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Lundin Group

"We delivered many lasting improvements in safety, environmental and social performance in 2021, as highlighted in our 12th annual Sustainability Report," said Peter Rockandel, President and CEO. "Integral to Lundin Mining's continued success is that our approach to Responsible Mining keep pace with climate change, the demands of the green economy for the metals we produce, and evolving employee and stakeholder expectations. To ensure we accomplish these, in late 2020, we began a journey to refresh our approach to sustainability and develop a new long-term strategy."

"Though Lundin Mining is already a leader with an industry-low greenhouse gas ("GHG") emission intensity for the base metals we produce, we acknowledge our role in the call for action to reduce emissions, commit to low-carbon alternatives, and develop climate resilience," commented Kristen Mariuzza, Vice President Environment & Social Performance. "We are pleased to announce an interim scope 1 and scope 2 GHG absolute emissions reduction target of 35% by 2030 compared to our 2019 baseline year. Setting a 2030 target places us clearly on our climate commitment pathway to 2050."

Lundin Mining has been reporting on the safety, environmental, social and economic issues that are of greatest interest to communities near its operations, employees, investors and other stakeholders in a comprehensive, standalone document since 2010. The 2021 Sustainability Report has been prepared in accordance with the Global Reporting Initiative ("GRI") Standards and broadly mapped against the Sustainability Accounting Standards Board ("SASB") Metals & Mining Standard.

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* July 2022 - Lundin Energy acquired by BP Aker