the Company’s MD&A for the period ended December 31, regulatory uncertainties and contingencies. These assumptions include: the 2020. All
Slide 4: Cautionary Note (Continued) and Technical Information
4 CONTINUED statements or information to reflect changes in assumptions or in Canadian public disclosure standards, including NI 43-101, differ significantly circumstances or any other events affecting such statements or information, from the requirements of the United States Securities and Exchange
Slide 5: Diversified asset portfolio with 9 operations in the Americas
Corporate Office 5 Timmins Dolores Skarn Deposit La Colorada NASDAQ: PAAS // TSX: PAAS Escobal (The Escobal mine is Diversified asset portfolio with 9 operations in the Americas currently not operating) Revenues from Peru (42%), Mexico (28%), Canada (20%), Argentina (6%) & Bolivia (4%) in 2020 Shahu
Slide 6: ESG Structure and Accountability
6 // Structure and Accountability E N V I R O N M E N TA L AND SOCIAL 35% • Communities and Sustainable Development Committee provides oversight and guidance on our approach to environmental, social and governance (ESG) matters and policies 15% SAFETY • Other committees include: a) Health, Safety an
Slide 7: View our 2020 Sustainability Report online
7 // View our 2020 Sustainability Report online Reporting ESG performance since 2010 under the Global Reporting Initiative (GRI) standards; in 2020, aligning disclosure with TCFD and SASB Member of UN Global Compact (UNGC) and reporting progress on the 10 UNGC Principles and the UN Sustainable Devel
Slide 8: Results against 2020 goals
8 // Results against 2020 goals Achieve zero significant environmental Achieve zero significant social disputes at Achieve zero fatalities incidents (SEIs) at our operations our operations Achieve lost time injury frequency (LTIF) of Reduce water use by implementing All medium and high-risk grievanc
Slide 9: Main 2021 goals
9 // Main 2021 goals o Achieve zero significant environmental o Achieve zero new social disputes at our o Achieve zero fatalities incidents (SEIs) at our operations operations o Maintain lost time injury frequency (LTIF) of o Reduce water consumption by 6% compared o Resolve all medium and high-risk
Slide 10: Sustainability-linked credit facility, first of its kind in Canadian mining
10 // First of its kind in the Canadian Mining Industry S&P Global MSCI Scale: 0 (worst) to 100 (best). Scale: CCC (worst) to AAA (best). Size • Existing credit facility USD $500MM CIBC & NBF Role • Co-Sustainability Agent (“Co-SSA”) Key Performance Indicators • Based on S&P Global ESC Score and MSC
Slide 11: 843,995 Hours of Safety Training in 2020
11 // 843,995 Hours of Safety Training in 2020 • Despite record-setting low number of annual lost time injuries (LTI), incurred two fatalities in 2020 • Multi-year pilot behavior-based safety program in Peru • Supervisor Training program targeting Serious Incident Reduction • Multi-disciplinary Heal
Slide 12: 100% Renewable electrical energy certified in Morococha
12 // 100% Renewable electrical energy certified in Morococha • TCFD Reporting • Physical and transition climate-related risks assessment 4100 MWh of energy savings through projects • Energy demand profiles for all mines based on current life of mine plans at Timmins • Developing medium-term greenho
Slide 13: 90% reduction in water from external sources at San Vicente
13 // 90% reduction in water from external sources for mineral processing at San Vicente • Improvement to our water and wastewater treatment facilities at several of our operations • Study to evaluate the impacts on water availability or scarcity • Site-based projects serve as basis to develop water
Slide 14: 47% of goods/services provided by local or regional suppliers
14 // 47% of goods/services provided by local or regional suppliers • Community Response Mechanism • Social audits based on ISO 26000 guidance and international best practice • Partnership agreements with First Nations in Timmins • Supporting socio-economic development programs in host communities •
Slide 15: In 2020, retained 91% of our female workforce
15 // In 2020, retained 91% of our female workforce during the COVID-19 pandemic • Adopted an Inclusion and Diversity Policy 38% female representation on our • Increased participation of women at board and workforce levels Board of Directors • Initial roll-out of the Building Respect Together progra
Slide 16: 8% employee turnover rate in 2020, compared to 11% in 2019
16 // 8% employee turnover rate in 2020, compared to 11% in 2019 • Focused on supporting the health, safety and wellness of our workforce during the COVID-19 pandemic • Leadership Development Program and Site-level training programs • Site-level union agreements at 8 of our 9 operations • One labour
Slide 17: Upcoming ESG priorities
17 • Improve estimation of non-GHG air • Finalize and rollout the corporate Social • Continue implementing our human rights emissions at all sites Closure Standard policy and related programs and training • Implement site-specific projects to • Roll out the behaviour-based safety • Further standardi
Slide 18: For more information, please contact us at csr@panamericansilver.com
For more information, please contact us at: csr@panamericansilver.com
Slide 19: Appendix
PAN AMERICAN APPENDIX
Slide 20: Operating tailings storage facilities, dams and heap leach pads
20 • Implementation of TSM Tailings Protocol at all operations • Independent dam and tailings storage facilities safety reviews • Site-specific emergency preparedness and response plans • Real-time monitoring system implemented at La Colorada Operating tailings storage facilities, dams and heap leac
Slide 21: Global Code of Ethical Conduct
21 • Global Code of Ethical Conduct • Global Anti-Corruption Policy • In 2020, we strengthened our operation-level donations policy • Whistleblower program • Transparency in payments made to governments: a) Canadian Extractive Sector Transparency Measures Act (ESTMA) b) Extractive Industries Transpa
Slide 22: ILO Pre-consultation currently underway
22 // ILO 169 Pre-consultation currently underway For more information go to: https://mem.gob.gt/pueblo-indigena-xinka/ • Mine continues under care and maintenance • Provided over 1,500 direct jobs during operation Pre-Consultation Meetings • Perception survey to understand community needs, concerns
Pan American Silver — ESG Presentation (September 2021) on 6ix