African Rainbow Minerals : 2021 ARM GRI Index

GRI content index

GRI content index

This environmental, social and governance (ESG) report was prepared and is presented in accordance with the Global Reporting Initiative's Sustainability Reporting Standards (GRI Standards): Core option and its Mining and Metals Sector Disclosures.

The GRI content index that follows references the GRI Standards' General Disclosures, Management Approach Disclosures and topic-specific disclosures for the relevant material topics reported in ARM's F2021 reporting suite, which includes the integrated annual report and report on climate change and water (available on our website at www. arm.co.za). All page references refer to the F2021 ESG report, unless otherwise indicated.

The contents of the report were defined using the GRI Reporting Principles, which are:

Stakeholder inclusiveness - Engagements with our key stakeholders provide the context for the way we do business, shape our strategy and help us to decide what information we report. Key engagements during the year are discussed on page 28 and a table of ARM's key stakeholders, engagement channels, key concerns and how we address these is available on pages 188 to 192.

Sustainability context - The introduction to each section of the ESG report provides an overview of the sustainability context for the matters reported in that section.

Materiality - Material matters are discussed on page 30. These inform our strategy, governance structures, risk management, operational management and reporting.

Completeness - We believe that this report covers all matters material to ARM during F2021 in appropriate detail.

ARM's management approach for environmental and social sustainability matters is described in Our approach to sustainable value creation (page 22) and our governance framework and approach is discussed in Corporate governance (page 102). Please refer to these sections for information regarding the management approach for each material topic, as well as the introduction to the relevant section for additional information.

GRI 102: General Disclosures

Disclosure
number	Disclosure title	Description	Reference
102-1	Name of the	Name of the organisation.	About this report (page 2)
	organisation

102-2	Activities, brands,	a.	A description of the organisation's
	products and		activities.
	services	b.	Primary brands, products and services,

including an explanation of any products or services that are banned in certain markets.

Our business (IAR) (page 1) Where we operate (page 12) Value contribution (page 14)

102-3	Location of	Location of the organisation's headquarters.	Contact details (inside back
	headquarters		cover)
102-4	Location of	Number of countries where the organisation	Where we operate (page 12)
	operations	operates, and the names of countries where it
		has significant operations and/or that are
		relevant to the topics covered in the report.

102-5	Ownership and legal Nature of ownership and legal form.
	form

• ARM is a public company listed on the JSE Limited (JSE) and is subject to the JSE Listings Requirements.

2 African Rainbow Minerals

Disclosure
number	Disclosure title	Description	Reference
102-6	Markets served	Markets served, including:	Where we operate (page 12)
		i.	Geographic locations where products and	Value contribution (page 14)
			services are offered	ESG across the value chain
		ii.	Sectors served	(page 26)
		iii.	Types of customers and beneficiaries.
102-7	Scale of the	Scale of the organisation, including:	Sustainability performance for
	organisation	i.	Total number of employees	2021 (page 15)
		ii. Total number of operations	Where we operate (page 12)
		iii. Net sales (for private sector organisations)	Financial review (IAR) (page 44)
			or net revenues (for public sector	Operational reviews (IAR)
			organisations)	(page 60)
		iv.	Total capitalisation (for private sector
			organisations) broken down in terms of
			debt and equity
		v.	Quantity of products or services provided.
102-8	Information on	a.	Total number of employees by employment	Human resources management
	employees and other		contract (permanent and temporary), by	(page 90)
	workers		gender.	Sustainability data tables
		b.	Total number of employees by employment	(page 201)
			contract (permanent and temporary), by	• 21% of full-time employees are
			region.	women and women in mining
		c.	Total number of employees by employment	represent 16% of the
			type (full-time and part-time), by gender.	workforce
		d.	Whether a significant portion of the	• Most employees are full-time
			organisation's activities are performed by	or contractors
			workers who are not employees. If	• There is no significant
			applicable, a description of the nature and	seasonal variation in
			scale of work performed by workers who	employment numbers
			are not employees.	• Workforce data is compiled
		e.	Any significant variations in the numbers	through the operational HR
			reported in Disclosures 102-8-a,102-8-b	processes and systems and
			and 102-8-c (such as seasonal variations	discloses the total workforce
			in the tourism or agricultural industries).	as at 30 June 2021.
		f.	An explanation of how the data have been	Note that occupational health
			compiled, including any assumptions	and safety statistics use average
			made.	annual employees and
				contractors as discussed on
				page 3.

102-9 Supply chain a. A description of the organisation's supply chain, including its main elements as they relate to the organisation's activities, primary brands, products and services.

