Chelopech Mining EAD, which owns and operates a gold, copper and silver mine located east of Sofi a, Bulgaria; 100% of Dundee Precious Metals Kapan CJSC (Kapan), formerly Deno Gold Mining Company CJSC, which owns and operates a gold, copper, zinc and silver mine located in the town of Kapan in southern Armenia, southeast of the capital city of Yerevan; 100% of Dundee Precious Metals Krumovgrad EAD (Krumovgrad), formerly Balkan Mineral and Mining EAD, focused on the development of a gold property located in southeastern Bulgaria, near the town of Krumovgrad; 100% of Dundee Precious Metals Tsumeb (Proprietary) Limited (Tsumeb), formerly Namibia Custom Smelters (Proprietary) Limited, which owns and operates a custom complex concentrate smelter located in Tsumeb, Namibia; 53.1% of Avala Resources Ltd. (Avala), a TSX Venture Exchange (TSXV) listed company (TSXV: AVZ) focused on the exploration and development of the Timok project in Serbia; and 45.5% of Dunav Resources Ltd. (Dunav), a TSXV listed company (TSXV: DNV) focused on the exploration and development of the Tulare copper and gold project and other early stage projects in Serbia. Both Avala and Dunav are focused on early-stage exploration and pre-development projects in Serbia, and the sustainability reporting systems are not yet fully developed to allow reporting on all the material aspects detailed below.