RESPONSIBLY PRODUCED PRODUCTS

We support industry-wide efforts to responsibly produce gold and other precious and base metals. We acknowledge and believe that our license to operate requires that all of our activities be conducted in a manner that does not cause, contribute or directly link to human rights abuses or unlawful conduct. As a member in good standing of the World Gold Council (WGC), Euromines and the Mining Association of Canada, we are committed to operating to robust social and environmental standards that benefit all stakeholders. External standards and frameworks that our operating mines adhere to are listed in Our Approach to Responsible Mining.

How Our Products Contribute to Society

The metals we produce are part of many of the materials that make up the modern world. Our products create and store value for economies, societies and governments and form an integral part of modern financial systems. They are also critical components of green technologies such as wind turbines, electric cars, solar cells and major infrastructure that are advancing the global transition to a lower-carbon economy. Just as our products contribute to a better world, we are committed to producing them in a way that creates positive economic, social and environmental value for all our stakeholders.

Gold mining is a major economic driver for many countries and jurisdictions around the world. Well-managed, transparent and responsible gold mining can be a major contributor to the socio-economic well-being of host communities through the creation of local employment and business opportunities, as well as investments that seek to benefit community development.

As a significant economic and social presence in the jurisdictions and communities where we operate, Eldorado has the potential to substantively impact the human rights of our stakeholders. We acknowledge that we have a responsibility to respect internationally recognized human rights as expressed in the International Bill of Human Rights and the International Labour Organization’s Declaration on the Fundamental Principles and Rights at Work. In doing so, we commit to avoid causing or contributing to adverse human rights impacts and prevent or mitigate those impacts that are directly linked to our operations. To meet our responsibilities in line with the UN Guiding Principles on Business and Human Rights, we have put in place:

• A policy commitment to respect human rights, as expressed in our Human Rights Policy, which was updated and then approved by the Board in 2022. The policy has been informed by the United Nations Declaration on the Rights of Indigenous Peoples;
• A due diligence process to identify, prevent, mitigate and account for how we address our human rights impacts, as outlined in our SIMS, which commits us to regular, third-party human rights impact assessments;
• External assurances in accordance with the WGC’s Conflict-Free Gold Standard (CFGS) for our gold-producing sites; and
• Processes to enable the remediation of adverse human rights impacts that we may cause or contribute to, as outlined in the grievance mechanism section of our latest Sustainability Report.

Employees and contractors are expected to adhere to our Human Rights Policy and associated requirements in SIMS. We expect our business partners, including security providers, contractors and suppliers, to share this commitment to the rights of our workforce, local community members, Indigenous peoples and all stakeholders with whom we interact. This includes respecting the human rights of individuals who require particular attention, including women, children, Indigenous peoples (pertinent to the Lamaque Complex, as directly impacted Indigenous peoples have not been identified at or near our other operations) and other potentially vulnerable or marginalized groups. Our stakeholders are identified through regular stakeholder mapping, and any potential human rights impacts may be identified through local impact assessments, our accessible grievance mechanisms, regular third-party human rights impact assessments and stakeholder engagements. Salient human rights issues are managed principally by site, regional and corporate community relations and legal teams, with oversight from senior management and the Board of Directors.

We communicate our commitment and these expectations through various means, including but not limited to induction and refresher training, on our intranet site, meetings with our Community of Interest Committees, and during the procurement process through our Supplier Code of Conduct. These commitments apply equally across all of our operating jurisdictions and our Human Rights Policy is made accessible in all official languages where we operate.