Harmony Gold Mining Co. Ltd. · JSE:HAR
Harmony Gold Mining — ESG Presentation (June 2021)
155 slides from Harmony Gold Mining's sustainability presentation, Jun 22, 2021
Slide 1: Harmony Investor ESG Day 22 June 2021
HARMONY INVESTOR ESG DAY 22 JUNE 2021
Slide 2: Harmony is the South African gold mining champion
Harmony is the South African gold mining champion, we have illustrated time and again that sustainability is the driving force of our business.
Slide 3: Environmental, Social and Governance investor day 2021
ENVIRONMENTAL, SOCIAL AND GOVERNANCE investor day 2021
Slide 4: We will be speaking with
WE WILL BE SPEAKING WITH: Peter Steenkamp, Chief Executive Officer Health and safety Boipelo Lekubo, Financial Director Balancing purpose and profitability Melanie Naidoo-Vermaak, Executive: Sustainable Development Environmental and socio-economic impact Other members of the executive Mashego Masheg
Slide 5: Our operating philosophy is profit with purpose
Our operating philosophy is profit with purpose: - Safe, profitable ounces - Ethical practices ensure we maintain our social license to operate
Slide 6: Our strategy
Jrnsmone To produce safe, profitable ounces and . F fs : Creating long term improve margins through operational (or sustainable) value excellence and value-accretive acquisitions 4 Strategic pillars @ Effective Responsible Operational Cash capital stewardship excellence certainty allocation
Slide 7: Corporate sustainability
Corporate sustainability: - Ensuring each of our decisions leaves a lasting, positive impact - Integrated and risk-based decision-making
Slide 8: How it impacts strategic discussions
HOW IT IMPACTS STRATEGIC DISCUSSIONS
Slide 9: How it impacts strategic discussions
HOW IT IMPACTS STRATEGIC DISCUSSIONS
Slide 10: Guided by the Global Reporting Initiative and Enterprise Risk Management
Guided by the Global Reporting Initiative (GRI) and informed by our Enterprise Risk Management framework
Slide 11: Sustainable development goals focus areas
SUSTAINABLE DEVELOPMENT GOALS FOCUS AREAS
Slide 12: Secondary sustainable development goals
SECONDARY SUSTAINABLE DEVELOPMENT GOALS
Slide 13: Key sustainable development themes
KEY SUSTAINABLE DEVELOPMENT THEMES Source: FTSE Russell
Slide 14: Risk / potential impacts
rvs RISK / ony” | POTENTIAL IMPACTS (Potential) Sustainability Impact ENVIRONMENTAL, SOCIAL AND GOVERNANCE investor day 2021 Medium High Low Health and safety Emissions, effluents and waste Energy use and GHG emisssions Land use and Biodiversity Human rights Low Medium High (Potential) Business Impa
Slide 15: Slide 15
Slide 16: COVID-19 preventative and mitigating procedures
During the COVID-19 pandemic, our preventative and mitigating procedures have ensured we kept our stakeholders best interests at heart
Slide 17: Triple bottom line results
A SUSTAINABLE AND IMPACTFUL EMERGING MARKET MINING SPECIALIST – TRIPLE BOTTOM LINE RESULTS Adapted from Winsconsin.edu
Slide 18: Focus areas as it relates to Harmony
FOCUS AREAS AS IT RELATES TO HARMONY
Slide 19: We operate and mine in a responsible way
At Harmony we operate and mine in a responsible way and our mining operations leave a long-lasting positive societal impact and contribution. This is the real footprint we leave behind. ENVIRONMENTAL, SOCIAL WHO AND CARES GOVERNANCE INS investor day 2021
Slide 20: Chief Executive Officer Peter Steenkamp
CHIEF EXECUTIVE OFFICER PETER STEENKAMP U eceneny-
Slide 21: Who Cares Wins holds true for our approach to sustainability
