Impala Platinum (IMP) investor relations material

Business overview and strategy

• Operates as an integrated global producer of platinum group metals (PGMs) with operations in Canada, Zimbabwe, and South Africa, focusing on the full mine-to-market value chain.

• Maintains a significant resource base with over 315 million ounces of precious metals and emphasizes responsible environmental stewardship and community partnerships.

• Anchors its business on sustainable development, operational excellence, and organizational effectiveness, adapting to dynamic geopolitical and socioeconomic realities.

• Focuses on improving competitive positioning and future-proofing the portfolio to address industry cyclicality and evolving demand for PGMs.

Stakeholder engagement and ESG focus

• Prioritizes diverse stakeholder needs, including employees, communities, government, and customers, with a strong emphasis on safety and social impact.

• Provides above-average wages, benefits, and community support, especially in regions with high unemployment and poor service delivery.

• Adheres to rigorous environmental and labor legislation, pays significant royalties, and has matured relationships with government and unions.

• ESG framework underpins the company’s purpose, with a focus on environmental performance, governance, and recognized excellence in sustainability.

Financial performance and capital allocation

• Experienced a 40% uplift in basket price per ounce over 12 months, driving significant improvements in earnings, free cash flow, and shareholder returns.

• Maintains a strong balance sheet and plans to increase capital expenditure by 10-15% in the medium term to extend mine life at major operations.

• Capital allocation policy targets returning a minimum of 30% of free cash flow to shareholders, with increased distributions aligned with profitability.