1.4. Independent audit of the mineral supply chain

The Company regularly undergoes independent industry verifications and assessments to ensure compliance with the OECD Guidance, enhance the System’s efficiency, increase stakeholder confidence in Nornickel’s supply chain, and assure its transparency.

In the first quarter of 2024, entities at the Polar Division’s Norilsk and Kola sites The entities are the Group’s internal mineral suppliers. were assessed by an independent auditor for compliance with the RMI JDDS standard as well as the OECD Guidance. The assessment primarily covered aspects such as environmental protection, social impact, occupational health and safety as well as transparency in the responsible supply chain, including the origin and transit of minerals. The audit confirmed that the entities comply with the applicable standards. As of the end of 2024, most of the corrective actions under the plan were completed.

Reporting to the London Metal Exchange

Every year, Nornickel submits Red Flag Assessment reports to the LME to confirm its compliance with the LME’s responsible sourcing requirements. In the second quarter of 2024, the Company provided such reports for five LME‑listed Nornickel metal brands, all of which were accepted by the LME.