IMDEX SUSTAINABILITY 2021 - Final

SUSTAINABILITY
REPORT
2021
DRILLING ROCK REAL-TIME
OPTIMISATION KNOWLEDGE DATA AND
PRODUCTS SENSORS ANALYTICS
IMDEX™ Sustainability Report 2021
IMDEX™ IS A
LEADING
MINING-TECH
COMPANY
We believe mining is essential to all aspects of
modern life.
Our opportunity is to change the minerals
drilling industry forever.
WHY WE DELIVER
A strong core business that outperforms industry growth
Astrong⁄nancialplatformwithqualityrevenueand
increasing EBITDA margins
Establishedglobalpresenceandclientnetwork
MarketleadingtechnologieswithuniquedefendableIP
AcommitmenttotargetedR&Dtomaintaintechnical
leadership
End-to-endsolutionsthatareapplicableacrossthemining
valuechain
Expansion within the mining production phase, which is a

largermarketandlesssubjecttocyclicalimpact
Theabilitytomakeacquisitionstocomplementexisting
product offering
Experiencedleadershipteamandworld-classgeoscience
capabilities
Alowcarbonfootprintandopportunitiestoenhancethe
sustainabilityofoperationsforclients
3
ABOUT THIS REPORT
ThisSustainabilityReport,approvedforreleasebyIMDEXLimitedms(IMDEXortheCompany)ESGCommmittee,covers
the201⁄nancialyear(FY21)from1July20to30June201.ItisIMDEXms⁄rstSustainabilityReportandformspart
oftheCompanymsannualcorporatereportingsuite.
IMDEXmsSustainabilityReportoutlinestheCompanymskeyESGfocusareas,materialtopicsandcontributionsto
sustainabledevelopment.ItcoversallIMDEXsubsidiaries,whichcanbefoundintheFY21AnnualReport.
ThisReporthasbeenpreparedinaccordancewiththeGlobalReportingInitiativeStandardsCoreoption.Formore
informationabouttheStandards,pleaseseewww.globalreporting.org.TheReportalsoreferencesrelevantSustainabili
AccountingStandardsBoard(SASB)standardsandUnitedNationsSustainabilityGoals.
ThecurrencyusedthroughoutthisreportisAustralianDollars,unlessotherwisestated.
Forfurtherinformationaboutoursustainabilityapproach,ortoprovidefeedbackaboutthisreport,pleaseconta
IMDEXInvestorRelationsOf⁄cer,KymClements.
Email: K ym.clements@imdexlimited.com
Mobile: +6145872
FORWARD LOOKING STATEMENTS

Thisreportmaycontainforwardlookingstatements.
Furtherinformationcanbefoundonpage76ofthisreport.
ANNUAL REPORT
Furtherdetailsregardingouroperationsandperformanceforthe201⁄nancialyear(FY21)
canbefoundinourFY21AnnualReport.
A digital version of our FY21 Annual Report is available on our website at

https://www.imdexlimited.com/investors/annual-reports
IMDEX’s focus on its people and its
broad approach to their wellbeing,
was particularly evident this year.
ANTHONY WOOLES, IMDEX CHAIRMAN
TABLE OF CONTENTS
LEADERSHIP OUR SUSTAINABILITY
SUPPORT 09 PRIORITIES 25
Non-ExecutiveDirector,Sally-AnneLayman
09 Approach
25
CEOMessage,PaulHouse 1 FocusAreas
26
HowWeGovernSustainability
29
OurStakeholders
30
ABOUT IMDEX 15
MaterialTopicsandMeasuringOurSuccess
3
ENVIRONMENT 35
ALeadingMining-TechCompany
15
SupplyChain
21
QualityRevenueModel
23 OperationalEmissions
35
ClimateResilience
36
LandDisturbanceAndRehabilitation
40
WaterandEf¥uents
41
CaseStudies
42
KeyStatistics
4
SOCIETY 45 PEOPLE 54
LocalEngagement
45 Health,SafetyandWellbeing 54
ThoughtLeadership&ExternalMemberships
46 DiversityandInclusion
57
ValuesandCulture
60
GOVERNANCE 49
KeyStatistics
63
FY21 HIGHLIGHTS 66
CorporateGovernance&RiskManagement
49
HumanRightsandModernSlavery
51
DataSecurity
52 OperationalHighlights
6
KeyStatistics
53 FinancialHighlights
69
APPENDIX 70
GRIandSASBIndex 70
LEADERSHIP SUPPORT
A MESSAGE FROM
NON-EXECUTIVE
DIRECTOR
Dearshareholders,
COMMITTED TO ENHANCING OUR ESG-

RELATED DISCLOSURE
OnbehalfoftheIMDEXBoardofDirectors(theBoard)Imm
proudtopresenttheCompanyms⁄rstSustainabilityReport.
TheReportcoversIMDEXmsglobaloperationsforthe201
⁄nancialyear(FY21).
OurBoardandExecutiveLeadershipCommittee(XCo)
recognisetheimportanceoftakingpositiveactionIMDEX’S SUSTAINABILITY
tobuilding JOURNEY
amoresustainable,resilientfutureandarecommittedto
Inordertoevaluateandenhanceitsreportinginfuture
enhancingIMDEXmsESG-relateddisclosure.Ouraimisto
years,IMDEXmsESGCommitteeundertookamateriality
ensureallstakeholderscanmakeinformedassessments
assessmentandidenti⁄edmaterialtopicswithintheGlo
regardingIMDEXmsprogresstowardsthisbasedonboth
ReportingInitiativeandSASBframeworks.
⁄nancialandnon-⁄nancialmetrics.
DuringFY22theESGCommitteewillfocusonestablishing
Asafoundationyear,theESGCommitteeandXCo
relevantsustainabilitytargetsandimplementingproc
establishedIMDEXmsSustainabilityPolicyandkeyfocus
andsystemstocollateaccurateandquantitativedatato
areas.Thesefocusareasinclude:
reportoninFY23.
• Supportingeconomicdevelopment;
Atthesametime,theCommitteewillserveasaforumto
• Drivingthesustainabilityoftheglobalminerals industry;
develop andimplementinitiativesthatfosteraninclus
• Ensuringasafeandinclusiveglobalworkplace;and workingenvironment,engageandsupporttheglobal
communitiesitoperateswithinandenhancetheCompanyms
• Upholdingethicalandsustainablebusinesspractices.
sustainablebusinesspractices.
ItispleasingtoreportIMDEXmadesigni⁄cantprogressin
Ithasalsobeenverypleasingtowitnessthelevelof
eachofthesefourareasduringFY21.SupportedbyIMDEXms
commitmentandwillingnessoftheXCoandemployees
strong⁄nancialperformanceduringachallengingyear,some
acrossallregionstobeinvolvedinIMDEXmssustainabil
examplesincludeongoingproductdevelopment,enhanced
journey.Itisclearlynotonlyanimportantcorporate
safetyengagement,newpeopleandcultureinitiatives
obligation,butitalsohasrealsigni⁄canceformany
anditsdisciplinedapproachtocomplianceandcorporate
employeesandalignswiththeirpersonalvalues.Forme
governance.
thisalsoholdtrue.Iamlookingforwardtothenextphaseof
progressinFY22.
Sally-Anne Laymen
IMDEX NON-EXECUTIVE DIRECTOR
9
A MESSAGE FROM
THE CEO
Dearshareholders,
OUR OBLIGATION AS A MINING-TECH

COMPANY
Thereisawell-knownexpressionthatstates,quitesimply,
thatallweconsumeiseitherfarmedormined.Inthe
agriculturalindustry,thatexpressionunderpinsthebeliefthat
farmingisatrulynobleprofession.Extendingthatprinciple
totheminingindustryisquitetheleap.However,Ifeel
deeplythatitshouldbeexplored.Mypersonalbelief,which
underpinsallthatIinvestinprofessionally,isthatwemust
beresponsiblemembersofourcommunity.
OUR CORPORATE VALUES SPEAK TO
ESG-RELATED VALUES
Today,ourcommunityisincreasingitsdemandforall
industriestoacceptagreaterburdenofresponsibility for conductedabrandandvaluesexercisewith
Werecently
itsengagementintheenvironmentandcommunityboth.ouremployees.Morethan50peoplefromourglobal
Andrightlyso.Greatopportunitiesexistforustoimprove
operationsweresurveyedandsome30participatedin
ourqualityoflife,bothnowandintothefuture,throughthe
workshopsoverasix-monthperiod.
developmentofproductsandservicesthathaveamore
Theresultwasasetoffourvaluesthatcamefromour
positiveimpact,oralessnegativeimpact,dependingonyour
teams.TheytolduswhytheychoseIMDEXandwhatvalues
view.Theleversthatenablethatprogressionarefoundin
theyholddearaspartofourworkingenvironment.These
successfullyextractingcriticalmetalsfromtheearth.
valuesareglobalthinking,innovation,customerfocusan
Assuch,theresponsibilitywehavetoprosecutemining teamwork.Everysingleoneofthesevaluesspeaktocore
activitiesinasafeandethicalmanner,hasneverbeenhigher.
ESG-relatedvalues:
IMDEXisuniquelypositionedtoplayaleadingroleinthis
• GlobalGameChangers:Globalthinkingandtheability
futurevisionofasustainablecommunity.AsaMining-Tech
wehavetobothbepresentgloballytosupportour
company,ouropportunityandindeedourobligation,istoclientsandknowthatwehavearesponsibilitytothe
leveragethestrengthofourR&Dcapabilities,ourgeoscience
communitiesbeyondthebordersinwhichweliveor
expertiseandourglobalteams,tosolvekeyminingindustry
work.
challenges.Ultimately,ourgoalisnotsimplytomakea
• ForeverCurious:Innovationandourrelentlesspursui
bettermine,itistomakeallminingbetter.
to⁄ndelegantsolutionstosolveclientchallengesand
This,Ithink,isawonderfulframeforpeopletochoose inturncommunitychallenges,suchasaccesstobatte
IMDEXasawaytounlockvalueforclientsandourglobal metalsthatsupportthedrivetowardsdecarbonisati
communities.Tobeabletodrawaconnectionbetween
• GoBeyond:Customersatisfaction,acknowledging
what we do day-to-day, why we do it and the wide-reaching
thatweareresponsibletopeopleoutsideofourown
impact it has downstream in our communities, is pretty
workforce.Howcanwehelpthemachievetheir
powerful.
primarybusinessandESGgoals,bydeliveringleading
technologiesandoperatinginasafe,ethicaland
collaborativeway.
11
• Together We Thrive: Teamwork, recognising that we

can only do this by working together, combining our
collective knowledge to deliver on our ambitions and
share in that success.
strong economic outcomes. In order to be truly sustainable,
organisation or industry.
communities we interact with.
with additional energy being consumed in the crushing
is consumed in crushing and grinding in the mining circuit

alone.
industry customers.
12
ADAPTING AND INVESTING IN COVID- JUST THE BEGINNING OF OUR

RELATED SUPPORT SUSTAINABILITY JOURNEY
FY21wasobviouslyachallengingyearforeveryone.The Inclosing,Iamextremelyproudoftheachievementswe
needtobeagileandrecognisenotjustthechallengesfacing
havemade,whichhaveledtotheproductionofourinaugural
ourteamsintheworkplace,butequallythechallengestheySustainabilityReport.Thewillingnessandthecommitmen
facedwhentheywenthome,wascritical.Ofcourse,this ofourteamstonotjustlookaftereachotherduringan
needwasampli⁄edwhenhomeoftenbecametheplaceof extremelychallengingyear,buttofurtherourcorporate
workandaclassroomformanyofouremployees. sustainabilityobjectivesandembedtheminourbusines
makethemacorepartofwhatwedo,hasbeenexemplary.
EveryregioninwhichweoperateexperiencedCOVIData
differentleveloradifferentspeed.Theneedtomaintain Thesetransformationsaretypicallyajourneyandasan
ahighlevelofengagement,whichwedidthroughour initialstep,Iamproudofwhathasbeenachievedinashort
EmployeeAssistanceProgramandourPeerSupport periodoftime.
Program,waspositivelyacknowledgedbyourteams.
Whatdidthislooklikeintermsofoutcomes?Many
businessesfoundthattheirHSEperformancedeteriorated
inFY21asaresultoftheburdenofCOVIDintheworkplace.
Pleasingly,thehighlevelofengagementatIMDEXsaw
ourkeysafetystatisticsimprove,withLostTimeInjury
Paul House
FrequencyRatereducingby53%. IMDEX CEO
OurviewisthattheimpactsofCOVIDwillbewithus
forsomeyearstocome.Assuch,wecannotbecome
complacentinanyway.Thefatiguethatmanypeople
experienceinworkingfromhomeorworkingunder
restrictionsimposedintheirlocaljurisdictions,continuesto
beafactorthatweareverymindfulof.
13
ABOUT IMDEX
A LEADING MINING-TECH COMPANY

IMDEX is a leading global Mining-Tech company that enables drilling contractors and resource
companies to find, mine and define orebodies with precision and at speed.
Ourproductofferingincludesabroadrangeofdrillingoptimisationproducts,rockknowledgesensorsandr
analytics.Thisproductofferingiscommodityagnosticandcanbeappliedacrosstheminingvaluechain.
Wehavetwomarketleadingbrands,AMCandREFLEX.IncreasinglyweareworkingwithclientstoprovideintegratedIMDEX
solutionsthatunlockreal-valueandprovidecriticalinsights.
OUR PRODUCT OFFERING

• Drilling Fluids
Our Drilling Optimisation suite
• Solids Removal Units
Drilling of products enhance drilling
productivity while improving • Remote Fluid Testing
Optimisation SALES AND
ledge safety and the impact on the
Technologies
RENTAL
ledge
ledge
ors Products environment • Rig Alignment Technologies
REVENUE
ors
ors • Drilling Productivity Technologies
• Downhole Survey Sensors

Our best-in-class sensors
• Core Orientation Sensors
Rock 1.33 collect critical data on the four
• Gamma Logging Sensors
Knowledge 1.33
1.33 elements of rock knowledge – RENTAL
Sensors location, grade, mineralogy and • Structural Orientation Sensors REVENU E
texture • In-Field Sampling and Analysis
G PROCESSING • Cloud-based Data Collection and

NG
G PROCESSING Our cloud platform and market Validation Platform (IMDEX™HUB-IQ™)
G
NG
NG
PROCESSING
Real-time leading geoscience analytical
........ • Advanced Reporting Software
Data and ........... software enrich data and enable (IMDEX™ Mobile™) SaaS
........
Analytics real-time decisions to be made • Geoscience analytics software REVENUE
further upstream (ioGAS™)
• Interpretive mineralogy software
(aiSIRIS™)
• Geological data modelling and real-
time 3D visualisation (MinePortal
software)
OUR
Drilling 1.33
Rock
INTEGRATED Optimisation Knowledge
SOLUTIONS Products Sensors
........
.
Real-time Data
and Analytics
Applicable across mining value chain
EXPLORATION RESOURCE PRE-FEASIBILITY FRAGMENTATION MINING STOCK PILING PROCESSING