The theme, Who Cares Wins really holds true for our approach to sustainability
Slide 22: For the past 70 years Harmony has demonstrated true sustainability
For the past 70 years Harmony has demonstrated true sustainability Our role is to be a responsible corporate citizen We have adopted an integrated risk management strategy
Slide 23: Harmony 2021: value creation throughout the cycle
HARMONY 2021: VALL lh THROUGHOUT THE CYC JE CREATION F OPTIMISATION OF EXISTING OPERATIONS AND ASSET MIX INTEGRATED ESG Robust yet flexible balance PRACTICES eae >) POSITIVE A war chest to SHAREHOLDER ASTUTE ACQUISITIONS deploy in both RETURNS THROUGH opportune or SUSTAINABLE AND REINVESTMENT the ts
Slide 24: Golden controls and risk identification
Jrrsmone 7 = ~ Identify risks Golden Monitor control Improvements controls effectiveness
Slide 25: Integrated approach to ESG
Integrated approach to ESG Our most important asset is our people. Of uttermost importance, is their safety and health Zero loss of life is a non-negotiable objective Embedding a pro-active culture of safety
Slide 26: Safety culture transformation phases
Jrnsmone x) =e fo! Phase 1 Phase 2 Phase 3 Phase 4 Foundation Capacitation Intervention Re-enforcement Learning from Top-down Operation-specific Positive behaviour incidents (leadership circle) recognition Harmony leadership programme Harmony leadership and behaviours Connectedness Transformation fo
Slide 27: Safety: our people are our priority
Jrnsmone SAFETY: our people are our priority Zero loss of life and prevention of injuries 00/00 AA y Development of [Embedded Improved Positive safety leadership [fpractices employee impacts engagement
Slide 28: Transformation for pro-active culture
Phase 1 Foundation Learning from incidents Harmony leadership programme Connectedness o Phase 2 Phase 3. Capacitation Intervention Top-down Operation-specific (leadership circle) Harmony leadership and behaviours Transformation for pro-active culture Phase 4 Re-enforcement Positive behaviour recogni
Slide 29: Thibakotsi journey
Through our Thibakotsi journey, we are embedding the philosophy of “I am, because we are” in the hearts, minds and hands of all employees through various initiatives.
Slide 30: Key drivers of humanistic transformation
Learning HARMONY ann incidents - LFls Thibakotsi Team training Leadership development (bottom up programme intervention) KEY DRIVERS OF HUMANISTIC TRANSFORMATION Visible felt Risk leadership propensity and golden assessments control compliance Employee engagement tactics
Slide 31: Our 5 strategic imperatives
Passionate leadership Resilient management systems Effective risk management Organisational learning An engaged workforce
Slide 32: SLAM approach
Each Harmonite is expected to adopt the SLAM (Stop, Look, Assess and Manage) approach at all times
Slide 33: Other initiatives to drive safety and health improvements
Other initiatives to drive improvements in safety and health include: - The further rollout of steel nets - Electronic winch signalling and locomotive driver information systems - Missing person locators - Real-time dust monitors and in-stope atomisers - Improved tracking and controls around hazards
Slide 34: Health and safety communication examples
Health and safety communication examples
Slide 35: Continual improvement of Engineering Safe Operating Models
Continual improvement of our Engineering Safe Operating Models (ESOMs)
Slide 36: COVID-19 dashboard
