Climate change disclosure in line with UK Statutory Instrument The Companies (Strategic Report) (Climate‑related Financial Disclosure) Regulations 2022 (S414CB(A1)(2A)CA 2006) (AIM company)

Pan African Resources plc – Annual report – 30 June 2023

Industry: mining

NON-FINANCIAL AND SUSTAINABILITY INFORMATION STATEMENT (extract)

Climate change has been a consideration in Pan African’s strategy for several years. As a gold mining company with significant energy requirements, we recognise that we have an essential role to play in mitigating our carbon footprint.

The non-financial and sustainability information statement has been drafted in accordance with the requirements of section 414 of the Companies Act 2006. Our approach to climate change must carefully balance mitigation of our carbon footprint, building climate adaptation and resilience and supporting the Just Energy Transition Framework.

PROGRESS ON TCFD REPORTING

Page 126 extract