Unigold Inc.

2022 ESG Report

Published on April 18, 2023

MISSION

Unigold Inc. is a mineral exploration company focused on the exploration and development of gold and base metal projects in the Dominican Republic. Our principal objective is to create value for all stakeholders through sustainable development and the application of best practices in mining. We are committed to protecting the health and wellbeing of our employees, the environment and the communities where we work.

VISION

To become a recognized mining company in the Dominican Republic focused on responsible and sustainable production through skills transfer, best-in-class operating procedures, open and transparent relations with our local communities and healthy respect for the environments where we operate.

VALUES

1. Excellence – A commitment to focus on a culture of best business practices.
2. Health and Safety - Zero harm to our employees, the environment and communities is our goal.
3. Dignity and Respect – Equal treatment and opportunity for all employees and community groups with transparent processes founded on dignity and respect.
4. Sustainability – Sustainable growth for our business and our communities that is supported by a safe, profitable and socially responsible business while developing long-term resources.
5. Collaboration – Productive, responsive, transparent and ethical working relationships with communities and public agencies for the benefit of all stakeholders.

Disclaimer and Forward Looking Statements

Company Profile

Organizational Profile

Name

Unigold Inc.

Describe nature of activities, brands, products and services

Unigold is a Canadian based mineral
exploration company traded on the TSX
Venture Exchange under the symbol UGD, the
OTCQX exchange under the symbol UGDIF,
and on the Frankfurt Stock Exchange under the
symbol UGB1.

The Company is focused primarily on exploring
and developing its gold assets in the Dominican
Republic. The Candelones oxide gold deposit is
within the 100% owned Neita Fase II
exploration concession located in Dajabón
province, in the northwest part of the
Dominican Republic. The Candelones project
area is about 20 kilometers south of the town
of Restauraćion. The oxide deposit occurs at
surface as a result of the tropical weathering of
underlying mineralization.

Unigold has been active in the Dominican
Republic since 2002 and remains the most
active exploration Company in the
country. The Neita Fase II exploration
concession is the largest single exploration
concession covering volcanic rocks of the
Cretaceous Tireo Formation. This island arc
terrain is host to Volcanogenic Massive
Sulphide deposits, Intermediate and High
Sulphidation Epithermal Systems and Copper-
gold porphyry systems.

Unigold has identified over 20 areas within the
concession area that host surface expressions
of gold systems. Unigold has been
concentrating on the Candelones
mineralization and continues to expand the
deeper sulphide resources with on-going
drilling.

Link to Corporate Website

https://www.unigoldinc.com/

Industry Classification

NAICS:
21222 Gold and silver ore mining

Market Capitalization

$0-$100Million USD

Type of Operations

Exclusively non-producing operations

Company Headquarters

Toronto, Canada

ESG Accountability

Role and Name of highest authority within company for Environment, Social and Governance strategy, programs and performance

Joseph Hamilton, CEO

ESG Reporting Period

Unless otherwise noted, all data contained in this report covers the following period

From

2022-01-01

2022-12-31

Audit Status

Identify the degree to which any inputs of the report are third-party checked

Self-Declared

Financial Reporting Period

Specify the frequency of sustainability reporting

Annually

Whether Financial reporting period aligns with the period for its sustainability reporting

Yes

Specify the contact point for questions about the report or reported information

CEO

Geographic Scope of Report

Unless otherwise noted, the data in this report covers ESG matters related to the following countries of operations

Dominican Republic

Neita Concession

Identify notable exclusions, and reference any existing or planned reports that do or will address these (e.g, assets recently divested or acquired, non-managed joint ventures, specific exploration activities, recently closed sites, etc.)

This report does not contain any notable
exclusions.

Unigold submitted applications in late February
2022 are desgned to divide the Candelones
concession. As of Dec 31, 2022 these
applications were still being considered by the
Dominican Government. The "Neita Sur"
concession consists of 9990 hectares for
exploitation. The "Neita Norte" concession
consists of 11010 hectares for
exploration. This report contains data for both
areas.

Fragile and Conflict-Affected Situations

Identify all of the entity's countries of operations that align with the World Bank's list of "Fragile and Conflict-Affected Situations"

None

Business Operations Scope of Report

This report does not include data from our
leased management offices.

Mineral Resource Types in Scope

Which of the following mineral resource types are covered by this report

• Inferred
• Indicated
• Measured

May 2021 43-101 PEA

Dec 2022 43-101 Feasibility

Mineral Reserve Types in Scope

Which of the following mineral reserve types are covered by this report

• Proven
• Probable

Dec 2022 43-101 Feasibility

Currency

Unless otherwise noted, all financial figures referenced in this report are in the following currency

CAD

Organizational Profile

Provide a list of externally-developed economic, environmental and social charters, principles, or other initiatives to which the organization subscribes, or which it endorses, e.g., GRI, UN Global Compact

Unigold aligns with the following international
guidelines and reporting standards:
IFC-International Finance Corporation
Performance Standards
Equator Principles
CDP - Carbon Disclosure Project
GRI - Global Reporting Initiative
GRI Comprehensive - Global Reporting
Initiative - Comprehensive
GRI Core - Global Reporting Initiative - Lite
GRI MM Supplement - Global Reporting
Initiative - Mining and Metals Supplement
ICMM - The International Council on Mining
and Metals
ISS - ISS ESG Governance Quality Score
ONYEN - Institutional and Investor Questions
PRI - Principles of Responsible Investing - UN
Funded
SASB - Sustainability Accounting Standards
Board
SASB Modified - Sustainability Accounting
Standards Board - Modified
UGC - UN Global Compact

Strategy

Provide a description of key impacts, risks, and opportunities,

For a description of key impacts, risks and
opportunities please see attached document.

Provide a statement from the highest governance body or most senior executive of the organization (i.e., CEO, chair, or equivalent senior position) about the relevance of sustainable development to the organization and its strategy for for contributing to sustainable development. (CEO's message for this report)

Please see attached document.