Jrnsmone COVID-19 DASHBOARD As of 5 June 2021 RSA MINING HARMONY TESTING SECTOR RATES Tests Tests Tests Harmony 11 840 770 145 410 21951 53.55% Cases Cases Cases 1691 491 35 610 3 646 Mining sector 29.55% Recovered Recovered Recovered 1 574 223 34 828 3 526 Vaccinated Vaccinated Vaccinated RSA 1 336
Slide 37: Pro-active and agile in dealing with COVID-19
Pro-active and agile in dealing with the COVID-19 pandemic Preparing for our health centres to be accredited by the health hubs
Slide 38: Significant fatality-free shift milestones
A number of our mines have recorded some significant milestones during the third quarter of FY2021, including: - Kalgold, which achieved 3 750 000 fatal-free shifts - Moab Khotsong, Doornkop and Mponeng mines, each achieved 1 000 000 fatality-free shifts - These milestones highlight the progress mad
Slide 39: Making progress in preventing incidents (Group TIAFR)
Jrnsmone MAKING PROGRESS IN PREVENTING INCIDENTS (Group TIAFR) 18,00 16,00 S S 8 8 14,00 12,00 10,33 10,00 8,01 6,01 4,01 2,01 0,00 FY16, *TIAFR = Total Injury Accident Frequency Rate ENVIRONMENTAL, SOCIAL AND GOVERNANCE investor day 2021 FY18 FY19 FY20 FY21 (Dec)
Slide 40: A safe mine is a productive mine
A SAFE MINE IS A PRODUCTIVE MINE
Slide 41: Committed to zero loss of life
We remain committed to achieving our objective of zero loss of life and remain steadfast in striving for an embedded culture of safety and empathy throughout Harmony
Slide 42: Executive: Sustainable Development Melanie Naidoo-Vermaak
EXECUTIVE: SUSTAINABLE DEVELOPMENT MELANIE NAIDOO-VERMAAK Ve aecny
Slide 43: Sustainable development principles embedded in strategy
The principles of sustainable development are embedded in our business strategy. ENVIRONMENTAL,
Slide 44: Responsible stewardship pillar
Sustainable development is covered by the first pillar of our strategy — responsible stewardship.
Slide 45: Environmental, Social and Governance
ENVIRONMEN SOCIAL AND GOVERNANCE investor dayj2021
Slide 46: Our strategy
Jrnsmone To produce safe, profitable ounces and . F fs : Creating long term improve margins through operational (or sustainable) value excellence and value-accretive acquisitions 4 Strategic pillars @ Effective Responsible Operational Cash capital stewardship excellence certainty allocation
Slide 47: Environmental, Social and Governance
ENVIRONMEN SOCIAL AND GOVERNANCE investor dayj2021
Slide 48: A responsible company is a profitable company
A RESPONSIBLE COMPANY IS A PROFITABLE COMPANY
Slide 49: CDP climate change scores
CDP CLIMATE CHANGE SCORES 2014 2016 A Leadership A 2015 2018 A A- 2017 2019 Leadership A B *1 of only 2 South African companies
Slide 50: Previous CDP water scores
PREVIOUS CDP WATER SCORES 2015 2017 A A *1 of only 25 companies 2016 globally to 2019 A achieve A in A- both responses 2018 2020 B A-
Slide 51: Sustainable development
SUSTAINABLE DEVELOPMENT 1. Environmental component 2. Preferential procurement and social labour plans 3. Policies, procedures, board oversight, reporting and accountability for what we do and how we do it E, S and G should never be viewed on their own – they are all linked together to produce susta
Slide 52: Tenets of the environmental strategy
TENETS OF THE ENVIRONMENTAL STRATEGY
Slide 53: Sustainable development guidelines and frameworks applied
SUSTAINABLE DEVELOPMENT GUIDELINES AND FRAMEWORKS APPLIED
Slide 54: Environmental, Social and Governance
ENVIRONMENTAL, SOCIAL AND GOVERNANCE investor day 2021 WHO CARES WINS
