Our Approach & Performance

“Pan American remains committed to our belief that sustainability is core to who we are. As a company with a workforce of over 17,000 employees and contractors operating across eight countries and in diverse social and environmental contexts, we recognize that responsible stewardship of people, communities, and environments is fundamental to our ability to operate and grow.

Sustainability is not separate from our business strategy; it is embedded in how we manage risk, build trust, and create long term value across our portfolio.”

Gillian Winckler, Board Chair

“At Pan American, safety underpins our commitment to responsible mining. In 2026, we will further strengthen our
safety practices across the Company, with an increased focus on critical risk management, the continued integration of Human and Organizational Performance principles, and targeted technology and operational
improvements

As silver’s strategic importance continues to rise, Pan American is exceptionally well positioned to deliver growth through safe, responsible operations for the benefit of all stakeholders.”

Michael Steinmann, President & CEO

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Fire-Rescue Team Members Conducting Drills

Management Approach to ESG

We operate ethically and apply sustainable business practices throughout the mining lifecycle with the objective of creating value for our Communities of Interest (COIs).

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Two Pan American Silver Mine Employees Having a Conversation

Human Rights

At Pan American Silver, respect for human rights has guided our relationships with our COIs, especially local communities, throughout our history of operating in the Americas.

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Plant at Dusk in the Foreground with Pan American Silver Mining Operation in the Background

Policies & Commitments

Pan American Silver has adopted policies, standards, and guidelines that articulate the way our directors, officers and employees are expected to behave and guide our business.

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2025 Highlights

Zero

Significant Environmental Incidents

>51,000 tonnes

CO₂Eq reduction in GHG emissions, compared to the 2025 base case (1)

Mines have secured International Renewable Energy Certificates (IRECs)

20.4 MILLION

in community investments

Young professionals enrolled in the Future PAAS program

95%

Retention of Women employees

hectares of land rehabilitated (42 hectares onsite)

1,865

Employees received in-person compliance training, including human rights training

⁽¹⁾ The 2025 base case includes our projected 2025 water use, energy use, GHG emissions, and waste generation, as calculated using our life-of-mine plans adjusted for annual production guidance.

Our Commitment to the UN SDGs

To see all of our commitments to the UN SDGs, please click the link below.

View all our prioritized UN SDG Goals

Goal:

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

La industria minera puede contribuir al ODS 8 al generar empleos directos e indirectos bien remunerados. En particular, la minería puede contribuir a los resultados económicos de las comunidades locales al apoyar y abastecerse de proveedores locales.

Obtenga más información sobre cómo estamos trabajando en el ODS 3 en nuestra página UN Sustainable Development Goals.

Goal:

Ensure healthy lives and promote well-being for all at all ages

Mining can contribute to SDG3 by championing occupational health and safety, offering and encouraging preventative care, mitigating the spread of disease, and increasing mental health awareness in our COI communities.

Learn more about how we’re working on SDG3 on our UN Sustainable Development Goals page.

Goal:

Achieve gender equality and empower all women and girls.

As a historically male-dominated industry, mining can contribute to this SDG by offering equal opportunities for women and practising gender inclusion across the business and project life cycle.

Learn more about how we’re working on SDG5 on our UN Sustainable Development Goals page.

Goal:

Ensure access to affordable, reliable, sustainable and modern energy for all.

Through improving energy efficiency and incorporating renewable energy, the mining industry can make a significant contribution to SDG7.

Learn more about how we’re working on SDG7 on our UN Sustainable Development Goals page.

Goal:

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.

Obtenga más información sobre cómo estamos trabajando en el ODS 3 en nuestra página UN Sustainable Development Goals.

Goal:

Target urgent action to combat climate change and its impacts.

Las empresas mineras pueden contribuir al ODS 13 reduciendo las emisiones, creando resiliencia frente al cambio climático y reconociendo el cambio climático en la planificación y la inversión.

Obtenga más información sobre cómo estamos trabajando en el ODS 3 en nuestra página UN Sustainable Development Goals.

2025 Sustainability Report

Our 2025 Sustainability Report was prepared in accordance with Global Reporting Initiative (GRI) Standards and the Sustainability Accounting Standards Board (SASB) Standard. It also contains information in consideration of the Task Force on Climate Related Financial Disclosures (TCFD) reporting framework.