At Pan American, we adhere to the highest standards of corporate governance, ethics and transparency in the conduct of our business.

This approach is fundamental to manage risk, build trust with our communities of interest, and maintain social acceptance.

The Board of Directors holds direct responsibility for our corporate governance, as well as for formulating corporate objectives, approving corporate strategy and policies, and assessing and approving key plans.

Our key principles for operating ethically and in compliance with the law are laid out in our Global
Code of Ethical Conduct (the Code of Conduct).