DELINEATION AND BLENDING
..
UNDERGROUND
OPPORTUNITY TO GAIN IN SITU ROCK KNOWLEDGE 15

ROCK KNOWLEDGE AND QUALITY DATA
MANY $BN MINING Rock knowledge is an

INVESTMENT DECISIONS understanding of location, We enable the timely delivery
texture, grade and of quality data, giving clarity
ARE MADE HAVING mineralogy. on the nature of the rock to
SAMPLED ONLY 1% allow real-time decisions to
It answers the questions be made, rather than having
OF 1% OF THE OREBODY. where to drill next and to wait weeks or months.
how processing can be
optimised.
Every mine in the world makes decisions on the four

components of rock knowledge - location, texture,
grade and mineralogy. Our technology stack currently
addresses three of these components and aiSIRIS
satisfies the fourth - mineralogy.
PAUL HOUSE, IMDEX CEO
16
THE FOUR COMPONENTS OF ROCK KNOWLEDGE
LOCATION
IMDEX™HUB-IQ™ connected survey tools
mean geologists can see where their holes
are anywhere and anytime, rather than relying
on paper based flows.
TEXTURE MINERALS
IMDEX’s Structural-IQ solution AusSpec’s aiSIRIS SaaS product
combines multiple sensors provides a real-time mineralogy
to allow geologists to see the solution to IMDEX’s rock
position of their structures in 3D knowledge offering. It replaces
as they log in the core farm. This a workflow reliant on laboratory
replaces workflow where data and expert interpretation that is
gathering and interpretation were asynchronous to data collection.
separated by weeks or months.
GRADE
IMDEX’s In-field GeoAnalysis solution enables
geoscientists to obtain quality assay data at the rig or
core farm rather than waiting for laboratory results.
IMDEX™ HUB-IQ™ A
Timely information
for critical decision
making
QUALITY DATA REPRESENTIVITY TIME SAVINGS

• Industry leading sensors • Cost effective methods • Actionable information
allowing data to be in real-time
• QA/QC at point of data
collected for every metre
collection • Driller operable
drilled
instrumentation
• Digital workflows remove risk
• Repeatable - not reliant on third-party
of human error
sensor-based service providers
• AI and machine learning data (IoG)
• More efficient digital
remove human subjectivity
workflows
17
OUR ESTABLISHED GLOBAL BUSINESS

Our global presence is unrivalled. This presence provides a compelling opportunity to embed real
value for clients and maximise revenue and earnings for IMDEX.
DuringFY21wesupportedclientsinmorethan10countries.Wehave2IMDEXfacilities,togetherwithwarehousesand
calibrationcentresinkeyminingregionsoftheworld.OurHeadOf⁄ceislocatedinBalcatta,WesternAustralia.Noma
changesweremadetoouroperationsorfacilities.
IMDEX Facilities
(Excluding
distributors)
Exploration &
Mining Projects
18
OUR CLIENTS AND BUSINESS PARTNERS

Our long-standing client base includes large drilling contractors and tier-1 resource companies within
the global minerals industry.
Wearecreatingacollaborativeecosystem,wherewepartnerwithallclientstooptimiseorebodies.
80%
OPERATING SALES IN
100+
IN ALL KEY
MINING OF OUR TOP 100
REGIONS OF COUNTRIES CLIENTS HAVE
THE WORLD BEEN WITH IMDEX
FOR >5 YEARS
19
SUPPLY CHAIN
At IMDEX we manage a complex global supply chain for our product range. We purchase raw
materials and components and deliver finished products and business support through supply chains
in Asia-Pacific, North America, South America, Europe and Africa.
Oursupplychaincoversthefollowingcriticalareastoensurecontinuedsuccess:
• Suppliersofrawmaterialsandtechnicalcomponentryforrockknowledgesensors
• Manufacturingofdrillingoptimisation¥uidsandrockknowledgesensors
• FastturnaroundprototypingforengineeringandR&D
• Distributionandlogisticsensuringrapidresponsetothechangingneedsofourclients
• Globalservicecentrestosupportclients.
Morethan90%ofourpurchaseswerewithlocalsuppliers(suppliersthatoperatewithincountryIMDEXoperateswithin).N
signi⁄cantchangesweremadetoouroperationsorsupplychain.
DuringFY21therewasadditionalCOVID-relatedpressureonoursupplychain,notablylongerdeliverytimesandincreas
freightcharges.Fortunately,theresilienceofoursupplychainallowedustoadjustsourcingvolumes,location
ensureourclientswerenotmateriallyimpacted.
21
The strength of IMDEX’s underlying
business enabled the Company to
leverage buoyant market conditions and
perform strongly.
ANTHONY WOOLES, IMDEX CHAIRMAN
QUALITY REVENUE MODEL

SENSORS & SOFTWARE PRODUCTION EXPOSURE
% %
10 10
20 20 27 27
44 44
57 57
34 34
90 90
80 80
56 56
43 43 39 39
FY17 FY17 FY21 FY21 FY17 FY17 FY21 FY21 FY17 FY17
SALES EXPLORATION & DEVELOPMENT (PRINCIPALLY NEAR MINE)
RENTAL AND SAAS MINING PRODUCTION
• Increasing revenue from sensors • Increasing revenue from mining

and software – higher margins production phase – a larger
and quality recurring revenue addressable market and less-cyclical
AMERICAS BROAD COMMODITY EXPOSURE

% %
10 10 7 7
20 20 27 27 25 25 8 8
15 15
35 35
34 34 31 31 30 30
80 80
50 50
44 44 45 45
39 39
FY21 FY21 FY17 FY17 FY21 FY21 FY17 FY17 FY21 FY21
AMERICAS EUROPE/ GOLD IRON ORE
AFRICA
CRITICAL
APAC OTHER
METALS
• Increasing revenue from the • Product offering is commodity

Americas agnostic
• Critical metals are expected to grow
at a faster rate
23
OUR SUSTAINABLE PRIORITIES
APPROACH
Wearecommittedtoenhancingdisclosureandaccessibili
ofinformationrelatingtoourimpactsontheeconomy,
environmentandsocietythatindicateourcontributiont
sustainabledevelopment.
DuringFY21ourESGCommitteedevelopedIMDEXms
SustainabilityPolicy.ThepurposeofthisPolicyistooutli
commitmentourCompanyhastopractices,standardsand
technologiesthatsupportsustainabledevelopment.
UpholdingourSustainabilityPolicyistheresponsibili
everyoneengagedatIMDEXandappliestoalldirectors,
of⁄cers,contractors,andemployees.OurChiefExecutive
Of⁄cerisaccountabletotheBoardfortheoversightofall
sustainabilitymattersinaccordancewiththisPolicy.
Sustainability Policy information can be found on our website at:

https://www.imdexlimited.com/media/home/IMDEX-
Sustainability-Policy_2021_v1.pdf
25
FOCUS AREAS
Driving the sustainability of the global

Supporting economic development
minerals industry
Maximising value and providing sustainable Developing products and technologies that
earnings growth provide additional value to clients’ operations
and ensure
Increasingtheaccessibilityofinformationregarding the secure quality data
CompanymsESGrelatedrisksandopportunitiesforall
Collaboratingwithassociationsandresearchpartnerst
stakeholders. enhancethesafetyandef⁄ciencyofminingprocesses.
Ourcurrentgoalsareto: Ourcurrentgoalsaretosupportourclientsbycontinuing
• Growourcorebusinessbyenhancingourtechnical• Developproductsandtechnologiesthatlimitenergy
leadershipandembeddingvalueforclients consumption and carbon emissions by optimising
• Achievefurtherextensionwithinthelargeradjacent drillingprocessesacrosstheminingvaluechain
miningproductionmarket,whichislesscyclical
• DevelopproductsandtechnologiestooptimiseDrill&
• Consistentlyoutperformmarketgrowthfortheglobal Blastprocesses,whichlowerenergyconsumptionand
mineralsindustry dust-emissionswhileenhancingsafety
• • to
Enhancetheaccessibilityofinformationrelating Deliver
ESG equipmenttoreducewaterconsumption,
relatedriskandopportunities. contamination,safetyhazardsandtheenvironmental
impact on site
• Developandproviderecyclableanddegradable
packagingoptionstoreducetheuseofplastics.
26
Ensuring a safe and inclusive global Upholding ethical and sustainable

workplace business practices
Promoting diversity in the workplace and an Conducting business in a manner that is ethical,
inclusive culture across IMDEX values-driven and in compliance with the laws in
Ourcurrentgoalsareto: all countries of operation
• Ensureasafeandinclusiveglobalworkplace EnsuringactivitiesandtheorganisationsIMDEXworks
areethicalanddonotharmpeopleortheenvironment.
• Provideaworkingenvironmentthatissafeandsupports
totalwellbeing. Ourcurrentgoalsareto:
• • UpholdourCodeofConductandSupplierCodeof
Achievezeroharmthroughthesystematicmanagement
ofrisk Conduct
• ContinuallyimproveourLostTimeInjuries,Total • Maintainourstronggovernancesystemstoavoid
RecordableInjuriesandSafetyEngagementActivitiesbriberyandcorruptioninthe⁄rstinstance
year-on-year • Manageperformanceforcompleteandconsistent
• compliancewithapplicablelawsandregulations
EstablishaDiversityCounciltoimplementourDiversity
andInclusionstrategy • Effectivelyidentifyopportunitiesandmanagerisks
• Ensureequalpaythroughourremunerationreview ourglobalbusiness
process • Operateresponsiblybylimitingourimpactonthe
• environment.
Educateourworkforcetoincreasepsychologicalsafety
andencouragediversityofthought.
27
HOW WE GOVERN SUSTAINABILITY

OurBoardofDirectorshasultimateresponsibilityforIMDEXmsSustainabilityPolicy,performanceandmanagem
sustainabilityrisksandopportunities.
ToassisttheBoard,wehaveadedicatedESGCommittee.TheCommitteeworkswiththeExecutiveLeadershipCommittee,
REMandARCCCommitteeswhooverseepolicies,managementsystems,performance,reportingandcompliancerelatedto
health,safety,environment,community,anddiversityandinclusion.
TheCommitteealsoisaforumforinformationsharingwithspeci⁄cfocusonactivitiesrelatedtostakeholdere
integrationofsustainabilityacrossthebusiness.
IMDEX ESG COMMITTEE
Sally-AnneLayman Non-ExecutiveDirector
PaulHouse ChiefExecutiveOf⁄cer
PaulEvans ChiefFinancialOf⁄cer&JointCompanySecretary
ShaunSouthwell ChiefOperatingOf⁄cer
MichaelTomasz GeneralCounsel&JointCompanySecretary
KiahGrafton ExecutiveGeneralManagerofHumanResources
PeterLacey HeadofRiskandCompliance
NazWest GlobalHSEManager
JoeAyrookaran GlobalQA/QCManager
ShaneFoggon QHSECoordinator
Sarah Moredoundt SeniorCommunicationsAdvisor
KymClements InvestorRelationsOf⁄cer&ESGChairperson
Table1-IMDEXESGCommittee
29
OUR STAKEHOLDERS
Wearecommittedtoprovidingallourstakeholdergroupswithtransparentandgenuineengagementtoenhanceandsu
theirexperiencewithourproductsandbusinessglobally.
Table2outlineshowweengageandcollaboratewithourkeystakeholdergroupsandthestepswetaketoensureweare
listeningtoandmeetingtheirneeds.
KEY STAKEHOLDERS
GOVERNMENT & REGULATORS SUPPLIERS INDUSTRY PARTNERS

DISTRUBUTORS CLIENTS EMPLOYEES COMMUNITY
SHAREHOLDERS
BOARD OF DIRECTORS
BOARD COMMITTEES
ESG AUDIT, RISK & RENUMERATION &

DIGITAL
COMPLIANCE NOMINATION
COMMITTEE * ADVISORY GROUP *
COMMITTEE COMMITTEE
RISK
MANAGEMENT
POLICIES & CORPORATE CULTURE & INTERNAL
PROCEDURES & VALUES CONTROL
SYSTEMS
CHIEF EXECUTIVE OFFICER
IMDEX MANAGEMENT & EMPLOYEES
* These are not formally appointed Board Committees, but instead have Board and Management representation
30
STAKEHOLDER ENGAGEMENT
ENVIRONMENT HOW WE ENGAGE WHAT WE DO
Clients Clientsurveysandfeedbackopportunities
Regularcommunicationwithregionalsales
andclientfacingstafftoensureweunderstand
SitevisitsandproducttrainingwithIMDEXexperts
and are meeting their needs
Discussandcollaborateonproductimprovementsand
changes
Developandenhanceproductsbasedonclientsm
changing needs
Employees Comprehensiveemployeeperformancereview AnnualperformancereviewsandObjectivesandKey
andfeedbackprocess,withopportunityto Resultssettingprocess
de⁄negoalsanddevelopmentopportunities Quarterlyemployeerecognitionawardsforexceptional
performance
Informalengagementopportunitiesthrough
employeegroupsandcommittees Newlyimplementedemployee-nominatedvaluebased
Forallemployeeslinkingofsafetyandvaluesawards
drivenbehaviourswithshorttermincentivesQuarterlyCEO/COOstaffbrie⁄ngstoallregions
( STI)
Quarterlystrategyupdatesfromexecutiveteamtoall
Forexecutivesandseniorstaffprovision in
regions
thelongtermincentive(LTI)formeasuring
andrewardingachievementoflongterm Annualemployeefeedbacksurv ey
sustainabilitygoals(FY22onwards)
Investors RegularengagementwithkeystakeholdersFull
in yearandhalfyearresultsbrie⁄ngs
andFinance theinvesmentcommunity Investorroadshows
Providers Commitmenttoinforminginvestorsand AnnualGeneralMeetings
⁄nanceprovidersoncompanychangesand Investorbrie⁄ngs
developmentsonregularbasis
IntroductionofESGCommitteein20
LaunchofSustainabilityReportingin201
Technicalsymposiumforinvestors
Suppliersand Regularengagementwithsuppliersand Legal,RiskandRegulatoryteamsprovideongoingreview
Distributors distributorsglobally,throughface-to-of globalsupplyanddistributionlawsandregulation
face
meetingsandelectroniccommunication as
Continuous monitoringofAnti-briberyandCorruption
required lawsglobally
ModernSlaveryReport
Government Sustainedengagementwithalllevelsof Regularandongoinggovernmentengagement
-local,state, governmentandregulatorsasrequiredinall
Submissiontorelevantlocal,state,nationalandglobal
regions that we operate
national,global consultationprocesses
Industry Regularengagementwithindustry Partnershipswitharangeofindustrycommitteesand
partners researchbodiescommittedtodevelopingandenhancing
partners,researchbodies,non-government
organisations miningtechnologyandpracticesglobally
Representation on industry boards, research bodies and
atindustryeventsasspeakersandexperts
Joint Identifyanddeliverjointdevelopmentagreementswith
Collaborationwithcustomersandindustry
Development partnerstoidentifyjointdevelopment majorandminorresourcecompanies,totest,de⁄neand
Partners improve
opportunities,withthegoalofenhancing and IMDEXproductsandtechnology
improvingtheglobalminingindustrythrough
ef⁄ciencyandsustainability
Community Engagementwithlocalcommunitiesand Localsocialmediacontentforeachregion
regularcontributionstoindustryassociations
Commitmenttolocalemploymentopportunities
Monitoringoflocalpoliticalandsocio-economiciss
Table2-StakeholderEngagement
31
MATERIAL TOPICS AND MEASURING

