Galiano Gold : 2024 Sustainability Report

GAU.TO

Published on 05/11/2025 at 22:50

2024

SUSTAINABILITY REPORT

AGM Protected Species List 78

Forward Looking Information 80

Glossary of Terms 82

Contact Information 84

APPENDIX

Waste Management 60 Tailings Management 60 Waste Rock 61

Industrial and Domestic Waste 62

Waste Materials 64

Materials Used 65

Land Management 66

Land Use and Rehabilitation 68

Biodiversity 68

Protected Areas and Forest Reserves 69

Land Clearing and Biodiversity 70

Protected Species 70

Environmental Compliance 71

Noise, Vibration and Dust 72 Water Management 74

Water Consumption 75

Water Discharge and Quality 75

Energy And Emissions 76 Energy Consumption 76 GHG Emissions 77

ENVIRONMENT

INSIDE THIS REPORT

About Galiano Gold 4

2024 Sustainability

Performance Snapshot 5 Message from Our CEO 6

About This Report 10

Material Topics 11

2024 Sustainability

Achievements 12

2025 Sustainability Goals 14

OVERVIEW

Sustainability Strategy 18

Integration of International Standards 20

Ethical Conduct 21

Enterprise-Wide Risk Management 22

GOVERNANCE

Human Rights 24

Human Rights Due Diligence 25

Security 26

Resettlement 27

Grievance Mechanisms 28 Stakeholder Engagement 30

Our People 31

Our Workforce 32

Labour Relations 35

Local Employment 35

Diversity & Equal Opportunity 35

Training & Development 36 Employee Concerns and Complaint Mechanism 38

Health & Safety 38

Occupational Health & Safety Management System 39 Incident Management 40 Safety Committees 41 Health & Safety Training 42 Safety Performance 43 Occupational Illnesses 44 Promotion Of Worker and Community Health 46 Emergency Preparedness and Response 47

Contributing to Community 47 Community Relations 48 Community Grievance Mechanisms 50

Economic Contributions 51 Direct Economic Value Generated 52

Community Investment 53

The Asanko Opportunity Cycle 53

Asanko Social Responsibility

Fund 53

Asanko Women in Mining 54

Local Procurement 55

Responsible Supply Chain 56

SOCIAL

2 OVERVIEW

ABOUT GALIANO GOLD

2024 SUSTAINABILITY PERFORMANCE SNAPSHOT MESSAGE FROM OUR CEO

ABOUT THIS REPORT MATERIAL TOPICS

2024 SUSTAINABILITY ACHIEVEMENTS

2025 SUSTAINABILITY GOALS

Galiano Gold | 2024 Sustainability Report 3

ABOUT GALIANO

To create a sustainable business capable of long-term value creation for our stakeholders.

Provide a safe, healthy working environment for all employees

Develop organizational capabilities to achieve business and growth objectives

Use all assets responsibly, competitively, and efficiently

Foster cooperation with all stakeholders to achieve shared goals, emphasizing environmental stewardship and local community engagement

Pursue accretive merger and acquisition opportunities

Galiano Gold Inc. ("Galiano" or the "Company") is a publicly traded gold mining company based in Vancouver, British Columbia, Canada. The Company is focused on sustainable business practices and creating long-term value for stakeholders.

Galiano owns and operates the Asanko Gold Mine (AGM) in Ghana's Ashanti Region. This large-scale mining complex consists of multiple deposits.

From 2018 until early 2024, the AGM operated as a joint venture with Gold Fields Limited. On March 4, 2024, Galiano acquired Gold Fields' 45% stake in the AGM. This acquisition consolidated ownership and positioned Galiano as a growing gold producer with strong financial fundamentals, operating one of West Africa's largest gold mines.

4 OVERVIEW

HEALTH AND SAFETY

0.15

Lost Time Injury Frequency Rate (LTIFR)

Mental Health Programlaunched

Quarterly Health, Safety & Environment audits conducted for AGM and major businesspartner companies

Visible Felt Leadership and High Incidence Reporting integrated into contractor performance management

Malaria incidence ratereduced by 14% to

28.56 per 1,000

employees.

GOVERNANCE

Independent Tailings Review Panel (ITRP) key recommendationsimplemented

Effectiveness audit completed on AGM's community investment programs

Human Rights Impact Assessment (HRIA) audit completed

SOCIAL

99.8%

AGM Ghanaian workforce

0

formal workplace grievances

$183.9M

in-country procurement spend

360

Ghanaian businesses supported

>$2.7M

available in the Asanko Development Fund to support local projects

2,500

community members included in free health screening campaigns

Esaase Social Responsibility Fund operationalized

ENVIRONMENT

0

significant environmental incidents

94.1%

recycled water used in the process plant

57.54ha

of land under active rehabilitation

18%

of AGM's electrical energy needs met by renewable

sources (solar)

95%

MINCOM certification score for environmental audit

Galiano Gold | 2024 Sustainability Report 5

Disclaimer

Galiano Gold Inc. published this content on May 12, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 12, 2025 at 02:49 UTC.