However, in 2025, despite these e!orts, a fatality occurred involving a contractor worker from a water-pump vendor whose activities were under our operational control. Four first aid incidents were also recorded during the year. This incident underscores the importance of extending robust safety oversight to all personnel working within our operations, including contractors and third-party workers. Following the event, the Group undertook a comprehensive review of its safety procedures, contractor management practices, and risk mitigation measures to prevent similar occurrences. Additional corrective actions and strengthened monitoring mechanisms were also implemented to reinforce safety performance across all work groups operating under our supervision. Continuous Improvement Through continuous assessments and targeted training, we seek to strengthen our OHS systems and overall safety performance. By fostering a strong safety culture, the company remains focused on protecting the health and well-being of all employees and contractors. COMMUNITY & WELL"BEING GRI 2-23 to 2-26, 3-3, 203-1, 413-1 We seek to create long-term sustainable value and support positive outcomes for all stakeholders, particularly the local communities in which we operate. Policies, Procedures, and Practices Supporting Local Communities Engaging in community development initiatives build strong and positive relationships with the communities located near our mining sites. These e!orts support the well-being of local stakeholders and contribute to the long-term sustainability of our operations. To support this approach, we follow the following key practices: Stakeholder Engagement Policy We implement this policy consistently across all operational areas to ensure meaningful and transparent engagement with stakeholders. Grievance Mechanism We maintain a robust process to address concerns raised by stakeholders, ensuring that all voices are heard and acted upon. Grievance Mechanisms Our grievance mechanism provides a safe and accessible channel for stakeholders to raise concerns related to our mining operations. Aligned with IFC Performance Standards, the mechanism supports timely and e!ective resolution of issues. Geo Energy’s Grievance Tracking Redress Mechanism (GTRM) is a structured process that manages the receipt, investigation, and resolution of stakeholder grievances. The process includes: 1. Receipt of grievance 2. Recording and assignment of the case to the appropriate responsible party 3. Fact-finding and investigation involving all a!ected stakeholders 4. Resolution and, where necessary, an appeals process 5. Feedback collection and case closure All grievances are documented and monitored through a centralised database maintained by the Operations team, ensuring consistent tracking and systematic followup. In 2025, three grievances were received through our grievance channel concerning: 1. Mud Flowing onto Villagers’ Land: Reports were submitted regarding mud entering villagers’ land, a situation that also involved other mining companies operating in the surrounding area. 2. Dust Along Village Roads: Residents raised concerns about dust accumulation along village roads caused by frequent passage of mining vehicles. There are two cases currently being addressed through mediation process, supported by an ongoing survey to identify and confirm the households a!ected. 36 GEO ENERGY | SUSTAINABILITY REPORT 2025
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