Our Goals and Performance

Our annual corporate goals and objectives are largely established by our employees and supervisors, encouraging a high level of understanding and commitment by those who carry out our day-to-day business activities. The common safety, employment, environment, and social goals are listed in the table below. Please see our 2018 Annual Report for our business and economic goals. Our 2019 goals will apply to our newly-acquired Tahoe Resources mines.

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2018 Goals 2018 Results 2018 Performance 2019 Goals
Operations & Safety
Achieve zero fatalities by continuing the implementation of our serious accident prevention program and enhance programs with meaningful improvements Goals X Despite meaningful efforts of enhancing our safety programs throughout the organization, we regrettably incurred a fatality at one of our mines during 2018. Achieve zero fatalities by continuing the implementation of our serious accident prevention program and enhance programs with meaningful improvements
Achieve an LTIF of 1.2 or less Goals X Reported an LTIF rate of 1.41. Achieve an LTIF of 1.5 or less
Achieve an LTIS of 400 or less Goals X Reported an LTIS rate of 723. Achieve an LTIS of 600 or less
People
Continue to develop future leaders by conducting leadership workshops for employees across all operations, and encourage skills development and education programs within our organization Goals Check We ran our Leadership Development Program twice. We initiated behaviour-based safety programs, and supported learning exchanges between operations. Conduct annual Leadership Development Program workshops involving leaders from all operations

Conduct “fast track” train-the-trainers leadership program at our newly-acquired Tahoe operations
Evaluate whether livable wage study should be updated according to overall labour market conditions Goals X We did not complete a livable wage assessment. A livable wage assessment is not included as a corporate goal for 2019

Improve gender diversity and inclusion metrics in recruitment, retention and promotion of women across the Company
Social
Achieve zero significant social conflicts at our operations through engagement, resolving grievances, and social auditing Goals Check We achieved zero significant social incidents at our operations. Achieve zero significant social conflicts at our operations through engagement, resolving grievances, and social auditing
Continue to expand our community engagement activities through greater participation in our corporate survey and more in-depth engagement in our corporate social responsibility (CSR) projects Goals Check Our Peruvian sites updated their baseline with participation of the communities. With participation of the families in the mining camp, our team at San Vicente designed a program to improve hygiene, sanitation practices, and living conditions. Continue to expand our community engagement activities through greater participation in our corporate survey and more in-depth engagement in our CSR projects
Improve access to quality education in the communities near our mines Goals Check We added support to more teachers in Peru. Our team at Dolores worked with the community to bring back the teachers who had left due to local security incidents. Improve access to quality education in the communities near our mines
Improve access to better health care in the communities near our mines Goals Check We continued with our health campaigns and added special campaigns at San Vicente on AIDS and HPV protection. Improve access to improved health care in the communities near our mines
Develop additional alternative economic opportunities in communities near our mines Goals Check We are developing a program around alpaca breeding that will involve 500 producers compared to only 50 in the previous program. We extended the greenhouse program in Bolivia until 2020. Develop additional alternative economic opportunities in communities near our mines
Environment
Achieve zero significant environmental impacts (SEIs) at our operations Goals Check We achieved zero SEIs at our operations. Achieve zero SEIs at our operations
Improve on annual environmental audit performance Goals X Morococha and San Vicente improved audit performance however minor non-conformances increased in Huaron audit. Improve on bi-annual environmental audit performance
Reduce water use compared to business as usual by implementing optimally designed projects at our operations Goals Check Our Bolivian and Peruvian mines increased water recycling significantly through improved water management in their process plants. Reduce water use compared to business as usual by implementing improved project design at our operations
Substantially complete active physical reclamation activities at Alamo Dorado and conduct interim reclamation projects at our active operations Goals Check We have substantially completed active reclamation at Alamo Dorado. Progressive reclamation at Manantial Espejo and our other mines is on track. Continue post-closure activities at Alamo Dorado and conduct interim reclamation projects at our active operations
Reduce hazardous and non-hazardous waste generation at our operations compared to business as usual Goals Check We reduced hazardous waste generation and increased recycling across the Company. Reduce hazardous and non-hazardous waste generation at our operations compared to business as usual
Implement projects that can potentially reduce energy use at our operations compared to business as usual Goals Check We reduced energy use compared to business as usual by implementing improvements to the pumping systems at San Vicente, and to the ventilation control systems and energy supply substation at Huaron. Implement projects that can potentially reduce energy use at our operations compared to business as usual
Implement projects that can potentially reduce greenhouse gas emissions at our operations compared to business as usual Goals Check We reduced greenhouse gas emissions through implementing the use of fuel additives in haul trucks and connecting our Dolores mining camp and a nearby community to the regional power grid. Implement meaningful projects that can potentially reduce greenhouse gas emissions at our operations compared to business as usual
Complete self-assessments under the Mining Association of Canada (MAC) Towards Sustainable Mining(1) (TSM) program and develop action plans for each operation to achieve “A” level compliance within two years Goals Check Completed self-assessments at all operations and developed action plans to reach “A” level in 2020. Achieve A Level TSM performance in 2020 or earlier at all operations, except the newly-acquired Tahoe mines, which will achieve A level by 2022 or earlier

(1) Towards Sustainable Mining is an initiative of the Mining Association of Canada (MAC) designed to drive sustainability performance and risk management. As a MAC member, we are committed to the TSM Guiding Principles and are in the process of assessing our performance against the TSM protocols.