G: Corporate Governance

Strong financial results are an essential part of our sustainability strategy. Despite global challenges that have triggered unfavorable consequences for the global coal market, we have implemented strategies that have allowed us to achieve good financial results and have effectively adapted to new challenges. We continue to generate economic value for the region and the world!

In 2023, we achieved the following milestones:

1. Remaining the largest coal exporter in Colombia for the eighth consecutive year.
2. Being one of the most reputable mining companies in Colombia.
3. Formally launching our carbon-neutrality strategy to offset and reduce our GHG emissions.
4. USD 26,694,056 invested in our social programs for our communities and employees.

At Drummond Ltd. we are committed to building strong and lasting relationships with all of our stakeholders, especially those located in the area of influence of our operations. To do so, we have implemented close, mandatory channels of communication that allow us to:

• Assess and meet the needs and expectations of our stakeholders
• Encourage collaboration and the creation of synergies
• Promote active participation by our stakeholders
• Maintain transparent and participatory communication

Transparency is our hallmark. At Drummond Ltd. we believe that responsible and effective communication with all stakeholders in our operations is the key to building genuine relationships. We recognize the importance of keeping our stakeholders informed about the activities we carry out and their potential impacts. Through clear and open communication, at Drummond Ltd. we seek to engage communities and other stakeholders in decision-making, thereby fostering trust and collaboration.