ESG

Paramount Gold is committed to advancing its projects with a disciplined approach that reflects strong environmental stewardship, social responsibility, and transparent governance. Our approach aligns with regulatory requirements and established industry best practices, with a focus on building long-term relationships with local communities, Indigenous groups, and other stakeholders.

Sustainability considerations are integrated throughout the project lifecycle, from design and permitting through construction, operations, and closure. This includes integrating environmental controls into technical decisions, responsibly managing water and materials, considering climate-related factors, and maintaining a strong focus on worker and community safety. We also aim to generate measurable economic benefits that support local communities.

Across our projects, we are guided by established practices in water management, biodiversity protection, tailings and waste management, and energy efficiency. Performance will be tracked through monitoring programs, with results used to inform ongoing improvements. The Company will engage regularly with stakeholders and disclose progress through public reporting.

Sustainability is a core operational priority, as defined in our Sustainability Policy. This includes setting clear standards, monitoring performance, and making decisions that support environmental protection, community well-being, and long‑term project resilience.

Paramount manages its projects to minimize impacts on land, water, and wildlife, in accordance with regulatory requirements and approved environmental management plans. Environmental controls are integrated into project design, permitting, and future construction and operations, with a focus on minimizing disturbance, managing water quality and quantity, and protecting habitats. The Company’s approach also includes responsible management of tailings and waste materials.

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Disturbed areas will be be progressively reclaimed where feasible, with the objective of achieving a stable, self-sustaining landscape consistent with accepted closure plans.

Paramount’s projects are expected to contribute to the regional economy through employment, local procurement, and payments to governments. The Company intends to work with local and regional businesses to identify procurement opportunities and communicate upcoming contracting needs. Economic contributions, including employment and local spending, will be tracked and reported.

Paramount intends to prioritize local hiring where skills are available and will provide training to support workforce participation over the life of its projects. The Company engages with communities and Indigenous groups to understand local priorities and identify opportunities for meaningful project-related support. ​​​​​​​