Responsible Capital Allocation Community Contributions Good Governance & Shareholder Alignment Diversity, Inclusion & Well-Being Climate Action Transparency & Guiding Principles Appendices 60 Physical Risks Potential Financial Impact for: Description of Physical Risks Our Operators Our Company Summary Acute: Extreme weather events caused by global warming (e.g. droughts, floods, These events may lead to production delays and cessation of operations • Short-term delay (deferral) of Revenues hurricanes, etc.) Chronic: Gradual shifts in weather conditions (e.g. water scarcity, shifts in rainfall These shifts may lead to recurring production delays and cessations of operations • Longer-term and potentially recurring delays (deferrals) of Revenues patterns, rising sea levels, etc.) and increased operating costs to adapt to climate changes, which may lead to • Potential impact to valuation of Assets on balance sheet (e.g. impairment projects being abandoned or placed on care and maintenance if adaptation or write-off of assets) costs erode anticipated profitability By Jurisdiction Chile • Reduction in annual precipitation rates is likely to exacerbate Chile’s pre-existing Main risks: Health and safety of employees; social license to operate as increasing Revenue could be impacted in the short, medium or long-term due to interruptions issues of water stress as well as the frequency and length of droughts temperatures and decreasing rainfalls leads to loss of biodiversity; inability to production caused by physical climate hazards • Despite an overall trend towards decreasing precipitation, extreme rainfall events to permit new mines or mine life extensions using ground water Risk of stranded Assets: Low-medium are expected to intensify Financial impacts to operations: Reduction in revenue due to production delays; • Chile is projected to experience lower rates of warming than the global average, increased operational costs (i.e. repairs to operations, energy costs) yet rising temperatures still pose risks Nevada • Nevada is at high risk of extreme heat, with the increased severity and frequency Main risks: Health and safety of employees; social license to operate given water Revenue could be impacted in the short, medium or long-term due to interruptions of heat waves posing a significant risk to people and projects scarcity issues caused by extreme heat in some areas to production caused by physical climate hazards • There is a high likelihood that rising temperatures will increase the severity and Financial impacts to operations: Reduction in revenue due to production delays; Risk of stranded Assets: Low intensity of droughts increased operational costs (i.e. repairs to operations, energy costs) • The risk of wildfires will increase, while flooding and storms may also become more common Peru • Temperatures are projected to rise in Peru, creating an increased risk of extreme Main risks: Health and safety of employees; social license to operate given water Revenue could be impacted in the short, medium or long-term due to interruptions heat, while increased rainfall also raises the risk of flooding, landslides and storms scarcity issues caused by extreme heat and droughts to production caused by physical climate hazards • The impact of climate change on precipitation rates is expected to vary considerably Financial impacts to operations: Reduction in revenue due to production delays; Risk of stranded Assets: Low across Peru increased operational costs (i.e. repairs to operations, energy costs) • Glacial retreat is occurring at an accelerated rate in Peru, increasing the risk of floods and landslides • Climate change could exacerbate existing water stress, creating challenges for mining operations