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Environment

Triple Flag sees climate change as a global imperative and we are strong supporters of decarbonization and the global transition to a low-carbon economy. Triple Flag will not actively invest in oil & gas or coal

Taking Climate Action

Strong environmental management and climate considerations are fundamental to our governance model, shaping how we operate and guide our preparedness and action toward long-term sustainability. At Triple Flag, we remain committed to strengthening climate resilience and enhancing our adaptive capacity in response to climate-related risks. To this end, and in alignment with globally recognized sustainability goals, we have structured our sustainability strategy to address prevailing climate-related issues across local and partnering communities. To further demonstrate this commitment, we have established a target, approved by the Science-Based Targets Initiative (SBTi) to reduce our Scope 1 and Scope 2 emissions by 50% by 2030 from a 2018 baseline. While we do not emit reportable Scope 1 emissions attributable to direct activities, we recognize the significance in addressing our indirect environmental impact.

To promote the sustainable management of our assets, we actively engage with our counterparties to support improvements in the environmental resilience of the surrounding communities through identified shared priorities. Through collaboration with our partners, we aim to address emerging sustainability issues and encouraging alignment with recognized environmental standards, with the end goal to create an integrated approach that ensures environmental responsibility as a core pillar to our long-term strategy and value creation as a streaming and royalty company. Triple Flag is committed to publicly reporting on our Scope 1, 2 and 3 GHG emissions in alignment with the Global Reporting Initiative (GRI) Standards, Sustainability Accounting Standards Board’s (SASB) standards and International Financial Reporting Standards (IFRS) S1 and S2 Climate-related Disclosure recommendations. We will continue to monitor and report any progress within our business and made by our partners to support sustainable mining practices.

‘Partnership Spotlight: Addressing Climate Concerns through our Communities

In 2024, Triple Flag helped finance a solar panel installation project at its Cerro Lindo mine in Peru. After successfully applying to the World Gold Council’s Community Initiative Programme on the community’s behalf, Triple Flag followed with a supplemental donation of $50,000, helping expand the project’s outreach. With the main beneficiaries being residents of Topara – a community found directly downstream of Cerro Lindo – the project contributed towards the development and resiliency of the residents’ primary economic activity, agriculture, by striving to ensure a clean and efficient water supply during the dry season. Furthermore, this infrastructural change will aim to streamline their water-harvesting strategy and reduce health risks and CO2 emissions. This set reduction is due to the use of alternate clean energy technologies through the installation of over 120 solar panels to help power water pumps for water extraction. The project was finalized in early 2025 and now provides a renewable energy source for water pumping to all its residents. By replacing oil and gasoline, contamination risks and maintenance costs are greatly reduced, promoting long-term environmental and economic benefits for local farmers and families.