3. Principles of Governance

3.1 Governing purpose

Lynas aims to be the supplier of choice for our customers and a leader in sustainably produced rare earths. This vision lives through our people and the way we do business. Shared values and a culture which unlocks the potential of our people are fundamental to our success.

Our values

Care

We care for and respect each other, our communities and the environment. We make sure we all go home safe and well.

Achievement

We are resilient and committed. We overcome challenges to achieve our goals.

Expertise

We are driven to be the world’s best in Rare Earths and to earn the respect of our customers.

Diversity

We are a multicultural company. We value and embrace diversity.

Sustainability

We are passionate about contributing to a sustainable future and green technologies.

Our vision and values guide our approach to ESG. This approach is more than words, we live and work by our values every day.

Our ESG approach

PEOPLE

• Health & safety is our #1 priority • Diverse and engaged workforce • Protecting human rights and preventing modern slavery

• Meeting the challenges of climate change • Nurturing biodiversity • Conserving water and reducing emissions and waste

• Making a positive contribution to our communities • Respecting the values and cultural heritage of our communities • Innovating for environmentally responsible technologies

• Engaging with stakeholders • Being ethical and compliant • Managing risks