Slide 55: TCFD framework
TCFD Fhoamone | FRAMEWORK TCFD TCFD reporting framework TASK FORCE ow CLIMATE-RELATED FINANCIAL DISCLOSURES: Governance Risk management Metrics and targets ENVIRONMENTAL, SOCIAL WHO AND GOVERNANCE Wns? investor day 2021
Slide 56: Environmental, Social and Governance
__ | ENVIRONMENTAL, IAL AND GOVERNANCE investor day 2021
Slide 57: Climate change
CLIMATE CHANGE - Reduce our consumption of fossil-fuel generated energy - Banked R1bn savings over the last 5 years. - This equals to 1.2million tons of equivalent CO2 reduction - Ambitious pipeline of renewables - Reducing our carbon footprint - Robust business planning - Executives are measured on
Slide 58: Climate change
CLIMATE CHANGE - Reduce our consumption of fossil-fuel generated energy - Banked R1bn savings over the last 5 years. - This equals to 1.2million tons of equivalent CO2 reduction - Ambitious pipeline of renewables - Reducing our carbon footprint - Robust business planning - Executives are measured on
Slide 59: Group environmental targets
FRosencsee GROUP ENVIRONMENTAL TARGETS Current targets Group aggregate targets 10-year target: 5-year target: FY18 — FY27 FY18 - FY22 (%) Achieved (%) Energy Reduce absolute electricity consumption (MW) 5 3 7 vw 7. Electricity intensity (kKWh/tonne milled) 5 3 19 ~ 7 Total carbon emission intensity
Slide 60: Opportunities for operational efficiencies
OPPORTUNITIES FOR OPERATIONAL EFFICIENCIES
Slide 61: Margaret Water Company and Covalent Water Company
MARGARET WATER COMPANY AND COVALENT WATER COMPANY
Slide 62: Digital twin simulations
DIGITAL TWIN SIMULATIONS
Slide 63: Digital twin simulations
DIGITAL TWIN SIMULATIONS Entire mining ventilation network
Slide 64: Carbon emissions intensity
Jrnsmone CARBON EMISSIONS INTENSITY (tCO2e/TONNE TREATED)* Total carbon emissions intensity (tCO2e/tonne) 0,18 0,16 — 0,14 0,12 0,10 0,08 0,06 0,04 0,02 0,00 - FY17 FY18 FY19 FY20 FY21 Financial Quarter Quarter 1 Hi Quarter 2 quarter 3 Wi Quarter 4 ™ FY 2017 Baseline (Adjusted) *Unaudited ™ FY 2022
Slide 65: Accumulative scope and savings
Jrnsmone ACCUMULATIVE SCOPE 2 AND 3 SAVINGS (000tC02) 1400 1200 1000 Tonne CO,e/tonne ore processed 800 600 400 200 i] , — 2016* 2017 2018 2019 2020 2021** Financial Year *Only two months **May and June 2021 are forecasted
Slide 66: Diversified and de-risked portfolio of assets
Jrnsmone DIVERSIFIED AND DE-RISKED PORTFOLIO OF ASSETS (Q2FY16 vs Q2FY21) Production profile - Q2FY16 Production profile - Q3FY21 Hidden Valley 6% Hidden Valley 9% SA surface 18% SA surface 9% SA underground 85% SA underground 73%
Slide 67: Harmony electricity intensity
Jrnsmone HARMONY ELECTRICITY INTENSITY (kEh/tonnes treated)* 250 200 [Moab Khotsong & Nufcor acquisition .—-Mponeng § & Mws io 150 100 Electricity Intensity (kWh/tonnes treated) FY2009_ FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 Financial Year *Unaudited
Slide 68: Slide 68
Slide 69: Water management
WATER MANAGEMENT e ‘- ENVIRONMENT: SOCIAL
Slide 70: Water extraction intensity
Jrnsmone WATER EXTRACTION INTENSITY (kL/tonnes treated)* Water Extraction intensity (kL/tonnes treated) 3,00 2,50 2,00 1,50 1,00 S 0,51 3 0,01 S Moab Khotsong & Nufcor acquisition a & Mine Waste | FYo9 FYIO. FY11 *Unaudited FY12 FY13. FY14 FY1S FY16 FY17 FY18 FY19 FY20 FY21 Financial Year
Slide 71: Water recycled
Jrnsmone WATER RECYCLED (000m?) 70 000 60 000 50 000 40 000 30 000 20 000 10 000 0 60 325 FY16 ENVIRONMENTAL, SOCIAL AND GOVERNANCE investor day 2021 FY17 FY18 FY19 FY20
