OUR STRATEGY & APPROACH

We invest in local communities close to our operations to promote sustainable development. Through
participatory processes, we identify socio-economic development programs and investments that deliver
long-term benefits beyond the life of mine. Our community investment programs are developed in
close partnership with local communities and—in some cases—with local authorities and are guided
by collaborative approaches. These socio-economic development programs and investments are based on
comprehensive baseline studies, surveys, and formal engagement processes.

Pan American has established four pillars that are fundamental to our work with communities: local
economic development programs, health programs, education programs, and local employment and
procurement. We closely monitor the effectiveness of our programs and provide space for adjustments
and improvements based on each community’s needs and priorities. Our business activities also generate
economic benefits directly in host countries and communities through wages, local procurement, taxes
and royalties paid to governments, and infrastructure improvements.

Read more about our approach to managing Socio-Economic Contributions in our Management Approach, including details on our policies, programs, monitoring practices, and accountability