ESG Report to 30 June 2024

In brief · summary, not quotable

Sylvania released its ESG Report for year ended 30 June 2024, highlighting safety and operational milestones.

LTIFR 0.19 per 200,000 hours worked (prior 0.20 per 200,000 hours worked)
Contribution to South African economy 1.7 billion South African Rand

Full announcement

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Sylvania (AIM: SLP), the platinum group metals ("PGM") producer and developer with assets in South Africa, is pleased to release its Environmental, Social and Governance ("ESG") Report 2024, 'Sustaining Progress: Sylvania's Commitment to Responsible Growth', for the year ended 30 June 2024. The full report is available for download from the Company's website www.sylvaniaplatinum.com.

ESG Highlights

Doornbosch achieved 12-years Lost-Time Injury free in June 2024;

Doornbosch and Lannex recorded the significant milestones of being total injury-free for three years and one year respectively;

No occupational illnesses were recorded in FY2024;

The Company's lost time injury frequency rate ("LTIFR") improved from 0.20 per 200,000 hours worked to 0.19 per 200,000 worked, which is both an improvement from FY2023 and is a very low LTIFR by industry standards;

Sylvania contributed over 1.7 billion South African Rand to the South African economy in FY2024;

Sylvania has implemented effective water management strategies; the additional flow meters and collaborative efforts with host mines have enhanced water monitoring and sustainable usage, including water recovery and recirculation;

The Company's well-defined ESG Framework includes actions to ensure it monitors and measures the climate impact of its operations; longer term, this will help the Company set measurable targets for global greenhouse gas emissions; and

Significant progress has been made to find a sustainable, efficient, and cost-effective way to rehabilitate tailings storage facilities.

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.