Policy commitments

Provide a description of the organization’s policy commitments for responsible business conduct

The Company has a zero tolerance for bribery
and corruption. Our policies regarding Anti-
Corruption and Bribery, as well as a Code-of-
Conduct for personnel, are distributed to our
employees and posted on our website.

Taking a stance against corruption, bribery and
fraud is a long-term commitment of the
Company and is one of our sustainability
principles. Our commitment to operate
responsibly applies to all levels of our
organization. As we transition to production,
we will undertake supply chain audits on a
regular basis and we will implement a Supplier
Code of Ethics.

We encourage all of our employees to report
any possible Code of Conduct and/or an Ethics
violations including any suspicions of bribery or
corruption. We have had no reported incidents
during 2021, but any future reported breaches
will be assessed and investigated as
appropriate. By monitoring and tracking cases
we hope to identify trends so that we may
provide additional training, enforce disciplinary
actions or report activities to the appropriate
authorities.

Unigold Code of Conduct Policy

Unigold Foreign Corrupt Practices Policy

Unigold Whistleblower Policy

What are (if any) the authoritative intergovernmental instruments that the commitments reference

Every Unigold employee that's made aware of
corrupt practices taking place within the
organization must contact their immediate
supervisor or communicate this directly to the
DR Country Director

Do the commitments stipulate conducting due diligence

There is no Due Diligence requirement on the
Unigold Private Policies, however, there are
legal requirements to do Due Diligence under
Dominican Republic Money Laundring act.

Do the commitments stipulate applying the Precautionary Principle or Approach

Do the commitments stipulate respecting human rights

Yes

Describe the specific policy commitment to respect human rights

Unigolds People and Community policy
stipulates that we will “Respect the culture and
support and celebrate the diversity of peoples
associated
with our business”.

What are (if any) the internationally recognized human rights that the commitment covers

Unigold does not explicitly define specific
human rights covered by this policy.

What are the categories of stakeholders, including at-risk or vulnerable groups, that the organization gives particular attention to in the commitment

Due to the Neita Concession location, Unigold
has not identified any stakeholders that would
fit the general definitions of "at risk" or has
neither provided any particular attention to
any group in specific. Given this, Unigold treats
all Stakeholders as equals providing the
corresponding attention required by all
stakeholder groups as equals.

Provide links to the policy commitments, if publicly available, or, if the policy commitments are not publicly available, explain the reason for this

https://www.unigoldinc.
com/_resources/governance/Policy-Code-of-
Conduct.pdf?v=0.092

Report the level at which each policy commitment was approved within the organization, including whether this is the most senior level

This policy was approved by the BOD being this
the Senior-Most Governing Unit of Unigold

To what extent the policy commitments apply to the organization’s activities and to its business relationships

According to the Unigold Code of conduct, all
approved policies are applicable for all Unigold
staff and representatives on all levels.

Describe how the policy commitments are communicated to workers, business partners, and other relevant parties

Unigold has established monthly feedback
sessions for Staff where all policies are
communicated.

There is no policy communication for business
partners or other relevant parties.

Embedding policy commitments

Describe how the organization embeds each of its policy commitments for responsible business conduct throughout its activities and business relationships

Unigold holds mandatory personnel meetings
where the HHRR Manager communicates and
delivers all corporate policies going over all
details pertaining the expected conducts within
the organization as well as with all external
parties as established in the policies.

These sessions are held at least twice per year.

How are responsibilities allocated in order to implement the commitments across different levels within the organization

The HHRR department communicates to all
department leaders on the responsibility
vested on their different roles as to policy
compliance from their assigned teams.

Accountability is continuously communicated
as a response to failure to comply with the
Unigold policies.

How are the commitments integrated into organizational strategies, operational policies, and operational procedures

As stated, Unigold holds mandatory meetings
where the policies are communicated.

It is expected for all department leaders to take
these policies into consideration when planning
or executing their work related tasks.

How does the organization implement its commitments with and through its business relationships

Contractors are given feedback sessions where
behaviour and conduct expectancy from their
teams are communicated.

What implementation training does the organization provide

Given that for this specific reporting year no
exploration activities were completed due to
permitting processes, no training was provided
on this terms.

However, Unigold expects to correctly assess
training needs and coordinate implementation
as suited.

Supply Chain

Estimated Total number of Business Entities in its downstream

Estimated End-Use customers

Types of activities related to the organization’s products and services carried out by the downstream entities (e.g., manufacturing, wholesale, retail);

Unigold, as an exploration company, does not
currently produce sellable products , hence
does not have any downstream relationships

The nature of its business relationships with the downstream entities

Unigold, as an exploration company, does not
currently produce sellable products , hence
does not have any downstream relationships

Report other relevant business relationships

During this reporting year most of Unigold's
business relationships pertain to Third Party
Independent contractors that provide
consultation on an external basis.

Describe significant changes in the information reported about business activities, value chain and other business relationships compared to the previous reporting period

No significant changes occurred on business
activities compared to the previous reporting
period.

Material Topics

Governance of Material Topics

Describe the process followed to determine the organization's material topics, including:

i. How has the organization identified actual and potential, negative and positive impacts on the economy, environment, and people, including impacts on their human rights, across its activities and business relationships; provide details

Civil society organizations

ii. How has the organization prioritized the impacts for reporting based on their significance

No prioritization has been conducted as
baseline studies and identification of actual and
potential positive and negative impacts are on-
going in 2022. A full ESIA is expected to be
delivered in 2023.

Specify the stakeholders and experts whose views have informed the process of determining its material topics and provide details

• Business partners
• Civil society organizations
• Employees and other workers
• Governments
• Local communities
• Non-governmental organizations
• Shareholders and other capital providers

Material Topics will be identified in the ESIA
that is currently underway to support a
production decision at the Company's
project. These will be developed in conjunction
with management, government agencies and
local communities.

List the organization's material topics

Other, please specify

We are still in the process of identifying
material topics through our Environmental-
Social Impact Assessment. Unigold will report
the material topics derived from this exercise in
2023. In 2022, baseline environmental studies
were substantially completed and a
stakeholder engagement map has been
produced. No material topics were uncovered
in this preliminary work. The Company expects
that material topics will be identified during the
compilation of the ESIA and the Community
Consultation process.

