IGO : 2024 ESG Roadshow Presentation

ASX RELEASE

1 JULY 2024

ESG ROADSHOW PRESENTATION

IGO Limited (ASX: IGO) (IGO or the Company) is pleased to attach a copy of presentation materials which will be used at the Company's 2024 ESG Roadshow which is being held this week in Sydney and Melbourne.

IGO's Non-Executive Chair, Michael Nossal and management will use the roadshow to engage with key shareholders and proxy advisors on the progress the Company has made over the past 12 months on environmental, social and governance matters.

This announcement is authorised for release to the ASX by Ivan Vella, Managing Director & CEO

For further information contact:

Richard Glass

Head of Investor Relations

T: [phone]

1. [e-mail]

Suite 4, Level 5	PO Box 496	T. [phone]	igo.com.au	Page 1
85 South Perth Esplanade	South Perth WA 6951	F. [phone]	IGO Limited
South Perth WA 6151	Western Australia	E. [e-mail]	ABN 46 092 786 304

2024 ESG Roadshow

Michael Nossal - Non-Executive Chair

Bryan Williams - Head of Environment and Climate

Matthew Spagnolo - General Manager Cosmos Nickel Operation

July 2024

IGO LIMITED | ASX: IGO

Cautionary Statements & Disclaimer

• This presentation has been prepared by IGO Limited ("IGO") (ABN 46 092 786 304). It should not be considered as an offer or invitation to subscribe for or purchase any securities in IGO or as an inducement to make an offer or invitation with respect to those securities in any jurisdiction.
• This presentation contains general summary information about IGO. The information, opinions or conclusions expressed in the course of this presentation should be read in conjunction with IGO's other periodic and continuous disclosure announcements lodged with the ASX, which are available on the IGO website. No representation or warranty, express or implied, is made in relation to the fairness, accuracy or completeness of the information, opinions and conclusions expressed in this presentation.
• This presentation includes forward looking information regarding future events, conditions, circumstances and the future financial performance of IGO. Often, but not always, forward looking statements can be identified by the use of forward-looking words such as "may", "will", "expect", "intend", "plan", "estimate", "anticipate", "continue" and "guidance", or other similar words and may include statements regarding plans, strategies and objectives of management, anticipated production or construction commencement dates and expected costs or production outputs. Such forecasts, projections and information are not a guarantee of future performance and involve unknown risks and uncertainties, many of which are beyond IGO's control, which may cause actual results and developments to differ materially from those expressed or implied. Further details of these risks are set out • below. All references to future production and production guidance made in relation to IGO are subject to the completion of all necessary feasibility studies, permit

applications and approvals, construction, financing arrangements and access to the necessary infrastructure. Where such a reference is made, it should be read subject to this paragraph and in conjunction with further information about the Mineral Resources and Ore Reserves, as well as any Competent Persons' Statements included in periodic and continuous disclosure announcements lodged with the ASX. Forward looking statements in this presentation only apply at the date of issue. Subject to any continuing obligations under applicable law or any relevant stock exchange listing rules, in providing this information IGO does not undertake any obligation to publicly update or revise any of the forward- looking statements or to advise of any change in events, conditions or circumstances on which any such statement is based.

• There are a number of risks specific to IGO and of a general nature which may affect the future operating and financial performance of IGO and the value of an investment in IGO including and not limited to economic conditions, stock market • fluctuations, commodity demand and price movements, access to infrastructure, timing of environmental approvals, regulatory risks, operational risks, reliance on key personnel, reserve and resource estimations, native title and title risks, foreign currency fluctuations and mining development, construction and commissioning risk. The production guidance in this presentation is subject to risks specific to IGO and of a general nature which may affect the future operating and financial performance of IGO.
  Quarterly Financial Results are unaudited. All currency amounts are in Australian Dollars unless otherwise noted. Net Cash is cash balance less outstanding debt, Net Debt is outstanding debt less cash balances.