OUR SUCCESS
During FY21 we engaged Morrow Sodali, a leading provider of strategic advice and shareholder
services, to assist with a materiality assessment. The assessment included shareholder and
employee interviews, together with peer analysis and industry research.
Materialtopicsarethesigni⁄cantenvironmental,socialandgovernancetopicsthatcurrentlyimpactourbus
ourbusinessintheforeseeablefuture,andmostin¥uenceourstakeholdersmperceptionsofourperformance.Theset
formthebasisofthisreport.Wewillcontinuetobuildonthesetopicsinsubsequentyears.
MATERIAL TOPICS SUPPLIERS IMDEX FACILITIES CLIENT OPERATIONS LOCAL COMMUNITIES
ENVIRONMENT
OperationalEmissions
ClimateResilience
LandDisturbance&Rehabilitation
Water&Ef¥uents
SOCIETY
LocalEngagement
ThoughtLeadership&
Associations
GOVERNANCE
CorporateGovernance&Risk
HumanRightsandModern
Slavery
OUR PEOPLE
Health,Safety&Wellbeing
Diversity&Inclusion
ValuesandCulture
Table3-MaterialESGTopics
33
ENVIRONMENT
OPERATIONAL EMISSIONS
Due to the nature of our business and product offering, we have low greenhouse gas emissions.
DuringFY22weareimplementingprocedurestocapturedatarelatingtoourmaterialscope1andscope2emissionsas
illustratedinthetablebelow.InFY23wewillreportonthisdata,togetherwithtargetsandinitiativesforimprove
UPSTREAM OPERATIONAL CONTROL DOWNSTREAM
SCOPE 3 (INDIRECT) SCOPE 2 (INDIRECT) SCOPE 1 (DIRECT) SCOPE 3 (INDIRECT)
Productionandtransport
Purchasedelectricityfor
ofrawmaterialsand
companyleasedorowned Companyvehiclesfuel Outsourcedproducttransport
technicalcomponentryfor
facilities
instrumentation
Productionandtransportof
Purchasedheating Dieseluseiequipment Businesstravel
diesel
Combustionofotherliquid
Transport of waste and waste
Employeetransport
fuels(e.g.forklifts) management
Electricitytransmission Landusechange
Table4-SummaryofIMDEXGreenhouseGasEmissions Materialscope1andscope2emissions
IMDEXHeadOf⁄ce
35
CLIMATE RESILIENCE
Our ESG Committee is committed to enhancing climate risk disclosure in line with the Task Force for
Climate-related Financial Disclosures (TCFD) framework.
Aspartofthisjourney,weengagedUmwelt,anenvironmentalconsultancy,toconductaTCFDreportinggapanalysis.
Thereportevaluatesourcurrentarrayofpolicies,riskassessmentprocesses,strategiesandmonitoringsyst
TCFDframework.Itaimstoidentifymaterialssuitableforpotentialclimateriskdisclosurereportsandevaluat
riskdisclosurereadiness.Thereportalsoincludesastrategiclevelclimateriskmaterialityassessment,w
prioritisetheroleofclimateriskdisclosureinongoingESGinitiatives.
Key⁄ndingsaresummarisedinthetablesbelow.
TCFD
FRAMEWORK MATERIALS SUITABLE FOR DISCLOSURE
FOCUS
Governance Theboardhasdevelopedsub-committeesthataredirectlyrelevantforaddressingclimatebusiness
(CBSs).
MaterialrisksarecurrentlydiscussedbytheARCC,whichmeetsatleastfourtimesayear.Theboard,and
itssub-committees,placeconsiderableemphasisonriskwhenguidingstrategy,majorplansofact
managementpolicies,annualbudgetsandbusinessplans.Theboardmustendorseallmajorstrategi
developedbymanagement.
IMDEXconsidersithasalegalobligationtodisclosematerialCBDs,however,itisyettoidentifyamat
CBD.
IMDEXhasassignedclimate-relatedresponsibilitiestotheESGCommittee.IMDEXdoesnothaveaspeci⁄c
roleformanagingCBDs,however,allstaffinvolvedinproductevaluationanddesignshouldmanageCBDs
ManagementmonitorsCBDsviatheESGCommittee,theannualriskreviewandfeedbackfromtheproduct
designprocess.
Risk IMDEXusesariskmanagementsystembasedonISO310andindustrybestpractices.TheARCC
Management providesoversightfororganisationalriskmanagement,andtheSeniorManagementGroupprovides
oversightofriskmanagementattheenterpriseandoperationallevels.IMDEXhasembeddedrisk
managementinthecompanymsQHSEsystemiISO901andISO180.
IMDEXschedulesregularstandingforumstoidentifyanddiscussrisk,andallnewproductsandpr
mustworkthroughariskassessmentprocess.Risksidenti⁄edduringnormaloperationscanbee
atanytimeand,ifsigni⁄cant,triggeranadhocformalriskreviewsessionoftheEnterpriseRiskGr
TheEnterpriseRiskRegisterincludessomesustainabilityrisksatthetactical,workplacelev
EnterpriseRiskRegisteralsoincludessomebroadenvironmentalimpactrisks.
IMDEXusesthestandardISO310processforassessing,analysingandprioritisingrisk.IMDEXusesth
riskassessmentprocesstosetlevelsofriskmanagement.Risksassessedasmoderateorbeloware
assignedreductioncontrols,andtheeffectivenessofcontrolsisreviewedregularly.Risksratedb
moderateandhigharealsoassignedreductioncontrols,however,moderatetohighrisksarereviewed
higherfrequency.IMDEXdoesnotacceptrisksratedashighorextreme.
IMDEXusesitsriskassessmentprocesstoidentitymateriality.Anyrisksratedmoderateorabov
consideredmaterialrisks.
IMDEXplanstoincorporateclimate-relatedrisksintoitscurrentriskmanagementsystem.
36
Strategy IMDEXmanagesitsbusinessoverthreeplanninghorizons.Shorttermissuesareaddressedinana
operatingplan,mediumtermissuesareaddressedinathree-yearbusinessstrategy,andlonger-ter
areaddressedin5-10yearstrategicstatements.
IMDEXbelievesclimate-relatedbusinessdriversareunlikelytogeneratematerialshorttermimpa
unlessthereisasigni⁄cantchangeinclimatepolicy.Overthemediumterm,IMDEXanticipatesenha
climatepolicywilldrivenewopportunitiesforitsproducts,andclimatepolicyislikelytogen
bene⁄ts.Overthelongerterm,IMDEXbelievesitwillexperienceaclimatedrivenchangeinitsclientbas
asthemineralsindustryadaptstoenhancedclimatepolicy.IMDEXbelievesithasthepotentialtog
longtermmaterialbene⁄ts,byassistingclientsimproveenergyusageandnaturalresourcesef⁄ci
promoteESGprogress.
IMDEXmsbusinessstrategyand⁄nancialplanningisdictatedbyclientdemand.IMDEXmatchesits
roadmaptoclientsmneeds,whichdoesincludeproductstoimproveenergyuseef⁄ciency.IMDEXaimsto
supplyclimate-relatedproductswhenitsclientsdemandclimate-relatedproducts.IMDEXhasdevel
manyproductswhichimproveenergyuseef⁄ciency.IMDEXisdevelopingbetterorebodydelineationand
physicalcharacteristicstoenablemoreef⁄cientextraction,startingwithnewblastingproduc
IMDEXbelievesitsbusinessstrategyisquiteresilienttoclimate-relatedbusinessdrivers
necessary.IMDEXmsbroadgeographicalfootprintspreadsphysicalandtransitionalclimate-re
shouldallowIMDEXtoshiftitsoperationalfocusandmitigatemediumtermimpacts.IMDEXbelieves
wellplacedtoassistclientsaddressclimate-relatedbusinessdriversanditshouldbene⁄tas
newsolutions.Enhancedclimate-relatedbusinessdriversshouldbene⁄ttheproductdevelopmentpa
theIMDEXbusinessasclientsshoulddemandnewproductsandservices.
IMDEXbelievesclimatepolicyisunlikelytohaveamaterialimpactonitsupstreamsupplychains
tocapitalandESG/compliancecosts.IMDEXacknowledgesphysicalclimatechangecouldimpactits
clients,throughsiteaccessandwateravailability.
IMDEXbelievesitcanusethefollowingstrategiestomaintainorimprovepro⁄tabilitythroughthe
changingclimatechangepolicies:
• Introducing new products
• Helpingclientspromotetheirenergyandwaterusecredentials
• Climatefocussedmarketing
• PromotingIMDEXmsESGperformance.
IMDEXbelievesitcanmitigatethepotentialimpactsofclimate-relatedbusinessdriversbymoni
regulations,workingcloselywithclients,contingencyplanningandassessingindustrytre
withindustrybodies).
Table5-UmweltGapAnalysisMaterialsSuitableforDisclosure
37
The evaluation also found:

• Futureclimatedisclosureactivitieswouldbene⁄tfromaformalclimatechangeriskassessment,andaformal
materialityassessment.
• Governancestatementswouldbene⁄tfromadescriptionofactivitiescompletedbytheboardandseniormanagemen
whichspeci⁄callyrelatetoIMDEXmsCBDms.Activitiescouldincludetheadditionofstandingagendaitems,bro
scopeofexistingprocesses,developingclimate-relatedperformanceobjectives,anddevelopingaprocessforid
andelevatingCBDs.
• Strategystatementswouldbene⁄tfromscenarioanalysis,whichtestsIMDEXmslongertermstrategiesagainsta
potentialphysicalandpolicyenvironments.Thescenarioanalysisshouldconsidertheimpactsoffutureener
thephysicalimpactsofclimatechangeinhigherriskenvironments.
• Strategystatementswouldbene⁄tfromadescriptionofaprocessforidentifying,loggingandevaluatingclima
opportunities.
• Riskmanagementstatementswouldbene⁄tfromimprovedprocessesforde⁄ningandidentifyingclimateriskmat
(in⁄nancialterms),improvedprocessesforidentifyingandcomparingriskequivalence,andreferencestoanypl
budgetstomanagematerialclimate-relatedrisks.
• Statementsregardingmetricsandtargetsshouldbelimitedtodescribingprocessesfordevelopingmetri
The Task Force for Climate-related Financial Disclosures (TCFD) was established by the
G20 finance ministers and central bank governors to improve climate-related disclosure.
Theframeworkwasdevelopedovertwoyearsandinvolvedsigni⁄cantindustryreviewandfeedback.TheTCFD
frameworkrecommendsdisclosureacrossthefollowingfourthemes:
1. Governance-Disclosegovernanceofclimaterisksandopportunities
2. Strategy-Discloseclimaterelatedscenarios(physicalorpolicy)whichmayin¥uencebusinessstrategy
3. Risk-Disclosehowclimaterisksareidenti⁄ed,assessedandmanaged
4. Metricsandtargets-Disclosemetricsandtargetsusedtomonitorclimaterisksandopportunities
TheTCFDframeworkisavoluntarydisclosureframework,however,theTCFDrecommenditsuseforall
organisationswithpublicdebtorequity.
38
TCFD
FRAMEWORK RECOMMENDATIONS
FOCUS
Approach to Adetailedmaterialityassessmentshouldseektoquantifythelikely⁄nancialimpactofCBDsand
assessing rangeofscenarios.
climate Publiclyreportedmaterialitystatementsshouldbebasedonscenariosandtimeframesthatali
materiality usedbyexternalstakeholders.
Climate Thefollowingclimatechangerisksandopportunitieswarrantfurtherinvestigation:
materiality • Demandforproductsandservicesdrivenbyclientsexperiencingwatershortages
risks/
• Demandforproductsandservicesdrivenbyclientsexperiencingchallengingclimate-related
opportunities
conditions(heat,¥ood,seasonalshift,bush⁄re)
• Demandforproductsandservicesdrivenbyclientsexposedtoenergyuseorgreenhousegasemis
policy/regulation
• Demandforproductsandservicesdrivenbyclientsexposedtowaterusepolicy/regulation
• Demandforproductsandservicesbythecoalminingsector
• Demandforproductsandservicesbyotherminingsectors(especiallythosesupplyingrawmat
newenergysystems)
• TheimpactofclimatepoliciesonIMDEXmsinternalcoststructure,especiallydistributio
chains.
Metrics and Developmetricstomeasureclimaterelatedrisksandopportunities.
targets Developmetricstomeasurewateruse,energyuseandwastemanagement.
Developabasicgreenhousegasinventory,whichincludesScope1and2greenhousegasemissions.
Developaprocesstodisclosegreenhousegasemissions(e.g.sustainabilityreport,GRICDP,NGER).
Developclimatechangemitigationand/oradaptationtargetsforallmaterialrisks.
Considerlinkingremunerationpoliciestoclimate-relatedperformance,ifIMDEXidenti⁄esmateri
and/orexternalstakeholdersrequestsuchapolicy.
Table6-UmweltGapAnalysisRecommendations
Thereportisourinitialstepinenhancingourclimateriskdisclosure.TheESGCommitteewillcontinuetodeve
inlinewiththeTCFDframework,materialESGtopicsandthegrowthandevolutionofourbusiness.
39
LAND DISTURBANCE AND

REHABILITATION
Drilling 1.33
Rock
Optimisation Knowledge
Products Sensors
........
Wehaveminimaldirectimpactonthe environment.
. Ourrangeofsolutionsaredesignedtoenhanceef⁄ciencyand
Real-time Data
productivity,whilesupportingthesustainability ofourclientsmoperationsandmeeting
and Analytics 1.33 thedrivetowardsd
1.33
Rock
Keysustainabilitybene⁄tsare setinthetable7below.
Knowledge
Sensors across mining value chain
Applicable
EXPLORATION RESOURCE PRE-FEASIBILITY FRAGMENTATION MINING STOCK PILING PROCESSING

........
. DELINEATION AND BLENDING
Real-time Data
Drilling Rock Real-time ........
and Analytics
Optimisation Knowledge
1.33
Data and
.
Rock
Knowledge Products Sensors Analytics
UNDERGROUND
Sensors
Applicable across mining value chain OPPORTUNITY TO GAIN IN SITU ROCK KNOWLEDGE
PRE-FEASIBILITY FRAGMENTATION MINING STOCK PILING PROCESSING