List the organization's non-material topics

Other, please specify

Unigold will commence the process of
conducting its Enviromental-social impact
assessment when the Terms of Reference are
approved by the Dominican Government. This
approval has been delayed until the
Government determines the outcome of the
Exploitation Concession applications. The
company expects to be able to report material
topics resulting from this exercise in 2023.

Report changes to the list of material topics compared to the previous reporting period

Environment

General Disclosure

Compliance with laws and regulations

Report the total number of significant instances of non-compliance with laws and regulations during the reporting period, and a breakdown of this total by:

Number of instances for which fines were incurred

Number of instances for which non-monetary sanctions were incurred

Report the total number of fines for instances of non-compliance with laws and regulations that were paid during the reporting period

Report the monetary value of fines for instances of noncompliance with laws and regulations that were paid during the reporting period ($Million)

Total number of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period

Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period ($Million)

Total number of fines for instances of non-compliance with laws and regulations that occurred in previous reporting periods

Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in previous reporting periods

Describe the significant instances of non-compliance

Unigold is in compliance with all environmental
laws and/or regulations applicable to its
projects.
Compliance reports are submitted to the
authorities, with the correspondent evidences.
In addition, representatives from the
environmental and mining agencies perform
inspections to follow up the compliance of the
requirements for Unigold's activities.

Greenhouse Gas Emissions

Scope 1

For your operations, disclose the gross global Scope1 greenhouse gas (GHG) emissions to the atmosphere of the seven GHGs covered under the Kyoto Protocol (tonne CO₂-e)

Carbon dioxide (CO₂) (tonne CO₂-e)

230.097

Methane (CH₄) (tonne CO₂-e)

0.000

Nitrous oxide (N₂O) (tonne CO₂-e)

0.000

Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e)

0.000

Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e)

0.000

Sulphur hexafluoride (SF₆) (tonne CO₂-e)

0.000

Nitrogen trifluoride (NF₃) (tonne CO₂-e)

0.000

Perfluoromethane (CF₄) (tonne CO₂-e)

0.000

Perfluoroethane (C₂F₆) (tonne CO₂-e)

0.000

Perfluorobutane (C₄F₁₀) (tonne CO₂-e)

0.000

Perfluorohexane (C₆F₁₄) (tonne CO₂-e)

0.000

The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne)

230.097

The percentage of its gross global Scope 1 GHG emissions that are covered under an emissions-limiting regulation or program that is intended to directly limit or reduce emissions, such as cap-and-trade schemes, carbon tax/fee systems, and other emissions control (e.g., command-and-control approach) and permit-based mechanisms

0.0000%

Currently all initiatives for emissions
reduction in the Dominican Republic are
voluntary. Unigold will consider implementing
GHG reduction technologies during design
work for future operations.

The entity shall discuss its long-term and short-term strategy or plan to manage its Scope 1 greenhouse gas (GHG) emissions

Gasoline and diesel usage is primarily for
transportation and drilling. No alternative
sources are readily available for
replacement. As future operations are
engineered and designed, the Company will
work to incorporate alternative energy sources
into our power requirements.

Carbon Offset

Credits

How much CO₂ (metric tonnes) offset credits were purchased?

0.000

Air Emissions

Report emissions of air pollutants that are released into the atmosphere

Emissions of carbon monoxide, reported as CO (tonne)

0.000

The Company does not conduct any mining,
smelting or refining operations. Any emissions
are related to exploration phase work and are
ancillary to utilizing diesel, gasoline and LPG in
our operations. The amounts of these
substances utilized is relatively low during the
exploration phase. These emissions will be
calculated during an operations phase.

Emissions of oxides of nitrogen (NOx), reported as NOx (tonne)

0.000

Emissions of oxides of sulphur (SOx), reported as SOx (tonne)

0.000

Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne)

0.000

Emissions of lead and lead compounds, reported as Pb (tonne)

0.000

The Company does not conduct any mining,
smelting or refining operations. Any emissions
are related to exploration phase work and are
ancillary to utilizing diesel, gasoline and LPG in
our operations. these substances are, to the
Company's knowledge, lead -free.

Emissions of mercury and mercury compounds, reported as Hg (tonne)

0.000

The Company does not conduct any mining,
smelting or refining operations. Any emissions
are related to exploration phase work and are
ancillary to utilizing diesel, gasoline and LPG in
our operations. these substances are, to the
Company's knowledge, mercury-free.

Emissions of non-methane Volatile Organic Compounds (VOCs) (tonne)

0.000

The Company does not conduct any mining,
smelting or refining operations. Any emissions
are related to exploration phase work and are
ancillary to utilizing diesel, gasoline and LPG in
our operations. these substances are, to the
Company's knowledge, VOC -free.

Energy Management

Total energy consumed in aggregate, in gigajoules (GJ) (hydrocarbons and electricity) including the fuel types used (e.g., biomass, hydro-electric power or bioenergy)

106.000

Diesel.

Percentage energy consumed that was supplied by grid electricity

0.0000%

Percentage of energy consumed that is renewable energy

0.0000%

Water

Efficiency

Proportion of water reused and recycled by the site to reduce the overall consumptive water demand

166.6667%

Water Management

Disclose the amount of water that was withdrawn from freshwater sources (in thousands of cubic meters)

0.180

Disclose the freshwater withdrawn in locations with High or Extremely High Baseline Water Stress as a percentage of the total water withdrawn

0.0000%

Disclose freshwater consumed in locations with High or Extremely High Baseline Water Stress as a percentage of the total water consumed

Does Not Apply

Disclose the amount of water that was consumed in its operations (in thousands of cubic meters)

0.000

Unigold has no operations or manufacturing
that consume water. Activities are limited to
drilling and exploration work where all water is
discharged back to the environment.

