Sherritt’s leadership feels strongly that we will be a higher�performing organization if we become more inclusive and more diverse� Over the last two years� we have reviewed and updated policies and procedures� job descriptions� compensation programs and hiring practices � all through a diversity and inclusion lens� We know that these people practices are the foundation of our longer�term strategy and action plan� Understanding that studies have found� time and again� that women in the workforce are paid on average less than their male counterparts across much of the world� we perform an annual internal assessment of our own pay equity situation for Sherritt employees� We were pleased to find that� in alignment with our promise to employees� pay for positions of the same value was equitable between women and men� However� our data continues to show that we have disproportionately fewer women in higher�level positions than men� We continue to focus on understanding the underlying reasons and with our D&I framework in place� we expect to continue to improve our representation of women in senior levels of the organization� To achieve our ���� goal of having a board and an executive team composed of at least ��% women� we are focused on identifying and developing strong female leaders� We are committed to transparently reporting our progress as solutions are implemented and results tracked� “Our compensation structure and organization design principles continue to sustain equitable pay among genders� Our efforts are focused on continuing to identify opportunities to have more diverse representation in leadership across this organization� This includes reviewing our approach to talent recruitment and succession planning� In ����� we introduced diverse recruitment panels to ensure we had diversity in decisions on recruiting talent� and we continue to look for opportunities for individuals to progress their careers as leaders in areas of the business that may be outside of their historical experience�” � Chad Ross� Director� HR and Chair� Global D&I Committee Training women to operate heavy machinery is a unique initiative in the mining sector in Cuba.