GOVERNANCE

Fancamp has achieved ECOLOGO® Certification for ULC TS-2723 Responsible Development for Mineral Exploration Industry (the “ECOLOGO® Certification”) from UL Solutions, a global leader in applied safety science. The UL ECOLOGO® Certification is a trusted, third-party certification program that has confirmed Fancamp’s commitment to best practices for responsible development in the mineral exploration industry, whereby the certification and related audit were conducted by UL Solutions. Fancamp has successfully completed the final stage of the certification process, which included comprehensive audit results, use of the UL ECOLOGO® Mark, and registration in SPOT, the UL Solutions sustainable product database.

The UL ECOLOGO® Certification represents the first comprehensive certification for Canadian Mineral Exploration Companies and their service providers that features third-party certification of environmental, social and commercial practices. The UL Solutions ECOLOGO® Certification Program process involves a rigorous audit to evaluate performance in environmental impact, personnel safety, well-being of impacted communities, fair and ethical business practices, compliance with applicable legal requirements and efficient use of financial resources. Independent third-party validation, such as ECOLOGO® Certification, provides stakeholders with confidence that our commitment to responsible exploration is both credible and transparent. UL ECOLOGO® Certification demonstrates that disciplined environmental and social stewardship, and strong exploration performance can, and must, advance together.

ESG

Fancamp Exploration recognizes that the success of our operations is best built upon the foundation of sustainability and responsible governance, and our corporate structures and codes of conduct reflect a commitment to honest, ethical comportment and management, while mitigating environmental impacts and a focus on providing a supportive workplace environment.

Fancamp Exploration fully complies with all environmental laws and regulations in our exploration properties located in Quebec, New Brunswick and Ontario, Canada. Although Fancamp Exploration is in the early exploration stage across numerous properties and jurisdictions, and holds various joint ventures and interests, we are actively monitoring and assessing the risks of our projects and operations, and developing mitigation strategies to deal with any potential future incidents.

Fancamp Exploration prioritizes minimizing the environmental impacts of exploration and takes proactive approaches to evaluate and mitigate any potential operations or actions that would negatively impact the environment in the regions that we operate within, taking the necessary precautions and creating processes to identify adverse impacts, as we aim to foster positive, productive and mutually beneficial relationships with local communities with respect for their territory and ecosystems.

Some of the actions we’ve taken over the last year with respect to be above noted principles include the incorporation of a Code of Ethics and Conduct, and various governance guidelines and regulations to ensure effective, transparent, ethical and fair management practices and communication, that is focused on protecting and building shareholder value and interests, while protecting the safety and rights of those that interact with the company.