Total water consumed in locations with high or extremely high baseline water stress (in thousands of cubic meters)

0.000

Was your organization subject to any fines, enforcement orders, and/or other penalties for water-related regulatory violations

Total number of instances of non-compliance, including violations of a technology-based standard and exceedances of quality-based standards

Waste Management

Innovation

Spending on Research, Development, and Technologies for waste management compliance and improvement

Describe nature of spending on Research, Development and Technologies for waste management compliance and improvement

At this exploration stage, investment in waste
management research and development is not
a material issue. Efforts are focused on
recycling and reduction.

Biodiversity

Management Plan

List the environmental and biodiversity management plan(s) implemented at active sites

During exploration activities all sites are
subject to continuous and immediate
reclamation.
An agreement was achieved with the
environmental Agency, Mimarena, in order to
build a tree nursery at Unigold's camp site, with
the aim to create a new forest at the Dajabon
province, restoring part of the basin of river
Neita. In addition workshops and training will
be managed at the surrounding communities to
develop abilities for the forest firefighters.

In addition, the Company expects to have a
reforestation agreement with the local
government and will develop a tree nursery
program at its exploration camp.

As part of the agreement, the Company will be
hosting, managing and preserving a small
forest area in collaboration with the Ministry
of the Environment.

1.1 Mine lifecycle stages to which the plan(s) apply

• Pre-bid (when the entity is considering
acquisition of a site)
• Exploration and appraisal

1.2 The topics addressed by the plan(s)

• Ecological and biodiversity impacts
• Discharges to water

1.3 The underlying references for its plan(s), including whether they are codes, guidelines, standards, or regulations; whether they were developed by the entity, an industry organization, a third-party organization (e.g., a non-governmental organization, a governmental agency, or some combination of these groups)

Unigold's current operations follow it's
environmental management plan, which is in
concordance with local laws, environmental
best practices, as well as the applicable
environmental components from the IFC
guidelines, as well as the Equator principles,
Global Reporting Initiatives, amongst others.

Dominican Environmental Law

GRI Biodiversity Standard

Equator Principles Guided Notes for
Biodiversity

Impacts

Does access to the site involve traversing a protected area

Do any of the entities concessions share a watershed with a protected area

Provide context and description of site access involving traversing protected areas, and/or watersheds shared with a protected area. Include reference to measures in place to assure access, any proactive programs to support the biodiversity of the protected area, and any formal complaints or compliance issues and related steps to resolve

The Neita Project is located in the Dajabon
Province on the western-side of the country. It
is a 5-hour drive through Carretera Duarte
(Hwy 1) and the Loma de Cabrera to
Restauracion Highway (Hwy45). from Santo
Domingo.
All access to site is through public, paved roads.
Neither the project or the access to it,
transverses a protected area.

Percentage of proved reserves in sites with protected conservation status or in areas of endangered species habitat

Does Not Apply

Percentage of probable reserves in sites with protected conservation status or in areas of endangered species habitat

Does Not Apply

Percentage of inferred, indicated and/or measured resources in sites with protected conservation status or in areas of endangered species habitat

0.0000%

Social

Scale of the Organization

Describe how the organisation defines its "Operation"

The Neita Sur and Neita Norte concessions are
located in the province of Dajabón, in the
northwest region of the Dominican Republic.
Both concessions border the Republic of Haiti
to the west, defined by the Rio Libón. Unigold
owns 100% of both mineral concessions.

The Candelones Project, comprised of the
Candelones Main, Candelones Connector and
Candelones Extensions deposits, which
currently hosts all known mineral resources of
the prior Neita Fase II Concession, and is
located entirely within the Neita Sur
concession.

On February 25, 2022, Unigold submitted
applications to the DGM for the Neita Norte
exploration concession (11,100.11 ha) and the
Neita Sur exploitation concession (9,990.50
ha). The application guarantees Unigold’s
exclusive claim to both concessions throughout
the government review process.

Currently, the project's operation consist of
camp and equipment's maintenance, social
support and cooperation with the communities
and authorities.
The elaboration of the environmental baseline
is underway as well, with the aim of preparing
the bases for what will be the EIAS.

Report the total number of operations

Employment

Scale of the Organization

Report the total number of direct employees worldwide (exclude contractors)

For the purpose of this report we are including
our Board of Directors as part of our employee
pool. Please note that as a member of the Board
our CEO is counted as both a Board member
and Senior Management Executive.

Report the total number of male direct employees worldwide (exclude contractors)

Report the total number of female direct employees worldwide (exclude contractors)

Report the total number of contract employees worldwide

For the purpose of this report, contract
employees are defined as independent
individuals that work solely for UNIGOLD.

Total number of female employees and contractors worldwide

Female employees and contractors as percentage of total employees and contractors

25.0000%

Total number of male employees and contractors worldwide

Male employees and contractors as percentage of total employees and contractors

75.0000%

Non-binary employees and contractors as percentage of total employees and contractors

0.0000%

Total number of employees and contractors with gender not disclosed

Employees and contractors with gender not disclosed as percentage of total employees and contractors

0.0000%

Employee Information

Report the total number of direct employees by employment type (permanent and temporary), by gender

Total number of permanent employees

Total number of permanent employees - female

Total number of permanent employees - male

Total number of permanent employees - Non-binary

Total number of permanent employees - Gender not disclosed

Total number of temporary employees

Unigold had 83 temporary employees in this
reporting period.

Total number of temporary employees - female

Total number of temporary employees - male

Total number of temporary employees - Non-binary

Total number of temporary employees - Gender not disclosed

Report the total number of non-guaranteed hours employees by gender

Total number of non-guaranteed hours employees - female

Total number of non-guaranteed hours employees - male

Total number of non-guaranteed hours employees - Non-binary

Report the total number of employees by employment type (full-time and part-time), by gender

Report the total number of full-time employees

Report the total number of part-time employees

Total number of full-time employees - female

Total number of part-time employees - female

Total number of full-time employees - male

Total number of part-time employees - male

Total number of full-time employees - Non-binary

Total number of part-time employees - Non-binary

Total number of full-time employees - Gender not disclosed

Total number of part-time employees - Gender not disclosed

Describe the methodologies and assumptions used to compile the data

Use of the employee payroll, which is managed
digitally, by the company's human resources
area.