Slide 72: Water use
Jrnsmone WATER USE (000m’) Water used for primary activities Potable water from external sources Non-potable water from external sources Surface water used Groundwater used Water recycled in process Water consumption intensity (000m?/t treated) FY20 19 692 14576 5115 2 687 2 428 54 959" 0.77 FY19 23
Slide 73: Objectives of land rehabilitation strategy
OBJECTIVES OF LAND REHABILITATION STRATEGY
Slide 74: Slide 74
Slide 75: Selectra wastewater bioenergy
SELECTRA WASTEWATER » BIOENERGY ov ‘Bio- Energy Creating a Green Legacy ENVIRONMENTAL, SOCIAL AND GOVERNANCE investor day 2021 $
Slide 76: Active rehabilitation
ACTIVE REHABILITATION Land rehabilitation Rehabilitation of tailings
Slide 77: Tailings storage facilities
TAILINGS STORAGE FACILITIES
Slide 78: Hidden Valley tailings storage facility
HIDDEN VALLEY TAILINGS STORAGE FACILITY
Slide 79: Tailings surface facilities
J HARMONY TAILINGS SURFACE FACILITIES - Freeboard control - Water management - Maintaining stability and the safety factor - Erosion controls - Monitoring and control measures implemented to ensure continued compliance
Slide 80: Upstream deposition ring dyke or paddock TSF
UPSTREAM DEPOSITION RING DYKE OR PADDOCK TSF
Slide 81: Hidden Valley tailings storage facility
HIDDEN VALLEY TAILINGS STORAGE FACILITY
Slide 82: Environmental, Social
ENVIRONME! SOCIAL
Slide 83: Slide 83
Slide 84: Wafi Golpu tailings pipeline
Frisswsonce WAFI GOLPU Tailings pipeline Mix/deaeration tank _— Seawater pipeline »——— Seawater intake 60m Outfall pipeline —_——. Outfall terminus <300m ———»
Slide 85: Solid tailings deposition
Solid tailings deposition (rn)* * For 27 Years, cut-off at ‘0emn Tailings Deposition
Slide 86: Sustainable development framework aligned to UN SDGs
Our sustainable development framework is aligned to the United Nations Sustainable Development Goals - In FY20, total group spend on mine community development, preferential/local procurement, ENVIRONMENTAL, SOCIAL AND enterprise development and corporate social investment was: GOVERNANCE INVESTOR D
Slide 87: Youth business corners and business centres
We have developed youth business corners and business centres to assist job creation and business development. We have invested over R21 million in these initiatives which are currently underway in Matjhabeng in the Free State and near our operations in Carletonville, Doornkop and Kusasalethu operat
Slide 88: Actual and planned investment
ACTUAL AND PLANNED INVESTMENT
Slide 89: Community development commitment under 5-year SLP
The total financial commitment for community development for this 5-year SLP is R268 million and we focus primarily on the following four areas as we believe these can affect the greatest change: - Youth and SMME development - Agriculture - Infrastructure - Information communication technology (ICT)
Slide 90: Distribution of discretionary spend on designated groups
DISTRIBUTION OF DISCRETIONARY SPEND ON DESIGNATED GROUPS (FIGURES IN MILLIONS YTD) SMALL & MEDIUM ENTERPRISES: HOST COMMUNITY BLACK OWNED >50% BLACK OWNED 100% WOMAN OWNED >50% BLACK WOMAN OWNED >50% TOTAL DISCRETIONARY SPEND ENVIRONMENTAL, SOCIAL AND GOVERNANCE investor day 2021 1 613 Ct R1 136 R15
Slide 91: Mining Charter and preferential procurement
MINING CHARTER AND PREFERENTIAL PROCUREMENT
Slide 92: Transparency on gender, race, inclusivity and board diversity
We are promoting transparency around gender, race and inclusivity as well as board diversity.
