Mission Statement, Vision, & Core Values (2026) of Torex Gold Resources Inc.

Torex Gold Resources Inc. stands at the heart of Mexico's Guerrero Gold Belt, operating the 29,000-hectare Morelos Property and running the Morelos Complex-Media Luna, ELG Underground and ELG Open Pit mines plus a central processing plant-positioning itself as Mexico's largest gold producer with a track record of steady production and strong cash flow; in a milestone year, Torex recorded its first year of production from Media Luna (2025), while pursuing strategic growth and diversification through moves such as the acquisition of Prime Mining's Los Reyes project (Los Reyes acquisition), all underpinned by a mission to "transform finite mineral resources into lasting prosperity" and a firm commitment to ESG-driven responsible mining that aims to deliver enduring value for shareholders, employees and host communities.

Torex Gold Resources Inc. (0VL5.L) - Intro

• Principal asset: Morelos Complex - includes Media Luna, ELG Underground, ELG Open Pit, processing plant and supporting infrastructure on ~29,000 hectares.
• Operational milestone: 2025 marked Torex's first year of production from the Media Luna mine, expanding throughput and ore diversification.
• ESG commitment: systematic integration of environmental, social and governance practices into mine planning, community engagement, and reclamation programs.
• Strategic intent: maintain strong free cash flow from the Morelos Complex while pursuing profitable geographic diversification to enhance portfolio resilience and shareholder value.

• Value drivers: steady production from Morelos, lower-cost underground ounces from ELG Underground, grade uplift and throughput contribution from Media Luna, and disciplined capital allocation to preserve cash flow.
• Financial discipline: focus on maintaining positive operating cash flow and managing AISC (all-in sustaining cost) to protect margins through gold price cycles.

Torex Gold Resources Inc. (0VL5.L) - Overview

• Lasting prosperity: prioritizes multi‑decade value through reserve conversion, sustainable operations and community investments rather than short‑term extraction.
• Positive impact: focuses on employee safety and development, community programs (health, education, local procurement) and minimizing environmental footprint.
• ESG integration: aligns operational targets with environmental stewardship, social license to operate and transparent governance practices.

• Capital allocation favors projects that extend mine life, reduce unit costs and lower environmental intensity.
• Community partnerships and shared‑value programs are designed to produce measurable socio‑economic benefits in Guerrero.
• Health, safety and workforce development are prioritized to protect human capital and sustain productivity.

• Local employment and procurement: significant portion of workforce and suppliers sourced locally to stimulate regional economy.
• Community investment: targeted programs in education, health and infrastructure designed to create multi‑year impact metrics (schools, clinics, water projects).
• Environmental management: progressive tailings and water management, biodiversity programs and progressive reclamation to limit long‑term liabilities.
• Safety and training: continuous improvement in TRIFR (total recordable injury frequency rate) and skills training linked to career progression.

• Board oversight ties sustainability performance and community outcomes to executive incentive frameworks.
• Public reporting includes annual sustainability disclosures and periodic updates to investors on reserve/resource and operational metrics.

Torex Gold Resources Inc. (0VL5.L) - Mission Statement

• Operate safely and efficiently: deliver consistent, low‑cost gold production from existing operations while extending mine life through replacement of reserves.
• Grow through disciplined capital allocation: acquire and develop Americas‑focused projects that complement existing operations and improve portfolio optionality.
• Responsible stewardship: maintain best practices in ESG, community engagement, and environmental management to create shared long‑term benefits.
• Shareholder returns: prioritize free cash flow generation, deleveraging and long‑term returns through reinvestment and capital returns where appropriate.

• Strategic expansion: acquisitions and organic growth that increase exposure to the Americas while leveraging operational expertise.
• Portfolio balance: maintaining a mix of producing assets, near‑term development projects and exploration targets to smooth production profiles and upside.
• Risk mitigation: geographic and stage diversification reduces dependence on any single mine or regulatory environment.

• Capital allocation prioritizes low‑risk, high‑return development and near‑mine exploration to extend and optimize ELG while integrating new assets like Los Reyes.
• Corporate development focuses on complementary Americas assets that expand regional scale and technical synergies.
• Operational programs aim to sustain production, control costs (AISC discipline) and fund exploration for reserve replacement.

Torex Gold Resources Inc. (0VL5.L) - Vision Statement

• Ethical conduct embedded in corporate governance and daily operations.
• Accountability and responsibility at all organizational levels.
• Environmental stewardship and social investment across project life cycles.
• Operational excellence to maintain predictable, low-cost production.

• Code of Business Conduct and Ethics - mandatory for all employees and directors, with reporting channels for breaches.
• Environment, Social and Governance (ESG) frameworks - integrated into capital planning, permitting, and operational decision-making.
• Health & Safety programs - leading indicators and lagging metrics tracked monthly to drive continuous improvement.
• Community agreements and royalties - structured to ensure local benefits, employment, and procurement opportunities.

• Transparency: Regular quarterly and annual reporting, technical disclosures, and community updates.
• Accountability: Board-level oversight of ESG, risk management, and health & safety performance.
• Sustainability: Investment in water management, biodiversity protection, and rehabilitation planning.