Are the numbers reported in head count, full-time equivalent (FTE), or using another methodology

The reported numbers are head count.

Are the numbers reported at the end of the reporting period, as an average across the reporting period, or using another methodology

The reported numbers correspond to the end of
the reporting period, since that number has not
changed during the last 6 months of the year.

Provide contextual information necessary to understand the employment information provided

Due to the size of the employee payroll, the
data corresponding to the number and type of
employees is easily manageable.
The company manages all this information
through the system in an organized manner;
each employee has its own employment file. It
is managed both ways, hard and digital copies.

Describe significant fluctuations, if any, in the number of employees during the reporting period and between reporting periods

The period began with approximately double
the payroll, however, due to administrative
reasons and force majeure, a mid-year
restructuring took place.

Workers who are not employees

Report the total number of workers who are not employees and whose work is controlled by the organization

Describe the most common types of worker and their contractual relationship with the organization

The most common type of workers are
technicians and helpers.
Each one of them held a legal contract with the
company, which describes their rights and
duties, their work schedules, as well as the
position title.
Each one of them also has a job profile that
describes the regular tasks they will perform in
that position.

The type of work they perform

Currently, since the exploration operations
keep on hold, the works performed to date
consist of camp and equipment's maintenance,
improvements at the working areas,
reinforcement of the safety culture,
environmental monitoring, among others.

Report the total number of contractors by employment type (permanent and temporary), by gender

Total number of permanent contractors

Total number of permanent contractors - female

Total number of permanent contractors - male

Total number of permanent contractors - Non-binary

Total number of permanent contractors - Gender not disclosed

Total number of temporary contractors

Total number of temporary contractors - female

Total number of temporary contractors - male

Total number of temporary contractors - Non-binary

Total number of temporary contractors - Gender not disclosed

Report the total number of contractors by employment type (full-time and part-time), by gender

Total number of full-time contractors - female

Total number of part-time contractors - female

Total number of full-time contractors - male

Total number of part-time contractors - male

Total number of full-time contractors - Non-binary

Total number of part-time contractors - Non-binary

Total number of full-time contractors - Gender not disclosed

Total number of part-time contractors - Gender not disclosed

Describe the methodologies and assumptions used to compile the information about workers who are not employees.

Unigold does not have workers who are not
employees.

Is the number of workers who are not employees reported in head count, full-time equivalent (FTE), or using another methodology

Is the number of workers who are not employees reported at the end of the reporting period, as an average across the reporting period, or using another methodology

Describe significant fluctuations, if any, in the number of workers who are not employees during the reporting period and between reporting periods

Turnover

Report the total number and rate of employee turnover during the reporting period, by age group, and gender

All Employees

Total number of turnover (the number that left during the period)

The nature of exploration programs is
transitory and based on programs designed to
meet specific objectives. In 2021 Unigold went
through a number of scheduled shutdowns and
subsequent layoffs of personnel. Employees
were recalled based on skills, seniority and
budgeted future work programs. This resulted
in fluctuating staffing levels throughout the
time period.

Rate of turnover

66.6667%

Female employees

Male employees

Non-binary employees

Turnover & Age Breakdown

Employees aged 30 years old and under

Employees aged between 30 and 50 years old

Employees over 50 years old

Identify types of employees captured in the turnover rate calculations

All employees on the payroll

Given the nature of the exploration
operations, work programs are frequently
paused and restarted with a change in work
crews and responsibilities. Employee numbers
vary throughout the year based on the nature
of the work programs and the budgets
allocated to exploration. Employee numbers
are given as at year-end. Employee numbers
can fluctuate throughout the year based on
work programs.

Diversity and Equal Opportunity

Report the percentage of employees per employee category in each of the following diversity categories

Board of Directors

Total Board of Directors

Percent Male

100.0000%

Percent Female

0.0000%

Percent Non-Binary

0.0000%

Percent under 30 years of age

0.0000%

Percent between 30 and 50 years of age

0.0000%

Percent over 50 years of age

100.0000%

Senior Management

Total Senior Managers

Percent Male

66.6667%

Percent Female

33.3333%

Percent Non-Binary

0.0000%

Percent under 30 years of age

0.0000%

Percent between 30 and 50 years of age

50.0000%

Percent over 50 years of age

50.0000%

Salaried (excluding Senior Management)

Total Salaried (excluding Senior Management)

Percent Male

76.1905%

Percent Female

23.8095%

Percent Non-Binary

0.0000%

Percent under 30 years of age

16.6667%

Percent between 30 and 50 years of age

52.3810%

Percent over 50 years of age

23.8095%

Technical Employees (skilled hourly)

Total Technical Employees

Percent Male

Does Not Apply

Percent Female

Does Not Apply

Percent Non-Binary

Does Not Apply

Percent under 30 years of age

Does Not Apply

Percent between 30 and 50 years of age

Does Not Apply

Percent over 50 years of age

Does Not Apply

Production Employees (unskilled hourly)

Total Production Employees

Percent Male

Does Not Apply

Percent Female

Does Not Apply

Percent Non-Binary

Does Not Apply

Percent under 30 years of age

Does Not Apply

Percent between 30 and 50 years of age

Does Not Apply

Percent over 50 years of age

Does Not Apply

Contractors:

Total Contractors

Percent Male

Does Not Apply

Percent Female

Does Not Apply

Percent Non-Binary

Does Not Apply

Percent under 30 years of age

Does Not Apply

Percent between 30 and 50 years of age

Does Not Apply

Percent over 50 years of age

Does Not Apply

Labour Relations

Collective Bargaining Agreements

Percentage of total direct employees covered by collective bargaining agreements

0.0000%

For employees not covered by collective bargaining agreements, report whether the organization determines their working conditions and terms of employment based on collective bargaining agreements that cover its other employees or based on collective bargaining agreements from other organizations

The organization is not subject to collective
bargaining agreements.
The working conditions are determined by the
Dominican laws and the work contracts, which
follows all applicable Dominican Laws.