Slide 93: Sustainable development is in our DNA
Sustainable development is in our DNA and we are going above and beyond to ensure we maintain our social license to operate
Slide 94: Executive Director: Corporate Affairs Mashego Mashego
EXECUTIVE DIRECTOR: CORPORATE AFFAIRS MASHEGO MASHEGO enone
Slide 95: Positive relationships with all our stakeholders
Positive relationships with all our stakeholders: • Host communities • Suppliers and business partners • National and local governments • Investors and shareholders • Industry peers • Local and international media
Slide 96: Communities and governments
OP hen = ithe Communities Governments
Slide 97: Local economic development expenditure (South Africa)
pe LOCAL ECONOMIC DEVELOPMENT EXPENDITURE (SOUTH AFRICA) Infrastructure SMME development Sports and recreation/youth development Education infrastructure (schools) Education/youth development iness development Agriculture
Slide 98: Issues raised by communities addressed through forums
The issues and concerns raised by communities are addressed through the established community forums in our multiple host communities.
Slide 99: Community forums
These community forums consist of representatives from the municipalities, traditional authorities and local business forums, and landowners in Papua New Guinea.
Slide 100: Incubation programme
INCUBATION PROGRAMME For businesses in our host communities in South Africa, specifically targeting 100% black-owned, women-owned and youth-owned businesses • 106 applications, 34 ultimately being approved for the full 3-year incubation programme • This includes incubation, mentoring, guiding and en
Slide 101: Demographics
Jhosmorey DEMOGRAPHICS No FR a oON~ Merafong Matlosana Welkom co I Black Woman Owned BB Black Youth Owned ENVIRONMENTAL, SOCIAL AND GOVERNANCE investor day 2021 Mogale City
Slide 102: Hidden Valley Mine
@harmonygoldnews HARMONY GOLD MINING COMPANY LIMITED Hidden Valley Mine HARMONY GOLD MINING COMPANY LIMITED www.harmony.co.za
Slide 103: Multi-faceted approach to socio-economic development projects
OUR MULTI-FACETED APPROACH TO SOCIO-ECONOMIC DEVELOPMENT PROJECTS INCLUDE: • Infrastructure, education and skills development • Job creation and entrepreneurial development • Enhancing broad-based local and community economic empowerment • Enterprise development initiatives • Socio-economic developm
Slide 104: Governance
8 J] > 8 a 2 2 a E | GOVERNANCE
Slide 105: Other community initiatives
During the year, other community initiatives included: • Sponsoring of the 2020 Matric excellence awards in the Merafong, Mogale City and Lejweleputswa regions • The Doornkop Phuthadichaba sewing project
Slide 106: Other community initiatives
During the year, other community initiatives included: • A honey farming project
Slide 107: Community Trust
Community Trust: • Tswelopele Beneficiation Operation (or TBO) • The preference shares pay R8.8 million each year for 10 years, starting in 2019
Slide 108: Quality of relationships with stakeholders
The quality of the relationships with stakeholders and how well these are managed affect our ability to deliver on our strategy. Improving the quality of these relationships protects our social licence to operate, supports the success of our business strategy and creates shared value for all our sta
Slide 109: Executive: Human Resources Anton Buthelezi
EXECUTIVE: HUMAN RESOURCES ANTON BUTHELEZI Yehavony-
Slide 110: Our people are equipped with the right skills and knowledge
Our people are equipped with the right skills and knowledge required to achieve our strategic objectives. Occupational safety and health policy and frameworks are aligned with legislation in both South Africa and Papua New Guinea.
Slide 111: Core mining discipline training programmes
These programmes include, but are not limited to, core mining disciplines such as a winch driver, rock drill operators, loco drivers and team leader training.
Slide 112: Learner miners achieved rock-breaking certificates
52 of these learner miners achieved their rock-breaking certificates in FY20 • Government Certificate of Competency • Leadership Development Programmes • Engineering Foreman Development Programme
Slide 113: Training and skills development in FY20
In FY20, 95% (FY19: 93%) of our South African staff complement - both underground and surface - attended training and skills development amounting to R458 million or US$29 million. • South African-based research and development initiatives in exploration, mining, processing, technology efficiency, b
Slide 114: Our training initiatives encompass the areas of
OUR TRAINING INITIATIVES ENCOMPASS THE AREAS OF:
Slide 115: Papua New Guinea training and skills development
In FY20, 1 570 employees in Papua New Guinea attended training and skills development, amounting to R24 million, or US$2 million. Some of the interventions that are used include Hazard Identification and Risk Assessment (HIRA) and the Stop, Look, Assess and Manage, or SLAM approach.
