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VISTA GOLD'S COMMITMENT TO ENVIRONMENTAL, SOCIAL, AND GOVERNANCE EXCELLENCE

ENVIRONMENTAL STEWARDSHIP

Here is a direct link to the Vista Gold Corporation ESG report for 2024

Vista Gold Corporation demonstrates a profound commitment to environmental stewardship, particularly through its efforts at the Mt Todd Project. Acquiring the brownfield site in 2006, Vista assumed the responsibility of managing a site laden with challenges, notably point sources of acid rock drainage (ARD) abandoned during the 1990s. One of Vista's significant achievements has been the termination of previous practices that led to the discharge of acidic, metalliferous solutions into the Edith River, elevating water quality preservation as a paramount concern. The company has adopted innovative solutions, pioneering the use of micronized limestone as an efficient and cost-effective method to treat large volumes of acidic solutions. This approach has resulted in the treatment of over 11 million cubic meters (equivalent to approximately 4,400 Olympic swimming pools) of water to a final pH of 7.2, effectively removing over 99.9% of the contained metals. In collaboration with the Northern Territory Environmental Protection Authority (EPA), Vista Gold has developed algorithms based on extensive testing to ensure the automated discharge of treated water complies with Northern Territory standards. These standards are essential for protecting the local flora and fauna within the water bodies of the Northern Territory. A policy of transparency further underscores Vista's environmental stewardship. By developing real-time, web-based reporting systems, the company enables the community to monitor performance continuously. Vista Gold takes pride in being a responsible partner with the Northern Territory community, contributing to the protection of vital water resources significant to indigenous owners, local communities, agriculture, and fishermen. Future plans for the Mt Todd mine include constructing a water treatment plant and engineered solutions to eliminate the generation of ARD.

SOCIAL RESPONSIBILITY

Employees at Vista Gold are committed to managing and operating sites in a manner that safeguards human health and safety while protecting the environment. Compliance with applicable health, safety, and environmental laws and regulations is a fundamental policy within the company. Furthermore, each employee is expected to adhere to Vista's policies, programs, standards, and procedures. Oversight of Vista's operations is conducted by the Board of Directors through the Health, Safety, Environment and Social Responsibility Committee, whose charter is available on the company's governance website section. This Committee serves to assist the Board in overseeing the following aspects of the company: - Health, safety, environmental, and community risks. - Performance and leadership in the health, safety, environmental, and social responsibility functions. - Compliance with applicable legal and regulatory requirements. - External reporting concerning health, safety, environmental, and social responsibility matters. - Performance in relation to health, safety, environmental, and social responsibility matters. Such dedicated oversight ensures that Vista Gold maintains its commitment to responsible social governance and community engagement.

GOVERNANCE

Vista Gold's pledge towards good corporate governance is pivotal in promoting long-term shareholder interests, enhancing Board and management accountability, and building public trust in the company. The effectiveness of the Board is rooted in having individuals with diverse skills and experiences that align with Vista's business strategy. Each director brings a unique perspective to foster the best interests of Vista and its stakeholders. The Board is composed of five directors, all of whom, except for the CEO, are independent. The independence of the Board chair and all committee chairs further reinforces the integrity of Vista's governance structure. Vista Gold's governance framework includes a variety of board charters and corporate policies:

• Audit Committee Charter
• Compensation Committee Charter
• Corporate Governance and Nominating Committee Charter
• Health, Safety, Environment and Social Responsibility Committee Charter
• Mandate of the Board of Directors

Alongside these charters, the company upholds several corporate policies, such as:

• Anti-Corruption Policy
• Clawback Policy
• Code of Business Conduct and Ethics
• Disclosure Policy
• Diversity Policy
• Insider Trading Policy
• Majority Voting Policy
• Whistleblower Policy

These policies underline Vista Gold's unwavering commitment to ethical practices, equity, transparency, and corporate accountability. Vista Gold Corporation staunchly upholds its ESG responsibilities, emphasizing environmental stewardship, social responsibility, and robust corporate governance. The company's diligent efforts in these areas reflect its vision for sustainable and responsible mining, earning the trust and respect of its stakeholders and the broader community.