Minsur S A : OTROS HECHOS DE IMPORTANCIA 18.1 POSICIÓN MENSUAL EN INSTRUMENTOS FINANCIEROS DERIVADOS. DESCARGAR PLANTILLA (*)

SUSTAINABILITY		FOCUSED
REPORT
2021	ON PEOPLE

Firmado Digitalmente por:

EMILIO EDUARDO ALFAGEME RODRIGUEZ LARRAIN Fecha: 09/08/2022 07:54:51 p.m.

GRI 102-3

MINSUR S.A.

Calle Bernini 149, Int. 501-A San Borja, Lima., Lima, Perú Phone number: [phone]

MARCOBRE S.A.C.

Calle Bernini 149, Int. 501-A San Borja, Lima., Lima, Perú Phone number: [phone]

TABOCA S.A.

Calle Constantino Nery, Nº 2789

Edificio Empire Center, Piso 10

Chapada, Manaos, Amazonas, Brasil

WEBS:

www.minsur.com

www.marcobre.com

www.mtaboca.br

For further information on our company and sustainability management, you may contact us at: [e-mail]

SUSTAINABILITY

REPORT

2021

FOCUSED

ON PEOPLE

(GRI 102-53)

WE ARE MINSUR, A COMPANY THAT IMPROVES PEOPLE'S LIVES BY TRANSFORMING MINERALS INTO WELLBEING.

Table of Contents

Letter to the	Main figures
Shareholders	of 2021
05	07
1	2	3	4	5	6

Focused	Focused	Focused	Focused
on a meaningful	on operational	on responsible	on health and
purpose	excellence	governance	safety
10	Our Company	21	Minsur Way	33	Main governance	52 Health and safety
11	Our purpose and values	22	Our operations and		bodies	management system
13	Sustainability		projects	35	Ethics and compliance	57 Occupational health
				and safety performance
	strategy	29	Economic performance	38	Risk management
15	Standards and code			41	Human rights
	of conduct

Focused	Focused
on sharing	on environmental
value	care
60 Talent management	79	Focused on
65 Social management		environmental care
and communities	80	Climate change
75 Supplier management	81	Energy and emissions
	83	Water management and effluents
	86	Waste management and tailings
	88	GMining tailings and waste
		infrastructestión management
		(IMS)
	90	Respect for biodiversity
	92	Material management
	93	Closure plans

Annexes

		1	2	3	4	5	6
Letter to the	Main figures	Focused	Focused	Focused	Focused	Focused	Focused	Annexes
Shareholders	of 2021	on a meaningful	on operational	on responsible	on health and	on sharing	on environmental
		purpose	excellence	governance	safety	value	care

2021 was a complex and challenging year that tested our resilience, and thanks to our management and operation capacities we achieved very good results.

LETTER TO THE

SHAREHOLDERS

Dear shareholders,
2021 was a complex and challenging year that tested	ject and started the commercial production stage in
our resilience, and thanks to our management and	the sulfide and oxide plants, exceeding 75,000 tons of
operation capacities we achieved very good results.	copper contained in concentrates and 10,102 tons of
The second wave of COVID 19 continued heavily affec-	copper cathodes.
ting Peru and the world. Thus, our priority was protec-
ting people's health, regardless of whether they were	Last but not least, though we exceeded our gold pro-
employees, suppliers, contractors, or members of the	duction goals in 2021, we reported a 14% drop as com-
communities in our area of influence. In this line, we	pared to 2020, in line with Pucamarca's life-of-mine ex-
strengthened our prevention protocols, and achie-	pectations.
ved 100% of vaccination in all our mining units (with
two doses), we invested in self-assessment apps and	The great operating results, together with favorable
air quality control equipment, we recertified our ope-	mineral prices and effective commercial management,
rations with the "Safe Guard" seal of good biosafety	resulted in a record financial performance, with con-
practices, among other measures that allowed us to	solidated sales of US$ 2,005.1 million (+209% vs 2020)
operate safely.	and EBITDA of US$ 1,409.6 million (+471% vs. 2020).
	We achieved all this with high sustainability standards
At the operational level, we stabilized all our mining	in our different management areas, aiming at gene-
units after the pandemic restrictions were lifted. This,	rating value for all our stakeholders. For instance, we
together with the consolidation of our transformation	provided over 148 hours of training to enhance our
programs such as LINGO (lean management), allowed	professionals', technicians' and operators' develop-
us to exceed expected production and quality parame-	ment.
ters. Among other results, our tin production (Minsur
and Taboca) grew 27%, thus we became the world's	Furthermore, we paid special attention to people's
second tin producer, according to the International Tin	health and safety. Thanks to our program: "MINSE-
Association.	GUR: ZERO is possible!", it has been six years in a row
	without fatal accidents, and we achieved a recor-
In addition, it is worth mentioning that in 2021 Mar-	dable injury frequency rate of 1.50 for each million
cobre completed the construction of Mina Justa pro-	person-hours worked, considering Minsur, Taboca,

MINSUR SUSTAINABILITY REPORT 2021	5