Slide 116: Harmony COVID-19 timeline
. i. ’ HARMONY COVID-19 TIMELINE +” =f "4 SHUTDOWN According to procedure * ¢ a - " Z - 4 | START UP: PRE-START UP Sas UP MONITOR AND LOCKDOWN PRE-PLANNING 1. Establishment of Disaster Mitigation Room 4. Operations Care & Maintenance Screening and Transport of Employees 3. COVID-19 Communication & T
Slide 117: Standard Operating Procedure for managing the pandemic
Our Standard Operating Procedure proved to be successful in how we managed the pandemic and these measures are still in place now.
Slide 118: Harmony vaccination sites
HARMONY VACCINATION SITES: Harmony started its preparatory work for the vaccine roll out in February 2021. The sites will able to vaccinate 400 -700 people per day. Harmony has registered the following sites as vaccination sites on Master Facility List:
Slide 119: Employee psycho-social programme
Harmony offers support through an employee psycho-social programme (EPP) in partnership with the Reality Wellness Group.
Slide 120: Diversity and integrated thinking
The value each of us bring from our different life experiences is key to integrated thinking and promoting the ESG agenda.
Slide 121: Gender diversity strategy
In FY19, a gender diversity strategy to improve women representation in management was rolled out. Harmony has demonstrated great strides in advancing women leadership and has: 28% 33% 27% historically at executive at senior disadvantaged management level management level female representation at bo
Slide 122: Ethical conduct and code of conduct
We believe that ethical conduct is inherently the right thing to do and this is evident in our behavioural code and code of conduct.
Slide 123: UN Global Compact principles on human rights and labour
We uphold the United Nations’ Global Compact’s principles on human rights and labour. We are guided by and have adopted the principles of the International Council on Mining and Metals (ICMM), United Nations Global Compact (UNGC) and Voluntary Principles on Security and Human Rights.
Slide 124: Employee communication channels
Frequent communication takes various forms and include mass meetings, briefs, intranet communication, newsletters, emails, internal broadcasts, WhatsApp/text messages and our very own ‘Harmony Connect App’.
Slide 125: Employee benefits in South Africa
Our range of benefits available to our employees in South Africa include: • Employee Share Ownership Scheme • Promoting home ownership • Improved accommodation and living conditions
Slide 126: Group Company Secretary Shela Mohatla
GROUP COMPANY SECRETARY SHELA MOHATLA fateh Ful
Slide 127: Ethical and effective leadership outcomes
ETHICAL AND EFFECTIVE LEADERSHIP TO ACHIEVE THE FOLLOWING OUTCOMES:
Slide 128: Key focus on environmental and social impacts
KEY FOCUS ON ENVIRONMENTAL AND SOCIAL IMPACTS:
Slide 129: Our approach to risk management
Our approach to risk management: Continuous monitoring of risk and related mitigation procedures
Slide 130: Five material issues
Ensuring employee safety and health Maintaining our social license to operate Responsible environmental stewardship Enabling culture and empowered workforce Navigating political and regulatory uncertainty
Slide 131: Board and social and ethics committee responsibilities
Harmony’s board and social and ethics committee take their responsibilities toward responsible mining seriously, with full oversight of group policies and strategies. The board is ultimately responsible for setting the strategic direction
Slide 132: Ethical leadership, culture and behavioural conduct issues
ETHICAL LEADERSHIP, CULTURE AND BEHAVIOURAL CONDUCT ISSUES, INCLUDING:
Slide 133: Board governance of remuneration
The board assumes responsibility for the governance of remuneration Harmony’s remuneration policy was overwhelmingly supported by our shareholders at the 2020 annual general meeting
