Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the “External Site”) and that you do so at your own risk. Evolution Mining LTD., (“EVN”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only. By clicking “Accept” you acknowledge and agree that neither EVN nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against EVN and Virtua and further acknowledge and agree that in no event shall EVN or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to this disclaimer or the External Site By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if EVN and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s). If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect. Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-IFRS Information

In addition to disclosing results determined in accordance with IFRS, EVN may also disclose certain non-IFRS and pro forma non-IFRS results of operations, including certain ratios, operational and miscellaneous data, as well as net income, diluted earnings per share, operating expenses, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. Management believes that this non-IFRS and pro forma non-IFRS information provides investors with additional information to assess EVN operating performance by making certain adjustments or excluding costs or gains and assists investors in comparing our operating performance to prior periods. Management uses this non-IFRS and pro forma non-IFRS information, along with IFRS information, in evaluating its historical operating performance. EVN and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data. The non-IFRS information is not prepared in accordance with IFRS and may not be comparable to non-IFRS information used by other companies. The non-IFRS information should not be viewed as a substitute for, or superior to, other data prepared in accordance with IFRS.

sustainability IS
integrated into

everything we do

We seek to deliver against our regulatory obligations, demonstrate our positive impact – enabled through strong partnerships – and create long-term stakeholder value.

2025 Sustainability Report

FY25

case studies

Find out how we’re supporting a transition to net zero emissions, protecting cultural heritage, advancing Indigenous engagement and creating positive legacies for the communities in which we operate.

FY25 case studies

FY25 ESG

performance data

Our FY25 ESG performance data summarises our environmental, social and governance (ESG) performance for the FY25 reporting year and provides, where possible, three- to five-year performance trends on consolidated social, environmental and economic data.
FY25 ESG performance data

Compliance and

regulatory reporting

Regulatory reporting and corporate governance are essential to sustained value creation, and we are committed to participating in enhanced disclosure of sustainability issues and opportunities while maintaining a high standard in all aspects of reporting and corporate governance.

Compliance and regulatory reporting

Sustainability Report

FY25 case studies

FY25 ESG performance data

Compliance and regulatory reporting

Sustainability is integrated into everything we do to ensure we deliver long-term stakeholder value through safe, reliable, low-cost production in an environmentally and socially responsible way.

Our approach to sustainability

We aspire to enhance the environment and communities in which we operate and ideally exceed our social and regulatory licence to operate. This commitment includes achieving net zero by 2050.

We strive to make Evolution a career highlight – with safe, inclusive and diverse workplaces where everyone feels valued and welcomed.

We are proud of our positive relationships and are committed to listening and partnering with our stakeholders to advance community development outcomes and reconciliation.

Our strategy is guided by our integrated approach supported by nine Sustainability Principles that align with UN Sustainable Development Goals. At the centre of our strategy are people – our leaders visible and our people feel engaged, fit and capable to be their best.

Our approach is governed by our Integrated Risk Management Framework, Sustainability and Strategic Planning Policy and Sustainability and Strategic Planning Standards. These and other governance documents are available in our Document Centre.

1

Be an employer of choice attracting the most talented people and foster a safe, diverse and inclusive workplace.

2

Demonstrate robust risk management and safety leadership.

3

Contribute positively to local, regional and national sustainability efforts by achieving an outstanding level of environmental stewardship.

4

Actively manage climate-related risks and opportunities including improving energy efficiency and the responsible management of water.

5

Protect and enhance our reputation as a trusted partner and provide community benefits that endure beyond the life of our mines.

6

Advance the outcomes for Indigenous peoples and protect their cultural heritage.

7

Respect the human rights of all our stakeholders.

8

Be transparent at all levels of Corporate Governance, comply with applicable laws, regulations and operate at the highest standards of financial and ethical behaviour.

9

Relentlessly drive for operational excellence through an innovative culture and inspired people delivering to plan.

Click on the ‘+’ icons to learn more about our Sustainability Principles.

Sustainability performance targets

To guide our efforts to deliver our sustainability strategy, we set performance targets in the areas where we believe we can have most impact. These include governance and assurance, risk management, people, communities, environment, and climate and emissions. To see our specific targets and performance, see our Sustainability Report.

FY25 highlights

93%

Sustainability targets met

(96% in FY24) with 21% female workforce representation sitting close to our FY25 target of 22%

~17%

Emissions reduction

against FY20 baseline1 progressing our commitment to net zero by 2050 and on track to meet 30% reduction by 2030 (~12% in FY24)

3

Innovative environment-focused partnerships

to support responsible water management, rehabilitation and the renewable energy transition

Major approvals

Received to extend our
mining operations

Cowal Open Pit Continuation and Ernest Henry Mine Extension

$3.7billion

Contributed to the Australian and Canadian economies2

and $505 million to local and regional businesses3 and organisations ($3.2 billion in FY24)

~35%

Improvement in total recordable injury frequency (TRIF)

to 4.984 (~13% improved TRIF in FY24)

  1. Total Scope 1 and 2 emissions for FY20 baseline estimated using location-based method, and FY25 estimated using market-based method. Update from preliminary value of ~16% reduction reported in FY25 Directors’ Report following inclusion of corporate and exploration data and full data assessment delivered in September 2025.
  2. Economic contributions include supplier payments, wages, dividend payments, interest, taxes, royalties, community investment, payments to providers of capital and payments to financial institutions (interest). The FY24 total economic contribution was an update to the previously reported value of $2.7 billion following the inclusion of full Group data. Please refer to the ESG Performance Data ‘Economic Performance’ for more detail.
  3. Local and regional organisations are defined by postcode in relation to geographical proximity to Evolution mine sites.
  4. TRIF: the frequency of total recordable injuries per million hours worked. Results are based on 12-month moving average (12mma).

Recognition of our performance

We participate with multiple ESG rating agencies to benchmark our performance and continuously manage risks and identify opportunities for improvement. Our results are detailed below.

Evolution’s ESG performance as determined by external rating agencies
Agency Scale
(worst to best)
Score
FY25 FY24 FY23 FY22 FY21
S&P Global 0 to 100 621 54 57 53 51
MSCI CCC to AAA AA AA AA AA AA
ISS ESG2 10 to 1 Environment: 1 Social: 2 Environment: 1 Social: 2 Environment: 1 Social: 2 Environment: 1 Social: 2 Environment: 1 Social: 2
Sustainalytics 40+ to 0 27.43 27.4 29.8 29.2 40.4
  1. S&P Global ESG score which contains modelling, compared to our disclosure-based S&P Global CSA score of 61. Reported on a year lag as scores released August 2024.
  2. Final score as of 30 June 2025.
  3. Final score as of 30 June 2024. Evolution was not requested to complete feedback within the FY25 reporting period.

Sustainability reporting

Our annual Sustainability Report details our activities and outcomes related to our sustainability strategy, reflecting our commitment to transparency, accountability and continuous improvement. We apply a double materiality approach, identifying topics with the most significant potential for economic, environmental and social impacts and prioritising disclosures on issues that matter most to our stakeholders and business.

We voluntarily align with or adhere to ESG-related industry frameworks and initiatives to continuously benchmark our performance within the industry and to demonstrate our commitment to high standards of environmental, social and governance policies and expectations. For more detail see our Sustainability Report.

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