Executive Compensation

Our long-term corporate strategy is central to all of our business decisions, including decisions respecting executive compensation. We endeavour to provide our shareholders with superior returns while maintaining our company-wide commitment to safe, responsible mining and sustainability excellence. Our compensation programs are designed to attract, motivate and retain diverse, high-calibre executives and align their interests with superior and sustainable performance over the long-term in a manner that is fair and reasonable to our shareholders. The following key principles guide the development of our compensation programs:

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The Board recognizes that executive compensation practices and policies are evolving in Canada as well as globally. It undertakes an annual internal review to ensure our practices and policies are effective in achieving our objectives.

Since 2012, we have provided shareholders with an advisory “Say on Pay” vote regarding our executive compensation program. This vote helps us engage constructively, obtain meaningful feedback and ensure accountability for executive compensation. For more information on executive compensation and the governance role of the Board’s Human Resources and Compensation Committee, please see our Management Information Circular.