AND BLENDING
e Data Solids Removal

Drilling
........ Downhole In-Field
Cloud-based
Advanced
Analytical and
Key Competitors Drilling 1.33 Units and Rig Data Collection Interpretive
ytics Minerals Fluids Testing Alignment
Productivity .
Survey Sensors
Sampling and
and Validation
Reporting
Software for
Technologies Analysis Software
Technologies Services Geological Data
UNDERGROUND
Enhanced Safety
N SITU ROCK KNOWLEDGE
STOCK PILING PROCESSING

AND BLENDING
Reduced Water Use
........
.
Biodegradable or
Reusable Packaging
Options
Enhanced Operational
Efficiency and
Productivity
Table7-SummaryofIMDEXProductOfferingandSustainabilityBene⁄ts
Solids removal Drilling fluids 4% of world energy IMDEX™ Mining

units reduce water are available in usage Technologies enable
consumption by recyclable and is related to significant
up to 70% and limit reusable packaging processing at the productivity, cost
environmental impact mill and safety benefits
The introduction
on site targeting a 15% - 20%
of cardboard
gain in mine to mill
packaging reduced
efficiency
plastic use by
27,000kg in FY21
Au Au
Fe Cu Fe Cu
40
Ag Ag
WATER AND EFFLUENTS

Thedevelopmentandmanufactureofourdrillingoptimisationproductsandrockknowledgesensorsdoesnotrequ
materialquantitiesofwater.Similarly,thereisnorequirementfordisposalofwastewater.
Allofourdrilling¥uidscontainnaturalproducts,including¥ours,seeds,bananapeelandvegetableoil.Lesstha
rawproductscontainpetroleumandnopoisonoussubstancesareused.
Ourdrilling¥uidsareshippedtoclientsineitherpowderorliquidform.Thelargestpercentageofproductsarei
form,whicharedissolvedintodrillingwaterattheclientsmsite.Theremainderofthedrilling¥uidsareliquid
manufacturedinahighconcentrationandaddedtothedrillingwatertoachievedesirableconcentrationlevels.
Tolimitenvironmentalimpact,weprovidearangeofsolidsremovalunits.Furtherinformationregardingtheenvi
andsafetybene⁄tscanbefoundonpages42-3.
41
CASE STUDIES
IMDEX™ SRU™ REDUCES WATER USE BY 77% REDUCTION IN WATER USE
80% IN NEVADA ACHIEVED BY IMDEX™ HP-SRU™ IN THE
Aclientwasexperiencinganumberofenvironmental
ARCTIC TUNDRA
challengesatitsHorseCanyonexplorationsitelocated
Ain
clientwasconductingadiamonddrillingprogramfor
theCortezMountainrangeinNevada,USA.Theregionis
AuroraGeosciencesLimitedatKelvinLake,approximately
regularlymonitoredforspillsandaccidental¥uidrelease
290kmfromby
Yellowknife,Canada.Theregionis
theBureauofLandManagement.Theclienthadexhausted
environmentallysensitive,withsomeplants,suchaslichen
itsoriginalpermitsfordrawinggroundwater.Tocomplete
takingupto80yearstoregenerateifdamaged.Water
theexplorationprogramfortheyear,theclienthadtoapply
sourcesarestrictlymonitoredbygovernmentagencies,
forincreasedpermits. especiallyduringthewarmermonthswhentheicemeltsand
waterbeginsto¥ow.
Wastedrill¥uidhandlingalsopresentedchallenges.Waste
drill¥uidwastypicallyhauledtolargecentralsumps. Fluids
Water fordrillingoperationsissourcedfromKelvinLake
werethenpumpedfromthesumpandsolidswerespread andpumpeddirectlytothedrillsite.Localgovernmentland
onroadswherepossible.Thispracticedidnotworkwelluse management agencies monitor water consumption
whentemperatureswerebelowfreezingiconsequentlythe
andland⁄llatthesiteandrequireexplorationcompaniesto
sumpswerereachingcapacityandtheminewaslimitedcomply
in withstrictpermitconditions.
thenumberandsizeofsumps.
Thedrillprogramcommencedduringtheholidayseason,
TheclienttrialledIMDEXmsSolidsRemovalUnit(SRU)for delayswereexpectedduetoextremetemperaturesand
amonth. seasonalshutdowns.IMDEX,AuroraGeosciencesLimited
Bene⁄tsincluded: andthedrillingclienttookthisopportunitytotrialanIM
heliportableSolidsRemovalUnit(HP-SRU)inaneffort
• Upto$7,60*savingsperrigperday
toreducewaterconsumptionandimprovedrillcuttings
• 75%reductioninmudvolume management.
• 80%reductioninwaterusage Bene⁄tsincluded:
• 75%lesswastecartage • Reducedwaterconsumptionby7%
• Fewervac-trucksintheminesite • Reducedassociatedpumpwearandtearandfuelcosts
• Fewerwatertrucktrips • Improveddrillcuttingsmanagement,limitingriskof
spills
• Reduced road maintenance
• Reducedvolumeofland⁄llwaste
• Reducedriskofroadaccidents
• Reducedwarmwater¥owbacktothelakeforminimal
• Reduceddustgeneration,whichhelpsthecompany
impact on the ice
meetenvironmentalregulations
• Minimised transportation costs and runs
• Improvedef⁄ciencybyincreasingdrillingtimeand
reducingtimespendmixingdrilling¥uidsand• emptying
Alloweddrillinginanenvironmentallysensitivelocat
pits restricted by permits
• • Improvedproductivitybyreducingfrozenwaterpipes
Asigni⁄cantreductionintheenvironmentalfootprint
includingwaterusage,clearingofvegetationand andover¥owingtanks
diggingofearthsumps.
• Environmentalbene⁄tsrecognizedbygovernment
* Rental is not included as rates may vary environmentalinspectors.
depending on the terms of the contract
42
IMDEX UG-SRU™ REDUCES WATER

CONSUMPTION BY 86% IN WESTERN ABOUT THE IMDEX™ SRU™
AUSTRALIA IMDEXmsuniqueSolidsRemovalUnit(SRU)
Waterisascarcecommodityatremotesitesinthe providesahighlyinnovativealternativetotradition
Gold⁄elds,WesternAustralia.Whencoupledwith drillingsumpsandisbeingdescribedastheway
underground mining operations, water management can ofthefuturebydrillingcontractorsandresource
becomechallengingandcostly. companiesworldwide.
IMDEXmsclientwasseekingwaystoreducetheamount Theclosed-loop¥uidsystemsigni⁄cantlyreduces
ofwateranddrilling¥uidsused.Atrialwasconductedtheenvironmentalimpactandgreatlyimprovesthe
comparingtwoholesionewasusingtheIMDEX ef⁄ciencyofdrillingoperations.
UndergroundSolidsRemovalUnit(UG-SRU)andthe Drilling¥uidiscirculateddirectlyfromthedrillco
othertraditionalmethods. totheSRUmsshaker,thendrillsolidsareremoved
Bene⁄tsincluded: viathecentrifuge.Cleaneddrilling¥uidsarethen
returnedtothedrillhole.Thehighlymobileunitalso
• AU$7,134*netsavingsperrigpermonth
incorporates a mixing chamber and weir system,
• 86%reductioninwatercosts whichenablesdrilling¥uidstobeaddedaccurately
andef⁄ciently.
• 64%reductioninmuduse
Trailermounted,skid,undergroundandheliportable
• 75%reductioninslurryvolume
optionsareavailable.
Keybene⁄ts
• Reduces water consumption mud usage and

cartage costs
• Reduceswearandtearondrillcomponents
• Improvesbitonbottomtime
• Eliminatesthecostsofdiggingsumps
• Improveson-sitehealthandsafety,reducingslips
and hazards
• Increasesdrillingproductivity
• Eliminatessitere-mediationandenvironmental
management costs
• Reduces site footprint
• Facilitatesaccesstoenvironmentallysensitiveo
remotedrillsites
• Quickandeasyinstallation
43
KEY STATISTICS
IMDEXisnotawareofanynon-compliancewithenvironmentallawsinanyofthejurisdictionsinwhichwe
operatewithinthelast2years.
NUMBER
NON-COMPLIANCE WITH ENVIRONMENTAL LAWS
/ VALUE
Signi⁄cant⁄nesandnon-monetarysanctionsfornon-compliancewithenvironmentallawsand/or
Zero
regulations
Non-monetarysanctions Zero
Casesbroughtthroughdisputeresolutionmechanisms Zero
Table8-IMDEXNot-compliancewithEnvironmentalLaws
WATER AND EFFLUENTS IMPACT
IMDEXdoesnotdischargewastewaterfrom
Waterdischargebyqualityanddestination
any of its operations
Waterbodiesaffectedbywaterdischargesand/orrunoff Noorimmeasurableimpact
Signi⁄cantspills Zero
Table9-IMDEXWaterandEf¥uents
SOCIETY
LOCAL ENGAGEMENT
We are a global business with a presence in all key regions of the world. In the past, we have
managed local community development and sponsorship discretionally within each location. Our
offices located in South America, North America, Africa, Asia, Australia and New Zealand have
all supported local community events and organisations based on decisions made by senior
management in that region. Examples during FY21 included support for Telethon, Beyond Blue, Head
Space, the Variety Bash for Kids and the Maca 200 Ride for Cancer.
Asourbusinesscontinuestoevolve,weseeanincreasedneedtoimplementmorecomprehensiveandconsistentappr
tocommunityengagement,sponsorshipandvolunteering.WearecurrentlydevelopingaGlobalEmployeeVolunteeringPo
andProgram,whichwillbeimplementedacrossIMDEXgloballyinFY2This
2. programwillalignwithourrefreshedcompany
values,whilehavingthe¥exibilityforemployeestosupportcharitableorganisationsthatareimportanttothem
Duringthereportingperiodwedidnotidentifyanyareasofnon-compliancewithlaws,regulationsorcodesapplic
oreconomicimpactsandhavenotbeensubjecttoany⁄neand/orothersanctionsinthisarea.
We were pleased to donate IMDEX tablets to the Kimberly Mission in Western Australian and the Instituicao Casa lar Estrela
in Brazil. The tablets assist children in need and with health issues impacting their education. Our South American team also
provide accommodation and support to the mothers of these children.
45
THOUGHT LEADERSHIP AND
EXTERNAL MEMBERSHIPS
Our Company regularly contributes to industry events and publications. Examples of thought
leadership articles can be found at https://www.imdexlimited.com/news
We also collaborate with governments, industry associations, universities and research centres to
optimise the global minerals industry. During FY21 we were a proud partner and participant in the
following organisations and projects:
American Exploration and Mining Association (AEMA)AEMAisa125-year-old,1,80+member,nationalassociation

representingthemineralsindustry.AEMAistherecognizednationalvoiceforexploration,thejuniorminingsec
accesstopubliclands,andrepresentstheentiremininglifecycle,fromexplorationthroughproductiontoreclam
closure.
AMIRAAnindependentglobalnotforpro⁄torganisationrepresentingmembersfromtheresourcesindustryseekin
enhance,sustainanddelivertransformationalresearchanddevelopment,innovation,andimplementationtotheben
society.
Arizona Mining Industry Gets Our Support (AMIGOS)AMIGOSisanimportantcollectionofcompaniesspanningthenorthern

hemisphere;fromNewJerseyandSouthCarolina,uptoourCanadianneighboursinBritishColumbia,andacrosstheUni
StatestoCaliforniaandTexas.
Foralmostfortyyears,AMIGOShasworkedtoprovideabetterbusinessenvironmentformining.
Association for Mineral Exploration (AME)AMEpromotesahealthyenvironmentandbusinessclimatefortheminerals

explorationindustrythroughleadership,advocacyandpartnerships.AMEmembersworkwithgovernmentsandother
groupstoensurethatlow-impactmineralexplorationactivitiesmayoccurinavarietyoflandscapeswhilerespec
physicalenvironment
Australian Drilling Industry Association (ADIA)TheADIAprovidestraining,resources,conferencesandseminars,industr

newsandadvocacyformembers.
Canadian Diamond Drilling Association (CDDA)TheCDDAdealswithgovernmentaldepartmentsandagenciestokeep

membersabreastofthelatestregulatorychangesaffectingtheindustryandpromotesthewell-beingofthemineralin
inCanada.
Centre of Exploration Targeting at the University of Western AustraliaWherethepressingproblemsofthemineralexploration

industrycanbeaddressedbyteamsofresearchersusingtheircollectiveexpertisetodevelopinnovativeresearchsol
CRC ORETheCooperativeResearchCentrefocusedonOptimisingResourceExtractionfortheminingsector.
CSIROTheCommonwealthScienti⁄candIndustrialResearchOrganisationisanAustralianGovernmentagencyrespo
forscienti⁄cresearchandworkswithleadingorganisationsaroundtheworld.
Curtin UniversityAnAustralianpublicresearchuniversitybasedinBentley,Perth,WesternAustralia.
The Geological Association of Canada (GAC®) GAC®isanationalmulti-disciplinarygeoscienceorganisationwith

representativesinallCanadianTerritoriesandProvincesaswellastheUnitedStates,Europeandotherpartsofth
TheGAC®makessigni⁄cantcontributionstothepromotionanddevelopmentofthegeologicalsciencesinCanadath
publications,awards,conferences,meetingsandexhibitions.
46
Geological Society of Nevada (GSN)GSNisanon-pro⁄tscienti⁄csocietywhoseprincipalmissionistopromotethe
advancementofthegeologicalsciences,especiallyastheyrelatetoNevada.TheSocietyencouragesthedisseminati
scienti⁄candpracticalknowledgethroughsemiformalpresentations,⁄eldtripsandsymposiaaswellasbypub
literatureresultingfromtheseactivities.
TheSocietyhasdevelopedasecondarymission,throughtheGSNFoundation,offundinganumberofearthsciencerelat
charitableprograms,includinggrantsforK-12⁄eldtrips,universityscholarshipsandgrantsforgeological
Manitoba Prospectors and Developers Association (MPDA)MPDAactsasanadvocacygroupfortheconcernsandinterests

ofmembersandinformsthepublicofthevalueofmininginManitoba.
MinEx CRCTheworldmslargestmineralexplorationcollaborationbringingtogetherIndustry,GovernmentandRes
Organisations.
METS IgnitedAnindustry-led,government-fundedIndustry,growthcentrefortheminingequipment,technology,andser
(METS)sector.
Natural Resources Canada (NRCan)NRCaniscommittedtoimprovingthequalityoflifeofCanadiansbyensuringthe

countrymsabundantnaturalresourcesaredevelopedsustainably,competitivelyandinclusively.
NWT and Nunavut Chamber of MinesTheChamberadvisesgovernments,regulatoryagencies,investors,Aboriginalgr

themedia,schoolsanduniversitiesandthepubliconindustrypositionsandinitiatives.TheChambermspr
encourage,assistandstimulatetheprosperous,orderlyandenvironmentallyresponsibledevelopmentandgrowt
andmineralexplorationintheNWTandNunavut.
PNG Chamber of Mines and PetroleumAnon-pro⁄t,peakindustryassociationthatrepresentstheinterestsofthemi

petroleumindustryandassociatedindustriesinPNG
Prospectors Developers Association of Canada (PDAC)ThePDACistheleadingvoiceofthemineralexplorationand

developmentcommunity,anindustrythatsupports719,0peopleindirectandindirectemploymentandcontributes$106
billiontoCanadamsGDPeveryyear.Representingover40membersaroundtheworld,PDACmsworkcentersonsupportinga
competitive,responsible,andsustainablemineralsector.
Quebec Mineral Exploration Association (EMQ)AEMQpromotessustainableandresponsibleexplorationofQuebecmsminer

resourcesandthevitalcontributionofminingtotheeconomy.
Society of Economic Geologists (SEG)(SEG)isaninternationalorganisationofindividualmemberswithinterests

