Eramet's economic contribution grew in the main regions in which it operates

PRESS RELEASE

Paris, June 22, 2023, 8:30 a.m CEST.

Eramet's economic contribution grew in the main regions in which it operates

• In 2022, Eramet significantly increased its contribution to the economy of the regions in which it operates, up to €3.3 billion compared with €1.8 billion in 2021.
• The figures for local purchases and payroll also rose, reaching over €2 billion and €0.6 billion respectively.
• More than 127,940 people have benefited from the Group's social programs in the countries where it operates, thanks to total expenditure of approximately €11 million.
  
  

Eramet publishes its annual report which details its payments to governments in countries where the Group is engaged in mining operations. This "Group Financial Transparency Report 2021 as at 31 December 2022" is available on the Group's website.

This report, which has been drawn up in accordance with EITI (Extractive Industries Transparency Initiative) methods, relates mainly to taxes and royalties paid to States and regions, as well as the dividends paid to public shareholders of the parent company and its subsidiaries.

In keeping with its commitment to being a catalyst for economic development in the regions in which it operates, the Group also publishes specific data in terms of community investment, payroll, purchasing and subcontracting at its main sites (Argentina, Cameroon, the United States, France, Gabon, Indonesia, Norway, New Caledonia, Senegal). Detailed information on these contributions is available on the Group's website.

The Group's economic contribution across all the regions in which it operates has risen substantially, reaching €3.3 billion in 2022 (compared to €1.8 billion in 2021).

Local purchases and payroll have also increased, totaling respectively €2.3 billion (compared to €1.1 billion in 2021) and €598 million (versus €456 million in 2021).

Taxes and dividends paid in the various regions where the Group operates amounted to €480 million in 2022.

Community investment and sponsorship for local communities totaled almost €11 million in 2022 and benefited more than 127,940 individuals, particularly young people and women, the two priority groups targeted by the Group's societal efforts. This amount includes community spending at sites where Eramet is the majority shareholder and a donation to the International Red Cross to support humanitarian aid in Ukraine and community spending by PT Weda Bay. It does not include expenditures related to initiatives aimed at mitigating the environmental and social impacts of our operations.