Overview

Akobo Minerals integrates environmental, social and governance (ESG) considerations into the development and operation of its gold projects in Ethiopia. ESG is treated as a core business discipline supporting risk management, regulatory compliance and long‑term value creation.

Governance and ethics

Akobo Minerals applies high standards of corporate governance and ethical conduct consistent with Scandinavian governance principles. The Company maintains transparent reporting practices and adheres to strict anti‑corruption and ethical standards.

Technical reporting is conducted in accordance with the JORC Code (2012) and overseen by appropriately qualified professionals.

Health, Safety and Environment (HSE)

Health and safety are fundamental priorities across all operations. Akobo Minerals applies structured HSE systems aimed at preventing incidents and mitigating operational risk, particularly given the remote operating environment.

Key elements include:

  • Mandatory safety training for employees and contractors;
  • Use of appropriate personal protective equipment;
  • Procedures for operating vehicles and heavy equipment; and
  • Incident reporting and continuous improvement processes.

Environmental management focuses on minimising the footprint of exploration activities through responsible land use and compliance with environmental requirements.

Environmental responsibility

Akobo Minerals recognises that exploration activities have environmental impacts and seeks to manage these responsibly. Environmental baseline work and impact assessments provide the basis for environmental monitoring and mitigation as projects advance.

Social responsibility and local employment

Akobo Minerals engages with local communities in areas surrounding its operations and supports practical initiatives related to access, safety and infrastructure where appropriate.

The Company prioritises employment of Ethiopian nationals across operational and technical roles. Training and skills development are integral to building local capacity and supporting long‑term employment opportunities.

Commitment

Akobo Minerals is committed to responsible project development that safeguards people, respects the environment and operates in accordance with applicable laws, regulations and recognised international standards.

ESG systems are being developed in line with the Company’s size, stage and operating environment.