⁄eldofeconomicgeology.TheSocietymsmembershipincludesrepresentativesfromindustry,academia,andgovernme
institutions.
Society of Mining Engineers (SME)SMEbringstogethertheminingandmineralindustrymsbrightestandmostdedi

professionals.Over13,0globalmembersadvancetheircareerswiththeworld-classtechnicalresources,educationa
programs,networkingopportunitiesandprofessionaldevelopmenttoolsfromSME.Membersarefocusedonsharing
practicesforsafety,environmentalstewardship.
Yukon Chamber of MinesTheYukonChamberofMinespartnerswithgovernment,communityand⁄rstnation

representativestohelpfacilitateanenvironmentofresponsibledevelopment.
RelevantmembershipsandassociatesofourBoard
Board and Executive information can be found on our website at:
membersandExecutiveLeadershipTeamcanbefound
https://www.imdexlimited.com/about-us/executive-management-team
withinourFY21AnnualReportorwebsite.
47
GOVERNANCE
CORPORATE GOVERNANCE AND RISK

MANAGEMENT
Our Corporate Governance Statement sets out the key features of our governance framework and
discloses the extent to which we have followed the ASX Corporate Governance Council’s Corporate
Governance Principles and Recommendation (ASX Recommendations).
We regularly review our corporate governance practices and policies against the requirements of both the Corporations Act
2001 (Cth) (Corporations Act) and the Listing Rules of the Australian Securities Exchange (ASX), and current best practice.
In FY21 we completed a review of our governance documents and are pleased to be able to report that the majority of our
governance practices align to the 4th edition of the ASX Recommendations.
Our Corporate Governance Statement is accurate

and current as at the date of our Annual Report and Our Corporate Governance Statement can found on our website at:
has been approved by the Board. https://www.imdexlimited.com/about-us/corporate-governance
IMDEX CODE OF CONDUCT SUPPLIER CODE OF CONDUCT

Our IMDEX Code of Conduct (the Code) provides a We are committed to transparent, safe, and ethical
framework for our decisions and actions and outlines the procurement practices. Our aim is to partner with like-
standard of conduct expected of everyone who works for minded suppliers to help us deliver leading solutions that
or on behalf of the Company. enhance our clients’ operations. To achieve this, we have
developed a Supplier Code of Conduct, which clearly
All employees are expected to be familiar with and
sets out our minimum expectations of suppliers, their
understand the Code and complete training regarding the
subsidiaries, and subcontractors (suppliers). The Supplier
key areas on an annual basis.
Code of Conduct aligns with our Corporate Governance
The Code is endorsed by our Board and Executive Polices, company values and internal expected behaviours.
Leadership Team and is reviewed and updated regularly to
The Code requires suppliers to comply with all applicable
support the growth of our business.
legislation and regulations relating to employment
practices, remuneration, diversity, discrimination, bullying,
harassment, workplace and human rights; conduct their
business in a way that aligns with internationally accepted
standards; and share a zero-tolerance approach to modern
slavery.
We may choose not to work with, or cease to work with,

suppliers who do not meet these minimum expectations.
Our IMDEX Code of Conduct and Supplier Code of Conduct can

be found on our website at:
https://www.imdexlimited.com/about-us/corporate-governance
49
ANTI-BRIBERY AND ANTI-CORRUPTION SPEAK-UP POLICY

We avoid all activities or organisations that are unethical or Our Speak-Up Policy supports our Code of Conduct and is
harm people and the environment. We are committed to: designed to ensure that:
• Zero-tolerance for bribery and other forms of • We maintain the highest standards of corporate
corruption governance and ethical conduct across all our
operations
• Honest and ethical business practices
• Our Company is a safe, respectful, and inclusive place
• Compliance with the laws of the countries where we to work
operate.
• All employees are encouraged to ask questions, query,
Our Anti-Bribery and Anti-Corruption Policy sets out and report actual or suspected violations of our Code
requirements for business conduct and provides of Conduct or other IMDEX Polices without fear of
information on how to recognise and respond to bribery retribution.
and corruption. Compliance with this Policy:
Several methods are provided for making confidential
• Supports legitimate engagements
reports. In the first instance employees are encouraged to
• Promotes economic development and good report any matters of concern directly to their manager or
governance supervisor. Alternatively, they can make a report via phone,
email, mail or anonymously through our reporting platform,
• Protects against significant legal, financial, safety and
IntegraCall®. IntegraCall® is multilingual and can be
reputational risks.
accessed anytime from any mobile or device using either
The Policy applies to all directors, officers, employees and the mobile app or the web portal.
third parties acting directly or indirectly on behalf of IMDEX.
We are committed to ensuring that:
All employees are required to undertake annual anti-bribery
• All matters that are reported will be treated respectfully
and anti-corruption training.
and confidentially
We operate a bribery and corruption risk register, with the
• Any investigations will be conducted in a timely
assistance of the various third-party toolsets including
manner and will be fair and independent from any
Corporate Governance Risk software. These systems,
persons to whom the disclosure relates
software and procedures allow us to identify risks and
manage any compliance incidents which may arise. • No one will suffer any detriment as a result of making
a report.
We are not aware of any substantiated claim of bribery or
corruption (or an alleged incident that we deemed credible)
involving any third parties. Our Speak-Up Policy can be found on our website at:
Our Anti-Bribery and Corruption Policy can be found on our
website at:
https://www.imdexlimited.com/media/home/Anti-Bribery-and-
Anti-Corruption-Policy-English-June-2021.pdf
ETHICS AND CONFLICTS OF INTEREST
CERTIFICATION
To safeguard the ongoing ethical and compliant operation
of our global business, all employees are required to
complete an Ethics and Conflicts of Interest Certification
annually. This involves employees:
• Certifying that they have read and understand IMDEX’s

Speak Up Policy, Code of Conduct and the Anti-
Bribery & Anti-Corruption Policy
• Confirming that, to the best of their knowledge, they

have been compliant with the Code, the two Policies
and all applicable laws and regulations
50
• Completing a conflict of interest declaration and REGULATORY COMPLIANCE

updating this declaration if their circumstances change
We strengthened our regulatory compliance framework
This process aims to ensure that all relevant risks are and improved the compliance maturity of our global
being adequately reported and addressed and provides IMDEX businesses. Our aim was to embed procedures and
another confidential means for employees to communicate contact points in daily business processes.
potential breaches or concerns.
Other achievements included:
• Significant investment into new systems and
RISK MANAGEMENT processes for compliance risk management,
compliance tracking and action management
Throughout the year we broadened and deepened our risk
• Expansion of our internal capability with the goal
management practices across all aspects of our business
of supporting a consistently high level of regulatory
including:
compliance performance across all jurisdictions
• Enterprise risk
• A 3-year strategy update to strengthen our regulatory
• Anti-bribery and anti-corruption risk compliance maturity, processes and systems in
• New product project risk consultation with global IMDEX businesses, the IMDEX
Executive Leadership Committee, IMDEX Board and
• Shared services risk. external stakeholders.
To support best-practice risk processes, we expanded our
dedicated internal risk function. This function is responsible
for promoting and facilitating stronger engagement in risk
management activities from identification to assessment, HUMAN RIGHTS AND
management and control.
A key focus was ensuring a strong targeted framework

MODERN SLAVERY
for COVID-19 resilience. Protecting our people and our We were pleased to publish our first Modern Slavery
business was critical and included infection prevention and Statement in FY20. As part of this process, we
control, crisis management and business continuity. engaged a broad range of stakeholders within our
business to strengthen modern slavery awareness and
risk management practices.
ENGAGEMENT WITH INTERNAL AUDIT When preparing our Modern Slavery Statement,
Our internal audit function was integrated into the risk and suppliers comprising 98% of our annualised spend
regulatory compliance function to better align with our were subject to a risk assessment. Other initiatives
strategic objectives and the functions of the IMDEX Board included:
ARCC. • Implementation of a targeted audit program on
Other notable achievements included: high-risk suppliers
• Additional capability and systems to support internal • Development of a three-year strategy to

stakeholders in managing and resolving internal audit strengthen and enhance our risk management
findings; and strategies for modern slavery, child labour, and
other forms of forced labour in the IMDEX global
• Stronger links between risk management, regulatory supply chain.
compliance, quality systems, information security and
the internal audit functions to ensure that the function Our FY21 Modern Slavery Statement will be released
is risk-based, proportionate, and focused on adding in December 2021.
value to our business.
Our FY20 Modern Slavery Statement can be found on our

website at:
51
DATA SECURITY
We invest substantially in cybersecurity controls that Key focus areas in FY22 include:
protect customer data and employ a dedicated team to
• Maintaining an ISO27001 certified Information Security
maintain cybersecurity.
Management Systems
During FY21 we focussed on improving visibility in the
• Implementing our three-year Information Security
network, building out our DevSecOps program and building
Strategy
an Architecture Development Methodology. Notable
achievements during the period included: • Developing an internal DevSecOps program
• Deploying an industry leading Security Information • Development and implementation of a data

and Event Management solution to correlate logs and classification scheme
generate alerts for anomalies • Deploying a Data Loss Prevention system to address
• Improving the DevSecOps program by conducting an the risk of data loss
in-house Capture the Flag exercise to train developers • Implementing a Cloud Access Security Broker to
about secure software development reduce the risk from cloud apps
• Developing an enterprise architecture framework We will also work to expand our
following TOGAF framework and embedding a ISO/IEC 27001 certification to
software architect in each of the software development include aiSIRIS, a product included
projects. in the IMDEX offering through the
acquisition of AusSpec.
TOGAF is a proven Enterprise Architecture methodology and framework used by the world’s leading
organisations to improve business efficiency. It is the most prominent and reliable Enterprise Architecture
standard. By embedding a software architect with security skills in each software development team,
IMDEX will also ensure that software developed for the consumption by customers is safe and secure.
ISO/IEC 27001:2013 CERTIFICATION

LastyearweachievedISO/IEC2701:3certi⁄cationthroughSGSiagloballyrenownedinspection,veri⁄cation,
testingandcerti⁄cationcompany.ISO/IEC2701:3isaninternationalinformationsecuritystandard,whichis
recognisedin16countries.Ourcerti⁄cationdemonstratesweoperateanInformationSecurityManagementSystem
thatiscompliantwithitsmandatoryrequirements,havesystematicprocessesformanaginginformations
andhaveimplementedcontrolsmandatedbythestandard.
Ourcerti⁄cationcomprisesacomprehensiverangeofactivitiesincluding:
• Softwaredevelopmentprocesses
• Theproductdevelopmentlife-cycleforitsreal-timesubsurfaceintelligentsolutions
• Manufacturinganddeploymentofproductsandtechnologies
• Clientsupportprocesses
• Informationtechnologysystemsforsupportingtheseactivitiesanddigitalfunctions
Thiswasasigni⁄cantmilestoneforourCompanyandprovidesadditionalassurancetoclientsregardingth
securityoftheirinformationiforexample,orderinganddispatchusingourGlobalDigitalRentalsplatform,cr
collectionandtransferwithouraward-winningcloudsolutionIMDEXHUB-IQandongoingsupportviaour
24/7CustomerCareportal.
52
KEY STATISTICS
PERCENTAGE OF Percentage
EMPLOYEES WHO
of employees COMPLETED
who Completed Anti-Bribery
ANTI-BRIBERY AND ANTI-CORRUPTION TRAINING
and Anti-Corruption Training During FY21 DURING FY21
AFRICA AND EUROPE
ASIA PACIFIC
NORTH AMERICA
SOUTH AMERICA
0% 20% 40% 60% 80% 100%
ANTI-BRIBERY AND ANTI-CORRUPTION INCIDENTS AND CASES DURING FY21

INCIDENTS AND CASES NUMBER
Totalnumberandnatureofcon⁄rmedincidentsofcorruption Zero
Totalnumberofcon⁄rmedincidentsinwhichemployeesweredismissedordisciplinedforcorruption.
Zero
Failuretoreportcon¥ictsofinteresthaveresultedindisciplinaryaction
Numberofcon⁄rmedincidentwhencontractswithbusinesspartnerswereterminatedornotreneweddue
Zero
toviolationsrelatedtocorruption
Publiclegalcasesregardingcorruptionbroughtagainsttheorganisationoritsemployeesduringthe
Zero
reporting period and the outcomes of such cases
Table10-IMDEXAB&ACFY21IncidentsandCases
CUSTOMER PRIVACY BREACHES AND INCIDENTS DURING FY21

BREACHES OR INCIDENTS NUMBER
Complaintsfromoutsidepartiesorregulatory
Zero
bodiesconcerningbreachesofcustomerprivacy
Incidentswhichresultedinlossofcustomer
Zerodata.
Table1-IMDEXCustomerPrivacyBreachesandIncidentsduringFY21
53
PEOPLE
HEALTH, SAFETY AND WELLBEING

