Bannerman Energy Ltd · ASX:BMN
Bannerman Energy — Shareholder Meeting (November 2021)
24 slides from Bannerman Energy's shareholder meeting presentation, Nov 19, 2021
Slide 1: Strategic ESG considerations in uranium
Strategic ESG considerations in uranium Annual General Meeting 19 November 2021 ASX:BMN OTCQB:BNNLF NSX:BMN
Slide 2: Agenda
Agenda ESG: push and pull factors Strategic rationale Looking over the horizon Bannerman’s ESG scorecard 2
Slide 3: ESG: push and pull factors in uranium
ESG: push and pull factors in uranium Board Environment Shareholders Push Financiers Social End-users Pull Regulators Governance 3
Slide 4: Strategic rationale for ESG investment…
Strategic rationale for ESG investment… Maintain social licence and meet host community expectations Expand investor reach Enable financing options (eg Equator Principles 4) 4
Slide 5: Strategic rationale for ESG investment… and to mitigate project risks
Strategic rationale for ESG investment… …and to mitigate project risks Maintain social licence and meet Political, community or host community expectations environmental roadblocks Expand investor reach Third party interference Enable financing options Delays (cost escalation and (eg Equator Princip
Slide 6: Looking over the horizon
Looking over the horizon Ø Environmental Ø Social Ø Governance NuScale SMR 6
Slide 7: The evolving role of carbon footprint in uranium mining
Carbon accounting driven by: • Grid power: availability and source • Mining method/grade/strip ratio • Processing/milling approach ENVIRONMENTAL These key drivers are generally not within the The evolving role control of the uranium mine of carbon footprint • Grid power determined by government • Mi
Slide 8: Nuclear already is lowest GHG emissions
Nuclear already is lowest GHG emissions Source: Lifecycle assessment of electricity generation options, UNECE, November 2021 (Figure 37) 8
Slide 9: And lowest ecosystem impacts
And lowest ecosystem impacts Source: Lifecycle assessment of electricity generation options, UNECE, November 2021 (Figure 48) 9
Slide 10: Social benefits are nuclear power's key differentiator
Just transition for Social developing world Licence Decarbonising power, industry SOCIAL Resilient Social benefits are power nuclear power’s key differentiator (amongst clean energy) Jobs and industry Uranium mining should be a driver for social good 10
Slide 11: Strategic social advantages
URANIUM MINING DRIVING SOCIAL GOOD Strategic social advantages Main uranium suppliers in either developing or first High impact nations jurisdictions Social spend tiny per KWh Low (relative) cost Social benefits attributable down-stream to utilities Emerging markets Complements nuclear growth SMRs a
Slide 12: Poor mining practices the enduring risk
Essential that world’s best practice is universal • Anti-nuclear interest groups • Industry shares a ollective social licence GOVERNANCE Governance ultimately Board responsibility Poor mining • But industry has a role to play (both carrot and stick) practices the enduring risk Risk is from new entra
Slide 13: No easy solutions… but it is for industry to solve
No easy solutions… but it is for industry to solve Strengthen regulators Identify bad actors Encourage industry initiatives eg Namibian Uranium Association Traceability of poor practices Including at exploration stage Presentation at World Nuclear Association 2010 Annual Symposium 13
Slide 14: Bannerman's ESG scorecard
Bannerman's ESG scorecard Is our ESG leadership on track? Etango Project Heap Leach Demonstration Plant, Namibia 14
Slide 15: Our Community Development Path
Our Community Development Path Erongo Early SRT Conservancy Development Learner Foundation Tourism Assistance Education Program TOSCO Hospitality Association of Namibia Trade scholarships CTAN (NIMT) Rehabilitation of Namib desert Active role modelling NCE Chamber of Mines World best NUA practices O
Slide 16: Early Learner Assistance program
SOCIAL Early Learner Assistance program 5 Regions of Namibia Improve the rate of children dropping out of school, to ultimately Launched in 15,000 kms keep them out of the poverty cycle. 2011 travelled School uniforms, shoes, backpacks & role models 16
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Slide 18: We've impacted the life of 3,000 children since 2011
We’ve impacted the life of 3,000 children since 2011….And we aren’t even generating revenue yet 18
Slide 19: Mining-Tourism partnership
Mining-Tourism partnership Bannerman’s partnership with the Namibian tourism sector has been cited internationally as a case study in exceptional community engagement In the Erongo Region of Namibia, mining and tourism were adversaries, after years of mutual suspicion and fear Our authentic engageme
Slide 20: One Economy Foundation
SOCIAL One Economy Foundation Why partner with One Economy Foundation? One Economy Foundation is a Namibian non-profit helping to ü Close alignment of OEF’s community development build a bridge of economic programs and Bannerman’s development opportunity between the dual philosophies economy. In 201
Slide 21: Environmental leadership in the Namib desert
Environmental leadership in the Namib desert “We found that Bannerman sets the highest environmental standards for all aspects of their operation. We applaud Bannerman for its openness and for setting an example.” Namibian Chamber of Environment 21
Slide 22: Environmental leadership in the Namib desert
ENVIRONMENTAL Environmental leadership in the Namib desert Environmental baseline monitoring since 2008 Environmental approvals granted for Etango mine Peer reviewed, IFC compliant ESIA and management plans Bannerman constructs signs and barriers to reduce illegal recreational driving in the Namib N
Slide 23: Our ESG Leadership
GOVERNANCE Our ESG Leadership Brandon Munro Twapewa Kadhikwa CEO Non-Executive Director - Namibia World Nuclear Association Advisory Panel Presidential advisor on SME growth Strategic Advisor - Mining Charter to the Namibian High profile educator on business skills Chamber of Mines Werner Ewald Mana
Slide 24: Contact
CONTACT Brandon Munro Chief Executive Officer E: info@bmnenergy.com T: +61 8 9381 1436 @BannermanEnergy @Brandon_Munro 24
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