• Nickel cash costs are reported inclusive of royalties and after by-product credits on a per unit of payable metal basis, unless otherwise stated. Lithium cash costs are reported as COGS (cash costs of goods sold) per tonne sold and is inclusive of ore mining costs, processing, general and administrative, selling & marketing and inventory movements.
• Underlying EBITDA is a non-IFRS measure and comprises net profit or loss after tax, adjusted to exclude income tax expense, finance costs, interest income, asset impairments, gain/loss on sale of investments, depreciation and amortisation and once-off transaction and integration costs. Underlying EBITA includes IGO's share of TLEA net profit after tax.
• Free Cash Flow comprises Net Cash Flow from Operating Activities and Net Cash Flow from Investing Activities. Underlying adjustments exclude acquisition and integration costs, proceeds from investment sales, and payments for investments and mineral interests.
  IGO has a 49% interest in Tianqi Lithium Energy Australia Pty Ltd (TLEA) and therefore, as a non-controlling shareholder, recognises its share of Net Profit After Tax of TLEA in its consolidated financial statements. As such, IGO has provided additional information on the operating, financial and expansion activities at both Greenbushes and the Kwinana Refinery which reflects IGO's understanding of those operating, financial and expansion activities based on information provided to IGO by TLEA.

IGO Limited | ESG Roadshow Presentation July 2024	Page 2

Agenda

Our Approach to Sustainability	Page 4
People and Community	Page 7
Environment and Climate	Page 13
Lithium Joint Venture	Page 17
Governance	Page 19
Summary	Page 22

Acknowledgement

IGO acknowledges the Traditional Owners of the land on which we operate and with who we work. We recognise their connection to land, waters and culture, and pay our respects to their Elders past, present and emerging.

IGO Limited | ESG Roadshow Presentation July 2024	Page 3

Our Approach to Sustainability

IGO Limited | ESG Roadshow Presentation July 2024

Our Approach to Sustainability

Responding to a complex ESG landscape

Upcoming Australian

Sustainability Reporting

Standards

In line with our purpose of Making a Difference, we:

Seek to deliver leading sustainability performance and maintain our high standard of disclosure and transparency

Ensure compliance and effectively manage risk

Respond to the needs of our stakeholders

Prepare for new and emerging stakeholder expectations, reporting standards and frameworks

IGO Limited | ESG Roadshow Presentation July 2024	Page 5

Our Approach to Sustainability

Snapshot of our progress in FY24

SAFETY & WELLBEING

• Dedicated safety workshops held throughout business
• Matured approach to psychosocial harms

OUR FINANCIAL CONTRIBUTIONS

• Continue to support communities through our Corporate Giving program and payments to Ngadju People

OUR PEOPLE

• 94% of our people feel safe when performing their duties
• Care for our people through Cosmos Project Care & Maintenance

TRADITIONAL OWNERS AND COMMUNITIES

• Implementation of new Innovate Reconciliation Action Plan and new external RAP Advisory Group

OUR RESPONSE TO CLIMATE CHANGE

• Net zero Scope 1 & 2 emissions by 2035
• Review and update of Climate Change strategy

ENVIRONMENT

• TNFD gap assessment and nature positive roadmap
• Minimise impact on water resources where we operate
• Advanced closure planning at Nova and Forrestania

GOVERNANCE AND BUSINESS INTEGRITY

• Continuing to improve governance processes as business matures

IGO Limited | ESG Roadshow Presentation July 2024	Page 6

People and Community

IGO Limited | ESG Roadshow Presentation July 2024

Safety

Improving safety performance and supporting safety culture remains our highest priority

TOTAL RECORDABLE INJURY FREQUENCY RATE (TRIFR)1

Improvement in key lead and lag indicators over FY24 has been an encouraging outcome of key programs of work

Dedicated focus on operational risk register reviews and safety workshops for senior leaders, with the aim of cultivating our safety-first culture

LEAD SAFETY INDICATORS

94% of our people say they feel safe when performing their duties

	1. 12 month moving average calculated as the number of recordable injuries x 1,000,000 divided by the total number of hours
	worked. IGO reports recordable injuries (TRI) as the sum of Lost Time Injury (LTI), Medically Treated Injury (MTI) and Restricted
	Work Injury (RWI) as required by Part 1.1 r.5 of the WHS (Mines) Regulations 2022. Western Areas injury data is captured from
IGO Limited | ESG Roadshow Presentation July 2024	June 2022 onwards for the lead indicators, and April 2023 onwards for the lag indicators.
	Page 8

Our People

Our culture and the strength of our people continue to shine…

Valuing diversity

• 76% of our people believe that IGO values diversity

Care for our People

• 69% of our people believe that IGOs shows care and concern for their health and wellbeing
• We supported our people through Cosmos Project care & maintenance with responsible restructuring and redeployment of roles (where possible), providing counselling and psychosocial support

Making a Difference

• 62% of our people believe that IGO's environment and community initiatives are making a difference for people in the communities where we work

IGO Limited | ESG Roadshow Presentation July 2024	Page 9