Central to our IMDEX Management System are our QHSE standards. Based on ISO 45001:2018,
these standards form a robust framework to minimise operational risk, provide a safe working
environment and protect the health and wellbeing of our team.
OurQHSEstandardscoveranyonewhoperformsworkatanyofourlocations,acrossarangeofactivitiesincluding,bu
limitedtoresearchanddevelopment,manufactureandrepair,consultancyandtrainingservices.
Aninternalauditprogramisinplace,targetinghigherriskactivitiestomaintainandimprovethe
effectivenessoftheIMDEXManagementSystem.
Oursixlargestsitesaroundtheworldareindependently
certi⁄edtobothISO901:25andISO4501:28.
OurHSEPolicyandIntegratedManagementSystemdriveHSEperformanceandthephilosophy
ofcontinualimprovementthroughallfacetsoftheorganisation.
Healthandsafetyconsiderationsaremaintainedthrougheverystagegateoftheproductdevelopmentcycle.Comprehens
riskregisters,safeoperatingproceduresandmanualsareestablishedtosupportsafeproduction,transporta
service,andmaintenanceofourproducts.
DuringFY21wedidnotidentifyanyareasofnon-compliancewithlaws,regulationsorcodesapplicabletothehealthand
safetyimpactsofproductsand/orservicesandhavenotbeensubjecttoany⁄neand/orothersanctionsinthisarea.
HAZARD IDENTIFICATION, RISK Allhazardsandincidentsarereportedandmanagedinthe

onlineIMDEXQualityAlertsystem.Thehazardorincidentis
ASSESSMENT AND INCIDENT
assignedtotheresponsibleleaderandsubjectmatterexper
INVESTIGATION areinformed.Theoverarchingsystemismonitoredand
OurriskmanagementstandardprovidesauniformandmanagedbyQualityEngineersandregionalHSECoordinators.
systematicprocessfortheconductofeffectiverisk OurLeadersperformphysicalandvirtualManagerSafety
managementthatidenti⁄es,assessesandthenadopts Walkthroughsoftheworkenvironment,engagingwithteam
controlstrategiestoreduceriskswhileenablingourmembers
Companyandpromotingsafeworkpractices.Managerslead,
own,andregularlyreviewtheriskassessmentsandregister
totakeadvantageofpotentialopportunities.Thisstandard
complementsandlinksdirectlytotheoperationaland thatrelatetotheirteams.
enterpriserisktools,whichprovidethemechanismfor the
Learnings gainedfromtheseeventsarediscussedinteam
ongoing recording, management and communication of
meetings,communicatedtothegroupviaSafetyAlertsand
riskissues/eventsatalllevelsandacrossallpartsform
ofthe
partofregularmanagementreview.
organisation.
Theidenti⁄cationandcontrolofworkplacehazardsduring
Arangeoftrainingcontenthasbeendevelopedthatcovers
bothroutineandnon-routinetasksisachievedusingavar
hazard,riskandincidentmanagement.Theseresourcesare
ofonlineandappbasedltoolsm,fromsimpleTake5sandSafety
availabletoallemployeesviaIMDEXAcademy,ouronline Observationstomoredetailedworkplaceinspectionsandj
trainingplatform. safetyanalysis.
TM
TheIMDEXHSEPolicyandImSafe10SafetyPrinciples
promotesworkersmrightsandobligationtostopworkift
feelunsafe,orobserveanunsafeact,whichisbackedbythe
IMDEXAcademyisouronlinetrainingplatform. IMDEXSpeakUpPolicywhichprotectsthemagainstreprisal.
Theplatformprovidesarangeofvideobasedtutorials,
WehaveadoptedtheICAMmethodologytoinvestigate
e-learningcourseswithassessmentsandinstructor-led
seriousincidents,identifycausalfactorsandimplemen
workshops.
improvementopportunities.
54
EMPLOYEE WELLBEING EMPLOYEE PARTICIPATION,

Tosupportthehealthandwell-beingofouremployees,we
CONSULTATION AND COMMUNICATION
continuetoofferanEmployeeAssistanceProgram(EAP). Increasingindividualsafetyengagementandparticipa
OurEAPisprovidedbyLifeworks.Thefreecon⁄dentialacorepartoftheQHSEStrategyandincludesthefollowing
servicesupportsallemployeesandtheirimmediatefamilies
initiatives:
toidentify,exploreandmanageanyissuesimpactingtheir
• IncreasedSafetyEngagementthroughindividual
livesincluding:
objectives,foreverypartofthebusiness.Recorded
• Con¥ictandcommunication safetyengagementactivitiesincludepersonalrisk
• Maximising performance assessments,workplaceinspections,andbehaviour-
based safety interactions with peers
• Depression, anxiety and stress
• Enhancingcommunicationviamonthlyperformance
• Relationshipandmaritalproblems
reports,updates,andSafetyAlertstocommunicate
• Childrenorfamilymemberconcerns keylearningsfromincidentsandaccidents.Ouronli
QualityAlertsystemencouragesparticipationand
• Griefandbereavement
consultationwithemployeesandmanagementacross
• Eldercareissues alllocations,globally.Allinformationisdiscuss
• Addictions monthlyQHSEmeetings,attendedbymanagersand
teams
• Careerpathissues
• Drivingaccountabilitythroughliveleadingindic
• Retirement
dashboards,highlightingindividualperformance,f
• Worklifebalance frontlinetotheCEO
• Workstress • ArefreshoftheSharePointbased,IMDEXIntranet
continuestoprovideonlineandmobileaccesstoall
DuringFY21wecomplementedourEAPwithourlCaring
resourcesandbusinessapps,includinganincreas
fortheIMDEXCommunitymprogram,whichisalignedto
amountoftopicalcourseshostedinIMDEXAcademy.
ourmentalhealthandwellnessstrategy.Theprogram,and
supportinginitiatives,aimtoensurepsychologicalsafety
atwork;employeesfeelsupportedtobringtheirlfullselvesm
toworktobethebesttheycanbeandfeelconnectedto
IMDEX.
APeerSupporternetworkinitiativewasalsoimplemented
topromotebetterunderstandingandawarenessofmental
healthchallengesglobally.
55
EMPLOYEE TRAINING WORK RELATED INJURIES

Wecontinuouslyupdateanddeveloparangeofonline DuringFY21oursafetyengagementaverageincreasedfrom
courseswithinIMDEXAcademy,coveringgeneralhealthand12toThis
17.6 rateismeasurediniAuditorandrecordsthe
safetyandhazardspeci⁄crequirements.Examplesinclude: number of safetyactivitiesperemployeeperyear.Pleasingly,
ourLostTimeandTotalRecordableInjuryFrequencyRates
• AgeneralHSEInductionduringonboarding, reducedbyhalf.
supplementedbycoursesonHazardIdenti⁄cation&
Safetyinitiativesincluded:
RiskManagement,IncidentManagement,andHealth&
Wellbeing • SafetyEngagementthroughindividualobjectives,for
everypartofthebusiness
• TopicalcoursesonCOVID-19,andWork-RelatedStress
• Enhancingcommunicationviamonthlyperformance
• Hazardspeci⁄ccoursesonDriving,DisplayScreen reports,updates,andSafetyAlerts
Equipment,WorkingfromHome,andPreventingSlips,
• Drivingaccountabilitythroughliveleadingindicat
TripsandFalls.
dashboards,highlightingindividualperformance,fro
Our TrainingandDevelopmentProcedure
  outlinesthe frontlinetotheCEO
approachtoidenti⁄cationoftrainingandtheprocess
• Establishing⁄venewQHSECoursesinIMDEXAcademy,
ofapprovaloftrainingandprofessionaldevelopment
coveringtopicsfromHazardandRiskManagementto
opportunities. Health&Wellbeing.
ABOUT iAUDITOR
iAuditorisaninspectionAppthatwillhelpusraisesafetyandqualitystandardsacrossourglobal
business.Thehighly-customisableAppandwebplatformwillenableustocollectconsistentdata,
standardiseoperations,senddigitalreports,identifyfailedareasandgetproblemsresolvedifrom
anywhereonanydeviceatanytime.OurabilitytodriveandmeasureHSEengagementacrossallfacets
ofourbusiness,tailoredfortheirworkenvironment,hasneverbeengreater.
Keybene⁄tsandfeaturesofiAuditorinclude:
• Auser-friendlydesign
• Real-timeincidentreporting
• Eliminationofpaper-basedchecklists,
inspections and forms
• Simpli⁄edprocesses,greateref⁄ciency
andactionsautomatically
linkedtoourQualityAlertSystem
• MultiplelanguagesincludingEnglish,
German,PortugueseandSpanish
• Flexibilitytocustomiseforregion-speci⁄c
needs.
56
DIVERSITY AND INCLUSION

We value and encourage diversity in our global workforce. We seek to employ, retain and develop
employees for the long-term, assisting in their professional development and the development of the
culture and values of our Company.
Ouraimistobuildadiverseworkforceandinclusiveenvironmentwhereeveryonefeelsabletoparticipateandachi
potential.Thisstrategyextendsbeyondlegalcomplianceandseekstoaddvaluebycontributingtoouremployeesmh
well-being.IMDEXiscommittedtoprovidingequalopportunitiesforallemployees.
Weensureemploymentdecisionsaremadesolelyonthebasisofmerit,takingintoaccountrelevantskills,quali⁄c
experienceandabilityandwithoutbiasorprejudice.
Bybuildinganddevelopingteamsthatre¥ectthediversityofourclients,andthelocalculturesweoperatein,wecon
growasaglobalbusinessspreadacrossculturallydiverseregions.
OurapproachtodiversityissimpleiwewanteveryonetofeelwelcomeatIMDEXandtoachievesuccessinwhattheydoinan
environmentthatvaluesdifferentperspectivesandcollaboration.
Wedothisbydeployinginclusioninitiativesthatsupportallpeopletoengageandcollaboratewithoutbarrier
workplaceforeveryone.In201,IMDEXsupportedourworkforceonmoreinclusiveworkplacepracticesincluding:
• Updatingourremote-workingpoliciestocreatemore¥exibility
• Introducingpaiddomesticviolenceleaveandsupport
• Improvingpaidparentalleaveprovisions.
Further information can be found within our Diversity Policy and Global Code of Conduct Policy on
our website at:
https://www.imdexlimited.com/media/about/Diversity-Policy-Final-August-2018.pdf
https://www.imdexlimited.com/media/home/Imdex-Code-of-Conduct-Policy-English-June-2021.pdf
57
IMDEX™ WOMEN-EQ EMPLOYEE ENGAGEMENT

OurIMDEXWOMEN-EQprogramactsasaforum OurEmployeeEngagementProgram(EEP)isfocusedon
tosharelearningsandprovideguidance,leadership,
creatinganengagingandsupportiveworkplaceforall
inspiration,empowerment,andsupportforthepersonal
employees.
andprofessionaldevelopmentofallwomenatIMDEX.
TohelpinformourEEP,wepartnerwithGalluptoundertake
ThisprogramiscurrentlyfacilitatedinAPACandSouth
globalemployeeengagementsurveys.Thesesurveysare
Africa.
agreatpulsecheckforourbusinessandprovidevaluable
insightstoourExecutiveLeadershipTeamabouthow
employeesfeelabouttheirworkingenvironment.
Our⁄rstsurveywasrunin20.Feedbackfromthissurvey
wasusedtocreateourCultureTransformationRoadmap
andre⁄neourglobalPeopleandCulturestrategy.OurHR
teamsupportedregionalleaderstocreatelocalteam-level
actionplanstoensurecommitmentfromallteammembers
toincreasetheirownlevelofengagementandsupporta
betterteamenvironment.
Ournextemployeeengagementsurveyisscheduledfor
November201.Followingthissurvey,wewillde⁄nethe
criticalareasoffocustocontinuallyenhanceengagement.
59
VALUES AND CULTURE

During FY21 a cultural transformation roadmap was
developed in response to our global engagement survey
to drive development of IMDEX’s brand proposition, vision,
and values, to create greater connection for our employees.
TeamalignmentstrategieswerefacilitatedwiththeExecutiveteamto
createsynergyandfocusoncollectivelydrivingdeliveryofstrategic
objectives.
InOctober201weareexcitedtolaunchourrefreshedbrandvaluesin
linewithour40thanniversary.Thesevaluesre¥ecttheevolutionofour
Companyandwhatisimportanttoustoday.Keythemesinclude:
• Ourglobalthinking
• Anawarenessthattheworkwedohasadirect
impactonef⁄cientandsustainableminingpractices
• Innovationtosolveindustrychallenges
• Theimportanceofcollaboration.
60
TALENT ATTRACTION & RETENTION

Employee Rewards and Benefits Employee Development
Weemploygreatmindstodevelopgreatsolutionsforour
Wetakeaholisticviewtorewardandencourageapositive
culturalenvironmentthatin¥uencestheattractionclients.
and OurLearningandDevelopment(L&D)framework
retentionofemployees.Programsaredesignedtobefair, waslaunchedtofosteracultureofcontinuouslearningan
equitableandcompliantwithlocalpractices. offerdevelopmentopportunitiestoourpeople.TheL&D
Frameworkoutlinesdevelopmentopportunitiesatfourlevel
PayanalysiswasconductedtoevolvetheRemuneration
1. HowwealignnewemployeestoIMDEX
FrameworkinthemajorityoflocationsthatIMDEXoperates,
toenableustoreviewinternalconsistencyandmarket
2. Creatingoperationalexcellenceineachfunction
competitivenessglobally.
3. Fosteringleadershipgrowth
AGlobalRecognitionFrameworkwasdevelopedtoprovide
ouremployeeswithasetoftoolstoencouragerecognition. 4. Buildingstrategicleadership.
Fromasimplelthankyoumtoaspecialappreciationgift, the
Nominated IMDEXemployeesparticipatedintheIMDEX
frameworkhelpscreateanenvironmentmoreconduciveoflXSellCustomerSolutionsmprogramaimedatdeveloping
thecultureneededtomeetthechallengesandopportunities
capabilitieswithinourglobalsalesteam.Theprogram
ofthefuture. focusedonequippingsalesteamswithskillstodeliverv
propositions
Furtherinformationrelatingtoourremunerationpolicies for andpresentvaluebasedIMDEXsolutionsto
KeyManagementPersonnelaresetoutintheRemuneration addressclientrequirements.
ReportwithintheFY21FinancialReport. Asaresultoftheleadershipcapabilityassessmentproj
. wedesignedandimplementedthelLeadingIMDEXintothe
FutureProgram(LIFT)mfocussingon:
• Deliveringacompellingvisionandstrategy
• Instillingtrustandfosteringteamperformance
• Findingawaytodeliver
• Decisivedecision-making
• Couragetochallenge
• Cultivatinginnovation.
61
OUR EMPLOYEE VALUE PROPOSITION
TOTAL REWARD BENEFITS WORKPLACE

REFLECTING TANGIBLE AND AN ENVIRONMENT
BUSINESS INTANGIBLE OFFERINGS THAT SUPPORTS
REQUIREMENTS, THAT REPRESENT ENGAGEMENT AND
STRATEGIC IMDEX’S BRAND AND PRODUCTIVITY
MILESTONES AND SUPPORT WELLBEING AND
MARKET PRACTICES DEVELOPMENT
RECOGNITION DEVELOPMENT
FORMAL AND INFORMAL PROGRAMS AIMED AT
PROGRAMS THAT ALIGN FUTURE PROOFING
WITH CORPORATE VALUES IMDEX AND SUPPORTING
AND INSTIL A CULTURE OF EMPLOYEES TO THRIVE
CELEBRATION
KEY STATISTICS
During FY21 our global workforce increased by over 7% to 521 people, largely due to growth in
software engineering and supply chain teams. 22.7% were female employees and 77.3% were
male employees.
Wecurrentlydonotcollectdataonotherindicatorsofdiversityforexampleminoritygroups.
DataisdrawnfromourHumanResourcesInformationSystem.
Nosigni⁄cantportionsofouractivitiesareperformedbyworkerswhoarenotemployees.
EMPLOYEES
EMPLOYEES
FY21 521
FY20 485
FY17 FY18 FY19 FY20 FY21
Fatalities 0 0 0 0 0
FY21 NEW HIRES BY GENDER
TRIFR 6.40 4.28 6.73 6.95 2.78
Note: Our frequency rates
Main type Strain LacerationVarious Strain Strain are calculated per 1,000,000
NEW hours worked and external
MALE 98 workers, for example agency
Man hours 937,0 1,68735 1,8953 1,086 1,079832
HIRES workers or consultants are
excluded from injury reports.
NEW
FEMALE 44
IMDEX
HIRES LOST TIME & TOTAL RECORDABLE INJURIES
FREQUENCY RATE (LTIFR & TRIFR) - 12 MONTHS TO DATE
FY21 NEW HIRES BY REGION

