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Company Response

14 Feb 2023

Ourominas' response on activities allegedly related to illegal mining in the Amazon

...OMDTVM clarifies that:

1. OM DTVM does not condone illegal mining and violation of the environment, whether in the Amazon or anywhere in Brazil. OM never had any representation/PCO in the State of Roraima. We are in solidarity with the situation of the Yanomami indigenous people;

2. It is important to point out that OM DTVM does not explore ore, it is not prospecting, it only buys and works with financially active gold and negotiates a small part of the gold produced in Brazil, which is extremely supervised by the Central Bank of Brazil (Bacen) and the Securities and Exchance Commission (CVM)...

4. It should also be noted that a study published in the press by Instituto Escolhas (sponsored by IBRAM) is totally generic, inconclusive and partial. And it is already being challenged legally...

5. We emphasize that the due clarifications were and are being given to the Judiciary. So much so that, in a recent decision in September 2022, the Federal Court of Pará rejected a preliminary injunction in an action that accused the company of allegedly illegally purchasing gold.

6. The company follows strict prevention criteria established by the National Monetary Council (CMN), is authorized by the Central Bank (BACEN 27930), accredited by the Securities and Exchange Commission (CVM)...

7. The OM, through the Tax Incentive Laws, allocates part of the taxes to cultural, social, sports and health actions, such as, for example, to the Hospital de Amor (Barretos), the National Program to Support the Health Care of People with Disability (Pronas/PCD), Municipal Fund for the Rights of Children and Adolescents, Municipal Fund for the Elderly, among others;

8. The company favors the creation of systems that offer greater security for the acquisition of gold...

9. The OM also believes that the Federal Government will present proposals to expand the regulation of gold extraction and that favor the entire mineral sector in an economic and social way...

Timeline

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