Slide 134: Remuneration: balanced scorecard
REMUNERATION: BALANCED SCORECARD
Slide 135: Corporate governance compliance
Corporate governance is in compliance with relevant legislation and other guiding principles including: • The South African Companies Act, Act 71 of 2008 • The requirements of the JSE • The New York Stock Exchange • The King IV Report and related principles and codes of good corporate governance
Slide 136: Board independence and diversity
Frisaone *BOARD INDEPENDENCE AND DIVERSITY Transformation Female representation skills and experien 7 3 Oo Ye 3 3 0 Yo Corporate governance 15 Entrepreneurship, business development 41 members of the board 5 members of the board Mining engineering technical and technology are historically disadvanta
Slide 137: Governance themes
Fairness and equality Political Stability Responsible stewardship Governance Corporate citizenship Corruption and conflict
Slide 138: Financial Director Boipelo Lekubo
FINANCIAL DIRECTOR BOIPELO LEKUBO HARMONY’
Slide 139: Harmony is based and valued on six sources of capital
HARMONY IS BASED AND VALUED ON SIX SOURCES OF CAPITAL:
Slide 140: Revenue item by use
, | Revenue item by use (%) EBEHEE SES a
Slide 141: Creating infinite possibilities for staff and families
We have finite resources in this world, but at Harmony we strive to create infinite possibilities for our staff and their families
Slide 142: Enterprise Risk Management and ESG reporting framework
Our effective Enterprise Risk Management framework and comprehensive ESG reporting framework mean we are aligned to global best practices.
Slide 143: Rapidly changing risk landscape
RAPIDLY CHANGING RISK LANDSCAPE, INCLUDING:
Slide 144: Key risks addressed by strategic risk framework
KEY RISKS ADDRESSED BY STRATEGIC RISK FRAMEWORK
Slide 145: IMIU insurability matrix
IMIU Insurability Matrix 2010 International Mining Industry Underwriters (or IMIU) insurability matrix illustrates how much we have improved as a company from 2010 to 2020. IMIU Insurability Matrix 2020 At Harmony, we believe purpose can drive profit.
Slide 146: Role players influencing our ESG reporting and strategy
ROLE PLAYERS INFLUENCING OUR ESG REPORTING AND STRATEGY
Slide 147: Effective response to the COVID-19 pandemic
An effective and co-ordinated response to the COVID-19 pandemic
Slide 148: Performance of highly rated ESG shares
PERFORMANCE OF HIGHLY RATED ESG SHARES
Slide 149: ESG commitment recognised by external parties
ESG COMMITMENT RECOGNISED BY EXTERNAL PARTIES
Slide 150: Examples of opportunities inspired by purpose
EXAMPLES OF OPPORTUNITIES WHICH HAVE BEEN INSPIRED BY PURPOSE Mponeng
Slide 151: Future growth: pipeline of organic projects
FUTURE GROWTH: Frissosonee ENHANCING PROJECT RETURNS PIPELINE OF ORGANIC PROJECTS O y Permitting phase | Feasibility Hida Concept! len Valley ‘ feed cic reonean Mispah tailings Kalgold Wafi-Golpu retreatments exploration drilling Zaaiplaats = deepening Target North Kalgold Tautona & Savuka oer lelum
Slide 152: Harmony summary
/ HARMONY 04. gia Focus on >1.6 Moz Leveraged SON maintaining producer in FY21 ffto the R/kg gold price strong balance sheet
Slide 153: Our strategy
To produce safe, profitable ounces and ; improve margins through operational >) Creating long term rire (or sustainable) value excellence and value-accretive acquisitions 4 Strategic pillars Effective Responsible Operational Cash capital stewardship excellence certainty allocation
Slide 154: As we look to the future
GOVERNANCE investor day 2021
Slide 155: Safe harbour statement and disclaimer
PRIVATE SECURITIES LITIGATION REFORM ACT SAFE HARBOUR STATEMENT AND DISCLAIMER FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements within the meaning of the safe harbour provided by Section 21E of the Exchange Act and Section 27A of the Securities Act of 1933, as amended
Harmony Gold Mining Company — ESG Presentation (June 2021) on 6ix