SO
AME
SOUTH 9
NO
AMERICA 2 AME
NORTH 23
AMERICA 9 PAC
EUROPE 1
63
ASIA 58
30-40 58
FY21 NEW HIRES BY GENDER % MALE ASIA 11.5%
PACIFIC 29
IMDEX™ Sustainability Report 2021 20-30 2.7%
NEW 5
AFRICA
MALE 98 % FEMALE 8.1%
2
HIRES
MALE FEMALE
NEW MALE FEMALE
FEMALE 44
HIRES
FY21 Parental Leave by Gender and Region

FY21 NEW HIRES BY AGE
FY21 NEW HIRES BY REGION
Y21 Employees Returned from
FY21Parental Leave
NEW HIRES BYand Still Employed Following 12 Months
REGION FY21FY21
TURNOVER
Turnover by Region BY REGION
SOUTH
AMERICA 1
70-80 1
9 SOUTH 2%
SOUTH NORTH 4
AMERICA 2 AMERICA 1% 4
60-70 AMERICA 4
23 NORTH 2.7%
NORTH
AMERICA AMERICA50-60 1.9%
30
ASIA
9 PACIFIC 4
EMPLOYEES
6% FY21 Turnover by Age
EUROPE 1 EUROPE40-50 26
MALE FEMALE
30-40 29 5.4% 55
FY21
ASIA 58 ASIA
521
70-80 4%
PACIFIC 29 PACIFIC 4.8%
20-30 34
5 60-70 9% 1.7%
AFRICA
FY20 485 AFRICA
Permanent and Temporary Employees by Gender 4%
2
50-60 3.8%
MALE FEMALE
Permanent and Temporary
MALE FEMALE
Employees by Gender
MALE 409
40-50 4.4
FY21 Employees Returned from Parental Leave
FY21 FY21
FEMALE NEW HIRES
NEW HIRES BY GENDER
BY GENDER
130 FY21
MALE TURNOVER BY GENDER
FY21 Turnover by Gender 30-40 409
FY21 NEW HIRES BY AGE
SOUTH
20-30
AMERICA 1 2.7%
NEW % MALE 11.5%
MALE 98 FEMALE 130
HIRES
70-80 1 NORTH 4
AMERICA 4
NEW % FEMALE 8.1%
60-70
FEMALE 4 44
HIRES ASIA
PACIFIC 3
50-60 Full-Time and Part-Time Employees 30
by Gender
MALE FEMALE
MALE FEMALE
40-50 26
PERMANENT AND TEMPORARY
FY21 NEW HIRES BY REGION FULL-TIME AND
Full-Time and PART-TIME
Part-Time Employees by Gender
SOUTH
EMPLOYEES
30-40 Permanent
FULL
BY GENDER 29
and Temporary Employees
113 by Gender 55
400 EMPLOYEES BY GENDER AMERICA 1
TIME Returned from Parental
FY21 Employees Leave and Still Employed Following 12 Months FY21 Turnover by Region
SOUTH 9
NORTH 4
20-30
AMERICA 2 34
PART 17 9 FULL 113 AMERICA 400 4
MALE 409 TIME
TIME 2%
NORTH 23 SOUTH
AMERICA AMERICA 1% ASIA
9 PACIFIC FY21 Employees Returned from Parental4Leave
MALE FEMALE PART 17 9
FEMALE 130 TIME
NORTH 2.7%
EUROPE 1
AMERICA 1.9% MALE FEMALE
MALE FEMALE
SOUTH
FY21 Turnover by Gender 58 AMERICA 6% 1
ASIAPermanent and Temporary Employees by Region EUROPE
PACIFIC 29
PERMANENT AND TEMPORARY EMPLOYEES BYASIAREGION NORTH
AMERICA5.4% 2
4
% MALE 5 11.5% Permanent and Temporary Employees by Region

AFRICA
PACIFIC 4.8%
2
SOUTH 86
ASIA
AMERICA 9%
Full-Time
MALE
and Part-Time Employees by Gender
FEMALE AFRICA PACIFIC 3
% FEMALE 8.1% 4%
NORTH 109 SOUTH 86 MALE FEMALE
AMERICA AMERICA FY21 Employees Returned from Parental Leav
MALE FEMALE MALE FEMALE
FULL 113 400 NORTH

EUROPE 31 109
TIME FY21 NEW HIRES BY AGE AMERICA
SOUTH
AMERICA 1
ASIA
PART 262 EUROPE 31
17 9
PACIFIC
TIME
70-80 1 NORTH 4
ths FY21 Turnover by Region AMERICA 4
AFRICA
MALE
51
FEMALE ASIA 262
60-70 4 PACIFIC FY21 Employee Return from Parental Leave and
ASIA
SOUTH 2% PACIFIC 3
50-60
AMERICA 1% 30 AFRICA 51
64 Permanent and Temporary Employees by Region SOUTH MALE FEMALE
NORTH
40-50 2.7% 26 AMERICA
AMERICA 1.9%
EUROPE SOUTH MALE FEMALE
AMERICA 1
9 ASIA 58
NORTH 4
PACIFIC 29 IMDEX™ Sustainability Report 2021
AMERICA 4
1 NEW HIRES BY REGION
23 5 SOUTH
AFRICA AMERICA
ASIA 1 6
9 2 PACIFIC 4
9
NORTH 4
MALE FEMALE
AMERICA MALE FEMALE 4
23
58 ASIA FY21 Employees
6 Returned from Parent
9 PACIFIC
29 4
ES FY21 FY21
NEW HIRES
NEW HIRES BY AGEBY AGE FY21 TURNOVER MALE
FY21 Turnover by Age
BY AGE
SOUTH FEMALE
AMERICA 1
58
FY21 Turnover by Age
FEMALE
29 70-80 1 521 NORTH
70-80 4%
AMERICA
5 FY21 Employees Returned from Parental Leave
60-70 4
70-80 4% 60-70 1.7% ASIA
485
PACIFIC 3
NEW
LE HIRES BY FEMALE
AGE 50-60 30
60-70 1.7%
FY21 Turnover by Age 50-60
SOUTH 3.8%
AMERICA 1 MALE FEMALE
40-50 26 FY21 Employees Returned from Parental Leave

50-60 3.8% 40-50 4.4%
NORTH 4
70-80 4%
AMERICA 4
30-4040-50 29 4.4% 55
21 NEW HIRES BY AGE 30-40 6.5%
W4 HIRES BY GENDER SOUTH
60-70 1.7% AMERICA
ASIA 1 6
20-3030-40 34 6.5% PACIFIC
20-30 3
2.7%
30 4
50-60 3.8% NORTH
98 AMERICA
20-30 2.7%
MALE FEMALE 4
26 FY21 Employees Returned from Parent
4 40-50 4.4%
ASIA 6
44 PACIFIC 3
29 55
30 30-40 6.5%
MALE FEMALE
SOUTH
34 FY21 Turnover by Gender AMERICA 1
26 20-30 2.7% FY21 Parental Leave by Gender and Region
PARENTAL LEAVE
FY21 Parental Leave by Gender and Region NORTH
W HIRES BY REGION 29 55 AMERICA 2
Allouremployeesareentitledtoparentalleave
% MALE 11.5% asprimaryor
SOUTH secondary
FY21 Employees carers.
Returned from Parental Leave and Still Employed Following 12 Month
AMERICA 1
Asummary
34 ofleave,returntoworkandretentionrates isprovided inthegraphsbelow. ASIA
SOUTH
9 AMERICA 1 PACIFIC 3
% FEMALE 8.1% NORTH 4
SOUTH
Turnover by Gender AMERICA
AMERICA 1 4
FY21 PARENTAL
NORTH FY21 ParentalLEAVE
Leave byBYGender
GENDER AND
and Region
4 REGION FY21 EMPLOYEES RETURNED FROM PARENTAL MALE LEAVE FEMALE
FY21 Employees Returned from Parental Leave and Still Employed Following 12 Mo
23 AMERICA 4 AND STILL EMPLOYED FOLLOWING 12 MONTHS 6
MALE FEMALE ASIA
NORTH 4
9 AMERICA
PACIFIC 2 4
SOUTH
ASIA 11.5% 6
AMERICA
PACIFIC 1 4 SOUTH
21 Turnover by Gender AMERICA
ASIA MALE 1 FEMALE 6
PACIFIC 3
NORTH8.1% MALE FEMALE 4
AMERICA 58 NORTH 4
4
12 Months FY21 Turnover by Region AMERICA MALE
2
FEMALE
29 11.5%
FEMALE ASIA 6
FY21 Employee6 Return from Parental L
PACIFIC 4 ASIA
SOUTH 2% PACIFIC 3
AMERICA 8.1%
1%
MALE FEMALE
FEMALE
MALE FEMALE
SOUTH
NORTH 2.7% AMERICA
ALE FEMALE
1 Turnover by Region AMERICA 1.9%
FY21 Employees Returned from Parental Leave
FY21 EMPLOYEE RETURN FROM PARENTAL NORTH LEAVE
FY21 EMPLOYEES RETURNED
FY21 Employees FROM
Returned from PARENTAL
Parental Leave
6% LEAVE AMERICA 50%
EUROPE AND RETENTION
FY21 EmployeeRATES
Return from Parental Leave and Retention Rates
W HIRES 2%
BY AGE
SOUTH ASIA
1%
ASIA 5.4% AMERICA 1 PACIFIC
Y21 Turnover by Region SOUTH SOUTH
PACIFIC
AMERICA 1 4.8%
2.7% AMERICA 100%
NORTH 4
1.9% FY21 Employee Return from Parental Leave andMALE
Retention Rates FEMALE
NORTH FY21 Employees Returned from Parental
4 Leave 9% AMERICA 4
2% AFRICA NORTH 100%
AMERICA 4% 4 AMERICA
1% 6% 50%
ASIA 6
SOUTH
SOUTH
ASIA 6 PACIFIC 3 100%
2.7% MALE FEMALE AMERICA
ASIA 100%
30 AMERICA
PACIFIC
5.4% 1 3
1.9% PACIFIC 100%
4.8% MALE FEMALE
NORTH 100%
NORTH 4
26 6% MALE FEMALE AMERICA MALE FEMALE 50%
AMERICA 9% 4
4% 100%
29 55 6 ASIA
ASIA
5.4% PACIFIC 100%
PACIFIC 3
MALE FEMALE
4.8%
34
MALE FEMALE
MALE 9% FEMALE
4%
65
FY21 Employees Returned from Parental Leave and Still Employed Following 12 Mo
MALE FEMALE
FY21 Employees Returned from Parental Leave and Still Employed Following 12 Months
FY21 HIGHLIGHTS
OPERATIONAL HIGHLIGHTS
IMPROVED SAFETY CONTINUED TO

PERFORMANCE SUCCESSFULLY
(LTIFR FY21: 1.85 v FY20: 3.97)
NAVIGATE COVID-19
with increasing pressure on supply
chains and people
A STRONG FOCUS ON ACQUIRED AusSPEC

ENHANCING EMPLOYEE and its aiSIRIS software
to enhance real-time rock
WELLBEING knowledge offering with spectral

mineralogy and AI technologies
workplace flexibility and diversity
IMPLEMENTED A SIGNED THREE JDAs1

SUSTAINABILITY to support new product development
and delivery with future opportunities
POLICY being discussed with a variety of clients
release first Sustainability

Report in September 2021 1
Joint development agreements.
CONVERTED CLIENT A RECORD
TRIALS FOR DRILLING NUMBER
OPTIMISATION FLUIDS of rock knowledge
sensors on rent
UP 35%
in the mining production market into
recurring operational revenue
on pre-COVID-19 peak
IMDEX™HUB-IQ™ INCREASED
connected revenue
PRODUCTION
UP 30% CAPABILITIES
for gyro-related technologies in
response to demand
RESPONDED TO INCREASING DEMAND FOR

REMOTE WORKING SOLUTIONS
upgraded IMDEX™HUB-IQ™ and released ioGAS 7.3™ geochemistry data
analysis software
DIVIDENDS
PAID
an interim fully
franked dividend of
1.0cps
DIVIDENDS
DECLARED
a final fully
franked dividend of
1.4cps
a fully franked
SPECIAL DIVIDEND
of
0.4cps
FINANCIAL HIGHLIGHTS
ComparedtoFY20at30June20
RECORD REVENUE of EBITDA of
$264.4 million $75.5 million

up 11.2% (up 18% on a up 38.8% (up 50% on a
constant currency basis) constant currency basis)
ROBUST BALANCE SHEET

STRONG CASH with a strong net cash
GENERATION position of
$47.4 million
with cash from operations
UP 8.6%
UP 47.7%
KEY METRICS
$m (unless indicated otherwise) FY21 FY20 VAR %
Market Capitalisation (at 30 June) 808.8 430.7 87.8

Revenue 264.4 237.7 11.2
Economic Value Retained 55.7 29.4 89.5
EBITDA1 75.5 54.4 38.8
EBITDA Margin %
1
28.5 22.9 24.5
NPBT 44.5 29.1 52.9
NPAT 31.7 21.8 45.5
EPS (cents) 8.0 5.6 42.0
Operating Cash Flow 56.9 52.4 8.6
Operating Cash Flow Per Share (cents) 14.4 13.6 5.9
Net Assets (at 30 June) 253.1 221.6 14.2
Net Cash (at 30 June)2 47.4 32.1 47.7
Fully Franked Final Dividend (cents) 1.4 0.7 100
Fully Franked Special Dividend (cents) 0.4 2.0 -

Full Time Employees (at 30 June) 521 485 7.4
Table 12 - FY21 Key Metrics
1
Excluding $3.6m gain on VES sale in FY20 and $2.9m net gain in FY21 on Flexidrill and AusSpec deferred consideration fair value adjustment.
2
Cash less external borrowings (excluding lease liabilities)
69
APPENDIX
GRI INDEX
GRI Section Reference Reference
Disclosure Omissions
Standard or Response (Page)
GENERAL DISCLOSURES
ORGANISATIONAL PROFILE
102-1 Nameoftheorganisation About this Report 4
102-2 Activities,brands,products,andservices
AboutIMDEX 15-7
102-3 Locationofheadquarters AboutIMDEX 18
102-4 Locationofoperations AboutIMDEX 18
AboutIMDDEXand
102-5 Ownershipandlegalform 5
IMDEXFY21AnnualReport
102-6 Marketsserved AboutIMDEX 15-9
102-7 Scaleoftheorganization FY21Highlights 69
102-8 Informationonemployeesandotherworkers
People 54-6
102-9 Supplychain AboutIMDEX 21
Signi⁄cantchangestotheorganizationandits
102-10 AboutIMDEX 21
supplychain
102-11 PrecautionaryPrincipleorapproach Governance 49-51
102-12 Externalinitiatives About this Report 4
102-3 Membership of associations Society 4-5
STRATEGY
102-4 Statementfromseniordecision-maker LeadershipSupport 9-13
102-5 Keyimpacts,risks,andopportunitiesGovernance
ETHICS AND INTEGRITY
Values,principles,standards,andnormsof
102-6 Governance 49-52
behaviour
Mechanismsforadviceandconcernsabout
ethics
70