Notice Periods

Minimum number of weeks’ notice typically provided to employees and their representatives prior to the implementation of significant operational changes that could substantially affect them

4 weeks.

Labor law in the Dominican Republic does not
require a minimum number of weeks notice.
Unigold policy in the Dominican Republic
provides employees a 4 -week notice period.

Occupational Health and Safety

Work-related Injuries

Injuries - For all employees

i. Number of fatalities as a result of work-related injury

i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked

0.000

ii. Number of high-consequence work-related injuries (excluding fatalities)

ii. Rate of high-consequence work-related injuries (excluding fatalities)

0.000

iii. Number of recordable work-related injuries

iii. Rate of recordable work-related injuries

4.097

iv. Main types of work-related injury, e.g., confined space, trips, falls, etc.

In this reporting period, the company had three
recordable work-related injuries resulting from
falls, bruises and skin burns.

v. Number of hours worked

146,436

Lost Time Injuries (LTIs)

Lost Time Injuries Rate (LTIR)

1.366

Injuries - workers who are not employees but whose work and/or workplace is controlled by the organization

i. Number of fatalities as a result of work-related injury

i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours

0.000

ii. Number of high-consequence work-related injuries (excluding fatalities)

ii. Rate of high-consequence work-related injuries (excluding fatalities)

0.000

iii. Number of recordable work-related injuries

iii. Rate of recordable work-related injuries

0.000

iv. Main types of work-related injury, e.g., confined space, trips, falls, etc.

In this reporting period, the company did not
have any recordable work-related injuries to
workers who are not employees but whose
work and/or workplace is controlled by the
organization.

v. Number of hours worked

Lost Time Injuries (LTIs)

Lost Time Injuries Rate (LTIR)

0.000

Combined (Employees and non-employees, but controlled by the organization):

Total Hours Worked

146,436

Total number of all work-related injuries

Rate of work-related injuries

4.097

Total Lost Time Injuries (LTIs)

Lost Time Injuries Rate (LTIR)

1.366

Report the work-related hazards that pose a risk of high-consequence injury, including

i. How have these hazards been determined

Unigold has identified the following work-
related hazards as posing a risk of high
consequence injury: moving equipment and
machinery, driving on public roads. The Unigold
Management Team pursued an audit with an
external consulting firm that identified,
reviewed and provided suggestions about
operations, personnel and systems to ensure
the company operates within compliance and
to ensure a safety and productive operations.

ii. Which of these hazards have caused or contributed to high-consequence injuries during the reporting period

Unigold did not experience any high-
consequence injuries in this reporting period.

iii. Actions taken or underway to eliminate these hazards and minimize risks using the hierarchy of controls

Unigold implements routine safety training and
daily safety briefings prior to commencing
work. The use of PPE is required in all work
areas that have the potential for high-
consequence injuries.

Report on actions taken or underway to eliminate other work-related hazards and minimize risks using the hierarchy of controls

• Employee training and procedure reviews
are completed on a regular basis.
• Site evaluations based on the hierarchy of
controls are performed prior to conducting
work programs. We use a 5-point safety
system to identify and correct potential
problems before work begins.
• Daily vehicle checks are conducted.
Accident investigation processes are carried
out for every incident regardless of potential
risk.
• Additionally, a yearly external safety audit
is performed to identify gaps and potential
improvement.

Whether and, if so, why any workers have been excluded from this disclosure, including the types of worker excluded, e.g., short-term contractors

No workers have been excluded from this
disclosure.

Disclose any contextual information necessary to understand how the data have been compiled, i.e., any standards, methodologies, and assumptions used

All accidents are reported when they occur.
Unigold is in the process of implementing a
reporting system based on one-million man
worked hours.

Safety Training

Disclose the average number of training hours provided to its workforce for health, safety, and emergency management training

Average hours of health, safety, and emergency response training for (a) full-time/direct employees

2.05

Average hours of health, safety, and emergency response training for (b) contract employees

Security, Human Rights and Rights of Indigenous People

Identify the countries of operations within the World Bank's list of “Fragile and Conflict-Affected Situations”

None

Describe the nature of any social risks, for all operating countries, that could have a material risk to operations

The Company operates within 5 km of the
border with Haiti, a country that has been listed
on the World Bank list for most of the last
decade. Unigold monitors the socio-political
situation in Haiti to identify any potential risks
that could have an impact on the Neita project.
To date the proximity to the border has not ben
an issue for Unigold's operations.

Percentage of proved reserves that are located in or near areas of active conflict

0.0000%

The total amount of proved reserves

65,000

Percentage of probable reserves that are located in or near areas of active conflict

0.0000%

The total amount of probable reserves

56,000

Percentage of inferred, indicated and measured resources that are located in or near areas of active conflict

0.0000%

Total amount of inferred, indicated and/or measured resources

2,250,000

Percentage of proved reserves that are located in or near areas that are considered to be indigenous peoples’ land

0.0000%

The total amount of proved reserves

65,000

Percentage of probable reserves that are located in or near areas that are considered to be indigenous peoples’ land

0.0000%

The total amount of probable reserves

56,000

Percentage of inferred, indicated and measured resources that are located in or near areas that are considered to be indigenous peoples’ land

0.0000%

Total amount of inferred, indicated and measured resources

2,250,000

Describe due diligence practices and procedures with respect to indigenous rights of communities in which it operates or intends to operate

Unigold does not operate in areas located in or
near indigenous peoples' land.

Discuss practices and list procedures while operating in areas of conflict

Unigold does not operate in areas of conflict.

Community Relations

Artisanal and Small-Scale Mining

Number of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site (not controlled by company/unauthorized)

Percentage of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site

Does Not Apply

Report the associated risks and the actions taken to manage and mitigate these risks

The Company is not aware of any active
artisanal mining within its work areas.

Programs

Report on community relations programs, objectives and achievements in the past 3 years

For a description of our community relations
programs, objectives and achievements please
refer to the attached document.