Value contribution (page 14) ESG across the value chain (page 26)

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GRI content index continued

Disclosure
number	Disclosure title	Description	Reference

102-10 Significant changes to the organisation and its supply chain

Significant changes to the organisation's size, structure, ownership, or supply chain, including:

1. Changes in the location of, or changes in, operations, including facility openings, closings and expansions
2. Changes in the share capital structure and other capital formation, maintenance and alteration operations (for private sector organisations)
3. Changes in the location of suppliers, the structure of the supply chain, or relationships with suppliers, including selection and termination.

About this report (page 2)

• There were no significant changes during the reporting period in ARM's size, structure, ownership or supply chain.

Where we operate (page 12)

102-11	Precautionary	Whether and how the organisation applies the	Occupational health and
	Principle or	Precautionary Principle or approach.	wellness (page 81)
	approach		Environment (page 32)
102-12	External initiatives	A list of externally developed economic,	Context, frameworks and
		environmental and social charters, principles,	reporting (page 10)
		or other initiatives to which the organisation	Our approach to sustainable
		subscribes, or which it endorses.	value creation (page 22)
			ARM's reporting in terms of the
			UN Global Compact (page 193)
			The ICMM performance
			expectations and mining
			principles (page 194)
			The United Nations Sustainable
			Development Goals (SDGs)
			(page 196)
102-13	Membership of	a. A list of the main memberships of industry	Executive Chairman's report
	associations	or other associations and national or	(IAR) (page 22)
		international advocacy organisations.	Social and ethics committee
			chairman's report (page 4)
			Context, frameworks and
			reporting (page 10)
			Our approach to sustainable
			value creation (page 22)
			ESG across the value chain
			(page 26)
			Environment (page 32)
			Key stakeholder concerns and
			ARM responses (page 188)
102-14	Statement from	a. A statement from the most senior decision-	Executive Chairman's report
	senior decision-	maker of the organisation (such as CEO,	(IAR) (page 22)
	maker	chair or equivalent senior position) about	Social and ethics committee
		the relevance of sustainability to the	chairman's report (page 4)
		organisation and its strategy for
		addressing sustainability.
102-15	Key impacts, risks	a. A description of key impacts, risks and	Material matters (page 30)
	and opportunities	opportunities.	Risk management (page 136)

4 African Rainbow Minerals

Disclosure
number	Disclosure title	Description	Reference

102-16	Values, principles,	A description of the organisation's values,
	standards and norms	principles, standards and norms of behaviour.
	of behaviour

Strategy and values (page 27) Social and ethics committee chairman's report (page 4) Our approach to sustainable value creation (page 22)

102-17	Mechanisms for	A description of internal and external
	advice and concerns	mechanisms for:
	about ethics	i.	Seeking advice about ethical and lawful
			behaviour and organisational integrity
		ii.	Reporting concerns about unethical or
			unlawful behaviour and organisational
			integrity.

Social and ethics committee chairman's report (page 4) Our approach to sustainable value creation (page 22) Communities (page 66)

102-18	Governance	a. Governance structure of the organisation,	Corporate governance
	structure	including committees of the highest	(page 104)
		governance body.	Our approach to sustainable
		b. Committees responsible for decision-	value creation (page 22)
		making on economic, environmental and
		social topics.
102-19	Delegating authority	Process for delegating authority for economic,	Social and ethics committee
		environmental and social topics from the	chairman's report (page 4)
		highest governance body to senior executives	Corporate governance
		and other employees.	(page 104)
			Our approach to sustainable
			value creation (page 22)

102-20	Executive-level	a. Whether the organisation has appointed an
	responsibility for	executive-level position or positions with
	economic,	responsibility for economic, environmental
	environmental and	and social topics.
	social topics	b. Whether postholders report directly to the
		highest governance body.

Social and ethics committee chairman's report (page 4) Our approach to sustainable value creation (page 22)

102-21	Consulting	a.	Processes for consultation between	Stakeholder management
	stakeholders on		stakeholders and the highest governance	(page 28)
	economic,		body on economic, environmental and	Key stakeholder concerns and
	environmental and		social topics.	ARM responses (page 188)
	social topics	b.	If consultation is delegated, describe to
			whom it is delegated and how the resulting
			feedback is provided to the highest
			governance body.
102-22	Composition of the	Composition of the highest governance body	Corporate governance
	highest governance	and its committees by:	(page 104)
	body and its	i.	Executive or non-executive
	committees	ii.	Independence

1. Tenure on the governance body
2. Number of each individual's other significant positions and commitments and the nature of the commitments
3. Gender
4. Membership of underrepresented social groups
5. Competencies relating to economic, environmental and social topics
6. Stakeholder representation.

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