Throughout all our business activities, we strive to cultivate positive relationships with Indigenous groups and local communities, rooted in respectful consultation, engagement and transparent grievance management. We contribute to community well-being and economic development through local and Indigenous employment, procurement, and strategic community investment. Additional detail on how we manage this area of our business is available on our website.
In 2025, to better align with MAC TSM, we updated our Sustainability and Environmental policies, which guide our Indigenous and community consultation and engagement. The updates included adding specific reference to respecting Indigenous People’s rights within our Environmental Policy. We also began reviewing and updating our Stakeholder and Indigenous Engagement Plans for both sites, to meet Level A TSM requirements. This work will continue into the coming year. More information about MAC TSM can be found in the Responsible Mining Standards section of this report.
Annual Performance Summary
In 2025, we strengthened our engagement with communities and Indigenous groups across our operations, increasing both the frequency of interactions and the depth of dialogue on topics of mutual interest and concern.1 We did not experience any non-technical delays related to community concerns during the reporting period.
Community Engagement
At Eagle River, we conducted 191 community engagements, including engagements with Indigenous groups. In 2025, these engagements focused on project updates, environmental performance and stewardship, exploration, permitting, and community investment. Eagle River meets regularly with Indigenous groups to discuss upcoming and ongoing business opportunities.
At Kiena, we conducted 130 community engagements, including engagements with Indigenous groups. The Kiena Community Monitoring Committee, established in 2020, continued to meet quarterly and three public town hall meetings were held for the residents living in close proximity to the mine. Operational updates and specific areas of interest, such as tailings management, were discussed at these meetings.
1 Engagements include planning workshops, agreement negotiations, community visits and events, site tours, and meetings.
56% of Wesdome’s
total procurement for 2025 was spent locally.†
† For Eagle River, local is defined as the geographical triangle between and including, the Ontario cities of Thunder Bay, Sault Ste. Marie and Timmins. For Kiena, the local area is the Abitibi-Témiscamingue region of Québec.
Consultation and Agreements with Indigenous Groups
Our operations, activities, and mineral reserves are all located in areas that are subject to Indigenous and treaty rights.2 Wesdome’s approach to Indigenous engagement and consultation is guided by the principle of seeking to obtain the consent of directly affected Indigenous groups for activities that may impact their rights, in alignment with MAC TSM requirements. Our engagement with Indigenous groups on exploration, permitting, and major projects is designed to provide them with timely and comprehensive information, support their capacity to participate in decision-making, and seek their agreement before proceeding with activities that may affect their interests.
In 2025, we continued to negotiate Impact Benefit Agreements (IBAs) with two Indigenous groups at Eagle River and three Indigenous groups at Kiena. At Eagle River, we also have an Memorandum of Understanding and a Contracting Agreement in place with Netmizaaggamig Nishnaabeg, an exploration-related agreement signed with Batchewana First Nation, and a General Relationship Agreement in place with the Métis Nation of Ontario.
As part of ongoing consultation and engagement with Indigenous groups, we seek to understand their interests and any concerns they may have about our operations. Indigenous groups have identified cumulative environmental effects, and land use and land access (including for traditional practices) as their most important topics. Ongoing engagement has revealed several other topics of interest including water use and water quality, business employment opportunities, community investment, and climate change risk management.
The acquisition of Angus Gold in 2025 expanded the Company’s land package in Ontario and throughout the acquisition process, we provided updates directly to affected Indigenous groups. The continued integration of Angus will be discussed with Indigenous groups in the coming year.
In 2025, we delivered Indigenous cultural training at both our mine sites increase awareness and understanding around Indigenous history, interests and worldviews. We plan to deliver similar training to our Corporate Office in 2026.
At Kiena, training was developed in collaboration with a local university and focused on the history of Indigenous Peoples in Canada, with localized content relevant to Kiena’s context. Training was delivered to the entire workforce at Kiena, including all members of the mine’s leadership team.
At Eagle River, we conducted an Indigenous reconciliation workshop with the site’s leadership team in 2025. We additionally delivered context-specific Indigenous cultural training for our supply chain team, which works with local Indigenous businesses. Indigenous cultural training for Eagle River’s broader workforce is in development for 2026.
2 Specifically, 100% of our proved and probable reserves are in or near Indigenous land.
Company Wide Grievances
Eagle River & Kiena
ZERO†
† Information as of December 31, 2025
Grievance Management
At Eagle River and Kiena, members of the public can provide feedback or raise any concerns they may have about our operations or activities. Feedback can be received via phone, mail or email, and where input is received that warrants response or remedy from the Company, our site-specific Grievance Mechanisms outline the processes that must be followed. For more details on how we manage grievances, see our website.
To enhance our grievance management standards company-wide, in 2025 we began developing a Wesdome Grievance Management Standard, which outlines the required components of site-based grievance mechanisms and promotes alignment across the organization.
We did not receive any grievances at Eagle River or Kiena in 2025. Promotion and effective communication of feedback channels for community members, local residents and Indigenous groups will be a priority focus in coming years to ensure that if and where concerns exist, we are made aware of them in a timely manner and issues are resolved as needed.
Community Investment
Our approach to community investment seeks to build long-term, mutually beneficial relationships that support local community development (further details are available on our website). Community investments include donations for community-based clubs, sports teams and other organizations as well as larger, longer-term strategic partnership investments that may include multi-year commitments.
At Eagle River, we formalized our approach by developing a Social Investment Program in 2025 and establishing a Donation Committee consisting of 10 employees who meet monthly to review funding requests.
We also created guidelines for assessing different types of requests and launched an online request portal. We publicized our Donation and Sponsorship Program in nearby communities. In addition, we developed a scholarships and bursaries program, and plan to provide all winners of our post-secondary scholarships with the opportunity to work as summer students at the mine.
At Kiena, we began developing a community investment framework in collaboration with the Kiena Community Monitoring Committee, and we launched an online request portal. In 2025, our community investment activities included donations focused on education, health, and culture.
Donations and Investments
Eagle River
$206,897†
Kiena
$180,803†
† Information as of December 31, 2025
Indigenous and Local Procurement
Indigenous and Local Procurement We prioritize local and Indigenous procurement wherever possible with the goal of contributing to local economic development. In 2025, we continued to hold ongoing monthly meetings with local Indigenous groups to provide updates on upcoming procurement opportunities.
In 2025, we purchased $45 million in goods and services from Indigenous-partnered suppliers across both operations. At Eagle River, 54% of procurement expenditures were local, while 37% of expenditures were made within Ontario, with contracts awarded to Indigenous businesses of over $17 million. Local procurement represented 58% of total procurement expenditures at Kiena, while an additional 36% was spent within the province of Québec. Contracts with Indigenous-partnered businesses at Kiena totalled $27 million. We provide further details on our procurement expenditures under Our Supply Chain.
Performance
Indicators:
SASB: EM-MM-210a.2, EM-MM-210a.3, EM-MM-210b.1, EM-MM-210b.2
GRI: 3-3, 204-1 (partial)