Community Programs, Objectives and Achievements

Discuss the processes, procedures, and practices to manage risks and opportunities associated with the rights and interests of communities in areas where it conducts business

The Company maintains open and transparent
communications with the communities in which
it operates. A full-time Community Relations
team maintains constant engagement with all
levels of government, community institutions,
private service providers, and public
organizations.

We have annual community programs (school
donations at the start of the school year,
holiday support for religious institutions and
congregations, seasonal support for sports
teams and leagues) as well as ad-hoc initiatives
that are approved on a priority or “as-needed”
basis. The Company gives priority to tasks or
programs that benefit the community at large
rather than specific enterprises or individual
interests. To date during the exploration phase,
the annual expenditure on community
programs has been a flexible budget item and
has increased as a result of COVID19 impacts.

As the company moves to production, a more
rigorous decision process will be implemented
with the ability to assess larger scale projects in
the community.

Risks and Opportunities

Disclose the total number of site shutdowns or project delays due to non-technical factors

Disclose the total aggregate duration (in days) of site shutdowns or project delays due to non-technical factors

Governance

Climate Change

Oversight

Is there board-level oversight of climate-related issues within your organization

Not currently but we plan to do so within the
next two years

Responsibility

Provide the highest management-level position(s) or committee(s) with responsibility for climate-related issues

Chief Executive Officer (CEO)

Nature of primary responsibility

All

Reporting

Frequency of reporting to the board on climate-related issues

Quarterly

Incentives

Do you provide incentives for the management of climate-related issues, including the attainment of targets

No, not currently but we plan to introduce
them in the next two years

Risk and Opportunity Management

Does your organization have a process for identifying, assessing, and responding to climate-related risks and opportunities

No - important but not an immediate business
priority

Risk Assessments

Have you identified any inherent climate-related risks with the potential to have a substantive financial or strategic impact on your business

No - risks exist, but none with potential to have
a substantive financial or strategic impact on
business

Opportunity Assessments

Have you identified any climate-related opportunities with the potential to have a substantive financial or strategic impact on your business

Strategy

Have climate-related risks and opportunities influenced your organization’s strategy and/or financial planning

Water Management

Quality and Quantity Dependency

Rate the importance (current and future) of freshwater quality and quantity to the success of your business

Direct use importance rating

Vital

Indirect use importance rating

Important

Rate the importance (current and future) of sufficient quantity of recycled, brackish and/or produced water for the success of your business

Direct use importance rating

Not very important

Indirect use importance rating

Not very important

Risk Assessments

Does your organization undertake a water-related risk assessment

Other, please specify

A water related risk-assessment will be
conducted as part of ESIA and feasibility work
in 2022.

Select the options that best describe your procedures for identifying and assessing water-related risks

i. Coverage

Partial

ii. Risk Assessment Procedure

Water risks are assessed in an environmental
risk assessment

iii. Frequency of Risk Assessment

Annually

iv. How far into the future are risks considered

3 to 6 years

Have you identified any inherent water-related risks with the potential to have a substantive financial or strategic impact on operations

Currently Unigold uses limited water supplies
to support drilling activities and sufficient
water is available in the area. The company will
evaluate and rate the importance of freshwater
supply to its operations as part of its feasibility
study in 2022.

Opportunity Assessments

Have you identified any water-related opportunities with the potential to have a substantive financial or strategic impact on your business

Responsibility

Provide the highest management-level position(s) or committee(s) with responsibility for water-related issues

Chief Operating Officer (COO)

Policy

Does your organization have a documented water policy

Reporting

Frequency of reporting to the board on water-related issues

As important matters arise

Incentives

Do you provide incentives to C-suite employees or board members for the management of water-related issues

No, and we do not plan to introduce them in the
next two years

Strategy

Are water-related issues integrated into any aspects of your long-term strategic business plan

No, water-related issues not yet reviewed, but
there are plans to do so in the next two years

General Disclosure

Governance structure and composition

Describe its governance structure, including committees of the highest governance body; e.g., the Board of Directors, the Executives, the Board Environment Committee, Board Safety Committee, the Advisory Committee, etc.

The Board has the following committees:
Audit Committee
Compensation Committee
Corporate Governance and Nominating
Committee
CSR Committee
Special Committee
Technical Committee

Please refer to the links below for more
information on our Board of Directors and the
mandates of each committee listed above.

Unigold Board of Directors

Unigold Committee Mandates

List the committees of the highest governance body that are responsible for decisionmaking on and overseeing the management of the organization’s impacts on the economy, environment, and people; e.g., the Board of Directors, the Executives, the Board Environment Committee, Board Safety Committee, the Advisory Committee, etc

The Board has formed a CSR committee which
supervises the CEO in the implementation of
CSR programs. The CEO has day-to-day
responsibility for CSR programs.

CSR Committee Mandate

Delegation of responsibility for managing impacts

Describe whether the highest governance body has appointed any senior executives with responsibility for the management of organization’s impacts on the economy, environment, and people e.g., is it part of the Governance structure of the company, the CFO or internal audit reporting to the Board

Describe whether the highest governance body has delegated responsibility for the management of impacts to other employees;

Unigold employs community relation
managers that report directly to the COO.

Consultation Process

Report the processes for consultations between stakeholders and the highest governance body on economic, environmental and social topics, e.g., for most mining companies it would be the executives and operations and not the Board, and if delegated, explain how

To date, consultations have been conducted by
country-level managers in both formal and
informal settings. These managers report
directly to senior managers and CEO.

Governance structure and composition

Describe the composition of the highest governance body and its committees by

Number of executive members

Number of non-executive members

Number of independent members

Less than 3 years of tenure of members on the governance body

3-6 years of tenure of members on the governance body

6-9 years of tenure of members on the governance body

More than 10 years of tenure of members on the governance body

Number of other significant positions and commitments held by each member, and the nature of the commitments

Mr. Joseph Hamilton is the only director of the
Corporation who is also a member of
management. Messrs. Acero, , Page, Arata,
Haggarty and Tremblay are independent
directors of the Corporation for the purpose of
National Instrument 58-101 – Corporate
Governance Practices.