STAKEHOLDER ENGAGEMENT
102-4 Listofstakeholdergroups OurSustainabilityPriorities 30-1
102-4 Collectivebargainingagreements DatanotcollatedforFY21
102-4 Identifyingandselectingstakeholders
OurSustainabilityPriorities 30-1
102-43 Approachtostakeholderengagement OurSustainabilityPriorities 30-1
102-4 Keytopicsandconcernsraised DatanotcollatedforFY21
REPORTING PRACTICE
Entitiesincludedintheconsolidated
About
⁄nancial
this Report and
102-45 4
state-ments IMDEXFY21AnnualReport
102-46 De⁄ningreportcontentandtopicBoundaries
OurSustainabilityPriorities 25-3
102-47 Listofmaterialtopics OurSustainabilityPriorities 3
102-49 Changesinreporting About this Report 4
102-5 Reporting period About this Report 4
102-5 Date of most recent report About this Report 4
102-5 Reportingcycle About this Report 4
Contactpointforquestionsregardingthe
102-53 About this Report 4
report
Claimsofreportinginaccordancewith
102-54 About this Report 4
theGRIStandards
MATERIAL TOPICS
ECONOMIC PERFORMANCE
Directeconomicvaluegeneratedand
201-1 FY21Highlights 69
distributed
Financialimplicationsandotherrisksand
201-2 Environment 36-9
opportunitiesduetoclimatechange
PROCUREMENT PRACTICES
204-1 Proportionofspendingonlocalsuppliers
AboutIMDEX 21
71

ANTI-CORRUPTION
Operationsassessedforrisksrelatedto
corruption
Communicationandtrainingaboutanti-
205- Governance 49-51
corruption
Con⁄rmedincidentsofcorruptionandactions
205-3 Governance 53
taken
MATERIALS
301- Materialsusedbyweightorvolume DatanotcollatedforFY21
301-2 Recycledinputmaterialsused DatanotcollatedforFY21
Reclaimedproductsandtheirpackaging
301- DatanotcollatedforFY21
materials
ENERGY
302-1 Energy consumption within the organisation DatanotcollatedforFY21
Energy consumption outside of the

302- DatanotcollatedforFY21
organisation
302- Energy Intensity DatanotcollatedforFY21
302-4 Reduction of energy consumption DatanotcollatedforFY21
Reductionsinenergyrequirementsof
302-5 DatanotcollatedforFY21
productsandservices
EMISSIONS
305-1 Direct(Scope1)GHGemissions Environment 35
305-2 Energyindirect(Scope2)GHGemissions Environment 35
305- Otherindirect(Scope3)GHGemissions Environment 35
305-4 GHGemissionsintensity DatanotcollatedforFY21
72

EFFLUENTS AND WASTE
306-1 Waterdischargebyqualityanddestination
Environment 41&
306-2 Wastebytypeanddisposalmethod Environment 41&
306- Signi⁄cantspills Environment 4
306-4 Transport of hazardous waste DatanotcollatedforFY21
Waterbodiesaffectedbywaterdischarges
306-5 Environment 41&
and/orrun-off
ENVIRONMENTAL COMPLIANCE
Non-compliancewithenvironmentallawsand
307-1 Governance 4
regulations
EMPLOYMENT
401- Newemployeehiresandemployeeturnover People 63-5
Bene⁄tsprovidedtofull-timeemployeesthat
401-2 arenotprovidedtotemporaryorpart-time People 63-5
employees
401-3 Parentalleave People 63-5
OCCUPATIONAL HEALTH AND SAFETY
Occupationalhealthandsafetymanagement
403-1 People 54
system
Typesofinjuryandratesofinjury,
403-2 People 63
occupationaldiseases
403- Occupationalhealthservices People 5
Workerparticipation,consultation,and
403- communicationonoccupationalhealthPeople
and 5
safety
Workertrainingonoccupationalhealthand
403-5 People 56
safety
403-6 Promotionofworkerhealth People 54-6
Preventionandmitigationofoccupational
403-7 healthandsafetyimpactsdirectlylinked
People
by 54-6
businessrelationships
Workerscoveredbyanoccupationalhealth
403-8 People 54
and safety management system
403-9 Work-relatedinjuries People 63
73

CUSTOMER HEALTH AND SAFETY
Assessmentofthehealthandsafetyimpacts
416- People 54
ofproductandservicecategories
Incidentsofnon-complianceconcerningthe
416-2 healthandsafetyimpactsofproductsand
People 54
services
DIVERSITY AND EQUAL OPPORTUNITY
405-1 Diversityofgovernancebodiesandemployees
DatanotcollatedforFY21
Ratioofbasicsalaryandremunerationof
405-2 DatanotcollatedforFY21
women to men
LOCAL COMMUNITIES
Operationswithlocalcommunityengagement,
413- impactassessments,anddevelopment Society 45
programs
Operationswithsigni⁄cantactualand
413-2 potentialnegativeimpactsonlocal Society 45
communities
SOCIAL-ECONOMIC COMPLIANCE
Non-compliancewithlawsandregulationsin
419- Society 45
thesocialandeconomicarea
74
SUSTAINABILITY ACCOUNTING
STANDARDS BOARD INDEX
Section Reference Reference
or Response (Page)
SASB - EXTRACTIVES AND MINERAL PROCESSING INDUSTRY - METALS AND MINING SUB-INDUSTRY
ENVIRONMENT
Scope1emissions;strategytominimiseScope1
GHGEmissionsreduction Environment 35
emissions,targetsandanalysis
Emissionsof(1)CO,(2)Nox(excludingN2O),(3)SOx,
AirQuality (4)particulatematter,(5)mercury,(6)leadand(7) DatanotcollatedforFY21
volatileorganiccompounds
Energyconsumed;percentagefromgridelectricity;
Energy Management DatanotcollatedforFY21
percentagefromrenewablesources
Totalweightoftailingswaste,percentagerecycled,
Wasteandhazardousmaterial
weightofmineralwasteandpercentagerecycled,and
DatanotcollatedforFY21
management
numberoftailingsimprovements
Totalfreshwaterwithdrawn,consumed,andnumber
Waterandwastewater
ofincidentsofnon-complianceassociatedwith DData
water
notcollatedforFY21
management
qualitypermits,standardsandregulation
EMPLOYEES
(1)MSHAall-incidencerate,(2)fatalityrate,(3)near-
missfrequencyrate(NMFR)and(4)averagehoursof
Healthandsafety People 63
health,safetyandemergencyresponsetrainingfor
(a)fulltimeemployees,and(b)contractemployees
GOVERNANCE
Policiestopreventbriberyandcorruption,production
incountrieswiththe20lowestrankingsin
Business ethics TransparencyInternationalmsCorruptionPerception
Governance 49-52
Index(CPI),numberofactiveprojectsandbacklogin
countrieswiththe20lowestCPIrankings.
SASB - INFRASTRUCTURE INDUSTRY - ENGINEERING AND CONSTRUCTION SERVICES SUB-INDUSTRY
ENVIRONMENT
Incidentsofnon-compliancewithenvironmental
Environmentalimpactsof
permits,standardsandregulations,discussion
Environment
of 4
projectdevelopment
processes
CUSTOMER
Amountofdefect-andsafety-relatedreworkcosts,
totalamountofmonetarylossesasaresultoflegal
Productqualityandsafety DatanotcollatedforFY21
proceedings associated with defect- and safety-
relatedincidents
75
FORWARD LOOKING STATEMENTS

Thisreportmaycontaincertainlforward-lookingstatementsmandprojections
providedbyoronbehalfofImdexlimited(IMDEX).
Forwardlookingstatementscangenerallybeidenti⁄edbytheuseofforward-
lookingwordssuchas,lexpectm,lanticipatem,llikelym,lintendm,lshouldm,lcouldm,lmaym,
lpredictm,lplanm,lproposem,lwillm,lbelievem,lforecastm,lestimatem,ltargetmloutlookm,
lguidancemandothersimilarexpressionswithinthemeaningofsecuritieslaws
ofapplicablejurisdictions.Theseforwardlookingstatementsre¥ectvarious
assumptionsmadebyoronbehalfofIMDEX.
Youarecautionednottoplaceunduerelianceonforwardlookingstatements.
The statements, opinions and estimates in this report are based on assumptions
andcontingenciessubjecttochangewithoutnotice,asarestatementsabout
marketandindustrytrends,projections,guidance,andestimates.
Theforwardlookingstatementscontainedinthisreportarenotguaranteesor
predictionsoffutureperformanceandinvolveknownandunknownrisksand
uncertaintiesandotherfactors,manyofwhicharebeyondthecontrolofIMDEX,
andmayinvolvesigni⁄cantelementsofsubjectivejudgementandassumptions
astofutureeventswhichmayormaynotbecorrect.Theforwardlooking
statementsaresubjecttosigni⁄cantbusiness,economicandcompetitive
uncertainties and contingencies associated with the Mining-Tech industry
whichmaybebeyondthecontrolIMDEX,whichcouldcauseactualresultsor
trendstodiffermaterially,includingbutnotlimitedtoretentionofkeybusiness
relationships,environmentalimpactsandclaims,operationalandexecutional
risks,researchanddevelopmentandintellectualpropertyrisks,aninabilityto
meetcustomerdemand,priceandcurrency¥uctuations,operatingresults,
legislative,⁄scalandregulatorydevelopments,economicand⁄nancialmarket
conditionsinvariouscountries,approvalsandcostestimates,environmental
risks,abilitytomeetfundingrequirementsandsharepricevolatility.Accordingly,
therecanbenoassurancethatsuchstatementsandprojectionswillberealised.
IMDEXmakesnorepresentationsastotheaccuracyorcompletenessofany
suchstatementofprojectionsorthatanyforecastswillbeachieved.
Anumberofimportantfactorscouldcauseactualresults,achievementsor
performancetodiffermateriallyfromtheforwardlookingstatements,including
therisksanduncertaintiessetoutabove.Investorsshouldconsidertheforward
lookingstatementscontainedinthisreportinlightofthosematters.theforward
lookingstatementsarebasedoninformationavailabletoIMDEXasatthedate
ofthisreport.Exceptasrequiredbylaworregulation(includingtheASXlisting
rules),IMDEXundertakesnoobligationtoprovideanyadditionalorupdated
informationwhetherasaresultofnewinformation,futureevents,orresultsor
otherwise.indicationsof,andguidanceoroutlookon,futureearningsor⁄nancial
positionorperformancearealsoforwardlookingstatements.
76
imdex@imdexlimited.com
www.imdexlimited.com

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IMDEX SUSTAINABILITY 2021 - Final

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SUSTAINABILITY

A strong core business that outperforms industry growth

Expansion within the mining production phase, which is a

FORWARD LOOKING STATEMENTS

A digital version of our FY21 Annual Report is available on our website at

COMMITTED TO ENHANCING OUR ESG-

OUR OBLIGATION AS A MINING-TECH

• Together We Thrive: Teamwork, recognising that we

strong economic outcomes. In order to be truly sustainable,

communities we interact with.

with additional energy being consumed in the crushing

is consumed in crushing and grinding in the mining circuit

ADAPTING AND INVESTING IN COVID- JUST THE BEGINNING OF OUR

A LEADING MINING-TECH COMPANY

OUR PRODUCT OFFERING

• Downhole Survey Sensors

G PROCESSING • Cloud-based Data Collection and

Applicable across mining value chain

EXPLORATION RESOURCE PRE-FEASIBILITY FRAGMENTATION MINING STOCK PILING PROCESSING

OPPORTUNITY TO GAIN IN SITU ROCK KNOWLEDGE 15

ROCK KNOWLEDGE AND QUALITY DATA

MANY $BN MINING Rock knowledge is an

Every mine in the world makes decisions on the four

THE FOUR COMPONENTS OF ROCK KNOWLEDGE

QUALITY DATA REPRESENTIVITY TIME SAVINGS

OUR ESTABLISHED GLOBAL BUSINESS

OUR CLIENTS AND BUSINESS PARTNERS

QUALITY REVENUE MODEL

RENTAL AND SAAS MINING PRODUCTION

• Increasing revenue from sensors • Increasing revenue from mining

AMERICAS BROAD COMMODITY EXPOSURE

• Increasing revenue from the • Product offering is commodity

OUR SUSTAINABLE PRIORITIES

Sustainability Policy information can be found on our website at:

Driving the sustainability of the global

Ensuring a safe and inclusive global Upholding ethical and sustainable

HOW WE GOVERN SUSTAINABILITY

IMDEX ESG COMMITTEE

Sarah Moredoundt SeniorCommunicationsAdvisor

GOVERNMENT & REGULATORS SUPPLIERS INDUSTRY PARTNERS

ESG AUDIT, RISK & RENUMERATION &

CHIEF EXECUTIVE OFFICER

IMDEX MANAGEMENT & EMPLOYEES

MATERIAL TOPICS AND MEASURING

MATERIAL TOPICS SUPPLIERS IMDEX FACILITIES CLIENT OPERATIONS LOCAL COMMUNITIES

UPSTREAM OPERATIONAL CONTROL DOWNSTREAM

SCOPE 3 (INDIRECT) SCOPE 2 (INDIRECT) SCOPE 1 (DIRECT) SCOPE 3 (INDIRECT)

The evaluation also found:

LAND DISTURBANCE AND

EXPLORATION RESOURCE PRE-FEASIBILITY FRAGMENTATION MINING STOCK PILING PROCESSING

PRE-FEASIBILITY FRAGMENTATION MINING STOCK PILING PROCESSING

e Data Solids Removal

STOCK PILING PROCESSING

Solids removal Drilling fluids 4% of world energy IMDEX™ Mining

WATER AND EFFLUENTS

IMDEX UG-SRU™ REDUCES WATER

• Reduces water consumption mud usage and

WATER AND EFFLUENTS IMPACT

American Exploration and Mining Association (AEMA)AEMAisa125-year-old,1,80+member,nationalassociation

Arizona Mining Industry Gets Our Support (AMIGOS)AMIGOSisanimportantcollectionofcompaniesspanningthenorthern

Association for Mineral Exploration (AME)AMEpromotesahealthyenvironmentandbusinessclimatefortheminerals

Australian Drilling Industry Association (ADIA)TheADIAprovidestraining,resources,conferencesandseminars,industr

Canadian Diamond Drilling Association (CDDA)TheCDDAdealswithgovernmentaldepartmentsandagenciestokeep