Kinross Chirano Goldmines Ltd (KCGL) is aware that the supply chain management practices implemented by the Company, our suppliers and contractors play an important role in creating sustainable national economic development opportunities in our community of ‘welcome.

Along with our core Kinross values and guiding principles for corporate responsibility, our commitment includes building lasting relationships with the communities in which we operate while ensuring long-term positive outcomes. KCGL will achieve its commitments through various means, including its Local Professional Program (“LBP”).

The LBP defines policies, procedures and standards for KCGL, its suppliers and subcontractors. The LBP is designed to provide contractors, suppliers, communities and stakeholders outside Mauritania with detailed policies and procedures that help KCGL meet its commitments to promote local procurement of goods and service contracts.

KCGL, by implementing a strong LBP, demonstrates its determination to develop preferred guiding principles for procurement, including with regard to appropriate packaging of goods and requirements for service delivery in order to optimize the local content and the use of advantageous prices in defined situations to increase opportunities and empower local suppliers and contractors by building capacity.

The commitments made and the approach set out in this strategy apply to the procurement and contracting activities undertaken by KCGL taking into account the supply chain management policies of Kinross, the KCGL Mining Convention and the relevant regulatory and legal requirements.