The following directors of the Corporation are
also directors of the following other reporting
issuers:

1. Charles Page. Osisko Gold Royalties Ltd. and
Osisko Development Corp..
2. Joseph Del Campo. Centurion Minerals Ltd.,
PJX Resources Inc., and Terreno Resources Inc.

Number of Male governance body members

Number of Female governance body members

Number of members from under-represented social groups

Description of competencies relating to economic, environmental, and social topics

All Board members have many years of national
and international experience in mining,
development and business.

For further information please review the link
below.

Unigold Board of Directors

Description of stakeholder representation

Stakeholder representation strategies will be
developed and finalized in 2023 as part of a
comprehensive ESIA, which will be circulated
for public comment prior to ratification.

Board Diversity

Do you have a diversity policy and if so, provide details, link to the policy or attach the file

Yes - please follow the link below

Unigold has included diversity and inclusion
guidelines in its Code of Ethics (please see
attached). To date the Board has no defined
diversity policy. The Company is reviewing all
policies and procedures in 2022, including
diversity, in preparation for transitioning to
producer status.

Unigold Diversity Policy

Chair of the highest governance body

Is the chair of the highest governance body is also a senior executive in the organization

Mr. Hamilton is the Chairman of the Board of
Directors and also is the CEO of the
Corporation. Mr. page, an independent
Director, is the Lead Director and a such leads
all Governance related discussions.

Conflicts of Interest

Describe the processes for the highest governance body to ensure that conflicts of interest are prevented and mitigated

Conflicts of interest among Board members or
senior executives are currently disclosed on a
voluntary basis. Only those conflicts which are
disclosed can be reported.

Non-disclosure by executives results in
immediate termination "with cause".

Report whether conflicts of interest are disclosed to stakeholders, including, as a minimum, conflicts of interest relating to

Yes

Cross-board membership

Yes

Cross-shareholding with suppliers and other stakeholders

Yes

Existence of controlling shareholder

Yes

Related parties, their relationships, transactions, and outstanding balances

Yes

Collective knowledge of highest governance body

Report measures taken to advance the collective knowledge, skills, and experience of the highest governance body on sustainable development., e.g., board training

Board members are expected to keep up-to-
date on evolving best-practices in the mining
social governance area.

Evaluation of Highest Governance Body

Describe actions taken in response to the evaluations, including changes to the composition of the highest governance body and organizational practices

No external evaluations have been completed.

Transparency

Describe the role of the highest governance body and of senior executives in developing, approving, and updating the organization’s purpose, value or mission statements, strategies, policies, and goals related to sustainable development

Unigold senior executives are tasked with
reviewing, drafting and updating all policies and
procedures.

These policies and procedures are submitted to
the Board for review, and where appropriate or
required, are modified, approved and ratified
by the Board of Directors.

Describe the role of the highest governance body in overseeing the organization’s due diligence and other processes to identify and manage the organization’s impacts on the economy, environment, and people

ESG issues are reviewed by the CSR Committee
of the Board. Management reports ESG issues
on a quarterly basis.

CSR Committee Mandate

Auditing Committee Mandate

Describe whether and how the highest governance body engages with stakeholders to support these processes

Yes

ESG issues are addressed on site and if relevant
are reported to the Board in quarterly
meetings.

Describe how the highest governance body considers the outcomes of these processes

Outcomes are discussed by the ESG Committee
and presented to the Board for evaluation and
strategy definition when needed.

Ethics

Describe the management system and due diligence procedures for assessing and managing corruption and bribery risks internally and associated with business partners in its value chain

Purchasing and procurement is currently
sourced through a small number of trusted
suppliers. As operations grow, the company
will implement a purchase order system,
supplier audits and supply chain policies.

Report net production from activities located in the countries with the 20 lowest rankings in Transparency International’s Corruption Perception Index (CPI) (Saleable tonne)

Anti-Corruption

Communication and Training

i) Total number of governance body members that have received training on anti-corruption, broken down by region

In 2023, Unigold will implement an anti-
corruption training program for critical
employees.

ii.) Total percentage of governance body members that have received training on anti-corruption, broken down by region

0.0000%

Total number and percentage of employees that have received training on anti-corruption, broken down by employee category and region

General Disclosure

Remuneration

Describe how the remuneration policies for members of the highest governance body and senior executives relate to their objectives and performance in relation to the management of the organization’s impacts on the economy, environment, and people

ESG performance is considered during annual
personnel and remuneration reviews for senior
executives and senior country personnel.

How the views of stakeholders (including shareholders) regarding remuneration are sought and taken into consideration

The Board has a Compensation Committee that
reviews compensation annually.

Unigold's Compensation Committee members
are tasked with preparing, reviewing and
approving any report relating to compensation
required pursuant to applicable securities law,
rules, regulations and stock exchange
requirements and report regularly on its
activities to the Board.

Board Compensation Committee Mandate

Stakeholder Engagement

Report the purpose of the stakeholder engagement

Currently Unigold is executing a participative
and informative stakeholder engagement
strategy.

Unigold Comunity Relations personnel
have implemented a weekly visit schedule to
the different communities that conform the
Restauracion Municipality in order to
effectively communicate with leading
stakeholders on Unigold's operations. These
efforts have closed the year with the opening of
an Information Office in Restauracion where all
individuals can approach and get feedback on
all activities and the proposed Oxide
Exploitation Project.

In conjuntction with these informative efforts
Unigold has built a greenhouse and initiated
calls for public participation of stakeholders
within the Restauracion municipality in order
to have the different communities and
stakeholders join in on the greenhouse
operations as well as the forthcoming
reforestation efforts for the Municipality.

Tax

Describe the approach to stakeholder engagement and management of stakeholder concerns related to tax, including:

i. The approach to engagement with tax authorities

Unigold conducts annual audits through
independent third-parties and uses outside
consultants to prepare tax returns in all
operating jurisdictions.

ii. The approach to public policy advocacy on tax

Unigold does not engage in public policy
advocacy on tax issues.

iii. The processes for collecting and considering the views and concerns of stakeholders, including external stakeholders

At this stage in our operations tax issues and
advocacy are not material issues.



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