Health, Safety and Well-being

We manage occupational health and safety (OHS) through a systematic, risk-based approach applied across all our mine sites and covering both employees and contractors. Our OHS Management System follows international best practice and local legal requirements and is independently audited each year to ensure compliance. In 2026, our Inmaculada and San Jose sites achieved a DNV Level 8 rating, while our Mara Rosa operation received its first external audit with a Level 4 rating. 

The Hazard Identification, Risk Assessment, and Control Implementation process (IPERC), is central to our OHS approach and conducted continuously at two different levels:

• The baseline IPERC assesses hazards and risks annually or after significant incidents or safety deviations; and
• The continuous IPERC is conducted daily by each worker at the beginning of their shift to identify potential hazards and the controls required to mitigate them.

We are committed to providing a safe workplace through strong safety controls, training, and prevention programmes. Workers are encouraged to stop work if they believe a task could cause injury or illness, with this right protected under our "right to refuse or stop unsafe work" policy. We also promote a no-blame culture that encourages everyone to report hazards and unsafe conditions. Across all our operations, worker representatives work alongside management through regular health and safety committees to review performance, investigate incidents, and help shape our safety plans, training, and workplace standards. We also engage regularly with worker representatives and trade unions on health and safety matters. 

Emergency preparedness is an integral part of our Occupational Health and Safety Management System. All operations maintain site-specific emergency response plans, supported by trained brigades, specialised equipment, and regular emergency drills designed to test readiness, strengthen response capabilities, and drive continuous improvement through lessons learned.

Launched in 2022, the SeguScore is our in-house safety performance tool that combines proactive measures, such as leadership engagement and safety audits, with reactive indicators including the Lost Time Injury Frequency Rate, Lost Time Injury Severity Rate, and High Potential Events. It helps leaders monitor safety performance, strengthen incident investigations, and identify opportunities for improvement. In 2025, we achieved a corporate SeguScore of 9.62 out of 10, up from 8.96 in 2024, reflecting our strongest safety performance to date. 

We are committed to preventing serious incidents by monitoring and investigating High Potential Events, including near misses and incidents that could have resulted in serious injury. Every event is reviewed by our CEO and senior leadership team to identify root causes, implement corrective actions, and share lessons learned across all our operations. Less serious incidents are also investigated promptly, with appropriate actions taken to help prevent them from happening again.

We are committed to an integrated approach to employee welfare, supporting our people’s health and wellbeing and ultimately improving employee motivation and productivity. To ensure this, we have dedicated teams of health and hygiene professionals at all mine sites, and medical facilities equipped to facilitate regular consultations, as well as emergencies. Hazards and risks related to health and hygiene are identified, assessed, and controls established when necessary.